Month: April 2022

Northeast Bank Reports Third Quarter Results and Declares Dividend

Written by Customer Service on April 25, 2022. Posted in Dividend Reports And Estimates.

PORTLAND, Maine, April 25, 2022 (GLOBE NEWSWIRE) — Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $10.6 million, or $1.36 per diluted common share, for the quarter ended March 31, 2022, compared to net income of $34.2 million, or $4.06 per diluted common share, for the quarter ended March 31, 2021. Net income for the nine months ended March 31, 2022 was $31.9 million, or $3.98 per diluted common share, compared to $50.1 million, or $6.01 per diluted common share, for the nine months ended March 31, 2021. Net income for the three and nine months ended March 31, 2021 included $33.0 million of net gains on the sale of U.S. Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans originated and sold during the quarter ended March 31, 2021, which had an...

HF Foods To Acquire Seafood Supplier Sealand Food, Inc.

Written by Customer Service on April 25, 2022. Posted in Mergers And Acquisitions.

LAS VEGAS, April 25, 2022 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (“HF Foods”, “HF Group” or the “Company”), announced today that it has entered into an agreement (the “Agreement”) to acquire substantially all of the assets of Sealand Food, Inc. (“Sealand”). With 25 years of operating history, Richmond, Virginia-based Sealand is one of the largest frozen seafood suppliers servicing the Asian/Chinese restaurant market along the Eastern Seaboard of the U.S, with 2022 run-rate revenues expected to approach $90 million. Sealand services a market that includes seventeen states along the East Coast, from Massachusetts to Florida, as well as Pennsylvania, West Virginia, Ohio, Kentucky, and Tennessee. “I am extremely pleased with the signing of the...

SmartCentres Declares Distribution for April 2022

Written by Customer Service on April 25, 2022. Posted in Dividend Reports And Estimates.

TORONTO, April 25, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on May 16, 2022 to unitholders of record on April 29, 2022. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 174 strategically located properties in communities across the country. SmartCentres has approximately $11.3 billion in assets and owns 34.1 million square feet of income producing value-oriented retail and first-class office space with 97.6% occupancy, on 3,500 acres of owned land...

G2 Announces Inferred Resource of 974,000 ounces Au (@ 9.25 g/t) and Indicated Resource of 220,000 ounces Au (@ 8.63 g/t)

Written by Customer Service on April 25, 2022. Posted in Public Companies.

Figure 1 OKO RESOURCE MODELTORONTO, April 25, 2022 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) is pleased to announce the maiden underground mineral resource estimate at the Oko Main Zone (OMZ) located within the 27,608-acre OKO-AREMU Project, Guyana. Highlights of the resource include:974,000 oz. Au – Inferred contained within 3,274,000 tonnes @9.25 g/t Au and220,000 oz. Au – Indicated contained within 793,000 tonnes @ 8.63 g/t AuG2’s resource study was prepared to National Instrument 43-101 standards by Micon International Limited and is based on 98 intersecting drill holes. The resource study estimates the gold content hosted by three primary shear zones (S3, S4, & S5) which vary in length between 350 and 750 metres and have been explored to a maximum depth of approximately...

SWM ANNOUNCES CONFERENCE CALL TO DISCUSS FIRST QUARTER 2022 RESULTS

Written by Customer Service on April 25, 2022. Posted in Public Companies.

Alpharetta, April 25, 2022 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (NYSE: SWM) will issue a press release announcing the Company’s first quarter 2022 results after the market closes on May 4, 2022 and hold a conference call to discuss results on May 5, 2022. SWM will use a presentation to accompany its conference call. The presentation can be found on the Company’s Web site in advance of the earnings conference call. The presentation can also be accessed via the earnings conference call webcast. In conjunction with the release of SWM’s first quarter earnings, you are invited to listen to the Company’s conference call that will be broadcast live over the Internet. What: SWM’s first quarter earnings conference call When: Thursday, May 5, 2022 at 8:30 a.m. Eastern Time Where: http://www.swmintl.comThis...

Saia Expands to Meet Customer Demand; Opens Terminal in West Virginia

Written by Customer Service on April 25, 2022. Posted in Public Companies.

