Day: March 20, 2020
BURLINGTON, N.J., March 20, 2020 (GLOBE NEWSWIRE) — Burlington Stores, Inc. (NYSE: BURL), a nationally recognized off-price retailer of high-quality, branded apparel at everyday low prices, provided an additional update regarding the impact of COVID-19 on its business operations.The Company announced today that it will temporarily close all of its stores effective the end of business on March 22, 2020. Michael O’Sullivan, CEO, stated, “The health and safety of our associates and customers remain our highest priority. Given the growing risks associated with COVID-19, we have decided to temporarily close all of our stores. In order to assist impacted associates during this period, the Company will provide two weeks of financial support.”About Burlington Stores, Inc.Burlington Stores, Inc., headquartered in New Jersey, is a nationally...
Coronavirus Update: Knoll Pennsylvania Manufacturing Site to Temporarily Suspend Production
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EAST GREENVILLE, Pa., March 20, 2020 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands for the workplace and home, announced today that effective at midnight the Company is temporarily suspending production of certain workplace products at its East Greenville, Pennsylvania manufacturing site. This action complies with the March 19 executive order of the Governor of Pennsylvania to shut down non-life sustaining government offices and businesses to halt the spread of COVID-19.The East Greenville site employs approximately 350 hourly associates. The Company’s warehouse and distribution centers, including KnollTextiles, are not impacted by the Governor’s order; increased health and safety measures will be in place at these locations, including temperature checks.The Company said that it is working to...
Melcor REIT announces April distribution of $0.03 per unit to proactively strengthen our balance sheet
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EDMONTON, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.03 per unit for the month of April. This represents a reduction of 47% to the current distribution. The March distribution, payable April 15, 2020, will remain at $0.05625 per unit as announced on January 15, 2020.Darin Rayburn, CEO of the REIT commented: “We are navigating an unprecedented global challenge in the COVID-19 pandemic combined with the additional stress to Alberta’s energy industry due to the dramatic decrease in the price of oil.Both of these situations have been and may continue to impact our tenants, particularly if local health and government authorities implement further restrictions and shutdowns. While the recently announced...
Annual Meeting Change in Location
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IOWA CITY, Iowa, March 20, 2020 (GLOBE NEWSWIRE) — MidWestOne Financial Group, Inc. (the “Company”) previously distributed to its shareholders of record as of February 20, 2020, a Notice of Annual Meeting of Shareholders under the Securities and Exchange Commission’s Notice and Access rules, announcing that its 2020 Annual Meeting of Shareholders was scheduled for Thursday, April 16, 2020, at 2:00 p.m. at the Graduate – Iowa City.The location of the Annual Meeting is being changed as a result of recommendations from the Centers for Disease Control and Prevention limiting the number of persons that may gather at public events. In connection with those recommendations, the Company learned that its previous meeting location is no longer available. Company officials have assessed the situation and have determined to hold the meeting at...
MAGNOLIA COLOMBIA PROVIDES UPDATE ON PROPOSED REVERSE TAKEOVER TRANSACTION
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TORONTO, March 20, 2020 (GLOBE NEWSWIRE) —Magnolia Colombia Limited (“Magnolia” or the “Company”) (TSXV: MCO) is pleased to announce that the TSX Venture Exchange (“TSXV”) has approved a secured loan to Gamesquare Inc. (the “Target”) in the principal amount of up to $250,000 pursuant to a grid promissory note and general security agreement each dated March 19, 2020 (the “Target Loan”). The Target Loan bears interest at 10% per annum, is secured by all present and after-acquired assets of the Target, and must be repaid if the Transaction (defined below) is not completed. To date, the Company has advanced the full $250,000. A portion of the proceeds of the Target Loan was used by the Target to acquire Code Red Esports Ltd., which acquisition has been completed (the “Acquisition”). The remaining portion of the proceeds shall be used...
