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Day: May 21, 2020

AMAG Pharmaceuticals Completes Sale of its Rights to Intrarosa® to Millicent Pharma for up to $125 Million

Transaction allows AMAG to advance its strategic focus on Feraheme, Makena and its pipeline, consistent with previously announced plansMillicent Pharma uniquely positioned to drive revenue growth of IntrarosaWALTHAM, Mass., May 21, 2020 (GLOBE NEWSWIRE) — AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) today announced it has completed the sale of its rights to Intrarosa® (prasterone) to Millicent Pharma Limited, a global pharmaceutical company formed by the Millicent Pharma management team and The Carlyle Group in 2018 that specializes in women’s health and menopause-related conditions, for up to $125 million, including upfront fixed consideration of $20 million and contingent, sales-based milestone payments of up to $105 million. “As mentioned in our first quarter earnings release, the sale of Intrarosa is an important step in our strategic...

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Silvercorp Reports Net Income of $34.3 Million, $0.20 Per Share, and Cash Flow From Operations of $77.2 Million for Fiscal 2020

VANCOUVER, British Columbia, May 21, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX: SVM) (NYSE American: SVM) reported its financial and operating results for the fourth quarter and twelve months ended March 31, 2020 (“Fiscal 2020”). All amounts are expressed in US Dollars.Despite the extended shut-down during the three months ended March 31, 2020 (“Q4 Fiscal 2020”) due to COVID-19, the Company was able to achieve full year production target, surpassing its Fiscal 2020 guidance. As reported in the Company’s news release dated May 7, 2020, the Company’s operations were ramped up to full capacity in March 2020 with no employee infection and the Company is in full compliance with government measures to prevent spread of COVID-19. FISCAL YEAR 2020 HIGHLIGHTS  

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Option Care Health Selected as Preferred Pharmacy Partner To Prepare and Distribute Breakthrough Cancer Therapy

BANNOCKBURN, Ill., May 21, 2020 (GLOBE NEWSWIRE) — Option Care Health, Inc. (“Option Care Health” or the “Company”) (NASDAQ: OPCH), the nation’s largest independent provider of home and alternate site infusion services, has been selected by UroGen Pharma (NASDAQ: URGN) as a preferred national pharmacy provider to prepare and deliver a first-of-its-kind cancer treatment, Jelmyto™ (mitomycin) for pyelocalyceal solution.The new formulation offers a novel approach for treating adults with low-grade upper tract urothelial cancer (LG-UTUC), targeting tumors directly with a drug that changes form as it warms and must be provided by the physician within eight hours of preparation. To ensure the drug will be prepared, shipped and provided to the patient within the required time period and in accordance with product labeling requirements...

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Willis Towers Watson Prices Offering of $275,000,000 of Additional Senior Notes

ARLINGTON, Va. and LONDON, May 21, 2020 (GLOBE NEWSWIRE) — Willis Towers Watson Public Limited Company (NASDAQ: WLTW) (“Willis Towers Watson”), today announced pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of Willis Towers Watson, of an additional $275,000,000 aggregate principal amount of 2.950% senior unsecured notes due 2029 (the “new notes”). The new notes will be issued under the indenture pursuant to which Willis North America previously issued $450,000,000 aggregate principal amount of 2.950% senior unsecured notes due 2029 (the “initial notes” and, together with the new notes, the “notes”), all of the initial notes remain outstanding. The new notes will be treated as the same class and series as, and otherwise identical to, the...

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Sportsman’s Warehouse Holdings, Inc. Announces First Quarter 2020 Earnings Conference Call

WEST JORDAN, Utah, May 21, 2020 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced that it will hold its quarterly conference call to discuss first quarter 2020 financial results on Thursday, June 4, 2020 at 4:30 p.m. Eastern Time.The conference call will be broadcast on the Company’s investor relations website at http://investors.sportsmans.com/.  An online archive of the webcast will be available for one year following the call.About Sportsman’s Warehouse Holdings, Inc.Sportsman’s Warehouse is an outdoor specialty retailer focused on meeting the everyday needs of the seasoned outdoor veteran, the first-time participant, and everyone in between. We provide outstanding gear and exceptional service to inspire...

