Month: July 2021

Volunteers In Medicine America Moves its Program to the National Association of Free & Charitable Clinics

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

NAFC becomes the new home to the VIMA brand and its clinic development programLogos of the National Association of Free & Charitable Clinics and Volunteers in Medicine AmericaAlexandria, VA, July 15, 2021 (GLOBE NEWSWIRE) — Volunteers in Medicine America (VIMA) is closing the doors of its national office and moving its free clinic program to the National Association of Free and Charitable Clinics (NAFC). Volunteers in Medicine America was founded by Dr. Jack McConnell in 1994 to build and support a network of free primary health care clinics emphasizing the use of retired and practicing medical and community volunteers. The National Association of Free & Charitable Clinics (NAFC) was founded in 2001 as the only nonprofit 501c(3) organization whose mission is solely focused on the issues and needs of...

GreenBox POS Announces Spin-Off of Stablecoin Platform, Announces its Intent to Implement a Special Dividend Series

Written by Customer Service on July 15, 2021. Posted in Public Companies.

SAN DIEGO, CA, July 15, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (“GreenBox” or the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions today announced its intent to implement a Special Dividend Series to be issued in two parts to GreenBox Common Stockholders in connection with the planned spin-off of the Company’s subsidiary that controls the Company’s recently launched stablecoin platform (the “Coin Platform”). The Company currently anticipates it will announce the record date for the spin-off prior to the end of the year. GreenBox common stock shareholders of record at the close of business on August 16, 2021 (first record date) will be entitled to receive a right to 0.35 of a share of common stock in the Coin...

Inotiv Acquires Laboratory Instrumentation for Discovery and Development of Novel Therapies

Written by Customer Service on July 15, 2021. Posted in Public Companies.

WEST LAFAYETTE, Ind., July 15, 2021 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and bioanalytical drug discovery and development services, today announced that the Company has purchased the physical assets of a Tennessee-based laboratory services provider that ceased operations. The assets, which include lab instrumentation, stock consumables and chemicals, lab benchwork, and office furniture, were acquired for approximately $1.3 million, a substantial discount to the Company’s estimate of fair market value. The acquired assets will accelerate the Company’s expansion of its regulated (GLP/GCLP) laboratory services and solutions for biopharmaceutical companies pursuing cell and gene therapy (CGT) as well as traditional...

HOMB Continues Stable Performance in Second Quarter Delivering Record Net Income Through First Six Months of 2021

Written by Customer Service on July 15, 2021. Posted in Earnings Releases And Operating Results.

CONWAY, Ark., July 15, 2021 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ GS: HOMB), parent company of Centennial Bank, released quarterly earnings today. Highlights of the Second Quarter of 2021:Metric Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020Net Income $79.1 million $91.6 million $81.8 million $69.3 million $62.8 millionTotal Revenue (net) $172.4 million $193.4 million $181.9 million $176.1 million $173.7 millionIncome (loss) before income taxes $104.1 million $120.5 million $107.7 million $90.4 million $82.1 millionPre-tax, pre-provision, net income (PPNR) (non-GAAP)(1) $99.4 million $120.5 million $107.7 million $104.4 million $102.7 millionPre-tax net income to total revenue (net) 60.42% 62.32% 59.19% 51.32% 47.25%P5NR (Pre-tax, pre-provision, profit percentage) (PPNR to total revenue (net)) (non-GAAP)(1) 57.66% 62.32% 59.19% 59.28% 59.15%ROA 1.81% 2.22% 1.97% 1.66% 1.55%NIM 3.61% 4.02% 4.00% 3.92% 4.11%NIM,...

The Glimpse Group Announces Multiyear Virtual Reality Software License and Services Partnership with Edstutia

Written by Customer Service on July 15, 2021. Posted in Public Companies.

Adept XR, a Glimpse subsidiary company, partners with Edstutia to Launch Immersive VR Campus for Higher Education NEW YORK, NY, July 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Adept XR, a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ: VRAR; “Glimpse”), and a provider of Virtual Reality (VR) and Augmented Reality (AR) corporate learning and training software & services solutions, today announced a multiyear, six figure software license and services relationship with online modular higher education alternative company, Edstutia. By leveraging Adept XR’s (https://adeptxr.com/) VR software platform – Elevate – Edstutia plans to build a unique, first of its kind, immersive VR campus to enhance learning experiences, presentations, classroom discussions, as well as immersive video “road trips”...

