Day: November 18, 2019

SAExploration Announces $130 Million of New Projects in Alaska, Canada and Middle East

Written by Customer Service on November 18, 2019. Posted in Public Companies.

HOUSTON, Nov. 18, 2019 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ: SAEX, OTCQB: SXPLW), or SAE, today announced a combined $130 million of new projects in Alaska, Canada and the Middle East.The largest contract is valued at approximately $112 million for onshore data acquisition services to be performed on the North Slope of Alaska. The data acquisition services will be conducted over the next three winter seasons, beginning in Q1 2020. In association with this multi-year project award, SAE has entered into a separate agreement with Geospace Technologies Corporation to purchase 30,000 new state-of-the-art GCL recording channels. The new Geospace channels will primarily be utilized during the aforementioned multi-year contract in Alaska, but are also intended to be utilized in other regions, when available, during the...

Sonoco to Acquire Healthcare Packaging and Medical Device Thermoformer

Written by Customer Service on November 18, 2019. Posted in Public Companies.

HARTSVILLE, S.C., Nov. 18, 2019 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the most sustainable, diversified global packaging companies, today announced it has signed a definitive agreement to acquire Thermoform Engineered Quality, LLC, and Plastique Holdings, LTD, (together TEQ), a global manufacturer of thermoformed packaging serving healthcare, medical device and consumer markets, from ESCO Technologies, Inc. (NYSE: ESE) for approximately $187 million in cash.TEQ, headquartered in Huntley, Ill., produced sales of $88 million in the fiscal year ended September 30, 2018, and operates three thermoforming and extrusion facilities in the United States along with a thermoforming operation in the United Kingdom, and thermoforming and molded-fiber manufacturing in Poland. Each facility has state-of-the-art cleanroom capabilities,...

Galectin Therapeutics to Present at Anti-Fibrotic Drug Development (AFDD) Summit

Written by Customer Service on November 18, 2019. Posted in Public Companies.

NORCROSS, Ga., Nov. 18, 2019 (GLOBE NEWSWIRE) — Galectin Therapeutics Inc. (NASDAQ:GALT), the leading developer of therapeutics that target galectin proteins, today announced that Eliezer Zomer, Ph.D., Vice President, Discovery Research and Product Development for Galectin Therapeutics, will be presenting at the 3rd Annual Anti-Fibrotic Drug Development (AFDD) Summit, held from Nov 18 – 20, 2019 at Revere Hotel Boston Common in Boston, Massachusetts. Dr. Zomer will present Galectin’s discovery program of its next generation of galectin-3 inhibitors for treating chronic fibrotic diseases as well as other diseases. This work is largely that of Galectin Therapeutics’ majority-owned subsidiary Galectin Sciences, LLC in partnership with SBH Sciences of Natick, Massachusetts.Title: Therapeutics for Chronic Fibrotic DiseasesDate:...

Kinsale Capital Group Announces Dividend Declaration

Written by Customer Service on November 18, 2019. Posted in Public Companies.

RICHMOND, Va., Nov. 18, 2019 (GLOBE NEWSWIRE) — Kinsale Capital Group, Inc. (NASDAQ:KNSL) today announced that its Board of Directors declared a cash dividend of $0.08 per share of common stock. This dividend is payable on December 12, 2019 to all stockholders of record as of the close of business on November 29, 2019.About Kinsale Capital Group, Inc.Kinsale Capital Group, Inc. is a specialty insurance group headquartered in Richmond, Virginia, focusing on the excess and surplus lines market.ContactKinsale Capital Group, Inc.Bryan PetrucelliSenior Vice President, Chief Financial Officer and Treasurer804-289-1272ir@kinsalecapitalgroup.com

Ayr Strategies Reports Record Third Quarter 2019 Financial Results; Reiterates 2019 Revenue Guidance and Updates 2020 Forecasts

Written by Customer Service on November 18, 2019. Posted in Public Companies.

Continues to Produce Strong Organic Growth with Record Third Quarter Revenue of $32.1 Million and Adjusted EBITDA of $8.7 Million2019 & 2020 Expansion Goals Remain Fully Funded with $14.7 Million Cash on Balance Sheet and More than $4 Million of Quarterly Cash Flow from OperationsRecently Added Key Talent with Appointment of New Chief Financial Officer and Chief Integration OfficerTORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr” or the “Company”), a vertically-integrated cannabis multi-state operator (MSO) with a presence in the western and eastern U.S., is reporting financial results for the three and nine months ended September 30, 2019.Unless otherwise noted, all results are presented in U.S. dollars.Q3 2019 Financial Summary (vs. Normalized Q2 2019i)Total revenue increased...

