Month: July 2021

argenx Reports Half Year 2021 Financial Results and Provides Second Quarter Business Update

Written by Customer Service on July 29, 2021. Posted in Public Companies.

– Completion of enrollment expected by year-end for ADAPT-SC and ADVANCE (IV) trials of efgartigimod; topline data for both trials expected in first half of 2022 – Introduced “argenx 2025” vision during R&D Day to highlight commitment to patients and science and outline path to becoming global, integrated immunology leader – Management to host conference call today at 2:30 pm CEST (8:30 am ET) – July 29, 2021 Breda, the Netherlands – argenx (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases and cancer, today announced its half year 2021 financial results and provided a second quarter business update and outlook for the remainder of the year. “The first half of 2021 has been marked by clinical, financial and regulatory...

Clariant significantly increased profitability in the second quarter of 2021 on the back of double-digit sales growth

Written by Customer Service on July 29, 2021. Posted in Public Companies.

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR Second quarter 2021 sales from continuing operations increased by 12 % in local currency to CHF 1.032 billion Second quarter 2021 EBITDA margin significantly augmented to 16.8 % versus 14.6 % in the second quarter of 2020 First half year 2021 net result for the total Group rose to CHF 157 million First half year 2021 operating cash flow at CHF 15 million Outlook 2021 increased: local currency sales growth of 7 % – 9 % and a step up in EBITDA margin to 16.0 % – 17.0 %“In the second quarter of 2021, Clariant delivered strong year-on-year revenue increases and significantly improved its performance. Signing definitive agreements to sell our Pigments business has been a critical step towards the completion of our portfolio transformation program,” said Conrad Keijzer, CEO of Clariant. “Clariant’s...

ArcelorMittal publishes second group climate action report

Written by Customer Service on July 29, 2021. Posted in Public Companies.

– Targeting 25% global carbon-emissions reduction by 2030 – Estimated cost of c. $10 billion – Europe 2030 target increased to 35% – ArcelorMittal Sestao to become world’s first full-scale zero carbon-emissions plant– New collaboration announced with Science Based Targets initiative– Targets to be linked to executive remuneration 29 July 2021, 07:00 CET ArcelorMittal (‘the Company’) has today published its second group climate action report, following the first group report published in May 2019 and the European climate action report published in May 2020. In the new report, ArcelorMittal has for the first time announced a 2030 global carbon emissions intensity reduction target of 25%. It has also increased its European 2030 carbon emissions intensity reduction target to 35% from 30% previously announced....

Fortis Inc. Announces Third Quarter Dividends – 2021

Written by Customer Service on July 28, 2021. Posted in Dividend Reports And Estimates.

ST. JOHN’S, Newfoundland and Labrador, July 28, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) has declared the following dividends:$0.3063 per share on the First Preference Shares, Series “F” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021; $0.2745625 per share on the First Preference Shares, Series “G” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021; $0.11469 per share on the First Preference Shares, Series “H” of the Corporation, payable on September 1, 2021 to the Shareholders of Record at the close of business on August 19, 2021; $0.097734...

Lincoln Electric Acquires Overstreet-Hughes Company, Inc. and Shoals Tubular, Inc.

Written by Customer Service on July 28, 2021. Posted in Mergers And Acquisitions.

Advances The Harris Products Group’s HVAC Growth Strategy CLEVELAND, July 28, 2021 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Overstreet-Hughes Company, Inc. (“Fabricated Tube Products,” “FTP”) and Shoals Tubular, Inc. (“Shoals”). FTP and Shoals manufacture copper and aluminum headers, distributor assemblies and manifolds in the United States and Mexico for the HVAC sector and have combined annual sales of approximately $50 million. The addition of FTP and Shoals further differentiates The Harris Products Group’s competitive position serving HVAC OEMs with a comprehensive portfolio of solutions for the fabrication of HVAC coils, and the acquisition accelerates their growth in this attractive market. “We are excited to welcome FTP and Shoals to Lincoln Electric and integrate...

