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Month: May 2021

Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2021

ATHENS, Greece, May 20, 2021 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net loss and net loss from continuing and discontinued operations attributable to common stockholders of $2.9 million for the first quarter of 2021, compared to net income and net income from continuing and discontinued operations attributable to common stockholders of $1.3 million and $2.8 million, respectively, for the same period in 2020. Loss per share for the first quarter of 2021 was $0.57, while earnings per share for the first quarter of 2020 was $0.60 (basic) and $0.58 (diluted). Voyage and time charter revenues from continuing and discontinued operations were $8.4 million ($3.5 million net of voyage expenses) for the first quarter...

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Golar LNG Limited: Interim results for the period ended 31 March 2021

NFE transactions closed, strong shipping rates despite seasonality, and gas prices supportive of upstream activities The first quarter and subsequent months have been positive and eventful for Golar. With the announcement of the sale of Golar LNG Partners LP (“GMLP”) and Hygo Energy Transition Ltd. (“Hygo”) to New Fortress Energy (“NFE”) on January 13, and closing of the transactions on April 15, Golar has made significant progress simplifying its business, crystalizing the value of its asset portfolio, and strengthening its balance sheet. We are encouraged by the strength of shipping rates during what is normally a seasonally weak period, with TFDE1 spot rates currently around $70,000 per day. The negative impact of potential EEXI regulations on the viability of up to 254 steam turbine carriers relative to a global on-the-water fleet...

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Resgreen Group (OTCPINK: RGGI) Announces the Expansion of Wanda SD Sales and Marketing into the Personal Care Industry

Clinton Township, Michigan, May 20, 2021 (GLOBE NEWSWIRE) — Resgreen Group International (OTCPINK: RGGI), a leading mobile robot company, announces the introduction of Wanda SD’s sanitization methods into the personal care industry. Deep Cuts Barbershop of Mt Clemens, Michigan has commissioned Wanda SD’s mobile disinfection services. “Wanda SD is a wonderful addition to our efforts to keep our shop safe.” stated Gina Badamo, owner of Deep Cuts Barbershop. “Our industry has been hit particularly hard during the pandemic. Wanda will help bring us peace of mind in keeping our customers and employees safe as restrictions lift and businesses struggle to move forward.” The ability to disinfect air and surfaces by destroying 99% of dangerous pathogens is met with Wanda SD’s use of Ultraviolet-C (UVC) light and Ozone. This mobile vehicle...

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The Children’s Place Reports Record First Quarter 2021 Results

Reports Q1 GAAP Earnings per Diluted Share of $3.01 versus a Loss per Diluted Share of $(7.86) in Q1 2020 Reports Q1 Adjusted Earnings per Diluted Share of $3.25 versus an Adjusted Loss per Diluted Share of $(3.33) in Q1 2020 SECAUCUS, N.J., May 20, 2021 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced financial results for the first quarter ended May 1, 2021. Jane Elfers, President and Chief Executive Officer announced, “We delivered outstanding first quarter results with gross margin, operating margin, and EPS all at record levels. Our Q1 2021 net sales of $435 million exceeded our pre-COVID Q1 2019 net sales of $412 million, despite having 261 or 27% fewer stores ending Q1 2021 versus Q1 2019.” Ms. Elfers continued, “All...

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Global is Going Mobile; Global WholeHealth Partners Corp (GWHP-OTC) has Signed an Agreement With Dr. Vu Le to be the Medical Director for the CLIA WAIVED Mobile Laboratory

Global WholeHealth Partners Corp (GWHP: OTC) is bringing the testing to you, to your school or to your work.  8k filed on 05/14/2021. Global will be using this CLIA WAIVED Lab to test for COVID 19 Antigen, Antibody, and the other 15 tests that are CLIA WAIVED that Global carries. San Clemente, CA, May 20, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Global WholeHealth Partners Corp. (OTC: GWHP) offers one of the largest lines of COVID 19 tests. Global WholeHealth Partners Corp (OTC: GWHP) states that the Antibody IgG/IgM tests that they offer are capable of detecting all the current identified SARS-CoV-2 viruses.  The strains identified in the United Kingdom (B.1.1.7), South Africa (B.1.351), and Brazil (P.1) strain contains multiple mutations, most reflected in the S gene, which encodes the spike protein. Global understands...

