Month: June 2020

OAK RIDGE, N.C., June 04, 2020 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (OTCPK: BKOR) (the “Company”), the holding company for Bank of Oak Ridge, today announced that it has completed a private placement of $10 million in aggregate principal amount of subordinated notes to certain qualified institutional and other accredited investors. The Company intends to use the net proceeds of the notes offering general corporate purposes, including possible repayment of the currently outstanding subordinated debt callable in 2021.The notes will initially bear interest at a rate of 6.25% per annum from and including June 4, 2020, to but excluding June 4, 2025, with interest during this period payable semi-annually in arrears. From and including June 4, 2025 to but excluding the maturity date or earlier redemption date, the interest...

GUADALAJARA, Mexico, June 04, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced preliminary terminal passenger traffic figures for the month of May 2020, compared to traffic figures for May 2019.For May 2020, as a result of the effects of the COVID-19 pandemic, total terminal passengers at GAP’s 14 airports decreased by 90.7%, compared to the same period of the previous year, in line with expectations. Domestic passenger traffic decreased by 88.3%, while international passenger traffic decreased by 94.4%.In terms of the operation of our airports in Mexico, the Mexican government continues its policy of not issuing any travel restrictions. However, quarantine levels remained high during the month of May, which resulted in a large volume of domestic and...

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...

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...

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,...

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...

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...

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...