Day: November 2, 2020
DRAPER, Utah, Nov. 02, 2020 (GLOBE NEWSWIRE) — HealthEquity today announced the release of the 14th edition of The Complete HSA Guidebook, an industry leading educational tool that helps organizations and individuals improve their health and financial wellbeing through the better understanding and adoption of health savings accounts (HSAs).First published in 2004, The Complete HSA Guidebook is written by HealthEquity founder Steve Neeleman, with key contributions from Hazel Witte, J.D., and the late Sophie Korczyk, Ph.D. The new edition includes notable updates on the latest healthcare reform and tax changes, including updates from the Internal Revenue Service (IRS) and the 2020 Coronavirus Aid, Relief, and Economic Security (CARES) Act.The release comes as the industry reaches 29.3 million HSAs with $73.5 billion in assets, according...
Baytex Announces Third Quarter 2020 Financial and Operating Results and Board Appointment
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CALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX: BTE, NYSE: BTE.BC) reports its operating and financial results for the three and nine months ended September 30, 2020 (all amounts are in Canadian dollars unless otherwise noted).“We have made tremendous progress to re-set our business in the face of extremely volatile crude oil markets. Our third quarter results demonstrate the success of our actions as we generated free cash flow of $60 million and increased financial liquidity to $344 million. I am also especially pleased with our response to the Covid pandemic with intensified efforts to improve all aspects of our cost structure and capital efficiencies, while protecting the health and safety of our personnel,” commented Ed LaFehr, President and Chief Executive Officer.Q3 2020...
Reata Pharmaceuticals, Inc. to Report Third Quarter 2020 Financial Results and Provide an Update on Development Programs on November 9, 2020
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PLANO, Texas, Nov. 02, 2020 (GLOBE NEWSWIRE) — Reata Pharmaceuticals, Inc. (Nasdaq: RETA) (“Reata,” the “Company,” or “we”), a clinical-stage biopharmaceutical company, today announced that it will report financial results and provide an update on its development programs before the market opens on November 9, 2020.Reata’s management will host a conference call on November 9, 2020 at 8:00 a.m. ET. The conference call will be accessible by dialing (844)348-3946 (toll-free domestic) or (213)358-0892 (international) using the access code: 2896858. The webcast link is https://edge.media-server.com/mmc/p/z6fgbcwf.Third quarter 2020 financial results to be discussed during the call will be included in an earnings press release that will be available on the company’s website shortly before the call at http://reatapharma.com/investors/...
TFI International Completes Previously Announced DLS Worldwide Acquisition
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MONTREAL, Nov. 02, 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE and TSX: TFII), a North American leader in the transportation and logistics industry, today announced that it has closed on the previously announced US $225 million acquisition of DLS Worldwide (“DLS”), previously a business unit of R.R. Donnelley & Sons Company. Established in 2006 and based out of Bolingbrook, IL, DLS provides logistics services through a third-party logistics (“3PL”) network of internal sales personnel, commissioned sales agents and agent-stations. As previously stated, the acquired business will operate standalone within TFI International’s Logistics segment under its new name, “TForce Worldwide, Inc.”ABOUT TFI INTERNATIONALTFI International Inc. is a North American leader in the transportation and logistics industry, operating across...
TFI International complète l’acquisition précédemment annoncée de DLS Worldwide
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MONTRÉAL, 02 nov. 2020 (GLOBE NEWSWIRE) — TFI International Inc. (NYSE et TSX: TFII), un chef de file nord-américain du secteur du transport et de la logistique, a annoncé aujourd’hui qu’elle a complété l’acquisition précédemment annoncée de DLS Worldwide (« DLS ») d’un montant de 225 M$ US, auparavant une entreprise de R.R. Donnelley & Sons Company. Fondée en 2006 et basée à Bolingbrook, en Illinois, DLS fournit des services de logistique par le biais d’un réseau de logistique tierce partie (« 3PL ») composé de personnel de vente interne, d’agents commerciaux mandatés et de postes agents. Tel que mentionné précédemment, l’entreprise acquise opérera de manière autonome au sein du secteur de la logistique de TFI International sous son nouveau nom, « TForce Worldwide, Inc. ».À PROPOS DE TFI INTERNATIONALTFI International Inc.,...