JOHNS CREEK, Ga., April 25, 2022 (GLOBE NEWSWIRE) — Saia Inc. (NASDAQ: SAIA) announced today that Saia LTL Freight has opened its newest terminal near Parkersburg, West Virginia. This is the second terminal the carrier has opened this year and is the first terminal for the company in the state. Parkersburg is part of the Mid-Ohio Valley and is home to many important industries including manufacturing, education and healthcare. This newest location will allow Saia to offer its customers more direct coverage as demand for its shipping services continues to grow. “By opening this new terminal, we are now able to offer our customers more direct shipping points, along with exceptional service through increased efficiencies in our network because of faster transit times and decreased freight handling,” said Vice President of Operations,...

The CUMULUS MEDIA | Westwood One Audio Active Group® Releases Brand New Nielsen Analysis of AM/FM Radio Streaming

Written by Customer Service on April 25, 2022. Posted in Public Companies.

AM/FM Radio Streaming Now Represents 12% Of Total AM/FM Radio Listening Among Persons 25-54 Spoken Word Represents One-Third Of AM/FM Radio Streaming The Vast Majority of the AM/FM Radio Streaming Audience Resides in the DMA Market Where They Listen AM/FM Radio Streaming Audiences Are Upscale and Employed NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — The Cumulus Media (NASDAQ: CMLS) | Westwood One Audio Active Group® (AAG) today released a comprehensive analysis of AM/FM radio streaming. The report includes the latest Q4 2021 data from Edison Research’s quarterly “Share of Ear” study, a first-ever view of all U.S. AM/FM radio streaming as well as purchase intention data from MRI-Simmons. The analysis revealed key insights around the state of AM/FM radio streaming including who AM/FM radio streamers are, how their profile differs...

CORRECTION — Bank of the James Announces First Quarter 2022 Financial Results and Declaration of Dividend

Written by Customer Service on April 25, 2022. Posted in Earnings Releases And Operating Results.

Strong Earnings, High Asset Quality, Expense Management LYNCHBURG, Va., April 25, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline on April 22, 2022 by Bank of the James Financial Group, Inc. (NASDAQ:BOTJ), please note that in the ninth bullet point in the Highlights section, the number $14.65 million should be $14.65. The corrected release follows: Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced unaudited results of operations for the three month period ended March 31, 2022. The Bank serves Region 2000 (the greater Lynchburg MSA), and the Blacksburg, Charlottesville, Harrisonburg, Lexington,...

Inotiv, Inc. Bolsters Pathology Services with Acquisition of Histion, LLC

Written by Customer Service on April 25, 2022. Posted in Mergers And Acquisitions.

WEST LAFAYETTE, Ind., April 25, 2022 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, today announced the acquisition of Histion, LLC (“Histion”), effective April 25, 2022. The acquisition is a strategic element of the Company’s expansion of its specialized pathology services. “The acquisition of Histion extends our histology operations into highly-specialized plastics and medical device pathology,” said Greg Beattie, Chief Operating Officer, Discovery and Development Services at Inotiv. “This acquisition will also support the previously announced expansion of our surgical model and medical device testing services...

Activist Investing Announces 5.6% Ownership Interest in Titan Pharmaceuticals, Inc.

Written by Customer Service on April 25, 2022. Posted in Mergers And Acquisitions.

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) — Activist Investing LLC (together with its affiliates, “Activist Investing” or “we”), today filed a Schedule 13D announcing its acquisition of approximately 5.6% of the common stock outstanding of Titan Pharmaceuticals, Inc. (NASDAQ: TTNP) (“TTNP” or the “Company”). David E. Lazar, Chief Executive Officer of Activist Investing, issued the following statement: “We invested in TTNP due to the Company’s stated intention to explore and evaluate strategic alternatives, including a possible reverse merger. We believe significant value can be unlocked at the Company and will be monitoring its developments with interest.” About Activist Investing Activist Investing LLC is an investment fund specializing in reverse merger and other event-driven opportunities. Its Chief Executive Officer, David...

Month: April 2022

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