Day: September 14, 2020
MONROE TOWNSHIP, N.J., Sept. 14, 2020 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (Nasdaq: OPTT), a leader in innovative and cost-effective ocean energy solutions, today announced financial results for the first quarter of fiscal year 2021 ended July 31, 2020.Recent Operational HighlightsOPT announced two complementary new products: the hybrid PowerBuoy® with solar panels and an efficient Stirling engine to power payloads independent of wave activity; and the Subsea Battery that is compatible with PowerBuoy® products or deployable as a standalone power source.The Company unveiled a Surface Surveillance Solution integrating high-definition radar and cameras with state-of-the-art security sensors and software to enable agencies and organizations seeking to secure marine assets and territorial waters.OPT...
County Bancorp, Inc. Observes Improvements in Status of Loan Payment Deferrals
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MANITOWOC, Wis., Sept. 14, 2020 (GLOBE NEWSWIRE) — County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank (collectively “the Company”), today announced an improvement in customers under payment deferrals related to COVID-19. “In March, we evaluated the potential impact of COVID-19 on the communities we serve, and our team quickly mobilized to help our customers through this crisis,” said Tim Schneider, CEO of Investors Community Bank. “While we have a variety of capabilities to create flexible terms for our customers, one of the most effective tools was to grant payment deferrals as allowed by the regulatory agencies. Thus, to be a strong partner to our commercial customers, we offered 90-day deferrals, due to the uncertainty of the crisis at the time. Our Agricultural dairy producers were seeing...
Royal Financial, Inc. Announces Audited Fiscal Year 2020 Fourth Quarter and Year End Earnings Results
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CHICAGO, Sept. 14, 2020 (GLOBE NEWSWIRE) — Royal Financial, Inc. (the “Company”) (OTCQX: RYFL), incorporated under the laws of Delaware on December 15, 2004, for the purpose of serving as the holding company of Royal Savings Bank (the “Bank”), announces the audited earnings results and statement of condition for the fiscal year ended 2020.Net income for the fourth quarter of fiscal 2020 was $1.0 million or $0.41 per share, compared to $874,000, or $0.34 per share, for the same period in fiscal 2019. Net income for the year ended June 30, 2020, was $2.0 million, or $0.80 per share, compared to $3.7 million, or $1.46 per share in 2019.The Company also reported total assets of $434.1 million and stockholders’ equity of $42.8 million as of June 30, 2020. At June 30, 2020, the book value per common share, shares outstanding of 2,556,518,...
Extended Stay America to Participate at the 2020 J.P. Morgan Gaming, Lodging, Restaurant & Leisure Forum
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CHARLOTTE, N.C., Sept. 14, 2020 (GLOBE NEWSWIRE) — Extended Stay America, Inc. (Nasdaq: STAY) (the “Company”) today announced that the Company’s President and Chief Executive Officer Bruce Haase and Chief Financial Officer David Clarkson will virtually participate at the 2020 J.P. Morgan Gaming, Lodging, Restaurant and Leisure Forum. Management will provide commentary on recent business trends and participate in a question and answer session.Management’s remarks will be webcast live at 11:20 AM Eastern Time on Tuesday, September 15, 2020. Investors and other interested persons may listen to the live webcast through the Investor Relations section of Extended Stay’s website at www.aboutSTAY.com. A replay of the webcast will be posted on the Company’s investor relations website; the replay can be accessed for 30 days.Forward Looking...
QCR Holdings, Inc. Completes Private Placement of Subordinated Notes
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MOLINE, Ill., Sept. 14, 2020 (GLOBE NEWSWIRE) — QCR Holdings, Inc. (NASDAQ: QCRH) today announced that it has completed a private placement of $50.0 million in aggregate principal amount of 5.125% Fixed-to-Floating Rate Subordinated Notes due 2030 (the “Notes”). The Company intends to use the net proceeds from this private placement for general corporate purposes, which may include providing capital to support the organic growth of its subsidiary banks or funding opportunistic acquisitions and other strategic opportunities that may arise in the future, repaying indebtedness, financing investments and capital expenditures, repurchasing shares of common stock or for investments in regulatory capital.The Notes will bear interest at a fixed rate of 5.125% per year from, and including, September 14, 2020 to, but excluding, September 15,...
