Day: June 14, 2021

David Graf Named Vice President and Group President of Carpenter Technology’s Specialty Alloys Operations (SAO) Business Segment

David Graf Named Vice President and Group President of Carpenter Technology’s Specialty Alloys Operations (SAO) Business Segment

PHILADELPHIA, June 14, 2021 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) today announced that Dr. David Graf has been appointed to lead Carpenter Technology’s Specialty Alloys Operations (SAO) business segment as Vice President and Group President – SAO, effective July 1, 2021. “David’s demonstrated leadership, strong business acumen and deep technical knowledge will play a pivotal role in ensuring SAO and Carpenter Technology continually deliver as the preferred solutions provider to our customers,” said Tony R. Thene, President and CEO. Since joining Carpenter Technology in 2018 as Chief Technology Officer (CTO), Dr. Graf has been instrumental in driving improvements in multiple disciplines. As CTO, Dr. Graf increased the focus of the Research & Development (R&D) organization on strategic alignment...

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Vanguard Announces Cash Distributions for the Vanguard ETFs (VGG, VGH, VDU, VEF and VEE)

Vanguard Announces Cash Distributions for the Vanguard ETFs (VGG, VGH, VDU, VEF and VEE)

TORONTO, June 14, 2021 (GLOBE NEWSWIRE) — Vanguard Investments Canada Inc. today announced the final June 2021 cash distributions for certain Vanguard ETFs, listed below, that trade on Toronto Stock Exchange (TSX). Unitholders of record on June 22, 2021 will receive cash distributions payable on June 29, 2021. Details of the “per unit” distribution amounts are as follows:   Vanguard ETF® TSX Ticker Symbol Distribution per Unit ($) CUSIP ISIN Payment Frequency Vanguard U.S. Dividend Appreciation Index ETF VGG 0.199386 92206F105 CA92206F1053 Quarterly Vanguard U.S. Dividend Appreciation Index ETF (CAD-hedged) VGH 0.163181 92206E108 CA92206E1088 Quarterly Vanguard FTSE Developed All Cap ex U.S. Index ETF VDU 0.204762 92206W108 CA92206W1086 Quarterly Vanguard FTSE Developed All Cap ex U.S. Index ETF (CAD-hedged) VEF 0.241382 92207G102 CA92207G1028 Quarterly Vanguard...

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First Horizon Declares Cash Dividend on Series F Preferred Stock

First Horizon Declares Cash Dividend on Series F Preferred Stock

MEMPHIS, Tenn., June 14, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN) today announced that its board of directors has authorized payment of a cash dividend of $1,312.08 per share on FHN’s 4.70% Non-Cumulative Perpetual Preferred Stock, Series F (“Series F Preferred Stock”) issued on May 3, 2021. This equates to a cash dividend of $0.328020 per Depositary Share (NYSE: FHN PRF), which each represent a 1/4,000th interest in a share of the Series F Preferred Stock. The dividend is payable on July 12, 2021 to shareholders of record at the close of business on June 30, 2021. About First Horizon First Horizon Corp. (NYSE: FHN), with $87.5 billion in assets as of March 31, 2021, is a leading regional financial services company, dedicated to strengthening the lives of our associates, clients, shareholders, and...

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Mueller Water Products Acquires i2O Water Ltd

Mueller Water Products Acquires i2O Water Ltd

Acquisition expands and accelerates pressure management solutions and analytics portfolio ATLANTA, June 14, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) today announced that it has acquired i2O Water Ltd (“i2O Water”), a provider of pressure management solutions for approximately $20 million in cash. i2O Water delivers intelligent water networks to more than 100 water companies in over 45 countries around the world to reduce water loss by providing solutions that enable clients to instrument, analyze and control water networks to reduce leakage, lower energy consumption and improve supply. Founded in 2005, i2O Water is headquartered in Southampton, UK, with operations in Malaysia and Colombia. i2O Water provides a range of market-leading intelligent water network solutions including Advanced Pressure Management,...

