Day: March 24, 2020

– Losmapimod achieves target engagement in muscle –– Oral presentation at Virtual Muscular Dystrophy Association (MDA) Clinical and Scientific Conference highlights safety, tolerability and pharmacokinetics of losmapimod –CAMBRIDGE, Mass., March 24, 2020 (GLOBE NEWSWIRE) — Fulcrum Therapeutics, Inc. (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced complete results from its Phase 1 clinical trial of losmapimod, which is being developed for the treatment of facioscapulohumeral muscular dystrophy (FSHD). Results were presented by Michelle Mellion, M.D., the Company’s senior medical director, in a live Virtual Clinical Trial Session of the Muscular Dystrophy Association (MDA) Clinical and Scientific Conference today. Presented...

The board of directors of SpareBank 1 SMN recommend revising the dividend payout from last year’s profit from 53.5 per cent to 41.2 per cent. New dividend is recommended at NOK 5.00 per equity certificate.SpareBank 1 SMN’s board of directors is following the crisis in the Norwegian economy closely, and is taking the consequences for our region seriously. The board considers the recommended change in the payout ratio to reflect a good balance between the need for stability and predictability for the bank’s owners and investors on the one hand, and the group’s social responsibility towards its customers and local communities in Central Norway on the other. This recommendation further bolsters an already strong financial position, enabling SpareBank 1 SMN once again to keep its cool and to accompany personal customers and firms alike safely...

Styret i SpareBank 1 SMN foreslår å endre utdelingsgraden av fjorårets resultat fra 53,5 prosent til 41,2 prosent. Nytt utbytte foreslås til 5,00 kroner per egenkapitalbevis.Styret i SpareBank 1 SMN følger utviklingen i krisen i norsk økonomi tett, og tar konsekvensene for vår region på alvor. Styret mener forslaget om endret utdelingsgrad reflekterer en god balanse mellom behov for stabilitet og forutsigbarhet for bankens eiere, og det samfunnsansvaret konsernet har overfor kunder og lokalsamfunn i Midt-Norge. Med dette forslaget øker en allerede sterk soliditet ytterligere, slik at SpareBank 1 SMN også denne gang kan ha is i magen og følge personkunder og bedrifter trygt gjennom krisen.De økonomiske ringvirkningene av krisen kan bli omfattende. SpareBank1 SMN har kapital og likviditet som gjør at konsernet er solid og godt rustet til...

RIMOUSKI, Quebec, March 24, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc. (“Company” or “Puma”) is pleased to announce that it has sold all of the shares it held in Target Minerals Inc. (“Target”) for $400,000. The sale of the Target shares represents a continuation of Puma’s DEAR strategy to monetize non-core assets. The Target shares were acquired as part of the transaction related to the Ann’s Creek and Beresford Copper properties, also known as the Nicholas-Denys project, completed with Target in August 2019 (see news release of  27/08/2019). Puma will focus its 2020 exploration actively on its Chester project, a drill ready property, and the newly acquired 100% held Jonpol Gold and Portage projects, while proceeding with due diligence on additional gold projects in the Bathurst Mining Camp (BMC).TERMS OF THE TRANSACTIONPuma...

BONITA SPRINGS, Fla., March 24, 2020 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or “the Company”), an interconnected data-driven platform of specialty food companies that provides chefs and consumers direct access to the highest quality, unique specialty food products across the U.S., today announced a business update in response to the COVID-19 pandemic.    Sam Klepfish, CEO of Innovative Food Holdings, stated: “We are currently experiencing surging ecommerce sales at www.igourmet.com and www.mouth.com for a variety of specialty food categories including higher demand for themed food kits. Simultaneously, ecommerce sales have significantly accelerated for our specialty grocery products offered through our other online channels including www.amazon.com and www.walmart.com.”Mr. Klepfish added: “Strong direct-to-consumer...

ATLANTA, March 24, 2020 (GLOBE NEWSWIRE) — Atlantic American Corporation (Nasdaq- AAME) today reported its results for the fourth quarter and year ended December 31, 2019.  For the fourth quarter ended December 31, 2019, the Company reported net income of $1.3 million, or $0.06 per diluted share, up from $0.2 million, or $0.01 per diluted share, in the fourth quarter of 2018.  The increase in net income was primarily attributable to an increase in unrealized gains on equity securities recognized in net income of $6.4 million, partially offset by a decrease in realized investment gains of $4.3 million and $0.6 million increase in operating loss.  Premiums for the fourth quarter of 2019 increased 3.0% to $46.7 million compared to $45.3 million for the fourth quarter of 2018, as premiums in the property and casualty operations increased...

TORRANCE, Calif., March 24, 2020 (GLOBE NEWSWIRE) — Virco Mfg. Corporation (NASDAQ: VIRC) issued this press release to update its shareholders and the public about its current operational and financial assessment of, and responses to, the COVID-19 pandemic:In accordance with State of California and local orders, the Company temporarily closed its Torrance, California, manufacturing and distribution facility on March 20, 2020.  Because business activity and demand for the Company’s education furniture have remained steady at approximately last year’s volume, it will continue to operate its Conway, Arkansas, manufacturing and distribution facility unless future developments require temporary closure of that facility as well.Because the Company operates on a slightly staggered fiscal year (ending January 31), this press release is...

Sjá meðfylgjandi tilkynningu um viðskipti fjárhagslegra tengdra aðila.ViðhengiVidskipti-fjarhagslega-tengds-adila-24.3.2020

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on April 15, 2020 to holders of Common Shares of record on March 31, 2020.The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent...

Sweden raises USD 2 billion at 0.753 % in two-year bond saleKingdom of Sweden today raised USD 2 billion (approximately SEK 20.5 billion) at a yield of 0.753 per cent issuing a two-year benchmark. The bond sale is part of the Debt Office’s funding plan and the proceeds will be used to refinance loans to the Riksbank.The bid volume reached USD 4.15 billion with almost 70 investors taking part. Final pricing was fixed at 40 basis points above the corresponding US benchmark.– Managing to execute this planned transaction amid the market turbulence sparked by the coronavirus shows strength. Receiving bids from investors all over the world indicates that Kingdom of Sweden is seen as a safe and stable issuer, says Anna Sjulander, Head of Funding at the Swedish National Debt Office.Terms and conditionsDistribution by investor typeDistribution...