Day: July 30, 2020
Highlights:
Franchise Group, Inc. Announces Full Exercise of Underwriters’ Option in Public Offering of Common Stock
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ORLANDO, Fla., July 30, 2020 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) announced today the underwriters of its previously announced underwritten public offering have exercised in full their option to purchase an additional 630,000 shares of common stock at the public offering price of $23.25 per share, resulting in approximately $13.8 million of additional net proceeds, after underwriting discounts and offering expenses. The exercise of the option is expected to close on August 3, 2020, subject to customary closing conditions.After giving effect to the full exercise of the option, the total number of shares of common stock sold by the Company in the offering increased to 4,830,000 shares and the estimated net proceeds after underwriting discounts and offering expenses are approximately...
Lyft Partners with SIXT to Expand Friction-Free Car Rentals Nationwide
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Lyft continues to lead in providing “All-In-One-App” personal transportation solutions with the expansion of Lyft Rentals through partnership with SIXT, bringing a high-quality rental experience to consumers across the US.SAN FRANCISCO, July 30, 2020 (GLOBE NEWSWIRE) — Following the success of Lyft Rentals in California, we are excited to bring our best-in-class car rental experience to more travelers across the US through a new partnership with SIXT rent a car. With more than 280,000 premium vehicles worldwide, SIXT stands for a consistent customer focus and culture of strong technological innovation. Starting this August, Lyft riders in Seattle, Las Vegas, and Miami will be able to rent a SIXT car through the Rentals tab in the Lyft app. Following this three-city launch, we plan to expand to all cities within the SIXT...
Host Hotels & Resorts, Inc. Reports Results for Second Quarter 2020
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BETHESDA, Md., July 30, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the second quarter of 2020.James F. Risoleo, President and Chief Executive Officer, said, “I am incredibly proud of Host’s swift and decisive response to the challenging operating environment we faced in the second quarter. We significantly reduced our monthly hotel-level loss from April to June by working with our operators to reopen 19 hotels in a socially and financially responsible manner while continuing to carefully control expenses. Our total portfolio grew average occupancy by 380 basis points and improved average room rates by over 50% from April through June. As importantly, we worked with our supportive lending partners...
Highwoods Announces Increase to Tender Cap for Outstanding 3.20% Notes due 2021 to $150,000,000
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RALEIGH, N.C., July 30, 2020 (GLOBE NEWSWIRE) — Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations (the “Operating Partnership”), has increased the principal amount of its outstanding 3.20% Notes due 2021 (CUSIP 431282 AN2) (the “Notes”) that it can purchase under its previously announced tender offer (the “Offer”) from $100,000,000 to $150,000,000 (as amended by this press release, the “Tender Cap”), subject to the conditions set forth in the offer to purchase, dated July 30, 2020 (as amended or supplemented from time to time, the “Offer to Purchase”). Except as stated herein, all other terms and conditions of the Offer, as described in the Offer to Purchase, remain the same.Information Related...
Norwegian Cruise Line Holdings to Hold Conference Call on Second Quarter 2020 Financial Results
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MIAMI, July 30, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) (together with NCL Corporation Ltd., “Norwegian Cruise Line Holdings” or the “Company”) announced today it will report second quarter 2020 financial results on Thursday, August 6, 2020 at 7:00 a.m. Eastern Time with a conference call to discuss results at 10:00 a.m. Eastern Time. The conference call will be simultaneously webcast via the Company’s Investor Relations website, www.nclhltdinvestor.com. A replay of the webcast will be available at the same site for 30 days following the call.About Norwegian Cruise Line Holdings Ltd.Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with...
Territorial Bancorp Inc. Announces Second Quarter 2020 Results
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Net income for the three months ended June 30, 2020 was $4.29 million compared to $5.06 million for the three months ended June 30, 2019. The decrease in net income occurred primarily because the Company recorded a $1.40 million loan loss provision in the three months ended June 30, 2020. The increase in loan loss provision occurred primarily from an increase in the qualitative factors used to calculate the allowance for loan losses. The qualitative factors increased because Hawaii’s unemployment rate has risen due to the government mandates to minimize the spread of COVID-19.Fully-diluted earnings per share for the three months ended June 30, 2020 was $0.47 per share compared to $0.54 per share for the three months ended June 30, 2019.Net interest margin was 2.94% for the three months ended June 30, 2020 compared to 2.87% for the three...
Flexion Therapeutics to Report Second-Quarter 2020 Financial Results on August 5, 2020
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BURLINGTON, Mass., July 30, 2020 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced that it will report its second-quarter 2020 financial results and recent business highlights after the close of the U.S. financial markets on Wednesday, August 5, 2020.About Flexion Therapeutics Flexion Therapeutics (Nasdaq:FLXN) is a biopharmaceutical company focused on the development and commercialization of novel, local therapies for the treatment of patients with musculoskeletal conditions, beginning with osteoarthritis, the most common form of arthritis. The Company’s core values are focus, ingenuity, tenacity, transparency and fun. Visit flexiontherapeutics.com.Contact:Scott YoungVice President, Corporate Communications & Investor RelationsT: 781-305-7194syoung@flexiontherapeutics.com
The All-New 2021 Axis Wake A24
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LOUDON, Tenn., July 30, 2020 (GLOBE NEWSWIRE) — Axis Wake Research® is proud to announce the launch of the all-new 2021 AXIS A24. The largest boat in the Axis line, the A24 features patented Axis Wake technology that effortlessly creates pro-quality wakes and waves that are clean and customizable, and it comes nicely equipped starting at under $100,000 USD*. “For 2021 we took all the A24’s greatest assets—its size, its maneuverability, its straightforward technology, its bold styling, its value and its versatile wake and wave—and we improved it even further,” said CEO Jack Springer. “We pushed the designers and engineers harder than ever to take this boat to the next level and the result is a 24-foot boat that is so far ahead of the competition it’s mind blowing, and we still didn’t sacrifice on the tremendous value the Axis name...
HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2020
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Shreveport, Louisiana , July 30, 2020 (GLOBE NEWSWIRE) — HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2020Shreveport, Louisiana – July 30, 2020 – Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2020 of $1.0 million, compared to $1.2 million for the three months ended June 30, 2019. The Company’s basic and diluted earnings per share were $0.63 and $0.61, respectively, for the three months ended June 30, 2020 compared to basic and diluted earnings per share of $0.66 and $0.62, respectively, for the three months ended June 30, 2019. The Company reported net income of $3.9 million for the year ended June 30, 2020 compared to $4.7 million for the...