Day: May 28, 2020
Dallas, Texas, May 28, 2020 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) announced that at its annual stockholder meeting held today, its stockholders approved a reverse stock split of the company’s common stock and that, following the stockholder approval, its board of directors established a reverse stock split ratio of 1-for-12. The reverse stock split is expected to occur on June 1, 2020, with trading to begin on a split-adjusted basis on the New York Stock Exchange (NYSE) at the market open on June 2, 2020. Trading in the common stock will continue on the NYSE under the symbol “VHI” but the security will be assigned a new CUSIP number.No fractional shares will be issued in connection with the reverse stock split. Stockholders otherwise entitled to receive a fractional share as a result of the reverse stock split will receive...
Kearny Financial Corp. and MSB Financial Corp. Announce the Receipt of Shareholder and Regulatory Approvals for Acquisition
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FAIRFIELD, N.J. and MILLINGTON, N.J., May 28, 2020 (GLOBE NEWSWIRE) — Kearny Financial Corp. (Nasdaq: KRNY) (“Kearny”) and MSB Financial Corp. (Nasdaq: MSBF) (“MSB”) jointly announced that the parties have received all the shareholder and regulatory approvals or waivers necessary to complete the merger of MSB into Kearny. The special meeting of MSB’s shareholders to approve the merger was held on May 28, 2020. At the MSB special meeting, shareholders also approved, on a non-binding advisory basis, the compensation that may become payable to the named executive officers of MSB in connection with the merger. The parties expect to close the merger early in the third calendar quarter of 2020, subject to the satisfaction of customary closing conditions.The combined company is expected to have approximately $7.37 billion in assets and...
BioCryst to Present at Jefferies Virtual Healthcare Conference
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RESEARCH TRIANGLE PARK, N.C., May 28, 2020 (GLOBE NEWSWIRE) — BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced that the company will present at the Jefferies Virtual Healthcare Conference on Thursday, June 4, 2020 at 10:30 a.m. ET.Links to a live audio webcast and replay of this presentation may be accessed in the Investors section of BioCryst’s website at http://www.biocryst.com.About BioCryst PharmaceuticalsBioCryst Pharmaceuticals discovers novel, oral, small-molecule medicines that treat rare diseases in which significant unmet medical needs exist and an enzyme plays a key role in the biological pathway of the disease. BioCryst has several ongoing development programs including berotralstat (BCX7353), an oral treatment for hereditary angioedema, BCX9930, an oral Factor D inhibitor for the treatment of complement-mediated...
Costco Wholesale Corporation Reports Third Quarter and Year-To-Date Operating Results for Fiscal 2020
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ISSAQUAH, Wash., May 28, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced its operating results for the third quarter (12 weeks) and the first 36 weeks of fiscal 2020, ended May 10, 2020.Net sales for the quarter increased 7.3 percent, to $36.45 billion from $33.96 billion last year. Net sales for the first 36 weeks increased 7.8 percent, to $110.94 billion from $102.90 billion last year.Comparable sales for the third quarter fiscal 2020 were as follows:*Excluding the impacts from changes in gasoline prices and foreign exchange.Reported net income for the third quarter was $838 million, or $1.89 per share, which was negatively impacted by $283 million pretax, or 47 cents per diluted share, from incremental wage and sanitation costs related to COVID-19. Last year’s...
Ooma to Present during the William Blair 40th Annual Growth Stock Conference, June 10, 2020
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SUNNYVALE, Calif., May 28, 2020 (GLOBE NEWSWIRE) — Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, will be participating in the William Blair 40th Annual Growth Stock Conference, which is being held virtually June 9-11.Ooma CEO Eric Stang and CFO Ravi Narula are scheduled to present on Wednesday, June 10 at 4:40 p.m. Central time. The presentation will be webcast as live audio and available for replay from the Events & Presentation page of the Investor Relations section of Ooma’s website, www.ooma.com.About Ooma, Inc.Ooma (NYSE: OOMA) creates powerful connected experiences for businesses and consumers, delivered from its smart cloud-based SaaS platform. For businesses of all sizes, Ooma provides advanced voice and collaboration features that are flexible and scalable. For consumers, Ooma’s...
