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Day: March 16, 2022

Sogeclair: Annual results for 2021

Blagnac, France, March 16th 2022-5.35pm,Montreal, Canada ANNUAL RESULTS FOR 2021 Consolidated turnover: €121.0M, -1.6% (Like-for-file perimeter and exchange rate basis: +2.1%)EBITDA (1): €10.5M, +61.5%Equity: €60.8M, +27.8% SOGECLAIR, supplier of innovative solutions with high added value for a safer and less-consuming mobility announces today its financial results for the year ended December 31st 2021.The Board of Directors met on March 10, 2022 has approved the financial statements for the year ended December 31, 2021. The audit procedures on the annual accounts have been carried out.As announced and despite a very negative base effect in the first quarter, business grew by 2.1% on a like-for-file perimeter and exchange rate basis, EBITDA rose sharply by 61.5%, and equity increased by 27.8%.In €M 2021 2020 2021 / 2020   Turnover  121.0 123.1 -1.6%  International 57.1 64.9 -12.0%  EBITDA...

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Signing of agreements on issuance of treasury securities and market making in the secondary market

The Minister of Finance and Economic Affairs tasks the Central Bank of Iceland’s Government Debt Management department with concluding agreements on issuance of Treasury securities and market making in the secondary market. Resident entities that have an operating licence in accordance with Article 4, Paragraph 1, Items 1-3 of the Act on Financial Undertakings, no. 161/2002, that have the equipment needed to participate in Treasury securities auctions and can demonstrate a secure settlement of transactions through the Central Bank of Iceland, may request to be parties to the agreement. Primary dealers have the exclusive right to submit bids at auctions where benchmark Treasury securities are offered for purchase or sale. They also receive access to special facilities such as repurchase agreements or Treasury securities lending, in accordance...

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Inscape announces the sale process for surplus real estate to continue

HOLLAND LANDING, Ontario, March 16, 2022 (GLOBE NEWSWIRE) — Inscape Corporation (“Inscape” or the “Company”) (TSX: INQ), announces that the Proposed Transaction outlined in its press release of February 3, 2022, will not proceed given the Property Condition Precedent detailed in that press release was invoked by the Purchaser. As a result, the expected closing of the Proposed Transaction will not occur on May 31, 2022, as previously announced. The Company will continue its sale process for this property until a suitable buyer is obtained. About Inscape Since 1888, Inscape has been designing products and services that are focused on the future, so businesses can adapt and evolve without investing in their workspaces all over again. Our versatile portfolio includes systems furniture, storage, and walls – all of which are adaptable...

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Southern States Bancshares, Inc. Announces Appointment of Mark Chambers as Director and CEO of Southern States Bank

ANNISTON, Ala., March 16, 2022 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States” or the “Company”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), and Stephen Whatley, Chairman and CEO of Southern States Bancshares, today announced the appointment of Mark Chambers to the board of directors of the Company and the Bank. In addition to continuing to serve as President of both the Company and the Bank, Mr. Chambers was appointed CEO of the Bank. Mr. Chambers has served as president of both Southern States and the Bank since 2019. From 2007 until 2019, he served as Senior Executive Vice President and President of the Bank’s Southeast Region. Prior to joining Southern States, Mr. Chambers worked as a Market President at Wachovia Bank from 2004...

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Biogen Announces Peer-Reviewed Publication of ADUHELM® Phase 3 EMERGE and ENGAGE Data in The Journal of Prevention of Alzheimer’s Disease

CAMBRIDGE, Mass., March 16, 2022 (GLOBE NEWSWIRE) — Biogen Inc. (Nasdaq: BIIB) announced that The Journal of Prevention of Alzheimer’s Disease (JPAD) today published a peer-reviewed manuscript detailing data from the pivotal Phase 3 EMERGE and ENGAGE trials for ADUHELM® (aducanumab-avwa) 100 mg/mL injection for intravenous use in early Alzheimer’s disease. The publication includes results from the primary, secondary and tertiary endpoints in the trials, as well as safety data and biomarker sub-studies. In June 2021, the U.S. Food and Drug Administration (FDA) granted accelerated approval for ADUHELM as the first Alzheimer’s disease treatment to address a defining pathology of the disease. ADUHELM is indicated for the treatment of Alzheimer’s disease. Treatment with ADUHELM should be initiated in patients with mild cognitive impairment...

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Teck’s Highland Valley Copper Achieves Canada’s First Copper Mark Verification

VANCOUVER, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced Highland Valley Copper Operations (HVC) has been awarded the Copper Mark. Copper Mark is a voluntary assurance framework to promote responsible production practices and demonstrate commitment to the United Nations Sustainable Development Goals. To be verified for Copper Mark, HVC was assessed and independently verified against 32 responsible production criteria including greenhouse gas emissions, community health and safety, respect for Indigenous rights and business integrity. “Copper is an essential material for the low-carbon future, and our focus is on helping meet the growing global need for copper in an environmentally and socially responsible way,” said Don Lindsay, President...

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New Vishay Intertechnology AEC-Q200 Qualified Hybrid Wirewound Charging Resistor Lowers Component Counts and Costs in EVs, HEVs, and PHEVs

For Pre-Charge and Discharge Applications, Device Delivers 10x Higher Energy Absorption Than Other Component Technologies in the Same Size MALVERN, Pa., March 16, 2022 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE: VSH) today introduced a new AEC-Q200 qualified charging resistor that is the industry’s first such device to feature hybrid wirewound technology in a standard package size. With a high operating temperature range up to +250 °C, the Vishay MCB HRHA will serve as a pre-charge and discharge resistor in inverters and converters for electric (EV), hybrid electric (HEV), and plug-in hybrid vehicles (PHEV). Typically, designers must utilize several thick film resistors to meet the high pulse requirements of these applications. With 10 times the energy absorption in the same size (i.e., 6 kJ for 300 ms), the HRHA allows...

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RCP’s Research Finds Diverse Managers Have Historically Generated Attractive Adjusted Risk / Return Profiles Within Middle Market Private Equity

CHICAGO, March 16, 2022 (GLOBE NEWSWIRE) — RCP Advisors (“RCP”), an independent sponsor of private equity funds-of-funds, secondary funds, and co-investment funds focused on North American lower middle market buyouts, is pleased to announce the completion of its proprietary Diversity, Equity, and Inclusion (“DEI”) Research Report – Diversity and Financial Outperformance in Middle Market PE. The DEI Research Report hones-in on multiple analyses of minority, women, veteran, and disabled majority-owned North American lower middle market private equity firms and illustrates how and why this cohort of managers have outperformed the broader market. The moral imperative for investors to pursue DEI investing aside, the DEI Research Report found that diverse private equity managers in the lower middle market generate alpha, often...

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