Day: April 13, 2020

SANTA PAULA, Calif., April 13, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and expanding provider of value-added fresh food, today announced that due to an order prohibiting all public gatherings published by the Ventura County Health Officer on April 9, 2020, shareholders will not be able to attend in person the Company’s 2020 annual meeting of shareholders to be held on Wednesday, April 22, 2020 at 1:00 pm Pacific Time.Instead, shareholders may listen to the formal business portion of the meeting via live conference call or audio webcast.  Shareholders interested in joining the call can dial (877) 407-3982 from the U.S. International callers can dial (201) 493-6780. A telephone replay will be available approximately two hours after the call concludes and will be available through...

Fourth Quarter Total Revenues of $11.4 Million, up 14% from the Prior Year Quarter, and Full Year Total Revenues of $41.7 Million, up 18% from Prior YearNEW YORK, April 13, 2020 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019.Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel commented, “We continue to be pleased by our top-line revenue growth resulting from the investment in our wholesale and e-commerce channels. This diversification of our distribution channels, combined with our continued efforts and wins in the licensing channel, helped us to deliver a strong finish for the fiscal year.” Fourth Quarter 2019 Financial ResultsNet revenue for...

MINNEAPOLIS, April 13, 2020 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, today announced preliminary unaudited revenue for the quarter ended March 31, 2020, and the withdrawal of its full year 2020 financial guidance issued on February 25, 2020. In addition, Inspire provided an update on the actions it is taking in response to the ongoing global COVID-19 pandemic.“The COVID-19 global health pandemic continues to cause meaningful complications to daily life and business operations. The Inspire team is grateful to the healthcare professionals around the world who are selflessly caring for patients on the front lines of...

DALLAS, April 13, 2020 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or “the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its first quarter 2020 results after the close of the market on Tuesday, April 28, 2020. The earnings release will be available on the Company’s website, https://ir.veritexbank.com/. The Company will also host an investor conference call to review the results on Wednesday, April 29, 2020 at 8:30 a.m. Central Time.Participants may pre-register for the call by visiting https://edge.media-server.com/mmc/p/aqy7st3q and will receive a unique PIN, which can be used when dialing in for the call. This will allow attendees to access the call immediately. Alternatively, participants may call toll-free at (877) 703-9880.The call...

PHILADELPHIA, PA, April 13, 2020 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ:FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced additional measures it is taking in response to the current business environment created by COVID-19.“As we navigate this difficult time, we remain grounded in a set of unshakable values, including ‘Hold the Penny Hostage,’ which takes on even greater significance in this moment,” said CEO Joel Anderson.  “We are confident about our capacity to weather this storm and will continue to take strategic measures – including reducing our expenses and tightly managing our cash spend and liquidity – designed to safeguard our future.  We look forward to welcoming our crew and customers back to our stores as soon as we can do so safely.”       As previously announced...

HINGHAM, Mass., April 13, 2020 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2020.EarningsNet income for the quarter ended March 31, 2020 was $2,185,000 or $1.02 per share basic and $1.00 per share diluted, as compared to $9,824,000 or $4.61 per share basic and $4.50 per share diluted for the same period last year. The Bank’s annualized return on average equity for the first quarter of 2020 was 3.46%, and the annualized return on average assets was 0.33%, as compared to 17.98% and 1.64% for the same period last year. Net income per share (diluted) for the first quarter of 2020 decreased by 78% compared to the same period in 2019.Excluding the after-tax gains and losses on equity securities, both realized and unrealized, core net income...

LEXINGTON, Mass., April 13, 2020 (GLOBE NEWSWIRE) — Keros Therapeutics, Inc. (“Keros”) (Nasdaq: KROS), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of novel treatments for patients suffering from hematological and musculoskeletal disorders with high unmet medical need, today announced the closing of its initial public offering of 6,900,000 shares of common stock, which includes the exercise in full by the underwriters of their option to purchase up to 900,000 additional shares, at a public offering price of $16.00 per share, for total gross proceeds of $110.4 million, before deducting underwriting discounts and commissions and estimated offering expenses. All of the shares of common stock were sold by Keros.Keros’ common stock began trading on the Nasdaq Global Market on...

Hartsville, S.C., Corrugated Medium Machine Converting to URB by Early 2022New Paper Machine to be World’s Largest, Lowest Cost URB ProducerInvestment Expected to Deliver Incremental $24 Million Annualized Cost SavingsHARTSVILLE, S.C., April 13, 2020 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today announced that its Board of Directors has approved an $83 million investment to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada. The majority of the investment includes transforming its Hartsville, S.C., corrugated medium machine (No. 10 machine) into a state-of-the-art URB machine with annual production capacity of approximately 180,000 tons.The new Hartsville machine will be designed with the goal of being the largest and lowest cost...

DUBUQUE, Iowa, April 13, 2020 (GLOBE NEWSWIRE) — Officials of Heartland Financial USA, Inc. (NASDAQ:HTLF) announced today that the company plans to broadcast a conference call detailing its First Quarter 2020 earnings live over the internet at www.htlf.com at 5:00 p.m. ET on Monday, April 27, 2020.  Lynn B. Fuller, Executive Operating Chairman; Bruce K. Lee, President and CEO, and Bryan R. McKeag, Executive Vice President and Chief Financial Officer, will conduct the conference call. Financial results will be available on the company’s website on April 27, 2020, after the market closes. There will be a question-and-answer session following the presentation.Shareholders, analysts and other interested parties are invited to join the call:To listen to the live webcast, please visit the company’s website, http://www.htlf.com, at least...

Oslo, 13 April 2020Reference is made to Notice of Effective Date and timeline for Debt to Equity Conversion dated 17 January 2020. The prospectus for listing of the shares issued as part of the Company’s partial conversion of bonds to shares is currently expected to be published during the course of May 2020.***************************Interoil Exploration and Production ASA is a Norwegian based exploration and production company – listed on the Oslo Stock Exchange – with focus on Latin America. The Company is operator of several production and exploration assets in Colombia amd Argentina. Interoil currently employs approximately 50 people and is headquartered in Oslo. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.