Day: May 18, 2020

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2020 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

PHOENIX, May 18, 2020 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the fourth quarter and fiscal year ended March 28, 2020 on Tuesday, May 26, 2020 after the close of market. Senior management will discuss the results in a live webcast the following day, Wednesday, May 27, 2020 at 8:00 AM Eastern Time.Date:   May 27, 2020Time:   8:00 AM ET           Listen via Internet: https://investor.cavco.com/Listen via Telephone: + 1 (844) 348-1686 (domestic) or + 1 (213) 358-0891 (international)If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/.Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a network of independent and Company-owned retailers....

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II-VI Incorporated Determines Effects of Recent U.S. Commerce Department Rule

PITTSBURGH, May 18, 2020 (GLOBE NEWSWIRE) — II-VI Incorporated (Nasdaq:IIVI), a global leader in engineered materials and optoelectronic components, today shared the results of its analysis of the U.S. Commerce Department’s recent interim rule that applies to Huawei and its affiliates.The Commerce Department placed Huawei and its affiliates on the Entity List effective May 16, 2019, restricting trade from the United States. On May 15, 2020, it issued a further rule amending General Prohibition Three by imposing a new control over certain foreign-produced items, when there is knowledge that such items are destined to a designated entity on the Entity List.The company believes that the Commerce Department’s new rule will have no to minimal impact on the company’s sales or prospects. The company will continue to monitor the rule and...

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Bilibili Announces Changes to Board and Committee Compositions

SHANGHAI, China, May 18, 2020 (GLOBE NEWSWIRE) — Bilibili Inc. (NASDAQ: BILI) (“BILI” or the “Company”), a leading online entertainment platform for young generations in China, today announced the appointment of a new independent director to its board of directors (the “Board”): Mr. Guoqi Ding, effective immediately. Mr. Wenji Jin has concurrently resigned from his positions as an independent director and a member of each of the three committees of the Board, and our current independent Board member Mr. Feng Li will serve as a member of each of these committees, effective immediately. Mr. Jin’s resignation did not result from any disagreement with the Company.After the changes, the Board will continue to consist of seven members, four of whom are independent directors. Going forward, the audit committee will consist of Mr. JP Gan,...

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Bilibili Inc. Announces First Quarter 2020 Financial Results

SHANGHAI, China, May 18, 2020 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI), a leading online entertainment platform for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.Total net revenues reached RMB2,315.5 million (US$327.0 million), a 69% increase from the same period in 2019.Average monthly active users (MAUs) reached 172.4 million, and mobile MAUs reached 156.4 million, representing increases of 70% and 77%, respectively, from the same period in 2019.Average daily active users (DAUs) reached 50.8 million, a 69% increase from the same period in 2019.Average monthly paying users (MPUs1) reached 13.4 million, a 134% increase from the same period in 2019.“We kicked off 2020 with a stellar set of results. Both MAUs and DAUs grew at...

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The Pennant Group Acquires Arizona Hospice Agencies

EAGLE, Idaho, May 18, 2020 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice and senior living companies, today announced that it has acquired two affiliated hospice agencies in Arizona:Prime Hospice, operating in the Phoenix metro area; andHarmony Hospice of Arizona, located in Kingman and serving northwestern ArizonaThe acquisition was effective May 16, 2020.“These acquisitions are a great example of an off-market opportunity resulting from relationships we developed over many years,” said Daniel Walker, Pennant’s Chief Executive Officer. “We continue to source a number of off-market opportunities and marketing offerings as understanding of our innovative operating model, patient-centered approach to care, and emphasis on healthy culture continues...

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Leiðrétting – Brim: Kynning á uppgjöri fyrsta ársfjórðungs, fétt birt 2020-05-18 19:19:09

Leiðrétting: Kristján Þ. Davíðsson er stjórnarformaður Brims ekki forstjóriBrim mun birta uppgjör fyrir fyrsta ársfjórðung eftir lokun markaða miðvikudaginn 20. maí.Kynningarfundur verður haldinn sama dag og birt er eða miðvikudaginn 20. maí klukkan 17:00. Í ljósi aðstæðna fer hann eingöngu fram í gegnum fjarfundarbúnað. Hægt er að sækja um aðgang að fundinum á póstfangið kynning@brim.is.Kristján Þ. Davíðsson stjórnarformaður mun kynna uppgjörið og svara spurningum.

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Scatec Solar ASA: Participation of primary insider in private placement

Oslo, 19 May 2020: Reference is made to the stock exchange announcement published by Scatec Solar ASA (“SSO” or the “Company“, ticker code “SSO”) on 18 May 2020 regarding a private placement of the Company’s shares (the “Private Placement“).Argentos AS, a company owned 100% by Raymond Carlsen, CEO of Scatec Solar, was allocated 30,487 shares. Total holding for Raymond Carlsen (directly and through Argentos AS) after the transaction is 3,018,334 shares and 108,637 share options.This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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ZoomerMedia Limited Announces Agreement for Sale of Assets of Darwin CX Inc.

TORONTO, May 18, 2020 (GLOBE NEWSWIRE) — ZoomerMedia Limited (“ZoomerMedia”) (TSXV: ZUM) is pleased to announce today that it has entered into an arm’s length agreement (“Purchase Agreement”) for the sale of substantially all of the assets (“Darwin Assets”) of ZoomerMedia’s wholly-owned subsidiary Darwin CX Inc. (“Darwin”) to New York–based Irish Studio LLC (“Irish Studio”).  Irish Studio has agreed to purchase the Darwin Assets for approximately $7,465,000 (CAD) (“Purchase Price”), of which $700,000 (CAD) was paid to ZoomerMedia in cash concurrently on signing of the Purchase Agreement. The remainder of the purchase price is payable at closing of the transaction in a combination of cash and a promissory note of Irish Studio in the amount of approximately $1,280,000, subject to customary post-closing adjustments.The Darwin Assets...

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Scatec Solar ASA: Private placement completed

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN OR INTO THE UNITED STATES, AUSTRALIA, HONG KONG, SOUTH AFRICA, NEW ZEALAND, CANADA OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.Oslo, 19 May 2020 – Reference is made to the stock exchange announcement published by Scatec Solar ASA (“SSO” or the “Company“, ticker code “SSO”) on 18 May 2020, concerning the contemplated private placement of new shares in the Company (the “Private Placement“).The Company is pleased to announce that the Private Placement has been successfully completed, raising NOK 1,968 million in gross proceeds through the allocation of 12,000,000 new shares (the “Private Placement Shares“) at a subscription price...

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Pathfinder Bancorp, Inc. Announces First Quarter 2020 Total Net Income of $1.7 Million Improves 228.8% over 2019

Net Income of $1.3 Million Available to Common Shareholders Improves 157.4% Over 2019Describes Response to COVID-19 PandemicFor First Quarter 2020: Year-Over-Year Total Revenue Increased 24.7%, Interest Earning Assets Up $93.6 Million (10.3%), and Noninterest Expense Declined 6.9%OSWEGO, N.Y., May 18, 2020 (GLOBE NEWSWIRE) — Pathfinder Bancorp, Inc. (“Company”) (NASDAQ: PBHC), the holding company for Pathfinder Bank (“Bank”), announced first quarter 2020 net income attributable to the Company of $1.7 million compared to $514,000 for the first quarter of 2019.  Further, the Company announced first quarter 2020 net income available to common shareholders of $1.3 million, or $0.29 per diluted share, compared to net income of $514,000, or $0.12 per diluted share, for the first quarter of 2019. First quarter 2020 revenue (net interest...

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