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Month: July 2021

EagleBank Appoints New Chief Operating Officer

Newly Appointed COO Joseph Clarke is a 17-year EagleBank veteranChief Operating Officer Joe ClarkeChief Operating Officer Joe ClarkeBETHESDA, Md., July 13, 2021 (GLOBE NEWSWIRE) — EagleBank announced today the appointment of Joseph “Joe” Clarke as Executive Vice President and Chief Operating Officer. A seasoned executive with over two decades of banking industry experience, Mr. Clarke has served as Deputy Chief Operating Officer of EagleBank since December 2020. As Chief Operating Officer, Joe will lead and execute EagleBank’s strategy in the areas of Banking Operations, Digital Banking, Community Banking, Residential Lending, and Information Technology. Joe will report directly to Chief Executive Officer Susan Riel.  “Joe’s promotion reflects the significant contributions he has made to our clients and EagleBank,”...

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HighPeak Energy, Inc. to Present at Upcoming Conference

FORT WORTH, Texas, July 13, 2021 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that HighPeak Chairman and CEO, Jack Hightower, is scheduled to present at the DUG Permian & Eagle Ford Conference in Fort Worth, Texas on Tuesday, July 13, 2021 at 2:55 p.m. central time. Please visit the “Investors” section of the Company’s website for the presentation slides. About HighPeak Energy, Inc. HighPeak Energy, Inc. is a publicly traded independent oil and natural gas company, headquartered in Fort Worth, Texas, focused on the acquisition, development, exploration and exploitation of unconventional oil and natural gas reserves in the Midland Basin in West Texas. For more information, please visit our website at www.highpeakenergy.com. Investor Contact:Ryan HightowerVice President,...

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Liberty Gold Announces First Resource Estimate for the Black Pine Oxide Gold Deposit, Idaho

1,715,000 Indicated and 370,000 Inferred Gold Ounces VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce the first modern independent resource estimate at its Black Pine Oxide Gold deposit in southeastern Idaho (the “Mineral Resource”). This resource estimate crystallizes the results from two years of drilling and is a strong initial foundation on which to layer our upcoming Preliminary Economic Assessment (“PEA”) and ongoing successful expansion drilling program.  It is one of Liberty Gold’s two advanced-staged, Carlin-style oxide gold development projects in the Great Basin, USA. The Mineral Resource has an effective date of May 1, 2021, is reported in a pit shell at a cut-off grade of 0.20 grams per tonne (“g/t”) gold...

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Brunswick Corporation Continues to Execute on its Next Wave Strategy with Multiple Industry Changing Initiatives

METTAWA, Ill., July 13, 2021 (GLOBE NEWSWIRE) — During its 2021 Investor Day presentation in May, Brunswick Corporation (NYSE: BC) unveiled the “Next Wave” of the Company’s strategy highlighting the next phase of business evolution, products, technologies, unique experiences, and enterprise synergies. Brunswick has already begun to elevate the boating experience and appeal to an expanded demographic through execution of its ACES (autonomous, connected, electrification, shared access) strategy and other consumer-focused initiatives. In the few months since the May roll-out of the Next Wave strategy, Brunswick has executed a series of actions that represent significant proof-points:Brunswick entered into definitive agreement to acquire Navico and its four leading brands (Simrad, Lowrance, B&G and C-MAP) that immediately accelerates...

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Park Hotels & Resorts Executes Definitive Contracts to Sell Two of Its San Francisco Hotels and Provides an Update on Hotel Reopenings and Operating Trends

TYSONS, Va., July 13, 2021 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien San Francisco and the 171-room Hotel Adagio, Autograph Collection (San Francisco, CA) for total proceeds of $303.5 million, or an average sale price of approximately $572,000 per key. When adjusted for Park’s anticipated capital expenditures (“capex”), the blended sale price represents a 6.1% capitalization rate on 2019 net operating income (6.7% excluding capex), or 14.4x 2019 EBITDA (13.2x excluding capex). Management currently expects each of the transactions to close within the next 60 days.   Le Meridien San FranciscoGross proceeds for the Le Meridien San Francisco are $221.5 million, or approximately $615,000/key....

