Day: June 21, 2021

NETANYA, Israel, June 21, 2021 (GLOBE NEWSWIRE) — RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force, and BeyondMinds, a leading global provider of artificial intelligence (AI) solutions, have executed a Letter of Intent to establish strategic teaming to develop and productize advanced AI and deep learning (DL) solutions for RADA’s tactical radars. RADA has defined AI as a core capability, and has recently assembled a core group, which along with BeyondMinds’ cutting-edge AI models and unique solutions, is expected to maintain and enhance RADA’s leadership in the market of tactical radars for the maneuver force. Solutions will focus on increased accuracy, advanced target classification and dynamic adaptation of radar performance...

HARRISBURG, Pa., June 21, 2021 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (Nasdaq: OLLI) announced today that the Company will now be participating in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on Wednesday, June 23, 2021, at 2:40 PM ET. Attending for Ollie’s will be John Swygert, President and Chief Executive Officer, and Jay Stasz, Senior Vice President and Chief Financial Officer. The audio portion of the fireside chat will be webcast live over the internet and can be accessed by logging on to the Investor Relations section on the Company’s website at http://investors.ollies.us/. An online archive will be available for a period of 90 days following the presentation. About Ollie’sWe are a highly differentiated and fast growing, extreme value retailer of brand name merchandise at drastically...

Goal includes 50 percent reduction in emissions by 2030 HAMPTON, N.H., June 21, 2021 (GLOBE NEWSWIRE) — Unitil Corporation (the “Company”) (NYSE: UTL) (unitil.com) today announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050. These goals are part of the Company’s overall commitment to environmental stewardship, sustainability and corporate responsibility, and are consistent with the goals established under the Paris Climate Agreement. With these ambitious goals established for 2030 and 2050, the Company will reduce greenhouse gas emissions from its buildings, vehicles and pipelines, while continuing to provide safe and reliable service for its customers. In addition, Unitil will continue to work with customers, policymakers...

EMERYVILLE, Calif., June 21, 2021 (GLOBE NEWSWIRE) — XOMA Corporation (Nasdaq: XOMA) (“XOMA” or the “Company”) today announced its Board of Directors has authorized the following cash dividends to holders of XOMA’s Series A and Series B Cumulative Preferred Stock: Holders of the 8.625% Series A Cumulative Perpetual Preferred Stock (Nasdaq: XOMAP) shall receive a cash dividend equal to $0.539 per share. Holders of depositary shares, each representing 1/1000 of XOMA’s 8.375% Series B Cumulative Perpetual Preferred Stock (Nasdaq: XOMAO), shall receive a cash dividend equal to $0.55833 per depositary share. The preferred dividends will be paid on or about July 15, 2021, to respective holders of record at the close of business on July 2, 2021. About XOMA CorporationXOMA is a biotechnology royalty aggregator playing a unique role in...

Pandemic Converts More Consumers to Online Shoppers Shoppers Say They Plan to Spend More This Year During Amazon Prime Day WASHINGTON, June 21, 2021 (GLOBE NEWSWIRE) — With an improving economic outlook and accelerating growth of online shopping since the start of the COVID-19 pandemic, the Retail & Consumer Products practice at FTI Consulting, Inc. (NYSE: FCN) projects U.S. online retail sales will reach $865 billion in 2021, with nearly two-thirds of Amazon Prime Day shoppers surveyed saying they intend to spend more during this year’s event than they did in 2020. The projected 2021 online retail sales total is a 13.5% increase over 2020, according to FTI Consulting’s 2021 U.S. Online Retail Forecast, a strong follow-up to last year’s pandemic-fueled 32% increase. The online channel’s share of U.S. retail sales (excluding...

TORONTO, June 21, 2021 (GLOBE NEWSWIRE) — Churchill Resources Inc. (formerly 9 Capital Corp.) (“Churchill“) is pleased to announce that its common shares will commence trading at market open today on the TSX Venture Exchange (the “TSXV“) under the ticker symbol “CRI”. Paul Sobie, President and Chief Executive Officer of Churchill remarked, “We’re very pleased for our shareholders and stakeholders to have Churchill now listed on the TSXV, and look forward to working with our partners, local communities and First Nations going forward. We will be active on our now expanded Taylor Brook Ni-Cu-Co Project this summer and fall and anticipate generating fresh results to augment the known shallow high-grade nickel sulphide mineralization laterally and to greater depths.” The listing of the common shares of Churchill...

NEWMARKET, Ontario, June 21, 2021 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS, OTCQX:ABSSF) (the “Company” or “AirBoss”) is pleased to announce that its common shares (the “Shares”) are now qualified for trading under the ticker symbol ABSSF on the OTCQX® Best Market (the “OTCQX”), a United States trading platform that is operated by the OTC Markets Group Inc. in New York. “Our decision to cross-trade in the U.S. is part of our strategy to expand our international shareholder base, increase trading liquidity and facilitate greater access and trading capability in our Shares for both institutional and retail investors,” stated Gren Schoch, Chairman and CEO of AirBoss. “It is also in response to increased interest from U.S. and international investors in AirBoss...

CENTREVILLE, Va., June 21, 2021 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company has been selected by the Los Angeles County Metropolitan Transportation Authority (LA Metro) to provide full engineering services in preparing environmental reporting and concept of operations for 17 miles of express lanes on Interstate 10 (I-10). The $23.5 million contract builds on Parsons’ successful relationship with LA Metro while helping improve transportation in the Los Angeles region. “Parsons has deep roots in California, and we are proud to leverage our local presence and experience to expand express lane access between Los Angeles and San Bernardino counties,” said Mark Fialkowski, executive vice president, mobility solutions market for Parsons. The 17-mile express lane segment project will connect two...

COLUMBUS, Ohio, June 21, 2021 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE: LB) today announced the public filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission in connection with the previously announced separation of the Victoria’s Secret business into an independent, public company. The new company, named Victoria’s Secret & Co., will include Victoria’s Secret Lingerie, PINK and Victoria’s Secret Beauty. The filing provides detailed information on Victoria’s Secret’s business, strategy and historical financial results. “Today’s filing is an important step toward creating two independent, public companies designed to thrive in an evolving retail environment,” said Andrew Meslow, Chief Executive Officer of L Brands. “We believe Victoria’s Secret and Bath & Body Works will achieve new...

TORONTO, June 21, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”) is announcing that Stability Healthcare Inc. (“Stability”) has completed a buyout of Flow Capital’s royalty investment for US$3.35M. “The team at Stability has developed an industry leading nurse staffing and placement platform, that has allowed them to grow at several hundred percent per year, significantly outpacing their competitors. We are thrilled to have been a financial partner and enabler of their growth. We expect they will continue to disrupt their industry and we wish them well in the future,” said Alex Baluta, CEO of Flow Capital. About Flow Capital Flow Capital Corp. is a diversified alternative asset investor and advisor, specializing in providing minimally dilutive capital to high-growth businesses. To apply for financing,...