News

Apr 01, 2020 16:30 ET
Angel Oak Financial Strategies Income Term Trust Declares April 2020 Distribution
Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.1013 per share for the month of April 2020. The record date for the distribution is April 16, 2020, and the payable date is April 30, 2020. The Fund will trade ex-distribution on April 15, 2020.
Apr 01, 2020 16:30 ET
BancorpSouth Announces First Quarter Earnings Webcast Schedule
TUPELO, Miss., April 1, 2020 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) will release first quarter 2020 earnings on April 20, 2020, after the close of the financial markets. It will also hold its regularly scheduled webcast Tuesday, April 21, 2020, beginning at 10:00 a.m. CDT.
Apr 01, 2020 16:30 ET
BJ’s Wholesale Club Holdings, Inc. Appoints Paul Cichocki as Executive Vice President, Membership, Analytics and Business Transformation
BJ’s Wholesale Club, Inc. (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States, today appointed Paul Cichocki as Executive Vice President, Membership, Analytics and Business Transformation, effective April 1, 2020. Mr. Cichocki will be responsible for the company’s membership, marketing and analytics organizations, and will report directly to BJ’s President and CEO Lee Delaney.
Apr 01, 2020 16:30 ET
Cabot Corporation Completes Acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN)
Cabot Corporation announced that it has completed its previously announced acquisition of Shenzhen Sanshun Nano New Materials Co., Ltd (SUSN) for approximately $115 million. The business will be integrated into Cabot’s Performance Chemicals Segment.
Apr 01, 2020 16:30 ET
Dicerna Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Dicerna Pharmaceuticals, Inc. (Nasdaq: DRNA) (the “Company” or “Dicerna”), a leading developer of investigational ribonucleic acid interference (RNAi) therapeutics, today announced that the Compensation Committee of the Company's Board of Directors approved inducement grants of stock options to purchase a total of 136,300 shares of common
Apr 01, 2020 16:30 ET
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON, April 1, 2020 /PRNewswire/ -- The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below.
Apr 01, 2020 16:30 ET
EQT Corporation Announces Change To A Virtual Meeting Format For 2020 Annual Meeting Of Shareholders
PITTSBURGH, April 1, 2020 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today announced a change in the location of its 2020 Annual Meeting of Shareholders (Annual Meeting) due to the public health threat of the COVID-19 (Coronavirus) pandemic. To safeguard the health and well-being of meeting participants, the meeting will be held in a virtual-only format, via webcast.
Apr 01, 2020 16:30 ET
Leidos to Provide Critical IT Network Support for Air Force National Capital Region
RESTON, Va., April 1, 2020 /PRNewswire/ -- Leidos (NYSE:LDOS), a FORTUNE® 500 science and technology leader, announced today it has resumed work on a new contract by the U.S. Air Force. Leidos will provide information technology (IT) services to support Air Force users within the National Capital Region (NCR). The indefinite delivery/indefinite quantity contract has a five-year period of performance and a total value of approximately $450 million. Work will be performed at military installations in and around the Washington, D.C. metro area.
Apr 01, 2020 16:30 ET
McCormick Declares $0.62 Quarterly Dividend
HUNT VALLEY, Md., Apr. 1, 2020 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) today declared a quarterly dividend of $0.62 per share on its common stocks, payable April 27, 2020 to shareholders of record April 13, 2020.  McCormick's current annualized dividend rate of $2.48 per share represents an increase of 9% over the annual dividend of $2.28 per share paid in fiscal year 2019.
Apr 01, 2020 16:30 ET
MFS Announces Closed-End Fund Distributions
MFS Investment Management® (MFS®) announced today monthly distributions of the following closed-end funds, all with declaration dates of April 1, 2020, ex-dividend dates of April 14, 2020, record dates of April 15, 2020, and payable dates of April 30, 2020:
Apr 01, 2020 16:30 ET
Northern Trust Announces Location Change for 2020 Annual Meeting of Stockholders
Northern Trust Corporation (Nasdaq: NTRS) announced today a change in location of its 2020 Annual Meeting of Stockholders, scheduled to take place on Tuesday, April 21, 2020, at 10:30 a.m. Central Time. In light of recent public health concerns regarding COVID-19 (Coronavirus), the Annual Meeting will be held solely by remote communication, in a virtual-only format.
