Market Newsdesk

Amkor Declares Quarterly Dividend

TEMPE, Ariz.–(BUSINESS WIRE)–
Amkor Technology, Inc. (Nasdaq: AMKR), a leading provider of semiconductor packaging and test services, today announced that its Board of Directors has approved a quarterly cash dividend of $0.04 per share on the company’s common stock. The dividend will be payable on September 30, 2021 to stockholders of record on September 7, 2021.

About Amkor Technology, Inc.

Amkor Technology, Inc. is one of the world’s largest providers of outsourced semiconductor packaging and test services. Founded in 1968, Amkor pioneered the outsourcing of IC packaging and test and is now a strategic manufacturing partner for the world’s leading semiconductor companies, foundries and electronics OEMs. Amkor’s operational base includes production facilities, product development centers, and sales and support offices located in key electronics manufacturing regions in Asia, Europe and the USA. For more information, visit www.amkor.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005870/en/

Amkor Contact

Jennifer Jue

Senior Director, Investor Relations and Finance

480-786-7594

[email protected]

KEYWORDS: United States North America Arizona

INDUSTRY KEYWORDS: Technology Hardware Semiconductor Consumer Electronics

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NOV Announces Third Quarter 2021 Earnings Conference Call

HOUSTON–(BUSINESS WIRE)–
NOV Inc. (NYSE: NOV) will hold a conference call to discuss its third quarter 2021 results on Wednesday, October 27, 2021 at 10 a.m. (Central Time). NOV will issue a press release with the Company’s results after the market closes for trading on Tuesday, October 26, 2021. The call will be webcast live on www.nov.com/investors.

About NOV

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV’s deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

Visit www.nov.com for more information.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005844/en/

Blake McCarthy

Vice President, Corporate Development and Investor Relations

(713) 815-3535

[email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Alternative Energy Energy Oil/Gas

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Institutional Property Advisors Brokers Two-Property $275 Million Multifamily Portfolio Sale Along the Southern California Coast

HERMOSA BEACH, Calif.–(BUSINESS WIRE)–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two adjacent multifamily assets located two blocks from the beach in Hermosa Beach, California. The assets are 285-unit Playa Pacifica and 169-unit The Gallery, which sold for $162.5 million and $112.5 million respectively.

“The sale represents the acquisition of 24% of the entire apartment stock in Hermosa Beach and nearly 70% of the like-kind apartment stock in Hermosa Beach and Manhattan Beach,” said Kevin Green, IPA senior managing director. “The purchase gives the buyer a sizable footprint in a coastal location, a compelling value-add opportunity and the ability to operate the properties as a single entity,” added Greg Harris, IPA executive managing director.

Green, Harris and Joseph Grabiec, IPA senior managing director, represented the seller, an institutional investor, and procured the buyer, Prime Residential. “Hermosa Beach is one of the most affluent communities on the West Coast, and there have been no institutional-sized multifamily properties built here in the last 50 years,” Grabiec added. “The average annual household income in Hermosa Beach is over $190,000 and more than 55% of the population lives in renter-occupied housing, which creates compelling demand for apartment homes.” The properties were previously sold by the IPA team to the seller in 2006 for $133 million.

Located under a mile from the famous Hermosa Beach Pier, the properties’ location gives residents access to some of the world’s largest technology, entertainment, aerospace and defense companies in the South Bay and Silicon Beach. Popular neighborhood attractions include The Strand, Greenbelt Park, beachfront nightlife, restaurants, live music, high-end boutique retailers, and a coastline famous for surfing, volleyball, and sunsets.

Playa Pacifica was built in 1972 on four acres and partially renovated in 2015 and 2016. The unit mix has eight floor plans of studio and one- and two-bedroom layouts. The average apartment size is 590 square feet. Renovated units have stainless steel appliances, quartz countertops, and in-home washer and dryers. Community amenities include two solar-heated swimming pools, a fitness center, business center and clubhouse, spa, and an outdoor lounge with a barbecue area.

