Month: July 2020

NEW YORK, July 17, 2020 (GLOBE NEWSWIRE) — Applied Therapeutics, Inc. (Nasdaq: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, announced presentations covering the AT-007 Galactosemia development program at the Galactosemia Foundation 2020 Virtual Conference, July 17-19. The Galactosemia Foundation Conference is a unique platform that brings together patients and families with Galactosemia alongside researchers and physicians.“We are excited to share our development progress with the Galactosemia community,” said Shoshana Shendelman, PhD, Founder and CEO of Applied Therapeutics. “Our long-term partnership with the Galactosemia Foundation, families and physicians is essential to bringing treatment to patients.”Oral...

CARGOTEC CORPORATION, 2020 HALF YEAR FINANCIAL REPORT, 17 JULY 2020 AT 2:00 PM EESTCargotec’s half year financial report January–June 2020: Solid performance in an exceptional environmentDemand and our delivery capability improved during the course of the quarterService and software business resilient Rapid reaction to the COVID-19 crisis visible in comparable operating profitStrong financial position, total liquidity at EUR 970 millionWe introduced our climate ambition to be a 1.5 degree companyApril–June 2020 in brief: Demand and our delivery capability improved towards the end of the quarterOrders received decreased by 27 percent and totalled EUR 637 (872) million. Order book amounted to EUR 1,822 (31 Dec 2019: 2,089) million at the end of the period.Sales decreased by 17 percent and totalled EUR 756 (911) million.Service sales decreased...

CARGOTEC OYJ, PUOLIVUOSIKATSAUS TAMMI–KESÄKUU 2020 17.7.2020 KLO 14.00Cargotecin puolivuosikatsaus tammi–kesäkuu 2020: Hyvä suoritus poikkeuksellisessa toimintaympäristössäKysyntä ja toimituskykymme paranivat vuosineljänneksen edetessäHuolto- ja ohjelmistoliiketoiminta säilyi vakaanaRipeä reagointi koronakriisiin näkyy vertailukelpoisessa liikevoitossammeRahoitusasemamme on vahva, kokonaislikviditeetti oli 970 miljoonaa euroaEsittelimme ilmastotavoitteemme olla 1,5 asteen yhtiöHuhti–kesäkuu 2020 lyhyesti: Kysyntä ja toimituskykymme paranivat neljänneksen loppua kohdenSaadut tilaukset laskivat 27 prosenttia ja olivat 637 (872) miljoonaa euroa.Tilauskanta kauden lopussa oli 1 822 (31.12.2019: 2 089) miljoonaa euroa.Liikevaihto laski 17 prosenttia ja oli 756 (911) miljoonaa euroa.Huoltoliiketoiminnan liikevaihto laski 8 prosenttia ja oli...

HAMILTON, Bermuda, July 17, 2020 (GLOBE NEWSWIRE) — Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP), has declared a cash distribution of $0.25 per common unit for the quarter ended June 30, 2020. This corresponds to $1.00 per common unit on an annualized basis, which is 32 percent higher than last year’s annual distribution.The cash distribution is payable on August 14, 2020 to all common unitholders of record on July 31, 2020.  Teekay LNG’s common unit distributions are reported on Form 1099 for United States tax purposes.About Teekay LNGTeekay LNG Partners is one of the world’s largest independent owners and operators of LNG carriers, providing LNG and LPG services primarily under long-term, fee-based charter contracts through its interests in 47 LNG carriers, 23 mid-size...

GOLDEN, Colo., July 17, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) announced today that it has signed a letter of intent (the “Agreement”) with Fabled Copper Corp. (TSXV: FCO) (“Fabled”) for a transaction that, if executed, would grant Fabled the option to acquire a 100% interest in Golden’s Santa Maria silver-gold project located in Chihuahua State, Mexico.In October 2019, Golden Minerals entered into a similar option agreement with Magellan Gold (“Magellan”) that gave Magellan a 150-day period in which to complete due diligence and secure funding for its purchase of the Santa Maria project. That agreement expired prior to execution.The Agreement provides a 10-calendar day period during which Fabled will conduct its due diligence. Pertinent details...

