Day: October 23, 2019
RECORDATI: ACQUISITION OF WORLDWIDE RIGHTS TO SIGNIFOR® AND OSILODROSTAT (LCI699) COMPLETEDMilan, 23 October 2019 – Recordati announced the successful completion of the acquisition from Novartis of worldwide rights to Signifor® and Signifor® LAR® for the treatment of Cushing’s disease and acromegaly in adult patients for whom surgery is not an option or for whom surgery has failed, following the agreement signed on 12 July 2019. The acquisition also covers the worldwide rights to osilodrostat (LCI699), an investigational innovative drug for the treatment of endogenous Cushing’s syndrome, for which marketing authorization applications have been filed in the European Union and in the USA. Upon closing of the transaction a consideration of $ 390 million (€ 351 million) was paid to Novartis. Subsequently, additional milestone payments contingent...
RECORDATI: CONCLUSA L’ACQUISIZIONE DEI DIRITTI PER SIGNIFOR® E OSILODROSTAT (LCI699) A LIVELLO MONDIALE
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RECORDATI: CONCLUSA L’ACQUISIZIONE DEI DIRITTI PER SIGNIFOR® E OSILODROSTAT (LCI699) A LIVELLO MONDIALEMilano, 23 ottobre 2019 – Recordati comunica che è stata conclusa con successo l’acquisizione da Novartis dei diritti a livello mondiale per Signifor® e Signifor® LAR®, farmaci per il trattamento della Malattia di Cushing e dell’Acromegalia in pazienti adulti per i quali l’intervento chirurgico non è indicato o non è stato risolutivo, oggetto dell’accordo firmato il 12 luglio 2019. L’accordo comprende anche i diritti a livello mondiale di osilodrostat (LCI699), un innovativo trattamento sperimentale per la Sindrome di Cushing endogena in fase di registrazione nell’Unione Europea e negli Stati Uniti d’America. A conclusione della transazione è stato pagato a Novartis un corrispettivo di $ 390 milioni (€ 351 milioni). Successivamente,...
Constellium Reports Third Quarter 2019 Results
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AMSTERDAM, The Netherlands, Oct. 23, 2019 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) today reported results for the third quarter ended September 30, 2019.Third quarter 2019 highlights:Shipments of 395 thousand metric tons, up 4% compared to Q3 2018Revenue of €1.5 billion, up 2% compared to Q3 2018Net income of €1 million compared to net income of €217 million in Q3 2018Adjusted EBITDA of €139 million, up 18% compared to Q3 2018First nine months of 2019 highlights:Shipments of 1.2 million metric tons, up 5% compared to YTD 2018Revenue of €4.5 billion, up 6% compared to YTD 2018Net income of €42 million compared to net income of €248 million in YTD 2018Adjusted EBITDA of €441 million, up 12% compared to YTD 2018Cash from Operations of €340 million and Free Cash Flow of €157 million in YTD 2019Net debt / LTM Adjusted EBITDA of...
FirstCash Reports Record Third Quarter Earnings Results; Store Count Now at 2,665 Locations with 258 Units Added Year-to-Date; Increases Quarterly Dividend by 8% to $0.27 per Share
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FORT WORTH, Texas, Oct. 23, 2019 (GLOBE NEWSWIRE) — FirstCash, Inc. (the “Company”) (Nasdaq: FCFS), the leading international operator of over 2,600 retail pawn stores in the U.S. and Latin America, today announced operating results, including record revenues and earnings per share, for the three and nine month periods ended September 30, 2019.Mr. Rick Wessel, chief executive officer, stated, “We had outstanding third quarter results driven by the strength of revenue growth and earnings from core pawn operations. Latin American revenues grew 19% for the quarter and 21% on a constant currency basis, while U.S. results continued to realize growth in retail sales and margins, pawn fees and segment income from pawn operations. The Company continued to add store locations during the third quarter, with year-to-date acquisitions now totaling...
IVECO BUS wins the ‘Sustainable Bus of the Year’ award for the third consecutive year with the Crossway Natural Power
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IVECO BUS successfully retains the highly prized title of ‘Sustainable Bus of the Year’, in the interurban category, with its Crossway Natural Power coach at this year’s Busworld Europe Exhibition which runs from October 18 to 23 in Brussels, Belgium. This new award underlines IVECO BUS’s position as undisputed leader in the intercity segment and confirms the Brand’s commitment to energy transition and alternative fuelsLondon, October 23, 2019Following on from last year’s success with its fully electric Crealis In-Motion-Charging model, IVECO BUS, a brand of CNH Industrial (NYSE: CNHI/MI: CNHI), continues its winning streak by capturing the much coveted ‘Sustainable Bus of the Year 2020’ award in the intercity category with its gas-powered Crossway Natural Power coach. Unveiled last year at Autocar Expo, France, this vehicle’s benefits...
