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Day: May 6, 2020

Brookfield Renewable Announces Strong First Quarter Results

All amounts in U.S. dollars unless otherwise indicatedBROOKFIELD, News, May 06, 2020 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable” or “BEP“) today reported financial results for the three months ended March 31, 2020.“We are currently in the midst of an unprecedented global health and financial crisis,” said Sachin Shah, CEO of Brookfield Renewable. “In spite of the significant market volatility and a potentially deep recession, our operations remain resilient, our earnings are expected to be stable, and our financial position, which allows us to pursue growth, is in excellent shape.”Brookfield Renewable reported FFO of $217 million for the three months ended March 31, 2020, or $212 million on a normalized basis ($0.68 per unit), a 5% increase from the prior year....

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Reliance Steel & Aluminum Co. Announces Virtual Participation at The Bank of America Securities 2020 Global Metals, Mining and Steel Conference

LOS ANGELES, May 06, 2020 (GLOBE NEWSWIRE) — Reliance Steel & Aluminum Co. (NYSE: RS) announced today that James Hoffman, President and Chief Executive Officer, and Karla Lewis, Senior Executive Vice President and Chief Financial Officer, will participate virtually in the Bank of America Securities 2020 Global Metals, Mining and Steel Conference on Wednesday, May 13, 2020. Reliance is scheduled to present virtually at 12:00 p.m. ET and will participate in virtual meetings with investors throughout the day.The presentation will be webcast live over the Internet, hosted on the Investors section of the Company’s website at investor.rsac.com. In addition to the live webcast, a replay will be available on the Company’s website for 90 days following the event.About Reliance Steel & Aluminum Co.Founded in 1939 and headquartered...

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Kirkland Lake Gold Reports Strong Financial and Operating Results in Q1 2020

TORONTO, May 06, 2020 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s financial and operating results for the first quarter of 2020 (“Q1 2020”). A number of key developments occurred in Q1 2020, including the unprecedented challenges related to the COVID-19 pandemic and extensive measures taken by the Company to protect its workforce; the acquisition of Detour Gold Corporation (“Detour Gold”) on January 31, 2020, with Detour Lake Mine contributing significant free cash flow in its first two months with the Company; as well as the suspension of operations at non-core assets. Also during Q1 2020, the value creation potential of the Company’s three cornerstone assets was demonstrated, with strong year-over-year growth in net earnings and earnings...

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Talenom Oyj:n uudet osakkeet on merkitty kaupparekisteriin

Talenom Oyj, pörssitiedote 6.5.2020 kello 13:40Talenom Oyj:n uudet osakkeet on merkitty kaupparekisteriinTalenom Oyj tiedotti lehdistötiedotteella 4.5.2020 yrityskaupasta, johon liittyneessä suunnatussa osakeannissa merkityt 77 747 uutta osaketta on rekisteröity kaupparekisteriin tänään 6.5.2020.Talenom Oyj:n osakkeiden kokonaismäärä uusien osakkeiden rekisteröinnin jälkeen on 42 835 273 osaketta. Uudet osakkeet tuottavat osakkeenomistajan oikeudet niiden rekisteröintipäivästä lukien.Osakeannissa liikkeeseen lasketut osakkeet otetaan myöhemmin kaupankäynnin kohteeksi Nasdaq Helsinki Oy:n pörssilistalla.TALENOM OYJHALLITUSLisätietoja:Otto-Pekka Huhtalatoimitusjohtaja, Talenom Oyj040 703 8554otto-pekka.huhtala@talenom.fiTalenom on vuonna 1972 perustettu tilitoimisto, joka tarjoaa asiakkailleen laajan valikoiman tilitoimistopalveluja sekä...