Allegro MicroSystems Announces Closing of Initial Public Offering and Exercise in Full of the Underwriters’ Option to Purchase Additional Shares
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MANCHESTER, N.H., Nov. 02, 2020 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (“Allegro”), a global leader in sensing and power semiconductor technology, announced today the closing of its previously announced initial public offering of 28,750,000 shares of its common stock at a price to the public of $14.00 per share, including the full exercise of the underwriters’ option to purchase an additional 3,750,000 shares from certain existing stockholders (the “Selling Stockholders”). Allegro’s common stock is listed on the Nasdaq Global Select Market under the ticker symbol “ALGM.”After deducting the underwriting discount and estimated offering expenses payable by Allegro, the net proceeds to Allegro were approximately $320.8 million. Allegro intends to use a portion of such net proceeds to repay borrowings under its term loan facility,...
Constellation Software Inc. Announces Results for the Third Quarter Ended September 30, 2020 and Declares Quarterly Dividend
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TORONTO, Nov. 02, 2020 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the third quarter ended September 30, 2020 and declared a $1.00 per share dividend payable on January 11, 2021 to all common shareholders of record at close of business on December 18, 2020. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated.The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three and nine months ended September 30, 2020 and the accompanying notes, our Management Discussion and Analysis for the three...
TWC Enterprises Limited Announces Third Quarter 2020 Results and Eligible Cash Dividend
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KING CITY, Ontario, Nov. 02, 2020 (GLOBE NEWSWIRE) —Consolidated Financial Highlights (unaudited)Operating DataThe following is a breakdown of net operating income (loss) by segment:The following is an analysis of net earnings (loss):(1) Please see Non-IFRS MeasuresThird Quarter 2020 Consolidated Operating HighlightsThe outbreak of the novel strain of coronavirus, specifically identified as “COVID-19”, has resulted in governments worldwide enacting emergency measures to contain the spread of the virus which have led to prolonged voluntary or mandatory building closures, business closures, government restrictions on travel and gatherings, quarantines, self-isolation and physical distancing. As a result, the Company closed all golf clubs in mid-March in order to adhere to these restrictions that involve social gatherings and ensure...
Intrepid Announces Third Quarter 2020 Results
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DENVER, CO, Nov. 02, 2020 (GLOBE NEWSWIRE) — Intrepid Potash, Inc. (Intrepid) (NYSE:IPI) today reported its results for the third quarter of 2020.Key Takeaways for Q3 2020Net loss of $10.2 million, or $0.78 per shareAdjusted EBITDA(1) of $1.5 millionWater sales of $3.6 million in the third quarter, up 42% from the second quarter of 2020.Good summer evaporation season has current potash pond levels well above average and up significantly compared to last yearRecent Developments• Potash and Trio® pricing has increased $30 per ton and $25 per ton, respectively, from summer-fill price levels.“Our third quarter results continue to be affected by the COVID-19 pandemic as oilfield activity and water sales remain below prior year levels, but up significantly from the second quarter of 2020,” said Bob Jornayvaz, Intrepid’s...
EEStor Corporation Closes Private Placement
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TORONTO, Nov. 02, 2020 (GLOBE NEWSWIRE) — EEStor Corporation (TSX.V: ESU) (“EEStor” or the “Corporation”) announces that it has completed the offering (the “Offering”) of 21,428,571 units (each, a “Unit”) by way of non-brokered private placement at a price of $0.035 per Unit for gross proceeds of $750,000. Each “Unit” consists of one common share of the Corporation, and one share purchase warrant (each, “Warrant”) entitling the holder to acquire an additional common share at a price of $0.05 until November 2, 2022.The Corporation intends to use the proceeds of the Offering to retire existing payables, support operations and cover general and administrative expenses for the next six months. For further information regarding the intended use of proceeds from the Offering, readers are encourage to review the Company’s news release...