Day: May 27, 2020
TROY, Mich., May 27, 2020 (GLOBE NEWSWIRE) — Altair (NASDAQ: ALTR), a global technology company providing solutions in product development, high-performance computing (HPC), and data analytics, announced today that James Scapa, chairman and chief executive officer, and Howard Morof, chief financial officer, will virtually present at the William Blair 2020 Growth Stock Conference on Tuesday, June 9, 2020 at 3:20 p.m. CT (4:20 p.m. ET).A live webcast, as well as a replay, of the presentation will be available on the company’s investor relations website at http://investor.altair.com.About AltairAltair is a global technology company that provides software and cloud solutions in the areas of product design and development, high-performance computing (HPC), and data analytics. Altair enables organizations across broad industry segments...
Immunomedics Announces Leadership Change and Provides Business Update Amid COVID-19
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MORRIS PLAINS, N.J., May 27, 2020 (GLOBE NEWSWIRE) — Immunomedics, Inc. (NASDAQ: IMMU) (“Immunomedics” or the “Company”), a leading biopharmaceutical company in the area of antibody-drug conjugates, today provided a business update on a leadership change as well as the Company’s efforts to navigate through the ongoing coronavirus pandemic.The Company announces that, after careful consideration, Harout Semerjian has decided to step down from his role as President and Chief Executive Officer (CEO) of Immunomedics. This decision, which is effective immediately, is precipitated by the unfortunate significant logistical obstacles presented by the COVID-19 pandemic, including Mr. Semerjian’s ability to fully assume his duties as CEO. Dr. Behzad Aghazadeh, Executive Chairman of Immunomedics, will continue to support the Company in an executive...
Organic Flower Sets Record Date for Final AgraFlora Distribution, Announces 7-for-1 Share Consolidation and Acquisition of Bendu Capital
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VANCOUVER, British Columbia, May 27, 2020 (GLOBE NEWSWIRE) — Organic Flower Investments Group Inc. (CSE: SOW)(FWB: 2K6)(OTC: QILFF) (“Organic Flower” or “OFIG” or the “Company”) announces that it has set May 28, 2020 as the record date (the “Record Date”) for the final distribution (the “Final Distribution“) of common shares in the capital of AgraFlora Organics International Inc. (“AgraFlora”). As previously announced, the Company sold its cannabis industry focused downstream and product formulation portfolio to AgraFlora in Q2 2019. As consideration for the sale of the portfolio, the Company was issued an aggregate of 348,109,251 common shares of AgraFlora.On June 12, 2020 (the “Distribution Date”) an aggregate of 282,072,834 common shares will be distributed to the shareholders of the Company as of the...
Eagle Growth and Income Opportunities Fund Announces Plans to Liquidate
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BOSTON, May 27, 2020 (GLOBE NEWSWIRE) — Eagle Growth and Income Opportunities Fund (the “Fund”) (NYSE: EGIF) today announced that it intends to dissolve, liquidate and distribute its net assets to shareholders.In August 2019, the Fund’s Board of Trustees (the “Board”) appointed First Eagle Alternative Credit, LLC (then THL Credit Advisors LLC) (“FEAC”) as the Fund’s interim investment adviser and approved a new interim sub-advisory agreement between FEAC and Eagle Asset Management, Inc. (“EAM”), which has served as the Fund’s sub-adviser since the Fund’s initial public offering in June 2015. The Fund’s shareholders were asked to vote on proposals to approve non-interim arrangements with FEAC and EAM. Additionally, shareholders were asked to vote on the change...
Former Kyocera President David Grooms Joins NeoVolta Board of Advisors
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SAN DIEGO, May 27, 2020 (GLOBE NEWSWIRE) — NEOVOLTA INC. (OTCQB: NEOV) – NeoVolta, manufacturer of the NV14 and NV24 home energy storage systems, has appointed David Grooms to its Board of Advisors. Grooms is a former president of Kyocera America, with more than $1 billion in sales during his twenty-year tenure there. As part of its portfolio, Kyocera has been a leader in solar power generation for more than 35 years.Grooms will lend his strategic expertise to NeoVolta’s growth and positioning in the residential solar storage market. NeoVolta energy storage systems save a home’s self-generated solar power in a battery for later use. The stored energy can be used in the evening, when peak utility rates are often twice as high, or as backup power if the grid goes down.The NV14 and NV24 have been installed in homes across Southern...
