Information technology services industry
Psychemedics Corporation, a leading developer and marketer of forensic hair testing systems, has received full forgiveness of its $2,181,157 Paycheck Protection Program (PPP) loan, as communicated by the Small Business Administration (SBA) and Bank of America N.A. on July 15, 2021. The PPP loan, which was applied
Information technology services industry
Brookfield Property REIT Inc. has announced plans to redeem all of its outstanding 6.375% Series A Cumulative Redeemable Preferred Stock (BPYU) for cash on August 19, 2021. The redemption price will be $25.00 per share, plus all accumulated and unpaid dividends, which will equal approximately $0.21250 per
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Mammoth Energy Services, a Delaware-based energy infrastructure company, has recently released information addressing two documents from the Federal Emergency Management Agency (FEMA) related to hurricane repair work performed by its subsidiary, Cobra Acquisitions LLC, in Puerto Rico. The company's work was part of a contract with the Puerto
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At the company's annual meeting held on June 3, 2021, American Eagle Outfitters, Inc. shareholders voted on several key proposals. The meeting was attended remotely, with a total of 155,793,493 shares present in person or by proxy, representing a quorum. The stockholders approved the election of
Information technology services industry
St. Modwen, a FTSE-listed property company, has been sold to private equity group Blackstone for £1.2 million, a 24% premium on its net asset value. The deal, opposed by JO Hambro Capital Management, highlights the complexities of corporate governance. Meanwhile, fintech company Cerebreon has secured investment from two London-based
Information technology services industry
Britain's top betting operators have once again committed to donating all profits from the Britannia Stakes at this year's Royal Ascot to charity. The initiative, led by the Betting and Gaming Council (BGC), involves Flutter Entertainment, bet365, Entain, William Hill, Kindred, BetVictor, Betway, Rank Group, the
Information technology services industry
Huntington Bancshares Incorporated and TCF Financial Corporation have received approval from the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") and the Office of the Comptroller of the Currency, with input from the United States Department of Justice's Antitrust Division (the "
Information technology services industry
Verizon Communications Inc. recently announced its intention to offer senior unsecured notes to the public, with two series of notes available for purchase. The first series, with a principal amount of $100.00%, carries a 2.000% coupon rate, while the second series, with a principal amount of $100.00%
Information technology services industry
The Securities and Exchange Commission (SEC) staff issued a public statement on April 12, 2021, expressing its view that certain terms and conditions common to Special Purpose Acquisition Company (SPAC) warrants may require the warrants to be classified as liabilities on the SPAC's balance sheet as opposed to
Information technology services industry
AAON, Inc. has recently announced two significant developments: the promotion of Christopher D. Eason to Chief Accounting Officer and the declaration of its next regular semi-annual cash dividend. The company's Board of Directors unanimously elected Norman H. Asbjornson, Gary D. Fields, and Angela E. Kouplen to serve as
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Alexion Pharmaceuticals, a Delaware-based biotech company, held its special meeting of stockholders on May 11, 2021, where shareholders overwhelmingly voted to adopt the agreement to be acquired by AstraZeneca PLC. The acquisition, announced earlier in the year, is expected to accelerate the combined company's ability to develop and
Information technology services industry
Cohu, a global leader in back-end semiconductor equipment and services, has announced the divestment of its Printed Circuit Board Test (PCB) business to Mycronic AB, a Swedish high-tech company, for approximately $125 million in cash. The transaction is expected to be completed by the end of June 2021, subject to
