Month: April 2020

MALVERN, Pa., April 13, 2020 (GLOBE NEWSWIRE) — Vishay Intertechnology, Inc. (NYSE:VSH) will release its results for the first quarter ended April 4, 2020 before the New York Stock Exchange opens on Tuesday, May 12, 2020.A conference call to discuss Vishay’s first quarter financial results is scheduled for Tuesday, May 12, 2020 at 9:00 a.m. ET. The dial-in number for the conference call is 877 589-6174 (+1 706-643-1406, if calling from outside the United States or Canada) and the access code is 7768705.There will be a replay of the conference call from 1:00 p.m. ET on Tuesday, May 12, 2020, through 11:59 p.m. ET on Tuesday, May 26, 2020. The telephone number for the replay is +1 855-859-2056 (+1 404-537-3406, if calling from outside the United States or Canada) and the access code is 7768705.A live audio webcast of the conference...

RANCHO CUCAMONGA, Calif., April 13, 2020 (GLOBE NEWSWIRE) — Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) (“Amphastar” or the “Company”), a California-based, specialty, generic pharmaceutical company, today announces a recent simplification of the Company’s management by removing a layer of management in the organizational structure.Mr. Jason B. Shandell has stepped down as President, General Counsel, and member of the Board of Directors, effective April 10, 2020. Mr. Shandell and the Company have mutually agreed that now is the right time to transition and to consolidate the Company’s management structure.The Company thanks Mr. Shandell for his service over the past twelve years and wishes him success in his future endeavors.Dr. Jack Y. Zhang, the Company’s Chief Executive Officer (CEO), Chief Scientific Officer and a member of...

SAN CARLOS, Calif., April 13, 2020 (GLOBE NEWSWIRE) — Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), a late-stage biotechnology company developing novel T cell-based cancer immunotherapies, today announced that H. Lee Moffitt Cancer Center (“Moffitt”) plans to present clinical results from a Phase 1 trial using Moffitt’s tumor infiltrating lymphocytes (TIL) in patients with non-small cell lung cancer (NSCLC) at the American Association for Cancer Research (AACR) Virtual Annual Meeting I, to be held April 27-28, 2020. The Phase 1 study is being conducted at Moffitt with support from Iovance Biotherapeutics, a Stand Up To Cancer Catalyst® grant, and other partners.Maria Fardis, Ph.D., MBA, President and Chief Executive Officer of Iovance, stated, “We are very pleased that Moffitt will present clinical data demonstrating the potential...

TORONTO, April 13, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) announced today that organic originations of finance receivables for the quarter ended March 31, 2020 were $14.2 million (Q1 2019 – $12.5 million). This represents an increase of 13.3% over the first quarter of 2019. The originations remain at a similar high credit quality and yield as the prior periods.“First quarter origination growth was trending positively. From mid-March onwards, COVID-19 has significantly reduced the Company’s originations,” said Brent Houlden, Dealnet’s Chief Executive Officer.About Dealnet Capital Corp.Dealnet is the parent company of subsidiaries operating in two market segments, consumer finance and call centre.  The Company operates in the consumer finance segment in...

DENVER, April 13, 2020 (GLOBE NEWSWIRE) — Today, in response to unprecedented market conditions and an uncertain economic outlook caused by the COVID-19 pandemic, DCP Midstream, LP (NYSE: DCP) announced a 15% workforce reduction across its nine-state footprint. The company is providing severance packages, subsidized health coverage, and outplacement counseling for impacted employees.The senior executive team also unanimously elected to reduce their base salary and variable compensation by between 15% and 10%. The reduction in force, voluntary reductions in senior executive compensation, and other internal cost savings will result in $40 million of incremental retained cash flow. Additionally, DCP has identified $10 million of incremental sustaining capital reductions. These actions come three weeks after the company announced a...

WILMINGTON, Del., April 13, 2020 (GLOBE NEWSWIRE) — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report first quarter 2020 earnings at the end of business, Monday, April 27, 2020.  Management will conduct a conference call to review this information at 1:00 p.m. Eastern Daylight Time (EDT) on Tuesday, April 28, 2020.  Interested parties may listen to this call by dialing (877) 312-5857 and using conference ID #9227636. Callers should dial a few minutes early in case of heavier call volume.A rebroadcast of WSFS’ first quarter 2020 earnings conference call will be available beginning at 4:00 p.m. EDT on Tuesday, April 28, 2020 until Saturday, May 9, 2020 by dialing (855) 859-2056 and using conference ID 9227636.About WSFS Financial CorporationWSFS Financial Corporation is a multi-billion-dollar...

SASKATOON, Saskatchewan, April 13, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) announced today that it is extending the temporary production suspension at the Cigar Lake uranium mine in northern Saskatchewan as the effects of the global COVID-19 pandemic persist.Cameco announced on March 23 that the Cigar Lake operation was being placed in safe care and maintenance mode for four weeks, during which we would assess the status of the situation and determine whether to restart the mine or extend the production suspension.With the impact of COVID-19 continuing to escalate, we have determined that the Cigar Lake workforce will need to remain at its current reduced level for a longer duration. The precautions and restrictions put in place by the federal and provincial governments, the increasing significant concern among leaders...

BIRMINGHAM, Ala., April 13, 2020 (GLOBE NEWSWIRE) —  First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank, announced today a change in location for the Company’s 2020 Annual Meeting of Shareholders (the “Annual Meeting”) via the filing of additional proxy materials with the Securities and Exchange Commission (the “SEC”).In order to mitigate potential risks to the health and safety of the Company’s shareholders, employees, community and other stakeholders during the ongoing coronavirus (COVID-19) pandemic, the Company will hold the Annual Meeting on Thursday, April 30, 2020, at 10:00 a.m., Central Time, in a virtual meeting format only, via live audio webcast, in order to provide a consistent and convenient experience to shareholders, regardless of location.  Shareholders will not be able...

HOUSTON, April 13, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today provided an operational update including the successful completion of the South East Etame 2H workover and the release of the drilling rig used in its highly successful 2019/2020 drilling program.HighlightsSuccessfully completed a planned workover on the South East Etame 2H well and restored 2,400 gross barrels of oil per day (“BOPD”), 650 BOPD net revenue interest (“NRI”)(1) to VAALCO;Increased total Company production to approximately 5,400 BOPD NRI or 6,200 working interest (“WI”)(2) BOPD following the successful workover;Released the Vantage Drilling International Topaz jackup drilling rig on April 9, 2020;Produced 4,944 BOPD NRI, or 5,683 BOPD WI in the first quarter of 2020, near the high end of first quarter...

LUXEMBOURG, April 13, 2020 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and MTA Italy: TEN) announced that, in response to an adverse scenario of declining oil and gas prices, unprecedented oversupply in the oil market, and operational restrictions originated by the COVID-19 crisis, the company is restructuring its operations in the United States.Tenaris’s facilities in Koppel and Ambridge, PA, Brookfield, OH, and Baytown, TX, have been or will be temporarily closed until market conditions improve. In addition, Tenaris will be performing employee reductions and adjusting production levels at its other facilities in line with market demand.  Some of the statements contained in this press release are “forward-looking statements”. Forward-looking statements are based on management’s current views and assumptions...