GCC Announces Amendments to Its Bylaws

Written by Customer Service on May 16, 2023. Posted in Public Companies.

CHIHUAHUA, Mexico, May 16, 2023 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or “the Company”), a leading producer of cement and concrete in the United States and Mexico, announced today, that at its Extraordinary Shareholders’ Meeting held on April 27th, the following amendments to the Company’s bylaws were approved: Articles 7 and 13A modification to the means of publication for the Company’s announcements and corporate communications. These were previously published in the Official State Gazette and from now on they will be published in the Ministry of Economy electronic system or in one of the widely circulated newspapers at the Company’s location, in case there is a technical failure in the system. Article 30The possibility to participate virtually in Board meetings and the use of the digital or...

SmartCentres Declares Distribution for May 2023

Written by Customer Service on May 16, 2023. Posted in Dividend Reports And Estimates.

TORONTO, May 16, 2023 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2023 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June 15, 2023 to unitholders of record on May 31, 2023. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 188 strategically located properties in communities across the country. SmartCentres has approximately $11.7 billion in assets and owns 34.8 million square feet of income producing value-oriented retail and first-class office space with 98.0% in place and committed occupancy, on 3,500...

Court Approves Plan of Arrangement For Acquisition of Velan by Flowserve

Written by Customer Service on May 16, 2023. Posted in Mergers And Acquisitions.

MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) — Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement attached to the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”) pursuant to which all of Velan’s issued and outstanding shares of Velan (the “Shares”) would be acquired for $13.00 per Share in cash by the Purchaser, a wholly owned subsidiary of Flowserve Corporation (the “Arrangement”). The Arrangement remains subject to customary closing conditions, including the regulatory approvals and clearances. The completion of the Arrangement is expected...

CENTOGENE Reports Full Year 2022 Financial Results

Written by Customer Service on May 16, 2023. Posted in Earnings Releases And Operating Results.

Full Year 2022 total revenues with double-digit growth of 12% at €47.5 million, in line with prior guidance Significant expansion of gross profit margin from 32% to 42% and ongoing cost control resulted in significant improvement of net results Both Pharma and Diagnostics segments positioned for strong performance in 2023, guidance of FY2023 total revenue growth between 10% to 15% CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, May 16, 2023 (GLOBE NEWSWIRE) — Centogene N.V. (Nasdaq: CNTG) (“we” or the “Company”), the essential life science partner for data-driven answers in rare and neurodegenerative diseases, today announced financial results for the fiscal year ended December 31, 2022, and provided a business update. “2022 reaffirms CENTOGENE’s focus and dedication to becoming the essential data-driven partner in rare and...

Broadwind To Attend The 20th Annual Craig-Hallum Institutional Investor Conference

Written by Customer Service on May 16, 2023. Posted in Public Companies.

CICERO, Ill., May 16, 2023 (GLOBE NEWSWIRE) — Broadwind (Nasdaq: BWEN, or “Broadwind”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that CEO Eric Blashford and CFO Thomas Ciccone will attend the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 2023. In conjunction with the event, Broadwind executives will be available to participate in one-on-one meetings with investors registered to attend the conference. For more information, please contact your Craig-Hallum representative. ABOUT BROADWIND Broadwind (NASDAQ: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is...

Star Bulk Carriers Corp. Reports Net Profit of $45.9 Million For the First Quarter of 2023, Declares Quarterly Dividend of $0.35 per Share and Renews Share Repurchase Program of up to $50.0 Million

Written by Customer Service on May 16, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 16, 2023 (GLOBE NEWSWIRE) — Star Bulk Carriers Corp. (the “Company” or “Star Bulk”) (Nasdaq: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced its unaudited financial and operating results for the first quarter of 2023. Unless otherwise indicated or unless the context requires otherwise, all references in this press release to “we,” “us,” “our,” or similar references, mean Star Bulk Carriers Corp. and, where applicable, its consolidated subsidiaries. Financial Highlights (Expressed in thousands of U.S. dollars, except for daily rates and per share data) First quarter 2023 First quarter 2022 Voyage Revenues $224,035 $360,883 Net income $45,875 $170,364 Adjusted Net income (1) $37,077 $175,562 Net...

