Day: March 26, 2020

AMERANT ANNOUNCES MEASURES TO SUPPORT CUSTOMERS, COMMUNITY DURING COVID-19 OUTBREAK

Written by Customer Service on March 26, 2020. Posted in Public Companies.

CORAL GABLES, Fla., March 26, 2020 (GLOBE NEWSWIRE) — Amerant, the largest community bank headquartered in Florida, will be taking a variety of measures to further support its customers during the current COVID-19 outbreak. Effective immediately and until further notice, these include:No Amerant ATM fees for current customers and the community as a whole1Waive late payment fees on all consumer and business loansWaive customer fees for deposit accounts based on needs2No negative reporting to credit bureaus for past due loan balances3Expert small business counsel, along with education on available resourcesCustomer loan payment assistance on an individualized basis3“As we strive to support both customers and the communities in which we operate, we are looking at how to best provide tangible, meaningful support,” said Millar Wilson,...

Interpublic Prices Offering of $650 million Senior Notes

Written by Customer Service on March 26, 2020. Posted in Public Companies.

New York, March 26, 2020 (GLOBE NEWSWIRE) — Interpublic Group (NYSE: IPG) today announced that it has priced a registered public offering of $650 million aggregate principal amount of its 4.750% Senior Notes due 2030 (CUSIP Number 460690 BR0) (the “Notes”). The offering of the Notes is expected to close on March 30, 2020, subject to customary closing conditions. The net proceeds are expected to be approximately $640 million after discounts, commissions and estimated offering expenses. The Company plans to use the net proceeds from the offering for general corporate purposes, which may include the repayment, in whole or in part, of $500 million aggregate principal amount of its 3.500% Senior Notes due 2020 (the “2020 Notes”) and/or $500 million aggregate principal amount of its 3.750% Senior Notes due 2021 (the “2021 Notes”). No...

Currency Exchange International Announces Voting Results from Annual General and Special Meeting held on March 25, 2020 and elected members of the Board of Directors

Written by Customer Service on March 26, 2020. Posted in Public Companies.

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (TSX: CXI) (OTC Pink: CURN) (the “Company”) is pleased to announce the detailed voting results for the election of its Board of Directors, which took place at the Company’s Annual General and Special Meeting held on March 25, 2020 (the “Meeting”). The nominees listed in the management information circular dated February 14, 2020 were elected as directors of the Company at the Meeting. Detailed results of the vote are set out below:Following the Meeting, the Board of Directors of Exchange Bank of Canada (“EBC”), the Company’s wholly owned subsidiary, has appointed Chitwant Kohli, as the Chair of the Board of Directors of EBC who replaces in this position Mr. Chirag Bhavsar. The Board of Directors of the Company has appointed...

WERNER ENTERPRISES ADDRESSES COVID-19 AND PROVIDES BUSINESS UPDATE

Written by Customer Service on March 26, 2020. Posted in Public Companies.

OMAHA, Neb., March 26, 2020 (GLOBE NEWSWIRE) — Werner Enterprises, Inc. (NASDAQ: WERN), one of the nation’s largest transportation and logistics companies, has prepared a business update pertaining to the COVID-19 pandemic, which can be found at http://investor.werner.com/news-and-events/webcasts-and-presentations/default.aspx. This presentation was developed based on the most current information available as of the date of this release.Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner is among the five largest truckload carriers in the United States,...

Freddie Mac Issues Monthly Volume Summary for February 2020

Written by Customer Service on March 26, 2020. Posted in Public Companies.

MCLEAN, Va., March 26, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today that it issued its Monthly Volume Summary for February 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.comINVESTOR...

Progress 2020 First Quarter Results Exceed Guidance

Written by Customer Service on March 26, 2020. Posted in Earnings Releases And Operating Results.