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INVITATION TO AN INVESTOR CALL ON SSH COMMUNICATIONS SECURITY CORPORATION’S INTERIM REPORT, JANUARY 1 – JUNE 30, 2021

SSH Communications Security’s Interim Report January 1 – June 30, 2021, will be published on Tuesday, July 20, 2021, at approximately 09.00 EET.  A conference call for media, investors, and analysts will be at 10.00 EET on the same day. The financial statement release will be presented by CEO Teemu Tunkelo and CFO Niklas Nordström.  The presentation materials (in English) will be available on the SSH Communications Security’s website (www.ssh.com) after the conference call. Time: July 20, 2021, at 10.00–11.00 EETPlace: Video call To join the meeting, please register no later than Monday, July 19 at 16.00 EET by sending an email to kristian.nieminen@ssh.com. Conference call links will be sent to registered participants during the afternoon of July 19. SSH COMMUNICATIONS SECURITY CORPORATION Niklas NordströmCFOAbout SSH.COMSSH.COM...

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Construction Equipment Market to Exhibit a Decent CAGR of 6.6% during 2021 to 2028; Liebherr Wins Red Dot Award for TA 230 Trash Truck: Fortune Business Insights™

Leading Companies in the global Construction Equipment Market are AB Volvo, Caterpillar Inc., Komatsu Ltd., Doosan Infracore Co. Ltd., Hitachi Construction Machinery Co., Ltd., C. Bamford Excavators Ltd., Liebherr Group, CNH Industrial N.V., Hyundai Construction Equipment Co., Ltd., SANY Group Pune, India, July 13, 2021 (GLOBE NEWSWIRE) — The global construction equipment market size was USD 133.37 billion in 2020. The market is projected to grow from USD 141.99 billion in 2021 to USD 222.14 billion in 2028 at a CAGR of 6.6% in the 2021-2028 period. This information is published by Fortune Business Insights™, in its report, titled, “Construction Equipment Market, 2021-2028.” According to our researchers, the global market growth is witnessed with the upsurge in public-private partnerships (PPP), surging industrial, residential,...

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Progress Helps Meet Data Protection Requirements in UK and Australia

Progress MOVEit Cloud enables customers to easily meet compliance requirements for data collection, file transfer and security BEDFORD, Mass., July 13, 2021 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the leading provider of products to develop, deploy, and manage high-impact business applications, today announced that Progress® MOVEit® Cloud, the first enterprise-class, cloud-based, Managed File Transfer (MFT) software, is now available via Microsoft Azure in the UK and Australia to help businesses meet complex compliance and data protection regulation needs in those regions. Regulations such as the Global Data Protection Regulation (GDPR) outline specific conditions about the storage and movement of customer data. As of January 1, 2021, with the official implementation of Brexit, the UK became a “third country” and...

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RIX Shipmanagement Selects KVH AgilePlans VSAT Connectivity to Improve Crew Welfare and Optimize Operations

Rollout of KVH services has begun for an oceangoing fleet MIDDLETOWN, R.I., July 13, 2021 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), announced today that global ship operator RIX Shipmanagement Ltd. has chosen KVH’s AgilePlans® subscription-based Connectivity as a Service (CaaS) program to supply its vessels with VSAT connectivity. Installations for four vessels have been completed, with plans for an additional 25 through the second quarter of 2022. “Our company currently manages more than 30 vessels and we know the importance of reliable satellite communications to our operations and to our goals of optimizing vessel performance, reducing CO2 emissions, and improving crew welfare,” says Aleksandr Lisitskiy, executive director of RIX Shipmanagement Ltd. “The all-inclusive AgilePlans service makes it easy for us to...

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CIB Marine Bancshares, Inc. Announces Second Quarter 2021 Results

BROOKFIELD, Wis., July 13, 2021 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), the holding company of CIBM Bank, announced its unaudited results of operations and financial condition for the six months and quarter ended June 30, 2021. Net income for the six months was $3.5 million compared to $2.5 million for the same period in 2020, and $1.4 million for the quarter compared to $1.7 million for the same quarter in 2020. Financial highlights include:Return on average assets improved to 0.94% for the six months, compared to 0.68% for the same period in 2020; and 0.74% for the quarter compared to 0.89% for the same period of 2020. Tangible book value attributable to the common stock increased to $54.19 per share outstanding at June 30, 2021, compared to $52.28 at December 31, 2020, and $47.25...

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