Day: February 3, 2022
Mrs. Sudnow brings data-driven retail perspective and increases diversity of thought on AFC Gamma’s expanded Board
WEST PALM BEACH, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) — AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma”) today announced the nomination and appointment of Marnie Sudnow to AFC Gamma’s Board of Directors. Mrs. Sudnow brings over 20 years of experience in executing digital advertising and e-commerce strategies for global retailers. In connection with the appointment of Mrs. Sudnow, the Board was expanded to eight directors, six of whom are independent.
“Marnie is an accomplished business leader and her extensive experience in advertising and technology make her an ideal addition to AFC Gamma’s Board. Her distinct insights into the retail landscape bring unique and valuable insight on compelling investment opportunities within...
ITW Reports Fourth Quarter and Full Year 2021 Results
Written by Customer Service on . Posted in Public Companies.
Fourth Quarter 2021 HighlightsTotal revenue of $3.7 billion, an increase of 6% with organic growth of 5%
Operating margin of 22.7% as enterprise initiatives contributed 110 bps
GAAP EPS of $1.93 including $(0.02) of MTS acquisition impactFull Year 2021 HighlightsTotal revenue of $14.5 billion, an increase of 15% with organic growth of 12%
Operating income of $3.5 billion, an increase of 21%
Operating margin of 24.1%, an increase of 120 bps as enterprise initiatives contributed 110 bps
Record GAAP EPS of $8.51, an increase of 28%Full Year 2022 Guidance (including MTS)Total revenue growth of 7.5 to 10.5% with organic growth of 6 to 9%
Operating margin of 24 to 25% with enterprise initiatives contributing 100 bps
GAAP EPS of $8.90 to $9.30, an increase of 5 to 9% or 10 to 15% excluding 2021 one-time tax itemsGLENVIEW, Ill., Feb....
Candel Therapeutics Appoints Dr. Francesca Barone as Chief Scientific Officer
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NEEDHAM, Mass., Feb. 03, 2022 (GLOBE NEWSWIRE) — Candel Therapeutics, Inc. (Nasdaq: CADL), a late clinical stage biopharmaceutical company developing novel oncolytic viral immunotherapies, today announced that Francesca Barone, M.D., Ph.D., has been named as the company’s Chief Scientific Officer.
Dr. Barone brings more than 20 years of experience in immunology, experimental medicine, and innovative drug development to help bring important new therapeutics to the clinic. Dr. Barone was previously Candel’s Vice President, Head of Research having joined the company in November 2020. Prior to Candel, Dr. Barone was Head of Experimental Medicine at Kintai Therapeutics and Senda Biosciences, two Flagship Pioneering companies. Before moving to industry, Dr. Barone was a Rheumatology Consultant and Associate Professor (Reader) at University...
Genasys Inc. Announces Zonehaven™ SaaS Contract with Los Angeles County
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Genasys’ Emergency Evacuation Planning and Alerting Resources Helping to Protect 1.4 Million Residents in Most Populous U.S. County
SAN DIEGO, Feb. 03, 2022 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in critical communications systems and solutions that help protect and keep people safe, today announced a multi-year Zonehaven software services and evacuation management contract with Los Angeles County. In addition to the 17 counties announced in October 2021 and last month, first responders, emergency services agencies, and 8.7 million residents in California now have access to Zonehaven’s critical evacuation planning, alerting, and real-time life safety resources.
“Our unique and transformative Zonehaven software-as-a-service (SaaS) empowers first responders and emergency services agencies to...
LMP Automotive Holdings, Inc. Subsidiary Signs $29 Million Agreement to Acquire 84,000 sq. ft. Property on 161,000 sq. ft. site for its White Plains N.Y. CDJR Dealership Relocation and Expansion
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORT LAUDERDALE, FL, Feb. 03, 2022 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based automotive retailer in the United States, today announced it has agreed to acquire an 84,000 sq. ft. property on a 161,000 sq. ft. site for $29 million for its White Plains, N.Y. CDJR dealership relocation and expansion.
