Day: October 26, 2021

UPS Releases 3Q 2021 Earnings

Written by Customer Service on October 26, 2021. Posted in Public Companies.

Consolidated Revenues of $23.2B, Up 9.2% from Last Year Consolidated Operating Profit of $2.9B, Up 22.6% from Last Year; Up 23.4% on an Adjusted* Basis Diluted EPS of $2.65, Up 18.3% from Last Year; Adjusted Diluted EPS Up 18.9% to $2.71 Company Raises Full-Year 2021 Financial GuidanceATLANTA, Oct. 26, 2021 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) today announced third-quarter 2021 consolidated revenue of $23.2 billion, a 9.2% increase over the third quarter of 2020. Consolidated operating profit was $2.9 billion, up 22.6% compared to the third quarter of 2020, and up 23.4% on an adjusted basis. Diluted earnings per share were $2.65 for the quarter, 18.3% above the same period in 2020, and up 18.9% on an adjusted basis. For the third quarter of 2021, GAAP results include after-tax transformation and other charges of $54 million, equivalent...

Provident Financial Holdings Reports First Quarter of Fiscal 2022 Results

Written by Customer Service on October 26, 2021. Posted in Public Companies.

Net Income of $2.67 Million in the September 2021 Quarter Loans Held for Investment Increase 1% from June 30, 2021 to $859.0 Million Total Deposits Increase 2% from June 30, 2021 to $956.7 Million Improved Asset Quality with a $339,000 Recovery from the Allowance for Loan Losses Net Interest Margin Improves 17 Basis Points from Prior Sequential Quarter Non-Interest Expenses Remain Well-Controlled RIVERSIDE, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Bank”), today announced first quarter earnings results for the fiscal year ending June 30, 2022. For the quarter ended September 30, 2021, the Company reported net income of $2.67 million, or $0.35 per diluted share (on 7.58 million average diluted shares outstanding),...

Q&K Announces Disposal of WFOE

Written by Customer Service on October 26, 2021. Posted in Public Companies.

SHANGHAI, China., Oct. 26, 2021 (GLOBE NEWSWIRE) — Q&K International Group Limited (NASDAQ: QK) (“Q&K” or the “Company”), a leading technology-driven long-term apartment rental platform in China, today announced that it has sold all of its equity interest in Shanghai Qingke Investment Consulting Co., Ltd. (the “Former WFOE”), which was a wholly-owned subsidiary of the Company in China prior to the disposition, to Wangxiancai Limited, which is beneficially owned by the legal representative and executive director of one of the Company’s subsidiaries, a related party (the “Disposal”). The Former WFOE has a series of contractual arrangements with Shanghai Qingke E-commerce Co., Ltd, the Company’s former variable interest entity, through which the Company carried out certain rental apartment operation business. The Disposal...

Livewire Ergogenics Announces Two Additional Acres of Cultivation Area on Estrella Ranch to Over 130,000 SQFT

Written by Customer Service on October 26, 2021. Posted in Public Companies.

Anaheim, CA, Oct. 26, 2021 (GLOBE NEWSWIRE) — LiveWire Ergogenics Inc. (OTC: LVVV), a company focused on acquiring, managing, and licensing special purpose real estate properties conducive to producing high-quality, handcrafted, and organically grown cannabis products for medical and recreational adult-use in California; today announced that its affiliate Company Estrella River Farms has begun to expand the cultivation area on Estrella Ranch by two acres of additional cultivation area, raising the total canopy to over 130,000 sqft. Bill Hodson, CEO of Livewire Ergogenics, states, “While Estrella River Farms continues to deliver its first harvest for processing and delivery to its distributor, it is already preparing for a second harvest that it intends to deliver before the end of this year. As of today, the farm has fully...

Opthea Granted Chinese Patent Covering OPT-302

Written by Customer Service on October 26, 2021. Posted in Public Companies.

MELBOURNE, Australia, Oct. 26, 2021 (GLOBE NEWSWIRE) — Opthea Limited (ASX:OPT; Nasdaq:OPT), a clinical stage biopharmaceutical company developing novel therapies to treat highly prevalent and progressive retinal diseases, is pleased to announce the grant of Chinese Patent Number (CN) 106414487 B covering OPT-302, its soluble VEGFR-3 “trap” molecule currently being investigated in two global Phase 3 registrational clinical trials, ShORE (Study of OPT-302 in combination with Ranibizumab) and COAST (Combination OPT-302 with Aflibercept Study). The patent granted is in the name of Opthea’s wholly-owned subsidiary, Vegenics Pty Limited. The Chinese patent covers OPT-302, pharmaceutical compositions comprising OPT-302, nucleic acid molecules that code for OPT-302, and the use of OPT-302 in the manufacture of preparations for the treatment...

Southside Bancshares, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2021

Written by Customer Service on October 26, 2021. Posted in Public Companies.

