Distribution

VMware Announces Record Date for Conditional Special Dividend

Retrieved on: 
Tuesday, October 19, 2021

VMware Inc. (NYSE:VMW) (VMware), a leading innovator in enterprise software, today announced that October 29, 2021 has been set as the record date (the Record Date) for VMwares $11.5 billion, conditional special dividend payable pro-rata to all VMware stockholders (the Special Dividend).

Key Points: 
  • VMware Inc. (NYSE:VMW) (VMware), a leading innovator in enterprise software, today announced that October 29, 2021 has been set as the record date (the Record Date) for VMwares $11.5 billion, conditional special dividend payable pro-rata to all VMware stockholders (the Special Dividend).
  • The Special Dividend will be payable pro-rata to all VMware stockholders of record as of the close of business on the Record Date.
  • VMware will announce the per share dividend amount following the end of trading on the New York Stock Exchange on the Record Date.
  • The payment date for the Special Dividend will be November 1, 2021 (the Payment Date), subject to satisfaction of the closing conditions.

Suzanne Casey Joins Hilton Capital as Managing Director and Head of Sales and Distribution

Retrieved on: 
Monday, October 18, 2021

GARDEN CITY, N.Y., Oct. 18, 2021 /PRNewswire/ -- Hilton Capital Management , LLC is pleased to announce that Suzanne Casey has joined the company as Managing Director and Head of Sales and Distribution effective October 11, 2021.

Key Points: 
  • GARDEN CITY, N.Y., Oct. 18, 2021 /PRNewswire/ -- Hilton Capital Management , LLC is pleased to announce that Suzanne Casey has joined the company as Managing Director and Head of Sales and Distribution effective October 11, 2021.
  • "Suzanne brings a wealth of knowledge and experience to the role and will complement the depth and expertise we currently have," said Hilton Capital CEO Craig O'Neill.
  • Before joining Hilton, Casey enjoyed a successful career spearheading sales and distribution efforts for some of Wall Street's most respected firms.
  • Prior to that, Casey held sales leadership and distribution roles at J.P. Morgan, Merrill Lynch, and Goldman Sachs.

STIIIZY Solidifies Position as #1 Cannabis Retailer & Brand in California With Opening of 20th Store in Pacheco

Retrieved on: 
Monday, October 18, 2021

This comes on the heels of market research firm BDSA crowning STIIIZY as the #1 brand in California and the #3 selling US brand overall.

Key Points: 
  • This comes on the heels of market research firm BDSA crowning STIIIZY as the #1 brand in California and the #3 selling US brand overall.
  • We want to make walking into a STIIIZY store as easy and enjoyable as visiting the Sunvalley or Veranda malls.
  • STIIIZY Pacheco (state license number: C10-0000889-LIC) is located at 100 1st Ave, North (formerly 5753 Pacheco Boulevard) Pacheco, CA 94553 (Contra Costa County).
  • The STIIIZY product line is the #1 selling vape brand nationally, the #1 overall cannabis brand in California, and the #3 selling cannabis brand overall nationally.

Healthcare Supplier and Manufacturer AliMed, Inc. Names Adam S. Epstein as Chief Executive Officer

Retrieved on: 
Monday, October 18, 2021

Healthcare product manufacturer and distributor, AliMed, Inc. ( www.alimed.com ) announced today the promotion of Adam S. Epstein, 51, to the position of Chief Executive Officer, effective immediately.

Key Points: 
  • Healthcare product manufacturer and distributor, AliMed, Inc. ( www.alimed.com ) announced today the promotion of Adam S. Epstein, 51, to the position of Chief Executive Officer, effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20211018005196/en/
    In his prior role as Chief Commercial Officer, Epstein directed all customer-facing, demand generation and product development activities.
  • AliMeds strong brand identity is synonymous with 50-years of innovative products and customizations developed to address a range of healthcare challenges.
  • AliMeds broad portfolio of healthcare products is designed to improve patient outcomes and experience, serving needs from hospital to home.

Transcat Announces Second Quarter Fiscal Year 2022 Conference Call and Webcast

Retrieved on: 
Monday, October 18, 2021

The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.

Key Points: 
  • The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook.
  • Webcast and accompanying slide presentation: www.transcat.com/investor-relations
    A telephonic replay will be available from 2:00 p.m.
  • To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13724485, or access the webcast replay at www.transcat.com/investor-relations , where a transcript will be posted once available.
  • Transcat, Inc. is a leading provider of accredited calibration, repair, inspection and laboratory instrument services.