Sportsman’s Warehouse Arrives in Chambersburg, PA
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WEST JORDAN, Utah, Sept. 14, 2020 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (Nasdaq: SPWH), www.sportsmans.com, announced today that it plans to open a new store in Chambersburg, Pennsylvania this month with a grand opening celebration to be held September 24-26 from 9:00 a.m. until 9:00 p.m.With locations in Altoona, Camp Hill and Washington, this will be the fourth Sportsman’s Warehouse store in Pennsylvania. The new store is located at 3285 Black Gap Road, Chambersburg, Pennsylvania 17202. Shoppers will find over 60,000 region-specific items at everyday low prices including quality, brand-name hunting, fishing, camping, shooting, apparel and footwear merchandise.“We invite everyone to enjoy a weekend of giveaways, special discounts, kid-friendly outdoor activities, and more,” states Josiah Tracey, Sportsman’s Warehouse...
OneSpan Announces Retirement of Board Member and Founder Ken Hunt
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CHICAGO, Sept. 14, 2020 (GLOBE NEWSWIRE) — OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that T. Kendall “Ken” Hunt, has retired from the board of directors effective September 12, 2020. Ken founded OneSpan (formerly known as VASCO) and had served as a director on OneSpan’s board since 1997. Ken also had previously been Chairman and CEO where he helped lead the company through numerous years of growth.“Ken’s many contributions have been instrumental in laying the foundation for OneSpan’s success,” said OneSpan CEO, Scott Clements. “On behalf of the company, we thank Ken for his longstanding commitment and wish him well in his future endeavors.”OneSpan’s board of directors continually assesses opportunities to build its capabilities to guide the company’s strategic and operational...
Verizon Response: Hurricane Sally
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For media: we have b-roll, pictures and additional information on our emergency response equipment available at Verizon’s Media Resources hub – https://www.verizon.com/about/news/media-resourcesWhat you need to know:Verizon’s Network teams are prepped and ready for Hurricane Sally’s landfallVerizon consumer (prepaid and postpaid) and small business customers in Alabama, Louisiana and Mississippi in the path of Hurricane Sally will receive unlimited calling, texting and data 9/15 through 9/21Verizon retail stores may be closed or have reduced hours due to the stormOur Verizon Response team is available 24/7 to coordinate with first respondersNEW ORLEANS, Sept. 14, 2020 (GLOBE NEWSWIRE) — Having restored network performance back to pre-storm levels in the wake of Hurricane Laura, the Verizon Network team is prepared and...
Cronos Group Inc. to Present at the CIBC 19th Annual Eastern Institutional Investor Conference
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TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Executive Chairman, will speak at the CIBC 19th Annual Eastern Institutional Investor Conference on Thursday, September 17, 2020 at 2:40 p.m. EDT.The webcast will be available on the Investors section of the Company’s website at ir.thecronosgroup.com/events-presentations.About Cronos Group Inc.Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is...
Gladstone Commercial Corporation Executes Second Lease at Minneapolis Office Property
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MCLEAN, Va., Sept. 14, 2020 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (Nasdaq: GOOD) (“Gladstone Commercial”) announced today that it has signed a lease with Pipeline Foods LLC (“Pipeline”) at 6499 University Avenue, Gladstone’s office property in Fridley, Minnesota, a suburb of Minneapolis. Construction of building improvements will begin immediately with occupancy expected in early November 2020. Pipeline creates sustainable supply chain solutions to connect farmers and end users of organic grains and ingredients. Pipeline signed a five-year lease for 8,032 square feet in the 72,428 square foot office building.“We are happy to welcome Pipeline to our Fridley building” said Matt Tucker, Senior Managing Director and Northeast/Midwest Regional Head for Gladstone Commercial. “Adding a tenant with an active commodity trading...