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Month: December 2020

Sarah Ashby Rejoins Psychemedics Corporation as Vice President, General Counsel

ACTON, Mass., Dec. 17, 2020 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ: PMD) announced that Sarah Ashby has rejoined the company as Vice President, General Counsel.In this important role, Sarah will be responsible for directing and managing all of the company’s legal activities. She will report directly to the company’s CEO.Sarah rejoins Psychemedics from Decibel Therapeutics, Inc., a biotech start-up researching hearing loss therapeutics, and Takeda Pharmaceutical Company, Ltd.  In the past four years, she has worked closely with the R&D teams at those organizations in the areas of toxicology studies, clinical trials, research collaborations and contract negotiations. Previously, Sarah practiced at the Boston firms of Campbell Campbell Edwards & Conroy PC, and Wilmer Cutler Pickering Hale & Dorr LLP. Her...

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YRC Freight Driver James Banner Achieves Five Million-Mile Safety Milestone

OVERLAND PARK, Kan., Dec. 17, 2020 (GLOBE NEWSWIRE) — (NASDAQ: YRCW) YRC Freight professional driver, James Banner, has achieved the prestigious milestone of logging over five million driving miles without a single preventable accident.Banner has been driving trucks for 50 years, with 42 of them spent driving for YRC Freight. Based in Chicago, he is now the longest-tenured employee at the Chicago Heights terminal. He drives an average of 3,084 miles every week on his current route from Chicago to Kansas City.“We are truly honored to have James on our team and congratulate him on this extraordinary accomplishment,” said CEO Darren Hawkins. “Like all our Million-Miler drivers, James sets the standard in how to work with a focus on safety day in and day out.”Though he has grown accustomed to driving over the past five decades, Banner...

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SouthGobi Resources announces first quarter 2020 financial and operating results

HONG KONG, Dec. 17, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (Toronto Stock Exchange (“TSX”): SGQ, Hong Kong Stock Exchange (“HKEX”): 1878) (the “Company” or “SouthGobi”) today announces its financial and operating results for the three months ended March 31, 2020. All figures are in U.S. dollars (“USD”) unless otherwise stated.Significant Events and HighlightsThe Company’s significant events and highlights for the three months ended March 31, 2020 and the subsequent period to December 17, 2020 are as follows:Operating Results – The Company’s sales volume decreased from 1.1 million tonnes for the first quarter of 2019 to 0.2 million tonnes for the first quarter of 2020. The decrease in sales volume was mainly attributable to the Company suspending coal exports to China beginning as of February 11, 2020 as a result...

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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Hostile Tender Offer

GRAPEVINE, Texas, Dec. 17, 2020 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (the “Offeror”) to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).The Trust’s Board of Trustees (the “Board”) has reviewed the terms and conditions of the Tender Offer, considered other information relating to the Trust’s portfolio of assets, current financial condition and future opportunities and evaluated various other factors it deemed relevant, such as its knowledge of the Offeror and its affiliates, including James Dondero, NexPoint Advisors and Highland Capital Management, L.P. (collectively, “NexPoint/Dondero”).The Trust recommends shareholders...

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22nd Century Group Achieves Breakthrough Hemp/Cannabis GMO Technology; Granted New Patent for Controlling Genes Responsible for Production of CBD, THC, and Other Valuable Cannabinoids

WILLIAMSVILLE, N.Y., Dec. 17, 2020 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based, biotechnology company focused on tobacco harm reduction, very low nicotine content tobacco, and hemp/cannabis research, announced today that it was granted a new U.S. patent related to the control of cannabinoid and terpene production in plants. This new intellectual property exclusively provides 22nd Century with unique and powerful tools to alter the cannabinoid biosynthesis pathway in hemp/cannabis plants.“We are delighted to receive this patent, which is the result of work carried out by our own scientists. This important, new technology will allow us to genetically modify hemp/cannabis plants to modulate their cannabinoid and terpene profiles in order to tailor these plants’ therapeutic qualities...

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Tiziana Life Sciences PLC (“Tiziana” or “the Company”) – Notification of proposed admission to the Main Market and cancellation of trading on AIM

LONDON and NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Tiziana Life Sciences plc (Nasdaq: TLSA / AIM: TILS) (“Tiziana” or the “Company“), a biotechnology company focused on innovative therapeutics for oncology, inflammation and infectious diseases, today announces it has applied to list its ordinary shares (“Ordinary Shares”) on the standard listing segment of the Official List of the Financial Conduct Authority (“FCA”) (the “Official List”) and admission to trading on the London Stock Exchange plc’s (the “London Stock Exchange”) main market (“Main Market”) for listed securities (together, “Admission”). The Board has taken this decision as it believes that a standard listing will afford Tiziana greater flexibility in pursuing its strategy as...

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TrueCar Shares Best End-of-Year Cash, Lease and Finance Deals on New Vehicles for December 2020

SANTA MONICA, Calif., Dec. 17, 2020 (GLOBE NEWSWIRE) — TrueCar, Inc. (NASDAQ: TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-year deals on new and used vehicle purchases and trade-in values for December 2020.“December has typically been the best month to buy when it comes to getting a discount off the sticker price, and the last day of the year has been the best day,” said Nick Woolard, Director of OEM Analytics at TrueCar. “While this year has been anything but typical, we anticipate these savings trends will continue for 2020, and project average savings of over 10% off MSRP on new cars for December and close to 11% on December 31st.”“Consumers with the most flexibility in terms of the vehicle model, color and options will have the best opportunity to score...

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Employer health centers are reinventing themselves, seeking permanent expansion of virtual care added during pandemic

More than half of employers kept centers open, while nearly 80% added or increased the use of virtual care, Willis Towers Watson survey findsARLINGTON, Va., Dec. 17, 2020 (GLOBE NEWSWIRE) — The vast majority of employers with onsite or near-site health centers either added or increased virtual care services in place of in-person visits during the pandemic, according to a survey by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. Additionally, over half of centers that expanded their virtual care services plan to make those changes permanent.More than half (52%) of respondents have kept their onsite or near-site health centers open to in-person visits during the pandemic. The employers that closed centers have either reopened at least one center (27%), kept them closed temporarily (19%)...

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Fatburger and Buffalo’s Express Adds New Location in Corona

All-American burger and wings brand grows its presence in Riverside County amid thriving fanbaseLOS ANGELES, Dec. 17, 2020 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and seven other restaurant concepts, announces the opening of a new co-branded Fatburger and Buffalo’s Express in Corona, CA.“We have established a loyal fanbase in the Riverside County community and we know that people are craving comfort food more so than ever,” said Andy Wiederhorn, CEO of FAT Brands. “We are excited to offer another location to act as a convenient solution for our customers when it comes to getting their hands on their favorite Fatburger, fries, and buffalo wings.”Ever since the first Fatburger opened in Los Angeles over 70 years ago, the chain has been known for its delicious,...

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