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Day: May 1, 2020

Playa Hotels & Resorts N.V. Announces Dates for First Quarter 2020 Earnings Release and Conference Call

FAIRFAX, Va., May 01, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA) (the “Company”) today announced that it plans to release its first quarter 2020 financial results after the market closes on Monday, May 11, 2020, with a conference call planned for Tuesday, May 12, 2020, at 11:00 a.m. Eastern Daylight Time, to discuss the results.The conference call can be accessed by dialing (833) 683-7154 for domestic participants and (409) 983-9744 for international participants.The conference ID number is 2170386.Additionally, interested parties may listen to a taped replay of the entire conference call commencing two hours after the call’s completion on May 12, 2020. This replay will run through May 19, 2020. The access number for a taped replay of the conference call is (855) 859-2056 or (404) 537-3406 using the...

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Conatus Pharmaceuticals Reports First Quarter 2020 Financial Results and Strategic Process Update

SAN DIEGO, May 01, 2020 (GLOBE NEWSWIRE) — Conatus Pharmaceuticals Inc. (Nasdaq:CNAT) today announced financial results for the first quarter ended March 31, 2020 and provided an update on its strategic process.Recent Developments In January 2020, Conatus announced that it had entered into a definitive agreement with Histogen Inc., a privately-held regenerative medicine company with a novel biological platform that replaces and regenerates tissues in the body, under which Histogen will merge with a wholly-owned subsidiary of Conatus in an all-stock transaction. The combined company will operate under the name Histogen Inc., is expected to trade on the Nasdaq Capital Market under the ticker symbol HSTO and will focus on advancement of its patented technology for dermatological and orthopedic indications.The merger agreement has been...

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francesca’s® Reports Fourth Quarter and Fiscal Year 2019 Financial Results and Provides Update on COVID-19 Pandemic Response

Fourth quarter net sales were flat at $119.0 million and comparable sales increased 1%Fourth quarter GAAP loss per share was $3.97Fourth quarter adjusted loss per share was $0.31 (see Non-GAAP Information below)Material COVID-19 response measures to improve the Company’s liquidity underwayHOUSTON, May 01, 2020 (GLOBE NEWSWIRE) — Francesca’s Holdings Corporation (Nasdaq: FRAN) today reported financial results for the fourth quarter and fiscal year ended February 1, 2020 and provided a material update on its response to the COVID-19 pandemic.  COVID-19 RESPONSEAndrew Clarke, President and CEO, stated, “As we continue to manage our business through the COVID-19 pandemic, our first priority is the health and safety of our teams and our customers.  Following the guidance of local governments and healthcare organizations, we closed all...

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BJ’s Restaurants, Inc. Announces $70 Million Investment from Act III Holdings and T. Rowe Price

HUNTINGTON BEACH, Calif., May 01, 2020 (GLOBE NEWSWIRE) — BJ’s Restaurants, Inc. (NASDAQ: BJRI) today announced that it entered into definitive agreements to sell $70 million of common stock to Act III Holdings, LLC. and funds and accounts advised by T. Rowe Price Associates, Inc. (collectively “the investors”).“On behalf of our team members, shareholders, Board of Directors and all BJ’s stakeholders, we are delighted to announce this new investment by Ron Shaich and Act III, and by funds and accounts advised by T. Rowe Price Associates,” commented Greg Trojan, Chief Executive Officer. “The capital raise announced today, together with other recent actions we have taken, will enhance BJ’s liquidity and strengthen our ability to welcome back our team members and re-open dine-in service at our restaurants in accordance with the social...

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NASA Awards Aerojet Rocketdyne $1.79 Billion Contract Modification to Build Additional RS-25 Rocket Engines to Support Artemis Program

LOS ANGELES, May 01, 2020 (GLOBE NEWSWIRE) — In support of NASA’s Artemis Program to return America to the Moon, Aerojet Rocketdyne has been awarded a $1.79 billion contract modification for the production of an additional 18 RS-25 engines to support future deep space exploration missions.The flight proven, high-performance RS-25 engines are used to propel NASA’s Space Launch System (SLS) rocket, a critical element of the Artemis program. As NASA looks to land the first woman and next man on the Moon with the Artemis program, SLS is the super heavy-lift rocket that will carry the crew and cargo to the lunar vicinity.“The nation is returning to the Moon and moving forward with plans to explore other deep space destinations, including Mars,” said Eileen Drake, Aerojet Rocketdyne CEO and president. “This contract ensures our flight...

