Month: July 2020

MEXICO CITY, July 23, 2020 (GLOBE NEWSWIRE) — TV Azteca, S.A.B. de C.V. (BMV: AZTECACPO; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world, today announced financial results for the second quarter 2020.“Although the flexibility and strength of the content offer within TV Azteca’s platforms has reached a broad presence through Mexican households during the health emergency, the demand for adverting substantially decreased,” commented Benjamín Salinas, CEO of TV Azteca. “In order to counterweight lower sales, the company designed an agile response to reduce costs and expenses, without affecting the programming offer for the audience.”   Second quarter resultsNet revenue for the period was Ps.1,857 million, in comparison with Ps.2,709 million for the same quarter of last...

MONTREAL, July 23, 2020 (GLOBE NEWSWIRE) —Alphinat Inc. (TSXV: NPA) announces a profit of $110,960 for the quarter ended May 31, 2020.During the quarter under review, Alphinat has focused its efforts on nurturing and expanding its distribution channels and on diversifying its offering.In order to accelerate future growth, Alphinat has continued to invest in solutions packaging and marketing SmartGuide along three major areas of focus:SmartGuide® Portal Edition for Dynamics 3651, now available, has optimized the way that clients can now create and deploy online services on top of Microsoft Dynamics 365. This offer is available in hosted cloud, SaaS mode as well as on premises; SmartGuide® Municipal Cloud aims at offering unparalleled productivity to municipalities. Municipalities are able to choose from a catalogue of pre-built applications,...

MONTRÉAL, 23 juill. 2020 (GLOBE NEWSWIRE) —Alphinat Inc. (TSX-VN : NPA) annonce un bénéfice de 110 960 $ pour le trimestre financier terminé le 31 mai 2020.Au cours du trimestre sous revue, Alphinat a poursuivi ses efforts pour le développement de son réseau de distribution et pour la diversification de son offre.SmartGuide® Portal Edition pour Dynamics 3651 permet d’optimiser la manière dont les clients conçoivent et déploient des services en ligne à partir de Microsoft Dynamics 365. Cette solution est disponible en mode SaaS ainsi qu’en mode de déploiement dans les environnements du client ; SmartGuide® Municipal Cloud, qui vise à offrir un environnement inégalé en matière de productivité pour les municipalités, leur permet de choisir parmi un catalogue de services aux citoyens, accélérant d’autant plus la mise en ligne de solutions...

Mexico City, July 23, 2020 (GLOBE NEWSWIRE) — Mexico City, Mexico on July 23, 2020. Grupo Aeroméxico, S.A.B. de C.V. (BMV “AEROMEX”) informs that, as part of the rights afforded within its voluntary financial restructuring process under Chapter 11 of the legislation of the United States of America, on July 3, the Company requested Court authorization to reject certain lease agreements for 19 aircraft to their respective lessors in an orderly manner (the “Motion”). These aircraft are not part of the Company’s strategic fleet requirements under current market conditions. The aircraft involved are: 5 Boeing 737-800s, 5 Boeing 737-700s and 9 Embraer E-170-LR aircraft, as well as 4 GE CF34-8E5 engines (the “Equipment”).This motion is part of the Company´s measures to ensure a more efficient and homogeneous...

SANTA MONICA, Calif., July 23, 2020 (GLOBE NEWSWIRE) — Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company comprised of several marketplace and media properties, today announced it will report its second quarter 2020 financial results after market close on July 30, 2020. Together with a standard earnings release announcing its second quarter 2020 financial results, Leaf Group will also release a Shareholder Letter, which will be posted on its investor website at ir.leafgroup.com on July 30, 2020. The Leaf Group Shareholder Letter will include a quarterly earnings review along with a more detailed discussion of business trends and key topics. Leaf Group will also host a conference call to discuss the results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on the same day.Leaf Group Ltd. Second Quarter 2020 Earnings...

TORONTO, July 23, 2020 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the “PRC”) would like to announce that the Sanya City Development and Reform Commission (“SYDRC”) has finalized the City’s natural gas utility pricing formula adjustment which will be the guideline for the Group to follow on its gas selling prices starting from August 1, 2020 (the “New Gas Selling Price”).  SYDRC is the government natural gas price regulating body in Sanya City, and this pricing formula adjustment (the “Pricing Formula”) is part of the pricing control strategy of China’s National Development and Reform Commission (“NDRC”) for the whole of China.  The NDRC had announced in 2017 the guiding principle...

VANCOUVER, British Columbia, July 23, 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX: EMN) (the “Company” or “EMN“) announced today that, further to its announcement of July 6, 2020, it has commenced the restructuring of the Company’s board of Directors (the “Board“).  Effective today, the Company has accepted the resignations from Dr. Roman Shklanka, Mr. Harvey N. McLeod, Mr. Daniel Rosicky and Mr. Jan Votava.Dr. Shklanka and Mr. McLeod will remain as part of a newly formed strategic advisory committee, reporting directly to the Board, while Mr. Votava remains a key member of the executive team as Managing Director of Mangan Chvaletice s.r.o., the Company’s Czech subsidiary (“Mangan“).  Mr. Rosicky is a senior partner in the leading Czech law firm, PRK Partners, the Company’s...

COLMAR, Pa., July 23, 2020 (GLOBE NEWSWIRE) — Dorman Products, Inc. (NASDAQ:DORM) today announced the Company has changed the date it will report its second quarter 2020 results due to a management scheduling conflict. The Company will now report its financial results for the second quarter ended June 27, 2020 after the market close on July 29, 2020. About Dorman ProductsAt Dorman we give repair professionals and vehicle owners greater freedom to fix cars and trucks by focusing on solutions first. For over 100 years, we have been one of the automotive aftermarket’s pioneering problem solvers, releasing tens of thousands of replacement products engineered to save time and money and increase convenience and reliability.Founded and headquartered in the United States, we are a global organization offering more than 80,000 parts, covering...

(Dollar amounts are in thousands unless otherwise specified)HIGHLIGHTSEarnings growth despite sales decline due to COVID-19Solid gross margin rateEPS from continuing operations up 31% for the quarter and 12% year-to-dateStrong cash flow, low net operating debtGUELPH, Ontario, July 23, 2020 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A) a leading manufacturer of dry-type and cast resin transformers and related magnetics, today announced its financial results for the Second Quarter of 2020.SECOND QUARTER RESULTSSales from continuing operations for the quarter-ended June 27, 2020 were $75,393, a decrease of $16,544 or 18.0% from Quarter 2, 2019 sales of $91,937. The sales decline was primarily impacted by the negative effect that the COVID-19 global pandemic had on many of our markets and our customers due to...

New York, New York, July 23, 2020 (GLOBE NEWSWIRE) — Greencity Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 4,000,000 units at a price of $10.00 per unit. The units will be listed on The Nasdaq Capital Market and trade under the ticker symbol “GRCYU” beginning July 24, 2020. Each unit consists of one ordinary share of the Company and one warrant, each warrant exercisable for one-half of one ordinary share of the Company at a price of $11.50 per whole share. Once the securities comprising the units begin separate trading, the ordinary shares and warrants are expected to be listed on The Nasdaq Capital Market under the symbols “GRCY” and “GRCYW,” respectively.The Company has granted the underwriters a 45-day option to purchase up to an additional 600,000 units at the initial public...