Peduzzi to Become President & Chief Operating Officer of CNB Bank

Written by Customer Service on August 31, 2021. Posted in Public Companies.

CLEARFIELD, Pa., Aug. 31, 2021 (GLOBE NEWSWIRE) — CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced today that Michael D. Peduzzi has been appointed as President and Chief Operating Officer (“COO”) of CNB Bank. “Mike brings superb financial skills and a deep knowledge of banking to CNB,” said Peter Smith, Chairperson of the Board of Directors of CNB Bank. “He understands the investor community and projects leadership, integrity and empathy. Ten minutes into our first meeting, I knew he was a good fit. Mike will be a great addition to our team, and I look forward to working with him.” Mr. Peduzzi has over 34 years’ experience in banking and financial services, having most recently served as Senior Executive Vice President & Chief Financial Officer of a Pennsylvania community bank. During...

Palomar Holdings, Inc. Announces Virtual Participation at Barclays Global Financial Services Conference

Written by Customer Service on August 31, 2021. Posted in Public Companies.

LA JOLLA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (the “Company”) today announced that Mac Armstrong, Chairman and Chief Executive Officer, and Chris Uchida, Chief Financial Officer, will participate in a fireside chat at the Barclays Global Financial Services Conference at 2:00 p.m. Eastern Time on Monday, September 13, 2021. Interested investors and other parties can access a live webcast of the presentation by visiting the Investors section of Palomar’s website at https://ir.plmr.com/. An online replay will be available on the same website following the presentation. Management will also be available for one-on-one and small group meetings with investors. About Palomar Holdings, Inc. Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”),...

2021 Top Workplace Honor Marks Decade of Recognition for California Water Service Group by Bay Area News Group

Written by Customer Service on August 31, 2021. Posted in Public Companies.

SAN JOSE, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — For the 10th consecutive year, the Bay Area News Group has named California Water Service Group (Group) (NYSE: CWT) one of the Top Workplaces in the Bay Area. This distinction was awarded based on input from local employees of Group’s largest subsidiary, California Water Service (Cal Water). The utility—which was already heralded as a top employer due to its opportunities for growth, competitive compensation and benefits package, and ethics, among other reasons—further enhanced support for its employees during the ongoing pandemic. Group took comprehensive steps to ensure its essential workers’ safety while most people were able to stay home; provided 15 days of COVID-specific sick leave to allow employees to take care of themselves, children, or ill family members; kept team members...

SomaLogic expands leadership team with new positions to drive commercial success

Written by Customer Service on August 31, 2021. Posted in Public Companies.

NEW YORK and BOULDER, Colo., Aug. 31, 2021 (GLOBE NEWSWIRE) — CM Life Sciences II (NASDAQ: CMIIU) and SomaLogic, a leader in AI data-driven proteomics technology, today announced the recent appointments of Todd Johnson as Executive Vice President of Business Development and Strategy and Ruben Gutierrez, J.D. as General Counsel. In these roles, they will support SomaLogic’s efforts to expand its commercial growth and deliver on the power of proteomics. “We are honored to have these highly accomplished industry leaders joining us at an exciting time in SomaLogic’s commercial expansion,” said SomaLogic President and Chief Operating Officer Melody Harris. “Todd and Ruben have the expertise and experience we need to move forward in the next evolution of our business.” Todd Johnson will oversee SomaLogic’s portfolio of commercial partnerships....

Capital Product Partners L.P. Announces the Acquisition of Three Latest Generation LNG Carriers

Written by Customer Service on August 31, 2021. Posted in Mergers And Acquisitions.

Transaction illustrates the continued transition of CPLP to a growth-oriented Partnership with assets in the most attractive seaborne transportation sectors Transaction highly accretive across multiple financial and qualitative metrics Partnership has option to purchase three additional Liquefied Natural Gas Carriers (“LNG/C”) Important step towards reducing the environmental footprint of the Partnership and being part of the transition to carbon neutral shipping. ATHENS, Greece, Aug. 31, 2021 (GLOBE NEWSWIRE) — Capital Product Partners L.P. (the “Partnership,” “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it has agreed to acquire three 174,000 cubic meter (“cbm”) latest generation X-DF LNG carriers from CGC Operating Corp. (the “Seller”), for total consideration...

