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Month: March 2020

Surface Oncology Announces First Patient Dosed in Clinical Trial of Immuno-Oncology Candidate SRF617

CAMBRIDGE, Mass., March 17, 2020 (GLOBE NEWSWIRE) — Surface Oncology (Nasdaq: SURF), a clinical-stage immuno-oncology company developing next-generation immunotherapies that target the tumor microenvironment, today announced that it has initiated a Phase 1/1b clinical trial of its antibody candidate SRF617, which targets the immunosuppressive protein CD39.“Our comprehensive preclinical data indicate SRF617 is a potent inhibitor of CD39, which may play an important role in tumor growth and spread via the immunosuppressive ‘adenosine axis’,” said Robert Ross, M.D., chief medical officer of Surface Oncology. “This study is designed to provide rapid evaluation of SRF617 via multiple arms, including as a monotherapy and in combination with both chemotherapy and other immuno-oncology agents. We believe CD39 presents an important opportunity...

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Eton Pharmaceuticals Reports Positive Study Results for ET-101 (Topiramate Oral Solution)

-Results Demonstrated Bioequivalence to the Currently Approved Oral Solid Formulation-Market for Topiramate in Oral Form is Greater than $800 million AnnuallyDEER PARK, Ill., March 17, 2020 (GLOBE NEWSWIRE) — Eton Pharmaceuticals, Inc (Nasdaq: ETON), a specialty pharmaceutical company focused on developing and commercializing innovative drug products, today announced positive bioequivalence study results for ET-101, its proprietary oral solution formulation of topiramate.A bioequivalence study was conducted in healthy male subjects under fasting conditions, of Eton’s ET-101 oral solution compared to the existing FDA-approved topiramate oral solid product. The 90% confidence intervals for all pharmacokinetic (PK) parameters were within the 80 to 125% BE criteria demonstrating that ET-101 is bioequivalent to the comparator product...

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Earth Alive EA1™ Trial to Commence at Chilean Mine

MONTREAL, March 17, 2020 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSX: EAC) (“Earth Alive” or the “Company”), a Canadian soil health company is pleased to announce an agreement (“Agreement”) for a commercial test of its  proprietary EA1™ dust suppressant with a major mining operation in Chile to become the project’s dust suppressant solution provider.Under the terms of the purchase order, Earth Alive will conduct a four-week, 15,000-square-meter on-site trial to validate the efficacy of the Company’s proprietary EA1™ dust suppressant at a large open-pit mine in northern Chile. According to CEO Michael Warren, “This trial is in addition to the ongoing projects in Mexico, South Africa and Brazil. Initial results and feedback from the ongoing trials have been very positive including those from the US$2,000,000 ongoing...

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Formula Systems Reports Fourth Quarter and Full Year 2019 Results

OR YEHUDA, Israel, March 17, 2020 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (NASDAQ: FORTY), a global information technology holding company engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the fourth quarter and full year ended December 31, 2019.Financial Highlights for the Fourth Quarter Ended December 31, 2019Consolidated revenues for the fourth quarter increased by 13.8% to $448.2 million, with growth recorded across Formula’s entire investment portfolio. Revenues for the fourth quarter ended December 31, 2018 amounted to $393.7 million.Consolidated operating income for the fourth quarter increased by 14.2% to $37.1 million, with growth recorded across Formula’s entire...

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Nordic American Tankers Ltd (NYSE: NAT) – Extraordinarily Strong Tanker Market

Hamilton, Bermuda March 17, 2020We receive questions about the state of the tanker market, which is the strongest we have seen in decades.Increased exports from Saudi Arabia lead to extra demand for tonnage. As an example, it has been indicated that one million barrels a day extra from Saudi Arabia to the Far East create demand for about 45 suezmaxes. It is simple: Increased demand leads to more transportation work for our tankers. The last days we have entered into solid contracts for our suezmax tankers in the region of $65,000 per day to more than $100,000 per day. Our operating costs are about $8,000 per day per vessel. NAT has 23 suezmaxes which can load one mill barrels each.We paid 7 cents ($0.07) in dividend in the fourth quarter of 2019. We are hopeful to double that for the first quarter of 2020. NAT is now entering into contracts...