Constructed in 1971 and partially renovated in 2003 and 2004, The Gallery is located on two acres. It has four floorplans across a mix of studios, one-bedroom, one-bedroom-plus-loft, and two-bedroom layouts. Units have hardwood flooring, granite countertops, walk-in closets, and crown moldings. The average unit size is 831 square feet. Community amenities include a gated entrance, reserved covering parking, a swimming pool, fitness center, spa, and sauna.

About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com

About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005408/en/

Gina Relva, VP of Public Relations

[email protected]

510-999-1284

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Residential Building & Real Estate Commercial Building & Real Estate Construction & Property

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Casey’s Announces Timing of First Quarter Earnings Release and Conference Call

ANKENY, Iowa–(BUSINESS WIRE)–
Casey’s General Stores, Inc. (“Casey’s” or the “Company”) (Nasdaq: CASY), one of the leading convenience store chains in the United States, will issue first quarter fiscal 2022 results after the market closes on September 7^th, 2021. Casey’s will hold a conference call and webcast on Wednesday, September 8^th at 7:30am central to review the quarterly results.

A live webcast of the event will be available on Casey’s website on the Investor Relations page at https://investor.caseys.com/events-and-presentations/default.aspx. For those unable to listen to the live broadcast, an audio replay will be available on Casey’s for twelve months.

About Casey’s General Stores

Casey’s is a Fortune 500 company (NASDAQ: CASY) operating over 2,300 convenience stores. Founded more than 50 years ago, the company has grown to become the third-largest convenience store retailer and the fifth-largest pizza chain in the United States. Casey’s provides freshly prepared foods, quality fuel and friendly service at its locations. Guests can enjoy pizza, donuts, other assorted bakery items, and a wide selection of beverages and snacks. Learn more and order online at www.caseys.com, or in the mobile app.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005799/en/

Investor Relations Contact:

Brian Johnson (515) 965-6587

[email protected]

Media Relations Contact:

Katie Petru (515) 446-6772

[email protected]

KEYWORDS: United States North America Iowa

INDUSTRY KEYWORDS: Restaurant/Bar Food/Beverage Retail Supermarket Convenience Store

MEDIA:

Posted on August 17, 2021 3:03 pm

Rimini Street to Present at the BMO 2021 Technology Summit on August 24, 2021

Rimini Street to Present at the BMO 2021 Technology Summit on August 24, 2021

LAS VEGAS–(BUSINESS WIRE)–Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Seth A. Ravin, CEO, Rimini Street and Michael L. Perica, chief financial officer, Rimini Street, will participate in a fireside chat on August 24 at 1:00 p.m. Eastern Time at the BMO 2021 Technology Summit.

Participants can watch live at the following link: https://bmo.qumucloud.com/view/2021-tech-riministreet and also on Rimini Street’s Investor Relations site at https://investors.riministreet.com/. The webcast will be archived for 90 days following the event.

In addition, management will be available for one-on-one meetings during the conference on August 24 and 25. To schedule a meeting please contact your BMO salesperson or Rimini Street IR at [email protected].

About Rimini Street, Inc.

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000^® Company, is a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner. The Company offers premium, ultra-responsive and integrated application management and support services that enable enterprise software licensees to save significant costs, free up resources for innovation and achieve better business outcomes. To date, more than 4,200 Fortune 500, Fortune Global 100, midmarket, public sector and other organizations from a broad range of industries have relied on Rimini Street as their trusted application enterprise software products and services provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn. (IR-RMNI)

© 2021 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005813/en/

Investor Relations Contact

Dean Pohl

Rimini Street, Inc.

+1 925 523-7636

[email protected]

Media Relations Contact

Michelle McGlocklin

Rimini Street, Inc.

