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Month: April 2022

NearU Services partners with Jackson & Sons, one of the leading home services providers in the Southeastern United States

Charlotte, NC, April 07, 2022 (GLOBE NEWSWIRE) — NearU Services (“NearU”), a founder-led premier home services platform, today announced their partnership with Jackson & Sons, Inc. (“Jackson & Sons” or the “Company”), a leading provider of home services, located in Dudley, North Carolina. Founded in 1974, Jackson & Sons has grown to become one of the largest and most well-respected providers of home services in the Goldsboro area, and in eastern North Carolina more broadly. “We are so excited to launch our partnership with Jackson & Sons. Over the course of nearly 50 years, the company has delivered high-quality home services to customers. This consistent, strong performance has translated into a market-leading brand in the home services industry. Between the steadfast company leadership, family...

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The York Water Company Announces the Closing of the Full Exercise of the Underwriter’s Option to Purchase Additional Shares Under its Common Stock Public Offering

YORK, Pa., April 07, 2022 (GLOBE NEWSWIRE) — The York Water Company (“York Water” or the “Company”) (NASDAQ: YORW), a provider of water and wastewater utility services, today announced the closing of the underwriter’s full exercise of the underwriter’s option to purchase 146,340 additional shares along with the previously-announced public offering of 975,600 shares of the Company’s common stock at a price to the public of $41 per share. The net proceeds to York Water from the purchase of such additional shares was approximately $5.8 million, bringing the total net proceeds from the offering, after deducting the underwriting discounts and commissions and other offering expenses, to approximately $44 million. York Water intends to use the net proceeds from the offering for general corporate purposes, including our capital investment...

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Glatfelter’s Sustainable Packaging Solution Wins IDEA® 22 Sustainability Advancement Award

CHARLOTTE, N.C., April 07, 2022 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT), a leading global supplier of engineered materials, is proud to announce they are the recipient of the first IDEA® 22 Sustainability Advancement Award, in partnership with Blue Ocean Closure (BOC) and ALPLA, for their innovative, sustainable, fiber-based screw caps. This prestigious award was created to recognize companies that demonstrate excellence in innovation, sustainable product offerings, and outstanding contributions to the nonwovens market. The award was accepted by Chris Astley, Senior Vice President and Chief Commercial Officer of Glatfelter, on March 30, 2022, at IDEA®, the world’s premiere event for nonwovens and engineered fabrics. “We are honored to be awarded the first ever IDEA® 22 Sustainability Advancement Award and are excited...

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Atlas Air Appoints Doug McKeen Senior Vice President, Labor Relations

PURCHASE, N.Y., April 07, 2022 (GLOBE NEWSWIRE) — Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) announced the appointment of Doug McKeen to the newly established position of Senior Vice President, Labor Relations. In this new role, Mr. McKeen will be responsible for continuing to develop and implement the Company’s labor relations strategy, as well as the administration of labor agreements that govern represented employees at Atlas. “We are incredibly fortunate to have a leader of Doug’s caliber on our team,” said Atlas Air Worldwide President and Chief Executive Officer John W. Dietrich. “His employee-focused approach, depth of labor relations experience and productive relationship-building skills will be a great asset to our Company and our teams. In his 30+ year career, Doug has built a solid reputation as a fair, thoughtful...

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American Airlines Group Announces Webcast of First-Quarter 2022 Financial Results

FORT WORTH, Texas, April 07, 2022 (GLOBE NEWSWIRE) — American Airlines Group (NASDAQ: AAL) will webcast a live audio feed of its first-quarter 2022 financial results conference call with financial analysts and journalists on Thursday, April 21, at 7:30 a.m. CDT. The webcast will be available to the public on a listen-only basis at aa.com/investorrelations. An archive of the call will be available on the website through May 21. About American Airlines GroupAmerican’s purpose is To Care for People on Life’s Journey®. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company’s stock is included in the S&P 500. Learn more about what’s happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines. Corporate Com...

