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Year: 2022

One Liberty Properties Increases Industrial Property Portfolio With $17.2 Million Purchase

GREAT NECK, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets that are geographically diversified, today announced that it increased its industrial property portfolio with the acquisition of two industrial warehouses with an aggregate of approximately 252,000 square feet and related trailer parking lot located on 18.2 acres in Northwood, Ohio, a suburb of Toledo for $17.2 million. The price includes the assumption of $6.0 million of mortgage debt with an interest rate of 3.57% and approximately 7.2 years of remaining term to maturity. The properties are leased to seven tenants, with one tenant accounting for approximately 47.7% of the aggregate annual base rent. The leases provide for an aggregate annual base...

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Diamondback Energy, Inc. Announces Northern Midland Basin Acquisition

Diamondback Announces Midland Basin Acquisition Pro Forma Midland Basin Acreage PositionMIDLAND, Texas, Nov. 16, 2022 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or “the Company”) today announced that it has entered into a definitive purchase agreement to acquire all leasehold interest and related assets of Lario Permian, LLC, a wholly owned subsidiary of Lario Oil & Gas Company, and certain associated sellers (collectively “Lario”) in exchange for 4.18 million shares of Diamondback common stock and $850 million of cash. The cash portion of this transaction is expected to be funded through a combination of cash on hand, borrowings under the Company’s credit facility and/or proceeds from a senior notes offering. The cash outlay at closing is expected to be approximately $775 million due to the...

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Power Your Purpose With Marie Claire for Seventh Annual Power Trip

Powered by Chase, United Airlines, the Marie Claire Power Trip Took Place November 14-15 in Los Angeles Featured Speakers Included: Jessica Alba, Jessica Chastain, Carey Mulligan, Kelly Carmichael and More The Power Trip was Presented by FP Movement, Biossance, Simon G. and Fairmont Century Plaza and More LOS ANGELES, Nov. 16, 2022 (GLOBE NEWSWIRE) — Marie Claire hosted its seventh annual Power Trip November 14-15, connecting today’s most influential women across the U.S. for a 36-hour summit that begins in the sky. This year’s summit theme was “Power Your Purpose”, bringing women together to reprioritize what’s most important to them, whether it’s living a more purpose-driven life, leading a double-bottom line company, seeing more of the world, or meeting more interesting people. The invite-only event began with East Coast power...

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Farmers & Merchants Bancorp (OTCQX: FMCB) Announces Extension of the Share Repurchase Program

LODI, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, announced that, effective immediately, the Company’s existing share repurchase program has been extended through December 31, 2024 and an additional $20 million in repurchases authorized during that period. The Company’s repurchase program was first established in 2008 and last extended in November 2021. Since November 2021 the Company has repurchased and retired 18,824 shares, representing approximately 2.38% of total shares outstanding, for a total of $17.9 million. Repurchases are made at market prices through open market purchases, trading plans established in accordance with SEC rules and privately negotiated transactions. Kent A. Steinwert, Chairman,...

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Glatfelter Corporation to Attend the Bank of America 2022 Leveraged Finance Conference

CHARLOTTE, N.C., Nov. 16, 2022 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT) a leading global supplier of engineered materials, today announced that Ramesh Shettigar, Senior Vice President, Chief Financial Officer and Treasurer, will be participating in the Bank of America 2022 Leveraged Finance Conference, being held in Boca Raton, Florida, on Tuesday, November 29th and Wednesday, November 30th 2022. Glatfelter’s presentation will begin at 8:10 am EST on Tuesday the 29th. In addition, Mr. Shettigar will conduct one-on-one meetings with investors. A copy of the Company’s presentation will be available on Glatfelter’s Investors page located at Webcasts and Presentations – Glatfelter Engineered Materials. There will be no webcast for this presentation. About Glatfelter Glatfelter is a leading global supplier of engineered...

