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Month: July 2020

CarGurus Releases Latest COVID-19 Sentiment Study

CAMBRIDGE, Mass., July 21, 2020 (GLOBE NEWSWIRE) — CarGurus (Nasdaq: CARG), a leading global online automotive marketplace, today released its second COVID-19 Sentiment Study. When compared to the April CarGurus COVID-19 Sentiment Study, this latest analysis shows that consumers have had a sustained, high interest in purchasing vehicles amid the pandemic.“The benchmarked CarGurus COVID-19 Sentiment Study showed us that while 2020 auto sales may be lagging, they are certainly not lost due to the pandemic,” said Madison Gross, Director of Customer Insights at CarGurus. “The study also shows us that COVID-19 has caused vehicle ownership to become more vital to consumers’ everyday lives, often replacing other transportation methods such as ride-sharing or public transit.”The study’s major findings include:Fewer shoppers reported delaying...

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WW Schedules Second Quarter 2020 Earnings Conference Call

NEW YORK, July 21, 2020 (GLOBE NEWSWIRE) — WW International, Inc. (NASDAQ: WW) will release its results for the second quarter 2020 after market close on Tuesday, August 4, 2020.WW will host a conference call at 5:00 p.m. ET the same day. During the conference call, Mindy Grossman, President and Chief Executive Officer, and Nicholas Hotchkin, Chief Financial Officer, Operating Officer, North America & President, Emerging Markets, will discuss the second quarter 2020 results and answer questions from the investment community.The live webcast of the conference call will be available on the Company’s corporate website, corporate.ww.com, in the Investors section under Presentations and Events. Supplemental investor materials will also be available in the same location prior to the start of the webcast. A replay of the webcast will...

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BioNTech Announces Proposed Public Offerings

MAINZ, Germany, July 21, 2020 (GLOBE NEWSWIRE) — BioNTech SE (Nasdaq: BNTX, “BioNTech” or “the Company”) announced today the proposed public offerings described below. The completion of the proposed public offerings is subject to market and other factors.BioNTech announced the commencement of a firm commitment underwritten offering (the “Underwritten Offering”) of 5,000,000 American Depositary Shares (“ADSs”), each representing one of its ordinary shares. In connection with the Underwritten Offering, an existing shareholder intends to grant the underwriters a 30-day option to purchase up to 750,000 additional ADSs. BioNTech announced that following the setting of the price for the Underwritten Offering, it intends to commence a rights offering (the “Rights Offering”) of rights to subscribe for ADSs extended to holders of ADSs as...

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BioNTech kündigt öffentliche Angebote von American Depositary Shares an

MAINZ, Deutschland, July 21, 2020 (GLOBE NEWSWIRE) — BioNTech SE (Nasdaq: BNTX, „BioNTech“ oder „die Gesellschaft“) gab heute die unten beschriebenen geplanten öffentlichen Zeichnungsangebote von American Depositary Shares (ADSs) bekannt. Die Durchführung der beschriebenen Angebote hängt von Marktbedingungen sowie weiteren Faktoren ab.BioNTech gab bekannt, ein öffentliches Zeichnungsangebot (“Underwritten Offering”) im Volumen von 5.000.000 ADSs, die entsprechende Stammaktien der Gesellschaft repräsentieren, unterbreiten zu wollen. Im Zusammenhang mit dem öffentlichen Zeichnungsangebot beabsichtigt ein bestehender Aktionär, den Emissionsbanken eine 30-tägige Option zum Kauf von bis zu 750.000 zusätzlichen ADSs einzuräumen. BioNTech gab ferner bekannt, nach der Festsetzung des Emissionspreises für das öffentliche Zeichnungsangebot...

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Immuron Announces $20.0 Million Registered Direct Offering

MELBOURNE, Australia, July 21, 2020 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian biopharmaceutical company focused on developing and commercializing oral immunotherapeutics for the prevention and treatment of gut mediated pathogens, today announced that it has entered into definitive agreements with several healthcare-focused institutional investors for the purchase and sale in a 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. The closing of the offering is expected to occur on or about July 23, 2020, subject to the satisfaction of customary closing conditions.H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.The gross proceeds to the...