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EF Hutton Leads in SPAC Issuance in 2022*

NEW YORK, NY, April 07, 2022 (GLOBE NEWSWIRE) — via NewMediaWire  –Throughout the first quarter of 2022, EF Hutton, division of Benchmark Investments, LLC has raised more than $800 million in gross proceeds as sole bookrunner on 8 SPAC IPOs, leading the market in total SPAC IPO issuance.  Since its inception in May 2020, EF Hutton has raised more than $4.5 billion in gross proceeds across 39 total SPAC IPOs. In addition, EF Hutton has announced 2 De-SPAC mergers: Northern Lights Acquisition Corp.’s merger with Safe Harbor Financial and Pono Capital Corp.’s merger with Benuvia Inc., together representing more than $750 million in De-SPAC transaction value.  “I’m proud of what our team has accomplished and the significant growth demonstrated over the past two years. The trust that our sponsors, management teams, and investors have...

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Mortgage Rates Continue Climbing

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of April 7, 2022.MCLEAN, Va., April 07, 2022 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 4.72 percent. “Mortgage rates have increased 1.5 percentage points over the last three months alone, the fastest three-month rise since May of 1994,” said Sam Khater, Freddie Mac’s Chief Economist. “The increase in mortgage rates has softened purchase activity such that the monthly payment for those looking to buy a home has risen by at least 20 percent from a year ago.” News Facts30-year fixed-rate mortgage averaged 4.72 percent with an average 0.8 point for the week ending April 7, 2022, up from last week when it averaged 4.67 percent....

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Texas Roadhouse, Inc. to Announce First Quarter Earnings on May 5, 2022

LOUISVILLE, Ky., April 07, 2022 (GLOBE NEWSWIRE) — Texas Roadhouse, Inc. (NasdaqGS: TXRH) announced today that it will release first quarter 2022 financial results on Thursday, May 5, 2022 after the market close. A conference call will follow at 5:00 PM ET and will be webcast live from the investor relations portion of the Company’s website at www.texasroadhouse.com. Listeners may also access the call by dialing (888) 440-5667 or (646) 960-0476 for international calls and referencing the Texas Roadhouse, Inc. First Quarter 2022 Earnings. A replay of the call will be available until May 12, 2022 by dialing (800) 770-2030 or (647) 362-9199 for international calls. About the Company Texas Roadhouse is a casual dining concept that first opened in 1993 and today has grown to over 670 restaurants system-wide in 49 states and ten...

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Letter to Oncotelic Shareholders on the Recently Completed Joint Venture Transaction with Dragon Overseas Capital Limited

AGOURA HILLS, Calif., April 07, 2022 (GLOBE NEWSWIRE) — Oncotelic Therapeutics, Inc. (“Oncotelic” or the “Company”) (OTCQB:OTLC), issued the following shareholder letter today. Dear Fellow Shareholders, We would like to thank you for being part of our mission at Oncotelic which is to develop treatments for cancer patients that have limited options. Our efforts include pursuing broad applications of our technology as well as the treatment of cancer types that are given orphan drug designation (“ODD”) meaning there are a limited number of patients that have a high unmet medical need. We have spent considerable time and effort to unify our collective assets toward the achievement of this goal. This effort included receiving a Rare Pediatric Disease (“RPD”) designation for pediatric cancer which give us access to the RPD voucher on...

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HII to Host First Quarter Earnings Conference Call and Webcast on May 5

NEWPORT NEWS, Va., April 07, 2022 (GLOBE NEWSWIRE) — HII (NYSE:HII) will release its first quarter 2022 financial results on Thursday, May 5, and host an earnings conference call at 9 a.m. Eastern time the same day. The call will be webcast live on HII’s website: https://www.hii.com/. HII participants will include Chris Kastner, president and CEO, and Tom Stiehle, executive vice president and chief financial officer. Their remarks will be supplemented by a series of slides appearing on the company website. Listeners are encouraged to view these materials in conjunction with the call. Replays of the call will be available on the website for a limited time. HII is an all-domain defense and technologies partner, recognized worldwide as America’s largest shipbuilder. With a 135-year history of trusted partnerships in advancing U.S....

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