Month: June 2022

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2022 Results on July 28

Written by Customer Service on June 30, 2022. Posted in Public Companies.

MICHIGAN CITY, Ind., June 30, 2022 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) — Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Thursday, July 28, 2022 to review its second quarter 2022 financial results. The Company’s second quarter 2022 news release will be released after markets close on Wednesday, July 27, 2022. It will be available in the “Investor Relations” section of the Company’s website, www.horizonbank.com. Participants may access the live conference call on July 28, 2022 at 7:30 a.m. CT (8:30 a.m. ET) by dialing 833-974-2379 from the United States, 866-450-4696 from Canada or 412-317-5772 from international locations and requesting the “Horizon Bancorp Call.” Please dial in approximately 10 minutes prior to the call. A telephone replay of the call will be available approximately...

Fortis Inc. to Hold Teleconference on July 28 to Discuss Second Quarter 2022 Results

Written by Customer Service on June 30, 2022. Posted in Public Companies.

ST. JOHN’S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its second quarter 2022 financial results on Thursday, July 28, 2022. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation’s second quarter financial results. Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.416.764.8646. International participants may participate by calling 1.888.396.8049. Please dial in 10 minutes prior to the start of the call. No passcode is required. A live and archived...

Demerger of CNH Industrial N.V. through the Separation and Transfer of its “On-Highway” Business to Iveco Group N.V. – Final Settlement

Written by Customer Service on June 30, 2022. Posted in Public Companies.

Sale of undelivered Iveco Group N.V. common shares London / Turin, June 30, 2022 CNH Industrial N.V. (CUSIP: N20944 109; ISIN: NL0010545661; TICKER: CNHI) and Iveco Group N.V. (ISIN: NL0015000LU4; TICKER: IVG) announce the final corporate activities related to the spin-off of CNH Industrial N.V.’s On-Highway business to Iveco Group N.V. (“the Demerger”), consummated on January 1, 2022. As of 5:00 pm Eastern Time on June 24, 2022, a number of CNH Industrial shareholders entitled to receive Iveco Group N.V. common shares (representing slightly over 1% of issued Iveco Group capital stock), as a result of the Demerger, failed to provide the details of a securities account with an intermediary of Monte Titoli S.p.A., to which the Iveco Group common shares (listed on Euronext Milan and only capable of being held and settled within the systems...

Costco Wholesale Corporation Acquires Minority Interest in Costco-Taiwan

Written by Customer Service on June 30, 2022. Posted in Mergers And Acquisitions.

ISSAQUAH, Wash., June 30, 2022 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) has completed a purchase for $1.05 billion by a wholly-owned subsidiary of the 45% minority interest in Costco-Taiwan, a joint venture, from our long-time joint venture partners. The Company now indirectly owns all of Costco Taiwan. We estimate that the purchase will be approximately one to one and one-half percent accretive to earnings per share. Costco currently operates 833 warehouses, including 574 in the United States and Puerto Rico, 107 in Canada, 40 in Mexico, 31 in Japan, 29 in the United Kingdom, 16 in Korea, 14 in Taiwan, 13 in Australia, four in Spain, two each in France and China, and one in Iceland. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and...

HighPeak Energy, Inc. Announces Closing of Hannathon Acquisition and Increase to the Company’s Borrowing Base

Written by Customer Service on June 30, 2022. Posted in Mergers And Acquisitions.

FORT WORTH, Texas, June 30, 2022 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced (i) the closing of the acquisition of the Howard County assets of Hannathon Petroleum, LLC (“Hannathon”) and other non-operated working interest owners (“Hannathon Acquisition”) and (ii) that its bank group, led by Fifth Third Bank, N.A., (“Fifth Third Bank”) has increased the Company’s borrowing base and aggregate elected commitments to $400 million. HighlightsClosed the Hannathon Acquisition on June 27, 2022 Cash consideration for the Hannathon Acquisition was reduced to approximately $237 million and the equity consideration was reduced to approximately 3.5 million shares of the Company’s Common Stock, net of customary purchase price adjustments, which remain subject to final post-closing settlement Increased...

Accolade Announces Results for Fiscal First Quarter 2023

Written by Customer Service on June 30, 2022. Posted in Earnings Releases And Operating Results.

