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Day: July 26, 2021

Phillips Edison & Company to Issue Second Quarter 2021 Earnings Release and Host Results Presentation

CINCINNATI, July 26, 2021 (GLOBE NEWSWIRE) — Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO”), one of the nation’s largest owners and operators of grocery-anchored shopping centers, plans to issue its second quarter earnings release after market close on Thursday, August 5, 2021. PECO plans to host a conference call and webcast on Friday, August 6, 2021 at 9:00 a.m. Eastern Time to discuss its results. Chairman and Chief Executive Officer Jeff Edison, President Devin Murphy, and Chief Financial Officer John Caulfield will host the results presentation. Results Presentation Details: Date: Friday, August 6, 2021Time: 9:00 a.m. Eastern TimeToll-Free Dial-In Number: (844) 691-1115International Dial-In Number: (929) 517-0921Conference ID: 6167623Webcast link: https://edge.media-server.com/mmc/p/rk8h4e8g A webcast replay...

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Green Plains Announces Changes to its Board of Directors

OMAHA, Neb., July 26, 2021 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced changes to its board of directors as part of a board refreshment and diversity initiative which includes reducing the size of its board and a focus on increasing diversity. James Crowley announced his retirement from the board on July 23, 2021. On July 26, 2021, Tom Manuel announced his retirement from the board, and Gordon Glade announced his resignation from the board. In conjunction with these changes, the board of directors appointed Martin Salinas, Jr. to the board and elected him to serve as its audit committee chair. Mr. Salinas concurrently resigned from the board of directors of Green Plains Holdings LLC. “I want to thank each of our departing board members for working tirelessly in advancing the company’s goals and for their...

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Park National Corporation reports financial results for second quarter and first half of 2021

NEWARK, Ohio, July 26, 2021 (GLOBE NEWSWIRE) — Park National Corporation (Park) (NYSE American: PRK) today reported financial results for the second quarter and first half of 2021 (three and six months ended June 30, 2021). Park’s board of directors declared a quarterly cash dividend of $1.03 per common share, payable on September 10, 2021 to common shareholders of record as of August 20, 2021. Park’s net income for the second quarter of 2021 was $39.1 million, a 32.6 percent increase from $29.5 million for the second quarter of 2020. Second quarter 2021 net income per diluted common share was $2.38, compared to $1.80 in the second quarter of 2020. Park’s net income for the first half of 2021 was $82.0 million, a 58.0 percent increase from $51.9 million for the first half of 2020. Net income per diluted common share...

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Brandywine Realty Trust Announces Second Quarter Results And Narrows 2021 Guidance

PHILADELPHIA, July 26, 2021 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and six-month periods ended June 30, 2021. Management Comments “We are excited to see an increasing number of our tenants returning to the workplace. As physical building occupancy increases, we will continue to prioritize the safety of our employees, tenants and stakeholders,” stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust. “We are making excellent progress on our 2021 business plan. We have narrowed our speculative revenue guidance range while increasing the midpoint by $0.5 million and we are now 98% complete at the revised midpoint. During the quarter, we continued to experience positive mark-to-market rents increasing 22% and 14% on an...

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NBT Bancorp Inc. Announces Second Quarter Net Income of $40.3 Million ($0.92 Per Diluted Common Share); Approves a 3.7% Dividend Increase

NORWICH, N.Y., July 26, 2021 (GLOBE NEWSWIRE) — NBT Bancorp Inc. (“NBT” or the “Company”) (NASDAQ: NBTB) reported net income and diluted earnings per share for the three and six months ended June 30, 2021. Net income for the three months ended June 30, 2021 was $40.3 million, or $0.92 per diluted common share. Net income increased $15.6 million from the second quarter of 2020 primarily due to the estimated impact of the COVID-19 pandemic on expected credit losses in 2020, which resulted in a second quarter 2020 provision for loan losses of $18.8 million. Net income increased $0.5 million from the previous quarter primarily due to lower provision for loan losses and higher noninterest income, partly offset by higher noninterest expense. Pre-provision net revenue (“PPNR”)1 for the second quarter of 2021 was $49.0 million compared...

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thredUP Announces Launch of Public Offering

OAKLAND, Calif., July 26, 2021 (GLOBE NEWSWIRE) — ThredUp Inc. (Nasdaq: TDUP) (“thredUP”), one of the largest online resale platforms for women’s and kids’ apparel, shoes and accessories, announced today the launch of the public offering of 6,424,369 shares of its Class A common stock, consisting of 2,000,000 shares to be issued and sold by thredUP and 4,424,369 shares to be sold by existing stockholders of thredUP. The selling stockholders are expected to grant the underwriters a 30-day option to purchase up to 963,655 additional shares of Class A common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering. thredUP intends to use the net proceeds from the sale of its shares in the offering for working...

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Leslie’s, Inc. to Report Third Quarter of Fiscal 2021 Financial Results on August 4, 2021

PHOENIX, July 26, 2021 (GLOBE NEWSWIRE) — Leslie’s, Inc. (“Leslie’s” or “Company”; NASDAQ:LESL), the largest and most trusted direct-to-consumer brand in the U.S. pool and spa care industry, today announced that its financial results for the third quarter of fiscal 2021 will be released after market close on Wednesday, August 4, 2021. The Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 855-327-6837 (international callers please dial 1-631-891-4304) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available online at https://ir.lesliespool.com/. A recorded replay of the conference call will be available within approximately...

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Palomar Holdings, Inc. Elects Daina Middleton to its Board of Directors

LA JOLLA, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) announced today that Daina Middleton has been elected to the Company’s Board of Directors on July 22, 2021. Ms. Middleton is the Chief Executive Officer of Britelite Immersive, an experiential creative technology company that builds immersive and interactive client experiences to develop transformative engagements with their customers and employees. Previously, she served as the CEO of Ansira, an independent marketing technology and services company focused on customer relationship development. She also held top-level management positions with Twitter, Performics, which is a global performance marketing solutions firm, and Hewlett-Packard where her tenure there included managing revenue marketing where she led the...

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Biogen and Eisai Announce ADUHELM™ (aducanumab-avwa) Data Presentations at Alzheimer’s Association International Conference 2021

Item-level analysis from EMERGE trial shows consistency in slowing decline across cognitive, functional and behavioral measures in early Alzheimer’s diseasePresentations include an assessment of the correlation between reductions in amyloid beta and other biomarkers of Alzheimer’s disease and clinical decline after treatment with ADUHELMPresentation on ARIA data from Phase 3 trials provides insights for effective monitoring and management in real-world clinical practiceCAMBRIDGE, Mass., July 26, 2021 (GLOBE NEWSWIRE) — Biogen (Nasdaq: BIIB) and Eisai Co., Ltd. (Tokyo, Japan) today announced that Biogen, as part of its Alzheimer’s disease (AD) research portfolio, will contribute four virtual posters that showcase data from its clinical trials with ADUHELM™ (aducanumab-avwa) injection 100 mg/mL solution at the Alzheimer’s...

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Grindrod Shipping Holdings Ltd. Announces Agreement to Acquire Remainder of IVS Bulk Joint Venture Increasing Ownership to 100%

SINGAPORE, July 26, 2021 (GLOBE NEWSWIRE) — Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “it” or “we”), a global provider of maritime transportation services predominantly in the drybulk sector, announced a number of transactions relating to the acquisition of the remaining 31.14% equity stake in its IVS Bulk joint venture (“IVS Bulk” or “JV”). A subsidiary of the Company, Grindrod Shipping Pte. Ltd., or (“GSPL”), has agreed to acquire the remaining shares in IVS Bulk held by an affiliate of Bain Capital Credit (“Bain”) for a total purchase consideration of $46.3 million comprising of $37.2 million for the ordinary equity shares and $9.1 million for the preference shares contemplated below.   The purchase price is based on appraised values as of May 13, 2021 and reflects...

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