Day: July 28, 2020

NEW YORK, July 28, 2020 (GLOBE NEWSWIRE) — Amalgamated Bank (Nasdaq: AMAL) (“Amalgamated”) today announced financial results for the second quarter ended June 30, 2020. Second Quarter 2020 HighlightsNet income of $10.4 million, or $0.33 per diluted share, compared to $9.5 million, or $0.30 per diluted share, for the second quarter of 2019Core net income (non-GAAP)¹ of $10.6 million, or $0.34 per diluted share, compared to $9.2 million, or $0.29 per diluted share, for the second quarter of 2019Deposit growth of $793.8 million, or 62.9% annualized, to approximately $5.9 billion compared to a balance of $5.1 billion on March 31, 2020Loan growth of $123.0 million, or 14.1% annualized, from a balance of $3.5 billion on March 31, 2020PACE assessment growth of $68.1 million, or 106.7% annualized, from a balance of $255.3 million on March...

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTIONLONDON, July 28, 2020 (GLOBE NEWSWIRE) — OKYO, the life sciences and biotechnology company, focused on the discovery and development of novel molecules to treat inflammatory dry eye diseases and chronic pain, is pleased to announce that it has raised £3,500,000 through the issue of convertible loan notes (“CLNs”). The proceeds of the CLNs will be used for working capital purposes as detailed below. The CLNs carry an interest rate of 2.15% compounding and have maximum term of 4 years. The CLNs convert into ordinary shares at a price...

Business performance improved throughout the quarter as a result of re-openings, government stimulus and successful collaboration with customers to respond to changes in the market.TransUnion achieved second quarter 2020 results in line with its Upside Case as provided in its scenario-based outlook.TransUnion strengthened its liquidity position, increasing cash on hand by $126 million during the quarter to $432 million, while also reducing its net leverage ratio.CHICAGO, July 28, 2020 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) (the “Company”) today announced financial results for the quarter ended June 30, 2020.“TransUnion delivered results in line with our Upside Case Scenario outlook as a result of improving economic conditions in most of our markets as well as the outstanding work of our associates around the world,” said Chris...

LANCASTER, Pa., July 28, 2020 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE: AWI) today announced it has acquired Turf Design, Inc., a Chicago-based commercial interiors design house and maker of custom felt ceiling and wall solutions with annual revenues of approximately $25 million.  The acquisition strengthens AWI’s design and manufacturing capabilities and broadens its extensive portfolio of architectural specialties ceiling and wall solutions.Turf is the leader in the specialty felt category and operates an 8,000 sq. ft. innovation center and design showroom in downtown Chicago, together with a 75,000 sq. ft. fabrication facility in Elgin, Ill., where it makes a wide range of custom-specified felt ceilings and wall products for a variety of applications.  Turf’s felt products are made primarily of polyethylene terephthalate...

MOSCOW and AMSTERDAM, the Netherlands, July 28, 2020 (GLOBE NEWSWIRE) — Yandex (NASDAQ and MOEX: YNDX), one of Europe’s largest internet companies and the leading search and ride-hailing provider in Russia, today announced its unaudited financial results for the second quarter ended June 30, 2020.Q2 2020 Financial Highlights (1)Q2 2020 consolidated financial resultsRevenues of RUB 41.4 billion ($591.9 million), in line with Q2 2019Net loss of RUB 3.7 billion ($52.3 million), down 203% compared with net income of RUB 3.6 billion in Q2 2019; net loss margin of -8.8%Adjusted net income of RUB 1.9 billion ($27.3 million), down 67% compared with Q2 2019; adjusted net income margin of 4.6%Adjusted EBITDA of RUB 8.5 billion ($121.3 million), down 35% compared with Q2 2019; adjusted EBITDA margin of 20.5%Cash, cash equivalents and...

