Day: May 1, 2020

Company AnnouncementSubcutaneous formulation of daratumumab, DARZALEX FASPRO™, approved by the U.S. FDA for the treatment of patients with multiple myelomaApproval based on data from Phase III COLUMBA and Phase II PLEIADES studiesIn the studies, the fixed-dose subcutaneous formulation reduced treatment time from hours to minutes and demonstrated similar efficacy and safety with significantly fewer infusion-related reactions compared with the intravenous formulationCopenhagen, Denmark; May 01, 2020 – Genmab A/S (Nasdaq: GMAB) announced today that the U.S. Food and Drug Administration (U.S. FDA) has approved the use of the subcutaneous formulation of daratumumab, DARZALEX FASPRO™ (daratumumab and hyaluronidase-fihj). The Biologics License Application (BLA) for this formulation was submitted by Genmab’s licensing partner, Janssen Biotech,...

TORONTO, May 01, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro” or the “Corporation”) is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of up to 2,000,000 units of Eloro at a price of $0.25 per unit (“Units”) for proceeds of up to $500,000.Each Unit will consist of one common share (“Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.50 per share for a term of 18 months following the closing of the Private Placement.The proceeds of the Private Placement will be used for working capital purposes and to fund exploration at its properties. The Private Placement is subject to approval by the TSX Venture Exchange. Directors and/or...

FENTON, Mich., May 01, 2020 (GLOBE NEWSWIRE) — Fentura Financial, Inc. (OTCQX: FETM, the “Corporation”) today announced that its Board of Directors has authorized a stock repurchase program under which the Corporation can repurchase up to $5 million of the currently outstanding shares of the Corporation’s common stock through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934.The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including constraints specified in any Rule 10b5-1 trading plans, price, general business and market conditions, and alternative investment opportunities. The share buyback program does not obligate the Corporation to acquire...

KELOWNA, British Columbia, May 01, 2020 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID), an international medical cannabis company focused on creating and providing targeted cannabinoid health solutions to address today’s medical issues, wanted to provide an educational piece to the public on Post Traumatic Stress Disorder (PTSD). Allied is pleased to share the substantial positive recognition and coverage that the Company has received from leading global media publications. Over the past year, the Allied Corp message has been recognized in over 200 million media impressions. The Company has been profiled in numerous prestigious publications, including: The Denver Post, Forbes, The Huffington Post, High-Times, iHeartRadio, The Independent and many more. These media features have...

WINDERMERE, FL, May 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — iCoreConnect, Inc.(OTCQB: ICCT) elected John Schneller to the Board of Directors and appointed him as a member of the Audit and Compensation Committees. iCoreConnect is a cloud-based software and technology company focused on increasing productivity and profitability in high-compliance industries.  iCoreConnect is most notably known for its innovation in solving healthcare business problems.  Schneller is the Founder and Managing Partner of CSW Advisors, Inc. a financial advisory firm. He was previously a partner with Scura Partners LLC, a boutique investment banking firm, as well as an investment analyst with New York-based hedge fund Knott Partners, LP.   iCoreConnect President and CEO Robert McDermott shares, “John is an excellent addition to the board.  As...

VANCOUVER, British Columbia, May 01, 2020 (GLOBE NEWSWIRE) — Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 30, 2020 in Vancouver, British Columbia.Voting Results from Annual General MeetingA total of 58,784,953 common shares were voted at the meeting, representing 77.15% of all outstanding shares.  Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:Appointment of AuditorsKPMG LLP, Chartered Professional Accountants, was re-appointed as auditor of Methanex.Votes For (percent): 73.81%Votes Withheld (percent): 26.19%Advisory Vote on Executive CompensationA non-binding advisory vote to accept Methanex’s approach to executive...

AIKEN, S.C., May 01, 2020 (GLOBE NEWSWIRE) — Security Federal Corporation (“Company”) (OTCBB: SFDL), the holding company for Security Federal Bank (“Bank”), today announced earnings results for the quarter ended March 31, 2020.  Net income was $1.1 million or $0.34 per common share (basic) for the quarter ended March 31, 2020 compared to $2.1 million or $0.71 per common share (basic) for the first quarter of 2019. The decrease in earnings was primarily the result of a significant increase in loan loss provision expense due to the added risk of loan defaults resulting from the novel Coronavirus Disease 2019 (COVID-19) pandemic crisis.Response to COVID-19The impact of COVID-19 is rapidly evolving and its future social and economic effects are uncertain at this time. The actual financial impact will depend on many factors beyond our...

CORNING, NY, May 01, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Corning Incorporated (NYSE: GLW), please note that the dateline for the release was incorrectly noted, due to a system error.  The correct release follows.Corning Incorporated’s (NYSE:GLW) Board of Directors on April 30, 2020 declared a quarterly dividend of $0.22 per share on the company’s common stock. The dividend will be payable on June 30, 2020, to shareholders of record on May 29, 2020.Caution Concerning Forward-Looking StatementsThis press release contains “forward-looking statements” (within the meaning of the Private Securities Litigation Reform Act of 1995), which are based on current expectations and assumptions about Corning’s financial results and business operations, that involve substantial risks and uncertainties...

NORTH LIBERTY, Iowa, May 01, 2020 (GLOBE NEWSWIRE) — Heartland Express, Inc. (Nasdaq: HTLD) announced that the 2020 Annual Meeting of Stockholders, which is scheduled for 8:00 a.m. Central Daylight Time, on Thursday, May 14, 2020, has been changed to an audio teleconference instead of an in-person meeting as previously communicated. After reviewing the public health impacts of the COVID-19 pandemic across our state and local communities and considering the safety and well-being of our stockholders and employees, we have determined that the annual meeting will be held via teleconference.The instructions for stockholders of record as of March 16, 2020, to call into the meeting are below:Beginning at 7:45 a.m., up until the start time 8:00 a.m. Central Daylight Time, call 1-877-271-1828 and enter the Participant Passcode 77719219.  You...