Day: March 17, 2020

NEW YORK, March 17, 2020 (GLOBE NEWSWIRE) — Griffin Industrial Realty, Inc. (Nasdaq: GRIF) (“Griffin”) announced that in the three months ended February 29, 2020 (the “2020 first quarter”) it executed three new leases totaling approximately 115,000 square feet, reflecting approximately 108,000 square feet of industrial/warehouse space and approximately 7,000 square feet for the restaurant building in Griffin Center, in Windsor, Connecticut. The leases of industrial/warehouse space included approximately 60,000 square feet in 6975 Ambassador Drive, the approximately 134,000 square foot industrial/warehouse building in the Lehigh Valley of Pennsylvania that was completed in fiscal 2018 and was substantially leased as of February 29, 2020, and approximately 48,000 square feet in New England Tradeport (“NE Tradeport”), Griffin’s industrial...

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that as a result of the uncertainty surrounding coronavirus disease 2019 (COVID-19), its duration, and its business impact, it is withdrawing previously-disclosed financial guidance for the first quarter of 2020 (Q1 2020).On March 16, 2020, multiple Bay Area counties in California issued a “shelter-in-place” order, effective March 17, 2020 in response to the spread of COVID-19. As a result, Celestica is required to temporarily stop work on-site at our operations in Santa Clara County and Alameda County until April 7, 2020. Furthermore, the Malaysian government issued an order to close certain business activities between March 18 and...

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Fintech Select Ltd. (“Fintech Select” or the “Company”) (TSX-V: FTEC) is announcing that it has applied to the TSX Venture Exchange for approval to amend the exercise price and expiration of certain outstanding warrants (the “Warrants”). The Warrants’ exercise price and expiry date are detailed below. Each of these warrants will be amended to reflect an exercise price of six (6) cents each. In accordance with TSX-V policies, the Warrants will also be amended to include an acceleration clause whereunder the exercise period of Warrants will be reduced to thirty (30) days, if, for any ten consecutive trading days during the unexpired term of the Warrants, the closing price of the Company’s listed shares exceeds the price of 7.5 cents per share. The Warrants will also be extended to June 30,...

SAN DIEGO, Calif., March 17, 2020 (GLOBE NEWSWIRE) — Obalon Therapeutics, Inc. (NASDAQ:OBLN), a vertically integrated weight loss solutions company commercializing the first and only FDA-approved swallowable, gas-filled intragastric balloon system for the treatment of obesity, announces that it has temporarily suspended sales of its novel weight loss treatment to new patients at its existing retail treatment centers in San Diego and Orange County, California as a precaution against the spread of the coronavirus (COVID-19). The retail treatment centers will continue to fully treat and care for patients already in treatment with the Obalon Balloon System, and non-essential personnel will work remotely.“The safety, health and well-being of our patients, employees and providers remain our highest priority, therefore we are taking these...

CHATTANOOGA, Tenn., March 17, 2020 (GLOBE NEWSWIRE) — In the press release for the fourth quarter and full year 2019, gross profit, restructuring and impairment charges, income taxes, net income, earnings per share and certain balance sheet items, including inventory, have all been updated to reflect a change in the accounting treatment of our GEFCO business.  In the earlier press release, GEFCO’s net assets were treated as “assets held for sale” and its net assets were reduced to their estimated fair value based upon early indications of interest from potential purchasers. Currently, the sale of the GEFCO business under the terms and timing contained in the early indications of interest is unlikely.  As a result, the value of the GEFCO’s assets is now accounted for as “assets held and used.”  The Company’s current plan is to exit...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Olivut Resources Ltd. (“Olivut” or the “Company”) (TSXV:OLV) announces today that its annual general and special meeting (the “Meeting”) of holders of common shares of the Company, which was originally to be held on March 25, 2020 at 2:00 p.m. (Eastern Time) at the offices of Stikeman Elliott LLP will now be held at the Company’s offices on March 25, 2020 at 12:30 p.m. (Mountain Time).Due to ongoing concerns regarding the Coronavirus (COVID-19) and to mitigate risks to the health and safety of our communities, other shareholders, employees and other stakeholders, the Company strongly encourages that all shareholders wishing to listen to the Meeting do so by calling the number below. The Company...

RENO, Nev., March 17, 2020 (GLOBE NEWSWIRE) — Monarch Casino & Resort, Inc. (NASDAQ: MCRI) (“Monarch” or “the Company”) announced that it has temporarily suspended operations at Monarch Casino Black Hawk, pursuant to an order from Colorado Governor Jared Polis. The property has closed for a period of 30 days beginning 12:00 a.m. local time on Tuesday, March 17, 2020.“Our entire team in Black Hawk has been working diligently to actively address the COVID-19 risk by taking additional precautions throughout the facility to ensure the health and safety of our guests and team members,” said John Farahi, Co-Chairman and Chief Executive Officer of Monarch. “We will remain in active dialog with federal, state and local officials and look forward to safely welcoming guests back to the property once the temporary shutdown ends.”About...

TORONTO, March 17, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) announced today that the Company determined, on the recommendation of the Audit Committee of the Company’s Board of Directors and after consultation with KPMG LLP, the Company’s independent registered public accounting firm, that Cronos Group’s previously issued unaudited interim financial statements for first, second and third quarters of 2019 prepared in accordance with International Financial Reporting Standards as filed on SEDAR, and with the U.S. Securities and Exchange Commission on Form 6-K, will be restated and reissued and should no longer be relied upon.As previously announced, the Audit Committee of the Company’s Board of Directors has been conducting a review of certain bulk resin purchases and sales...

NASHVILLE, Tenn., March 17, 2020 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) today announced that today it completed a $400 million draw from its existing $700 million revolving line of credit as a precaution to ensure funds are available to meet its obligations for a sustained period of time. When combined with the approximately $285 million of cash on hand referenced in the press release dated March 15, 2020, the Company has approximately $685 million of cash and $300 million of remaining availability on its credit facility, the full amount of which is available for borrowing at any time, for total liquidity of $985 million.The Company’s first quarter 2020 dividend, which was specifically authorized by the Company’s Board on February 25, 2020, in the amount of $0.95 per common share will be...

MAHWAH, N.J., March 17, 2020 (GLOBE NEWSWIRE) — ascena retail group, inc. (Nasdaq: ASNA) (“ascena” or the “Company”) today provided a business update on COVID-19.Store ClosuresIn response to the escalating global spread of COVID-19, the Company will temporarily close all Company-operated retail stores, effective March 18 through March 28. During this temporary closure period, all store associates will receive compensation for their scheduled shifts.The brands will continue to operate and serve their customers online at AnnTaylor.com, factory.anntaylor.com, LOFT.com, outlet.loft.com, louandgrey.com, lanebryant.com, Catherines.com, and shopjustice.com during the stores closure period. ascena will continue to monitor the global spread of COVID-19 and communicate with its stakeholders to the extent there are any updates to this timeline.Gary...