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Month: May 2020

Virtusa to Increase Speed, Reduce Costs of Critical Digital Transformation Initiatives

SOUTHBOROUGH, Mass., May 28, 2020 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help Global 2000 clients accelerate transformation through innovation engineering, today announced its new Digital Transformation Studio (DTS), a proprietary platform and approach designed to increase the delivery speed and dramatically reduce the costs of business critical digital transformation projects. According to a past study by McKinsey, 84% of respondents say their organizations’ digital transformations have failed to improve performance or to sustain the transformational changes in the long term. To better understand causality, Virtusa led a multi-year research project to gain deeper insights into the anatomy of successful digital transformation...

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Municipality Finance issues EUR 15 million notes under MTN programme

Municipality Finance PlcStock exchange release28 May 2020 at 3:00 pm (EET)Municipality Finance issues EUR 15 million notes under MTN programmeMunicipality Finance Plc issues EUR 15 million notes on 2 June 2020. The maturity of the notes is 10 years and the maturity date is 2 June 2030. MuniFin has the right but no obligation to redeem the notes early on the call date 2 June 2022. The notes bear interest at fixed rate of 0.21 % per annum.The notes are issued under MuniFin’s 40 billion programme for the issuance of debt instruments. The offering circular is available in English on the company’s website at www.munifin.fi/investor-relations.MuniFin has applied for the notes to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on 2 June 2020.Commerzbank AG...

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Kuntarahoitus laskee liikkeeseen 15 miljoonan euron joukkovelkakirjalainan osana joukkovelkakirjalainaohjelmaa

Kuntarahoitus OyjPörssitiedote28.5.2020 klo 15.00Kuntarahoitus laskee liikkeeseen 15 miljoonan euron joukkovelkakirjalainan osana joukkovelkakirjalainaohjelmaaKuntarahoitus Oyj laskee liikkeeseen 15 miljoonan euron joukkovelkakirjalainan 2.6.2020. Lainan maturiteetti on 10 vuotta ja eräpäivä on 2.6.2030. Kuntarahoituksella on oikeus, mutta ei velvollisuutta eräännyttää joukkovelkakirjalaina ennenaikaisesti takaisinmaksettavaksi 2.6.2022. Lainalle maksetaan vuosittaista korkoa 0,21 %.Lainan liikkeeseenlasku tapahtuu yhtiön 40 miljardin euron joukkovelkakirjalainaohjelman alla. Ohjelmaa koskeva esite on saatavissa englanninkielisenä yhtiön verkkosivuilta osoitteesta www.munifin.fi/investor-relations.Kuntarahoitus on hakenut joukkovelkakirjalainan ottamista julkisen kaupankäynnin kohteeksi Nasdaq Helsinki Oy:n pörssilistalle. Julkisen kaupankäynnin...

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ARCA biopharma Announces AB201 Development Program for Treatment of COVID-19 Associated Coagulopathy

AB201 (rNAPc2) is being developed as a potential treatment for COVID Associated Coagulopathy, a condition characterized by abnormal blood clotting in patients with COVID-19Previous safety data in more than 700 patients through Phase 2 may enable more rapid developmentARCA anticipates filing an IND in the third quarter of 2020 and initiating late-stage clinical testing in the second half of this yearPrior rNAPc2 results treating Ebola and Marburg viral infections in non-human primate trials support development as treatment for RNA virus associated diseaseAB201 (rNAPc2) is a potent inhibitor of tissue factor, a key driver of the viral infection process and associated inflammatory response, including virus-associated coagulopathyWESTMINSTER, Colo., May 28, 2020 (GLOBE NEWSWIRE) — ARCA biopharma, Inc. (Nasdaq: ABIO) today announced...

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Visteon Adds Audio Call for Annual Meeting of Shareholders

VAN BUREN TOWNSHIP, Mich., May 28, 2020 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC) today announced it will host a listen-only call of its annual stockholders meeting in an effort to help safeguard the health and wellbeing of its shareholders, employees, directors and the community from the ongoing public health impact of the coronavirus (COVID-19) pandemic. The annual meeting will be held on Wednesday, June 3, at 11 a.m. EDT. Shareholders can still attend in person at Grace Lake Lodge, located on the campus of Visteon’s global headquarters and innovation center in Van Buren Township, Michigan. To participate in person or listen via the concurrent conference call, shareholders must register for meeting admission as described in the proxy statement filed April 23.The dial-in numbers to listen to the call are:U.S./Canada:...

