Month: July 2022
OSLO, Norway (8 July 2022) – Based on preliminary reporting from operating units, TGS management expects net revenues for Q2 2022 to be approximately USD 230 million, compared to USD 72 million in Q2 2021. Net POC revenues* are expected to be approximately USD 136 million, compared to USD 54 million in Q2 2021.
Kristian Johansen, CEO at TGS, commented: “Q2 2022 was another solid quarter with late sales of close to USD 100 million, driven by a further improvement of activity in frontier areas and transfer fees. With a quarter-end cash balance of approximately USD 255 million in addition to an undrawn revolving credit facility of USD 100 million, we have a solid financial position that can comfortably fund the recently announced M&A transactions.”
TGS will release its Q2 2022 results at approximately 07:00 CEST on 21 July 2022....
ForFarmers N.V.: ForFarmers: Extra update results due to positive developments abroad
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Lochem, 8 July 2022
ForFarmers: Extra update results due to positive developments abroad
ForFarmers expects that, due to the positive developments in countries outside of the Netherlands, underlying EBITDA in the first half-year 2022 will be slightly higher than the relatively low level in the first half of 2021. The previously disclosed expectation was a substantial decline of mentioned result.
In the First Quarter 2022 Trading Update of 6 May 2022, ForFarmers announced that some movement could be seen in the food chain with respect to passing on the higher raw material, energy and fuel costs. However, at the time it was too soon to draw any conclusions from this. It has since become clear that this trend has continued in a broad sense.
Considering the continuing uncertainties with respect to availability and consequentially prices...
American Rebel Holdings Announces Pricing of $13.0 Million Private Placement Priced At-the-Market Per Nasdaq Rules
Written by Customer Service on . Posted in Public Companies.
Nashville, TN, July 07, 2022 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (NASDAQ: AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”), a designer and marketer of branded safes and personal security, and self-defense products, today announced that it has entered into a securities purchase agreement with a single institutional investor to raise approximately $13.0 million through the private placement of 11,711,712 shares of common stock (or pre-funded warrants in lieu thereof), and warrants to purchase 23,423,424 shares of common stock. Each share of common stock (or pre-funded warrant in lieu thereof) is being sold together with accompanying warrants at a combined effective purchase price of $1.11. The warrants will be immediately exercisable from the date of issuance at an initial exercise price...
Itaú Corpbanca Schedules Second Quarter 2022 Financial Results, Conference Call and Webcast
Written by Customer Service on . Posted in Public Companies.
SANTIAGO, Chile, July 07, 2022 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced today that it will release its results for the second quarter ended June 30, 2022, before the market opens in Santiago and in New York on Friday, July 29, 2022.
On Tuesday, August 2, 2022, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca’s Chief Executive Officer and Rodrigo Couto, Itaú Corpbanca’s Chief Financial Officer.
Conference Call Details:
Online registration: https://conferencingportals.com/event/LcAnNmZD
Phone registration: +1 (800) 770-2030 or +1 (647) 362-9199
International Dial-ins: https://events.q4irportal.com/custom/access/2324/
Upon registering, each participant will...
Global SPAC Partners Announces Mailing of a Definitive Merger Proxy Statement for a Shareholder Meeting on July 13, 2022
Written by Customer Service on . Posted in Public Companies.
New York NY, July 07, 2022 (GLOBE NEWSWIRE) — Global SPAC Partners Co. (“Global”) (Nasdaq: “GLSPU” for units, “GLSPT” for subunits and “GLSPW” for warrants) announces the filing with the U.S. Securities Exchange Commission (the “SEC”) of a definitive merger proxy statement, on July 7, 2022 (the “Merger Proxy Statement”), to hold an extraordinary general meeting of its shareholders on July 13, 2022 at 11:00 am Eastern Time (the “Special Meeting”), to consummate its initial business combination with Gorilla Technology Group Inc. (“Gorilla”). The Merger Proxy Statement is being delivered today to holders of record as of June 15, 2022.
Additionally, Global has opted not to hold an extraordinary general meeting of its shareholders to extend the deadline by which Global must complete its initial business combination, as previously disclosed...
AAR to announce fourth quarter fiscal year 2022 results on July 21, 2022
Written by Customer Service on . Posted in Public Companies.
