WILMINGTON, Del., Aug. 25, 2022 (GLOBE NEWSWIRE) — Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured rating of A- for debt WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company’s primary subsidiary, received … Read more
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Financial Summary Second quarter 2022 included the following notable items: •GAAP diluted earnings per share were $0.39. •Adjusted diluted earnings per share were $0.39. •Total revenue increased 3.5 percent, reflecting total sales growth of 3.3 percent and a 14.8 percent increase in other revenue. •Comparable sales increased 2.6 percent, driven by a 2.7 percent increase … Read more
Sysco (SYY) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this food distributor have returned -1% over the past month versus the Zacks S&P 500 composite’s +6.1% change. The … Read more
Photo taken on Aug. 4, 2022 shows the White House and a stop sign in Washington, DC, the United States. (Xinhua/Liu Jie) – The chips act is part of the United States’ efforts to weaponize trade and economic tools to advance its interests. – Decoupling with China on the semiconductor industry would not only disrupt … Read more
Intended to Facilitate a Reverse Stock Split, if Necessary PHOENIX, Aug. 26, 2022 /PRNewswire/ — SenesTech, Inc. (NASDAQ: SNES, “SenesTech” or the “Company”) (www.senestech.com), the rodent fertility control experts and inventors of the only EPA registered contraceptive for male and female rats, ContraPest®today announced that its Board of Directors declared a dividend of one one-thousandth … Read more
CALGARY, AB, Aug. 26, 2022 /CNW/ – Eguana Technologies Inc. (“Eguana” or the “Company(TSXV: EGT) (OTCQB: EGTYF) was pleased to announce a strategic investment by the ITOCHU Corporation (“ITOCHU”) of C$33 million in the form of an unsecured convertible debenture (the “Debenture“) of the Company convertible into common shares of the Company (the “Common Shares”) … Read more
jonathanfilskov-photography/E+ via Getty Images Utilities are a bedrock for many risk-averse investors’ portfolios. They can provide secure, growing dividends and growth, year after year. Utility earnings tend to be less affected by down years or wider economic cycles; No matter what is going on, people still need water, gas, or electricity. The demand tends to … Read more
To print this article, all you need is to be registered or login on Mondaq.com. If the rule isn’t that anything goes with enough votes, what is it? Experienced entrepreneurs and investors alike understand that equity dilution is a fundamental aspect of investing in corporations. This is especially true when companies anticipate needing additional capital … Read more
For many founders, the only thing worse than paperwork is paperwork they don’t understand. Figuring out how to incorporate is the quintessential example: There are lots of structures to choose from, forms to file with regulators and distinctions that are hard for a non-lawyer to parse. It isn’t as complex as it might seem. Most … Read more