Day: April 27, 2020

CALGARY, Alberta, April 27, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) will hold its 2020 annual general meeting (the “Meeting”) on Thursday, May 7, 2020 at 3:00pm (MDT). The Meeting has been moved from its original location and will now be held at Baytex’s Calgary office located at 2800, 520 – 3rd Ave SW.Due to restrictions on gatherings implemented by the Government of Alberta in response to the COVID-19 (Coronavirus) outbreak, guidelines issued with respect to social distancing and out of concern for the wellbeing of all participants, we strongly recommend that shareholders not attend the meeting in-person. Shareholders can listen to the Meeting via live webcast at http://services.choruscall.ca/links/baytex20200507.html. An archived recording of the webcast will be available...

SANTA ROSA, Calif., April 27, 2020 (GLOBE NEWSWIRE) — Summit State Bank (Nasdaq: SSBI) today reported net income for the quarter ended March 31, 2020 of $2,415,000 and diluted earnings per share of $0.40.  A quarterly dividend of $0.12 per share was declared for common shareholders.DividendThe Board of Directors declared a $0.12 per share quarterly dividend on April 27, 2020 to be paid on May 22, 2020 to shareholders of record on May 15, 2020.Net Income and Results of OperationsFor the quarter ended March 31, 2020, Summit State Bank (“Bank”) had net income of $2,415,000 and diluted earnings per share of $0.40 compared to $1,425,000 in net income and $0.23 diluted earnings per share for the same quarter in 2019.Net income increased $990,000 or 69% the first quarter of 2020 compared to first quarter of 2019. Net interest income increased...

MONTRÉAL, Québec, April 27, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (the “Corporation” or “Elixxer”) (TSX-V: ELXR and OTC-QB: ELIXF) announces that, due to logistics and delays caused by the COVID-19 pandemic, it will postpone the filing of its annual consolidated financial statements and related management’s discussion for the 15-month period ended December 31, 2019 (the “Disclosure Documents”).Elixxer is relying on the blanket exemption provided by the Autorité des marchés financiers and similar exemptions provided by the other members of the Canadian Securities Administrators pursuant to which issuers are granted an additional 45 days to complete their regulatory filings.  Elixxer anticipates that its Disclosure Documents will be filed on or about June 15, 2020.  Until such time as the Disclosure Documents are filed, as required...

EINDHOVEN, The Netherlands, April 27, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today reported financial results for the first quarter 2020, ended March 29, 2020.“Consistent with our preannouncement on April 7, 2020, NXP delivered first quarter revenue of $2.02 billion, a 3 percent decline from the year ago period,” said Richard Clemmer, NXP Chief Executive Officer. “During this period of widespread societal disruption, our focus continues to be the long-term health and safety of all our NXP team members, and on assuring the utmost support for our customers and partners. I am extremely proud of the adaptability and engagement of all our teams during this challenging period. From a business perspective, we currently find ourselves navigating a challenging and very fluid environment. We are working diligently...

ROANOKE, Va., April 27, 2020 (GLOBE NEWSWIRE) — The Board of Directors of RGC Resources, Inc. (NASDAQ: RGCO), at its meeting on April 27, 2020, declared a quarterly dividend of $0.175 per share on the Company’s common stock. The dividend will be paid on August 1, 2020 to shareholders of record on July 15, 2020. This is the Company’s 305th consecutive quarterly cash dividend.RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries including Roanoke Gas Company and RGC Midstream, L.L.C.From time to time, the Company may publish forward-looking statements relating to such matters as anticipated financial performance, business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Litigation...

CALGARY, Alberta, April 27, 2020 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total Energy”) (TSX:TOT) announces that its upcoming Annual Meeting of Shareholders (the “Meeting”) scheduled for Wednesday, May 13, 2020 at 10:00 a.m. (Mountain Time) will now be held at Total Energy’s head office located at Suite 800, 311 6th Ave SW and broadcast via live audio-only webcast. The date and time of the Meeting are unchanged.Due to public health measures implemented to combat the spread of the novel coronavirus COVID-19, including restrictions on mass gatherings implemented by the Government of Alberta, shareholders are strongly encouraged not to attend the Meeting in person. Total Energy encourages all shareholders to vote their shares in advance of the Meeting by mail, telephone or internet in the manner set out in the Meeting...

DAYTONA BEACH, Fla., April 27, 2020 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the first quarter of 2020.Revenues for the first quarter of 2020 under U.S. generally accepted accounting principles (“GAAP”) were $698.5 million, increasing $79.2 million, or 12.8%, compared to the first quarter of the prior year, with commissions and fees increasing by 12.8% and Organic Revenue(1) increasing by 5.6%. Net income was $152.4 million, increasing $38.5 million, or 33.8%, and diluted net income per share increased to $0.54, or 35.0%, each as compared to the first quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.51, or 24.4%, compared to the first quarter of the prior year.In accordance with Accounting...

SALINAS, Calif., April 27, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus”) (CSE:INDS; OTCQX: INDXF), a leading, vertically-integrated cannabis company, will release its financial results for the fourth quarter and fiscal year (ended December 31, 2019), as well as provide insight into the first quarter 2020 (ended March 31, 2020) after the market closes on Wednesday, April 29. Indus Holdings, Inc. will host a conference call with management on Thursday, April 30 at 4:30 p.m. EDT, in which they will address these recent financial and operational results.The conference call with management at 4:30 p.m. EDT on Thursday, April 30 can be accessed using the following dial-in information:U.S. and Canadian Toll-free: +1 877-876-9173International: +1 785-424-1667Conference ID: INDUS419Please dial-in at least 10 minutes...

LUXEMBOURG, April 27, 2020 (GLOBE NEWSWIRE) — On Thursday, April 30, 2020, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the first quarter 2020. A press release and presentation will be available on Altisource’s website in the Investor Relations section.Altisource will also host a conference call at 8:30 a.m. EDT on the same day to discuss its first quarter 2020 results. A link to the live audio webcast will be available on Altisource’s website in the Investor Relations section. Those who want to listen to the call should go to the website at least fifteen minutes prior to the call to register, download and install any necessary audio software. A replay of the conference call will be available via the website approximately two hours after the conclusion of the call and will remain available...

ZHEJIANG, China, April 27, 2020 (GLOBE NEWSWIRE) — SORL Auto Parts, Inc. (NASDAQ: SORL) (“SORL” or the “Company”), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, today announced that Institutional Shareholder Services Inc. (“ISS”) has recommended that SORL stockholders vote “FOR” the proposed going private transaction for $4.72 per share of common stock in cash, as contemplated in the Company’s previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of November 29, 2019, with Ruili International Inc. (“Parent”), and Ruili International Merger Sub Inc. (“Merger Sub”), pursuant to which Merger Sub will be merged with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly-owned subsidiary of Parent.ISS...