Intelligent Product Solutions Names Paul Severino President

Written by Customer Service on December 2, 2021. Posted in Public Companies.

HAUPPAUGE, N.Y., Dec. 02, 2021 (GLOBE NEWSWIRE) — Intelligent Product Solutions (IPS), a subsidiary of Forward Industries (NASDAQ:FORD) and award-winning product design and development firm, today announced that Paul Severino was promoted to President, effective January 1. The current IPS President and Co-founder Mitch Maiman will be taking on a new group role as Business Strategy Consultant at IPS and Forward Industries. Co-founding IPS with Maiman in 2007 and formerly serving as Chief Operating Officer (COO), Severino has been with IPS since its founding 14 years ago. IPS also announced today that Bob Wild was promoted to COO, from Senior Vice President. “Paul is the natural successor to Mitch. I am confident that under his leadership, bringing his deep experience with IPS as COO, and his vision as a co-founder with support from...

CapStar Announces Chairman Succession Plan

Written by Customer Service on December 2, 2021. Posted in Public Companies.

NASHVILLE, Tenn., Dec. 02, 2021 (GLOBE NEWSWIRE) — CapStar Financial Holdings (NASDAQ: CSTR), today announced its Board of Directors elected James S. Turner, Jr. to succeed Dennis C. Bottorff as non-executive Chairman, following the April 2022 Annual Meeting of Shareholders. Mr. Bottorff, who has served as non-executive Chairman since the Company’s founding, informed the Board he will not stand for re-election to the Board of Directors. “CapStar has accomplished much as it has grown from a start-up into a customer focused, high-performing institution,” said Bottorff. “Jay Turner’s abilities and experience uniquely qualify him to lead the board and to partner with Tim Schools and our outstanding associates. CapStar is well positioned for a bright future.” Mr. Turner currently serves as Managing Director of MarketStreet Enterprises...

Raymond James Financial Raises Quarterly Dividend, Approves $1 Billion Share Repurchase Authorization

Written by Customer Service on December 2, 2021. Posted in Dividend Reports And Estimates.

ST. PETERSBURG, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) — On December 2, 2021, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.34 per share, payable January 18, 2022 to shareholders of record on January 4, 2022. This is a 31% increase over the previous dividend of $0.26 per share paid on October 15, 2021. The Board also authorized repurchase of the company’s shares of common stock in an aggregate amount of up to $1 billion. The $1 billion authorization replaces the previous repurchase authorization of $750 million announced on December 3, 2020, under which approximately $632 million was remaining as of December 2, 2021. The repurchases may be made from time to time at prices that the company deems appropriate and subject to market conditions,...

Zogenix To Present New FINTEPLA® (fenfluramine) Data at AES 2021

Written by Customer Service on December 2, 2021. Posted in Public Companies.

Data add to the growing body of evidence supporting the efficacy and safety profile of FINTEPLA for the treatment of Dravet syndrome EMERYVILLE, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) — Zogenix (Nasdaq: ZGNX), a global biopharmaceutical company developing and commercializing rare disease therapies, today announced that it will present new FINTEPLA® (fenfluramine) data from eight abstracts at the American Epilepsy Society (AES) Annual Meeting, taking place from December 3-7, 2021, in Chicago, IL. The Company will also have an additional four posters in a virtual scientific exhibition room and is sponsoring the Better Outcomes Through Diversity poster session during AES 2021. “We continue to see positive safety and efficacy data of FINTEPLA for individuals with Dravet syndrome and Lenox-Gastaut syndrome,” said Bradley S. Galer, M.D.,...

Quanex Building Products Announces Fourth Quarter and Fiscal Year 2021 Earnings Release and Conference Call Schedule

Written by Customer Service on December 2, 2021. Posted in Public Companies.

HOUSTON, TEXAS, Dec. 02, 2021 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its fourth quarter and fiscal year 2021 results on Thursday, December 16, 2021 after trading closes on the New York Stock Exchange. The Company has also scheduled a conference call for Friday, December 17, 2021 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. Investors may participate in the conference call via telephone by dialing (877) 388-2139 for domestic callers or (541) 797-2983 for international callers, in both cases using conference passcode 7040256, and asking for the Quanex call a few minutes prior to the start time. A link to the live audio webcast will also be available on the Company’s website at http://www.quanex.com in the Investors section under Presentations...

Medexus to Participate in Two Upcoming Virtual Investor Conferences

Written by Customer Service on December 2, 2021. Posted in Public Companies.

