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Month: July 2020

Advisory: Fortis Inc. to Hold Teleconference on July 30 to Discuss Second Quarter 2020 Results

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...

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Orange Demos Dynamic, Self-Healing 5G Network Slice Management with HPE and Casa Systems

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...

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Emmaus Life Sciences Accelerates Middle East and North Africa (MENA) Growth Strategy with Opening of its Dubai Office

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...

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Surrey Bancorp Reports Second Quarter Net Income of $971,563

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...

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Worldline: Strong success of the issuance of Bonds Convertible into New Shares and/or Exchangeable for Existing Shares (OCEANE) due 2025

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...

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Worldline: Large succès de l’émission d’obligations à option de conversion et/ou d’échange en actions nouvelles ou existantes (OCEANE) à échéance 2025

Large succès de l’émission d’obligations à option de conversion et/ou d’échange en actions nouvelles ou existantes (OCEANE) à échéance 2025Bezons, 23 juillet 2020 – Worldline (la « Société ») (Euronext Paris: FR0011981968), leader européen dans le secteur des paiements et des services transactionnels, a procédé aujourd’hui avec succès au placement d’une émission d’obligations à option de conversion et/ou d’échange en actions nouvelles ou existantes (« OCEANE ») venant à échéance le 30 juillet 2025 (les « Obligations ») l’offre ayant lieu uniquement auprès d’investisseurs qualifiés (au sens du Règlement (UE) 2017/1129) conformément à l’article L.411-2-1° du Code monétaire et financier, pour un montant nominal d’environ 600 millions d’euros (l’« Emission »).En raison de la forte demande des investisseurs, la taille initiale de l’Emission...

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WISeKey Launches WISeTravel, the Future Tourism App You Won’t Want to Leave Home Without

WISeKey Launches WISeTravel, the Future Tourism App You Won’t Want to Leave Home WithoutGeneva, Brussels – July 23, 2020: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, today announced the launch of WISeTravel, a free app for travelers.  For more information, please visit www.wisetravel.io.The world is facing a new normal. The COVID-19 global pandemic and the intensifying climate crisis are creating disruptions, threats and challenges to people and planet on an unprecedented scale.Travel & Tourism, which drives 10% of the global economy, was brought to a standstill by COVID-19 and like so much of our familiar world, it will be very different in the future. There is a massive and chaotic scale, scope and pace of change. The sector is struggling to build recovery...

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Kadant to Hold Earnings Conference Call on Wednesday, July 29, 2020

WESTFORD, Mass., July 23, 2020 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) announced it will release its 2020 second quarter results after the market closes on Tuesday, July 28, 2020 and will hold a webcast the next day, Wednesday, July 29, 2020 at 11:00 a.m. eastern time. During the call the Company will discuss its second quarter financial performance and future expectations.To listen to the call live, go to the “Investors” section of the Company’s website at www.kadant.com. To participate in the live question and answer session, dial 888-326-8410 within the U.S., or +1-704-385-4884 outside the U.S., and reference participant passcode 4880692. The earnings release and webcast presentation will be posted in the “Investors” section of the Company’s website. A replay of the webcast will be available on the Company’s website through...

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Immuron Limited Announces Closing of $20.0 Million Registered Direct Offering

MELBOURNE, Australia, July 23, 2020 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), (the “Company”), an Australian biopharmaceutical company focused on developing and commercializing oral immunotherapeutics for the prevention and treatment of gut mediated pathogens, today announced the closing of its previously announced registered direct offering of 1,066,668 American Depositary Shares (“ADSs”), each representing forty (40) of the Company’s ordinary shares, at a purchase price of $18.75 per ADS for gross proceeds of approximately US$20.0 million.H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.The Company intends to use the net proceeds from this offering to fund Immuron’s research and development, preclinical and clinical programs, support marketing initiatives surrounding the Company’s...

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Dorchester Minerals, L.P. Announces Its Second Quarter Distribution

DALLAS, TEXAS, July 23, 2020 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (NASDAQ:DMLP) announced today the Partnership’s second quarter 2020 cash distribution.  The distribution of $0.226318 per common unit represents activity for the three-month period ended June 30, 2020 and is payable on August 13, 2020 to common unitholders of record as of August 3, 2020.Cash receipts attributable to the Partnership’s Royalty Properties during the second quarter totaled approximately $6.3 million. Approximately 62% of these receipts reflect oil sales during March 2020 through May 2020 and gas sales during February 2020 through April 2020, and approximately 38% from prior sales periods. Cash receipts attributable to the Partnership’s Net Profits Interests during the second quarter totaled approximately $4.0 million. Approximately 59% of these...

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