Month: December 2020

Star Group, L.P. to Host Fiscal 2020 Fourth Quarter Webcast and Conference Call December 8, 2020

Written by Customer Service on December 1, 2020. Posted in Public Companies.

STAMFORD, Conn., Dec. 01, 2020 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE: SGU), a leading home energy distributor and services provider, today announced that it will release its fiscal 2020 fourth quarter and full year results after the close of trading on December 7, 2020. Members of Star’s management team will host a webcast and conference call at 11:00 a.m. Eastern Time the following day, December 8, 2020, to review the three and twelve months ended September 30, 2020.The webcast will be accessible on the company’s website, at www.stargrouplp.com, and the telephone number for the conference call is 877-327-7688 (or 412-317-5112 for international callers). About Star Group, L.P.Star Group, L.P. is a full service energy provider specializing in the sale of home heating oil and propane to residential...

Vornado Announces Leadership Changes and $35 Million Annual Overhead Reduction Program

Written by Customer Service on December 1, 2020. Posted in Public Companies.

NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) — Vornado Realty Trust (NYSE:VNO) announced today a series of senior management changes. The Company also announced a $35 million annual overhead reduction program.Leadership ChangesMichael Franco, the Company’s President, has been appointed to the additional position of Chief Financial Officer, succeeding Joseph Macnow. Mr. Franco has been with Vornado since 2010 and is experienced in capital markets, strategy, deal-making, accounting, and investor relations. Thomas Sanelli is being promoted to Executive Vice President – Finance & Chief Administrative Officer. Mr. Sanelli has been with Vornado since 2003. Among his responsibilities, he will lead the Investor Relations function.Matthew Iocco will continue in his existing position of Executive Vice President – Chief Accounting Officer....

Navios Maritime Acquisition Corporation Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2020

Written by Customer Service on December 1, 2020. Posted in Public Companies.

Revenue• 33.6% increase in Q3 2020 revenue to $78.8 million• 48.4% increase in 9M 2020 revenue to $288.9 millionNet Cash from Operating Activities• $35.3 million in Q3 2020• $86.0 million in 9M 2020Adjusted EBITDA• 55.2% increase in Q3 2020 Adjusted EBITDA to $37.1 million• 90.1% increase in 9M 2020 Adjusted EBITDA to $166.0 millionDelivery of one newbuilding VLCC on bareboat leaseReduced debt by $81.3 million; 7%Quarterly dividend: $0.05 per shareMONACO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial results today for the third quarter and nine months ended September 30, 2020.Angeliki Frangou, Chairman and Chief Executive Officer of Navios Acquisition stated, “I am pleased with our results for the...

Concentrix Completes Spin-Off from SYNNEX, Debuts on the NASDAQ as Independent, Publicly Traded Company

Written by Customer Service on December 1, 2020. Posted in Public Companies.

FREMONT, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) — Concentrix Corporation (NASDAQ: CNXC), a leading global provider of customer experience (CX) solutions and technology, announced today that it has completed its separation from SYNNEX Corporation (NYSE: SNX) and is now an independent, publicly traded company listed on the NASDAQ stock market under the ticker symbol “CNXC”.“As a leading global provider of CX solutions and technology, we are truly excited to celebrate our listing day and start this next exciting chapter,” said Chris Caldwell, President and CEO of Concentrix. “Operating as an independent company will allow us to accelerate innovations and make additional investments that drive higher value for our clients, their customers, and our shareholders.”Moving forward, Concentrix is well-positioned to deliver innovative CX solutions...

Outlook Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement

Written by Customer Service on December 1, 2020. Posted in Public Companies.

MONMOUTH JUNCTION, N.J., Dec. 01, 2020 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK), a late clinical-stage biopharmaceutical company working to develop the first FDA-approved ophthalmic formulation of bevacizumab for use in retinal indications, announced today that it has received notification from Nasdaq that it has regained compliance with the minimum bid price for continued listing on the Nasdaq Capital Market, as the closing bid price of Outlook Therapeutics’ common stock has been at $1.00 or greater for 10 consecutive trading days. Accordingly, this matter is now closed.About Outlook Therapeutics, Inc. Outlook Therapeutics is a late clinical-stage biopharmaceutical company working to develop ONS-5010/LYTENAVA™ (bevacizumab-vikg) as the first FDA-approved ophthalmic formulation of bevacizumab-vikg for use in...

