Day: December 4, 2019

DAYTONA BEACH, Fla., Dec. 04, 2019 (GLOBE NEWSWIRE) — Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the sale of approximately 31 acres (the “Unicorp Sale”), for approximately $4.6 million, or approximately $148,000 per acre, to Unicorp National Development, Inc. of Orlando Florida (“Unicorp”). The Unicorp Sale was completed by the venture that acquired the remaining land portfolio from CTO in October of 2019 (the “Land JV”). Pursuant to the Land JV structure, the proceeds from the Unicorp Sale will go to pay the amount of preferred return accrued to CTO’s partner in the Land JV, with the remaining proceeds distributed in accordance with the distribution priority in the applicable operating agreement of the Land JV. CTO has a retained interest in the Land JV.The land parcel...

VICTOR, N.Y., Dec. 04, 2019 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its fiscal third quarter ended November 30, 2019, on Wednesday, January 8, 2020, before the open of the U.S. markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer Bill Newlands and Executive Vice President and Chief Financial Officer David Klein at 10:30 a.m. EST, January 8, 2020.The conference call can be accessed by dialing +1-877-673-1771 and entering conference identification number 4297819, beginning at 10:20 a.m. EST. A live, listen-only webcast of the conference call will be available on the company’s website, www.cbrands.com, under the Investors/Events & Presentations...

ALHAMBRA, Calif., Dec. 04, 2019 (GLOBE NEWSWIRE) — EMCORE Corporation (NASDAQ: EMKR – News), a leading provider of advanced Mixed-Signal Optics products that provide the foundation for today’s leading-edge defense systems and high-speed communications network infrastructures, today announced financial results for its fiscal fourth quarter (4Q19) and year ended September 30, 2019 (FY19). Management will host a conference call to discuss financial and business results tomorrow, Thursday, December 5, 2019 at 8:00 a.m. Eastern Time.“Revenue increased to $24.3 million in the fourth fiscal quarter, reflecting the first full quarter of contribution from the SDI acquisition. Together with the continued strength in demand for EMCORE’s Aerospace and Defense products, for the first time this end market represented nearly 60% of...

Research and real-world evidence support the use across a range of leukemias and lymphomas and demonstrate utility in multiple tissue types, including blood and bone marrowLate breaker presentation of CANDOR study includes secondary endpoint of improved NGS MRD negative Complete Response Rate at 12 monthsSEATTLE, Dec. 04, 2019 (GLOBE NEWSWIRE) — Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, and its collaborators will present data from more than 25 abstracts for Adaptive’s next-generation sequencing (NGS)-based clonoSEQ Assay at the 61st Annual Meeting of the American Society of Hematology (ASH) in Orlando, FL, December 7 – 10. clonoSEQ is the only FDA-cleared...

BROOMFIELD, Colo., Dec. 04, 2019 (GLOBE NEWSWIRE) — Noodles & Company (NASDAQ: NDLS) today announced the appointment of Elisa Schreiber as an independent member of its Board of Directors effective December 3, 2019. Jeff Jones, Chairman of the Board of Noodles & Company, commented, “We are excited to welcome Elisa Schreiber to our Board of Directors. Her extensive business experience in marketing and communications, with particular emphasis on emerging technologies, will be a tremendous asset as we activate our strategic priorities. We look forward to working with Elisa as we support Noodles & Company in reaching its significant growth potential.”Ms. Schreiber is currently the marketing partner at Greylock Partners, an early-stage venture capital firm headquartered in Silicon Valley, where she supports the firm’s portfolio...

ISSAQUAH, Wash., Dec. 04, 2019 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $13.62 billion for the retail month of November, the four weeks ended December 1, 2019, an increase of 6.7 percent from $12.77 billion last year.For the twelve-week first quarter ended November 24, 2019, the Company reported net sales of $36.24 billion, an increase of 5.6 percent from $34.31 billion last year.For the thirteen weeks ended December 1, 2019, the Company reported net sales of $39.95 billion, an increase of 6.3 percent from $37.57 billion during the similar period last year.Comparable sales were as follows:Comparable sales excluding the impacts from changes in gasoline prices and foreign exchange were as follows:E-commerce sales in November were negatively impacted by an...

TREVOSE, Pa., Dec. 04, 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 it has signed a definitive agreement to sell the assets of Oakmont Memorial Park & Mortuary (“Oakmont”) located in Lafayette, California, to Carriage Services, Inc. for a total purchase price of $33 million in cash, subject to customary working capital adjustments.Joe Redling, StoneMor’s President and Chief Executive Officer said, “The sale of Oakmont is a significant achievement in accordance with our previously announced divestiture strategy. It allows us to divest assets at attractive multiples, reduce debt levels and improve the cash flow and liquidity profile of the business.“Additionally, this sale represents a pivotal first...

LAS VEGAS, Dec. 04, 2019 (GLOBE NEWSWIRE) — Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced that it has commenced an underwritten public offering of 10,000,000 shares of its common stock (“the Offering”). The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price. All of the shares being offered are to be sold by the Company. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed.The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in...

SHANGHAI, China, Dec. 04, 2019 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS), a leading developer and operator of high-performance data centers in China, today announced that it has entered in to an equity purchase agreement to acquire all of the equity interests in target companies which own a data center campus in the Shunyi district of Beijing (the “Acquisition”), around 8 kilometers away from our existing Beijing 5 data center. The campus comprises three data centers with a total area in service and under construction of approximately 19,700 sqm, which is 100% committed or pre-committed by two of our current largest customers. We expect to complete the Acquisition in the first half of 2020, subject to customary closing conditions.The first of the three data centers, which we refer...

BOSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Brookline Bancorp, Inc. (the “Company”)(NASDAQ: BRKL), the bank holding company for Brookline Bank, Bank Rhode Island and First Ipswich Bank, today announced that the Board of Directors has approved a stock repurchase program for the Company.  The program authorizes the repurchase by the Company of up to $10 million of its total outstanding shares of common stock over a period of twelve months commencing on January 1, 2020 and ending on December 31, 2020.  The shares may be repurchased from time to time in the open market or negotiated transactions at prevailing market rates in accordance with federal securities laws.ABOUT BROOKLINE BANCORP, INC.Brookline Bancorp, Inc. is a multi-bank holding company for Brookline Bank, First Ipswich Bank, and Bank Rhode Island and their subsidiaries. Headquartered...