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Day: May 1, 2020

CAPREIT Provides Update on COVID-19 Impact

TORONTO, May 01, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) today provided an update on current key finance and operating metrics as impacted by the COVID-19 pandemic, and the preventative measures being taken to mitigate risk across our business. This update reflects the estimated impact of the pandemic on our business as of this date, and does not imply that business conditions will not change going forward. This update also refers only to our Canadian business, exclusive of our interests in the Netherlands or Ireland residential rental business.First and foremost, we are prioritizing the safety and well-being of our residents, our team and our buildings. We wish to thank all of our frontline staff who are working diligently to continue to provide customer service...

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Marrone Bio Innovations to Report First Quarter 2020 Results on Monday, May 11th at 4:30 p.m. Eastern Time

DAVIS, Calif., May 01, 2020 (GLOBE NEWSWIRE) — Marrone Bio Innovations Inc. (NASDAQ: MBII), an international leader in sustainable bioprotection and plant health solutions, will release financial results for the first quarter ended March 31, 2020, after market close on Monday, May 11th at 4:30pm Eastern time.Management will host an investor conference call at 1:30 p.m. PST (4:30 p.m. EDT) on May 11, 2020 to discuss Marrone Bio Innovations’ first quarter 2020 financial results, provide a corporate update, and conclude with a Q&A from participants. To participate, please use the following information:Q1 2020 Conference Call and Webcast Date: Monday, May 11th, 2020 Time: 1:30 p.m. Pacific time (4:30 p.m. Eastern time)U.S. Dial-in: 1-800-347-6311International Dial-in: 1-323-994-2132 Conference ID: 3011305 Webcast: http://public.viavid.com/index.php?id=139111Please...

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Clarus Implements Quarterly Stock Dividend

SALT LAKE CITY, May 01, 2020 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a company focused on the outdoor and consumer industries, announced that in light of the COVID-19 pandemic, its board of directors has temporarily replaced its quarterly cash dividend with a stock dividend.Each Clarus stockholder of record will be entitled to receive 0.00234 of a share of Clarus common stock for each share of Clarus stock held on May 11, 2020, the record date. Clarus will distribute the stock dividend on May 22, 2020, the distribution date. No fractional shares will be issued, and stockholders will receive cash for such fractional interests based on the closing market price of Clarus common stock on the record date.The quarterly stock dividend will have a value of $0.025 per share, based on the closing...

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BRP Group, Inc. Announces Acquisition of Southern Protective Group

TAMPA, Fla., May 01, 2020 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that Baldwin Krystyn Sherman Partners, LLC, the middle market subsidiary  of BRP Group (“BKS-Partners”), has acquired substantially all assets of Atlanta-based Southern Protective Group, LLC (“SPG”), an independent insurance firm specializing in medical malpractice solutions.  SPG generated annual revenues of approximately $2 million.SPG advises clients throughout the U.S., distributing its risk management offerings to a broad range of physician groups and associations. Through its deep expertise in healthcare, SPG has developed high-quality and long-term client relationships, as well as strong revenue growth in...

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Sysco Launches New “Foodservice Doesn’t Brake for Adversity” Campaign to Support Restaurant Customers

HOUSTON, May 01, 2020 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY) announced today the launch of a new “Foodservice Doesn’t Brake for Adversity” campaign designed to help small foodservice businesses stay in business. The campaign will consist of strategically placed messages across multiple channels designed to encourage Americans to support their local restaurants and also highlights the resilience of all foodservice workers.“In these extraordinary times, Sysco is proud to launch this important campaign to further demonstrate our commitment to ensuring neighborhood restaurants survive and succeed now and in the future,” said Kevin Hourican, Sysco’s president and chief executive officer.The national campaign includes both television and digital advertising, customer toolkits and resources to help restaurant owners navigate...

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Gritstone Oncology Announces the Appointment of Dr. Elaine V. Jones as Chair of the Board of Directors

EMERYVILLE, Calif., May 01, 2020 (GLOBE NEWSWIRE) — Gritstone Oncology, Inc. (Nasdaq: GRTS), a clinical-stage biotechnology company developing the next generation of cancer immunotherapies to fight multiple cancer types, today announced the appointment of Elaine V. Jones, Ph.D., as chair of the board of directors.“Elaine has been a very strong addition to our board, as reflected in the unanimous vote to appoint her to the position of board chair,” said Andrew Allen, M.D., Ph.D., co-founder, president and chief executive officer of Gritstone Oncology. “She has made significant contributions towards advancing our current programs, including our existing cancer neoantigen-based immunotherapies and bispecific antibodies, as well as in our evaluation of additional portfolio expansion opportunities. Her scientific and business acumen,...

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Abercrombie & Fitch Co. To Report First Quarter 2020 Results on June 4, 2020

NEW ALBANY, Ohio, May 01, 2020 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on Thursday, June 4, 2020, at 8:30 a.m. ET.  A press release detailing the company’s first quarter results is expected to be issued shortly after 7:30 a.m. ET.  In addition, a presentation of the first quarter results will be available on the company’s website at approximately 7:30 a.m. ET.The call will be archived and can be accessed by visiting the company’s website at corporate.abercrombie.com.About Abercrombie & Fitch Co.Abercrombie & Fitch Co. (NYSE: ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands. For more than 125 years, the iconic Abercrombie & Fitch brand has...

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BRP Group, Inc. Announces Acquisition of Pendulum

TAMPA, Fla., May 01, 2020 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that a subsidiary of BRP Group has acquired the assets comprising the risk assessment and consulting business of Pendulum, LLC (“Pendulum”), an Albuquerque, New Mexico-based firm that provides innovative risk assessment and reduction protocols utilizing advanced software tools.  The business acquired from Pendulum generated annual revenues of approximately $2.0 million.Pendulum offers expertise in the long-term care and senior living markets through a full range of consulting services, including its network of highly skilled risk control consultants, its technological applications and its training materials, to...

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TWIN DISC, INC. ANNOUNCES FISCAL 2020 THIRD QUARTER FINANCIAL RESULTS

Third quarter sales up sequentially driven primarily by stable marine demandGenerated $5.3 million of cash from operating activities during the third quarterRecorded a non-cash goodwill impairment of $27.6 millionRecently implemented annualized expense reductions of $4.1 million in response to the COVID-19 crisisRACINE, Wis. , May 01, 2020 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2020 third quarter ended March 27, 2020.“We are focused on successfully navigating the near-term challenges created by the unprecedented COVID-19 crisis and the significant decline in global oil and gas prices, while protecting the health and safety of our customers, employees, and communities,” commented John H. Batten, Chief Executive Officer. “Over five years ago we started pursuing strategies...

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Wealth Arranges $600,000 Non-Brokered Private Placement

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES**VANCOUVER, British Columbia, May 01, 2020 (GLOBE NEWSWIRE) — Wealth Minerals Ltd. (the “Company” or “Wealth”) – (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZN) arranged a non-brokered private placement (the “Placement”) of up to 5,000,000 units (the “Units”) at a price of $0.12 per Unit (the “Offering”) for gross proceeds of up to $600,000. Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.20 per share.Finder’s fees may be payable to arm’s...

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