Day: April 10, 2020

DAT Truckload Volume Index: Spot Freight Market Reflects Supply Chain Volatility in March

PORTLAND, Ore., April 10, 2020 (GLOBE NEWSWIRE) — Spot truckload volumes and rates rose sharply for dry van and refrigerated (“reefer”) freight during the first three weeks of March before cresting and spending the final week of the month well below seasonal norms, according to the DAT Truckload Volume Index.“The increases in March were based on exceptional demand from shippers through March 22, at which point the market turned dramatically,” said Peggy Dorf, Senior Market Analyst at DAT Solutions. “Consumers and supply chains began to adjust to disruptions caused by the COVID-19 pandemic, and the urgency to replenish inventory and secure available capacity on the spot market fell significantly.”Reefer Rate Increases 10 centsIncluding fuel surcharges, spot van rates averaged $1.87 per mile nationally in March, up 8 cents from February...

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Agent Information Software (AIFS) Publishes 2019 Audited Financials

RANCHO CUCAMONGA, Calif., April 10, 2020 (GLOBE NEWSWIRE) — The parent company of Auto-Graphics, Inc. (A-G), Agent Information Software (AIFS) today released the earnings for the year ending December 31, 2019. Auto-Graphics, Inc., is an industry-leading provider of library automation software. A-G was the first to provide Cloud-based library resource sharing solutions. For the year ending December 31, 2019, AIFS continued its recent strengthening of its financial position. AIFS reported a net income of $527,351, an increase from the 2018 net income of $507,893. EBITDA represents 25% of sales at year end, increasing by $181,000 from year end 2018. Continued growth of our recurring revenue base enabled sales for 2019 to increase by 8% to $5,560,366. AIFS reported EPS of $0.12 on weighted average shares outstanding of 4,424,577. AIFS...

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Par Pacific Holdings to Hold Virtual Annual Meeting of Stockholders

HOUSTON, April 10, 2020 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) announced that it will hold its 2020 annual meeting of stockholders virtually due to the public health impact of the coronavirus outbreak (COVID-19) and to protect the health and well-being of its employees, stockholders, and its community. The annual meeting will be held over the internet in a virtual meeting format only.  Stockholders will not be able to attend the meeting in person. The date and time have not been changed, and the meeting will continue to be held on May 5, 2020 at 8:30 a.m. (CDT). Stockholders who owned shares at the close of business on the record date of March 20, 2020 are entitled to attend, participate, view the stockholder list and vote at the annual meeting. The items of business are the same as set forth...

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China National Medical Products Administration Approves BeiGene’s Tislelizumab for Patients with Previously Treated Locally Advanced or Metastatic Urothelial Carcinoma

BEIJING, China and CAMBRIDGE, Mass., April 10, 2020 (GLOBE NEWSWIRE) — BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a commercial-stage biotechnology company focused on developing and commercializing innovative molecularly-targeted and immuno-oncology drugs for the treatment of cancer, today announced that its anti-PD-1 antibody tislelizumab has received approval from the China National Medical Products Administration (NMPA) as a treatment for patients with locally advanced or metastatic urothelial carcinoma (UC) with PD-L1 high expression whose disease progressed during or following platinum-containing chemotherapy or within 12 months of neoadjuvant or adjuvant treatment with platinum-containing chemotherapy. Following tislelizumab’s initial approval in classical Hodgkin’s lymphoma (cHL) by the NMPA in December 2019, this is the second...

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Washington Real Estate Investment Trust Announces Update to Delivery Method for Annual Meeting Proxy Materials Due to COVID-19 Pandemic

WASHINGTON, DC, April 10, 2020 (GLOBE NEWSWIRE) — Washington Real Estate Investment Trust (“WashREIT” or the “Company”) (NYSE: WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, announced an update to the delivery method for proxy materials relating to the Company’s upcoming 2020 Annual Meeting of Shareholders (the “Annual Meeting”).  Due to the COVID-19 pandemic, the third-party service provider retained to handle distribution of copies of the Company’s Annual Meeting proxy materials may be unable to mail copies to shareholders who had requested such delivery. As a result, the Company has sent a Notice of Internet Availability to all shareholders entitled to participate in the Annual Meeting in order to provide shareholders with proxy materials sufficiently in advance of...

