Day: March 18, 2020

Selskabsmeddelelse 14 2019/20 – INTERN VIDENAllerød den 18. marts 2020Matas’ finansielle forventninger til FY2019/20 suspenderesDe finansielle forventninger til regnskabsåret 2019/20 suspenderes i lyset af den aktuelle udvikling som følge af COVID-19 og Regeringens udmelding om lukning af dele af detailhandlen.I Danmark er der siden onsdag 11. marts 2020 gennemført en række tiltag for at begrænse spredningen af COVID-19. Disse tiltag har resulteret i vigende kundestrøm til detailhandlen generelt, hvilket også har afspejlet sig i vigende kundestrøm i Matas’ fysiske butikker, hvorimod den i forvejen høje onlinevækst er tiltaget yderligere.I lyset af udmeldingerne fra Statsministeren tirsdag den 17. marts 2020 med forbud mod større forsamlinger samt lukning af store dele af detailhandlen, undtaget dagligvarebutikker, apoteker og specialforretninger...

RIDGEFIELD, Conn., March 18, 2020 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ:CHEF), a premier distributor of specialty food products in North America, today announced that on March 18, 2020, the Company borrowed $100 million under its $150 million Asset-Based Loan Facility, maturing in March of 2022.  Inclusive of this borrowing, the Company has approximately $175 million in cash on its balance sheet at this time. The Company took this step to maintain appropriate liquidity during this period of extreme uncertainty.About The Chefs’ WarehouseThe Chefs’ Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States and Canada focused on serving the specific needs of chefs who own and/or operate some of the nation’s leading menu-driven independent...

HOUSTON, March 18, 2020 (GLOBE NEWSWIRE) — Dril-Quip Inc. (NYSE: DRQ), (the “Company” or “Dril-Quip”) said today that it was withdrawing its first quarter 2020 guidance provided in its year-end 2019 earnings release and conference call in late February.  This is in response to the current market uncertainty caused by COVID-19 disruptions, as well as the supply and demand pressures impacting the oil and gas industry.Blake DeBerry, Dril-Quip’s President and Chief Executive Officer, commented, “We continue to monitor the slowdown in worldwide business activity due to the global response to COVID-19.  In response to the COVID-19 outbreak and for the wellbeing of our customers, employees and vendors, we have implemented our business continuity plan, which includes staggered shifts in our manufacturing and after market operations,...

LONG ISLAND CITY, N.Y., March 18, 2020 (GLOBE NEWSWIRE) — Steve Madden (Nasdaq: SHOO), a leading designer and marketer of fashion-forward footwear, accessories and apparel for women, men and children, today announced the withdrawal of its fiscal year 2020 revenue and earnings guidance as a result of the increasing uncertainty related to the potential impact of COVID-19 on the Company’s global business operations.  Steve Madden is not providing updated guidance at this time.About Steve MaddenSteve Madden designs, sources and markets fashion-forward footwear, accessories and apparel for women, men and children.  In addition to marketing products under its own brands including Steve Madden®, Dolce Vita®, Betsey Johnson®, Blondo®, Report®, Brian Atwood®, Cejon®, GREATS®, BB Dakota®, Mad Love® and Big Buddha®, Steve Madden is a licensee...

CALGARY, Alberta, March 18, 2020 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) will announce its fourth quarter and fiscal year 2019 financial results today, Wednesday, March 18, after the market closure, one day earlier as previously announced. Senior Management Conference Call remains scheduled for Friday, March 20 at 8:00am MDT / 10:00am ET.The conference call may be accessed by dial in or via webcast:All remarks made during the conference call will be current at the time of the call and may not be updated to reflect subsequent material developments.Fourth quarter and fiscal year 2019 financial results will be available through the Investor Relations section of the company’s website. A replay of the webcast will be available on our website until...

TORONTO, March 18, 2020 (GLOBE NEWSWIRE) — Brookfield Select Opportunities Income Fund (the “Fund”) (TSX: BSO.UN) announces a distribution of C$0.15 per unit for the quarter ending March 31, 2020. The distribution will be paid on or before April 15, 2020 to holders of record on March 31, 2020.Eligible holders of the Units (“Unitholders”) may participate in the Fund’s Dividend Reinvestment Plan (“DRIP”), where they may elect to automatically reinvest their dividends in additional Units. Details of the DRIP are available on the Fund’s website at https://publicsecurities.brookfield.com/. Unitholders who wish to participate in the DRIP should contact their investment advisor for further information and to enroll.Brookfield Public Securities Group LLC (“PSG”) is registered as investment fund manager in Ontario, Quebec and Newfoundland...

MINNEAPOLIS, Minn., March 18, 2020 (GLOBE NEWSWIRE) — Hawkins, Inc. (Nasdaq: HWKN) today announced Company readiness plans amongst the current business dynamics.  Highlights include:Increased bleach production to meet demandRedundant plant capabilities to ensure business continuity in critical areas of our Water Treatment group to serve drinking water and wastewater needs of the many municipalities we supportIncreased inventory positions, where needed, to meet customer demands across all areas of the business, including agriculture, crop production and fertilizersWorking with suppliers to ensure business continuityImplementation of stringent procedures and practices to minimize potential spread of COVID-19Providing work from home opportunities where possible, flexibility with our leave policies, and working to do whatever it takes...

ELMIRA, N.Y., March 18, 2020 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, announced today that the Board of Directors of the Corporation approved a new stock repurchase program which replaces the previously authorized repurchase program.  Under the new repurchase program, the Corporation may repurchase up to 250,000 shares of its common stock, or approximately 5% of its outstanding shares.The repurchase program permits shares to be repurchased in open market or privately negotiated transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.Repurchases will be made at management’s discretion at prices management considers to be attractive...

WOONSOCKET, R.I., March 18, 2020 (GLOBE NEWSWIRE) — SUMR Brands (“SUMR Brands” or the “Company”) (NASDAQ: SUMR), a global leader in premium infant and juvenile products, today announced financial results for the fourth quarter and fiscal year ended December 28, 2019.Recent HighlightsNet sales were $42.7 million in the fourth quarter versus $40.0 million in the prior-year period and, for the full year, sales were $173.2 million in fiscal 2019 versus $173.6 million in fiscal 2018During the fourth quarter the Office of the U.S. Trade Representative announced the exclusion of tariffs on metal gates effective immediately, retroactive to September 2018; as a result, the Company recorded a $1.8 million receivable and a $1.5 million benefit to cost of goods sold during the quarterA 50% reduction in the List 4A tariffs...

FREMONT, Calif., March 18, 2020 (GLOBE NEWSWIRE) — ACM Research, Inc. (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today introduced the Ultra SFP ap tool for advanced packaging solutions. The Ultra SFP ap is designed to address yield issues arising from through-silicon via (TSV) processes and fan-out wafer-level packaging (FOWLP), such as copper overburden post-TSV fill and wafer warpage issues that plague FOWLP processes.The Ultra SFP ap leverages ACM’s proven stress-free polishing (SFP) technology and integrates it with chemical mechanical planarization (CMP) and wet-etch chambers into a single system. The process wafer moves through the chambers in a three-step approach to gently remove copper overburden and relieve wafer warpage before final...