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Month: September 2021

California Water Service Group Launches New Employee Charitable Donation Matching Program

Program Expands Impact of Employees’ Support for Local Communities and Non-Profits SAN JOSE, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) and its subsidiaries announced today the launch of its new employee charitable donation matching program. The program was created to encourage employees to support non-profit organizations by doubling the impact of their charitable donations with matching contributions from the company. This program furthers the utility’s ongoing commitment to enhance the quality of life for its customers, communities, and employees on a larger scale and longer term, according to President and CEO Martin A. Kropelnicki. The matching program builds upon the company’s existing philanthropic giving program. Contributions will be matched up to $250 per employee per...

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Steelcase Reports Second Quarter Fiscal 2022 Results

Orders grew 24% compared to prior year and 12% compared to first quarter Second quarter revenue impacted by supply chain disruptions, which are expected to persist into third quarter Third price increase of fiscal 2022 announced in response to continued significant inflationary pressures Outlook for third quarter reflects revenue growth of 22% to 27% over prior yearGRAND RAPIDS, Mich., Sept. 22, 2021 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $724.8 million and net income of $24.7 million, or $0.21 per share. In the prior year, Steelcase reported revenue of $818.8 million and net income of $55.5 million, or $0.47 per share and adjusted earnings of $0.55 per share. In the prior year, revenue benefited from a stronger beginning backlog due to pandemic-related restrictions on manufacturing...

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Credit Acceptance Named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List and a 2021 Michigan’s Best and Brightest in Wellness® Award Winner

Southfield, Michigan, Sept. 22, 2021 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is pleased to announce that we have received two more awards. We’ve been named to the 2021 Metropolitan Detroit’s Best and Brightest Companies to Work For®! List. This award honors organizations that display a commitment to excellence in their human resource practices and team member programs. Companies are evaluated based on categories including communication, work-life balance, employee education, diversity, recognition, retention and more. This marks the tenth straight year that we have received this honor. We’ve also been named a 2021 Michigan’s Best and Brightest in Wellness Award winner. This honor recognizes, celebrates and spotlights...

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Columbia Banking System and Bank of Commerce Holdings Announce Shareholder and Regulatory Approvals and Anticipated Merger Closing Date

TACOMA, WA and SACRAMENTO, CALIF., Sept. 22, 2021 (GLOBE NEWSWIRE) — Columbia Banking System, Inc. (NASDAQ: COLB, “Columbia”), the holding company for Columbia State Bank, and Bank of Commerce Holdings (NASDAQ: BOCH, “Bank of Commerce”), the holding company for Merchants Bank of Commerce, today jointly announced approval by Bank of Commerce shareholders for their proposed merger, and the receipt of all required regulatory approvals. The merger was announced on June 23, 2021 and the transaction is expected to be completed on or about October 1, 2021. Ninety-eight percent of the Bank of Commerce Holdings common shares voting at Bank of Commerce’s special meeting voted in favor of the merger, representing more than 63% of all outstanding Bank of Commerce Holdings common shares. Clint Stein, President and Chief Executive Officer of...

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MEDIROM Healthcare Technologies Inc., Announces Acquisition of ZACC Kabushiki Kaisha

NEW YORK, Sept. 22, 2021 (GLOBE NEWSWIRE) — MEDIROM Healthcare Technologies Inc. (Nasdaq CM: MRM), a Japanese-based holistic healthcare Company (the “Company” or “MEDIROM”), today announced that it has entered into a share transfer agreement (the “Agreement”) with all of the existing shareholders of ZACC Kabushiki Kaisha (“ZACC”), a Japanese hair salon operator of “ZACC” brand, pursuant to which it will acquire 100% of the shares of ZACC through a two-stage acquisition for total consideration of 370,000,000 Japanese yen (which we refer to as “¥”) ($3,362,108.13). ZACC owns and operates three (3) luxury hair salon brands, ZACC vie, ZACC raffine, and Zacc ginza, all of which has been recognized by customers for over 30 years for their high level of techniques and hospitality. “We continue to pursue the growth of our business by acquiring...

