Day: August 4, 2020

SALISBURY, Md., Aug. 04, 2020 (GLOBE NEWSWIRE) — Delmar Bancorp (NASDAQ: DBCP) (the “Company”), the parent company of The Bank of Delmarva (“Delmarva”), Seaford, Delaware, and Virginia Partners Bank (“Partners”), Fredericksburg, Virginia, today announced that its Board of Directors has approved changing the Company’s name to Partners Bancorp.  The Company’s stock trading symbol will change to “PTRS” effective August 19, 2020. The Company’s common stock will continue to be listed on NASDAQ and shareholders of the Company do not need to take any action at present in regards to the name change.  The CUSIP number for the Company’s common stock will change to 70213Q108 effective August 19, 2020. In announcing the Company’s name change, Lloyd B. Harrison, III, the Chief Executive Officer of the Company said, “As previously disclosed, effective...

CAMBRIDGE, Mass., Aug. 04, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE:GCP), a leading global provider of construction products technologies, today announced that Craig A. Merrill has been appointed as the Company’s permanent Chief Financial Officer, effective immediately. Mr. Merrill has served as GCP’s Interim CFO since October 2019.Randy Dearth, GCP’s President and Chief Executive Officer, said, “We are pleased to name Craig as our permanent CFO. I am confident that Craig is the right person to help us continue driving the positive changes we have achieved in GCP over the past year, and I look forward to continuing to work together to improve performance across our businesses and enhance value for our shareholders.”Mr. Merrill said, “I’m honored to be taking on the CFO role on a permanent basis. I look forward...

LINCOLN, Neb., Aug. 04, 2020 (GLOBE NEWSWIRE) — National Research Corporation (NASDAQ:NRC) today announced results for the second quarter of 2020.Revenue for the quarter ended June 30, 2020, was $31.2 million, compared to $31.4 million for the quarter ended June 30, 2019. Operating income was $9.3 million for the second quarter 2020 compared to $10.1 million for the same quarter 2019. In response to special circumstances among clients hard hit by COVID-19, we elected to provide uncompensated services which reduced revenue without a corresponding offset in expenses, thus impacting operating income. All such impacted clients have resumed compensated services as planned to date and many extended contract terms in recognition of the support provided by NRC Health resulting, we believe, in a stronger partnership. We salute all essential...

VANCOUVER, British Columbia, Aug. 04, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems” or the “Company”) (TSX:WPRT / Nasdaq:WPRT) today announced a new contract between MTM (the fully owned Italian subsidiary of Westport Fuel Systems) and NAFTAL (Algerian State Owned Agency for Distribution and Sale of Oil and Gas) to supply 30,000 liquified petroleum gas (“LPG”) systems into the growing Algerian market.The systems will be delivered in 2020 and 2021 and extends a long and successful partnership between MTM and NAFTAL that has already deployed more than 90,000 LPG systems in the last four years.  The growing market demand for LPG conversions in Algeria is supported by government efforts to reduce the import of petrol and diesel and promote LPG as a clean, abundant, and widely available national resource.According...

TORONTO, Aug. 04, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) reminds shareholders of its scheduled Annual and Special Meeting (the “Meeting”) to be held at the Company’s office at 36 Lombard Street, 6th Floor, Toronto, Ontario, M5C 2X3 on August 10, 2020 at 11:00 a.m. Eastern Time.Due to the ongoing public health impacts related to the COVID-19 pandemic and in consideration of the health and safety of shareholders, employees and the broader community, the Company strongly recommends that shareholders cast their votes by proxy in advance of the Meeting and do not attend the Meeting in person.The Company is providing shareholders with an opportunity to listen to the Meeting as well as a general corporate update by logging in to the webcast link provided below. This is not a virtual meeting....

ONEONTA, Ala., Aug. 04, 2020 (GLOBE NEWSWIRE) — Otelco Inc. (NASDAQ: OTEL) (“Otelco” or the “Company”), a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia, today announced operational and financial results for its second quarter ended June 30, 2020. Key operational and financial highlights for Otelco include:Total revenues of $15.5 million for second quarter 2020.Operating income of $2.8 million for second quarter 2020.Net income of $1.4 million for second quarter 2020.Consolidated EBITDA (as defined below) of $5.0 million for second quarter 2020.Scheduled principal payments of $1.1 million in second quarter 2020 reduced debt to $68.0 million at the end of second quarter 2020.SECOND QUARTER 2020 RESULTSThe Company continued to execute on its strategy...

EAST GREENVILLE, Pa., Aug. 04, 2020 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE:KNL), a constellation of design-drive brands for the workplace and home, today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.06 per share payable September 30, 2020 to shareholders of record on September 15, 2020. “With our strengthened balance sheet and stabilizing performance, thanks to our increasing mix of work from home and residential offerings, we are pleased to increase our third quarter dividend by 50%, from $0.04 to $0.06 per share,” commented Knoll Chairman and CEO, Andrew Cogan.The declaration and payment of dividends is subject to the discretion of the Board of Directors and depends on various factors, including our net income, restrictions in our credit facility, financial position, cash requirements...

FORT LAUDERDALE, Fla., Aug. 04, 2020 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA, “Playa”), a leading owner and operator of all-inclusive resorts across Mexico and throughout the Caribbean, announced today a revolutionary program for consumers with the newfound flexibility of working and learning remotely during the COVID-19 pandemic.The innovative Work & Learn From Paradise program is an extended, upgraded stay with reduced rates at select Playa all-inclusive resorts from August 1 through December 22, 2020 (including all-ages Hyatt Ziva Cancun, Hyatt Ziva Cap Cana, Hyatt Ziva Rose Hall as well as adults-only Hyatt Zilara Cancun, Hyatt Zilara Cap Cana, Hyatt Zilara Rose Hall and Sanctuary Cap Cana). In addition to Playa’s renowned all-inclusive offerings, guests who stay 14+ nights as part of the Work...

Excellent results in Performance Chemicals despite market volatility with operating income up 11 percentFuel Specialties and Oilfield Services impacted by significant decline in demandOctane Additives concludes as expected; Restructuring charge takenImpairment charge in Oilfield Services Drilling businessExcellent cash generation enhances strong liquidity position; Improvement in net cash to $18.6 millionENGLEWOOD, Colo., Aug. 04, 2020 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30, 2020. Total net sales for the quarter were $244.9 million, down 32 percent from the $362.4 million reported in the corresponding quarter last year.  There was a net loss of $39.7 million, or $1.62 per share, and an EBITDA loss of $19.5 million compared to a net income of $22.3...

Parsippany, New Jersey, USA, Aug. 04, 2020 (GLOBE NEWSWIRE) — Wireless Telecom Group (NYSE American: WTT), a leader providing specialized software, instruments, solutions, and components enabling the development, test and deployment of wireless communications and connectivity, announced the appointment of Alfred Rodriguez as Chief Revenue Officer (CRO). Mr. Rodriguez brings more than 20 years of experience leading sales and business development teams selling deep, design-in solutions and signal processing products. He joins the company from Xilinx.“We are delighted Alfred is joining the executive leadership team” said Tim Whelan, Wireless Telecom Group’s CEO, “Alfred is a proven executive with deep experience in digital signal processing and design-in solution sales, with a track record of building successful sales organizations...