Day: July 21, 2020

GAITHERSBURG, Md., July 21, 2020 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE: EBS) today announced that Standard & Poor’s (S&P) has indicated that the company will be added to the S&P MidCap 400® index, effective prior to the open of trading on Friday, July 24. The company will be classified under S&P’s Global Industry Classification Standard (GICS) Biotechnology Sub-Industry index.“The addition of Emergent to the S&P MidCap 400 is an important milestone as we continue on our growth trajectory,” said Richard S. Lindahl, executive vice president and chief financial officer of Emergent BioSolutions. “This move reflects our strong progress as a global life sciences company committed to addressing public health threats, and our efforts to maximize shareholder value by growing revenues and prudently reinvesting...

NEW YORK, July 21, 2020 (GLOBE NEWSWIRE) — Tonix Pharmaceuticals Holding Corp. (Nasdaq: TNXP) (Tonix or the Company), a clinical-stage biopharmaceutical company, today announced that it is rescheduling the date of the Company’s Special Meeting of Stockholders (the “Special Meeting”) previously scheduled for Friday, June 26, 2020, to Friday, August 28, 2020, at 11:00 a.m., Eastern Time. In connection with the change of the Special Meeting date, the record date for determining stockholders entitled to attend and vote at the Special Meeting has been changed to the close of business on July 15, 2020. There are no changes to the proposals previously described in the Company’s proxy statement for the Special Meeting. The Company will be distributing a proxy statement, proxy card and notice of internet availability for the Special Meeting...

BOSTON, July 21, 2020 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) (the “Company”, “DraftKings”) today announced that it will release its second quarter 2020 results prior to 8:30AM EDT on August 14, 2020.At 8:30AM EDT on the same day, DraftKings will host a conference call to discuss the results.The Company’s earnings press release and related materials will be available at investors.draftkings.com. To listen to the audio webcast and live Q&A, please visit DraftKings’ investor relations website at investors.draftkings.com. The audio webcast and accompanying presentation will be available on the Company’s investor relations website until 11:59PM EDT on September 14, 2020. About DraftKingsDraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company created to fuel the competitive spirits of sports...

LOS ANGELES, July 21, 2020 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), an independent commercial bank, today reported results for the quarter ended June 30, 2020. Preferred Bank (“the Bank”) reported net income of $15.3 million or $1.03 per diluted share for the second quarter of 2020. This is down from net income of $20.0 million or $1.31 per diluted share for the second quarter of 2019 and also down from net income of $16.2 million or $1.08 per diluted share for the first quarter of 2020. The primary reason for the decrease compared to both periods is the provision for credit losses, which totaled $7.5 million for the second quarter of 2020, as compared to $1.6 million in the second quarter of 2019 and compared to $5.3 million in the first quarter of 2020. The higher provision for this quarter is primarily due to the ongoing...

Not for distribution to U.S. news wire services or for dissemination in the United StatesTORONTO, July 21, 2020 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce that it will release its financial results for the quarter & year ended March 31, 2020 after market close on Wednesday, July 29, 2020 and a news release will be disseminated at that time with an earnings call at 8:30 AM EST on Thursday, July 30, 2020.CONFERENCE CALLAvante will be hosting a conference call to discuss the above financial results on Thursday July 30, 2020, at 8:30 AM EST.Dial in details are as follows:  Local: (+1) 416-764-8658            Toll Free: (+1) 888-886-7786                   Conference ID: 47284588Playback details below, available until March 18, 2020:Local: (+1) 416-764-8692           ...

WILMINGTON, Del., July 21, 2020 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, today posted its 2020 second-quarter financial results. The complete financial results release is available on the company’s website at Navient.com/investors.The results will also be available on Form 8-K on the SEC’s website at www.sec.gov.Navient will hold a conference call tomorrow, July 22, 2020 at 8 a.m. ET, hosted by Jack Remondi, president and CEO, and Ted Morris, controller and acting CFO.To access the conference call, dial 855-838-4156 (USA and Canada) or 267-751-3600 (international) and use access code 1379878 starting at 7:45 a.m. ET. The live audio webcast will be available on Navient.com/investors. Supplemental financial information and presentation slides used...

GLENVILLE, N.Y., July 21, 2020 (GLOBE NEWSWIRE) — TrustCo Bank Corp NY (TrustCo, NASDAQ: TRST) · TrustCo Bank Corp NY today announced second quarter 2020 net income of $11.3 million or $0.117 diluted earnings per share, and $24.6 million or $0.254 diluted earnings per share for the six months ended June 30, 2020.SummaryRobert J. McCormick, Chairman, President and Chief Executive Officer noted, “As we continue to navigate COVID-19 and its effects on our families and neighbors, I’d like to reaffirm Trustco Bank’s commitment to serving our communities through careful financial management and high-quality service. This enduring mission guides us as we respond to this situation by providing you with the information, support, and advice you need to manage your finances in this market and plan for your future. We continue to remain thankful...

Ms. Julie Eastland, a strategic and financial executive with over 25 years of experience in biotechnology companiesMr. Brent MacGregor, a senior executive with over 20 years of global strategy and commercial experience in the vaccines industryEMERYVILLE, Calif., July 21, 2020 (GLOBE NEWSWIRE) —  Dynavax Technologies Corporation (Nasdaq: DVAX), a biopharmaceutical company focused on developing and commercializing novel vaccines, today announced the appointment of Ms. Julie Eastland and Mr. Brent MacGregor to its Board of Directors.“We are delighted to welcome Julie and Brent, both highly experienced professionals within their respective fields, to the Dynavax Board of Directors,” commented Ryan Spencer, Chief Executive Officer of Dynavax. “I look forward to their strategic input as Dynavax continues to build a leading vaccine company...

CLEARFIELD, Penn., July 21, 2020 (GLOBE NEWSWIRE) — CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the second quarter ended June 30, 2020.Joseph B. Bower, Jr., President and CEO, stated, “Like most community banks across America, we spent the second quarter continuing to help our customers navigate through this difficult period. It has been challenging, yet very rewarding, for us to be able to help keep our communities safe, employed and encouraged for the future. CNB is fortunate to operate in an environment of strong work ethic and I believe this is why we had a favorable financial performance this quarter and why our outlook remains positive.”Earnings Performance HighlightsThe three months ended June 30, 2020 include merger costs related...