Day: April 21, 2020
ATLANTA, April 21, 2020 (GLOBE NEWSWIRE) — Crawford & Company® (www.crawco.com) (NYSE: CRD-A and CRD-B), the world’s largest publicly listed independent provider of claims management and outsourcing solutions to carriers, brokers and corporates, will issue its earnings release for its first quarter ended March 31, 2020, on Tuesday, May 5, 2020, at 4:15 p.m., Eastern time.The quarterly conference call, to discuss Crawford®’s quarterly earnings and other developments, will be held on Wednesday, May 6, 2020, at 8:30 a.m. Eastern time.For audio access only, the call can be accessed by dialing 1-833-423-0278, Conference ID: 3377243.For audio and slide presentation access, the call is being webcast by West Corporation, https://edge.media-server.com/mmc/p/kgz6rov5; the call can be accessed on the Crawford & Company website at...
Mercury Systems Announces Industry’s First SOSA-Aligned Ultra-Wideband Dual Microwave Upconverter
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ANDOVER, Mass., April 21, 2020 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced the SpectrumSeries™ RFM3103s ultra-wideband dual upconverter, designed to align with the emerging sensor open systems architecture (SOSA) technical standard for demanding electronic warfare (EW) environments. By creating a common architecture that streamlines system integration, the rugged, compact upconverter pioneers system interoperability and upgradeability, supporting an increased and more diverse range of unmanned systems on various platforms including ground, airborne, and subsurface. “Mercury solutions are designed to be the most rugged, long lasting and highest performing available to meet the rigorous demands of military...
SouthCrest Financial Group Reports Preliminary 1Q20 Earnings
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ATLANTA, April 21, 2020 (GLOBE NEWSWIRE) — Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today that the Company reported preliminary earnings of $1.04 million or $0.13/share for the first quarter ended March 31, 2020. Excluding non-core items, core earnings were $1.00 million, or $0.13/share. Total net income is down 15% from 1Q19, but core EPS only declined $0.01/share from $0.14 in the year ago quarter.“Most importantly, I would like to say how proud I am of our employees at SouthCrest who have performed amazingly well during this time of real hardship. Our customer facing teams have handled every transaction as safely as possible. Our operational and IT teams have supported their internal customers with efficiency and patience. And finally our leadership has worked tirelessly...
DCP Midstream Announces Common and Preferred Unit Distributions
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DENVER, April 21, 2020 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced today that the board of directors of its general partner declared a first quarter 2020 common unit distribution of $0.39 per unit, or $1.56 per unit on an annualized basis. This quarterly common unit distribution will be paid May 15, 2020 to common unitholders of record at the close of business on May 1, 2020.In addition, the board of directors declared a semi-annual Series A preferred unit distribution of $36.875 per unit and a quarterly Series B preferred unit distribution of $0.4922 per unit. These preferred unit cash distributions will be paid June 15, 2020 to preferred unitholders of record at the close of business on June 1, 2020.The board of directors also declared a quarterly Series C preferred unit distribution of $0.4969 per unit. This preferred...
Supernus and Navitor Announce Development and Option Agreement for Orally Active mTORC1 Activator NV-5138
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Companies to Collaborate on Phase II Development for NV-5138 in DepressionNV-5138 is a Novel First-in-Class Activator of mTORC1Supernus Receives Exclusive Option to License or Acquire NV-5138 Prior to Initiation of Phase III Clinical ProgramROCKVILLE, Md. and CAMBRIDGE, Mass., April 21, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, and Navitor Pharmaceuticals, Inc., a privately-held company leading the discovery and development of mTORC1-targeted therapeutics, announced today a joint development and option agreement for Navitor’s mTORC1 activator, NV-5138.NV-5138 is a first-in-class, orally active small molecule that directly activates brain mTORC1, the gatekeeper of cellular...
