Day: February 11, 2022
LOS ANGELES, Feb. 11, 2022 (GLOBE NEWSWIRE) — During the three months ended December 31, 2021, Daily Journal Corporation (NASDAQ:DJCO) had consolidated revenues of $11,528,000 as compared with $10,420,000 in the prior year period. This increase of $1,108,000 was primarily from increases in (i) Journal Technologies’ consulting fees of $1,517,000 and public service fees of $99,000, and (ii) the Traditional Business’ advertising net revenues of $102,000, partially offset by decreases in (i) Journal Technologies’ license and maintenance fees of $553,000 and (ii) the Traditional Business’ circulation revenues of $93,000.
The Traditional Business’ pretax income decreased by $42,000 to $506,000 from $548,000 in the prior fiscal year period. Journal Technologies’ business segment pretax loss decreased by $413,000 to $450,000 from $863,000...
Sotherly Hotels Inc. Completes Sale of Jeffersonville, Indiana Hotel
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WILLIAMSBURG, Va., Feb. 11, 2022 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company has closed on the sale of the Sheraton Louisville Riverside Hotel (the “Hotel”) in Jeffersonville, Indiana for $11.5 million.
“We are pleased with the completion of the sale of the Sheraton Louisville Riverside Hotel,” noted Dave Folsom, Chief Executive Officer of the Company. “This hotel was identified as an asset that no longer fit the long-term strategic objectives of the Company. We believe the Company garnered an attractive valuation for the asset, which equates to approximately 21.0x EBITDA multiple and 2.5% cap rate based on 2019 results. This disposition will be immediately accretive to our cash flow, meanwhile it will allow the Company to streamline its management efforts and focus on growing...
Safe Bulkers Inc. Announces Pricing of €100 Million Unsecured Bonds
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MONACO, Feb. 11, 2022 (GLOBE NEWSWIRE) — Safe Bulkers Inc. (the “Company”) (NYSE: SB) announced today that its wholly owned subsidiary, Safe Bulkers Participations Plc, has successfully priced its previously announced offering of €100 million of unsecured bonds (the “Bonds”) to be listed on the Athens Exchange (“ATHEX”). The Bonds have a coupon of 2.95% payable semi-annually. The Bonds are guaranteed by the Company and will mature in 2027. The trading of the Bonds on the ATHEX is expected to commence on February 14, 2022 under the ticker symbol SBB1.
The net proceeds of the offering are intended to be used for the acquisition of vessels, redemption of preferred shares, repayment of debt and/or general corporate purposes.
Dr. Loukas Barmparis, President of the Company commented: “We are pleased to announce the closing of the first...
WHO grants prequalification of Actemra/RoActemra for patients with severe or critical COVID-19
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WHO’s prequalification adds to several mechanisms already in place to improve access to Actemra/RoActemra for people with COVID-19 in low- and middle-income countries
Since the beginning of the pandemic, more than one million patients with severe COVID-19 have been treated with Actemra/RoActemra, as recommended in global treatment guidelines
Twelfth Roche medicine or test to be prequalifiedBasel, 11 February 2022 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that Actemra®/RoActemra® (tocilizumab) intravenous (IV) has been granted World Health Organization (WHO) prequalification. Prequalification is a confirmation by WHO that Actemra/RoActemra meets the WHO standards for quality, safety and efficacy for the treatment of COVID-19 in adults who are receiving systemic corticosteroids and require supplemental oxygen or mechanical...
Progyny, Inc. Announces Details for Its Fourth Quarter and Full Year 2021 Results Report
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NEW YORK, Feb. 11, 2022 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a leading benefits management company specializing in fertility and family building benefits solutions in the United States, will report its financial results for the quarterly period and full year ended December 31, 2021 after the close of the market on Monday, February 28, 2022.
The company will host a conference call at 4:45 P.M. Eastern Time (1:45 P.M. Pacific Time) and issue a press release regarding its financial results prior to the start of the call.
