Day: April 11, 2024

Provident Financial Services, Inc. Receives Federal Reserve Board Approval for its Merger with Lakeland Bancorp, Inc.

Written by Customer Service on April 11, 2024. Posted in Mergers And Acquisitions.

ISELIN, N.J. and OAK RIDGE, N.J, April 11, 2024 (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 receipt of regulatory approval from the Board of Governors of the Federal Reserve System (the “Federal Reserve”) for Provident and Lakeland to complete their previously announced merger. With this approval, no further regulatory approvals are required to complete the merger. Consistent with the approval of the Federal Deposit Insurance Corporation for the merger, the Federal Reserve approval is subject to a commitment by Provident to issue $200 million of Tier 2 qualifying subordinated debt prior to or concurrently with the completion of the merger. In addition,...

HII Delivers Amphibious Transport Dock Richard M. McCool Jr. (LPD 29) to U.S. Navy

Written by Customer Service on April 11, 2024. Posted in Public Companies.

PASCAGOULA, Miss., April 11, 2024 (GLOBE NEWSWIRE) — HII’s (NYSE:HII) Ingalls Shipbuilding division announced today the delivery of amphibious transport dock Richard M. McCool Jr. (LPD 29) to the U.S. Navy. Richard M. McCool Jr. is the 13th San Antonio-class ship delivered by Ingalls and is the final Flight I transition ship before Ingalls moves into production of the LPD Flight II line. “The LPD 29 delivery demonstrates how our shipbuilders are enabling our combined Navy and Marine Corps team,” said Kari Wilkinson, president of Ingalls Shipbuilding. “It is the most recent example of what U.S. industry and government partnerships can accomplish by putting another player on the field. We will now bring the full weight of this collaborative team to bear on steady-state Flight II execution going forward.” Ingalls has two Flight II...

Transocean Ltd. Announces Pricing of Upsized Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031

Written by Customer Service on April 11, 2024. Posted in Public Companies.

STEINHAUSEN, Switzerland, April 11, 2024 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that Transocean Inc., its wholly-owned subsidiary (the “Company” and, together with Transocean Ltd., “Transocean”), has priced its previously announced private offering, upsized to $1,800,000,000 in aggregate principal amount, of $900,000,000 aggregate principal amount of Senior Notes due 2029 (the “2029 Notes”) and $900,000,000 aggregate principal amount of Senior Notes due 2031 (the “2031 Notes” and together with the 2029 Notes, the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by Transocean Ltd. and certain of the Company’s subsidiaries. The 2029 Notes will bear interest at the rate of 8.250% per annum, and the 2031 Notes...

NewLake Capital Partners to Host First Quarter 2024 Earnings Call on May 9th at 11:00 a.m. ET

Written by Customer Service on April 11, 2024. Posted in Public Companies.

NEW CANAAN, Conn., April 11, 2024 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OTCQX: NLCP) (“The Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced that it plans to host a conference call and report its financial results for the first quarter ended March 31, 2024 on Thursday, May 9, 2024. Additional details are available under the Investor Relations section of the Company’s website: https://ir.newlake.com/.Event: NewLake Capital Partners First Quarter 2024 Earnings CallDate: Thursday, May 9, 2024Time: 11:00 a.m. Eastern TimeLive Call: 1-877-407-3982 (U.S. Toll-Free) or 1- 201-493-6780 (International)Webcast: https://viavid.webcasts.com/starthere.jsp?ei=1665554&tp_key=6673fe3daa For interested individuals unable to join the conference...

Steppe Gold Enters Into Share Exchange Agreement to Acquire Boroo Gold and Agrees to Sell the Tres Cruces Oxide Project

Written by Customer Service on April 11, 2024. Posted in Mergers And Acquisitions.

