Day: April 30, 2020

BURLINGTON, Mass., April 30, 2020 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced that it will report its first-quarter 2020 financial results after the close of the U.S. financial markets on Thursday, May 7, 2020. Flexion’s management will host a conference call at 4:30 p.m. ET to discuss the results and provide an update on business operations.  A live webcast of the conference call can be accessed through the “Investors” tab on the Flexion Therapeutics website, and a replay will be available online after the call. For those planning to ask a question, the dial-in number for the conference call is 855-770-0022 for domestic participants and 908-982-4677 for international participants, with Conference ID # 4498458. Please dial in at least 15 minutes in advance to ensure a timely connection to the call.About...

First Quarter SummaryNet loss of $2.4 million, or $(0.10) per fully diluted shareTotal new loan commitments of $52.5 million and loan fundings of $33.3 millionTotal loans increased $16.8 million, or 1.5%, from December 31, 2019Provision for loan and lease losses of $6.2 million primarily as a result of net charge-offs of $2.3 million, an increase in classified and non-performing loans, and qualitative factor increases related to the COVID-19 pandemic (“COVID”)Borrowings increased to $120.0 million in preparation of the Bank’s participation in the Paycheck Protection Program (“PPP”) for small businesses created under the CARES Act in response to COVIDCOSTA MESA, Calif., April 30, 2020 (GLOBE NEWSWIRE) — Pacific Mercantile Bancorp (Nasdaq: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”),...

Selected HighlightsFirst quarter net loss of $3.4 millionQuarterly Operating EBITDA* of $57.0 millionCash on hand and available credit facilities provide liquidity of about $516.5 million at March 31, 2020NEW YORK, April 30, 2020 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2020 Operating EBITDA decreased to $57.0 million from $123.8 million in the first quarter of 2019 and increased from negative $34.2 million in the fourth quarter of 2019.In the first quarter of 2020, net loss was $3.4 million (or $0.05 per share) compared to net income of $51.6 million (or $0.79 per basic share and $0.78 per diluted share) in the first quarter of 2019 and a net loss of $72.7 million (or $1.11 per share) in the fourth quarter of 2019. Mr. David Gandossi, the Chief Executive Officer, stated: “The outbreak...

Columbus, OH, April 30, 2020 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) will host a conference call to discuss the Company’s quarterly results on Thursday, May 7, 2020 at 5:00 p.m. Eastern Time. To hear a live webcast of the call, visit www.mt.com/investors on the Company’s website. A replay of the webcast will be available until May 11, 2020.        METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services. We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them. We are recognized as an innovation leader and our solutions are critical in key R&D, quality control, and manufacturing processes for customers in a wide range of industries including life sciences, food, and chemicals. Our...

LYON, France, 30 avr. 2020 (GLOBE NEWSWIRE) — ERYTECH Pharma (Euronext Paris et Nasdaq : ERYP), société biopharmaceutique de stade clinique qui développe des thérapies innovantes en encapsulant des médicaments dans les globules rouges, publiera ses résultats du premier trimestre 2020 le mercredi 6 mai 2020, après bourse, et tiendra un webcast de présentation en anglais le jeudi 7 mai 2019 à 14h30 (heure de Paris).Les investisseurs et analystes souhaitant participer au webcast pourront y accéder via les numéros suivants :France : +33 1 70 80 71 53États-Unis/Canada : +1 (833) 818-6807Royaume-Uni : +44 2031070289Numéro de connexion international : +1 (409) 350-3501Mot de passe : 9688486#Le webcast pourra être suivi à l’aide du lien suivant : https://edge.media-server.com/mmc/p/ub95wf2dIl sera également disponible à la réécoute sur...

VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) held its Annual and Special Meeting of Shareholders (the “Meeting”) on Wednesday, April 29, 2020 in a virtual format, officially out of Vancouver, British Columbia. Shareholders approved all resolutions presented at the Meeting including the election of eight nominated directors, the appointment of KPMG LLP as Westport Fuel Systems auditors, the amendment of the Omnibus Incentive Plan and an advisory Say-on-Pay vote.A summary of the results are as follows:The Company’s Chief Executive Officer, David M. Johnson also provided an update on the business of Westport Fuel Systems. A copy of the presentation delivered in this regard can be found at https://wfsinc.com/investors/corporate-overview...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) — GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) is pleased to announce that it intends to complete a non-brokered private placement of up to 2,000,000 units (each a “Unit”) at a price of $0.15 per Unit for gross proceeds of up to $300,000. Each Unit consists of one common share and one-half of one common share purchase warrant (the “Warrants”). Each whole Warrant entitles the holder to purchase one common share of the Company at a price of $0.20 per share for a period of twenty-four (24) months following the date of issuance.In connection with the Private Placement, the Company may...

Tórshavn, Faroe Islands, 2020-04-30 (GLOBE NEWSWIRE) — Today P/F Atlantic Petroleum  (NASDAQ OMX: ATLA DKK & Oslo Stock Exchange: ATLA NOK) held the Annual General Meeting in Tórshavn, Faroe Islands.Petur Even Djurhuus was elected Chairman of the Meeting.The Chairman presented the Board of Director’s and management’s statement of the Company’s activity during 2019.The audited Annual Accounts were presented and approved by the General Meeting.The General Meeting approved the remuneration to the Board in A: 2019 and B: 2020.It was decided to carry forward the result from 2019 to the next year.According to the Articles of Association all Members of the Board are up for election for a period of one year, namely: Ben Arabo, Kaj Johannessen and Mourits Joensen. The Board proposed re-election. The General Meeting elected the board...

MONROEVILLE, Pa., April 30, 2020 (GLOBE NEWSWIRE) — Standard AVB Financial Corp. (the “Company”) (NASDAQ: STND), the holding company for Standard Bank, PaSB, announced earnings for the quarter ended March 31, 2020 of $1.1 million, or $0.24 per basic share, compared to $2.2 million, or $0.47 per basic share, for the quarter ended March 31, 2019.  The decrease in earnings resulted primarily from a decrease in the net equity securities fair value adjustment included in noninterest income, a higher provision for loan losses and lower interest income, partially offset by lower income taxes.  The Company’s annualized return on average assets and average equity was 0.46% and 3.14%, respectively, for the quarter ended March 31, 2020 compared to 0.91% and 6.35%, respectively, for the quarter ended March 31, 2019.The Company’s board of directors...

MONACO, April 30, 2020 (GLOBE NEWSWIRE) — Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE:NNA) announced today that it will host a conference call on Wednesday, May 6, 2020 at 8:30 am ET, at which time Navios Acquisitions’ senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2020.The Company will announce earnings results for the first quarter ended March 31, 2020, prior to the conference call.A supplemental slide presentation will be available on the Navios Acquisition website at www.navios-acquisition.com under the “Investors” section by 8:00 am ET on the day of the call.Conference Call details:Call Date/Time: Wednesday, May 6, 2020 at 8:30 am ETCall Title: Navios Acquisition Q1 2020 Financial Results Conference CallUS...