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Day: May 27, 2020

Nasdaq Scheduled Resumption in Moleculin Biotech, Inc.

NEW YORK, May 27, 2020 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading in Moleculin Biotech, Inc. (Nasdaq: MBRX) is scheduled to resume on Thursday, May 28, 2020, at 7:00 a.m. Eastern Time.  Trading in the company’s stock was halted on May 4, 2020 at 9:25:06 Eastern Time.For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.NDAQONasdaq Media Contact:Bianca FataBianca.Fata@nasdaq.com

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The Hershey Company Announces Pricing of $300,000,000 0.900% Notes Due 2025, $350,000,000 1.700% Notes Due 2030 and $350,000,000 2.650% Notes Due 2050

HERSHEY, Pa., May 27, 2020 (GLOBE NEWSWIRE) — The Hershey Company (NYSE: HSY) announced today the pricing of its offering of $300,000,000 of 0.900% notes due 2025, $350,000,000 of 1.700% notes due 2030 and $350,000,000 of 2.650% notes due 2050 (the “Notes Offering”) in a public offering. The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it has issued, pay fees and expenses related to the offering and for general corporate purposes.A registration statement relating to the Notes Offering has been filed with the U.S. Securities and Exchange Commission and is effective. This press release shall not constitute an offer to sell or an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation...

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Arco Platform Limited Reports First Quarter 2020 Financial Results

SÃO PAULO, Brazil, May 27, 2020 (GLOBE NEWSWIRE) — Arco Platform Limited, or Arco (Nasdaq: ARCE), today reported financial and operating results for the first quarter 2020.“2020 started at a strong pace for our business and the challenges faced by our partner schools given the COVID-19 pandemic has further strengthened our role as a mission critical partner for them. During the schools’ shutdown, Arco’s digital transformation accelerated years. We believe our consistent and intense investments in technology over the years as well as the evolution of out platform will put us in a stronger competitive position as our value proposition becomes even greater to all schools. We are grateful and incredibly inspired by the tireless work of our 1,900 employees who, over the past couple of months, contributed in an unprecedent way to our...

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COMPX ANNOUNCES REGULAR QUARTERLY DIVIDEND AND RESULTS OF THE ANNUAL STOCKHOLDER MEETING

Dallas, Texas, May 27, 2020 (GLOBE NEWSWIRE) — CompX International Inc. (NYSE American:  CIX) announced today that its board of directors has declared CompX’s regular quarterly dividend of ten cents ($0.10) per share on its class A common stock, payable on June 16, 2020 to stockholders of record at the close of business on June 9, 2020.CompX also announced that at its annual stockholder meeting held on May 27, 2020, its stockholders:elected each of Thomas E. Barry, David A. Bowers, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, Ann Manix and Mary A. Tidlund as a director for a one year term; andadopted a resolution that approved, on a nonbinding advisory basis, the compensation of its named executive officers as disclosed in the proxy statement for the 2020 annual stockholder meeting.CompX is a leading manufacturer of security...

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Gold Resource Corporation Declares May Monthly Dividend

COLORADO SPRINGS, CO, May 27, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) declares its monthly instituted dividend of one-third of a cent per common share for May 2020 payable on June 23, 2020 to shareholders of record as of June 11, 2020.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The Company has returned $114 million to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.  For more information on Gold Resource Corporation’s physical dividend program, visit the Company website at http://www.goldresourcecorp.com/gold-silver-dividends.php.   Dividends...

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Computer Modelling Group Announces Reduced Quarterly Dividend

CALGARY, Alberta, May 27, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Computer Modelling Group Ltd. (“CMG” or the “Company”) has approved a dividend of $0.05 per Common Share, payable on June 15, 2020 to shareholders of record at the close of business on June 5, 2020. This represents a decrease from the Company’s previous quarterly dividend of $0.10 per share. The cash retained from the dividend reduction will provide financial flexibility to the Company in the current volatile market environment brought about by the COVID-19 pandemic and deteriorated commodity pricing. We believe this is a prudent part of managing our liquidity, and supports our objectives of maintaining a strong balance sheet and delivering a sustainable dividend. We will continue to monitor the market conditions and adjust our strategies accordingly...

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Grocery Outlet Holding Corp. Announces Common Stock Distribution by Hellman & Friedman to Complete Exit

EMERYVILLE, Calif., May 27, 2020 (GLOBE NEWSWIRE) — Grocery Outlet Holding Corp. (NASDAQ: GO) (the “Company”) today announced that the stockholder affiliated with Hellman & Friedman LLC (“Hellman & Friedman”), the Company’s private equity sponsor, has elected to distribute the remainder of its holdings representing 9.6 million shares of the Company’s common stock to its equity holders.“The ongoing reduction of Hellman & Friedman’s ownership stake has been a natural and expected part of Grocery Outlet’s maturation as a publicly traded corporation.  Hellman & Friedman has been a valued partner since their original investment in our company in 2014,” said Grocery Outlet CEO, Eric Lindberg. “Over that time, we have expanded our leadership team and strengthened our supply chain and corporate infrastructure in order...

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Toll Brothers Reports FY 2020 2nd Quarter Results

HORSHAM, Pa., May 27, 2020 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, today announced results for its second quarter ended April 30, 2020.FY 2020’s Second Quarter Financial Highlights (Compared to FY 2019’s Second Quarter):Net income and earnings per share were $75.7 million and $0.59 per share diluted, compared to net income of $129.3 million and $0.87 per share diluted in FY 2019’s second quarter. Pre-tax income was $102.1 million, compared to $176.2 million in FY 2019’s second quarter.Home sales revenues were $1.52 billion, down 11%; home building deliveries were 1,923, up 1%.Net signed contract units were 1,886, down 22%; contract value was $1.55 billion, down 22%.Backlog in units at second-quarter end was 6,428, down 1%; backlog value was $5.49 billion,...

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Norwood Financial Corp and UpState New York Bancorp, Inc. Announce Receipt of Shareholder Approvals of Proposed Merger

HONESDALE, Pa. and GENEVA, N.Y., May 27, 2020 (GLOBE NEWSWIRE) — Norwood Financial Corp (NASDAQ: NWFL) (“Norwood”), the holding company for Wayne Bank, Honesdale, Pennsylvania and UpState New York Bancorp, Inc. (“UpState”), the holding company for USNY Bank, Geneva, New York, jointly announced that the shareholders of both companies overwhelmingly approved the previously announced proposed merger of UpState with and into Norwood at their respective shareholder meetings held on May 26, 2020.  Norwood shareholders also elected Joseph W. Adams, Kevin M. Lamont and Dr. Kenneth A. Phillips as directors of Norwood each for a three-year term, ratified the appointment of S.R. Snodgrass, P.C. as independent auditors for the fiscal year ending December 31, 2020 and approved a non-binding advisory resolution on executive...

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Alpine Income Property Trust, Inc. Declares Second Quarter 2020 Cash Dividend

DAYTONA BEACH, Fla., May 27, 2020 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized and declared a cash dividend of $0.20 per share of common stock for the second quarter of 2020. The dividend is payable on June 30, 2020 to stockholders of record as of the close of business on June 15, 2020.  About Alpine Income Property Trust, Inc.Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that acquires, owns and operates a portfolio of high-quality single-tenant net leased commercial income properties.We encourage you to visit our website at www.alpinereit.com.Safe HarborThis press release may contain “forward-looking statements.” Forward-looking statements include statements that may be identified by words such...

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