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RLI Declares Regular Dividend

Retrieved on: 
Wednesday, August 17, 2022 - 9:05pm

RLI Corp. (NYSE: RLI) RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.26 per share, unchanged from the prior quarter.

Key Points: 
  • RLI Corp. (NYSE: RLI) RLI Corp. announced today its Board of Directors has declared a third quarter regular cash dividend of $0.26 per share, unchanged from the prior quarter.
  • The companys dividend yield would be 0.88% based on the $1.04 indicated annual dividend and yesterdays closing stock price of $117.77.
  • RLI Corp. (NYSE: RLI) is a specialty insurer serving niche property, casualty and surety markets.
  • RLI has paid and increased regular dividends for 47 consecutive years and delivered underwriting profits for 26 consecutive years.

MVB Financial Corp. Declares Third Quarter 2022 Dividend

Retrieved on: 
Wednesday, August 17, 2022 - 9:30pm

MVB Financial Corp. (NASDAQ: MVBF) (MVB Financial, MVB, or the Company) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of September 1, 2022, payable on September 15, 2022.

Key Points: 
  • MVB Financial Corp. (NASDAQ: MVBF) (MVB Financial, MVB, or the Company) has declared a quarterly cash dividend of $0.17 per share, maintaining the dividend declared in the previous quarter for shareholders of record as of September 1, 2022, payable on September 15, 2022.
  • This is the third quarterly dividend for 2022, a 21% increase from third quarter 2022 compared to third quarter 2021.
  • Robust loan growth and a favorable liquidity profile helped drive significant net interest margin expansion during the second quarter, while measures of asset quality remained stable, said Larry F. Mazza, Chief Executive Officer, MVB Financial.
  • MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market under the ticker MVBF.

Ellington Financial Announces Estimated Book Value Per Common Share as of July 31, 2022

Retrieved on: 
Wednesday, August 17, 2022 - 9:15pm

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $16.32 as of July 31, 2022.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per share of common stock of $16.32 as of July 31, 2022.
  • Estimated book value per common share is subject to change upon completion of the Company's month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material.
  • Examples of forward-looking statements in this press release include statements regarding the Company's book value per common share.
  • Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

Planet Announces Date of Second Quarter Fiscal 2023 Financial Results and Investor Day

Retrieved on: 
Wednesday, August 17, 2022 - 9:05pm

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal second quarter 2023 financial results for the quarter ended July 31, 2022, after market close on Monday, September 12, 2022.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal second quarter 2023 financial results for the quarter ended July 31, 2022, after market close on Monday, September 12, 2022.
  • Planets management will host a conference call to discuss the financial results and business outlook at 5:00 p.m.
  • Planet invites you to listen to the conference call, which will be webcast live at Planets Investor Relations website ( www.planet.com/investors ).
  • Additionally, Planet plans to host an Investor Day in San Francisco on Wednesday, October 12, 2022.

Flowserve Appoints Ken Siegel to Its Board of Directors

Retrieved on: 
Wednesday, August 17, 2022 - 9:15pm

We are excited to welcome Ken to our board of directors, said Scott Rowe, Flowserve president and chief executive officer.

Key Points: 
  • We are excited to welcome Ken to our board of directors, said Scott Rowe, Flowserve president and chief executive officer.
  • Mr. Siegel is a member of the board of directors of CNA Financial Corporation, a publicly traded subsidiary of Loews, and he also serves on the board of Altium Packaging and is the chairman of the board of Boardwalk Pipelines.
  • The board looks forward to the addition of Kens expertise, said David Roberts, chairman of the Flowserve board of directors.
  • I am honored to join the Flowserve board of directors and work together with Flowserves leadership team to help drive the companys strategic profitable growth, said Mr. Siegel.

Athersys, Inc. Announces Closing of $12 Million Registered Direct Offering

Retrieved on: 
Wednesday, August 17, 2022 - 9:30pm

The Company intends to use the net proceeds from the offering for general corporate purposes.

