Day: June 16, 2021

CINCINNATI, June 16, 2021 (GLOBE NEWSWIRE) — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced today that it has filed a formal complaint with the United States Federal Court of Claims protesting the award of the United States Postal Service Next Generation Delivery Vehicle (“USPS NGDV”) contract to a competing finalist. As previously disclosed, on February 23, 2021 the USPS issued a press release announcing that it had made an award under the NGDV contract, the details of which can be found here. After being informed of the USPS decision, the Company requested, pursuant to the bid process rules, additional information from the USPS. On March 3, 2021...

Information regarding managers and related parties’ participation in Íslandsbanki’s IPO. See attached.  Contacts Investor Relations – Jóhann Ottó Wathne – ir@islandsbanki.is Public Relations – Björn Berg Gunnarsson – pr@islandsbanki.is Íslandsbanki press releases If you wish to receive Íslandsbanki press releases by e-mail please register at: https://www.islandsbanki.is/en/article/email_list_ir About Íslandsbanki With a history that dates from 1875, Íslandsbanki is an Icelandic universal bank with a strong customer focus. The Bank believes in moving Iceland forward by empowering its customers to succeed – reflecting a commitment to run a solid business that is a force for good in society. Driven by the ambition to be #1 for service, Íslandsbanki’s banking model is led by three business divisions...

Company Reaffirms Fiscal Year 2021 Guidance BRIDGEWATER, N.J., June 16, 2021 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader and innovator of cloud, messaging and digital products and platforms, today announced a CFO transition plan with current Chief Financial Officer (CFO) David Clark stepping down from his role on August 9, 2021, to pursue other personal and career interests. Clark’s transition is unrelated to the Company’s financial reporting and business performance, and the Company is reaffirming 2021 guidance previously provided on May 10, 2021, in parallel with today’s announcement. Clark was appointed CFO in August 2018. Commenting on Clark’s departure, Jeff Miller, President and CEO of Synchronoss, said: “I’ve enjoyed working alongside David and thank him for his commitment to the Company....

5,470 TEU containerships with best-in-class reefer capability to be employed on three-year charters with leading liner operator LONDON, June 16, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company” or “Global Ship Lease”) announced today that it has agreed to purchase four 5,470 TEU Panamax containerships with an average age of approximately 11 years for an aggregate purchase price of $148 million. On delivery, the ships will be chartered to a leading liner operator for a firm period of three years each, with a charterer’s option for a period of an additional three years. During the three-year firm period, the vessels are expected to generate aggregate Adjusted EBITDA of approximately $124.4 million, implying a strongly accretive average Purchase Price / Annual Adjusted EBITDA multiple of approximately 3.6x....

RUTLAND, Vt., June 16, 2021 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (“Casella”) (Nasdaq: CWST), a regional solid waste, recycling and resource management services company, announced today the appointment of Gary Sova to Casella’s Board of Directors (the “Board”) effective June 15, 2021. In addition, the Company announced the retirement of James F. Callahan, Jr. from its Board effective June 14, 2021, and the retirement of James E. O’Connor upon the completion of his term at the Company’s 2021 annual meeting of stockholders held June 2, 2021. Mr. Sova served as a Senior Executive at Republic Services, Inc., a leading provider of U.S. environmental services, from 2002 to 2019.   During his time at Republic Services, he served as Senior Vice President of the Energy Services Division, Senior Vice President of National Accounts,...

PALO ALTO, Calif., June 16, 2021 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) today announced the closing of its inaugural sustainability notes issuance, totaling $1 billion, which was part of a $2 billion overall debt offering. The sustainability notes are designed to empower investors to join HP in tackling important economic, social and sustainability issues. This offering follows a recent $5 billion, five-year revolving credit facility structured as the company’s inaugural sustainability-linked loan (SLL), which closed on May 26, 2021.   Under the SLL, HP’s targets are aligned with the goals of achieving net zero greenhouse gas (GHG) emissions across the HP value chain by 2040 and doubling the number of Black and African American executives inside the company by 2025. The pricing of the SLL will increase or decrease based on whether...

ALEXANDRIA, La., June 16, 2021 (GLOBE NEWSWIRE) — Jason Blalock has joined Red River Bank as vice president and private banking relationship manager in the Acadiana market. A native of Alexandria, Louisiana, he has several years of both community and national banking experience, most recently in Lafayette, Louisiana. Jason joins Ben Smith, Acadiana market president, at Red River Bank’s Lafayette loan and deposit production office. “We are excited about the addition of Jason to our team,” stated Ben. “Jason’s banking expertise and customer focus will continue to highlight Red River Bank as we move toward opening our full-service banking center in the Acadiana market in the coming months.” Jason stated, “Our focus on providing personalized customer service, combined with our ability to offer sophisticated banking tools and technology,...

CHICAGO, June 16, 2021 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social” or the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that Thomas Stanley, Chief Revenue Officer at Tanium, will be joining their board of directors, effective June 16, 2021. “Thomas has been an exceptional leader in the technology industry for more than two decades and we’re excited for him to bring his deep sales, go-to-market strategy and partnership experience to our board,” said Justyn Howard, CEO of Sprout Social. “As Sprout continues to accelerate our growth, his perspective and expertise will help us continue to capture the opportunity in front of us.” As the Chief Revenue Officer at Tanium, Stanley is responsible for Tanium’s overall revenue operations, go-to-market strategy,...