Day: August 3, 2020
HIGH POINT, N.C., Aug. 03, 2020 (GLOBE NEWSWIRE) — vTv Therapeutics Inc. (Nasdaq:VTVT) today reported financial results for the second quarter ended June 30, 2020, and provided an update on the progress of its clinical programs.“Building on the successful phase 2 study completed earlier this year with TTP399, we have been highly focused on advancing this promising candidate as an adjunct to insulin for type 1 diabetes into the next stage of clinical development,” said Steve Holcombe, president and CEO. “To this end, we have been engaging with the FDA to determine the development path for TTP399 and are in the planning stages for our first pivotal study, which we anticipate commencing by the end of 2020. We have also continued to enroll patients in our phase 2 study of azeliragon for the treatment of Alzheimer’s disease in patients...
Green Plains Reports Second Quarter 2020 Financial Results
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Results for the Second Quarter of 2020:Net loss attributable to the company of $8.2 million, or $(0.24) per diluted shareAdjusted EBITDA of $17.9 millionCash, cash equivalents and restricted cash of $183.6 million; $289.0 million available under working capital facilitiesIndustrial high-quality alcohol sales positively impacted the quarterGreen Plains Cattle Company achieved record resultsAnnounced USP grade alcohol upgrades for Green Plains York LLC and Green Plains Wood River LLCSecured a $75 million project based financing line, which is expected to close during the third quarter to support high protein production expansion and announced Green Plains Wood River LLC’s high protein projectGreen Plains Partners refinancing of debt facility completedOMAHA, Neb., Aug. 03, 2020 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today...
HighPoint Resources Reports Second Quarter 2020 Financial and Operating Results
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Reported production sales volume of 2.9 million barrels of oil equivalent (“MMBoe”) for the second quarter of 2020, exceeding the high end of guidance by 12% driven by well performance, timing of completions and minimal downtime Oil production sales volume of 1.6 million barrels of oil (“MMBbls”) for the second quarter of 2020; 57% of total equivalent production sales volume exceeding the high end of guidance by 11% Second quarter of 2020 capital expenditures of $25 million were 38% below guidance Second quarter of 2020 controllable operating costs1 were $9.13 per Boe. Excluding non-recurring severance and other costs of $1.36 per Boe, controllable operating costs were 12% lower than the first quarter of 2020 High fluid intensity completions continue to positively impact well performance at Hereford and...
Sensata Technologies Holding plc Announces Pricing of $750 Million of Senior Notes by Sensata Technologies, Inc.
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SWINDON, United Kingdom, Aug. 03, 2020 (GLOBE NEWSWIRE) — Sensata Technologies Holding plc (NYSE: ST) (“Sensata Technologies”) today announced that its indirect wholly owned subsidiary, Sensata Technologies, Inc. (the “Issuer”), priced $750 million in aggregate principal amount of 3.750% senior notes due 2031 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Notes were priced at par. The closing of the offering is expected to occur on August 17, 2020, subject to customary closing conditions. The Notes will be guaranteed on a senior unsecured basis by Sensata Technologies B.V., the Issuer’s indirect parent (“STBV”), and each of STBV’s wholly owned subsidiaries (other than the Issuer) that is a guarantor under Sensata’s senior credit facilities...
Royalty Pharma Appoints Henry A. Fernandez and Ted W. Love, M.D. to the Company’s Board of Directors
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NEW YORK, Aug. 03, 2020 (GLOBE NEWSWIRE) — Royalty Pharma (Nasdaq: RPRX) today announced the appointments of Henry A. Fernandez and Ted W. Love, M.D. to the company’s Board of Directors, effective immediately. Mr. Fernandez is Chairman and Chief Executive Officer of MSCI Inc., a leading global provider of investment decision support tools. Dr. Love is President and Chief Executive Officer of Global Blood Therapeutics, a biopharmaceutical company focused on the treatment and care of sickle cell disease.“Following our successful initial public offering, we are further strengthening the governance of Royalty Pharma with the appointments to the Board of Henry Fernandez and Ted Love,” said Pablo Legorreta, Founder and CEO of Royalty Pharma. “Both are highly entrepreneurial and bring exceptional leadership qualities achieved...
