Regal Beloit Corporation Receives Upgraded ESG Rating of A From MSCI ESG Research LLC
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BELOIT, Wis., May 20, 2021 /PRNewswire/ Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering, design and manufacturing of power transmission and industrial drive train solutions, and high-efficiency electric motors and air moving systems, recently received an ESG Rating of A from MSCI ESG Research LLC, reflecting an upgrade from a BBB rating last year.
Notably, improvements in the Company s already-leading corporate governance practices contributed to the higher rating. The report also noted Regal s robust initiatives for workforce development, including career development programs as well as engagement initiatives. In the Environment framework, MSCI noted Regal s robust initiatives to address environmental impacts from air, water and waste emissions relative to peers.
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PRA Health Sciences Inc. (NASDAQ: PRAH)
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Greenlane Holdings, Inc. (NASDAQ: GNLN)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Greenlane Holdings, Inc. (NASDAQ: GNLN) in connection with the company s proposed merger with KushCo Holdings, Inc. ( KushCo ). Under the terms of the agreement, KushCo s shareholders will receive approximately 0.2546 shares of GNLN Class A common stock for each KushCo share they own. If you own GNLN shares and wish to discuss this investigation or your rights, please call us or visit our website: http://www.weisslawllp.com/gnln/
PRA Health Sciences Inc. (NASDAQ: PRAH)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
Regal Beloit Corporation Announces Record First Quarter 2021 Financial Results
- Sales Growth Accelerates, Up 10.9% Versus PY and Up 9.1% on an Organic Basis
- Record Adjusted Operating Margin of 13.9% Up 310 bps versus PY (GAAP Operating Margin 11.9%)
- Record Adjusted Diluted EPS of $1.98 Up Over 50% versus PY (GAAP Diluted EPS of $1.60)
- Raised Quarterly Dividend in April by 10% to $0.33
- Daily Orders Up 17% in 1Q and Up Almost 90% in April versus PY
- Net Debt to Adjusted EBITDA of 0.9x
- Announced Transformational Merger with Rexnord s PMC Business; On Track to Close in 4Q 2021
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PRA Health Sciences Inc. (NASDAQ: PRAH)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of
PRA Health Sciences Inc. (NASDAQ: PRAH) in connection with the proposed acquisition of the company by ICON plc ( ICLR ). Under the terms of the merger agreement, PRAH shareholders will receive $80.00 in cash and 0.4125 shares of stock for each share of PRAH common stock that they own, representing implied per-share merger consideration of approximately $165.12 based upon ICLR s April 20, 2021 closing price of $206.36. If you own TPCO shares and wish to discuss this investigation or your rights, please call us or visit our website: https://weisslawllp.com/prah/