Financial economics

Lincoln Electric Board Raises Dividend For 25th Consecutive Year

Retrieved on:

Tuesday, October 20, 2020

Dividends, Corporate finance, Shareholders, Finance, Financial economics, Financial ratios, Taxation in Australia

This marks the 25th consecutive annual increase of the dividend.

Key Points:

This marks the 25th consecutive annual increase of the dividend.
The dividend is payable January 15, 2021 to shareholders of record at the close of business on December 31, 2020.
We are proud to return value to our shareholders with 25-years of consecutive dividend increases placing Lincoln Electric in a select group of companies, said Christopher L. Mapes, Chairman, President and Chief Executive Officer.
For more information about Lincoln Electric and its products and services, visit the Companys website at https://www.lincolnelectric.com .

Parsley Energy Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Parsley Energy, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – PE

Retrieved on:

Tuesday, October 20, 2020

Legal, Professional services, Financial markets, Financial economics, Articles, Stock market, Corporate finance, Equity securities, Apioideae, Legal entities, Shareholder, Securities fraud, Parsley, Stock

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Parsley Energy, Inc. (NYSE: PE) to Pioneer Natural Resources Company for 0.1252 shares of Pioneer common stock for each share of Parsley common stock is fair to Parsley shareholders.

Key Points:

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Parsley Energy, Inc. (NYSE: PE) to Pioneer Natural Resources Company for 0.1252 shares of Pioneer common stock for each share of Parsley common stock is fair to Parsley shareholders.
On behalf of Parsley shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Parsley shareholder and would like to discuss your legal rights and options, please visit Parsley Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] .
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Aptinyx Announces Proposed Public Offering of Common Stock

Retrieved on:

Tuesday, October 20, 2020

Aptinyx Inc. (Nasdaq: APTX), a clinical-stage biopharmaceutical company developing transformative therapies for the treatment of brain and nervous system disorders, today announced that it intends to offer and sell 12,000,000 shares of its common stock in an underwritten public offering.

Key Points:

Aptinyx Inc. (Nasdaq: APTX), a clinical-stage biopharmaceutical company developing transformative therapies for the treatment of brain and nervous system disorders, today announced that it intends to offer and sell 12,000,000 shares of its common stock in an underwritten public offering.
Aptinyx also expects to grant the underwriters a 30-day option to purchase up to an additional 1,800,000 shares to be issued and sold in the public offering.
The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size and terms of the offering.
The shares of common stock in the public offering will be issued by Aptinyx pursuant to a shelf registration statement that was previously filed with, and declared effective by, the Securities and Exchange Commission (the SEC).

Casella Waste Systems Announces Proposed Public Offering of Class A Common Stock

Retrieved on:

Tuesday, October 20, 2020

Financial markets, Finance, Financial economics, Corporate finance, Stock market, Casella Waste Systems, Rutland (city), Vermont, Equity securities, Casella, Stock, Security, NASDAQ

RUTLAND, Vt., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ:CWST), a regional solid waste, recycling and resource management services company, announced today that it has commenced a proposed underwritten public offering of 2,350,000 shares of its Class A common stock.

Key Points:

RUTLAND, Vt., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ:CWST), a regional solid waste, recycling and resource management services company, announced today that it has commenced a proposed underwritten public offering of 2,350,000 shares of its Class A common stock.
Casella also intends to grant the underwriters of the offering an option for a period of 30 days to purchase up to an additional 352,500 shares of Class A common stock.
All of the shares in the offering are to be sold by Casella.
Raymond James and BofA Securities will act as joint book-running managers for the offering.

Merchants & Marine Bancorp, Inc. Issues Third Quarter Earnings

Retrieved on:

Tuesday, October 20, 2020

Banking, Professional services, Finance, OTC Markets Group, Earnings per share, Finance, Money, Financial economics

Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, reports net income for the third quarter of $274 thousand, yielding earnings per share of twenty-one cents.

Key Points:

Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), the parent company of Merchants & Marine Bank, reports net income for the third quarter of $274 thousand, yielding earnings per share of twenty-one cents.
Comparable earnings for the third quarter of 2019 were $1.17 million or eighty-eight cents per share, representing a decrease in earnings per share of just under 77 percent.
The gains realized from the liquidated securities during the second quarter constituted approximately 30 months of income from those assets.
Merchants & Marine Bank (M&M Bank) is a wholly owned subsidiary of Merchants & Marine Bancorp, Inc. (OTCQX: MNMB), a Mississippi based bank holding company.

DGAP-News: fashionette AG: Pre-stabilisation Period Announcement

Retrieved on:

Tuesday, October 20, 2020

Initial public offering, Stock market, Prospectus, Finance, Financial economics, Security, Financial markets, SEC filings, Red herring prospectus, Regulation S-K

This announcement does neither constitute an offer of securities to the public nor a prospectus within the meaning of the Prospectus Regulation.

