GCP Applied Technologies Announces Board Leadership and Board Committee Assignments

Written by Customer Service on June 4, 2020. Posted in Public Companies.

CAMBRIDGE, Mass., June 04, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies, Inc. (NYSE:GCP)(“GCP” or the “Company”), a leading global provider of construction products technologies, today announced that Peter Feld, managing member of Starboard Value, a 9% shareholder of GCP, was named independent Chairman of the Board.GCP also announced certain changes to the board committee structures and membership and the creation of a new Strategy, Operating and Risk Committee which will work with management to analyze opportunities to further enhance performance at GCP. In addition, the Corporate Responsibility Committee has been combined with the existing Nominating and Governance Committee.The new board committee assignments are as follows:Audit:Marran H. Ogilvie (Chair)Armand LauzonAndrew M. RossLinda J. WeltyCompensation:Janet P. Giesselman...

2nd Gen AMD EPYC™ Processors Now Delivering More Computing Power to Amazon Web Services Customers

Written by Customer Service on June 4, 2020. Posted in Public Companies.

SANTA CLARA, Calif., June 04, 2020 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced that 2nd Gen AMD EPYC™ processor powered Amazon Elastic Compute Cloud (EC2) C5a instances are now generally available in the AWS U.S. East, AWS U.S. West, AWS Europe and AWS Asia Pacific regions.Powered by a 2nd Gen AMD EPYC processor running at frequencies up to 3.3Ghzi, the Amazon EC2 C5a instances are the sixth instance family at AWS powered by AMD EPYC processors. By using the 2nd Gen AMD EPYC processor, the C5a instance delivers leadership x86 price-performance for a broad set of compute-intensive workloads including batch processing, distributed analytics, data transformations, log analytics and web applications.Available in eight configurations, with up to 96 virtual CPUs, the Amazon EC2 C5a instances take advantage of high core counts...

Ferrellgas Partners, L.P. Reports Third Quarter Fiscal 2020 Results

Written by Customer Service on June 4, 2020. Posted in Public Companies.

Gross Profit increased by $6.2 million, or almost three percent, compared to the prior year period as a result of an 8 cent increase in gross margin per gallon combined with a 24 percent increase in tank exchange volumes.Propane sales volume for the quarter decreased by 17.2 million gallons due to weather that was 10 percent warmer than the prior year and to the widespread slowdown of the economy due to COVID-19 primarily impacting the Industrial/Commercial customer base.Successfully issued $700M of Senior Secured Notes due 2025OVERLAND PARK, Kan., June 04, 2020 (GLOBE NEWSWIRE) — Ferrellgas Partners, L.P. (OTC Pink: FGPR) (“Ferrellgas” or the “Company”) today reported financial results for its third quarter ended April 30, 2020.For the quarter, the Company reported a net loss attributable to Ferrellgas Partners, L.P. of $15.4 million,...

Aquestive Therapeutics to Hold Virtual-Only Annual Meeting of Stockholders

Written by Customer Service on June 4, 2020. Posted in Public Companies.

WARREN, N.J., June 04, 2020 (GLOBE NEWSWIRE) — Aquestive Therapeutics, Inc. (NASDAQ: AQST), a pharmaceutical company focused on developing and commercializing differentiated products that address patients’ unmet needs and solve therapeutic problems, today announced that due to the public health and safety concerns related to the COVID-19 pandemic the location of its Annual Meeting of Stockholders has been changed to a virtual-only format, via live audio webcast. Stockholders will not be able to attend the Annual Meeting in person.As previously announced, the Annual Meeting will be held on Tuesday, June 16, 2020 at 9:30 a.m., Eastern Time. Online access to the meeting will begin at 9:15 a.m., Eastern Time.The Company is modifying the meeting format due to the COVID-19 pandemic and will determine whether future Annual Meetings will...

Westport Fuel Systems Reports First Quarter 2020 Financial Results

Written by Customer Service on June 4, 2020. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, June 04, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) reported financial results for the first quarter ended March 31, 2020 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated.Key ResultsConsolidated revenues for the quarter ended March 31, 2020 decreased by $6.0 million to $67.2 million, or 8% over the same period last yearGross margin for the three months ended March 31, 2020 decreased by $12.9 million to $4.3 million, mainly due to a $10 million charge for a field service campaign for the replacement of a pressure release device recorded during the quarter. Not included in the charge is anticipated insurance recovery of 70% of these costsAdjusted EBITDA decreased to negative $3.6 million for the quarter...

