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Month: April 2022

Columbia Financial, Inc. Receives Regulatory Approvals for Acquisition of RSI Bank

FAIR LAWN, N.J., April 18, 2022 (GLOBE NEWSWIRE) — Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbia and RSI Bancorp M.H.C., RSI Bancorp, Inc. and RSI Bank (collectively, “RSI”) have received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the New Jersey Department of Banking and Insurance necessary to complete Columbia’s acquisition of RSI. The transaction is expected to close on May 1, 2022 and is subject to customary closing conditions. About Columbia Financial, Inc. Columbia Financial, Inc. is a Delaware corporation organized as the mid-tier stock holding company of Columbia Bank and Freehold Bank. The Company is a majority-owned subsidiary...

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TTM Technologies, Inc. to Acquire Telephonics Corporation

Complementary portfolio and skills enhance TTM’s strategic capabilities and growth opportunities in the Aerospace and Defense Market Transaction Expected to be Immediately Accretive to Non-GAAP EPS SANTA ANA, Calif., April 18, 2022 (GLOBE NEWSWIRE) — TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”) announced today that it has agreed to acquire Telephonics Corporation (“Telephonics”) for approximately $330 million in cash from Griffon Corporation (NYSE: GFF). Telephonics, founded in 1933, is recognized globally as a leading provider of highly sophisticated intelligence, surveillance and communications solutions that are deployed across a wide range of land, sea and air applications. The transaction would significantly broaden TTM’s Aerospace and Defense product offering vertically into higher-level engineered system solutions and horizontally...

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CrossFirst Bankshares, Inc. Reports First Quarter 2022 Results

First Quarter 2022 Key Financial Performance MetricsNet Income   ROAA   Net Interest Margin (FTE)   Diluted EPS   ROE$16.8 million   1.23%   3.29%(1)   $0.33   10.44%LEAWOOD, Kan., April 18, 2022 (GLOBE NEWSWIRE) — CrossFirst Bankshares, Inc. (Nasdaq: CFB), the bank holding company for CrossFirst Bank, today reported operating results for the first quarter of 2022, with first quarter net income of $16.8 million, or $0.33 per diluted share. CEO Commentary: “We delivered a strong quarter of loan growth with solid financial results to start 2022. We’ve made significant progress on our goals of investing in talent and technology to support our continued success, and I’m excited about our progress and execution to further our strategy,” said CrossFirst’s CEO and President, Mike Maddox. “Our people are the foundation of...

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ServisFirst Bancshares, Inc. Announces Results for First Quarter of 2022

BIRMINGHAM, Ala., April 18, 2022 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc. (NYSE:SFBS), today announced earnings and operating results for the quarter ended March 31, 2022. First Quarter 2022 Highlights:Diluted earnings per share were $1.06 for the first quarter, an increase of 12% over the first quarter of 2021. Excluding income on Paycheck Protection Program (“PPP”) loans, diluted earnings per share were $0.99 for the first quarter of 2022 compared to $0.79 for the first quarter of 2021, a 25% increase Entered the Piedmont region of North Carolina and hired veteran banker Rick Manley as Regional CEO Total loans grew $366.0 million during the first quarter of 2022. Total loans, excluding the impact of PPP loan forgiveness, grew $488.6 million, or 21% annualized, during the quarter Deposits were $12.4 billion at March 31,...

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PrairieSky Announces 2022 First Quarter Results

CALGARY, Alberta, April 18, 2022 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its first quarter (“Q1 2022“) results for the three-month period ended March 31, 2022. First Quarter Highlights:Royalty production averaged 23,892 BOE per day, representing a 17% increase over Q4 2021 and a 23% increase over Q1 2021. Total revenues grew to $139.9 million, a 39% increase over Q4 2021 and a 135% increase over Q1 2021, comprised of royalty production revenues of $134.7 million and other revenues of $5.2 million. Achieved record quarterly funds from operations of $105.0 million ($0.44 per common share basic and diluted), a 3% increase over Q4 2021 and a 115% increase over Q1 2021 driven by a combination of royalty production growth, 2021...

