Government

Metropolitan Commits to Greater Water Reliability, Supply Equity for All Member Agencies

Retrieved on: 
Thursday, August 18, 2022 - 12:14am

Affected agencies include Calleguas Municipal Water District, Inland Empire Utilities Agency, Las Virgenes Municipal Water District, Los Angeles Department of Water and Power, Three Valleys Municipal Water District and Upper San Gabriel Valley Municipal Water District.

Key Points: 
  • Affected agencies include Calleguas Municipal Water District, Inland Empire Utilities Agency, Las Virgenes Municipal Water District, Los Angeles Department of Water and Power, Three Valleys Municipal Water District and Upper San Gabriel Valley Municipal Water District.
  • In response to the record drought, Metropolitan has collaborated with its member agencies to develop and apply extraordinary actions aimed at preserving state project water for the communities that need it most.
  • Metropolitan also accelerated its Pure Water Southern California recycled water project to develop a new supply source for the region.
  • The Metropolitan Water District of Southern California is a state-established cooperative that, along with its 26 cities and retail suppliers, provides water for 19 million people in six counties.

Grupo Supervielle Reports 2Q22 Results

Retrieved on: 
Wednesday, August 17, 2022 - 11:15pm

Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (Supervielle or the Company) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and six-months period ended June 30, 2022.

Key Points: 
  • Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (Supervielle or the Company) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and six-months period ended June 30, 2022.
  • Starting 1Q20, the Company began reporting results applying Hyperinflation Accounting, in accordance with IFRS rule IAS 29 (IAS 29) as established by the Central Bank.
  • Excluding non-recurring severance charges, Supervielle would have delivered net loss of AR$1.2 billion in 2Q22, with adjusted ROAE in real terms at approximately negative 6.8%, compared to 2.9% in previous quarter.
  • 2Q22 Tier 1 Capital Ratio evolution reflects the growth of loan portfolio above inflation and impact of net results.

Phillips 66 Announces Offer to Acquire Outstanding Publicly Held Common Units of DCP Midstream, LP

Retrieved on: 
Wednesday, August 17, 2022 - 10:06pm

Concurrent with Phillips 66s (NYSE: PSX) announcement of the realignment of economic and governance interests in DCP Midstream, LP (DCP Midstream), Phillips 66 also announced today it has submitted a non-binding proposal to the board of directors of the general partner of DCP Midstream offering to acquire all publicly held common units of DCP Midstream for cash.

Key Points: 
  • Concurrent with Phillips 66s (NYSE: PSX) announcement of the realignment of economic and governance interests in DCP Midstream, LP (DCP Midstream), Phillips 66 also announced today it has submitted a non-binding proposal to the board of directors of the general partner of DCP Midstream offering to acquire all publicly held common units of DCP Midstream for cash.
  • Phillips 66 engaged Barclay's Capital Inc. as financial advisor and Bracewell LLP as legal counsel.
  • For more information regarding Phillips 66s previous announcement of the realignment of economic and governance interests in DCP Midstream, refer to the Strategic Joint Venture Update available on the Phillips 66 Investors site, phillips66.com/investors .
  • This communication relates to a proposed business combination between Phillips 66 and DCP Midstream, LP (DCP Midstream).

MEDICURE TO PRESENT FINANCIAL RESULTS ON AUGUST 25, 2022 CALL at 8:30 AM ET FOR QUARTER ENDED JUNE 30, 2022

Retrieved on: 
Wednesday, August 17, 2022 - 10:00pm

Management will accept and answer questions related to the financial results and operations during the question-and-answer period at the end of the conference call.

Key Points: 
  • Management will accept and answer questions related to the financial results and operations during the question-and-answer period at the end of the conference call.
  • A recording of the call will be available following the event at the Company's website.
  • Medicure is a pharmaceutical company focused on the development and commercialization of therapies for the U.S. cardiovascular market.
  • AGGRASTAT (tirofiban hydrochloride) injection, ZYPITAMAG (pitavastatin) tablets, and Marley Drug are registered trademarks of Medicure International Inc.

Congresswoman Flores Tours Apartments Slated for $16.5M Reconstruction

Retrieved on: 
Wednesday, August 17, 2022 - 9:38pm

Today, Congresswoman Mayra Flores, R-TX, toured a more than 40-year-old Weslaco, Texas, apartment complex that will be torn down and reconstructed into a new $16.5 million affordable housing complex.

Key Points: 
  • Today, Congresswoman Mayra Flores, R-TX, toured a more than 40-year-old Weslaco, Texas, apartment complex that will be torn down and reconstructed into a new $16.5 million affordable housing complex.
  • Housing is a key pillar for family stability and well-being, and projects like the one happening right here in Weslaco, show that public-private partnerships work, said Congresswoman Flores.
  • Prospera provides affordable housing and related services in three regions of the state: the Rio Grande Valley, Corpus Christi and San Antonio.
  • Special thanks to Congresswoman Flores for her presence here today and her support of affordable housing in the District.

North American Helium Successfully Brings Third Helium Facility into Production

Retrieved on: 
Wednesday, August 17, 2022 - 9:28pm

North American Helium Inc. (NAH or the Company) today announced it has successfully brought its third helium purification facility on production in May with zero operational issues.

Key Points: 
  • North American Helium Inc. (NAH or the Company) today announced it has successfully brought its third helium purification facility on production in May with zero operational issues.
  • North American Helium continues to increase its level of investment in Saskatchewan as we advance exploration and development projects slated for 2023.
  • Our company remains committed to being a trusted partner for the supply of reliable, sustainably produced helium in North America.
  • NAH owns and operates multiple helium purification facilities including Canadas largest facility (Battle Creek), providing reliable, long-term North American supply of this scarce resource to meet growing demand.

Phillips 66 Enhances NGL Platform with Wellhead to Market Integration Through Increased Economic Interest in DCP Midstream

Retrieved on: 
Wednesday, August 17, 2022 - 10:00pm

Phillips 66 increased its economic interest in DCP Midstream from 28.26% to 43.31% and will oversee and manage the joint ventures interest in DCP Midstream, including the General Partner.

Key Points: 
  • Phillips 66 increased its economic interest in DCP Midstream from 28.26% to 43.31% and will oversee and manage the joint ventures interest in DCP Midstream, including the General Partner.
  • DCP is a valued business in our portfolio and enhances our existing value chain from wellhead to market, creating a platform for future NGL growth.
  • Phillips 66 and Enbridge hold their DCP Midstream general and limited partner interests through DCP Midstream, LLC.
  • Gray Oak Holdings, LLC, a joint venture between Phillips 66 and Enbridge, has been merged with and into DCP Midstream, LLC.

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.

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.