Day: July 16, 2021

Meritage Reports Second Quarter 2021 Results; Strong Sales And Earnings Growth

Written by Customer Service on July 16, 2021. Posted in Earnings Releases And Operating Results.

GRAND RAPIDS, Mich., July 16, 2021 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended July 4, 2021. Second Quarter HighlightsSales increased 21% to $147.3 million compared to $121.7 million for the same period last year. Earnings from Operations were $8.5 million compared to $10.7 million for the same period last year. The prior year contains one-time prime cost benefits associated with the COVID pandemic operating environment. Net Earnings increased 31.9% to $8.0 million compared to $6.1 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) increased 5.8% to $16.9 million compared to $15.9 million for the same period last year.“Our earnings growth was driven by strong same restaurant...

Diana Shipping Inc. Announces the Acquisition of a Kamsarmax Dry Bulk Vessel

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

ATHENS, Greece, July 16, 2021 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from unaffiliated third parties the m/v Magnolia, a 2011 built Kamsarmax dry bulk vessel of 82,165 dwt, for a purchase price of US$22.0 million. The Company anticipates to take delivery of the vessel by the end of February 2022. Excluding the newly acquired vessel and upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Naias, Diana Shipping Inc.’s fleet will consist of 36 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 10 Panamax). As of today, the combined carrying capacity...

Demulsifier Market to Reach USD 2,949.4 Million by 2028; Increasing Demand for Crude Oil Worldwide to Accelerate Growth, reports Fortune Business Insights™

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

Top companies covered in the demulsifier market are Baker Hughes Incorporated, Croda International, Ecolab Inc., Clariant, Schlumberger Limited, BASF SE, Nova Star LP, Nouryon, SI Group, Innospec Inc, and many players profiled in the research report Pune, India, July 16, 2021 (GLOBE NEWSWIRE) — The global demulsifier market is set to gain impetus from the rising research and development activities to create environment friendly, biodegradable, and green demulsifiers. These are mainly developed by using vegetable oils and plant extracts. This information is given by Fortune Business Insights™in a report, titled, “Demulsifier Market,2021-2028.” As per this report, the market size was USD 2,150.0 million in 2020. It is projected to grow from USD 2,236.4 million in 2021 to USD 2,949.4 million in 2028 at a CAGR of 4.0% during the forecast...

Ostara Completes Purchase of St. Louis Granulation Facility from Bruce Oakley Inc.

Written by Customer Service on July 16, 2021. Posted in Mergers And Acquisitions.

Ostara Nutrient Recovery Technologies Inc. LogoOstara Nutrient Recovery Technologies Inc. – Bruce Oakley, Inc. LogoVANCOUVER, BC, RIVERVIEW, FL and LITTLE ROCK, AR, July 16, 2021 (GLOBE NEWSWIRE) — Ostara Nutrient Recovery Technologies Inc. (“Ostara”) and Bruce Oakley, Inc. (“Oakley”) announced today the completion of the previously announced purchase (the “Acquisition”) by Ostara of Oakley’s fertilizer granulation facility and certain related assets (the “Facility”) located on the Mississippi River at Oakley’s St. Louis, Missouri warehousing and logistics terminal (the “Terminal”). The Acquisition and recently announced financing completed by Ostara further accelerates the scale up Ostara’s production capacity of its Crystal Green® brand of sustainable, phosphorus-based, slow-release fertilizer...

Royalty Pharma Declares Third-Quarter 2021 Dividend

Written by Customer Service on July 16, 2021. Posted in Dividend Reports And Estimates.

NEW YORK, July 16, 2021 (GLOBE NEWSWIRE) — The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2021 of $0.17 per class A ordinary share. The dividend will be paid on September 15, 2021, to shareholders of record at the close of business on August 20, 2021. About Royalty Pharma plc Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and not-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the...

