The Latest Breaking News from Board of Directors

Renovare Environmental Inc (NASDAQ:RENO) has agreed to purchase Harp Renewables and its affiliate, Harp Electric Engineering, for $20 million, comprised of $15 million in stock and $5 million in cash. Harp, based in Ireland, provides thermophilic aerobic digestion and waste treatment solutions. Harp manufactures and sells bio-digesters that convert food and other organic…

Big Lots Inc (NYSE:BIG) reported a fourth-quarter FY21 sales decline of 0.3% year-on-year, to $1.73 billion, beating the consensus of $1.72 billion. Comparable sales decreased 2.3% versus a 7.9% increase last year. On a two-year basis, comparable sales increased 5.4%.  The gross margin for the quarter decreased 210 basis points Y/Y to 37.3%.…

Lithia Motors Inc (NYSE:LAD) reported fourth-quarter FY21 sales growth of 60.1% year-on-year, to $6.31 billion, beating the analyst consensus of $6.15 billion. New vehicle retail revenues increased 37.7% Y/Y, and used vehicle retail revenues rose 82.1%. Total vehicle gross profit per unit improved 57.4% to $6,882. Gross profit increased 91.7% Y/Y to $1.2…

Patrick Industries Inc (NASDAQ:PATK) said its Board of Directors had approved an increase in its current share buyback program to $100 million. The approval also includes the $11.0 million remaining under the previous authorization. Year-to-date through January 31, 2022, the company repurchased 166,236 shares at an average price of $69.77 per share for a…

Standard Motor Products Inc (NYSE:SMP) said its Board of Directors had approved an increase in its quarterly stock dividend to $0.27 from $0.25. The move represents an 8% hike in the dividend rate. The revised dividend is payable on March 1, 2022, to shareholders of record on February 15, 2022. Standard Motors held $33.1 million…

Bradford Council is losing control of its children's services and will now operate under the control of new independent Chair and Board of Directors after they were slammed for failing to act on the sadistic torment and abuse of 16-month-old Star Hobson