Day: December 6, 2019
– Today’s AL002 presentation showcases the first data in humans with a TREM2 antibody– AL002 was generally safe and well-tolerated in healthy volunteers– Reduced CSF sTREM2 level demonstrates target engagementSOUTH SAN FRANCISCO, Calif., Dec. 06, 2019 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a clinical stage biotechnology company pioneering immuno-neurology, today reported safety and biomarker data from the single ascending dose (SAD) phase of the INVOKE Phase1 study of its product candidate, AL002, in healthy volunteers. AL002 is a monoclonal antibody intended to enhance the activity of TREM2 and is being developed by Alector for the treatment of Alzheimer’s disease in collaboration with its partner AbbVie. The data were presented today at the 12th Clinical Trials on Alzheimer’s Disease (CTAD) meeting...
America First Multifamily Investors, L.P. Announces Retirement of Chief Financial Officer and Appointment of Interim Chief Financial Officer
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OMAHA, Neb., Dec. 06, 2019 (GLOBE NEWSWIRE) — On December 2, 2019, Craig S. Allen informed America First Multifamily Investors, L.P. (NASDAQ: ATAX) (the “Partnership” or “ATAX”) of his intent to retire and leave the Partnership in his capacity as its Chief Financial Officer on December 31, 2019. Mr. Allen has held his position since 2015. Mr. Allen and the Partnership have entered into a Consulting Agreement to allow Mr. Allen to assist the Partnership during its transition to a permanent replacement.On December 6, 2019, the Board of Managers of Greystone AF Manager LLC, the general partner of the general partner of the Partnership, appointed Jesse A. Coury, the Partnership’s current Corporate Controller, to serve as the Partnership’s interim Chief Financial Officer, effective on January 1, 2020. Mr. Coury will serve in this capacity...
Fortis Inc. exerce son option de surallocation de 90 M$ CA dans le cadre du placement par voie de prise ferme précédemment annoncé
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ST. JOHN’S, Terre-Neuve-et-Labrador, 06 déc. 2019 (GLOBE NEWSWIRE) — Fortis Inc. (« Fortis » ou la « Société ») (TSX:FTS) (NYSE:FTS) a annoncé aujourd’hui l’émission d’un total de 1 726 500 actions ordinaires (les « actions ordinaires ») à la suite de l’exercice de l’option de surallocation (l’« option de surallocation ») qu’elle avait octroyée à un syndicat de preneurs fermes dirigé par Scotia Capitaux Inc., Marchés des capitaux CIBC et RBC Marchés des capitaux dans le cadre du placement par voie de prise ferme précédemment annoncé (le « placement par voie de prise ferme »). L’exercice de l’option de surallocation a généré un produit brut de 90 M$ CA pour Fortis; si on ajoute le résultat du placement par voie de prise ferme, le produit brut total s’élève à 690 M$ CA.La Société affectera le produit net à son plan d’immobilisations,...
APRIL: Purchase agreement signed for the sale of Axeria IARD
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APRIL: Purchase agreement signed for the sale of Axeria IARDThe APRIL Group announces today the signing of a share purchase agreement for the sale of Axeria IARD, a risk-carrying subsidiary specialised in Property & Casualty insurance.The share purchase agreement, signed with Watford Holdings Ltd. (“Watford”), relates to the sale by APRIL Group, and the acquisition by Watford, of 100% of the capital stock of Axeria IARD.This transaction, subject to regulatory approval, is in line with the new development strategy initiated by the APRIL Group to refocus around brokerage in five key markets (individual health and personal protection, professionals and VSEs, loan insurance, international health and property and casualty niches), as announced on 18 March 2019. Axeria IARD recorded sales of €139.9 million in 2018.The closing...
APRIL : Signature d’un contrat d’acquisition en vue de la cession d’Axeria IARD
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APRIL : Signature d’un contrat d’acquisition en vue de la cessiond’Axeria IARDLe groupe APRIL annonce aujourd’hui la conclusion d’un contrat d’acquisition pour la cession d’Axeria IARD, filiale de portage de risque du groupe spécialisée dans l’assurance dommages.Le contrat d’acquisition, signé avec Watford Holdings Ltd. (« Watford »), porte sur la vente par le groupe APRIL et l’acquisition par Watford de 100% du capital d’Axeria IARD.Cette opération, soumise à approbation réglementaire, s’inscrit dans la continuité de la stratégie de recentrage et de développement initiée par le groupe APRIL autour des activités de courtage sur cinq marchés phares (la santé et la prévoyance du particulier, des professionnels et des TPE, l’assurance emprunteur, la santé internationale et les niches dommage), annoncée le 18 mars 2019. Axeria IARD a généré...
