Day: April 23, 2020
BOCA RATON, Fla., April 23, 2020 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT) will release its first quarter 2020 financial results after the close of trading on Thursday, May 7, 2020. Management will host a conference call following the release at 5:00 pm ET on Thursday, May 7 to discuss the financial results and other related matters. The conference call can be accessed as follows:By dialing 1-888-599-8686 (domestic) or 1-720-543-0214 (international) and requesting the ADT First Quarter 2020 Earnings Conference CallLive webcast accessed through ADT’s website at investor.adt.comAn audio replay of the conference call will be available from approximately 8:00 p.m. ET on May 7, 2020, until 11:59 p.m. ET on May 21, 2020, and can be accessed by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international), and providing the passcode,...
Hammond Power Solutions Inc. Announces Quarter 1, 2020 Financial Results
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(Dollar amounts are in thousands unless otherwise specified)Reports solid Quarter 1, 2020 Financial ResultsHIGHLIGHTSSales growthSolid gross margin ratesStrong earningsEPS from operations of $0.1821% dividend increaseGUELPH, Ontario, April 23, 2020 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the First Quarter of 2020.FIRST QUARTER RESULTSSales from continuing operations for the quarter-ended March 28, 2020 were $88,420, an increase of $3,730 or 4.4% from Quarter 1, 2019 sales from continuing operations of $84,690. Sales in the United States (“U.S.”) increased by $2,147 or 4.0%, finishing at $56,341 for Quarter 1, 2020 compared to $54,194 in Quarter 1, 2019. U.S. sales, when stated...
XPO Logistics Announces Pricing of Private Offering of $850 Million of Senior Notes
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GREENWICH, Conn., April 23, 2020 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (“XPO” or the “Company”) (NYSE: XPO) today announced the pricing of its previously announced issuance of $850 million of senior notes due 2025 (the “notes”). This represents an upsize of $100 million from the amount previously disclosed. The closing of the private placement of the notes is expected to occur on April 28, 2020, subject to customary closing conditions.The notes will bear interest at a rate of 6.250% payable semiannually, in cash in arrears on May 1 and November 1 of each year, commencing November 1, 2020 and maturing on May 1, 2025.The Company intends to use the net proceeds from the issuance of the notes for general corporate purposes, which may include the repayment of amounts outstanding under our existing revolving credit facility, the repayment...
Parker to Announce Fiscal 2020 Third Quarter Earnings on April 30th; Conference Call and Webcast Scheduled for 11 a.m. Eastern
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CLEVELAND, April 23, 2020 (GLOBE NEWSWIRE) — Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that it will release its fiscal 2020 third quarter earnings before the market opens on Thursday, April 30, 2020, followed by a conference call at 11:00 a.m., Eastern time. During the call, the company will discuss fiscal 2020 third quarter results and respond to questions from institutional investors and security analysts. The conference call will be webcast simultaneously on Parker’s investor information website at www.phstock.com with an accompanying slide presentation. The webcast will be archived on the site and available for replay later that day.Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company...
Tabula Rasa HealthCare to Release First Quarter 2020 Operating Results May 7, 2020
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MOORESTOWN, N.J., April 23, 2020 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc. (NASDAQ:TRHC), will release its first quarter 2020 operating results Thursday, May 7, 2020, after market close, on the investor relations section of TRHC’s website at ir.trhc.com. A conference call hosted by THRC CEO, Chairman and Founder, Calvin H. Knowlton, Ph.D.; TRHC Co-Founder, President, Chief Marketing and Business Development Officer, Orsula V. Knowlton, PharmD; and TRHC Chief Financial Officer, Brian W. Adams will follow at 5:00 p.m. EDT.The conference call will be broadcast live in listen-only mode on the investor relations section of TRHC’s website (ir.trhc.com). An audio file of the call also will be archived and available for replay approximately two hours after the live event for a period of 90 days. Shareholders and interested participants...
