Day: February 3, 2022

La-Z-Boy Announces Fiscal 2022 Third-Quarter Conference Call

Written by Customer Service on February 3, 2022. Posted in Public Companies.

MONROE, Mich., Feb. 03, 2022 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2022 third-quarter results after the close of trading on the New York Stock Exchange on Tuesday, February 15, 2022, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Wednesday, February 16, 2022. The dial-in phone number for the live conference call will be (888) 506-0062 for persons calling from within the U.S. or Canada, and the number for international callers will be (973) 528-0011. The participant access code is 664495. The call will be webcast live, with corresponding slides, and archived on the Internet. It will be available at https://lazboy.gcs-web.com/, and will be accessible for one year. A telephone replay will be available for one week following the call. This replay...

Dolby acquires Millicast, the real-time, ultra-low-delay video streaming platform

Written by Customer Service on February 3, 2022. Posted in Mergers And Acquisitions.

The acquisition will complement the Dolby.io platform and enable customers to develop large-scale, highly-interactive online experiences.Dolby.io + MillicastThe acquisition will complement the Dolby.io platform and enable customers to develop large-scale, highly-interactive online experiences.SAN FRANCISCO, Feb. 03, 2022 (GLOBE NEWSWIRE) — Dolby Laboratories, Inc, (NYSE DLB), a leader in immersive entertainment experiences, today announced the acquisition of Millicast, a developer platform that provides ultra-low-latency video streaming capabilities that scale to massive audiences. Millicast enables developers to take the highly interactive events they build with Dolby.io, from conferences to music concerts, and stream them from the presenter to audiences of more than 60,000 people with delays of less than 500...

New Mexico Water Service Receives Public Regulation Commission Approval to Acquire Hi Mesa Water System

Written by Customer Service on February 3, 2022. Posted in Mergers And Acquisitions.

SAN JOSE, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) subsidiary New Mexico Water Service (New Mexico Water) received approval yesterday by the New Mexico Public Regulation Commission to acquire the assets of Valencia Mesa, LLC, also known as the Hi Mesa water system, and provide regulated water utility service to its customers in unincorporated Valencia County. The Hi Mesa water system serves about 85 customer connections and is located in Los Lunas, N.M., less than one mile from New Mexico Water’s Meadow Lake service area. The transaction, expected to close by the end of 2021, is subject to the completion of conditions in the purchase agreement. “We appreciate the diligence by the New Mexico Public Regulation Commission in reviewing this transaction and look forward to working with...

Microchip Technology Declares Quarterly Cash Dividend Increase to 25.3 Cents per Share

Written by Customer Service on February 3, 2022. Posted in Dividend Reports And Estimates.

CHANDLER, Ariz., Feb. 03, 2022 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 25.3 cents per share. The dividend is payable on March 8, 2022, to stockholders of record on February 22, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 69 times since its inception. “Microchip’s financial performance in the December 2021 quarter was very strong, resulting in record cash generation and significant debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a sequential increase in our dividend of 9.1% to 25.3 cents per...

CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock and Related Depositary Shares Distribution

Written by Customer Service on February 3, 2022. Posted in Dividend Reports And Estimates.

CLEARFIELD, Pa., Feb. 03, 2022 (GLOBE NEWSWIRE) — The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the “Corporation”) has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share, resulting from the Corporation’s declaration of a $17.8125 per share dividend on its Series A Preferred Stock. The dividend is payable on March 1, 2022, for holders of record as of February 15, 2022. CNB Financial Corporation is a financial holding company with consolidated assets of approximately $5.3 billion. CNB Financial Corporation conducts business primarily through its principal subsidiary, CNB Bank. CNB Bank is a full-service bank engaging in a full range of banking activities and services, including trust and wealth management services, for individual, business, governmental, and...

Dolby Laboratories Reports First Quarter Fiscal 2022 Financial Results

Written by Customer Service on February 3, 2022. Posted in Dividend Reports And Estimates.

