Day: February 1, 2023

Altra Industrial Motion Corp. Announces First Quarter 2023 Dividend

Altra Industrial Motion Corp. Announces First Quarter 2023 Dividend

BRAINTREE, Mass., Feb. 01, 2023 (GLOBE NEWSWIRE) — Altra Industrial Motion Corp. (Nasdaq: AIMC), a leading global manufacturer and supplier of motion control, power transmission and automation products, today announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.09 per share for the first quarter of 2023. The first quarter 2023 dividend is the forty-fourth consecutive dividend in the Company’s history. The dividend will be paid on April 4, 2023 to shareholders of record as of the close of business on March 16, 2023. Future declarations of quarterly cash dividends are subject to approval by the Board of Directors and to the Board’s continuing determination that the declaration of dividends is in the best interests of Altra’s shareholders and is in compliance with all laws and...

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E Split Corp. Announces Intention to Extend Term

E Split Corp. Announces Intention to Extend Term

TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) — (TSX: ENS, ENS.PR.A) E Split Corp. (the “Company”) is pleased to announce that the board of directors intends to approve an extension of the maturity date of the Company for an additional 5-year term to June 30, 2028 as a result of strong performance. The preferred share distribution rate for the extended term will be announced at least 60 days prior to the original maturity date of June 30, 2023 and will be based on market yields for preferred shares with similar terms at that time. The term extension allows Class A shareholders to continue to gain exposure to common shares of Enbridge Inc. (“Enbridge”), a leading North American oil and gas pipeline, gas processing and natural gas distribution company, while benefiting from an attractive distribution rate of 10.1% per annum based on the...

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Brandywine Realty Trust Announces Fourth Quarter, Full Year 2022 Results and Initiates 2023 Guidance

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2022 Results and Initiates 2023 Guidance

PHILADELPHIA, Feb. 01, 2023 (GLOBE NEWSWIRE) — Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2022. Management Comments “During 2022 we accomplished our 2022 business plan objectives and exceeded our midpoint goals for speculative revenue, same store results and rental rate mark-to-markets,” stated Jerry Sweeney, President and Chief Executive Office of Brandywine Realty Trust. “In addition, since our last earnings release we have raised over $705 million through fourth quarter asset sales, an unsecured bond transaction in December 2022 and a secured loan transaction in January 2023.  The net proceeds were used to redeem our February 2023 unsecured bond maturity totaling $350 million and completely repay the outstanding balance on our...

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ProSomnus® Provides Business Update and Preliminary 2022 Revenue Guidance

ProSomnus® Provides Business Update and Preliminary 2022 Revenue Guidance

Company commences execution of strategic growth initiatives following Initial Public Offering SAN FRANCISCO, Feb. 01, 2023 (GLOBE NEWSWIRE) — ProSomnus, Inc. (“the Company”) (NASDAQ: OSA), a pioneer in precision medical devices for the treatment of Obstructive Sleep Apnea (OSA), today announced certain unaudited results for the quarter and full year ended December 31, 2022. Preliminary 2022 Revenue Guidance and Recent Business Highlights Revenue for the full year 2022 is expected to increase over 35% year-over-year from 2021 Surpassed 187,500 devices prescribed by healthcare providers Commenced execution of multiple growth initiatives, including the expansion of direct sales team in the U.S. and Europe, the commercialization of our next generation sensor device, the relocation to a new manufacturing facility, and the development...

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Firan Technology Group Corporation (“FTG”) Announces Full Year and Fourth Quarter 2022 Earnings Release and Conference Call Dates

Firan Technology Group Corporation (“FTG”) Announces Full Year and Fourth Quarter 2022 Earnings Release and Conference Call Dates

TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) will release the full year and fourth quarter 2022 financial results after market closes on Wednesday, February 8, 2023. The Corporation will host a live conference call on Thursday, February 9, 2023, at 8:30am (Eastern) to discuss the full year and fourth quarter 2022 financial results. Anyone wishing to participate in the call should dial 416-764-8658 or 1-888-886-7786 and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available until March 9, 2023 and will be available on the FTG website at www.ftgcorp.com. The number to call for a rebroadcast is 416-764-8692 or 1-877-674-7070, Conference ID 94863452. ABOUT FIRAN TECHNOLOGY GROUP CORPORATION FTG is...

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STEP Energy Services Ltd. to Announce Fourth Quarter and Year End 2022 Results and Host Conference Call

STEP Energy Services Ltd. to Announce Fourth Quarter and Year End 2022 Results and Host Conference Call

CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (“STEP”) intends to release its 2022 fourth quarter results on Wednesday, March 1, 2023 after markets close. Financial Statements and Management’s Discussion and Analysis will be posted to STEP’s website and SEDAR after the press release is disseminated. STEP will host a conference call on Thursday, March 2, 2023 at 9:00 a.m. MT to discuss the results for the Fourth Quarter and Year End 2022 and outlook on 2023. To listen to the webcast of the conference call, please click on the following URL: https://viavid.webcasts.com/starthere.jsp?ei=1587943&tp_key=0d3ba1e791 You can also visit the Investors section of our website at www.stepenergyservices.com and click on “Reports, Presentations & Key Dates”. To participate in the Q&A session,...

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Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

ISELIN, N.J. and OAK RIDGE, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions. About Provident Financial Services, Inc. Provident Financial Services, Inc. is the holding company for Provident Bank, a community-oriented bank offering “commitment you can count on” since 1839. Provident Bank provides a comprehensive array of financial products and services through...

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Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

Provident Financial Services, Inc. and Lakeland Bancorp, Inc. Announce the Receipt of Shareholder Approvals in Connection with Proposed Merger

ISELIN, NJ. and OAK RIDGE, NJ., Feb. 01, 2023 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions. About Provident Financial Services, Inc. Provident Financial Services, Inc. is the holding company for Provident Bank, a community-oriented bank offering “commitment you can count on” since 1839. Provident Bank provides a comprehensive array of financial products and services through...

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Advanced Emissions Solutions Completes Acquisition of Arq Limited’s Business

Advanced Emissions Solutions Completes Acquisition of Arq Limited’s Business

Revised transaction structure results in ADES acquiring 100% of the equity interests of Arq Limited subsidiaries in exchange for issuance of preferred shares Final ownership terms results in legacy ADES shareholders retaining 59% of the outstanding equity GREENWOOD VILLAGE, Colo., Feb. 01, 2023 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a leader in emissions control solutions for coal-fired power generation, industrial and municipal water purification markets, today closed its previously announced agreement with Arq Limited to combine their respective businesses on updated terms and structure. “We are pleased to announce the completion of the acquisition of all of the subsidiaries of Arq Limited. As a result of changing macroeconomic conditions, the Board and management team...

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HBT Financial, Inc. Completes Merger With Town and Country Financial Corporation

HBT Financial, Inc. Completes Merger With Town and Country Financial Corporation

BLOOMINGTON, Ill., Feb. 01, 2023 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company”, “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today announced that it has completed its merger with Town and Country Financial Corporation (“Town and Country”), the holding company for Town and Country Bank. As of December 31, 2022, Town and Country Bank had $923 million in total assets, $662 million in total loans held for investment, and $762 million in total deposits. The completion of the merger expands HBT Financial’s Illinois footprint into the Springfield, St. Louis Metro East, Decatur, Jacksonville and Quincy markets. Fred L. Drake, Chairman and Chief Executive Officer of HBT Financial, said, “We are very excited to close this merger with Town and Country. We welcome their customers,...

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