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Businesswire News Releases

Jun 17, 2021 20:04 ET
Family of Former Camas Paper Mill Worker Receives Record $16.67 Million Verdict in Mesothelioma Case Against Scapa Waycross, According to Schroeter Goldmark & Bender
A King County Superior Court jury recently returned a record-setting $16.67 million verdict in favor of the family of Kevan Holdsworth, who in 2019 died of mesothelioma caused in part by exposure to asbestos from products sold by Scapa Waycross Inc. The verdict against Scapa, rendered on Tuesday, June 15, 2021, is the largest verdict in an asbestos case tried in King County and the second largest in the state....
Jun 17, 2021 19:43 ET
Save the Date! Community Hearing on Homelessness, Housing and Hunger in Los Angeles - Friday, June 25 - DTLA
Housing Is A Human Right (HHR) and key state and local legislators will host a “Community Hearing on Homelessness, Housing and Hunger” on Friday, June 25th in Downtown Los Angeles. The hearings will include 3 panel discussions with public testimony (‘Hunger’ at 11:00 a.m., ‘Housing’ at 1:30 p.m. and ‘Homelessness’ at 3:00 p.m.) to explore root cau...
Jun 17, 2021 19:34 ET
CAI International, Inc. Enters into Definitive Agreement to be Acquired by Mitsubishi HC Capital Inc.
CAI International, Inc. (NYSE: CAI) (“CAI” or the “Company”), one of the world’s leading transportation finance companies, announced today that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. (“MHC”). Under the terms of the merger agreement with MHC (the “Merger Agreement”), MHC will acquire all of CAI’s outstanding and fully diluted common stock in an all-cash transaction for $56.00 per share, which represents a total equity value of approximately $1.1 billion, consisting of $104 million (par value) of preferred stock and $986 million of common stock eq...
Jun 17, 2021 19:17 ET
Largo Resources Announces Results of Its Annual and Special Meeting of Shareholders
Largo Resources Ltd. ("Largo" or the "Company") (TSX:LGO) (NASDAQ:LGO) announces voting results from its Annual and Special Meeting of Shareholders (the “Meeting”) held on Thursday, June 17, 2021....
Jun 17, 2021 19:15 ET
Cyteir Therapeutics Announces Pricing of Initial Public Offering
Cyteir Therapeutics, Inc. (“Cyteir”) (Nasdaq: CYT), a company focused on the discovery and development of next-generation synthetically lethal therapies for cancer, today announced the pricing of its initial public offering of 7,400,000 shares of its common stock at an initial public offering price of $18.00 per share. All of the shares are being offered by Cyteir. In addition, Cyteir has granted the underwriters a 30-day option to purchase up to an additional 1,110,000 shares of common stock at the initial public offering price, less the underwriting discounts and commissions. The shares are ...
Jun 17, 2021 18:48 ET
Spartan Acquisition Corp. II Announces Effectiveness of Registration Statement for Proposed Business Combination with Sunlight Financial
Spartan Acquisition Corp. II, a publicly traded special purpose acquisition company (“Spartan” or the “Company”) (NYSE: SPRQ), announced today that its registration statement on Form S-4 (File No. 333-254589) (as amended, the “Registration Statement”), relating to the previously announced business combination (the “Business Combination”) with Sunlight Financial LLC (“Sunlight” or “Sunlight Financial”), has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”) and that it will commence mailing of the definitive proxy statement/prospectus relating to the Special Meet...
Jun 17, 2021 18:30 ET
Eisai and Bristol Myers Squibb Enter Into Global Strategic Collaboration for Eisai’s MORAb-202 Antibody Drug Conjugate
Eisai Co., Ltd. and Bristol-Myers Squibb Company (NYSE: BMY) announced today that the co...
Jun 17, 2021 18:30 ET
ROSEN, GLOBALLY RESPECTED INVESTOR COUNSEL, Encourages Washington Prime Group Inc. Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – WPG
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Washington Prime Group Inc. (NYSE: WPG) between November 5, 2020 and March 4, 2021, inclusive (the “Class Period”), of the important July 23, 2021 lead plaintiff deadline....
Jun 17, 2021 18:14 ET
ADEA Applauds Senate Bill to Permanently Allow Qualified Students to Vaccinate
The American Dental Education Association (ADEA) is hailing the introduction of a bill that would permanently allow qualified health professions students to administer vaccines during federally declared public health emergencies....
