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Month: July 2020

XPO Logistics Schedules Second Quarter 2020 Earnings Conference Call for Friday, July 31, 2020

GREENWICH, Conn., July 08, 2020 (GLOBE NEWSWIRE) — XPO Logistics, Inc. (NYSE: XPO) will hold its second quarter conference call and webcast on Friday, July 31, at 8:30 a.m. Eastern Time. The company’s results will be released after market close on July 30 and made available on www.xpo.com.Access information:Call toll-free from US/Canada: 1-877-269-7756International callers: +1-201-689-7817Live webcast online at: www.xpo.com/investorsA replay of the conference call will be available until August 31, 2020, by calling toll-free (from US/Canada) 1-877-660-6853; international callers dial +1-201-612-7415. Use the passcode 13706704. Additionally, the call will be archived on www.xpo.com/investors.About XPO LogisticsXPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the...

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Atreca and Xencor Enter Strategic Collaboration to Discover, Develop and Commercialize Novel T Cell Engaging Bispecific Antibodies

SOUTH SAN FRANCISCO, Calif. and MONROVIA, Calif., July 08, 2020 (GLOBE NEWSWIRE) — Atreca, Inc. (Atreca) (NASDAQ: BCEL), a clinical-stage biotechnology company focused on developing novel therapeutics generated through a unique discovery platform based on interrogation of the active human immune response, and Xencor, Inc. (NASDAQ: XNCR), a clinical-stage biopharmaceutical company developing engineered monoclonal antibodies for the treatment of cancer and autoimmune diseases, today announced that the companies have entered into a collaboration and license agreement to research, develop and commercialize T cell-engaging bispecific antibodies as potential therapeutics in oncology.Bispecific antibodies that direct T cells to tumor cells, by simultaneously binding CD3 on T cells and a target on tumor cells, have the potential to drive...

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Northern Technologies International Corporation Reports Financial Results for Third Quarter Fiscal 2020

MINNEAPOLIS, July 08, 2020 (GLOBE NEWSWIRE) — Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the third quarter of fiscal 2020. Third quarter fiscal 2020 financial and operating results include (with growth rates compared to third quarter fiscal 2019 results):  Consolidated net sales decreased 34.6% to $9,745,000ZERUST® industrial product net sales decreased 24.1% to $6,258,000ZERUST® oil and gas net sales decreased 51.9% to $425,000NTIC China product net sales decreased 16.3% to $3,089,000Natur-Tec® product net sales decreased 50.4% to $2,388,000Joint venture operating income decreased 49.0% to $1,688,000Operating expenses declined 10.2% to $5,651,000NTIC...

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Forescout Technologies Announces Preliminary Second Quarter 2020 Revenue

SAN JOSE, Calif., July 08, 2020 (GLOBE NEWSWIRE) — Forescout Technologies, Inc. (NASDAQ:FSCT), the leader in device visibility and control, today announced preliminary unaudited results for its second quarter ended June 30, 2020, based upon preliminary unaudited financial information.Total revenue for the second quarter is expected to be in the range of $78 million – $82 million, up 40% quarter-over-quarter at the midpoint of the range.  Within this, the company anticipates license revenue from sales of one-year term-based licenses to be in excess of 35% of all license revenue.During the second quarter, Forescout closed strategic deals with both new and existing customers and demonstrated strong traction on its plan of building a more predictable revenue stream through sales of term-based licenses and other subscription offerings. Michael...

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HCI Group Declares Q3 2020 Quarterly Cash Dividend

TAMPA, Fla., July 08, 2020 (GLOBE NEWSWIRE) — The board of directors of HCI Group, Inc. (NYSE:HCI), an InsurTech company with operations in insurance, software development and real estate, has declared a regular quarterly cash dividend in the amount of 40 cents per common share for the third quarter of 2020. The dividend will be paid September 18, 2020 to shareholders of record on the close of business August 21, 2020.About HCI Group, Inc.HCI Group, Inc. is an InsurTech company with operations in insurance, software development and real estate. HCI’s leading insurance operation, TypTap Insurance Company, is a rapidly growing, technology-driven insurance company, which provides homeowners’ insurance and flood insurance primarily in Florida. TypTap’s operations are powered in large part by insurance-related information technology...

