Day: April 28, 2020

Demonstrated seroprotection rate of 86.4% at week 20 after 4 standard doses of HEPLISAV-BSafety data showed HEPLISAV-B was well toleratedCompany to host webinar review of data Thursday, April 30, 2020 at 1:00 p.m. ET/10:00 a.m. PT EMERYVILLE, Calif., April 28, 2020 (GLOBE NEWSWIRE) — Dynavax Technologies Corporation (Nasdaq: DVAX), a biopharmaceutical company focused on developing and commercializing novel vaccines, today reported immunogenicity and safety data from an interim analysis of the ongoing clinical trial evaluating HEPLISAV-B® [Hepatitis B Vaccine (Recombinant), Adjuvanted] in patients undergoing hemodialysis. This data was chosen for oral presentation at the National Foundation for Infectious Diseases (NFID) 2020 Annual Conference on Vaccinology Research (ACVR), a premier forum for the exchange of scientific and clinical...

WESTFIELD, Mass., April 28, 2020 (GLOBE NEWSWIRE) — Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced today the unaudited results of operations for the three months ended March 31, 2020. The Company reported net income of $2.1 million, or $0.08 per diluted share, for the three months ended March 31, 2020, as compared to net income of $3.4 million, or $0.13 per diluted share, for the three months ended March 31, 2019, and as compared to net income of $3.4 million, or $0.13 per diluted share, for the three months ended December 31, 2019.The Company also announced that the Board of Directors declared a quarterly cash dividend of $0.05 per share, payable on or about May 27, 2020 to shareholders of record on May 13, 2020.James C. Hagan, President...

RALEIGH, N.C., April 28, 2020 (GLOBE NEWSWIRE) — The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) declared on April 28, 2020, a quarterly dividend of 40 cents per share on the Class A and Class B common stock. The dividend is payable July 6, 2020, to shareholders of record June 15, 2020.ABOUT FIRST CITIZENS BANCSHARESFirst Citizens BancShares Inc. is the financial holding company for First Citizens Bank. First Citizens Bank provides a broad range of financial services to individuals, businesses, professionals and the medical community through more than 570 branch offices in 19 states, digital banking, ATMs and telephone banking. As of March 31, 2020, BancShares had total assets of $41.59 billion. For more information, visit First Citizens’ Web site at firstcitizens.com.Barbara ThompsonFirst Citizens BancShares(919)...

KANSAS CITY, Mo., April 28, 2020 (GLOBE NEWSWIRE) — Cerner Corporation (Nasdaq: CERN) today announced results for the 2020 first quarter that ended March 31, 2020.Bookings in the first quarter of 2020 were $1.09 billion, at the low end of the Company’s expectations as the outbreak of the COVID-19 pandemic in mid-March caused the volume of contracts to be lower than normal in the last two weeks of the quarter.First quarter 2020 revenue was $1.41 billion, an increase of 2 percent compared to $1.39 billion in the first quarter of 2019 and slightly below the company’s expectations due to the lower level of bookings in the quarter as well as travel restrictions implemented by the company in response to the pandemic.On a U.S. Generally Accepted Accounting Principles (GAAP) basis, first quarter 2020 net earnings were $147 million and diluted...

RALEIGH, N.C., April 28, 2020 (GLOBE NEWSWIRE) —  First Citizens BancShares Inc. (“BancShares”) (Nasdaq: FCNCA) reported earnings for the first quarter of 2020 which were impacted by the global spread of the coronavirus (“COVID-19”) and its effects on the economic environment. Key results for the quarter ended March 31, 2020, are presented below:COVID-19 CRISIS PREPAREDNESS AND RESPONSEChairman and CEO, Frank B. Holding, Jr. Comments“We know the coronavirus and prevention measures are directly impacting everyone in a deeply personal way. We understand that it’s a stressful and challenging time for many and we’re here to assist. We’re working day and night to help our associates, customers and communities through this. At First Citizens, our financial position is strong. We’ve been in business for 122 years and continue to focus...

BOSTON, April 28, 2020 (GLOBE NEWSWIRE) — Rapid7, Inc. (“Rapid7”) (Nasdaq: RPD) today announced that it intends to offer, subject to market conditions and other factors, $200 million aggregate principal amount of convertible senior notes due 2025 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Rapid7 also intends to grant the initial purchasers of the notes an option to purchase up to an additional $30.0 million aggregate principal amount of notes.The notes will be general unsecured obligations of Rapid7 and will accrue interest payable semiannually in arrears. The notes will be convertible into cash, shares of Rapid7’s common stock or a combination of cash and shares of Rapid7’s common stock, at...

ACM’s First Furnace Product Targets LPCVD Initially, Oxidation, Annealing and ALD in FutureDemonstrates Effectiveness of Korea and China R&D Team CollaborationFREMONT, Calif., April 28, 2020 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM” or the “Company”) (NASDAQ:ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today unveiled the Ultra Furnace, its first system developed for multiple dry processing applications. Initially optimized to deliver high performance for low-pressure chemical vapor deposition (LPCVD), the Ultra Furnace also leverages the same platform to be used for oxidation and annealing processes, as well as for atomic layer deposition (ALD). This achievement represents a two-year collaboration between ACM’s R&D teams located in China and Korea.“Advanced technology...

ATLANTA, April 28, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced its unaudited financial results for the first quarter ended March 31, 2020.Quarterly HighlightsRevenue of $36.8 million, which was negatively impacted by approximately $0.7 million from a strengthening US dollar during the first quarter of 2020Adjusted EBITDA from continuing operations of $3.5 million, the highest first quarter Adjusted EBITDA in seven years; net loss from continuing operations of $3.9 millionOver 75% of Revenue from clients in sectors providing essential goods and services during the COVID-19 pandemicReaffirms 2020 annual guidance for Adjusted EBITDA from continuing operations of $28 million to $30 million“The first quarter of 2020 marks the Company’s highest...

Record Mortgage Banking and Wealth Management Performance Highlight Q1 ResultsWell Positioned Balance Sheet with Strong Capital and LiquiditySTUART, Fla., April 28, 2020 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the first quarter of 2020 of $0.7 million, or $0.01 per diluted share, including $4.6 million in merger-related charges and provision for loan losses of $29.5 million. The net interest margin increased 9 basis points to 3.93%, the ratio of tangible common equity to tangible assets was 10.68% and Tier 1 capital was 15.5% at March 31, 2020.Dennis S. Hudson, III, Seacoast’s Chairman and CEO, said, “Our results for the first quarter of 2020, as with all businesses, must be framed within the context of COVID-19 and its impact on our...

Rockville, MD, April 28, 2020 (GLOBE NEWSWIRE) —MacroGenics, Inc. (Nasdaq: MGNX), a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced that its 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”) will now be held by means of a virtual format only due to the public health and safety concerns related to the novel coronavirus (COVID-19) pandemic and related recommendations and orders from federal and state governmental authorities.The date and time of the meeting, May 14, 2020 at 9:00 a.m. ET, as disclosed in MacroGenics’ proxy statement for the meeting, has not changed. Stockholders will not be able to attend the 2020 Annual Meeting in person.As described in the proxy materials for the 2020 Annual...