Day: September 22, 2020

Icelandair Group hf.: New Market Making Agreement

Written by Customer Service on September 22, 2020. Posted in Public Companies.

Icelandair Group hf. has entered into a new market making agreement with Íslandsbanki hf., whereas the bank undertakes to act as market makers for the Company’s shares in accordance with Article 116 of Act No. 108/2007 on Securities Transactions. The Agreement will become effective when new shares will be issued following the Company’s offering of shares and will replace the Company’s current market making agreements with Íslandsbanki. The main terms of the agreements are as follows:Further information:Eva Sóley Guðbjörnsdóttir, CFOevasoley@icelandair.is

MacroGenics Announces Publication of Flotetuzumab Interim Phase 1/2 Clinical Trial Results in Blood

Written by Customer Service on September 22, 2020. Posted in Public Companies.

ROCKVILLE, MD, Sept. 22, 2020 (GLOBE NEWSWIRE) — MacroGenics, Inc. (NASDAQ: MGNX), a clinical-stage biopharmaceutical company focused on discovering and developing innovative monoclonal antibody-based therapeutics for the treatment of cancer, today announced the publication of a manuscript in Blood, a journal of the American Society of Hematology, which highlights interim results of an ongoing Phase 1/2 clinical trial of flotetuzumab in patients with acute myeloid leukemia (AML). Flotetuzumab (also known as MGD006) is an investigational, clinical-stage bispecific DART® molecule that recognizes both CD123 on leukemic cells and CD3 on T cells, with the intended result of T cell mediated killing of leukemic blasts.As described in the article titled “Flotetuzumab as Salvage Immunotherapy for Refractory Acute Myeloid Leukemia,” 88 AML...

Whitestone REIT Declares Fourth Quarter 2020 Dividends

Written by Customer Service on September 22, 2020. Posted in Public Companies.

HOUSTON, Sept. 22, 2020 (GLOBE NEWSWIRE) — Whitestone REIT’s (NYSE:WSR) (“Whitestone” or the “Company”) Board of Trustees has declared a monthly cash dividend of $0.035 per share on the Company’s common shares and operating partnership units. The dividend amount of $0.035 per share represents a quarterly amount of $0.105, and an annualized amount of $0.42 per share. The fourth quarter dividend distribution for 2020 will be as detailed below:Jim Mastandrea, Chairman and Chief Executive Officer commented, “We are pleased to announce Whitestone’s 123rd, 124th, and 125th consecutive monthly dividend distributions. We continue to confirm our commitment to our shareholders by providing attractive-yielding monthly dividends despite the uncertainty in the broader economy. We want to reassure our shareholders that our strategically-chosen...

California Water Service Launches New Smart Landscape Tune-Up Program

Written by Customer Service on September 22, 2020. Posted in Public Companies.

SAN JOSE, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) — As part of its commitment to help customers control both their water use and their bills, California Water Service (Cal Water) has launched a new Smart Landscape Tune-Up Program for customers in its service areas. This program is available at no charge to customers.Through the Smart Landscape Tune-Up Program, customers can receive a personalized landscape evaluation to identify irrigation leaks, water-saving opportunities, and Cal Water programs that could address high water usage. Additionally, Cal Water is offering repair services, also at no charge, to address leaks or broken equipment found in the evaluation, including valve replacements, drip irrigation repair, and upgrades of broken or leaking sprinklers.“Our promise is to provide quality, service, and value to our customers,...

Astec Industries Announces Investor Day

Written by Customer Service on September 22, 2020. Posted in Public Companies.

CHATTANOOGA, Tenn., Sept. 22, 2020 (GLOBE NEWSWIRE) — Astec Industries, Inc. (Nasdaq: ASTE) announces today that it will host an institutional investor and analyst meeting on Thursday, December 10, 2020 from 9:00 AM to 12:00 PM (EST). Presentations from Barry Ruffalo, Chief Executive Officer, and the Astec executive leadership team will be given. The event will also include a question and answer session. The meeting will be held in a virtual-only format to protect the safety of our clients and meeting participants in response to the COVID-19 pandemic and related public health guidance and restrictions.Webcast of PresentationsThe presentation will be available via webcast from 9:00 AM to 12:00 PM Eastern Time and can be obtained at:https://www.webcaster4.com/Webcast/Page/2146/37688About AstecAstec, (www.astecindustries.com), is a...

