Day: July 21, 2020
ROCHESTER, Mich., July 21, 2020 (GLOBE NEWSWIRE) — OptimizeRx Corp. (Nasdaq: OPRX), a leading provider of digital health solutions for life science companies and payers, has appointed Greg Wasson, former president and CEO of Walgreen Boots Alliance, to its board of directors.“Consumer awareness of digital health services, and especially the need for better affordability and adherence, has never been greater,” said OptimizeRx CEO and director, William Febbo. “Our platform delivers for the life sciences industry unprecedented access to physicians and patients at the point-of-care. Staying connected with the patient as they enter a physical or virtual pharmacy now presents another important area of opportunity to deliver value to our stakeholders. In light of this, Greg’s experience in building Walgreens as a Fortune 50 company with...
Penn Virginia Operational Update
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HOUSTON, July 21, 2020 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced an operational update and timing of its second-quarter 2020 earnings release and conference call.Operational and Financial UpdateEstimated production for the second quarter of 2020 of between 18,500 – 18,900 barrels of oil per day and between 24,100 – 24,600 barrels of oil equivalent per day;Realized oil price for the second quarter of 2020 of approximately $23.97 per barrel and $50.37 per barrel including hedge settlements;Increased oil hedge positions (see appendix);Completed three drilled uncompleted (“DUC”) wells in June 2020;Estimated capital expenditures for the second quarter of 2020 of between $10.5 – $12.5 million;Reduced accounts payable by approximately $45 million in the second quarter...
Knoll Announces Closing of $164.0 Million Convertible Preferred Equity Investment
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EAST GREENVILLE, Pa., July 21, 2020 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL) today announced the closing of the previously announced purchase of $164.0 million in convertible preferred stock by an independently managed subsidiary of Investindustrial VII L.P.As previously announced, transaction terms follow:$164.0 million of convertible, perpetual preferred stock, which will be convertible into shares of Knoll, Inc. common stock at an initial conversion price of $16.75 per share. The preferred stock carries a 4.50% dividend, which will be payable at Knoll’s option in cash or in-kind for the first 2 years and payable in cash thereafter.Knoll expects to use the net proceeds from the transaction for general corporate purposes, including to reduce outstanding borrowings under its credit facility.About KnollKnoll, Inc. is a constellation...
The Movie Studio Executes Advertising and Content Provider Agreement with eStreamTV
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FORT LAUDERDALE, Fla., July 21, 2020 (GLOBE NEWSWIRE) — via NetworkWire — The Movie Studio, Inc. (OTC: MVES) (the “Company”) proudly announces that it has executed an advertising channel agreement with eStreamTV, a provider of integrating programmatic advertising on television platforms. The agreement will include revenue sharing and integration of eStreamTV into The Movie Studio’s new app, currently available in the Google Play Store and the Apple App Store as part of a soft launch, with full launch anticipated to take place early fall 2020.The initial application of the agreement with eStreamTV will focus on advertiser insertion into The Movie Studio’s OTT and app platform as the “foundation” of the Company’s advertiser video on demand (AVOD) component. Upon completion of the app integration, an initial targeted marketing...
Pluristem CEO Issues Shareholder Update on Clinical Programs
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HAIFA, Israel, July 21, 2020 (GLOBE NEWSWIRE) — Pluristem Therapeutics Inc. (Nasdaq:PSTI) (TASE:PSTI), a leading regenerative medicine company developing a platform of novel biological products, today issued an update to its shareholders from its Chief Executive Officer and President, Yaky Yanay.Dear Fellow Shareholders,During this challenging period marked by the ongoing global COVID-19 pandemic, we are continuing to advance our regenerative medicine product candidates with the aim of improving the lives and health of people around the world. In addition to our clinical programs, we are also taking an active role in finding an effective treatment solution to COVID-19 complications. We hope and believe that PLX-PAD may play an instrumental role in overcoming the devastating impact of the coronavirus. Today I would like to provide...
