Month: February 2022

SiriusPoint Announces Dividend on Series B Preference Shares

Written by Customer Service on February 16, 2022. Posted in Dividend Reports And Estimates.

HAMILTON, Bermuda, Feb. 16, 2022 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on February 28, 2022 to Series B shareholders of record as of February 25, 2022. About SiriusPoint SiriusPoint Ltd. (SiriusPoint) is a top 20 global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices around the world, we are listed on the New York Stock Exchange (SPNT). With over $3 billion total capital, SiriusPoint’s operating companies have a financial...

Progressive Reports January 2022 Results

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, Feb. 16, 2022 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for January 2022: January (millions, except per share amounts and ratios; unaudited)2022 2021 Change Net premiums written $ 4,585.2 $ 4,104.2 12% Net premiums earned $ 4,474.8 $ 3,947.8 13% Net income $ 25.8 $ 557.5 (95)%Per share available to common shareholders $ 0.04 $ 0.95 (96)% Total pretax net realized gains (losses) on securities $ (347.9 ) $ 108.2 (422)% Combined ratio 92.9 86.3 6.6 pts. Average diluted equivalent common shares 586.2 587.2 0% January (thousands; unaudited) 2022 2021 Change Policies in Force Personal Lines Agency – auto 7,833.5 7,696.7 2%Direct – auto 9,556.2 9,022.7 6%Total...

SalMar – Received pre-acceptances of the voluntary offer to purchase all outstanding shares in NTS ASA

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Frøya/Rørvik, 16 February 2022 Reference is made to the stock exchange notice published on 14 February 2022 (the “Stock Exchange Notice“) informing that SalMar ASA (“SalMar“) will launch a voluntary offer to purchase all outstanding shares in NTS ASA (“NTS” or the “Company“) at NOK 120 per share (the “Offer Price“) (the “Offer“), where it was announced that SalMar had received irrevocable pre-acceptances of the Offer from shareholders that together own 29 727 803 shares in NTS, equaling approximately 23.6 % of the outstanding shares in the Company, for all the shares they own (the “Announcement Pre-acceptances“). SalMar has today received additional irrevocable pre-acceptances of the Offer, on the same terms as the Announcement Pre-acceptances, from Nils...

Stellantis to Outline Long-term Strategic Plan on March 1

Written by Customer Service on February 16, 2022. Posted in Public Companies.

Stellantis to Outline Long-term Strategic Plan on March 1 AMSTERDAM, February 16, 2022 – Stellantis N.V announced today it will outline its long-term strategic plan on Tuesday, March 1, 2022 at 2 p.m. CET / 8 a.m. EST. Carlos Tavares, Chief Executive Officer, will share Stellantis’ long-term strategic plan to further define how the Company intends to lead the way the world moves. Details for accessing the event are available under the Investors section of the Stellantis corporate website at www.stellantis.com. A recorded replay will be accessible under the Investors section of the Stellantis corporate website after the event. About Stellantis Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary...

ECGI Issues Shareholder Update Letter From the CEO

Written by Customer Service on February 16, 2022. Posted in Public Companies.

LOS ANGELES, Feb. 16, 2022 (GLOBE NEWSWIRE) — via InvestorWire – ECGI HOLDINGS INC. (OTC: ECGI) (“ECGI” or the “Company”), D/B/A Elite Cannabis Group Incorporated, a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, is pleased to issue the following Letter to Shareholders from the Company’s CEO: Dear Valued Shareholder, I would like to begin today by expressing our sincere gratitude for your commitment, patience, and loyalty as shareholders of ECGI as we undertake a defining transition to drive shareholder value where we see a strong combination of strategic edge and outsized growth potential. We will fill in further details in coming communications, but we want shareholders to understand now that we have already taken important strides toward commercial stage operations in the cannabis...

BriaCell Appoints Renowned Oncologist, Giuseppe Del Priore, MD, MPH, as Chief Medical Officer

Written by Customer Service on February 16, 2022. Posted in Public Companies.

