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Year: 2019

URBN Reports Record Q3 Sales

PHILADELPHIA, Nov. 19, 2019 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, Terrain, Urban Outfitters and Nuuly brands and the Food and Beverage division, today announced net income of $56 million and $149 million for the three and nine months ended October 31, 2019, respectively. Earnings per diluted share were $0.56 and $1.47 for the three and nine months ended October 31, 2019, respectively.Total Company net sales for the three months ended October 31, 2019, increased 1.4% over the same period last year to $987 million. Comparable Retail segment net sales increased 3%, driven by growth in the digital channel, partially offset by negative retail store sales. By brand, comparable...

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Diffusion Pharmaceuticals Presents Early Findings Showing Increased Survival in Lead-in Portion of Phase 3 Glioblastoma Study with TSC plus Standard of Care

CHARLOTTESVILLE, Va., Nov. 19, 2019 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (Nasdaq: DFFN), a cutting-edge biotechnology company developing new treatments for life-threatening medical conditions by improving the body’s ability to bring oxygen to the areas where it is needed most, announces increased survival in inoperable glioblastoma patients enrolled in the 19-patient, open-label, dose-escalation lead-in portion of its Phase 3 study with Trans Sodium Crocetinate (TSC) plus standard of care (SOC).  John Gainer, Ph.D., the Company’s chief scientific officer, will present details of these findings at the inaugural Glioblastoma Drug Development Summit being held in Boston December 10-11, and sponsored by Hanson Wade. Dr. Gainer’s slide presentation will be posted to the Company’s website at www.diffusionpharma.com immediately...

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Lam Research Corporation Announces Participation at Upcoming Conference

FREMONT, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) — Lam Research Corporation (Nasdaq: LRCX) today announced its participation at an upcoming investor event:Tuesday, December 3,  2019  –  Credit Suisse 23rd Annual Technology Conference 11:05 a.m. Mountain Time.A live webcast of the presentation will be available to the public and can be accessed from the Investors’ section of Lam’s website at www.lamresearch.com.  A replay of the webcast will be available for two weeks after the presentation date.About Lam Research:Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. As a trusted, collaborative partner to the world’s leading semiconductor companies, we combine superior systems engineering capability, technology leadership, and unwavering commitment to customer...

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NETGEAR® Announces Retirement of John McHugh; Names Vikram Mehta His Successor

SAN JOSE, Calif., Nov. 19, 2019 (GLOBE NEWSWIRE) — NETGEAR, Inc. (NASDAQ: NTGR), the industry’s leading provider of leading-edge networking products for the home and office, today announced that John McHugh, its Senior Vice President, SMB Products and Services, plans to retire from the Company at the end of 2019.  NETGEAR also named Vikram Mehta as Mr. McHugh’s successor, and plans to appoint Mr. Mehta Senior Vice President, SMB Products and Services effective as of January 2, 2020.Mr. McHugh has been the leader of the Company’s SMB business over the last seven years, and will remain in his current role with the Company to ensure a smooth transition to Mr. Mehta.  Mr. Mehta previously served as CEO and President of Blade Network Technologies, which was acquired by IBM.  Prior to Blade, Mr. Mehta held senior roles at Nortel Networks,...

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TrustCo continues more than 100-year history of success, announces quarterly dividend

GLENVILLE, New York, Nov. 19, 2019 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today declared a quarterly cash dividend of $0.068125 per share, or $0.2725 per share on an annualized basis.  The dividend will be payable on January 2, 2020 to shareholders of record at the close of business on December 6, 2019.  TrustCo has paid a cash dividend every year since 1904.Chairman, President and Chief Executive Officer Robert J. McCormick said: “We are very pleased that our bank’s performance, driven by management’s commitment to the growth of the company, has enabled us to again provide our shareholders with a strong cash dividend.  Building on our previous successes and the continued cultivation of new customers in the communities we serve, allows us to deliver this important dividend. We are...

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Moratorium to Have No Impact on Berry’s 2019 Performance

DALLAS, Nov. 19, 2019 (GLOBE NEWSWIRE) — Today the Department of Conservation’s Division of Oil, Gas and Geothermal Resources announced a series of initiatives directed at California’s oil and gas industry, which are a result of legislation (AB 1057 – Limón) signed by Governor Gavin Newsom in October.  One of the primary initiatives is a “moratorium (which) prohibits new extraction wells that use a high-pressure cyclic steaming process to break apart a geological formation to extract oil.”  Following the release, Berry Petroleum Corporation (NASDAQ:BRY) (“Berry” or the “Company”) announced that this moratorium will not impact the company’s 2019 financial performance and only potentially impacts its future thermal diatomite wells. Additionally, the company has an extensive bullpen of drilling opportunities and a diverse asset portfolio...

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Freddie Mac Announces Pricing of $482 Million Multifamily Small Balance Loan Securitization

MCLEAN, Va., Nov. 19, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announces the pricing of the SB68 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $482 million in Multifamily SB Certificates (SB68 Certificates), which are anticipated to settle on or about November 22, 2019. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are generally backed by properties with five or more units. This is the eleventh SB Certificate transaction in 2019.SB68 PricingDetails:Co-Lead Managers and Joint Bookrunners: Wells Fargo Securities, LLC and J.P. Morgan Securities LLCCo-Managers: FHN Financial Capital Markets, Mischler Financial Group, Inc., Stifel, Nicolaus &...

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SmartCentres Declares Distribution for November 2019

TORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on December 16, 2019 to unitholders of record on November 29, 2019.SmartCentres offers Canadian unitholders the option to participate in a Distribution Reinvestment Plan (“DRIP”), a convenient and economical opportunity to automatically reinvest monthly distributions in additional units without the payment of any commissions, service charges or brokerage fees, at a price equal to 97% of the average TSX market price over the 10 business days preceding the monthly distribution date.  Additional information...

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Flat Tummy App Has Phenomenal Launch Babenation Can’t Get Enough

Westbook, Maine, Nov. 19, 2019 (GLOBE NEWSWIRE) — Synergy CHC Corp. (OTCQB: SNYR) – Three weeks ago Flat Tummy Co – a social media leader in the health & wellness space – announced the release of their new fitness and nutrition app. The Flat Tummy App is designed for women looking for a simple & effective way to start and maintain a healthy lifestyle.App Features & BenefitsThe Flat Tummy Lifestyle app was created by industry experts and is available for Apple and Android devices through the App Store, and Google Play. There is a free 7 day trial, and the longer you stick with your health & fitness journey, the more you save – $19.99 USD/month, $89.99 USD/ 6 months, or $119.99 USD/year.Not only is this app cost effective (as little as $.33/day), especially compared to other fitness apps...

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Bombardier Global 7500 Aircraft Receives Prestigious 2019 Ontario Professional Engineers Award

Award honours Bombardier’s world-class engineering teams for their ground-breaking work on the design of Global 7500 business jetEngineering effort involved coordination and collaboration with numerous major structural and systems suppliersAircraft assembled at Bombardier facility in Toronto using innovative and cutting-edge technologyThe Global 7500 aircraft development program has positively influenced the Ontario aerospace sectorWith its unrivaled combination of cabin comfort, long-range capabilities and signature smooth ride, the Global 7500 aircraft defines a new category of business jetsTORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — Bombardier’s multi-award winning Global 7500 business jet added another prestigious award to its growing list of accolades. The industry flagship is the 2019 recipient of the Ontario Professional Engineers...

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