Verizon to speak at Bernstein Strategic Decisions Conference May 28, 2020
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BASKING RIDGE, N.J., May 27, 2020 (GLOBE NEWSWIRE) — Ronan Dunne, executive vice president for Verizon (NYSE, Nasdaq: VZ), and group CEO for Verizon Consumer, is scheduled to speak at the virtual Bernstein 36th Annual Strategic Decisions Conference on Thursday, May 28, at 3 p.m. ET. His remarks will be webcast, with access instructions available on Verizon’s Investor Relations website, www.verizon.com/about/investors/.Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is celebrating its 20th year as one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $131.9 billion in 2019. The company offers voice, data and video services and solutions...
Exxe Group Inc. Enters Lucrative Telemedicine Market
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NEW YORK, May 27, 2020 (GLOBE NEWSWIRE) — Exxe Group, Inc. (OTC PINK: AXXA), a diversified company focused on synergistic acquisitions in real estate, digital platforms, financial services and agribusiness, announced today that via the Axxa Venture Fund, the Company is entering the telemedicine market, which is swiftly transforming the entire global health care landscape.According to an April 2020 industry report issued by Grandview Research, the global telemedicine market is projected to grow from $41.1 Billion in 2019 to $155.1 Billion in 2027. The core growth has been driven by new capabilities to monitor various chronic conditions, home healthcare monitoring for aging populations, and the demand for self-governing. At its core, telemedicine reduces emergency room, hospitalization, and doctor visits. However, the current COVID-19...
Verisk Offers Insurers and Lenders Four-Month, Complimentary Access to Coverage Verifier-Verification as a Service During COVID-19 Pandemic
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Jersey City, N.J., May 27, 2020 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading data analytics provider, is offering four months of complimentary access during the COVID-19 pandemic to Coverage Verifier-Verification as a Service (CV-VaaS), a new, digital platform that delivers insurance information lenders need to process loans with increased efficiency.Instead of spending time and resources calling, faxing, or e-mailing insurers to confirm that vehicles or mortgages have the required insurance coverage, lenders can simply enter the borrower’s information into CV-VaaS and quickly receive verification of coverage.Through the platform, CV-VaaS will enable participating insurers to establish a lender portal to automate and digitize the verification process. CV-VaaS connects Verisk’s Coverage Verifier database and Loan VerifierTM,...
AEROMEXICO MAKES THE LARGEST FLIGHT IN THE HISTORY OF AVIATION IN MEXICO
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Mexico City, May 27, 2020 (GLOBE NEWSWIRE) —A direct flight between Shenzhen, China and Mexico City with medical suppliesIt is the first time that Shenzhen connects directly with Latin America Mexico City, May 27, 2020. – Aeromexico made the longest-range flight in its existence and the history of aviation in Mexico. It was a direct operation between Shenzhen International Airport in China and Mexico City, with a non-stop route of more than 14 thousand kilometers with one of its 19 Boeing 787 aircraft, which is also the largest wide cabin fleet with Mexican registration that the country has ever had. It is also the first time that the Asian city connects with Latin America on a direct flight. The aircraft departed last Sunday,...
The Board of Directors of Fingerprint Cards AB (publ) has resolved to exercise its authorization to repurchase own shares
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The Board of Directors of Fingerprint Cards AB (publ) has resolved to exercise its authorization by the Annual General Meeting (AGM) held on May 26, 2020 to repurchase own shares.Acquisitions may be made on one or several occasions during the period from May 28, 2020 up until the 2021 AGM. In accordance with the authorization from the AGM on May 26, 2020, the company’s holding of own class B shares shall not at any given time exceed ten per cent (10 %) of the total number of outstanding shares in the Company.The acquisitions shall take place on Nasdaq Stockholm in accordance with Nasdaq Stockholm’s Rule Book for Issuers and only at a price per share within the share price interval registered at that time, which means the difference between the highest buying price and the lowest selling price. Payment for the shares shall be made in cash.The...