MESOBLAST PARTNERS WITH THE CARDIOTHORACIC SURGICAL TRIALS NETWORK ESTABLISHED BY THE U.S. NATIONAL INSTITUTES OF HEALTH’S NATIONAL HEART, LUNG AND BLOOD INSTITUTE TO CONDUCT RANDOMIZED CONTROLLED TRIAL OF REMESTEMCEL-L FOR PATIENTS WITH ACUTE RESPIRATORY DISTRESS SYNDROME DUE TO COVID-19

Written by Customer Service on April 8, 2020. Posted in Public Companies.

NEW YORK, April 08, 2020 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB) today announced that its allogeneic mesenchymal stem cell (MSC) product candidate remestemcel-L will be formally evaluated in a randomized, placebo-controlled trial in 240 patients with acute respiratory distress syndrome (ARDS) caused by coronavirus infection (COVID-19). This multi-center Phase 2/3 trial will be conducted as a public-private partnership in a collaboration with the Cardiothoracic Surgical Trials Network (CTSN), which was established by the United States National Institutes of Health’s National Heart, Lung and Blood Institute (NHLBI) as a flexible platform for conducting collaborative trials. Mesoblast holds an Investigational New Drug (IND) Application from the United States Food and Drug Administration (FDA) for use of remestemcel-L...

Conn’s, Inc. Reschedules Fiscal Year 2020 Fourth Quarter Earnings to April 14, 2020

Written by Customer Service on April 8, 2020. Posted in Public Companies.

THE WOODLANDS, Texas, April 08, 2020 (GLOBE NEWSWIRE) — Conn’s, Inc. (NASDAQ: CONN) (“Conn’s” or the “Company”), a specialty retailer of furniture and mattresses, home appliances, consumer electronics and home office products, and provider of consumer credit, today announced that the company will report its fiscal year 2020 fourth quarter financial results on April 14, 2020. Conn’s will host a conference call on April 14, 2020 at 10:00 A.M. CT (11:00 A.M. ET) to review its financial results. The earnings release was rescheduled from the original date of April 9, 2020.Participants can join the call by dialing 877-451-6152 or 201-389-0879. The conference call will also be broadcast simultaneously via webcast on a listen-only basis. A link to the earnings release and webcast will be available at ir.conns.com.About Conn’s, Inc.Conn’s...

Asta Funding, Inc. Announces Going Private Transaction

Written by Customer Service on April 8, 2020. Posted in Public Companies.

ENGLEWOOD CLIFFS, N.J., April 08, 2020 (GLOBE NEWSWIRE) — Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) today announced that it has entered into a definitive merger agreement (the “Merger Agreement”) under which the Stern Group, comprised of Gary Stern, Ricky Stern and certain related parties, will acquire the outstanding publicly held shares of common stock of Asta through the merger of Asta with a wholly-owned subsidiary of Asta Finance Acquisition Inc. (“Parent”), with Asta surviving as a wholly-owned subsidiary of Parent (the “Merger”).Each share of outstanding common stock will be purchased for $11.47 in cash. The purchase price represents a premium of approximately 36.9% to Asta’s closing stock price on April 7, 2020, the last trading day prior to this announcement. The Merger was unanimously approved by the...

KIRKLAND LAKE GOLD REPORTS STRONG FIRST QUARTER 2020 PRODUCTION

Written by Customer Service on April 8, 2020. Posted in Public Companies.

TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production for the first quarter of 2020 (“Q1 2020”) of 330,864 ounces, an increase of 98,985 ounces or 43% from 231,879 ounces for the first quarter of 2019 (“Q1 2019”). Q1 2020 production included 91,555 ounces related to production in Q1 2020 from Detour Lake Mine (“Detour Lake”), following the Company’s acquisition of Detour Gold Corporation (“Detour Gold”) on January 31, 2020. Excluding the impact of Detour Lake Mine, Q1 2020 production was 7,430 ounces or 3% higher than the same period in 2019, reflecting a 24% increase in production from Fosterville. All dollar amounts are expressed in U.S. dollars, unless otherwise noted.Highlights of Q1 2020 production results:Consolidated...

FLYHT Reports Fourth Quarter and Year End 2019 Results

Written by Customer Service on April 8, 2020. Posted in Public Companies.

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the fourth quarter and full year ended December 31, 2019.“In 2019, we finished the year with a positive million dollars in EBITDA and annual revenues that exceeded $21 million dollars. It was a very encouraging year where we earned nearly fifty percent of our revenues in recurring Software as a Service revenues,” said CEO Thomas R. Schmutz. “Our challenge now is to protect our cash and weather this incredibly challenging COVID-19 pandemic.”Fourth Quarter 2019 ResultsRevenues and Other Income increased 6.1% to $4,281,612 compared to the fourth quarter of 2018. This included:SaaS revenue of $2,711,228, an increase of 19.9% from the fourth quarter of 2018;Hardware...

