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Day: September 8, 2020

Investment Outlook: Back to the future

The stock market has had a dramatic year. After a strong start, it plunged at record speed by more than 30 per cent. Since then it has shown a very strong performance, with very few corrections given the great uncertainty prevailing about the coronavirus pandemic, economic growth and politics.    

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Innate Pharma Reports First Half 2020 Financial Results and Business Update

Innate resumed enrollment of lacutamab TELLOMAK Phase 2 clinical trial for patients with Sézary syndrome and mycosis fungoidesMonalizumab Phase 3 study expected to initiate in the second half of 2020, triggering $50 million milestone paymentInnate to explore avdoralimab in inflammation beyond COVID-19Cash position of €184.6 million1 as of June 30, 2020MARSEILLE, France, Sept. 08, 2020 (GLOBE NEWSWIRE) — Innate Pharma SA (Euronext Paris: IPH – ISIN: FR0010331421; Nasdaq: IPHA) (“Innate” or the “Company”) today reported its consolidated financial results for the six months ended June 30, 2020. The consolidated financial statements are attached to this press release.“In the first half of 2020, Innate has made meaningful progress across its portfolio, quickly resuming enrollment in the lacutamab Phase 2 study, TELLOMAK, for patients...

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ObsEva SA to present at the H.C Wainwright 22nd Annual Global Investment Virtual Conference, September 14-16, 2020

 Geneva, Switzerland and Boston, MA –  September 8, 2020 – ObsEva SA (NASDAQ: OBSV), a clinical-stage biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today announced that CEO Ernest Loumaye will present an update on the Company and its pipeline at the H.C Wainwright 22nd Annual Global Investment Virtual Conference taking place September 14-16, 2020.Mr. Loumaye’s presentation will take place on Wednesday September 16 at 12:00 p.m. Eastern Time (ET).  A live presentation link will be available under “Events Calendar” in the investors section of ObsEva’s website at www.ObsEva.comAbout ObsEvaObsEva is a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health and pregnancy. Through strategic in-licensing and disciplined...

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Uxin Reports Unaudited First Quarter of Fiscal Year 2021 Financial Results

BEIJING, Sept. 08, 2020 (GLOBE NEWSWIRE) — Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial results for the quarter ended June 30, 2020.Highlights for the Quarter Ended June 30, 20202C transaction volume was 3,887 units for the three months ended June 30, 2020, compared with 24,585 in the same period last year.2C GMV1 was RMB426 million for the three months ended June 30, 2020, compared with RMB2,864 million in the same period last year.Total revenues were RMB62.2 million (US$8.8 million) for the three months ended June 30, 2020, compared with RMB389.3 million in the same period last year.2C revenue was RMB51.7 million (US$7.3 million) for the three months ended June 30, 2020, compared with RMB341.0 million in the same period last year.Gross...

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Suncor Energy provides operational and 2020 guidance update

All financial figures are in Canadian dollars.CALGARY, Alberta, Sept. 07, 2020 (GLOBE NEWSWIRE) — Following the August 14 incident at its Base Plant operations, in light of identified performance improvement opportunities at its Firebag operation, and bringing on the second train of production at Fort Hills, Suncor is today providing an operational update and revised 2020 guidance.On August 16, 2020, Suncor reported it had experienced a fire at the secondary extraction facilities of its Base Plant mine.  On August 29th, production was restored to 165,000 barrels per day (bbls/d) of mined bitumen. Although initial repairs can allow the mine to operate at full rates, production has been restricted to manage bitumen quality into the upgraders.  Production is expected to continue to ramp up and will achieve full mining rates of approximately...

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Suncor Énergie fait une mise à jour sur ses activités et ses prévisions pour 2020

Tous les montants sont en dollars canadiens.CALGARY, Alberta, 07 sept. 2020 (GLOBE NEWSWIRE) — À la suite de l’incident qui s’est produit le 14 août dernier à son usine de base et à la lumière des occasions d’amélioration en matière de rendement identifiées à son installation de Firebag, et en tenant compte du redémarrage du deuxième train de production à Fort Hills, Suncor fait aujourd’hui une mise à jour sur ses activités et fournit ses prévisions révisées pour 2020.Le 16 août 2020, Suncor a signalé un incendie aux installations d’extraction secondaire de son usine de base. Le 29 août, la production minière de bitume a été rétablie à 165 000 barils par jour (b/j). Même si les réparations initiales permettent à la mine de fonctionner à sa pleine capacité, la production a été restreinte pour gérer la...

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