Day: August 1, 2022

Douglas Dynamics Reports Second Quarter 2022 Results

Written by Customer Service on August 1, 2022. Posted in Earnings Releases And Operating Results.

Performance Driven by Ongoing Strength of Work Truck Attachments Segment Highlights:Record Net Sales of $187.6 Million, a 19.1% increase compared to 2Q21 Net Income increased 25.7% to $17.7 million, or $0.75 of Diluted EPS Adjusted EBITDA increased to $34.1 million Narrowed 2022 guidance towards the middle Paid $0.29 per share cash dividend on June 30, 2022MILWAUKEE, Aug. 01, 2022 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the second quarter ended June 30, 2022. Bob McCormick, President & CEO, stated, “We delivered strong top line growth overall this quarter when compared to the second quarter of 2021 despite the ongoing impact of supply chain constraints. While information from...

CVR Energy Reports Second Quarter 2022 Results, Announces a Cash Dividend of 40 cents and a Special Dividend of $2.60

Written by Customer Service on August 1, 2022. Posted in Earnings Releases And Operating Results.

SUGAR LAND, Texas, Aug. 01, 2022 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy” or the “Company”) (NYSE: CVI) today announced net income of $165 million, or $1.64 per diluted share, on net sales of $3.1 billion for the second quarter of 2022, compared to a net loss of $6 million, or 6 cents per diluted share, on net sales of $1.8 billion for the second quarter of 2021. Second quarter 2022 EBITDA was $401 million, compared to second quarter 2021 EBITDA of $102 million. “CVR Energy’s second quarter 2022 results were driven by higher group diesel crack spreads and higher nitrogen-based fertilizer pricing, offset somewhat by lower refining throughput volumes due to the Wynnewood refinery’s planned turnaround and conversion of its hydrocracker to renewable diesel service, lower fertilizer sales volumes and a legal accrual in our...

CVR Partners Reports Second Quarter 2022 Results and Announces a Cash Distribution of $10.05

Written by Customer Service on August 1, 2022. Posted in Dividend Reports And Estimates.

SUGAR LAND, Texas, Aug. 01, 2022 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced net income of $118 million, or $11.12 per common unit, on net sales of $244 million for the second quarter of 2022, compared to net income of $7 million, or 66 cents per common unit, on net sales of $138 million for the second quarter of 2021. EBITDA was $147 million for the second quarter of 2022, compared to EBITDA of $51 million for the second quarter of 2021. “CVR Partners achieved solid operating results for the second quarter of 2022, driven by strong global fertilizer industry conditions,” said Mark Pytosh, Chief Executive Officer of CVR Partners’ general partner. “While Spring weather presented a challenge,...

Rally and Americas Technology Acquisition Corp. Announce Filing of Registration Statement on Form S-4 in Connection with their Proposed Business Combination

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

NEW YORK and DALLAS, Aug. 01, 2022 (GLOBE NEWSWIRE) — Rally Communitas Corp. (the “Company” or “Rally”), a leading technology company for mass mobility in the United States doing business under the “Rally” and “OurBus” brands and Americas Technology Acquisition Corp., a special purpose acquisition company (“ATA”) (NYSE: ATA, ATA.WS, ATA.U), today announced the filing on July 28, 2022 by Americas Technology Acquisition Holdings Inc. (“Pubco”) of a registration statement on Form S-4 (the “Registration Statement”), with the U.S. Securities and Exchange Commission (“SEC”) in connection with the proposed business combination between Rally and ATA (the “Business Combination”). The Registration Statement contains a preliminary prospectus of Pubco relating to the issuance of shares of Pubco common stock and Contingent Value Rights in connection...

Mondelēz International Completes Acquisition of Clif Bar & Company, U.S. Leader in Fast-Growing Energy Bars

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

Creates a $1 billion global snack bar player with leading brands Augments well-being and sustainable snacking portfolio and continued expansion in Baked Snacks Builds on company’s strategy to prioritize fast-growing snacking segments in key geographiesCHICAGO, Aug. 01, 2022 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (Nasdaq: MDLZ) today announced it has completed the acquisition of Clif Bar & Company, leading U.S. maker of nutritious energy bars with organic ingredients. The acquisition expands Mondelēz International’s global snack bar business to more than $1 billion, with leading brands including CLIF®, CLIF Kid® and LUNA® complementing the company’s refrigerated snacking business Perfect Snacks in the U.S. and leading performance nutrition business Grenade in the U.K. This acquisition also advances the company’s...

