Month: July 2021

TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its second quarter ended June 30, 2021. “Our operating and leasing momentum continued to accelerate in the second quarter,” said Michael Emory, President & CEO. “FFO and AFFO per unit rose to record levels of 60.2 cents and 53.3 cents, respectively, consistent with our expectations. Average in-place net rent per occupied square foot rose again in the second quarter, coming in at $24.30 compared to $24.13 in the first quarter and $23.29 in the comparable quarter last year. Despite the pandemic, our space has become more productive economically over the past six quarters.” Operations Gross monthly rent due in the second quarter was $170 million. 1.2% of the total...

(All amounts in U.S. dollars.Per share information based on dilutedshares outstanding unless otherwise noted.) TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced financial results for the quarter ended June 30, 2021 (Q2 2021)†. “Celestica’s solid second quarter results underscore the successful execution of our strategy to reshape our portfolio and build a resilient, diversified business with a strong foundation for growth. Primarily driven by higher Hardware Platform Solutions (HPS) concentration and strong performance from our Capital Equipment business, we achieved Q2 2021 revenue, non-IFRS adjusted EPS* and non-IFRS operating margin* at, or significantly exceeding, the high...

Poplar Bluff, MO, July 26, 2021 (GLOBE NEWSWIRE) —         Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the fourth quarter of fiscal 2021 of $13.7 million, an increase of $6.8 million, or 98.3%, as compared to the same period of the prior fiscal year. The increase was attributable in large part to a negative provision for credit losses in the current period, as compared to a charge in the year ago period. The Company also experienced an increase in net interest income and noninterest income, and a decrease in noninterest expense. These improvements were partially offset by an increase in provision for income taxes. Preliminary net income was $1.53 per fully diluted common share for the fourth quarter of fiscal 2021, an increase...

BENSALEM, Pa., July 26, 2021 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it expects to release 2021 second quarter financial results on Tuesday, August 10, 2021 after the market closes. In connection with this announcement, StoneMor plans to hold a conference call to discuss its results later that day at 4:30 p.m. eastern time. This conference call can be accessed by calling (877) 221-6399. No reservation number is necessary; however, due to the on-going pandemic, it is advised that interested parties access the call-in number 5 to 10 minutes prior to the scheduled start time to avoid delays. StoneMor will also host a live webcast of this conference call. Investors may access the live webcast via the Investors page of the StoneMor website www.stonemor.com...

Continues to Progress Multifamily Transformation and Planned Southeast Expansion WASHINGTON, July 26, 2021 (GLOBE NEWSWIRE) — WashREIT (NYSE: WRE) has completed the previously announced sale of 12 office assets, representing the entire office portfolio excluding Watergate 600, for gross proceeds of $766 million. WashREIT plans to use the net proceeds of the sale to fund the expansion of its multifamily platform and to reduce leverage by repaying outstanding debt, starting with the redemption of all $300 million of senior unsecured notes due 2022 on or about August 26, 2021 in accordance with their terms. Additional progress on its multifamily transformation and expansion into targeted Southeastern markets will be discussed during the company’s second quarter earnings call on July 30, 2021. “The successful sale of our office portfolio...

HOUSTON, July 26, 2021 (GLOBE NEWSWIRE) — Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), a leader in developing novel, controllable cellular immunotherapies for cancers, today announced an equity inducement grant to one new employee consisting of an aggregate of 15,000 stock options. The Compensation Committee of the Board of Directors approved the grant with an effective date of July 26, 2021. The stock options were granted as an inducement material to the employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The stock options have an exercise price of $2.86 per share and vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and 1/48 of the shares vesting monthly thereafter, subject to the new employee’s...

MILLERSBURG, Pa., July 26, 2021 (GLOBE NEWSWIRE) — Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported net income to common shareholders (earnings) for the quarter ended June 30, 2021 of $9,613,000 or $0.93 per common share basic and diluted, compared to earnings of $6,833,000 or $0.81 per common share basic and diluted for the quarter ended June 30, 2020. The earnings per share for the quarter ended June 30, 2021 reflect an increase of over 15 percent compared to the earnings for the same period in the prior year. Earnings for the six months ended June 30, 2021 were $18,925,000 or $2.02 per common share basic and diluted, compared to earnings of $10,651,000 or $1.26 per common share basic and diluted for the six months ended June 30,...

TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — OverActive Media Corp. (formerly Abigail Capital Corporation) (“OverActive” or the “Company”) is pleased to announce that its shareholders approved all matters presented at the special meeting of shareholders held on July 26, 2021 (the “Meeting”) by the requisite majorities as set out in the Company’s management information circular dated June 21, 2021 (the “Circular”). At the Meeting, the shareholders of the Company passed the following resolutions:Resolution to fix the number of directors at seven (7) until the next annual meeting of shareholders. Resolution to elect three (3) board members, being Rizwan Jamal, Robin Brudner and Jamie FirstenThe board of directions of the Company is now comprised of Sheldon Pollack, Christina Bianco, Jeffrey Kimel, Michael Kimel, Rizwan Jamal, Robin...

EL SEGUNDO, Calif., July 26, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) (the “Company”) today reported results for the three months ended June 30, 2021. Financial Overview  Three months ended June 30,   Six Months ended June 30,  2021   2020   2021   2020  (In millions, except percentage and per share amounts)Net sales $ 556.9     $ 512.4     $ 1,053.0     $ 988.5  Net income 45.0     39.2     63.1     70.6  Net income as a percentage of net sales 8.1 %   7.7 %   6.0 %   7.1 %Adjusted Net Income (Non-GAAP measure*) 49.1     38.5     78.3     67.9  Adjusted Net Income (Non-GAAP measure*) as a percentage of net sales 8.8 %   7.5 %   7.4 %   6.9 %Earnings Per Share (“EPS”) – Diluted 0.54     0.47     0.77     0.84  Adjusted EPS (Non-GAAP measure*) 0.59     0.46     0.96     0.81  Adjusted...

CALABASAS, Calif., July 26, 2021 (GLOBE NEWSWIRE) — On April 6, 2016, the Internal Revenue Service (“IRS”) selected MusclePharm Corporation’s (OTCMKTS: MSLP) 2014 Federal Income Tax Return for audit and, as a result, proposed certain adjustments with respect to the tax reporting of certain of the Company’s former executives’ 2014 restricted stock grants. On April 4, 2017, MusclePharm received a letter from the IRS asserting back taxes and penalties of approximately $7.3 million dollars owed for the 2014 restricted stock grants. MusclePharm submitted a formal protest disputing the matter on several grounds and has been pursuing this matter vigorously through the IRS appeals process. On June 29, 2021, an IRS Appeals Officer confirmed that the tax matter had exceeded the applicable statute of limitations and was deemed closed from...