Year: 2019

Conifex Announces Third Quarter 2019 Results

Written by Customer Service on November 15, 2019. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 15, 2019 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the third quarter ended September 30, 2019. Adjusted EBITDA from continuing operations* was negative $9.2 million for the quarter, which represented an improvement of $4.0 million over the second quarter of 2019, primarily attributable to increased operating earnings. A decrease in EBITDA from continuing operations** of $12.8 million compared to the previous quarter was primarily attributable to a quarter-over-quarter negative variance on our gain from the sale of duty refunds. Compared to the second quarter of 2019, adjusted EBITDA for the lumber segment increased by $2.9 million, for the bioenergy segment increased by $1.2 million and for corporate and other unallocated items declined...

Hammer Fiber Optics Holdings Corp Announces Results for Year Ended July 31, 2019

Written by Customer Service on November 15, 2019. Posted in Earnings Releases And Operating Results.

PISCATAWAY, N.J., Nov. 15, 2019 (GLOBE NEWSWIRE) — Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced operating and financial results for the fiscal year ended July 31, 2019. “This was a transformative year for Hammer,” said Erik Levitt, Hammer’s CEO. “During the period we integrated a number of companies into the portfolio and set the stage for organic growth in the fixed wireless and mobility business units.”Key results include:Total revenues for the fiscal year increased to $2,706,851 from $455,609, a 594% increase.The net loss from operations for the year decreased to $468,366 from $5,515,083, an 84.5% decrease.1stPoint Communications, Endstream Communications, Open Data Centers and Shelcomm are consolidated in Hammer’s results.Due to the termination of a lease on the 28Ghz spectrum it was using in the Atlantic City,...

Hurco Companies, Inc. Announces Quarterly Cash Dividend

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

INDIANAPOLIS, Nov. 15, 2019 (GLOBE NEWSWIRE) — Hurco Companies, Inc. (Nasdaq Global Select Market: HURC), an international industrial technology company, announced today that its Board of Directors approved the payment of a cash dividend of $0.12 per share on its issued and outstanding common stock. The dividend will be paid on January 16, 2020, to shareholders of record as of the close of business on January 2, 2020.Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.Hurco Companies, Inc. is an international, industrial technology company that sells its three brands of computer numeric control (CNC) machine tools to the worldwide metal cutting and metal forming industry. Two of the Company’s brands of machine tools, Hurco and Milltronics,...

FactSet Declares Dividend

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

NORWALK, Conn., Nov. 15, 2019 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.72 per share. The cash dividend will be paid on December 19, 2019 to holders of record of FactSet’s common stock at the close of business on November 29, 2019.About FactSetFactSet (NYSE:FDS | NASDAQ:FDS) delivers superior content, analytics, and flexible technology to help more than 126,000 users see and seize opportunity sooner. We give investment professionals the edge to outperform with informed insights, workflow solutions across the portfolio lifecycle, and industry-leading support from dedicated specialists. We’re proud to have been recognized...

JCPenney Reports Third Quarter 2019 Financial Results

Written by Customer Service on November 15, 2019. Posted in Earnings Releases And Operating Results.

PLANO, Texas, Nov. 15, 2019 (GLOBE NEWSWIRE) — J. C. Penney Company, Inc. (NYSE: JCP) today announced the following financial results for its fiscal third quarter ended Nov. 2, 2019, as compared to the third quarter ended Nov. 3, 2018 last year:Comparable store sales decreased 9.3 %; Adjusted comparable store sales decreased 6.6 %Cost of goods sold rate improved 350 basis pointsNet loss per share improved over last year to ($0.29)Inventory declined 9.0 % to $2.93 billionStrong liquidity position of approximately $1.7 billionCompany increased Adj. EBITDA1 guidance; Reaffirmed all other prior financial guidance“The past quarter was an exciting and energizing time at JCPenney as we made significant progress on our efforts to return JCPenney to sustainable, profitable growth,” said Jill Soltau, chief executive officer of JCPenney....

