Day: July 26, 2021

Proactive news headlines including Dalrada, Mason Graphite, Empress Royalty and Xigem Technologies

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

New York, July 26, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies:Canada Silver Cobalt Works Inc discovers more high-grade silver at its Castle East project in Ontario click here Vicinity Motors targets massive US market after conquering Canada with its mid-size buses click here BioLargo Inc praises US Government’s PFAS action plan; enters deal to treat contaminated water in Southern California click here Marble Financial executes definitive $10M credit facility agreement with Cypress Hills Partners to fund Fast-Track loan product click here Dalrada subsidiary Dalrada Precision enters eco-friendly cleaning and degreaser market with Ignite Industrial Technologies click here Mason Graphite Inc acquires graphene...

Hybrid Switchgear Market worth USD 37.53 billion by 2027, registering a CAGR of 16.89% CAGR – Report by Market Research Future (MRFR)

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

New York, July 26, 2021 (GLOBE NEWSWIRE) — Hybrid Switchgear Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Hybrid Switchgear Market Research Report, Type, Application, Voltage, Standard and Region – Forecast till 2027” the market size is projected to be worth USD 37.53 billion by 2027, registering a CAGR of 16.89% CAGR during the forecast period (2021 – 2027). Several Factors Contributing to Market Growth The rising involvement of the private sector in transmission and distribution, resulting in infrastructure development in developing economies such as China, Australia, Thailand, and India, is one of the primary reasons driving the hybrid switchgear market growth. Furthermore, prominent businesses like ABB and GE are actively partnering with governments in Asia’s...

Huntington Ingalls Industries to Brief Media at Sea Air Space on Aug. 2

Written by Customer Service on July 26, 2021. Posted in Public Companies.

NEWPORT NEWS, Va., July 26, 2021 (GLOBE NEWSWIRE) —What: Media Briefing When: Aug. 2, 2021 at 11:00 a.m. Eastern time. Where: Gaylord National Resort & Convention Center, National Harbor, MarylandNational Harbor Conference Room #2 The briefing can also be heard via conference line (888) 659-7412; code: 9889125404# RSVP: Beci Brenton, (202) 264-7143 or Beci.Brenton@hii-co.com Huntington Ingalls Industries (NYSE: HII) invites media to attend a briefing during Sea Air Space 2021. Company leaders discuss how HII has positioned itself to be the solutions provider for our nation’s most challenging national security issues. Leaders briefing include: Chris Kastner, HII executive vice president and chief operating officer Jennifer Boykin, HII executive vice president and president,...

Brookfield Asset Management Completes Privatization of Brookfield Property Partners

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

All dollar references are in U.S. dollars, unless noted otherwise1 BROOKFIELD NEWS, July 26, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) and Brookfield Property Partners L.P. (“BPY”) (Nasdaq: BPY; TSX: BPY.UN) today announced that BAM has completed its previously announced acquisition of all of the limited partnership units of BPY and the exchangeable limited partnership units of Brookfield Office Properties Exchange LP. Pursuant to the terms of the transaction and subject to pro-ration, unitholders were able to elect to receive, per unit, $18.17 in cash, 0.4006 of a BAM class A limited voting share (“BAM shares”), or 0.7268 of a BPY preferred unit with a liquidation preference of $25.00 per unit (“BPY preferred units”). The BPY preferred units (Nasdaq: BPYPM; TSX: BPYP.PR.A) are expected...

Ultrack Unveils Plans To Achieve Strategic Expansion Within European Fleet Markets Through Teltonika Product Line

Written by Customer Service on July 26, 2021. Posted in Public Companies.

Concord, Ontario, July 26, 2021 (GLOBE NEWSWIRE) — Ultrack Systems Inc. (OTC Pink: MJLB), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that the Company is making strides to expand Ultrack’s product line within key European fleet markets with Teltonika hardware (https://teltonika-networks.com). Ultrack CEO Marsbergen commented: “We are in the process of adding the complete Teltonika line of products to our fleet tracking platform which opens up a huge market in Europe. Speaking of Europe they are in the process of finalizing their Tachograph mandate for their trucking market. We look forward to adapting our DrivelineELD to that market once our North American certification is in place. “Tachograph” is very similar to the ELD mandate in keeping a record of driver...

Christian Dior delivers record first half performance

Written by Customer Service on July 26, 2021. Posted in Public Companies.

