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Day: May 7, 2020

Monster Beverage Reports 2020 First Quarter Financial Results Including an Update on the Impact of the COVID-19 Pandemic

— First Quarter Net Sales rise 12.3 percent to $1.06 billion —— First Quarter Net Income increases 6.6 percent to $278.8 million —— First Quarter Net Income per diluted share increases 8.2 percent to $0.52 per share —CORONA, Calif., May 07, 2020 (GLOBE NEWSWIRE) — May 7, 2020 – Monster Beverage Corporation (NASDAQ: MNST) today reported financial results for the three-months ended March 31, 2020 and provided an update on the impact of the COVID-19 pandemic.COVID-19 PandemicFrom the beginning of the COVID-19 pandemic, the Company’s top priority has been the health, safety and well-being of its employees.  Early in March 2020, the Company implemented global travel restrictions and work-from-home policies for employees who are able to work remotely. For those employees who are unable to work remotely,...

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Red Lion Hotels Corporation to Host Virtual 2020 Shareholders Meeting May 19, 2020

DENVER, May 07, 2020 (GLOBE NEWSWIRE) — Red Lion Hotels Corporation, doing business as RLH Corporation (NYSE: RLH) announced today that, in light of continuing public health concerns related to the COVID-19 pandemic, its Annual Meeting of Shareholders will be held on May 19, 2020 in virtual format only. In person attendance at the Annual Meeting by shareholders will not be permitted.Shareholders can participate in the virtual meeting online at https://web.lumiagm.com/214100065, meeting password: red2020.     Shareholders of record as of the close of business on March 24, 2020, the record date, may participate in the meeting as a “Shareholder” or as a “Guest.” If you participate as a “Shareholder,” you will be able to participate in the meeting as if attending in person, including the ability to vote your shares and submit questions...

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CooperCompanies Announces Release Date for Second Quarter 2020

SAN RAMON, Calif., May 07, 2020 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO) today announced it will release second quarter 2020 financial results on Thursday, June 4, 2020, at 4:15 PM ET. Following the release, the Company will host a conference call at 5:00 PM ET to discuss the results and current corporate developments.The live dial-in number for the call is 855-643-4430 (U.S.) / 707-294-1332 (International). The participant passcode for the call is “Cooper”. A simultaneous webcast of the call will be available through the “Investor Relations” section of the CooperCompanies website at http://investor.coopercos.com and a transcript of the call will be archived on this site for a minimum of 12 months. A recording of the call will be available beginning at 8:00 PM ET on June 4, 2020 through June 11, 2020. To hear this recording,...

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Microchip Technology Declares Quarterly Cash Dividend Of 36.75 Cents Per Share

CHANDLER, Ariz., May 07, 2020 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of 36.75 cents per share.  The dividend is payable on June 4, 2020 to stockholders of record on May 21, 2020.  Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 63 times since its inception.“Microchip’s financial performance in the March 2020 quarter was very good with the backdrop of a very uncertain economic environment,” said Steve Sanghi, Chief Executive Officer.  “Our Board is pleased to declare an increase in our quarterly dividend to a record 36.75 cents per share, which...

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Glatfelter Increases Dividend by 3.8% to $0.135 per Common Share

YORK, Pa., May 07, 2020 (GLOBE NEWSWIRE) — Glatfelter (NYSE: GLT), today announced that its board of directors declared a $0.135 per share cash dividend on its outstanding common stock. The dividend is payable on August 1, 2020, to all shareholders of record as of the close of business on July 3, 2020.The new dividend amount represents a 3.8% increase compared to the prior quarterly amount.About GlatfelterGlatfelter is a leading global supplier of engineered materials. The Company’s high-quality, innovative and customizable solutions are found in tea and single-serve coffee filtration, personal hygiene and packaging products as well as home improvement and industrial applications. Headquartered in York, PA and transitioning to new headquarters in Charlotte, NC, the Company’s annual net sales approximate $925 million with customers...

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The Conatus Pharmaceuticals Special Meeting of Stockholders Seeking Approval for Proposed Merger with Histogen Inc. will Reconvene on May 21, 2020

SAN DIEGO, May 07, 2020 (GLOBE NEWSWIRE) — Conatus Pharmaceuticals Inc. (Nasdaq:CNAT) today convened and adjourned its special meeting of stockholders in order to obtain a quorum and specific stockholder approvals required pursuant to the terms of its merger agreement with Histogen Inc.Conatus announced it needs additional time to solicit stockholder votes in order to obtain a quorum for the meeting and affirmative votes from a majority of the outstanding shares of Conatus’ common stock, which is required for the approval of the reverse stock split (Proposal 2).  The reverse stock split must be approved by a majority of the outstanding shares in order for the merger to close. Conatus announced that over 95% of the votes cast to date have been in favor of the merger with Histogen (Proposal 1).The special meeting was adjourned until...

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CSX Corporation Declares Quarterly Dividend

JACKSONVILLE, Fla., May 07, 2020 (GLOBE NEWSWIRE) — Yesterday, the board of directors of CSX Corp. (NASDAQ: CSX) approved a $0.26 per share quarterly dividend on the company’s common stock. The dividend is payable June 15, 2020, to shareholders of record at the close of business on May 29, 2020.About CSX and its DisclosuresCSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of...

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Oliveda International, Inc. (OLVI) Projects LA Dope and Olive Tree People Subsidiaries With $17.7 Million Combined Sales Potential Over Next 3 Years

SANTA MONICA, CA, May 07, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, today announced that the company believes that the future in the beauty industry lies in sustainability and clean beauty and the potential of our green beauty LA Dope Inc. and green tech company Olive Tree People over the next 3 years have sales potential of at least $9.8 million and $7.9 million, respectively, which combined has a sales potential of more than $17.7 million.Above all, with the new and unique developments of LA Dope Inc. and the CBD Beauty Elixir, Oliveda International is expecting disproportionate growth because LA Dope first combines CBD with hyaluronic acid and hydroxytyrosol, which protects the cells...

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Dorchester Minerals, L.P. Announces First Quarter Results

DALLAS, May 07, 2020 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2020 of $8,761,000, or $0.25 per common unit.A comparison of the Partnership’s consolidated results for the quarter ended March 31, 2020 and 2019 are set forth below:The Partnership previously declared its first quarter distribution in the amount of $0.477891 per common unit payable on May 14, 2020 to common unit holders of record as of May 4, 2020.  The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion.Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests located...

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DTE Energy issues dividend

Detroit, May 07, 2020 (GLOBE NEWSWIRE) — DETROIT, May 7, 2020 (NYSE: DTE) — The DTE Energy Board of Directors declared a $1.0125 per share dividend on its common stock payable July 15, 2020 to shareholders of record at the close of business June 15, 2020. This continues DTE Energy’s consistent dividend history, having issued a cash dividend for more than 100 years.“We recognize the value of our long history of dividend and the role it plays in delivering above-average shareholder returns,” said Jerry Norcia, DTE Energy president and CEO. “DTE’s continued performance in this area brings support to all of our stakeholders.”About DTE Energy DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide....

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