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Day: April 15, 2021

Xcel Brands Announces $100mm Refinancing and Acquisition Facility

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) today announced it has entered into a refinancing of its existing credit facility. The refinancing provides an initial $25 million term loan under a facility jointly provided by BHI and First Eagle Alternative Credit, LLC, and up to an additional $25 million for acquisitions, subject to lender approval; and separately, through First Eagle Alternative Credit, LLC an additional $50 million acquisition facility subject to lender approval. “I am delighted to further our relationship with BHI and welcome First Eagle into our capital structure. The facilities provide us with an immediate $10 million of liquidity and up to $75 million for future acquisitions. We are seeing attractive opportunities that can drive our digital and livestreaming DTC businesses. Timing...

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Xcel Brands Reschedules Fourth Quarter 2020 Financial Results

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced that it has not yet completed its audit for the year ended December 31, 2020 and is postponing the release of its 2020 fourth quarter, full year financial results and Form 10-K filing. The Company anticipates filing its Form 10-K on April 22, 2021 and expects to issue a press release with details of the fourth quarter conference call during the week of April 19. In connection with completing its audit, Xcel Brands has determined that it will record an impairment charge of approximately $13 million to the carrying value of the Judith Ripka brand trademarks. This is due to delays and uncertainty in implementing the Company’s brick-and-mortar retail store strategy associated...

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California Water Service Group Releases 2020 ESG Report

SAN JOSE, Calif., April 15, 2021 (GLOBE NEWSWIRE) — As part of its focus on environmental, social, and governance (ESG) performance, California Water Service Group (Group) (NYSE: CWT) today unveiled its 2020 ESG Report outlining its commitment and progress across its four subsidiaries in California, Hawaii, New Mexico, and Washington. The report is located online at www.calwatergroup.com/docs/esg/esg-report-2020.pdf. Titled “A New Day for ESG,” the 2020 report expands upon the previous three years’ Corporate Citizenship Reports by reporting disclosures aligned with the Sustainability Accounting Standards Board (SASB) Water Utilities and Services Industry Standard and referencing Global Reporting Initiative (GRI) Standards. The report also focuses on the ESG topics most material to Group and its stakeholders, determined through an...

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Exterran Corporation Announces First Quarter 2021 Earnings Release and Conference Call Schedule

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) — Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) today announced that it will release its first quarter 2021 results on Tuesday, May 4th, 2021 before the market opens. The Company has scheduled a conference call for Tuesday, May 4th, 2021 at 8 a.m. Central Time to discuss the results. The call will be broadcast live over the Internet. Investors may participate either by phone or audio webcast.By Phone:  Dial 877-524-8416 at least 10 minutes before the call.  A replay will be available through Tuesday, May 11th, 2021 by dialing 877-660-6853 and using the passcode 13718860.   By Webcast: Connect to the webcast via the Investor Relations section of Exterran’s website at www.exterran.com. Please log in at least 10 minutes in advance to register and download any necessary...

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AssetMark to Announce First Quarter 2021 Results on May 4, 2021

CONCORD, Calif., April 15, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that it will release financial results for its quarter ended March 31, 2021 after the U.S. market close on Tuesday, May 4, 2021. AssetMark will host a conference call and webcast that day at 5:00 pm ET to discuss its results. AssetMark invites shareholders and other interested parties to listen to its financial results conference call live, either over the Internet or via dial in. Listeners can access the webcast at the AssetMark Investor Relations website at ir.assetmark.com. Alternatively, listeners can pre-register for the conference call here: http://www.directeventreg.com/registration/event/6587667. Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID. In the...

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Carriage Services Announces 2021 First Quarter Earnings Release and Conference Call Schedule

HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced plans to release 2021 first quarter results on Wednesday, April 21, 2021 after the market closes. In conjunction with the release, Carriage Services has scheduled a conference call, which will be broadcast live over the Internet on Thursday, April 22, 2021 at 9:30 a.m. central time. What: Carriage Services First Quarter 2021 Earnings Conference CallWhen: Thursday, April 22, 2021 – 9:30 a.m. central timeHow: Live via phone – By dialing 866-516-3867 (conference ID 8534109) or live over the Internet by logging on to the Company’s website at www.carriageservices.com. An audio archive of the call will be available either by phone until April 27, 2021, by dialing toll-free 855-859-2056 (conference ID 8534109) or on the Company’s...

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Smart Sand, Inc. Announces Timing of First Quarter 2021 Earnings Release and Investor Conference Call

THE WOODLANDS, Texas, April 15, 2021 (GLOBE NEWSWIRE) — Smart Sand, Inc. (NASDAQ: SND) (the “Company”) announced today that it will release its first quarter financial results after the market closes on Tuesday, May 4, 2021. The Company will hold a conference call for investors on Wednesday, May 5, 2021 at 10:00 a.m. Eastern Time to discuss recent events and the results. Chuck Young, the Company’s chief executive officer, Lee Beckelman, the Company’s chief financial officer and John Young, the Company’s chief operating officer, will host the call. Investors are invited to listen to a live webcast of the conference call by visiting the “Investors” section of the Company’s website at www.smartsand.com. The webcast will be archived for one year following the date of the call. The call can also be accessed live over the telephone by...

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Alico, Inc. Announces Completion of Sale of Land to State of Florida

FORT MYERS, Fla., April 15, 2021 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announces the State of Florida purchased, under the Florida Forever program, approximately 5,734 acres of Alico Ranch for $14.4 million, pursuant to an option agreement entered into between the State of Florida and Alico earlier this fiscal year. John Kiernan, Alico’s President and Chief Executive Officer, commented, “We are pleased that the State of Florida has continued to purchase parcels within the Alico Ranch. This is now the third sales transaction we have completed with the State of Florida within the last three years, aggregating over 22,000 acres. Alico intends to use these sales proceeds to opportunistically prepay a portion of its fixed-rate term debt.   We remain encouraged by the continued level of prospective...

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AMD to Report Fiscal First Quarter 2021 Financial Results

SANTA CLARA, Calif., April 15, 2021 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) announced today that it will report first quarter 2021 financial results on Tuesday, April 27, 2021 after the close of market. Management will conduct a conference call to discuss these results at 5:00 p.m. EST / 2:00 p.m. PST. Interested parties are invited to listen to the webcast of the conference call via AMD’s Investor Relations website ir.amd.com. We expect an archive of the webcast to be available for one year after the conference call. About AMDFor more than 50 years AMD has driven innovation in high-performance computing, graphics and visualization technologies ― the building blocks for gaming, immersive platforms and the data center. Hundreds of millions of consumers, leading Fortune 500 businesses and cutting-edge scientific research facilities around...

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Norwegian Cruise Line Holdings Ltd. Requests Response from CDC on Company’s Plan to Restart Cruising from U.S. Ports as Outlined on April 5th

Submits Reminder Letter to CDC on Proposal to Lift Conditional Sailing Order and Resume Cruising from U.S. Ports Starting July 4th Company Strongly Believes 100% Vaccination of Guests and Crew Combined with Phased-in Launch and Multi-Layered SailSAFETMHealth and Safety Program Provide Uniquely Safe and Healthy Environment Robust, Science-Backed Protocols Extend Well Beyond Those Implemented by Other Reopened Travel, Leisure and Hospitality Sectors MIAMI, April 15, 2021 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Company”) (NYSE: NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today sent a reminder letter to the U.S. Centers for Disease Control and Prevention (“CDC”) requesting a response to the Company’s previously...

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