Jushi Holdings Inc. Announces Listing of 10% Senior Secured Notes Due January 15, 2023 on the Canadian Securities Exchange

Written by Customer Service on December 1, 2020. Posted in Public Companies.

BOCA RATON, Fla., Dec. 01, 2020 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced today that the Company has listed for trading on the Canadian Securities Exchange $76,352,000 of 10% senior secured notes due January 15, 2023 (the “Public Notes”). The Public Notes are listed under the symbol “JUSH.db”.The Public Notes were issued to certain holders of the Company’s existing 10% senior secured notes due January 15, 2023 (the “Private Notes”, and together with the Public Notes, the “Notes”) who elected to exchange their Private Notes for Public Notes in the same principal amount (the “Exchange”). Holders of Private Notes representing an aggregate principal amount of $76,352,000 elected to participate in the Exchange, which...

Alamance Community College Selects Mediasite for Online Learning

Written by Customer Service on December 1, 2020. Posted in Public Companies.

MADISON, Wis., Dec. 01, 2020 (GLOBE NEWSWIRE) — Alamance Community College in North Carolina has selected Mediasite to deliver live and on-demand online learning to students despite distance. All faculty and students are using the desktop video capture software to record interactive lectures and assignments, and collaborative Zoom calls are automatically uploaded into Mediasite where they can be managed in one secure place beside all other campus videos. The integration with Zoom lets faculty record and schedule meetings and turn them into valuable tools on-demand for students in Mediasite, complete with accessibility features, robust search, interactivity options, back-end analytics and more. Plus, via Mediasite’s integration with the college’s learning management system, Moodle, instructors can automatically have the lesson videos...

ParcelPal Technology, Inc. Reports Record Third Quarter 2020 Financial Results Highlighted by Quarterly year over year Revenue Growth of 13%

Written by Customer Service on December 1, 2020. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) is pleased to announce its financial results for the period ended September 30, 2020 (“Q3 2020”), highlighted by continued revenue growth compared to the same period 2019.OverviewIn Q3 2020, the Company continued its operating growth, which was driven by revenue growth of approximately 13% to approximately $1,466,528 (up from $1,299,275 in Q3 2019), which is a record revenue high for Q3 since inception of the Company. Our revenue growth has been driven by our business expansion, in which we continue to sign and retain higher margin customer agreements, ramping up our staffing levels to meet the increase in business, increasing our focus on client diversification, and expanding into...

Icanic Brands Announces Financial Results for Fiscal 2020: California Cannabis Operations Drive 7200% Increase in Revenue From Last Year; Achieves Positive Adjusted EBITDA of $564,293

Written by Customer Service on December 1, 2020. Posted in Earnings Releases And Operating Results.

Revenue of CAD$7.9 million – an increase of 7200% from CAD$108,346 for the same time last year;Moved from manually pre-rolling to fully automated process which resulted in improved margins mainly reflected in calendar 2020 resulting in blended margins of 23% for the fiscal year end. Pre-roll brands saw robust demand throughout the pandemic. Icanic’s premium pre-roll brands have been sold to over 380 licensed retailers in California.Well positioned to leverage newly legalized States via licensing opportunities.The Company currently has its manufacturing headquarters in Oakland, California; cultivation facility in Sacramento, California; and a manufacturing kitchen and cultivation in North Las Vegas, Nevada.Icanic Brands is fully funded for the expansion of a new California manufacturing headquarters located in Concord, California which...

ISW Holdings Announces Share Cancellation, Debt Reduction, Anti-Dilution Template Ahead of Proceso Crypto Mining Launch

Written by Customer Service on December 1, 2020. Posted in Public Companies.

LAS VEGAS, NV, Dec. 01, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is pleased to announce that the Company is negotiating with noteholders toward the establishment of a new agreement that will form the foundation for its emerging anti-dilution policy designed to protect the value of its common stock and return more of that value to its shareholders.The current negotiation contemplates an agreement whereby noteholders will exchange their notes for preferred restricted shares, reducing debt on the balance sheet and protecting shareholders against dilution. While this arrangement is not yet currently in place, the Company is making active strides toward establishing it in principle as a template for future funding rounds...

Month: December 2020

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