Christian Dior delivers record first half performance Paris, July 26, 2021 The Christian Dior group recorded revenue of 28.7 billion euros in the first half of 2021, up 56% compared to the same period in 2020. Organic revenue growth was 53% compared to 2020 and 11% compared to 2019. This performance reflects accelerated growth in the second quarter of 2021, which saw organic revenue increase by 14% compared to 8% in the first quarter. The first half of this year marks a return to strong growth momentum after a severely disrupted year in 2020 resulting from the global pandemic. The largest business group, Fashion & Leather Goods, achieved record levels of revenue with organic growth of 81% compared to 2020, and 38% compared to 2019. The United States and Asia are up sharply since the start of the year while Europe is experiencing...

UPDATE — BayFirst Financial Corp. Reports Record Earnings of $13.02 Million, or $2.98 Per Diluted Share, in 2Q21; Results Highlighted by Strong Loan Growth

Written by Customer Service on July 26, 2021. Posted in Public Companies.

ST. PETERSBURG, Fla., July 26, 2021 (GLOBE NEWSWIRE) — BayFirst Financial Corp. (f/k/a First Home Bancorp, Inc.) (OTCQX: FHBI) (“BayFirst” or the “Company”), parent company of First Home Bank (“First Home” or the “Bank”) reported record earnings for the second quarter of 2021, driven by higher net interest income from both the recognition of $14.73 million of Paycheck Protection Program (“PPP”) origination fees earned on PPP loans sold during the quarter, as well as higher interest income from non-PPP loans, and strong noninterest income led by residential loan fees. BayFirst reported net income for the second quarter of 2021 of $13.02 million, or $2.98 per diluted common share, compared to net income of $7.51 million, or $1.85 per diluted common share, in the first quarter of 2021, and $2.35 million, or $0.63 per diluted common...

Fitch affirms Ohio National’s ratings

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

Fitch views Ohio National as well positioned in its primary markets of life, disability and fixed annuities Fitch affirms stable outlook, reflecting Ohio National’s strong risk-adjusted capitalization Fitch expects that the Constellation transaction announced in March 2021 will positively impact capital on a long-term basis CINCINNATI, July 26, 2021 (GLOBE NEWSWIRE) — Ohio National Financial Services announced that Fitch Ratings has affirmed ratings for the financial strength of The Ohio National Life Insurance Company and Ohio National Life Assurance Corporation at ‘A-’ with stable outlook. The ‘A-’ rating is Fitch’s seventh-highest rating on a 21-part scale. According to Fitch, insurers rated with ‘a’ category have high credit quality and are subject to low credit default risk. In its statement, Fitch acknowledges the affirmation...

Hybrid EV Battery Market worth USD 28.68 billion by 2027, registering a CAGR of 24.41% CAGR – Report by Market Research Future (MRFR)

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

New York, July 26, 2021 (GLOBE NEWSWIRE) — Hybrid EV Battery Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Hybrid EV Battery Market Research Report, Type, Application and Region – Forecast till 2027” the market size is projected to be worth USD 28.68 billion by 2027, registering a CAGR of 24.41% CAGR during the forecast period (2021 – 2027), The market was valued at USD 8.15 billion in 2020. High Fuel Costs and Environmental Concerns The increasing high fuel costs and environmental issues, as well as a growth in demand for plug-in hybrid EVs, are boosting demand for hybrid EV batteries. The increasing fuel costs and environmental issues among governments and consumers are heavily influencing the growth in demand and consumption of hybrid EV batteries, resulting in strict...

First Northwest Bancorp Completes Purchase of Bellevue Branch

Written by Customer Service on July 26, 2021. Posted in Mergers And Acquisitions.

PORT ANGELES, Wash., July 26, 2021 (GLOBE NEWSWIRE) — First Northwest Bancorp (NASDAQ: FNWB) (the “Company”), the holding company for First Federal Savings and Loan Association of Port Angeles (“First Fed”), has completed the acquisition of a Bellevue, Washington branch from Sterling Bank and Trust of Southfield, Michigan (“SBT”). “We are excited to welcome our new customers and Bellevue team members to First Fed, recently recognized by Forbes as a top bank in our state,” said Matt Deines, President and CEO of First Fed. “Our team looks forward to serving King County by building the same strong relationships that have defined our history as a community bank.” Last month First Fed was named a Forbes 2021 Best-in-State Bank, one of three in Washington state. Currently First Fed has 14 locations offering services in Clallam, Jefferson,...

Day: July 26, 2021

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