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Day: March 25, 2020

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them

Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with ThemLuxembourg, March 25, 2020 – Millicom International Cellular S.A. (“Millicom”) announced today the CSSF regulatory filing of the form:Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them (attachment)             -END-For further information, please contactAbout MillicomMillicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31,...

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Alector Enters into a Licensing Agreement with Innovent Biologics to Develop and Commercialize AL008 in Oncology Indications in China

AL008 is Alector’s dual function SIRP-alpha inhibitor and Fc gamma receptor activator antibody targeting the innate immune system for oncology indicationsThe partnership with Innovent enables Alector to continue to expedite global development of it’s immuno-oncology pipelineSOUTH SAN FRANCISCO, Calif., March 25, 2020 (GLOBE NEWSWIRE) — Alector, Inc. (Nasdaq: ALEC), a clinical stage biotechnology company and leader in the discovery and development of therapeutics that harness the innate immune system, and Innovent Biologics, a leading Chinese biopharmaceutical company that develops and commercializes high quality medicines for the treatment of oncology, autoimmune, metabolic and other major diseases, jointly announced today the execution of a regional licensing agreement to develop and commercialize AL008 for oncology indications...

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First Financial Northwest, Inc. Appoints Diane C. Davis to its Board of Directors

RENTON, Wash., March 25, 2020 (GLOBE NEWSWIRE) — First Financial Northwest, Inc. (the “Company”) (NASDAQ GS: FFNW), the holding company for First Financial Northwest Bank (the “Bank”), today announced that the Company’s Nominating and Corporate Governance Committee proposed, and the Board of Directors approved, the appointment of Diane C. Davis to the Board of Directors of the Company effective March 25, 2020. Ms. Davis was also appointed to the Boards of Directors of the Bank and the Company’s non-financial institution subsidiary, First Financial Diversified Corporation (“FFD”).“We are pleased to welcome Ms. Davis to our Boards of Directors,” said Joseph W. Kiley III, President and Chief Executive Officer. “Diane has gained invaluable expertise during her 25 years as an insurance professional and leader, including strategy, risk...

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BAYTEX RECEIVES NYSE LISTING NOTIFICATION

CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced that it received notification on March 24, 2020 from the New York Stock Exchange (“NYSE”) that Baytex is no longer in compliance with one of the NYSE’s continued listing standards because the average closing price of Baytex’s common shares was less than US$1.00 per share over a consecutive 30 trading period. The issuance of the notification is not discretionary and is sent automatically when a listed company’s share price falls below the NYSE’s minimum price listing standard.Under the NYSE’s rules, Baytex can avoid delisting if, within six months from the date of the NYSE notification, its common shares have a closing price on the last trading day of any calendar month and a concurrent 30 trading day average closing price...

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Nasdaq Pledges Business and Philanthropic Support in Response to COVID-19

Makes $6 million cash and in-kind donation to relief organizations and business partnersReaffirms its commitment to communities and clientsNEW YORK, March 25, 2020 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) announced today its philanthropic support in response to the Coronavirus COVID-19 pandemic. With our global community experiencing this unprecedented time in history together, Nasdaq is taking action to commit cash and in-kind donations totaling $6 million to COVID-19 response and relief efforts to provide immediate assistance to those who are most at risk.“The COVID-19 pandemic reminds us that for all our perceived differences, what matters most is universal: taking care of the people in our communities who make our lives meaningful,” said Adena Friedman, President and Chief Executive Officer, Nasdaq. “As a responsible corporate...

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CubeSmart Introduces Contactless Storage Rentals

Serving essential needs while promoting social distancing, CubeSmart customers can now rent storage units without direct contact with othersMALVERN, Pa., March 25, 2020 (GLOBE NEWSWIRE) — Today, CubeSmart (NYSE: CUBE), the third-largest owner and operator of self-storage properties in the U.S., introduced the ability for customers to rent a storage unit without the need to interact with others in-person. Available today at CubeSmart stores in New Jersey, and soon to be available nationwide, customers can now complete the rental process and gain access to their storage cube with a few steps over the phone and online. “CubeSmart is pleased to offer a way to continue to provide outstanding customer service while promoting social distancing,” said Christopher P. Marr, President and Chief Executive Officer of CubeSmart. “I am proud of...

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Kane Biotech Reschedules Release of Fourth Quarter and Full Year 2019 Financial Results and Associated Conference Call to April 2, 2020

WINNIPEG, Manitoba, March 25, 2020 (GLOBE NEWSWIRE) — Further to its press release of March 20, 2020, Kane Biotech Inc. (TSX-V:KNE) (“Kane Biotech” or the “Company) announced that, in response to the evolving dynamics related to the COVID-19 pandemic, it has decided to delay the release of its fourth quarter and full year 2019 financial results, originally scheduled for March 26, 2020, until after market close on Thursday, April 2, 2020.In deciding to postpone its annual filings by one week, Kane Biotech is relying upon the Canadian Securities Administrators’ blanket relief, which, in light of recent COVID-19 developments and their impact on market participants, provides a 45-day extension for periodic filings normally required to be made by issuers, investment funds, registrants, certain regulated entities and designated rating...

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Westport Fuel Systems Announces Strong Support from Export Development Canada

VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) today announced measures to improve liquidity given the impact of COVID-19 on global operations.Export Development Canada (“EDC”) and Westport Fuel Systems have amended the terms of the secured term loan announced on December 21, 2017 to defer $6.0 million in principal payments in 2020 and to extend the term of the loan until September 30, 2022. “We have been working aggressively to mitigate the potential impact of COVID-19 for our employees, in our operations and with our customers to ensure that we are well-positioned to weather these current market headwinds,” said David M. Johnson, Chief Executive Officer of Westport Fuel Systems. “EDC has been a valued partner since 2017 when their support...

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Rush Enterprises Remains Open to Support Essential Functions During COVID-19 Uncertainty

SAN ANTONIO, March 25, 2020 (GLOBE NEWSWIRE) — Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, today announced that its Rush Truck Centers, Rush Truck Leasing and other facilities remain operational across the United States supporting the economy’s essential businesses and critical infrastructure. The Company’s Chairman and CEO, Rusty Rush, stated that “we are proud and committed to serve our customers in the important work they are doing, from ensuring the supply of essential medical supplies and life-sustaining goods to the provision of critical public services such as waste removal.”Mr. Rush also noted that “our foremost priority is always the health and safety of our customers, employees, business partners and communities.” The Company...

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Molecular Data Inc. Announces Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results

SHANGHAI, China, March 25, 2020 (GLOBE NEWSWIRE) — Molecular Data Inc. (“Molecular Data” or the “Company”) (Nasdaq: MKD), a leading technology-driven platform in China’s chemical industry, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.Fourth Quarter and Fiscal Year 2019 Financial HighlightsNet revenues in the fourth quarter of 2019 were RMB4,101.2 million (US$589.1 million), a 38.1% increase from RMB2,969.6 million in the fourth quarter of 2018. Net revenues in fiscal year 2019 were RMB13.2 billion (US$1,902.6 million), a 46.3% increase from RMB9.1 billion in fiscal year 2018.Gross profit in the fourth quarter of 2019 was RMB37.4 million (US$5.4 million), a 10.8% increase from RMB33.7 million in the fourth quarter of 2018. Gross profit in fiscal year 2019 was RMB103.0...

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