Day: May 7, 2020

BELTSVILLE, Md., May 07, 2020 (GLOBE NEWSWIRE) — NextCure, Inc. (Nasdaq: NXTC), a clinical-stage biopharmaceutical company committed to discovering and developing novel, first-in-class immunomedicines to treat cancer and other immune-related diseases, today reported first quarter 2020 financial results and provided a business update.“Throughout the first quarter, NextCure continued to make progress on its pipeline of novel immunomedicines, and we plan to present the initial biomarker data from our Phase 1 portion of the NC318 Phase 1/2 monotherapy clinical trial at the American Society of Clinical Oncology (ASCO) Annual Meeting this month,” said Michael Richman, NextCure’s president and chief executive officer. “We filed an IND for our second product candidate and received FDA clearance for clinical studies in the first quarter....

AURORA, Ontario, May 07, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced voting results from its 2020 annual meeting of shareholders held on May 7, 2020. A total of 232,304,632 Common Shares or 77.71% of our issued and outstanding Common Shares were represented in person or by proxy at the meeting. Shareholders voted in favour of each item of business, as follows:a.        Election of Directors                                                                                       b.        Other Items of BusinessBased on the voting results, each of the 12 nominees was elected with a substantial majority. Similarly, Deloitte was reappointed as Magna’s independent auditors and the Say on Pay resolution was approved, in each case by a substantial majority. Detailed voting results are included as...

STAMFORD, Conn., May 07, 2020 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax segment, today reported financial results for the three months ended March 31, 2020.Highlights for the Quarter:Generated net revenues of $74.4 million.TCE Revenue (1) for the quarter equated to $43.0 million. TCE (1) of $10,075 for the quarter. Realized a net loss of $3.5 million or $0.05 per basic and diluted share. Adjusted EBITDA(1) of $18.8 million.Other highlightsCompleted the scrubber installation program in early April- 41 vessels, or 82% of our fleet, are now fitted with exhaust gas cleanings systems  Looking ahead into the second quarter of 2020, the Company has attained a TCE of $8,110 with approximately 67% of the available...

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announced today that Dundee Corporation (“Dundee Corp.”), currently holder of 19.8% of DPM, has entered into an agreement (the “Agreement”) with RBC Dominion Securities Inc. and Stifel GMP to sell approximately half of its holdings in DPM in order to provide funding for Dundee Corp. and to assist DPM in further broadening its shareholder base.“I am very proud of what we have accomplished since 2003 at DPM,” said Jonathan Goodman, Chair of the Board of Directors of DPM, and Chairman and Chief Executive Officer of Dundee Corp.  “This transaction provides Dundee Corp. with a source of capital and at the same time allows DPM to further broaden its shareholder base and fully achieve its true value potential going forward. Dundee Corp....

OAK RIDGE, N.C., May 07, 2020 (GLOBE NEWSWIRE) — Oak Ridge Financial Services, Inc. (“Oak Ridge”; the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced that it has been named to American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. The ranking is based on a company’s three-year average return on average equity (“ROAE”) through December 31, 2019. ROAE is widely used by investors to analyze business performance. The Company came in at 90, up 20 spots from last year. This is the fourth time the Company has been named to the prestigious list.“It is an incredible honor to be named to American Banker’s Top 200 Community Banks and Thrifts list for the fourth year in a row,” said Tom Wayne, Chief Executive Officer and Chief Financial Officer. “We are proud of the talented...

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the first quarter ended March 31, 2020 and declared a $1.00 per share dividend payable on July 10, 2020 to all common shareholders of record at close of business on June 19, 2020. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada).   Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated.The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2020 and the accompanying notes, our Management Discussion and Analysis for the three months ended March...

Invisalign® Virtual Appointment and Invisalign® Virtual Care represent the next level in practice and care transformation, enabling doctors to manage a range of practice services even when they are not in the same physical location as their patientsSAN JOSE, Calif., May 07, 2020 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) today announced the availability of virtual solutions that help doctors connect with existing Invisalign patients to ensure continuity of care. Invisalign® Virtual Appointment and Invisalign® Virtual Care represent the next level in practice and care transformation, which enable doctors to manage a range of practice services even when they are not in the same physical location as their patients. Until recently, both solutions were in pilot phases but their launch was accelerated to support doctors...

LAFAYETTE, La., May 07, 2020 (GLOBE NEWSWIRE) — LHC Group, Inc. (NASDAQ: LHCG) announced its financial results for the quarter ended March 31, 2020. Unless otherwise noted, all results are compared with the first quarter ended March 31, 2019.First Quarter 2020 Financial ResultsNet service revenue increased 2.0% to $512.9 million.Net income attributable to LHC Group’s common stockholders increased 16.8% to $22.0 million. Earnings per diluted share attributable to LHC Group’s common stockholders increased 16.7% to $0.70.Adjusted net income attributable to LHC Group’s common stockholders was $23.4 million, or $0.75 adjusted earnings per diluted share, compared with $30.7 million, or $0.98 per diluted share, in the same period in 2019. Adjusted results for the first quarter of 2020 exclude a pre-tax amount of $1.5 million in acquisition...

SAN MATEO, Calif., May 07, 2020 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its audited financial and operational results for the three and twelve months ended December 31, 2019, expressed in U.S. dollars. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and on the Canadian Securities Exchange (the “CSE”) website at www.thecse.com.Q4 and Year-End Financial HighlightsRevenues: Net revenues climbed to $13.9M in 2019, representing a 66% year-over-year growth as compared to 2018 net revenues of $8.4M. Net revenues in Q4 2019 reached $3.5M, representing a 4% year-over-year growth as compared to Q4 2018 net revenues of $3.4M. In December 2019, the Company was transitioning to a new distributor,...

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESHALIFAX, Nova Scotia, May 07, 2020 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a 2019 TSX Venture 50™ ranked company focused on the home health care industry, is pleased to announce the release of financial results for the first quarter ended March 31, 2020. All amounts are in United States dollars unless otherwise specified.Nova Leap First Quarter of 2020Highlights for the quarter ended March 31, 2020 included the following:Cash balance of $2,556,873 at March 31, 2020 was the highest reported cash balance in the Company’s history.The Company’s revolving credit facility of $696,000 did not have a balance at the end of Q1 2020, with the full amount available in the future, if required. Q1 2020 EBITDA of...