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Month: January 2022

Stryker reports 2021 operating results and 2022 outlook

Kalamazoo, Michigan, Jan. 27, 2022 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) reported operating results for the fourth quarter and full year of 2021: Fourth Quarter ResultsReported net sales increased 10.3% from 2020 and 13.8% from 2019 to $4.7 billion Organic net sales increased 9.0% from 2020 and 6.2% from 2019 Reported operating income margin of 17.4% Adjusted operating income margin(1) contracted 190 bps to 27.3% Reported EPS increased 16.1% to $1.73 Adjusted EPS(1) decreased 3.6% to $2.71In addition to sales growth analysis versus 2020, we are including sales growth versus 2019 as 2019 provides a more normal baseline for comparison given the variability caused by the COVID-19 pandemic throughout 2020. As previously disclosed, effective December 31, 2021, we have updated our reportable business segments to (i) MedSurg and...

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WISeKey Releases New Version of WISe.ART NFT Marketplace with Trusted NFTs from New Artists

WISeKey Releases New Version of WISe.ART NFT Marketplace with Trusted NFTs from New Artists WISe.ART is working on cross-blockchain support, enabling a truly open data economy with the support of Ethereum, Polygon and CasperLabs and gradually adding new chains to ensure interoperability and scalability as part of its overall strategy to act as a leading platform of the Web3.0 revolution WISe.Art platform is developing into a fully-fledged marketplace with its own digital currency, the ability to include curators and multipliers, white-labeling options and custom-made NFT design Geneva, New York, Madrid –January 27, 2021 – WISeKey International Holding, a leading cybersecurity, IoT Blockchain company, announced during the Blockchain Conference in NY “Trends in the World of NFTs and Crypto” hosted by M-Vest, the release of the new version...

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Inotiv, Inc. to Report First Quarter Fiscal 2022 Financial Results and Host Conference Call on Thursday, February 10, 2022

WEST LAFAYETTE, Ind., Jan. 27, 2022 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced that the Company will issue its financial results press release for the fiscal 2022 first quarter ended December 31, 2021, on Thursday, February 10, 2022, after the close of the stock market and host a conference call the same day at 4:30 p.m. Eastern Time to discuss the results. Interested parties may participate in the call by dialing:(877) 407-9753 (Domestic) (201) 493-6739 (International)The live conference call webcast will be accessible in the Investors section of the Company’s web site and directly via...

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Trebia Acquisition Corp. and System1 Announce Closing of Business Combination

Combined Company to Trade on NYSE Under Ticker SST Commencing January 28, 2022 LOS ANGELES, Jan. 27, 2022 (GLOBE NEWSWIRE) — System1 (together with Protected.net Group, “System1” or the “Company”), an omnichannel customer acquisition marketing platform, and Trebia Acquisition Corp. (“TREB” or “Trebia”) (NYSE: TREB), a special purpose acquisition company formed by entities affiliated with William P. Foley II and Frank Martire Jr, announced today the completion of their business combination (the “Business Combination”). The Business Combination was approved by a majority of Trebia stockholders at a special meeting held on January 20, 2022. Through a series of transactions, System1 has combined with Trebia, and Trebia has changed its name to “System1, Inc.” as of the closing date. Beginning on January 28, 2022, System1’s common stock...

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VitalHub Corp. Announces Acquisition of Beautiful Information

TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — VITALHUB CORP. (TSX: VHI) (the “Company” or “VitalHub”) is pleased to announce today that it has acquired (the “Acquisition”) Beautiful Information Limited (“Beautiful Information” or “BI”), a company incorporated and registered in England and Wales. VitalHub has acquired Beautiful Information, via a share acquisition by its wholly-owned subsidiary, The Oakgroup (UK) Limited, for a total purchase price of £1,550,000, subject to any post-closing working capital adjustments. The purchase price was satisfied by payment of £1,386,059 in cash and the issuance of 90,266 shares of VitalHub to the shareholders of Beautiful Information (the “Share Consideration”). The Share Consideration was calculated at a price of $3.026 per VitalHub share and represents total value to the vendors of £163,941. For...

