Day: January 21, 2020

YUBA CITY, Calif., Jan. 21, 2020 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), today announced financial results for the quarter and year ended December 31, 2019.Consolidated financial highlights:Total assets as of December 31, 2019 reached a new record level of $442.3 million compared to $377.0 million as of December 31, 2018.Net income for the year ended December 31, 2019 also reached a new record level of $4.2 million or $1.68 per diluted share compared to $3.7 million or $1.48 per diluted share for the year ended December 31, 2018.Net income for the quarter ended December 31, 2019 totaled $1.0 million or $0.39 per diluted share compared to $0.8 million or $0.32 per diluted share for the...

HOUSTON, Jan. 21, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (VAALCO or the Company) today provided an operational update on its 2019/2020 drilling program offshore Gabon.  HighlightsSuccessfully completed a planned workover on the Etame platform for the Etame 10H well and restored 600 gross barrels of oil per day (BOPD), 160 net(1) BOPD to VAALCO;Reported stabilized production rates of 1,000 gross BOPD, 270 net BOPD to VAALCO from the Etame 4H well brought online in December 2019;Mobilized the drilling rig to the Southeast Etame North Tchibala (SEENT) platform and commenced drilling the Southeast Etame 4P appraisal wellbore which will evaluate a previously undrilled Gamba formation step out area;Pending positive results from the appraisal wellbore, VAALCO plans to promptly drill a third development...

RUSTON, La., Jan. 21, 2020 (GLOBE NEWSWIRE) — Century Next Financial Corporation (OTCQX: CTUY), the holding company of Century Next Bank, is pleased to announce it has been named to the 2020 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market.  The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year.  Companies in the 2020 OTCQX Best 50 were ranked based on their performance in 2019. “We are proud to have achieved this honor.  It is a reflection of our successful efforts over the past year to grow our consolidated company, increase our visibility among potential...

KIRKLAND, Wash., Jan. 21, 2020 (GLOBE NEWSWIRE) — Monolithic Power Systems (MPS) (Nasdaq: MPWR), a leading company in high performance analog solutions, today announced plans to report its financial results for the fourth quarter and year ended December 31, 2019.MPS will report its results after the market closes on Thursday, February 13th and host its quarterly teleconference at 2:00 p.m. PT / 5:00 p.m. ET. This call will be webcast live for all investors and archived on the company’s website at www.monolithicpower.com.To access the teleconference webcast, go to the Investor Relations page of the MPS website at http://ir.monolithicpower.com, and click on the webcast link under “Events and Presentations.” From this site, you can listen to the teleconference, assuming that your computer system is configured properly.In...

MCLEAN, Va., Jan. 21, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it completed the extension of its existing lease with T-Mobile USA, Inc. (“T-Mobile”) at its 2645 N. Airport Plaza Avenue office property in Springfield, MO.  T-Mobile will occupy the entire building for an additional five years through May 31, 2026.  Gladstone Commercial purchased the property in June 2011. In 2018, Gladstone Commercial expanded the property’s parking lot to help facilitate additional growth for T-Mobile. T-Mobile is an S&P 500 company and a leading communication services provider.  “Our excellent ongoing relationship with the T-Mobile team in Springfield led to their...

JERSEY CITY, N.J., and BOULDER, Colo., Jan. 21, 2020 (GLOBE NEWSWIRE) — Vexcel Imaging, a leader in aerial imagery data, large-format aerial cameras, and photogrammetry software, today signed a definitive agreement to acquire the imagery sourcing group from Verisk’s Geomni business. The acquisition will combine Geomni’s imagery surveying and content-related teams and assets into Vexcel. Verisk (Nasdaq:VRSK), a leading data analytics provider, will be a minority owner in Vexcel with full access to all aerial imagery libraries.The combination of Geomni’s fleet of fixed-wing aircraft and aerial operations, mapping business, and oblique aerial image library together with Vexcel’s sensor business and data program will create the world’s leading geospatial data library.Geomni’s analytics team and assets...

PHILADELPHIA, Jan. 21, 2020 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets and resort destinations, today announced the tax classification of its Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2019 for Federal income tax reporting purposes.  The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis.  Shareholders...

MONTREAL and TORONTO, Jan. 21, 2020 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP”), one of the world’s leading professional services firms and Altus Group Limited (TSX: AIF) (“Altus Group”), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that they have agreed, subject to definitive documentation, to combine their respective geomatics business units. The combined entity will be comprised of approximately 750 employees, with offices in Western Canada and Ontario.“We are pleased to announce our intention to form this new company, delivering on our commitment to challenge the status quo and optimize our operations on an ongoing basis,” stated Ryan Brain, President and Chief Executive Officer...

MONTRÉAL et TORONTO, 21 janv. 2020 (GLOBE NEWSWIRE) — Groupe WSP Global Inc. (TSX : WSP) (« WSP ») – l’une des plus importantes sociétés de services professionnels au monde – et Groupe Altus limitée (TSX : AIF) (« Groupe Altus ») – un chef de file en matière de prestation de services-conseils indépendants et de solutions logicielles et de données dans le secteur de l’immobilier commercial mondial– ont annoncé aujourd’hui qu’elles ont convenu, sous réserve de la documentation définitive, de regrouper leur unité de géomatique respective. L’entité combinée, qui comptera environ 750 employés, aura des bureaux dans l’Ouest canadien et en Ontario.«...

BATON ROUGE, La., Jan. 21, 2020 (GLOBE NEWSWIRE) — Lamar Advertising Company (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), intends to redeem in full all $510,000,000 in aggregate principal amount of its outstanding 5 3/8% Senior Notes due 2024 (CUSIP No. ‎513075BH3‎) (the “Notes”), subject to the satisfaction of the Financing Condition (as defined below). The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.The redemption is conditioned on Lamar Media completing one or more new debt financing transactions totaling at least $1.6 billion‎, or such lesser amount as Lamar Media determines...