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Month: May 2020

CymaBay Therapeutics to Report First Quarter 2020 Financial Results on Monday, May 11

NEWARK, Calif., May 04, 2020 (GLOBE NEWSWIRE) — CymaBay Therapeutics, Inc. (NASDAQ: CBAY), a clinical-stage biopharmaceutical company focused on developing therapies for liver and other chronic diseases with high unmet need, today announced that it will host a conference call and live audio webcast on Monday, May 11, 2020 at 4:30 p.m. Eastern Time to discuss financial results for the first quarter ended March 31, 2020 and to provide a business update.Conference Call DetailsTo access the live conference call, please dial 855-327-6837 from the U.S. and Canada, or 631-891-4304 internationally, Conference ID# 10009543. To access the live and subsequently archived webcast of the conference call, go to the Investors section of the company’s website at http://ir.cymabay.com/events.About CymaBayCymaBay Therapeutics, Inc. is a clinical-stage...

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America First Multifamily Investors, L.P. Announces Significant Debt Refinancing and Business Update

OMAHA, Neb., May 04, 2020 (GLOBE NEWSWIRE) — America First Multifamily Investors, L.P. (NASDAQ:  ATAX) (the “Partnership” or “ATAX”) announced today that on April 30, 2020, it terminated all of the Partnership’s outstanding debt financing arrangements with Deutsche Bank AG (“Deutsche Bank”). The Partnership repaid outstanding principal totaling approximately $51.8 million that previously had fixed interest rates ranging from 4.01% to 4.53%. In addition, the Partnership terminated its Master Trust Agreement with Deutsche Bank and is no longer subject to its financial and non-financial covenant provisions.Concurrent with the termination of the debt financing arrangements with Deutsche Bank, the Partnership entered into five variable rate Tender Option Bond (“TOB”) Trust financings with Mizuho Capital Markets LLC (“Mizuho”) with initial...

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Vornado Announces First Quarter 2020 Financial Results

NEW YORK, May 04, 2020 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE: VNO) reported today:Quarter Ended March 31, 2020 Financial ResultsNET INCOME attributable to common shareholders for the quarter ended March 31, 2020 was $4,963,000, or $0.03 per diluted share, compared to $181,488,000, or $0.95 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table below, net income attributable to common shareholders, as adjusted (non-GAAP) for the quarters ended March 31, 2020 and 2019 was $20,233,000 and $24,814,000, or $0.11 and $0.13 per diluted share, respectively.FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended March 31, 2020 was $130,360,000, or $0.68 per diluted...

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L Brands Outlines Go-Forward Strategy

Mutual Agreement with Sycamore Partners to Terminate Previously Announced TransactionRemains Committed to Establishing Bath & Body Works as a Pure-Play Public Company; Taking Necessary Steps, Including Implementing Cost Reductions and Performance Improvements, to Prepare Victoria’s Secret Businesses to Operate on a Separate, Standalone BasisPreviously Announced Leadership and Governance Changes Effective as of 2020 Annual Meeting of StockholdersCOLUMBUS, Ohio, May 04, 2020 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE: LB) today announced a mutual agreement with Sycamore Partners to terminate their previously announced transaction and outlined its go-forward strategy for the company to drive long-term shareholder value. As part of L Brands’ strategy, the company remains committed to establishing Bath & Body Works as a pure-play...

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Reata Pharmaceuticals, Inc. to Report First Quarter 2020 Financial Results and to Provide an Update on Development Programs on May 11, 2020

PLANO, Texas, May 04, 2020 (GLOBE NEWSWIRE) — Reata Pharmaceuticals, Inc. (Nasdaq: RETA), a clinical-stage biopharmaceutical company, today announced that it will report financial results and provide an update on recent progress on its development programs post-market on May 11, 2020.Reata’s management will host a conference call on May 11, 2020 at 4:30p.m. ET.  The conference call will be accessible by dialing (844) 348-3946 (toll-free domestic) or (213) 358-0892 (international) using the access code: 6936548.  The webcast link is https://edge.media-server.com/mmc/p/5a3us7n3.First quarter 2020 financial results to be discussed during the call will be included in an earnings press release that will be available on the company’s website shortly before the call at http://reatapharma.com/investors/ and which will be available for 12...

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KS Bancorp, Inc. to Allow Participation at Annual Meeting by Phone

SMITHFIELD, N.C., May 04, 2020 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (OTCBB: KSBI) (“KS” or “the Company”), parent company of KS Bank, Inc. (the “Bank”), today announced that, as a result of the continuing COVID-19 crisis and resulting guidance and limitations on public gatherings, (i) a limit of ten (10) shareholders will be permitted to physically attend in person the Annual Meeting of Shareholders scheduled for May 14, 2020 at 7:00 p.m. Eastern Time, and (ii) shareholders wishing to participate in the meeting may attend by telephone conference call.The Company will hold a business-only meeting to address the proposals described in its Proxy Statement, with participation being made available to shareholders by telephone conference call.Shareholders who wish to participate in the May 14, 2020 Annual Meeting of Shareholders must contact...

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Mettler-Toledo International Inc. Announces Webcast of Presentation at the Virtual 2020 BofA Securities Health Care Conference

Columbus, OH, May 04, 2020 (GLOBE NEWSWIRE) — Mettler-Toledo International Inc. (NYSE:MTD) today announced the webcast of its presentation at the virtual 2020 BofA Securities Health Care Conference on Wednesday, May 13, 2020, at 11:40 a.m Eastern Time.  To hear a live webcast of the presentation, visit the investor relations page on the Company’s Web site at www.mt.com/investors.  A replay of the webcast will be available for seven days.Mary T. Finnegan Investor Relations / Finance +1-614-438-4748

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RGC Resources, Inc. Reports Second Quarter Earnings

ROANOKE, Va., May 04, 2020 (GLOBE NEWSWIRE) — RGC Resources, Inc. (NASDAQ:  RGCO) announced consolidated Company earnings of $5,680,316 or $0.70 per diluted share for the quarter ended March 31, 2020.  This compares to consolidated earnings of $4,670,090 or $0.58 per diluted share for the quarter ended March 31, 2019.  CEO Paul Nester stated, “Prior to the COVID-19 pandemic, we experienced strong earnings growth driven primarily by improved utility margins and the investment in the Mountain Valley Pipeline (MVP)”. Earnings for the twelve months ending March 31, 2020 were $11,281,412 or $1.39 per diluted share outstanding compared to $8,876,066 or $1.10 per diluted share for the twelve months ended March 31, 2019.  Nester attributed the significant increase in trailing twelve-month net income to improved utility margins associated...

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Capitala Finance Corp. Reports First Quarter 2020 Results

CHARLOTTE, N.C., May 04, 2020 (GLOBE NEWSWIRE) — Capitala Finance Corp. (NASDAQ:CPTA) (“Capitala”, the “Company”, “we”, “us”, or “our”) today announced its financial results for the first quarter of 2020, and the suspension of regular distributions effective for the second quarter of 2020.    Management CommentaryChairman and Chief Executive Officer Joseph B. Alala, III offered the following comments, “COVID-19 has presented unprecedented challenges to our nation, from both a personal health standpoint as well as a shutdown in the U.S. economy.  We have weathered the former very well, with remote working capabilities; however, the shutdown of the U.S economy has had a major impact on small business performance, especially those in the lower middle market.  Net asset value per share declined by $2.87 per share during...

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