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Day: February 7, 2022

Coveo Reports Third Quarter Fiscal 2022 Financial Results

SaaS Subscription Revenue grew 50% year-over-year to $21.2 millionTotal revenue increased 39% percent year-over-year to $23.2 millionCurrent SaaS Subscription Remaining Performance Obligations grew 49% to $72.2 million Coveo reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL and SAN FRANCISCO, Feb. 07, 2022 (GLOBE NEWSWIRE) — Coveo Solutions Inc. (“Coveo” or the “Company”) (TSX: CVO), a leader in AI-powered relevance platforms that helps to transform search, recommendations, and personalization within digital experiences, today announced financial results for its third quarter of fiscal 2022, ended December 31, 2021. “We delivered record results in the third quarter demonstrating the demand for AI-powered relevance within modern digital businesses,” said Louis Têtu, Chairman...

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Simmons Receives Federal Reserve Approval for Pending Acquisition of Spirit of Texas Bancshares, Inc.

PINE BLUFF, Ark., Feb. 07, 2022 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (the “Company” or “Simmons”) announced today that the Federal Reserve Bank of St. Louis (“Federal Reserve”) has approved Simmons Bank’s application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares, Inc. (“Spirit”), based in Conroe, Texas. The Federal Reserve also accepted Simmons’ waiver request with respect to its application for its proposed acquisition of Spirit. “We are pleased to receive Federal Reserve approval of our acquisition of Spirit that will accelerate our growth trajectory and drive long-term shareholder value,” said George A. Makris, Jr., Simmons’ chairman and CEO. “Strengthening our Texas franchise has been a strategic priority. The opportunity to partner...

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Corum Client Social5 Acquired by Pluribus

SEATTLE, Feb. 07, 2022 (GLOBE NEWSWIRE) — Corum announces today that their client, Social5, has been acquired by Pluribus Technologies Corp. Utah-based Social5 is a social media marketing company that uses proprietary technologies to provide affordable marketing solutions to an underserved SMB market. This is the second eCommerce acquisition for Pluribus, continuing their consolidation strategy in the eCommerce space. “We are delighted to have brought this transaction to a successful close. Social5 is a unique business and Pluribus is a perfect home,” said Mark Blundell, Corum dealmaker, who led the transaction. “Social5 will contribute to the Pluribus group, as well as grow its own business in partnership with Pluribus’ other companies. We expect a bright future for Pluribus and Social5 together.” “It was a pleasure to work with...

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Edf: EDF updates its 2022 French nuclear output estimate

  PRESS RELEASE7 February 2022      EDF updates its 2022 French nuclear output estimate As part of its control program on the French nuclear fleet (see 13 January 2022 press release), EDF revises its 2022 nuclear output estimate from 300 – 330 TWh to 295 – 315 TWh. The 2023 French nuclear output estimate, currently 340 – 370 TWh, will be updated as soon as possible. This press release is certified. Its authenticity can be checked on medias.edf.com          About EDF As a major player in energy transition, the EDF Group is an integrated energy company active in all businesses: generation, transmission, distribution, energy trading, energy sales and energy services. EDF group is a world leader in low-carbon energy, having developed a diverse production mix based mainly on nuclear and renewable energy (including hydropower)....

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DHT Holdings, Inc. Fourth Quarter 2021 Results

HAMILTON, BERMUDA, February 7, 2022 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2021. The full report is available here and in the below attachment. About DHT Holdings, Inc. DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Singapore and Norway. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect...

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ASTEC Announces Business Update and Fourth Quarter and Full Year 2021 Earnings Call

CHATTANOOGA, Tenn., Feb. 07, 2022 (GLOBE NEWSWIRE) — Astec Industries, Inc. (Nasdaq: ASTE) today announced the following unaudited, preliminary fourth quarter 2021 performance details. Astec Industries, Inc. (“Astec” or the “Company”) experienced strong demand and achieved record backlog in the fourth quarter of 2021 as the Company continued to serve its customers despite macro driven headwinds. Preliminary results show revenue of $267.8 million for the fourth quarter of 2021, a 12.1% increase compared to the fourth quarter of 2020. However, gross profit margin in the fourth quarter of 2021 was negatively impacted by 350 basis points compared to the fourth quarter of the prior year as a result of manufacturing challenges due to supply chain and logistic disruptions as well as pandemic related labor restrictions combined with net...