+1 925 523-8414

[email protected]

KEYWORDS: United States North America Nevada

INDUSTRY KEYWORDS: Data Management Security Technology Other Technology Software Networks

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NanoVibronix Announces Results of Annual Meeting of Stockholders Held Today

ELMSFORD, N.Y.–(BUSINESS WIRE)–NanoVibronix, Inc.,(NASDAQ: NAOV) (the “Company”), a healthcare device company that produces the UroShield® and PainShield® Surface Acoustic Wave (SAW) Portable Ultrasonic Therapeutic Devices, announced that the Company’s Annual Meeting of Stockholders was held today virtually and broadcast live at www.virtualshareholdermeeting.com/NAOV2021.

All of the resolutions submitted for stockholder approval were adopted, including:

• Election of the six director nominees
• Approval of the amendment to the company’s amended and restated certificate of incorporation to increase the number of authorized shares of common stock.
• Ratification of appointment of Marcum LLP as the company’s independent registered public accounting firm
• Approval, on an advisory basis, of the compensation paid to the company’s named executive officers
• Approval, on an advisory basis, of the frequency of future advisory votes on the compensation paid to the company’s named executive officers

About NanoVibronix, Inc.

NanoVibronix, Inc. (NASDAQ: NAOV) is a medical device company headquartered in Elmsford, New York, with research and development in Nesher, Israel, focused on developing medical devices utilizing its patented low intensity surface acoustic wave (SAW) technology. The proprietary technology allows for the creation of low-frequency ultrasound waves that can be utilized for a variety of medical applications, including for disruption of biofilms and bacterial colonization, as well as for pain relief. The devices can be administered at home without the assistance of medical professionals. The Company’s primary products include PainShield® and UroShield®, which are portable devices suitable for administration at home without assistance of medical professionals. Additional information about NanoVibronix is available at: www.nanovibronix.com.

Forward-looking Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control, and cannot be predicted or quantified; consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with: (i) our history of losses and expectation of continued losses, (ii) the geographic, social and economic impact of COVID-19 on the Company’s business operations, (iii) our ability to raise funding for, and the timing of, clinical studies and eventual U.S. Food and Drug Administration approval of our product candidates, (iv) regulatory actions that could adversely affect the price of or demand for our approved products, (v) market acceptance of existing and new products, (vi) favorable or unfavorable decisions about our products from government regulators, insurance companies or other third-party payers, (vii) risks of product liability claims and the availability of insurance, (viii) our ability to successfully develop and commercialize our products, (ix) our ability to generate internal growth, (x) risks related to computer system failures and cyber-attacks, (xi) our ability to obtain regulatory approval in foreign jurisdictions, (xii) uncertainty regarding the success of our clinical trials for our products in development, (xiii) risks related to our operations in Israel, including political, economic and military instability, (xiv) the price of our securities is volatile with limited trading volume, (xv) our ability to comply with the continued listing requirements of the NASDAQ capital market, (xvi) our ability to maintain effective internal control over financial reporting and to remedy identified material weaknesses, (xvii) we are a “smaller reporting company” and have reduced disclosure obligations that may make our stock less attractive to investors, (xviii) our intellectual property portfolio and our ability to protect our intellectual property rights, (xix) our ability to recruit and retain qualified regulatory and research and development personnel, (xx) unforeseen changes in healthcare reimbursement for any of our approved products, (xxi) the adoption of health policy changes and health care reform, (xxii) lack of financial resources to adequately support our operations, (xxiii) difficulties in maintaining commercial scale manufacturing capacity and capability, (xxiv) our ability to generate internal growth, (xxv) changes in our relationship with key collaborators, (xxvi) changes in the market valuation or earnings of our competitors or companies viewed as similar to us, (xxvii) our failure to comply with regulatory guidelines, (xxviii) uncertainty in industry demand and patient wellness behavior, (xxix) general economic conditions and market conditions in the medical device industry, (xxx) risks related to our operations in Israel, (xxxi) future sales of large blocks of our common stock, which may adversely impact our stock price, and (xxxii) depth of the trading market in our common stock. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at: http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events, or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005826/en/

Investor Contacts:

Brett Maas, Managing Principal, Hayden IR, LLC

[email protected]

(646) 536-7331

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: General Health Health Medical Devices

MEDIA:

Posted on August 17, 2021 2:33 pm

Dat Tran named president of PowerSecure

PR Newswire

ATLANTA, Aug. 17, 2021 /PRNewswire/ — PowerSecure, a Southern Company subsidiary and national leader in MicroGrid solutions, announced today Dat Tran has been named president of PowerSecure, leading the executive team and reporting to the CEO, effective August 16, 2021.

“PowerSecure’s distributed infrastructure business is experiencing significant growth and Dat’s commercial and transaction experience will be essential to the company’s continued success as he serves in this dedicated role of working with our leadership,” said Chris Cummiskey, CEO of PowerSecure. “His contribution to our management team comes at a time when resilient, sustainable distributed resource services are at the top of mind for many of our customers. With Winter Storm Uri behind us and in anticipation of an increasing frequency of extreme weather events, PowerSecure’s business model has proven to be a meaningful part in Southern Company’s mission of successfully shaping and building the future of energy.”

Prior to joining PowerSecure, Tran was president of Southern Company Gas’ midstream division, where he was responsible for the operations and strategic direction of the company’s investments in pipelines, storage and liquefied natural gas (LNG). He began his career with Southern Company Gas in 2003 in the role of vice president and associate general counsel.

Tran has more than 27 years of legal and business experience in the energy, utilities and transportation sectors. His experience specializes in corporate transactions, commodities trading and marketing, and project development. He has previously held leadership positions with CMS Energy, Duke Energy and Kinder Morgan Inc. 

Tran earned his Juris Doctorate, MBA in Finance and BS in Accounting from the University of Connecticut.

About PowerSecure
PowerSecure, a Southern Company subsidiary, is a leading provider of innovative energy solutions to electric utilities and their industrial, institutional, and commercial customers. PowerSecure provides energy solutions in the following areas: distributed generation, energy storage and renewables, energy efficiency and utility infrastructure. The company is a pioneer in developing distributed power systems and the integration of distributed energy resources in a sophisticated microgrid. This includes the ability to forecast electricity demand and optimize the deployment of the systems, provides utilities with dedicated electric capacity to utilize for grid resiliency, provides customers with the most reliable power in the industry, and optimizes the value streams to the utility and its customers from the distributed energy resources. PowerSecure has installed and controls over 2-gigawatts of distributed generation systems across the U.S.

About Southern Company
Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company serving wholesale customers across America, a leading distributed energy infrastructure company, a fiber optics network and telecommunications services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we have been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technology. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries develop the customized energy solutions our customers and communities require to drive growth and prosperity. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and govern our business to the benefit of our world. Our corporate culture and hiring practices have been recognized nationally by the U.S. Department of Defense, G.I. Jobs magazine, DiversityInc, Black Enterprise, Fortune’s “World’s Most Admired Companies” list, Forbes and the Women’s Choice Award. To learn more, visit www.southerncompany.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dat-tran-named-president-of-powersecure-301357169.html

SOURCE Southern Company

Posted on August 17, 2021 2:33 pm

American Express Declares Dividend on Series D Preferred Stock

American Express Declares Dividend on Series D Preferred Stock

NEW YORK–(BUSINESS WIRE)–
American Express Company (NYSE:AXP) declared a dividend on the Company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $4,240.28 per share (which is equivalent to $4.24028 per related Depositary Share).

The dividend is payable on September 15, 2021 to shareholders of record on September 1, 2021.

ABOUT AMERICAN EXPRESS

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products, services and corporate responsibility information: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.

Source: American Express Company

Location: Global

View source version on businesswire.com: https://www.businesswire.com/news/home/20210817005789/en/

Media:

Leah M. Gerstner, [email protected], 212-640-3174

Azar Boehm, [email protected], 212-225-4052

Investors/Analysts:

Vivian Y. Zhou, [email protected], 212-640-5574

Melanie L. Michel, [email protected], 212-640-5574

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Professional Services Finance

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