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Manhattan Bridge Capital, Inc. Reports Results for 2019

GREAT NECK, N.Y., March 17, 2020 (GLOBE NEWSWIRE) — Manhattan Bridge Capital, Inc. (Nasdaq: LOAN) announced today that net income for the year ended December 31, 2019 was approximately $4,495,000, or $0.47 per share (based on approximately 9.7 million weighted-average outstanding common shares), versus approximately $4,204,000, or $0.48 per share (based on approximately 8.8 million weighted-average outstanding common shares) for the year ended December 31, 2018, an increase of $291,000 or 7.0%. This increase in net income was mainly due to an increase in operating income and decreases in interest and payroll expenses.   Total revenue for the year ended December 31, 2019 was approximately $7,340,000 compared to approximately $7,225,000 for the year ended December 31, 2018, an increase of $115,000 or 1.6%. The increase in revenue...

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THE CHILDREN’S PLACE REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS

Reports Q4 GAAP Earnings per Diluted Share of $1.61 versus $0.74 in Q4 2018Reports Q4 Adjusted Earnings per Diluted Share of $1.85 versus $1.10 in Q4 2018Defers Fiscal 2020 Guidance due to Heightened Uncertainty Regarding the Evolving COVID-19 PandemicSECAUCUS. N.J., March 17, 2020 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE), the largest pure-play children’s specialty apparel retailer in North America, today announced financial results for the fourth quarter and fiscal year ended February 1, 2020.Jane Elfers, President and Chief Executive Officer announced, “We delivered Q4 EPS significantly above the high-end of our guided range. Sales exceeded our expectations with our digital business representing 31% of our total sales in Q4.”Ms. Elfers said, “We successfully launched the Gymboree brand on February 12th, and received...

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Ophør af suspension to afdelinger

Idet der ikke længere er usikkerhed om prisstillelse i markedet, kan der atter beregnes indre værdi i nedenstående to afdelinger.Der anmodes derfor om ophør af suspension i disse.Eventuelle henvendelser vedrørende denne meddelelse kan rettes til undertegnede på telefon 3814 6600.Med venlig hilsenInvest Administration A/SNiels Erik EberhardDirektør

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Lam Research Corporation Provides Business Update for the Fiscal Quarter ending March 29, 2020

FREMONT, Calif., March 17, 2020 (GLOBE NEWSWIRE) — March 17, 2020 – Lam Research Corporation (Nasdaq: LRCX) (the “Company,” “Lam,” “Lam Research”) is providing the following business update.On March 16, 2020, multiple bay area counties in California issued a “shelter-in-place” order, which requires the Company to temporarily stop on-site work at its Fremont and Livermore locations for three weeks effective March 17, 2020. Additionally, Lam has supply chain activities in Malaysia, and on March 16, 2020, the Malaysian government issued an order to close certain business activities from March 18 through March 31, 2020. The implementation of these orders prevents the Company from manufacturing products at its Livermore and Fremont, California facilities and receiving required parts from key...

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Insulation Market Size Worth USD 79.06 billion by 2026: Increasing Construction Activities will Promote Growth says Fortune Business Insights™

Pune, March 17, 2020 (GLOBE NEWSWIRE) — The global insulation market size is expected to reach USD 79.06 billion by 2026, on account of the increasing number of building and construction activities worldwide. Insulation is used for maintaining the average temperature inside a building by reducing the transfer of heat between adjacent environments. Additionally, it reduces carbon footprint by restricting heat conduction to the external environment and utilizing less energy for maintaining an average temperature. According to a recently published report by Fortune Business insights™ titled, “Insulation Market Size, Share and Global Trend, By Material (Mineral Wools {Glass Wool, Stone Wool}, Foamed Plastics {Expanded Polystyrene [EPS], Extruded Polystyrene [XPS], Polyurethane [PU], Polyisocyanurate [PIR], Others}, Cellulose, Aerogels,...

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