Globus Medical Announces First ExcelsiusGPS® Cranial Surgery

Written by Customer Service on September 27, 2021. Posted in Public Companies.

ExcelsiusGPS® 2-in-1 robotic navigation platform used for stereotactic cranial procedure AUDUBON, Pa., Sept. 27, 2021 (GLOBE NEWSWIRE) — Globus Medical, Inc. (NYSE: GMED), a leading musculoskeletal solutions company, today announced the first surgery performed with the ExcelsiusGPS® Cranial Solutions for robot-assisted navigated Deep Brain Stimulation (DBS). Cranial Solutions is the latest evolution of the ExcelsiusGPS® platform, transforming it to a 2-in-1 application system, and is now commercially available in the United States. Dr. Francisco Ponce of Barrow Neurological Institute is the first surgeon to perform a DBS procedure with ExcelsiusGPS®, stating “This platform has been designed by surgeons in collaboration with engineers. It is very intuitive and eliminates the need for the standard arc and frame in the procedure which...

Wolters Kluwer to divest its U.S. legal education business

Written by Customer Service on September 27, 2021. Posted in Mergers And Acquisitions.

Wolters Kluwer to divest its U.S. legal education business September 27, 2021 – Wolters Kluwer Legal & Regulatory U.S. announces that it has signed a binding agreement to sell its U.S. legal education business to Transom Capital Group for $88 million in cash. Wolters Kluwer intends to deploy the post-tax proceeds towards additional share repurchases to mitigate the adjusted EPS dilution related to the disposal. The divestment will allow Wolters Kluwer Legal & Regulatory U.S. to further advance its focus on supporting legal professionals with the domain expertise and state-of-the-art solutions that they need. The U.S. legal education business, which mainly produces textbooks and innovative digital educational solutions for law students, recorded revenues of $33 million in 2020 and is profitable. The iconic red and black books...

Leading Edge Materials Reports Quarterly Results to July 31, 2021

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Vancouver, September 27, 2021 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces third quarter results for the period ending July 31, 2021. All references to dollar amounts in this release are in Canadian dollars unless otherwise specified. Highlights During and After the Quarter During the three months ended July 31, 2021, the Company: On May 5, 2021, the Mining Inspectorate of Sweden decided to reject the mining lease application for the Norra Karr project. The Company subsequently appealed this decision to the Government of Sweden. The Company announced on June 9, 2021, positive preliminary economic assessment results for its Woxna graphite anode project with US$317/US$248 million pre/post-tax NPV and 42.9%/37.4% pre/post-tax IRR. On...

OTTAWA SAVINGS BANK ANNOUNCES COMPLETION OF CONVERSION TO AN ILLINOIS-CHARTERED COMMERCIAL BANK AND NAME CHANGE TO “OSB COMMUNITY BANK”

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Ottawa, Ill., Sept. 27, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), today announced that the Bank has converted from a federally-chartered savings bank to an Illinois-chartered commercial bank. In connection with the charter conversion, the Bank has changed its name to “OSB Community Bank” and the Company has converted from a savings and loan holding company to a bank holding company. Craig Hepner, President and Chief Executive Officer of the Company and the Bank, commented, “We are pleased to have completed our previously announced charter conversion. As we have previously stated, we believe that converting to an Illinois-chartered commercial bank best positions the Bank to compete in the markets we serve and to further execute our business...

Ceylon Graphite Succeeds in Producing High-Performance Coated Spherical Vein Graphite for Lithium-ion Battery Anode Materials

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Out Performs Leading Commercial Producers: Average initial Capacity of 435 mAh/g – Average Reversible Capacity of 382 mAh/g VANCOUVER, British Columbia, Sept. 27, 2021 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it has achieved a significant breakthrough in the performance of its vein graphite anode material (C 99.995%) in coin cells for the lithium-ion (“Li-ion”) battery market. In tests at a leading global, independent facility, WMG, part of the University of Warwick’s Energy Innovation Centre, Ceylon’s vein graphite anode material far exceeded comparable anodes made with standard synthetic commercial graphite. This is the first time in battery research history that commercial spherodized vein graphite materials were tested in a lithium ion...

Concentrix Reports Third Quarter 2021 Results, Raises Double-Digit Revenue Growth Expectations for the Full Year; Company Announces $0.25 per Share Quarterly Dividend, $500 Million Share Repurchase Program

Written by Customer Service on September 27, 2021. Posted in Earnings Releases And Operating Results.

