Day: September 15, 2020
HOUSTON, Sept. 15, 2020 (GLOBE NEWSWIRE) — Francesca’s Holdings Corporation (Nasdaq: FRAN) today reports financial results for the second quarter ended August 1, 2020 and announced exploration of strategic initiatives. Second Quarter Highlights:Net sales decreased 29% to $75.7 millionComparable sales decreased 5% (1)Diluted loss per share was $5.80 compared to diluted earnings per share of $0.61 in the same period last yearContinued to take aggressive and prudent actions to reduce expense and manage cash flowsReduced clearance inventory by 45% compared to the same period last year(1) Comparable sales for the thirteen weeks ended August 1, 2020 excludes boutique sales during the weeks in which a boutique was temporarily closed for four or more days of a week due to the COVID-19 pandemic and includes ecommerce sales for the full thirteen...
Captor Capital Reports Revenues of $12.5 Million and Gross Profit from Retail Operations of $3.4 Million in Annual Audited Financial Statements for the Year Ended March 31, 2020
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
2020 annual revenue of $12.5 million vs. 2019 annual revenue of $5.9 million2020 Annual gross profit of $3.4 million vs. 2019 gross profit of $1.6 millionTORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: CPTRF), (“Captor” or the “Company”), The Company is pleased to announce today the release of its Annual Audited Financial statements and MD&A for the Year Ended March 31, 2020. During the year, revenues at the Company’s two Chai Cannabis Co. dispensaries were approximately $12.5 million. Gross profit during the same period was approximately $3.4 million.Management CommentaryIn the midst of an unprecedented and extremely challenging retail landscape, the Company has implemented processes to increase focus on profitability and disciplined...
Kaival Brands Increases Revenues Nearly 44%, Expands Distribution Channels
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
GRANT, Fla., Sept. 15, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) (“Kaival Brands,” the “Company” or “we”), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, announces an increasing demand for the Bidi™ Stick is driving sales to new heights. Financial results for the Company’s 2020 third quarter, ended July 31, show revenues increased approximately 44% compared to the second quarter of 2020, with total revenues for the first nine months of the year reaching nearly $54.9 million.“We had an extremely busy and fruitful third fiscal quarter. We experienced a rising demand for our exclusively distributed premium product, the Bidi™ Stick. Our sales growth is occurring mostly organically through smaller distribution channels...
Cowen to Acquire Investment Banking Business of MHT Partners, Further Deepening Coverage of Middle-Market and Private Equity Investors
Written by Customer Service on . Posted in Mergers And Acquisitions.
NEW YORK, Sept. 15, 2020 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ: COWN) (“Cowen” or the “Company”) today announced that it has signed a definitive agreement to acquire substantially all of the assets of MHT Partners, LP (“MHT Partners”), an investment bank focused on representing innovative companies in growing markets. Based primarily in Dallas and San Francisco, MHT Partners’ investment banking team is expected to join Cowen under the agreement. Terms of the acquisition, which is not material to Cowen from a financial perspective, were not disclosed.“Cowen’s momentum in investment banking reflects our commitment to serving the dynamic companies that fuel the global economy. Accelerating that strategy, we welcome MHT Partners’ impressive banking team to the Cowen platform,” said Larry Wieseneck, Co-President of Cowen and Company....
Aptose to Present at Oppenheimer Fall Healthcare Life Sciences & MedTech Summit
Written by Customer Service on . Posted in Public Companies.
SAN DIEGO and TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (Nasdaq: APTO; TSX: APS), a clinical-stage company developing highly differentiated therapeutics that target the underlying mechanisms of cancer, today announced that William G. Rice, Ph.D., Chairman, President and Chief Executive Officer, and the Aptose management team will participate at the Oppenheimer Fall Healthcare Life Sciences and MedTech Summit:Oppenheimer Fall Healthcare Life Sciences & Medtech SummitThe audio webcast can also be accessed through the Aptose website at www.aptose.com and will be archived shortly after the live events.About AptoseAptose Biosciences is a clinical-stage biotechnology company committed to developing personalized therapies addressing unmet medical needs in oncology, with an initial focus on hematology. The...