Richard Aldahan, LMP’s Chief Operating Officer, stated, “This is a trophy property located in one of the best and highest trafficked areas in Westchester County. The property provides for a significant modernized expansion to service bays, showroom, and added parking for hundreds of additional vehicles which creates one of the largest and most profitable CDJR dealerships in the New York region. We expect to be operational in the new site by the fourth quarter...
The Shyft Group Raises Quarterly Dividend 2X to $0.05 per Share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
NOVI, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) — The Shyft Group, Inc., (NASDAQ: SHYF) (“Shyft” or the “Company”), North America’s leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, today announced that its Board of Directors has authorized an increase in the Company’s common stock from $0.025 to $0.05 per share.
The Michigan-based manufacturer reported that its quarterly dividend will be payable on or before March 17, 2022, to shareholders of record at the close of business on February 17, 2022.
“We are pleased to announce an increase in our quarterly cash dividend, which is a 100% increase over the previous quarterly amount,” said Daryl Adams, President and Chief Executive Officer. “The...
Brown & Brown, Inc. added to S&P 500 Dividend Aristocrats Index
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DAYTONA BEACH, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces that the S&P Dow Jones Indices has added the company to the S&P 500 Dividend Artistocrats Index before market open on February 1, 2022.
The S&P 500 Dividend Artistocrats are a distinguished group of longtime dividend payers composed of S&P 500 index constituents that have raised their dividend payments for a minimum of 25 consecutive years. Brown & Brown was included in S&P 500 index in September 2021 and has increased its dividend 28 straight years.
“It is an honor to be included in this esteemed group of high-quality companies and be recognized for our ongoing commitment to delivering results for our customers, teammates, shareholders and carrier partners,” stated J. Powell Brown, president and...
Steven Mah, Ph.D., Joins Cowen’s Equity Research Team to Cover Life Science & Diagnostic Tools
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NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that Steven Mah, Ph.D., has joined the Company’s equity research team to further expand the firm’s coverage of the life science & diagnostic tools sector. He will be based in New York, and will report to Robert Fagin, Cowen’s Head of Research.
“Cowen continues to build its market-leading life science & diagnostic tools franchise,” said Mr. Fagin. “Steve’s expertise in dynamic emerging market segments such as synthetic biology and artificial-intelligence driven health solutions will further differentiate our coverage.”
Cowen’s acclaimed research department consists of 61 senior analysts covering over 975 securities across multiple sectors, including health care, consumer, energy, sustainability and energy transition,...
Alico, Inc. Announces Financial Results for the Fiscal Quarter Ended December 31, 2021
Written by Customer Service on . Posted in Dividend Reports And Estimates.
FORT MYERS, Fla., Feb. 03, 2022 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces financial results for the fiscal quarter ended December 31, 2021, the highlights which are as follows:Not-from-concentrate orange juice consumption continues to be stronger than pre-pandemic levels.
Market prices per pound solids increase in fiscal year 2022.
Average pound solids per box this quarter are down from the previous year, expected to be lower this season.
Box production this quarter is slightly higher from the previous year due to timing, but expected to be lower this season.
Momentum of opportunistic ranch land sales continued with another transaction with the State of Florida.
Balance sheet remains strong with a working capital ratio of 3.69 to 1.00.
In light of expected lower fruit yield and...
Nocopi Sets Annual Stockholders Meeting Date for Thursday, June 16, 2022; Adopts Amended and Restated Bylaws
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KING OF PRUSSIA, Pa., Feb. 03, 2022 (GLOBE NEWSWIRE) — Nocopi Technologies, Inc. (OTC Pink: NNUP), a developer of specialty reactive inks used in entertainment, toy and educational products as well as in document and product authentication technologies to combat fraud, today announced that it set its Annual Stockholders Meeting date for Thursday, June 16, 2022. The annual meeting date was announced in a Form 8-K filed on February 2, 2022. The Form 8-K also disclosed the Company’s adoption of Amended and Restated Bylaws, which reflect changes to certain aspects of the Company’s Board structure and governance guidelines. Nocopi’s SEC filings are available here, where you can view the Form 8-K and the Amended and Restated Bylaws in their entirety.
Nocopi Chairman and CEO Michael Feinstein commented, “Nocopi has been transformed into...