Day: October 13, 2020

5G Just got real: The power of Verizon 5G meets the first iPhone with 5GiPhone 12 models will access Verizon 5G Ultra Wideband and 5G Nationwide networksBASKING RIDGE, N.J., Oct. 13, 2020 (GLOBE NEWSWIRE) — Verizon will offer the new iPhone 12 lineup, including iPhone 12 Pro, iPhone 12 Pro Max, iPhone 12, and iPhone 12 mini, introducing a powerful experience on the 5G America’s been waiting for. With a beautiful all-new design, iPhone 12 models feature unparalleled new camera systems, Ceramic Shield front cover, edge-to-edge Super Retina XDR display for a more immersive viewing experience, and Apple-designed A14 Bionic chip, the fastest chip in a smartphone. Customers will be able to order iPhone 12 and iPhone 12 Pro beginning on October 16, with availability on October 23. Customers will be able to order iPhone 12 Pro Max and iPhone...

DENVER, Oct. 13, 2020 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its bank group, led by JPMorgan Chase Bank, N.A., has reaffirmed the Company’s $700 million borrowing base. As a result, given a reduction in revolver borrowings and outstanding letters of credit, Centennial’s liquidity position has improved since June 30, 2020.As of September 30, 2020, after making repayments of $15 million during the third quarter, Centennial had $355 million of borrowings outstanding under its revolving credit facility and approximately $5 million in cash on hand. At September 30, 2020, Centennial’s pro forma total liquidity was $314 million, based on its balance sheet position, the $32 million availability blocker and $4 million in current outstanding letters of credit....

TORONTO, Oct. 13, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland”) (TSX: NPI) announces it will release its 2020 third quarter financial results after market close on Tuesday, November 10, 2020. Northland’s management will hold an investor conference call and webcast at 10 a.m. Eastern Time (ET) on Wednesday, November 11, 2020, followed by a question and answer period.The call will also be broadcast live on the internet, in listen-only mode and may be accessed on northlandpower.com.For those unable to attend the live call, an audio recording will be available on Northland’s website at northlandpower.com on November 12, 2020.ABOUT NORTHLAND POWERNorthland Power is a global power producer dedicated to helping the clean energy transition by producing electricity from clean renewable resources. Founded in 1987, Northland...

MONTREAL, Oct. 13, 2020 (GLOBE NEWSWIRE) — Theratechnologies Inc. (Theratechnologies) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, is pleased to announce that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 10,799,562, which is directed to the treatment of Nonalcoholic Steatohepatitis (NASH) and/or Nonalcoholic Fatty Liver Disease (NAFLD) in patients using tesamorelin.This patent, which is scheduled to expire in 2040, stems from a patent application filed in March 2020 by Massachusetts General Hospital (MGH). Theratechnologies has an exclusive license with MGH to this patent.“This is another step in further strengthening our position relating to the development and potential commercialization of tesamorelin for the...

MONTRÉAL, 13 oct. 2020 (GLOBE NEWSWIRE) — Theratechnologies inc. (Theratechnologies) (TSX: TH) (NASDAQ: THTX), une société biopharmaceutique commerciale axée sur le développement et la commercialisation de traitements innovateurs, a le plaisir d’annoncer que le United States Patent and Trademark Office (USPTO) a émis le brevet américain n. 10,799,562 portant sur le traitement de la stéatohépatite non alcoolique (NASH) et/ou la stéatose hépatique (NAFLD) chez les patients utilisant la tésamoréline.Ce brevet, dont l’échéance est prévue en 2040, découle d’une demande de brevet déposée en mars 2020 par le Massachusetts General Hospital (MGH). Theratechnologies possède une licence exclusive avec le MGH pour ce brevet.« Ceci représente une étape supplémentaire dans le renforcement de notre position concernant le développement et la potentielle...

LUBBOCK, Texas, Oct. 13, 2020 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains” or the “Company”), the parent company of City Bank, today announced that its third quarter 2020 financial results will be released after market close Tuesday, October 27, 2020. The Company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day to discuss the financial results.Investors and analysts interested in participating in the call are invited to dial 1-877-407-9716 (international callers please dial 1-201-493-6779) approximately 10 minutes prior to the start of the call. A live audio webcast of the conference call will be available on the Company’s website at https://www.spfi.bank/news-events/events. A replay of the conference call will be available within two hours of the conclusion of the...

NEW YORK, Oct. 13, 2020 (GLOBE NEWSWIRE) — Royalty Pharma plc (the “Company”) (Nasdaq: RPRX) announced today that certain selling shareholders intend to offer an aggregate 17,343,037 of the Company’s Class A ordinary shares in an underwritten public offering. The selling shareholders are expected to grant the underwriters an option to purchase up to 2,601,455 additional Class A ordinary shares. The Company will not receive any of the proceeds from the sale of its Class A ordinary shares by the selling shareholders.J.P. Morgan, Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC and Citigroup are acting as joint lead book-running managers and as representatives of the underwriters for the proposed offering. Cowen, Evercore ISI, Truist Securities and UBS Investment Bank are also acting as joint book-running managers...

HONOLULU, Oct. 13, 2020 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today announced the appointment of Vanessa Washington, retired former Bank of the West Senior Executive Vice President, General Counsel and Secretary, to serve on the Boards of Directors of First Hawaiian, Inc. and its bank subsidiary, First Hawaiian Bank.“We are very pleased that Vanessa Washington has joined our Boards as she brings over 25 years of extensive experience serving as a trusted advisor in highly regulated industries, including financial services and REITs,” said Bob Harrison, First Hawaiian, Inc. Chairman, President and CEO. “She has deep expertise in legal, governance and risk mitigation, and we are looking forward to her insights and contributions to First Hawaiian’s continued success.”Vanessa Washington...

LIVERMORE, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) — FormFactor, Inc. (Nasdaq: FORM) will report financial results for its 2020 fiscal third quarter on Wednesday, October 28, 2020, at 1:25 p.m. Pacific Time. The public is invited to listen to a live webcast of FormFactor’s conference call on the Investors section of the company’s web site at www.formfactor.com. A telephone replay of the conference call will be available approximately two hours after the conclusion of the call. The telephone replay will be available through November 4, 2020, 6:30 p.m. Pacific Time, and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering confirmation code 4879487. Additionally, the replay will be available on the Investors section of our website, www.formfactor.com.About FormFactor:FormFactor,...

CHICAGO, Oct. 13, 2020 (GLOBE NEWSWIRE) — Oil-Dri Corporation of America (NYSE: ODC), producer and marketer of sorbent mineral products, today announced results for its fourth quarter and fiscal year 2020.Daniel S. Jaffee, President and Chief Executive Officer, stated, “Fiscal year 2020 was one for the record books. We began the year with strong sales and margin improvement. In mid-March, COVID-19 descended upon us and put our people and infrastructure to the test. The value of our essential product portfolio, along with our hard-working teammates, our solid sales and operations planning (“S&OP”) process and enterprise resource planning (“ERP”) system, and an undisrupted supply chain allowed our business to thrive during these unprecedented times. In the midst of the coronavirus pandemic, all of our plants remained fully operational,...