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Allegiance Bancshares, Inc. Announces First Quarter 2020 Earnings Release and Conference Call Date

HOUSTON, April 10, 2020 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, today announced that it will hold a conference call to discuss its first quarter 2020 results on Thursday, April 30, 2020, at 9:00 a.m. Central (10:00 a.m. Eastern).  The conference call will be hosted by Steve Retzloff, Chief Executive Officer; Ray Vitulli, President; and Paul Egge, Chief Financial Officer.  The related earnings release will be issued prior to the market opening on Thursday, April 30, 2020, and will also be available on the Investor Relations section of Allegiance’s website at www.allegiancebank.com, under News and Events – News. Conference Call and Live WebcastTo participate in the live conference call, please dial (877) 279-2520, or for international callers (531) 289-2888,...

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Wintrust Financial Corporation Working Tirelessly To Support Strong Community Interest in the Paycheck Protection Program

ROSEMONT, Ill., April 10, 2020 (GLOBE NEWSWIRE) — Wintrust Financial Corporation (“Wintrust” or “the Company”) (Nasdaq: WTFC) announced today that it has received more than $3.1 billion in loan inquiries from more than 7,700 small businesses since it opened its platform on April 3 to accept client submissions for the Paycheck Protection Program (PPP) from the U.S. Treasury Department and Small Business Administration (SBA).Edward J. Wehmer, Founder and Chief Executive Officer, commented, “On March 27, the Coronavirus Aid, Relief, and Economic Security (CARES) Act became law and banks were directed to prepare for the launch of the PPP program. In less than a week, Wintrust created an entire customer-facing loan inquiry system and a new underwriting process to meet small businesses’ needs and the government’s desire to begin accepting...

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Avista Corp. First Quarter 2020 Earnings Conference Call and Webcast Announced

SPOKANE, Wash., April 10, 2020 (GLOBE NEWSWIRE) — Avista Corp. (NYSE: AVA) will hold its quarterly conference call and webcast to discuss first quarter 2020 results on Friday, May 8, 2020, at 10:30 a.m. Eastern Daylight Time. A news release with first quarter 2020 earnings information will be issued at 7:05 a.m. Eastern Daylight Time on May 8, 2020.This call can be accessed on Avista’s website at investor.avistacorp.com, or you can listen to the call by dialing (855) 806-8606, Confirmation number 9479814.                                             A replay of the call will be available through May 15, 2020. Call (855) 859-2056, Confirmation number 9479814# to listen to the replay. The webcast will be archived for one year on the Avista Corp. Web site at investor.avistacorp.com.Avista Corp. is an energy company involved in the production,...

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Important Update for Saia, Inc. Annual Meeting of Stockholders

JOHNS CREEK, Ga., April 10, 2020 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today announced the change in location of the Annual Meeting of Stockholders. The update was also announced in Saia, Inc.’s April 10, 2020 DEFA14A filing.Due to the public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our stockholders and other meeting participants, the Annual Meeting will be held in a virtual meeting format only. Stockholders will not be able to attend the Annual Meeting physically. As previously announced, the Annual Meeting will be held on Tuesday, April 28, 2020 at 10:30 a.m., Eastern Time.To be admitted to the virtual Annual Meeting at www.meetingcenter.io/242093155,...

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AMERANT BANCORP INC. TO ANNOUNCE FIRST QUARTER 2020 FINANCIAL RESULTS AND HOST CONFERENCE CALL APRIL 28, 2020

CORAL GABLES, Fla., April 10, 2020 (GLOBE NEWSWIRE) — Amerant Bancorp Inc. (NASDAQ: AMTB and AMTBB) (the “Company”), today announced it will report first quarter 2020 earnings results before the market opens on Tuesday, April 28. Millar Wilson, Vice-Chairman and Chief Executive Officer, and Carlos Iafigliola, Senior Vice President and Interim Chief Financial Officer, will host a conference call, joined by Miguel Palacios, Executive Vice President and Chief Business Officer, that morning at 9:30 AM ET to discuss the Company’s financial and operating results for the quarter.The conference call will be webcast live online and may be accessed through the investor relations section of the Amerant Bancorp Inc.’s website, www.amerantbank.com. The live conference call may also be accessed by dialing 866-987-6807 or 630-652-5946 (international)....

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