Wood Dale, Illinois, July 07, 2022 (GLOBE NEWSWIRE) — AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, today announced that it will release financial results for its fourth quarter of fiscal year 2022, ended May 31, 2022, prior to the opening of the New York Stock Exchange trading session on Thursday, July 21, 2022.
On Thursday, July 21, 2022, at 7:30 a.m. Central time, AAR will hold a conference call to discuss the results. The conference call can be accessed by registering at: https://register.vevent.com/register/BIa4ef8b22b595443695c19741ef9ec7ff. Once registered, participants will receive a dial-in number and a unique PIN that will allow them to access the call.
A replay of the conference call will be available for on-demand listening shortly after the...
Tenaris to acquire Benteler Steel & Tube pipe manufacturing plant in Shreveport, Louisiana
Written by Customer Service on . Posted in Mergers And Acquisitions.
LUXEMBOURG, July 07, 2022 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) announced today that it has entered into a definitive agreement to acquire from Benteler North America Corporation, a Benteler group company, 100% of the shares of Benteler Steel & Tube Manufacturing Corporation for an aggregate price of US$460 million, on a cash-free, debt-free basis. The acquisition will include US$52 million of working capital.
The transaction is subject to regulatory approvals, including approval by the U.S. antitrust authorities, consent by Louisiana Economic Development and other local entities, and other customary conditions. Closing is expected to occur during the fourth quarter of 2022.
Benteler Steel & Tube Manufacturing Corporation is a U.S. producer of seamless steel pipe, with an annual pipe...
Radius Health Publishes Investor Presentation Outlining Company’s Progress and Board Process Resulting in Agreement to be Acquired at Significant Premium
Written by Customer Service on . Posted in Mergers And Acquisitions.
Urges stockholders to vote “FOR” Radius’ highly qualified, independent director nominees – Catherine J. Friedman, Jean-Pierre Garnier, Ph.D. and Andrew C. von Eschenbach, M.D. – on the BLUE proxy cardBOSTON, July 07, 2022 (GLOBE NEWSWIRE) — Radius Health, Inc. (“Radius” or the “Company”) (Nasdaq: RDUS) today published a detailed investor presentation available at: https://ir.radiuspharm.com/events-and-presentations/.
The document discusses the Company’s progress since 2020 and also outlines the comprehensive strategic review process conducted by the Radius Board of Directors, which resulted in its unanimous approval of the Company’s acquisition by Gurnet Point Capital and Patient Square Capital at a significant premium.
Stockholders are urged to vote “FOR” all three of the Company’s highly qualified,...
Traccom Inc. Announces Signing of Worldwide Marketing & Selling Agreement
Written by Customer Service on . Posted in Public Companies.
WALNUT CREEK, Calif., July 07, 2022 (GLOBE NEWSWIRE) — Traccom Inc. (OTC Pink: TRCC) (Company) is pleased to announce that the Company has signed an agreement with R & R Marketing Services, Inc to market and sell its Traccom Basic Tracker™ on an exclusive worldwide basis.
R & R Marketing Services, Inc., based in Napa, CA, is the world’s largest seller of VinGardeValise®, an upscale luggage line uniquely designed to transport wine and spirits.
Harry Steck, Chief Executive Officer of the Traccom, stated, ” This marketing and selling agreement with R & R Marketing Services, Inc. provides our Company with their strengths in social media marketing and significant Amazon presence along with the synergy of cross marketing our Basic Tracker product with their VinGardeValise® luggage brand”
About Traccom Inc.
The Company...
Goodfellow Reports Its Results for the Second Quarter Ended May 31, 2022
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
DELSON, Quebec, July 07, 2022 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the second quarter ended May 31, 2022. The Company reported net earnings of $12.5 million or $1.46 per share compared to net earnings of $14.0 million or $1.63 per share a year ago. Consolidated sales for the three months ended May 31, 2022 were $184.9 million compared to $185.5 million last year.
For the six months ended May 31, 2022, the Company reported net earnings of $17.7 million or $2.06 per share compared to net earnings of $17.7 million or $2.07 per share a year ago. Consolidated sales were $314.3 million compared to $305.0 million last year.
Following the unanticipated high return in the first quarter, Goodfellow delivered a strong second quarter through a well diversified...
