Day: November 16, 2020

WSFS Bank Promotes Four Associates to Senior Vice President Positions

WILMINGTON, Del., Nov. 16, 2020 (GLOBE NEWSWIRE) — WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the promotion of four Associates from business lines across the organization and its subsidiaries to Senior Vice President (SVP).The following Associates have been promoted to Senior Vice President:Alex Lyden-Horn – SVP, Director Personal TrustRobert (Bob) Matsko – SVP, Commercial Real Estate ManagerGlen Outten – SVP, Commercial Relationship ManagerChristina Weible – SVP, Senior Credit Officer, Commercial Real Estate“These senior leaders represent the future of our company and are seasoned professionals who live our mission and values every day,” said Michael L. Conklin, Executive Vice President and Chief Human Resources Officer. “WSFS has had significant growth the past few years...

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U.S. Energy Corp. Announces a Full Exercise of the Over-Allotment Option and Closing of $3.45 million Underwritten Offering

HOUSTON, Nov. 16, 2020 (GLOBE NEWSWIRE) — U.S. Energy Corp. (Nasdaq: USEG) (the “Company”), today announced the full exercise of the over-allotment option granted to the underwriters with respect to 150,000 additional shares of common stock, and closing of the previously announced underwritten public offering of 1,000,000 shares, bringing the total gross proceeds from the offering to $3,450,000 million before deducting underwriting discounts and other offering expenses. The Company intends to use the net proceeds from this offering to fund potential future acquisitions of oil and gas properties, capital expenditures, working capital, and general corporate purposes.Kingswood Capital Markets, division of Benchmark Investments, Inc., acted as sole bookrunner for the offering.The shares of common stock were offered by the...

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Harvard Bioscience to attend Benchmark’s 9th Annual Discovery One-on-One Conference

HOLLISTON, Mass., Nov. 16, 2020 (GLOBE NEWSWIRE) — Harvard Bioscience, Inc. (Nasdaq: HBIO), today announced that Jim Green, Chairman, President and CEO, and Michael Rossi, CFO will participate in The Benchmark Company’s 9th Annual Discovery One-on-One Conference. The virtual event will take place on Wednesday, November 18, 2020 with virtual investor meetings held throughout the day. To schedule a meeting with management, please contact your Benchmark Company representative or Vince Curatola at vcuratola@benchmarkcompany.com or nyc@clearthink.capital.A copy of the materials to be presented at the conference will be available on the investor relations page of the Harvard Bioscience website on November 18, 2020 at 8:00 AM ET.About Harvard BioscienceHarvard Bioscience is a leading developer, manufacturer and seller of technologies,...

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Neovasc to Participate in Canaccord Genuity 2020 Virtual MedTech & Diagnostics Forum

VANCOUVER, Nov. 16, 2020 (GLOBE NEWSWIRE) — via NewMediaWire – Neovasc, Inc. (NASDAQ, TSX: NVCN), today announced that company management will be participating in the Canaccord Genuity 2020 Virtual MedTech & Diagnostics Forum on Thursday, November 19, 2020.  Fred Colen, Neovasc’s President and Chief Executive Officer, will deliver a presentation at 11:00 am EST.  Mr. Colen will also be joined by Chief Financial Officer Chris Clark, and Chief Operating Officer Bill Little, for investor meetings throughout the day.A link to the live webcast of the presentation will be available online from the investor relations section of the Neovasc website at https://www.neovasc.com/investors/About Neovasc Inc.Neovasc is a specialty medical device company that develops, manufactures and markets products for the rapidly growing cardiovascular...

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Root, Inc. Schedules Conference Call to Discuss 2020 Third Quarter Results

COLUMBUS, Ohio, Nov. 16, 2020 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced it plans to host a conference call to discuss results for the 2020 third quarter on Tuesday, December 1, 2020, at 5:00 p.m. Eastern Time. The Company plans to release its third quarter 2020 results in the investor relations section of its website at inc.joinroot.com after the close of the financial markets on December 1, 2020.Webcast and Conference Call DetailsA replay of the webcast will be made available for 30 days after the call on the Investor Relations page of the Company’s website at ir.joinroot.com.About Root, Inc.Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern...