SAN FRANCISCO, Feb. 03, 2022 (GLOBE NEWSWIRE) — Dolby Laboratories, Inc. (NYSE:DLB) today announced the company’s financial results for the first quarter of fiscal 2022. For the first quarter, Dolby reported total revenue of $351.6 million, compared to $389.9 million for the first quarter of fiscal 2021. “We made great progress across each of our key initiatives this quarter,” said Kevin Yeaman, President and CEO, Dolby Laboratories. “The inclusion of Dolby Atmos in Samsung’s latest TVs, Dell and ASUS supporting Dolby Vision and Dolby Atmos in their PCs, and positive momentum with Dolby.io are just a few examples of how Dolby is bringing spectacular experiences to even more people around the world.” First quarter GAAP net income was $80.0 million, or $0.77 per diluted share, compared to GAAP net income...

Autoscope Technologies Corporation Names Frank G. Hallowell as President and Chief Operating Officer of Image Sensing Systems, Inc. and Announces Dividend Declaration

Written by Customer Service on February 3, 2022. Posted in Dividend Reports And Estimates.

ST. PAUL, Minn., Feb. 03, 2022 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (“Autoscope”) (NASDAQ: AATC) today announced that the board has appointed Frank G. Hallowell as President and Chief Operating Officer of Image Sensing Systems, Inc. (“ISS”) and that its Board of Directors has authorized and declared a quarterly cash dividend of $0.12 per share of its common stock. ISS is a wholly owned subsidiary of Autoscope. Mr. Hallowell assumed his new position effective February 1, 2022, and will continue to serve as Chief Financial Officer of Autoscope. Mr. Hallowell is an operationally oriented executive with over thirty years of experience in building, strengthening, and leading teams spanning a variety of industries including aviation, communications, consulting, financial, legal, and technology. He has considerable experience...

Exponent Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on February 3, 2022. Posted in Public Companies.

MENLO PARK, Calif., Feb. 03, 2022 (GLOBE NEWSWIRE) — Exponent, Inc. (Nasdaq: EXPO) today reported financial results for the fourth quarter and fiscal year 2021 ended December 31, 2021. “We finished the year strong, highlighting the exceptional performance of our team and resiliency of our business model. For the full year, net revenue grew 15%, driving a 343-basis point improvement in EBITDA1 margin compared to the prior-year period,” commented Dr. Catherine Corrigan, President and Chief Executive Officer. “Our multi-disciplinary team of engineers and scientists continues to deliver unique and innovative solutions as we broaden our client base and deepen our relationships.” “Among our proactive services, demand for human factors and machine learning studies was strong throughout 2021 and is expected to continue as clients seek...

Vistas Media Acquisition Company Inc. and Anghami Inc. Announce Closing of Business Combination

Written by Customer Service on February 3, 2022. Posted in Mergers And Acquisitions.

Anghami Expected to Begin Trading on the NASDAQ on February 4, 2022 at 9:30 AM ET Under the Ticker Symbol “ANGH” NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) — Vistas Media Acquisition Company Inc. (NASDAQ: VMAC) (“VMAC”), a publicly traded special purpose acquisition company (“SPAC”) led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, and Anghami Inc. (“Anghami” or the “Company”), the leading music streaming platform and service in the Middle East and North Africa, announced today the completion of their business combination (the “Business Combination”). The Business Combination was approved by a majority of VMAC stockholders at a special meeting held on January 19, 2022. Following the closing of this Business Combination, the common stock of the surviving company will begin trading in the United States...

Great Elm Capital Corp. Expands Its Specialty Finance Footprint With the Purchase of a Majority Equity Interest in Sterling Commercial Credit

Written by Customer Service on February 3, 2022. Posted in Mergers And Acquisitions.

WALTHAM, Mass., Feb. 03, 2022 (GLOBE NEWSWIRE) — Great Elm Capital Corp. (“we,” “us,” “our,” or “GECC,”) (NASDAQ: GECC), a business development company, today announced that it has acquired a majority equity interest in Sterling Commercial Credit, LLC (“Sterling”) a leading asset-based lender. Established in 2004, Sterling provides asset-based loans to middle market companies throughout the United States. The Sterling team has been active in the commercial finance industry for over 30 years. Transaction DetailsGECC is purchasing a majority ownership position in Sterling for $7.54 million, consisting of $4.94 million in cash and $2.60 million in GECC shares issued at GECC’s net asset value (NAV). In connection with the transaction, GECC is also providing subordinated debt to Sterling. The majority of the proceeds from the transaction...

Day: February 3, 2022

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