BEDFORD, Mass., March 26, 2020 (GLOBE NEWSWIRE) — Progress (NASDAQ: PRGS), the leading provider of application development and digital experience technologies, today announced results for its fiscal first quarter ended February 29, 2020.On a GAAP basis, revenue was $109.7 million during the quarter compared to $89.5 million in the same quarter last year, a year-over-year increase of 22% on an actual currency basis and 23% on a constant currency basis. On a non-GAAP basis, revenue was $113.8 million during the quarter compared to $89.5 million in the same quarter last year, an increase of 27% on an actual currency basis and 28% on a constant currency basis.On a GAAP basis, diluted earnings per share during the quarter was $0.46 compared to $0.21 in the same quarter last year, an increase of 119%. On a non-GAAP basis, diluted earnings...

JUNIPER NETWORKS ANNOUNCES DATE OF FIRST QUARTER 2020 PRELIMINARY FINANCIAL RESULTS CONFERENCE CALL AND WEBCAST

Written by Customer Service on March 26, 2020. Posted in Public Companies.

SUNNYVALE, Calif., March 26, 2020 (GLOBE NEWSWIRE) — Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced it will release preliminary financial results for the first quarter 2020 ended March 31, 2020 on Tuesday, April 28, 2020 after the close of the market. The Company’s senior management will host a conference call that day at 2:00 pm PT.Commentary by Ken Miller, chief financial officer, reviewing the Company’s first quarter 2020 financial results will be furnished to the SEC on Form 8-K and published on the Company’s website at http://investor.juniper.net. Analysts and investors are encouraged to review this commentary prior to participating in the conference call.To listen to the conference call, the toll-free number is 877-407-8033, international callers dial +1-201-689-8033. Please dial in...

Kornit Digital Provides Business Update in Response to COVID-19

Written by Customer Service on March 26, 2020. Posted in Public Companies.

ROSH-HA`AYIN, Israel, March 26, 2020 (GLOBE NEWSWIRE) — Kornit Digital Ltd. (NASDAQ: KRNT), a leading provider of digital printing solutions for the global textile industry, today provided an update in response to the impact of the coronavirus pandemic (COVID-19) on its business and operations.Due to the rapidly evolving global impact of COVID-19, the Company is withdrawing first quarter 2020 guidance and currently expects first quarter 2020 revenues will be approximately 35-45% below the $47 million low-end of its prior revenue guidance. Prior guidance, which was provided on February 11, 2020, encompassed only the expected impact of COVID-19 in China and not today’s global disruption. The Company will provide further commentary when it releases its first quarter 2020 earnings results.“The first quarter was off to an excellent...

iBio Supporting AzarGen Biotechnologies’ Development of a Rituximab Biosimilar

Written by Customer Service on March 26, 2020. Posted in Public Companies.

NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) — iBio, Inc. (NYSE AMERICAN:IBIO) (“iBio” or the “Company”) today announced that it has entered into a second Statement of Work under its Master Joint Development Agreement (the “MJDA”) with AzarGen Biotechnologies (Pty.) Ltd. (“AzarGen”). Signed in 2018, the MJDA contemplates initial contract development and manufacturing of AzarGen’s biosimilars at iBio’s Bryan, Texas facility. Ultimately, iBio plans to transfer its proprietary FastPharming Manufacturing System™ to AzarGen in South Africa for production of critical biological medicines for the African continent.“We are proud to be supporting AzarGen in the development of their lead biosimilar product,” commented Thomas F. Isett, iBio’s Co-Chairman and CEO. “Rituximab is an important treatment for certain autoimmune diseases and cancers....

H&R Block provides an update on the impact from the novel coronavirus (COVID-19)

Written by Customer Service on March 26, 2020. Posted in Public Companies.

KANSAS CITY, Mo., March 26, 2020 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE: HRB) today provided the following business update amidst the rapidly evolving novel coronavirus (COVID-19) situation.“The coronavirus pandemic is changing every aspect of our lives,” said Jeff Jones, H&R Block’s president and chief executive officer. “We have implemented new benefits to help our large seasonal workforce and have made significant changes in how we operate which will continue to evolve during this volatile time.” Drop Off and Remote Expertise as Primary Means to Help ClientsWith the economic impact of the pandemic being felt across America, H&R Block remains committed to helping people gain access to their refunds while shifting how we operate to help promote the safety and wellbeing of associates and clients. While we continue...

Day: March 26, 2020

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