Day: April 9, 2020
Consolidated revenue increased 3.7% and adjusted EBITDA improved 9.5% year-over-year, in line with expectations and including the impact of IFRS 16 in fiscal 2020Wireless service revenue and ARPU increased 19.6% and 3.1%, respectively, year-over-year as Freedom Mobile continues to grow its customer base, including an additional 54,000 postpaid subscribers in the quarterStable Wireline trends including continued Business revenue growth, adjusted EBITDA margin of 48.8% and the addition of 6,100 Consumer Internet subscribers in the quarterRapidly evolving COVID-19 pandemic and pressure in commodity prices creates significant economic uncertainty with respect to forward-looking views and assumptions; however, the Company expects to deliver adjusted EBITDA growth in fiscal 2020 and Free Cash Flow is expected to be substantially in line with...
Pieridae to Hold Conference Call and Webcast on Fourth-Quarter and Year-End 2019 Results
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORDISSEMINATION IN UNITED STATESCALGARY, Alberta, April 09, 2020 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA – TSXV) will release its fourth-quarter and year-end 2019 results on Thursday, April 16, 2020 prior to markets opening.Chief Executive Officer Alfred Sorensen, Chief Financial Officer Rob Dargewitcz and other members of the Pieridae leadership team will discuss the financial results and Company developments at 9:30 a.m. (MDT) / 11:30 a.m. (EDT).Members of the investment community, shareholders and other interested parties are invited to participate by calling toll-free: 1-888-664-6392, Calgary: 587-880-2171, or Toronto: 416-764-8659. Please dial in 10 minutes prior to the start of the call. No pass code is required. A live webcast...
COVID-19 Preventative Measures for Capital Power’s 2020 Annual Meeting
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EDMONTON, Alberta, April 09, 2020 (GLOBE NEWSWIRE) — Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that due to provincial COVID-19 public health orders and recommendations regarding mass gatherings and social distancing, shareholders are encouraged to vote in advance of the Company’s 2020 Annual Meeting (“the Meeting”) and remind them that proxy voting instructions are included in the 2020 Notice and Access Notification to Shareholders (Management Proxy Circular).As COVID-19 continues to impact our communities, Capital Power remains committed to doing our part to ensure the safety of our employees and stakeholders at this time (read our statement from Brian Vaasjo, President and CEO). To limit the spread of COVID-19, shareholders and other guests are strongly encouraged not to attend the...
BioCryst Begins Clinical Trial with Galidesivir for Treatment of Patients with COVID-19
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RESEARCH TRIANGLE PARK, N.C., April 09, 2020 (GLOBE NEWSWIRE) — BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) today announced that the company has opened enrollment into a randomized, double-blind, placebo-controlled clinical trial to assess the safety, clinical impact and antiviral effects of galidesivir in patients with COVID-19. The trial (NCT03891420) is being funded by the National Institute of Allergy and Infectious Diseases (NIAID), part of the National Institutes of Health.Galidesivir is an investigational broad-spectrum antiviral drug that was safe and well tolerated in previously reported Phase 1 trials in healthy subjects. Galidesivir has demonstrated broad-spectrum activity in vitro against more than 20 RNA viruses in nine different families, including the coronaviruses that cause MERS and SARS.In the COVID-19 trial,...
Conformis to Hold Virtual Annual Meeting of Stockholders on April 27, 2020
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BILLERICA, Mass., April 09, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ: CFMS) today announced that, due to the public health impact of the novel coronavirus outbreak and governmental restrictions limiting the number of people who may gather together, and to support the health and well-being of its stockholders, employees and communities, its 2020 annual meeting of stockholders, to be held on Monday, April 27, 2020 at 4:30 p.m. Eastern time, has been changed to a virtual meeting. Stockholders will be able to participate in this year’s Annual Meeting only via the virtual meeting.Stockholders are entitled to participate in the Annual Meeting if they were a stockholder at the close of business on February 27, 2020, the record date, or hold a legal proxy for the meeting provided by the stockholder’s bank, broker or nominee as of...
