Year: 2019

TULSA, OK, Dec. 09, 2019 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or “the Company”) today announced that it has closed a bolt-on acquisition of 4,475 contiguous net acres in Glasscock County for $65 million, further delivering on the Company’s strategy of acquiring properties that can improve the Company’s capital efficiency and enhance Free Cash Flow1 generation. The acquisition was funded with the Company’s $1.0 billion senior secured credit facility, resulting in outstanding borrowings of $245 million at December 6, 2019.Acquisition HighlightsCurrent net production of 1,400 barrels of oil equivalent (“BOE”) per day (55% oil)Approximately 45 total gross (35 net) expected locations across the Lower Spraberry, Upper Wolfcamp and Middle Wolfcamp formations at 1,320′...

MIAMI, Dec. 09, 2019 (GLOBE NEWSWIRE) — Amerant, the largest community bank headquartered in Florida, opened its newest banking center in the city of Boca Raton. Located at 2301 Glades Road, Bay 200, the new center is headed by market manager, Roland Minias.The new 2,896 square-foot banking center is designed to provide the financial needs of its individual and business banking customers with quality products and services. Offering Amerant customers a convenient walk-up ATM and remote drive-thru, the Boca Raton Banking Center provides a forward-thinking banking experience to its customers.“We are excited to continue expanding throughout South Florida in order to bring Amerant’s unique and convenient banking experience closer to customers in different parts of the region,” said Miguel Palacios, Chief Business Officer of Amerant.“I...

Award-winning human resources executive brings more than 20-years of experience to roleTEMPE, Ariz., Dec. 09, 2019 (GLOBE NEWSWIRE) — US-headquartered First Solar, Inc. (Nasdaq: FSLR) today announced that Caroline Stockdale will lead the Company’s human resources and communications function, overseeing a global workforce of over 6,500 associates. She replaces Chris Bueter, who will continue in an advisory role until his retirement on April 1, 2020. “At First Solar, people are our towering strength. We went through an extensive search process to find a leader who would be the right fit to take our people – and therefore our business – to the next level,” said Mark Widmar, Chief Executive Officer, First Solar. “Caroline brings strategic thinking and problem-solving skills gained from working in disruptive industries that have had...

EINDHOVEN, The Netherlands, Dec. 09, 2019 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will host an open house for the investment community at the 2020 Consumer Electronics Show. The event will enable buy-side and sell-side participants to engage with various NXP business leaders and experience product demonstrations to better understand the Company’s initiatives.Specific details:When: January 7, 2020, 8:30am to 9:30am PSTWhere: Consumer Electronics Show, Las Vegas NV, Central Plaza, location 18.During the open house, NXP will not facilitate private meetings with investors or analysts, nor provide an update to current business conditions as the Company will be in its quiet period ahead of fourth quarter earnings.Pre-registration is not required.About NXP SemiconductorsNXP Semiconductors N.V. (NASDAQ:...

HORSHAM, Pa., Dec. 09, 2019 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, today announced results for its fourth quarter and fiscal year ended October 31, 2019.FY 2019’s Fourth Quarter Financial Highlights (Compared to FY 2018’s Fourth Quarter):Net income and earnings per share were $202.3 million and $1.41 per share diluted, compared to net income of $311.0 million and $2.08 per share diluted in FY 2018’s fourth quarter.Pre-tax income decreased 31% to $272.6 million, compared to $396.5 million in FY 2018’s fourth quarter.Home sales revenues were $2.29 billion, down 7%; home building deliveries were 2,672, down 1%.Net signed contract value was $1.68 billion, up 12%; contract units were 2,031, up 18%.Backlog value at fourth-quarter end was $5.26 billion, down...

SAN MATEO, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) — Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $691.3 billion at November 30, 2019, compared to $693.1 billion at October 31, 2019. The decrease in assets under management was due to net outflows that offset market gains. Preliminary average assets under management for the quarter, through November 30, 2019, were $692.3 billion.Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating as Franklin Templeton. Franklin Templeton’s goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes,...

MITCHEL FIELD, N.Y., Dec. 09, 2019 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ: FEIM), will hold a conference call to discuss results for the second quarter of its fiscal year 2020, ended October 31, 2019, on Thursday, December 12, 2019, at 4:30 PM Eastern Time.This call is being webcast by Shareholder.com and can be accessed in the Investor Relations section of Frequency’s web site at www.freqelec.com.  Investors and analysts may also access the call by dialing 1-844-407-9500.  International callers may dial 862-298-0850.  Ask for the Frequency Electronics conference call.A telephone replay of the archived call will be available at 1-877-481-4010 (domestic), or 1-919-882-2331 (international), use pin 56885, for one week following the call. Subsequent to that, the call can be accessed via a link available on the company’s...

ROCKVILLE, Md., Dec. 09, 2019 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, is providing an update on the results from the first Phase III study (P301) of SPN-810, a novel treatment of Impulsive Aggression (IA) in patients with ADHD.In early November 2019, the Company reported topline results from the Phase III P301 trial in patients 6 to 11 years. The study was a randomized, double-blind, placebo controlled, multicenter, parallel group clinical trial in patients diagnosed with ADHD. Patients receiving SPN-810 36mg showed a median percent reduction of 58.6% in the average weekly frequency of impulsive aggression episodes from baseline that was not statistically significant (p=0.092)...

CAMP HILL, Pa., Dec. 09, 2019 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC) announced today that its Environmental division has made a C$3M investment into Carbicrete, a Canadian technology company developing cement-free, carbon-negative concrete products made with steel slag for the construction industry.The innovation investment will give Harsco Environmental a Board seat in Carbicrete and has been made in conjunction with a C$2.1M grant from the Government of Canada’s Sustainability Development Technology Canada Foundation and applications to further government grant programs. Harsco’s investment will allow for the development of the innovative technology through a demonstration program with support from a commercial concrete block manufacturer as part of a development consortium.“This investment in innovation is aligned...

SAN RAMON, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO), will present at the J.P. Morgan Healthcare Conference in San Francisco, Calif., on January 14, 2020. Albert G. White III, President and Chief Executive Officer, will represent the Company in a presentation scheduled to begin at 4:30PM PT (7:30PM ET).A live audio webcast of the presentation will be available on the Investor Relations section of the Company’s website at http://investor.coopercos.com.About CooperCompaniesCooperCompanies (“Cooper”) is a global medical device company publicly traded on the NYSE (NYSE:COO). Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact...