Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Matrix Service Company Reports Second Quarter Fiscal 2021 Results
Matrix Service CompanyFebruary 8, 2021 GMT
TULSA, Okla., Feb. 08, 2021 (GLOBE NEWSWIRE) Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today reported financial results for its second quarter of fiscal 2021.
Key highlights:
Generated cash flow from operations of $20.8 million in the quarter and fully repaid outstanding debt, ended the quarter with cash of $93.5 million
Second quarter revenue was $167.5 million, reflecting the continued impact of the pandemic and related market disruptions
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
California city protects bus drivers from COVID-19 by installing air cleaning technology
AirLabsFebruary 8, 2021 GMT
TURLOCK, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) The city of Turlock will become the first in California to install air cleaning devices across its entire operational bus fleet, as it looks to protect its drivers from the risk of airborne transmission of coronavirus.
Turlock Transit, the city’s transit agency, plans to install a total of 20 AirLabs
AirBubbl air cleaning devices in the driver cabins of its buses by the end of the month, with eight devices already installed. The
Press release content from Business Wire. The AP news staff was not involved in its creation.
UMC Reports Sales for January 2021
February 8, 2021 GMT
TAIPEI, Taiwan (BUSINESS WIRE) Feb 8, 2021
United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) (“UMC”), today reported unaudited net sales for the month of January 2021.
Revenues for January 2021
Press release content from Business Wire. The AP news staff was not involved in its creation.
Edgemont Partners Advises Bridges Inc. on Sale to Proud Moments ABA
February 8, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 8, 2021
Edgemont Partners (“Edgemont”), a premier healthcare investment bank and a leading M&A and capital raising advisor exclusively serving healthcare companies, announced that it acted as exclusive financial advisor to Bridges: Educational Services for Children with Autism, Inc. (“Bridges”) in its sale to Proud Moments ABA (“Proud Moments”). The terms of the transaction, which closed on February 5, 2021, were not disclosed.
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The Edgemont deal team was led by Rajat Bangar, Managing Director, with execution support from Vice President Brandon Breslow, Associates Omar Champsi and Michael Veverka, and Analyst, Kabir Thakral. This marks the eighth autism services transaction closed by Edgemont’s senior bankers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Renesas and Dialog Semiconductor to Join Forces to Advance Global Leadership in Embedded Solutions
February 8, 2021 GMT
TOKYO & LONDON (BUSINESS WIRE) Feb 8, 2021
Renesas Electronics Corporation (“Renesas”, TSE: 6723), a supplier of advanced semiconductor solutions, and Dialog Semiconductor Plc (“Dialog”, XETRA:DLG ), a provider of power management, charging, AC/DC power conversion, Wi-Fi and Bluetooth® low energy (BLE) technology, today announced they have reached an agreement on the terms of a recommended all-cash acquisition by Renesas of the entire issued and to be issued share capital of Dialog (the “Acquisition”) for EUR 67.50 per share, representing a total equity value of approximately EUR 4.9 billion (approximately 615.7 billion yen).