Day: July 23, 2020

Hexatronic Group AB (publ) 556168-6360Press Release July 23, 2020Hexatronic strengthens its system offering in the US with the acquisition of The Light BrigadeHexatronic Group AB (publ) (“Hexatronic”) has on the 23rd of July 2020 entered into an agreement to acquire all shares in The Light Brigade Inc. (“Light Brigade”), a US-based fiber optic training provider for the wireline, wireless, broadband communication, service providers, data centre, electric utility, oil & gas, mining, and industrial market sectors.Light BrigadeLight Brigade was established in 1990 and has trained more than 60,000 people in fiber optics. The headquarters is based in Kent, Washington state, and it has trainers based in several other states to cover all of North America. This enables training to be offered in more than 75 different cities each year. The...

MCLEAN, Va., July 23, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $330 million in K Certificates (K-J30 Certificates), which are expected to settle on or about July 30, 2020.K-J30 PricingCo-Lead Managers and Joint Bookrunners: J.P. Morgan Securities LLC and Morgan Stanley & Co. LLCCo-Managers: BofA Securities, Inc., BMO Capital Markets Corp., Credit Suisse Securities (USA) LLC and Multi-Bank Securities, Inc.Related LinksThe K-J30 Offering Circular Supplement: http://www.freddiemac.com/mbs/data/kj30oc.pdf [pdf] Freddie Mac Multifamily Securitization Overview [pdf]Multifamily Securities Investor Access...

FORT COLLINS, Colo., July 23, 2020 (GLOBE NEWSWIRE) — Woodward, Inc. (NASDAQ: WWD) announced today that it expects to report its fiscal 2020 third quarter financial results at approximately 4:00 p.m. EDT on Thursday, August 6, 2020. A news release will be issued at that time and a conference call will be held at 4:30 p.m. EDT.During the conference call, the company will provide an overview of its business and financial performance. You are invited to listen to the call live via the company’s website, www.woodward.com, on August 6, 2020. The call and presentation will be available on the website by selecting “Investors/Events & Presentations/Events Calendar” from the menu, and will remain accessible on the company’s website for 14 days. You may also listen to the call by dialing 1-877-231-2582 (domestic) or 1-478-219-0714 (international)....

SAN DIEGO, July 23, 2020 (GLOBE NEWSWIRE) — Progenity, Inc. (Nasdaq: PROG), a biotechnology company focused on providing complex molecular and specialized diagnostic tests to clinicians as well as innovating in the field of precision medicine, today announced that it has entered into agreements with the Department of Justice (DOJ) and the Department of Health and Human Services that resolve civil and criminal investigations by such agencies related to certain past business, promotional, and billing practices. After reviewing the Company’s extensive remediation and cooperation efforts, among other considerations, the DOJ determined not to prosecute Progenity and instead entered into a non-prosecution agreement in parallel with civil settlements.“We are very pleased to resolve this matter as it allows us to move forward and concentrate...

WEST POINT, Va., July 23, 2020 (GLOBE NEWSWIRE) — C&F Financial Corporation (the Corporation) (NASDAQ:CFFI), the one-bank holding company for C&F Bank, today reported consolidated net income of $3.7 million, or $1.03 per share, for the second quarter of 2020, compared to $5.8 million, or $1.69 per share, for the second quarter of 2019.  The Corporation reported consolidated net income of $7.4 million for the first six months of 2020, or $2.01 per share, compared with $9.6 million, or $2.77 per share, for the first six months of 2019.  Consolidated net income for the second quarter and first six months of 2020 included provision for loan losses of approximately $3.5 million and $5.5 million, respectively, related to the effects of the COVID-19 pandemic and resulting economic disruption.  Annualized returns on average equity...

ST. JOHN’S, Newfoundland and Labrador, July 23, 2020 (GLOBE NEWSWIRE) — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE: FTS) will release its second quarter 2020 financial results on Thursday, July 30, 2020. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). Barry Perry, President and Chief Executive Officer, and Jocelyn Perry, Executive Vice President, Chief Financial Officer, will discuss the Corporation’s second quarter 2020 financial results.Shareholders, analysts, members of the media and other interested parties in North America are invited to participate by calling 1.877.223.4471. International participants may participate by calling 647.788.4922. Please dial in 10 minutes prior to the start of the call. No pass code is required. A live and archived audio...

PARIS, July 23, 2020 (GLOBE NEWSWIRE) — Hewlett Packard Enterprise (HPE) today announced an innovative technical demonstration of automated 5G network slice orchestration conducted with Orange and Casa Systems (Nasdaq:CASA). Creatively illustrated using a kit robot, the demo highlights the expanding use cases and service agility needed to support 5G business applications, including location-based, telemetry, IoT, edge computing and more that will require low-latency for both the uplink and downlink.In collaboration with HPE and Casa Systems, Orange demonstrated the ability for a cloud-native 5G core network to recognize quality-of-service (QoS) degradations on a common network slice for a mission-critical service or application with specific service level agreement (SLA) parameters and automatically self-correct by creating a new...

TORRANCE, Calif., July 23, 2020 (GLOBE NEWSWIRE) — Emmaus Life Sciences, Inc. (OTCQB: EMMA), a leader in sickle cell disease treatment, announced today the opening of its regional office in Dubai. The Dubai office will be utilized to enhance Emmaus’ relationships with clinicians and patient groups at major hospitals and other government-sponsored health care facilities in communities throughout the Middle East and North Africa (MENA) region. These partnerships are intended to accelerate Emmaus’ path to registration and commercialization of Endari® and to ensure that the estimated 100,000 potentially treatable sickle cell disease patients in the MENA region have access to the product information and real-time assistance needed to effectively treat their disease.The opening of its Dubai office is an important step in Emmaus’ overall...

MOUNT AIRY, N.C., July 23, 2020 (GLOBE NEWSWIRE) — Surrey Bancorp (the “Company”), (Pink Sheets: SRYB), the holding company for Surrey Bank & Trust, today reported earnings for the second quarter of 2020.For the quarter ended June 30, 2020, net income totaled $971,563 or $0.23 per fully diluted share, compared to $1,165,651 or $0.28 per fully diluted common share earned during the second quarter of 2019. Net interest income decreased from $3,338,262 in the second quarter of 2019 to $2,877,332 in the second quarter of 2020. The decrease in net interest income is the result of a sudden decrease in interest rates due to the COVID 19 pandemic. Average loans outstanding in the second quarter of 2020 amounted to $268,196,488 compared to $242,438,661 in the second quarter of 2019. Loan yields decreased from 5.61 percent in the second...

Strong success of the issuance of Bonds Convertible into New Shares and/or Exchangeable for Existing Shares (OCEANE) due 2025Bezons, July 23rd, 2020 – Worldline (the “Company”) (Euronext Paris: FR0011981968), the European leader in the payment and transactional services industry has successfully placed today bonds convertible into new shares and/or exchangeable for existing shares (“OCEANE”) due July 30, 2025 (the “Bonds”) for a nominal amount of approximately €600 million being offered to qualified investors (within the meaning of Regulation (EU) 2017/1129) only in accordance with Article L. 411-2-1° of the French monetary and financial code (Code monétaire et financier) (the “Offering”).Following strong investor demand, the initial amount of €500 million has been increased to approximately €600 million.The net proceeds of the...