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Day: July 27, 2021

Simmons Reports Second Quarter 2021 Earnings

Board of Directors extends and increases authorization under share repurchase programNet income of $74.9 million, up 27 percent from the year ago quarter and up 11 percent compared to the first quarter of 2021Diluted EPS of $0.69, up 28 percent from the year ago quarter and up 11 percent compared to the first quarter of 2021Adjusted pre-tax, pre-provision income of $74.6 million, up 2 percent from first quarter 2021 levelsLoan production totaled $1.8 billion during the first half of 2021, on pace to significantly exceed production volume for full-year of 2020Total deposits of $18.3 billion, up $1.3 billion since year-end 2020 while deposits costs dropped 10 bps over the same periodImproved macroeconomic scenario models and sharp decline in nonperforming loans (down $34.6 million linked quarter) drive $13.0 million provision...

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Clean Earth and Harsco Environmental, Divisions of Harsco Corporation, Once Again Named as Top 200 Environmental Firms by Leading Industry Publication

Clean Earth appears on Engineering News-Record’s (ENR) annual Top 200 Environmental Firms list for 11th consecutive year, ranking in the Top 30 for the first time. Harsco Environmental makes list for the second year in a row, ranking #27.CAMP HILL, Pa., July 27, 2021 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC), a global market leading provider of environmental solutions for industrial and specialty waste streams, today announced that its Clean Earth and Harsco Environmental divisions have been named to the Engineering News-Record (ENR) annual Top 200 Environmental Firms list, both ranking in the Top 30. Clean Earth, one of the largest specialty waste processing companies in the U.S., placed #29 on the Top 200 list (jumping 19 spots from 2020) with more than $619 million in 2020 environmental revenue, and #7 on the Top...

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AgroFresh Solutions Announces Second Quarter 2021 Earnings Release Date

PHILADELPHIA, July 27, 2021 (GLOBE NEWSWIRE) — AgroFresh Solutions, Inc. (Nasdaq: AGFS), a global leader in produce freshness solutions, today announced that it will release second quarter results after the market closes on Tuesday, August 10, 2021, followed by a conference call at 4:30 p.m. ET to discuss the results.   Conference Call The Company will host a conference call and webcast on Tuesday, August 10, 2021, at 4:30 p.m. ET where members of the executive management team will discuss second quarter results with additional comments and details. The conference call and supplemental earnings presentation will be available live over the internet through the “Events & Presentations” page of the Investor Relations section of the Company’s website at www.agrofresh.com. To participate on the live call listeners...

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Radius Health Business Update

Added 5,000+ new TYMLOS patients in Q2, 2021, up 40+% vs. Q2, 2020 and 3% vs. Q1, 2021 ATOM and wearABLe abaloparatide Phase 3 trial readouts remain on track for 2H, 2021 EU abaloparatide regulatory resubmission remains on schedule for Q4, 2021 Prader-Willi Syndrome (PWS) pivotal Phase 2/3 study to be initiated in Q4, 2021 or Q1, 2022 Q2, 2021 earnings results scheduled for August 5, 2021BOSTON, July 27, 2021 (GLOBE NEWSWIRE) — Radius Health, Inc. (“Radius” or the “Company”) (NASDAQ: RDUS), provided a business update today on the Company’s progress. Abaloparatide New patient adds for the U.S. TYMLOS business continue to grow. New TYMLOS patients in Q2, 2021 were up over 40% vs. the same period in 2020. New patients are defined as those patients who have been prescribed TYMLOS and subsequently filled their first prescription. The...

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Mer Telemanagement Solutions Completes Merger with SharpLink, Inc.

Corporate Name Changed to “SharpLink Gaming Ltd.” and Trading Expected to Commence on Nasdaq Capital Market Under Ticker “SBET” as Early as Wednesday, July 28 RA’ANANA, Israel and MINNEAPOLIS, July 27, 2021 (GLOBE NEWSWIRE) — Mer Telemanagement Solutions Ltd. (Nasdaq: MTSL) (“MTS” or the “Company”) today announced the closing of its previously announced plan to merge with U.S.-based SharpLink, Inc. (“SharpLink”). The Company has been renamed SharpLink Gaming Ltd. and will be led by Robert Phythian as Chief Executive Officer. In addition, immediately prior to the closing of the merger, SharpLink completed a $6 million private placement with an existing institutional investor.   In connection with the closing of the merger, the Company completed a 1-for-2 reverse stock split of its ordinary shares. Following...