Simply Better Brands Corp. Announces 2021 Shareholder Meeting Results

Written by Customer Service on July 16, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, July 16, 2021 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (“SBBC” or the “Company”) (TSX Venture: SBBC) is pleased to announce that at the annual general and special meeting held via live audio webcast on July 15, 2021 (the “Meeting”), holders of common shares of SBBC: (i) elected Jeff Yauck, Brian Meadows, Paul Norman and Michael Galloro‎ ‎ to the Board of Directors; (ii) re-appointed Marcum LLP as SBBC’s auditors; and (iii) approved the equity incentive plan of the Company. Further disclosure on the matters approved at the Meeting can be found in the Management Information Circular dated June 1, 2021 available on SEDAR. Shares for Services In addition, the Company announces it entered into an advisory agreement (the “Agreement”) with BLIC Holdings LLC (the “Advisor”) dated February 18, 2021, an...

Diana Shipping Inc. Commences Self Tender Offer to Purchase Up to 3,333,333 Shares

Written by Customer Service on July 16, 2021. Posted in Public Companies.

ATHENS, Greece, July 16, 2021 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the commencement of a tender offer to purchase up to 3,333,333 shares, or about 3.6%, of its outstanding common stock using funds available from cash and cash equivalents on hand at a price of $4.50 per share. The tender offer will expire at the end of the day, 5:00 P.M., Eastern Time, on August 16, 2021, unless extended or withdrawn. The Board of Directors determined that it is in the Company’s best interest to repurchase shares at this time given Diana Shipping’s cash position and stock price. The tender offer is not conditioned upon any minimum number of shares being tendered; however, the tender offer is subject to a number of other terms...

Brookfield Asset Management 2021 Second Quarter Results Conference Call and Webcast

Written by Customer Service on July 16, 2021. Posted in Public Companies.

Date: Thursday, August 12, 2021Time: 11:00 a.m. (Eastern Time) BROOKFIELD, NEWS, July 16, 2021 (GLOBE NEWSWIRE) — You are invited to participate in Brookfield Asset Management’s 2021 Second Quarter Conference Call & Webcast on Thursday, August 12, 2021 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. These results will be released on August 12th before 7:00 a.m. (Eastern Time) and will be available following the release on our website at www.brookfield.com “News – Press Releases.” The Conference Call will also be Webcast live on our website, where it will be archived for future reference. To participate in the Conference Call, please dial 1-866-688-9425 toll free in North America, or for overseas calls please dial 1-409-216-0815 (Conference ID: 5186345)...

ISW Holdings Inc. (ISWH), Bit5ive JV Timing Ideal as North America Crypto-Mining Market Expected to Explode

Written by Customer Service on July 16, 2021. Posted in Public Companies.

NEW YORK, July 16, 2021 (GLOBE NEWSWIRE) — NetworkNewsAudio – ISW Holdings Inc. (OTC: ISWH) announces the availability of a broadcast titled, “North America to Become Crypto-Mining Central Now That China Miners Have Gone Dark.” To hear the AudioPressRelease, please visit: The NetworkNewsAudio News Podcast To view the full editorial, please visit: https://nnw.fm/AQaXE Lower hashrate, effectively less competition, equates to higher revenue and profits for miners. Ultimately, the hashrate will continue to eke back upward as, much like the digital ledger tracking Bitcoin transactions, the marketplace becomes more decentralized. Estimates are that Beijing’s crackdown will slash the country’s mining capacity by 90% with North America expected to become the dominant crypto mining market. ISW Holdings Inc. (OTC: ISWH) is a diversified...

Link Reservations Inc./LinkResPet (LRSV) to start accepting Bitcoin/Crypto payments

Written by Customer Service on July 16, 2021. Posted in Public Companies.

London, United Kingdom, July 16, 2021 (GLOBE NEWSWIRE) — Link Reservations Inc. (OTC Pink: LRSV) (the “Company”), a provider of medicinal mushroom and cannabidiol (CBD) wellness products for both humans and pets, announces it has opened a Coinbase account and will be able to accept bitcoin/crypto payments for purchases in the near future. Coinbase is a cryptocurrency exchange platform. In the US, more than 21.2 million adults, or about 14% of the U.S population, own cryptocurrency, according to a Gemini Crypto Report. Additionally, 13% of those polled shared intentions to purchase digital assets within the next 12 months – essentially doubling in a year. Rene Lauritsen, CEO at Link Reservations Inc, commented: “As cryptocurrencies have become somewhat widespread, and continue to gain interest from consumers in the US and around...

Day: July 16, 2021

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