Diversification

Flowserve to Host Second Annual Destination Innovation Virtual Event

Retrieved on: 
Tuesday, July 12, 2022

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it will host Destination Innovation 2022, its second annual virtual expo, with three dates to maximize engagement with global attendees.

Key Points: 
  • Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced it will host Destination Innovation 2022, its second annual virtual expo, with three dates to maximize engagement with global attendees.
  • Attendees can personalize their conference experience for the free, four-hour virtual event by selecting which featured talks, breakout sessions and discussions matter most to them.
  • This free event will have live talks and on-demand sessions that are accessible via desktop, mobile and tablet devices.
  • For more information on the expo, visit https://www.flowserve.com/en/about-flowserve/events/conferences/destinat...
    About Flowserve: Flowserve Corp. is one of the worlds leading providers of fluid motion and control products and services.

EUCAST Global & Clovity Form a Strategic Partnership to Deliver the First Ever 'IoT Private Network in a Box'

Retrieved on: 
Thursday, July 7, 2022

SAN FRANCISCO, July 7, 2022 /PRNewswire-PRWeb/ -- San Francisco Bay Area based Clovity has partnered with Colorado based company EUCAST Global in a strategic move that will align the private network capabilities of EUCAST and their steadfast, reliable and low latency 5G/CBRS radio base stations with Clovity's highly capable IoT software platform. The end result is an 'IoT network in a box'. A fully deployable private network capability coupled with the software that can bring forward smart devices and aggregated data that is truly at the edge of a network.

Key Points: 
  • A fully deployable private network capability coupled with the software that can bring forward smart devices and aggregated data that is truly at the edge of a network.
  • The EUCAST and Clovity partnership seeks to capitalize on this and begin to revolutionize an already disruptive industry.
  • EUCAST provides end-to-end advanced wireless access solutions, comprised of base stations, control servers and gateway, core network, network management systems, and user devices.
  • For more information or to schedule an interview with a EUCAST spokesperson, contact Dan Rene at 202-329-8357 or [email protected] .

Medalist Diversified REIT Announces First Half 2022 Leasing Activity

Retrieved on: 
Wednesday, July 6, 2022

During the first six months of 2022, Medalist has seen significant leasing activity in its retail and flex center property portfolio.

Key Points: 
  • During the first six months of 2022, Medalist has seen significant leasing activity in its retail and flex center property portfolio.
  • This leasing activity brings the occupancy of Medalists properties (excluding the recently acquired Salisbury Marketplace property) to 97.1 percent, compared to a 94.0 percent occupancy rate as of March 31, 2022.
  • The first half leasing activity brings the occupancy of the Greenbrier Business Center to 85.0 percent (from 76.6 percent as of March 31, 2022) and Franklin Square to 93.2 percent (from 81.2 percent as of March 31, 2022).
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.02 Per Share on Its Common Stock

Retrieved on: 
Monday, June 27, 2022

The Q2 2022 dividend will be payable in cash on July 21, 2022 to holders of record of the Common Stock as of July 18, 2022.

Key Points: 
  • The Q2 2022 dividend will be payable in cash on July 21, 2022 to holders of record of the Common Stock as of July 18, 2022.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
  • The Companys strategy is to focus on value-add and opportunistic commercial real estate which is expected to provide an attractive balance of risk and returns.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.

Medalist Diversified REIT, Inc. Announces Series A Preferred Stock Cash Dividend

Retrieved on: 
Monday, June 27, 2022

Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.50 per share (the "Series A Dividend").

Key Points: 
  • Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.50 per share (the "Series A Dividend").
  • The Series A Dividend will be payable in cash on July 21, 2022 to holders of record of the Series A Preferred Stock as of July 18, 2022.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.

Medalist Diversified REIT Announces the Purchase of Salisbury Marketplace and the Completion of a Financing Transaction With Wells Fargo Bank

Retrieved on: 
Monday, June 13, 2022

The Company invested approximately $3.3 million of cash in Salisbury Marketplace, which is anchored by Food Lion, CitiTrends and Family Dollar.

