Month: July 2020

ISSAQUAH, Wash., July 08, 2020 (GLOBE NEWSWIRE) — Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today reported net sales of $16.18 billion for the retail month of June, the five weeks ended July 5, 2020, an increase of 11.1 percent from $14.57 billion last year.For the forty-four weeks ended July 5, 2020, the Company reported net sales of $136.37 billion, an increase of 8.1 percent from $126.13 billion during the similar period last year.Comparable sales were as follows:Comparable sales excluding the impacts from change in gasoline prices and foreign exchange were as follows:Additional discussion of these results is available in a pre-recorded telephone message. It can be accessed by dialing 1-855-859-2056 (conference ID 6274297). This message will be available through 5:00 p.m. (PT) on Wednesday, July 15,...

SANTA CLARA, Calif., July 08, 2020 (GLOBE NEWSWIRE) — Shockwave Medical, Inc. (NASDAQ: SWAV), a pioneer in the development of Intravascular Lithotripsy (IVL) to treat complex calcified cardiovascular disease, announced today that the company received the initial rulings related to two of the inter partes review (IPR) cases that were initiated by Cardiovascular Systems, Inc. (CSI).In December 2018, CSI filed petitions for IPR with the Patent Trial and Appeal Board (PTAB) of the U.S. Patent Office (USPTO) to challenge the validity of three of Shockwave’s issued patents. CSI asked the PTAB to reconsider the original decision of the USPTO to issue those patents and asked that all claims of each patent be invalidated.The PTAB ruled today that a key claim in U.S. Patent No 8,956,371 (the ‘371 patent) is valid.  This claim is generally...

Newport Beach, Calif., July 08, 2020 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) today announced the results of the Company’s 2020 Special Meeting of Stockholders (the “Meeting”), which was held at 9:00 a.m. PT on July 8, 2020 and at which time the four proposals voted upon, as set forth in the Company’s Definitive Proxy Statement, were approved by stockholders.“Today’s vote represents a substantial opportunity for the Company to return the growth and put behind it the last few years of debt that was very costly and needed to be dealt with. We appreciate the shareholders who supported our efforts. With our global defense business improving and the vote behind us we look forward to improving results and achieving greater stability,” said Milton C. Ault, III, Chief...

RALEIGH, N.C., July 08, 2020 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) today announced that it will provide an online Web simulcast of its second-quarter 2020 earnings conference call on Tuesday, July 28, 2020. The Company will release results for the quarter ended June 30, 2020, that morning before the market opens. A live audio webcast of Martin Marietta’s call will begin at 11:00 a.m. Eastern Time on July 28, 2020. An on-demand replay will be available approximately two hours following the conclusion of the live broadcast and will continue for one year. A link to both the live and replay events is available on the Company’s website.For those investors without online web access, the conference call may also be accessed by calling 970‑315‑0423, confirmation number 9846546....

ATLANTA, July 08, 2020 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) today reported sales for the quarter ended June 30, 2020.Havertys stores closed on March 19 and deliveries were halted on March 21. Most stores reopened on May 1 and total written sales for the two months ended June 30, 2020 were up 13.9% and written comparable store sales were up 17.5% compared to the same period in 2019. Deliveries resumed on May 5 with reduced personnel and capacity and total sales from May 5 through June 30 were down 13.4% compared with the same period of 2019.Total sales for the second quarter 2020 were $110.0 million compared with $191.9 million for the second quarter of 2019. Sales for the first six months of 2020 totaled $289.4 million, compared with $379.1 million in 2019.  Comparable store sales information for the quarter and six...

Atlanta, GA, July 08, 2020 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its second quarter 2020 financial results on Wednesday, July 29, 2020, after the close of trading on the New York Stock Exchange.  A conference call is scheduled for Thursday, July 30, 2020, at 11:00 a.m. Eastern daylight time and will be broadcast live in listen-only mode on the company’s investor relations website at http://investor.piedmontreit.com/news-and-events/events-calendar.  During the conference call, the Company’s management team will review second quarter performance, discuss recent events and conduct a question-and-answer period.To Listen to the Webcast:Click on the webcast link under the Investor Relations section of the Company’s website at http://investor.piedmontreit.com/news-and-events/events-calendar.For...

HARTSVILLE, S.C., July 08, 2020 (GLOBE NEWSWIRE) — Sonoco FRESH (Food Research Excellence for Safety and Health), a Sonoco and Clemson University initiative to develop new technologies and new forms of packaging to optimize the fresh food lifecycle, is pleased to host a series of events focused on innovations in packaging.With the theme of “Safe. Secure. Sustainable.,” the February 2021 Summit, hosted on the campus of Clemson University, will offer a unique opportunity to stimulate high impact discussions on how the issues associated with each part of the food value chain can be used as opportunities to drive business and benefit society. Attendees, industry and academic experts will participate in presentations, panels and roundtables to foster knowledge growth and solutions. Registration for the Summit will open in late summer...

NEW YORK, July 08, 2020 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2021 fiscal first quarter.Summary Financial InformationThe Company’s summarized financial information is as follows:“Coming off one of the most challenging quarters in our experience, we believe Saratoga is in a strong position to weather the increased economic challenges presented by COVID-19,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. “We believe our performance for the fiscal first quarter 2021 reflected the market’s economic difficulties, particularly widening spreads, and importantly the underlying strength of our financial position and ability to withstand the early stages of...

Change in Location of the Special Meeting to be held on July 22, 2020 Meeting Date: July 22, 2020Meeting Time: 9:30 a.m. (Pacific Time)Meeting Access:  http://www.meetingcenter.io/285700571VANCOUVER, Washington, July 08, 2020 (GLOBE NEWSWIRE) — Due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our employees, stockholders, and our community please note that the CytoDyn Inc. Special Meeting of Stockholders will be held on July 22, 2020 in virtual format only. In person attendance at the Special Meeting by stockholders will not be permitted.To access the virtual meeting please click the Virtual Stockholder Meeting link. To login to the virtual meeting, you have two options:  Join as a “Guest” or Join as a “Stockholder.”  If you join as a “Stockholder,” you will...

MACAU, July 08, 2020 (GLOBE NEWSWIRE) — Studio City Finance Limited (“Studio City Finance”) today announces that it has priced its international offering of dual-tranche senior notes due 2025 and 2028 (together, the “Notes” and such offering, the “Notes Offering”). Studio City Finance is a wholly-owned subsidiary of Studio City International Holdings Limited (“SCIHL”).The offering consists of US$500 million aggregate principal amount of 6.00% senior notes due 2025 and US$500 million aggregate principal amount of 6.50% senior notes due 2028. The Notes were priced at 100%.  The net proceeds from the Notes Offering will be used to redeem in full by Studio City Company Limited (“Studio City Company”), a wholly-owned subsidiary of Studio City Finance, of the outstanding 7.250% senior secured notes due 2021 issued by Studio City Company...