Ambarella, Inc. Announces Second Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., Aug. 31, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced financial results for its second quarter of fiscal year 2022 ended July 31, 2021. Revenue for the second quarter of fiscal 2022 was $79.3 million, up 58% from $50.1 million in the same period in fiscal 2021. For the six months ended July 31, 2021, revenue was $149.5 million, up 43% from $104.8 million for the six months ended July 31, 2020. Gross margin under U.S. generally accepted accounting principles (GAAP) for the second quarter of fiscal 2022 was 62.3%, compared with 61.8% for the same period in fiscal 2021. For the six months ended July 31, 2021, GAAP gross margin was 62.3%, compared with 60.1% for the six months ended July 31, 2020. GAAP net loss for the second quarter of fiscal 2022 was $7.2...

Connect Biopharma Provides Business Update and Reports First Half 2021 Financial Results

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

– On Track to Report CBP-201 Phase 2B Top-Line Data Evaluating Moderate-to-Severe Atopic Dermatitis (AD) in Q4 of 2021 – – Cash Balance of RMB 2,025.0 Million (USD 313.5 Million) at June 30, 2021 – SAN DIEGO, CA and TAICANG, SUZHOU, China, Aug. 31, 2021 (GLOBE NEWSWIRE) — Connect Biopharma Holdings Limited (Nasdaq: CNTB) (“Connect Biopharma” or the “Company”), a global clinical-stage biopharmaceutical company dedicated to improving the lives of patients with chronic inflammatory diseases through the development of therapies derived from T cell-driven research, today announced financial results for the six months ended June 30, 2021 and recent corporate highlights. “The first half of 2021 marked the achievement of a number of key milestones for Connect, including the transition to a public company with...

Paycor HCM, Inc. Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on August 31, 2021. Posted in Earnings Releases And Operating Results.

Q4 Recurring and Other Revenue of $87.6 million, an increase of 21% year-over-year Q4 Total Revenue of $88.0 million, an increase of 20% year-over-year Q4 Total Bookings of $31.2 million, an increase of 79% year-over-year FY21 Recurring and Other Revenue of $351.0 million, an increase of 10% year-over-year FY21 Total Revenue of $352.8 million, an increase of 8% year-over-year FY21 Total Bookings of $115.1 million, an increase of 43% year-over-year CINCINNATI, Aug. 31, 2021 (GLOBE NEWSWIRE) — Paycor HCM, Inc. (NASDAQ: PYCR) (“Paycor HCM,” “Paycor” or the “Company”) today announced its financial results for its fourth quarter and fiscal year 2021, which ended June 30, 2021. “Paycor finished fiscal year 2021 with terrific momentum across our business, highlighted by 21% growth in recurring and other revenue in the fourth quarter...

Tinley’s Facility Receives Provisional Distributor License; Signs with Humboldt Social to Produce “Social Nature” Infused Beverages

Written by Customer Service on August 31, 2021. Posted in Public Companies.

Tinley’s Facility Receives Provisional Distributor License; Signs with Humboldt Social to Produce “Social Nature” Infused Beverages Humboldt Social’s cannabis-friendly venues include the Papa & Barkley Social spa & lounge, and the Scotia Inn, a 100 year-old restored inn located in the Redwood Forest. Humboldt Social’s “Social Nature” cannabis beverages will be produced at The Tinley Beverage Company’s facility in Long Beach, California. THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS. TORONTO and LOS ANGELES, Aug. 31, 2021 (GLOBE NEWSWIRE) — The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“Tinley’s”) is pleased to announce that its facility in Long Beach California has been awarded a ‘Provisional Cannabis Distributor License’ by California’s Department of...

CHINA XD PLASTIC COMPANY LIMITED RECEIVES NASDAQ NOTIFICATION OF NON-COMPLIANCE WITH LISTING RULE 5250(c)(1)

Written by Customer Service on August 31, 2021. Posted in Public Companies.

Harbin, China, Aug. 31, 2021 (GLOBE NEWSWIRE) — China XD Plastic Company Limited (Nasdaq: CXDC, the “Company”) today announced that as expected, it received a letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021 (the “Form 10-Q”) and because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (the “Form 10-K”). The Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Global Market. The Letter states that the Company is required to submit a written update of the...

Month: August 2021

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