Tecnoglass Announces Proposed Secondary Offering of Ordinary Shares by Energy Holding Corporation

Written by Customer Service on May 16, 2023. Posted in Public Companies.

BARRANQUILLA, Colombia, May 16, 2023 (GLOBE NEWSWIRE) — Tecnoglass Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), today announced the commencement of an underwritten public offering of an aggregate of 2,000,000 ordinary shares to be sold by Energy Holding Corporation (“Selling Stockholder”). In addition, the Selling Stockholder expects to grant the underwriters a 30-day option to purchase up to an additional 300,000 ordinary shares. All of the ordinary shares to be sold in the proposed offering are being offered by the Selling Stockholder. The Company will not receive any proceeds from the sale of the ordinary shares being offered by the Selling Stockholder. Baird, Raymond James and Stifel are acting as lead joint book-running managers for the proposed offering. The securities described above are being offered pursuant to an...

Eddy Smart Home Solutions Ltd. Provides Bi-Weekly Status Report on Management Cease Trade Order

Written by Customer Service on May 16, 2023. Posted in Public Companies.

TORONTO, May 16, 2023 (GLOBE NEWSWIRE) — Eddy Smart Home Solutions Ltd. (“Eddy” or the “Company”) (TSXV: EDY), is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”). As previously announced on April 18, 2023 and as further updated on May 3, 2023, the Company applied for a management cease trade order (“MCTO”) from the Ontario Securities Commission (“OSC”) due to an expected delay in filing the Company’s annual financial statements (the “Financial Statements”), management’s discussion and analysis relating to the Financial Statements and related officer certifications for the financial year ended December 31, 2022 (collectively, the “Annual Filing Documents”). The MCTO was granted by the...

Colliers Announces Changes to Board of Directors

Written by Customer Service on May 16, 2023. Posted in Public Companies.

TORONTO, May 16, 2023 (GLOBE NEWSWIRE) — Colliers International Group Inc. (TSX and NASDAQ: CIGI) (“Colliers”) announced today that after more than 33 years of service, Peter F. Cohen has retired from the Colliers Board of Directors. Concurrent with his retirement, John (Jack) P. Curtin, Jr., a member of the Board since 2015, will assume the role of Lead Director. Colliers also announced that Edward Waitzer has been appointed to the Board, effective today. Mr. Waitzer was a long-time partner of Stikeman Elliott LLP until his retirement in 2021, including serving as Chair of the firm from 1999 to 2006. Mr. Waitzer was also a professor and the Jarislowsky Dimma Mooney Chair in Corporate Governance at Osgoode Hall Law School and the Schulich School of Business at York University. Mr. Waitzer also has considerable regulatory...

Northrop Grumman Increases Quarterly Dividend 8 Percent to $1.87

Written by Customer Service on May 16, 2023. Posted in Public Companies.

FALLS CHURCH, Va., May 16, 2023 (GLOBE NEWSWIRE) — The board of directors of Northrop Grumman Corporation (NYSE: NOC) declared a quarterly dividend of $1.87 per share on Northrop Grumman common stock, payable June 14, 2023, to shareholders of record as of the close of business May 30, 2023. “Today we announced an 8 percent increase to our quarterly dividend, marking our 20th consecutive annual increase,” said Kathy Warden, chair, chief executive officer and president. “We employ a disciplined, balanced approach to capital deployment, including providing a sustainable and growing dividend for our shareholders while also investing in our business to support our customers.” Northrop Grumman is a leading global aerospace and defense technology company. Our pioneering solutions equip our customers with the capabilities they need to...

Day: May 16, 2023

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