Month: February 2022

NEW YORK, Feb. 15, 2022 (GLOBE NEWSWIRE) — WW International, Inc. (NASDAQ: WW) will release its results for the fourth quarter and full year 2021 after market close on Tuesday, March 1, 2022. WW will host a conference call at 5:00 p.m. ET the same day. During the conference call, Mindy Grossman, President and Chief Executive Officer, Nicholas Hotchkin, Chief Operating Officer, and Amy O’Keefe, Chief Financial Officer, will discuss the fourth quarter and full year 2021 results and answer questions from the investment community. The live webcast of the conference call will be available on the Company’s corporate website, corporate.ww.com, in the Investors section under Presentations and Events. Supplemental investor materials will also be available in the same location prior to the start of the webcast. A replay of the webcast will...

EMERYVILLE, Calif., Feb. 15, 2022 (GLOBE NEWSWIRE) — NMI Holdings, Inc. (Nasdaq: NMIH) today reported net income of $60.5 million, or $0.69 per diluted share, for the fourth quarter ended December 31, 2021, which compares to $60.2 million, or $0.69 per diluted share, in the third quarter ended September 30, 2021 and $48.3 million, or $0.56 per diluted share, in the fourth quarter ended December 31, 2020. Adjusted net income for the quarter was $63.5 million or $0.73 per diluted share, which compares to $61.8 million or $0.71 per diluted share in the third quarter ended September 30, 2021 and $50.8 million or $0.59 per diluted share in the fourth quarter ended December 31, 2020. Net income for the full year ended December 31, 2021 was $231.1 million or $2.65 per diluted share, which compares to $171.6 million, or $2.13 per diluted...

(In United States dollars, except where noted otherwise) TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today reported results for the three months and year-ended December 31, 2021. For the three months ended December 31, 2021 (“Q4”), the Company reported net earnings attributable to shareholders of the Company of $247 million ($0.36 per share), adjusted earnings1 of $306 million ($0.44 per share2), and cash flows from operating activities of $760 million ($1.10 per share2). For the year-ended 2021, the Company reported net earnings attributable to shareholders of the Company of $832 million ($1.21 per share), adjusted earnings1 of $826 million ($1.20 per share2), and cash flows from operating activities of $2,885 million ($4.19 per share2). “First Quantum’s operations...

Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposalOn 8 November 2021, Baltic Horizon Fund signed a real right agreement with HITS Investments OÜ to sell the land plot located at Paldiski mnt 80, Tallinn together with the G4S Headquarters office building. The sales price was EUR 15.35 million (excluding value added tax) matching approximately the latest valuation. The IRR for the holding period of more than 5 years was around 11.2%, while equity multiple was 1.7. The decision to dispose of the asset was made to avoid high re-leasing risk and potential capital expenditure of bringing the asset to a high energy efficiency standard.  The proceeds of the transaction...

Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposalOn 8 November 2021, Baltic Horizon Fund signed a real right agreement with HITS Investments OÜ to sell the land plot located at Paldiski mnt 80, Tallinn together with the G4S Headquarters office building. The sales price was EUR 15.35 million (excluding value added tax) matching approximately the latest valuation. The IRR for the holding period of more than 5 years was around 11.2%, while equity multiple was 1.7. The decision to dispose of the asset was made to avoid high re-leasing risk and potential capital expenditure of bringing the asset to a high energy efficiency standard.  The proceeds of the transaction...

NEW YORK, Feb. 15, 2022 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) is pleased to announce that Lorence Kim, M.D., has been appointed to its Board of Directors, effective February 15, 2022. The appointment will increase the size of Cowen’s Board to nine members. “With his background in both health care and finance, Lorence is a tremendous addition to our Board,” said Jeffrey M. Solomon, Chair and Chief Executive Officer of Cowen. “As a well-respected member of the biotech community, Lorence brings his valuable operating experience and detailed understanding of a very important industry for us at Cowen. We look forward to his perspectives and expertise as we continue to execute on our strategy and drive value for Cowen’s stakeholders.” Dr. Kim is currently a Venture Partner at Third Rock Ventures. Until...

TORONTO, Feb. 15, 2022 (GLOBE NEWSWIRE) — Canadian Banc Corp. (the “Company”) is pleased to announce it will undertake an offering of Preferred Shares and Class A Shares of the Company. The offering will be led by National Bank Financial Inc. The Preferred Shares will be offered at a price of $10.35 per Preferred Share to yield 4.8% and the Class A Shares will be offered at a price of $15.75 per Class A Share with a target yield of 15.0%. The closing price on the TSX of each of the Preferred Shares and the Class A Shares on February 14, 2022 was $10.49 and $15.71, respectively. Since inception of the Company, the aggregate dividends paid on the Preferred Shares have been $8.75 per share and the aggregate dividends paid on the Class A Shares have been $17.64 per share, for a combined total of $26.38 per unit. All distributions to...

Statement by Bart Demosky, Executive Vice President and Chief Financial Officer, Bombardier: MONTRÉAL, Feb. 15, 2022 (GLOBE NEWSWIRE) — Earlier today, Bombardier Inc. (TSX: BBD.B) announced the partial redemption of $200 million of its 7.500% Senior Notes due 2024 and $200 million of its 7.500% Senior Notes due 2025. Thanks to our stellar performance in 2021, we did this redemption by using cash from our balance sheet. This marks another important milestone in deleveraging Bombardier’s balance sheet and reducing the cost of debt, which remain our main priorities as we continue to grow our business. Thanks to our strong 2021 results, we can now accelerate the repayment of our debts from the free cash generated in the past year. All of us at Bombardier will continue to work hard to steer the company further on the course we charted...

Fort Lauderdale, Florida, Feb. 15, 2022 (GLOBE NEWSWIRE) — Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today gave an update on its previously announced  pricing of an underwritten public  offering of its commons stock, pursuant to a “shelf” registration statement filed with the U.S. Securities Exchange Commission on October 8, 2021 (the “Offering”).  As previously announced the Company will sell 2,000,000 shares in the Offering for gross proceeds of approximately $8 million. The Company has also granted the underwriters a 45-day option to purchase up to an additional 300,000 shares of common stock at the public offering price, less the underwriting discounts and commissions, to cover over-allotments, if any. The Offering is expected to close on...

BOISE, Idaho, Feb. 15, 2022 (GLOBE NEWSWIRE) — PCS Edventures!, Inc., (PCSV) a leading provider of K-12 Science, Technology, Engineering and Mathematics (STEM) education programs and drone products, today announced unaudited results of operations for its third quarter of Fiscal Year 2022, which ended on December 31, 2021. Revenue was $0.57 million, which was 61% higher than the $0.36 million in revenue for the same period last year. Net income for the third quarter was ($0.15 million) compared to ($0.04 million) for the third quarter of Fiscal Year 2021. The Company ended the quarter with $0.26 million in cash. Michael Bledsoe, President, commented, “Business conditions continue to improve for us compared to those in the year-ago period. Our third fiscal quarter ending in December is the seasonal low point of the year for us and...