Allentown, PA, July 17, 2020 (GLOBE NEWSWIRE) — CrossAmerica Partners to AnnounceSecond Quarter 2020 Earnings Results on August 6ALLENTOWN, PA, July 17, 2020 – CrossAmerica Partners LP (NYSE: CAPL) today announced that it will release its second quarter 2020 results after the market closes on Thursday, August 6, 2020. In conjunction with the news release, management will host a conference call on Friday, August 7, at 9:00 a.m. Eastern Time.The conference call numbers are 800-774-6070 or 630-691-2753 and the passcode for both is 7265208#. A live audio webcast of the conference call and the related earnings materials, including reconciliations of any non-GAAP financial measures to GAAP financial measures and any other applicable disclosures, will be available on that same day on the investor section of the CrossAmerica website (www.crossamericapartners.com). ...

WILMINGTON, Del., July 17, 2020 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2020 third-quarter financial results. Additional information regarding third-quarter fiscal earnings will be shared during a conference call webcast with securities analysts on July 29, 2020.Preliminary fiscal 2020 third-quarter financial resultsAshland’s financial results demonstrated resiliency during the quarter, despite the global macroeconomic uncertainty brought on by the COVID-19 pandemic. Sales were approximately $574 million, down 10 percent versus the prior-year period, as strength in many consumer markets was more than offset by weak industrial demand across the globe.Ashland expects income from continuing operations during the third fiscal quarter of approximately $50 million, or...

Results reflect additional CECL-related reserve build of $93 million, or $0.23 per share driven by COVID-19 impactStrong fee income, up 31% year over year driven by strength in fixed incomeCET1 ratio of 9.3% improved 72 bps from first quarter 2020Tangible book value per share of $9.99MEMPHIS, Tenn., July 17, 2020 (GLOBE NEWSWIRE) — First Horizon National Corp. (NYSE:FHN or “First Horizon”) today reported second quarter net income available to common shareholders (“NIAC”) of $52 million, or $0.17 per share, up from $12 million and $0.04 per share in first quarter 2020.  Adjusted NIAC, excluding certain notable items, was $64 million, or $0.20 per share, compared with $17 million and $0.05 per share in first quarter 2020.                                                               “In this quarter of significant pandemic-related...

Newport Beach, Calif., July 16, 2020 (GLOBE NEWSWIRE) — On February 25, 2020, DPW Holdings, Inc. (NYSE American: DPW) a diversified holding company (“DPW,” or the “Company”) announced that on February 19, 2020, DPW entered into a definitive settlement agreement (the “Agreement”) between Plaintiffs Ethan Young and Greg Young, derivatively on behalf of Nominal Defendant DPW against the Company’s then directors and DPW itself, Case No. 2:18-cv-06578, filed in the United States District Court (the “Court”) in the Central District of California on July 31, 2018.On April 15, 2020, the Court issued an Order (the “Preliminary Order”) approving a Motion for Preliminary Approval of Settlement in the Derivative Action filed against DPW as a Nominal Defendant and its directors who served on its board of directors on July 31, 2018.On July 16,...

SINGAPORE, July 17, 2020 (GLOBE NEWSWIRE) — ASLAN Pharmaceuticals (Nasdaq: ASLN, TPEx:6497), a clinical-stage immunology and oncology focused biopharmaceutical company developing innovative treatments to transform the lives of patients, today announced further progress towards a primary listing on the Nasdaq Global Market (“Nasdaq”) and receipt of a Notice of Delisting from the Taipei Exchange (“TPEx”), an expected step in the TPEx delisting process. The company will retain its listing of American Depositary Shares (“ADS”) on Nasdaq in the United States and existing holders of ADS do not need to take any action as a result of this announcement.Dr Carl Firth, Chief Executive Officer, ASLAN Pharmaceuticals, said: “Changing the company’s primary listing to Nasdaq will enhance our ability to raise capital given the greater flexibility...