Day: April 6, 2020

RICHMOND, Va., April 06, 2020 (GLOBE NEWSWIRE) — Atlantic Union Bank today provided an update on the initial interest it has received in the Small Business Administration (SBA) Paycheck Protection Program (PPP).  The PPP is intended to provide economic relief to small businesses with fewer than 500 employees that are adversely impacted by the COVID-19 pandemic.“We have been able to quickly adapt and adjust to a new working environment while continuing to deliver a high level of customer service,” said John C. Asbury, CEO of Atlantic Union Bank.  “Nearly 90% of our non-branch workforce is working remotely including our call centers, but we continue to work together as one team for our clients.  Our teammates, including 200 over the weekend, worked tirelessly to put our clients at the forefront of this process and it really showed...

Best Selling Author and Entrepreneur Ramon Ray Hosts Premiere Episode; SBA Entrepreneur of the Year Mike Michalowicz to Be First GuestBASKING RIDGE, N.J., April 06, 2020 (GLOBE NEWSWIRE) — Verizon will debut a Small Business Webinar Series tomorrow, April 7, to help small business owners. The 30-minute series features experts who will share practical advice, insight and tips on how small businesses can survive during these unprecedented times.The first event begins tomorrow at 2 p.m. EST and will feature entrepreneur Mike Michalowicz, best-selling author of “Profit First,” and U.S. Small Business Association entrepreneur of the year. Mike shares hands-on expertise in small business survival for challenging times, from strategic planning and cash flow to taxes. Mike talks live with our host, Ramon Ray, to offer specific steps you...

RALEIGH, N.C., April 06, 2020 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) will release its 2020 first quarter results on Tuesday, April 28th, after the market closes. A conference call will be held the next day, Wednesday, April 29th, at 11:00 A.M. Eastern time. For US/Canada callers, dial (800) 756-3565. A live, listen-only webcast can be accessed through the Company’s website at www.highwoods.com under the “Investors” section.  A replay of the call will also be available on the Company’s website.About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business...

ATHENS, Greece, April 06, 2020 (GLOBE NEWSWIRE) — TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”; NYSE; TNPPRC) and $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE; TNPPRF).  Each dividend of the Series C and F Preferred Shares is for the period from the most recent dividend payment date on January 30, 2020 through April 29, 2020.The dividend on the Series C and F Preferred Shares will be paid on April 30, 2020 to all holders of record of Series C and F Preferred Shares as of...

SUNNYVALE, Calif., April 06, 2020 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of memory solutions for the networking, telecommunications and military markets, and developer of Gemini®, the Associative Processing Unit (APU), announced the publication of billion-scale similarity search benchmark results for Gemini-I, the first member of GSI Technology’s Associative Processing Unit Gemini product line.The paper published by GSI Technology introduces the Gemini® Associative Processing Unit (APU) and presents its role in an Approximate Nearest Neighbor (ANN) similarity search pipeline. Latency and recall numbers for query-by-query ANN searches are presented for the DEEP1B dataset, a public dataset consisting of 1 billion, 96-dimensional vectors with each dimension being a 32-bit floating point (FP32) number....

Revenues negatively impacted by COVID-19ARR range of $220.2 million to $220.6 million, representing growth of approximately 60%Subscription revenues mix greater than 95%, compared to 31% in Q1 2019Company is withdrawing full year 2020 financial guidanceNEW YORK, April 06, 2020 (GLOBE NEWSWIRE) — Varonis Systems, Inc. (Nasdaq: VRNS), a pioneer in data security and analytics, today announced preliminary, unaudited financial results and selected operating metrics for the first quarter ended March 31, 2020. The company plans to release its full first quarter 2020 financial results on Monday, May 4, 2020.“We had a strong start to 2020, but with the spread of the global COVID-19 pandemic, our customers’ immediate focus turned to employee safety, just as ours did, which caused many to defer purchasing decisions at the end of...

INDIANAPOLIS, April 06, 2020 (GLOBE NEWSWIRE) — Infrastructure and Energy Alternatives, Inc. (NASDAQ: IEA) (“IEA” or the “Company”), a leading infrastructure construction company with specialized energy and heavy civil expertise, today announced that the Company has begun construction on the 25 megawatt (MWAC) Appling Solar Farm, located near the city of Baxley, a rural community in Southeast Georgia.Nashville-based Silicon Ranch Corporation, one of the nation’s largest independent solar power producers, selected IEA’s subsidiary, IEA Constructors LLC, as the Engineer-Procure-Construct Contractor for the project. IEA is responsible for the design, procurement, construction, commissioning and handover of the facility. Silicon Ranch is funding the installation and will own and operate the array for the long-term, consistent with all...

– Full Q1 2020 Financial Results to be Issued on May 13, 2020 –– Annual General Meeting to be Virtual Only; Postponed to May 22, 2020 –TORONTO, April 06, 2020 (GLOBE NEWSWIRE) — Points International Ltd. (TSX: PTS) (Nasdaq: PCOM) (Points or the Company), the global leader in powering loyalty commerce, is providing a preliminary update on its first quarter 2020 results and 2020 outlook, as well as an update on its response to the COVID-19 pandemic.Q1 2020 Financial Highlights (vs. Q1 2019)Gross profit1 expected to range between $13.6 million and $14.2 million.Adjusted EBITDA2 expected to range between $3.2 million and $3.9 millionAt March 31, 2020, total funds available stood at approximately $107 million, including a $40 million credit facility drawdown.Q1 2020 Line of Business HighlightsLoyalty Currency...

MINNEAPOLIS, April 06, 2020 (GLOBE NEWSWIRE) — Tactile Systems Technology, Inc. (“Tactile Medical”) (Nasdaq: TCMD), a medical technology company focused on developing medical devices for the at-home treatment of chronic diseases, today reported preliminary revenue results for the first quarter ended March 31, 2020, withdrew its 2020 financial outlook and provided a business update on the Company’s response to the COVID-19 pandemic.First Quarter 2020 Preliminary Revenue Summary:First quarter 2020 preliminary total revenue is expected to be in the range of $43.0 million to $44.0 million, representing growth of approximately 14% to 17% year-over-year. First quarter 2020 total revenue was negatively impacted by the COVID-19 pandemic beginning in the month of March. —  Excluding the contribution to first quarter 2019 revenue related...

IRONWOOD, Mich., April 06, 2020 (GLOBE NEWSWIRE) — Keweenaw Land Association, Limited (OTC US: KEWL) today announced that the 2020 Annual Meeting of Shareholders of Keweenaw Land Association, Limited will be held virtually, in lieu of an in-person meeting, on Monday, May 11, 2020, at 9:00 a.m., Central time. Shareholders who attend the virtual meeting will be able to participate, vote shares electronically and submit questions prior to and during the meeting as described in more detail in the forthcoming Proxy Statement. On Friday, April 3, 2020 Keweenaw commenced the mailing of its 2020 Notice of Annual Meeting and Proxy Statement to shareholders of record as of March 27, 2020.Additionally, Keweenaw today has published its 2019 Annual Report on the Company’s website (keweenaw.com) under “Company Reports”. Printed copies of the Annual...