Day: April 26, 2022

733Park Advises Choice, Inc. in Acquisition of Direct Payment Consultants

Written by Customer Service on April 26, 2022. Posted in Mergers And Acquisitions.

Choice’s acquisition of Direct Payment Consultants increases 733Park’s record setting year of payments and fintech M&A advisory transactions BOSTON, April 26, 2022 (GLOBE NEWSWIRE) — 733Park, Inc., a boutique mergers and acquisitions advisory firm focused on payments, fintech and SaaS businesses, announced today that they advised Choice Merchant Solutions on the acquisition of Direct Payment Consultants. “As a buy-side advisor on this transaction with years of experience in the payments space, we were able to find a worthy acquisition for Choice,” said Lane Gordon, 733Park’s managing director. “The marketplace for add-on and rollup acquisitions in fintech, payments and SaaS is highly competitive today. It’s not about putting together a list of targets, it’s about cultivating relationships that we can bring to our clients,...

Smart City Services International Announces the Addition of iSIGN Media’s HALOfx Tracing and Messaging Technology to its Private and Public Transit Partners

Written by Customer Service on April 26, 2022. Posted in Mergers And Acquisitions.

IRVINE, Calif., April 26, 2022 (GLOBE NEWSWIRE) — Smart City Services International (SCSI) is pleased to announce the acquisition of the newly developed HALOfx tracing and mobile messaging technology from iSIGN Media Solutions Inc. (iSIGN) (TSX-V: ISD) (OTC: ISDSF), including leading edge Passive Historical Contact Tracing (PHACT) mobile device and individual passenger numeration to verify and validate each in-coming and exiting passenger on any transit vehicle. The immediate plan is to equip one hundred private transit buses with one or two HALOfx units each, depending on the capacity of the bus, as soon as possible, with the goal to have 1,000 vehicles equipped with HALOfx units by the end of 2022. Mexico and most Latin American countries to a large degree rely on currency payments by passengers. The use of HALOfx and PHACT technologies...

Pinnacle Bankshares Corporation Announces First Quarter 2022 Earnings

Written by Customer Service on April 26, 2022. Posted in Earnings Releases And Operating Results.

ALTAVISTA, Va., April 26, 2022 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (the “Bank”), was $1,391,000 or $0.64 per basic and diluted share for the quarter ended March 31, 2022 compared to net income of $1,099,000 or $0.51 per basic and diluted share for the same period of 2021. Quarterly consolidated results are unaudited. Net income generated during the first quarter of 2022 represents a $292,000, or 27%, increase as compared to the same time period of the prior year, which was driven by higher net interest income due to lower cost of deposits, increased noninterest income primarily due to higher interchange fees derived from check card transactions and lower noninterest expense due to merger-related expenses...

Síminn hf. – Revenue growth and improved results

Written by Customer Service on April 26, 2022. Posted in Earnings Releases And Operating Results.

Financial highlights Q1 2022 In the Interim Financial Statements of the Síminn Group for the first quarter of 2022, Míla is treated as a discontinued operation. The operations of the Síminn Group without Míla are discussed below.Revenue in the first quarter (Q1) of 2022 amounted to ISK 6,093 million compared to ISK 6,018 million in the same period 2021. EBITDA amounted to ISK 1,327 million in Q1 2022, compared to ISK 1,274 million in the same period of 2021, up by ISK 53 million or 4.2%. The EBITDA ratio was 21.8% in Q1 2022, compared to 21.2% in the same period of 2021. Operating profit EBIT amounted to ISK 574 million in Q1 2022, compared to ISK 504 million in the same period of 2021. Net financial expenses were positive by ISK 92 million in Q1 2022, but were negative by ISK 31 million in the same period of 2021. Financial expenses...

BIC: FIRST QUARTER 2022 RESULTS

Written by Customer Service on April 26, 2022. Posted in Earnings Releases And Operating Results.

Clichy – France – April 26th, 2022 BIC – FIRST QUARTER 2022 RESULTS0F1 Strong start to the year driven by the execution of the Horizon Plan Growth in all divisions and regions, driven by increased volumes and active Revenue Growth ManagementHuman Expression: excellent Back-to-School season in Brazil and South Africa, early 2022 Back-to-School shipments in Europe and North America Flame for Life: outstanding growth of the US Pocket Lighters sales, fueled by solid commercial execution and catch-up on orders on the back of a soft Q4 2021 Blade Excellence: rapidly increasing contribution of BIC Blade–Tech B2B business on Net Sales and Profitability Market share increased or maintained in 70% of the countries we operate inThe positive impact of Net Sales operating leverage on adjusted EBIT margin more than offset input cost...

