Month: June 2020

STAMFORD, Conn., June 22, 2020 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, today announced that the first patient has been dosed in a Phase 1b clinical trial evaluating SpringWorks Therapeutics’ investigational gamma secretase inhibitor, nirogacestat, in combination with GlaxoSmithKline’s (GSK) investigational anti-B-cell maturation antigen (BCMA) antibody-drug conjugate, belantamab mafodotin, in patients with relapsed or refractory multiple myeloma. The nirogacestat and belantamab mafodotin combination is being evaluated as a sub-study in GSK’s ongoing DREAMM-5 platform trial.Gamma secretase inhibition prevents the cleavage and shedding of BCMA from the surface of myeloma...

VERO BEACH, Florida, June 22, 2020 (GLOBE NEWSWIRE) — ARMOUR Residential REIT, Inc. (NYSE: ARR and ARR-PRC) (“ARMOUR” or the “Company”) today announced guidance on monthly cash dividends for the Company’s Common Stock for the third quarter. Based on its current financial position and outlook, the Company anticipates declaring dividends early in each month as follows:Third Quarter 2020 Common Stock Dividend GuidanceJune 2020 DividendsARMOUR previously announced the resumption of monthly dividends for its Common Stock with a $0.09 cash dividend per share payable on June 29, 2020 to holders of record as of June 15, 2020. The monthly cash dividend on the Company’s 7.00% Series C Preferred Stock in the amount of $0.14583 is also payable on June 29, 2020 to holders of record on June 15, 2020.Certain Tax MattersARMOUR has elected to be...

WATERLOO, Ontario, June 22, 2020 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that, as a global partner, it is collaborating with Microsoft to help customers adapt to COVID-19–related logistics and supply chain disruptions by leveraging their Descartes solutions.Descartes has recently highlighted several customers in diverse industries who have used Descartes’ cloud-based solutions to respond innovatively and swiftly to volatile market conditions and new demands on their operations:Capital Logistics Uses Descartes Solutions to Help National Grocery Retailers Facing COVID-19–Driven VolatilityANCLA Logistik Helps Ecommerce Retailers Impacted by COVID-19 Fulfillment Disruptions with Descartes’ Ecommerce Warehouse Management (WMS)...

RENO, Nev., June 22, 2020 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) announced that the enhancement of its Steamboat Hills geothermal power plant located near Reno, Nevada is complete and achieved commercial operation on June 6, 2020. Enhancement work included the replacement of all old generating unit equipment with new, state-of-the-art equipment and resource modifications that increased the generating capacity of the Steamboat complex by approximately 19 MW to a total of 84 MW. The new equipment will increase the productivity and efficiency of the power plant and is expected to reduce maintenance costs per kWh.The Steamboat Hills power plant continues to sell its electricity under the current 25-year long term portfolio power purchase agreement with Southern California Public Power Authority (SCPPA), with 100% of...

Paris, 22 June 2020, 12:00 pmPRESS RELEASEEramet: response to rumours about its subsidiary Aubert & DuvalFollowing a press release this morning, Eramet group would like to provide some details as follows.The current crisis due to Covid-19 is unprecedented, with a lasting impact on the global economy. The very significant slowdown of the aerospace sector weighs strongly on the activity of Aubert & Duval (“A&D”), Eramet’s subsidiary. The decrease in the production rates of the aerospace industry, notably Airbus which announced an approximately one-third cut in production versus pre-crisis level, should indeed have a strong and lasting impact on A&D’s activity. Aerospace sales account for more than 70% of the subsidiary’s turnover.A&D’s sites are facing a strong slowdown, and the production rate of each workshop...

Paris, le 22 juin 2020, 12h00COMMUNIQUE DE PRESSEEramet : réponse aux rumeurs concernant sa filiale Aubert & DuvalA la suite de la parution d’un article de presse ce matin, le groupe Eramet tient à apporter les précisions suivantes.La crise actuelle survenue avec l’apparition du Covid-19 est sans précédent et touche durablement l’économie mondiale. Le très fort ralentissement du secteur aéronautique pèse significativement sur l’activité d’Aubert & Duval (« A&D »), filiale d’Eramet. La baisse des cadences de production dans l’industrie aéronautique, notamment Airbus qui a annoncé un recul d’environ un tiers par rapport au niveau d’avant crise, devrait en effet impacter fortement et durablement l’activité d’A&D, dont les ventes aéronautiques représentent plus de 70 % du chiffre d’affaires.Les sites d’A&D connaissent...

GUANGZHOU, China, June 22, 2020 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (“Burning Rock” or the “Company”) (NASDAQ: BNR), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that the underwriters of its initial public offering (the “IPO”) fully exercised their over-allotment option to purchase an additional 2,025,000 American Depositary Shares (“ADSs”), each representing one Class A ordinary share, of the Company at the IPO price of US$16.50 per ADS. After giving effect to the full exercise of the over-allotment option, the aggregate offering size of the IPO and the concurrent private placement to Lake Bleu Prime Healthcare Master Fund Limited is approximately US$281.2 million. The Company’s total number of ordinary shares (including ordinary...

LOS ANGELES, June 22, 2020 (GLOBE NEWSWIRE) — Cinedigm Corp. (NASDAQ: CIDM) has announced a multi-film deal with Glass House Distribution starting with GUTTERBUG.  Directed by Andrew Gibson, the award-winning film is scheduled to release on Digital and DVD on August 11. 2020. The partnership between Cinedigm and Glass House Distribution also includes the release of comedy CANADIAN STRAIN and thriller SAVIORS, both scheduled to release in September.GUTTERBUG’s cast of Andrew Yackel (“Mindhunter”), Justin Pietropalo (Masters), and Hannah Mosqueda (“James Patterson’s Murder Is Forever”) star in this counterculture anthem about a young man grappling with homelessness and mental health within his drug fueled reality.GUTTERBUG takes a dirty dive into the realities of American drug culture where the road to hell is paved with good intentions....

Company Announcement No. 832Pursuant to section 30 of the Danish Capital Markets Act it is hereby announced that WCM Investment Management, LLC, Laguna Beach, USA has informed DSV Panalpina A/S that WCM Investment Management has increased its holding of shares and other financial instruments with similar economic effect in DSV Panalpina A/S to 11,751,742 shares, corresponding to 5.1% of the entire share capital and voting rights.Any questions may be addressed to Executive Vice President, Investor Relations, Flemming Ole Nielsen, tel. +45 43 20 33 92.Yours sincerely,DSV Panalpina A/SAttachment832 – Announcement (22.06.2020) – Major shareholder announcement