Month: April 2020

WEST PALM BEACH, Fla., April 13, 2020 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that the New York Stock Exchange (“NYSE”) has notified the Company that the average per share trading price of its common stock was below the NYSE’s minimum average share price rule. The NYSE requires the average closing price of a listed company’s stock to be at least $1.00 per share over a consecutive 30 trading-day period. Receipt of the NYSE notification does not conflict with or cause an event of default under any of the Company’s material debt agreements.Ocwen received written notification from the NYSE on April 8, 2020. In accordance with the NYSE’s rules, Ocwen has six months from receipt of the notice to regain compliance with the...

NEW YORK, April 13, 2020 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today that it has revised the dates and times of its previously announced first quarter 2020 earnings release and earnings conference call. The Company will now distribute its first quarter 2020 earnings press release after the market closes on Monday, May 11, 2020 and host a conference call on Tuesday, May 12, 2020 at 9:00 AM (ET) to discuss its financial and operating results.A live webcast will be available online on the Company’s website at investors.rptrealty.com. The conference call can also be accessed by dialing (877) 705-6003 or (201) 493-6725 for international callers. A telephonic replay of the call will be available through Tuesday, May 19, 2020.  The replay can be accessed by dialing (844) 512-2921 or (412) 317-6671 for international...

NEW YORK, April 13, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI; the “Company”) plans to announce its financial results for the first quarter 2020 after the closing of the New York Stock Exchange on Thursday, April 30, 2020.  A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company’s website, www.ftandi.com.In addition, management will host a conference call on Friday, May 1, 2020 at 8:00 A.M. Eastern Time. The conference call may be accessed by dialing (877) 447-5636 (from within the U.S.) or (615) 247-0080 (from outside of the U.S.) ten minutes prior to the scheduled start of the call; please reference “FTAI First Quarter 2020 Earnings Call.”A simultaneous webcast of the conference call will...

SAN DIEGO, April 13, 2020 (GLOBE NEWSWIRE) — American Assets Trust, Inc. (NYSE:AAT) (the “Company”) will announce its first quarter 2020 earnings in a press release to be issued after the market closes on Tuesday, April 28, 2020.Senior management will hold a conference call for its first quarter 2020 earnings on Wednesday, April 29, 2020 at 8:00 a.m. Pacific Time (“PT”).  Conference call access information is as follows:Toll Free Number: 1 (877) 868-5513Pass Code: 4776946A telephonic replay of the conference call will be available beginning at 2:00 p.m. PT on Wednesday, April 29, 2020 through Wednesday, May 6, 2020.  Replay access information is as follows:Toll Free Number: 1 (855) 859-2056Pass Code: 4776946About American Assets Trust, Inc.                                                  American Assets Trust, Inc. is a full service,...

SANTA PAULA, Calif., April 13, 2020 (GLOBE NEWSWIRE) — Calavo Growers, Inc. (Nasdaq-GS: CVGW), a global avocado-industry leader and expanding provider of value-added fresh food, today announced that due to an order prohibiting all public gatherings published by the Ventura County Health Officer on April 9, 2020, shareholders will not be able to attend in person the Company’s 2020 annual meeting of shareholders to be held on Wednesday, April 22, 2020 at 1:00 pm Pacific Time.Instead, shareholders may listen to the formal business portion of the meeting via live conference call or audio webcast.  Shareholders interested in joining the call can dial (877) 407-3982 from the U.S. International callers can dial (201) 493-6780. A telephone replay will be available approximately two hours after the call concludes and will be available through...

Fourth Quarter Total Revenues of $11.4 Million, up 14% from the Prior Year Quarter, and Full Year Total Revenues of $41.7 Million, up 18% from Prior YearNEW YORK, April 13, 2020 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2019.Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel commented, “We continue to be pleased by our top-line revenue growth resulting from the investment in our wholesale and e-commerce channels. This diversification of our distribution channels, combined with our continued efforts and wins in the licensing channel, helped us to deliver a strong finish for the fiscal year.” Fourth Quarter 2019 Financial ResultsNet revenue for...

MINNEAPOLIS, April 13, 2020 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, today announced preliminary unaudited revenue for the quarter ended March 31, 2020, and the withdrawal of its full year 2020 financial guidance issued on February 25, 2020. In addition, Inspire provided an update on the actions it is taking in response to the ongoing global COVID-19 pandemic.“The COVID-19 global health pandemic continues to cause meaningful complications to daily life and business operations. The Inspire team is grateful to the healthcare professionals around the world who are selflessly caring for patients on the front lines of...

DALLAS, April 13, 2020 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or “the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its first quarter 2020 results after the close of the market on Tuesday, April 28, 2020. The earnings release will be available on the Company’s website, https://ir.veritexbank.com/. The Company will also host an investor conference call to review the results on Wednesday, April 29, 2020 at 8:30 a.m. Central Time.Participants may pre-register for the call by visiting https://edge.media-server.com/mmc/p/aqy7st3q and will receive a unique PIN, which can be used when dialing in for the call. This will allow attendees to access the call immediately. Alternatively, participants may call toll-free at (877) 703-9880.The call...

PHILADELPHIA, PA, April 13, 2020 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ:FIVE), the trend-right, high-quality extreme-value retailer for tweens, teens and beyond, today announced additional measures it is taking in response to the current business environment created by COVID-19.“As we navigate this difficult time, we remain grounded in a set of unshakable values, including ‘Hold the Penny Hostage,’ which takes on even greater significance in this moment,” said CEO Joel Anderson.  “We are confident about our capacity to weather this storm and will continue to take strategic measures – including reducing our expenses and tightly managing our cash spend and liquidity – designed to safeguard our future.  We look forward to welcoming our crew and customers back to our stores as soon as we can do so safely.”       As previously announced...

HINGHAM, Mass., April 13, 2020 (GLOBE NEWSWIRE) — HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2020.EarningsNet income for the quarter ended March 31, 2020 was $2,185,000 or $1.02 per share basic and $1.00 per share diluted, as compared to $9,824,000 or $4.61 per share basic and $4.50 per share diluted for the same period last year. The Bank’s annualized return on average equity for the first quarter of 2020 was 3.46%, and the annualized return on average assets was 0.33%, as compared to 17.98% and 1.64% for the same period last year. Net income per share (diluted) for the first quarter of 2020 decreased by 78% compared to the same period in 2019.Excluding the after-tax gains and losses on equity securities, both realized and unrealized, core net income...