Day: April 21, 2020

CALGARY, Alberta, April 21, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) (TSX:PPR) announces that, in light of the pronounced uncertainties affecting the oil and gas industry, with the COVID-19 pandemic continuing to drive a significant falloff in global energy consumption and deeply depressed oil prices, the Company has engaged with its lenders to agree to interim measures for near-term objectives.The Company suspended its capital program in response to the current economic environment and will restrict its capital spending to a small suite of maintenance and required decommissioning projects. Cash flows will be directed to ongoing operations, with a focus on maintaining economic production. For the last nine months of 2020, Prairie Provident has in place...

Kyoto, Japan and Santa Clara, CA, April 21, 2020 (GLOBE NEWSWIRE) — ROHM recently announced the AEC-Q100 qualified 2.8W output Class AB monaural speaker amplifiers the BD783xxEFJ-M series (BD78306EFJ-M, BD78310EFJ-M and BD78326EFJ-M) ideal for instrument clusters – used in vehicles equipped with autonomous driving and ADAS.In recent years, technological innovations in the automotive field – such as autonomous driving and ADAS – require a greater variety of sounds, such as providing a warning sound during lane departure or detecting surrounding obstacles. As a result, even audio output systems in the instrument cluster are utilizing speaker amps to generate sound with an MCU, instead of relays that produce blinker sounds and electronic buzzers that emit warning sounds. However, until now it was difficult to ensure...

LIVERMORE, Calif., April 21, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2020 fiscal first quarter on Wednesday, May 6, 2020, at 1:30 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor’s conference call on the Investors section of the company’s web site at www.formfactor.com. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call. The telephone replay will be available through May 13, 2020, 7:30 p.m. Pacific Time, and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering confirmation code 5543718. Additionally, the replay will be available on the Investors section of our website, www.formfactor.com.About FormFactor:FormFactor, Inc....

Phoenix, Arizona, April 21, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — No Borders, Inc. (OTC Markets: NBDR) is pleased to announce the Company has hired Turner, Stone & Company, L.L.P. of Dallas, Texas, a PCAOB Qualified Auditor to audit the past two years of the Company’s financials. About Turner, Stone & Company, LLP:“Turner, Stone & Company, L.L.P. began on August 1, 1995, when Edward L. Turner and the accounting practice of Turner & Company, P.C. joined together with John L. Stone in partnership to practice public accounting.Since inception, the firm has grown to its present size, as of five partners and twenty staff accountants and two administrative persons.Turner, Stone & Company, L.L.P. is a registered firm with the Public Company Accounting Oversight Board (PCAOB), a member firm of the...

FCA announces drawdown of revolving credit facilityFiat Chrysler Automobiles N.V. (NYSE: FCAU / MTA: FCA) (“FCA”) announced today that, in light of the continuing uncertainty relating to the impacts of COVID-19, it has drawn down its €6.25 billion revolving credit facility originally signed in June 2015 and amended in March 2019. These funds add to €1.5 billion drawn down from other bilateral credit facilities of the Group.Earlier this month FCA had announced the successful syndication of a separate €3.5 billion credit facility entered into on 25 March 2020. This credit facility remains undrawn.London, 21 April 2020For further information:Email: mediarelations@fcagroup.comwww.fcagroup.comAttachmentFCA announces drawdown of revolving credit facility

EDMONTON, Alberta, April 21, 2020 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX:MRD) (Melcor) announced today that its first quarter earnings results will be available May 20, 2020 after market close. This release date falls outside of the typical period that TSX listed issuers have to release quarterly results (45 days from the end of the quarter).Melcor is relying on Alberta Blanket Order 51-517: Temporary Exemption From Certain Corporate Finance Requirements and similar exemptions in other jurisdictions with respect to its obligation to file Q1 Interim Financial Report and Q1 Management Discussion & Analysis within 45 days following the end of its most recent interim period as required by Sections 4.3 and 5.1 of National Instrument 51-102 Continuous Disclosure Obligations. Blanket Order 51-517 was implemented due to COVID-19...

GREENVILLE, S.C., April 21, 2020 (GLOBE NEWSWIRE) — United Community Banks, Inc. (NASDAQ: UCBI) (“United”) today reported first quarter financial results, with solid year-over-year loan and deposit growth. United delivered net income of $31.9 million, pre-tax pre-provision income of $62.9 million, and built its allowance for credit losses with a $22.2 million provision for credit losses given the uncertain environment.  Diluted earnings per share were $0.40, a decrease of $0.15 or 27% from a year ago. Excluding merger-related and other charges, diluted operating earnings per share were $0.41, also down 27% from last year. United’s return on assets (“ROA”) was 0.99% and its return on common equity was 7.9% for the quarter. On an operating basis, United’s ROA was 1.01% and its return on tangible common equity was 10.6%.Chairman and...

Company Reports Net Income of $78,000 in 2019 Compared toNet Income of $507,000 in Prior YearCranford, New Jersey, April 21, 2020 (GLOBE NEWSWIRE) — TOFUTTI BRANDS INC. (OTCQB Symbol: TOFB) issued its results for the fiscal year ended December 28, 2019 today.The Company reported net income of $78,000 ($0.02 per share) on net sales of $13,130,000 for the fiscal year ended December 28, 2019 compared to net income of $507,000 ($0.10 per share) on net sales of $13,066,000 for the fiscal year ended December 29, 2018.Sales of vegan cheese products increased to $11,241,000 in fiscal 2019 from $10,811,000 in fiscal 2018 and sales of our frozen dessert and frozen food product lines decreased to $1,889,000 in fiscal 2019 from $2,255,000 in fiscal 2018. The increase in sales of vegan cheese products was attributable in great measure to increased...

YUBA CITY, Calif., April 21, 2020 (GLOBE NEWSWIRE) — River Valley Community Bancorp (OTC markets: RVCB) with its wholly owned subsidiary, River Valley Community Bank (collectively referred to as the “Bank”), today announced financial results for the quarter ended March 31, 2020.Consolidated financial highlights:Total assets as of March 31, 2020 totaled $468.7 million compared to $403.7 million as of March 31, 2019 and $442.3 million as of December 31, 2019.Net income for the quarter ended March 31, 2020 totaled $748,000 or $0.31 per diluted share compared to $876,000 or $0.35 per diluted share for the quarter ended March 31, 2019 and $964,000 or $0.39 per diluted share for the quarter ended December 31, 2019.Net interest income totaled $3.2 million for the quarter ended March 31, 2020 compared to $3.0 million for the quarter ended...

CHICAGO, April 21, 2020 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced it expects to release financial results for the three months ended March 31, 2020 before market open on Tuesday, May 5, 2020.R1’s management team will host a conference call on May 5 at 7:00 a.m. CT (8:00 a.m. ET) to discuss the results and business outlook. To participate, please dial 833-968-2190 (778-560-2796 outside the U.S. and Canada) using conference code number 3155137. A live webcast and replay of the call will be available at the Investor Relations section of the Company’s website at r1rcm.com.About R1 RCMR1 RCM is a leading provider of technology-enabled RCM services which transform and solve revenue cycle performance challenges...