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Month: August 2021

Alliant Energy Announces Second Quarter 2021 Results

Second quarter earnings per share were $0.57 in 2021 versus $0.54 in 2020 With strong year-to-date results, currently tracking toward the upper half of 2021 earnings guidance range of $2.50 to $2.64MADISON, Wis., Aug. 05, 2021 (GLOBE NEWSWIRE) — Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended June 30 as follows:  GAAP EPS    2021     2020Utilities and Corporate Services $ 0.51     $ 0.48  American Transmission Company (ATC) Holdings   0.03       0.04  Non-utility and Parent   0.03       0.02  Alliant Energy Consolidated $ 0.57     $ 0.54  “Our purpose-driven strategy has once again delivered solid financial and operating results,” said John Larsen, Alliant Energy Chair,...

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Interfor Reports Record Q2’21 Results

EBITDA1 of $611 million on Sales of $1.1 billion Net Cash Position and Available Liquidity of $1.2 billion BURNABY, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) recorded Net earnings in Q2’21 of $419.2 million, or $6.45 per share, compared to $264.5 million, or $4.01 per share in Q1’21 and $3.2 million, or $0.05 per share in Q2’20. Adjusted net earnings in Q2’21 were $433.5 million compared to $270.6 million in Q1’21 and $10.6 million in Q2’20. Robust lumber prices in North America and strong operating performance during the second quarter of 2021 led to Interfor realizing record financial results, including records for Net earnings, Adjusted EBITDA and cash flow from operations. Adjusted EBITDA was $611.3 million on sales of $1.1 billion in Q2’21 versus $392.1...

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UPS Announces Quarterly Dividend and $5 Billion Share Repurchase Program

ATLANTA, Aug. 05, 2021 (GLOBE NEWSWIRE) — UPS (NYSE: UPS) today announced its regular quarterly dividend of $1.02 per share on all outstanding Class A and Class B shares. The dividend is payable September 9, 2021 to shareowners of record on August 23, 2021.  In addition, the Company announced that its Board of Directors has approved a new share repurchase program of $5.0 billion, replacing its existing $2.1 billion authorization. Carol Tomé, UPS chief executive officer, commented, “Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. As previously disclosed, we expect to continue paying regular cash dividends, with a targeted dividend payout ratio, starting in 2022, of approximately 50% of our prior year’s adjusted net income. In addition, we are pleased that the Board...

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Nova Leap Health Corp. Posts Record Revenues for Second Quarter 2021

NLH Q2-2021 RevenueNLH Q2-2021 RevenueNLH Q2-2021 Adjusted EBITDA GraphNLH Q2-2021 Adjusted EBITDA GraphNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Aug. 05, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce the release of financial results for the second quarter ended June 30, 2021. All amounts are in United States dollars unless otherwise specified. Nova Leap Second Quarter of 2021 Highlights for the second quarter ended June 30, 2021 included the following:Second quarter revenues were the highest in the Company’s history; Q2 2021 revenues of $5,085,445...

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Swiss Water Reports Strong Second Quarter Volume and Revenue

VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX– SWP) (“Swiss Water” or “the company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and six months ended June 30, 2021. Three and Six Months ended June 30, 2021 Financial and Operational HighlightsSecond quarter revenue was $28.8 million, an increase of 9% or $2.4 million, when compared to the same period in 2020. Year-to-date revenue grew strongly and was $54.4 million, an increase of 13% or $6.3 million. Quarterly and year-to-date volumes increased by 4% and 8%, respectively, compared to the same periods last year reflecting new customer acquisition and organic growth with existing customers as the food service economy opens up again. The company’s...

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INDUS Announces Closing on the Acquisition of a 139,500 SF Industrial/Logistics Building in Lakeland, FL

NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) — INDUS Realty Trust, Inc. (Nasdaq: INDT) (“INDUS” or the “Company”), a U.S. based industrial/logistics REIT, announced today that it has completed the acquisition of a fully leased, 139,500 square foot industrial/logistics building in Lakeland, Florida (the “Lakeland Acquisition”). The Company used cash on hand to pay the $17.8 million purchase price, which equates to an in-place cash capitalization rate of approximately 4.0%. Michael Gamzon, President and Chief Executive Officer of INDUS, commented, “We are very excited to expand our presence in Central Florida, a market that continues to benefit from strong population and economic growth. We believe we have the opportunity to meaningfully increase rents to market rates upon the expiration of tenant leases, which have a weighted average...

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Star Bulk Carriers Corp. Reports Net Profit of $124.2 Million for the Second Quarter of 2021; Declares Quarterly Dividend of $0.70 per Share and Announces Share Repurchase Program of Up to $50.0 Million

ATHENS, Greece, Aug. 05, 2021 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the second quarter of 2021. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights(Expressed in thousands of U.S. dollars, Second quarter Second quarter Six months ended Six months endedexcept for daily rates and per share data) 2021 2020 June 30, 2021 June 30, 2020Voyage Revenues $311,411 $146,134 $511,878 $306,996Net...

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Translate Bio Announces Second Quarter 2021 Financial Results and Provides Corporate Update

— Entered into a definitive agreement under which Sanofi will acquire, subject to customary conditions to closing, all outstanding shares of Translate Bio with a goal of advancing deployment of mRNA technology across vaccines and therapeutics development — — Advanced mRNA infectious disease vaccine programs, including Sanofi Pasteur initiation of influenza clinical trial; clinical trial results from two mRNA vaccines anticipated this year — — Continued progress in development of mRNA therapeutics for pulmonary diseases including preclinical next-generation cystic fibrosis (CF) and primary ciliary dyskinesia (PCD) programs — LEXINGTON, Mass., Aug. 05, 2021 (GLOBE NEWSWIRE) — Translate Bio (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially...

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RAK Petroleum plc Releases Half-Year Financial Report for the Period Ended 30 June 2021

United Kingdom, 6 August 2021 RAK Petroleum plc, the Oslo-listed oil and gas investment company, today released its Half-Year Financial Report for the period ended 30 June 2021.  A copy is attached and is available at http://www.rakpetroleum.uk/Investor-relations/Reports-and-presentations/Financial-reporting/Annual-reports. For further queries, please contact: Kevin TonerManaging DirectorRAK Petroleum plcEmail: kevin.toner@rakpetroleum.uk About RAK Petroleum plc RAK Petroleum plc is an Oslo Stock Exchange listed oil and gas investment company established under the laws of England and Wales as a public limited company. Its principal holdings are 44.94 percent of DNO ASA and 33.33 percent of Foxtrot International LDC held through Mondoil Enterprises, LLC.  DNO ASA is a Norwegian oil and gas operator focused on the Middle East and the North...

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Federal Court of Appeal overturns Tax Court of Canada decision

VANCOUVER, British Columbia, Aug. 05, 2021 (GLOBE NEWSWIRE) — Deans Knight Income Corporation (the “Company”) announces that the Federal Court of Appeal has overturned the decision of the Tax Court of Canada dated April 5, 2019, and confirmed the Canada Revenue Agency’s reassessments. The result is that the deduction of the Company’s tax attributes in its 2009 to 2012 taxation years have been denied on the basis of the General Anti-Avoidance Rule in the Income Tax Act (Canada). The Company’s consequential tax liability for the 2009 to 2012 taxation years is approximately $22.7 million, including arrears interest and penalties. In order to limit additional interest and penalties from accruing during the litigation process, the Company prepaid all amounts owing under the reassessments to the CRA in 2014. The...

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