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Day: May 4, 2020

Chemung Financial Corporation Reports First Quarter 2020 Net Income of $2.5 million, or $0.51 per Share

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

ELMIRA, N.Y., May 04, 2020 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $2.5 million, or $0.51 per share, for the first quarter of 2020, compared to $4.5 million, or $0.92 per share, for the first quarter of 2019.“Our first quarter 2020 net income totaled $2.5 million, or $0.51 per share. While this result is less than the comparable quarter of 2019, we believe our additional provision for loan loss in the current quarter reflects our assessment of the weakening economic conditions, not just throughout our footprint, but regionally and globally,” according to Anders M. Tomson, President and CEO of Chemung Financial Corporation. “The states of emergencies declared nationally, as well as in New York...

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Argonaut Gold and Alio Gold Merger Receives Positive Recommendation from Proxy Advisor Firm, Institutional Shareholder Services Inc.

Written by Customer Service on . Posted in Mergers And Acquisitions.

TORONTO and VANCOUVER, British Columbia, May 04, 2020 (GLOBE NEWSWIRE) — Argonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (TSX: AR) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce that Institutional Shareholder Services Inc. (“ISS”), an independent proxy advisory firm that provides voting recommendations to shareholders, has issued positive reviews of the proposed merger announced on March 30, 2020.  ISS recommends that both Argonaut and Alio shareholders vote in favour of the resolutions to be voted on at the special meeting of shareholders to be held on May 20, 2020.Argonaut and Alio shareholders of record at the close of business on March 30, 2020 and April 14, 2020 respectively are eligible to vote their common shares.  Full details of the proposed merger and the matters to be voted on...

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Vista Gold Corp. Announces First Quarter Financial Results and Corporate Update

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

DENVER, May 04, 2020 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended March 31, 2020. The Company’s unaudited financial statements, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed on May 4, 2020 with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.Summary of Q1 2020 Financial ResultsVista reported a net loss of $3.5 million or $0.03 per share for the three months ended March 31, 2020. The loss was comprised of $2.3 million of operating expenses, a $1.1 million mark-to-market loss on our investments in Midas Gold Corp. and Nusantara Resources Limited, and other expenses of $0.1...

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Power Solutions International Announces Fourth Quarter and Full Year 2019 Financial Results and the Filing of its Form 10-K

Written by Customer Service on . Posted in Public Companies.

WOOD DALE, Ill., May 04, 2020 (GLOBE NEWSWIRE) — Power Solutions International, Inc. (“the Company”) (OTC Pink:  PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced fourth quarter and full year 2019 financial results and the filing of its Annual Report on Form 10-K for the year ended December 31, 2019 and its Form 10-Qs for the first three quarters of 2019 with the U.S. Securities and Exchange Commission (the “SEC”).      Fourth Quarter 2019 ResultsSales for the fourth quarter of 2019 were $153.1 million, an increase of $14.9 million, or 11%, versus the comparable period last year, the result of sales increases of $18.1 million and $13.9 million within the transportation and energy end markets, respectively, partly offset by a sales decrease of $17.2 million within...

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Quorum Announces Q1 2020 Quarterly Results Release Date and Conference Call Details

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, May 04, 2020 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc., a leading provider of dealership and customer management software and value-added services to the automotive industry, intends to release its Q1 2020 Quarterly Results on Monday, May 18, 2020.A conference call has been scheduled for Tuesday, May 19 beginning at 11:00 MT (13:00 ET), at which time Maury Marks, President and Chief Executive Officer and Marilyn Bown, Chief Financial Officer will provide a presentation of the results followed by a question and answer period.Anyone wishing to participate in the call is asked to dial-in using the following numbers and ask for the Quorum Information Technologies Inc. Q1 2020 Quarterly Results Conference Call. Callers are asked to dial-in 5 minutes before the scheduled start time.Details for anyone wishing...

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Notice of Calling the Annual General Meeting of AS Pro Kapital Grupp Shareholders

Written by Customer Service on . Posted in Public Companies.