Watford Announces Declaration of Quarterly Dividend on Preference Shares
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PEMBROKE, Bermuda, Dec. 06, 2019 (GLOBE NEWSWIRE) — Watford Holdings Ltd. (“Watford”) (Nasdaq: WTRE) announced today that on December 31, 2019, it intends to pay to holders of record as of December 15, 2019 (the “Record Date”) a quarterly dividend on its 8½% Cumulative Redeemable Preference Shares, which trade on Nasdaq under the ticker symbol “WTREP” (the “Preference Shares”). At the beginning of each calendar quarter beginning July 1, 2019, the dividend rate on the Preference Shares will be adjusted for that calendar quarter to a rate equal to the 3-month USD LIBOR on the first calendar day of the quarter (or the next business day, if such first day is not a business day) plus a margin of 6.678%, and the dividend paid for that calendar quarter shall be based on the actual number...
Watford Agrees to Purchase French P&C Insurer
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HAMILTON, Bermuda, Dec. 06, 2019 (GLOBE NEWSWIRE) — Watford Holdings Ltd. (“Watford”) (NASDAQ: WTRE) has entered into an agreement to purchase Axeria IARD, a property and casualty insurance company based in France. Watford is acquiring 100% of the capital stock of Axeria IARD from the APRIL group. The transaction is subject to regulatory approval and is expected to close in the Spring of 2020.Axeria IARD is headquartered in Lyon, France, with branch offices in Lille and Bordeaux and is active in the French and EU commercial property and casualty insurance market with in-force gross premiums written of approximately €140 million.Watford CEO, John Rathgeber, commented: “This transaction represents another significant milestone in the build-out of our insurance business. Consistent with our business model, Watford will...
Oil-Dri Announces First Quarter of Fiscal 2020 Results
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CHICAGO, Dec. 06, 2019 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced its first quarter fiscal 2020 earnings.Daniel S. Jaffee, President and CEO, stated, “Our financial results for the first quarter of fiscal 2020 were extremely strong and reflect the successful impact of our prior year’s investments. We achieved record consolidated net sales for the quarter which demonstrates meaningful progress in the execution of our strategies. Increases in customer purchasing trends as well as margin expansion occurred both within our Retail & Wholesale and Business to Business Products Groups. Our new Sales and Operations Process (S&OP) is underway, and our team is focused on its implementation in order to reap the numerous related benefits. Reductions...
CORRECTION – Domo Announces Fiscal 2020 Third Quarter Financial Results
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SILICON SLOPES, Utah, Dec. 06, 2019 (GLOBE NEWSWIRE) — In a release issued under the same headline on December 5, 2019 by Domo (Nasdaq: DOMO), please note that under Business Outlook, Full Year Fiscal 2020, the second bullet should read: Non-GAAP net loss per share is expected to be between $3.85 and $3.89 based on 27.5 million weighted-average shares outstanding. The corrected release follows:Domo, Inc. (Nasdaq: DOMO) today announced results for the fiscal 2020 third quarter ended October 31, 2019.Fiscal Third Quarter ResultsTotal revenue was $44.8 million, an increase of 22% year over yearSubscription revenue was $37.8 million, an increase of 24% year over yearSubscription revenue represented 85% of total revenueBillings were $44.4 million or 15% year-over-year growthNet cash used in operating activities was $19.5 million, an...
Cachaldora Travel Group and Uniglobe L’Alianxa Travel Merge to Create CTG L’Alianxa Travel Group
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Miami, Florida, Dec. 06, 2019 (GLOBE NEWSWIRE) — Cachaldora Travel Group (CTG) and Uniglobe L’Alianxa Travel announced the merge of the two companies. The new entity will trade under “CTG L’Alianxa Travel Group” and will be headquartered in Miami, Fl.“This merge will help us consolidate as the number one tour operator to the Dominican Republic from South Florida” said, Amelia Cachaldora, founder of CTG, who will remain on the Board of Directors of the new company. “We will continue to operate our Puncana.com brand, delivering the same great experience to our customers and agents, while incorporating new markets and expanding our network of affiliated travel agencies” added Cachaldora.“We are very proud and excited to join forces with CTG, said Luis Salazar, Managing Partner of CTG L’Alianxa Travel Group. We are sure that our network...