Devon Energy Announces Second-Quarter Dividend for Common Stockholders

Written by Customer Service on August 1, 2022. Posted in Dividend Reports And Estimates.

OKLAHOMA CITY, Aug. 01, 2022 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) announced today its board of directors declared a fixed-plus-variable dividend of $1.55 per share based on the company’s second-quarter financial performance. This record payout represents a 22 percent increase from the previous quarter. As part of the second-quarter dividend announcement, the board approved an increase in the fixed dividend of 13 percent or $0.02 per share. The company’s fixed-plus-variable dividend is payable on Sep. 30, 2022 to shareholders of record at the close of business on Sep. 12, 2022. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to...

BigIron Auctions to acquire Sullivan Auctioneers LLC

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

Acquisition will combine two of the biggest online auction companies into the best ST. EDWARD, Neb., Aug. 01, 2022 (GLOBE NEWSWIRE) — BigIron Auctions announced today their agreement to acquire Sullivan Auctioneers LLC — headquartered in Hamilton, Illinois. The agreement, finalized on July 19, will bring more than 300 employees together to serve the needs of the online auction industry across the US. “Our shared philosophies of transparency, trust and hard work solidified our decision to combine organizations,” said Big Iron CEO Mark Stock. “Together we are better.” With almost 80 years of combined expertise, BigIron Auctions and Sullivan Auctioneers will continue as a BigIron Company with locations in Omaha, Columbus and St. Edwards, Nebraska; Hamilton, Illinois; Huntington, Indiana; and Bird Island, Minnesota. Ron and Mark...

Proactive news headlines including Tiffany & Co, Cypress Development, American Resources, ImagineAR, Tiziana Life Sciences and Braxia Scientific

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

New York , Aug. 01, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: CryptoPunks comes to Tiffany & Co. with limited-edition gold pendants click here Todos Medical says new study highlights case for use of dietary supplement product Tollovid click here Cypress Development gets repeat ‘Outperform’ rating, high-upside $3.10 price target from Noble Capital click here MySize strikes deal with 7 For All Mankind (Brazil) for clothing customers to find perfect fit click here PowerTap Hydrogen Capital provides update on Progressus Clean Technologies subsidiary acquisition by BioQuest click here Alibaba says it will work with US regulators to prevent New York delisting click here Bitcoin and Ethereum...

Albioma : Success of the friendly Tender Offer initiated by KKR, which will hold 83.44% of Albioma’s share capital following the first offer period

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

PRESS RELEASE Paris La Défense, 1 Aug 2022 Success of the friendly Tender Offer initiated by KKR, which will hold 83.44% of Albioma’s share capital following the first offer period Albioma and KKR announce the results of the friendly Tender Offer for all Albioma securities (the “Offer”) published by the Autorité des marchés financiers (“AMF”) following the completion of the Offer on 27 July 2022. Following the completion of the Offer initiated by KKR for all Albioma securities, KKR will hold 27,049,985 shares representing 83.44% of Albioma’s capital and 83.44% of voting rights, and 551,205 warrants (BSAAR) amounting to 99.95% of all of the outstanding BSAARs1.It should be noted that these figures exclude Albioma’s treasury shares (0.45% of the capital) and performance shares subject to a retention period which may be covered by liquidity...

Bolthouse Farms Finalizes the Acquisition of Evolution Fresh from Starbucks, Strengthening Leadership Position in the Juice and Refrigerated Beverage Categories

Written by Customer Service on August 1, 2022. Posted in Mergers And Acquisitions.

Bolthouse Farms aligns two powerhouse juice brands to propel Evolution Fresh forward and accelerate Bolthouse’s rapid growth trajectoryBolthouse Farms Bolthouse Farms is the No. 1 super-premium refrigerated beverage brand in the U.S. and one of the largest carrot suppliers to North American retailers.BAKERSFIELD, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) — Bolthouse Farms has closed its acquisition of Evolution Fresh from Starbucks (NASDAQ: SBUX). The acquisition includes the brand, business, and employees supporting Evolution Fresh. By uniting the two powerhouse brands, Bolthouse Farms looks to further accelerate the company’s leadership within the premium juice and refrigerated beverage categories in retail. Through this acquisition, Bolthouse Farms will expand its beverage offering from nutrient-dense, plant-powered juices...

Day: August 1, 2022

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