Day: April 23, 2020

Leverages Leading World-Class Hyperscale Public Cloud Providers & ISVs To Offer Innovative Cloud Solutions   NEW YORK, April 23, 2020 (GLOBE NEWSWIRE) — KDDI America, a subsidiary of “KDDI Corporation”, a Fortune Global 500 company with three datacenters in the U.S., announced it has evolved into an end-to-end cloud services and solutions provider that enables digital transformation and ICT solution services for cloud migration, hybrid-cloud planning and provisioning, with high-speed transactional connectivity services. Visit www.KDDIaCloud.com.“In today’s rapidly transforming, always-on digital environment, it is important to help accelerate our customers’ hybrid- and multi-cloud strategies by moving cost effective workloads to public clouds,” said Masatoshi Nobuhara, KDDI America’s CEO and President. “KDDI America is a single-source...

ELK GROVE VILLAGE, Ill., April 23, 2020 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company, today announced that it received a Small Business Administration (“SBA”) Payroll Protection Loan (“PPP”) in the amount of approximately $6.3 million, pursuant to the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”) on April 23, 2020.  The PPP loan matures on April 23, 2022 and bears interest at the rate of 1.00% per annum.  Payments of principal and interest commence on November 23, 2020.  The loan may be prepaid at any time prior to maturity with no penalty.A portion or all of the PPP loan may be forgiven by the SBA upon application by SigmaTron. Eligible expenses to be forgiven include U.S. payroll costs, continuation of healthcare costs, mortgage interest, rent...

Topline Growth Driven by 66% Increase in National Carrier Revenue and 75% Increase in MSO Revenue over the prior year quarter; offset by decreases in International SalesOrders in Backlog increased 61% to $9.3 million over the prior quarter Continued Execution on Operational Effectiveness Initiatives Produces Near 40% Gross Profit Margin, the Highest Quarterly Level in Two Years Fiscal Year 2020 Financial Guidance Suspended Due to COVID-19MINNEAPOLIS, April 23, 2020 (GLOBE NEWSWIRE) — Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, reported results for the fiscal second quarter and first half of fiscal 2020 ended March 31, 2020. Management Commentary on 1st Half Performance“The second quarter was a strong performance period for Clearfield, as we achieved $20.4 million in revenue,...

SAINT LAURENT, Quebec, April 23, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSX V:IGX)(OTCQX:IGXT) (the “Company” or “IntelGenx”), a leader in pharmaceutical films, today announced that, due to the public health and safety concerns related to the novel coronavirus (COVID-19) pandemic, and to support the health and well-being of the Company’s directors, employees and stockholders, the location of the Company’s 2020 Annual Meeting of Stockholders (including any adjournments or postponements, the “Annual Meeting”) has been changed to a virtual-only meeting format.The Annual Meeting will be held at 11:00 a.m. Eastern Time, on Tuesday, May 12, 2020. Stockholders will not be able to attend the Annual Meeting in person, but instead will be able to attend virtually as noted below.As described in the proxy...

NEWARK, Del., April 23, 2020 (GLOBE NEWSWIRE) — Artesian Resources Corporation (NASDAQ: ARTNA) announced today that it will hold its annual meeting of shareholders via telephone to protect the wellbeing of its shareholders, employees and other invited guests in light of the public health concerns related to the COVID-19 pandemic.  Artesian Resources will not be hosting an in-person annual meeting this year.  Notice is hereby given that the Artesian Resources’ Annual Meeting of Shareholders, to be held on May 6, 2020 at 1:30 p.m. (EST), will be held in telephonic format only.  As noted in proxy materials previously provided to holders of Artesian Resources’ Class B Common Stock, shareholders of record on March 10, 2020 are invited to participate in the meeting by phone.  To receive the required dial-in information for the meeting...

Correction is due to inaccurate translation of the Norwegian announcement released 17.30 CEST today. Sentence starting with * is corrected in the attached. At its meeting on 23 April 2020, the Board of Directors of Lerøy Seafood Group ASA approved the final financial statements for 2019.The Board of Directors emphasises that uncertainty relating to assessment of future development is much greater than normal, as it is extremely difficult to estimate the extent and scope of the consequences of the ongoing corona pandemic. Based on the new risk incurred due to the pandemic, the Board of Directors’ expectation for the Group’s earnings in the current year differ from what was communicated in conjunction with the preliminary financial figures published on 25 February 2020.The Board of Directors retains its guiding for projected earnings for...

TORONTO, April 23, 2020 (GLOBE NEWSWIRE) — INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) is pleased to announce it will be hosting a Live Town Hall Webinar (“Webinar”) with O&M Partners on Tuesday, April 28 at 4:05 pm EDT.INV Metals is focused on the sustainable development of the Loma Larga gold, copper and silver project (“Loma Larga”) and on the exploration of its greenfields projects, located in Ecuador. Please join the Company’s Chief Executive Officer, Ms. Candace MacGibbon, for an overview of the Company, focused on INV Metals’ efforts within 2020 to advance Loma Larga towards development.During the Webinar, Mr. Brien Lundin will provide an overview of current macro economic trends and the related impact on the gold price, highlighting the opportunities within the gold sector. With a career spanning four...

ELK GROVE VILLAGE, Ill., April 23, 2020 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company, hereby provides an update on its international operations due to the international footprint that it enjoys and the various COVID-19 related mandates issued in the countries where the Company has operations.Our China operation was shut down for one week after Lunar New Year in February 2020.  It resumed operations on February 11, 2020 and slowly added personnel such that by the end of  February 2020 it was back to the same level of capacity it had prior to Lunar New Year.  At this time, there are no issues affecting manufacturing capacity and operations. Our Vietnam operation has no mandates in place that have affected the operation.  It has been in full production the entire period.Our...

WEST POINT, Va., April 23, 2020 (GLOBE NEWSWIRE) — C&F Financial Corporation (the Corporation) (NASDAQ:CFFI), the one-bank holding company for C&F Bank, today reported consolidated net income of $3.6 million, or $0.98 per share, for the first quarter of 2020, compared to $3.8 million, or $1.08 per share, for the first quarter of 2019. For the first quarter of 2020, the Corporation’s annualized returns on average equity (ROE) and on average assets (ROA) were 8.27 percent and 0.79 percent, respectively, compared to 9.96 percent and 1.00 percent for the first quarter of 2019. Excluding merger related costs incurred in 2020 in connection with the Corporation’s acquisition of Peoples Bankshares, Incorporated (Peoples), which was completed on January 1, 2020, adjusted net income for the first quarter of 2020 was $4.4 million,...