Huntington Completes Purchase of the Winora Property – Lingman Lake Mine Extension Target – NW Ontario

Written by Customer Service on July 28, 2021. Posted in Mergers And Acquisitions.

CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) — Huntington Exploration Inc. (TSXV: HEI) (“Huntington” or the “Company”) is pleased to announce that it completed the acquisition of the Winora Property, previously announced on May 4, 2021, through an arm’s length mineral property acquisition (the “Acquisition”). The Acquisition consists of 17 patented mining claims located in the District of Kenora, Northern Ontario. The Winora Property is located 500 m east of the historical Lingman Lake Gold Mine, developed in the late 1940s that, for a variety of reasons, has never reached commercial production. Acquisition Terms Huntington has acquired by way of a mineral property acquisition agreement with an arm’s length third party in exchange for 4,000,000 common shares of the Company at a deemed price of $0.304 per share and a 2%...

FTAI Reports Second Quarter 2021 Results, Declares Dividend of $0.33 per Common Share, Announces Closing of Transtar Acquisition, and Progression of Plan to Separate FTAI into Aerospace and Infrastructure Companies

Written by Customer Service on July 28, 2021. Posted in Mergers And Acquisitions.

NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company” or “FTAI”) today reported financial results for the second quarter 2021. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview(in thousands, except per share data)Selected Financial Results Q2’21Net Cash Used in Operating Activities $ (14,992 )Net Loss Attributable to Shareholders $ (36,534 )Basic and Diluted Loss per Common Share $ (0.42 ) Funds Available for Distribution (“FAD”) (1) $ 68,341 Adjusted EBITDA(1) $ 67,954 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. For the...

Reservoir Media, Inc. Announces Closing of Business Combination and Will Begin Trading on NASDAQ

Written by Customer Service on July 28, 2021. Posted in Mergers And Acquisitions.

Reservoir Media, Inc. becomes the first U.S.-based publicly traded independent music company and the first female founded and led publicly traded music company in the U.S. Common stock will be listed on NASDAQ under the ticker symbol “RSVR” NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir”), an award-winning independent music company, today announced the closing of its previously announced business combination with Roth CH Acquisition II Co. (“ROCC”), a publicly traded special purpose acquisition company formed by Roth Capital Partners and Craig-Hallum Capital Group. Reservoir also announced the closing of its previously announced common stock PIPE of $150 million. The business combination was approved by ROCC’s stockholders at a special meeting of stockholders held on July 27, 2021. The...

Colfax Completes Acquisition of Mathys AG Bettlach

Written by Customer Service on July 28, 2021. Posted in Mergers And Acquisitions.

WILMINGTON, DE, July 28, 2021 (GLOBE NEWSWIRE) — Colfax Corporation (“Colfax” or the “Company”) (NYSE: CFX), a leading diversified technology company, announced today that it has completed its previously announced acquisition of Mathys AG Bettlach (“Mathys”). Total acquisition consideration of approximately $285 million was financed through the issuance of 6,544,522 shares of Colfax common stock to the former owners of Mathys. The issuance of Colfax common stock was made in reliance on an exemption from registration under the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereunder, as a transaction by the Company not involving a public offering. About Colfax Corporation Colfax Corporation (NYSE: CFX) is a leading diversified technology company that provides orthopedic and fabrication technology products and...

Alaris Equity Partners Income Trust Releases Q2 2021 Financial Results and Announces a Unitholders’ Distribution Increase of 6.5%

Written by Customer Service on July 28, 2021. Posted in Dividend Reports And Estimates.

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, July 28, 2021 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and six months ended June 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q2 2021 Highlights:Generated revenue of $34.9 million in the quarter, the largest quarter of revenue in Alaris’ history and an increase of 37% on a per unit basis compared to Q2 2020. Revenue of $67.2 million in the six months ended June 30, 2021 represented an increase of 34% over the...

Month: July 2021

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