Day: June 17, 2020
MITCHEL FIELD, N.Y., June 17, 2020 (GLOBE NEWSWIRE) — Frequency Electronics, Inc. (NASDAQ:FEIM) announced today that its wholly owned subsidiary FEI-Elcom Tech, Inc. (Elcom) received a five year contract valued at approximately $2.7M, if all options are exercised, for supply of advanced synthesizer sub-systems to a leading U.S defense prime contractor for ultimate government end use. Additional order potential for these synthesizers is estimated at more than $2.5M, including spares and international sales opportunities. The synthesizers will be incorporated into next generation Electronic Warfare (EW) systems installed on various US defense platforms. The synthesizers incorporate Elcom’s proprietary fast switching, very low phase noise technology, applicable to next generation EW and Electronic Intelligence (ELINT) systems.Uri Yaniv,...
BRT APARTMENTS CORP. Reports First Quarter Results for 2020
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– Collects 98% of April and May 2020 Billed Amounts and 95% of June 2020 Billed Amounts –GREAT NECK, N.Y., June 17, 2020 (GLOBE NEWSWIRE) — BRT APARTMENTS CORP. (NYSE:BRT), a growing multi-family real estate investment trust with properties located primarily in the Southeast United States and Texas today announced operating results for the quarter ended March 31, 2020.Jeffrey A. Gould, President and Chief Executive Officer stated: “BRT is in a position of strength as we continue to successfully execute in the face of the COVID-19 pandemic. We recognize that both the pandemic and its economic impact are a fluid situation and we continue to focus on fiscal preparedness and asset and property management that has served us well during these challenging times. We remain committed to creating long term stockholder value and wish to...
ACM Research to Participate in Roth Virtual London Conference
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FREMONT, Calif., June 17, 2020 (GLOBE NEWSWIRE) — ACM Research, Inc. (NASDAQ:ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, announced today its participation in the Roth Virtual London Conference on Thursday, June 25, 2020.Management will be available for one-on-one meetings with institutional investors at the event. Portfolio managers and analysts who wish to request a meeting should contact their institutional sales representative at Roth Capital Partners.About ACM Research, Inc.ACM develops, manufactures and sells single-wafer wet cleaning equipment, which semiconductor manufacturers can use in numerous manufacturing steps to remove particles, contaminants and other random defects, and thereby improve product yield, in fabricating advanced integrated circuits.The ACM logo is a trademark...
Noodles & Company Unveils “Perfect Bowls” to Accommodate Specific Guest Dietary Needs; Provides Business Update
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BROOMFIELD, Colo., June 17, 2020 (GLOBE NEWSWIRE) — Noodles & Company (NASDAQ:NDLS), known for serving classic noodle, Zoodle and Caulifloodle dishes from around the world, announced the addition of new Perfect Bowls to its menu. Perfect Bowls are curated fan-favorite dishes that cater to popular diets and lifestyles, including paleo-friendly, keto, vegetarian and gluten-sensitive, making it easy for guests to maintain healthier summer routines while enjoying their favorite Noodles flavors. And, as always, Noodles guests have the ability to customize any other dish on the menu to match individual nutritional goals. The Company also further expanded its healthy alternatives in its new family meal offerings by adding a Zoodle and Caulifloodle option, which gives guests the ability to enjoy four healthy dishes plus a Caesar salad...
ABM Industries Announces CFO Transition
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NEW YORK, June 17, 2020 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, announced today the resignation of Executive Vice President and Chief Financial Officer, D. Anthony Scaglione. Mr. Scaglione has held this role since 2015 after serving in various senior executive positions at the Company from 2009. Dean Chin, ABM’s current Senior Vice President, Chief Accounting Officer and Corporate Controller, will be appointed interim Chief Financial Officer, effective July 1, 2020. Mr. Scaglione, who is leaving the Company to pursue another career opportunity, will remain for a period of time to ensure a smooth transition. Scott Salmirs, President and Chief Executive Officer of ABM Industries, stated, “Anthony has been instrumental in ABM’s transformation by developing our strategy, executing our goals,...
