Year: 2019

WILMINGTON, Del., Dec. 12, 2019 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on January 22, 2020 to shareholders of record at the close of business on January 8, 2020.About InterDigital®InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading...

SPOKANE VALLEY, Wash., Dec. 12, 2019 (GLOBE NEWSWIRE) — Keytronic Corporation (Nasdaq KTCC), a world class provider of engineering design and electromechanical manufacturing services, today announced it has started shipping product from its new Da Nang, Vietnam manufacturing facility.Keytronic’s Da Nang, Vietnam manufacturing facility is 133K square feet and currently has one SMT line and several final assembly lines. There is ample room to expand to 3 SMT lines and add multiple final assemble lines without any further construction. Keytronic completed this project within 8 months following site selection.“I’m very proud of everyone who has been involved in getting our Da Nang facility up and running in such a short period of time,” said Craig Gates, President and CEO of Keytronic. “Our strategic decision to expand to Vietnam was...

SPOKANE VALLEY, Wash., Dec. 12, 2019 (GLOBE NEWSWIRE) — Keytronic Corporation (Nasdaq KTCC), a world class provider of engineering design and electromechanical manufacturing services, today announced a major new rebranding effort in conjunction with its 50th anniversary celebration.Starting in 1969 as a keyboard manufacturer, Keytronic has sustained extensive growth over the years and an unbroken string of operationally profitable quarters for the last 15 years. What started out as a successful original equipment manufacturer (OEM) of keyboards has transitioned into one of the most successful design and manufacturing service providers in the industry.“Over the past 50 years our logo has evolved as we have transitioned the company from a keyboard manufacturer to a full service engineering design and electromechanical manufacturing...

— VYONDYS 53 is Sarepta’s second RNA exon-skipping treatment for DMD approved in the U.S. —— Commercial distribution of VYONDYS 53 in the U.S. will commence immediately —— Information for patients and clinicians is available at www.SareptAssist.com — CAMBRIDGE, Mass., Dec. 12, 2019 (GLOBE NEWSWIRE) — Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, today announced that the U.S. Food and Drug Administration (FDA) has approved VYONDYS 53™ (golodirsen). VYONDYS 53 is an antisense oligonucleotide from Sarepta’s phosphorodiamidate morpholino oligomer (PMO) platform, indicated for the treatment of Duchenne muscular dystrophy (DMD) in patients with a confirmed mutation amenable to exon 53 skipping. This indication is based on a statistically significant...

ACHESON, Alberta, Dec. 12, 2019 (GLOBE NEWSWIRE) — ENTREC Corporation (“ENTREC” or the “Company”), a heavy haul transportation and crane solutions provider, today announced that it has signed a definitive agreement to sell its Canadian crane business and assets to Sterling Crane, part of Marmon Crane Services, a Berkshire Hathaway company.“This sale is a nice strategic move for ENTREC,” commented John M. Stevens, ENTREC’s President and CEO. “Through this sale, we will be able to significantly reduce our long-term debt. In addition, we intend to partner with Sterling Crane to be a preferred supplier of heavy haul transportation services to Sterling Crane in Canada and utilize Sterling Crane as a preferred supplier of cranes services to ENTREC in the future for our Canadian operations.”The aggregate consideration to be paid at closing...

GUADALAJARA, Mexico, Dec. 12, 2019 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced that it has received approvals for its Master Development Programs and Passenger Tariffs for its airports in Mexico and Jamaica. The approvals were granted by the Ministry of Communications and Transportation (Secretaría de Comunicaciones y Transportes) in Mexico, as well as the Jamaica Civil Aviation Authority (JCAA), respectively, for the 2020-2024 period.In Mexico, the maximum tariffs per work load unit for each airport were determined by the Federal Civil Aviation Agency (Agencia Federal de Aviación Civil “AFAC”), based on projections for traffic, operating costs and capital investments included in the Master Development Program, in accordance with the parameters established...

DUBLIN, Calif., Dec. 12, 2019 (GLOBE NEWSWIRE) — (OTCQB: GIGA) Giga-tronics Incorporated (the “Company”) announced today that its previously announced 1-for-15 reverse split of its common stock would become effective as of December 12, 2019.  Beginning on December 13, 2019, the Company’s common stock will trade on the OTC market on a split-adjusted basis.As a result of the reverse stock split, the number of shares of common stock outstanding will be reduced by the ratio of 1-for-15 to 2,476,982.   The number of authorized shares of the Company’s common stock has been reduced in the same proportion to 13,333,333 shares of common stock. The reverse stock split impacts all holders of the Company’s common stock uniformly and will not impact any shareholder’s percentage ownership interest in the Company; however, no fractional shares...

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of The Carrington, a 79-suite apartment property located in the Beltline district of downtown Calgary, Alberta. Occupancy for the property currently stands at 100%. CAPREIT paid approximately $19.5 million for the property, funded by its Acquisition and Operating credit facility.The Carrington offers larger-than-average suites, parking stalls, and storage units, providing an ideal space for families and upscale residents in the prestigious Beltline neighborhood. This attractive property, built in 1999, features average suites at 970 square feet. It contains a mix of spacious one-, two- and three-bedroom suites, all including balconies, kitchen appliances...

NEW YORK, Dec. 12, 2019 (GLOBE NEWSWIRE) — OHA Investment Corporation (Nasdaq: OHAI) (the “Company” or “OHAI”) announced today that it obtained stockholder approval for its proposed merger (the “Merger”) with Portman Ridge Finance Corporation (Nasdaq: PTMN) (“PTMN”) at a special meeting of the Company’s stockholders held on December 12, 2019. The Merger is currently expected to close on or around December 18, 2019, subject to satisfaction of customary closing conditions.The voting results to approve the Merger were as follows:Over 97% of the OHAI stockholders who voted at the meeting voted in favor of the proposal related to effecting the proposed merger.“We are pleased that OHAI stockholders overwhelmingly approved the Merger with Portman Ridge Finance Corporation,” said Steven Wayne, OHAI’s President and Chief Executive Officer,...

Le CRIMM remporte un contrat clé en main à prix fixe pour la construction, la livraison et la mise en service d’une usine pilote de produits à base de manganèse de haute pureté.Le BGRIMM est sélectionné comme ingénieur principal de l’usine de traitement pour l’étude de faisabilité.VANCOUVER, Colombie-Britannique, 12 déc. 2019 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX : EMN) (la « Société » ou « EMN ») a le plaisir d’annoncer ce qui suit :Attribution au CRIMM d’un contrat clé en main à prix fixe pour une usine piloteL’équipe technique de la Société a considérablement progressé dans la conception, l’ingénierie, la planification et l’autorisation d’une usine pilote de manganèse électrolytique de haute pureté (« HPEMM ») et de sulfate de manganèse monohydrate de haute pureté...