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Month: August 2020

STACR REMIC Trust Notes Receive NAIC Price Breakpoints

McLEAN, Va., Aug. 07, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today announced that its STACR® (Structured Agency Credit Risk) REMIC Trust 2019-DNA4 notes have received National Association of Insurance Commissioners (NAIC) price breakpoints for the 2019 filing year.  Freddie Mac engaged NAIC Structured Securities Group (SSG) to evaluate STACR REMIC Trust transactions issued in 2019 and STACR Trust (DNA/HQA) transactions issued in 2018 and 2019 for year-end 2019. The year-end 2019 results of NAIC Structured Securities Group (SSG) analysis for STACR REMIC Trust 2019-HQA4 is expected within the next few weeks. NAIC Structured Securities Group (SSG) is also in process of evaluating the 2018 and 2019 STACR Trust (DNA/HQA) transactions.The 2019-DNA4 offering was Freddie Mac’s first STACR REMIC Trust structure. In a STACR REMIC...

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Guardant Health Guardant360® CDx First FDA-Approved Liquid Biopsy for Comprehensive Tumor Mutation Profiling Across All Solid Cancers

REDWOOD CITY, Calif., Aug. 07, 2020 (GLOBE NEWSWIRE) — Guardant Health, Inc. (Nasdaq: GH) announces that the U.S. Food and Drug Administration (FDA) has approved Guardant360® CDx for tumor mutation profiling, also known as comprehensive genomic profiling (CGP), in patients with any solid malignant neoplasm (cancerous tumor). The Guardant360 CDx is also approved as a companion diagnostic to identify non-small cell lung cancer patients with epidermal growth factor receptor (EGFR) alterations who may benefit from treatment with Tagrisso® (osimertinib). Guardant360 CDx offers patients and clinicians a simple, faster blood test to help inform personalized treatment options.The Guardant360 CDx FDA approval was based on clinical and analytical validation data from over 5,000 samples. In a retrospective analysis of data from pivotal phase...

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Vistas Media Acquisition Company Inc. Commences Trading of $100 Million IPO on Nasdaq

New York , Aug. 07, 2020 (GLOBE NEWSWIRE) — Vistas Media Acquisition Company Inc. (Nasdaq: VMACU) (“VMAC” or the “Company”), a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, commenced trading today of its $100 million initial public offering on The Nasdaq Stock Market. The offering consists of 10,000,000 units at a price to the public of $10.00 per unit. About Vistas Media Acquisition Company Inc.VMAC, led by CEO F. Jacob Cherian and Co-Founders Abhayanand Singh and Saurabh Gupta, is a blank check company, also commonly referred to as a Special Purpose Acquisition Company, or SPAC, formed for the purpose...

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BuzBuz Capital and Inolife Announce Proposed Qualifying Transaction

TORONTO, Aug. 07, 2020 (GLOBE NEWSWIRE) — BuzBuz Capital Corp. (“BuzBuz”) (TSXV: BZBZ.P), a Capital Pool Company, and Inolife R&D Inc. (“Inolife” or the “Company”) are pleased to announce that they have entered into a non-binding letter of intent to complete a business combination (the “Transaction”). The letter of intent was negotiated at arm’s length and is effective as of August 6th, 2020. Information Concerning BuzBuz

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Digirad Corporation to Release Second Quarter 2020 Financial Results on August 13

SUWANEE, Ga., Aug. 07, 2020 (GLOBE NEWSWIRE) — Digirad Corporation (Nasdaq: DRAD; DRADP) (“Digirad” or the “Company”) will release its financial results for the second quarter ended June 30, 2020, before the market opens on Thursday, August 13, 2020.A conference call is scheduled for 11:00 a.m. ET (8:00 a.m. PT) on August 13, 2020 to discuss the results and management’s outlook. The call may be accessed by dialing 1-877-407-9039 (international callers +1-201-689-8470). A simultaneous webcast of the call may be accessed online from the Events & Presentations link, on the Investor Relations page of the Digirad website at: http://ir.digirad.com/events-presentations.An archived replay of the webcast will be available within 15 minutes of the end of the conference call.About Digirad CorporationDigirad Corporation is a diversified...

