Day: April 28, 2020

OTTAWA, April 28, 2020 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX: CGY) has again been awarded a Department of National Defence (DND) contract to provide training services for the Canadian Forces School of Aerospace Technology and Engineering (CFSATE).CFSATE, based at Canadian Forces Base Borden, delivers aerospace, technical and engineering training and provides the Royal Canadian Air Force (RCAF) with qualified aircraft maintenance personnel. Under the contract, Calian will deliver training and other services to CFSATE, including course review, design and delivery and technology support.The initial contract term is two years, with an awarded value of approximately $18 million. With two optional extension periods of two years each, the aggregate contract value over the full six-year period is approximately $54 million. Calian was...

GULFPORT, Miss., April 28, 2020 (GLOBE NEWSWIRE) — Hancock Whitney Corporation (Nasdaq: HWC) today announced its financial results for the first quarter of 2020, a loss of $111.0 million, or ($1.28) per diluted common share (EPS), driven by a reserve build in response to deterioration in the macroeconomic environment from COVID-19 and lower oil prices.Includes $246.8 million, or $2.24 per share provision for credit losses related to COVID-19 and declining oil pricesIncludes $9.8 million, or $.11 per share related to write-offs of equity interests in two energy companies which were received in bankruptcy restructuringsThe allowance for expected credit losses was increased to $475 million, or 2.21% of total loansThe company remains well capitalized with a tangible capital (TCE) ratio of 8% and regulatory ratios well in excess of required...

PHILADELPHIA, April 28, 2020 (GLOBE NEWSWIRE) — Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort destinations, today announced that the Company will release its financial results for the first quarter 2020 after the market close on Wednesday, May 6, 2020. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, May 7, 2020. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.A live audio webcast of the conference call will be available on the Company’s website at www.hersha.com. The conference call can be accessed by dialing 1-888-317-6003 or 1-412-317-6061 for international...

SANTA MONICA, Calif., April 28, 2020 (GLOBE NEWSWIRE) — Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company comprised of several marketplace and media properties, today announced it will report its first quarter 2020 financial results after market close on May 11, 2020. Together with a standard earnings release announcing its first quarter 2020 financial results Leaf Group will also release a Shareholder Letter, which will be posted on its investor website at ir.leafgroup.com on May 11, 2020. The Leaf Group Shareholder Letter will include a quarterly earnings review along with a more detailed discussion of business trends and key topics. Leaf Group will also host a Q&A session via conference call to discuss the results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day.Leaf Group Ltd. First...

More than 75% of the planned ~500 patients enrolled in the trialTrial to continue as planned after third safety review by independent data monitoring committeeInterim superiority analysis expected around year-end; final analysis in second half of 2021LYON, France and CAMBRIDGE, Mass., April 28, 2020 (GLOBE NEWSWIRE) — ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company developing red blood cell-based cancer therapeutics, today  provided an update on the pivotal Phase 3 clinical trial for advanced metastatic pancreatic cancer (TRYbeCA-1), which is evaluating the efficacy and safety of ERYTECH’s lead product candidate eryaspase in combination with chemotherapy as second-line therapy.“We are pleased that the TRYbeCA-1 trial has continued to progress well despite the challenges caused by the COVID-19...

Southfield, Michigan, April 28, 2020 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE:SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates or has an interest in manufactured housing and recreational vehicle communities, today announced that it has commenced an underwritten public offering of 3,600,000 shares of its common stock. The Company expects to grant the underwriters a 30-day option to purchase up to an additional 540,000 shares of its common stock. The Company intends to use the net proceeds of the offering to repay borrowings outstanding under the revolving loan under its senior credit facility, to fund possible future acquisitions of properties and for working capital and general corporate purposes. Citigroup, BofA Securities, BMO Capital Markets and RBC Capital Markets are acting as joint book-running...

VANCOUVER, British Columbia, April 28, 2020 (GLOBE NEWSWIRE) — Fosterville South Exploration Ltd (TSX-V: FSX) (“Fosterville South”) has appointed Clarus Securities Inc. as Lead Agent on behalf of a syndicate of agents, to sell, by way of a private placement on a commercially reasonable best efforts basis, up to 9,091,000 units of Fosterville South (the “Units”) at a price per Unit of $1.10 (the “Issue Price”) for aggregate gross proceeds of up to $10,000,100. Each Unit will consist of: (i) one common share (each, a “Common Share”); and (ii) one-half of one common share purchase warrant (the “Warrants”). Each Whole Warrant will entitle the holder to purchase a Common Share at an exercise price of $2.00 for a period of 24 months following the closing of the Offering.Participation in the financing is expected to include certain current...

RALEIGH, N.C., April 28, 2020 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE:HIW) announces its Board of Directors today declared a cash dividend of $0.48 per share of common stock for the quarter ended March 31, 2020, which equates to an annual dividend of $1.92 per share. This quarterly dividend is payable on June 8, 2020 to all holders of record as of May 18, 2020.The Board also declared a cash dividend of $21.5625 per share of the Company’s 8 5/8% Series A Cumulative Redeemable Preferred Stock.  The dividend is payable on June 1, 2020, which is the next regularly scheduled dividend payment date, to all holders of record as of May 15, 2020.About HighwoodsHighwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. ...