Day: May 11, 2021

Company Revises Its 2021 Annual Dividend Forecast Upwards to a Range of $3.00 per Share to $3.30 per Share BOCA RATON, Fla., May 11, 2021 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (“Newtek” or the “Company”) (Nasdaq: NEWT), an internally managed business development company (“BDC”), announced today its financial and operating results for the three months ended March 31, 2021. First Quarter 2021 Financial HighlightsNet investment income of $15.2 million, or $0.68 per share, for the three months ended March 31, 2021; a $0.69 per share increase compared to net investment loss of $(0.3) million, or $(0.01) per share, for the three months ended March 31, 2020. Adjusted net investment income (“ANII”)1 of $23.5 million, or $1.05 per share, for the three months ended March 31, 2021; an increase of 400.0%, on a per share basis,...

 First quarter 2021 net sales increased 8.3% versus the first quarter of 2020, with physical case volume up 4.8%(a).Gross profit increased $43.4 million, or 10.7%, in the first quarter of 2021 versus the first quarter of 2020. Gross margin improved 70 basis points to 35.3% primarily due to revenue management initiatives.First quarter 2021 income from operations was $94.2 million, up $61.4 million, or 187.0%, versus the first quarter of 2020.Key Results    First Quarter    (in millions, except per share data)   2021   2020   ChangePhysical case volume   86.9     83.0     4.8  %Net sales   $ 1,269.9     $ 1,173.0     8.3  %Gross profit   $ 448.7     $ 405.3     10.7  %Gross margin   35.3 %   34.6 %    Income from operations   $ 94.2     $ 32.8     187.0  %Basic net income per share   $ 5.69     $ 1.56     $ 4.13               Retail...

SAINT LAURENT, Quebec, May 11, 2021 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSX-V:IGX) (OTCQB:IGXT) (“IntelGenx”), a leader in pharmaceutical films, today announced that a significant majority of its shareholders have approved the resolution approving the previously announced investment in IntelGenx by ATAI Life Sciences AG (“atai”), pursuant to which atai will initially acquire an approximate 25% interest in IntelGenx. The resolution was approved by 96.6% of the votes cast by shareholders present or represented by proxy at the virtual annual meeting of shareholders held earlier today. At the meeting, shareholders also approved a resolution to amend IntelGenx’s Certificate of Incorporation to increase the total number of shares of common stock that IntelGenx is authorized to issue from 200,000,000 shares to 450,000,000...

MCLEAN, Va. , May 11, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $938 million in K Certificates (K-F111 Certificates) are expected to settle on or about May 20, 2021. The K-F111 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are SOFR-based. K-F111 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Discount Margin Coupon Dollar PriceAS $938.461 9.52 24 30-day SOFR avg + 24 100.000XS Non-OfferedDetailsCo-Lead Managers and Joint Bookrunners: Credit Suisse Securities (USA) LLC and Goldman Sachs & Co. LLC Co-Managers: Academy Securities, Inc.,...

On 11 May 2021, the annual general meeting (AGM) of shareholders in Equinor ASA (OSE: EQNR, NYSE: EQNR) approved the annual report and accounts for Equinor ASA for 2020, as proposed by the board of directors. The annual accounts and the annual report for Equinor ASA and the Equinor group for 2020 were approved, and a dividend of US dollar (”USD”) 0.12 per share will be distributed for the fourth quarter of 2020. The fourth quarter 2020 dividend accrues to the shareholders as registered in Equinor’s shareholder register with the Norwegian Central Securities Depository (VPS) as of expiry of 14 May 2021 (the ”Record Date”). Subject to ordinary settlement in VPS, this implies that the right to dividend accrues to shareholders as of 11 May 2021. For US ADR (American Depository Receipts) holders, dividend accrues also as of 11 May 2021. The...

WEST PALM BEACH, Fla., May 11, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne recently completed a successful RL10C-X altitude hot fire test series that put the next generation engine through the rigors of a typical spaceflight mission. Using a test chamber that simulates the vacuum of outer space, the RL10C-X, which produces roughly 24,000 pounds of thrust, was tested in a flight-like configuration to demonstrate the engine’s capability to complete a typical mission profile, including multiple restarts. The RL10C-X is the next evolution of the company’s RL10 upper-stage engine and contains major components – including the injector and combustion chamber – produced with the company’s industry-leading 3D printing technology. “Successfully completing this test series validates our approach to incorporating 3D-printing technology into...

TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — Mercury Acquisitions Corp. (the “Company” or “Mercury”) (TSX Venture: MERC.P) is pleased to announce that it has completed its initial public offering of 40,000,000 common shares (each a “Common Share”) to purchasers in British Columbia and Alberta at a price of $0.10 per Common Share for gross proceeds of $4,000,000 (the “Offering”). Leede Jones Gable Inc. (the “Agent”) acted as agent in respect of the Offering, in connection with which it received a cash commission equal to 8% of the aggregate gross proceeds of the Offering and an administrative fee. In addition, options to purchase an aggregate of 3,200,000 Common Shares (“Agent’s Options”) were issued to the Agent and its selling group. Each Agent’s Option entitles the holder to acquire one Common Share at an exercise price of $0.10...