IPG and Pacira BioSciences Announce Collaboration to Reduce Postsurgical Opioid Prescribing and Surgical Procedure Costs
Written by Customer Service on . Posted in Public Companies.
ALPHARETTA, Ga. and PARSIPPANY, N.J., Sept. 15, 2020 (GLOBE NEWSWIRE) — IPG, the industry-leading provider of surgical cost management solutions, and Pacira BioSciences, Inc. (NADSAQ: PCRX), a leading provider of non-opioid pain management options, today announced a collaboration to reduce postsurgical opioid prescribing and surgical procedure costs across the IPG national health plan and provider network.Through this partnership, IPG will offer reimbursement for EXPAREL® (bupivacaine liposome injectable suspension) to its health plan provider clients across the country to further support its mission to bring high quality, cost-effective surgical solutions to the U.S. healthcare market. Pacira will work alongside IPG to provide education and training to ensure consistent, positive outcomes are achieved across procedures, clinicians,...
Wave Life Sciences to Highlight Preclinical ADAR Editing Data and Neurology Programs at TIDES and OTS Annual Meetings
Written by Customer Service on . Posted in Public Companies.
CAMBRIDGE, Mass., Sept. 15, 2020 (GLOBE NEWSWIRE) — Wave Life Sciences Ltd. (Nasdaq: WVE), a clinical-stage genetic medicines company committed to delivering life-changing treatments for people battling devastating diseases, announced today that it will highlight its ADAR (adenosine deaminases acting on RNA)-mediated RNA editing technology (“ADAR editing”) and its neurology programs in Huntington’s disease (HD), amyotrophic lateral sclerosis (ALS) and frontotemporal dementia (FTD) at upcoming conferences, including the TIDES: Oligonucleotide and Peptide Therapeutics 2020 meeting and the 16th Annual Meeting of the Oligonucleotide Therapeutics Society (OTS), taking place on September 15-18, 2020 and September 27-30, 2020, respectively.At TIDES and OTS, Wave will share how it is developing ADAR editing as a potentially best-in-class...
Rockridge Commences 3,000 Metre Diamond Drill Program at its High-Grade Raney Gold Project Southwest of Timmins, Ontario
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, Sept. 15, 2020 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce that its 3,000 metre minimum drill program has commenced at its high-grade Raney Gold Project located southwest of Timmins, Ontario, Canada (the “Raney Gold Project” or “Property”). The drill program will include approximately 11 drill holes which will range in depth between 200 metres and 350 metres to test the strike and down-plunge extent of the high-grade intercepts identified during the previous drilling programs. Raney Gold Project Location Map:http://www.rockridgeresourcesltd.com/_resources/maps/location_map_may2020a.jpg“We are excited to continue drilling the high-priority targets at our strategically located Raney Gold Project.”...
RioCan Real Estate Investment Trust Announces September 2020 Distribution
Written by Customer Service on . Posted in Public Companies.
TORONTO, Sept. 15, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of September. The distribution will be payable on October 7, 2020 to unitholders of record as at September 30, 2020.About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at June 30, 2020, our portfolio is comprised of 221 properties with an aggregate net leasable area of approximately 38.6 million square feet (at RioCan’s interest) including office, residential rental and 15 development properties. To learn more about us, please visit www.riocan.com.Information...
Exterran Corporation Updates Third Quarter And Full Year 2020 Guidance
Written by Customer Service on . Posted in Public Companies.
HOUSTON, Sept. 15, 2020 (GLOBE NEWSWIRE) — Exterran Corporation (NYSE: EXTN) (“Exterran” or the “Company”) updated its third quarter and full year 2020 guidance.Andrew Way, Exterran’s President and Chief Executive Officer commented, “The third quarter, thus far, has delivered stronger operational performance than prior guidance, driven by productivity and additional cost focus. With this performance we are increasing our third quarter 2020 adjusted EBITDA guidance to around $35 million and as a result, we are also adjusting the full year guidance range up to $125-140 million of adjusted EBITDA.”About Exterran CorporationExterran Corporation (NYSE: EXTN) is a global systems and process company offering solutions in the oil, gas, water and power markets. We are a leader in natural gas processing and treatment and compression products...