Interested participants in the United States may access the conference call by dialing 1.866.825.7331 and using the passcode 265484. International participants may access the call by dialing 1.973.413.6106 and using the same passcode.
An audio replay of the call will be available through Monday, March...
PURA Tunes Farmersville Hemp Logo For Industrial Hemp Campaign
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Dallas, Texas, Feb. 11, 2022 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today released an update to its preliminary Farmersville Hemp logo first published yesterday looking for shareholder feedback. PURA management wants to thank everyone that sent in suggestions. Management says the logo is still a work in progress and asks for the feedback to keep coming. Send your comments and recommendations here.
PURA recently published its industrial hemp 2022 strategic overview detailing the company’s plan to grow revenue and increase shareholder value by driving market wide demand for the multitude of yet to be realized uses of hemp.
The industrial hemp industry, to include the portion of CBD exclusively from hemp, is anticipated to grow to $18 billion by 2026.
PURA management thinks this is a substantial underestimate because...
VINCI Airports – Publications by London Gatwick Airport
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Nanterre, 11 February 2022
VINCI Airports – Publications by London Gatwick Airport
London Gatwick Airport, a 50.01%-owned subsidiary of VINCI Airports, is today publishing its quarterly information package at 31 December 2021.
It includes the latest data on traffic and information on financial covenants associated with Gatwick Funding Limited.
Furthermore, London Gatwick Airport also announced that operations from South Terminal will resume from 27 March 2022. This terminal was closed since almost two years given the exceptional circumstances which affected air travel.
The published information is available at the following links:
https://www.gatwickairport.com/business-community/about-gatwick/investor-relations/other-financial-documents/
https://www.mediacentre.gatwickairport.com/press-releases/all/22_02_11_south_terminal_reopening.aspx
About...
Volta Finance Limited : Net Asset Value as at 31 January 2022
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Volta Finance Limited (VTA / VTAS) – January 2022 monthly report
NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES
***** Guernsey, 11 February 2022
AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for January. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).
PERFORMANCE and PORTFOLIO ACTIVITY
A good start for 2022 with a gain of 1.7% in January despite a challenging environment. Many markets, especially fixed income credit markets and equities are adapting themselves to a new environment regarding central banks’ actions. The Fed is now expected to increase its rate by more than 100bps in 2022 while a first hike from the ECB is now priced for 2022 (AXA IM Research, January...
Boussard & Gavaudan Holding Ltd (GBP): Newsletter January 2022
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Good afternoon,
Please find enclosed BGHL January 2022 Newsletter.
Best regards, Enquiries:
Boussard & Gavaudan Investment Management, LLP Email: info@bgam-uk.com
This document is issued by Boussard & Gavaudan Investment Management, LLP. which is authorised and regulated in the conduct of investment business by the Financial Conduct Authority in the United Kingdom. This document is for information purposes only and is not an offer to invest. Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. Boussard & Gavaudan Holding Limited is registered with the Dutch Authority for Financial Markets as a collective investment scheme under article 1.107 of the Dutch Financial Markets Supervision Act. All investment is subject to risk. Past performance is no guarantee...
Boussard & Gavaudan Holding Ltd (EUR): Newsletter January 2022
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Good afternoon,
Please find enclosed BGHL January 2022 Newsletter.
Best regards, Enquiries:
Boussard & Gavaudan Investment Management, LLP Email: info@bgam-uk.com
This document is issued by Boussard & Gavaudan Investment Management, LLP. which is authorised and regulated in the conduct of investment business by the Financial Conduct Authority in the United Kingdom. This document is for information purposes only and is not an offer to invest. Boussard & Gavaudan Holding Limited is a closed-ended investment company incorporated under the laws of Guernsey. Boussard & Gavaudan Holding Limited is registered with the Dutch Authority for Financial Markets as a collective investment scheme under article 1.107 of the Dutch Financial Markets Supervision Act. All investment is subject to risk. Past performance is no guarantee...