VIRGINIA BEACH, Va., July 28, 2020 (GLOBE NEWSWIRE) — Armada Hoffler Properties, Inc. (NYSE: AHH) today provided a leasing update on its student housing properties. As of July 27, the Company’s student housing portfolio is 95% pre-leased for the 2020-2021 academic year.Hoffler Place in Charleston, South Carolina is 100% pre-leased.Summit Place in Charleston, South Carolina is 97% pre-leased.Johns Hopkins Village (Nine East 33rd) in Baltimore, Maryland is 91% pre-leased.“I am pleased to report that all three of our student housing assets will be essentially fully occupied for the coming school year,” said Louis Haddad, President and Chief Executive Officer. “Both of our Charleston properties, including the newly-delivered Summit Place, are effectively 100% pre-leased and at Johns Hopkins, we have ample prospects for the remaining...

VANCOUVER, British Columbia, July 28, 2020 (GLOBE NEWSWIRE) — Liberty Gold Corp. (LGD-TSX) (“Liberty Gold” or the “Company”) is pleased to announce additional reverse circulation (“RC”) drill results from the 2020 drill program at its Carlin-style Black Pine oxide gold property in southern Idaho, USA.  Liberty Gold identified nine regional oxide gold targets over a 7.3 square kilometre (“km2”) permit area to be tested in 2020. To date, three of the targets have been tested, resulting in the D-3, F, and D-1 Southeast Extension discoveries.  D-3 AND D-1 EXTENSION DISCOVERIES YIELD HIGH-GRADE RESULTS:D-3 Zone: 1.44 grams per tonne gold (“g/t Au”) over 96.0 metres (“m”), including 1.95 g/t Au over 32.0 m and 1.86 g/t Au over 29.0 m in LBP152.D-1 Southeast Extension Zone: 3.04 g/t Au over 19.8 including 8.54 g/t Au over 4.6 m in LBP150.F...

RENO, Nev., July 28, 2020 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation (TSXV: NUG; OTCQB: NULG.F) provides updates on the permitting and exploration progress on its flagship 108 sq. km Red Hill property located in Nevada’s Cortez trend, which is host to multiple large high-grade Carlin-type gold deposits in one of the world’s premier gold mining jurisdictions. Permitting Update: In June of this year NuLegacy successfully acquired 44 pre-approved Greater Sage-Grouse conservation credits in order to fully satisfy NuLegacy’s compensatory mitigation obligations for its US$500,000 modified Plan of Operations (POP) over the Red Hill project as noted in our news release of June 16, 2020.NuLegacy’s CEO, Albert Matter, comments “We are pleased to be the first exploration company to work with the State’s Sagebrush Ecosystem Program to purchase...

BETHESDA, Md., July 28, 2020 (GLOBE NEWSWIRE) — EagleBank, one of the Washington region’s largest community banks focused on a broad range of commercial banking services for small-to-mid-size businesses, today announced that Ryan Riel, a long-time executive with the Bank, has been named Executive Vice President and Chief Real Estate Lending Officer.“Ryan’s distinguished service and contributions to EagleBank’s business community-building mission and competitive lending platform have made him an invaluable asset to the Bank,” said Antonio (“Tony”) F. Marquez, EagleBank’s Senior Executive Vice President and President of Commercial Banking.  “I know that Ryan will continue to lead, innovate and inspire our real estate lending teams as Chief Real Estate Lending Officer,” Marquez added.Riel has been working in the Commercial Real Estate...

STOCKHOLM, Sweden and WATERTOWN, Mass., July 28, 2020 (GLOBE NEWSWIRE) — Swedish Orphan Biovitrum AB (publ) (Sobi™) (STO:SOBI) today announced that the strategic licensing agreement with Selecta Biosciences, Inc. (Nasdaq: SELB) for SEL-212, entered into as earlier announced on June 11, 2020, became effective on July 28, 2020, following the expiration of the Hart-Scott-Rodino Antitrust Improvements Act waiting period.Under the licensing agreement Sobi must pay USD 75 million in cash as an upfront license fee within 45 days of the effective date.In addition, pursuant to the terms of the share purchase agreement entered into by the parties simultaneously with the licensing agreement, Sobi must pay USD 25 million in cash on the closing date of its investment in a private placement of Selecta common stock, which closing will happen following...