Third quarter net income of $29.3 million; Third quarter earnings per diluted common share of $0.90; Annualized linked quarter loan growth, net of Paycheck Protection Program (“PPP”) loans, 7.9%; Annualized linked quarter deposit growth of 13.5%; Linked quarter net interest margin increased to 3.16%; Annualized return on third quarter average assets of 1.61%; Annualized return on third quarter average tangible common equity of 17.10%(1); and Nonperforming assets decreased to 0.17% of total assets.TYLER, Texas, Oct. 26, 2021 (GLOBE NEWSWIRE) — Southside Bancshares, Inc. (“Southside” or the “Company”) (NASDAQ: SBSI) today reported its financial results for the quarter ended September 30, 2021. Southside reported net income of $29.3 million for the three months ended September 30, 2021, an increase of $2.2 million, or 8.2%, compared...

Vaccines Market Size [2027] | is Expected to Reach USD 104.87 Billion, exhibiting a CAGR of 10.7%

Written by Customer Service on October 26, 2021. Posted in Mergers And Acquisitions.

Key Companies in Vaccines Market are GlaxoSmithKline plc., Sanofi, Pfizer Inc., Merck & Co., Inc, Novartis AG, Emergent BioSolutions, Inc., CSL Limited, Inovio Pharmaceuticals, Inc., Bavarian Nordic, Mitsubishi Tanabe Pharma Corporation, Other Prominent Players Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) — The global vaccines market size is expected to reach USD 104.87 billion by 2027, exhibiting a CAGR of 10.7% during the forecast period. The ongoing clinical trials for COVID-19 vaccine will have a tremendous impact on the global market during the forecast period, states Fortune Business Insights in a report, titled “Vaccines Market Size, Share & COVID-19 Impact Analysis, By Type (Recombinant/Conjugate/Subunit, Inactivated, Live Attenuated and Toxoid), By Route of Administration (Parenteral and Oral), By Disease Indication...

Motorcycle Market Size [2021-2028] | is Expected to Reach USD 485.67 Billion by 2028, Exhibiting a CAGR of 7.2%

Written by Customer Service on October 26, 2021. Posted in Mergers And Acquisitions.

Motorcycle Market Key Players Studied in this Report are Honda Motor Co., Ltd. (Shizuoka, Japan), Piaggio & C.SpA (Pontedera, Italy), TVS Motor Company Ltd. (Chennai, India), Yamaha Motors Co. (Shizuoka, Japan), Suzuki Motor Corporation (Shizuoka, Japan), Triumph Motorcycles (Hinckley, United Kingdom), Zero Motorcycles, Inc. (California, United States), Bayerische Motoren Werke (BMW) AG (Munich, Germany), Harley-Davidson, Inc. (Wisconsin, United States), Hero MotoCorp Ltd. (New Delhi, India). Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) — The global Motorcycle market size is expected to reach USD 485.67 Billion by 2028, exhibiting a CAGR of 7.2% during the forecast period. The increasing acceptance of two-wheeled motor vehicles among youths will accelerate the market growth in the forthcoming years. The market size stood at...

POC Diagnostics Market Size [2021-2028] | is Projected to Reach USD 36.21 Billion by 2028

Written by Customer Service on October 26, 2021. Posted in Mergers And Acquisitions.

Key Players Covered in the POC Diagnostics Market Research Report Are F. Hoffmann-La Roche Ltd (Basel, Switzerland), Thermo Fisher Scientific Inc. (Massachusetts, U.S.), Abbott Laboratories (Illinois, U.S), Quest Diagnostics Incorporated (New Jersey, United States), BD (Franklin Lakes, U.S), bioMérieux SA (Marcy l’Etoile, France), Cardinal Health, Inc. (Ohio, U.S), Mesa Biotech (California, U.S), Cepheid (California, U.S), Trinity Biotech (Bray, Ireland), Quidel Corporation (San Diego, U.S.), Bio-Rad Laboratories Inc. (California, U.S) and other key market players Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) — The global POC Diagnostics Market size is projected to reach USD 36.21 billion by 2028, exhibiting a CAGR of -1.9% during the forecast period. The prevalence of several chronic disorders and the incorporation of nanotechnology...

Electric Bike Market Size [2021-2028] | is Expected to Reach USD 52.36 Billion, Exhibiting a CAGR of 16.0%

Written by Customer Service on October 26, 2021. Posted in Mergers And Acquisitions.

Key Players covered in the Electric Bike Market Report are Giant Bicycles (Taichung City, Taiwan), Energica Motor Company (Modena, Italy), Accell Group (Heerenveen, Netherlands), Robert Bosch GmbH (Gerlingen, Germany), Derby Cycle Holding GmbH (Cloppenburg, Germany), Pedego Electric Bikes (California, U.S.), Panasonic Corporation (Osaka, Japan), Mahindra & Mahindra Ltd. (Mumbai, India), Trek Bicycle Corporation (Wisconsin, U.S.), Bionx International Corporation (Ontario, Canada), Shimano Inc. (Osaka, Japan), VanMoof (Amsterdam, Netherlands) Pune, India, Oct. 26, 2021 (GLOBE NEWSWIRE) — The global electric bike market size is expected to reach USD 52.36 billion by 2028, exhibiting a CAGR of 16.0% during the forecast period. The growing technological innovations coupled with growing cognizance regarding the efficiency, eco-friendliness,...

Day: October 26, 2021

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