Day: June 29, 2020

PITTSBURGH, June 29, 2020 (GLOBE NEWSWIRE) — II‐VI Incorporated (Nasdaq: IIVI), a leader in compound semiconductors, today announced that it signed an agreement with General Electric (NYSE: GE) to license technology to manufacture silicon carbide (SiC) devices and modules for power electronics.  The rapid growth in electric vehicles, renewable energy, microgrids, and power supplies for data storage and communications is driving the strong demand for SiC-based power electronics. SiC achieves superior efficiency, higher energy density, and lower system-level cost per watt compared with state-of-the-art silicon-based devices. Power electronics based on SiC have demonstrated their potential to have a highly beneficial impact on the environment via significant reductions in carbon dioxide emissions and energy consumption.“We believe...

LITTLE ROCK, Ark., June 29, 2020 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report second quarter 2020 earnings after the market closes on Thursday, July 23, 2020.  Management’s comments on the second quarter of 2020 will be released simultaneously with the earnings press release and will be available on the Bank’s investor relations website.   Management will conduct a conference call to take questions at 10:00 a.m. CT (11:00 a.m. ET) on Friday, July 24, 2020.  Interested parties may listen to this call by dialing 1-844-818-5110 (U.S. and Canada) or 210-229-8841 (international) and asking for the Bank OZK conference call.  A recorded playback of the call will be available for one week following the call at 1-855-859-2056 (U.S. and Canada) or 404-537-3406 (international).  The passcode for this playback is...

BOSTON, June 29, 2020 (GLOBE NEWSWIRE) — Imara Inc. (Nasdaq: IMRA), a clinical-stage biopharmaceutical company dedicated to developing and commercializing novel therapeutics to treat patients suffering from rare inherited genetic disorders of hemoglobin, today announced that it was added as a member of the U.S. small-cap Russell 2000® Index, effective after the U.S. market opens on July 1, as part of the 2020 Russell U.S. Indexes reconstitution. Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes.“We are pleased to be added to the Russell 2000 Index following our successful IPO in March and the progress we’ve made in the months since,” said Rahul Ballal, Ph.D.,...

Acquisition Bolsters Liquidia’s Capabilities in Pulmonary Arterial Hypertension (PAH) and Commercial Readiness for LIQ861, if ApprovedTwo New Directors, – Roger Jeffs, Ph.D. and Paul Manning, to Join Board Concurrent with Acquisition CloseRESEARCH TRIANGLE PARK, N.C., June 29, 2020 (GLOBE NEWSWIRE) — Liquidia Technologies, Inc. (NASDAQ: LQDA), a late-stage clinical biopharmaceutical company focused on the development and commercialization of novel products using its proprietary PRINT® technology, announced it has entered into a definitive agreement to acquire RareGen, LLC, a portfolio company of PBM Capital, through an all-stock merger. Liquidia and RareGen will consolidate under a new holding company, to be named Liquidia Corporation, which is expected to trade on the Nasdaq Capital Market under the ticker symbol “LQDA,”...

BOISE, Idaho, June 29, 2020 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU) today announced results for its third quarter of fiscal 2020, which ended May 28, 2020.Fiscal Q3 2020 highlightsRevenue of $5.44 billion versus $4.80 billion for the prior quarter and $4.79 billion for the same period last yearGAAP net income of $803 million, or $0.71 per diluted shareNon-GAAP net income of $941 million, or $0.82 per diluted shareOperating cash flow of $2.02 billion versus $2.00 billion for the prior quarter and $2.71 billion for the same period last year“Micron’s exceptional execution in the fiscal third quarter drove strong sequential revenue and EPS growth, despite challenges in the macro environment,” said Micron Technology President and CEO Sanjay Mehrotra. “We are ramping the industry’s most advanced DRAM technology into production...

VANCOUVER, British Columbia, June 29, 2020 (GLOBE NEWSWIRE) — Far Resources Ltd (CSE:FAT) (FSE:F0R) (OTC:FRRSF) announces that it has granted 5,050,000 options to acquire common shares in the equity of the Company to an officer, director and various consultants (the “Options”). Each Option is exercisable into one (1) common share in the equity of the Company at an exercise price of $0.07 per option share, expiring 5 years from date of grant.The issuance of securities described in this news release are subject to acceptance by the Canadian Securities Exchange. All amounts quoted in this news release are in Canadian funds.For and on behalf of the BoardToby MayoPresident and CEOAbout FarFar Resources Ltd. is a Canadian battery and technology metals exploration and development company with lithium exploration projects in Canada and...

Phoenix, AZ, June 29, 2020 (GLOBE NEWSWIRE) — Today, ABB Electrification’s Installation Products division made inaugural shipments from its 400,000 square foot West Coast Distribution Center in Phoenix, Arizona. The distribution center, which will supply products to customers in the western region of the U.S., will be fully operational during the third quarter of 2020.  In addition to creating more than 100 jobs in the Phoenix area, the site will enable faster service and delivery times for a broad range of daily needed electrical products and in-stock items, such as Ty- Rap® cable ties, Color-Keyed® lugs, Steel City® commercial boxes and fittings and Elastimold® cable accessories.“This new distribution center in Phoenix brings us much closer to customers in the western part of the U.S. It will allow us to deliver a wide range of...

MONTREAL, June 29, 2020 (GLOBE NEWSWIRE) — ATW Tech Inc. (“ATW” or the “Corporation”) announces that further to its news release dated June 16, 2020, the Corporation’s principal regulator, the Autorité des marchés financiers (the “AMF”) granted a management cease trade order (the “MCTO”) on June 16, 2020, under National Policy 12-203 Management Cease Trade Orders (“NP 12-203”). Pursuant to the MCTO, Carlos Bedran, Michel Guay and Louis Lessard may not trade in securities of the Corporation until such time as the Corporation files its annual audited financial statements, annual management’s discussion and analysis and related certifications for the year ended December 31, 2019 (collectively the “Required Documents”), and the AMF revokes the MCTO. The MCTO does not affect the ability of other shareholders to trade their securities.The...

NEW YORK, June 29, 2020 (GLOBE NEWSWIRE) — BOQI International Medical Inc. (NASDAQ: BIMI) (“BIMI” or the “Company”) today announced its financial results for the fiscal quarter ended March 31, 2020.“The first quarter was a good start for our healthcare business. Despite the impact caused by the pandemic, we completed the acquisition of Guanzan as planned. In the second quarter we raised funds through the sale of convertible notes and divested our legacy energy business. These actions raised funds for our working capital needs and for further expansion,” said Mr. Tiewei Song, Chief Executive Officer and President of BOQI International Medical Inc. “As we enter into the third quarter, we intend to continue to expand our market presence and drive innovation in our new telemedicine business. I’m proud of the progress...

BIRMINGHAM, Ala., June 29, 2020 (GLOBE NEWSWIRE) — ServisFirst Bancshares, Inc. (NASDAQ: SFBS) is scheduled to announce earnings and operating results for the quarter ended June 30, 2020 on July 20, 2020 at 4 p.m. ET.  The news release will be available at www.servisfirstbancshares.com.ServisFirst Bancshares, Inc. will host a live audio webcast to discuss earnings and results on Monday, July 20, 2020 beginning at 5:15 p.m. ET.  The audio webcast can be accessed at www.servisfirstbancshares.com.  A replay of the call will be available until July 31, 2020.About ServisFirst Bancshares, Inc.ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Dothan, Huntsville,...