ULAANBAATAR, Mongolia, April 11, 2024 (GLOBE NEWSWIRE) — Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce that, further to its press releases dated January 22, 2024 and March 19, 2024, it has entered into a share exchange agreement (the “Share Exchange Agreement”) pursuant to which Steppe Gold will acquire all of the issued and outstanding common shares (the “BG Common Shares”) of Boroo Gold LLC (“Boroo Gold”) from an indirect, wholly owned subsidiary of Boroo Pte Ltd. (“Boroo Singapore”) in an all-share transaction (the “Boroo Gold Transaction”). Additionally, pursuant to separate definitive share purchase agreements (the “Share Purchase Agreements”), each between one of Steppe Gold’s wholly-owned subsidiaries, on the one hand, and Boroo Singapore or one of its affiliates, on the other...

Firan Technology Group Corporation (“FTG”) Announces First Quarter 2024 Financial Results

Written by Customer Service on April 11, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, April 11, 2024 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced financial results from its first quarter of 2024.First quarter bookings of $37.5M were up 14% over Q1 2023. FTG first quarter revenues of $35.0M were up 42% over Q1 2023. FTG achieved Adjusted Net Earnings in Q1 2024 of $1.1M. FTG achieved Adjusted EBITDA of $4.6M, which was up 42% over Q1 2023.Business Highlights During Q1 2024, the Corporation has continued to invest in technology in existing sites, grow the business organically, and integrate the two acquisitions completed last year. FTG is strategically deploying its capital in ways that will drive increased shareholder returns for the future in both the near term and long term. Specifically, FTG accomplished the following in Q1 2024, which continues to improve the Corporation...

Goodfellow Reports Its Results for the First Quarter Ended February 29, 2024

Written by Customer Service on April 11, 2024. Posted in Earnings Releases And Operating Results.

DELSON, Quebec, April 11, 2024 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company” or “Goodfellow”) announced today its financial results for the first quarter ended February 29, 2024. The Company reported a net loss of $108 thousand or $0.01 per share compared to a net loss of $211 thousand or $0.02 per share a year ago. Consolidated sales for the three months ended February 29, 2024 were $105.3 million compared to $105.9 million last year. Though under pressure from lingering inflation and cautious consumer sentiment, Goodfellow achieved a comparable overall financial performance in the first quarter thanks to its diversified product offering, expertise in value-added services, and efficient distribution systems, as well as its strong, debt-free balance sheet. With uncertain economic conditions ahead, the Company will...

Targa Resources Corp. Declares Increase to Quarterly Common Dividend and Announces Timing of First Quarter 2024 Earnings Webcast

Written by Customer Service on April 11, 2024. Posted in Dividend Reports And Estimates.

HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that its board of directors has declared an increase to its quarterly cash dividend to $0.75 per common share, or $3.00 per common share on an annualized basis, for the first quarter of 2024, consistent with previously disclosed expectations. This dividend represents a 50 percent increase over the common dividend declared with respect to the first quarter of 2023. This cash dividend will be paid May 15, 2024 on all outstanding common shares to holders of record as of the close of business on April 30, 2024. The Company will report its first quarter 2024 financial results before the market opens for trading on Thursday, May 2, 2024 and will host a live webcast over the internet at 11:00...

Longeveron Announces Closing of $5.2 Million Public Offering

Written by Customer Service on April 11, 2024. Posted in Public Companies.

MIAMI, April 11, 2024 (GLOBE NEWSWIRE) — Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or the “Company”), a clinical stage biotechnology company developing cellular therapies for life-threatening and chronic aging-related conditions such as hypoplastic left heart syndrome (HLHS), Alzheimer’s disease and Aging-related Frailty, today announced the closing of its previously announced public offering of up to 2,234,043 shares of the Company’s Class A common stock (or pre-funded warrants in lieu thereof) and warrants to purchase up to 2,234,043 shares of Class A common stock at a combined offering price of $2.35 per share (or per pre-funded warrant in lieu thereof) and associated warrant. The warrants have an exercise price of $2.35 per share and are immediately exercisable upon issuance for a period of five years following the date...

Saia to Announce First Quarter 2024 Results on April 26, 2024

Written by Customer Service on April 11, 2024. Posted in Public Companies.

JOHNS CREEK, Ga., April 11, 2024 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, April 26th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time. To participate in the call, please dial 1-800-715-9871 or 1-646-307-1963 referencing conference ID #5358022. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company website at https://www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through...

Day: April 11, 2024

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