Regency Centers Reports Second Quarter 2020 Results and Provides Business Update Related to COVID-19
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JACKSONVILLE, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) — Regency Centers Corporation (“Regency” or the “Company”) today reported financial and operating results for the period ended June 30, 2020, and provided a business update related to COVID-19.Second Quarter 2020 HighlightsFor the three months ended June 30, 2020, Net Income Attributable to Common Stockholders (“Net Income”) of $0.11 per diluted share.For the three months ended June 30, 2020, NAREIT Funds From Operations (“NAREIT FFO”) of $0.61 per diluted share.Same property Net Operating Income (“NOI”), excluding termination fees, declined by 20.1%, as compared to the three months ended June 30, 2019, driven by a higher rate of uncollectible lease income related to the COVID-19 pandemic. As of June 30, 2020, the same property portfolio was 94.5% leased.Completed a public offering...
Fluent, Inc. to Announce Second Quarter 2020 Financial Results on August 10, 2020
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NEW YORK, Aug. 03, 2020 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a leading data-driven performance marketing company, announced today that it will report its financial results for the second quarter ended June 30, 2020 after the close of the U.S. financial markets on Monday, August 10, 2020.The Company will host a conference call on August 10, 2020 at 4:30pm ET to discuss its quarterly results and provide a business update. The conference call information is listed below. The call will also be webcast simultaneously on the Fluent website at www.fluentco.com. Please login at least 15 minutes prior to the start of the call to ensure adequate time for any downloads that may be required.CONFERENCE CALL & WEBCAST INFORMATIONWHEN: Monday, August 10, 2020 at 4:30pm ETDOMESTIC DIAL-IN: (888) 339-0797INTERNATIONAL DIAL-IN: (412)...
Atlas Technical Consultants Announces Agreement to Acquire Alta Vista
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AUSTIN, Texas, Aug. 03, 2020 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading provider of professional testing, inspection, engineering, program management and consulting services, announced today that it has entered into a definitive agreement to acquire Alta Vista Solutions, Inc. (“Alta Vista”), a key provider of transportation-related testing and inspection services, headquartered in Oakland, California. Alta Vista has approximately 100 employees, operating out of four offices in California and one office in New York City, bringing a broad array of construction engineering, materials testing, inspection, quality management, asset management and infrastructure services.L. Joe Boyer, Atlas’ Chief Executive Officer, said, “Alta Vista’s transportation focus, wide range of services...
Sykes Enterprises, Incorporated Issues Notice of Release for Second-Quarter 2020 Financial Results
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TAMPA, Fla., Aug. 03, 2020 (GLOBE NEWSWIRE) — Sykes Enterprises, Incorporated (“SYKES” or the “Company”) (NASDAQ: SYKE), a leading full life cycle provider of global customer engagement services, multichannel demand generation and digital transformation, has released its financial results for the second-quarter ended June 30, 2020. The second-quarter 2020 financial results can be viewed at either www.sykes.com, under the “Investor News” section, or using the following link: http://investor.sykes.com/company/investors/investor-news/default.aspx.Forward-Looking StatementsThis press release may contain “forward-looking statements,” including SYKES’ estimates of its future business outlook, prospects or financial results. Statements regarding SYKES’ objectives, expectations, intentions, beliefs or strategies, or statements...
Star Group, L.P. Reports Fiscal 2020 Third Quarter Results
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STAMFORD, Conn., Aug. 03, 2020 (GLOBE NEWSWIRE) — Star Group, L.P. (the “Company” or “Star”) (NYSE:SGU), a home energy distributor and services provider, today announced financial results for the fiscal 2020 third quarter and nine months ended June 30, 2020.Three Months Ended June 30, 2020 Compared to the Three Months Ended June 30, 2019For the fiscal 2020 third quarter, Star reported an 18.1 percent decrease in total revenue to $232.2 million compared with $283.4 million in the prior-year period, as a decline in selling prices, in response to lower wholesale product costs, and reduced service and installation sales was only partially offset by an increase in home heating oil and propane volume sold.The volume of home heating oil and propane sold during the fiscal 2020 third quarter increased by 14.3 million...