Granite

SI-BONE, Inc. Receives FDA 510(k) Clearance for a Smaller Diameter iFuse Bedrock Granite Implant with an Expanded Indication and Application

Retrieved on: 
Tuesday, January 30, 2024

SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- SI-BONE, Inc., (Nasdaq: SIBN), a Silicon Valley-based medical device company dedicated to solving musculoskeletal disorders of the sacropelvic anatomy, announces FDA 510(k) premarket clearance of the iFuse Bedrock Granite® Implant System (Granite) in a smaller (9.5 mm) diameter with both an expanded indication in pediatric patients and an expanded application that includes use in the S1 trajectory. When placed across the SI joint, the Granite implant provides sacroiliac fusion and sacropelvic fixation as a foundational element for multi-segment spinal fusion.

Key Points: 
  • When placed across the SI joint, the Granite implant provides sacroiliac fusion and sacropelvic fixation as a foundational element for multi-segment spinal fusion.
  • This 510(k) clearance follows the initial clearance of the iFuse Bedrock Granite System in May 2022 that included implants of 10.5 mm and 11.5 mm in diameter.
  • The iFuse Bedrock Granite System was also awarded a Breakthrough Device Designation (BDD) by the Food & Drug Administration (FDA) and a New Technology Add-on Payment (NTAP) by the Centers for Medicare and Medicaid Services (CMS).
  • The addition of a 9.5 mm diameter to the Granite product line now offers surgeons one of the more commonly used sizes to treat these patients.”

Granite Point Mortgage Trust Inc. Announces 2023 Dividend Tax Information

Retrieved on: 
Wednesday, January 31, 2024

As Granite Point's aggregate 2022 cash distributions exceeded its 2022 earnings and profits, the January 2023 cash distribution declared in the fourth quarter of 2022 is treated as a 2023 distribution for federal income tax purposes and was not included on the 2022 Form 1099.

Key Points: 
  • As Granite Point's aggregate 2022 cash distributions exceeded its 2022 earnings and profits, the January 2023 cash distribution declared in the fourth quarter of 2022 is treated as a 2023 distribution for federal income tax purposes and was not included on the 2022 Form 1099.
  • If you were a stockholder of record as of December 30, 2022, the $0.437500 dividend payable on January 17, 2023, is reported on your 2023 Form 1099.
  • As Granite Point's aggregate 2023 cash distributions exceeded its 2023 earnings and profits, the January 2024 cash distribution declared in the fourth quarter of 2023 is treated as a 2024 distribution for federal income tax purposes and is not included on the 2023 Form 1099.
  • The U.S. federal income tax treatment of holding Granite Point common and preferred stock to any particular stockholder will depend on the stockholder’s particular tax circumstances.

Kraus to Unveil New Products and Initiatives at KBIS 2024, Redefining Your Kitchen and Bath Experience

Retrieved on: 
Wednesday, January 31, 2024

PORT WASHINGTON, N.Y., Jan. 31, 2024 /PRNewswire-PRWeb/ -- With nearly two decades of innovation and customer-centric experience, Kraus is set to showcase a range of new products at the Kitchen and Bath Industry Show (KBIS 2024), Feb. 27-29, in Las Vegas, Nevada (Booth #N2037).

Key Points: 
  • PORT WASHINGTON, N.Y., Jan. 31, 2024 /PRNewswire-PRWeb/ -- With nearly two decades of innovation and customer-centric experience, Kraus is set to showcase a range of new products at the Kitchen and Bath Industry Show (KBIS 2024), Feb. 27-29, in Las Vegas, Nevada (Booth #N2037).
  • Kraus is dedicated to elevating the kitchen and bath experience by introducing cutting-edge solutions that prioritize customization and functionality.
  • Visit the Kraus booth for live demos, where experts will showcase how simple these showers are to install and customize.
  • Media representatives interested in scheduling a booth appointment with Kraus personnel at KBIS 2024 can reach out to Katya Palat at [email protected] .

Granite REIT Declares Distribution for January 2024

Retrieved on: 
Wednesday, January 17, 2024

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of January 2024.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of January 2024.
  • The distribution will be paid by Granite on Thursday, February 15, 2024 to stapled unitholders of record at the close of trading on Wednesday, January 31, 2024.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of January 31, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

International Directional Services and Veracio Announce Strategic Partnership to Advance Drilling and Downhole Technologies in North America

Retrieved on: 
Wednesday, December 6, 2023

Veracio is making significant steps toward leveraging advanced geological technologies to enhance the mining lifecycle.