FREMONT, Calif., Sept. 27, 2021 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) solutions and technology, today announced financial results for the fiscal third quarter ended August 31, 2021. Three Months Ended August 31, 2021 August 31, 2020 Change Revenue ($M) $ 1,397.3 $ 1,163.7 20.1 % Operating income ($M) $ 151.4 $ 76.8 97.1 % Non-GAAP operating income ($M) (1) $ 181.6 $ 121.7 49.2 % Operating margin 10.8 % 6.6 % 420 bps Non-GAAP operating margin (1) 13.0 % 10.5 % 250 bps Net income ($M) $ 109.8 $ 45.4 141.9 % Non-GAAP net income ($M) (1) $ 131.7 $ 78.9 66.9 % Adjusted EBITDA ($M) (1) $ 214.8 $ 153.2 40.2 % Adjusted EBITDA margin (1) 15.4 % 13.2 % 220 bps Diluted earnings...

UFP Industries acquires Shelter Products, Inc., expanding its distribution capabilities within its factory-built business unit to the southern U.S.

Written by Customer Service on September 27, 2021. Posted in Mergers And Acquisitions.

GRAND RAPIDS, Mich., Sept. 27, 2021 (GLOBE NEWSWIRE) — UFP Industries (Nasdaq: UFPI) today announced that UFP Distribution, LLC, a wholly owned subsidiary of UFP Construction, LLC, acquired the operating assets of Shelter Products, Inc., in Haleyville, Alabama, for $6.5 million. Shelter Products operates its distribution and logistics business from an 87,800 sq.-ft. warehouse that specializes in manufactured housing industry customers. Shelter Products’ facility is adjacent to a UFP manufacturing facility that supplies trusses to manufactured housing builders, and the proximity will enable additional operational synergies. Shelter Products had sales of $11.4 million in 2020. Stephen Sampson, president and CEO of Shelter Products, will continue to serve the company in a consultative role while assisting with the integration of Shelter...

Globus Maritime Limited Reports Financial Results for the quarter and six-month period ended June 30, 2021

Written by Customer Service on September 27, 2021. Posted in Earnings Releases And Operating Results.

GLYFADA, Greece, Sept. 27, 2021 (GLOBE NEWSWIRE) — Globus Maritime Limited (“Globus”, the “Company”, “we”, or “our”) (NASDAQ: GLBS), a dry bulk shipping company, today reported its unaudited consolidated operating and financial results for the quarter and six-month period ended June 30, 2021. Financial Highlights In H1 2021, Total revenues increased by about 161% compared to H1 2020. The Adjusted EBITDA for H1 2021 increased by about 6.8 million compared to H1 2020. The Total comprehensive loss for H1 2021 decreased by about 94% compared to H1 2020. As of June 30, 2021, and December 31, 2020, our cash and bank balances and bank deposits (including restricted cash) were $78.5 and $21.1 million, respectively, an increase of 272%. As of June 30, 2021, the total outstanding borrowings under our Loan agreements decreased to $34.25...

NexImmune to Present at the 2021 Cantor Virtual Global Healthcare Conference

Written by Customer Service on September 27, 2021. Posted in Public Companies.

GAITHERSBURG, Md., Sept. 27, 2021 (GLOBE NEWSWIRE) — NexImmune, Inc. (Nasdaq: NEXI), a clinical-stage biotechnology company developing a novel approach to immunotherapy designed to orchestrate a targeted immune response by directing the function of antigen-specific T cells, today announced that Scott Carmer, Chief Executive Officer, will present at the 2021 Cantor Virtual Global Healthcare Conference Wednesday, September 29, 2021 at 2:00 PM Eastern time. The webcast will be accessible on the Investor Relations page of NexImmune’s website at Events and Presentations | NexImmune, Inc. A replay of the presentation will be available at the same location for 90 days following the conference. About NexImmune NexImmune is a clinical-stage biotechnology company developing a novel approach to immunotherapy designed to employ the body’s...

Frequency Electronics, Inc. Announces Award of a Contract From The Office of Naval Research for Atomic Clock Development

Written by Customer Service on September 27, 2021. Posted in Public Companies.

MITCHEL FIELD, New York, Sept. 27, 2021 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) announces the Award of a Contract by the Office of Naval Research to Develop the Pulsed Optically-Pumped Rubidium Atomic Frequency Standard. Frequency Electronics was awarded a contract to develop the Pulsed Optically-Pumped Rubidium Atomic Frequency Standard (POPRAFS) for US Government applications on September 23, 2021. Total potential contract value, if all options are exercised, is approximately $17.75M. The base period of performance is two years, with two option periods of two years and one year, respectively. FEI CEO Stan Sloane commented, “We could not be more pleased to have received this contract award. The POPRAFS technology is a game changer for atomic clocks and will result in a significant...

Day: September 27, 2021

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