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First Commonwealth Bank Announces Entry into Equipment Finance Business

First Commonwealth Bank Announces Entry into Equipment Finance Business

INDIANA, Pa., June 14, 2021 (GLOBE NEWSWIRE) — First Commonwealth Bank announced today that they will enter the equipment leasing and finance business with the addition of Rob Boyer to its executive team as President of First Commonwealth Equipment Finance Group. Boyer brings a wealth of industry knowledge with 26 years in the equipment finance space as he starts, develops and leads the Bank’s entry into the small ticket equipment finance business. T. Michael Price, CEO of First Commonwealth, states that, “It is an honor to have someone with Rob’s experience on our team. As an icon in the industry, Rob brings vast experience in running an autonomous, multi-faceted equipment finance business seamlessly within a banking environment.”  In addition to Boyer’s robust knowledge of the business and vast network of industry contacts, he...

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Petrus Resources Announces Extension to Credit Agreements

Petrus Resources Announces Extension to Credit Agreements

CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) announces its syndicate of lenders has extended the borrowing base termination date on its senior revolving credit facility agreement from June 14, 2021 to June 30, 2021. Its second lien term loan provider has also extended the maturity date of the Company’s term loan from August 16, 2021 to August 31, 2021. The Company continues to be in discussions with the bank syndicate on a one-year extension to the credit facility, as well as with its term loan provider on an additional extension to the term loan. While discussions are ongoing, there is no certainty, nor can the Company provide any assurance that, any further extension to the credit facility or term loan will be completed. Petrus currently...

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Douglas Dynamics Finalizes New Term Loan A and Revolving Credit Facilities

Douglas Dynamics Finalizes New Term Loan A and Revolving Credit Facilities

MILWAUKEE, June 14, 2021 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced that it has refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. “We believe this refinancing transaction provides us with the right capital structure to successfully execute our future growth strategies for the foreseeable future. The new facilities reduce our overall debt profile, reinforce our robust financial position, and ensure we have the flexibility to invest in the business, and still pursue external growth opportunities in the years ahead,” explained Sarah Lauber, Chief Financial Officer. The proceeds...

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Revive To Present at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference

Revive To Present at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference

TORONTO, June 14, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (CSE: RVV, USA: RVVTF, Frankfurt: 31R), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, today announced that Derrick Welsh, COO of Psilocin Pharma Corp., a division of the Company, will be presenting at the H.C. Wainwright Psychedelics in Psychiatry and Beyond Virtual Conference on June 17, 2021. The corporate presentation will be available on-demand starting at 7:00 am ET. For more information about this event and to attend, visit: https://hcwevents.com/psychedelics/. For more information on Revive, visit http://www.revivethera.com/. About Revive Therapeutics Ltd. Revive is a life sciences company focused on the research and development of therapeutics for...

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Costamare Inc. Announces Acquisition of Dry Bulk Vessels

Costamare Inc. Announces Acquisition of Dry Bulk Vessels

MONACO, June 14, 2021 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company”) (NYSE: CMRE) announced today the acquisition of 16 dry bulk vessels of between 33,000 and 85,000 DWT, with an average age of 10 years.  The vessels are currently operating in the spot market.  Two of the ships have been delivered with the rest of the vessels expected to be delivered latest by January 2022. Gregory Zikos, Chief Financial Officer of the Company, said: “We are pleased to announce the acquisition of dry bulk vessels. We have decided to invest in a liquid sector with strong fundamentals that provide enhanced return opportunities for our shareholders. The ships will be managed through our existing platform headed and enriched by the dry bulk Onassis team, who will be joining Costamare in July. The acquisitions will initially be funded with cash on...

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Freehold Royalties Ltd. Declares Dividend for June 2021

Freehold Royalties Ltd. Declares Dividend for June 2021

CALGARY, Alberta, June 14, 2021 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.04 per common share to be paid on July 15, 2021 to shareholders of record on June 30, 2021. These dividends are designated as “eligible dividends” for Canadian income tax purposes. Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU. For further information, contact: Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst. 403.221.0833f. 403.221.0888tf. 1.888.257.1873e. mdonohue@rife.com w. www.freeholdroyalties.com

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