Day: August 18, 2021

AirBoss Provides Updated Outlook Following Announcement of Ace Elastomer Acquisition

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

NEWMARKET, Ontario, Aug. 18, 2021 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced an update to its previously disclosed outlook for full-year 2021, as disclosed on May 12, 2021 and as recently reiterated on August 10, 2021. All dollar ($) amounts are in U.S. dollars. The acquisition of Ace Elastomer, Inc. (“Ace”), which was announced by the Company earlier today, is expected to have a positive but nominal impact on the Company’s outlook for 2021, given the expected timing for closing of this transaction. Accordingly, the Company’s 2021 outlook remains as follows:Revenues in the range of $630 to $710 million, reflecting growth of approximately 25% – 41% over 2020 Adjusted EBITDAi margin in the range of 15.0% – 15.5% Adjusted Earnings per...

Titanium Dioxide Market worth USD 34.47 Billion by 2028, registering a CAGR of 8.92% – Report by Market Research Future (MRFR)

Written by Customer Service on August 18, 2021. Posted in Mergers And Acquisitions.

New York, Aug. 19, 2021 (GLOBE NEWSWIRE) — Titanium Dioxide (TiO2) Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Titanium Dioxide Market Information-by Application, End User and Region Forecast till 2028” the market size is projected to be worth USD 34.47 Billion by 2028, registering a CAGR of 8.92% during the forecast period (2021 – 2028), The market was valued at USD 21.37 billion in 2020. Market Scope: Titanium dioxide (TiO2) is a non-toxic, inert substance that has been utilized in a variety of applications for decades. However, as nanotechnologies advance, TiO2 nanoparticles with a variety of novel and valuable properties are being created and used more frequently. As a result, higher human and environmental exposure is likely, putting TiO2 nanoparticles under toxicological...

JOYY Reports Second Quarter 2021 Unaudited Financial Results

Written by Customer Service on August 18, 2021. Posted in Earnings Releases And Operating Results.

SINGAPORE, Aug. 19, 2021 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, today announced its unaudited financial results for the second quarter 2021. Second quarter 2021 Financial Highlights1Net revenues increased by 39.7% to US$661.7 million from US$473.5 million in the corresponding period of 2020. Net loss from continuing operations attributable to controlling interest of JOYY2 was US$109.3 million, compared to US$28.5 million in the corresponding period of 2020. Non-GAAP net loss from continuing operations attributable to controlling interest and common shareholders of JOYY3 decreased by 99.1% to US$0.5 million from US$50.5 million in the corresponding period of 2020, primarily as a result of BIGO turning a profit in this quarter.Second...

Global Indemnity Group, LLC Issues Letter to Investor

Written by Customer Service on August 18, 2021. Posted in Public Companies.

BALA CYNWYD, Penn., Aug. 18, 2021 (GLOBE NEWSWIRE) — Global Indemnity Group, LLC (NASDAQ:GBLI) (the “Company”), parent company of specialty property and casualty insurance providers Penn-America Group®, United National Group®, Diamond State Group®, American Reliable Insurance Company®, and Collectibles Insurance Services™, today issued the following letter to Harbert Discovery Fund, LP (the “Investor”) in response to a recent letter from the Investor: Dear Mr. Lucas: We refer to your letter to the Chairman of our Board of Directors, dated August 12, 2021. While we thank you for your continued interest in Global Indemnity Group, LLC (“GBLI”), we must nevertheless inform you, and must caution holders of GBLI securities as well as others who may be interested in investing in GBLI securities, that your August 12, 2021 letter to the...

Coherus and Junshi Biosciences Announce Positive Interim Results of CHOICE-01, a Phase 3 Clinical Trial Evaluating Toripalimab in Combination with Chemotherapy as First-Line Treatment for Non-Small Cell Lung Cancer

Written by Customer Service on August 18, 2021. Posted in Public Companies.

– Toripalimab plus chemotherapy met primary endpoint with significant improvement in PFS compared to chemotherapy alone – – Data support the use of toripalimab with chemotherapy as first-line therapy for patients with NSCLC – – Study to be presented September 13 at IASLC 2021 World Conference on Lung Cancer – SHANGHAI, China and REDWOOD CITY, Calif., Aug. 18, 2021 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd. (“Junshi Biosciences”, HKEX: 1877; SSE: 688180) and Coherus BioSciences, Inc. (“Coherus”, Nasdaq: CHRS), today announced positive interim results from the pivotal study “CHOICE-01” (NCT03856411), a randomized, double-blind, placebo-controlled Phase 3 clinical trial evaluating toripalimab plus chemotherapy as first-line treatment of advanced squamous or non-squamous non-small cell lung cancer...