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Cue Biopharma Announces PLOS One Publication Demonstrating the Generation and Evaluation of Novel Molecules with Directed Mutations within the B7 Superfamily

– Novel insights into receptor binding events and interfaces have led to generation of selective molecules with unique biochemical and functional properties through an effort led by Dr. Steven Almo at Albert Einstein College of Medicine– Enhances Cue Biopharma’s ability to engineer molecules for therapeutic immune modulation through Immuno-STAT and Neo-STAT platformsCAMBRIDGE, Mass., July 08, 2020 (GLOBE NEWSWIRE) — Cue Biopharma, Inc. (NASDAQ: CUE), a clinical-stage biopharmaceutical company engineering a novel class of injectable biologics to selectively engage and modulate targeted T cells within the body, today announced the peer-reviewed publication of data focused on generation and evaluation of libraries of checkpoint molecules with directed mutations providing novel biological properties in a paper titled “Mechanistic...

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Maple Leaf Green World Inc. Launches A New Website For Its CBG Hemp Project

CALGARY, Alberta, July 08, 2020 (GLOBE NEWSWIRE) — Maple Leaf Green World Inc. (“Maple Leaf” or the “Company”) (NEO: MGW, OTCQB: MGWFF) is pleased to announce the launch of a new website for its CBG Hemp Project under the name of its subsidiary, Golden State Green World. The new website is at https://www.gsgreenworld.com. Since the start of the CBG Hemp Project, the Company has been receiving numerous international inquiries about its La Crème CBG products. This website will focus specifically on the CBG Hemp Project and provide purchasing details, information, pictures, progress, and updates for interested parties.CBG Hemp Project UpdateThe Company is also pleased to announce that all 5 greenhouses have been planted to full capacity with La Crème. The plants in the first greenhouse have entered into the flowering stage and will...

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Steelcase Recognized as One of the 50 Most Community-Minded Companies in the United States

GRAND RAPIDS, Mich., July 08, 2020 (GLOBE NEWSWIRE) — Recently, Steelcase was named a 2020 honoree of The Civic 50, an initiative of Points of Light. The company’s expansive involvement in community programs – including a mix of volunteered time, product/service donations and financial gifts, as well as the integration of community commitment into business policies and practices – led to the recognition.“At Steelcase, we believe business can be a force for good and, by leveraging our scale and resources around the globe, we can make a real difference in the communities where we live and work,” said Kim Dabbs, director of social innovation at Steelcase. “This recognition honors our commitment to helping others reach their full potential and transform the way organizations and the systems we are a part of engage, improve and innovate.”Steelcase’s...

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Oportun Provides Business Update

SAN CARLOS, Calif., July 08, 2020 (GLOBE NEWSWIRE) — Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) today provided an update on its business and announced select preliminary unaudited performance metrics for the second quarter ended June 30, 2020. Oportun continues to monitor and proactively navigate the COVID-19 pandemic, taking actions to manage its business in a thoughtful and conservative manner throughout this fluid situation, while ensuring the health and safety of employees and customers. The actions taken over the last quarter have resulted in improving credit trends, steadily increasing originations, and a continued strong balance sheet. Oportun believes it remains well positioned strategically and financially in the current environment, however, factors such as economic conditions, the unemployment...

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Landstar to Release Second Quarter Results on Wednesday, July 22, 2020

JACKSONVILLE, Fla., July 08, 2020 (GLOBE NEWSWIRE) — Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today it will release its 2020 second quarter results after the market closes on Wednesday, July 22, 2020. The Company will hold its quarterly conference call with analysts and investors the following morning, Thursday, July 23, 2020 at 8:00 a.m. ET to discuss the second quarter results and current outlook. To access the webcast, visit www.investor.landstar.com; click on “Webcasts”; and then “Landstar’s Second Quarter 2020 Earnings Release Conference Call.”For those unable to participate in the live call, or for those who do not have access to the Internet, the call...

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