Month: April 2020

Delisting of Securities of Internap Corporation and Paringa Resources Limited from The Nasdaq Stock Market

Written by Customer Service on April 20, 2020. Posted in Public Companies.

NEW YORK, April 20, 2020 (GLOBE NEWSWIRE) — The Nasdaq Stock Market announced today that it will delist the common stock of Internap Corporation. Internap Corporation’s common stock was suspended on March 26, 2020 and have not traded on Nasdaq since that time. Nasdaq also announced today that it will delist the American Depository Shares of Paringa Resources Limited. Paringa Resources Limited’s American Depository Shares were suspended on March 5, 2020 and have not traded on Nasdaq since that time.Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delisting and whether the companies’ securities are trading on another venue, please...

Nasdaq Temporary Relief Extends Stein Mart’s Listing Compliance Period

Written by Customer Service on April 20, 2020. Posted in Public Companies.

JACKSONVILLE, Fla., April 20, 2020 (GLOBE NEWSWIRE) — Stein Mart, Inc. (NASDAQ: SMRT) today announced that it qualifies for recently announced temporary relief from compliance with The Nasdaq Stock Market (Nasdaq) $1.00 minimum bid price requirement (the “Minimum Bid Price Requirement”).As previously disclosed, Nasdaq had advised the company that it had until July 6, 2020 to regain compliance with the Minimum Bid Price Requirement. However, on April 16, 2020, Nasdaq announced that, in response to the COVID-19 pandemic and related extraordinary market conditions, it is providing temporary relief from bid price and other requirements through June 30, 2020. As a result, the Company has until September 18, 2020 to regain compliance with the Minimum Bid Price Requirement.Stein Mart is evaluating its options to regain compliance...

Calithera Biosciences, Inc. Announces Closing of Public Offering and Exercise in Full of Option to Purchase Additional Shares

Written by Customer Service on April 20, 2020. Posted in Public Companies.

SOUTH SAN FRANCISCO, Calif., April 20, 2020 (GLOBE NEWSWIRE) — Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical stage biotechnology company focused on discovering and developing novel small molecule drugs for the treatment of cancer and other life-threatening diseases, today announced the closing of its previously announced public offering of 5,750,000 shares of common stock, including 750,000 shares sold pursuant to the underwriter’s exercise in full of its option to purchase additional shares. Gross proceeds from the offering at a public offering price of $6.25 per share, before underwriting discounts and commissions and offering expenses, were approximately $36 million.Citigroup acted as the sole book-running manager for the offering.A shelf registration statement relating to the offered shares of common stock was filed...

Paylocity announces Q3 FY20 earnings conference call

Written by Customer Service on April 20, 2020. Posted in Public Companies.

SCHAUMBURG, Ill., April 20, 2020 (GLOBE NEWSWIRE) — Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its third quarter fiscal 2020 results for Thursday, May 7th at 4:00 pm Central Time (5:00 pm Eastern Time).To listen to the conference call live, dial (855) 226-3021 or (315) 625-6892. The conference ID is 8645298. Please dial in at least five minutes before the scheduled start time. A live webcast can be accessed at www.paylocity.com.A replay of the call will be available and archived via webcast at www.paylocity.com.About Paylocity Paylocity is a leading provider of cloud-based HR and payroll software solutions headquartered in Schaumburg, IL. Founded in 1997 and publicly traded since 2014, Paylocity...

PrairieSky Announces 2020 First Quarter Results

Written by Customer Service on April 20, 2020. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, April 20, 2020 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its first quarter (“Q1 2020“) operating and financial results for the period ended March 31, 2020.PRESIDENT’S MESSAGEPrairieSky’s high margin, low cost business model and financial strategy provides a stable and sustainable business platform that is well positioned to withstand the unprecedented global health crisis that we are currently experiencing. PrairieSky remains committed to maintaining a strong balance sheet and at March 31, 2020, PrairieSky had a minor working capital deficiency of $5.2 million and no long-term debt.Despite unprecedented volatility in commodity prices and instability in the global economy more broadly, PrairieSky delivered a strong...

Houston Wire & Cable Company Announces Change of Date, Time and Location of Annual Meeting of Stockholders

Written by Customer Service on April 20, 2020. Posted in Public Companies.

HOUSTON, April 20, 2020 (GLOBE NEWSWIRE) — Due to the public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of its employees, stockholders and community, Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced that its Annual Meeting of Stockholders has been changed from an in-person meeting in Houston, Texas to a virtual meeting format only. In addition, the date and time of the meeting have been changed to Monday, May 11, 2020 at 2 p.m., Central Time.As described in the proxy materials for the annual meeting previously distributed, registered stockholders as of the close of business on March 13, 2020, the record date, are entitled to participate in the annual meeting. To access the virtual meeting, visit www.virtualshareholdermeeting.com/HWCC2020 and enter the 16-digit...

Marel Q1 2020: Record orders and strong cash flow while financial results are colored by pandemic

Written by Customer Service on April 20, 2020. Posted in Earnings Releases And Operating Results.

EXECUTIVE SUMMARYFinancial highlights Q1 2020Orders received were EUR 351.8m (1Q19: 323.3m).The order book was EUR 464.6m (YE19: 414.4m and 1Q19: 474.7m).Revenues were EUR 301.6m (1Q19: 324.6m).EBIT* was EUR 25.4m (1Q19: 47.5m), translating to an EBIT* margin of 8.4% (1Q19: 14.6%). Non-recurring and not adjusted for cost associated with strategic streamlining is around EUR 3m. Streamlining will come into full effect in 2021 with cost savings of EUR 6m on an annual basis.Net result was EUR 13.4m (1Q19: 32.2m).Basic earnings per share (EPS) were EUR 1.76 cents (1Q19: 4.85 cents).Cash flow from operating activities before interest and tax in the quarter was EUR 61.5m (1Q19: 59.6m). Free cash flow at EUR 38.6m (1Q19: 44.0m).Net debt/EBITDA was x0.4 at end of March (YE19: x0.4). Targeted capital structure is x2-3 net debt/EBITDA.Marel drew...

Marel 1F 2020: Mikill vöxtur í pöntunum og sterkt sjóðstreymi en heimsfaraldur setur mark sitt á afkomu

Written by Customer Service on April 20, 2020. Posted in Earnings Releases And Operating Results.

Marel kynnir afkomu fyrsta ársfjórðungs (allar fjárhæðir eru í evrum)Helstu atriði:Fyrsti ársfjórðungur 2020Pantanir námu 351,8 milljónum evra (1F19: 323,3m).Pantanabókin stóð í 464,6 milljónum evra (2019: 414,4m og 1F19: 474,7m).Tekjur námu 301,6 milljónum evra (1F19: 324,6m).EBIT* nam 25,4 milljónum evra (1F19: 47,5m), sem var 8,4% af tekjum (1F19: 14,6%). Einskiptiskostnaður vegna hagræðingar, sem ekki er sérstaklega leiðrétt fyrir, er um 3 milljónir evra. Hagræðingaraðgerðir munu skila sér að fullu árið 2021, með því sem nemur 6 milljón evra lækkun á kostnaðargrunni á ársgrundvelli.Hagnaður nam 13,4 milljónum evra (1F19: 32,2m).Hagnaður á hlut (EPS) var 1,76 evru sent (1F19: 4,85 evru sent).Handbært fé frá rekstri fyrir fjármagnsliði og skatta nam 61,5 milljónum evra (1F19: 59,6m).Frjálst sjóðstreymi nam 38,6 milljónum evra (1F19:...

UPS Donating 10,000 Respirator Masks to Children’s Healthcare of Atlanta

Written by Customer Service on April 20, 2020. Posted in Public Companies.

ATLANTA, April 20, 2020 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) today announced the donation of 10,000 N95 respirator masks to Children’s Healthcare of Atlanta. UPS has procured a sufficient supply to meet internal needs for its employees, and is sharing its available masks to help protect healthcare providers at Children’s across its hospitals in the Atlanta area.“Atlanta is UPS’s home – it’s our global headquarters, and the city and the State of Georgia aren’t just communities we serve, but also the city and state that thousands of our employees call home,” said UPS President, South Atlantic District Derrick Johnson. “We couldn’t be happier to provide these masks to Children’s Healthcare of Atlanta at this time – a time when PPE of all kinds is in desperate need by hospitals around the country.”UPS procured the masks from a variety...

Methanex Announces Change in Location of Annual General Meeting of Shareholders

Written by Customer Service on April 20, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, April 20, 2020 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced that its annual general meeting of shareholders scheduled for Thursday, April 30, 2020, starting at 10:00am (Pacific Time), will now be held at Methanex’s temporary head office in Vancouver located at Suite 800 – 355 Burrard Street. The change in location is a result of the temporary closure of the venue described in the Notice of Meeting dated March 5, 2020 due to the ongoing COVID-19 pandemic. The date and time of the Meeting remain unchanged.The agenda, which describes the business that the Company will conduct at the meeting, is set out in the Company’s Information Circular dated March 5, 2020. No presentations or other communication sessions are planned for the Meeting.As a precautionary measure, to support the...

Month: April 2020

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