Steelcase Reports Second Quarter Fiscal 2021 Results

Written by Customer Service on September 22, 2020. Posted in Earnings Releases And Operating Results.

Significant cost reductions drove strong EPS of $0.47 despite 18% drop in revenue and $15.6 million of restructuring costsYear-over-year order declines lessened during the quarter, led by Asia Pacific and EMEALiquidity position remains very strong at $684 million after full repayment of credit facility borrowingsThird quarter outlook reflects 8% lower global backlog and stabilizing order trends in the AmericasGRAND RAPIDS, Mich., Sept. 22, 2020 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $818.8 million and net income of $55.5 million, or diluted earnings of $0.47 per share, which included $15.6 million of pre-tax restructuring costs related to previously announced workforce reductions. Excluding those charges, net of related income tax benefits, adjusted earnings were $0.55 per share. ...

Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2020 Financial Results

Written by Customer Service on September 22, 2020. Posted in Earnings Releases And Operating Results.

SAN FRANCISCO, Sept. 22, 2020 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, has released its financial results for the fourth quarter and full fiscal year 2020 ended August 1, 2020, and posted a letter to its shareholders on its investor relations website.Fourth quarter highlights*Net revenue of $443.4 million, an increase of 11% year over year on an adjusted basisActive clients of 3.5 million, an increase of 9% year over yearNet revenue per active client of $486, an increase of 2% year over year on an adjusted basisNet loss of $44.5 millionAdjusted EBITDA ex. SBC of $11.8 millionDiluted loss per share of $0.44Full year highlights*Net revenue of $1.7 billion, an increase of 11% year over year on an adjusted basisNet loss of $67.1 million and adjusted EBITDA ex. SBC of $38.4 millionDiluted...

Petroteq Announces Revised Terms of Proposed New Financing and Amendment to Securities

Written by Customer Service on September 22, 2020. Posted in Public Companies.

SHERMAN OAKS, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces revised terms to a proposed arrangement with an existing arm’s length lender (the “Lender”) and its affiliate (the “Affiliate”), originally announced on September 3, 2020. Pursuant to guidance from the TSX Venture Exchange (the “Exchange”), the agreement between the parties is now as follows:the Lender has exercised existing warrants of the Company for gross proceeds to the Company of US$68,045.07 which is being used by the Company to pay accrued and unpaid interest on existing convertible debentures of the Company held by the Affiliate and the...

COMPASS Pathways announces closing of initial public offering of American Depositary Shares and full exercise of underwriters’ option to purchase additional American Depositary Shares

Written by Customer Service on September 22, 2020. Posted in Public Companies.

COMPASS Pathways announces closing of initial public offering of American Depositary Shares and full exercise of underwriters’ option to purchase additional American Depositary SharesLondon, UK – September 22, 2020COMPASS Pathways plc (Nasdaq: CMPS) (“COMPASS”), a mental health care company dedicated to accelerating patient access to evidence-based innovation in mental health, today announced the closing of its previously announced initial public offering of 8,625,000 American Depositary Shares (“ADSs”) representing 8,625,000 ordinary shares at an initial public offering price of $17.00 per ADS, which includes 1,125,000 additional ADSs issued upon the exercise in full by the underwriters of their option to purchase additional ADSs. The total gross proceeds to COMPASS from the offering were $146.6 million. All ADSs sold in the offering...

“The Launch Roadmap Starts Here”: Taat Receives Approximately 3.2 Tons of Beyond Tobacco™ Base Material to Prepare for Manufacturing

Written by Customer Service on September 22, 2020. Posted in Public Companies.

LAS VEGAS and VANCOUVER, British Columbia, Sept. 22, 2020 (GLOBE NEWSWIRE) — TAAT LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTC: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “Taat”) is pleased to announce that its processing facility in Las Vegas, NV has received a large shipment of base material for Beyond Tobacco™, which is to undergo the Company’s proprietary fourteen-step process after being trimmed and prepared for refinement, which is set to yield a net quantity of 3.2 tons of usable material. Subsequently, the finished Beyond Tobacco™ base material is to be transported to the Company’s manufacturing partner (the “Manufacturer”) for production of the first “distribution-ready” batch of Beyond Tobacco™. Under the terms of its agreement with the Company providing favourable pricing terms for producing Beyond Tobacco™, the Manufacturer’s...

Day: September 22, 2020

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals