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Day: March 20, 2020

Uniroyal Global Engineered Products, Inc. Reports Financial Results for the Fiscal Year Ended December 29, 2019

SARASOTA, Fla., March 20, 2020 (GLOBE NEWSWIRE) — Uniroyal Global Engineered Products, Inc. (OTCQB:UNIRD) today reported financial results for the Fiscal Year Ended December 29, 2019.Financial SummaryNet Sales declined 8.5% to $91.1 million vs. $99.6 million in the prior year.Net Income declined to $961,423 vs. $1,246,797 in the prior year.Loss per Common Share of $0.58 vs. loss of $0.50 in the prior year, adjusted for the one-for-five reverse stock split effective February 24, 2020.Overview         From a macro financial perspective, Fiscal Year 2019 was a very difficult year.  Management was quick to respond to the economic conditions and put in place operational cost reduction programs.  However, the progress was masked as a result of non-recurring charges as explained below.Net Sales declined 8.5% (6.0% excluding the negative...

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Forty Seven, Inc. Reports Fourth Quarter and Full Year 2019 Financial Results and Recent Business Highlights

— Presented Updated Data for Magrolimab Showing Robust, Durable Activity in MDS and AML —— Presented Foundational Preclinical Data for FSI-174 and Entered into Collaborations with bluebird bio and Rocket Pharmaceuticals to Expand Development Program —— Gilead Acquisition of Forty Seven Expected to Close in 2Q 2020 —MENLO PARK, Calif., March 20, 2020 (GLOBE NEWSWIRE) — Forty Seven, Inc. (Nasdaq:FTSV), a clinical-stage, immuno-oncology company focused on developing therapies to activate macrophages in the fight against cancer, today reported financial results for the fourth quarter and full year ended December 31, 2019 and provided a business update.“In 2019, Forty Seven transformed into a multi-asset, late-stage development company with clear paths to registration in two distinct, underserved patient...

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Enservco Reports 2019 Fourth Quarter and Full Year Financial Results

Full Year Results – 2019 vs. 2018Total revenue increased slightly to $43.0 million from $42.8 million Production services revenue increased to $14.7 million from $14.5 million Completion services revenue increased to $28.3 million from $28.2 million Net loss increased to $7.7 million from $5.9 million Adjusted EBITDA declined to $2.8 million from $4.7 millionFourth Quarter Results – 2019 vs. 2018Total revenue declined to $8.1 million from $13.3 million Production services revenue flat at $3.5 million Completion services revenue declined to $4.6 million from $9.8 million Net loss of $3.3 million versus net loss of $517,000 Adjusted EBITDA of $168,000 versus $2.0 millionDENVER, March 20, 2020 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic...

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A-Mark Precious Metals Renews $270 Million Revolving Credit Facility

EL SEGUNDO, Calif., March 20, 2020 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has executed the renewal of its existing $270 million credit facility, which consists of a $220 million revolving credit facility with a $50 million accordion feature. The renewal will become effective on March 27, 2020 and matures on March 26, 2021. Rabobank acted as Administrative Agent, Bookrunner and Joint Lead Arranger, and Natixis acted as Joint Lead Arranger and Syndication Agent.“The renewal of our credit facility reflects the continued support by our lending partners and provides us with sufficient liquidity to operate in the current environment,” said A-Mark CEO, Greg Roberts. “We added an additional lender this year allowing us...

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Teleste Corporation changes its proposal for the distribution of earnings

INSIDE INFORMATION   20 March 2020    AT 21:45 EET Teleste Corporation changes its proposal for the distribution of earningsThe Board of Directors of Teleste Corporation has decided to change its proposal for the distribution of earnings, which was originally published in connection with the company’s financial statement release on 13 February 2020, so that instead of an immediate dividend of EUR 0.10, the Annual General Meeting would resolve to authorize the Board of Directors to decide, at its discretion, the distribution of a maximum of EUR 0.10 per share as a dividend from retained earnings and/or capital repayment from invested non-restricted equity fund, in one or more installments. The authorization is proposed to be valid until the beginning of the next Annual General Meeting. The company will separately disclose any decisions...