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Weyland Tech to Present at Wall Street Reporter’s Virtual Investor Conference on Wednesday, July 22, 2020

NEW YORK, July 21, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has been invited to present at Wall Street Reporter’s Next Super Stock Live! virtual investor conference tomorrow, Wednesday, July 22, 2020 at 12:30 p.m. Eastern time (9:30 a.m. Pacific).The event is part of Wall Street Reporter’s flagship investor conference series featuring presentations by a select group of companies. Event attendees will include fund managers, analysts, investment bankers, family offices and individual investors. Weyland CEO, Brent Suen, will present live, followed by a question and answer session.Suen will discuss a number of topics, including Weyland’s award-winning CreateApp™  platform-as-as-service that enables small-and-medium sized businesses...

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Datasea Selected by Harbin Municipal Government of Heilongjiang Province to Conduct Pilot Projects of its Safe Campus Management System at Two New School Campuses

NEW YORK, July 21, 2020 (GLOBE NEWSWIRE) — Datasea Inc. (NASDAQ: DTSS) (“Datasea” or the “Company”), a technology company engaged in providing smart security solutions and developing education-related technologies in China, announced that its subsidiary, Heilongjiang Xunrui Technology (“Xunrui”), was selected by Harbin Municipal Government of Heilongjiang Province to pilot its Safe Campus Management System at two separate schools. As part of the 2019 S&T Achievement Transformation Demonstration and Promotion Plan, Xunrui received approximately $113,000 USD in subsidies from Harbin Municipal Government of Heilongjiang Province for the project.Xunrui, the developer and marketer of Datasea’s smart security system products, was chosen as the finalist amongst its competitors. This system includes core functions of intelligent video...

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Hill International to Develop State-of-the-Art Research Campus for Indian Oil Corporation Limited

PHILADELPHIA and FARIDABAD, India, July 21, 2020 (GLOBE NEWSWIRE) — Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it has been selected by Indian Oil Corporation Limited (IOCL) to provide project management consultancy services for the development of the corporation’s new $275 million, approximately 60 acre research campus, the Indian Oil Technology Development and Deployment Center.The IOCL’s current research and development facility, which opened in 1972, lacks space for further expansion. Given expansive trends in the company’s research interests, more room is necessary to engage with the myriad of scientific disciplines critical to the company’s future business plans. The IOCL envisions a campus that, in addition to ambitiously serving research and development, surpasses global...

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Thomas McDermott Joins EverQuote as SVP of Health & Medicare

CAMBRIDGE, Mass., July 21, 2020 (GLOBE NEWSWIRE) — EverQuote, Inc. (Nasdaq: EVER), a leading online insurance marketplace, is pleased to announce that Thomas McDermott has joined as Senior Vice President of Health & Medicare.“Tom is a skilled manager with extensive experience operating at scale in a tech and data centric environment. His background well positions him to drive growth and expansion in our Health and Medicare business in the coming years. We’re absolutely thrilled to have him join the EverQuote leadership team.”“EverQuote is an exceptionally rare company – data driven and composed of talented, disciplined builders,” said McDermott. “The world class EverQuote team is disrupting the massive, growing online insurance market through the creative application of technology and a laser focus on adding value for...

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Simmons Reports Second Quarter 2020 Earnings

PINE BLUFF, Ark., July 21, 2020 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (the “Company” or “Simmons”) today announced net income of $58.8 million for the quarter ended June 30, 2020, compared to $55.6 million for the same period in 2019, an increase of $3.2 million, or 5.7%. Diluted earnings per share were $0.54, a decrease of $0.04, or 6.9%, compared to the same period in the prior year. Included in second quarter 2020 results were $3.0 million in net after-tax merger-related, early retirement program and branch right-sizing costs as well as a $1.6 million after-tax gain associated with the sale of branches.Excluding the impact of these items, core earnings were $60.1 million for the quarter ended June 30, 2020, compared to $65.5 million for the quarter ended June 30, 2019, a decrease of $5.3 million,...

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