Goldfield Announces Schedule for First Quarter 2020 Earnings Release and Conference Call
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MELBOURNE, Fla., April 23, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers through its subsidiaries Power Corporation of America, C and C Power Line, Inc., Precision Foundations, Inc., and Southeast Power Corporation, with operations primarily in the Southeast, mid-Atlantic and Texas-Southwest regions of the United States, today announced it will issue first quarter 2020 financial results after the market closes on Wednesday, May 6. Investors can access the financial results (including any information required by Regulation G) at http://ir.goldfieldcorp.com/financial-results.The Company’s President and Chief Executive Officer John H. Sottile and Chief Financial Officer Stephen R. Wherry will host a conference...
Rockcliff Discovers At Tower Deposit High Grade Copper Extensions Along Strike Including 4.88% CuEq Across 13.53 Metres and at Depth Including 5.87% CuEq Across 1.12 Metres
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SUDBURY, Ontario, April 23, 2020 (GLOBE NEWSWIRE) — Rockcliff Metals Corporation (“Rockcliff” or the “Company”) (CSE: RCLF) (FRANKFURT: RO0, WKN: A2H60G) is pleased to announce the completion of a successful winter drill program on its 100% owned Tower Property. Drilling has intersected high-grade copper extensions along strike to the south and at depth outside of the current limits of the high-grade Tower Deposit. The Tower Deposit mineralization strike length is now over 900 metres (“m”) and has been intersected to depths of over 600 m. It remains open along strike to the south and at depth.Rockcliff’s President and CEO Alistair Ross commented: “We are extremely pleased to report that our 2020 winter drill program has exceeded expectations. The Tower Deposit is presently one of the highest grade unmined deposits in the prolific...
Arch Biopartners Submits Application to Health Canada to Conduct COVID19 Phase II Human Trial for Metablok to Prevent Lung and Kidney Inflammation
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TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — Arch Biopartners Inc., (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF) a clinical stage company developing new drug candidates for treating organ damage caused by inflammation, today announced it has submitted a Clinical Trial Application to Health Canada for a Phase II human trial for its lead drug Metablok (LSALT peptide) to prevent lung and kidney inflammation in patients with COVID19.The Phase II trial will be a multicenter, randomized, double-blind, placebo-controlled, proof of concept study of LSALT peptide. The primary endpoint is to prevent acute respiratory distress syndrome (ARDS) in patients infected with SARS-CoV-2 (COVID-19).In the absence of a vaccine to prevent SARS-CoV-2 infection, survival rates and health care system capacity could both be improved with...
Jericho Oil to Raise $5 Million CAD in Equity Financing for Future Acquisitions
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Not for dissemination in the United States or for distribution to U.S. newswire servicesTULSA, Okla. and VANCOUVER, British Columbia, April 23, 2020 (GLOBE NEWSWIRE) — Jericho Oil Corporation (“Jericho”) (TSX-V: JCO) announces that it intends to raise approximately $5 Million CAD through a non-brokered private placement (the “Offering”) of approximately 50,000,000 units (“Units”) at a price of C$0.10 per Unit, with each such Unit consisting of one common share of the Corporation (each, a “Common Share”) and one Common Share purchase warrant (each, a “Warrant”), with each Warrant being exercisable for one additional Common Share at an exercise price of $0.13 CAD for a period of 36 months from the date of issuance.Net proceeds from the Offering, which is being led by existing shareholders,...
Glacier Bancorp, Inc. Announces Results for the Quarter Ended March 31, 2020
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1st Quarter 2020 Highlights:Net income of $43.3 million for the current quarter, a decrease of $5.8 million, or 12 percent, over the prior year first quarter net income of $49.1 million. The current quarter results include $19.1 million of credit loss expense related to the COVID-19 pandemic and $4.8 million of credit loss expense from the acquisition of State Bank Corp., consistent with the adoption of the current expected credit loss (“CECL”) accounting standard at the beginning of 2020.Including the impact from CECL, the current quarter diluted earnings per share of $0.46, a decrease of 21 percent from the prior year first quarter diluted earnings per share of $0.58.The loan portfolio organically grew $124 million, or 5 percent annualized, during the current quarter and increased $450 million, or 5 percent, from the prior year first...