Day: August 5, 2020
DALLAS, Aug. 05, 2020 (GLOBE NEWSWIRE) — Blucora, Inc. (NASDAQ: BCOR), a provider of data and technology-driven tax software and wealth management solutions that empowers people to improve their financial wellness, today announced financial results for the second quarter ended June 30, 2020.Second Quarter and Tax Season Highlights and Recent DevelopmentsTaxAct grows total e-files (consumer + professional) by 1% year-over-year, amid extended tax season (due to COVID-19), with consumer e-files declining 2% and professional e-files growing by 6%.Improved several key business metrics for tax season, including unique visitors, retention and conversion rates and net promoter score.Tax preparation revenue expected to decline approximately 3% for the full-year 2020 compared to the full-year 2019. Full-year 2019 tax preparation revenue included...
Endeavour Reports Q2-2020 Results
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ENDEAVOUR REPORTS Q2-2020 RESULTSOn track to meet FY-2020 guidance · Significant improvement in leverage ratio · Dividend initiation approaching HIGHLIGHTS Production of 149koz at an AISC of $939/oz in Q2-2020; Production of 321koz at an AISC of $918/oz in H1-2020Integration process is largely complete with the SEMAFO assets slotted into Endeavour’s well-established West African operating modelOn track to achieve full year production and AISC guidance for both Endeavour and SEMAFO assets despite COVID-19, resulting in a Pro Forma guidance of 995—1,095koz at an AISC of $865—915/ozOperating Cash Flow before Working Capital of $85m or $0.77/share for Q2-2020; $205m or $1.85/share for H1-2020Adjusted Net Earnings of $53m or $0.48/share in Q2-2020; $86m or $0.78/share in H1-2020Strong deleveraging as Net Debt / Adjusted EBITDA ratio...
Kinnevik supports the proposed merger between Teladoc Health and Livongo, and will own 4.5 percent of the combined company plus receive USD 143 million in cash consideration
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Kinnevik AB (publ) (“Kinnevik”) today announced that it supports the proposed merger between Teladoc Health, Inc. (NYSE: TDOC) (“Teladoc Health”), the global leader in virtual care, and Livongo Health, Inc. (Nasdaq: LVGO) (“Livongo”), the leading Applied Health Signals company, creating the only consumer centered virtual care platform for a full spectrum of health needs. When the merger has been completed, Kinnevik will become an owner of a 4.5 percent stake in the combined company and receive USD 143m (SEK 1.3bn) in cash consideration. The merger consideration values Kinnevik’s stake in Livongo at approximately USD 2.0bn (SEK 17.6bn), up USD 183m (SEK 1.6bn) from the value of Kinnevik’s stake in Livongo at 4 August 2020 close.As announced today by Teladoc Health and Livongo, the companies have entered into an agreement to merge....
Kinnevik stödjer den föreslagna fusionen mellan Teladoc Health och Livongo och kommer att bli ägare av 4,5 procent i det kombinerade bolaget samt erhålla 143 miljoner USD i kontantvederlag
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Kinnevik AB (publ) (“Kinnevik”) meddelade idag att bolaget stödjer den föreslagna fusionen mellan Teladoc Health, Inc. (NYSE: TDOC) (“Teladoc Health”), den ledande globala aktören inom digital vård, och Livongo Health, Inc. (Nasdaq: LVGO) (“Livongo”), det ledande bolaget inom Applied Health Signals, vilket skapar den enda konsumentcentrerade digitala vårdplattformen som täcker ett brett spektrum av vårdbehov. När fusionen har genomförts kommer Kinnevik att bli ägare till 4,5 procent i det kombinerade bolaget, och erhålla 143 MUSD (1,3 Mdkr) i kontantvederlag. Fusionsvederlaget värderar Kinneviks innehav i Livongo till cirka 2,0 MdUSD (17,6 Mdkr) vilket motsvarar en ökning om 183 MUSD (1,6 Mdkr) jämfört med värdet på Kinneviks innehav i Livongo baserat på stängningskursen den 4 augusti 2020.Teladoc Health och Livongo meddelade idag att...
Team Tankers International Ltd. : Application for delisting approved by the Oslo Stock Exchange – last day of listing will be 30 September 2020
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The Company’s application for delisting its common shares from the Oslo Stock Exchange (the “OSE”) was today approved by the OSE.According to the OSE resolution, the shares in Team Tankers International Ltd. will be delisted from the Oslo Stock Exchange from 1 October 2020. The last day of listing will be 30 September 2020. The Board of DirectorsTeam Tankers International Ltd.Hamilton, Bermuda Questions should be directed to:Hans Feringa: President and CEOT: +1 203 341 3600 Jens Gisle Schnelle: CFOT: +1 203 341 3600 About Team Tankers InternationalTeam Tankers International Ltd. is a leading tanker company committed to providing safe, reliable and incident free transport services to our worldwide customer base. The Company transports a wide variety of cargoes including organic chemicals, non-organic chemicals, petroleum...
Teladoc Health and Livongo Merge to Create New Standard in Global Healthcare Delivery, Access and Experience
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The only consumer centered virtual care platform for full spectrum of health needs to address accelerating consumer and client demand Combination of highly complementary leaders in virtual care and chronic condition management uniquely positioned to unlock the full potential of virtual care New high-quality care delivery model creates new category of solutions focused on delivering unrivaled whole-person care for better health outcomes at lower cost Significant quantifiable revenue expansion opportunities increase shareholder value as two of the fastest-growing companies in healthcare technology combinePURCHASE, NY and MOUNTAIN VIEW, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Teladoc Health (TDOC), the global leader in virtual care, and Livongo (LVGO), the leading Applied Health Signals company – today announced that they have entered...
Livongo Reports Second Quarter 2020 Financial Results
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Second quarter total revenue of $91.9 million, up 125% year-over-yearOver 410,000 enrolled Livongo for Diabetes Members, up 113% year-over-yearMOUNTAIN VIEW, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Livongo Health, Inc. (NASDAQ: LVGO), the leading Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced financial results for its second quarter ended June 30, 2020.“Livongo entered 2020 with significant momentum and our strong results continued during the second quarter,” said Zane Burke, Chief Executive Officer of Livongo. “Innovative employers and health plans are choosing Livongo due to our leading Consumer Directed Virtual Care model and our ability to deliver significant clinical and financial improvements through a one-to-many approach. As we experience the...
Victoria Gold Makes Early Debt Repayment of US$10 Million
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WHITEHORSE, Yukon, Aug. 05, 2020 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”), is pleased to announce that, on August 4, 2020, the Company repaid US$10 million toward its senior secured credit facility.This US$10 million repayment is an early, unscheduled repayment of interest and principal. The Company made its first senior debt repayment on May 31, 2020 (see press release dated June 3, 2020). Regular payments are scheduled to occur on a quarterly basis with the final payment scheduled for November 2023. Under the terms of the senior secured credit facility, there are no fees or penalties for early payments.“We are advantaged to be in the final stages of ramping up the Eagle Gold Mine to full production of over 200,000 ounces of gold annually at a time of record breaking gold prices,” stated John...
Medallion Appoints Robert Doyle as CFO
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VANCOUVER, British Columbia, Aug. 05, 2020 (GLOBE NEWSWIRE) — Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announces the appointment of Robert (Bob) Doyle, CPA, CA, as the Company’s new Chief Financial Officer (“CFO”) and Corporate Secretary. Bob is a principal of Pacific Opportunity Capital, a highly regarded Vancouver-based corporate services firm. “It’s great to receive the input of Bob and the support of the Pacific Opportunity team as we focus on building the company,” said Mark Saxon, Medallion President & CEO. “Furthermore, and on behalf of the entire board, I’d like to thank Tom Arnould for his many years of excellent service to Medallion as well as assistance in the transfer the CFO and Corporate Secretary functions.” About Medallion ResourcesMedallion Resources...
Check Point Software Partners with New York University to Close the Cybersecurity Workforce Gap
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SAN CARLOS, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, extends its cyber security academia cooperation with New York University (NYU) to nurture the next generation of computer engineers. For the first time, NYU is partnering with a cyber-security software company that addresses multi vector protections: cloud, network, endpoint, and mobile.Leveraging Check Point’s unmatched experience and expertise in the cyber landscape, NYU Tandon School of Engineering students will receive full visibility and understanding of the Check Point Infinity Architecture via Check Point’s eLearning system. The Infinity eLearning program gives students access to the following innovative Cyber Security learning paths:Cloud Security –...