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Toromont Announces Election of Board of Directors

TORONTO, May 01, 2020 (GLOBE NEWSWIRE) — Toromont Industries Ltd. (TSX:TIH) (“Toromont”) is pleased to announce that on May 1, 2020, at its Annual Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 28, 2020 were elected as Directors of Toromont. The detailed results of the vote are as follows:About ToromontToromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO.  The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory – spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba in addition to most of the territory of Nunavut.  In addition, the Group includes industry leading rental operations, a complementary...

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Hammond Power Solutions Inc. Announces change to Annual General Meeting of Shareholders

GUELPH, Ontario, May 01, 2020 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), today announced that its upcoming annual general meeting of shareholders (the “Meeting”) to be held on Thursday, May 14, 2020 at 1:30 p.m. EST, will be held only as a virtual meeting via audio conference. The date and time of the Meeting are unchanged.As a result of public health measures implemented to combat the spread of COVID-19, including restrictions on mass gatherings implemented by the Government of Ontario and HPS’ efforts to support the containment of the spread of the virus, HPS shareholders ARE NOT able to attend the Meeting in-person and therefore must cast their vote in advance as set out in the form of proxy and below.The deadline to vote your proxy in advance of the Meeting is 1:30 p.m. EST, on Tuesday May 12, 2020.ABOUT...

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Icelandair Group‘s Preliminary Results for Q1 2020

As previously announced, Icelandair Group‘s operations have been significantly affected by the COVID-19 pandemic and the associated wide-ranging travel bans and decrease in travel demand. Preliminary results of the first quarter of 2020 indicate that revenues decreased by 16% between years to USD 209 million. The financial results of the first two months of the year were in line with expectations with considerable improvements between years but due to adverse COVID-19 impact, March was significantly below expectations. Due to the foreseeable considerable adverse impact of the COVID-19 pandemic on near term operations, goodwill impairment amounted to approximately USD 115 million. Negative development in the value of fuel hedges amounting to approximately USD 51 million had further significant negative impact on the results in the first...

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ITC Administrative Law Judge Finds 3Shape Infringes Align’s Scanner-Related Patents

ALJ recommends exclusion and cease and desist order against infringing 3Shape productsInitial Determination Finds 3Shape Infringes 7 of the 9 Claims Asserted by Align, and that 6 of the 9 Asserted Claims Are ValidFinds Violation of Section 337 and Recommends Import Exclusion of Infringing 3Shape ProductsRecommends Commission Issue Cease and Desist Order Directed to the Sale of Infringing 3Shape ProductsSAN JOSE, Calif., May 01, 2020 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) today announced that on April 30, 2020 an Administrative Law Judge (ALJ) with the United States International Trade Commission (ITC) issued an Initial Determination regarding her investigation of 3Shape A/S, 3Shape Trios A/S, and 3Shape Inc.’s (“3Shape”) infringement of Align’s patents. The ALJ determined that 3Shape infringes 7 of the 9 patent...

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Dios completed final tranche of private placement

MONTREAL, May 01, 2020 (GLOBE NEWSWIRE) — Dios Exploration Inc. (Dios) is pleased to announce closing of a final tranche of a non-brokered private placement in the amount of $401,000 pursuant to which 4,010,000 flow-though common shares were issued at the price of $ 0.10 each.The net proceeds will be used for exploration work on Dios’ wholly-owned K2 property, which is adjacent in strike SW to Azimut Exploration inc.’s Elmer property in the James Bay region, Quebec.  Work completed by Dios on K2 has delineated 3 km long WI target electromagnetic conductor and ATTILA gold-copper-silver prospect, which is southwest of Azimut Exploration’s Patwon gold discovery, bearing similarities in some host rocks (felsic intrusive), alterations and 3 networks of quartz veins.  K2 property is underlain by same stratigraphy as Azimut’s Elmer...

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