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Latham Group, Inc. Announces First Quarter Fiscal 2021 Earnings Release and Conference Call Date

LATHAM, N.Y., May 20, 2021 (GLOBE NEWSWIRE) — Latham Group, Inc. (“Latham” or “the Company”), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced that it will release financial results for the first quarter of its fiscal year 2021 before the market opens on Thursday, June 3, 2021. The company will hold a conference call to discuss the results that same day at 9:00 a.m. Eastern Time. We encourage participants to pre-register for the conference call by visiting https://dpregister.com/sreg/10156579/e898803d85. Callers who pre-register will be sent a confirmation e-mail including a conference passcode and unique PIN to gain immediate access to the call. Participants may pre-register at any time, including up to and after the...

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Atea Pharmaceuticals Appoints Jerome Adams, M.D., M.P.H., to Board of Directors

Former U.S. Surgeon General Brings Wealth of Clinical and Public Health Experience BOSTON, May 20, 2021 (GLOBE NEWSWIRE) — Atea Pharmaceuticals, Inc., a biopharmaceutical company engaged in the discovery and development of next-generation therapeutics for severe viral infections, today announced the appointment of Jerome Adams, M.D., M.P.H., to its Board of Directors. Dr. Adams most recently served as Surgeon General of the United States and brings a wide range of experience spanning clinical practice, clinical research, public health, and government agency leadership. “We are honored to welcome Dr. Adams to our Board of Directors, as his unique experience as Surgeon General during the COVID-19 pandemic will undoubtedly help guide Atea as we continue to advance our antiviral pipeline, including our global Phase 3 MORNINGSKY trial...

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Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid

BROOKFIELD, NEWS, May 20, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (NYSE: BAM) (TSX: BAM.A) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 132,856,682 Class A Limited Voting Shares (“Class A Shares”), representing 10% of the public float of Brookfield’s outstanding Class A Shares. Purchases under the bid will be made through the facilities of the TSX, the New York Stock Exchange (“NYSE”), and/or alternative trading systems. The period of the normal course issuer bid will extend from May 25, 2021 to May 24, 2022, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted. As at...

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U.S. Welding Consumables Market to Reach USD 3.35 Billion by 2028; High Demand for Welding Solutions from Shipbuilding and Railway Industries to Propel Growth: Fortune Business Insights™

List of the Companies Profiled in the Market: The Lincoln Electric Company,KISWEL CO.LTD,KOBE STEEL.LTD,Colfax Corporation,Illinois Tool Works Inc.,Fronius International GmbH,Hyundai Welding Co., Ltd.Linde plc,CS HOLDINGS LTD,Miller Electric Mfg. LLC,Selectrode Industries, Ltd.Obara Corporation,ARCON Welding,Welding Alloy Group,DENYO,Hobart Welding Products. Pune, India, May 20, 2021 (GLOBE NEWSWIRE) — The U.S. welding consumables market is set to gain momentum from the need to reduce the weight of vehicles. Hence, manufacturers are employing fabric materials instead of metal parts to minimize sound pollution, lower emissions, and fuel consumption. Lincoln Electric, for instance, unveiled GTAW (TIG) cut lengths in September 2019. These would enable high-quality, clean welds with reduced welding fume and spatter. This information...

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Golar releases its 2020 Environmental, Social and Governance report

Golar LNG Limited (“Golar” or “the Company”) is pleased to announce that it has issued its 2020 Environmental, Social and Governance report. This comprehensive report describes the Company’s important role in advancing the global energy transition to a lower carbon future – championing LNG as a transitional fuel in partnership with renewables, maintaining efficient and responsible operations, and supporting the development of carbon free fuels. The report, which details performance across key focus areas of Health, Safety & Security; Environmental Impact; Innovation & Transition; People & Communities; and Governance & Ethics, also describes our range of targets for 2030. Developed in consultation with internal and external stakeholders, our ambitions include:Sustain a lost-time injury frequency below 0.8 (per...

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