Jun 17, 2021 18:11 ET
CHLA Applauds Governor’s Solution for Employee Mask-Wearing
On behalf of California’s more than 6,000 hotels and 235,000 hotel employees, the California Hotel and Lodging Association released this statement in response to Gov. Newsom’s order aligning employee mask-wearing regulations today:...
Jun 17, 2021 17:46 ET
KBRA Assigns Rating to Golub Capital Partners ABS Funding 2019-1, L.P. In Connection with Refinancing
Kroll Bond Rating Agency (KBRA) assigns rating to one class of notes issued by Golub Capital Partners ABS Funding 2019-1, L.P. (GCPAF 2019-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. GCPAF 2019-1 is being amended to refinance to the existing notes, issue new notes to upsize the transaction, and extend key transaction dates....
Jun 17, 2021 17:39 ET
Xos Highlights How its Flex Manufacturing Strategy is More Cost and Time Efficient
Xos, Inc., a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles ("Xos" or the "Company") that recently announced a planned business combination with NextGen Acquisition Corporation (NASDAQ: NGAC) (“NextGen”), highlighted how its flex manufacturing strategy, factory management systems and line design will reduce costs, development time and footprint across all stages of the manufacturing process....
Jun 17, 2021 17:36 ET
Birks Group Reports Its Fiscal 2021 Results
Birks Group Inc. (the “Company” or “Birks Group”) (NYSE American: BGI), today reported its financial results for the fiscal year ended March 27, 2021....
Jun 17, 2021 17:30 ET
Granite Awarded $44 Million Corridor Improvement Project in Reno
Granite (NYSE:GVA) announced that it has been awarded the contract for the Oddie Boulevard/Wells Avenue Corridor Project by the Regional Transportation Commission of Washoe County (RTC) in Reno, Nevada. The project will introduce multi-modal transportation to a 3.2-mile-long corridor from Reno to Sparks. This award is one of several large projects in the Reno area in recent years, and further strengthens Granite’s working relationship with the RTC. The approximately $44 million project is anticipated to be included in Granite’s second quarter backlog....
Jun 17, 2021 17:28 ET
Notice of Dismissal of SMTC Corporation Litigation and Agreement Upon Attorneys’ Fees
Notice is hereby provided to all persons who held shares of SMTC Corporation (“SMTC” or the “Company”) common stock in the period from and including January 3, 2021 through April 5, 2021....
Jun 17, 2021 17:25 ET
Inland Bank and Trust Partners with Leading Global Advisory Firm Chatham Financial
Inland Bank and Trust (“Inland Bank”) recently partnered with leading global advisory and technology firm Chatham Financial (“Chatham”). Chatham is the largest independent financial risk management firm in the United States with extensive expertise in the debt and derivatives markets....
Jun 17, 2021 17:19 ET
AM Best Places Credit Ratings of Best Meridian Insurance Company and Best Meridian International Insurance Company SPC Under Review With Negative Implications
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Best Meridian Insurance Company (BMIC) (Miami, FL) and Best Meridian International Insurance Company (BMIIC) (Grand Cayman, Cayman Islands)....
Jun 17, 2021 17:16 ET
The St. Joe Company Announces Additional Homesite Sales, New Home Builders and Future Planned Phases at Its Workforce Housing Communities in Bay County, Florida
The St. Joe Company (NYSE: JOE) (“St. Joe”) announces additional homesite sales, new home builders and future planned phases at its workforce housing communities in Bay County, Florida. St. Joe broke ground on the single-family home communities of College Station, Titus Park and Park Place in 2019 in response to the housing shortage created by Hurricane Michael. Each of the communities began welcoming residents in 2020. Interest from potential home buyers and home builders remains high as the region sees an influx in new residents....
Jun 17, 2021 17:15 ET
ServiceSource to Participate in the Sidoti Virtual Investor Conference
ServiceSource International, Inc. (NASDAQ: SREV), the customer journey experience company, today announced that it will participate in the
Jun 17, 2021 17:05 ET
Julie Caperton Named Head of Wells Fargo Private Bank for Wells Fargo Wealth & Investment Management (WIM)
Wells Fargo & Company (NYSE: WFC) today announced Julie Caperton as head of Wells Fargo Private Bank, a division of Wealth & Investment Management (WIM). This is in addition to Caperton’s current role as head of the Banking, Lending & Trust Center of Excellence for WIM. Caperton will continue to report to Barry Sommers, head of WIM....