Major Drilling Announces Annual and Fourth Quarter Results

Written by Customer Service on June 4, 2020. Posted in Earnings Releases And Operating Results.

MONCTON, New Brunswick, June 04, 2020 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) today reported results for the year and fourth quarter of fiscal year 2020, ended April 30, 2020. Note: the presentation of certain items, including gross margin, have been modified. Please refer to “Non-IFRS Financial Measures” for more details.HighlightsAdjusted gross margin excludes depreciation expenses.Earnings before interest, taxes, depreciation and amortization, excluding restructuring charge and goodwill impairment (see “Non-IFRS Financial Measures”).Net loss excluding goodwill impairment, restructuring charge and deferred tax write-down (see “Non-IFRS Financial Measures”).Quarterly revenue was $88.8 million, down 12% from the same quarter last year due to the impact of COVID-19.Annual revenue was $409.1 million,...

The Children’s Place to Webcast Review of First Quarter 2020 Financial Results

Written by Customer Service on June 4, 2020. Posted in Public Companies.

SECAUCUS, N.J., June 04, 2020 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE) today announced that, in conjunction with the release of its first quarter 2020 financial results, you are invited to listen to the Company’s conference call on Thursday, June 11, 2020, beginning at 8:00 a.m. Eastern Time.To access the webcast, visit http://investor.childrensplace.com. An archive of the webcast can be accessed two hours after the live call has concluded.About The Children’s PlaceThe Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary “The Children’s Place”, “Place”, “Baby Place,” and...

Lands’ End Announces Participation in the Cowen 2020 Virtual New Retail Ecosystem CEO Summit

Written by Customer Service on June 4, 2020. Posted in Public Companies.

DODGEVILLE, Wis., June 04, 2020 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) today announced that the Company will be participating in the Cowen 2020 Virtual New Retail Ecosystem CEO Summit, on Tuesday, June 9, 2020, at 3:15 PM Eastern Time. Jerome Griffith, Chief Executive Officer and President, will participate in the Next Generation Brand Innovation CEO Roundtable.The audio portion of the presentation will be webcast live over the internet and can be accessed at http://investors.landsend.com. An online archive will be available for a period of 90 days following the presentation.About Lands’ End, Inc.Lands’ End, Inc. (NASDAQ:LE) is a leading uni-channel retailer of casual clothing, accessories, footwear and home products. We offer products online at www.landsend.com, on third party online marketplaces and through...

SEACOR Marine Announces Agreement to Consolidate SEACOSCO Joint Venture

Written by Customer Service on June 4, 2020. Posted in Public Companies.

HOUSTON, June 04, 2020 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, today announced that a wholly-owned subsidiary of the Company entered into a definitive sale and purchase agreement to acquire the remaining 50% of the equity interests in SEACOSCO Offshore LLC (“SEACOSCO”) that it did not already own from affiliates of COSCO SHIPPING GROUP (“COSCO”). As a result of the purchase, SEACOR Marine will own 100% of SEACOSCO. Subject to the satisfaction of the conditions to closing, the transaction is expected to close in June 2020.The acquisition further modernizes SEACOR Marine’s fleet through consolidating the Company’s ownership of eight Rolls-Royce...

Adamas announces FDA filing acceptance of sNDA to modify the indication statement for GOCOVRI® to include treatment for Parkinson’s disease patients receiving levodopa and experiencing OFF episodes

Written by Customer Service on June 4, 2020. Posted in Public Companies.

EMERYVILLE, Calif., June 04, 2020 (GLOBE NEWSWIRE) — Adamas Pharmaceuticals, Inc. (Nasdaq: ADMS), a company dedicated to developing and delivering medicines that make a meaningful difference to people affected by neurological diseases, today announced that its supplemental New Drug Application (sNDA) for GOCOVRI as a treatment for OFF episodes in Parkinson’s disease (PD) patients receiving levodopa-based therapy has been accepted for review by the U.S. Food and Drug Administration (FDA). The anticipated Prescription Drug User Fee Act (PDUFA) action date is February 1, 2021. GOCOVRI (amantadine) extended release capsules is approved to treat dyskinesia in PD patients treated with levodopa-based therapy, with or without other dopaminergic medications. In the sNDA, Adamas has proposed a revision to the indication statement to include...

Day: June 4, 2020

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