Key Points:

This announcement does neither constitute an offer of securities to the public nor a prospectus within the meaning of the Prospectus Regulation.
Any investment activity to which this announcement relates will only be available to and will only be engaged with, relevant persons.
An investment decision regarding the Shares referred to in this announcement should only be made on the basis of the Prospectus.
The issuer is solely responsible for the content of this announcement.

Brunswick Corporation Raises Quarterly Dividend for the Eighth Consecutive Year

Retrieved on:

Tuesday, October 20, 2020

Financial markets, Corporate finance, Shareholders, Financial economics, Share, Dividends

METTAWA, Ill., Oct. 20, 2020 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE: BC) today raised the quarterly dividend on its common stock 12.5 percent to $0.27 per share.

Key Points:

METTAWA, Ill., Oct. 20, 2020 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE: BC) today raised the quarterly dividend on its common stock 12.5 percent to $0.27 per share.
This marks the eighth consecutive year of dividend increases.
The dividend will be payable on December 18, 2020, to shareholders of record at the close of business on November 24, 2020.
Lee Gordon Vice President Brunswick Global Communications & Public Relations Brunswick Office: 847-735-4003 Mercury Office: 920-924-1808 Cell: 904-860-8848 [email protected]

Cleveland BioLabs Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Cleveland BioLabs, Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – CBLI

Retrieved on:

Tuesday, October 20, 2020

Legal, Professional services, Stock market, Financial economics, Finance, Cleveland BioLabs, Corporate finance, Stock, Shareholder, Corporations

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger between Cleveland BioLabs, Inc. (NASDAQ: CBLI) and Cytocom, Inc. is fair to Cleveland BioLabs shareholders.

Key Points:

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger between Cleveland BioLabs, Inc. (NASDAQ: CBLI) and Cytocom, Inc. is fair to Cleveland BioLabs shareholders.
On behalf of Cleveland BioLabs shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
If you are a Cleveland BioLabs shareholder and would like to discuss your legal rights and options, please visit Cleveland BioLabs Merger or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected] .
Under the merger, Cleveland BioLabs stockholders are expected to own approximately 39% of the combined company.

United Bancorp, Inc. Reports on its Earnings for the Three and Nine Months Ended September 30, 2020

Retrieved on:

Tuesday, October 20, 2020

Corporate finance, Finance, Financial markets, Financial economics, Earnings per share, Fundamental analysis, Stock

The Company's diluted earnings per share for the three months ended September 30, 2020 was $0.36, as compared to $0.31 for the same period in the previous year, an increase of 16.1%.

Key Points:

The Company's diluted earnings per share for the three months ended September 30, 2020 was $0.36, as compared to $0.31 for the same period in the previous year, an increase of 16.1%.
Year-over-year, average loans increased by $27.8 million, or 6.7%, and average securities and other required stock increased by $30.7 million or 20.6%.
Accordingly, we did sell some investment securities in the most recently ended quarter, which led to a gain of $1.34 million.
As of September 30, 2020, United Bancorp, Inc. has total assets of $692.5 million and total shareholder's equity of $66.7 million.

Flowr to Acquire International Cannabis Leader Terrace Global for $63 Million

Retrieved on:

Tuesday, October 20, 2020

Agriculture, Natural Resources, Pharmaceutical, Alternative medicine, Other Retail, Health, Tobacco, Retail, Stock market, Equity securities, Financial economics, Finance, Money, Corporate finance, Shareholder, Share, Common stock, Terrace Global, The Flowr Corporation

Under the terms of the Agreement, holders of Terrace Global common shares will receive 0.4973 of a common share of Flowr (Flowr Shares) for each Terrace Global common share held (Terrace Global Shares).

Key Points:

Under the terms of the Agreement, holders of Terrace Global common shares will receive 0.4973 of a common share of Flowr (Flowr Shares) for each Terrace Global common share held (Terrace Global Shares).
Strengthening Vertically Integrated Global Cannabis Company: Flowr is a leading global cannabis company and market leader with its distinct Flowr brand.
Under the terms of the Transaction, each shareholder of Terrace Global (Terrace Global Shareholder) will receive 0.4973 of a Flowr Share per Terrace Global Share, which implies a price per Terrace Global Share of $0.22 based on the thirty (30) day volume weighted average price (VWAP) of the Flowr Shares and the spot price of Terrace Global Shares on the TSX Venture Exchange (TSXV) as of October 19, 2020.
The Board of Directors of Terrace Global (the Terrace Global Board) unanimously recommends that Terrace Global Shareholders vote in favour of the resolution to approve the Arrangement, which will be the subject of the Terrace Global Special Meeting expected to be held in the fourth quarter of 2020.