Day: April 16, 2020

CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) will hold a teleconference and webcast on Friday, May 1, 2020 to discuss its first quarter financial results, which will be released pre-market.Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President, Strategy & Corporate Development and Chief Financial Officer, and other members of the executive leadership team will discuss the financial results and Company developments at 1 p.m. (MDT) / 3 p.m. (EDT).Members of the investment community and other interested parties are invited to participate by calling 800-806-5484 or 416-340-2217 (Toronto area) and entering pass code 3787694#.  Please dial in 10 minutes prior to the start of the call. A live...

DENVER, April 16, 2020 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) announced that on April 10, 2020, it received written notice from the New York Stock Exchange (NYSE) that the average closing price of the Company’s common stock over the prior 30-consecutive trading day period was below $1.00 per share, which is the minimum average share price for continued listing on the NYSE.QEP has notified the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements within the six-month cure period. During the cure period, QEP’s shares of common stock will continue to trade on the NYSE, subject to compliance with other continued listing requirements.The NYSE notification does not affect QEP’s ongoing business operations or its Securities and...

CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) provides a business update and reduces its 2020 capital spending forecast.The combined effects of the reduction in worldwide demand for oil due to the COVID-19 global health pandemic and the increase in global oil supply has resulted in a sharp decline in the price of oil. This is negatively affecting current and forecasted drilling and production levels in Canada and the United States and is decreasing the demand for oilfield services by exploration and production companies.In response to the anticipated reduced demand for Essential’s services, the Company is focused on cost cutting efforts. The following actions are being taken:A 50% reduction in Board of Director compensation;A 50% reduction in the salary...

Boise, Idaho, April 16, 2020 (GLOBE NEWSWIRE) — Boise Cascade Company (NYSE: BCC) will host a webcast and conference call to discuss 2020 first quarter earnings and its continued response to the COVID-19 situation on Friday, May 8, 2020 at 11 a.m. Eastern.To participate in the conference call, dial 844-795-4410 and use passcode 6587475 (international callers should dial 661-378-9637). To join the webcast, go to the Investor Relations section at www.bc.com and select the Event Calendar link.A replay of the conference call will be available from May 8 at 2 p.m. Eastern through May 15 at 2 p.m.  Replay numbers are 855-859-2056 for U.S. callers and 404-537-3406 for international callers with a passcode of 6587475. The archived webcast will be available in the Investor Relations section of Boise Cascade’s website.About Boise Cascade     Boise...

SACRAMENTO, Calif., April 16, 2020 (GLOBE NEWSWIRE) — Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced today it has closed on its agreement to sell its 74% ownership interest in Pacific Aurora, LLC to Aurora Cooperative Elevator Company (Aurora Cooperative) for a total valuation of $52.8 million. After working capital adjustments and settlement of certain payables between the parties, the Company received at closing $20.2 million of cash, before fees and $16.5 million in promissory notes. Approximately $14.5 million of the cash proceeds will be used to pay principal payments to its lender, CoBank.Neil Koehler, Pacific Ethanol’s president and CEO, stated, “We are pleased to have completed our sale to Aurora Cooperative...

CALGARY, Alberta, April 16, 2020 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) announced today it will hold its upcoming annual meeting of common shareholders (AGM) on May 1, 2020 at 10 a.m. (MDT) in a virtual-only format. This approach aligns with our commitment to the health and wellbeing of employees, shareholders, communities and other stakeholders, and with directives from public health and government officials relating to physical distancing and large group gatherings during the COVID-19 pandemic.Our directors and management believe this format will provide shareholders a safer alternative to attend this year’s AGM than a physical meeting and will allow for equivalent participation of all shareholders and duly appointed proxyholders, regardless of their geographic location. The virtual...

PURCHASE, N.Y., April 16, 2020 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE: MVC) (the “Company”), a publicly traded business development company (“BDC”) that makes private debt and equity investments, announced today that it has filed a shelf registration statement on Form N-2 with the U.S. Securities and Exchange Commission (the “SEC”) to provide flexibility for future capital raises.The shelf registration statement would allow for future offerings of securities up to a total amount of $250 million, including common stock, preferred stock, warrants and debt securities.The Company has no immediate plans to issue securities under the shelf registration statement and any issuance is subject to approval by the Company’s board of directors. However, the Company believes it to be prudent to have a shelf registration statement in order...

DALLAS, April 16, 2020 (GLOBE NEWSWIRE) — Capital Senior Living Corporation (the “Company”) (NYSE: CSU), one of the nation’s largest operators of senior housing communities, announced today that on April 10, 2020, it received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is no longer in compliance with NYSE continued listing standards set forth in Section 802.01B (the “Minimum Market Capitalization Standard”) and Section 802.01C (the “Minimum Stock Price Standard”) of the NYSE’s Listed Company Manual due to the fact that (i) the Company’s average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders’ equity was less than $50 million, and (ii) the average closing price of the Company’s common stock was less than...

NEWPORT BEACH, Calif., April 16, 2020 (GLOBE NEWSWIRE) — Evolus, Inc. (NASDAQ: EOLS), a performance beauty company with a customer-centric approach focused on delivering breakthrough products, today announced a pre-emptive plan to support the U.S. aesthetic neurotoxin market in light of the COVID-19 pandemic.“We are in unprecedented times. As a result of COVID-19, social norms have evolved and the reliance on technology has accelerated. Since launch, the combination of our experienced sales force and uniquely designed digital platform has enabled the rapid market uptake of Jeuveau®. Moving forward, we expect an increasing dependence on our proprietary digital platform to support the customer experience,” commented David Moatazedi, President and Chief Executive Officer. “As aesthetic practices begin to re-open, we plan to introduce...

GULFPORT, Miss., April 16, 2020 (GLOBE NEWSWIRE) — Hancock Whitney Corporation (Nasdaq: HWC) announced today that the location of the 2020 Annual Meeting of Shareholders has been changed from an in person to virtual-only meeting due to the novel coronavirus (COVID-19) pandemic and related governmental directives.Effective at 11:59 p.m., March 31, 2020, Gulfport, Mississippi Mayor Billy Hewes issued a “Safer at Home Order” and effective at 5:00 p.m., April 3, 2020, Mississippi Governor Tate Reeves issued an Executive Order, which together direct residents to limit activities beyond those for essential needs.  Due to the requirements of these orders and potentially additional orders, and to protect the health and well-being of our associates and shareholders during the COVID-19 pandemic we are adjusting this year’s annual meeting...