Day: July 17, 2020
Shelton, CT, July 17, 2020 (GLOBE NEWSWIRE) — Hubbell Incorporated (NYSE: HUBB) today announced it will release its second quarter 2020 financial results prior to the opening of the market on July 30, 2020. The Company will then webcast its Analysts’ Conference Call to discuss the results at 10:00 AM ET.The full text of the press release announcing the results will be posted on Hubbell’s corporate website under the Press Release section. You can also access this information by going to www.hubbell.com and selecting “Investors” from the options at the bottom of the page and then “Press Releases” from the drop-down menu.The live audio of the conference call and accompanying materials will also be available and can be accessed by visiting Hubbell’s Events and Presentations section. You can also...
MTBC Announces Upsizing and Pricing of $24.0 Million Public Offering of Preferred Stock
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SOMERSET, N.J., July 17, 2020 (GLOBE NEWSWIRE) — MTBC, Inc. (Nasdaq: MTBC) (Nasdaq: MTBCP) (“MTBC” or the “Company”), a leading provider of cloud-based healthcare IT solutions and services, today announced that it has upsized and priced its previously announced underwritten public offering of non-convertible 11% Series A Cumulative Redeemable Perpetual Preferred Stock (“Series A Preferred Stock”), which trades on the Nasdaq Global Market with ticker “MTBCP”. The Company has agreed to sell 960,000 shares of Series A Preferred Stock, at a public offering price of $25.00 per share, for gross proceeds to the Company of $24.0 million.The Company also granted the underwriters a 30-day option to purchase up to an additional 144,000 shares at the public offering price, less underwriting discounts and commissions. The offering...
Teligent, Inc. Announces Hiring of Chief Legal Officer and Corporate Secretary
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BUENA, N.J., July 17, 2020 (GLOBE NEWSWIRE) — Teligent, Inc. (Nasdaq: TLGT) (“Teligent” or the “Company”), a New Jersey based specialty generic pharmaceutical company, today announced the hiring of Philip Yachmetz as Chief Legal Officer and Corporate Secretary of the Company, effective July 16, 2020.Timothy B. Sawyer, President and CEO of the Company, commented, “We are pleased that Phil has agreed to join our Teligent team. Phil’s extensive experience as a general counsel/chief legal and compliance officer with pharmaceutical, biotechnology and healthcare companies will be an excellent addition to our team.” Most recently, from 2015 through July 2020, Mr. Yachmetz served as Chief Legal and Compliance Officer of Sovereign Medical Services, Inc., a privately held fully integrated community healthcare system company. Prior to his...
DTE Offers Energy Efficiency & Costs-Saving Tips During Summer Heat Wave
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Detroit, July 17, 2020 (GLOBE NEWSWIRE) — DETROIT, July 17, 2020 – In the wake of the ongoing heat wave sweeping across the Midwest and Michigan, DTE Energy is issuing guidance to its electric customers on how they can save money on their energy bills during this period of extreme heat.Temperatures are expected to exceed 90-degrees this weekend in sections of Southeastern Michigan. So far this summer, Detroit has had three times as many 90-degree weather days than it experienced at this point last year. As the outdoor temperatures climb, so does the average customer’s energy use which often leads to an increase in their energy bills. “Hot summer weather conditions along with the ongoing COVID-19 pandemic are causing many of our residential customers to spend more time at home and increase their energy usage which will lead...
Winshear Gold Corp. Announces $750,000 Private Placement
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VANCOUVER, British Columbia, July 17, 2020 (GLOBE NEWSWIRE) — Winshear Gold Corp. (TSX-V: WINS) announces a non-brokered private placement of 6,250,000 Units at $0.12 per Unit for gross proceeds of $750,000. Each Unit comprises one common share and one half of one common share purchase warrant. Each full warrant will allow the holder to purchase one common share of Winshear Gold at a price of $0.18 for a period of 24 months from the closing date of the financing. A finder’s fee commensurate with regulatory policies may be paid if applicable.
ARHT Media Announces Subscription Bundles To Drive Accelerated Recurring Revenues Powered by the ARHT Engine Software
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TORONTO, July 17, 2020 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), is the global leader in the development, production and distribution of high-quality, low latency hologram and digital content. ARHT is pleased to announce that it is now offering Subscription Bundles that are based on the volume of transmissions that a subscriber requires. The Bundles will lower the per-use cost to the end user and are expected to dramatically increase adoption of the Company’s software platform. The Subscription Bundles can be used to transmit presenters, using the ARHT Engine software, for either in-person hologram events and meetings or for online meetings and events that take place on the Virtual Global StageTM. Pricing for ARHT’s Holopresence Transmission Bundles are as follows:Bundle 5 – will cost US$15,000...
AMC Networks to Report Second Quarter 2020 Results
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NEW YORK, July 17, 2020 (GLOBE NEWSWIRE) — AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter 2020 on Tuesday, August 4, 2020 at 8:30 a.m. Eastern Time. AMC Networks will issue a press release reporting its results prior to the market opening.The conference call will be webcast live via the company’s website at www.amcnetworks.com under the heading “Investors”. Those parties interested in participating via telephone please dial 877-347-9170 with the conference ID number 3287042 approximately 10 minutes prior to the call.
Outlook Therapeutics Announces Closing of $1.0 Million Private Placement Priced At-The-Market Under Nasdaq Rules
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MONMOUTH JUNCTION, N.J., July 17, 2020 (GLOBE NEWSWIRE) — Outlook Therapeutics, Inc. (Nasdaq: OTLK), a late clinical-stage biopharmaceutical company working to develop the first FDA-approved ophthalmic formulation of bevacizumab-vikg for use in retinal indications, today announced the successful closing of its previously announced private placement of 823,045 shares of common stock at a purchase price of $1.215 per share, for aggregate gross proceeds of approximately $1.0 million, to Syntone Ventures LLC, a U.S.-based affiliate of Syntone Technologies Group Co. Ltd. The securities were priced at-the-market under Nasdaq rules.Outlook Therapeutics intends to use the net proceeds from the financing for working capital and general corporate purposes, including in support of its ONS-5010 development program.The securities described...
Interoil appoints new general manager
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Oslo, 17 July 2020Interoil Exploration and Production ASA is pleased to announce the appointment of Mr. Francisco Guillermo Vozza as new General Manager for the company, effective today.Francisco Vozza’s professional background includes more than a decade in corporate strategy and innovation related positions in Equinor, the Norwegian oil, gas and energy company; and a business development role in Scatec Solar, a global leader that builds, owns and operates solar power plants across emerging markets.Francisco Vozza is an Italian-Argentine citizen living in Norway, a graduate from California State University in Los Angeles, and he has an MBA from BI Norwegian School of Management.Mr. Vozza replaces Pablo Creta, who will be pursuing other opportunities outside the company. Mr. Creta also held the position as Chief Financial Officer (CFO)...
LMP Automotive Holdings, Inc. Announces the Acquisition of a 75% Interest in a Southeast Toyota Franchise Dealership
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PLANTATION, FL , July 17, 2020 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ:LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe for or finance pre-owned and new automobiles, today announced the acquisition of a 75% interest in a Southeast Toyota Franchise Dealership.Brian Finnegan, the Company’s Executive Manager in charge of franchise dealership management stated,“It’s LMP’s vision to continue the legacy of the dealer and it’s online presence while providing our e-commerce solutions and offerings, financial strength, business acumen and sophistication of LMP to help grow the business.”Sam Tawfik, the Company’s Chairman and Chief Executive Officer stated,Mr. Tawfik also added,“We are also focused on adding additional executive management...