PAVmed Reports Preliminary Fourth Quarter 2019 Financial Results and Provides Business Update
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Conference call to be held today at 4:30 p.m. Eastern timeNEW YORK, April 09, 2020 (GLOBE NEWSWIRE) — PAVmed Inc. (Nasdaq: PAVM, PAVMZ) (the “Company” or “PAVmed”), a highly differentiated, multiproduct medical device company, today reported preliminary financial results for the three and 12 months ended December 31, 2019 and provided a business update.“The fourth quarter of 2019 and beginning of 2020 have been notable for many important accomplishments including PAVmed’s successful transition into a commercial stage company,” said Lishan Aklog, M.D., PAVmed’s Chairman and Chief Executive Officer. “Although our industry, nation and world are facing enormous challenges as a result of the Covid-19 pandemic, we are fortunate that our corporate structure and culture are well suited to address these challenges with minimal short-term...
Foran Announces a $500,000 Non-Brokered Private Placement
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, April 09, 2020 (GLOBE NEWSWIRE) — Foran Mining Corporation (TSX-V: FOM) (the “Company” or “Foran”) announces a proposed non-brokered private placement for gross proceeds of up to $500,000 (the “Offering”) at $0.10 per unit (“Unit”). Each Unit will consist of one common share of the Company (a “Common Share”) and one half of one Common Share purchase warrant (each whole Common Share purchase Warrant a “Warrant”). Each whole Warrant will entitle the holder (“Warrant Holder”) thereof to acquire a Common Share at a price of $0.15 for thirty-six months following the issuance of Warrants, provided that in the event the closing price of Common Shares on the TSX Venture Exchange (the “TSXV”) shall equal or exceed...
WPT INDUSTRIAL REIT ANNOUNCES TIMING OF FIRST QUARTER 2020 RESULTS & CONFERENCE CALL
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TORONTO, April 09, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U, WIR.UN – OTCQX: WPTIF) will issue its results for the quarter ended March 31, 2020 on the afternoon of Wednesday, May 13, 2020. A conference call hosted by the REIT’s management team will be held on Thursday, May 14, 2020 at 10:00 am Eastern Time.The telephone numbers to participate in the conference call are:Canada Toll Free: (855) 669-9657U.S. Toll Free: (888) 249-8268International: (412) 902-4153The conference call will also be webcast over the REIT’s web site at www.wptreit.com. Please click on “Investors” and follow the link. Participants are requested to dial-in or access the webcast at least ten minutes before the start time.The telephone numbers to listen to the call after it is completed (Instant Replay)...
NW Natural Holdings Announces Dividend
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PORTLAND, Ore., April 09, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Northwest Natural Holding Company (NYSE: NWN) has declared a quarterly dividend of 47.75 cents per share on the Company’s common stock.The dividend will be paid on May 15, 2020 to shareholders of record on April 30, 2020. The Company’s indicated annual dividend rate is $1.91 per share.About NW Natural HoldingsNorthwest Natural Holding Company, (NYSE: NWN) (NW Natural Holdings), is headquartered in Portland, Oregon, and through its subsidiaries has been doing business for more than 160 years. It owns NW Natural Gas Company (NW Natural), NW Natural Water Company (NW Natural Water), and other business interests and activities.NW Natural is a local distribution company that currently provides natural gas service to approximately 2.5 million people...
Artisan Partners Asset Management Inc. Reports March 2020 Assets Under Management
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MILWAUKEE, April 09, 2020 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of March 31, 2020 totaled $95.2 billion. Separate accounts1 accounted for $50.8 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $44.4 billion.As of the date of this filing, firm-wide year-to-date net client cash flows are positive. We are providing this interim update on cash flows in light of recent market volatility and increased client and prospect inquiries about the recent demand for our investment strategies. We will provide more detail and an update on year-to-date client cash flows with our first quarter earnings reporting.1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds...