Day: March 17, 2020

SOTHERLY HOTELS INC. PROVIDES UPDATE ON OPERATIONS RELATED TO COVID-19; ANNOUNCES SUSPENSION OF COMMON STOCK AND PREFERRED DIVIDENDS

WILLIAMSBURG, Va., March 17, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that it has implemented rigorous cost-savings measures to minimize the impact of revenue declines resulting from cancellations, corporate travel restrictions, and government mandated closures related to concerns surrounding COVID-19. The Company is taking the following actions at the property and corporate level:The Company is working with its management partners to implement aggressive cost control measures at the property-level in order to minimize impact to profitability. Included in this policy, the Company is deferring all non-vital capital expenditures at its properties.Corporate G&A has been significantly decreased, including immediate reductions in compensation and benefits for all corporate staff....

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DOUGLAS DYNAMICS ANNOUNCES PRECAUTIONARY TEMPORARY CLOSURE OF ITS FACILITIES

MILWAUKEE, March 17, 2020 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will temporarily close all U.S. locations effective Wednesday, March 18th through Sunday, March 29th. At this time, the Company plans to reopen its facilities on Monday, March 30th.The Company made this precautionary decision to protect the health, safety and well-being of its employees and their families, and to support the public health efforts to reduce transmission of the COVID-19 virus. To date, the Company is not aware of any employee at any facility who has tested positive for COVID-19.Bob McCormick, President and CEO, explained, “We are taking these precautionary measures to protect the health and safety of our employees, which...

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FormFactor Provides Business Update for the Fiscal Quarter Ending March 28, 2020

LIVERMORE, Calif., March 17, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (NASDAQ:FORM) is providing the following business update:On March 16, 2020, multiple Bay Area counties in California issued “shelter-in-place” orders (“Orders”).  We are complying with the Orders by temporarily ceasing on-site manufacturing at our Livermore and San Jose facilities effective March 17, 2020.  This will impact the Company’s manufacturing of certain products, and therefore may impact our ability to meet our fiscal first quarter 2020 financial outlook as previously communicated. We are also closely monitoring impacts to our supply chain which may result from these Orders and other developments globally. Our first quarter 2020 financial outlook was communicated on February 5, 2020 based upon information available as of that time. As a result of the...

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Teck COVID-19 Response Measures

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Teck is implementing extensive preventative measures across its offices and operations in order to safeguard the health of its employees, while continuing to operate safely and responsibly maintain employment and economic activity.All Teck corporate offices have been closed and remote work implemented for all employees able to do so. Other measures being put into place at Teck’s operations include:Reducing or eliminating in person meetings and other large gatheringsEnhanced cleaning and disinfecting protocols, including frequent disinfecting of employee buses and work areasPromoting personal preventative measures, such as frequent handwashingScreening all contractors and external visitors to site for risk factors and symptomsIncreasing social distancing practices at...

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L’Oréal: News Release: “Annual General Meeting of Tuesday 21 April 2020 / 2019 Universal Registration Document / 2020 Outlook”

Clichy, Tuesday 17 March 2020ANNUAL GENERAL MEETING OF TUESDAY 21 APRIL 20202019 UNIVERSAL REGISTRATION DOCUMENT2020 OUTLOOKInformation available regarding the Annual General Meeting to be held on Tuesday 21 April 2020 and the 2019 Universal Registration Document.ANNUAL GENERAL MEETING SET FOR TUESDAY 21 APRIL 2020:L’Oréal informs its shareholders that its Annual General Meeting will be broadcast live and in its entirety on the site www.loreal-finance.com from 41 rue Martre in Clichy, L’Oréal administrative headquarters, on Tuesday 21 April 2020, at 10 a.m.Information regarding this meeting was published in the BALO (Bulletin des Annonces Légales Obligatoires) on Monday 16 March 2020 and includes the agenda, the draft resolutions and details on attending and voting. This notification about the meeting together with the Board of Directors’...

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L’Oréal : Communiqué : “Assemblée Générale Mixte du mardi 21 avril 2020 / Document d’Enregistrement Universel 2019 / Perspectives 2020”

Clichy, le mardi 17 mars 2020ASSEMBLÉE GÉNÉRALE MIXTE DU MARDI 21 AVRIL 2020DOCUMENT D’ENREGISTREMENT UNIVERSEL 2019PERSPECTIVES 2020Modalités de mise à disposition des informations relatives à l’Assemblée Générale Mixte des actionnaires du mardi 21 avril 2020 et du Document d’Enregistrement Universel 2019.ASSEMBLÉE GÉNÉRALE DU MARDI 21 AVRIL 2020 :L’Oréal informe ses actionnaires que son Assemblée Générale Mixte sera retransmise en direct et dans son intégralité sur le site www.loreal-finance.com depuis le 41 rue Martre à Clichy, siège administratif de L’Oréal, le mardi 21 avril 2020 à 10h00.L’avis de réunion a été publié au BALO (Bulletin des Annonces Légales Obligatoires) le lundi 16 mars 2020 et contient l’ordre du jour, le projet de résolutions et les principales modalités de participation et de vote à cette Assemblée. Cet avis de...

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Black Hills Corp. Responds to COVID-19, Suspends Service Disconnections

RAPID CITY, S.D., March 17, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that in response to the COVID-19 pandemic it has activated its corporate response team to focus efforts on its highest priority, the health and safety of employees, customers, business partners and the communities it serves.The company also activated its business continuity plan and has taken steps to ensure that Black Hills continues to serve customers the safe, essential energy they need and expect. The continuity plan provides necessary resources to keep operations and facilities safe and secure and support ongoing energy delivery. To date, the company has not experienced any significant impacts on the delivery of energy to its 1.3 million utility customers.  “Our highest priority is the safety and health of our employees, customers...

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CARDINAL ENERGY LTD. ANNOUNCES FOURTH QUARTER 2019 YEAR-END FINANCIAL RESULTS AND UPDATED CAPITAL BUDGET AND DIVIDEND SUSPENSION

CALGARY, Alberta, March 17, 2020 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce its operating and financial results for the fourth quarter and year ended December 31, 2019.2019 FINANCIAL HIGHLIGHTSProduction for the fourth quarter of 2019 averaged 20,227 boe/d with crude oil production increasing by 1% over the third quarter of 2019.  As the Company is no longer limited by the Alberta government’s curtailment program, current production in March is approximately 21,500 boe/d (18,400 bbl/d of crude oil) or 10% higher than the fourth quarter of 2019 average;We generated $121.9 million or $1.06 per share of adjusted funds flow(1) in 2019 representing a 43% increase over 2018;Cardinal continued to generate free cash flow(1) during the quarter bringing...

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VEECO PROVIDES BUSINESS UPDATE RELATED TO COVID-19 FOR FIRST QUARTER 2020

PLAINVIEW, N.Y., March 17, 2020 (GLOBE NEWSWIRE) — Veeco Instruments Inc. (NASDAQ: VECO) is providing a business update related to the worldwide COVID-19 (coronavirus) outbreak. Veeco’s highest priority is the health and well-being of our employees, customers, suppliers and stakeholders. As COVID-19 continues to spread, we have taken precautions to protect employees and visitors while minimizing the risk of disruption to our business, where possible.On March 16, 2020, several California counties issued a “shelter-in-place” directive related to the COVID-19 virus which has rendered our San Jose facility and possibly the facilities of certain customers unable to operate until April 7, 2020. These government directives may impact our ability to meet our guidance for the first quarter of 2020. As a result, given the additional...

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Kilo Goldmines Announces Election of New Directors

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Kilo Goldmines Ltd. (“Kilo” or the “Company”) (TSX VENTURE: KGL) announced that, subject to regulatory approval, Mr. Donat Madilo and Mr. Michael Cooper were elected to the board of directors of the Company at the annual and special meeting of shareholders of the Company held on Monday, March 16, 2019 (the “Meeting”). They join Mr. James Mustard on the board who was also re-elected at the Meeting. Mr. David Netherway and Mr. Loudon Owen, long standing directors of the Company, did not stand for re-election at the Meeting and the Company wishes to thank them for their contributions while in office.  Mr. Madilo is currently Chief Financial Officer of Loncor Resources Inc., a junior mining and exploration company listed on the Toronto Stock Exchange and has over 30 years of experience in accounting,...

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