Key Points: 
  • The Company intends to use the net proceeds from the offering for general corporate purposes.
  • A.G.P./Alliance Global Partners acted as sole placement agent for the offering.
  • This offering of the common stock, common stock equivalents and warrants is being made pursuant to an effective shelf registration statement on Form S-3 (File No.
  • A final prospectus supplement describing the terms of the proposed offering has been filed with the SEC and is available on the SECs website located at http://www.sec.gov .

Guess?, Inc. to Webcast Conference Call on Second Quarter Fiscal 2023 Financial Results

Retrieved on: 
Wednesday, August 17, 2022 - 9:45pm

Guess?, Inc. (NYSE: GES) will release its financial results for the second quarter of fiscal year 2023, which ended July 30, 2022, on Wednesday, August 24, 2022.

Key Points: 
  • Guess?, Inc. (NYSE: GES) will release its financial results for the second quarter of fiscal year 2023, which ended July 30, 2022, on Wednesday, August 24, 2022.
  • The Company will webcast a conference call at 4:45 p.m. (ET) that day to discuss the results.
  • A live webcast will be accessible at www.guess.com via the Investor Relations link.
  • A replay of the conference will be archived on the website for 30 days.

AeroVironment Acquires Planck Aerosystems, a Leading Provider of Advanced Unmanned Aircraft Navigation Solutions

Retrieved on: 
Wednesday, August 17, 2022 - 9:10pm

AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (Planck), a leading provider of advanced unmanned aircraft navigation solutions.

Key Points: 
  • AeroVironment, Inc. (NASDAQ: AVAV), a global leader in intelligent, multi-domain robotic systems, announced today it has acquired Planck Aerosystems, Inc. (Planck), a leading provider of advanced unmanned aircraft navigation solutions.
  • View the full release here: https://www.businesswire.com/news/home/20220815005622/en/
    Planck Aerosystems advanced flight autonomy and navigation solutions will be deployed and integrated with AeroVironments existing portfolio of intelligent, multi-domain robotic systems, such as JUMP 20 medium unmanned aircraft systems.
  • (Image: AeroVironment, Inc.)
    Founded in 2014, Planck has worked closely with customers from the U.S. Department of Defense, security agencies, allied governments and offshore industrials to develop customer-centric unmanned aircraft solutions.
  • Plancks products include embedded technologies and fully integrated unmanned aircraft systems (UAS) and leverage their deep technical expertise in UAS guidance and navigation, autonomy and artificial intelligence.

Shiftsmart Lands in Top 50 In New York on the 2022 Inc. 5000 Annual List For America’s Fastest-Growing Private Companies

Retrieved on: 
Wednesday, August 17, 2022 - 8:10pm

The Inc. list represents a one-of-a-kind look at the most successful companies within the economys most dynamic segmentits independent businesses.

Key Points: 
  • The Inc. list represents a one-of-a-kind look at the most successful companies within the economys most dynamic segmentits independent businesses.
  • Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
  • Its an honor for Shiftsmart to be recognized in the Inc. 5000 for the second year in a row, and ranked in the top 50 in New York, said Aakash Kumar, CEO and Founder, Shiftsmart.
  • The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19.

Talent Dimensions to Honor Organizations Making a Difference in Diversity, Equity & Inclusion at the Diversity Impact Awards

Retrieved on: 
Wednesday, August 17, 2022 - 8:53pm

The Diversity Impact Awards were launched in 2020 as the next iteration of the ERG & Council Honors Award.

Key Points: 
  • The Diversity Impact Awards were launched in 2020 as the next iteration of the ERG & Council Honors Award.
  • When organizations participate year-over-year in the Diversity Impact Awards , the data provides them with a benchmark among competing organizations and the ability to chart or measure their own progress over time.
  • The groups participating in the Diversity Impact Awards this year continue to raise the bar for excellence with their initiatives.
  • Talent Dimensions helps organizations weave Diversity, Equity and Inclusion (DE&I) into the fabric of their culture.