Day: June 8, 2021

Aclaris Announces Proposed Public Offering of Common Stock

Written by Customer Service on June 8, 2021. Posted in Public Companies.

WAYNE, Pa., June 08, 2021 (GLOBE NEWSWIRE) — Aclaris Therapeutics, Inc. (Nasdaq: ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced that it intends to offer and sell, subject to market conditions, $75 million in shares of its common stock in an underwritten public offering. All of the shares of common stock to be sold in the offering will be offered by Aclaris. Aclaris also intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the public offering on the same terms and conditions. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering. Jefferies...

ABM Industries Announces Results for Second Quarter Fiscal 2021

Written by Customer Service on June 8, 2021. Posted in Public Companies.

Strong Operating Income Growth Across All Business Segments GAAP Continuing EPS of $0.46 Inclusive of a $0.32 Reserve for an Ongoing Litigation; Adjusted Continuing EPS of $0.82 Revenue Growth in Key Verticals Offset Continued Soft Aviation Market First Half Cash Flow from Operations of $171 Million Maintains Full Year GAAP Income Guidance and Raises Full Year Adjusted Income Guidance NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2021. Scott Salmirs, President and Chief Executive Officer of ABM Industries, commented, “This was another quarter of significant operating progress for ABM, driven by excellent execution and improved business conditions. We continued to see high work order volumes for virus protection...

Worthington Industries Acquires Shiloh’s U.S. BlankLight® Business

Written by Customer Service on June 8, 2021. Posted in Public Companies.

COLUMBUS, Ohio, June 08, 2021 (GLOBE NEWSWIRE) — Worthington Industries, Inc. (NYSE:WOR) today announced the acquisition of certain assets of Shiloh Industries’ U.S. BlankLight® business, a leading provider of laser welded solutions that deliver material savings, weight and cost reductions and increased fuel efficiency to the mobility market. The acquisition expands the capacity and capabilities of Worthington’s laser welded products joint venture, TWB Company, LLC, with the addition of three facilities and adds a blanking facility to its Steel Processing business. “The demand for tailor welded blanks and lightweighting technology is growing and the acquisition of these Shiloh assets allows us to support that growth while adding new capabilities,” said Worthington Industries Executive Vice President and COO Geoff Gilmore. “Shiloh’s...

Oil-Dri Announces Third Quarter and First Nine-Months of Fiscal 2021

Written by Customer Service on June 8, 2021. Posted in Earnings Releases And Operating Results.

CHICAGO, June 08, 2021 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its third quarter and first nine-months of fiscal year 2021. Third Quarter Year to Date(in thousands, except per share amounts) Ended April 30 Ended April 30 2021 2020 Change 2021 2020 ChangeConsolidated Results Net Sales $76,255 $76,256 — % $226,852 $218,383 4 %Net Income Attributable to Oil-Dri $2,227 $4,648 (52) % $10,510 $13,014 (19) %Earnings per Common Diluted Share $0.32 $0.65 (51) % $1.49 $1.82 (18) %Business to Business Net Sales $26,293 $26,683 (1) % $80,098 $77,632 3 %Segment Operating Income $7,146 $8,198 (13) % $23,005 $24,046 (4) %Retail and Wholesale Net Sales $49,962 $49,573 1 % $146,754 $140,751 4 %Segment...

HRB Brands Announces Acquisition of Personal Care Brands from Helen of Troy

Written by Customer Service on June 8, 2021. Posted in Mergers And Acquisitions.

Iconic Brands Such as Brut®, Pert®, Sure®, Ammens®, Seabreeze® and Infusium® Added to Company’s Growing Portfolio NEW YORK, June 08, 2021 (GLOBE NEWSWIRE) — HRB Brands LLC (“HRB” or the “Company”), a portfolio company of Tengram Capital Partners (“Tengram”), announced today that it has acquired a portfolio of personal care brands from Helen of Troy Limited (Nasdaq: HELE). The acquired portfolio includes 12 iconic and well-known brands such as Brut, Pert, Sure, Ammens, Seabreeze and Infusium. “Today’s acquisition complements, leverages, and builds upon the Company’s robust portfolio of personal care brands. These well-known, iconic brands have strong consumer loyalty across distribution channels in North and South America,” commented Tengram’s Managing Partner and Chairman of HRB Brands, William Sweedler. “This strategic acquisition...

