Analysis

Suncor accelerates increased returns to shareholders

Retrieved on: 
Wednesday, October 27, 2021
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CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Given the strength of the company and confidence in the execution of Suncor Energy’s strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to 2019 levels. The reinstatement to $0.42 per common share from $0.21 per share is a 100% increase in the quarterly dividend, commencing with the dividend payable on December 24, 2021 to shareholders of record at the close of business on December 3, 2021. The dividend increase is enabled through disciplined capital spending and allocation, as well as progress in generating an incremental $2 billion of free funds flow by 2025.

Key Points: 
  • CALGARY, Alberta, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Given the strength of the company and confidence in the execution of Suncor Energys strategic plans, the Board of Directors has approved the acceleration of increased returns to shareholders by the reinstatement of the dividend to 2019 levels.
  • As outlined on Investor Day, this annual free funds flow increase for 2021 is being achieved through increased revenue and margin, and increased productivity on tailings asset retirement spend.
  • This dividend increase demonstrates Suncor Energys Board of Directors and Executive Management teams commitment to increasing the return of capital to shareholders and accelerating performance relative to our plan.
  • For more information about Suncor, visit our web site at suncor.com , follow us on Twitter @Suncor

Methanex Reports Strong Third Quarter 2021 Results and Meaningful Cash Flow Generation With a Robust Outlook For the Fourth Quarter

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Wednesday, October 27, 2021
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Geismar produced 478,000 tonnes during the third quarter of 2021 compared to 484,000 tonnes during the second quarter of 2021.

Key Points: 
  • Geismar produced 478,000 tonnes during the third quarter of 2021 compared to 484,000 tonnes during the second quarter of 2021.
  • Trinidad produced 296,000 tonnes (Methanex interest) during the third quarter of 2021 compared with 294,000 tonnes in the second quarter of 2021.
  • Chile produced 124,000 tonnes during the third quarter of 2021 compared to 128,000 tonnes during the second quarter of 2021.
  • Egypt produced 310,000 tonnes (Methanex interest - 155,000 tonnes) in the third quarter of 2021 compared to 268,000 tonnes (Methanex interest - 134,000 tonnes) in the second quarter of 2021.

Checkmate Pharmaceuticals Announces CEO Transition

Retrieved on: 
Wednesday, October 27, 2021
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CAMBRIDGE, Mass., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Checkmate Pharmaceuticals, Inc. (Nasdaq: CMPI) (Checkmate), a clinical stage biopharmaceutical company focused on developing its proprietary technology to harness the power of the immune system to combat cancer, today announced that Alan Fuhrman has been appointed as interim President and CEO.

Key Points: 
  • CAMBRIDGE, Mass., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Checkmate Pharmaceuticals, Inc. (Nasdaq: CMPI) (Checkmate), a clinical stage biopharmaceutical company focused on developing its proprietary technology to harness the power of the immune system to combat cancer, today announced that Alan Fuhrman has been appointed as interim President and CEO.
  • Mr. Fuhrman succeeds Barry Labinger, who has transitioned from his roles as President and CEO and Director.
  • Checkmate Pharmaceuticals is a clinical stage biotechnology company focused on developing its proprietary technology to harness the power of the immune system to combat cancer.
  • The information that Checkmate Pharmaceuticals posts on these channels and websites could be deemed to be material information.

Valaris Provides Quarterly Fleet Status Report

Retrieved on: 
Wednesday, October 27, 2021
Oil, Gas, Energy, Safety, Financial condition report, Securities Act of 1933, Technology, Contract, Industry, Annual report, Analysis, Limited, Security (finance), Result, Bermuda, NYSE, Part Two, Forward-looking statement, Phrase, COVID-19, Investor relations, Public health, COVID-19 pandemic in Bermuda, Securities Exchange Act of 1934, Risk management

Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a quarterly Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets.

Key Points: 
  • Valaris Limited (NYSE: VAL) (Valaris or the Company) today issued a quarterly Fleet Status Report that provides the current status of the Companys fleet of offshore drilling rigs along with certain contract information for these assets.
  • The Fleet Status Report can be found on the Investors section of the Companys website www.valaris.com .
  • Valaris Limited (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

Compass Minerals Announces Senior Management Team Changes

Retrieved on: 
Wednesday, October 27, 2021
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Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced several changes to its senior management team to enable support of the companys long-term strategic growth.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced several changes to its senior management team to enable support of the companys long-term strategic growth.
  • At Compass Minerals, Crenshaw will be responsible for all aspects of financial management, including accounting, reporting, tax, internal audit, treasury, financial planning and analysis, and investor relations.
  • I look forward to Lorin joining our team at this exciting time for Compass Minerals.
  • Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve natures challenges for customers and communities.

Innoviva Reports Third Quarter 2021 Financial Results

Retrieved on: 
Wednesday, October 27, 2021
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Innoviva, Inc. (NASDAQ: INVA) (Innoviva and the Company) today reported financial results for the third quarter ended September 30, 2021.

Key Points: 
  • Innoviva, Inc. (NASDAQ: INVA) (Innoviva and the Company) today reported financial results for the third quarter ended September 30, 2021.
  • Increase in fair values of strategic equity and long term investments of $33.6 million in the third quarter of 2021 was mainly due to higher net valuation as of September 30, 2021.
  • ANORO ELLIPTA global net sales decreased by 2% in the third quarter of 2021 due to pandemic-driven LABA/LAMA class weakness.
  • TRELEGY ELLIPTA global net sales increased 77% in the third quarter of 2021, driven by excellent U.S. growth for the triple therapy class and favorable prior period adjustment.