ORCHID ISLAND CAPITAL ANNOUNCES ESTIMATED FIRST QUARTER 2020 RESULTS, APRIL 2020 MONTHLY DIVIDEND AND MARCH 31, 2020 RMBS PORTFOLIO CHARACTERISTICS

Written by Customer Service on April 8, 2020. Posted in Public Companies.

April 2020 Monthly Dividend of $0.055 Per ShareEstimated Book Value Per Share as of March 31, 2020 of $4.64Estimated GAAP net loss of $1.42 per share for the quarter ended March 31, 2020, including an estimated $1.66 per share of net realized and unrealized losses on RMBS and derivative instrumentsEstimated (22.2)% total return on equity for the quarterEstimated book value per share as of April 7, 2020 of approximately $4.83 to $4.93Estimated debt to equity leverage ratio as of April 7, 2020 of approximately 8.6x to 8.8xEstimated book value, net loss and total return on equity amounts are preliminary, subject to change, and subject to review by the Company’s independent registered public accounting firmRMBS Portfolio Characteristics as of March 31, 2020Next Dividend Announcement Expected May 13, 2020Vero Beach, Fla., April 08, 2020 (GLOBE...

PROGRESSIVE PROVIDES $1 BILLION TO CUSTOMERS

Written by Customer Service on April 8, 2020. Posted in Public Companies.

As a result of the pandemic, insurer finds ways to help customers, employees, agents and communities through its comprehensive “Apron Relief Program”MAYFIELD VILLAGE, OHIO, April 08, 2020 (GLOBE NEWSWIRE) — (NYSE: PGR) – Over the last few weeks, the entire country has faced hardship due to COVID-19. Progressive Insurance remains committed to assisting customers and today announced it is providing approximately $1 billion to them as a result of fewer claims that come with less frequent driving.“We understand how difficult and uncertain people’s lives are right now. While auto insurance might not be the most pressing topic on everyone’s mind, we know that finances could be. For our customers who have trusted us to be there in their times of need, we’re fulfilling that promise. We want them to know how much we care,” said Progressive...

Huntington Ingalls Industries Begins Fabrication of Destroyer Ted Stevens (DDG 128)

Written by Customer Service on April 8, 2020. Posted in Public Companies.

PASCAGOULA, Miss., April 08, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division officially started fabrication of the Arleigh Burke-class (DDG 51) destroyer Ted Stevens (DDG 128) on Monday. The start of fabrication signifies the first 100 tons of steel have been cut.“As we begin this important milestone in the construction of another great warship, we look forward to continuing production and carrying on the extraordinary legacy of the Navy destroyer fleet,” Ingalls DDG 51 Program Manager George Nungesser said.The ship’s name honors former U.S. Sen. Ted Stevens, who served as a pilot in World War II and later as a senator representing Alaska. At the time he left office in 2009, he was the longest-serving Republican U.S. Senator in history.Ingalls has delivered 31 Arleigh Burke-class...

Altera Infrastructure L.P. announces Petrojarl Knarr contract extension

Written by Customer Service on April 8, 2020. Posted in Public Companies.

PEMBROKE, Bermuda, April 08, 2020 (GLOBE NEWSWIRE) — Altera Infrastructure L.P. (the “Partnership”) today announced that its subsidiary Teekay Knarr AS has entered into a contract amendment with AS Norske Shell, as operator for and on behalf of the Knarr field licence partners (the “Operator”), that extends the contract for the lease and operation of the Petrojarl Knarr FPSO (the “Vessel”) until at least March 2022.The vessel has been operating on the Knarr field since 2015 under a firm duration until March 2021, which included a further fee payable by the Operator if the contract was not extended through to 2025 and with additional extension options thereafter. The contract amendment includes a reduction in day rate from March 2021 to March 2022 and the removal of the fee payable by the Operator if the contract was not extended,...

CEMATRIX Corporation Announces $3,000,000 Brokered Private Placement Co-led by Gravitas Securities and Clarus Securities

Written by Customer Service on April 8, 2020. Posted in Public Companies.

CALGARY, Alberta, April 08, 2020 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (the “Company” or “CEMATRIX”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products has appointed Gravitas Securities Inc. and Clarus Securities Inc. as co-lead agents to sell, by way of private placement on a commercially reasonable best efforts basis, up to 3,000 unsecured convertible debentures (a “Convertible Debenture”) of the Company at a price of $1,000 per Convertible Debenture for gross proceeds of up to $3,000,000. The co-lead agents involved within the financing are arm’s length to the Company.Each Convertible Debenture in the principal amount of $1,000 will pay 8.0% cash interest and will mature on the date that is 3 years from the issuance and can be convertible, at the election...

Day: April 8, 2020

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