MKS Instruments Announces Closing of Photon Control Acquisition

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

Expands Technology Solutions for Key Customers in Semiconductor Market   Acquiring a Leader in Optical Sensors for Temperature Control used in Semiconductor Wafer Fabrication   Enhances the MKS Surround the Chamber® Portfolio  ANDOVER, Mass., July 15, 2021 (GLOBE NEWSWIRE) — MKS Instruments, Inc. (NASDAQ: MKSI) (“MKS”), a global provider of technologies that enable advanced processes and improve productivity, today announced the completion of its previously announced acquisition of Photon Control Inc. (TSX:PHO). “We anticipate the acquisition will further advance the MKS strategy to enhance our Surround the Chamber® offering by adding optical sensors for temperature control for critical etch and deposition applications in semiconductor wafer fabrication,” said MKS President and CEO John T.C. Lee. “In addition, Photon...

Photon Control Completes Acquisition by MKS Instruments

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, July 15, 2021 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that it has completed its previously announced plan of arrangement (the “Arrangement”) with MKS Instruments, Inc. (“MKS”). Under the Arrangement, MKS, through its wholly-owned subsidiary 1302998 B.C. Ltd. (“B.C. Ltd.”), has acquired all of the issued and outstanding shares (the “Shares”) of Photon Control in exchange for $3.60 in cash per Share, without interest and less applicable withholding taxes (the “Consideration”). As a result of the Arrangement, Photon Control has become a wholly-owned subsidiary of B.C. Ltd. The Arrangement was previously approved by Photon Control securityholders at the...

AllCloud Boosts Data Management and Analytics Capabilities with Acquisition of Integress

Written by Customer Service on July 15, 2021. Posted in Mergers And Acquisitions.

DENVER, July 15, 2021 (GLOBE NEWSWIRE) — AllCloud, a leading cloud professional services company, has acquired Integress, a data analytics company, to extend its expertise across cloud data and analytics and further accelerate its clients’ cloud journeys. Integress founder and CEO, Dave Taddei, is joining AllCloud as SVP, Data and Analytics Practice, North America. Terms of the deal are not being disclosed. AllCloud is an Amazon Web Services (AWS) Premier Consulting Partner and a Salesforce Platinum Partner. The firm also has an established data and analytics practice in Europe, the Middle East and Africa. The acquisition of Integress enables AllCloud to expand its AWS and Salesforce-centric data and analytics capabilities in North America. As AllCloud clients worldwide evolve and grow along their cloud journeys, increasingly they...

GTX Corp Recognized as the 10 Most Innovative Companies to Watch in 2021 and Profiled on Findit.com

Written by Customer Service on July 15, 2021. Posted in Public Companies.

LOS ANGELES CALIFORNIA, July 15, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced being nominated as The 10 Most Innovative Companies to watch in 2021 by CIO Views Magazine Special Edition, along with being profiled on Findit.com Propelling innovative technology to deliver real-time location-based solutions, CIO Views Magazine July 2021 Special Edition Cover Story has recognized GTX Corp as one of The 10 Most Innovative Companies to Watch in 2021. In this month’s special listing, CIO Views captures the success of the Company that was achieved with passion and excellence influencing our generation with a true spirit of innovation. GTX has also been profiled...

Progressive Reports June 2021 Results

Written by Customer Service on July 15, 2021. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, July 15, 2021 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for June 2021 and the second quarter of 2021: June Quarter (millions, except per share amounts and ratios; unaudited) 2021 2020 Change 2021 2020 Change Net premiums written $ 3,627.3 $ 3,201.6 13 % $ 11,480.3 $ 10,140.0 13 %Net premiums earned $ 3,459.9 $ 3,023.1 14 % $ 10,982.3 $ 9,648.6 14 %Net income $ 132.8 $ 470.9 (72) % $ 790.1 $ 1,790.4 (56) %Per share available to common shareholders $ 0.22 $ 0.80 (72) % $ 1.34 $ 3.04 (56) %Total pretax net realized gains (losses) on securities $ 124.2 $ 142.9 (13) % $ 461.8 $ 890.8 (48) %Combined ratio 100.5 86.9 13.6 pts. 96.5 87.7 8.8 pts.Average...

Month: July 2021

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