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Day: August 17, 2020

Krystal Biotech’s KB407 Granted Orphan Drug Designation by the FDA to Treat Patients With Cystic Fibrosis

PITTSBURGH, Aug. 17, 2020 (GLOBE NEWSWIRE) — Krystal Biotech, Inc. (Nasdaq:KRYS), a fully integrated gene therapy company driven by its proprietary, engineered herpes simplex virus type 1 vector (HSV-1) platform, today announced that the U.S. Food & Drug Administration (FDA) has granted Orphan Drug Designation to KB407, currently in preclinical development for the treatment of cystic fibrosis (“CF”).“We are pleased to receive Orphan Drug Designation for KB407 to treat cystic fibrosis as this is an important step forward in our efforts to address the continued unmet need in this devastating disease,” said Suma M. Krishnan, founder and chief operating officer of Krystal Biotech. “We are excited by the results of the in vitro data thus far, as presented at ASGCT earlier this year, and we look forward to sharing in vivo animal...

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Baltic Horizon Fund publishes its NAV for July 2020

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of July 2020 amounted to EUR 1.2098 per unit. Compared to the previous month, NAV decreased by -0.58%. The NAV decrease was mainly affected by a declared dividend of EUR 1.70 million recognized in July 2020 and a negative cash flow hedge reserve movement during the month. Eliminating dividend distribution effect to NAV, the NAV increase from operating performance and negative cash flow hedge reserve movement during the month would have been +0.65% compared to the previous month. EPRA NAV, EPRA NRV and EPRA NTA as at the end of July 2020 decreased to EUR 1.2979 per unit, corresponding to a decrease of -0.50% over the last month. The Fund earned an unaudited consolidated net profit of EUR 0.9 million in July 2020.The Management Company of the Fund will continue to actively...

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Baltic Horizon Fond avaldab osaku puhasväärtuse 2020. aasta juuli seisuga

Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2020. aasta juuli lõpu seisuga on 1,2098 eurot osaku kohta. Fondi osaku puhasväärtuse muutus võrreldes eelneva kuu lõpu seisuga on -0.58%. Fondi puhasväärtuse vähenemine tulenes seoses juulis osakuomanikele rahalise väljamaksete arvesse võtmisega summas ligikaudu 1,70 miljonit eurot ja negatiivsest muutusest rahavoogude riskimaandamisinstrumendi reservis. Arvestamata väljamaksete mõju Fondi puhasväärtusele, oleks renditegevusest teenitud rahavoog ja negatiivne muutus rahavoogude riskimaandamisinstrumendi reservis mõjutanud puhasväärtust +0.65% võrra võrreldes eelmise kuuga. EPRA NAV, EPRA NRV ja EPRA NTA vähenes 2020. aasta juuli lõpu seisuga 1,2979 euroni osaku kohta, mis tähendab -0.50% langust viimase kuuga. Fond teenis 2020. aasta juulis auditeerimata konsolideeritud puhaskasumit...

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Baltic Horizon Fund publishes its NAV for July 2020

Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as at end of July 2020 amounted to EUR 1.2098 per unit. Compared to the previous month, NAV decreased by -0.58%. The NAV decrease was mainly affected by a declared dividend of EUR 1.70 million recognized in July 2020 and a negative cash flow hedge reserve movement during the month. Eliminating dividend distribution effect to NAV, the NAV increase from operating performance and negative cash flow hedge reserve movement during the month would have been +0.65% compared to the previous month. EPRA NAV, EPRA NRV and EPRA NTA as at the end of July 2020 decreased to EUR 1.2979 per unit, corresponding to a decrease of -0.50% over the last month. The Fund earned an unaudited consolidated net profit of EUR 0.9 million in July 2020.The Management Company of the Fund will continue to actively...