Fiscal first quarter 2023 revenue of $85.5 million, a 44% increase compared to fiscal first quarter 2022 revenue of $59.5 millionSEATTLE, June 30, 2022 (GLOBE NEWSWIRE) — Accolade, Inc. (NASDAQ: ACCD) today announced financial results for the fiscal first quarter ended May 31, 2022. “The healthcare consumer has never been more in need of true Personalized Healthcare. Two years into the Covid-19 pandemic, the healthcare system remains as complex and difficult to navigate as ever. Our customers, their employees and direct consumers are increasingly turning to Accolade to solve a far more comprehensive set of healthcare challenges, while at the same time trying to manage the ever-rising cost of meeting those challenges. Our strong financial results in the first quarter demonstrate our success meeting those challenges, while our...

Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2022

Written by Customer Service on June 30, 2022. Posted in Earnings Releases And Operating Results.

Multiple end-market and product revenue records reflect broad portfolio momentum BOISE, Idaho, June 30, 2022 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2022, which ended June 2, 2022. Fiscal Q3 2022 highlightsRevenue of $8.64 billion versus $7.79 billion for the prior quarter and $7.42 billion for the same period last year GAAP net income of $2.63 billion, or $2.34 per diluted share Non-GAAP net income of $2.94 billion, or $2.59 per diluted share Operating cash flow of $3.84 billion versus $3.63 billion for the prior quarter and $3.56 billion for the same period last year“Micron delivered record revenue in the fiscal third quarter driven by our team’s excellent execution across technology, products and manufacturing,” said Micron Technology President and CEO...

Results of Operations for the Three Months Ended March 31, 2022 – American Overseas Group Limited Announces Net Income Of $0.7 Million and Operating Income of $0.7 Million For the Three Months Ended March 31, 2022

Written by Customer Service on June 30, 2022. Posted in Earnings Releases And Operating Results.

HAMILTON, Bermuda, June 30, 2022 (GLOBE NEWSWIRE) — American Overseas Group Limited (BSX: AORE.BH) (Pink Sheets: AOREF.PK) (“AOG” or the “Company”) today reported consolidated net income available to common shareholders of $0.7 million, or $15.06 per diluted share, for the three months ended March 31, 2022. This compares to consolidated net income available to common shareholders of $1.0 million, or $20.81 per diluted share, for the year ended March 31, 2021. Book value per weighted share at March 31, 2022 was $850.78, a decline from the book value per weighted share of $1,055.01 at March 31, 2021. For the three months ended March 31, 2022, the Company had an operating income of $0.7 million, or $15.30 per diluted share, compared to operating income of $0.9 million, or $19.99 per diluted share for the year ended March 31, 2021. For...

Atlas Salt Prepares for Planned Spin-Out of “Triple Point Resources Ltd.”

Written by Customer Service on June 30, 2022. Posted in Public Companies.

Atlas Salt in the Bay St. George Basin Atlas Salt in the Bay St. George BasinST. JOHN’S, Newfoundland and Labrador, June 30, 2022 (GLOBE NEWSWIRE) — Atlas Salt Inc. (TSXV: SALT) (the “Company”) is pleased to announce that the Board of Directors has approved, in principle, the spin-out of the Company’s Fischell’s Brook Salt Dome Property and related mineral licenses comprising 226 sq. km in southwest Newfoundland. In connection with the spin-out the mineral licenses will be transferred to Triple Point Resources Ltd. (“Triple Point”), a subsidiary of the Company established for the purpose of the spin-out. Spin-Out Details:The spin-out will occur by way of a Plan of Arrangement (“the Arrangement”) under British Columbia laws, whereby shareholders of Atlas Salt will receive an aggregate of 23,750,000 common shares of Triple Point...

Rapid Micro Biosystems Confirms Receipt of Unsolicited, Non-Binding Proposal from Kennedy Lewis Investment Management

Written by Customer Service on June 30, 2022. Posted in Public Companies.

Shareholders Do Not Need to Take Action at This Time LOWELL, Mass., June 30, 2022 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today confirmed that it has received an unsolicited, non-binding proposal from Kennedy Lewis Investment Management LLC to acquire all of the outstanding shares of the Company for $5.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent advisors, the Rapid Micro Biosystems Board of Directors will carefully review the unsolicited proposal to determine the course of action that it believes is in the best interest of the Company and all Rapid Micro...

Month: June 2022

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