Year: 2019

EXTON, Pa., Dec. 12, 2019 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on January 3, 2020 to shareholders of record on December 24, 2019.  In determining the amount of a regular quarterly dividend, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend.This news release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict, and may be beyond the ability of our control.Certain...

GARDEN CITY, N.Y. and REHOVOT, Israel, Dec. 12, 2019 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR), a clinical-stage medical device and biopharmaceutical company focused on developing inhaled Nitric Oxide (NO) for the treatment of patients with respiratory conditions including serious lung infections and pulmonary hypertension, announced today the closing of its previously announced underwritten public offering of 2,620,199 shares of common stock, including 295,199 shares sold pursuant to the underwriters’ partial exercise of their option to purchase additional shares, at a public offering price of $3.66 per share.Concurrent with the public offering, the Company sold, in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), 532,786 shares of common stock...

ISSAQUAH, Wash., Dec. 12, 2019 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the first quarter (twelve weeks) of fiscal 2020, ended November 24, 2019.Net sales for the first quarter were $36.24 billion, an increase of 5.6 percent from $34.31 billion last year.Comparable sales for the first quarter fiscal 2020 were as follows:*Excluding the impacts from changes in gasoline prices and foreign exchange.Total and comparable sales were negatively impacted by approximately one-half percent due to Thanksgiving occurring a week later this year. E-commerce sales in the quarter were negatively impacted by an estimated 12 percentage points.Net income for the quarter was $844 million, or $1.90 per diluted share, compared to $767 million, or $1.73 per diluted...

— Appointment of Frank DeRosa, Ph.D. to Chief Technology Officer, and transition of Michael Heartlein, Ph.D. to Executive Vice President and Founder —— Appointment of Paul Burgess to Chief Operating Officer —LEXINGTON, Mass., Dec. 12, 2019 (GLOBE NEWSWIRE) — Translate Bio, Inc. (Nasdaq: TBIO), a clinical-stage messenger RNA (mRNA) therapeutics company developing a new class of potentially transformative medicines to treat diseases caused by protein or gene dysfunction, today announced two executive appointments supporting the Company’s continued growth and leadership in the development of mRNA therapeutics. Frank DeRosa, Ph.D. has been appointed chief technology officer. The Company’s scientific founder and current chief technology officer, Michael Heartlein, Ph.D. will transition to the newly created role...

NASHVILLE, Tenn., Dec. 12, 2019 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced the closing of its previously announced underwritten public offering of 3,000,000 shares of its common stock, par value $0.01 per share, at a price to the public of $85.60 per share (the “Offering”). On December 11, 2019, the underwriters exercised in full their option to purchase an additional 450,000 shares of common stock on the same terms, resulting in aggregate net proceeds of approximately $283 million, after deducting underwriting discounts and commissions and other estimated expenses of the Offering payable by the Company.BofA Securities, J.P Morgan, Wells Fargo Securities, Deutsche Bank Securities and Raymond James acted as joint book-running managers for the Offering. BTIG, Credit Agricole CIB,...

NEWARK, Calif., Dec. 12, 2019 (GLOBE NEWSWIRE) — ShotSpotter, Inc. (NASDAQ: SSTI), the leader in solutions that help law enforcement officials identify, locate and deter gun violence, announced today that it will host an Investor Day on Tuesday, December 17, 2019 from 1:00 p.m. to 4:30 p.m. Pacific Time at the Company’s headquarters in Newark, California.ShotSpotter’s executive management team will discuss how the Company’s gunshot detection, location and forensic analysis technology is helping to reduce gun violence in over 100 cities. Attendees will also tour ShotSpotter’s Incident Review Center (IRC) and see a demonstration of Missions, which supports precision-oriented policing strategies.A live audio webcast of the event and slide presentation will be made available via the investor relations page of the company’s website....

MALVERN, Pa., Dec. 12, 2019 (GLOBE NEWSWIRE) — CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.33 per common share for the period ending December 31, 2019.  The dividend is payable on January 15, 2020 to common shareholders of record on January 2, 2020.  The quarterly distribution represents an annualized dividend rate of $1.32 per share, an increase of $0.04 per share from the previous annual rate of $1.28 per share. “We are pleased to increase our quarterly dividend by 3.1%, demonstrating the strength of our operating platform to generate consistent cash flow growth throughout the real estate cycle,” commented Christopher P. Marr, President and Chief Executive Officer. “We are maintaining our conservative payout ratio to provide additional capital to fund future investment...

MEMPHIS, Tenn., Dec. 12, 2019 (GLOBE NEWSWIRE) — First Horizon Bank, the banking subsidiary of First Horizon National Corporation (NYSE:FHN), announced the launch of a promotional campaign about its new line of checking products designed to simplify and reward customers.  The bank’s three new checking products reward clients for depth and loyalty of their relationship.The new accounts ­— FirstView, SmartView and TotalView Checking — come with a new set of features and benefits based on how customers prefer to access their banking services. A customer may choose a savings account at no additional charge with each product, premium interest on checking balances, and additional bonus interest based on the customer’s longevity with the bank.“Our customers let us know that they prioritize simple, clear products which solve the financial...

VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — FORTEM RESOURCES INC. (TSXV: FTM; OTCQB: FTMR) (the “Company” or “Fortem”) would like to provide its shareholders with a general corporate update regarding its Utah assets and its previously disclosed cease trade order (“CTO”) issued by the Alberta Securities Commission (“ASC”).Utah AssetsFurther to the Company’s news release dated September 23, 2019, the Company is pleased to report that it has now come to terms with its partners in Utah to acquire the remaining 25% working interest from Rockies Standard Oil Company LLC and WEM Dragon LLC, along with eliminating their cash and well drilling obligation under each agreement. The aforementioned terms are to be incorporated into two definitive agreements (together, the “Definitive Agreements”) with each of Rolling Rock Resources,...

MONTREAL, Dec. 12, 2019 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Corporation” or “Osisko Metals”) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the completion of the non-brokered private placement of 14,000,000 units of the Corporation (“Units”) at $0.50 per Unit for gross proceeds of up to C$7,000,000 (the “Offering”) which was previously announced in a news release dated December 3, 2019. Each Unit consists of one common share of the Corporation (each a “Common Share”) and one quarter (1/4) of one Common Share purchase warrant (each whole Common Share purchase warrant a “Warrant”). Each Warrant entitles its holder to acquire an additional Common Share at $0.52 per Common Share for 36 months following the closing of the Offering. The exercise price of the Warrants was fixed at a value equal to a 25%...