BRT Apartments Corp. Acquires Remaining JV Interests in Two Communities for a Purchase Price of $12.8 Million; Additional Agreements in Place to Acquire Remaining Interests in Nine Communities for a Purchase Price of $89.3 Million

Written by Customer Service on April 12, 2022. Posted in Mergers And Acquisitions.

GREAT NECK, N.Y., April 12, 2022 (GLOBE NEWSWIRE) — BRT Apartments Corp. (NYSE:BRT) today announced that it completed the acquisition of the remaining interests in joint ventures that own two multi-family properties with an aggregate of 462 units. The purchase price for these interests was $12.8 million and because these properties are wholly owned, the Company will include the assets and liabilities of these properties on its consolidated balance sheet, including the aggregate mortgage debt currently on these properties of, as of March 31, 2022, $56.7 million, with a weighted average remaining term to maturity of, 8.4 years, and a weighted average interest rate of 4.04%. In aggregate, these two properties contributed approximately $150,000 of equity in loss of unconsolidated joint ventures in 2021. The previously announced purchases...

Ethan Allen Announces Earnings Release Date for its Fiscal 2022 Third Quarter Results

Written by Customer Service on April 12, 2022. Posted in Earnings Releases And Operating Results.

DANBURY, CT, April 12, 2022 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and business results for the fiscal 2022 third quarter ended March 31, 2022, after the market closes on Thursday, April 28, 2022. Following the release, the Company will host an analyst conference call at 5:00 PM (Eastern Time) to discuss its results. The analyst conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com. The following information is provided for those who would like to participate in the conference call: U.S. Participants: 877-705-2976 International Participants: 201-689-8798 Meeting Number: 13727696 For those unable to listen live, an archived...

FEMSA’s Envoy Solutions reaches agreement to acquire Sigma Supply of North America, expanding its footprint in the Southern United States

Written by Customer Service on April 12, 2022. Posted in Mergers And Acquisitions.

MONTERREY, Mexico, April 12, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that Envoy Solutions (“Envoy”), FEMSA’s specialized distribution subsidiary in the United States, reached an agreement to acquire Sigma Supply of North America Inc. (“Sigma Supply”), an independent specialized distribution company based in Hot Springs, Arkansas. This transaction represents another important step in FEMSA’s strategic path to build a leading national distribution platform in the United States. Sigma Supply will add significant capabilities in packaging materials distribution, solutions and services, and it will expand Envoy’s footprint to include the key state of Texas while enhancing its presence across the South to the Mid-Atlantic region....

Safe Bulkers, Inc. Announces Agreement for the Acquisition of One Capesize Class Dry-bulk Vessel

Written by Customer Service on April 12, 2022. Posted in Mergers And Acquisitions.

MONACO, April 12, 2022 (GLOBE NEWSWIRE) — Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of a 2012-built, Chinese, dry-bulk, 181,000 dwt, Capesize class vessel, to be named MV Michalis H, with a scheduled delivery date within May 2022. The vessel will be acquired at a gross purchase price of $30.0 million and will be financed from the cash reserves of the Company. Dr. Loukas Barmparis, President of the Company, commented: “We have further expanded in the Cape market segment acquiring our seventh vessel, at what we believe a competitive purchase price, utilizing our liquidity.” About Safe Bulkers, Inc. The Company is an international provider of marine drybulk transportation services, transporting...

Trust Stamp announces record revenue for both Q4 and full-year 2021 with Trust Stamp’s momentum continuing into 2022

Written by Customer Service on April 12, 2022. Posted in Earnings Releases And Operating Results.

ATLANTA, April 12, 2022 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), the Privacy-First Identity Company™ providing AI-powered trust and identity services used globally across multiple sectors, provides a business update and commentary on reported financial results for the three and twelve month periods ended 31 December 2021 (“Q4 2021” and “Full Year 2021”, respectively). Fourth Quarter and Full Year 2021 Financial Highlights Net Sales were $3.7M in Full Year 2021, a 38.9% increase year-over-year Net Sales were $2.1M in Q4 2021, a 69.7% increase year-over-year Gross Profit was $2.5M, a 124.0% increase year-over-year Gross Profit Margin for Full Year 2021 was 68.7% compared to 42.59% for Full Year 2020 Operating Margin improved in Q4 2021 to -93.83% compared to -241.74% for Full Year 2021 Net Profit...