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YRC Freight Recognized as 2019 LTL Carrier of the Year by Dick’s Sporting Goods

OVERLAND PARK, Kan., May 21, 2020 (GLOBE NEWSWIRE) — (NASDAQ: YRCW) YRC Freight has been recognized as 2019 LTL Carrier of the Year by Dick’s Sporting Goods. YRC Freight’s comprehensive network services the 726 Dick’s Sporting Goods locations as well as its vendors across North America.“Being recognized by one of the nation’s major retailers as its LTL Carrier of the Year is an honor and a testament to YRCW’s commitment to providing an enhanced customer experience,” said Jason Bergman, YRCW Chief Customer Officer and President of HNRY Logistics. “Dick’s Sporting Goods awarded YRC Freight its LTL business, and we stepped up to make a positive impact for our customer’s business and to exceed their expectations for LTL freight.”2019 also brought top honors from, Inbound Logistics magazine and Women in Trucking who recognized YRC Freight...

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Appulse Corporation: Reporting results for the First Quarter of 2020

CALGARY, Alberta, May 21, 2020 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse”) (Listed on the TSX Venture Exchange – Symbol ‘APL’) today reported a net income of $99,000 for the three months ended March 31, 2020 with revenues of $2,436,000, compared to a net income of $64,000 and revenues of $2,450,000 for the same three-month period of the previous year. Operating cash flow (net income for the period adjusted for items not involving cash) for the quarter ended March 31, 2020 of $236,000 compares to operating cash flow of $212,000 for the same three-month period of 2019.A reduction of approximately 11% in parts and service revenues compared to the same quarter of the prior year was offset by an increase in machine sales. First quarter machine sales combined with purchase orders now in hand for 2020 delivery total approximately...

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United States Steel Corporation Announces Pricing of Senior Secured Notes Offering

PITTSBURGH, May 21, 2020 (GLOBE NEWSWIRE) — United States Steel Corporation (NYSE: X) (the “company” or “U. S. Steel”) today announced the pricing of its previously announced private offering of $1,056,357,000.00 aggregate principal amount of 12.000% Senior Secured Notes due 2025 (the “notes.”) The notes will be issued at a price equal to 94.665% of their face value. The notes will pay interest semi-annually in arrears on June 1 and December 1 of each year, beginning on December 1, 2020 and will mature on June 1, 2025, unless earlier redeemed or repurchased. The sale of the notes is expected to close on May 29, 2020, subject to customary closing conditions.The notes will be fully and unconditionally guaranteed on a senior secured basis by all of the company’s existing and future direct and indirect subsidiaries,...

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NVIDIA Announces Financial Results for First Quarter Fiscal 2021

Revenue of $3.08 billion, up 39 percent from a year earlierRecord Data Center revenue of $1.14 billion, up 80 percent from a year earlierRecord GAAP gross margin of 65.1 percentSANTA CLARA, Calif., May 21, 2020 (GLOBE NEWSWIRE) — NVIDIA (NASDAQ: NVDA) today reported revenue for the first quarter ended April 26, 2020, of $3.08 billion, up 39 percent from $2.22 billion a year earlier, and down 1 percent from $3.11 billion in the previous quarter.GAAP earnings per diluted share for the quarter were $1.47, up 130 percent from $0.64 a year ago, and down 4 percent from $1.53 in the previous quarter. Non-GAAP earnings per diluted share were $1.80, up 105 percent from $0.88 a year earlier, and down 5 percent from $1.89 in the previous quarter.NVIDIA completed its acquisition of Mellanox Technologies Ltd. on April 27, 2020, for a transaction...

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B Communications Reports Financial Results For the First Quarter of 2020

TEL-AVIV, Israel, May 21, 2020 (GLOBE NEWSWIRE) — B Communications Ltd. (NASDAQ Global Select Market and TASE: BCOM), a holding company with a controlling interest in Israel’s largest telecommunications provider, Bezeq, The Israel Telecommunication Corporation Limited (“Bezeq”) (TASE: BEZQ), today reported its financial results for the first quarter of 2020.Comments of Tomer Raved, CEO of B Communications:“This has been an unusual quarter due to the outbreak of the novel coronavirus pandemic (“COVID-19”). Our thoughts and our prayers are with all of those affected by COVID-19 around the world. As countries and companies around the world respond to the COVID-19 pandemic, we are encouraged to see the Israeli market gradually reopening and we continue to evaluate potential implications for our business and take various actions to manage...

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