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Day: July 20, 2020

Oil States Announces Second Quarter 2020 Earnings Conference Call

HOUSTON, July 20, 2020 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE:OIS) announced today that it has scheduled its second quarter 2020 earnings conference call for Thursday, July 30, 2020 at 10:00 a.m. Central Time.  During the call, Oil States will discuss the results for the quarter ended June 30, 2020, which are expected to be released on Wednesday, July 29, 2020, after the markets close.This call is being webcast and can be accessed at Oil States’ web site at www.ir.oilstatesintl.com.  Participants may also join the conference call by dialing 1 (888) 771-4371 in the United States or by dialing +1 (847) 585-4405 internationally and using the passcode of 49833195.  A replay of the conference call will be available one and a half hours after the completion of the call by clicking on the following link: https://onlinexperiences.com/Launch/QReg/ShowUUID=83F58386-1A04-4C28-B334-473E713C4E42&LangLocaleID=1033About...

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Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project

NI 43-101 Technical Report Highlights (US$1,400/oz Gold Price)Base Case after-tax Net Present Value of US$100 million (NPV5%) and 42% Internal Rate of Return (IRR), increasing to US$216 million and 77% IRR, respectively, at current gold price of US$1,800/ozLife of Mine Earnings Before Interest, Taxes and Depreciation of US$257 million, increasing to US$400M at a US$1,800/oz gold priceTotal recovered gold over the initial phase of the Khundii Gold District development of 381,700 ouncesAll-in sustaining cost (“AISC”) of US$733/ounce of gold recovered and upfront capital costs of US$59 millionBK Measured and Indicated Resources of 521,000 ounces gold at an average grade of 3.16 g/t goldBK Proven and Probable Reserves of 409,000 ounces gold at an average grade of 3.71 g/t goldAverage annual gold production of 63,500 ounces, including 77,600...

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FNCB Bancorp, Inc. Announces 58% Increase in Second Quarter 2020 Net Income

DUNMORE, Pa., July 20, 2020 (GLOBE NEWSWIRE) — FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank”), today reported net income of $4.0 million, or $0.20 per basic and diluted share, for the three months ended June 30, 2020, an increase of $1.5 million, or 57.7% from $2.5 million, or $0.13 per basic and diluted share, for the comparable period of 2019.  Net income for the six months ended June 30, 2020 totaled $6.1 million, or $0.30 per basic and diluted share, an increase of $0.9 million, or 17.4%, compared to $5.2 million, or $0.27 per basic and diluted share, for the same six months of 2019. The increase in second quarter and year-to-date 2020 earnings reflected increases in net interest income and non-interest income, coupled with a decrease in non-interest expense. Partially...

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Chemung Financial Corporation Reports Second Quarter 2020 Net Income of $5.8 million, or $1.20 per Share

ELMIRA, N.Y., July 20, 2020 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $5.8 million, or $1.20 per share, for the second quarter of 2020, compared to $5.0 million, or $1.02 per share, for the second quarter of 2019. “Our results in the second quarter reflected increased net interest income and a continued focus on expense management,” according to Anders M. Tomson, President and CEO of Chemung Financial Corporation. “Throughout the quarter, we processed a significant number of loans through the Small Business Administration’s Paycheck Protection Program to help support businesses and their employees in our communities. We were also able to assist our retail customers by waiving certain deposit fees...

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Genco Shipping & Trading Limited Announces Second Quarter 2020 Conference Call and Webcast

NEW YORK, July 20, 2020 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company’s results for the second quarter of 2020 on Thursday, August 6, 2020 at 9:00 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2020 on Wednesday, August 5, 2020 after the close of market trading.If you are unable to participate at this time, a replay of the call will be available for two weeks at 888-203-1112 or 719-457-0820. Enter the code 6606629 to access the audio replay. The webcast will also be archived on the Company’s website: http://www.gencoshipping.com.About Genco Shipping & Trading LimitedGenco Shipping...

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Carriage Services Announces Second Quarter Earnings Release and Conference Call Schedule

HOUSTON, July 20, 2020 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2020 second quarter results on Tuesday, July 28, 2020 after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live over the Internet on Wednesday, July 29, 2020 at 9:30 a.m. central time.What: Carriage Services Second Quarter 2020 Earnings Conference CallWhen: Wednesday, July 29, 2020 – 9:30 a.m. central timeHow: Live via phone – By dialing 866-516-3867 (conference ID 6760527) or live over the Internet by logging on to the Company’s website at www.carriageservices.com.An audio archive of the call will be available either by phone until August 03, 2020, by dialing toll-free 855-859-2056 (conference ID 6760527) or on the Company’s website...

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Linda Childears elected to Alpine Bank Board of Directors

Glenwood Springs, Colorado, July 20, 2020 (GLOBE NEWSWIRE) — Linda Childears, president emeritus of the Daniels Fund, has been elected to the Board of Directors of Alpine Bank, Board Chairman Bob Young announced today.“With our recent addition of four Front Range Alpine Banks, we felt it important to find a board member that will make a valuable contribution to our organization,” said Young. “We believe Linda Childears will do just that.”Childears brings extensive banking experience, having served as CEO of the Young Americans Bank, president of Equitable Bank of Littleton and vice president of the First National Bank Corporation, as well as experience as a board member of the Colorado Bankers Association and the Graduate School of Banking at Colorado. She is the past chair and a current board member of the Denver Metro Chamber...

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Vornado Announces Certain Items to be Included in its Second Quarter Financial Results

NEW YORK, July 20, 2020 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended June 30, 2020 will include the items listed in the table below, resulting in a reduction in net income attributable to common shareholders (“net income”) of $0.99 per diluted share and an increase in FFO attributable to common shareholders plus assumed conversions (“FFO”) of $0.51 per diluted share.Further, “net income,” “net income, as adjusted,” “FFO,” and “FFO, as adjusted” for the three months ended June 30, 2020 will be reduced by $0.22 per diluted share as listed in the table below:The above amounts are preliminary estimates. There can be no assurance that Vornado’s final results will not differ from these preliminary...

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Correction: INmune Bio, Inc. Announces Closing of $25 Million Public Offering of Common Stock Including Full Exercise of Underwriters’ Over-Allotment Option

LA JOLLA, Calif., July 20, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline on Monday, July 20th by INmune Bio, Inc. (NASDAQ: INMB) was incorrectly reported with below sentence:The gross proceeds to INmune from this offering are approximately $23.1 million, before deducting underwriting discounts and commissions and other offering expenses payable by INmune. This has been corrected with below:The net proceeds to INmune from this offering are approximately $23.1 million, after deducting underwriting discounts and commissions and other offering expenses payable by INmune.The corrected release follows:INmune Bio, Inc. (NASDAQ: INMB) (the “Company” or “INmune”), a clinical-stage immunology company focused on developing treatments that harness a patient’s innate immune system to fight disease, today announced the ...

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Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for August 2020 for Series A Cumulative Redeemable Perpetual Preferred Stock

COS COB, Conn., July 20, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP, CSSEN), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for August 2020. The dividend will be payable on August 17, 2020 to holders of record as of July 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) operates streaming video-on-demand networks (VOD). The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported...

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