Hawaii Water Service Receives Hawaii Public Utilities Commission Approval to Acquire HOH Utilities

Written by Customer Service on July 6, 2022. Posted in Mergers And Acquisitions.

WAIKOLOA, Hawaii, July 06, 2022 (GLOBE NEWSWIRE) — Hawaii Water Service (Hawaii Water) has received approval from the Hawaii Public Utilities Commission (Commission) to acquire the assets of HOH Utilities, LLC., moving the utility one step closer to establishing operations on Kauai. Hawaii Water is a subsidiary of California Water Service Group (Group) (NYSE: CWT). HOH Utilities is a wastewater utility in the growing Poipu and Koloa area of Kauai County. With the acquisition, Hawaii Water will own and manage the utility, which currently serves almost 1,800 residential, commercial, and resort customers, including three hotels, condominiums, multi-family housing, a golf course, and single-family homes. The sale remains subject to customary closing conditions. “We appreciate the trust the Hawaii Public Utilities Commission has in...

Saratoga Investment Corp. Announces Fiscal First Quarter 2023 Financial Results

Written by Customer Service on July 6, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal first quarter. Summary Financial Information The Company’s summarized financial information is as follows: For the threemonths ended andas of May 31, 2022 For the three monthsended and as ofFebruary 28, 2022 For the threemonths ended andas of May 31, 2021 ($ in thousands except per share) AUM 894,533 817,567 677,773 NAV 345,236 355,781 320,345 NAV per share 28.69 29.33 28.70 Investment Income 18,679 18,981 16,816 Net Investment Income per share 0.66 0.48 0.23 Adjusted Net Investment Income per share 0.53 0.53 0.56 Earnings per share (0.12 ) 0.70 1.88 Dividends...

Patriot Bank Receives Conditional OCC Approval Required under Merger Agreement with American Challenger

Written by Customer Service on July 6, 2022. Posted in Mergers And Acquisitions.

STAMFORD, Conn., July 06, 2022 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc., a Connecticut corporation (“Patriot”), announced today that, on June 30, 2022, the Office of the Comptroller of the Currency (the “OCC”) conditionally approved the application of Patriot Bank, National Association (“Patriot Bank”) to substantially change its asset composition under 12 CFR 5.53 in connection with the transactions (the “Proposed Transactions”) contemplated by the Merger Agreement, dated November 14, 2021, between Patriot and American Challenger Development Corp. (“American Challenger”), as amended (the “Merger Agreement”). This OCC approval is a requisite regulatory approval under the Merger Agreement. The OCC approval will automatically terminate if the Proposed Transactions are not consummated within six (6) months of June 30, 2022,...

Caldwell U.S. Dividend Advantage Fund Declares Distributions for Q3 2022

Written by Customer Service on July 6, 2022. Posted in Dividend Reports And Estimates.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 06, 2022 (GLOBE NEWSWIRE) — Caldwell Investment Management Ltd., the manager of Caldwell U.S. Dividend Advantage Fund (the “Fund”) is pleased to announce the payment of distributions on the actively-managed ETF Series of the Fund to unitholders of record as indicated below. The monthly distribution rate of CAD$0.038 per unit of the ETF Series represents an attractive annualized yield on net assets of approximately 3.5%. Record Date Payment Date Distribution per Unit July 28, 2022 August 4, 2022 CAD $0.038 August 30, 2022 September 7, 2022 CAD $0.038 September 29, 2022 October 6, 2022 CAD $0.038 ETF Series unitholders also have the option to participate in the distribution reinvestment plan (“DRIP”) offered by...

Modaxo and TripSpark Welcome Routematch

Written by Customer Service on July 6, 2022. Posted in Mergers And Acquisitions.

TORONTO, July 06, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, along with its company TripSpark, today announced it has acquired Routematch. Routematch, based in Atlanta, Georgia, and owned by Uber Technologies, Inc., serves more than 350 transit agencies across North America and Australia, helping them to transform rider experiences and manage operational costs. Routematch’s software provides trip planning, vehicle tracking, payment, and other tools for fixed route transit and paratransit services. With the acquisition, Routematch products become part of TripSpark’s overall solution offering, bringing together two leading, complementary brands to provide transit agencies with best-in-class technology for the Demand Response, Fixed Route and Mobility-On-Demand...