PHILADELPHIA and VANCOUVER, British Columbia, Feb. 16, 2022 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (Nasdaq: BCTX, BCTXW) (TSX: BCT) (“BriaCell” or the “Company”), a clinical-stage biotechnology company specializing in targeted immunotherapies for advanced breast cancer, announces the appointment of Giuseppe Del Priore, MD, MPH, as the Company’s Chief Medical Officer (CMO), effective today. Dr. Del Priore will oversee the clinical and regulatory aspects of BriaCell’s current and upcoming clinical trials including the ongoing Phase I/IIa combination study of BriaCell’s lead candidate, Bria-IMT™, with Incyte’s checkpoint inhibitors, retifanlimab and epacadostat in advanced breast cancer. “We are thrilled to welcome Dr. Del Priore to our leadership team. Dr. Del Priore is an accomplished senior executive with extensive...

Aemetis India to Acquire Site for Biodiesel and Sustainable Aviation Fuel Feedstock Refining Facility

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

India biodiesel plant adds pre-treatment facility to convert crude tallow into refined tallow for biodiesel production and export of feedstock to California CUPERTINO, CA, Feb. 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that the Universal Biofuels subsidiary of Aemetis in Kakinada, India has agreed to acquire a site to construct a tallow oil refining facility. The refining facility is designed to supply feedstock to the existing Aemetis 50 million gallon per year biodiesel plant located on the East Coast of India and provide future feedstock supply to the Aemetis 90 million gallon sustainable aviation fuel (SAF) and renewable diesel (RD) plant being built in Riverbank, California. “Our circular bioeconomy...

Great Lakes Reports Fourth Quarter and Full Year 2021 Results

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

Fourth quarter net income of $24.7 millionFourth quarter adjusted EBITDA of $48.2 millionFull year net income of $49.4 millionFull year adjusted EBITDA of $127.4 millionBacklog of $551.6 million at December 31, 2021 HOUSTON, Feb. 16, 2022 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2021. Fourth Quarter 2021 HighlightsRevenue was $210.0 million for the fourth quarter 2021, a $37.9 million increase over the prior year fourth quarter. Gross margin percentage was 25.2% for the fourth quarter 2021 as compared to 19.4% in the prior year fourth quarter. Total operating income was $36.5 million, an increase of $19.2 million or 111.0%...

Fairfax Announces Acquisition of Additional Fairfax India Shares

Written by Customer Service on February 16, 2022. Posted in Mergers And Acquisitions.

TORONTO, Feb. 16, 2022 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”) announces that it has acquired, through its subsidiaries, an aggregate of 5,416,000 subordinate voting shares (the “Subordinate Voting Shares”) of Fairfax India Holdings Corporation (TSX: FIH.U) (“Fairfax India”), representing 4.93% of the issued and outstanding Subordinate Voting Shares of Fairfax India, from two existing shareholders at a price of US$12.00 (approximately C$15.29) per Subordinate Voting Share for an aggregate purchase price of approximately US$64.9 million (approximately C$82.8 million) (the “Share Purchase”). Prior to the Share Purchase, Fairfax beneficially owned, and/or exercised control or direction over, (i) 23,030,285 Subordinate Voting Shares, representing 20.97% of Fairfax India’s issued and outstanding...

AMC Networks Inc. Reports Full Year and Fourth Quarter 2021 Results

Written by Customer Service on February 16, 2022. Posted in Earnings Releases And Operating Results.

On track to achieve long-term target of 20 million to 25 million streaming subscribers by year-end 2025Ended 2021 with more than 9 million aggregate paid streaming subscribersFull year 2021 financial results exceeded financial outlook with record revenue NEW YORK, Feb. 16, 2022 (GLOBE NEWSWIRE) — AMC Networks Inc. (“AMC Networks” or the “Company”) (NASDAQ: AMCX) today reported financial results for the fourth quarter and full year ended December 31, 2021. Interim Chief Executive Officer Matt Blank said: “2021 was a strong, pivotal year for AMC Networks. We met or exceeded all of our guidance metrics, delivering the highest revenue in our company’s history and full-year U.S. advertising and subscription growth reinforcing the strength of our core business. We ended the year with more than nine million paid streaming...

Month: February 2022

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