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UPDATE — Ebix Reports $28.8M of Operating Cash Flow Despite COVID-19

JOHNS CREEK, Ga., Aug. 07, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), today announced the following results for the quarter ended June 30, 2020:Diluted EPS (GAAP) of $0.76 and Non-GAAP diluted EPS of $0.88Operating cash flow of $28.8 millionRevenues of $111.3 million and constant currency revenues of $117.4 millionGAAP operating income of $31.9 million and Non-GAAP operating income of $35.7 millionEbix will host a conference call to review its results today at 11:00 a.m. EDT (details below).“In spite of the impact of lockdowns, foreign currency hits on account of US dollar strengthening and many of our Divisions being severely impacted by COVID-19 across the world, we are reporting Q2’20 EBITDA plus stock based compensation of $36.3 million, an impressive 32% of total revenues. Robin Raina, Chairman of the Board, President...

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Bridgeline to Report Financial Results for the Third Quarter of Fiscal 2020

WOBURN, Mass., Aug. 07, 2020 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), The Digital Engagement Company™, announced today that it will release its financial results for the third quarter 2020 on Thursday, August 13, 2020 at 4:30 pm ET. On that day, Ari Kahn, the Company’s President and Chief Executive Officer, and Mark G. Downey, the Company’s Chief Financial Officer, plan to host a live conference call at 4:30 p.m. ET to discuss the financial results. A replay will be available for one week following the live call.The details of the conference call and replay are as follows:About Bridgeline DigitalBridgeline Digital, The Digital Engagement Company™, helps customers maximize the performance of their omni-channel digital experience from websites and intranets to online stores and campaigns. Bridgeline’s...

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Taat Announces Live Q&A Session with New CEO, Releases Production Overview Video

On Tuesday August 11, 2020 at 4:15 pm EDT, Taat CEO Setti Coscarella will be hosting a live teleconference session in which he will provide high-level commentary on the tobacco industry, in addition to insights about initial and long-term plans for the Company and its products. Subsequently, a question-and-answer session will be held in which participants can submit questions via the GoToWebinar platform. Advance submissions of questions can also be made by email to Taat’s investor relations department. Additionally, the Company has released a professionally-produced video showcasing the production process of Beyond Tobacco™ cigarettes in detail with narration by Taat founder Joe Deighan.LAS VEGAS and VANCOUVER, British Columbia, Aug. 07, 2020 (GLOBE NEWSWIRE) — TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTC: TOBAF) (FRANKFURT:...

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Amarin Supports Investigator-Initiated Trial at Kaiser Permanente in the U.S. to Study the Effects of VASCEPA® (icosapent ethyl) in Reducing Viral Upper Respiratory Infections, Including COVID-19 and Flu, and the Clinical Severity of Such Infections

DUBLIN, Ireland and BRIDGEWATER, N.J., Aug. 07, 2020 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ:AMRN), today announced support for an investigator-initiated trial to study the effects of icosapent ethyl (VASCEPA®) (IPE) on laboratory-confirmed viral upper respiratory infection (URI) rates, clinical impact and outcomes, especially with severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) infection which causes COVID-19, in adults with established atherosclerotic cardiovascular disease (ASCVD) who are at elevated risk of experiencing moderate to severe COVID-19.1,2The trial, dubbed PragMatic randomIzed Trial of Icosapent ethyl for hiGh-cArdiovascular risk adults in The Era of COronaVIrus Disease 2019 (MITIGATE COVID-19), is sponsored by Kaiser Permanente Northern California (KPNC), and is being led by Dr. Andrew P....

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Progressive Announces Dividend Information

MAYFIELD VILLAGE, OHIO, Aug. 07, 2020 (GLOBE NEWSWIRE) — The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a $0.10 per common share dividend, payable October 15, 2020, to shareholders of record at the close of business on October 7, 2020 (ex-dividend date of October 6, 2020).In addition, the Board declared a dividend on our outstanding Series B Fixed-to-Floating Rate Cumulative Perpetual Serial Preferred Shares in the amount of $26.875 per Series B Share, or $13.4 million in the aggregate. The dividend, which is based on the annual rate of 5.375% of the stated amount of $1,000 per Series B Share, will be paid on September 15, 2020, to shareholders of record at the close of business on August 31, 2020.About Progressive The Progressive Group of Insurance Companies makes it easy to understand, buy and...

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