Month: July 2021

DALLAS, July 26, 2021 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq: GWGH) today announced that its Combined 2020/2021 Annual Meeting of Stockholders originally convened and adjourned on May 28, 2021 has been cancelled to permit time for GWGH to distribute proxy materials to stockholders. The Company will provide notice of the new meeting date once it has been established. About GWG Holdings, Inc. GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas that is a leader in providing unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P. and GWG Life, LLC, GWGH owns and manages a diverse portfolio of alternative assets that, as of September 30, 2020, included $1.9 billion in life insurance policy benefits, and...

All amounts in U.S. dollars unless otherwise stated TORONTO, July 26, 2021 (GLOBE NEWSWIRE) — Onex Corporation (“Onex”) (TSX: ONEX) today announced it has partially realized its investment in Ryan Specialty Group, LLC (“Ryan Specialty” or the “company”), a leading international specialty insurance organization, through the initial public offering (“IPO”) of the company’s parent, Ryan Specialty Group Holdings, Inc. (“Ryan Specialty Holdings”). Ryan Specialty Holdings’ shares of Class A common stock began trading on the New York Stock Exchange on July 22, 2021, under the symbol “RYAN.” The initial market capitalization of Ryan Specialty Holdings at the offering price of $23.50 per share was approximately $6 billion (inclusive of the value of Ryan Specialty’s equity). In June 2018, Onex made an initial investment in Ryan Specialty...

JASPER, Ind., July 26, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (Nasdaq: GABC) reported another quarter of strong operating performance, resulting in quarterly earnings of $23.8 million, or $0.90 per share, during the second quarter of 2021. This level of quarterly earnings represented an increase of $4.3 million, or approximately 22% on a per share basis, from 2021 first quarter earnings of $19.6 million, or $0.74 per share. On a year-over-year basis, the current quarterly earnings, as compared to second quarter 2020 earnings of $14.3 million, or $0.54 per share, increased by $9.6 million, or approximately 67% on a per share basis. The second quarter 2021 earnings growth was driven by a number of factors including strong balance sheet growth, within both the core loan portfolio and deposit base, improved net interest...

DAYTONA BEACH, Fla., July 26, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the second quarter of 2021. Revenues for the second quarter of 2021 under U.S. generally accepted accounting principles (“GAAP”) were $727.3 million, increasing $128.5 million, or 21.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 21.3% and Organic Revenue(1) increasing by 14.7%. Net income was $139.3 million, increasing $42.5 million, or 43.9%, and diluted net income per share increased to $0.49, or 44.1% as compared to the second quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.49, or 44.1%, compared to the second quarter of the prior year. Revenues for the six...

CLEVELAND, July 26, 2021 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2021 fourth quarter and full year earnings before the market opens on Thursday, August 5, 2021, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2021 fourth quarter and full year results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day. Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more...

SYDNEY, Australia, July 26, 2021 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the expansion of its Strategic Communications segment in Australia with the appointment of Renée Law Bertuch as a Senior Managing Director. She will be based in Sydney and report to Robert Skeffington, the Australian Head of Strategic Communications. With over 20 years of experience, Ms. Law Bertuch advises high-profile Australian and global clients on strategic positioning, investor relations, capital market transactions, media relations and crisis and issues management. She also has deep sector expertise in technology, telecommunications, resources, financial services and retail. Ms. Law Bertuch joins from Cannings Strategic Communications, where she headed the firm as Chief Executive Officer for over five years and led her team...

NEWS RELEASE July 26, 2021 Sun Communities, Inc. Reports 2021 Second Quarter Results Southfield, MI, July 26, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, (collectively, the “properties”), today reported its second quarter results for 2021. Financial Results for the Quarter and Six Months Ended June 30, 2021 For the quarter ended June 30, 2021, total revenues increased $300.6 million, or 99.1 percent, to approximately $603.9 million compared to $303.3 million for the same period in 2020. Net income attributable to common stockholders increased $51.9 million or 88.0...

FORT WORTH, Texas, July 26, 2021 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its second quarter 2021 financial results. Highlights –Realizations before index hedges of $3.25 per mcfe, or approximately $0.41 above NYMEX natural gas Pre-hedge NGL realization of $27.92 per barrel, highest since 2014 NGL differential of $2.24 per barrel above Mont Belvieu Natural gas differentials, including basis hedging, averaged $0.39 per mcf below NYMEX All-in second quarter capital spending was $120 million, approximately 28% of the annual budget Production averaged 2.10 Bcfe per day, approximately 31% liquids Redeemed $63.3 million of senior notes and senior subordinated notes due between 2021 and 2023 Reduced total debt outstanding by approximately $66 million Range committed to a pilot project with Project...

GREENWOOD VILLAGE, Colo., July 26, 2021 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”) today announced the Company expects to release its second quarter 2021 financial results and file its Quarterly Report on Form 10-Q for the period ended June 30, 2021 after market close on Monday, August 9, 2021. A conference call to discuss the Company’s financial performance is scheduled to begin at 9:00 a.m. Eastern Time on Tuesday, August 10, 2021. The conference call webcast information will be available via the Investor Resources section of ADES’s website at www.advancedemissionssolutions.com. Interested parties may also participate in the call by registering at http://www.directeventreg.com/registration/event/8253618. A supplemental investor presentation...