Michelin: In a challenging business environment, sales stood at €6.5 billion in the first three months of 2022, a rise of 19%

Written by Customer Service on April 26, 2022. Posted in Earnings Releases And Operating Results.

Clermont-Ferrand, April 26, 2022 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINFinancial information for the three months ended March 31, 2022 In a challenging business environment, sales stood at €6.5 billion in the first three months of 2022, a rise of 19% During the first three months of the year, existing operational disruptions and inflationary pressures were exacerbated by the conflict in Ukraine and the resurgence of Covid-19 in China. In this context, markets continued to grow over the quarter:Passenger car and Light truck tire markets edged up 2% year-on-year, as growth in Replacement demand offset the operational difficulties faced by automakers, Truck tire markets rose by 4% excluding China, where demand fell 37% year-on-year, Demand trended upwards in all the Specialty tire markets, in an environment constricted by the...

ArcelorMittal announces the completion of its US$1 billion share buyback program

Written by Customer Service on April 26, 2022. Posted in Public Companies.

26 April 2022, 17:00 CET ArcelorMittal (the ‘Company’) today announces that it has completed its US$1 billion share buyback program announced on 11 February 2022 under the authorization given by the annual general meeting of shareholders of 8 June 2021. By market close on 25 April 2022, ArcelorMittal had repurchased 31,751,960 shares for a total value of €910,760,633.77 (equivalent to US$999,999,973.17) at an approximate average price per share of €28.68. All details are available on the Company’s website at: https://corporate.arcelormittal.com/investors/equity-investors/share-buyback-program ENDS About ArcelorMittal ArcelorMittal is the world’s leading steel and mining company, with a presence in 60 countries and primary steelmaking facilities in 16 countries. In 2021, ArcelorMittal had revenues of $76.6 billion and crude steel...

Complete Proposal for Board of Nilörngruppen

Written by Customer Service on April 26, 2022. Posted in Public Companies.

Completed proposals for decision-making points at the Annual General Meeting of the Nilörngruppen on 3 May 2022; new election proposed by Ann-Christine Hvittfeldt and Magnus Johansson Prior to the Annual General Meeting of Nilörngruppen on 3 May 2022, the company’s main owner AB Traction has submitted the following supplementary proposal in accordance with the notice published on 25 April 2022. Traction owns approximately 58% of the votes in the company. Item 9. The number of board members is proposed unchanged at five and no deputy board members.Item 10. The fee for the board is proposed to be SEK 120,000 (SEK 100,000) per member and SEK 240,000 (SEK 200,000) to the chairman, a total of SEK 720,000.Item 11. Re-election is proposed by the board members Henrik Lange, Johan Larsson, and Petter Stillström. New elections are proposed...

ZAYA and Andes Technology Offer Certifiable TEE Security for RISC-V Based Systems

Written by Customer Service on April 26, 2022. Posted in Public Companies.

ZAYA and Andes Technology Offer RISC-V Based Systems Certifiable TEE Security ZAYA and Andes Technology successfully integrated ZAYA Secure OS and ZAYA MicroContainers (μContainers) with AndesCore™ RISC-V processors to offer certifiable TEE security.Hsinchu, Taiwan, April 26, 2022 (GLOBE NEWSWIRE) — ZAYA and Andes Technology Offer RISC-V Based Systems Certifiable TEE Security ZAYA, a leading IoT Security company and a Strategic member of RISC-V International and Andes Technology (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099), a leading RISC-V CPU IP vendor and a Founding and Premier member of RISC-V International, announce the successful integration of ZAYA Secure OS and ZAYA MicroContainers(μContainers) with AndesCore™ RISC-V processors to offer certifiable TEE security. ZAYA’s solutions will become a part of the AndeSentry™...

Anita Sehgal Elected to the Board of Directors of Escalade, Inc.

Written by Customer Service on April 26, 2022. Posted in Public Companies.

Senior Executive for Houston Astros to Bring Marketing and Retail Expertise to Expanded Board EVANSVILLE, Ind., April 26, 2022 (GLOBE NEWSWIRE) — Escalade, Inc. (NASDAQ: ESCA, or the “Company”), a leading manufacturer and distributor of sporting goods and indoor/outdoor recreational equipment, today announced that it has increased the size of the Company’s Board of Directors (the “Board”) from five to six members, and that Anita Sehgal has been elected to the Board at the Company’s Annual Meeting of Shareholders. Ms. Sehgal currently serves as the Senior Vice President, Marketing & Communications for the Houston Astros, LLC, a Major League Baseball franchise and is entering her eighth season. Prior to joining the Houston Astros, Ms. Sehgal developed extensive experience in various strategic marketing functions...

Day: April 26, 2022

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