Apr 01, 2020 16:30 ET
Regions Bank Closes on Ascentium Capital acquisition
Regions Bank today announced it has completed the acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses.
Apr 01, 2020 16:30 ET
The Hanover Insurance Group, Inc. Appoints Dennis F. Kerrigan General Counsel
WORCESTER, Mass., April 1, 2020 /PRNewswire/ --  The Hanover Insurance Group, Inc. (NYSE: THG) today announced Dennis F. Kerrigan has been appointed executive vice president and general counsel, effective immediately, following the retirement of longtime general counsel, J. Kendall Huber. In this role, Kerrigan is responsible for The Hanover's legal, regulatory and government affairs, as well as compliance, state filings, securities, and corporate governance matters.
Apr 01, 2020 16:27 ET
Weingarten Realty Investors Revises First Quarter 2020 Conference Call Time and Updates Investment Status
Weingarten Realty Investors (NYSE:WRI) announced today that it has revised the date and start time of its previously announced first quarter 2020 conference call to Friday, May 8, 2020 at 12:00 p.m. Central Time. The earnings release will be distributed after the market closes on Thursday, May 7, 2020.
Apr 01, 2020 16:26 ET
Owl Rock Capital Corporation's Board Approves Reduction of Asset Coverage Requirement; Provides Flexibility to Extend Additional Capital to Middle Market Businesses
NEW YORK, April 1, 2020 /PRNewswire/ -- Owl Rock Capital Corporation (NYSE: ORCC, or the "Company") today announced that, on March 31, 2020, its Board of Directors unanimously approved a reduction of the Company's minimum asset coverage ratio from 200% to 150%, effective as of March 31, 2021, unless approved earlier by the Company's shareholders. Once the 150% asset coverage ratio becomes effective, the Company plans to target a debt to equity range of 0.90x to 1.25x and operate with an increased cushion to the regulatory threshold. The Company believes this will enable it to potentially gen
Apr 01, 2020 16:26 ET
Standex International Terminates Proposed Torotel, Inc. Acquisition
SALEM, N.H., April 1, 2020 /PRNewswire/ -- Standex International Corporation ("Standex") (NYSE: SXI) today announced that it has exercised its right to terminate the proposed acquisition of Torotel, Inc. (OTC:TTLO) announced on December 2, 2019. 
Apr 01, 2020 16:25 ET
Shutterstock To Report First Quarter 2020 Earnings Results on April 28, 2020
NEW YORK, April 1, 2020 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global technology company offering a creative platform for high-quality content, tools and services, will report its first quarter 2020 business and financial results on Tuesday, April 28, 2020 before the market opens.
Apr 01, 2020 16:21 ET
Optibase Ltd. Announces Fourth Quarter Results
HERZLIYA, Israel, April 1, 2020 /PRNewswire/ -- Optibase Ltd. (NASDAQ: OBAS) today announced financial results for the fourth quarter ended December 31, 2019.
Apr 01, 2020 16:20 ET
Board of Directors of Northwest Pipe Company Elect William Yearsley to the Board
Northwest Pipe Company (Nasdaq: NWPX), an industry leader of engineered pipeline systems for water infrastructure, recently added William Yearsley to the Board of Directors. On March 26, 2020, the Company’s Board of Directors elected Mr....
Apr 01, 2020 16:20 ET
O-I Announces First Quarter 2020 Earnings Conference Call and Webcast
FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its first quarter 2020 conference call and webcast for Wednesday, Apr. 29, 2020, at 8 a.m. EDT. The Company’s news release for the first quarter 2020 earnings will be issued after...
