Aerojet Rocketdyne Positioned to Continue Driving Growth, Profitability and Value Creation

Written by Customer Service on February 13, 2022. Posted in Mergers And Acquisitions.

Announces Termination of Merger Agreement with Lockheed Martin EL SEGUNDO, Calif., Feb. 13, 2022 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE: AJRD) (the “Company”) today reaffirmed its strong foundation for substantial value creation following the termination of its merger agreement with Lockheed Martin Corporation. The Company issued the following statement: We are poised to deliver substantial value to our shareholders driven by our continued leadership in key space exploration and defense growth markets, including by advancing hypersonics and strategic, tactical and missile defense systems. Aerojet Rocketdyne has delivered strong shareholder returns of 166% over the five years prior to the transaction announcement, significantly outperforming the Aerospace and Defense Index by 33% and the S&P 500 by 62%. We...

ACM Research Receives Multiple Purchase Orders for Ultra C wb Wet Bench Tools

Written by Customer Service on February 13, 2022. Posted in Public Companies.

Largest purchase order for wet bench systems in ACM’s history;Wet bench product line expanded to include Ultra-Low-Pressure Dry (ULD) technology FREMONT, Calif., Feb. 13, 2022 (GLOBE NEWSWIRE) — ACM Research, Inc. (ACM) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging (WLP) applications, today announced volume purchase orders for 29 Ultra C wb wet bench tools for 300 mm wafer applications. The orders are from multiple China-based customers, and include repeat orders for 16 tools from an emerging foundry customer to support its ongoing fab expansion. Shipments are scheduled in two phases, beginning in the first half of 2022. “Our wet bench systems were developed to meet our customers’ needs for a full range of wet cleaning technologies across multiple nodes,” said...

Is DraftKings A Good Investment In Its Current Low?

Written by Customer Service on February 13, 2022. Posted in Public Companies.

DraftKings is well positioned to benefit from the growing shift in State attitudes on sports betting. DraftKings is an online sports platform where users can participate in daily fantasy sports and earn cash prizes. According to IBD statistics, the firm anticipated a loss of $3.60 per share in 2021 and $2.40 per share in 2022 after losing $3.95 per share in 2020. This being said, DraftKings is on its way to being profitable. DraftKings missed their Q3 profit and sales forecasts on November 5th. On revenue of $212.8 million, the firm lost an adjusted $1.35 per share. Meanwhile, management raised the midpoint of its fiscal 2021 sales projection to $1.26 billion from a previous $1.25 billion. For their 2022 fiscal year, the business expects sales to range between $1.7 billion and $1.9 billion, while analysts expect $1.29 billion in revenue. Latest...

EnviroGold Global Seeks to Double Potential High-Grade Tailings Project Upside with Initiation of Coring Program Targeting Major Polymetallic Tailings Deposit Extension at Buchans Project in Newfoundland and Labrador, Canada

Written by Customer Service on February 13, 2022. Posted in Public Companies.

TORONTO, Feb. 13, 2022 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: RGOZF |FSE: YGK) (“EnviroGold Global” or the “Company“), a Clean Technology Company accelerating the world’s transition to a circular-resource economy through the production of Metals Without Mining, is pleased to announce it will initiate a coring program targeting the recently discovered “Western Arc” polymetallic tailings extension identified by a January 2022 independent geophysical survey (link) that indicated substantial additional tailings and major upside potential in the Jeff Wall Claim. The Jeff Wall Claim is subject to EnviroGold Global’s definitive commercial agreement (link) allowing the Company to reprocess and recover precious, critical and strategic metals from legacy mine tailings located on 1,225 hectares (3,025 acres) of mining...

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Day: February 13, 2022