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Taurus Expands Multifamily Footprint in Arizona with Fourth Acquisition in Phoenix Market

BOSTON and PHOENIX, July 27, 2021 (GLOBE NEWSWIRE) — Taurus Investment Holdings, LLC, a global private equity real estate firm operating for over 40 years with experience in multifamily, office, logistics, mixed-use and renewable energy sectors, announced today the acquisition of 544 Southern for a purchase price of $31,075,000, marking Taurus’ fourth acquisition in the Phoenix market within the last 12 months. “With no major deferred maintenance, 544 Southern represents an excellent opportunity to create further property value and enhance the community for tenants through Taurus’s proven renovation program,” said CEO of Taurus, Peter A. Merrigan. “The forward-thinking business atmosphere and affordable cost-of-living in Phoenix aligns with our strategy of acquiring assets in dynamic markets that are positioned for growth.” Built...

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AC Immune acquires AFFiRiS’ Specific Active Immunotherapy (SAIT) anti-alpha-synuclein programs targeting neurodegenerative diseases

AFFiRiS to receive AC Immune stock valued at USD 58.7 million in exchange for its portfolio of therapeutics targeting alpha-synuclein and USD 5 million in cash AFFiRiS to focus on partnering to further develop its SAIT and monoclonal antibody for cardiovascular disease and for Huntington’s disease, respectivelyVIENNA, Austria, July 27, 2021 (GLOBE NEWSWIRE) — AFFiRiS AG, a clinical-stage biotechnology company that has been engaged in the development of novel disease-modifying Specific Active Immunotherapies (SAITs), today announced that AC Immune SA (NASDAQ: ACIU), a clinical-stage biopharmaceutical company pioneering precision medicine for neurodegenerative diseases, is acquiring AFFiRiS’ anti-alpha-synuclein programs targeting neurodegenerative diseases caused by misfolded forms of human self-proteins. All acquired programs...

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Downhole Tools Market to Rise at 8.6% CAGR till 2027; Huge Investment in Hydrocarbon Exploration Will Provide Impetus to Market Growth, says Fortune Business Insights™

Key companies covered in downhole tools market are National Oilwell Varco (United States), Schoeller-Bleckmann Sales (United States), Weatherford (Switzerland), Core Laboratories (Netherlands), Baker Hughes (United States), Hunting PLC (United Kingdom), Schlumberger (United States), RPC, Inc. (United States), APS Technology Inc. (United States), Flotek Industries, Inc. (United States), TechnipFMC (United Kingdom), United Drilling Tools Ltd (India), Rival Downhole Tools (United States) and others Pune, India, July 27, 2021 (GLOBE NEWSWIRE) — The global downhole tools market size is projected to reach USD 5.30 billion by 2027. The increasing hydrocarbon exploration activities will have a positive impact on the growth of the overall market in the coming years. According to a report published by Fortune Business Insights, titled “Downhole...

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CTS Announces Second Quarter 2021 Results

Strong performance in a challenging supply chain environment LISLE, Ill., July 27, 2021 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) today announced second quarter 2021 results.Sales were $129.6 million, up 54% year-over-year. Sales to transportation customers increased 88%, and sales to other end markets grew 26%. The Sensor Scientific acquisition added $1.6 million of sales in the second quarter of 2021. Net earnings were $0.9 million or $0.03 per diluted share versus $4.9 million or $0.15 per diluted share in the second quarter of last year. The second quarter net earnings were impacted by a non-cash charge of $20.1 million related to the previously communicated termination of the U.S. pension plan. Adjusted diluted EPS was $0.52, up from $0.16 in the second quarter of 2020. Free cash flow was $16.3 million, up from $9.1...

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Virtual Power Plant Market Share to Gain Traction; Growing Awareness about the Benefits of Renewable Energy to Boost Market Growth: Fortune Business Insights™

List of Key Players Covered in Virtual Power Plant Market Report: ABB, Siemens, Schneider Electric, AutoGrid, Next Kraftwerke, AGL Energy, Enel X, General Electric, Blue Pillar Inc., Cisco Systems Inc., Hitachi Ltd., Enbala Power Networks Inc., Robert Bosch GmbH Pune, India, July 27, 2021 (GLOBE NEWSWIRE) — The global virtual power plant market size is projected to experience rapid growth from USD 0.87 billion in 2019 to USD 2.85 billion in 2027 owing to the rising government initiatives for the development of renewable energy sources, observes Fortune Business Insights™ in its report, titled “Virtual Power Plant Market, 2020-2027”, the virtual power plant market stood at USD 3.80 billion in 2020. It is set to exhibit a CAGR of 27.2% during the forecast period. There has been an increasing investment by the government in the generation...

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