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Day: April 14, 2020

Green Plains Announces High Protein Ingredient Production at its Shenandoah Biorefinery

OMAHA, Neb., April 14, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced the successful startup of its high protein ingredient production facility and the first shipment of the product from its biorefinery in Shenandoah, Iowa. The shipment is destined for one of the premier ingredient processors and suppliers in the pet food industry. Green Plains has already sold a majority of its planned high protein production for 2020.“The completion of our first high protein ingredient production project represents a major milestone in our strategy to diversify our earnings and transition towards the creation of more sustainable high value products,” said Todd Becker, president and chief executive officer of Green Plains Inc. “We can now provide a high-quality protein feed product to the pet and aquaculture markets, extracting...

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Termination of Forward Purchase Contract with Zhu Hai Quan Shi Investment Management Ltd.

SHENZHEN, China, April 14, 2020 (GLOBE NEWSWIRE) — Meten EdtechX Education Group Ltd. (“Meten EdtechX” or the “Company”), a leading English language training service provider in China, announces that it has terminated a forward purchase contract with Zhu Hai Quan Shi Investment Management Ltd (as amended, the “Forward Purchase Contract”).In March 2020, Zhu Hai Quan Shi Investment Management Ltd. (“Zhu Hai Quan Shi”) agreed to purchase 400,000 ordinary shares of Meten EdtechX Education Group Ltd. for a purchase price of $10.00 per share in a private placement (the “$4 million PIPE”).According to the terms and conditions of the Forward Purchase Contract, Zhu Hai Quan Shi was required to pay the purchase price of $4,000,000 by an early April 2020 deadline that was agreed among the parties. As a result of the failure by Zhu Hai Quan...

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Cord Blood Banking Leader Cryo-Cell Reports Fiscal First Quarter 2020 Financial Results

OLDSMAR, Fla., April 14, 2020 (GLOBE NEWSWIRE) — Cryo-Cell International, Inc. (OTC:QB Markets Group Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal first quarter ended February 29, 2020.  Financial ResultsRevenueConsolidated revenues for the first quarter of fiscal 2020 were $7.62 million compared to $7.50 million for the first quarter of fiscal 2019, a 2% increase.  The revenues for the first quarter of fiscal 2020 consisted of $7.41 million in processing and storage fee revenue, $60,000 in product revenue and $154,000 in public banking revenue compared to $7.34 million in processing and storage fees, $26,000 product revenue and $134,000 in public banking revenue for the first quarter of fiscal 2019.  Net IncomeThe Company reported...

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Schmitt Announces Third Quarter 2020 Operating Results

PORTLAND, Ore., April 14, 2020 (GLOBE NEWSWIRE) — Schmitt Industries, Inc. (NASDAQ: SMIT) (the “Company” or “Schmitt”) today announced its operating results for the third quarter of Fiscal 2020.                                     Highlights of the three and nine months ended February 29, 2020:Company revenue decreased 2.3% and 8.6% for the three and nine months ended February 29, 2020, respectively, as compared to the three and nine months ended February 28, 2019. The decrease is primarily due to a 14.4% decrease in Acuity product revenue for the three months ended February 29, 2019, and to a 34.9% decrease in Xact product revenue and a 14.9% decrease in Acuity product revenue for the nine months ended February 29, 2020. Xact’s monitoring revenue continued to grow, increasing 11.5% and 13.5% to $391,678 and $1,140,494, respectively,...

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Covia Receives Continued Listing Standard Notice From NYSE

INDEPENDENCE, Ohio, April 14, 2020 (GLOBE NEWSWIRE) — Covia (NYSE:CVIA) announced that, on April 8, 2020, it received notification from the New York Stock Exchange (“NYSE”) that the Company is no longer in compliance with NYSE continued listing standards, which require listed companies to maintain an average closing share price of $1.00 over a consecutive 30 trading-day period.In accordance with NYSE rules, Covia has six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement. Covia may regain compliance at any time during the cure period if (i) on the last trading day of any calendar month during the cure period, its common stock has a closing share price of at least $1.00 and (ii) an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading...

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Kaiser Aluminum Corporation Announces Quarterly Dividend Payment

FOOTHILL RANCH, Calif., April 14, 2020 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that its Board of Directors has declared a quarterly cash dividend of $0.67 per share. The dividend will be payable on May 15, 2020 to shareholders of record as of the close of business on April 24, 2020.Company DescriptionKaiser Aluminum Corporation, headquartered in Foothill Ranch, Calif., is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The Company’s North American facilities produce value-added sheet, plate, extrusions, rod, bar, tube and wire products, adhering to traditions of quality, innovation and service that have been key...

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Westwood Holdings Group, Inc. to Host First Quarter 2020 Conference Call/Webcast

DALLAS, April 14, 2020 (GLOBE NEWSWIRE) — Westwood Holdings Group, Inc. (NYSE:WHG) will release its first quarter 2020 earnings after the close of the New York Stock Exchange on Wednesday, April 29, 2020. Following the release, the Company will host a live audio webcast and conference call at 4:30 pm Eastern Time (3:30 pm Central Time).To listen to the conference call, dial 877-303-6235 (U.S. and Canada) or 631-291-4837 (International). The conference call will be available for replay through May 7 by dialing 855-859-2056 (U.S. & Canada) or 404-537-3406 (international) and entering passcode 4888555. The conference call will also be available via webcast and can be accessed at Westwood’s website, westwoodgroup.com, under the Investor Relations tab.Date: April 29, 2020Time: 4:30 PM ETListen via Internet: westwoodgroup.com/investor-relations/events-webcastsTelephone:...

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Host Hotels & Resorts Changes its Annual Meeting of Stockholders to a Virtual-Only Format

BETHESDA, Md., April 14, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST), the nation’s largest lodging real estate investment trust (the “Company”), today announced, consistent with its prior disclosure in its Notice of Annual Meeting of Stockholders and Proxy Statement, that, due to the emerging public health impact of the global coronavirus (COVID-19) outbreak and to support the health and well-being of its stockholders, employees, directors and communities, the Company’s 2020 annual meeting of stockholders (the “Annual Meeting”) has been changed to be held in a virtual-only meeting format. As previously announced, the Annual Meeting will be held on Friday, May 15, 2020 at 11:00 a.m., Eastern time. Further information regarding this change to the location of the Annual Meeting can be found...

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Laredo Petroleum Schedules First-Quarter 2020 Earnings Release and Conference Call

TULSA, Okla., April 14, 2020 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) will report first-quarter 2020 financial and operating results after the market close on Wednesday, May 6, 2020, and will host a conference call on Thursday, May 7, 2020, at 7:30 a.m. CT to discuss the results.To participate on the call, dial 877.930.8286 (international dial-in 253.336.8309), using conference code 5191340 or listen to the call via the Company’s website at www.laredopetro.com, under the tab for “Investor Relations.” A telephonic replay will be available approximately two hours after the call on Thursday, May 7, 2020 through Thursday, May 14, 2020. Participants may access this replay by dialing 855.859.2056, using conference code 5191340.About LaredoLaredo Petroleum,...

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Armstrong World Industries to Report First Quarter 2020 Results April 27

LANCASTER, Pa., April 14, 2020 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE:AWI) will report its first quarter 2020 results via a webcast and conference call for investors on Monday, April 27 at 11:00 a.m. Eastern time. Conference call / webcast information and the accompanying slide presentation will be available on the Investor Relations page of www.armstrongceilings.com.To participate by telephone, please dial:(877) 312-9198 (U.S./Canada)(631) 291-4622 (International)Conference ID: 2574518News media may listen only.A replay of the call will be available via webcast on the Investor Relations page of www.armstrongceilings.com for up to one year after the date of the call.About Armstrong and Additional InformationArmstrong World Industries, Inc. is a global leader in the design and manufacture of innovative commercial...

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