Day: May 11, 2020

EVO Payments to Participate in Upcoming Virtual Investor Conferences

ATLANTA , May 11, 2020 (GLOBE NEWSWIRE) — EVO Payments, Inc. (NASDAQ: EVOP) (“EVO”), a leading global provider of payment technology integrations and acquiring solutions, today announced it will participate in the following virtual investor conferences:May 13, 2020, James G. Kelly, Chief Executive Officer will present at the J.P. Morgan Global Technology, Media and Communications Conference 4:40 p.m. EDT.May 19, 2020, James G. Kelly, Chief Executive Officer, will present at the Barclays Emerging Payments Forum at 11:20 a.m. EDT.May 27, 2020, Brendan F. Tansill, President, the Americas, will present at the Cowen 47th Annual Technology, Media & Telecom Conference at 9:30 a.m. EDT.June 10, 2020, James, G. Kelly, Chief Executive Officer, will present at the William Blair 2020 Growth Stock Conference in Chicago, Illinois at 11:00...

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Dealnet PrePays Chesswood Credit Facility of $1.9 million

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) announced today that it prepaid its credit facility of $1.9 million with Chesswood five months ahead of its due date.“The prepayment of the Chesswood credit facility improves our corporate cash flows,” said Brent Houlden, Dealnet’s Chief Executive Officer.About Dealnet Capital Corp.Dealnet is the parent company of subsidiaries operating in two market segments, consumer finance and call centre. The Company operates in the consumer finance segment in Canada through EcoHome Financial Inc. (“EcoHome”) and its call centre segment under the One Contact banner (“One Contact”).EcoHome is a specialty finance company serving the $20 billion Canadian home improvement finance market. EcoHome develops and supports consumer sales...

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Garrison Capital Inc. Declares Second Quarter 2020 Distribution of $0.15 Per Share and Announces First Quarter 2020 Financial Results and Earnings Call

NEW YORK, May 11, 2020 (GLOBE NEWSWIRE) — Garrison Capital Inc. (the “Company”), a business development company (Nasdaq: GARS), today announced its financial results for the first quarter and three months ended March 31, 2020. Net investment income for the first quarter was $2.4 million, or $0.15 per share, and the net decrease in net assets resulting from operations was $28.4 million, or $1.77 per share. The Company’s Board of Directors declared a second quarter dividend of $0.15 per share payable on June 26, 2020 to stockholders of record as of June 5, 2020. The Company issued a full detailed presentation of its first quarter 2020 results, which can be viewed at www.garrisoncapitalbdc.com.Earnings Conference CallThe Company will host an earnings conference call at 10:00 a.m. (Eastern Time) on Wednesday, May 13, 2020, to discuss...

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First Midwest Bancorp, Inc. Announces Additional Information For Virtual 2020 Annual Meeting of Stockholders

CHICAGO, May 11, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (“First Midwest”) previously announced that its 2020 annual meeting of stockholders will be held in a virtual meeting format. Below are the instructions for accessing the virtual annual meeting.Annual Meeting Date and Time:  Wednesday, May 20, 2020, at 9:00 a.m. Central time. Meeting Website:  www.meetingcenter.io/253702787 (meeting password: FMBI2020). Stockholders:  After logging into the meeting website using the password listed above, stockholders of record on the record date of March 27, 2020 should enter their 15-digit control number found on the proxy card previously distributed. Once admitted to the annual meeting, stockholders should follow the instructions on the website. Additional information on how to vote your shares and attend the annual meeting...

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GameStop Recommends Stockholders Vote the BLUE Proxy Card to Support ALL of GameStop’s Independent, Experienced and Highly Qualified Directors

GRAPEVINE, Texas, May 11, 2020 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (the “Company”) today issued a letter to stockholders reiterating its history of extensive engagement with all stockholders, including Hestia Capital Partners, LP and Permit Capital Enterprise Fund, LP (“Hestia Capital” and “Permit Capital,” or collectively, the “Dissident Stockholders”), and outlining the significant steps it has taken to comprehensively refresh its Board, management team, and corporate governance practices within the last two years. The letter urges stockholders to use the BLUE proxy card to vote “FOR ALL” of GameStop’s 10 highly qualified director nominees in connection with the Company’s upcoming Annual Meeting of Stockholders (the “Annual Meeting”) to be held at 8:00 a.m. CT on June 12, 2020.Leading up to the Annual Meeting, your Board...