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Canadian General Investments, Limited Files 2020 Interim Report

TORONTO, Canada, Aug. 17, 2020 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (the Company) (TSX: CGI, CGI.PR.D) (LSE: CGI), announces that it has submitted its 2020 Interim Report, which includes the Management Report of Fund Performance and unaudited Financial Statements, to applicable Canadian securities regulators and to the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism).A PDF version of the document is also available at www.canadiangeneralinvestments.ca and at www.sedar.com.FOR FURTHER INFORMATION PLEASE CONTACT:Canadian General Investments, LimitedJonathan A. MorganPresident & CEOPhone: (416) 366-2931Fax: (416) 366-2729e-mail: cgifund@mmainvestments.comwebsite: www.canadiangeneralinvestments.ca

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Flushing Financial Corporation to hold virtual meetings with Institutional Investors

UNIONDALE, N.Y., Aug. 17, 2020 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that John R. Buran, the Company’s President and Chief Executive Officer and Susan K. Cullen, the Company’s Senior Executive Vice President and Chief Financial Officer, will be meeting virtually with institutional investors on August 24 and August 26, 2020.“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this Press Release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation...

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Giga-tronics Incorporated Introduces New Wide Bandwidth RF Playback Solution for Radar and Electronic Warfare Applications

DUBLIN, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) announced today the immediate availability of a wide bandwidth RF Playback solution specifically designed for military electronics applications.  The fully integrated system is part of the Company’s COMPASS platform (Coherent Multi-Channel Playback Acquisition Streaming System) and incorporates state-of-the-art Digital and RF/Microwave technology for use in the design, verification and operational validation of modern Radar and Electronic Warfare systems.This configuration of the Giga-tronics COMPASS architecture utilizes two 16-bit dual-DAC cards running at 4.8 Gigasamples/second (GSpS) integrated within a high-performance 4U height 19” width rack mountable PC workstation driving the Company’s microwave upconverters to deliver...

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First Citizens Bank Completes Operational Conversion of Entegra Bank Division

RALEIGH, N.C., Aug. 17, 2020 (GLOBE NEWSWIRE) — First Citizens Bank announced that its Entegra Bank division based in Franklin, N.C., has completed its conversion to First Citizens’ operations and systems. This conversion puts both banks on the same operational and technical systems and aligns customer accounts to First Citizens products and services.“With completion of this conversion, we look forward to further deepening our relationships with Entegra customers in these important markets for our company,” said Frank B. Holding Jr., chairman and CEO of First Citizens Bank. “They now have access to the full complement of First Citizens’ products. Our dedicated, local bankers stand ready to assist them and provide the high level of service they’ve come to expect.”Effective today (Aug. 17), 11 former Entegra division branches in Western...

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Encouraging sales recovery since April – The future retail environment continues to be subject to significant uncertainty

Q2 HighlightsSales recovery during Q2 led to -39% sell-out growth and positive EBIT before restructuring costsStrong free cash flow in Q2 (DKK 943 million incl. lease payments). NIBD/EBITDA at 1.1Sell-out growth has continued to improve since April to around -10% in Q3 quarter-to-dateThe retail environment continues to be subject to uncertainty due to the COVID-19 development. Sell-out growth improvement has stalled in Q3 following new surges in COVID-19Since the outset of the COVID-19 outbreak, Pandora has initiated forceful initiatives to manage through the crisis in a socially responsible way. The initiatives have led to a very robust liquidity position, protected profitability as revenue declined and created a strong sales recovery throughout Q2 2020. During the re-opening phase, consumer interaction with the brand has been encouraging...

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Citrine Global (OTCQB: TECR) Reports a Summary of its Main Business Activities in Q2-Q3, 2020

Citrine Global is currently trading as TechCare Corp. (TECR). Its name change to “Citrine Global Corp.” is expected to take effect soon.Tel Aviv, Israel, Aug. 17, 2020 (GLOBE NEWSWIRE) — Citrine Global (OTCQB: TECR) reports the company’s main business activities in Q2-Q3, 2020.Citrine Global business activity is comprised of creating value and implementing expansion strategies for growth-stage technology companies, offering multi-strategy solutions combining strategic marketing, business development, real estate and asset management services and financing solutions. Such wide spectrum of services is targeted at helping create an integrated strategy that supports our client companies in achieving their local and global expansion ambitions.Citrine Global plans to provide solutions to companies from USA, Canada, Europe,...

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