Day: November 7, 2019
COVINGTON, La., Nov. 07, 2019 (GLOBE NEWSWIRE) — Pool Corporation (NASDAQ:POOL) announced today that Peter D. Arvan, President and Chief Executive Officer, and Mark W. Joslin, Senior Vice President and Chief Financial Officer, will be participating in the Stephens Fall Investment Conference at the Omni Nashville Hotel in Nashville, TN. The presentation will occur on November 14, 2019 at 7:30 a.m. Central Time. The presentation slides will be posted on POOLCORP’s website at that time.Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products. POOLCORP operates approximately 370 sales centers in North America, Europe, South America and Australia through which it distributes more than 180,000 national brand and private label products to roughly 120,000 wholesale customers. For more...
Festa Retires from Grace Board of Directors; Steffen Elected Non-executive Chairman
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COLUMBIA, Md., Nov. 07, 2019 (GLOBE NEWSWIRE) — W. R. Grace & Co. (NYSE: GRA) today announced that Fred Festa, non-executive Chairman of Grace’s Board of Directors, is retiring from the Board, consistent with its leadership transition plan. Christopher J. Steffen, formerly Lead Independent Director, has been elected to succeed Festa as non-executive Chairman. With Festa’s retirement, the Grace Board now has 10 directors.Festa joined Grace in 2003. He was elected to the Board in 2004 and served as Chief Executive Officer from 2005 until 2018. He was elected Chairman in 2008 and became non-executive Chairman upon his retirement as CEO.Steffen was elected to the Board in 2006 and has served as Lead Independent Director since 2012. He will continue as Chair of the Board’s Nominating and Governance Committee. During his tenure,...
Westport Fuel Systems Reports Third Quarter 2019 Financial Results
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~ Net income from continuing operations of $4.9 million and Adjusted EBITDA of $9.4 million due to revenue growth and operating cost reductions ~VANCOUVER, British Columbia, Nov. 07, 2019 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the third quarter ended September 30, 2019 and provided an update on our business. All figures are in U.S. dollars unless otherwise stated.“Our Q3 results demonstrate our continued progress to transform the company into a profitable and sustainable organization,” said David M. Johnson, Chief Executive Officer of Westport Fuel Systems. “Q3 marks the third consecutive quarter of positive EBITDA, and the sixth consecutive quarter of positive adjusted EBITDA. These results are evidence of the continued growth...
Chembio Diagnostics Enters into Definitive Agreement to Acquire Orangelife
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Acquisition will expand commercial presence and market opportunity in BrazilMEDFORD, N.Y., Nov. 07, 2019 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today announced that it has entered into a definitive agreement (the “Agreement”) to acquire Orangelife Comercio e Industria Ltda., a privately-held Brazilian manufacturer and distributor of point-of-care diagnostics tests for infectious diseases.Under the terms of the Agreement, Chembio will make an upfront payment of $150,000 in cash and 153,707 shares of common stock. The Agreement contemplates that Chembio will also enter into certain consulting agreements that could include payment of up to 497,288 additional shares of common stock based on the achievement of certain sales and regulatory...
H&R Block Announces Quarterly Cash Dividend
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KANSAS CITY, Mo., Nov. 07, 2019 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 26 cents per share, payable January 2, 2020, to shareholders of record as of December 9, 2019.H&R Block has paid quarterly dividends consecutively since the company went public in 1962.About H&R BlockH&R Block, Inc. (NYSE: HRB) is a global consumer tax and small business services provider. Tax return preparation services are provided by professional tax preparers in approximately 11,000 company-owned and franchise retail tax offices worldwide, as well as through virtual channels and H&R Block tax software products for the DIY consumer. H&R Block offers small business financial solutions through its retail locations and online through Wave. In...
