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Month: August 2020

Sotherly Hotels Inc. Reports Financial Results for the Second Quarter Ended June 30, 2020

WILLIAMSBURG, Virginia, Aug. 10, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the second quarter ended June 30, 2020. The Company’s results include the following*:(*)    Earnings before interest, taxes, depreciation and amortization (“EBITDA”), hotel EBITDA, funds from operations (“FFO”) available to common stockholders and unitholders, adjusted FFO available to common stockholders and unitholders, FFO per common share and unit and adjusted FFO per common share and unit are non-GAAP financial measures. See further discussion of these non-GAAP measures, including definitions related thereto, and reconciliations to net income (loss) later in this press release....

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LogicBio Therapeutics Reports Second Quarter 2020 Financial Results and Provides Business Updates

LEXINGTON, Mass., Aug. 10, 2020 (GLOBE NEWSWIRE) — LogicBio Therapeutics, Inc. (Nasdaq:LOGC) (LogicBio or the Company), a company dedicated to extending the reach of genetic medicine with pioneering targeted delivery platforms, today reported financial results for the quarter ended June 30, 2020, provided a business update and announced the U.S. Food and Drug Administration (FDA) has cleared the Company’s Investigational New Drug (IND) application for LB-001 for the treatment of methylmalonic acidemia in pediatric patients. LogicBio released a separate press release this morning providing further details on the planned Phase 1/2 clinical design for LB-001.“We are thrilled to have received clearance to move forward with this first-in-human clinical trial with our lead product candidate, LB-001, for the treatment of methylmalonic...

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Radisson to Acquire the New Alger Project and Partner with Renforth Resources Inc.

Not for distribution to United States newswire services or for dissemination in the United StatesAll $ figured represent Canadian Dollars unless stated otherwiseROUYN-NORANDA, Quebec, Aug. 10, 2020 (GLOBE NEWSWIRE) — Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson”) and Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth”) are pleased to announce that they have signed a binding agreement (the “Agreement”) pursuant to which Radisson will acquire a 100% interest in Renforth’s New Alger Gold Property (“New Alger”) and enter into a long-term strategic relationship through a 9.6% equity investment by Radisson in Renforth. The relationship aims to leverage regional synergies and unlock significant value for shareholders of both companies from one of the most prospective mining camps in the...

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Radisson acquerra le projet New Alger et deviendra partenaire de Ressources Renforth Inc.

Le présent communiqué de presse n’est pas destiné à être diffusé par un service de presse américain ni diffusé aux États-UnisSauf Indication contraire, les montants sont en dollars canadiensROUYN-NORANDA, Québec, 10 août 2020 (GLOBE NEWSWIRE) — Ressources minières Radisson Inc. (TSX-V: RDS, OTC: RMRDF) (« Radisson ») et Ressources Renforth Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (« Renforth ») sont heureuses d’annoncer qu’elles ont signé une lettre d’entente contraignante (« l’entente ») à l’intérieur duquel Radisson acquerra 100% d’intérêt du projet aurifère New Alger ( « New Alger ») de Renforth et entrera dans une relation stratégique à long terme avec Renforth par le biais d’un investissement en équité par Radisson représentant 9,6% du capital-actions de Renforth. La transaction a comme objectif la création d’une synergie...

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Ovaron heinäkuun kuukausiraportti

Ovaro Kiinteistösijoitus Oyj Lehdistötiedote 10.8.2020 klo 13.00 Ovaron heinäkuun kuukausiraporttiOvaron asuntomyynti ja Ydintoiminnan vuokrausaste heinäkuussa Ovaron strategiana on omistaa ja kehittää vuokraukseen hyvin sopivia kiinteistöjä (Ydintoiminta) sekä 2019 – 2021 aikana luopua omistusasumiseen soveltuvista asunnoista (Muu toiminta). Ovaro julkaisee kuukausittain Muun toiminnan myyntitiedot ja Ydintoiminnan vuokrausasteen. Heinäkuussa 2020 yhtiö myi 9 asuntoa velattomilta hinnoiltaan 1,9 M€ (1,3 M€ 7/2019). Tämän vuoden aikana (1.1.2020-31.7.2020) yhtiön on myynyt yhteensä 66 asuntoa, joiden yhteisarvo oli 14,15 M€.Vuokrauksen neliöpohjainen vuokrausaste oli 89,3 % (85,6 % 7/2019).”Vuokrausaste tippui hieman edellisen kuukauden tasosta, joka oli 90,4%. Suuri määrä remontissa olleista asunnoista valmistui yhdellä kertaa vuokrattavaksi...