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Teleste Oyj muuttaa voitonjakoesitystään

SISÄPIIRITIETO   20.3.2020   klo 21:45Teleste Oyj muuttaa voitonjakoesitystäänTeleste Oyj:n hallitus on päättänyt muuttaa tilinpäätöstiedotteen 2019 yhteydessä 13.2.2020 julkistettua voitonjakoesitystä siten, että välittömän 0,10 euron suuruisen osingonjakopäätöksen sijaan yhtiön varsinainen yhtiökokous päättäisi valtuuttaa hallituksen päättämään harkintansa mukaan enintään 0,10 euron varojenjaosta osakkeelta osinkona kertyneistä voittovaroista ja/tai pääoman palautuksena sijoitetun vapaan oman pääoman rahastosta yhdessä tai useammassa erässä. Valtuutuksen ehdotetaan olevan voimassa seuraavan varsinaisen yhtiökokouksen alkuun. Yhtiö julkistaa hallituksen mahdolliset varojenjakopäätökset erikseen ja vahvistaa samassa yhteydessä asiaankuuluvat täsmäytys- ja maksupäivät.Osingonjakoehdotuksen muutoksen perusteena on koronavirusepidemiasta...

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FRONSAC ANNOUNCES STRONG RESULTS FOR THE YEAR ENDED DECEMBER 31, 2019 AND MONTHLY DISTRIBUTIONS FOR THE MONTHS OF APRIL, MAY AND JUNE 2020

MONTREAL, March 20, 2020 (GLOBE NEWSWIRE) — (TSX-V: FRO.UN) Fronsac Real Estate Investment Trust (“Fronsac REIT” or “Fronsac”) announces its results for the year ended December 31st, 2019 and that it will make monthly cash distributions of 0.213¢ per unit, representing 2.555¢ per unit on an annualized basis, on April 30th, May 29th and June 30th, 2020 to unitholders of record on April 15th, May 15th and June 15th, 2020, respectively.For the quarter ended December 31, 2019, Fronsac reported recurring funds from operations (“Recurring FFO”) per unit of 1.10¢ compared to 0.91¢ per unit for the quarter ended December 31, 2018, an increase of 21%. Recurring FFO was $1,295,716, an increase of 40% ($923,414 in Q4 2018). During Q4 2019, the Trust’s property rental income was $2,738,295 compared to $1,719,184 in Q4 2018, an increase...

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FRONSAC ANNONCE DES RÉSULTATS SOLIDES POUR L’ANNÉE SE TERMINANT LE 31 DÉCEMBRE 2019 AINSI QUE LES DISTRIBUTIONS DES MOIS D’AVRIL, MAI ET JUIN 2020

MONTRÉAL, 20 mars 2020 (GLOBE NEWSWIRE) — (TSX – V : FRO.UN) Fiducie de Placement Immobilier Fronsac (« Fronsac ») annonce ses résultats pour l’année terminée le 31 décembre 2019 et des distributions mensuelles de 0,213¢ par part, soit 2,555¢ par part annuellement, lesquelles seront payables les 30 avril, 29 mai et 30 juin 2020 aux porteurs de parts inscrits aux livres en date des 15 avril, 15 mai et 15 juin 2020 respectivement.Pour le trimestre terminé le 31 décembre 2019, Fronsac a généré des fonds récurrents par part provenant de l’exploitation (« FPE Récurrents ») de 1,10¢ comparativement à 0,91¢ par part pour le trimestre terminé le 31 décembre 2018, soit une augmentation de 21%. Les FPE Récurrents ont totalisés 1 295 716$, soit une augmentation de 40% (923 414$ au cours du même trimestre en 2018). Au cours du quatrième...

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Noodles & Company Leveraging Expanded Delivery and To-Go Service Options in Response to COVID-19

BROOMFIELD, Colo., March 20, 2020 (GLOBE NEWSWIRE) — Noodles & Company (NASDAQ:NDLS), known for serving classic noodle, Zoodle and Caulifloodle dishes from around the world, has announced it now offers free direct delivery through Noodles.com and the Noodles & Company app. Historically, over half of Noodles & Company’s sales have been through to-go and delivery offerings, and our expanded delivery options will allow the company to leverage this strong capability during this uncertain time. Noodles & Company will offer free delivery on all orders of $15 or more placed via Noodles.com or on the Noodles Rewards app through March 31, 2020 at participating locations.  Additionally, Noodles is offering free delivery nationwide via DoorDash and its newly announced national expansion with Uber Eats.“The safety...

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Verizon teams on the frontlines with COVID-19 first responders

BASKING RIDGE, N.J., March 20, 2020 (GLOBE NEWSWIRE) — As the world is facing COVID-19, Verizon is partnering with first responders, federal agencies, state and local governments, and public health agencies to deploy mobile network assets to support emergency response facilities, supply emergency wireless communications devices, support communications and collaboration services, and provide mobile broadband services. In addition, Verizon provides first responders with priority and preemption abilities for voice and data where necessary. “During an unprecedented crisis of this nature, no need is more critical than communication – whether it’s between loved ones or between first responders and healthcare professionals who are on the front line, staying connected is absolutely vital for everyone’s safety and protection,” said former...

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