StorageVault Reports 2019 Third Quarter and Year to Date Results and Increases Dividend

Written by Customer Service on November 15, 2019. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX-V) reported the Corporation’s 2019 third quarter and nine months year to date results. Iqbal Khan, Chief Financial Officer, commented:“We continue to see strong same store performance, achieving 7% year over year increases in both revenue and NOI in Q3. Our focus continues to be on integrating and improving our operational performance.”2019 Third Quarter ResultsThe Q3 2019 net loss of $9.4 million (net loss of $6.4 million for Q3 2018) is after $20.5 million of depreciation and amortization, a non-cash item. Revenue for the third quarter increased to $37.3 million compared to $25.7 million in Q3 2018 and net operating income (“NOI”), a non-IFRS measure, grew to $24.8 million from $18.0 million for the comparative period.As...

RioCan Real Estate Investment Trust Announces November 2019 Distribution

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of November. The distribution will be payable on December 6, 2019 to unitholders of record as at November 29, 2019.About RioCanRioCan is one of Canada’s largest real estate investment trusts, with a total enterprise value of approximately $14.9 billion as at September 30, 2019. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at September 30, 2019, our portfolio is comprised of 225 properties with an aggregate net leasable area of approximately 39.3 million square feet including residential rental and 14 development properties...

TransUnion Declares Third-Quarter 2019 Dividend of $0.075 per Share

Written by Customer Service on November 15, 2019. Posted in Dividend Reports And Estimates.

CHICAGO, Nov. 15, 2019 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.075 per share for the third quarter 2019. The dividend will be payable on December 12, 2019 to shareholders of record on November 27, 2019. About TransUnionTransUnion is a leading global risk and information solutions provider to businesses and consumers. The company provides consumer reports, risk scores, analytical services and decisioning capabilities to businesses. Businesses embed its solutions into their process workflows to acquire new customers, assess consumer ability to pay for services, identify cross-selling opportunities, measure and manage debt portfolio risk, collect debt, verify consumer identities and investigate potential fraud. Consumers use its solutions to view their credit...

BioElectronics Announces New Management Team

Written by Customer Service on November 15, 2019. Posted in Public Companies.

FREDERICK, MD, Nov. 15, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — BioElectronics Corporation (OTC PINK: BIEL), www.bielcorp.com, is pleased to announce that after seeking legal counsel a Board of Directors and Company officers have been appointed/re-affirmed. These changes follow the unexpected passing of the Company’s founder, President and CEO Mr. Andrew Whelan, in October 2019.Pursuant to Section 2 of Article III of BioElectronics Corporation’s Bylaws, and as a prior requirement that the Board of Directors shall constitute three (3) directors, the individuals identified below have been appointed as a Director of the Corporation, each to hold such position:Patricia A. Whelan: Chairman of the BoardKeith E. Nalepka: Executive MemberKelly A. Whelan: Executive MemberFurther, pursuant to Section 1 and Section 9 of Article...

Novartis receives positive CHMP opinion for Mayzent® (siponimod) for the treatment of adult patients with active secondary progressive multiple sclerosis (SPMS)

Written by Customer Service on November 15, 2019. Posted in Public Companies.

If approved, Mayzent® (siponimod) will be the first and only oral treatment specifically indicated for patients with active secondary progressive multiple sclerosis (SPMS) in Europe[1]) CHMP opinion is based on the Phase III EXPAND trial, the largest randomized clinical study in a broad SPMS patient population (EDSS score 3.0 to 6.5 at baseline), showing Mayzent significantly reduced the risk of disease progression, including physical disability and cognitive decline[2] Up to 80% of patients with relapsing remitting multiple sclerosis (RRMS) will develop SPMS[3]; if approved, Mayzent would be a viable treatment option for those patients with active SPMSBasel, November 15, 2019 — Novartis today announced the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion for Mayzent®...

Year: 2019

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