Five Star Bancorp Announces 1st Quarter 2022 Earnings Release Date and Webcast

Written by Customer Service on April 12, 2022. Posted in Public Companies.

RANCHO CORDOVA, Calif., April 12, 2022 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”) expects to report its financial results for the quarter ended March 31, 2022, after the stock market closes on Monday, April 25, 2022. Management will host a live webcast for analysts and investors to review this information at 1:00 PM ET (10:00 AM PT) on April 26, 2022. The live webcast will be accessible from the “News & Events” section of the Company’s website under “Events” at https://investors.fivestarbank.com/news-events/events. Please pre-register for the event using this link. The webcast will be archived on the Company’s website for a period of 90 days. About Five Star BancorpFive Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned...

Amundi: 2021 Universal Registration Document available

Written by Customer Service on April 12, 2022. Posted in Public Companies.

2021 Universal Registration Document available Paris, Tuesday 12th April 2022 – Amundi announces the filing of its 2021 Universal Registration Document, including the annual financial report, to the French securities regulator, the Autorité des Marchés Financiers (AMF), on April 12th, 2022. This 2022 Universal Registration Document is available now in French on the websites of Amundi (http://about.amundi.com) and of the AMF (www.amf-france.org). It is also available at Amundi corporate office, 91-93, boulevard Pasteur, 75015 Paris. The English version will be available very soon. About AmundiAmundi, the leading European asset manager, ranking among the top 10 global players1, offers its 100 million clients – retail, institutional and corporate – a complete range of savings and investment solutions in active and passive...

WPUR To Join ALYI In Brazil And On College Campus Expansions

Written by Customer Service on April 12, 2022. Posted in Public Companies.

Dallas, Texas, April 12, 2022 (GLOBE NEWSWIRE) — WaterPure International, Inc. (OTC Pink: WPUR) with Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed work together on launching an off grid, clean electric energy production, storage and electric vehicle (EV) charging solution is proceeding on track. The technology has been built in a lab and will now be scaled into a pilot in advance of a larger rollout. The larger rollout is planned in conjunction with an agreement WPUR has made with ALYI to support ALYI’s EV Ecosystem initiative. ALYI recently announced expanding its electric motorcycle program into Brazil and separately announced the expansion of its electric motorcycle partnership with Priority Aviation, Inc. (OTC Pink: PJET). Today, WPUR announces that it will join ALYI on both expansion projects bringing along WPUR’s...

Post Holdings Reports Avian Influenza at a Company Owned Facility and Provides Fiscal Year 2022 Adjusted EBITDA Outlook

Written by Customer Service on April 12, 2022. Posted in Public Companies.

ST. LOUIS, April 12, 2022 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today provided information regarding an avian influenza incident at one of Michael Foods’ owned egg-laying facilities. Post also provided non-GAAP Adjusted EBITDA guidance for fiscal year 2022. Avian Influenza Discussion Today, a Michael Foods owned egg-laying flock in Nebraska tested positive for avian influenza. The facility houses approximately 2 million egg-laying hens, or approximately 4% of Post’s controlled supply, inclusive of third party contracted farms. Fiscal Year 2022 Outlook On March 10, 2022, Post’s distribution to its shareholders of 80.1% of its interest in BellRing Brands, Inc. (“BellRing”) was completed. Accordingly, the historical results of the BellRing business will be presented as discontinued...

Ecoslops 2021 annual results: a new milestone in the Group’s development

Written by Customer Service on April 12, 2022. Posted in Earnings Releases And Operating Results.

New milestone in the Group’s development: positive EBITDA 2021 excluding the launch of the Marseille unit, confirming the Group’s strengths in the energy and circular economy markets Paris, April 12, 2022, 7:30 p.m. – Ecoslops, the cleantech company that brings oil into the circular economy, announces the results for the year ended December 31, 2021, as approved by the Board of Directors at its meeting on April 12, 2022. Turnover of €12.45M, up 116% EBITDA of (€1.5M) with a strong acceleration in the second half of the year and positive EBITDA excluding Ecoslops Provence A business model based on the recycling of hydrocarbon waste, more than ever adapted to the needs of independence and energy transition Multiple development opportunities identified for 2022 and beyond Operational highlights for the year 2021 After...

Day: April 12, 2022

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