TORONTO and CHICAGO, Dec. 02, 2021 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (the “Company” or “Medexus”) (TSX: MDP) (OTCQX: MEDXF) today announced that Ken d’Entremont, Chief Executive Officer of Medexus, and Marcel Konrad, Chief Financial Officer of Medexus, will be participating in two upcoming virtual investor conferences. Sidoti December Micro Cap Virtual ConferenceMr. d’Entremont and Mr. Konrad are scheduled to present on Wednesday, December 8, 2021 at 1:00 P.M. Eastern Time at the December Micro Cap Virtual Conference hosted by Sidoti. The presentation will be webcast live and can be accessed here. Management will also be hosting one-on-one meetings with qualified investors throughout the conference. SNN Network Canada Virtual EventMr. d’Entremont and Mr. Konrad will be presenting at the SNN Network Canada Virtual...

CooperCompanies Announces Fourth Quarter and Full Year 2021 Results

Written by Customer Service on December 2, 2021. Posted in Earnings Releases And Operating Results.

SAN RAMON, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced financial results for its fiscal fourth quarter and full year ended October 31, 2021. Fourth quarter revenue increased 11% year-over-year to $759.1 million. Fiscal 2021 revenue increased 20% to $2,922.5 million. Fourth quarter GAAP diluted earnings per share (EPS) $2.21, up 57 cents or 35% from last year’s fourth quarter. Fiscal 2021 GAAP diluted EPS $59.16, up 1,131% from fiscal 2020. Fourth quarter Non-GAAP diluted EPS $3.28, up 12 cents or 4% from last year’s fourth quarter. Fiscal 2021 non-GAAP diluted EPS $13.24, up 37% from fiscal 2020. See “Reconciliation of Selected GAAP Results to Non-GAAP Results” below. Commenting on the results, Al White, Cooper’s President and CEO said, “We closed this...

JOANN Announces Third Quarter Fiscal Year 2022 Results

Written by Customer Service on December 2, 2021. Posted in Earnings Releases And Operating Results.

Net sales of $611.0 million, reflecting a total comparable sales growth of 8.0% on a two-year basis Net income of $22.8 million, an increase of $31.2 million compared to the third quarter of fiscal 2020 Adjusted EBITDA of $72.6 million, an 84% increase compared to the third quarter of fiscal 2020 HUDSON, Ohio, Dec. 02, 2021 (GLOBE NEWSWIRE) — JOANN Inc. (NASDAQ: JOAN) (“JOANN”), the nation’s category leader in sewing and one of the fastest growing competitors in the arts and crafts category, today reported results for its third quarter ending October 30, 2021. JOANN’s President and Chief Executive Officer, Wade Miquelon, stated: “Our business continues to demonstrate strong top and bottom line growth from pre-pandemic levels. I am most proud of the work our team has put in to overcome what are now well publicized and wide-spread...

CTO Realty Growth Announces Acquisition of Beaver Creek Crossings in Raleigh, North Carolina for $70.5 Million

Written by Customer Service on December 2, 2021. Posted in Mergers And Acquisitions.

DAYTONA BEACH, Fla., Dec. 02, 2021 (GLOBE NEWSWIRE) — CTO Realty Growth, Inc. (NYSE: CTO) (the “Company” or “CTO”) today announced the acquisition of Beaver Creek Crossings, a 320,600 square foot multi-tenant retail property in the Apex submarket of Raleigh, North Carolina (the “Property”) for $70.5 million. The purchase price represents a going-in cap rate within the range of the Company’s guidance for initial cash yields. “We’re excited to be reentering the Raleigh, North Carolina market with our acquisition of Beaver Creek Crossings,” said John P. Albright, President and Chief Executive Officer of CTO Realty Growth. “Raleigh has experienced explosive growth in recent years as it benefits from unprecedented corporate investment, an abundance of well-performing technology and life science companies, a high quality of life, and...

Synaptics Completes Acquisition of DSP Group and Updates Current Guidance

Written by Customer Service on December 2, 2021. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) — Synaptics Incorporated (Nasdaq: SYNA) today announced that it has completed the acquisition of DSP Group, a leading global provider of voice processing and wireless chipset solutions, for an aggregate purchase price of approximately $549 million in cash. The acquisition, which was previously announced on August 30, 2021, combines the two companies with leading AI, voice processing, and wireless technologies that collectively enable a variety of smart connected devices. “We are very excited to welcome the talented DSP Group team to our company,” said Michael Hurlston, President and CEO of Synaptics. “DSP Group’s capabilities in SmartVoice and low power AI align well with our long-term vision of embedding more intelligence in connected devices at the edge...

Day: December 2, 2021

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