Day: October 25, 2019

CLEVELAND, Oct. 25, 2019 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it is scheduled to present at the Robert W. Baird Global Industrial Conference in Chicago, Illinois on November 6, 2019 at 9:30 a.m. Central time (10:30 a.m. Eastern time).Parker’s scheduled presenter is Tom Williams, Chairman and Chief Executive Officer.  A live webcast of the presentation will be accessible on Parker’s investor information website at www.phstock.com and will be archived on the site.Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than 100 years the company has engineered the success of its customers in a wide range of diversified industrial and aerospace markets.  Parker has increased its annual dividend...

TORONTO, Oct. 25, 2019 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) today noted the separately announced closing of the AUD$20 million initial public offering of Cronos Australia Limited (“Cronos Australia”). Under the offering, Cronos Australia issued 40 million new shares at an offering price of AUD$0.50 per share (the “Cronos Australia IPO”). Cronos Australia expects to start trading on the Australian Securities Exchange on a deferred settlement basis on November 7, 2019.Established in February 2018, Cronos Australia was a 50/50 joint venture between Cronos Group and NewSouthern Capital Pty Ltd., and is led by Rodney Cocks and Peter Righetti.  At the closing of the offering, Cronos Group holds approximately 31 percent of the issued capital of Cronos Australia.About Cronos Group...

REDWOOD CITY, Calif., Oct. 25, 2019 (GLOBE NEWSWIRE) — Soleno Therapeutics, Inc. (SLNO), (“Soleno” or the “Company”), a clinical-stage biopharmaceutical company developing novel therapeutics for the treatment of rare diseases, today announced the closing of its previously announced underwritten public offering of 12,841,667 shares of its common stock, including 1,675,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares, at a public offering price of $1.20 per share. The net proceeds of the offering were approximately $14.5 million, after deducting the underwriting discount and other offering expenses. Oppenheimer & Co. Inc. acted as the sole book-running manager for the offering. Roth Capital Partners and Laidlaw & Company (UK) Ltd. acted as co-managers for the offering.The offering...

BRENTWOOD, Tenn., Oct. 25, 2019 (GLOBE NEWSWIRE) — Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the third quarter 2019 of $0.88 per common limited partner unit, or $3.52 per common limited partner unit on an annualized basis. This distribution represents a 3.5 percent increase from the distribution for the second quarter 2019 of $0.85 per common limited partner unit ($3.40 per common limited partner unit annualized) and a 11.4 percent increase over Delek Logistics’ distribution for the third quarter 2018 of $0.79 per common limited partner unit ($3.16 per common limited partner unit annualized). The third quarter 2019 cash distribution is payable on November 12, 2019 to unitholders of record on November 4, 2019.About Delek Logistics Partners, LPDelek Logistics Partners,...

TORONTO, Oct. 25, 2019 (GLOBE NEWSWIRE) — Waseco Resources Inc. (“WRI”-V) – The Company announces that Mr. James (Jay) Richardson has resigned as CFO effective October 25th, 2019 to pursue other interests.  We would like to thank him for his years of valuable service to the Company and wish him all the best in his future endeavours. Mr. Williams, Director of Waseco will act as interim CFO until a suitable replacement can be found.Waseco is an exploration company focused on exploring for gold in Nevada.  The Company is listed on the TSX Venture Exchange and the Frankfurt Stock Exchange.  There are currently approximately 42 Million shares issued and outstanding.For further information on the Company, please visit the Waseco web site at www.wasecoresources.com or contact Richard Williams at (416) 364-3123- e-mail:...

ATHENS, Greece, Oct. 25, 2019 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately. Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles. It is expected that the Company’s current Chief Executive Officer and Chairman, Mr. Simeon Palios, will remain fully engaged in his current role. The appointment was made by the unanimous decision of the board of directors upon the recommendation of the Company’s independent Nominating Committee. Commenting on the appointment, Mr. Konstantinos Psaltis, the Chairman of the Company’s Nominating...

LONDON, Oct. 25, 2019 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE: GSL) (the “Company”) today announced that it is commencing a cash tender offer (the “Annual Mandatory Offer”) to purchase up to $20.0 million aggregate principal amount (the “Maximum Offer Amount”) of its outstanding 9.875% First Priority Secured Notes due 2022 (the “Notes”) at a purchase price of 102% of the aggregate principal amount thereof plus accrued and unpaid interest to, but not including, the purchase date.The Annual Mandatory Offer is being made pursuant to requirements set forth in the indenture governing the Notes that requires the Company to offer to purchase Notes, to the extent indebtedness under the term loan facility agreement, dated as of October 25, 2017 (the “New Term Loan Facility”), among the Company, the guarantors party thereto, the...

BIRMINGHAM, Ala., Oct. 25, 2019 (GLOBE NEWSWIRE) — First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank (the “Bank”), today announced plans to transfer the Company’s indirect sales loan portfolio into the Bank from the Bank’s wholly-owned subsidiary, Acceptance Loan Company (“ALC”), effective January 1, 2020.  In connection with the transfer, Chris Mitchell, currently the President and CEO of ALC, will become the Bank’s Senior Executive Vice President – Consumer Lending, with a focus on continued expansion of the indirect sales loan portfolio.  Helen Thrash, currently a senior vice president for ALC, will replace Mr. Mitchell in the role of President and CEO of ALC, with a focus on continuing the success of ALC’s traditional consumer lending platforms.About First US Bancshares, Inc.First...

TREVOSE, Pa., Oct. 25, 2019 (GLOBE NEWSWIRE) — StoneMor Partners L.P. (NYSE: STON) (“StoneMor” or the “Partnership”) a leading owner and operator of cemeteries and funeral homes, today announced that the special meeting of the Partnership unitholders will be held at the Courtyard Philadelphia Bensalem, 3280 Tillman Road, Bensalem, PA 19020, on December 20, 2019 at 10:00 a.m. Eastern Time. All Partnership common units and Series A Convertible Preferred Units (together with our common units, the “units”) of record as of the close of business on November 4, 2019, which is the record date for the special meeting, will be entitled to vote their units.The approval of the previously announced Merger and Reorganization Agreement and the transactions contemplated thereby, including, among other things, the conversion of GP from a Delaware...

EATONTOWN, N.J., Oct. 25, 2019 (GLOBE NEWSWIRE) — Wayside Technology Group Inc. (NASDAQ:WSTG) will issue a press release reporting its third quarter 2019 earnings on Wednesday, November 6, 2019 at approximately 9:00 a.m. EST.On Wednesday November 6, 2019 at 10:00 a.m. EST, management will review these results during a conference call.  The dial-in telephone number is (844) 683-0552 and the pass code is “WSTG.”  This conference call will be webcast by West and can be accessed at Wayside Technology’s Web site at www.waysidetechnology.com/site/content/webcasts.Wayside Technology Group, Inc. (NASDAQ: WSTG) is an IT channel company providing innovative sales and distribution solutions to technology vendors, resellers and system integrators since 1982. Wayside operates Lifeboat Distribution, a value-added distributor for virtualization/cloud...