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Gaming Market Worth $545.98 Billion by [2021-2028] | Fortune Business Insights™

Top companies covered in the gaming market report are Microsoft Corporation (Redmond, Washington, United States), Nintendo Co., Ltd (Kyoto, Japan), Rovio Entertainment Corporation (Espoo, Finland), Nvidia Corporation (California, United States), Valve Corporation (Washington, United States), PlayJam Ltd (London, United Kingdom), Electronic Arts Inc (California, United States), Sony Group Corporation (Tokyo, Japan), Bandai Namco Holdings Inc (Tokyo, Japan), Activision Blizzard, Inc (California, United States) and more players profiled. Pune, India, Sept. 22, 2021 (GLOBE NEWSWIRE) — The gaming market is fragmented by major companies that are focusing on maintaining their presence. They are doing so by proactively investing in R&D activities to develop engaging online video games. Additionally, other key players are adopting...

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Inventronics Declares Dividend

CALGARY, Alberta, Sept. 22, 2021 (GLOBE NEWSWIRE) — Inventronics Limited (“Inventronics” or the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, electric transmission, cable television and other industries in North America, today announces that its Board of Directors has declared a special dividend of Canadian $0.20 per common share to be paid on November 3, 2021 to shareholders of record on October 14, 2021. These dividends are designated as “eligible dividends” for Canadian income tax purposes. About Inventronics Inventronics Limited designs and manufactures enclosures and other products for an array of customers in the telecommunications, electric utility, cable television, energy, electronics and computer services industries in North America. The Corporation owns its ISO...

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Kiwetinohk Resources Completes Strategic Combination With Distinction Energy to Form Kiwetinohk Energy

CALGARY, Alberta, Sept. 22, 2021 (GLOBE NEWSWIRE) — Kiwetinohk Energy Corp. (“Kiwetinohk” or the “Corporation”) is pleased to announce that it has emerged, as prescribed, from the closure of the business combination of Kiwetinohk Resources Corp. (“KRC“) and Distinction Energy Corp. (“Distinction“) (the “Business Combination“). The Business Combination creates a larger, more efficient and diversified integrated energy company that is positioned to compete in the transition of energy sources with lower associated emissions of greenhouse gases. The Corporation will now operate as Kiwetinohk Energy Corp. Kiwetinohk is now a reporting issuer under applicable Canadian securities laws and its public filings may be accessed under its profile at www.sedar.com. Kiwetinohk’s strategic target...

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The EPS and TELUS partner to build four Buy and Sell Exchange Zones to make online transactions safer

The EPS partnered with TELUS to equip four police stations with Buy and Sell Exchange Zones for citizens to safely complete their in-person online sale or purchase transactions EDMONTON, Alberta, Sept. 22, 2021 (GLOBE NEWSWIRE) — Today, the Edmonton Police Service (EPS) and TELUS announce the availability of four Buy and Sell Exchange Zones across the city to help citizens safely complete their online transactions. Located at police stations across Edmonton and equipped with 24/7 video surveillance, these Exchange Zones offer a safer place for buyers and sellers to meet. In March 2020, the EPS launched its first Buy and Sell Exchange Zone with TELUS at EPS’ Southwest Division. The pilot proved successful and, thanks to TELUS’ commitment to provide the technology required, three additional EPS divisions are now outfitted with two...

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Soup Market to Reach $21 Billion Forecast [2020-2027] | Fortune Business Insights™

Top companies covered in soup market are The Campbell Soup Company, Nestlé S.A, Baxters, Food Group Limited, General Mills, Inc., Conagra Brands, Inc., Premier Foods Group Limited, The Kraft Heinz Company, Hindustan Unilever Limited, Ottogi Co., Ltd, Associated British Foods plc, and more players profiled Pune, India, Sept. 22, 2021 (GLOBE NEWSWIRE) — The global soup market reports further observe that the market was worth $16.12 billion in 2019. Soup is a type of liquid food that is typically served warm or hot that includes a combination of several vegetables or meat along with added water. It is believed that this liquid food is one of the oldest cooking food products. The oldest soup dates back to over 20,000 BC and since then has evolved in terms of ingredients and taste. The global soup market size is expected to foresee...

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