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Day: February 1, 2022

Pzena Investment Management, Inc. Reports Results for the Fourth Quarter and Full Year of 2021

Pzena reports full year 2021 Diluted EPS of $1.00 and fourth quarter 2021 Diluted EPS of $0.24. Assets under management ends the fourth quarter at $52.5 billion.2021 full year revenue increases 44 percent to $199.3 million.Board declares a year-end dividend of $0.53 per share.NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) reported the following U.S. Generally Accepted Accounting Principles (GAAP) basic and diluted net income and earnings per share for the three and twelve months ended December 31, 2021 and 2020 (in thousands, except per-share amounts):  GAAP Basis  For the Three Months Ended December 31,  2021     2020  (unaudited)Basic Net Income $ 4,821     $ 4,012  Basic Earnings per Share $ 0.28     $ 0.24           Diluted Net Income $ 20,087     $ 17,646  Diluted...

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O-I Glass Reports Full Year and Fourth Quarter 2021 Results

Fourth Quarter and Full Year Performance Exceeded Most Recent Business Outlook; 2021 Shipments Surpassed Pre-Pandemic Levels; Lowest Debt Levels Since Mid-2015 PERRYSBURG, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE  O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2021. Full Year 2021 Results  Earnings from Continuing OperationsEarnings Per Share (Diluted) Earnings from Continuing Operations Before Income Taxes$M Cash Provided by Continuing Operating Activities$MFY21 FY20 FY21 FY20 FY21 FY20Reported $0.88 $1.57 $332 $353 $680 $457  Adjusted EarningsEarnings Per Share (Diluted) Segment Operating Profit$M Free Cash Flow $MFY21 FY20 FY21 FY20 FY21 FY20Non – GAAP1 $1.83(Guidance: $1.77-$1.82) $1.22 $827 $678 $282(Guidance:...

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AMD Reports Fourth Quarter and Full Year 2021 Financial Results

― Record quarterly revenue of $4.8B up 49% y/y; Record full year revenue of $16.4B up 68%;Gross margin expanded and operating income more than doubled from prior year ― SANTA CLARA, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced revenue for the fourth quarter of 2021 of $4.8 billion, operating income of $1.2 billion, net income of $974 million and diluted earnings per share of $0.80. On a non-GAAP(*) basis, operating income was $1.3 billion, net income was $1.1 billion and diluted earnings per share was $0.92. For full year 2021, the company reported revenue of $16.4 billion, operating income of $3.6 billion, net income of $3.2 billion and diluted earnings per share of $2.57. On a non-GAAP(*) basis, operating income was $4.1 billion, net income was $3.4 billion and diluted earnings per share was $2.79. GAAP...

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Palomar Releases Annual Sustainability & Citizenship Report and Provides Update on 2021 Progress

~Partnership with Team Rubicon Forms New Program, ‘Palomar Protects’~~Allocates a Percentage of Premiums to Natural Disaster Recovery Efforts~  ~Unites Business and Purpose~ LA JOLLA, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today released its annual Sustainability & Citizenship Report, which provides an update on the progress related to specific Environmental, Social Responsibility, and Governance (ESG) initiatives established by the Company during 2021, and outlines Palomar’s initiatives and goals for 2022. Mac Armstrong, Chairman and Chief Executive Officer of Palomar, commented, “As this report indicates, Palomar has made significant progress on several ESG initiatives, led by the launch of our Palomar Protects™ charitable initiative, which reinvests earned...

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Dominion Lending Centres Receives Final Approval to Graduate to Toronto Stock Exchange

VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSXV:DLCG) (“DLC” or the “Corporation”) is pleased to announce that it has received final approval from Toronto Stock Exchange (“TSX”) to graduate from the TSX Venture Exchange (the “TSXV”) and list its class “A” common shares (the “Shares”) on the TSX. The Shares will commence trading on the TSX under their existing ticker symbol “DLCG” at the market open on February 3, 2022. Accordingly, February 2, 2022 will be the last day of trading of the Corporation’s Shares on the TSXV. Shareholders will not be required to take any action in connection with the graduation and listing on the TSX. About Dominion Lending Centres Inc. The DLC Group is Canada’s leading network of mortgage professionals. The DLC Group operates through Dominion Lending...