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Cerence to Announce Fourth Quarter and Fiscal Year 2022 Results and Host an Investor Day on November 29

BURLINGTON, Mass., Nov. 16, 2022 (GLOBE NEWSWIRE) — Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter and fiscal year financial results for the quarter ended September 30, 2022 on Tuesday, November 29, 2022 at 8:00 a.m. Eastern Time / 5:00 a.m. Pacific Time. The company will host a live investor day in New York City and will also webcast the event, starting at 9:00 a.m. Eastern Time / 6:00 a.m. Pacific Time. The agenda for the investor day will include a review of Q4 and full fiscal year 2022 results and fiscal 2023 guidance. Additionally, the company will share Cerence’s market and growth strategy, a deeper dive into its technology roadmap and competitive position supporting the strategy, and the multi-year financial targets. Institutional investors and research analysts are invited to join...

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AppSwarm Prepares to Unveil Their Latest Products to the AppSwarm Application Portfolio

Tulsa, OK, Nov. 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – AppSwarm, Corp. (OTC: SWRM), a collective of creative and technological minds focused on mobile application development, cryptocurrencies, NFTs, and digital marketing solutions, to release the first application from their library of new products.  Through AppSwarm’s Strategic Alliance and Licensing Agreement with Elluminati Inc., the Company is preparing to launch 4 (four) new products to the AppSwarm portfolio of applications. The new products are focused on commercial business services, with the goal of providing broad spectrum commercial and business applications to the Transportation and Service industries. AppSwarm CEO Christopher Bailey is quoted as saying, “This is a great opportunity for AppSwarm to further diversify its business model into the commercial arena.”AppSwarm...

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FOMO CORP. REBRANDS AS “FOMO WORLDWIDE”; UPDATES ON FINANCIAL REVIEW

Chicago IL, Nov. 16, 2022 (GLOBE NEWSWIRE) — FOMO CORP. announces that is has rebranded as “FOMO WORLDWIDE” and amended its articles of incorporation to reflect this new company name. The name change has been approved in the State of California where the company has been conducting business for over three decades, is effective on the SEC’s EDGAR system, and will require FINRA approval for exchange trading purposes. Additionally, FOMO is updating shareholders on its financial review process at its primary subsidiary, SMARTSolution Technologies L.P., acquired February 28, 2022. This process has been underway for several weeks. A notice of non-reliance on financial statements for 1Q22 – 2Q22 has been filed on the Securities Exchange Commission’s EDGAR system noting important information for investors. First Half 2022 Numbers...

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Successful offering of Air France-KLM’s deeply subordinated undated bonds convertible into new shares and/or exchangeable for existing shares for a nominal amount of € 305.3 m

Paris, 16 November 2022 Successful offering of Air France-KLM’s deeply subordinated undated bonds convertible into new shares and/or exchangeable for existing shares for a nominal amount of € 305.3 mThe Offering attracted significant demand, with the orderbook multiple times oversubscribed; This success demonstrates the confidence of the investors, with significant interest from long-only funds.Air France-KLM (the “Company”) today has successfully placed undated deeply subordinated unsecured bonds convertible into new shares and/or exchangeable for existing shares (the “Bonds”), for a nominal amount of € 305.3 m, by way of a private placement to qualified investors only (the “Offering”), representing c. 200 million underlying shares. The net proceeds of the Offering will be fully allocated to the repayment of the perpetual bonds held...

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Harbor Custom Development, Inc. Enters LOI to Purchase Land for Luxury Urban Tacoma Apartment Site for $5.75 Million

TACOMA, Wash., Nov. 16, 2022 (GLOBE NEWSWIRE) — Harbor Custom Development, Inc. (Nasdaq: HCDI, HCDIP, HCDIW, HCDIZ) (“Harbor,” “Harbor Custom Homes®,” or the “Company”), an innovative and market leading real estate company involved in all aspects of the land development cycle, today announced it has signed a letter of intent to purchase .70 acres of land in Tacoma for $5,750,000 million to construct an urban multi-story apartment project of approximately 200 units. Located on Broadway in downtown Tacoma the proposed luxury multi-family project will provide expansive views of the Puget Sound and the Port of Tacoma, while offering convenient access to celebrated waterfront restaurants and renowned parks. Upon successful completion of the Company’s due diligence and closing of the property, it is...

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