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Codex DNA Demonstrates Simple, Scalable, and Cell-Free Approach to Rapid mRNA Vaccine Design and Development at World Vaccine Congress Washington 2022

Automated benchtop BioXp™ system offers significant quality, time, and cost advantages for DNA and mRNA synthesis compared to alternative options SAN DIEGO, April 18, 2022 (GLOBE NEWSWIRE) — Codex DNA, Inc. (Nasdaq: DNAY), a pioneer in automated benchtop synthetic biology systems, today announced its speaker presentation for the World Vaccine Congress Washington 2022, which is being held in Washington, DC. on April 18-21, 2022. The company will be showcasing its automated benchtop workstation – the BioXp™ system and it’s automated solutions for accelerating vaccine discovery workflows at booth #202. The need for rapid vaccine development in response to emerging pathogens has become increasingly clear during the COVID-19 pandemic. However, traditional vaccine discovery, development, and production methods can be complicated for...

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Make-A-Wish, Winnebago Industries, and RV Retailer, LLC Team up to Grant Outdoor Wishes

Winnebago Industries, Make-A-Wish and RV Retailer Winnebago Industries, Make-A-Wish and RV Retailer Team up to Grant Outdoor WishesEDEN PRAIRIE, Minn. and FORT LAUDERDALE, Fla., April 18, 2022 (GLOBE NEWSWIRE) — Make-A-Wish, Winnebago Industries, Inc. (NYSE: WGO), and RV Retailer will partner to provide outdoor adventures to wishers across the country. The partnership and inaugural program will fulfill wishes and enhance experiences for children with critical illnesses. “Make-A-Wish meets such a critical need for families, and outdoor wishes have increased dramatically throughout the COVID-19 pandemic. As an outdoor lifestyle company, we knew we could partner to play a meaningful role in bringing the positive mental and health benefits of nature to wish families,” said Don Clark, President and CEO of Grand Design RV, a wholly...

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South Star Battery Metals Announces Board Change and Supplemental Disclosure in Respect of the Streaming Agreement with Sprott Resource Streaming and Royalty Corp for Santa Cruz Graphite Project in Brazil

VANCOUVER, British Columbia, April 18, 2022 (GLOBE NEWSWIRE) — South Star Battery Metals Corp. (“South Star” or the “Company”) (TSXV: STS) (OTCQB: STSBF), is announcing the retirement of Dave McMillan as Chairman and member of the Board effective April 15th, 2022. Marc P. Leduc, a board member since 2019, has been named the new Chairman effective April 15th, 2022. Richard Pearce, President & CEO commented, “We would like to extend our sincere thanks to Dave for his hard work, dedication and distinguished service over the years and wish him all the success and happiness in his retirement. He has been a staunch supporter of South Star since its inception and our success today is largely dependent on his tireless efforts.”   Richard Pearce continued, “We are pleased to announce that Marc is assuming the role of Chairman of the...

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Lowell Herb Co. Expands Award-Winning Cannabis Brand with All-New Products

BIGS premium flower line and Hash-Wrapped Smoke are latest offerings from California’s No. 1 selling cannabis brand per Headset SALINAS, Calif., April 18, 2022 (GLOBE NEWSWIRE) — Lowell Herb Co., one of the best-selling and most talked-about cannabis brands in the Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) portfolio, is expanding its award-winning product lineup with the debut of its BIGS flower line and the all-new Hash-Wrapped Smoke. BIGS encompasses premium flower offerings at 7g, 14g and 28g, an expansion for the brand in the flower category. Each bag of BIGS contains Lowell’s finest artisan flower, grown sustainably at the company’s mixed-light greenhouse in Monterey County, California. Simultaneously, Lowell is expanding into the infused pre-roll category with the Hash-Wrapped Smoke, a classic Lowell pre-roll that’s been artfully...

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Let’s make the planet greener together: TELUS launches ‘Buy One, Plant One’ campaign on a mission to plant its 1 millionth tree

TELUS will plant a tree on behalf of every TELUS, Koodo and Public Mobile customer that buys a Certified Pre-Owned cell phone between April 18 – May 1 VANCOUVER, British Columbia, April 18, 2022 (GLOBE NEWSWIRE) — To celebrate Earth Day, TELUS is inviting Canadians to help reach its goal of planting its 1 millionth tree this year. Between April 18 and May 1, TELUS is planting a tree in partnership with Tree Canada on behalf of every TELUS, Koodo, and Public Mobile customer that buys a Certified Pre-Owned cell phone online. As consumers become increasingly conscious of their impact on the environment, a Certified Pre-Owned device is a budget and planet friendly option that helps extend the lifespan of smartphones and keep them out of landfills. To date, TELUS has planted more than 800,000 trees and by the time its millionth...

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