Day: July 29, 2020

Q2’20 results exceeded expectations; Solid market position and portfolio strength to successfully navigate near-term challengesST. LOUIS, July 29, 2020 (GLOBE NEWSWIRE) —A PDF accompanying this release is available at: http://ml.globenewswire.com/Resource/Download/188bedbc-da35-4bdb-979a-c40f5370795b Q2’20 earnings per diluted share were $0.12 compared to a loss per diluted share of $0.27 in Q2’19. Q2’20 adjusted (non-GAAP)1 earnings per diluted share were $0.25 compared to $0.37 in the prior year.Revenues in the quarter were $245 million. Despite year-over-year COVID-related disruptions and revenue declines across much of the business, the flagship Insituform North America business successfully grew revenues, new orders and backlog, underpinned by our leading position combined with the strength and stability of the North American...

SAN FRANCISCO, July 29, 2020 (GLOBE NEWSWIRE) — Sunrun Inc. (Nasdaq:RUN), the nation’s leading home solar, battery storage and energy services company, and SK E&S and other affiliated companies, a top global energy and technology company, today announced they have co-invested in a new venture with plans to electrify the home. This partnership will use the resources and knowledge base of both well-established companies to advance the development of a modern energy system.Using Sunrun’s existing home solar and battery business as a starting place for establishing long-term customer relationships, this partnership will execute on its ambitious plans to electrify the whole home and contribute to Sunrun’s mission to create a planet run by the sun. Sunrun’s 20-plus year customer relationships offer future opportunities to engage...

—Net Asset Value of $0.12 per unit as of June 30, 2020–Guernsey, Channel Islands, July 30, 2020 (GLOBE NEWSWIRE) —  AP Alternative Assets, L.P. (“AAA”, Euronext Amsterdam: AAA) today released its financial results for three and six months ended June 30, 2020. AAA invests its capital through, and is the sole limited partner of, AAA Investments, L.P., which is referred to as the “Investment Partnership.”HighlightsNet asset value at June 30, 2020 was $9.3 million, or $0.12 per unit, reflecting a net increase in net assets of approximately $2.2 million, or $0.03 per common unit during the three months ended June 30, 2020.  The increase in net asset value for AAA was due to an increase in net assets from operations due to the increase in fair value of the Investment Partnership’s investment in Athene.Net Asset Value for...

VANCOUVER, Washington, July 29, 2020 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today it completed a new non-dilutive convertible debt offering with an institutional investor, which provides $25 million of immediately available capital. The note, has a two-year maturity, bears interest at the rate of 10% per annum and is secured by all assets of the Company, excluding its intellectual property.  The note may be converted at the option of the investor into shares of the Company’s common stock at a conversion price of $10.00 per share.Nader Pourhassan, Ph.D., President and Chief Executive Officer of CytoDyn, stated, “We are very pleased with...

HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced its second-quarter 2020 results on its website at www.altusmidstream.com/investors.There will be a conference call July 30 at 1 p.m. Central time to discuss the results. It will be webcast and archived on Altus’ website and available for playback by telephone for one week. The number for the replay is (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 5487776.About Altus Midstream CompanyAltus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns substantially all the gas gathering, processing and transmission assets servicing production from Apache Corporation (“Apache”) (Nasdaq: APA) in the Alpine High play in the Delaware...

HOUSTON, July 29, 2020 (GLOBE NEWSWIRE) — Apache Corporation (Nasdaq: APA) today announced second-quarter 2020 results on its website at www.apachecorp.com or investor.apachecorp.com as well as on Twitter (@ApacheCorp).There will be a conference call July 30 at 10 a.m. Central time to discuss the results. It will be webcast and archived on Apache’s website and available for playback by telephone for one week. The number for the replay is 855-859-2056 or 404-537-3406 for international calls. The conference access code is 6166527.About ApacheApache Corporation is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom, and exploration activities offshore Suriname. Apache posts announcements, operational updates, investor information and copies of all press releases on its...

OMAHA, Neb., July 29, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced it has received final credit approval for a $75 million, 15 year term loan facility that will support the execution of its protein strategy. The new loan, which is subject to final documentation, is expected to close by the end of the third quarter at which time additional details of the facility will be provided. The company today also announced it has chosen Green Plains Wood River LLC as the second location for the installation of high protein production using Fluid Quip Technologies’ patented Maximized Stillage Co-Products (MSCTM) system. Based on current schedules, high protein ingredient production at Wood River is expected to begin during the second quarter of 2021.“This financing represents the next step in our transformation to...

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — Shawcor Ltd. (TSX: SCL) announced today that it has entered into an amending agreement with its existing syndicate of lenders under its credit facility that provides covenant relief through December 31, 2021. Steve Orr, Chief Executive Officer of Shawcor commented “The confidence and support of the Company’s lender partners made this amendment possible. With the amendment finalized, a very important element is in place that will assist Shawcor in managing through near term uncertainty, executing on its strategy through 2021 and beyond, and remaining an industry leader”.As previously announced on June 25, 2020, all lenders in Shawcor’s banking syndicate had waived compliance with the leverage and interest coverage ratios under the credit facility for Shawcor’s second fiscal quarter ending...

SAN DIEGO, July 29, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) announced today that a study published in the journal Nature (Jebb, D., Huang, Z., Pippel, M. et al. Six reference-quality genomes reveal evolution of bat adaptations. Nature 583, 578–584 (2020)) used Bionano’s genome imaging technology to build reference-quality genomes of six bat species. The genomes provide evidence that bats can tolerate and survive viral infections much better than other mammals, a trait that is highly relevant in the context of the COVID-19 pandemic.The study was performed as part of the Bat1K global genome consortium in coordination with the Vertebrate Genome Project (VGP).  Bionano’s Saphyr genome imaging system played a key role in constructing the genome assemblies that were studied to understand how bats can carry deadly...