NL REPORTS THIRD QUARTER 2019 RESULTS
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Dallas, Texas, Nov. 07, 2019 (GLOBE NEWSWIRE) — DALLAS, TEXAS – November 7, 2019 – NL Industries, Inc. (NYSE: NL) today reported a net loss attributable to NL stockholders of $1.6 million, or $.03 per share, in the third quarter of 2019 compared to a net loss attributable to NL stockholders of $15.4 million, or $.32 per share, in the third quarter of 2018. For the first nine months of 2019, NL reported net income attributable to NL stockholders of $19.5 million, or $.40 per share compared to a net loss attributable to NL stockholders of $43.8 million, or $.90 per share in the first nine months of 2018. NL’s results included a pre-tax litigation settlement expense of $19.3 million ($.31 per share, net of income tax benefit) and $62.0 million ($1.01 per share, net of income tax benefit) recognized in the first nine months of...
CooperCompanies Announces Global Support for Optometry Giving Sight and March of Dimes, Introduces All-Employee Matching Gifts Program
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SAN RAMON, Calif., Nov. 07, 2019 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced it has selected Optometry Giving Sight and March of Dimes as the beneficiaries of its new global charitable giving program. Through the Cooper Giving program, company employees can donate year-round to both non-profits, with Cooper providing a one-for-one match, up to $5,000 USD annually per employee.“Giving back has long been part of our culture at Cooper and it’s a privilege to partner with Optometry Giving Sight and March of Dimes to continue this tradition of giving. Both are world-class charitable organizations doing amazing work to bring better health and well-being to people in need,” said President and CEO Albert White. “By focusing Cooper Giving on these causes, our multifaceted support through donations, knowledge and time goes...
La-Z-Boy Announces Fiscal 2020 Second-Quarter Conference Call
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MONROE, Mich., Nov. 07, 2019 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB) will report its fiscal 2020 second-quarter results after the close of trading on the New York Stock Exchange on Wednesday, November 20, 2019, and will hold its quarterly investor conference call at 8:30 a.m. Eastern Time the following day, Thursday, November 21, 2019.The dial-in phone number for the live conference call will be (844) 602-0380 for persons calling from within the U.S. or Canada, and the number for international callers will be (862) 298-0970.The call will be webcast live, with corresponding slides, and archived on the Internet. It will be available at https://lazboy.gcs-web.com/, and will be accessible for one year. A telephone replay will be available for one week following the call. This replay will be accessible to callers from the...
Kronos Worldwide Reports Third Quarter 2019 Results
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Dallas, Texas, Nov. 07, 2019 (GLOBE NEWSWIRE) — Kronos Worldwide, Inc. (NYSE:KRO) today reported net income of $17.9 million, or $.16 per share, in the third quarter of 2019 compared to net income of $32.6 million, or $.28 per share, in the third quarter of 2018. For the first nine months of 2019, Kronos Worldwide reported net income of $77.7 million, or $.67 per share, compared to net income of $181.0 million, or $1.56 per share in the first nine months of 2018. We reported lower net income in the 2019 periods primarily due to lower income from operations resulting from the effects of lower average selling prices and higher raw materials and other production costs partially offset by higher sales volumes as discussed below. Net sales of $437.4 million in the third quarter of 2019 were $27.1 million, or 7%, higher than in the...
Ooma Schedules Third Quarter Fiscal 2020 Results
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SUNNYVALE, Calif., Nov. 07, 2019 (GLOBE NEWSWIRE) — Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the third quarter ended October 31, 2019 after the market closes on Thursday, November 21, 2019. The company will host a conference call and live webcast for analysts and investors at 5:00 p.m., Eastern time on that day. The news release with the financial results will be accessible from the company’s website prior to the conference call.Parties in the United States and Canada can access the call by dialing +1 (833) 233-4456, using conference ID “Ooma Third Quarter”. International parties can access the call by dialing +1 (647) 689-4135, using conference ID “Ooma Third Quarter”.The webcast will be accessible on Ooma’s investor relations website...