Orion Engineered Carbons to Increase Specialty Carbon Black Prices Globally
HOUSTON–(BUSINESS WIRE)–Orion Engineered Carbons (NYSE: OEC), a leading global supplier of specialty and high-performance carbon black, announced today it will raise prices for all specialty carbon black customers. The increase, which will be communicated individually, will vary depending on the product, manufacturing process and location. “Sharply rising raw material, energy and supply chain costs have […]
Eastman Completes Sale of Tire Additives Product Lines
KINGSPORT, Tenn.–(BUSINESS WIRE)–Eastman Chemical Company (NYSE:EMN) announced that it has completed the previously reported sale of its global tire additives business to an affiliate of One Rock Capital Partners, LLC. The sale included the rubber additives (including Eastman’s Crystex™ insoluble sulfur and Santoflex™ antidegradants) and other product lines and related assets and technology of the […]
Asbury Automotive Group Announces Private Offering of Senior Notes Due 2029 and Senior Notes Due 2032
DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG) (“Asbury”) announced today that it intends to offer up to $1.5 billion aggregate principal amount of Senior Notes, which will consist of Senior Notes due 2029 (the “2029 Notes”) and Senior Notes due 2032 (the “2032 Notes” and together with the 2029 Notes, the “Notes”), subject to […]
TravelCenters of America Inc. Announces Third Quarter 2021 Financial Results
Company Delivers Continued Financial Improvement Over Prior Year Net Income of $22.2 Million Improved $13.5 Million Over Prior Year Net Income Per Share of Common Stock Attributable to Common Stockholders of $1.52 Improved $0.91 Over Prior Year Adjusted EBITDA of $65.2 Million Improved $14.1 Million, or 27.7%, Over Prior Year Adjusted EBITDAR of $129.1 Million […]
Asbury Automotive Group Announces Public Proposed Offering of Common Stock
DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest U.S.-based franchised automotive retailers (“Asbury”), announced today that it has commenced an underwritten public offering of 3,300,000 shares of its common stock pursuant to an automatic shelf registration statement effective November 1, 2021. In addition, Asbury expects to grant the underwriters an option […]
Velodyne Lidar Announces Appointment of Corporate Governance Expert Virginia Boulet to Board of Directors
Velodyne Co-Founder and Board Director Dr. Joseph B. Culkin to Retire SAN JOSE, Calif.–(BUSINESS WIRE)–Velodyne Lidar, Inc. (NASDAQ: VLDR, VLDRW), today announced that its Board of Directors has appointed corporate governance expert Virginia Boulet to the Board. Ms. Boulet has been appointed to the Board as a Class II director and is expected to join […]
Suretys™ Policies and Pre-approval Help Credit Unions Attract Younger Car Buyers and Write More Loans
NEW HAVEN, Conn.–(BUSINESS WIRE)–#autoloans—Suretys Inc., a digital insurance provider that replaces the need for a cosigner for auto loans and leases, announced today that it is now underwriting its PlusOne policies through credit unions in Texas. In addition, Suretys also announced a mobile optimized digital pre-approval process that enables credit unions to develop first-time car […]
Cleanhill Partners Announces Partnership with CleanJoule to Drive Growth of Sustainable Aviation Fuel
Deal marks second decarbonization-focused investment in six months SALT LAKE CITY & NEW YORK–(BUSINESS WIRE)–Cleanhill Partners, a private equity firm pursuing investments in the energy transition sector that contribute to decarbonization, announced a partnership with CleanJoule LLC, the world’s leading producer of full-performance sustainable aviation fuels (SAF). The deal provides CleanJoule with the financial, strategic […]
Pitney Bowes Has Geared Up for Peak Ecommerce Surge with More Capacity, New Automation and Expanded Workforce
New ecommerce hubs, a larger transportation fleet, and new robotics solutions have Pitney Bowes poised to deliver for ecommerce clients STAMFORD, Conn.–(BUSINESS WIRE)–Pitney Bowes (NYSE:PBI), a global shipping and mailing company that provides technology, logistics, and financial services, today announced plans to further expand capacity and add thousands of seasonal warehouse associates and drivers to […]
iSun Inc. Announces Third Quarter 2021 Results Conference Call Date
WILLISTON, Vt.–(BUSINESS WIRE)–$isun #cleanenergy–iSun, Inc. (NASDAQ: ISUN) (the “Company”, or “iSun”), a leading solar energy and clean mobility infrastructure company with 50-years of construction experience in solar, electrical and data services, today announced that it will issue third quarter 2021 results after the market closes on Monday, November 15, 2021. A conference call will be […]
