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Day: June 23, 2020

Yandex and Sberbank agree to reorganize Yandex.Market and Yandex.Money

MOSCOW, June 23, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, announces that it has entered into a binding agreement with Sberbank to reorganize their two Joint Ventures – Yandex.Market and Yandex.Money. As a result of this transaction, Yandex will become the controlling shareholder in Yandex.Market, while simultaneously exiting the Yandex.Money joint venture.Tigran Khudaverdyan, Deputy CEO of Yandex, commented:“We see great strategic potential in the full integration of e-commerce services into the Yandex ecosystem, unlocking significant synergies between Yandex.Market and other Yandex services. We aim to make Yandex.Market one of the leading e-commerce players in Russia, by significantly expanding its assortment,...

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Black Hills Corp. Announces Leadership Changes and Strategic Consolidation of Colorado Utilities

RAPID CITY, S.D., June 23, 2020 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced plans to combine the management of its electric and gas utilities in Colorado under a single strategic leader. Vance Crocker has been promoted to lead all the company’s Colorado-based utility businesses and operations, effective Aug. 1, 2020. Crocker will expand his responsibilities in his role as vice president of Colorado Electric with the strategic leadership and management of Colorado Gas.Recognizing its significant commitment to Colorado, Black Hills added a new leadership position in Colorado to closely partner with Crocker and the company’s leadership team to manage regulatory and policy matters impacting its business. Nick Wagner is joining the company on July 27 as vice president of regulatory affairs and policy for the state...

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Medigene enters Phase I clinical development with its TCR-T immunotherapy MDG1021 in hematological cancers

MDG1021 becomes Medigene’s second proprietary clinical TCR-T candidateClinical trial approval from Dutch regulatory authorityPhase I clinical trial in cancer patients suffering from relapse/persistence after allogeneic hematopoietic stem cell transplantationLeiden University Medical Center, the Netherlands, as principal trial siteMARTINSRIED, Germany and MUNICH, Germany, June 23, 2020 (GLOBE NEWSWIRE) — Medigene AG (FSE: MDG1, Prime Standard), a clinical stage immuno-oncology company focusing on the development of T cell immunotherapies, has received approval from the Dutch regulatory authority (the Central Committee on Research Involving Human Subjects, CCMO) to begin a first clinical trial of MDG1021. MDG1021, which targets the antigen HA-1, thus becomes Medigene’s second proprietary T cell receptor-modified T cell (TCR-T) immunotherapy...

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Conifex Announces Voting Results and Provides Operations Update

VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) — Conifex Timber Inc. (“Conifex“) (TSX: CFF) announced today that at its annual general and special meeting of shareholders held on June 22, 2020, all management nominees were elected as directors of the Company.Each of the management nominees were elected by ballot as follows:In addition, at the Meeting, shareholders approved: (i) the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s auditor for the ensuing year and authorized the board to fix the auditor’s remuneration; and (ii) the amendment to the long term performance incentive plan of the Company.A report of voting results is also available on SEDAR at www.sedar.com.Operations UpdateFurther to its previous news release, Conifex plans to recommence...

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Meritage Homes Second Quarter 2020 Earnings Conference Call and Webcast Scheduled for July 23, 2020

SCOTTSDALE, Ariz., June 23, 2020 (GLOBE NEWSWIRE) — Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, plans to release the Company’s second quarter 2020 results on Wednesday, July 22, 2020 after the market closes. Management will host a conference call to discuss the results at 7:30 a.m. Arizona Time (10:30 a.m. Eastern Time) on Thursday, July 23. The call will be webcast with an accompanying slideshow, both available on the “Investor Relations” page of the Company’s web site at http://investors.meritagehomes.com.For those unable to participate via the webcast, telephone participants can avoid delays by pre-registering for the call using the following link to receive a special dial-in number and PIN. Conference Call registration link: http://services.incommconferencing.com/DiamondPassRegistration/register?confirmationNumber=13706029&linkSecurityString=cb02a52e8....

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HP Inc. Announces Redemption of Notes

PALO ALTO, Calif., June 23, 2020 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) has announced that it will redeem all of its remaining $472,342,000 3.750% Global Notes due December 1, 2020 and all of its remaining $395,178,000 4.300% Global Notes due June 1, 2021 (collectively, the “Notes” and such transaction, the “Redemption”) that are outstanding on July 22, 2020.  The redemption price of the Notes will be 100% of the principal amount plus a make-whole premium and accrued and unpaid interest to, but excluding, the redemption date, in each case in accordance with the terms and subject to the conditions of the respective Notes and the indenture governing the Notes. Notices of redemption are being sent by The Bank of New York Mellon Trust Company, N.A., the trustee for the Notes, to all currently registered holders of the Notes.This announcement...

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Pricing of CNH Industrial Capital LLC $600 million notes

Pricing of CNH Industrial Capital LLC $600 million notesLondon, June 23, 2020CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 1.950% notes due 2023, with an issue price of 99.370%. The offering is expected to close on July 2, 2020, subject to the satisfaction of customary closing conditions.CNH Industrial Capital LLC intends to add the net proceeds from the offering to its general funds and use them for working capital and other general corporate purposes, including, among other things, the purchase of receivables or other assets in the ordinary course of business. The net proceeds may also be applied to repay CNH Industrial Capital LLC’s indebtedness as it becomes due.The notes, which are senior unsecured...

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Kaiser Aluminum Corporation to Present at the Fifth Annual Goldman Sachs Leveraged Finance Conference

FOOTHILL RANCH, Calif., June 23, 2020 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU) today announced that Jack A. Hockema, Chairman and Chief Executive Officer, will present at the Fifth Annual Goldman Sachs Leveraged Finance Conference on Thursday, June 25, 2020 at approximately 1:10pm Eastern time and will participate in virtual meetings with investors throughout the day.A live webcast of the presentation will be available on the Company’s website at http://investors.kaiseraluminum.com/events.cfm.  A copy of the presentation will be available for download prior to the start of the webcast. An audio archive of the conference presentation will be available on the Company’s website for a period of 30 days following the live webcast.Company DescriptionKaiser Aluminum Corporation, headquartered in Foothill Ranch,...

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Northland Power Announces Addition to Executive Team

TORONTO, June 23, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland“) (TSX: NPI) announces the appointment of Wendy Franks as Executive Vice President, Strategy and Investment Management, effective June 29, 2020. Ms. Franks will be based out of our Toronto office and will be responsible for leading the company’s strategy and investment management functions, including the development of key strategic programs intended to generate new areas of growth for the company. In addition, she will also be responsible for the management of Northland’s asset portfolio with a focus on enhancing economic contributions and returns from our existing asset portfolio to create value for shareholders.  Ms. Franks brings to Northland more than 15 years of leadership in business strategy, investment management, and making strategic...

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Editas Medicine Announces Offering of Common Stock

CAMBRIDGE, Mass., June 23, 2020 (GLOBE NEWSWIRE) — Editas Medicine, Inc. (Nasdaq: EDIT), a leading genome editing company, today announced that it intends to offer and sell 4,000,000 shares of its common stock in an underwritten public offering. Editas Medicine intends to grant the underwriter a 30-day option to purchase up to an additional 600,000 shares of its common stock. All of the shares in the offering are to be sold by Editas Medicine.Morgan Stanley is acting as sole book-running manager for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.A registration statement on Form S-3 (including a preliminary prospectus describing the terms of the offering) relating to the shares...

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