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Oaktree Specialty Lending Corporation Announces Third Fiscal Quarter 2020 Financial Results and Declares Increased Distribution of $0.105 Per Share

LOS ANGELES, Aug. 10, 2020 (GLOBE NEWSWIRE) — Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced its financial results for the fiscal quarter ended June 30, 2020. Financial Highlights for the Quarter Ended June 30, 2020 Total investment income was $34.4 million ($0.24 per share) for the third fiscal quarter of 2020, up from $34.2 million ($0.24 per share) for the second fiscal quarter of 2020, primarily driven by a larger average investment portfolio and higher yields on new originations, partially offset by lower LIBOR and lower original issuance discount (“OID”) income. GAAP net investment income was $16.8 million ($0.12 per share) for the third fiscal quarter of 2020, down from $22.8 million ($0.16 per share) for the second...

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Notice of Nexstim Plc’s Half-Yearly Report H1 2020

Company announcement, Helsinki, 10 August 2020 at 13.00 (EEST)Notice of Nexstim Plc’s Half-Yearly Report H1 2020Nexstim Plc (NXTMH:HEX, NXTMS:STO) (“Nexstim” or “Company”) will publish its half-yearly report for the six months ended 30 June 2020 on Friday 14 August 2020 at approximately 15:00 Finnish time.A live webinar for media, investors and analysts will take place at 16:00 Finnish time on Friday 14 August 2020. Mikko Karvinen CEO, and Joonas Juokslahti CFO, will present the financial and operational results followed by a Q&A session. The webinar will be in English.Webinar details:To attend the live webinar, please register via the link below. Registered participants will receive more information to their e-mail.Live Webinar in English on 14 August 2020 at 16:00 (EEST): Register here >>>Further information...

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Gofore Plc: Gofore Plc adjusts its financial guidance for 2020

GOFORE PLC COMPANY ANNOUNCEMENT 10 AUGUST 2020 AT 13.15Gofore Plc adjusts its financial guidance for 2020  Gofore adjusts its 2020 financial guidance. In deciding on the new guidance, the company’s Board of Directors has taken into account the development of the company’s net sales in the first half of the year, the outlook for the second half and the net sales impact of the acquisition of Qentinel Finland Oy announced on 10 August 2020. Further information:Timur Kärki, Chairman of the Board of Directors, Gofore Plc tel. +358 40 828 5886 timur.karki@gofore.comCertified Adviser Evli Bank Plc, tel. +358 40 579 6210  Gofore Plc is a Finland-based digitalization specialist with international growth plans. Together with our customers, we are pioneering an ethical digital world. We’re made up of over 600 impact-driven people across Finland,...

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Gofore Oyj: Gofore Oyj tarkentaa taloudellista ohjeistustaan vuodelle 2020

GOFORE OYJ YHTIÖTIEDOTE 10.8.2020 KLO 13.15Gofore Oyj tarkentaa taloudellista ohjeistustaan vuodelle 2020  Gofore tarkentaa vuoden 2020 taloudellista ohjeistustaan. Uudesta ohjeistuksesta päättäessään yhtiön hallitus on huomioinut ensimmäisen vuosipuolikkaan liikevaihdon kehityksen, toisen vuosipuolikkaan näkymät sekä 10.8.2020 tiedotetun Qentinel Finland Oy:n hankinnan liikevaihtovaikutuksen konsernin tilinpäätökseen.Uusi vuoden 2020 ohjeistusGofore arvioi, että tilikauden 2020 liikevaihto on 70–76 miljoonaa euroa (2019: 64,1 miljoonaa euroa), ja että oikaistu liikevoitto ennen liikearvopoistoja (oikaistu EBITA) vuonna 2020 kasvaa verrattuna vuoteen 2019 (8,0 miljoonaa euroa).              Aiempi vuoden 2020 ohjeistus (julkaistu 19.2.2020)   Gofore arvioi, että tilikauden 2020 liikevaihto kasvaa verrattuna vuoteen 2019 (64,1 miljoonaa...

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Barrick Q2 2020 Results: Solid Operating Performance Maintains Production Within Guidance

All amounts expressed in US dollarsTORONTO, Aug. 10, 2020 (GLOBE NEWSWIRE) — At the year’s halfway mark, Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) was on track to achieve annual production within its 2020 guidance range, despite the impact of the Covid-19 pandemic, the company said today.Second quarter results show year-to-date gold production of 2.4 million ounces, at the mid-point of its 4.6 million to 5 million ounce annual guidance, driven by strong operating performances, particularly from Nevada Gold Mines (NGM) in the United States, Loulo-Gounkoto in Mali and Kibali in the Democratic Republic of Congo. Barrick’s copper portfolio continued to outperform with Lumwana in Zambia posting its best quarterly production in years.Operating cash flow exceeded $1 billion for the quarter and free cash flow1 was $522 million. Net...

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