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Day: February 1, 2022

Ahren Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about February 4, 2022

New York, Feb. 01, 2022 (GLOBE NEWSWIRE) — Ahren Acquisition Corp. (Nasdaq: AHRNU) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 29,999,800 units completed on December 17, 2021, including 2,499,800 units sold in connection with the exercise of the over-allotment option in part (the “Offering”) may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about February 4, 2022. Any units not separated will continue to trade on The Nasdaq Global Market under the symbol “AHRNU”, and each of the Class A ordinary shares and warrants will separately trade on The Nasdaq Global Market under the symbols “AHRN” and “AHRNW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade....

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Ashland reports financial results1 for first quarter of fiscal year 2022 consistent with previous update

Sales of $512 million, up nine percent from the prior-year quarter Net income (including discontinued operations) of $48 million, or $0.83 per diluted share Income from continuing operations of $32 million, or $0.55 per diluted share Adjusted income from continuing operations excluding intangibles amortization expense of $51 million, or $0.88 per diluted share Adjusted EBITDA of $106 million Cash flows provided by operating activities of $14 million; ongoing free cash flow2 of $26 millionWILMINGTON, Del., Feb. 01, 2022 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2022, which ended December 31, 2021. The global additives and specialty ingredients company serves customers in a wide range of consumer and industrial markets. Sales were $512 million,...

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Exco Quarterly Dividend Raised 5%

TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX-XTC) today announced a quarterly cash dividend of $0.105 per common share to be paid on March 31, 2022 to shareholders of record on March 17, 2022. This dividend represents a 5% increase from previous levels. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada. Darren Kirk, Exco’s President and CEO, said, “I am pleased to announce this dividend increase, which reflects our confidence in Exco’s ability to grow its earnings per share and continue generating significant free cash flow in the years ahead.” This is the fourteenth time Exco has increased its dividend in thirteen consecutive years.   Source: Exco Technologies Limited (TSX-XTC)Contact: Darren Kirk, Executive President and Chief Executive OfficerTelephone: (905)...

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Enact Reports Fourth Quarter and Full Year 2021 Results

Fourth quarter GAAP Net Income of $154 million, or $0.94 per diluted share Full year GAAP Net Income of $547 million, or $3.36 per diluted share Fourth quarter Adjusted Net Operating Income of $154 million, or $0.94 per diluted share Full year Adjusted Net Operating Income of $551 million, or $3.38 per diluted share Fourth quarter return on equity of 14.8% and adjusted operating return on equity of 14.8% Book value per share of $25.21 Issued Dividend of $200 million in the fourth quarter PMIERs Sufficiency of 165% or $2,003 million RALEIGH, N.C., Feb. 01, 2022 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) today announced financial results for the fourth quarter and full year of 2021, ending December 31, 2021. “We had an excellent fourth quarter driven by strong execution of our strategies, the benefits of our competitive...

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Crinetics Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

SAN DIEGO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX), a clinical stage pharmaceutical company focused on the discovery, development and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related tumors, today announced that on February 1, 2022, the Compensation Committee of Crinetics’ Board of Directors granted non-qualified stock option awards to purchase an aggregate of 135,000 shares of its common stock to seven new non-executive employees under the Crinetics Pharmaceuticals, Inc. 2021 Employment Inducement Incentive Award Plan (the “2021 Inducement Plan”). The stock options were granted as inducements material to the employees entering into employment with Crinetics in accordance with Nasdaq Listing Rule 5635(c)(4). The 2021 Inducement Plan is used exclusively...

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Dave Appoints Michael Pope to Board of Directors

LOS ANGELES, Feb. 01, 2022 (GLOBE NEWSWIRE) — Dave Inc. (Nasdaq: DAVE), today announced the appointment of Michael Pope to its Board of Directors, effective January 31, 2022. Mr. Pope will also serve as Chairperson of the Audit Committee. Mr. Pope served as Chief Financial Officer and Senior Vice President at Shutterfly, Inc. from October 2015 until his retirement in November 2019. He has over 25 years of finance and technology experience having served as Chief Financial Officer at numerous technology companies, including Clean Power Finance, Inc., MarketTools Inc., Network General Corporation, DigitalThink, Inc. and Dionex Corporation. He previously served as a member of the Board of Directors and Audit Committee Chairman at both Arlo Technologies, Inc. and Dionex Corporation. Mr. Pope received his MBA from University of California,...

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Northland Power Announces the Appointment of Eckhardt Ruemmler to Its Board of Directors

TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) announces the expansion its Board of Directors from nine to ten members and the appointment of Eckhardt Ruemmler to the additional Board position, effective January 31, 2022. Mr. Ruemmler brings extensive experience in the energy sector, including renewable energy where he was involved in the management, delivery and operations of large complex projects with a focus on Europe. He has intricate knowledge of the offshore wind business, having built the offshore wind business in the Baltic and North Sea for E.ON and was involved in all facets from origination through to overseeing commercial operations. He was also instrumental in formulating E.ON’s Renewable Energy Strategy and later led the business to drive significant growth...

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Guggenheim Investments Announces February 2022 Closed-End Fund Distributions

NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following dates apply to the distributions:  Record Date February 15, 2022Ex-Dividend Date February 14, 2022Payable Date February 28, 2022Distribution ScheduleNYSE Ticker Closed-End Fund Name Distribution Per Share Change from PreviousDistribution FrequencyAVK Advent Convertible and Income Fund $0.1172†   MonthlyGBAB Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust $0.12573†   MonthlyGOF Guggenheim Strategic Opportunities Fund $0.1821†   MonthlyFMO Fiduciary/Claymore Energy Infrastructure Fund $0.2450†   Quarterly†...

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Midland States Bancorp, Inc. Increases Quarterly Cash Dividend to $0.29 Per Share

22nd consecutive year that Midland States Bancorp has increased its quarterly cash dividend EFFINGHAM, Ill., Feb. 01, 2022 (GLOBE NEWSWIRE) — Midland States Bancorp, Inc. (NASDAQ: MSBI) announced today that its Board of Directors declared a quarterly cash dividend of $0.29 per share, an increase of 3.6% from the previous quarterly cash dividend of $0.28 per share. The dividend is payable on or about February 18, 2022 to all shareholders of record as of the close of business on February 11, 2022. Jeffrey G. Ludwig, President and Chief Executive Officer of the Company, said, “This dividend declaration represents the 22nd consecutive year that Midland States Bancorp has increased its quarterly cash dividend. We are pleased that our financial performance enables us to increase the amount of capital that we return to shareholders through...

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FutureFuel Corp. Declares Quarterly Dividend Program for 2022

CLAYTON, Mo., Feb. 01, 2022 (GLOBE NEWSWIRE) — FutureFuel Corp. (NYSE: FF) (“FutureFuel”), a manufacturer of custom and performance chemicals and biofuels, today announced that it has declared its 2022 quarterly dividend program, declaring normal quarterly dividends of U.S. $0.06 per share, with the following record and payment dates:Record Dates Payment DatesMarch 1, 2022 March 15, 2022June 1, 2022 June 15, 2022September 1, 2022 September 15, 2022December 1, 2022 December 15, 2022About FutureFuel FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers (“custom chemicals”) as well as multi-customer specialty chemicals (“performance chemicals”)....

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