eXp World Holdings to Hold Virtual Investor Q&A on June 19
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BELLINGHAM, Wash., June 17, 2020 (GLOBE NEWSWIRE) — eXp World Holdings, Inc. (Nasdaq: EXPI), the holding company for eXp Realty and VirBELA, today announced it will hold a virtual fireside chat between CEO Glenn Sanford and CFO Jeff Whiteside, and D.A. Davidson Senior Research Analyst Tom White on Friday, June 19 at 8 a.m. PT / 11 a.m. ET.The investor Q&A is open to investors, current shareholders and anyone interested in learning more about eXp World Holdings and its companies.Date: Friday, June 19Time: 8 a.m. PT / 11 a.m. ET – 9 a.m. PT / noon ETLocation: VirBELA Open Campus in the Auditorium. Join at virbela.com.Livestream: expworldholdings.com/eventsIn advance, eXp World Holdings is releasing the following strategic update:As we approach the end of the second quarter, we are now projecting that eXp World Holdings will report...
McEwen Mining Operations and Exploration Update
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TORONTO, June 17, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to provide an update on our Gold Bar and Black Fox operations and mine exploration drilling.Black Fox Mine, Canada (100% Interest)Mining at Black Fox was suspended from March 26th to April 14th to allow time for management to evaluate and adapt to operating with the risks associated with the COVID-19 pandemic. Since April 14th the mine has been operating following corporate and provincial COVID-19 guidelines. We are pleased to relay that the local health unit indicates that no new cases of COVID-19 have been reported in the Timmins region since May 10th. The temporary suspension and subsequent staged ramp-up back into production impacted our mining plan for 2020 and we are in the process of adjusting production forecasts. Guidance for...
DCP Midstream, LP Announces Pricing of an Upsized $500 Million of 5.625% Senior Notes due 2027
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DENVER, June 17, 2020 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) (the “Partnership”) announced today that its wholly owned subsidiary, DCP Midstream Operating, LP (the “Operating Partnership”), priced an upsized offering of $500 million aggregate principal amount of its 5.625% senior notes due 2027 at a price to the public of 100% of their face value (the “Senior Notes”). The Senior Notes will be fully and unconditionally guaranteed by the Partnership. The offering is expected to close on June 24, 2020, subject to the satisfaction of customary closing conditions.The Operating Partnership intends to use the net proceeds from this offering for general partnership purposes, including the repayment of indebtedness under its revolving credit facility and the funding of capital expenditures.BofA Securities, Inc., Barclays Capital...
ABM Industries Announces Results for Second Quarter Fiscal 2020
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Performance Reflects Continued Strategic and Operational Execution During COVID-19GAAP Results Include Non-Cash Impairment Charge Related to Goodwill and IntangiblesOperational Results Driven by Work Order Demand and Proactive Cost ManagementLiquidity Further Enhanced By Recent Credit Facility AmendmentDeclaration of 217th Consecutive Quarterly DividendNEW YORK, June 17, 2020 (GLOBE NEWSWIRE) — ABM (NYSE: ABM), a leading provider of facility solutions, today announced financial results for the second quarter of fiscal 2020.Scott Salmirs, President and Chief Executive Officer of ABM Industries commented, “Very shortly following the announcement of our first quarter results, the COVID-19 pandemic spread rapidly throughout the country and the world. We immediately mobilized to respond to the critical needs of our clients while focusing...
Quisitive Announces $5,000,000 Million Bought Deal Financing
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.TORONTO, June 17, 2020 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS), a premier Microsoft solutions provider that helps customers navigate the ever-changing climate that their business relies upon, is pleased to announce that is has entered into an agreement pursuant to which Eight Capital and Scotiabank, as co-lead agents and joint bookrunners, together with a syndicate of underwriters (collectively, the “Underwriters”), will purchase on a “bought deal” basis 6,666,700 units of the Company (“the Units”) at a price of $0.75 per Unit (the “Offering Price) for aggregate gross proceeds to Quisitive of $5,000,025...