Conatus Pharmaceuticals Appoints Kathy Scott as Independent Board Member

Written by Customer Service on November 18, 2019. Posted in Public Companies.

SAN DIEGO, Nov. 18, 2019 (GLOBE NEWSWIRE) — Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) today announced the appointment of Kathleen D. Scott to the Conatus Board of Directors as an additional independent member.“We are pleased to expand the perspective of our Board of Directors with the addition of a proven financial leader with substantial experience in strategic transactions, corporate governance and financial reporting,” said Steven J. Mento, Ph.D., President, Chief Executive Officer and co-founder of Conatus. “Kathy’s demonstrated capabilities across a broad range of life science finance initiatives should prove most helpful to Conatus as we continue with Oppenheimer & Co., Inc., in our review of strategic alternatives.”Kathleen ScottMs. Scott is currently a Managing Director at Hale BioPharma Ventures, and Chief Financial...

Woodward Reports Fiscal Year 2019 Results and Fiscal Year 2020 Outlook

Written by Customer Service on November 18, 2019. Posted in Public Companies.

FORT COLLINS, Colo., Nov. 18, 2019 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ:WWD) today reported financial results for its fiscal year 2019 and fourth quarter ending September 30, 2019. (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated.)Fourth Quarter Fiscal 2019 OverviewNet sales were $737 million for the fourth quarter of 2019, up 2 percentEarnings per share were $1.03, down from $1.16Adjusted earnings per share1 were $1.22, down from $1.39Fiscal Year 2019 OverviewNet sales were $2.90 billion for fiscal year 2019, an increase of 25 percent compared to the prior year. Organic net sales1, which exclude the L’Orange business acquired in June 2018,...

BrandSafway acquires Bowline Construction LLC

Written by Customer Service on November 18, 2019. Posted in Mergers And Acquisitions.

Kennesaw, Georgia, USA, Nov. 18, 2019 (GLOBE NEWSWIRE) — In a move toward continued growth and expansion of its commercial motorized access offerings, BrandSafway is announcing the acquisition of Bowline Construction LLC, effective November 18, 2019. “Bowline brings over 15 years of elevator and motorized access expertise to BrandSafway, along with an outstanding reputation,” said Art Eunson, president of BrandSafway Services. “This will allow us to provide a full suite of power access technologies throughout the New England region and demonstrates BrandSafway’s commitment to investing in and expanding our hoist and motorized offerings.”Founded in 2004, Bowline is a leading provider of commercial construction access systems in the New England region and offers exceptional experience and expertise in hoisting. Headquartered in Norwell,...

Progyny, Inc. Announces Details for Its Third Quarter Results Report

Written by Customer Service on November 18, 2019. Posted in Public Companies.

NEW YORK, Nov. 18, 2019 (GLOBE NEWSWIRE) — Progyny, Inc. (Nasdaq: PGNY), a leading benefits management company specializing in fertility and family building benefits solutions in the United States, will report its financial results for the quarterly period ended September 30, 2019 on Wednesday, December 4, 2019, after the close of the market.The company will host a conference call at 5:00 P.M. Eastern Time (or 2:00 P.M. Pacific Time) and issue a press release regarding its financial results prior to the start of the call.Interested participants in the United States may access the conference call by dialing 1.877.883.0383 and using the passcode 8909894. International participants may access the call by dialing 1.412.902.6506 and using the same passcode.An audio replay of the call will be available through Monday, December 9, 2019...

Tractor Supply Stores Closed for Thanksgiving, Extend Black Friday Hours

Written by Customer Service on November 18, 2019. Posted in Public Companies.

BRENTWOOD, Tenn., Nov. 18, 2019 (GLOBE NEWSWIRE) — Tractor Supply Company announced today its hours for the Thanksgiving holiday. The rural lifestyle retailer will continue the tradition of keeping stores nationwide closed on Thanksgiving Day to allow employees to spend time with friends and family. Stores will reopen on Black Friday with extended hours from 6 a.m. – 10 p.m.Though stores are closed on the holiday, customers will have access to Black Friday deals and sales online starting on Thanksgiving Day. For more information about online and in-store holiday promotions, visit TractorSupply.com or follow on Facebook and Instagram.About Tractor Supply CompanyTractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for...

Day: November 18, 2019

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