Day: July 29, 2020

FREMONT, Calif., July 29, 2020 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that it has started production shipments of the Enphase Encharge™ storage system to customers in North America. Encharge storage systems feature Enphase Ensemble™ energy management technology, which powers the world’s first grid-agnostic microinverter-based storage system.“We are pleased to deliver the Enphase Encharge storage system to installers, and provide homeowners a world-class, all-in-one smart energy system,” said Badri Kothandaraman, president and CEO of Enphase Energy. “We shipped units in June for pilot runs with a few of our installers, and the feedback has been great. Installers clearly see this system as a safe, reliable,...

Intends to File Voluntary Chapter 11 Petitions to Implement Financial RestructuringReceives Committed DIP and Exit Financing of up to $615 Millionto Support Continued Operations in the Normal CoursePLANO, Texas, July 29, 2020 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (the “RSA”) with funded debtholders holding 100% of revolving credit facility loans, approximately 67.2% of second lien notes and approximately 70.8% of convertible notes for a “pre-packaged” plan that will eliminate the Company’s $2.1 billion of bond debt.To implement the balance sheet restructuring contemplated by the RSA, the Company is soliciting approval of the “pre-packaged” plan and expects to file voluntary petitions for reorganization under Chapter...

GRAND BAIE, Mauritius, July 29, 2020 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to provide the following updates regarding its operational initiatives and ownership level of its flagship Bisie tin mine in the Democratic Republic of the Congo.Alphamin to increase ownership of its Bisie tin mineIn connection with Alphamin’s equity offering concluded in May 2020, Alphamin settled certain third-party indebtedness of indirect subsidiary Alphamin Bisie Mining SA (ABM), the owner of the Bisie tin mine, by the issue of Alphamin shares in consideration for a temporary loan due by ABM. Alphamin has now secured the required Board and shareholder approvals from ABM to convert this ABM loan into new shares of ABM. This will increase Alphamin’s equity ownership of its flagship...

SOUTH ORANGE, NJ, July 29, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nephros, Inc. (Nasdaq: NEPH), a commercial-stage company that develops and sells water purification products and pathogen detection systems to the medical and commercial markets, today announced that it will file its second quarter 2020 financial results on Wednesday, August 5, 2020 and will host a conference call that same day at 4:30 PM ET, during which management will discuss the company’s financial results and provide a general business overview. Participants may dial into the following number to access the call: 1-844-808-7106. International callers may use 1-412-317-5285. Please ask to be joined into the Nephros conference call. A replay of the call can be accessed until August 12, 2020 at 1-877-344-7529 or 1-412-317-0088 for international callers...

WASHINGTON, July 29, 2020 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that Global Arbitration Review (“GAR”) has recognized the firm and its Compass Lexecon subsidiary as top expert witness firms in its annual GAR 100 Expert Witness Firms’ Power Index.FTI Consulting ranked first, and Compass Lexecon ranked third among all firms. According to GAR’s analysis, FTI Consulting continues to lead the ranks with 29 expert witnesses recognized by Who’s Who Legal and recorded more than 90 construction hearings to date, the most of any firm. Compass Lexecon remains the number one firm for energy, with 32 hearings recorded. Compass Lexecon is also credited with having the most investor-state cases, with 28 hearings logged.This year, GAR’s Power Index collected information directly from expert firms via questionnaires...

~ First Quarter Sales of $247.1 Million ~~ First Quarter Diluted EPS of $.09, including $.06 of Store Closing Costs ~~ Provides Update on Actions to Mitigate Impact of COVID-19 Pandemic ~~ Completes Rollout of Amazon.com Collaboration to Provide Tire Installation Services Across Store Base ~~ Completes Planned Closure of 42 Stores as Part of Portfolio Optimization ~~ Amends Revolving Credit Facility to Maximize Financial Flexibility ~~ Not Issuing Fiscal 2021 Guidance Due to Uncertainty Related to COVID-19 ~ROCHESTER, N.Y., July 29, 2020 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its first quarter ended June 27, 2020.First Quarter ResultsSales for the first quarter of the fiscal year ending March 27, 2021 (“fiscal 2021”)...

JOHNS CREEK, Ga., July 29, 2020 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering multi-regional less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported second quarter 2020 financial results.  Diluted earnings per share in the quarter were $1.07 compared to $1.40 in the second quarter of 2019.Highlights from the second quarter operating results were as follows:Second Quarter 2020 Compared to Second Quarter 2019 ResultsRevenue was $418.1 million, a 9.9% decreaseOperating income was $35.7 million, a 30.3% decreaseOperating ratio of 91.5 compared to 89.0LTL shipments per workday decreased 9.7%LTL tonnage per workday decreased by 8.9%LTL revenue per hundredweight decreased 0.6%LTL revenue per shipment rose 0.3% to $235.08“Our second quarter results were...

NORWALK, Conn., July 29, 2020 (GLOBE NEWSWIRE) — Reed’s Inc. (Nasdaq: REED), owner of the nation’s leading portfolio of handcrafted, all-natural beverages, today announced that it intends to issue its financial results for the second quarter ended June 30, 2020 after the market close on Monday, August 10, 2020.Following the release, members of Reed’s, Inc. senior management team will host a conference call with financial analysts and investors at 4:30 p.m. Eastern Time. This conference call can be accessed via a link on Reed’s investor website at http://investor.reedsinc.com/ under the “Events & Presentations” section or directly at http://public.viavid.com/index.php?id=140757. To listen to the live call over the Internet, please go to Reed’s website at least 15 minutes early to register, download and...

TORONTO, July 29, 2020 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce the incorporation of the National Health Service’s (NHS) mandated daily review and daily situation report (SITREP) into its proprietary MCAP (Making Care Appropriate for Patients) Clinical Utilization Review solution.VitalHub has worked closely with the National Health Service England and National Health Service Improvement to embed their mandated daily review and daily Situation report (SITREP) into the Company’s patient flow software, offering a streamlined and efficient solution that takes frontline staff 15 – 30 seconds per patient, per day, to complete. The MCAP tool saves significant clinical time and resource for frontline staff and typically identifies 2x the number of patients for flow than current...

Cyprium Therapeutics, a Fortress partner company, is developing CUTX-101 for Menkes diseaseA rolling submission of a New Drug Application to the FDA is expected to begin in the fourth quarter of 2020NEW YORK, July 29, 2020 (GLOBE NEWSWIRE) — Fortress Biotech, Inc. (Nasdaq: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on acquiring, developing and commercializing high-potential marketed pharmaceutical products and development-stage pharmaceutical product candidates, today announced the publication of a study, “Targeted Next Generation Sequencing for Newborn Screening of Menkes Disease” in Molecular Genetics and Metabolism Reports. The study was published online in July 2020.The study assessed the analytic validity of an ATP7A targeted next generation DNA sequencing assay as a potential newborn screen for Menkes...