Month: July 2021

Singing Machine Announces 19% Revenue Growth, $0.06 Earnings Per Share in Full Year Fiscal 2021 Results

Written by Customer Service on July 14, 2021. Posted in Public Companies.

Fort Lauderdale, FL, July 14, 2021 (GLOBE NEWSWIRE) — The Singing Machine Company, Inc. (“Singing Machine” or the “Company”) (OTCQX: SMDM) – the worldwide leader in consumer karaoke products – today announced its full year financial results for its fiscal year ended March 31, 2021. The Company successfully navigated the COVID-19 global pandemic, capitalizing on strong consumer demand for in-home and mobile karaoke devices. Singing Machine successfully grew market share on its new mobile device, the Carpool Karaoke Microphone, as well as launched a pilot digital content subscription platform on its WiFi-enabled devices. These initiatives, coupled with a strong move to digital marketing and explosive online sales growth drove margin improvement and overall profitability. Additional details for the full year fiscal 2021 are as follows: Full...

Hexatronic acquires leading microduct business in the fast-growing German market

Written by Customer Service on July 14, 2021. Posted in Mergers And Acquisitions.

Hexatronic Group AB (publ) 556168-6360 Press Release July 14, 2021 Hexatronic acquires leading microduct business in the fast-growing German market Hexatronic Group AB (publ) (“Hexatronic”) has signed a binding asset purchase agreement to acquire all the telecom activities of REHAU Group (“REHAU Telecom”) – one of the main players in the German microduct market – for an enterprise value of €40.5 million, with an additional purchase consideration of up to €6.0 million based on performance. The acquired business is expected to have sales of €35 million in 2021. REHAU Telecom REHAU Telecom have been active in the German microduct market for many years and is a quality producer of telecom microducts and accessories to mainly the German telecommunication market. The REHAU Telecom team is very experienced and highly skilled in the...

Quipt Enters Four New States With Closings of Strategic Acquisitions

Written by Customer Service on July 14, 2021. Posted in Mergers And Acquisitions.

National Expansion Continues With Entrance Into California, Missouri, Arkansas and Mississippi; $5.5 Million in Annualized Revenues, 10% Adjusted EBITDA Margin Prior to Integration, and Increases Active Patient Count by More Than 10,000 CINCINNATI, July 14, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is pleased to announce that it has recently acquired three separate entities with combined operations in California, Missouri, Arkansas and Mississippi, reporting combined unaudited trailing 12-month annual revenues of approximately $5.5 million, and Adjusted EBITDA (defined below) of $550,000 prior to integration. As a reminder all figures stated are in USD. Quipt is undertaking...

FactSet Acquires BTU Analytics

Written by Customer Service on July 14, 2021. Posted in Mergers And Acquisitions.

Deal adds comprehensive sector data for North American power, oil, and gas to FactSet’s content portfolio NORWALK, Conn., July 14, 2021 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has acquired BTU Analytics (BTU), a provider of data and analytics in the North American renewables, power, oil, and natural gas sectors. This deal allows FactSet to expand its industry-specific, or deep sector, content for investment professionals. The transaction closed on July 1, 2021 and is not expected to have a material impact on FactSet’s fiscal 2021 results. “FactSet is committed to expanding its deep sector content sets,” said Kristy Karnovsky, Senior Vice President and Global Head of Research, FactSet. “The...

Northland Announces Its Second Quarter 2021 Financial Results Release Date and Provides Investor Call and Webcast Details

Written by Customer Service on July 14, 2021. Posted in Public Companies.

TORONTO, July 14, 2021 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2021 second quarter financial results after market close on Wednesday, August 11, 2021. Northland’s management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Thursday, August 12, 2021, followed by a question and answer period with analysts. Conference call details: Date: Thursday, August 12, 2021 Start Time: 10:00 a.m. ETPhone Number: Toll free (North America): (833) 693-0550 Toll free (International): (661) 407-1589Conference ID: 9358403 The call will also be broadcast live on the internet, in listen-only mode and may be accessed on northlandpower.com. For those unable to attend the live call, an audio recording will be available on Northland’s website...

Salarius Pharmaceuticals Announces Aundrietta Duncan, Ph.D., To Present During Virtual Epigenetic Therapeutic Targets Summit

Written by Customer Service on July 14, 2021. Posted in Public Companies.