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Verde Agritech Revises 2020 Guidance Upwards and Announces $1.09M Net Profit in Third Quarter

(All figures are in Canadian dollars, unless otherwise expressed. Exchange rate in Q3 2020: 1.00 CAD = 3.74 BRL)BELO HORIZONTE, Brazil, Nov. 16, 2020 (GLOBE NEWSWIRE) — Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) is pleased to announce its financial results for the third quarter, ended September 30, 2020 (“Q3 2020”).Q3 2020 Financial HighlightsSales increased by 68% with a total of 105,769 tonnes sold, compared to 62,855 tonnes in the third quarter of 2019 (“Q3 2019”).The Company achieved a net profit of $1,090,046, compared to a net profit of $1,000 in Q3 2019.Gross margin increased by 16% to a gross margin of 67% in Q3 2020, compared to 51% in Q3 2019.The Company recognised revenue of $3,956,341, an increase of 30% compared to $3,054,874 in Q3 2019 despite a 27% decline in the price of potash...

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Acura Pharmaceuticals Announces Third Quarter 2020 Financial Results

PALATINE, Ill., Nov. 16, 2020 (GLOBE NEWSWIRE) — Acura Pharmaceuticals, Inc. (OTCQB: ACUR), a specialty pharmaceutical company engaged in the research, development and commercialization of technologies and product candidates intended to mitigate the risk of outcomes associated with product misuse, announced today financial results for the three and nine months ended September 30, 2020.The Company reported revenues of $410 thousand and an operating loss of $565 thousand for the third quarter 2020 compared to revenues of $1.3 million and an operating income of $311 thousand for the same period in 2019. For the nine months ended September 30, 2020, the Company reported revenues of $2.9 million and an operating loss of $627 thousand compared to revenues of $1.4 million and an operating loss of $1.0 million for the same period in 2019....

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Well-Known NJ Addiction Specialist Dr. Constantine Diakolios Joins Sunrise House Treatment Team

LAFAYETTE, N.J., Nov. 16, 2020 (GLOBE NEWSWIRE) — Sunrise House Treatment Center has expanded its medical team to include one of New Jersey’s top addiction specialists. Dr. Constantine Diakolios has detoxed more than 30,000 patients in his 15-year career, and is a 2018 fellow of the American Society of Addiction Medicine, a distinction given to leading members in the field. He is also board certified in addiction medicine and was among the first physicians in the state to offer his patients suboxone, the gold standard of treatment for opioid addiction. He also specializes in high-risk patients and those struggling with pain management in the midst of their addiction.“I’m passionate about caring for those with addiction,” said Dr. Diakolios. “For me, it’s personal because I’ve watched too many loved ones battle the disease. The COVID-19...

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CAE fait l’acquisition de Flight Simulation Company

Élargissement du marché potentiel de clients de CAE y compris les transporteurs de fret commerciauxFaible niveau de complexité d’intégration au sein du réseau de centres de formation Européen de CAEMONTREAL, Nov. 16, 2020 (GLOBE NEWSWIRE) — (NYSE : CAE; TSX : CAE) – CAE a annoncé aujourd’hui qu’elle a acquis la totalité des actions émises et en circulation de Flight Simulation Company B.V. (« FSC ») pour une contrepartie en espèces totalisant environ 70 M€ (environ 108 M$ CA) versée aux vendeurs, et calculée en fonction d’une valeur d’entreprise de 100 M€ (environ 155 M$ CA).Cette acquisition accroît la capacité de CAE à offrir des services de formation aux clients exerçant leurs activités en Europe, notamment les compagnies aériennes et les transporteurs de fret. Elle lui permet de profiter d’un bassin de clients élargi et de tirer...

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