Day: November 25, 2019
SHANGHAI, China, Nov. 25, 2019 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the rapidly growing non-medical health and wellness market in China, today announced its unaudited financial results for the third quarter ended September 30, 2019.Third Quarter 2019 Financial HighlightsTotal net revenues were US$74.9 million, an increase of 53.5% year-over-year.Operating income was US$2.7 million, an increase of 58.8% year-over-year. Operating margin was 3.6%, up from 3.5% in the same quarter of last year.Non-GAAP operating income was US$3.1 million, an increase of 82.4% year-over-year. Non-GAAP operating margin was 4.1%, up from 3.5% in the same quarter of last year.Net income was US$1.9 million, an increase of 35.7% year-over-year.Non-GAAP...
Chembio Diagnostics Completes Acquisition of Orangelife
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MEDFORD, N.Y., Nov. 25, 2019 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today announced that it has completed its previously announced acquisition of Orangelife Comercio e Industria Ltda., a Brazilian manufacturer and distributor of point-of-care diagnostics tests for infectious diseases.“Our acquisition of Orangelife strategically broadens our commercialization by enhancing our presence in Brazil, which we view as one of the most attractive infectious disease testing markets in the world,” said John Sperzel, Chembio’s Chief Executive Officer. “We are excited to offer our leading point-of-care tests to the state, private and pharmacy markets, and provide additional local support to our long-time partner Bio-Manguinhos.”About Chembio DiagnosticsChembio...
Amedisys to Acquire Asana Hospice
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BATON ROUGE, La., Nov. 25, 2019 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED), America’s leading independent home health, hospice and personal care company, has signed a definitive agreement to acquire Asana Hospice.Under the terms of the agreement, targeted to close on January 1, 2020, Amedisys will acquire 100 percent of the ownership interests in Asana Hospice. Asana provides hospice care to approximately 540 patients daily in eight locations in Pennsylvania, Ohio, Missouri, Kansas and Texas.“I’m honored to welcome Asana Hospice’s dedicated and compassionate team to the Amedisys family of caregivers,” stated Amedisys CEO and President Paul Kusserow. “Our two organizations share a commitment to putting excellent patient care at the forefront of everything we do, and I know our strengthened family will continue to deliver clinical...
Integra Resources Closes C$6.6 Million Strategic Placement With Coeur Mining
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Nov. 25, 2019 (GLOBE NEWSWIRE) — Integra Resources Corp. (“Integra” or the “Company”) (TSX-V:ITR; OTCQX:IRRZF) is pleased to announce that today it has closed its previously announced strategic placement with Coeur Mining, Inc. (“Coeur”) (NYSE:CDE) whereby Coeur has invested C$6.6 million (US$5 million) in Integra by way of a non-brokered private placement of common shares (the “Strategic Placement”).Under the terms of the subscription agreement between Integra and Coeur, Coeur purchased 5,760,236 common shares of Integra (the “Strategic Placement Common Shares”) at a price of C$1.15 per Strategic Placement Common Share for gross proceeds of C$6,624,271. The Strategic Placement Common Shares issued in the...
GameStop Announces Third Quarter Fiscal 2019 Earnings Release Date
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GRAPEVINE, Texas, Nov. 25, 2019 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), today announced that it will report third quarter fiscal 2019 earnings results after the market closes on Tuesday, December 10, 2019. The company will host an investor conference call at 5:00 pm ET on the same day to review the company’s financial results. This call and any supplemental information can be accessed at GameStop Corp.’s investor relations home page at http://investor.GameStop.com/. The phone number for the investor conference call is 866-575-6539 and the confirmation code is 5258686. The conference call will be archived for two months on GameStop’s corporate website.About GameStopGameStop Corp., a Fortune 500 company headquartered in Grapevine, Texas, is the world’s largest video game retailer, operates over 5,700 stores across 14 countries,...
Capital Southwest Announces Special Dividend of $0.75 Per Share
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DALLAS, Nov. 25, 2019 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced its Board of Directors has declared a special dividend of $0.75 per share.The Company’s dividend will be payable as follows:This special dividend declared is in addition to the regular dividend of $0.40 per share and the supplemental dividend of $0.10 per share previously declared by the Board of Directors on November 4, 2019. All dividends declared have the same ex-dividend and record date and will be paid to shareholders on December 31, 2019.When declaring dividends, the Board of Directors reviews estimates of taxable...
Wabash National Corporation Announces Quarterly Dividend
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LAFAYETTE, Ind., Nov. 25, 2019 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE:WNC) today announced that its board of directors declared a regular quarterly dividend of $0.08 per share of the company’s common stock, payable on January 23, 2020, to stockholders of record on January 2, 2020.“This marks three years since we’ve reinstated our dividend, during which time we have increased the quarterly payout by 33 percent,” explained Jeff Taylor, chief financial officer. “Our dividend reflects the company’s strong cash generation and remains an important part of our capital allocation plan which balances debt reduction with returning capital to shareholders.”Wabash National Corporation: Changing How the World Reaches YouAs the innovation leader of engineered solutions for the transportation,...
Greene Concepts, Inc. Announces the Return of Lenny Greene as President and CEO
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MARION, N.C., Nov. 25, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — Greene Concepts, Inc. (OTC: INKW) (greeneconcepts.com) (“Greene Concepts” or the “Company”), announced today that Mr. Lenny Greene has returned to the Company as President and CEO. Mr. Greene departed his executive management role at the Company in February of this year and his return to the post of CEO and President is anticipated to greatly enhance the Company’s efforts for growth and expansion. Mr. Greene’s executive management expertise as well as his experience with regulatory filings and disclosures is anticipated to greatly enhance the Company’s future plans to access a small to midrange tier market listing.Mr. Greene, newly appointed President and CEO of Greene Concepts, Inc., stated, “I am very excited for both the near term...
AMIH Subsidiary, Capitol City Solutions USA, Inc., Executes Construction Contract with Multi-Family Complex in Port Arthur, TX
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ADDISON, TX, Nov. 25, 2019 (GLOBE NEWSWIRE) — American International Holdings Corp. (OTC Pink: AMIH, the “Company”) is pleased to announce that its wholly-owned subsidiary, Capitol City Solutions USA, Inc. (“CCS”), has executed a construction contract with a multi-family apartment complex to remove and replace all of the roofs of the 14 total buildings comprising the complex, located in Port Arthur, Texas. The construction contract is valued over $600,000 and the project is anticipated to be complete by no later than the end of January 2020.“We are very excited to have been awarded this construction contract to remove and replace all of the roofs on this large apartment complex located in Port Arthur, Texas,” commented JJ Dickens, CEO of CCS. “This property is one of over 100 multi-family properties owned by an investment group that...
ForFarmers nominates Roeland Tjebbes as Executive Board member
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Lochem, 25 November 2019ForFarmers nominates Roeland Tjebbes as Executive Board memberThe supervisory board of ForFarmers N.V. (‘ForFarmers’) nominates Roeland Tjebbes as member of the Executive Board of ForFarmers, to be appointed by the annual general shareholders meeting (‘AGM’) on 24 April 2020. Upon his appointment, Mr Tjebbes will hold the position of Chief Financial Officer (‘CFO’). The appointment is for a period of four years, ending at the end of the annual AGM of 2024.This press release contains information that qualifies as inside information in the sense of Article 7 paragraph 1 of the EU Market Abuse Regulation.Note to the editor / For additional information:Caroline Vogelzang, Director Investor Relations and CommunicationsT +31 (0)573 288 194 • M +31 (0)6 10 94 91 61 • E: caroline.vogelzang@forfarmers.euCompany profileForFarmers...