Day: August 23, 2021

Kadant Acquires Leading U.S. Baler Manufacturer

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

WESTFORD, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE:KAI) today announced it has completed its acquisition of Balemaster for $54 million in cash, subject to certain customary adjustments. Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used primarily for recycling packaging waste at corrugated box plants and large retail and distribution centers. The company’s revenue for the trailing twelve months ended June 30, 2021 was approximately $22 million. Balemaster will become part of Kadant’s Material Handling reporting segment. “Our acquisition of Balemaster expands our presence in the secondary material processing sector and creates new opportunities for leveraging our high-performance balers produced in Europe,” said Jeffrey L. Powell, president and chief executive officer of Kadant...

Voxtur Strengthens Its Cloud-Based Valuation Management Platform With Acquisition of Xome Valuations

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

Voxtur executes purchase agreement for Xome Valuations, a leading provider of valuation management products and services to clients in the residential real estate sector TAMPA, Fla., and TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR – OTCQB: VXTRF) (“Voxtur” or the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary, Voxtur Analytics US Corp., has executed a purchase agreement (the “Agreement”) for the acquisition of all of the issued and outstanding membership interests (the “Acquisition”) of Xome Services LLC and Xome Valuation Services LLC (collectively, “Xome Valuations”). Xome Valuations is a leading provider of valuation management products and services to clients in the residential real estate sector. Together, Voxtur’s technology platform and Xome Valuations’ brand and...

Mechanical Technology, Incorporated Announces Closing of Upsized $18 Million Preferred Stock Offering

Written by Customer Service on August 23, 2021. Posted in Public Companies.

ALBANY, N.Y., Aug. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Mechanical Technology, Incorporated (“MTI” or the “Company”), (NASDAQ: MKTY), the parent company of EcoChain, Inc. (“EcoChain”), a cryptocurrency mining business powered by renewable energy, and MTI Instruments, Inc. (“MTI Instruments”), a test and measurement instruments and systems business, today announced the closing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), at a price to the public of $25.00 per share for aggregate gross proceeds of $18,000,000. Net proceeds to the Company, after payment of underwriting discounts and fees and estimated offering...

DLC Releases Q2-2021 Results; Achieves $35.3 Billion in Funded Volumes YTD, Representing a 77% Increase Over the Prior Year

Written by Customer Service on August 23, 2021. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 23, 2021 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSXV:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three and six months ended June 30, 2021 (“Q2-2021”). For complete information, readers should refer to the interim financial statements and management discussion and analysis (“MD&A”) which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. Reference herein to the Dominion Lending Centres Group of Companies (the “DLC Group” or “Core Business Operations”) includes the Corporation and its three main subsidiaries, MCC Mortgage Centres Canada Inc. (“MCC”), MA Mortgage Architects Inc. (“MA”), and Newton Connectivity Systems Inc. (“Newton),...

JOANN Announces Dividend

Written by Customer Service on August 23, 2021. Posted in Dividend Reports And Estimates.

HUDSON, Ohio, Aug. 23, 2021 (GLOBE NEWSWIRE) — The Board of Directors of JOANN (NASDAQ: JOAN) has declared a quarterly dividend of 10 cents per common share. The dividend is payable on September 24, 2021 to shareholders of record at the close of business September 10, 2021. About JOANN For more than 75 years, JOANN has inspired creativity in the hearts, hands, and minds of its customers. From a single storefront in Cleveland, Ohio, the nation’s category leader in sewing and fabrics and one of the fastest growing competitors in the arts and crafts industry has grown to include 853 stores across 49 states and robust e-commerce business. With the goal of helping every customer find their creative Happy Place, JOANN serves as a convenient single source for all of the supplies, guidance, and inspiration needed to achieve any project...

Riot Blockchain Reports Record Second Quarter 2021 Financial Results, Current Operational and Financial Highlights

Written by Customer Service on August 23, 2021. Posted in Earnings Releases And Operating Results.

Castle Rock, CO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot” or the “Company”), one of the leading Nasdaq-listed public Bitcoin (“BTC”) mining companies in the United States, reported financial results as of and for the three-months ended June 30, 2021. The unaudited financial statements are available on Riot’s website and here.Increased mining revenue by 1,540% to a record $31.5 million for the three-month period ended June 30, 2021, as compared to $1.9 million for the same three-month period in 2020. Increased mining revenue margin to 70% for the three-month period ended June 30, 2021, as compared to 25% for the same three-month period in 2020. Produced record net income of $19.3 million, or $0.22 per share for the three-month period ended June...

Mulvihill Premium Yield Announces Semi-Annual Results

Written by Customer Service on August 23, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Mulvihill Premium Yield Fund (the “Fund”) announces results of operations for the period ended June 30, 2021. Increase in net assets attributable to holders of Class I units amounted to $0.97 million or $0.87 per Class I unit, increase in net assets attributable to holders of Class F units amounted to $0.53 million or $0.88 per Class F unit and increase in net assets attributable to holders of Class A units amounted to $0.03 million or $0.94 per Class A unit. As at June 30, 2021, net assets attributable to holders of Class I units were $13.00 million or $11.11 per Class I unit; net assets attributable to holders of Class F units were $6.94 million or $11.11 per Class F unit and net assets attributable to holders of Class A units were $0.53 million or $10.88 per Class A unit. Distributions...

Hill International to Present Virtually and Host One-on-One Meetings at the 12th Annual Midwest IDEAS Conference

Written by Customer Service on August 23, 2021. Posted in Public Companies.

PHILADELPHIA, Aug. 23, 2021 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE: HIL), delivering the infrastructure of change, announced today that CEO Raouf Ghali and CFO Todd Weintraub will participate in the virtual Midwest IDEAS Investor Conference being held August 25-26. Management will host one-on-one meetings with investors throughout the day on August 25. A webcast of management’s presentation is scheduled to be available at 7:00 a.m. CDT on August 25, 2021 and may be accessed via the “Investor Relations” section of Hill’s website at www.hillintl.com and on the conference site at www.IDEASconferences.com. About Hill International Hill International, with more than 2,900 professionals in 72 offices worldwide, provides program management, project management, construction management, facilities management, and other consulting...

Microchip Technology to Present at the BMO 2021 Technology Summit

Written by Customer Service on August 23, 2021. Posted in Public Companies.

CHANDLER, Ariz., Aug. 23, 2021 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the BMO 2021 Technology Summit on Wednesday, August 25, 2021, at 9:00 a.m. (Eastern Time). Presenting for the Company will be Mr. Ganesh Moorthy, President and CEO, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcast of the presentation will be made available by BMO, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings can be obtained for...

California Water Service Announces Support for Setting Public Health Goals for “Forever Chemicals” in Drinking Water

Written by Customer Service on August 23, 2021. Posted in Public Companies.

SAN JOSE, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) — (NYSE: CWT)—Continuing its track record as an industry leader in providing a reliable supply of clean, safe, and affordable drinking water, California Water Service (Cal Water) today announced its support of state efforts to set public health goals for two of the most prominent “forever chemicals” found in drinking water. “As a water provider, maintaining safe, clean drinking water is paramount and our No. 1 priority,” said Martin A. Kropelnicki, Cal Water President and CEO. “Our customers depend on us to provide high-quality drinking water. That’s why Cal Water is already taking steps designed to protect our customers from ‘forever chemicals.’” In July, the California State Office of Environmental Health Hazard Assessment (OEHHA) proposed establishing stringent public health goals...

Day: August 23, 2021

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