GrafTech Reports First Quarter 2020 Results
BROOKLYN HEIGHTS, Ohio–(BUSINESS WIRE)–GrafTech International Ltd. (NYSE: EAF) (GrafTech or the Company) today announced financial results for the quarter ended March 31, 2020, including net income of $122 million, or $0.45 per share, and Adjusted EBITDA1 of $179 million. First Quarter Results and Key Financial Measures For the Three Months Ended March 31, (dollars […]
GrafTech Announces Second Quarter 2020 Cash Dividend
BROOKLYN HEIGHTS, Ohio–(BUSINESS WIRE)–The Board of Directors of GrafTech International Ltd. (NYSE:EAF) declared a quarterly cash dividend of $0.01 per share to stockholders of record as of the close of business on May 29, 2020, to be paid on June 30, 2020. About GrafTech GrafTech International Ltd. is a leading manufacturer of high quality graphite […]
Myers Industries Reports 2020 First Quarter Results
Gross margin improves despite lower sales; Company updates 2020 annual revenue outlook and withdraws annual EPS guidance AKRON, Ohio–(BUSINESS WIRE)–Myers Industries, Inc. (NYSE: MYE), a manufacturer of polymer products and distributor for the tire, wheel and under-vehicle service industry, today announced results for the first quarter ended March 31, 2020. First Quarter 2020 Financial Highlights […]
State Auto Financial Reports First Quarter 2020 Results
Quarterly loss of $2.62 per share Quarterly net loss from operations1 of $0.18 per share Quarterly GAAP combined ratio of 107.2 Return on equity of (8.7)% Book value per share of $19.83 COLUMBUS, Ohio–(BUSINESS WIRE)–$STFC #STFC–State Auto Financial Corporation (NASDAQ:STFC) today reported a first quarter 2020 net loss of $114.6 million, or $2.62 per diluted […]
Cedar Fair Reports Results for Its 2020 First Quarter
Secures incremental liquidity through successful $1.0 billion notes offering and $100 million expansion of its revolving credit facility Amends credit agreement for added financial flexibility SANDUSKY, Ohio–(BUSINESS WIRE)–Cedar Fair Entertainment Company (NYSE: FUN), a leader in regional amusement parks, water parks and immersive entertainment, today announced results for its first quarter ended March 29, 2020. […]
Vertiv Reports First Quarter 2020 Financial Results
Customer demand remains strong with orders up 13% and backlog at record high $1.6B COVID-19 impact and overall first quarter results in-line with our internal expectations Quickly implemented $60 million of mitigating cost actions to benefit rest of year 2020 Strong liquidity at end of March expected to continue even under deeper downside scenarios COLUMBUS, […]
ATSG Reports Strong First Quarter 2020 Results
Solid Growth in Revenues, Earnings, Adjusted Earnings and Adjusted EBITDA vs 1Q 2019 WILMINGTON, Ohio–(BUSINESS WIRE)–Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, contracted air transportation and related services, today reported consolidated financial results for the quarter ended March 31, 2020. ATSG’s first quarter 2020 results, as compared […]
Shiloh Industries, Inc. Board of Directors Names Cloyd J. Abruzzo Interim Chief Executive Officer
VALLEY CITY, Ohio–(BUSINESS WIRE)–Shiloh Industries, Inc. (NASDAQ: SHLO) (the “Company”) an environmentally focused global supplier of lightweighting, noise and vibration solutions, announced today that the Board of Directors (the “Board”) has appointed Cloyd J. Abruzzo, as the Company’s Interim Chief Executive Officer effective immediately. Mr. Abruzzo, the retired Chief Executive Officer of Stoneridge, Inc. (NYSE: […]
Chemed Corporation to Present at the BofA Securities 2020 Virtual Health Care Conference
CINCINNATI–(BUSINESS WIRE)–Chemed Corporation (NYSE:CHE) today announced that it will present at the BofA Securities 2020 Virtual Health Care Conference on Tuesday, May 12, 2020, at 3:00 PM (ET). The presentation will be webcast live and can be accessed, along with the presentation materials, through the Chemed website at www.chemed.com (Investor Relations). The webcast replay will […]
American Chemistry Council Recognizes TQL as Responsible Care Partner of the Year
Annual award showcases companies demonstrating exceptional care for employees, facilities, and the environment CINCINNATI–(BUSINESS WIRE)–Total Quality Logistics (TQL), the second largest freight brokerage firm in the country, has been named a 2020 Responsible Care Partner of the Year by the American Chemistry Council (ACC). TQL also received this award in 2018. The Responsible Care Partner […]
TravelCenters of America Inc. Announces First Quarter 2020 Financial Results