North American Kids Scooter Market (3 & 2 Wheel): Growth Potential During 2021-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, October 15, 2021

The "North America Kids Scooter Market By Product (3 Wheel and 2 Wheel), By Distribution Channel (Online and Offline), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Kids Scooter Market By Product (3 Wheel and 2 Wheel), By Distribution Channel (Online and Offline), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027" report has been added to ResearchAndMarkets.com's offering.
  • Kids' scooter helps in covering a short distance, however; it is often disregarded due to some safety concerns.
  • According to the Accident Compensation Corporation, claims associated with kids' scooter injuries grew from 1,000 in 2008 to above 6,000 in 2012.
  • These factors are expected to restrict the further development of the kids' scooter market over the forecast period.

Redbox Teams Up with Factual Entertainment Media Company Curiosity on Multi-Faceted Agreement

Retrieved on: 
Friday, October 15, 2021

Redbox, a leading entertainment company, today announced it has signed a multi-faceted agreement with Curiosity Inc., the global factual media company, to bring more entertainment options to Redbox customers.

Key Points: 
  • Redbox, a leading entertainment company, today announced it has signed a multi-faceted agreement with Curiosity Inc., the global factual media company, to bring more entertainment options to Redbox customers.
  • Additionally, Redbox will license Curiosity content which will be offered on Redboxs AVOD and FAST streaming services in the coming months.
  • Redbox is America's leading destination for affordable new-release movies and entertainment with more ways to watch than any other home entertainment provider.
  • Redbox Entertainment, a new content acquisition and production division, has further transformed Redbox into a multi-channel content provider.

CatchMark Exits Triple T Joint Venture

Retrieved on: 
Friday, October 15, 2021

ATLANTA, Oct. 15, 2021 /PRNewswire/ --CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (Triple T) on the redemption of its common equity interest in Triple T for $35 million in cash and closed the transaction upon signing.

Key Points: 
  • ATLANTA, Oct. 15, 2021 /PRNewswire/ --CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (Triple T) on the redemption of its common equity interest in Triple T for $35 million in cash and closed the transaction upon signing.
  • CatchMark also entered into an agreement pursuant to which it will continue to provide certain asset management services to the joint venture through the first quarter of 2022 in exchange for an additional $5 million services fee, which was also paid to CatchMark at the time of closing.
  • CatchMark expects to pay a new annualized dividend rate of $0.30 per common share, beginning with the fourth quarter of 2021.
  • This adjustment reflects the loss of asset management fee revenue from the Triple T joint venture.

Colabor Group Reports Results for the Third Quarter 2021 and Announces the Appointment of a New Board Member

Retrieved on: 
Thursday, October 14, 2021

Net debt corresponds to bank indebtedness, current portion of long-term debt, long-term debt and convertible debentures, net of cash.

Key Points: 
  • Net debt corresponds to bank indebtedness, current portion of long-term debt, long-term debt and convertible debentures, net of cash.
  • (3) Financial leverage ratio is an indicator of the Company's ability to service its long-term debt.
  • Consolidated sales for the third quarter amounted to $131.6 million compared to $120.9 million during the corresponding quarter of 2020, an increase of 8.8%.
  • Excluding the impact of subsidies obtained, the adjusted EBITDA margin(1) would have been 6.0% in 2021 and 7.6% in 2020.

Redbox Enters Into Multiyear Distribution Deal for Lionsgate to Distribute Redbox Entertainment Originals and License AVOD Content

Retrieved on: 
Thursday, October 14, 2021

Global content leader Lionsgate (NYSE: LGF.A, LGF.B) and Redbox, a leading entertainment company, today announced a multiyear distribution deal under which Lionsgate will handle distribution of Redbox Entertainment titles across home entertainment windows in addition to subscription video on demand (SVOD) licensing for select titles under the Redbox Entertainment brand.

Key Points: 
  • Global content leader Lionsgate (NYSE: LGF.A, LGF.B) and Redbox, a leading entertainment company, today announced a multiyear distribution deal under which Lionsgate will handle distribution of Redbox Entertainment titles across home entertainment windows in addition to subscription video on demand (SVOD) licensing for select titles under the Redbox Entertainment brand.
  • Redbox Entertainment expects to release 36 original movies annually including upcoming releases THE LAST SON (Colson Baker (a.k.a.
  • Redbox Entertainment titles are available across all major entertainment retailers ensuring these films are enjoyed by the broadest audience possible.
  • Redbox Entertainment, a new content acquisition and production division, has further transformed Redbox into a multi-channel content provider.