Mesa Air Group Reports May 2021 Operating Performance

Written by Customer Service on June 8, 2021. Posted in Earnings Releases And Operating Results.

PHOENIX, June 08, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for May 2021. Mesa Airlines reported 28,264 block hours in May 2021, a 134.0 percent increase from May 2020 as a result of increased flying due to industry recovery from the COVID-19 pandemic. The company also reported a controllable completion factor of 99.84 percent and 100 percent for its American and United operations, respectively. Operating statistics for May 2021 and fiscal year 2021 YTD are included in the table below. May-21 May-20 % Change YTD FY2021 YTD FY2020 % ChangeBlock Hours American 11,741 5,566 110.9% 85,939 108,199 -20.6% United 16,300 6,511 150.3% 110,945 138,042 -19.6% DHL 223 n/a N/A 1,452 n/a N/ATotal 28,264 12,077 134.0% 198,336 246,241 -19.5% May-21 May-20 %...

Calavo Growers, Inc. Announces Second Quarter 2021 Financial Results

Written by Customer Service on June 8, 2021. Posted in Earnings Releases And Operating Results.

SANTA PAULA, Calif., June 08, 2021 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and provider of value-added fresh food, today reported its financial results for the second quarter ended April 30, 2021. Second Quarter HighlightsTotal revenue of $276.8 million, at the high end of guidance and indicating a return to pre-pandemic results. Fresh segment revenue decreased 5%, due primarily to 9% growth in avocado volume, offset by a 10% decrease in avocado prices and 31% lower tomato revenue. Renaissance Food Group (“RFG”) and Foods segments revenues increased 3% and 16% year-over-year, respectively. Gross profit of $22.6 million, or 8.2% of revenue, compared to $22.1 million, or 7.9% of revenue, for the comparable period last year. The increase in gross profit margin percentage was attributable...

Troilus Intersects 1.51 g/t AuEq Over 19m, Incl. 2.28 g/t AuEq Over 8 Metres in J Zone; Expands Strike Length of New Parallel Zone by 250% from 200m to 700m

Written by Customer Service on June 8, 2021. Posted in Earnings Releases And Operating Results.

Figure 1Plan View Map of J Zone with Location of New Drill ResultsFigure 2Section N14575; View of drill hole TLG-ZJ21-232TORONTO, June 08, 2021 (GLOBE NEWSWIRE) — Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF) (“Troilus” or the “Company”) reports additional results from its ongoing exploration and infill drill program on its 100%-owned Troilus Gold Project (“Troilus” or the “Project”), which hosts one of the largest undeveloped gold and copper deposits in Quebec, Canada. New results from the J Zone have expanded the footprint of the new western extension initially identified earlier this month (see press release dated May 12, 2021) from 200 metres to 700 metres in strike length while also confirming down dip mineralization of the main ore body by up to 100 metres with above average grades and thicknesses. Highlights...

Valeo Pharma Announces $10.0 Million Bought-Deal Public Offering of Units

Written by Customer Service on June 8, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES MONTREAL, June 08, 2021 (GLOBE NEWSWIRE) — Valeo Pharma Inc. (CSE: VPH) (OTCQB: VPHIF) (FSE: VP2) (“Valeo” or the “Company“), a Canadian pharmaceutical company, is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner (the “Lead Underwriter”), on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters has agreed to purchase, on a bought-deal basis, 10,000,000 units of the Company (the “Units”) at a price of $1.00 per Unit for gross proceeds to the Company of $10,000,000 (the “Offering“). Each Unit shall be comprised of one common share of the Company (a “Common Share“)...

GlobalTranz Acquires TAKTIK Logistics Group, Inc.

Written by Customer Service on June 8, 2021. Posted in Mergers And Acquisitions.

PHOENIX, June 08, 2021 (GLOBE NEWSWIRE) — GlobalTranz Enterprises, LLC, a leading third-party logistics solutions provider offering award-winning technology, people-powered customer service, and extensive multimodal carrier relationships, today announced that it acquired TAKTIK Logistics Group, Inc., a Pleasanton California-based freight brokerage and logistics company. The acquisition further solidifies GlobalTranz’s position as a top freight brokerage firm and validates the continued strength of the freight agent business model. TAKTIK is a service-driven logistics solutions company that leverages technology to create successful shipping solutions for its customers. The company has been a GlobalTranz agent since 2014, and the acquisition brings further freight management expertise and best practices that can be leveraged across...

Day: June 8, 2021

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