Diversification

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."

Medalist Diversified REIT, Inc. Reports First Quarter 2022 Results

Retrieved on: 
Tuesday, May 10, 2022

In addition, the Company released supplemental financial information about its first quarter financial results.

Key Points: 
  • In addition, the Company released supplemental financial information about its first quarter financial results.
  • Net operating income increased 26% to $1.88 million, up from $1.49 million for the same quarter in 2021.
  • Adjusted funds from operations (AFFO) was $217,023, up from ($82,534) in the prior year quarter.
  • Our first quarter results demonstrate the full impact of our 2021 acquisitions, stated Thomas E. Messier, Chairman and Chief Executive Officer of the Company.

Seafood Expo Global/Seafood Processing Global opens today in Barcelona with the most innovative and exciting launches in the seafood sector

Retrieved on: 
Thursday, April 28, 2022

BARCELONA, Spain, April 28, 2022 /PRNewswire-PRWeb/ -- The world's largest seafood trade event, Seafood Expo Global/Seafood Processing Global, organized by Diversified Communications, is back in-person and for the first time is taking place in Barcelona, Spain. Until 28 April, the Expo will feature seafood, equipment and service companies offering the latest innovations in the seafood sector.

Key Points: 
  • Until 28 April, the Expo will feature seafood, equipment and service companies offering the latest innovations in the seafood sector.
  • Tonight, the event will host its prestigious annual Seafood Excellence Global Awards, which recognizes the best seafood products of the year presented at the expo.
  • Seafood Expo Global and Seafood Processing Global form the world's largest seafood trade event.
  • The company's global seafood portfolio of expositions and media includes Seafood Expo North America/Seafood Processing North America, Seafood Expo Global/Seafood Processing Global, Seafood Expo Asia and SeafoodSource.com.

Pro AV Market to register a growth of USD 90.51 billion |Increased use of Digital Signage is a key driver | Technavio

Retrieved on: 
Wednesday, April 20, 2022

Established vendors of pro AV equipment can train users on using pro AV equipment.

Key Points: 
  • Established vendors of pro AV equipment can train users on using pro AV equipment.
  • The rising popularity of one-on-one learning programs, along with the rise in popularity of homeschooling, will have a negative impact on the growth of the global pro AV market.
  • View a report sample for extensive insights on key market Drivers, Trends, and Challenges influencing the Pro AV market.
  • The Pro AV market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

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

Retrieved on: 
Tuesday, April 5, 2022

The Q1 2022 Dividend will be payable in cash on April 21, 2022 to holders of record of the Common Stock as of April 18, 2022.

Key Points: 
  • The Q1 2022 Dividend will be payable in cash on April 21, 2022 to holders of record of the Common Stock as of April 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: 
Wednesday, April 6, 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 1st quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.5000 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 1st quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.5000 per share (the "Series A Dividend").
  • The Series A Dividend will be payable in cash on April 21, 2022 to holders of record of the Common Stock as of April 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, Inc. Reports Fourth Quarter and Full Year 2021 Results

Retrieved on: 
Tuesday, March 15, 2022

Three months ended December 31, 2021 (unaudited)

Key Points: 
  • Three months ended December 31, 2021 (unaudited)
    Total revenues were $2.78 million for fourth quarter 2021, representing a 16% increase over revenues for fourth quarter 2020.
  • Net operating income was $1,793,408 in the fourth quarter of 2021, an increase of 58% over the fourth quarter of 2020.
  • Funds from operations (FFO) was $613,240 for the fourth quarter of 2021, up from ($148,972) in the fourth quarter of 2020.
  • Adjusted funds from operations (AFFO) for the fourth quarter of 2021 was $419,619, an increase of $554,652 over the fourth quarter of 2020.

Fred D'Alessandro Transitions to New Role at Diversified, Names Successor

Retrieved on: 
Wednesday, March 9, 2022

Along with this announcement, the company shares that Eric Hutto will be its new Chief Executive Officer.

Key Points: 
  • Along with this announcement, the company shares that Eric Hutto will be its new Chief Executive Officer.
  • "We have experienced tremendous growth and I am really excited to transition into this new role as Executive Chairman.
  • Even though I am not going anywhere any time soon, I know the company is in good hands with Eric.
  • "As I step into this role, I can't wait to dive in and take on the challenge of helping further our growth and capabilities.

Clovity's Focus on Public & Private Healthcare Clients Leads to Major Wins & Extensive Growth For The Company in the Mountain & Mid-West Healthcare Market for 2022

Retrieved on: 
Tuesday, March 8, 2022

As many of the clients are just recently engaged and with a few major wins already within a short time, Clovity's leadership has lofty goals for this fiscal year in this sector.

Key Points: 
  • As many of the clients are just recently engaged and with a few major wins already within a short time, Clovity's leadership has lofty goals for this fiscal year in this sector.
  • The push in this space is being led by one of Clovity's Directors of Client Management, Eric Stoller.
  • The Michigan native has been leading up IT projects and sourcing for these major entities with massive initial success and much further growth opportunities.
  • We are a supplier to the Federal Government, numerous Public sector organizations and Fortune to high growth technology companies.