Dorian LPG Ltd. Provides Update for Second Quarter 2022 and Announces Second Quarter 2022 Earnings and Conference Call Date

Retrieved on: 
Wednesday, October 27, 2021
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Based on the midpoint of the preliminary projection for the second quarter ended September 30, 2021 included herein.

Key Points: 
  • Based on the midpoint of the preliminary projection for the second quarter ended September 30, 2021 included herein.
  • The Company does not assume any obligation to update the information contained in this press release.
  • Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs.
  • Dorian LPG has offices inStamford, Connecticut, USA;London, United Kingdom; Copenhagen, Denmark; and Athens,Greece.

Peoples Financial Corporation Reports Results For The Third Quarter Of 2021

Retrieved on: 
Wednesday, October 27, 2021
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BILOXI, Miss., Oct. 27, 2021 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank, announced earnings for the third quarter ending September 30, 2021.

Key Points: 
  • BILOXI, Miss., Oct. 27, 2021 /PRNewswire/ -- Peoples Financial Corporation (the "Company")(OTCQX Best Market: PFBX), parent of The Peoples Bank, announced earnings for the third quarter ending September 30, 2021.
  • Net income for the third quarter of 2021 was $1,107,000 compared to a net loss of $4,262,000 for the third quarter of 2020.
  • The earnings per weighted average common share for the third quarter of 2021 were $0.23 compared to loss per weighted average common share of $0.87 for the third quarter of 2020.
  • The Company recorded a recovery of previously charged-off principal on this same credit during the first quarter of 2021.

WWE® and FOX Entertainment and Bento Box Entertainment’s Blockchain Creative Labs to Launch NFT Marketplace for Digital WWE Collectibles

Retrieved on: 
Wednesday, October 27, 2021
Wrestling, Sports, Finance, Entertainment, Professional Services, Events, Concerts, Other Entertainment, General Entertainment, Licensing (Entertainment), Ethereum, Sport, NFT, IP, Partnership, Fox Entertainment Group, Fox Sports, Bento, Result, Stephanie McMahon, Sony India, WWE Superstars, COVID-19, Fox Corporation, Accident, FOX, BCL, Traumatic brain injury, Private Securities Litigation Reform Act, Travel, Creative Technology, Analysis, Non-fungible token, WWE Network, BT Sport, Company, Solution, Intellectual property, Book, Financial condition report, Ecosystem, NBCUniversal, Perception, NYSE, Television, Risk, Conversation, Blockchain, CEO, Bento Box Entertainment, Sale, Emmy Awards, Board of directors, Form 10-Q, Technology, Entrepreneurship, Catalog, Vincent, SummerSlam, Annual report, Music, WrestleMania, Forward-looking statement, Computer, Injury, Form 10-K, Cryptocurrency

“Blockchain Creative Labs is excited to partner with WWE in launching its official NFT ecosystem. We know WWE’s passionate fan community will love owning authentic digital goods across the organization’s creative universe -- from past and present stars to classic, culture-defining moments,” said Scott Greenberg, CEO of Blockchain Creative Labs and Co-Founder/CEO of Bento Box Entertainment. “Our NFT studio is all about enabling fans to own NFTs and tokens that carry utility and social clout directly from the creators and brands they are passionate about, spanning animation, sports, shows and movies to music, books, art, pop culture and every other Web3-powered media asset you can possibly imagine.”

Key Points: 
  • WWE (NYSE: WWE) and Blockchain Creative Labs, the new non-fungible token (NFT) business and creative studio formed by FOX Entertainment and Bento Box Entertainment, today announced an exclusive multi-year agreement to launch an NFT marketplace for licensed digital WWE tokens and collectibles.
  • Blockchain Creative Labs is excited to partner with WWE in launching its official NFT ecosystem.
  • Earlier this year, FOX Entertainment and Bento Box Entertainment entered the NFT business with the formation of Blockchain Creative Labs and a $100 million creator fund to identify growth opportunities in the space.
  • BCL also manages a $100 million creator fund, established by FOX Entertainment and Bento Box, which identifies growth opportunities in the NFT space.

Velodyne Lidar Responds to Latest Falsehoods from David and Marta Thoma Hall

Retrieved on: 
Wednesday, October 27, 2021
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David Hall and Marta Hall have engaged in an ongoing campaign of misstatement, obfuscation and obstruction, with the purpose of promoting their own interests at the expense of Velodyne and its public stockholders.

Key Points: 
  • David Hall and Marta Hall have engaged in an ongoing campaign of misstatement, obfuscation and obstruction, with the purpose of promoting their own interests at the expense of Velodyne and its public stockholders.
  • As a result of that investigation, the Audit Committee and the Board concluded that both David Hall and Marta Hall failed to operate with respect, honesty, integrity, and candor toward the Companys officers and directors.
  • Velodyne has been forced to pursue arbitration against David Hall for his misappropriation of approximately 300,000 Velodyne files containing confidential, proprietary, and trade secret information which he downloaded to over 70 devices.
  • Velodyne Lidar (Nasdaq: VLDR, VLDRW) ushered in a new era of autonomous technology with the invention of real-time surround view lidar sensors.