Day: April 2, 2020

21Vianet Group, Inc. Filed Its Annual Report on Form 20-F

BEIJING, April 03, 2020 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has filed its annual report containing its audited consolidated financial statements on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 2, 2020 Eastern Time. The annual report can be accessed on 21Vianet’s investor relations website at http://ir.21vianet.com/. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request.About 21Vianet21Vianet Group, Inc. is a leading carrier- and cloud-neutral Internet data center services provider in China. 21Vianet provides hosting...

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AMERISAFE ANNOUNCES 2020 FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL SCHEDULE

DERIDDER, La., April 02, 2020 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced it will release its 2020 first quarter financial results on Wednesday, April 29, 2020 after the market closes. In conjunction with the release, the Company has scheduled a conference call which will be broadcast live over the Internet on Thursday, April 30, 2020 at 10:30AM Eastern time.An archive of the webcast will be available after the call for a period of 60 days in the “Investors” section of the Company’s website.About AMERISAFEAMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing,...

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STONEMOR INC. ANNOUNCES STRATEGIC MULTI-YEAR PROPERTY MANAGEMENT AND OPERATIONAL SERVICES AGREEMENT WITH MOON LANDSCAPING

TREVOSE, Pa., April 02, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON), a leading owner and operator of cemeteries and funeral homes, today announced it has entered into a multi-year Master Services Agreement (“MSA”) with Moon Landscaping (“Moon”) to develop, implement and provide all manner of property management and operational services at most of the funeral homes, cemeteries and other properties owned or managed by StoneMor.Under the terms of the MSA, Moon will hire all of StoneMor’s grounds and maintenance employees at the serviced locations and will perform all functions currently handled by those employees, including, but not limited to, landscaping, openings and closings, burials, installations, routine maintenance and janitorial services.  The implementation of the MSA will take place on a clustered basis over the next...

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Parex Provides a Business Update in Response to COVID-19

CALGARY, Alberta, April 02, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, announces measures to protect the Company’s financial strength in response to the significant decrease in global energy prices and the COVID-19 pandemic.  The Company’s priority remains the health and safety of its employees, partners and the communities where we operate. All currency amounts are in United States dollars, unless otherwise stated.Business Update: Proactive Steps to Protect Shareholder ValueIn these challenging times, Parex continues to manage its production volumes, capital budget and cash costs in response to the current low and volatile price environment, further protecting its balance sheet and shareholder...

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Fate Therapeutics Announces Worldwide Collaboration with Janssen for Novel iPSC-derived Cell-based Cancer Immunotherapies

ꟷ Collaboration leverages Company’s iPSC product platform and Janssen’s proprietary tumor-targeting antigen binders to create novel CAR NK and CAR T-Cell product candidates ꟷꟷ Fate to receive $50 million upfront payment and $50 million equity investment, plus full funding for the research and development of collaboration candidates through IND filing ꟷꟷ Collaboration candidates to be developed against up to four tumor-associated antigens for hematologic malignancies and solid tumors ꟷꟷ Fate eligible to receive payments of up to $1.8 billion in development and regulatory milestones and up to $1.2 billion in commercial milestone payments, plus double-digit royalties ꟷSAN DIEGO, April 02, 2020 (GLOBE NEWSWIRE) — Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to the development of programmed...

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Fate Therapeutics Announces First Patient Treated in First-in-human Clinical Trial of FT596 and Provides Corporate Update

SAN DIEGO, April 02, 2020 (GLOBE NEWSWIRE) — Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to the development of programmed cellular immunotherapies for cancer and immune disorders, today announced that the first patient has been treated in the Company’s first-in-human Phase 1 clinical trial evaluating FT596, the first cell therapy product candidate engineered with three active anti-tumor modalities, in patients with B-cell malignancies and chronic lymphocytic leukemia. FT596 is an off-the-shelf chimeric antigen receptor (CAR) natural killer (NK) cell cancer immunotherapy derived from a clonal master induced pluripotent stem cell (iPSC) line engineered to express a proprietary CD19-targeting CAR, a novel high-affinity 158V, non-cleavable CD16 (hnCD16) Fc receptor, and a unique interleukin-15...

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Sensata Technologies Provides Business Update Regarding COVID-19 and Withdraws Guidance

SWINDON, United Kingdom, April 02, 2020 (GLOBE NEWSWIRE) — Sensata Technologies (NYSE:ST), a global industrial technology company and a leading provider of sensor-rich solutions that create insights for customers, today announced a series of actions the Company has taken in response to the coronavirus (COVID-19) pandemic to ensure the health and safety of our employees, continue to serve our critical customer needs and further enhance our financial flexibility during a time of economic uncertainty and market disruption.As the COVID-19 pandemic has spread rapidly around the globe, it has become increasingly difficult to quantify the impact on our business as well as to provide a reliable forecast of our future financial performance.  Therefore, Sensata is withdrawing its first quarter and full year 2020 guidance given on February...

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Extraction Provides Update to 2020 Capital and G&A Budgets

DENVER, April 02, 2020 (GLOBE NEWSWIRE) — Extraction Oil & Gas, Inc. (NASDAQ: XOG) (“Extraction” or the “Company”) today announced reductions to its capital and G&A budgets. In response to recent commodity price weakness, The Company has reduced its 2020 upstream capital budget by 42% to $250-300 million. “As we continue to focus on strengthening our balance sheet and maximizing liquidity, we are reducing our activity in light of current challenging economic conditions,” said CEO Matt Owens. “We will continue to monitor oil prices and the economy in general, and we may further adjust our level of activity if market conditions change materially.”The Company also reduced its 2020 cash G&A budget 18% to $40-$50 million, including a reduction in the cash compensation of the Company’s senior management team. “All officers...

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Fortuna provides an update on its response to the worldwide spread of COVID-19

VANCOUVER, British Columbia, April 02, 2020 (GLOBE NEWSWIRE) — Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) provides an update on the status of its operations (refer to Fortuna news release dated March 17, 2020), production and cost guidance for 2020 and its financial position in response to the COVID-19 pandemic.Caylloma Mine, PeruOn Sunday, March 15, 2020, the Government of Peru introduced a series of measures to contain the rapid spread of COVID-19 which included: the closing of international borders and a declaration of a fifteen-day period of mandatory national “social isolation”. The period of social isolation has been subsequently extended to April 12, 2020.The Company is working under the regulatory framework issued by the Ministerio de Energía y Minas (MINEM) and the Ministerio del Interior (MININTER), which allows...

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STONEMOR INC. REPORTS FOURTH QUARTER FINANCIAL RESULTS; INCREASES CASH LIQUIDITY VIA $17 MILLION EQUITY CAPITAL COMMITMENT AND ADDS SIGNIFICANT CUSHION TO DEBT COVENANTS IN RESPONSE TO COVID-19

TREVOSE, Pa., April 02, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, today reported operating and financial results for the 2019 fourth quarter and year ended December 31, 2019 and provided an update on recent liquidity enhancement measures.  Investors are encouraged to read the Company’s annual report on Form 10-K when it is filed with the Securities and Exchange Commission (the “SEC”).  That report, which StoneMor expects to file in the next few days, will contain additional detail, and will be able to be found at www.stonemor.com.FOURTH QUARTER AND FULL YEAR FINANCIAL PERFORMANCERevenues for the three months ended December 31, 2019 were $66.4 million compared to $83.4 million in the prior year period.  Revenues for the twelve...

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