Apr 01, 2020 16:20 ET
Alleghany Capital Corporation Increases Ownership In Wilbert Funeral Services
NEW YORK, April 1, 2020 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has acquired a majority interest in Wilbert Funeral Services, Inc. ("Wilbert"), a leading provider of products and services for the funeral and cemetery industries and precast concrete markets. Alleghany Capital has owned a 45% equity interest in Wilbert since 2017. Headquartered in Overland Park, Kansas, Wilbert operates through company-owned locations and a network of nearly 200 licensees that manufacture and distribute Wil
Apr 01, 2020 16:20 ET
Horace Mann showcases commitment to stakeholders as company reflects on 75 years of serving educators
Horace Mann Educators Corporation (NYSE:HMN) today released Horace Mann Cares, its most recent Corporate Social Responsibility (CSR) report and announced immediate support for the community in which the company is headquartered, as well as for educators addressing challenges of COVID-19.
Apr 01, 2020 16:20 ET
Huntington Bancshares Incorporated To Announce 2020 First Quarter Earnings And Hold Earnings Conference Call April 23, 2020
COLUMBUS, Ohio, April 1, 2020 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) expects to report its 2020 first quarter earnings on Thursday, April 23, 2020, prior to the market opening.  A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website.
Apr 01, 2020 16:20 ET
nDivision Inc. Reports Full Year Financial Results for 2019
DALLAS / ACCESSWIRE / April 1, 2020 / nDivision Inc. (OTCQB:NDVN), the experts in increasing IT's value by replacing human labor with "digital labor," today announced its financial and business results for the year ended December 31, 2019.
Apr 01, 2020 16:18 ET
Genuine Parts Company Announces Change To Virtual Shareholder Meeting
ATLANTA, April 1, 2020 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that due to the emerging public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our employees, shareholders, and all our stakeholders, the Board has made the determination to change the 2020 Annual Meeting of Shareholders of Genuine Parts Company (the "Company") to a virtual only format. As previously announced, the Annual Meeting will be held on Monday, April 27, 2020 at 10:00 a.m., Eastern Time, but shareholders will not be able to physically attend the
Apr 01, 2020 16:17 ET
Invitae Announces Proposed Public Offering of Common Stock
SAN FRANCISCO, April 1, 2020 /PRNewswire/ -- Invitae Corporation (NYSE: NVTA) today announced that it has commenced an underwritten public offering of $125.0 million of shares of its common stock, before deducting underwriting discounts and commissions and other offering expenses. All of the shares are being offered by Invitae. In addition, Invitae expects to grant the underwriters a 30-day option to purchase up to an additional $18.75 million of shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other c
Apr 01, 2020 16:16 ET
COPT Launches Webpage on Sustainability
Since 2003, Corporate Office Properties Trust (“COPT” or the “Company”) (NYSE: OFC) has been committed to providing leadership in environmental, social, and governance (“ESG”) matters and, in the past five consecutive years, has earned a Green Star rating for its GRESB submittals. To more efficiently communicate sustainability achievements, the Company has launched a new webpage dedicated to ESG on its Investors website as follows:
Apr 01, 2020 16:15 ET
Amid COVID-19 Developments, The Lovesac Company Extends Store Closures and Enhances Financial Flexibility
The Lovesac Company (Nasdaq: LOVE) today provided an update on its response to COVID-19. Shawn Nelson, Chief Executive Officer, said, “The health and safety of our associates, customers and communities remain of utmost importance during the...
Apr 01, 2020 16:15 ET
CooperCompanies Announces $2.14 Billion Senior Credit Facility and Amendment of $500 Million 364-Day Credit Facility
CooperCompanies (NYSE:COO) today announced the closing of a new five-year $2.14 billion senior unsecured credit facility, comprised of a $1.29 billion revolving line of credit and $850 million non-amortizing term loan. Proceeds from the refinancing...
Apr 01, 2020 16:15 ET
CoreCivic Withdraws Full Year 2020 Financial Guidance
CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today the withdrawal of its previously announced full year 2020 financial guidance, initially provided in the Company's fourth quarter and full year 2019 earnings release on February 12, 2020,...
Apr 01, 2020 16:15 ET
Guggenheim Investments Announces April 2020 Closed-End Fund Distributions
Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following...
Apr 01, 2020 16:15 ET
INUVO ANNOUNCES ADDITIONAL SALES TO CLOSE OUT REGISTERED DIRECT OFFERING
Inuvo, Inc. (NYSE American: INUV) today announced it has agreed to sell an additional 914,285 shares of its common stock at a price of $0.175 per share for anticipated gross proceeds of approximately $245,050 which will close out its previously...
Apr 01, 2020 16:15 ET
Omega Flex, Inc. Announces Regular Quarterly Dividend for the Quarter Ending March 31, 2020
Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.28 per share payable on April 17, 2020 to shareholders of record on April 13, 2020. Kevin R. Hoben, the...
Apr 01, 2020 16:15 ET
Axos Financial, Inc. to Announce Third Quarter Fiscal 2020 Results on April 29, 2020
Axos Financial, Inc. (NYSE: AX) (“Axos” or the "Company”), parent of Axos Bank, announced today that it will host a conference call on Wednesday, April 29, 2020 at 5:00 PM ET (2:00 PM PT) to discuss financial results for the third quarter of fiscal 2020 ended March 31, 2020.
Apr 01, 2020 16:15 ET
Coffee Holding Co., Inc. Changes its Annual Meeting of Stockholders to a Virtual Format
STATEN ISLAND, NY / ACCESSWIRE / April 1, 2020 / Coffee Holding Co., Inc. (NASDAQ:JVA) (the "Company") today announced that the location of its 2020 Annual Meeting of Stockholders will be changed from an in person meeting to a virtual format. The 2020 Annual Meeting of Stockholders (the "Annual Meeting"), which was previously announced in the Company's Notice of 2020 Annual Meeting and Proxy Statement and filed with the Securities and Exchange Commission ("SEC") on February 28, 2020, and originally mailed to stockholders on or about February 28, 2020, w
Apr 01, 2020 16:15 ET
Eagle Point Income Company Inc. Announces Second Quarter 2020 Common Stock Distributions
Eagle Point Income Company Inc. (the “Company”) (NYSE:EIC) today is pleased to announce the declaration of distributions on shares of the Company’s common stock.
Apr 01, 2020 16:15 ET
Garrett Motion Appoints Jerome Stoll to Board of Directors
Garrett Motion Inc. (NYSE: GTX), a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly, today announced the appointment of Jerome Stoll to its Board of Directors, effective immediately. With the appointment of Mr. Stoll, who will serve on the Company’s Nominating and Governance Committee, Garrett will have a total of eight Directors, of which seven are independent.
Apr 01, 2020 16:15 ET
HarborOne Bancorp, Inc. Announces 2020 Annual Meeting of Shareholders Date
HarborOne Bancorp, Inc. (the “Company”) (NASDAQ: HONE), announced that the Company’s 2020 annual meeting of shareholders (the “Annual Meeting”) is expected to be held on September 25, 2020. At the Annual Meeting, it is anticipated that shareholders will consider the election of directors whose terms expire in 2020, the ratification of the appointment of the Company’s independent registered public accounting firm, and the approval of an equity incentive plan.
Apr 01, 2020 16:15 ET
Horace Mann Appoints SVP and Chief Corporate Actuary Mark Desrochers As Head of Property and Casualty
Horace Mann Educators Corporation (NYSE:HMN) today announced that Senior Vice President and Chief Corporate Actuary Mark Desrochers has been appointed head of the company’s Property and Casualty business on an acting basis. William Caldwell has resigned from his role as Executive Vice President, P&C and L&R, effective April 10, 2020 to pursue other interests.
Apr 01, 2020 16:15 ET
Huntington Bancshares Announces Virtual Annual Meeting
COLUMBUS, Ohio, April 1, 2020 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN; www.huntington.com) announced that its 2020 Annual Meeting of Shareholders will be a virtual meeting of shareholders, which will be conducted solely online via live webcast.
Apr 01, 2020 16:15 ET
M&T Bank Corporation To Hold Virtual Annual Meeting of Shareholders
BUFFALO, N.Y., April 1, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today announced that due to the rapidly evolving COVID-19 pandemic, and to support the health and safety of its shareholders, employees and community, M&T's 2020 Annual Meeting of Shareholders (the "Annual Meeting") will be a virtual meeting held over the Internet instead of an in-person meeting as previously planned. 
Apr 01, 2020 16:15 ET
Marathon Petroleum Corporation earns 2020 ENERGY STAR® Partner of the Year - Sustained Excellence Award
FINDLAY, Ohio, April 1, 2020 /PRNewswire/ -- Marathon Petroleum Corporation (NYSE: MPC) has earned the U.S. Environmental Protection Agency's (EPA's) 2020 ENERGY STAR Partner of the Year – Sustained Excellence Award, the highest honor among ENERGY STAR awards. MPC is the only fuels manufacturing company to earn the award, which recognizes the company for sustained, top-tier energy efficiency and excellent environmental compliance.
Apr 01, 2020 16:15 ET
Monmouth Real Estate Declares Common and Preferred Dividends
HOLMDEL, N.J., April 1, 2020 /PRNewswire/ -- On April 1, 2020, the Board of Directors of Monmouth Real Estate Investment Corporation (NYSE: MNR) declared its quarterly cash dividend on the Company's Common Stock of $0.17 per share payable June 15, 2020, to shareholders of record at the close of business on May 15, 2020.  The Company's annual dividend rate on its Common Stock is $0.68 per share. 
Apr 01, 2020 16:15 ET
PNM Announces Continued Progress in Energy Portfolio Transition
ALBUQUERQUE, N.M., April 1, 2020 /PRNewswire/ -- Today the New Mexico Public Regulation Commission (NMPRC) unanimously approved an order for the abandonment and securitization of the San Juan Generating Station (San Juan) under the Energy Transition Act (ETA). PNM, the wholly owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), filed on July 1, 2019 a consolidated application requesting the abandonment of San Juan in June 2022 upon the expiration of the participation and coal supply agreements, securitization of the unrecovered investment in the plant and approvals for replaceme
Apr 01, 2020 16:15 ET
PVH Corp. Reports 2019 Fourth Quarter and Full Year Results
PVH Corp. [NYSE: PVH] reported its 2019 fourth quarter and full year results.
Apr 01, 2020 16:15 ET
Roadrunner Announces Sale of Stagecoach Cartage and Distribution
Roadrunner Transportation Systems, Inc. (“Roadrunner” or the “company”) (NYSE: RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced the sale of a Dry Van business unit, Stagecoach Cartage and Distribution, LLC (“Stagecoach”) to J.H. Rose Logistics, LLC of Santa Teresa, New Mexico. Terms of the transaction were not disclosed.
Apr 01, 2020 16:15 ET
State Street Corporation Announces Date for Release of First-Quarter 2020 Financial Results and Conference Call Webcast
State Street Corporation (NYSE: STT) plans to announce its first-quarter 2020 financial results on Friday, April 17, 2020 at approximately 7:30 a.m. EDT. The results will be reviewed via webcast and teleconference at 10:00 a.m. EDT.
Apr 01, 2020 16:15 ET
Synalloy Corporation Adopts Limited Duration Shareholder Rights Plan
Synalloy Corporation (“Synalloy” or the “Company”) announced today that its Board of Directors unanimously authorized the adoption of a limited duration shareholder rights plan. The rights will be issued to shareholders of record on April 10, 2020 and will expire on March 31, 2021, or later if the Board of Directors approves an extension prior to expiration and the extension is submitted to the shareholders for ratification at the Company’s next annual meeting.
Apr 01, 2020 16:15 ET
Zymeworks Announces First Patient Dosed in Phase 1b/2 Trial of ZW25 in First-Line HER2-Positive Breast Cancer and Gastroesophageal Adenocarcinoma Conducted by BeiGene
Zymeworks Inc. (NYSE: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, today announced that its partner, BeiGene, Ltd., has dosed the first patient in a two-arm Phase 1b/2 trial evaluating Zymeworks’ HER2-targeted bispecific antibody ZW25 in combination with chemotherapy as a first-line treatment for patients with metastatic HER2-positive breast cancer and in combination with chemotherapy and BeiGene’s PD-1-targeted antibody tislelizumab as a first-line treatment for patients with metastatic HER2-positive gastroesophageal adenocarcinoma (GEA). Zymew