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NEW YORK, Feb. 10, 2021 /PRNewswire/ Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies:
Red Lion Hotels Corporation (NYSE: RLH) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Sonesta International Hotels Corporation for $3.50 per share in cash.
If you are a Red Lion shareholder,
.
Teledyne Technologies Incorporated (NYSE: TDY) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with FLIR Systems, Inc. Under the terms of the merger agreement, FLIR shareholders will receive $28.00 per share in cash and 0.0718 shares of Teledyne common stock for each FLIR share.
2 months ago
HUNT VALLEY, Md.–(BUSINESS WIRE)–
TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its third quarter of fiscal 2021, ended December 27, 2020.
Third-Quarter Highlights
As a result of the sale of retail inventory and other assets (“Retail business assets”) to Voice Comm, LLC in the third quarter, and the Company’s corresponding exit from the Retail business, the Company is now presenting earnings both from continuing and discontinued operations. The income from discontinued operations in the third quarter of fiscal 2021 was primarily driven by the $3.0 million gain from the sale of the Retail business assets. The loss from continuing operations includes a $3.0 million expense related to the consent solicitation that concluded in December.
ATI Announces Fourth Quarter 2020 Results
Exceeds expectations through strong cost control; Signs of commercial aero stabilization
Actions to exit standard stainless sheet products and enhance high-return capabilities on-track
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Sales of $658 million up 10% over Q3 2020
Net loss attributable to ATI of $1,121.0 million, or $(8.85) per share; adjusted net loss of $41.9 million, or $(0.33) per share
Restructuring and other charges, including previously announced non-cash asset impairments and related tax impacts, of $1,079.1 million, or $(8.52) per share
Adjusted EBITDA of $23.0 million, up 39% over Q3 2020
$646 million of cash at December 31, more than $950 million of total liquidity
Allegheny Technologies Incorporated (NYSE: ATI) reported fourth quarter 2020 results, with sales of $658 million and a net loss attributable to ATI of $1,121.0 million, or $(8.85) per share. As previously announced, the Company is exiting low-margin standard sta
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With Daniel Lippman
Chip Unruh, the press secretary for Sen.
Jack Reed (D-R.I.), the top Democrat on the Armed Services Committee, blasted out a gentle reminder email to the Capitol Hill press: “Reed is NOT Chairman of SASC (yet).” Reed’s ascension to chair of the defense committee will come once Senate Majority Leader