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Tenable Agrees to Acquire Cymptom

COLUMBIA, Md., Feb. 01, 2022 (GLOBE NEWSWIRE) — Tenable Holdings, Inc. (“Tenable”) (Nasdaq: TENB), the Cyber Exposure company, today announced that it has signed an agreement to acquire Cymptom, a leader in attack path management. Headline breaches, be they advanced persistent threats, ransomware or common hacks, routinely exploit well known attack paths in enterprise networks. Identifying, understanding and disrupting these attack paths before attackers can exploit them is critical to reducing the probability of a breach. Cymptom enables organizations to continuously test and evaluate threats according to the MITRE ATT&CK framework and the hacker’s attack perspective, without the use of agents or running simulated attacks. Combining Tenable’s market-leading coverage of vulnerabilities and misconfigurations with Cymptom’s...

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HII Completes Acceptance Sea Trials on Fort Lauderdale (LPD 28)

NEWPORT NEWS, Va., Feb. 01, 2022 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today the successful completion of acceptance sea trials on Friday for the amphibious transport dock Fort Lauderdale (LPD 28). The San Antonio-class ship, built at HII’s Ingalls Shipbuilding division, spent several days with the U.S. Navy’s Board of Inspection and Survey. Ingalls’ shipbuilders will now complete final finish work on the ship in preparation for delivery this quarter. “Fort Lauderdale is a terrific example of what our collective team is accomplishing together,” said Kari Wilkinson, president of Ingalls Shipbuilding. “LPD 28 demonstrates what Navy-industry collaboration can do to evolve a ship design to new requirements while maintaining the talented team that is demonstrating such efficiency and predictability in...

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Puma Exploration Increases Its Williams Brook Landholdings Clarification on Previous Drill Intercept

Figure 1. Puma’s landholdings in northern New BrunswickPuma’s landholdings in northern New BrunswickRIMOUSKI, Quebec, Feb. 01, 2022 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTC: PUXPF) (the “Company” or “Puma”) is pleased to report that it has signed a definitive agreement to acquire 100% interest in 30 claims (the “South-East Moose Brook Property”) contiguous to its flagship Williams Brook Gold property. The acquisition adds by 662 ha to the Williams Brook North land package for a total of 20,662 ha (see Figure 1). Williams Brook returned 5.55 g/t gold over 50.15 metres in its inaugural drilling program in 2021 (see Sept. 15, 2021 News Release). A typo occurred in the final version of the news and should have been written 5.55 g/t gold over 50.15 metres...

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Melissa Bauer Joins Southern Michigan Bancorp, Inc. Board of Directors

Melissa BauerImage of Melissa BauerCOLDWATER, Mich., Feb. 01, 2022 (GLOBE NEWSWIRE) — John H. Castle, Chairman and CEO of Southern Michigan Bancorp, Inc., the holding company of Southern Michigan Bank & Trust, recently announced the appointment of Melissa “Missy” Bauer as a member of its board of directors. Ms. Bauer and her husband, Bill, are the founders and owners of B&M Crop Consulting, an independent agricultural consulting company based in Coldwater, MI. They work closely with farmers across Michigan, Indiana, and Ohio providing sound, agronomic knowledge to support clients’ farm operations. They work cooperatively with Farm Journal to gather information on the industry’s latest technology, applications, practices, and equipment. Ms. Bauer also travels across the country giving presentations on...

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PrairieSky Recognized as a Global Sustainability Leader in 2021 ESG Rankings

CALGARY, Alberta, Feb. 01, 2022 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd.  (TSX: PSK) (“PrairieSky” or the “Company”), Canada’s leading energy royalty business, is pleased to announce that it has once again received industry leading scores from several globally recognized rating agencies for 2021. These results demonstrate our carbon neutral status(1) and ongoing commitment to environmental stewardship, social responsibility, and governance (ESG) and are set forth below. ESG Rankings 2021:Rating Agency PrairieSkyScore/Ranking Description of Score/RankingSustainalytics ESG Risk(All Industries) 64 out of 15,125 Moved to the top 0.5% of all companies in Sustainalytics global coverage universe(2) and awarded “Negligible Risk” ESG Risk Rating.Sustainalytics ESG Risk(Oil and Gas Producers) 1...

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