Key Points: 
  • The Company invested approximately $3.3 million of cash in Salisbury Marketplace, which is anchored by Food Lion, CitiTrends and Family Dollar.
  • The financing transaction also includes a $1.5 million line of credit which the Company plans to use to fund future acquisitions.
  • The acquisition of Salisbury Marketplace will immediately contribute to the Companys cash flow while our new relationship with Wells Fargo establishes an excellent foundation for our continued growth.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.

AllPoints Expands Mavrik™ Parts Inventory in Response to Growing Supply Chain Concerns

Retrieved on: 
Friday, June 10, 2022

AllPoints, a global foodservice parts and supplies provider, has recently expanded parts inventory of OEM-equivalent brand Mavrik to shore up supplies and reduce the likelihood of delays post-pandemic.

Key Points: 
  • AllPoints, a global foodservice parts and supplies provider, has recently expanded parts inventory of OEM-equivalent brand Mavrik to shore up supplies and reduce the likelihood of delays post-pandemic.
  • Were staying ahead of the curve by the recent increase in our Mavrik inventory by 24% to meet the growing demand of our customers, said Tom Pendrey, president of AllPoints.
  • AllPoints is committed to providing the parts you need, when you need them, especially in light of the many supply chain issues impacting the industry.
  • AllPoints is a global foodservice parts and supplies provider focused on helping service agents, dealers and parts resellers maximize their profits.

Pro AV Market Size to Grow by USD 90.51 billion | Increased Use of Digital Signage to Drive Growth | Technavio

Retrieved on: 
Wednesday, June 8, 2022

The increased use of digital signage is driving the growth of the Pro AV market.

Key Points: 
  • The increased use of digital signage is driving the growth of the Pro AV market.
  • The retail industry is witnessing an intensive adoption of digital signage systems to influence the buying behavior of the target audience.
  • The extensive use of digital signage will drive the demand for Pro AV products and services.
  • The Pro AV market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

SVB Private Appoints Jon Kropf as Head of Advisor Business Development

Retrieved on: 
Tuesday, May 17, 2022

SANTA CLARA, Calif., May 17, 2022 /PRNewswire/ --SVB Private, a leading provider of private banking, wealth planning and trust services for the innovation economy, today announced that Jon Kropf has joined as Head of Advisor Business Development.

Key Points: 
  • SANTA CLARA, Calif., May 17, 2022 /PRNewswire/ --SVB Private, a leading provider of private banking, wealth planning and trust services for the innovation economy, today announced that Jon Kropf has joined as Head of Advisor Business Development.
  • Jon's leadership will be critical to expand our advisor workforce to meet this growth," said John Longley, Head of Private Bank, Wealth & Trust at SVB Private.
  • With clients representing some of the most innovative companies in the world, SVB Private presents a compelling opportunity for advisors who share that same entrepreneurial spirit," said Jon Kropf, Head of Advisor Business Development at SVB Private.
  • SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license.

Diversified Energy Acquires Additional Asset Retirement Company

Retrieved on: 
Monday, May 16, 2022

BIRMINGHAM, Ala., May 16, 2022 /PRNewswire/ -- Diversified Energy Company PLC (LSE: DEC) ("Diversified" or "the Company") acquired privately held Nick's Well Plugging LLC ("NWP"), further expanding its internal well-retirement capacity.

Key Points: 
  • BIRMINGHAM, Ala., May 16, 2022 /PRNewswire/ -- Diversified Energy Company PLC (LSE: DEC) ("Diversified" or "the Company") acquired privately held Nick's Well Plugging LLC ("NWP"), further expanding its internal well-retirement capacity.
  • As part of the acquisition, Jason and Tammy joined Diversified's existing well retirement subsidiary, Next LVL Energy.
  • Asset retirement is an integral part of our business, and this acquisition strengthens our ability to safely and efficiently retire wells.
  • This acquisition is a win-win for Diversified, its stakeholders, the environment and communities in the states in need of increased retirement activities."