Key Points: 
  • Veracio is making significant steps toward leveraging advanced geological technologies to enhance the mining lifecycle.
  • While IDS and Veracio have an existing relationship, the announcement of this partnership acknowledges the vision both companies share for transforming how the drilling workflow can be enhanced with better data.
  • By combining IDS’s expertise in directional drilling and Veracio’s geological data collection, the partnership will empower IDS and Granite clients to reduce unnecessary drilling costs, mitigate operational errors, minimize waste, and foster sustainable mining practices.
  • As Veracio introduces new products to the market, IDS aims to expand its customer offerings to provide a comprehensive range of cutting-edge solutions.

Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update

Retrieved on: 
Tuesday, December 19, 2023

Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock for the fourth quarter of 2023.

Key Points: 
  • Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock for the fourth quarter of 2023.
  • This dividend is payable on January 16, 2024, to holders of record of common stock at the close of business on December 29, 2023.
  • The Company’s Board of Directors also declared a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2023.
  • This dividend is payable on January 16, 2024, to the holders of record of the Series A Preferred Stock at the close of business on December 29, 2023.

Granite REIT Declares Distribution for December 2023

Retrieved on: 
Monday, December 18, 2023

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of December 2023.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of December 2023.
  • The distribution will be paid by Granite on Tuesday, January 16, 2024 to stapled unitholders of record at the close of trading on Friday, December 29, 2023.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of December 29, 2023, pursuant to United States Treasury Regulation Section 1.1446-4.

Wallbridge Discovers New Area of Gold Mineralization 15 kilometres East of Fenelon

Retrieved on: 
Monday, November 13, 2023

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.

Key Points: 
  • TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.
  • “Our initial drill program on the grassroots Grasset Gold property is a good start in this new, unexplored area,” said Attila Péntek, Wallbridge’s Vice President, Exploration.
  • The Grasset East Flexure target area consists of a large conglomerate-wacke basin (Timiskaming-like) in contact with a thick sequence of mafic volcanic rocks.
  • Originally, the Company intended to complete approximately 5,000 metres of diamond drilling on 11 targets over an area of 4.5 kilometres by 3.5 kilometres (see Wallbridge release dated August 24, 2023).

The Granite Group Announces New Workplace Awards in New Hampshire and Maine

Retrieved on: 
Monday, November 13, 2023

Concord, NH, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Granite Group, a leading supplier of plumbing, heating, cooling, piping, water systems, and energy products in the Northeast, announced today it has garnered new workplace awards from publications in New Hampshire and Maine.

Key Points: 
  • Concord, NH, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Granite Group, a leading supplier of plumbing, heating, cooling, piping, water systems, and energy products in the Northeast, announced today it has garnered new workplace awards from publications in New Hampshire and Maine.
  • The Granite Group was named a 2023 Hall of Fame recipient in Business NH Magazine’s recent “Best Companies To Work For” issue.
  • The company was also named one of the “2023 Best Places to Work in Maine” by Mainebiz Magazine.
  • After this year’s survey was completed, The Granite Group finished in 8th place among the large company winners.

Granite Announces Acquisition of Lehman-Roberts Company and Memphis Stone & Gravel Company

Retrieved on: 
Tuesday, December 5, 2023

Granite Construction Incorporated (NYSE: GVA) today announced the acquisition of Lehman-Roberts Company (“LRC”) and Memphis Stone & Gravel Company (“MSG”), longstanding asphalt paving and asphalt and aggregates producers and suppliers.

Key Points: 
  • Granite Construction Incorporated (NYSE: GVA) today announced the acquisition of Lehman-Roberts Company (“LRC”) and Memphis Stone & Gravel Company (“MSG”), longstanding asphalt paving and asphalt and aggregates producers and suppliers.
  • This acquisition expands Granite’s footprint and creates a new growth platform for Granite in the attractive Memphis metropolitan market.
  • LRC operates seven strategically located asphalt plants serving the greater Memphis area and northern Mississippi.
  • "We are very excited to complete this acquisition of an outstanding materials-led business that expands our footprint in the Southeast.