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Akorn Provides First Quarter 2020 Results

LAKE FOREST, Ill., May 11, 2020 (GLOBE NEWSWIRE) — Akorn, Inc. (Nasdaq: AKRX), a leading specialty pharmaceutical company, today announced its financial results for the first quarter of 2020.First Quarter 2020 Results and Recent DevelopmentsNet revenue was $205 million, up $39 million, 23% from the prior year quarterNet loss was $257 million, compared to $82 million loss in the prior year quarterAdjusted EBITDA was $59 million, compared to $23 million in the prior year quarterDiscussions with lenders regarding the sale process and Chapter 11 filing are on-goingReceived Establishment Inspection Report (EIR) and Voluntary Action Indicated (VAI) status for February 2020 inspection of Akorn’s Hettlingen, Switzerland manufacturing facilitySummary Financial Results for the Quarter Ended March 31, 2020Akorn’s reported net revenue...

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Scorpio Bulkers Inc. Announces Purchase of Common Shares by Scorpio Services Holding Limited

MONACO, May 11, 2020 (GLOBE NEWSWIRE) — Scorpio Bulkers, Inc. (NYSE: SALT) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 50,000 common shares of the Company at an average price of $17.15 per share in the open market. The Company currently has 7,247,580 common shares outstanding, of which the Scorpio Group of companies, including SSH owns 1,447,751 or 19.98%.About Scorpio Bulkers Inc.Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. The Company currently has five vessels held for sale. Upon the completion of the sale of the five vessels, Scorpio Bulkers Inc. will have an operating fleet of 51 vessels consisting of 45 wholly-owned or finance leased drybulk vessels (including 16 Kamsarmax vessels and 29 Ultramax vessels), and six time...

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First Community Bankshares, Inc. Announces First Quarter Results

BLUEFIELD, Va., May 11, 2020 (GLOBE NEWSWIRE) — First Community Bankshares, Inc. (NASDAQ: FCBC) (www.firstcommunitybank.com) (the “Company”) today reported its unaudited results of operations and other financial information for the quarter ended March 31, 2020. The Company reported net income of $7.87 million, or $0.44 per diluted common share, for the quarter ended March 31, 2020, which was a decrease of $0.16, or 26.67%, over the same quarter of 2019. Additionally, the Company recently declared a quarterly cash dividend to common shareholders of twenty-five cents ($0.25) per common share.  2020 is the 35th consecutive year of regular dividends to common shareholders.First Quarter 2020 and Current HighlightsPandemic and GeneralThe Company initiated social distancing practices at its branches and corporate offices on March 20, 2020,...

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Element Reports Solid First Quarter Results and Transformation Progress; Reiterates Confidence in Resilient Business

Q1 core adjusted operating income increased 10.5% over Q1 2019 to $135 million; equivalent to $0.23 on a per share basisTransformation program actioned cumulative $146 million of run-rate profit improvement initiatives and delivered $29 million of operating income enhancement in Q1 – both ahead of planQ1 originations of $2.0 billion with contributions from all five geographies drove core assets under management to $17.8 billion at quarter-endElement has committed, undrawn liquidity of over $5.5 billion at March 31, 2020; ready access to U.S. bond, term ABS and syndication markets; and dependable operating cash flowElement withdraws 2020 adjusted EPS guidance and increases allowance for credit losses to $20 million given the uncertainties associated with the economic impact of COVID-19Subsequent to quarter-end, Element sold the assets...

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Zoom Telephonics Announces CEO Transition

Boston, MA, May 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Zoom Telephonics, Inc. (“Zoom”) (OTCQB: ZMTP), a leading creator of cable modems and other Internet access products, today announced that Joe Wytanis has stepped down from the position of CEO. To ensure a smooth transition, Wytanis will act as an advisor to the board. Zoom’s Board of Directors has formed a CEO search committee, led by Zoom Chairman Jeremy Hitchcock. “I am extremely proud of the team’s accomplishments throughout my tenure,” said Wytanis. “As the demand for reliable home connectivity has never been higher, Zoom is on an exciting trajectory. We’ve seen outstanding growth in e-commerce and storefront retail, inspiring Zoom to focus its product development and marketing initiatives. Accordingly, we have decided Zoom needed leadership more specialized...

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