Day: July 21, 2020

SUNNYVALE, Calif., July 21, 2020 (GLOBE NEWSWIRE) — Intuitive (the “Company”) (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced financial results for the quarter ended June 30, 2020.Q2 HighlightsWorldwide da Vinci procedures decreased approximately 19% compared with the second quarter of 2019, primarily as a result of the significant disruption caused by the COVID-19 pandemic.The Company shipped 178 da Vinci Surgical Systems, a decrease of 35% compared with 273 in the second quarter of 2019.The Company grew its da Vinci Surgical System installed base to 5,764 systems as of June 30, 2020, an increase of 9% compared with 5,270 as of the end of the second quarter of 2019.Second quarter 2020 revenue of $852 million decreased 22% compared with $1,099 million...

BURLINGAME, Calif., July 21, 2020 (GLOBE NEWSWIRE) — ALX Oncology Holdings Inc., (Nasdaq: ALXO) a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, today announced the closing of its initial public offering of 9,775,000 shares of common stock, including the full exercise of the underwriters’ option to purchase up to 1,275,000 additional shares of common stock, at a public offering price of $19.00 per share. The aggregate gross proceeds to ALX Oncology from the offering were approximately $185.7 million, before deducting underwriting discounts and commissions and other offering expenses. All of the shares in the offering were offered by ALX Oncology. ALX Oncology’s common stock began trading on The Nasdaq Global Select Market on July 17, 2020 under the ticker symbol “ALXO.”Jefferies,...

MCLEAN, Va., July 21, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $828 million in K Certificates (K-F81 Certificates) are expected to settle on or about July 30, 2020. The K-F81 Certificates are backed by floating-rate multifamily mortgages with 7-year terms, which are currently LIBOR-based.K-F81 includes one class (Class AL) of senior bonds indexed to LIBOR and another class (Class AS) of senior bonds indexed to SOFR. Freddie Mac will provide a basis risk guarantee on Class AS that covers any floating interest rate basis risk if the value of SOFR exceeds the value of LIBOR.K-F81 PricingDetailsCo-Lead Managers and Joint Bookrunners:...

RALEIGH, N.C., July 21, 2020 (GLOBE NEWSWIRE) — First Citizens BancShares, Inc. today announced that it will report its second quarter 2020 financial results after the U.S. financial markets close on Tuesday, July 28, 2020.In addition to this announcement, First Citizens will host a conference call to discuss the company’s financial results on Wednesday, July 29, 2020, at 9 a.m. Eastern time.To access this call, dial:The second quarter 2020 earnings presentation will be available on the company’s website at www.firstcitizens.com/earningspresentation.After the conference call, access the replay through Aug. 6, 2020, by dialing 855-859-2056 (domestic) or 404-537-3406 (international) with conference ID 9797043.About First Citizens BancSharesFirst Citizens BancShares Inc. is the financial holding company for First Citizens Bank....

Highlights:Introduces new global Managed Print Cloud Services offeringAnnounces support for Universal Print, a Microsoft 365 cloud print solutionEnhanced online portal allows remote workers to easily acquire printers and suppliesEnables companies to accelerate transition to cloudPALO ALTO, Calif., July 21, 2020 (GLOBE NEWSWIRE) — Today HP Inc. announced print services and solutions that enable companies to accelerate their shift to flexible, cloud-based environments. By harnessing the power of the cloud, HP is delivering personalized services and intelligent, purpose-built solutions that help streamline and automate processes so IT departments can focus on their most strategic priorities.  “Our customers are looking for simple, secure and intuitive solutions that enhance performance and deliver business outcomes,” said David Prezzano,...

Palayan Resources Provides An Overview Of 2018 Kokkus Drill Results And Plans For 2020Windermere, FL, July 21, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Palayan Resources, Inc. (OTC: PLYN) (“Palayan” or the “Company”), an emerging growth gold mining company that engages in the acquisition, exploration, and development of mineral properties, is pleased to provide shareholders with an overview of the 2018 drill results on the Kokkus Project and the Company’s plans for the remainder of 2020.“2020 has been a year of transition for Palayan,” said James Jenkins, CEO of Palayan. “The Company made the strategic decision to acquire the Kokkus Project, thereby augmenting its property portfolio.”“A major factor in our decision to move on the Kokkus Project was the available drill results from 2018, which we felt provided a solid foundation...

WALTHAM, Mass., July 21, 2020 (GLOBE NEWSWIRE) — Eloxx Pharmaceuticals, Inc. (NASDAQ: ELOX), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel therapeutics to treat cystic fibrosis and other diseases caused by nonsense mutations limiting production of functional proteins, today announced that it will release its second quarter 2020 financial and operational results and host a conference call and live webcast on Thursday, August 6, 2020.Conference Call Information:Date: Thursday, August 6, 2020Time: 2:00 p.m. ETDomestic Dial-in Number: (866) 913-8546International Dial-in Number: (210) 874-7715Conference ID: 2191126Live Webcast: accessible from the Company’s website at www.eloxxpharma.com under Events and Presentations or with this link: https://edge.media-server.com/mmc/p/nxdhnad8.About...

HUNTSVILLE, Ala., July 21, 2020 (GLOBE NEWSWIRE) — Aerojet Rocketdyne has successfully completed a second series of propulsion system tests in support of the Operational Fires (OpFires) program, a Defense Advanced Research Projects Agency (DARPA) effort to develop a ground-launched hypersonic missile for tactical use.“We’re pleased to be a part of developing this vital defense technology, applying our decades of experience in hypersonic and missile defense technologies,” said Eileen Drake, Aerojet Rocketdyne CEO and president.During the propulsion tests, called cold gas testing, the test articles operated successfully with all components providing critical data to the operation of the OpFires propulsion system. The test series followed last year’s successful subscale propulsion test firings.DARPA’s OpFires program aims to develop...