Day: May 7, 2020

NEW YORK, May 07, 2020 (GLOBE NEWSWIRE) — Consolidated Edison, Inc. (Con Edison) (NYSE: ED) today reported 2020 first quarter net income for common stock of $375 million or $1.13 a share compared with $424 million or $1.31 a share in the 2019 first quarter. Adjusted earnings were $451 million or $1.35 a share in the 2020 period compared with $448 million or $1.39 a share in the 2019 period. Adjusted earnings in the 2020 and 2019 periods exclude the effects of hypothetical liquidation at book value (HLBV) accounting for tax equity investments in certain renewable electric production projects of Con Edison Clean Energy Businesses, Inc. (the Clean Energy Businesses) and the net mark-to-market effects of the Clean Energy Businesses.“During this pandemic, all of us at Con Edison remain solely focused on the health and safety of our employees...

PHILADELPHIA, May 07, 2020 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE:HIL) (“Hill” or the “Company”), the global leader in managing construction risk, announced today that it has filed its Quarterly Report on Form 10-Q for the first quarter ended March 31, 2020. This release will be followed by a conference call on May 8, 2020 at 9:00 am EDT with Hill Chief Executive Officer Raouf Ghali and Senior Vice President and Chief Financial Officer Todd Weintraub.Mr. Ghali commented, “Our first priority is the health and safety of all our stakeholders. To this end, we took a number of actions in response to the COVID-19 global pandemic, including work from home directives and cost saving initiatives. To date, the pandemic has not had a significant impact on our results. While we incurred a net loss of...

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce that it has entered into an agreement with RBC Dominion Securities Inc. and Stifel GMP (together, the “Dealers”) to sell 20,000,000 units (the “Units”) at a price of $6.35 per Unit to qualified purchasers, for gross proceeds to Dundee of $127,000,000 (the “Sale Transaction”).   Each Unit consists of one (1) common share of Dundee Precious Metals Inc. (“Dundee Precious”) owned by Dundee (a “Unit Share”) and one-half (0.5) of a common share purchase warrant (each whole warrant a “Warrant”).  Each Warrant shall entitle the holder thereof to acquire one (1) additional common share of Dundee Precious owned by Dundee (a “Warrant Share”) at an exercise price of $8.00 for a term of 12 months from the date of issue....

BETHESDA, Md., May 07, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the first quarter of 2020.James F. Risoleo, President and Chief Executive Officer, said, “This is an unprecedented time for Host, the travel industry, the nation, and the world. On behalf of the management team, I’d like to express our deepest sympathies for those affected by COVID-19, as well as our gratitude for the incredible work being done by first responders, healthcare workers, and others on the front lines. As a company, we continue to prioritize the health and safety of our employees, guests and partners, while protecting the long-term strength of our business. In March, as states began imposing travel restrictions and...

MONTREAL, May 07, 2020 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced its director election results following its Annual and Special Meeting of Shareholders (“Meeting”), held this morning.All of the nominees proposed as directors in the Company’s Management Information Circular dated March 10, 2020 were elected to the Board of Directors of Stella-Jones by a majority of the votes cast by shareholders present at the Meeting or represented by proxy at the Meeting. Detailed voting results for the election of directors were as follows:Additionally, the advisory vote on executive compensation (Say on Pay) received 99.12% approval.Results on all matters voted at the Meeting are available on SEDAR at www.sedar.com.ABOUT STELLA-JONESStella-Jones Inc. (TSX: SJ) is a leading producer and marketer...

MONTRÉAL, 07 mai 2020 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX : SJ) (« Stella-Jones » ou la « Société ») a annoncé aujourd’hui les résultats de l’élection des administrateurs à la suite de son assemblée annuelle et extraordinaire des actionnaires (l’« assemblée ») qui a eu lieu cet avant-midi.Tous les candidats au poste d’administrateur proposés dans la circulaire de sollicitation de procurations par la direction de la Société datée du 10 mars 2020 ont été élus au conseil d’administration de Stella-Jones à la majorité des voix exprimées par les actionnaires présents en personne ou représentés par procuration à l’assemblée. Les résultats détaillés du vote à l’élection des administrateurs sont indiqués dans le tableau suivant :De plus, le vote consultatif sur la rémunération des membres de la haute direction (droit de regard sur...

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company”), a globally integrated design and technology firm, today announced its financial and operating results for the three months ended March 31, 2020. Select financial and operational information is outlined below and should be read with IBI’s consolidated financial statements (“Financial Statements”) and management’s discussion and analysis (“MD&A”) as of March 31, 2020, which are available on SEDAR at www.sedar.com and on IBI’s website at www.ibigroup.com.The Company’s first quarter 2020 results were highlighted by $96.7 million in net revenue generated across IBI’s core business practices of Intelligence, Buildings and Infrastructure. The Company’s Intelligence practice generated $20.3 million in net revenue, representing 21% of IBI’s corporate net...

MCLEAN, Va., May 07, 2020 (GLOBE NEWSWIRE) — Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) announced that it has acquired 678 gross acres of farmland in Chase County, Nebraska, for $3.5 million. The farm consists of 648 irrigated acres and will grow a rotation of potatoes, edible beans, and corn. In connection with the acquisition, Gladstone Land also entered into a seven-year, triple-net lease with a local, well-respected tenant who will process all the potatoes raised on the farm at one of their own facilities.“We continue to add farms in this area due to the good water, crop diversity, and the ability to find quality tenants” said Bill Hughes, Managing Director of Gladstone Land. “We are especially excited when we can find tenants that are willing to grow a quality, non-GMO product that consumers...

SOUTH SAN FRANCISCO, May 07, 2020 (GLOBE NEWSWIRE) — Denali Therapeutics Inc. (NASDAQ: DNLI), a biopharmaceutical company developing a broad portfolio of product candidates engineered to cross the blood-brain barrier (“BBB”) for neurodegenerative diseases, today reported financial results for the first quarter ended March 31, 2020 and provided an update on the Company’s response to COVID-19.“Our commitment to defeat degeneration for our patients remains undeterred and we are working tirelessly toward our goals, with key data and decisions on track for mid-year 2020, despite the challenging external environment imposed by the pandemic,” said Ryan Watts, Ph.D., CEO. “We are also looking forward to DNL310 clinical biomarker data in Hunter syndrome in late 2020, with the goal of validating our Transport Vehicle platform...

ALLEN, Texas, May 07, 2020 (GLOBE NEWSWIRE) — Atrion Corporation (Nasdaq – ATRI) today announced that revenues for the quarter ended March 31, 2020 were $43.6 million compared with $41.6 million for the same period in 2019. Net income in the current-year quarter totaled $8.9 million compared to $9.4 million in last year’s first quarter, with diluted earnings per share for the first quarter of 2020 at $4.79 compared to $5.07 for the first quarter of 2019.In announcing results for the first quarter of 2020, David A. Battat, President & CEO, said, “Before discussing our results, I wish to express my gratitude to my co-workers for their truly exceptional efforts during the COVID-19 pandemic. All of our facilities have remained operational thanks to their dedication. This was a monumental effort requiring the modification...