Month: April 2020

Deliveries to Maintain National Security Expected to Start in Second Quarter 2020     NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company focused on the health security market, today announced the exercise of options under its 2018 Biomedical Advanced Research and Development Authority (BARDA) contract (“19C BARDA Contract”) worth a total of approximately $101.3 million for the procurement of oral TPOXX for the treatment of smallpox (tecovirimat).  Deliveries of oral TPOXX to maintain national preparedness under these option exercises are expected to start in the second quarter of 2020 and be completed by April 2021.  With the above-mentioned exercise of options, all procurement options under CLIN 9 (contract line item number 9) of the 19C BARDA Contract...

CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — At its Annual and Special Meeting of Shareholders held on April 29, 2020, Husky Energy Inc. (TSX:HSE) announced the election of 16 nominees proposed for its Board of Directors as listed in the Management Information Circular dated March 24, 2020. KPMG LLP was appointed as auditors of the Corporation until the close of the next Annual Meeting of Shareholders.The amendments to By-Law No. 1 of the Corporation were confirmed.Investor and Media Inquiries:Leo Villegas, Senior Manager, Investor Relations403-513-7817Kim Guttormson, Manager, Communication Services403-298-7088

Not for distribution in the United StatesVANCOUVER, British Columbia, April 29, 2020 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) is pleased to announce that it has filed a renewal preliminary base shelf prospectus (the “Preliminary Base Shelf Prospectus“) with the securities regulatory authorities in each of the provinces and territories of Canada. The renewal provides for continuity of the Base Shelf Prospectus filed by the Company on March 26, 2018.After a receipt is issued for the final base shelf prospectus (the “Final Base Shelf Prospectus”), Sabina will be able to conduct offerings in the maximum aggregate amount of $500 million of any combination of common shares, debt securities, warrants, subscription receipts and units during the 25-month period that the...

PALO ALTO, Calif., April 29, 2020 (GLOBE NEWSWIRE) — Tesla has released its financial results for the first quarter of 2020 by posting an update on its Investor Relations website. Please visit http://ir.tesla.com to view the update.As previously announced, Tesla management will host a live question & answer (Q&A) webcast at 3:30 p.m. Pacific Time (6:30 p.m. Eastern Time) to discuss the results and outlook.What: Tesla First Quarter 2020 Financial Results Q&A WebcastWhen: Wednesday, April 29, 2020Time: 3:30 p.m. Pacific Time / 6:30 p.m. Eastern TimeQ1 2020 Update: http://ir.tesla.comWebcast: http://ir.tesla.com (live and replay)    The webcast will be archived on the company’s website following the call.

ROLLING MEADOWS, Ill., April 29, 2020 (GLOBE NEWSWIRE) — MYR Group Inc. (“MYR”) (NASDAQ: MYRG), a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets in the United States and western Canada, announced today its first-quarter 2020 financial results.HighlightsFirst quarter revenues of $518.5 millionFirst-quarter net income attributable to MYR of $9.9 million, or $0.59 per diluted shareFirst-quarter EBITDA of $27.4 millionRecord backlog of $1.54 billionManagement CommentsRick Swartz, MYR’s President and CEO, said, “Our first-quarter 2020 financial results included $518.5 million of revenues, a 10.8 percent increase over the first quarter of 2019, and increases in gross profit, earnings per share, net income and EBITDA. Backlog in the first quarter...

Full Enrollment of Two Phase 3 Trials in Geographic Atrophy Expected in the Second Quarter of 2020Meetings with US and EU Regulators to Discuss Submissions in Paroxysmal Nocturnal Hemoglobinuria (PNH) Planned for the Second Quarter of 2020Completion of Enrollment in Phase 3 PRINCE Trial in Treatment-Naïve PNH Patients also Expected in Second Quarter of 2020Cash and Investments of $648 Million as of March 31, 2020WALTHAM, Mass., April 29, 2020 (GLOBE NEWSWIRE) —  Apellis Pharmaceuticals, Inc. (Nasdaq: APLS), a global biopharmaceutical company pioneering targeted C3 therapies, today announced its first quarter 2020 financial results and business highlights.“This past quarter, the COVID-19 pandemic presented the biotechnology industry – and the world – with many serious challenges. At Apellis, we have been fortunate on several fronts....

First Quarter 2020 HighlightsQ1 revenue of $154.2 million, up 6.0% year-over-yearQ1 Subscription-based platform revenue of $137.1 million, up 13.1% year-over-year, equating to 89% of Q1 total revenueQ1 net loss of $1.7 million, resulting in diluted net loss of $0.01 per shareQ1 Non-GAAP net income of $16.2 million, up 10% year-over-year, resulting in Non-GAAP net income of $0.11 per shareQ1 Adjusted EBITDA of $47.5 million, up 7% year-over-year, resulting in Adjusted EBITDA margin of 30.8%Q1 net cash provided by operating activities of $14.1 millionQ1 new sales Annual Contract Value (ACV)1 totaled $45.5 millionDebt & Cash HighlightsExecuted repricing of credit facility on February 11, 2020, decreasing applicable interest rateExecuted proactive opportunistic draw down on revolver for $99 million on March 13, 2020Cash balance as of...

Converse, IN, April 29, 2020 (GLOBE NEWSWIRE) — In the brief period since the federal passage of the CARES Act, First Farmers Bank & Trust has joined forces with banks around the country to assist business owners to secure emergency financing through the Payroll Protection Program (PPP). Through two periods of applications, FFBT employees have increased work schedules and expedited the traditional application and underwriting process to help commercial clients navigate this program.  Since April 3rd, over 1000 FFBT business clients have obtained low interest loans to help assist the needs of furloughed employees and maintain the stability of the small business economy. All loans are 100% guaranteed by the Small Business Administration (SBA). If businesses utilize at least 75% of the proceeds for payroll expense, a large portion...

OVERLAND PARK, Kan., April 29, 2020 (GLOBE NEWSWIRE) — YRC Worldwide Inc. (NASDAQ: YRCW), announced today that on Tuesday May 5, 2020, at 5:00 p.m. ET, company executives will host a conference call with the investment community to discuss first quarter 2020 results. The financial results will be released the same day, May 5, 2020, after the market closes.The call will be webcast and can be accessed live or as a replay via the YRC Worldwide website yrcw.com.About YRC WorldwideYRC Worldwide Inc., headquartered in Overland Park, Kan., is the holding company for a portfolio of less-than-truckload (LTL) companies including Holland, New Penn, Reddaway, and YRC Freight, as well as the logistics company HNRY Logistics. Collectively, YRC Worldwide companies have one of the largest, most comprehensive logistics and LTL networks in North...

SUNNY ISLES BEACH, Fla., April 29, 2020 (GLOBE NEWSWIRE) — Icahn Enterprises L.P. (NASDAQ:IEP) announced today that it will discuss its first quarter 2020 results on a conference call and webcast on Friday, May 8, 2020 – 10:00 a.m. Eastern Time. The webcast can be viewed live on Icahn Enterprises L.P.’s website at www.ielp.com. It will be archived and made available at www.ielp.com under the Investor Relations section. The toll-free dial-in number for the conference call in the United States is (866) 393-0676. The international number is (253) 237-1149. The passcode to access the conference call is 6985725.Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate and Home Fashion.Caution...