Month: April 2020

COPENHAGEN, Denmark, April 24, 2020 (GLOBE NEWSWIRE) — Forward Pharma A/S (NASDAQ:FWP) (“We,” “Forward” or the “Company” and, together with its subsidiaries, the “Group”), today reported consolidated financial and operating results for the year ended December 31, 2019. Our net loss for the year ended December 31, 2019 was $(4.2) million, or $(0.04) per share, versus a net loss of $(8.7) million, or $(0.09) per share for the year ended December 31, 2018. Our research and development and general and administrative costs decreased from $12.3 million for the year ended December 31, 2018 to $5.3 million for the year ended December 31, 2019.Operating Results for the Year Ended December 31, 2019Research and development costs for the years ended December 31, 2019 and 2018 were $1.0 million and $2.7 million, respectively. The decrease in...

DAYTONA BEACH, Fla., April 24, 2020 (GLOBE NEWSWIRE) — Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company” or “CTO”) today announced the closing of the sale of its CVS ground lease located in downtown Dallas, Texas, for a sales price of $15.2 million, reflecting an exit cap rate of 4.50%.  The Company was represented by The Mansour Group of Marcus & Millichap.  Approximately $10.4 million of the proceeds received from the sale constituted the completion of a Section 1031 like-kind exchange into the recently-purchased Perimeter Place asset in Atlanta, Georgia.  The remaining proceeds are expected to be part of a future Section 1031 like-kind exchange.  The Company’s estimated gain on the sale is approximately $0.8 million, or $0.13 per share after tax.About Consolidated-Tomoka Land Co.Consolidated-Tomoka Land Co....

ATLANTA, April 24, 2020 (GLOBE NEWSWIRE) — Gray Television, Inc. (NYSE:GTN) announced today that due to the public health impact of the novel coronavirus and COVID-19 and to support the health and well-being of its shareholders, employees, and their families, it will hold its Annual Meeting of Shareholders (the “Annual Meeting”) in a virtual meeting format only, via webcast, in place of a physical gathering.As previously announced, the Annual Meeting will be held on Wednesday, May 6, 2020 at 11:30 a.m., Eastern time. Shareholders of record at the close of business on March 9, 2020 are eligible to attend, participate in, and vote at the Annual Meeting. To attend, participate in and/or vote at the virtual Annual Meeting, shareholders must register by May 3, 2020 at 11:59 p.m., Eastern time, at http://viewproxy.com/graytelevision/2020/....

HOUSTON, April 24, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today announced that on April 22, 2020, the Company was notified by the New York Stock Exchange (the “NYSE”) that the price of the Company’s common stock has fallen below the NYSE’s continued listing standards. The NYSE requires that the average closing price of a listed company’s common stock not be less than $1.00 per share for a period of over 30 consecutive trading days.Under the NYSE rules, VAALCO can regain compliance if on the last trading day in any calendar month the common stock has (i) a closing price of at least $1.00 per share and (ii) an average closing price of at least $1.00 per share over the 30 consecutive trading-day period ending on the last trading day of such month. As required by the NYSE, the Company...

STAMFORD, Conn., April 24, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (Nasdaq: EGLE) will report its financial results for the first quarter ended March 31, 2020, after the close of stock market trading on Thursday, May 7, 2020. Members of Eagle Bulk’s senior management team will host a teleconference and webcast at 8:00 a.m. ET on Friday, May 8, 2020 to discuss the results.To participate in the teleconference, investors and analysts are invited to call +1 844-282-4411 in the U.S., or +1 512-900-2336 outside of the U.S., and reference participant code 1689663. A simultaneous webcast of the call, including a slide presentation for interested investors and others, may be accessed by visiting http://www.eagleships.com.A replay will be available following the call from 11:00 AM ET on May 8, 2020 until 11:00 AM ET on May 17, 2020....

NORTHLAKE, Texas, April 24, 2020 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today announced that the Company will release financial results for its third quarter ended March 31, 2020 and provide an update on its third quarter events after the market closes on Thursday, May 7, 2020. President and Chief Executive Officer, Deverl Maserang, and Chief Financial Officer, Scott Drake, will host an audio-only investor conference call webcast on that day at 5:00 p.m. Eastern time (4:00 p.m. Central time) to review the Company’s financial results. The Company’s earnings press release will be available on the Company’s website at www.farmerbros.com under “Investor Relations.”The details for the webcast are:The audio-only webcast will be archived for at least 30 days on the Investor Relations section of the Farmer Bros....

Dallas, Texas, April 24, 2020 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE:  VHI) announced today that, as disclosed in its proxy statement filed with the Securities and Exchange Commission on April 7, 2020, its stockholders will vote on a proposal to approve a reverse stock split of Valhi’s common stock at a reverse stock split ratio of 1-for-8, 1-for-10 or 1-for-12, as determined by its board of directors following stockholder approval, at its annual meeting of stockholders scheduled to be held on May 28, 2020. As disclosed in the proxy statement, Valhi’s controlling stockholder has indicated its intention to have its shares represented at the meeting and to vote its shares in favor of the reverse stock split proposal, in which case the proposal will be approved.  The company expects to effect the reverse stock split promptly following...

ROCKVILLE, Md., April 24, 2020 (GLOBE NEWSWIRE) — Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a pharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, today announced that the Company expects to report business results for the first quarter 2020 after 5:00 p.m. ET on Tuesday, May 5, 2020.Jack Khattar, President and Chief Executive Officer, and Greg Patrick, Senior Vice President and Chief Financial Officer, will host a conference call to present the first quarter 2020 business and financial results on Wednesday, May 6, 2020 at 9:00 a.m. ET. Following management’s prepared analysis and discussion of business results, the call will be open for questions.A live webcast will be available at www.supernus.com.Please refer to the information below for conference...

DUBLIN, Ireland, April 24, 2020 (GLOBE NEWSWIRE) — Prothena Corporation plc (NASDAQ:PRTA) today announced a change in the location of its annual general meeting of shareholder scheduled to be held on Tuesday, May 19, 2020. The meeting will convene as scheduled at The Merrion Hotel, Upper Merrion Street, Dublin 2, Ireland, at 4:00 p.m. local time, but will then immediately adjourn and reconvene at the offices of the Company’s legal counsel, A&L Goodbody, North Wall Quay, IFSC, Dublin 1, Ireland, at 4:30 p.m. local time.The Company announced this change in venue due to the COVID-19 pandemic and restrictions issued by governmental authorities in Ireland in response to that pandemic, and to protect the health and safety of the Company’s shareholders, directors, employees, service providers and local community.Given the restrictions...

MEMPHIS, Tenn., April 24, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (“First Horizon”) (NYSE: FHN) today announced receipt of shareholder approval for its previously announced all-stock merger of equals with IBERIABANK Corporation (“IBERIABANK”). The shareholders of each company approved the merger at special meetings held on April 24, 2020. Upon completion of the transaction, the combined company will be one of the largest financial services companies headquartered in the South and one of the top 25 banks in the U.S. in deposits. The companies expect the merger to close in the second quarter of 2020, subject to satisfaction of customary closing conditions, including receipt of regulatory approvals.Bryan Jordan, Chairman and CEO of First Horizon, said, “We are pleased that our shareholders strongly support...