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Introducing Star Alliance International Corp.

Star Targets the Commencement of Mining OperationsWestlake Village, CA, May 28, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Star Alliance International Corp. (OTC Pink; STAL; “Star” or the “Company”) is pleased to introduce our Company to our shareholders and prospective investors.Richard Carey, CEO of Star Alliance International, stated, “We are excited to introduce our Company to you.  We are now planning to make the final payment due for the purchase of the mine and start the process of restarting mining operations. We are preparing the documentation necessary to obtain our permits and complete our plans to widen the road to the mine as well as refurbishing the on-site mining equipment. Our primary objectives are solid growth, profitability and improving Shareholder Value.”Corporate HistoryStar Alliance International...

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Golar LNG Partners LP: Interim results for the period ended 31 March 2020

HighlightsExclusive of its interest in FLNG Hilli Episeyo, Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $27.7 million for the first quarter of 2020.After accounting for $46.8 million of non-cash mark-to-market interest rate swap losses, the Partnership reported a net loss attributable to unit holders of $33.1 million for the first quarter.Generated distributable cash flow1 of $25.4 million for the first quarter resulting in a distribution coverage ratio1 of 17.79.Agreed to extend the LNGC Golar Grand charter for a further year.Subsequent EventsDeclared a distribution for the first quarter of $0.0202 per unit.Karl Fredrik Staubo appointed to succeed Graham Robjohns as CEO.Bondholders approved 18-month extensions to the May 2020 and May 2021 maturing high yield bonds.LNGC Golar Maria secured...

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Silvercorp Launches a Drill Program for Gold Mineralization at the LMW, LME and TLP Mines, Ying Mining District, China

VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) is pleased to report that a drill program targeting gold (“Au”) mineralization is underway at the LMW, LME and TLP mines within the Ying Mining District, Henan Province, China.Silvercorp has previously reported limited gold assay results in news releases dated January 4, 2011, January 10, 2011, January 26, 2012, February 13, 2012, August 20, 2012, January 31, 2013 and February 19, 2014 for the LMW, LME and TLP mines, but as the focus was on mining silver-lead-zinc veins the characterization of gold mineralization was poorly understood. As such, many gold-bearing intercept results from drilling over the years have never been released as they do not fit into any known silver-lead-zinc veins that are mined...

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Avance Gas Holding Ltd – Q1 2020 Presentation

Please find enclosed the presentation of Avance Gas Holding Ltd (OSE: AVANCE) for the first quarter 2020 results to be held on the webcast/conference call 28 May, 2020 at 14:00 CET.Attend by webcast:https://edge.media-server.com/mmc/p/2juk936dAttend by conference call:UK and International: +44 (0) 2071 928 000US: +1 631 510 7495Norway: +47 23 96 02 64Confirmation code: 9088721For further queries, please contact:Peder C. G. Simonsen, Interim CEO and CFOTel: +47 22 00 48 15ABOUT AVANCE GAS Avance Gas Holding Ltd operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world’s leading owners and operators of very large gas carriers (VLGCs), operating a fleet of 14 modern VLGC. For more information about Avance Gas, please visit: www.avancegas.com.This information is subject to the...

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Datadog Announces Proposed Private Offering of $550 Million of Convertible Senior Notes

NEW YORK, May 28, 2020 (GLOBE NEWSWIRE) — Datadog, Inc. (Nasdaq: DDOG), the monitoring and analytics platform for developers, IT operations teams and business users in the cloud age, today announced that it intends to offer, subject to market conditions and other factors, $550 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Datadog also intends to grant the initial purchasers of the notes an option to purchase up to an additional $82.5 million aggregate principal amount of notes.The notes will be senior unsecured obligations of Datadog and will accrue interest payable semiannually in arrears. The notes will be convertible...

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