MediciNova Receives Notice of Allowance for New Patent Covering MN-001 for the Treatment of NAFLD and NASH in Japan
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LA JOLLA, Calif., Oct. 23, 2019 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Allowance from the Japan Patent Office for a pending patent application which covers MN-001 (tipelukast) for the treatment of nonalcoholic fatty liver disease (NAFLD) and nonalcoholic steatohepatitis (NASH).Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than December 2032. The allowed claims cover MN-001 for treating a patient with NAFLD or NASH. The allowed claims also cover MN-001 for reducing liver inflammation in a patient with NAFLD or NASH. The allowed claims cover oral administration, including tablets...
TowerJazz Schedules Third Quarter 2019 Financial Results and Conference Call
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MIGDAL HAEMEK, Israel – October 22, 2019 – TowerJazz (NASDAQ/ TASE: TSEM), the global specialty foundry leader, will issue its third quarter 2019 earnings release on Wednesday, November 13, 2019. The Company will hold a conference call to discuss its third quarter 2019 financial results and fourth quarter 2019 guidance on Wednesday, November 13, 2019, at 10:00 a.m. Eastern Time (09:00 a.m. Central, 08:00 a.m. Mountain, 07:00 a.m. Pacific and 05:00 p.m. Israel time).This call will be webcasted and can be accessed through the Investor Relations section on TowerJazz’s website at http://ir.towerjazz.com/ or can also be accessed by calling the following numbers: U.S. Toll Free: 1-888-407-2553; Israel: 03-918-0610; International: +972-3-918-0610. The teleconference will be available for replay for 90 days. About TowerJazzTower Semiconductor...
FTI Consulting Appoints Simon Lewis as a Vice Chairman in EMEA and Global Head of Financial Services in its Strategic Communications Segment
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LONDON, Oct. 23, 2019 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Simon Lewis as a Vice Chairman in the Europe, Middle East and Africa (“EMEA”) region and Global Head of Financial Services in the firm’s Strategic Communications segment. Mr. Lewis will assume the new roles on 6 January 2020.Mr. Lewis will join FTI Consulting from the Association for Financial Markets in Europe (“AFME”), the trade body that represents the pan-European capital markets industry, where he served as Chief Executive Officer (“CEO”) for nine years. In his new role as a Vice Chairman in the EMEA region, Mr. Lewis will help develop FTI Consulting’s client relationships across the region and support the firm’s strategic initiatives. In his role as Global Head of Financial Services in Strategic Communications, Mr....
Verizon and SAP co-developing next gen IoT analytics solutions
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LOS ANGELES, Oct. 23, 2019 (GLOBE NEWSWIRE) — Verizon (NYSE: VZ) and SAP SE (NYSE: SAP) today announced a collaboration that will enable applications to process data where it is generated – from an assembly line to a retail store shelf, helping businesses save time and increase productivity. The companies are partnering to create enterprise solutions that use Verizon’s network and platform capabilities integrated with SAP’s software and services, particularly the SAP® Leonardo Internet of Things (IoT) solution, SAP Edge Services and analytics, computing and data management capabilities. This announcement was made at Mobile World Congress Americas, being held in LA October 22-24.With the new partnership, SAP’s customers are poised to benefit from Verizon’s new technologies, such as 5G, software defined networking (SDN) and its Intelligent...
Critical Elements and Primero Announce a Guaranteed Maximum Price for Engineering, Procurement and Construction of the Rose Phase I Spodumene Project
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTREAL, Oct. 23, 2019 (GLOBE NEWSWIRE) — Critical Elements Lithium Corporation (the “Corporation” or “Critical Elements”) (TSX-V: CRE) (US OTCQX: CRECF) (FSE: F12) is pleased to announce Primero Group (“Primero”) has successfully completed the first phase of its Early Contractor Involvement (“ECI”) agreement with the Corporation, and that Primero has provided a Guaranteed Maximum Price (“GMP”) for the engineering, procurement and construction (“EPC”) of the Rose Lithium-Tantalum project (“Rose” or the “Project”) on a lump sum turnkey basis that is in line with the Project’s feasibility study published November 29, 2017.Critical Elements and Primero are in discussions to commence the second phase of the ECI agreement (ECI Phase II...