State of Florida approves option agreement with Alico to acquire approximately 10,684 acres of Alico Ranch
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FORT MYERS, Fla., May 28, 2020 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) announces today that the State of Florida approved entering into an option agreement submitted by Alico which grants the State an option to purchase approximately 10,684 acres of Alico Ranch for approximately $28.5 million under the Florida Forever program.John Kiernan, Alico’s President and Chief Executive Officer, commented, “We are pleased the State of Florida has approved entering into this option agreement which grants it an option to purchase approximately 10,684 acres on the west side of the Alico Ranch. If exercised, we expect the State to close on the purchase by the end of our 2020 fiscal year. Alico is committed to our culture of conservation. Last year, Alico sold approximately 5,500 acres of pristine land to the...
Yara prices US dollar bond offering
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Oslo, 28 May 2020: Yara International ASA today priced a new 10-year bond offering of USD 750 million (the “Notes”).The bond offering will be issued pursuant to Rule 144A/Regulation S. The bonds have a coupon of 3.148% per annum. Yara intends to use the net proceeds of the new issue for general corporate purposes as well as to repay certain existing indebtedness.ContactNina Kleiv, Head of Finance, Treasury & InsuranceMobile: (+47) 414 40 067E-mail: nina.kleiv@yara.comLiv Bergh, Head of FundingMobile: (+47) 414 02 153E-mail: liv.bergh@yara.comCautionary StatementsThis press release is for information purposes only and does not constitute any offer to sell or the solicitation of an offer to buy any security in the United States or in any other jurisdiction. The Notes have not been and will not be registered under the U.S. Securities...
Surface Oncology Announces Change to Location and Format of 2020 Annual Meeting of Stockholders
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CAMBRIDGE, Mass., May 28, 2020 (GLOBE NEWSWIRE) — Surface Oncology (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, today announced that its 2020 Annual Meeting of Stockholders has been changed to a virtual meeting as a result of continuing concerns surrounding the COVID-19 pandemic. The meeting will still be held on Wednesday, June 10, 2020 at 11:00 a.m. EDT, as previously announced. Stockholders will only be able to participate in this year’s Annual Meeting via the virtual meeting. This change is reflective of the public health impact of the COVID-19 pandemic, government restrictions limiting the size of gatherings, and supporting the health and well-being of Surface Oncology’s stockholders, directors and employees, and their communities.Stockholders...
Aeglea BioTherapeutics Announces Change of Location of Annual Meeting of Stockholders to Be Held June 8, 2020
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AUSTIN, Tx., May 28, 2020 (GLOBE NEWSWIRE) — Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE), a clinical-stage biotechnology company developing a new generation of human enzyme therapeutics as innovative solutions for rare and other high-burden diseases, today announced that, due to the public health impact of the coronavirus (COVID-19) pandemic, the location of the Company’s 2020 annual meeting of stockholders has been changed and will be held in a virtual meeting format only. As previously announced, the annual meeting will be held on Monday, June 8, 2020 at 9:00 a.m. Central Time. To be admitted to the annual meeting at www.virtualshareholdermeeting.com/AGLE2020, stockholders must enter the control number found on their proxy card, voting instruction form or notice previously received. Further information regarding this change to...
NXP Semiconductors Announces Quarterly Dividend
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EINDHOVEN, The Netherlands, May 28, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) today announced that, as part of its Quarterly Dividend Program, its board of directors has approved the payment of an interim dividend for the second quarter of 2020 of $0.375 per ordinary share. The interim dividend will be paid in cash on July 6, 2020 to shareholders of record as of June 15, 2020.Taxation – Cash DividendsCash dividends will be subject to the deduction of Dutch dividend withholding tax at the rate of 15 percent, which may be reduced in certain circumstances. Non-Dutch resident shareholders, depending on their circumstances, may be entitled to a full or partial refund of Dutch dividend withholding tax. If you are uncertain as to the tax treatment of any dividends, consult your tax advisor.About NXP SemiconductorsNXP...