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Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2020 and Declaration of a Quarterly Dividend

MONACO, May 06, 2020 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE: STNG) (“Scorpio Tankers” or the “Company”) today reported its results for the three months ended March 31, 2020.  The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Company’s common stock.Results for the three months ended March 31, 2020 and 2019For the three months ended March 31, 2020, the Company had a net income of $46.6 million, or $0.85 basic and $0.82 diluted earnings per share. There were no Non-IFRS adjustments to the net income for the three months ended March 31, 2020.For the three months ended March 31, 2019, the Company had net income of $14.5 million, or $0.30 basic and diluted earnings per share.  For the three months ended March 31, 2019, the Company’s adjusted...

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Jounce Therapeutics Reports First Quarter 2020 Financial Results

– Updating guidance on EMERGE and SELECT Phase 2 trials due to COVID-19 –– Announcing CCR8 as JTX-1811 target; new preclinical data to be presented at the AACR 2020 June virtual meeting –– Ended the quarter with $148.6 million in cash, cash equivalents and investments –– Company to host conference call and webcast today at 8:00 AM ET –CAMBRIDGE, Mass., May 06, 2020 (GLOBE NEWSWIRE) — Jounce Therapeutics, Inc. (NASDAQ: JNCE), a clinical-stage company focused on the discovery and development of novel cancer immunotherapies and predictive biomarkers, today reported financial results for the first quarter ended March 31, 2020 and provided a corporate update.“The start to 2020 has been marked by unprecedented times as the impact of the ongoing COVID-19 pandemic has been felt globally. Through this challenging environment, Jounce remains...

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ProMIS Neurosciences develops novel antagonists for RACK1, a protein involved in numerous neurodegenerative diseases, including ALS

TORONTO and CAMBRIDGE, Mass., May 06, 2020 (GLOBE NEWSWIRE) — ProMIS Neurosciences, Inc. (TSX: PMN) (OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics targeting toxic oligomers implicated in the development of neurodegenerative diseases, has identified novel antagonists against the receptor for activated protein kinase C 1 (RACK1) that prevent the formation of dysfunctional protein aggregates and act to restore normal function. Evidence indicates that targeting RACK1 is a promising new strategy to address the complex mechanisms involved in the pathogenesis of neurodegenerative diseases, including amyotrophic lateral sclerosis (ALS).The novel antagonists against RACK1 are designed to prevent normal brain protein from forming clumps that impair proper neuronal functioning and...

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Blucora Announces First Quarter 2020 Results

IRVING, Texas, May 06, 2020 (GLOBE NEWSWIRE) — Blucora, Inc. (NASDAQ: BCOR), a leading provider of tax-smart financial solutions that empower people to achieve their goals, today announced financial results for the first quarter ended March 31, 2020.First Quarter Highlights and Recent DevelopmentsIncreased total revenue by 17% year-over-year (y/y), including addition of 1st GlobalStrong cash position through healthy cash flows and access to credit, ending the quarter with $168.2 million in cash and cash equivalentsAchieved $390 million of net flows in to Advisory Assets and $124 million into Total Client AssetsTotal Client Assets ended the quarter at $61.0 billion, with $23.6 billion, or 38.7%, in Advisory AssetsNew leadership additions and organizational realignment to support and accelerate our growth prioritiesRecorded impairment...

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Nanotech’s KolourOptik Platform Finalist for Best New Currency Innovation by IACA

VANCOUVER, British Columbia, May 06, 2020 (GLOBE NEWSWIRE) — Nanotech Security Corp. (TSXV: NTS) (OTCQX: NTSFF) (“Nanotech” or the “Company”), a leader in the development of secure and memorable nano-optic security features used in the government and banknote and brand protection markets, announces it is a finalist for the International Association of Currency Affairs (“IACA”) 2020 Excellence in Currency Technical Awards, in the category of ‘Best New Currency Innovation’.The nomination recognizes Nanotech’s recent advances in its KolourOptik® technology platform, specifically its innovative process of using hybrid micro and nanostructures for creating optically variable banknote security features. Nanotech has invested more than ten years and over $20 million to develop this revolutionary, patented nanotechnology platform that is...

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