Provision

EQS-News: PJSC Mechel : Mechel Announces the 1Q 2020 Financial Results Release Date

Friday, May 22, 2020 - 11:01am

Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.

Key Points: 
  • Mechel unites producers of coal, iron ore concentrate, steel, rolled products, ferroalloys, heat and electric power.
  • Some of the information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of Mechel, as defined in the safe harbor provisions of the U.S.
  • We wish to caution you that these statements are only predictions and that actual events or results may differ materially.
  • We refer you to the documents Mechel files from time to time with the U.S. Securities and Exchange Commission, including our Form 20-F.

Viking Energy Group Announces Record Q1 Results

Wednesday, May 20, 2020 - 1:30pm

Viking is an independent exploration and production company focused on acquiring, enhancing and developing oil and natural gas properties in North America.

Key Points: 
  • Viking is an independent exploration and production company focused on acquiring, enhancing and developing oil and natural gas properties in North America.
  • The company has assets in Texas, Louisiana, Mississippi and Kansas.
  • Adjusted EBITDA is not a measure of financial performance under US GAAP and should be considered in addition to, not as a substitute for, net income (loss).
  • We intend that all forward-looking statements be subject to the safe-harbor provisions of the PSLRA.

KBRA Releases Research – Coronavirus (COVID-19): CECL and Q1 2020 Provisions

Tuesday, May 19, 2020 - 4:35pm

Kroll Bond Rating Agency (KBRA) releases a survey of Q1 2020 provisions for credit loss by domestic commercial banks, comparing institutions that adopted the new Current Expected Credit Loss (CECL) accounting rule versus peers who continue to report under the old accounting incurred loss method (ILM).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases a survey of Q1 2020 provisions for credit loss by domestic commercial banks, comparing institutions that adopted the new Current Expected Credit Loss (CECL) accounting rule versus peers who continue to report under the old accounting incurred loss method (ILM).
  • Banks that adopted CECL saw their average Q1 2020 provision expense increase more than 64% QoQ than for banks that follow ILM accounting.
  • This report looks at reasons behind these differences as well as possible reasons to account for the wide variance.
  • KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

VOC Energy Trust Announces Trust Quarterly Distribution

Friday, April 17, 2020 - 9:15pm

In light of the current uncertain economic environment, the provision for estimated Trust expenses referenced above includes amounts that would be sufficient to pay estimated Trust expenses over approximately the next twelve months.

Key Points: 
  • In light of the current uncertain economic environment, the provision for estimated Trust expenses referenced above includes amounts that would be sufficient to pay estimated Trust expenses over approximately the next twelve months.
  • Although VOC Brazos has advised the Trust that VOC Brazos believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct.
  • Any differences in actual cash receipts by the Trust could affect this distributable amount.
  • The Trust does not intend, and assumes no obligation, to update any of the statements included in this press release.

Baidu Takes Measures to Comply with Government Directives

Thursday, April 9, 2020 - 1:56pm

These statements are made under the "safe harbor" provisions of the U.S.

Key Points: 
  • These statements are made under the "safe harbor" provisions of the U.S.
  • These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements.
  • Statements that are not historical facts, including but not limited to statements about Baidu's beliefs and expectations, are forward-looking statements.
  • Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

MV Oil Trust Announces Trust First Quarter Distribution

Friday, April 3, 2020 - 9:05pm

If commodity prices for crude oil remain at reduced levels, subsequent distributions in 2020 will be substantially lower than historical distributions, and in certain periods there may be no distribution to unitholders.

Key Points: 
  • If commodity prices for crude oil remain at reduced levels, subsequent distributions in 2020 will be substantially lower than historical distributions, and in certain periods there may be no distribution to unitholders.
  • In light of the current uncertain economic environment, the provision for estimated Trust expenses referenced above includes amounts that would be sufficient to pay estimated Trust expenses over approximately the next twelve months.
  • Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct.
  • The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.

NCR to Host Investor Update Call on Tuesday, March 31

Tuesday, March 31, 2020 - 1:30pm

We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Act.

Key Points: 
  • We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Act.
  • Statements that describe or relate to NCRs plans, goals, intentions, strategies, or financial outlook, and statements that do not relate to historical or current fact, are examples of forward-looking statements.
  • NCR does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200331005428/en/

CV SCIENCES, INC. RESCHEDULES FULL YEAR 2019 RESULTS CONFERENCE CALL TO MARCH 16, 2020

Tuesday, March 10, 2020 - 8:05pm

The Company will hold a conference call with the investment community at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) that same day.

Key Points: 
  • The Company will hold a conference call with the investment community at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time) that same day.
  • The Company is rescheduling the timing of its full year 2019 financial results conference call to provide additional time to complete the finalization of its fiscal 2019 income tax provision.
  • The webcast of the conference call will be available on the Investor Relations section of the Company's website at https://ir.cvsciences.com/news-events and at http://public.viavid.com/index.php?id=138282 .
  • This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages CPI Aerostructures (CVU) Investors Who Suffered Losses to Contact Its Attorneys: Important Deadlines Approaching

Tuesday, March 10, 2020 - 12:00am

in the Companys billing process, which inflated the Companys reported revenue and income before provision for income taxes, net income, and EPS.

Key Points: 
  • in the Companys billing process, which inflated the Companys reported revenue and income before provision for income taxes, net income, and EPS.
  • The Company also disclosed that, contrary to prior representations, CPI Aero maintained ineffective internal control over financial reporting for 2018.
  • Were focused on recovering investors losses and proving that CPI Aerostructures admitted accounting errors were intentional, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys.

Buckeye Partners, L.P. Announces Receipt of Requisite Consents in Consent Solicitations for Each of Its 4.150% Notes Due 2023, 4.350% Notes Due 2024 and 5.600% Notes Due 2044, 3.950% Notes Due 2026, 4.125% Notes Due 2027, and 5.850% Notes Due 2043 and Ext

Tuesday, February 25, 2020 - 2:00pm

Pursuant to the Consent Solicitation Statement, the consummation of each Expired Consent Solicitation and the payment of the Consenting Notes Consent Fee is conditioned on the receipt of the 2033 Notes Requisite Consents (as defined below), unless waived by Buckeye.

Key Points: 
  • Pursuant to the Consent Solicitation Statement, the consummation of each Expired Consent Solicitation and the payment of the Consenting Notes Consent Fee is conditioned on the receipt of the 2033 Notes Requisite Consents (as defined below), unless waived by Buckeye.
  • Except as provided herein, all other terms, provisions and conditions of the 2033 Notes Consent Solicitation remain unchanged.
  • The terms of the 2033 Notes Consent Solicitation are detailed in the Consent Solicitation Statement.
  • Holders should carefully read the Consent Solicitation Statement because it contains important information, including the various terms and conditions of the 2033 Notes Consent Solicitation.