UPDATE — Roc Nation Sports and GameSquare Create Esports Gaming Partnership for Athletes, Brands and Properties

Written by Customer Service on August 18, 2021. Posted in Public Companies.

Gaming Community Network to work with Roc Nation Sports’ star-studded athletes to expand their presence in gaming and esports TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — Roc Nation Sports (“Roc Nation Sports”), the full-service management and sports agency, and the Gaming Community Network (“GCN”), part of the GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (“GameSquare” or the “Company”) group of companies, have partnered to create global gaming solutions for athletes. As part of the multi-year partnership, the collaboration is intended to create authentic bespoke athlete-centric strategies, including esports tournaments, gaming content production, live streaming events, and provide content syndication across the GCN Network which includes 85+ gaming and esports-centric websites. “Partnering with Roc Nation Sports continues...

Cordy Oilfield Services Inc. Reports Second Quarter Results

Written by Customer Service on August 18, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 18, 2021 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) released today its second quarter results. ANALYSIS OF CONSOLIDATED RESULTS OF OPERATIONS Three months ended June 30, Six months ended June 30,($ 000’s) 2021 2020 ($) Change 2021 2020 ($) ChangeRevenue Environmental Services 5,997 2,043 3,954 12,458 9,533 2,925 Heavy Construction 108 63 45 144 212 (68 )Corporate – 8 (8 ) – 15 (15 ) 6,105 2,114 3,991 12,602 9,760 2,842 Direct operating expenses Environmental Services 3,835 1,320 2,515 8,975 7,117 1,858 Heavy Construction 70 26 44 100 98 2 Corporate – – – – – – 3,905 1,346 2,559 9,075 7,215 1,860 General...

Enstar Group Limited Announces Pricing of $500 Million of Senior Notes Due 2031

Written by Customer Service on August 18, 2021. Posted in Public Companies.

HAMILTON, Bermuda, Aug. 18, 2021 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the pricing of $500 million aggregate principal amount of its 3.100% Senior Notes due 2031 (the “Notes”). The offering is expected to close on August 24, 2021, subject to satisfaction of customary closing conditions. Enstar intends to use the net proceeds from the offering to fund the purchase of its 4.500% Senior Notes due 2022 validly tendered and accepted for purchase in the tender offer announced on August 16, 2021, and to use any remaining net proceeds for general corporate purposes, including, but not limited to, repayment of borrowings under its revolving credit facility, funding for acquisitions, working capital and other business opportunities. Wells Fargo Securities, Barclays and HSBC are acting as joint...

Purpose Investments Inc. Announces August Distributions

Written by Customer Service on August 18, 2021. Posted in Dividend Reports And Estimates.

TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of August 2021. The ex-distribution date for all ETFs is August 26, 2021, with the exception of Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of August 30, 2021. The ex-distribution date for all closed-end funds is August 30, 2021.Open-End Funds TickerSymbol Distributionpershare/unit RecordDate PayableDate DistributionFrequencyPurpose Core Dividend Fund – ETF Series PDF $0.08501 08/27/2021 09/08/2021 MonthlyPurpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 08/27/2021 09/08/2021 MonthlyPurpose Total Return Bond Fund – ETF Series PBD $0.05201 08/27/2021 09/08/2021 MonthlyPurpose Real Estate Income Fund – ETF Series PHR $0.07201 08/27/2021 09/08/2021 MonthlyPurpose...

Aerojet Rocketdyne Expands Los Angeles Facility for NASA’s Moon and Mars Rocket

Written by Customer Service on August 18, 2021. Posted in Public Companies.

Aerojet Rocketdyne LA Ribbon Cutting 8-18-21Aerojet Rocketdyne cuts the ribbon on an extension to the company’s Los Angeles rocket production facility that will support NASA’s Space Launch System rocket and Artemis program. Pictured left to right: Jim Maser, Aerojet Rocketdyne Sr. Vice President of Space; Johnny Heflin, Manager of NASA’s Space Launch System Liquid Engines Office; Eileen P. Drake, Aerojet Rocketdyne CEO and President; Congressman Brad Sherman (D-CA); Dr. Paul McConnaughey, Senior Advisor, NASA Human Exploration and Operations Mission Directorate; Fernando Vivero, Aerojet Rocketdyne Los Angeles Site Lead.LOS ANGELES, Aug. 18, 2021 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has finished a major expansion of its Los Angeles facility to support production of new-generation RS-25 main engines for NASA’s Space...

Day: August 18, 2021

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