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CVR Partners Announces Notice of Full Redemption for its 9.250% Senior Secured Notes Due 2023

SUGAR LAND, Texas, Feb. 07, 2022 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners”) (NYSE: UAN) today announced that CVR Partners and its indirect wholly owned subsidiary, CVR Nitrogen Finance Corporation (together with CVR Partners, the “Issuers”), delivered a notice of full redemption for the remaining balance of the Issuers’ outstanding 9.250% Senior Secured Notes due 2023 (the “2023 Notes”) at a par redemption price, plus accrued and unpaid interest on the redeemed portion of the 2023 Notes, to be redeemed on February 22, 2022. As of February 7, 2022, there was outstanding an aggregate principal amount of $65 million of the 2023 Notes. Wilmington Trust, National Association is the trustee for the 2023 Notes and is serving as the paying agent for the full redemption. Forward-Looking Statements This news release contains forward-looking...

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CFM56 maintenance for WestJet by Lufthansa Technik

Engine maintenance optimization by smart.life Inclusive of Engine Overhauls and Mobile Engine Services Lufthansa Technik’s unprecedented collaboration with FTAI Aviation The exclusive seven-year program begins in January 2023 to support WestJet’s fleet of CFM56-7B engines.NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) — WestJet has awarded its CFM56-7B engine maintenance program to Lufthansa Technik. This agreement provides WestJet with access to a wide range of services including overhaul capabilities and on-site maintenance support. Under a separate agreement, Lufthansa Technik has collaborated with FTAI Aviation LLC (“FTAI Aviation”), a subsidary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), to provide access to CFM56 modules and material to support this maintenance program. An important principle of...

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Pzena Investment Management, Inc. Announces January 31, 2022 Assets Under Management

NEW YORK, Feb. 07, 2022 (GLOBE NEWSWIRE) — Pzena Investment Management, Inc. (NYSE: PZN) today reported its preliminary assets under management as of January 31, 2022. AUM for month-end January 2022, month-end December 2021, and month-end January 2021 are listed below: Pzena Investment Management, Inc. Assets Under Management1 ($ billions)    As of     As of     As of      January 31, 2022     December 31, 2021     January 31, 2021  Account Type                  Separately Managed Accounts   $ 20.1     $ 19.4     $ 17.0  Sub-Advised Accounts     31.3       30.5       23.1  Pzena Funds     2.7       2.6       2.7  Total   $ 54.1     $ 52.5     $ 42.8  Investment Strategy                  U.S. Value Strategies                  Large Cap Value   $ 12.0     $ 11.8     $ 9.1  Mid Cap Value     3.1       3.0       2.5  Small...

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Hillman to Report Fourth Quarter and Fiscal 2021 Results

CINCINNATI, Feb. 07, 2022 (GLOBE NEWSWIRE) — Hillman Solutions Corp. (Nasdaq: HLMN) (the “Company” or “Hillman”) today announced it plans to host a conference call to discuss the financial results for the fourth quarter ended December 25, 2021 on Wednesday, March 2, 2022, at 8:30am ET. Participants may join the call by dialing either the toll-free or international number below a few minutes before the call start time.   Call Details:March 2, 2022 8:30 am ET Toll-Free Dial-In: (866) 673-2033 International Dial-In: (409) 217-8313 Passcode: 5693690A live audio webcast of the conference call will also be available in a listen-only mode on the Investor Info page of the Company’s website, which is located at www.ir.hillmangroup.com. Participants who want to access the webcast should visit the company’s website...

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