Mandalay Resources Corporation Provides Statement on COVID-19 and Management Controls in Place
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TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) reports today on business continuity protocols in place to manage ongoing risks posed by the Coronavirus (“COVID-19”) pandemic. Management has taken measures to reinforce safe work procedures, and all site leadership teams remain committed to the health and wellbeing of employees, contractors and their families. The priority remains the safety of workplaces and the ability for employees to conduct their work safely. To date, COVID-19 has not impacted production or the supply chain.The Coronavirus outbreak is present in all countries in which the Company operates, with cases being reported in Canada, Australia, Sweden and Chile. None of our employees and contractors have been diagnosed...
Zealand Pharma regains worldwide rights to Amylin analog program from Boehringer Ingelheim
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Company announcement – No. 07 / 2020Zealand Pharma regains worldwide rights to Amylin analog program from Boehringer IngelheimZealand Pharma regains the worldwide rights to the Amylin analog program including once-weekly lead molecule Boehringer Ingelheim will focus on the once-weekly GLP-1/glucagon analog BI 456906, which has also been licensed from Zealand Pharma and is advancing into Phase 2 development Zealand Pharma will decide on the next development steps for the Amylin analog program following a detailed evaluationCOPENHAGEN, Denmark, March 20, 2020 –Zealand Pharma A/S (“Zealand”) (NASDAQ: ZEAL) (CVR-no. 20 04 50 78) announces that Boehringer Ingelheim has returned a Amylin analog that was being developed for the treatment of obesity and Type 2 diabetes.“We have been collaborating with Boehringer Ingelheim on two candidates, both...
Dassault Systèmes: Availability of the 2019 Universal Registration Document
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Filing of the 2019 Universal Registration Document /2020 Financial ObjectivesVélizy-Villacoublay, France, March 20, 2020 – Dassault Systèmes (Euronext Paris: #13065, DSY.PA) announces the filing on March 19, 2020 of its 2019 Universal Registration Document (formerly known as the Document de reference and constituting the Annual Financial Report) with the Autorité des marchés financiers (AMF), in accordance with article 212-13 of AMF General Regulations (Règlement général).This document is available on Dassault Systèmes’ website at https://www.3ds.com/investors/ (heading Investors/Regulated information or Investors/Annual Reports). Hard copies of the 2019 Annual Report are also available upon request at Dassault Systèmes’ headquarters (10, rue Marcel Dassault, CS 40501 – 78946 Vélizy-Villacoublay, France).The following documents are included...
Dassault Systèmes : Mise à disposition du Document d’enregistrement universel 2019
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Dépôt du Document d’enregistrement universel 2019 /Objectifs financiers 2020Vélizy-Villacoublay, le 20 mars 2020 – Dassault Systèmes (Euronext Paris : #13065, DSY.PA) annonce que son Document d’enregistrement universel 2019 (anciennement Document de référence et valant rapport financier annuel) a été déposé auprès de l’Autorité des marchés financiers le 19 mars 2020 conformément à l’article 212-13 de son Règlement général.Ce document est disponible sur le site de la société à l’adresse https://www.3ds.com/fr/investisseurs/ (rubriques Investisseurs/Information réglementée ou Investisseurs/Rapports annuels). Des exemplaires du Document d’enregistrement universel sont également disponibles sur demande au siège de Dassault Systèmes (10, rue Marcel Dassault, CS 40501 – 78946 Vélizy-Villacoublay Cedex, France).Les documents suivants prévus par...
Euronet Worldwide Withdraws First Quarter 2020 Guidance in Response to COVID-19 Impact
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LEAWOOD, Kan., March 20, 2020 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc. (“Euronet” or the “Company”) (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, announced today the withdrawal of its previously announced first quarter 2020 outlook due to the evolving impact of the novel coronavirus (COVID-19) on the global economy. “Most importantly, our thoughts are with those impacted by this virus and we appreciate the medical professionals, government officials and volunteers who are working to address this unprecedented event,” stated Michael J. Brown, Euronet’s Chairman and Chief Executive Officer. “The health of our employees, partners, customers, and fellow citizens is our first priority and we will continue to work to ensure we operate safely, while continuing to run our...