Day: April 15, 2020
FORT WORTH, Texas, April 15, 2020 (GLOBE NEWSWIRE) — Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced today that the Company is taking measures to reduce costs given current market conditions.In response to unprecedented challenges faced across the industry, the Company has reduced G&A expense by approximately 50%, G&A headcount by approximately 44% and operating costs by approximately 50%. The Company has implemented salary reductions, a reduction in board size and compensation, furloughs and layoffs to achieve these reductions. Additionally, the Company has elected to shut-in 12 of its 39 producing wells as each of these shut-in wells are deemed uneconomic in the current environment. The...
TrueCar to Announce First Quarter Financial Results on May 7
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SANTA MONICA, Calif., April 15, 2020 (GLOBE NEWSWIRE) — TrueCar, Inc. (NASDAQ:TRUE) will report its financial results for the first quarter ended March 31, 2020 on Thursday, May 7, 2020, following the close of market.Mike Darrow, President and Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call to discuss the results at 4:30 p.m. Eastern Time. A live webcast of the call will be accessible through the Investor Relations section of TrueCar’s website at ir.true.com.A replay of the call may be accessed the same day from Thursday, May 7, 2020, 7:30 p.m. Eastern Time until Thursday, May 21, 2020, 11:59 p.m. Eastern Time by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and entering the replay pin number: 13702135.An archived version of the call will also be available...
Intelligent Systems Announces Delay of Annual Meeting of Shareholders
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NORCROSS, Ga., April 15, 2020 (GLOBE NEWSWIRE) — Intelligent Systems Corporation [NYSE American: INS] announced today that, in light of public health concerns regarding the COVID-19 outbreak, the annual meeting of shareholders, originally scheduled to be held May 21, 2020 has been delayed. The company plans to hold the meeting at 4355 Shackleford Rd, Norcross, GA 30093, on August 6, 2020 at 4pm local time.The meeting date of August 6, 2020 was chosen to maximize the possibility that shareholders would be able to meet in person and to avoid any conflicts with our second quarter earnings release. Proxy materials and notice of the meeting will be distributed to shareholders of record prior to the meeting.About Intelligent Systems CorporationFor over thirty-five years, Intelligent Systems Corporation [NYSE American: INS] has identified,...
DMC Global Announces Departure of NobelClad President John Scheatzle
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BROOMFIELD, Colo., April 15, 2020 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM) today announced John Scheatzle has resigned as president of NobelClad, DMC’s composite metals business. Scheatzle joined NobelClad in November 2016. DMC CEO Kevin Longe said, “I want to thank John for his leadership during the past three years, and wish him success as he pursues a new career opportunity.”Longe added, “The NobelClad business is very well positioned for the future. Its talented leadership team has established an efficient global operating structure and a compelling growth strategy. In addition, its commercial team has been pursuing a range of new-business opportunities that are materializing. First quarter 2020 bookings of $29 million were the second strongest in the past five years, and order backlog at the end of the quarter was...
AMD to Report Fiscal First Quarter 2020 Financial Results
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SANTA CLARA, Calif., April 15, 2020 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report first quarter 2020 financial results on Tuesday, April 28, 2020 after the close of market. Management will conduct a conference call to discuss these results at 5:30 p.m. ET / 2:30 p.m. PT. Interested parties are invited to listen to the webcast of the conference call via AMD’s Investor Relations website ir.amd.com. An archive of the webcast will be available for approximately one year after the conference call.About AMDFor 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around the...
Mohawk Names Frank Boykin Chief Financial Officer
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CALHOUN, Ga., April 15, 2020 (GLOBE NEWSWIRE) — Mohawk Industries, Inc. (NYSE: MHK) today announced the appointment of Frank H. Boykin as chief financial officer, effective April 15, 2020.“During his 25 years with the business, Frank played an important role in Mohawk’s growth,” said Jeff Lorberbaum, Mohawk’s chairman and chief executive officer. “He upgraded the performance of our finance team and gained the confidence of investors and analysts. I have asked Frank to resume the responsibilities of chief financial officer because his knowledge of all aspects of our business and the industry is a great asset to us in this environment.”Boykin, 64, previously served as Mohawk’s chief financial officer from 2005 to 2019. He initially joined the Company as corporate controller in 1993. Boykin retired in 2019 and has continued to support...
ChannelAdvisor to Announce First Quarter 2020 Financial Results on May 7, 2020
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RESEARCH TRIANGLE PARK, N.C., April 15, 2020 (GLOBE NEWSWIRE) — ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions, today announced that it will release its first quarter 2020 financial results for the period ended March 31, 2020 before 8:00 a.m. ET on Thursday, May 7, 2020. On that day, management will hold a conference call and webcast at 8:00 a.m. ET to review and discuss the results for the periods. A recorded version of this webcast will be available after the call and accessible at http://ir.channeladvisor.com.About ChannelAdvisorChannelAdvisor (NYSE: ECOM) is a leading e-commerce cloud platform whose mission is to connect and optimize the world’s commerce. For nearly two decades, ChannelAdvisor has helped brands and retailers worldwide improve their online performance by expanding...
Artesian Resources Corporation Declares Common Stock Dividend
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NEWARK, Del., April 15, 2020 (GLOBE NEWSWIRE) — Artesian Resources Corporation (NASDAQ: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company’s Class A and Class B Common Stock. The quarterly dividend of $0.2496 is payable May 22, 2020 to shareholders of record at the close of business on May 8, 2020.This is the 110th consecutive quarterly dividend paid to shareholders.About Artesian ResourcesArtesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905. Artesian supplies 8.3 billion gallons...
Vonage Holdings Corp. Announces 2020 Annual Stockholders’ Meeting
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HOLMDEL, N.J., April 15, 2020 (GLOBE NEWSWIRE) — Vonage Holdings Corp. (Nasdaq: VG), a global business cloud communications leader, will hold its annual meeting of stockholders on Thursday, June 11, 2020 at 10:00 AM ET. The 2020 annual meeting webcast will be accessible live through Vonage’s Investor Relations website.Shareholders at the close of business on Tuesday, April 14, 2020 are entitled to attend the virtual annual meeting. Shareholders will be able to vote shares and submit questions electronically during the virtual annual meeting. Non-shareholders will be able to attend the annual meeting electronically, but will not be able to vote or participate.About VonageVonage is redefining business communications once again. We’re making communications more flexible, intelligent, and personal, to help enterprises the...
Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend
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ISSAQUAH, Wash., April 15, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 65 to 70 cents per share, or $2.80 on an annualized basis. The dividend is payable May 15, 2020, to shareholders of record at the close of business on May 1, 2020.Costco currently operates 787 warehouses, including 547 in the United States and Puerto Rico, 100 in Canada, 39 in Mexico, 29 in the United Kingdom, 26 in Japan, 16 in Korea, 13 in Taiwan, 12 in Australia, two in Spain, and one each in Iceland, France, and China. Costco also operates e-commerce sites in the U.S., Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan, and Australia.Costco Wholesale Corporation ...