Dr. Duncan will discuss seclidemstat’s potential in treating FET-rearranged sarcomas HOUSTON, July 14, 2021 (GLOBE NEWSWIRE) — Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, announced today that Aundrietta Duncan, Ph.D., Director, Non-Clinical Development at Salarius Pharmaceuticals, has been invited to present during the Epigenetic Therapeutic Targets Summit, which is being held virtually July 14-15, 2021. The conference is widely attended by leaders in the field of epigenetic drug development and will include presentations by some of the world’s top 10 largest pharmaceutical companies. Dr. Duncan’s presentation, entitled, “Targeting FET-Rearranged Sarcomas Through Inhibition of LSD1,”...

Marimaca Extends Strike Potential at Cindy

Written by Customer Service on July 14, 2021. Posted in Public Companies.

Figure 1:Plan view of Selected Drill Holes at CindyFigure 2:Cross Section – CIR-08Figure 3:Cross Section – CIR-09Figure 4:Long Section of Cindy Including Mineral DomainsFigure 5:Extended High Resolution Magnetic Surveys and Mititus TargetVANCOUVER, British Columbia., July 14, 2021 (GLOBE NEWSWIRE) — (TSX: MARI) is pleased to announce that drilling results from the remaining reverse circulation (“RC”) drill holes, completed at the Cindy Target (“Cindy”), have intersected significant copper mineralization, extending the strike length to over 800m. Cindy is located less than 5km to the north of the Marimaca Oxide Deposit (“MOD”) and offers potential to add to the Company’s leachable resource base and extend mine life or increase the scale...

First Citizens, CIT Receive FDIC Approval of Proposed Merger

Written by Customer Service on July 14, 2021. Posted in Mergers And Acquisitions.

RALEIGH, N.C. and NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) — First Citizens BancShares Inc. (NASDAQ: FCNCA) (“First Citizens”), the parent company of First-Citizens Bank & Trust Company, and CIT Group Inc. (NYSE: CIT) (“CIT”), the parent company of CIT Bank, N.A., jointly announced that the proposal to merge the two companies has received regulatory approval from the Federal Deposit Insurance Corporation (“FDIC”). The merger has already received approval from the Office of the North Carolina Commissioner of Banks. Completion of the proposed merger remains subject to approval from the Board of Governors of the Federal Reserve System, and closing is expected in the third quarter, subject to such approval and the satisfaction or waiver of other customary closing conditions. Frank B. Holding Jr., First Citizens’ chairman and chief...

Zero Turn Mowers Market to Grow at 5.6% CAGR till 2028; Leading Players Such as Deere & Company and Textron to Focus on Introducing Advanced Mowing Solutions: Fortune Business Insights™

Written by Customer Service on July 14, 2021. Posted in Mergers And Acquisitions.

List of Key Companies Profiled in this Zero Turn Mowers Market Report: Lastec (United States), Weibang (United States), Metalcraft of Mayville Inc. (United States), Fiskars (United States), Stanley Black & Decker (United States), Generac Holdings Inc. (United States), Schiller Grounds Care (Bob-Cat) (United States), BigDog Mower (United States), Bad Boy Mowers (United States), Brookfield Property Partners L.P. (STIGA SpA) (United Kingdom), Textron Inc. (United States), Briggs & Stratton, LLC. (United States), MTD Products Inc. (United States), The Toro Company (United States), Wright (United States), Swisher (United States), Greenworks Tools (United States), Alamo Group (United States), Country Clipper (United States), Brute manufacturers (United States) Pune, India, July 14, 2021 (GLOBE NEWSWIRE) — The global zero turn...

Colliers strengthens sustainability advisory capabilities through strategic partnership with Measurabl

Written by Customer Service on July 14, 2021. Posted in Public Companies.

Global innovation and digital investment enable clients to achieve sustainability goals TORONTO, July 14, 2021 (GLOBE NEWSWIRE) — Leading diversified professional services and investment management company Colliers (NASDAQ and TSX: CIGI) announced today a global strategic partnership with Measurabl, a widely adopted environmental, social, and governance (ESG) data management solution for commercial real estate. In doing so, Colliers augments its Property Management offering with ESG data management and reporting expertise to help clients better manage, measure, disclose and act on their portfolios. As institutional investors, regulators and tenants prioritize ESG transparency and disclosure, property owners today need to account for a different set of sustainability considerations. Measurabl aggregates accurate and auditable ESG...

Month: July 2021

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