    Dear shareholder of AS Pro Kapital Grupp,We announce that the Management Board is calling for the annual general meeting of AS Pro Kapital Grupp (registration code 10278802, located at Sõjakooli 11 Tallinn Republic of Estonia) (hereinafter the Company) shareholders which shall take place on Wednesday, 27 of May 2020 at 13.00 at Tallinn Art Space Gallery, on the ground floor of T1 Mall of Tallinn at Peterburi tee 2, Tallinn, the Republic of Estonia (see www.tallinnartspace.com). Registration of shareholders for the meeting shall take place from 12.45 – 13.00 on the 27 of May 2020 at the location of the meeting.The reason for calling the annual general meeting is to decide on approval of the annual report for the financial year of 2019, resolution on covering the loss, election and remuneration of the auditor, prolongation of...

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Notice of Calling the Annual General Meeting of AS Pro Kapital Grupp Shareholders

Written by Customer Service on . Posted in Public Companies.

Dear shareholder of AS Pro Kapital Grupp,We announce that the Management Board is calling for the annual general meeting of AS Pro Kapital Grupp (registration code 10278802, located at Sõjakooli 11 Tallinn Republic of Estonia) (hereinafter the Company) shareholders which shall take place on Wednesday, 27 of May 2020 at 13.00 at Tallinn Art Space Gallery, on the ground floor of T1 Mall of Tallinn at Peterburi tee 2, Tallinn, the Republic of Estonia (see www.tallinnartspace.com). Registration of shareholders for the meeting shall take place from 12.45 – 13.00 on the 27 of May 2020 at the location of the meeting.The reason for calling the annual general meeting is to decide on approval of the annual report for the financial year of 2019, resolution on covering the loss, election and remuneration of the auditor, prolongation of term...

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AS Pro Kapital Grupp aktsionäride korralise üldkoosoleku kokkukutsumise teade

Written by Customer Service on . Posted in Public Companies.

  Lugupeetud AS Pro Kapital Grupp aktsionär,Teatame, et AS Pro Kapital Grupp (registrikood 10278802, asukoht Sõjakooli 11 Tallinn Eesti Vabariik) (edaspidi Ühing) juhatus kutsub kokku aktsionäride korralise üldkoosoleku, mis toimub kolmapäeval, 27. mail 2020 algusega kell 13.00 Tallinn Art Space galeriis, T1 Mall of Tallinn kaubanduskeskuse 1. korrusel Peterburi tee 2, Tallinn, Eesti Vabariik (vt www.tallinnartspace.com). Koosolekust osavõtjate registreerimine algab 27. mail 2020 kell 12.45 ja lõpeb kell 13.00 koosoleku toimumise kohas.Korralise üldkoosoleku kokkukutsumise põhjuseks on Ühingu 2019 majandusaasta aruande kinnitamise otsustamine, audiitori valimise ja tasustamise otsustamine, kahe nõukogu liikme ametiaja pikendamine, ühe nõukogu liikme tagasikutsumine ja ühe uue nõukogu liikme valimine, Ühingu põhikirja muutmine ja aktsionäride...

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Avid Announces New Five-Year Agreement with Microsoft Azure to Bring More Media Companies to the Cloud

Written by Customer Service on . Posted in Public Companies.

Strategic Cloud Partners Build on Early Success to Help Media Companies with Content Workflows in the Cloud; Partners Respond Swiftly to Help Customers Work Remotely Amid the COVID-19 Global Health PandemicBURLINGTON, Mass., May 04, 2020 (GLOBE NEWSWIRE) — Leading media and entertainment technology provider Avid® (Nasdaq: AVID) today announced it has renewed its cloud collaboration with Microsoft. Over the course of the new five-year strategic alliance agreement Avid will continue to develop and deploy its cloud-based solutions on Microsoft Azure. Since launching their initial collaboration, Avid and Microsoft have helped some of the world’s largest media companies to break new ground by moving their film and television content workflows into the cloud, which has enabled teams, including hundreds of editors, journalists and other...

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