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Wintrust Financial Corporation Announces Cash Dividends, Increasing Quarterly Common Stock Dividend Rate by 9.7%

ROSEMONT, Ill., Jan. 27, 2022 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or the “Company”) (Nasdaq: WTFC) today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.34 per share of outstanding common stock. The dividend is payable on February 24, 2022 to shareholders of record as of February 10, 2022. This represents an increase of approximately 9.7% from the $0.31 quarterly cash dividend paid in each of the quarters of 2021. Additionally, the Company’s Board of Directors approved quarterly cash dividends on outstanding shares of the Company’s 6.50% Fixed-to-Floating Non-Cumulative Perpetual Preferred Stock, Series D and of the Company’s 6.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E. Each dividend is payable on April 15, 2022 to shareholders of...

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Gouverneur Bancorp Announces Fiscal 2022 First Quarter Results

GOUVERNEUR, N.Y., Jan. 27, 2022 (GLOBE NEWSWIRE) — Faye C. Waterman, President and Chief Executive Officer of Gouverneur Bancorp, Inc. (OTC Pink: GOVB) (the “Company”) holding company for Gouverneur Savings and Loan Association (the “Bank”), announced today results for the first quarter of fiscal year 2022 ended December 31, 2021. A Note to our Shareholders: As announced through a press release issued on January 6, 2022, Cambray Mutual Holding Company (the “MHC”), the Company, the Bank and Citizens Bank of Cape Vincent (“CBCV”) announced the signing of a definitive merger agreement pursuant to which CBCV will merge with and into the Bank, with the Bank as the surviving institution with total assets estimation of $210 million. As a result, the first quarter of fiscal year 2022 saw a rise in professional fees compared to the same...

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Freddie Mac Prices $685 Million Multifamily When-Issued K-Deal®, WI-K140

MCLEAN, Va., Jan. 27, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates (WI Certificates), which are initially backed by cash assets that will be used to purchase the A-2 and A-M classes of a to-be-issued reference K-Deal. Once the reference K-Deal classes are issued and purchased by the WI trust, the WI Certificates will be indirectly backed by a pool of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $685 million in WI Certificates (Series WI-K140), which are expected to settle on or about January 31, 2022. WI-K140 PricingClass Principal/NotionalAmount (mm) Weighted AverageLife (Years) Spread(bps) Coupon Yield Dollar PriceA-2 $500.000 10.24 S+61 2.25000% 2.19586% $100.4313A-M $185.000 10.24 S+70 2.25000% 2.28586% $99.6152DetailsCo-Lead...

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PyroGenesis Announces Factory Acceptance Test for Plasma Torches Scheduled with Client A, a Multi-Billion-Dollar International Producer of Iron Ore Pellets

MONTREAL, Jan. 27, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (NASDAQ: PYR) (TSX: PYR) (FRA: 8PY), a high-tech Company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (GHGs), is pleased to announce today that, further to its Q3 2021 financial results press release, a factory acceptance test (“FAT”) for the use of its plasma torches in iron or pelletization has now been scheduled to be completed with Client A. This FAT is scheduled to be conducted between Feb 2nd and Feb 14th, 2022. As previously disclosed, Client A is a multi-billion-dollar international producer of iron ore pellets, one of the largest in the industry, whose name will remain confidential...

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MCX Technologies Announces the Appointment of 2 New Directors to the Board of Directors

BOISE, Idaho, Jan. 27, 2022 (GLOBE NEWSWIRE) — via InvestorWire – MCX Technologies Corporation (TSXV: MCX, OTC: MCCX) (“MCX Technologies” or the “Company”) announces the appointment of Mr. Shone Anstey and Ms. Susan Olson as independent directors to its board of directors, effective immediately. Mr. Shone Anstey is the CEO and Founder of LQwD FinTech Corp (TSXV: LQWD), the world’s first public Bitcoin Lightning Network company, where he brings over 20 years of experience as a tech entrepreneur in egtech, analytics, data centers, and cryptocurrency. Mr. Anstey has been engaged with Bitcoin since 2012, has acted as technology lead for an industrial Bitcoin mine and Bitcoin mining pool, and is a Certified Cryptocurrency Investigator. In addition, Mr. Anstey is an advisor to the British Columbia Securities...

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