VSBLTY AND TERALIGHT SIGN STRATEGIC ALLIANCE TO PROVIDE ADVANCED SMART CITY SOLUTIONS AND ANALYTICS
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Philadelphia, PA, July 21, 2020 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (CSE: VSBY) (Frankfurt: 5VS) (OTC:VSBGF) (“VSBLTY”), a leading provider of security and retail marketing technology, and Teralight, a global provider of over-the-top (OTT) services to mobile network operators, internet service providers and governments, today jointly announced the signing of a strategic alliance agreement to provide smart city applications enhanced with advanced analytics. Teralight has a strong global customer base in Eastern Europe and the Middle East as well as in Africa and Southeast Asia.The announcement was made by VSBLTY Co-founder & CEO Jay Hutton and Melanie Salvador, Teralight CEO. Hutton said, “Teralight is a special kind of service provider with active relationships in the carrier community. Our products allow carriers...
Murphy USA Inc. Reports Second Quarter 2020 Results
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EL DORADO, Ark., July 21, 2020 (GLOBE NEWSWIRE) — Murphy USA Inc. (NYSE: MUSA), a leading marketer of retail motor fuel products and convenience merchandise, today announced financial results for the three and six months ended June 30, 2020. Key Highlights:Net income was $168.9 million, or $5.73 per diluted share, in Q2 2020 compared to net income of $32.7 million, or $1.01 per diluted share, in Q2 2019 Total fuel contribution (retail fuel margin plus product supply and wholesale (“PS&W”) results including RINs) for Q2 2020 was 38.3 cpg compared to 14.7 cpg in Q2 2019 Total retail gallons decreased 25.7% in Q2 2020 compared to Q2 2019, while volumes on a same store sales (“SSS”) basis decreased 27.4% Merchandise contribution dollars grew 12.2% to $118.4 million compared to the prior-year quarter, on...
Capital City Bank Group, Inc. Reports Second Quarter 2020 Results
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TALLAHASSEE, Fla., July 21, 2020 (GLOBE NEWSWIRE) — Capital City Bank Group, Inc. (NASDAQ: CCBG) today reported net income of $9.1 million, or $0.55 per diluted share for the second quarter of 2020 compared to net income of $4.3 million, or $0.25 per diluted share for the first quarter of 2020, and $7.3 million, or $0.44 per diluted share for the second quarter of 2019. For the first six months of 2020, net income totaled $13.4 million, or $0.80 per diluted share, compared to net income of $13.8 million, or $0.82 per diluted share, for the same period of 2019.QUARTER HIGHLIGHTSReturn on assets improved to 1.10% and efficiency ratio to 67%Diversified revenue and strong balance sheet continue to buffer impact of pandemic and lower interest ratesStrong performance by Capital City Home Loans (“CCHL”) contributed significantly ($0.20/share)Pandemic...
Ergomed H1 2020 Trading Update
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PRESS RELEASEErgomed H1 2020 Trading UpdateEBITDA for FY 2020 expected to be materially ahead of market expectationsIntegrated pharmaceutical services business demonstrates resilience during Covid-19Total revenue growth of 14.8% over H1 2019; like for like service fee revenue up 18.0% over H1 2019Order book up 22.0% since 1 January 2020 provides high visibility into H2 2020 and beyondStrong cash balance of £14.1 million and debt freeGuildford, UK – 21 July 2020: Ergomed plc, (LSE: ERGO) (“Ergomed” or the “Company”), a company focused on providing specialised services to the pharmaceutical industry, today announces a trading update for the first half of 2020. The Company will provide further details of the first half performance with the publication of its audited interim results in September 2020. Trading materially ahead of expectationsBuilding...
Intertape Polymer Group Announces Renewal of Normal Course Issuer Bid
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MONTREAL and SARASOTA, Fla., July 21, 2020 (GLOBE NEWSWIRE) — Intertape Polymer Group Inc. (TSX:ITP) (the “Company”) is pleased to announce that the Toronto Stock Exchange (“TSX”) has approved the renewal of the Company’s normal course issuer bid (“NCIB”). Under the renewed NCIB, the Company will be entitled to repurchase for cancellation up to 4,000,000 common shares, representing 7.13% of the Company’s “public float” as of July 10, 2020, over a twelve-month period starting on July 23, 2020 and ending on July 22, 2021. The purchases by the Company will be effected through the facilities of the TSX and on other alternative trading systems in Canada, and will be made at the market price of the shares at the time of the purchase. There were 59,009,685 common shares of the...