Breaks Categories: News

WednesdayAug 04, 2021 1:57 pm

NetworkNewsBreaks – OTC Markets Group, Inc. (OTCM) Featured in Earnings Preview Research from Sidoti

Expect Improving Demand Trends To Drive Solid Earnings Growth In 2Q:21 OTC Markets Group (OTCQX: OTCM) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “Aside from modest business disruption in the early part of the pandemic, OTCM has performed well, and is positioned to grow through expansion of product offerings and its ability to provide a cost-efficient way for companies to raise capital long-term in our view.” To access the full report, visit https://nnw.fm/C2zVQ About OTC Markets Group OTC Markets Group Inc. operates the OTCQX(R) Best Market, the OTCQB(R) Venture…

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WednesdayAug 04, 2021 1:52 pm

NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Solectrac Launches New e70N Electric Tractor

Ideanomics (NASDAQ: IDEX), a company focused on the convergence of financial services and industries experiencing technological disruption, today announced that its subsidiary Solectrac launched the all-new e70N electric tractor. The specially designed, narrow model is purpose-built for easy handling and maneuverability on vineyards and farm operations. This news follows the company's July 1, 2021, announcement that long-time agriculture and construction industry veteran Mani Iyer was appointed as CEO of Solectrac. “The e70N is yet another innovative electric tractor breakthrough from Solectrac, this time focused on commercial-level, heavy-duty farm and vineyard operations,” said Solectrac CEO Mani Iyer. “This category of zero-emission…

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WednesdayAug 04, 2021 1:41 pm

NetworkNewsBreaks – STRATTEC SECURITY CORP. (NASDAQ: STRT) Featured in Earnings Preview Research from Sidoti

Supply chain disruptions tempered the pace of recovery STRATTEC SECURITY (NASDAQ: STRT) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “For 3Q:F21, we look for a sequential drop in revenue and earnings as we allow that supply chain disruptions tempered the pace of recovery in the automotive market….STRATTEC has been repaying debt.  At the current pace, we think the company will reinstate the suspended dividend (was $0.56 per share annually) by early F2023 at the latest.” To access the full report, visit https://nnw.fm/QDoEV STRT will be presenting at the Sidoti…

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WednesdayAug 04, 2021 1:35 pm

NetworkNewsBreaks – Reservoir Holdings, Inc. (NASDAQ: RSVR) Featured in Corporate Update Research from Sidoti

The merger of Roth CH Acquisition II, Inc. (NASDAQ: ROCC) with Reservoir Holdings, Inc. (NASDAQ: RSVR) has been completed Reservoir Holdings (NASDAQ: RSVR) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “Our revenue and EBITDA outlook remains unchanged…Given the relatively predictable cash generation in music publishing, we project the company will aim to hold about $9 million in cash on hand by year-end 2022 on the balance sheet.” To access the full report, visit https://nnw.fm/WTOCS About Reservoir Holdings, Inc. Reservoir is an independent music company based in New York City…

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WednesdayAug 04, 2021 1:27 pm

NetworkNewsBreaks – Civeo Corp. (NYSE: CVEO) Featured in Earnings Release Research from Sidoti

Revenue In 2Q:21 Tops Our Estimate On Higher Canadian Occupancy Civeo (NYSE: CVEO) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We raise our 2021 free cash flow per share projection to $4.32 (from $3.56) and suggest Civeo is in a position to both continue to reduce debt and consider returning cash to shareholders, potentially via a buyback, barring significant changes to COVID-related travel restrictions.” To access the full report, visit https://nnw.fm/FWZBd About Civeo Corp. Civeo Corporation is a leading provider of hospitality services with prominent market positions in the…

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WednesdayAug 04, 2021 1:19 pm

NetworkNewsBreaks – Sify Technologies Ltd. (NASDAQ: SIFY) Featured in Earnings Release Research from Sidoti

Beat Our Forecast On Broad Based Demand For Sify’s Services Sify Technologies (NASDAQ: SIFY) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “Sify shrugged off the second wave of Covid in India to deliver a strong 1Q:F22 showing across the board, with all segments posting gains. Consolidated revenue grew 22.7% to $99.2 million, topping our $93.5 million estimate.” To access the full report, visit https://nnw.fm/31z4n About Sify Technologies Ltd. Sify Technologies is India’s most comprehensive ICT services & solutions provider. With Cloud at the core of our solutions portfolio, Sify…

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WednesdayAug 04, 2021 12:53 pm

NetworkNewsBreaks – Orion Group Holdings, Inc. (NYSE: ORN) Featured in Earnings Release Note from Sidoti

Customer Hesitancy May Persist, Given Supply Constraints; Longer-Term Outlook Still Positive Orion Group Holdings (NYSE: ORN) was featured in a company-sponsored research morning meeting note published by Sidoti & Company, LLC. The report reads, “Weather-driven delays and project timing affected results.  More important, in our view, order trends in both segments improved year over year and sequentially.” To access the full report, visit https://nnw.fm/nj2pR About Orion Group Holdings, Inc. Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Canada…

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WednesdayAug 04, 2021 12:47 pm

NetworkNewsBreaks – LSB Industries, Inc. (NYSE: LXU) Featured in Corporate Update from Sidoti

Expect Higher Average Selling Prices Through 2022 LSB Industries (NYSE: LXU) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “Management expects higher average selling prices sequentially, in a typically slower 3Q, on continued strong demand for fertilizer and growing share of industrial sales, which exhibit less seasonality.” To access the full report, visit https://nnw.fm/mzBR8 About LSB Industries, Inc. LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets. The Company owns and operates facilities in Cherokee, Alabama, El Dorado, Arkansas…

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WednesdayAug 04, 2021 12:29 pm

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Closes on Acquisition of Florida Greenhouse

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has purchased a fully operational greenhouse with the purpose of advancing the company’s cultivation and production initiatives in Florida. The 45,000,000-square-foot greenhouse is located on 4.7 acres in Apopka. The company anticipates cultivating and harvesting in the new greenhouse by fourth quarter 2021. Red White & Bloom is currently building its own 114,000,000-square-foot facility, and the new greenhouse will provide near-term cultivation opportunities while that construction is underway. The company is focusing efforts on ensuring the new acquisition meets all compliance standards for…

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WednesdayAug 04, 2021 12:17 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Appointment of New CEO, Additional Management Transitions

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its appointment of Lorne Rapkin as the company's new chief executive officer, effective immediately. Rapkin succeeds Julia Frank, who will continue as the company's chief operating officer. In addition, Shariq Khan, the company's director of finance, has been appointed the company's new chief financial officer. According to the update, Rapkin previously served as PlantX Life’s chief financial officer and brings a robust financial acumen and unique business expertise to the CEO position. He will be tasked with meeting the demands of PlantX's strategic growth in an evolving industry and ensuring…

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