Tenaya Therapeutics Publishes Preclinical Data in Science Translational Medicine Detailing Discovery of HDAC6 Inhibitor for Treatment of Heart Failure

Written by Customer Service on July 6, 2022. Posted in Public Companies.

Tenaya’s Precision Medicine Platform Used to Identify HDAC6 Target Using Phenotypic Screening and Machine Learning Algorithms Tenaya’s HDAC6 Inhibitor TN-301 Advancing to the Clinic for HFpEF, with IND Filing on Track for 2H 2022 SOUTH SAN FRANCISCO, Calif., July 06, 2022 (GLOBE NEWSWIRE) — Tenaya Therapeutics, Inc. (NASDAQ: TNYA), a biotechnology company with a mission to discover, develop and deliver curative therapies that address the underlying causes of heart disease, announced the publication of preclinical research in the July 6 issue of Science Translational Medicine. The article, titled “Phenotypic screening with deep learning identifies HDAC6 inhibitors as cardioprotective in a BAG3 mouse model of dilated cardiomyopathy,” describes the discovery of histone deacetylase 6 (HDAC6) as a promising therapeutic target. These...

Nokia Corporation: Repurchase of own shares on 06.07.2022

Written by Customer Service on July 6, 2022. Posted in Public Companies.

Nokia CorporationStock Exchange Release6 July 2022 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 06.07.2022 Espoo, Finland – On 6 July 2022 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 339,207 4.46 CEUX 14,863 4.46 AQEU 3,481 4.45 TQEX 7,449 4.44 Total 365,000 4.46 * Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

Park Aerospace Corp. Issues Correction of Dial-In Number of First Quarter Earnings Release and Conference Call

Written by Customer Service on July 6, 2022. Posted in Public Companies.

NEWTON, Kan., July 06, 2022 (GLOBE NEWSWIRE) — Park Aerospace Corp. (NYSE – PKE) announced a correction to the dial-in number for the Company’s July 7, 2022 conference call to discuss its financial results for its 2023 fiscal year first quarter ended May 29, 2022. The correct dial-in number for the conference call is (877) 407-3982. As Park Aerospace Corp. previously announced on July 1, it plans to release its financial results for its 2023 fiscal year first quarter ended May 29, 2022 before the New York Stock Exchange opens on Thursday, July 7, 2022. The Company will conduct a conference call to discuss such results at 11:00 a.m. EDT on the same day. Forward-looking and other material information may be discussed in this conference call. The conference call dial-in number is (877) 407-3982 in the United States and Canada...

Eimskip: Information regarding Q2 results

Written by Customer Service on July 6, 2022. Posted in Public Companies.

According to management accounts for April and May along with a new forecast for June 2022, which is now available, EBITDA in the second quarter of 2022 will be considerably higher than in the same quarter in the previous year. It is estimated that EBITDA in the second quarter will be in the range of EUR 43.5 – 47 million compared to EUR 29.7 million (adjusted for ICA settlement of EUR 10.2 million) for the same quarter 2021. EBIT in the quarter is estimated in the range of EUR 28.5 – 32 million compared to adjusted EBIT of EUR 17.5 million for the same period 2021. There are various reasons behind the increase in EBITDA, with the main drivers being a strong performance of the international forwarding services that continue to benefit from global market conditions, and a very good utilization of the Company’s sailing system. The...

Medical Solutions Acquires North Carolina-Based Matchwell

Written by Customer Service on July 6, 2022. Posted in Mergers And Acquisitions.

Omaha, Neb., July 06, 2022 (GLOBE NEWSWIRE) — Medical Solutions, one of the nation’s largest providers of total workforce solutions serving the healthcare industry, today announced that it has acquired Durham, NC-based Matchwell. Terms of the deal were not disclosed. Launched in 2019, Matchwell’s AI enabled marketplace and SaaS solution efficiently matches licensed and certified staff with healthcare organizations across a variety of clinical settings ranging from hospitals to skilled and assisted living facilities, home health, clinics, and schools. Matchwell’s business model of subscription-based, per diem and local services expands Medical Solutions’ current portfolio of service offerings into the per diem and local markets and further bolsters the company’s total workforce solutions model. “Matchwell’s long-standing reputation...

Day: July 6, 2022

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