Palomar Holdings, Inc. Announces First Quarter 2020 Financial Results Release Date and Conference Call
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LA JOLLA, Calif., April 21, 2020 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ: PLMR) (‘Palomar’ or the ‘Company’) today announced that it will release its first quarter 2020 results after the market close on Tuesday, May 5, 2020 and will host a conference call at 12:00 p.m. (Eastern Time) the following day, Wednesday, May 6, 2020.The conference call can be accessed live by dialing 1-877-423-9813 or for international callers, 1-201-689-8573, and requesting to be joined to the Palomar First Quarter 2020 Earnings Conference Call. A replay will be available starting at 3:00 p.m. (Eastern Time) on May 6, 2020 and can be accessed by dialing 1-844-512-2921, or for international callers, 1-412-317-6671. The passcode for the replay is 13701399. The replay will be available until 11:59 p.m. (Eastern Time) on May 13, 2020.Interested investors...
Gulf Island Announces Date for First Quarter 2020 Results and Conference Call
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HOUSTON, April 21, 2020 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI) will report first quarter 2020 results after the market close on Wednesday, May 6, 2020.Gulf Island management will hold a conference call on Wednesday, May 6, 2020, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) to discuss the Company’s financial results.The call will be available by webcast and can be accessed on Gulf Island’s website at http://www.gulfisland.com. Participants may also join the call by calling 1.800.289.0571 and requesting the “Gulf Island” conference call. A replay of the webcast will be available on the Company’s website for seven days after the call.About Gulf IslandGulf Island is a leading fabricator of complex steel structures, modules and marine vessels, and a provider of project...
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $0.89 per Common Limited Partner Unit
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BRENTWOOD, Tenn., April 21, 2020 (GLOBE NEWSWIRE) — Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the first quarter 2020 of $0.89 per common limited partner unit, or $3.56 per common limited partner unit on an annualized basis. This distribution represents a 0.6 percent increase from the distribution for the fourth quarter 2019 of $0.885 per common limited partner unit ($3.54 per common limited partner unit annualized) and an 8.5 percent increase over Delek Logistics’ distribution for the first quarter 2019 of $0.82 per common limited partner unit ($3.28 per common limited partner unit annualized). The first quarter 2020 cash distribution is payable on May 12, 2020 to unitholders of record on May 5, 2020. We are taking this opportunity to reiterate our expectation...
Domo Launches the COVID-19 Crisis Command Center for the State of Nebraska
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SILICON SLOPES, Utah, April 21, 2020 (GLOBE NEWSWIRE) — Domo (Nasdaq: Domo) announced today that the State of Nebraska has deployed Domo’s COVID-19 Crisis Command Center. The COVID-19 Crisis Command Center is a robust data-driven solution designed to help the State of Nebraska initiate a coordinated, swift response to the COVID-19 pandemic. The COVID-19 Crisis Command Center, initially built and deployed in 72 hours for the State of Utah, and deployed by the State of Iowa, uniquely delivers BI leverage at cloud scale in record time to get state and local governments on a faster path to recovery. Nebraska is the third state to get up and running with the COVID-19 Crisis Command Center.“Partnering with Domo has enabled us to rapidly deploy another aggressive program in the fight against COVID-19,” said Governor Ricketts. “We’re implementing...
Kaiser Aluminum Corporation Announces Pricing of New Senior Notes
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FOOTHILL RANCH, Calif., April 21, 2020 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (Nasdaq:KALU) announced today that it has priced $300.0 million aggregate principal amount of 6.500% senior notes due 2025 (the “notes”) in a private transaction that is exempt from the registration requirements of the Securities Act of 1933 (the “Act”).The notes will be guaranteed by each of Kaiser Aluminum’s existing and future domestic subsidiaries that is a borrower or guarantor under Kaiser Aluminum’s revolving credit facility. The consummation of the offering of the notes is expected to be completed on April 28, 2020, subject to customary closing conditions.Kaiser Aluminum intends to use the net proceeds from the offering of the notes for general corporate purposes, which may include, among other things, capital spending and acquisitions.The...