Fuel Sales Volume Increased 3.6% for the 2020 First Quarter Fuel Gross Margin Increased 9.6% for the 2020 First Quarter WESTLAKE, Ohio–(BUSINESS WIRE)–TravelCenters of America Inc. (Nasdaq: TA) today announced financial results for the three months ended March 31, 2020. Jonathan M. Pertchik, TA’s CEO, made the following statement regarding the 2020 first quarter results: […]
Cincinnati Bell Reports First Quarter 2020 Results
HIGHLIGHTS Cincinnati Bell entered into a merger agreement with Macquarie Infrastructure Partners (“MIP”) to be acquired for $2.9 billion – transaction price represents a 101% premium to the closing price on December 20, 20191 Revenue totaled $380 million, consistent with the prior year Operating loss of $20 million, includes the $25 million break-up fee paid […]
Athersys Announces Commencement of Patient Enrollment in the MACOVIA Study, a Pivotal Phase 2/3 Trial Evaluating MultiStem® Cell Therapy for COVID-19 Induced ARDS
Rapid advancement of clinical program for the treatment of ARDS based on prior clinical data reflecting favorable tolerability data and meaningful benefits on mortality, ventilator-free days and ICU-days CLEVELAND–(BUSINESS WIRE)–$ATHX #ARDS–Athersys, Inc. (NASDAQ: ATHX) announced today that the first patients have been enrolled in Athersys’ pivotal Phase 2/3 study entitled, MultiStem® Administration for COVID-19 Induced […]
Cleveland-Cliffs Applauds U.S. Department of Commerce’s Self-Initiation of a Section 232 Investigation on Transformer Laminations and Cores, Electrical Transformers and Transformer Regulators
CLEVELAND–(BUSINESS WIRE)–Cleveland-Cliffs Inc. (NYSE: CLF) today praised the U.S. Department of Commerce’s self-initiation of an urgent Section 232 investigation covering laminations for stacked transformer cores, stacked and wound transformer cores, electrical transformers, and transformer regulators. The outcome of this investigation will be critical to addressing circumvention of existing national security tariffs covering Grain Oriented Electrical […]
Express, Inc. Provides Store Opening Details and Additional Business Updates
COLUMBUS, Ohio–(BUSINESS WIRE)–Fashion apparel retailer Express, Inc. (NYSE: EXPR) today provided details on store reopening plans as well as additional business updates in response to the COVID-19 pandemic. Store Reopening Plans In accordance with the latest federal and state guidelines, and with adherence to new health and safety protocols, the Company currently expects to reopen […]
Michaels is Calling All #differencemakers
This May, Michaels is Celebrating and Recognizing Those Using Creativity to Give Back IRVING, Texas–(BUSINESS WIRE)–The Michaels Companies, Inc., (NASDAQ: MIK) the largest arts and crafts retail chain in North America, is launching a month-long initiative to recognize consumers who are crafting, constructing and creating for the greater good during COVID-19. After seeing posts and […]
Washington Prime Group Receives NYSE Continued Listing Standard Notice
COLUMBUS, Ohio–(BUSINESS WIRE)–Washington Prime Group Inc. (NYSE: WPG) today announced that on April 28, 2020, it received notice from the New York Stock Exchange (NYSE) that the Company does not presently meet certain NYSE continued listing standards which require the Company to maintain a minimum average closing price of $1.00 per share over a period […]
Hexion Wins ACC Responsible Care® Awards in Two Categories, 13 Facilities Recognized
COLUMBUS, Ohio–(BUSINESS WIRE)–Two programs and 13 facilities at Hexion Inc. (“Hexion” or the “Company”) were recently named Responsible Care® award winners and honored for excellence in waste minimization and energy efficiency by the American Chemistry Council (ACC). “Hexion’s longstanding commitment to sustainability and safety continues to drive results,” said Stephanie Couhig, Senior Vice President, Environmental, […]
Clarametyx Biosciences Launches With an Ambitious Strategy to Address Life-threatening Bacterial Infections
Renowned Columbus-based leaders and scientific innovators to develop novel technology platform discovered at Nationwide Children’s Hospital COLUMBUS, Ohio–(BUSINESS WIRE)–Today marks the launch of Clarametyx Biosciences Inc., (“Clarametyx”) a preclinical stage biotechnology company developing targeted, immune-enabling biologic therapies to counter persistent infections associated with biofilms. The company’s lead candidate, CMTX-001, is a humanized monoclonal antibody in […]
Ranpak to Hold Conference Call to Discuss First Quarter 2020 Results
CONCORD TOWNSHIP, Ohio–(BUSINESS WIRE)–Ranpak Holdings Corp. (NYSE: PACK) announced today that it will release its first quarter 2020 results at approximately 7:30 a.m. (ET) on Monday, May 11, 2020 and will host a conference call and webcast at 8:30 a.m. (ET) on that day. The conference call and earnings presentation will be webcast live at […]