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Day: January 19, 2022

Prairie Provident Announces Year-End 2021 Reserves

CALGARY, Alberta, Jan. 19, 2022 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce the results of our independent 2021 year-end reserves evaluation conducted by Sproule Associates Limited (“Sproule”) with an effective date of December 31, 2021 (the “Sproule Report”).   MESSAGE TO SHAREHOLDERS Tony Berthelet, President & Chief Executive Officer commented: “The 2021 year-end updated reserves evaluation confirms the underlying value of PPR’s assets. With a 13-year reserve life index on a 1P basis, the assets have the potential to deliver meaningful long-term shareholder value. Recognition of Improved Recovery in the Evi and Michichi assets underscores the execution of the Company’s waterflood development strategy, and while we are in the early stages of waterflood...

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Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

ANNISTON, Ala., Jan. 19, 2022 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on February 15, 2022 to shareholders of record as of February 3, 2022. About Southern States Bancshares, Inc.Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities....

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CDK Global to Announce Second Quarter Fiscal Year 2022 Financial Results on February 3, 2022

HOFFMAN ESTATES, Ill., Jan. 19, 2022 (GLOBE NEWSWIRE) —  CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, is scheduled to release its financial results for the fiscal second quarter ended December 31, 2021 after the closing of the Nasdaq market on Thursday, February 3, 2022.   CDK will also be hosting a conference call at 4:00 p.m. CT on February 3, 2022 to discuss the results for the period. Brian Krzanich, chief executive officer, Joe Tautges, chief operating officer, Eric Guerin, chief financial officer, Mahesh Shah, chief product and technology product officer and Reuben Gallegos, vice president of investor relations, will be participating on the call. Investors and interested participants are invited to listen to the conference call via live webcast, which can be accessed through the CDK Investor...

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Cerence to Present at the Baird 2022 Vehicle Technology & Mobility Conference

BURLINGTON, Mass., Jan. 19, 2022 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the Baird 2022 Vehicle Technology & Mobility Conference on Tuesday, January 25, 2022 at 9:05 a.m. Eastern Time. The format for the presentation will be a fireside chat featuring Stefan Ortmanns, Cerence CEO, and Mark Gallenberger, Cerence CFO. The event will be webcast and can be accessed in the “Events” tab under the “Investors” section of the Company’s website at https://www.cerence.com/investors/events-and-resources. The webcast replay will be available on the Company’s website at www.cerence.com. About Cerence Inc.Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world’s leading...

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Clearfield Sets Fiscal First Quarter 2022 Earnings Call for Thursday, January 27, 2022 at 5:00 p.m. ET

MINNEAPOLIS, Jan. 19, 2022 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, will hold a conference call on Thursday, January 27, 2022 at 5:00 p.m. Eastern time (4:00 p.m. Central time) to discuss its financial results for the fiscal first quarter ended December 31, 2021. Financial results will be issued in a press release and the company’s FieldReport prior to the call, which will be available in the investor relations section of the company’s website. Comprised of presentation slides that will be used throughout the call, the FieldReport will provide additional insight into the company’s financial and operational performance. Clearfield’s President and CEO Cheri Beranek and CFO Dan Herzog will host the presentation, followed by a question-and-answer period. Date:...

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PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2021

Figure 1Strong PerformanceLOS ANGELES, Jan. 19, 2022 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) –  FOURTH QUARTER 2021 RESULTS$136.0M $1.14 $181.7M 22.06%Net Earnings Diluted Earningsper Share PPNR ROATE       FOURTH QUARTER 2021 HIGHLIGHTSNet Earnings of $136.0 Million or $1.14 Per Diluted Share Core Deposits Up $4.6 Billion or 16.3% of which $4.1 Billion Related to the Acquisition of the HOA Business in October; Represents 93% of Total Deposits Loan Growth of $2.4 Billion or 11.8% Civic Loan Production of $480 Million in 4Q21, Compared to $481 Million in 3Q21 PPNR of $181.7 Million, Up 8.3% Compared to 3Q21 Provision for Credit Losses Benefit of $6.0 Million in 4Q21 Compared to Benefit of $20.0 Million in 3Q21 Net Interest Income (TE) of $304.5 Million in 4Q21, Compared to $279.8 Million...

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Ceridian Announces Date of Fourth Quarter and Full-Year 2021 Earnings

TORONTO and MINNEAPOLIS, Jan. 19, 2022 (GLOBE NEWSWIRE) — Ceridian (NYSE:CDAY) (TSX:CDAY), a global leader in human capital management (“HCM”) technology, will release fourth quarter and full-year 2021 earnings after the close of regular market trading on Wednesday, February 9, 2022. The Company will host a live webcast at 5:00pm Eastern Time to discuss the financial results. The event can be accessed via direct registration link or through the Ceridian Investor Relations Website. A replay and transcript will be available after the conclusion of the live event on the Ceridian Investor Relations website. About Ceridian Ceridian. Makes Work Life Better™. Ceridian HCM Holding Inc. (“Ceridian” or the “Company”) (NYSE: CDAY; TSX: CDAY) is a global human capital management software company. Dayforce, our flagship cloud HCM platform,...

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Omega Flex, Inc. Announces Organizational Changes

EXTON, Pa., Jan. 19, 2022 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that in implementing best practices in our organizational development and succession management, it has evaluated the future short- and long-term needs for the success of our business at the senior levels of the organization. We are happy to report the Board of Directors has approved the following organizational changes, which are effective immediately: (a) Dean W. Rivest has been appointed as President of the Company, reporting directly to Mark F. Albino, who has retained the position of chief operating officer of the Company, (b) Edwin B. Moran has been appointed as Executive Vice President of Sales, including all industrial and commercial products, reporting to Mr. Rivest, (c) Matthew F. Unger has been appointed as Vice...

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Intrepid and CW Interests Announce Filing of Corporate-Sponsored SPAC Registration Statement

Denver, CO, Jan. 19, 2022 (GLOBE NEWSWIRE) — Intrepid Potash, Inc. (NYSE:IPI) (“Intrepid” or “IPI”) announced today that one of its indirect subsidiaries, Intrepid Acquisition Corporation I (“IACI”), a newly formed special purpose acquisition company, filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) in connection with a proposed initial public offering of its units. Intrepid and Three Two Seven Family Management, LLC d/b/a CW Interests (“CW Interests”), a private investment management company owned by Rad Weaver, are co-owners of the sponsor entity. Intrepid and CW Interests have 75% and 25% ownership stakes in the sponsor entity, respectively. IACI intends to raise $200 million in the proposed offering through the sale of units consisting of IACI’s Class A common stock and warrants...

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Builders FirstSource Prices Offering of $300 Million of Senior Notes due 2032

DALLAS, Jan. 19, 2022 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (NYSE: BLDR) (“Builders FirstSource” or the “Company”) today announced that it has priced an offering of $300 million aggregate principal amount of its 4.250% Senior Notes due 2032 (the “Notes”). The Notes will form part of the same series as the $1 billion aggregate principal amount of 4.250% Senior Notes due 2032 issued on July 23, 2021. The price to investors will be 100.500% of the principal amount of the Notes. The Company intends to use the net proceeds from the offering to repay a portion of the indebtedness outstanding under its senior secured ABL facility and to pay related transaction fees and expenses. Consummation of the offering of the Notes is subject to market and other conditions, and there can be no assurance that the Company...

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