Year: 2020

Innovative Food Holdings, Inc. Reports Financial Results For Third Quarter And First Nine Months Of 2020

Written by Customer Service on November 17, 2020. Posted in Earnings Releases And Operating Results.

Third Quarter E-commerce Revenue Increased 165% to a Third Quarter Record of $4.2 MillionThird Quarter Active E-commerce Customers Increased Over 150% Compared to the Prior Year PeriodEnhanced Specialty Food E-Commerce Platform Is Well Positioned for 2020 Online-Centric Holiday SeasonBONITA SPRINGS, Fla., Nov. 17, 2020 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a direct-to-chef and a direct-to-consumer platform that provides high-quality, unique specialty foods through e-commerce offerings and multichannel partnerships, today reported its financial results for the third quarter and first nine months of 2020.“The third quarter represents the culmination of two years of integrating, planning, and investing in our e-commerce platform. During the quarter, we launched our new igourmet.com...

Cosmos Holdings, Inc. Reports Record Third Quarter and Nine-Month Financial Results

Written by Customer Service on November 17, 2020. Posted in Earnings Releases And Operating Results.

Revenue Increases 48%, Gross profit increased 210% to $2.39 million andEarnings Rise over Same 2019 PeriodGenerics and Nutraceuticals Lead Expansion in EuropeRobotic Automations Enhance Margins and Reduce CostsCHICAGO, Nov. 17, 2020 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the company”) (OTCQΒ: COSM), an international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established EU distribution network, announced today record Third Quarter and Nine-Month results for the period ended September 30, 2020.Operating revenue rose 48 percent to $14.35 million from $9.68 million for the three months ended September 30, 2019; for the nine months, revenue increased 40 percent to $39.10 million from $27.88 million for the prior-year period. Gross...

Transom Capital-Backed SemiTorr Expands with Acquisition of M-I-C

Written by Customer Service on November 17, 2020. Posted in Mergers And Acquisitions.

LOS ANGELES, Nov. 17, 2020 (GLOBE NEWSWIRE) — Transom Capital Group-backed SemiTorr (www.semitorrinc.com) today announced that it has acquired M-I-C (www.m-i-cinc.com), which serves biotech, pharmaceutical and industrial customers throughout northern California. This is SemiTorr’s second add-on acquisition since being acquired by Transom Capital Group, a leading operations-focused middle market private equity firm, in December 2018.Ken Firtel, Managing Partner at Transom, said, “We’re pleased with SemiTorr’s growth, both organic and inorganic, and acquiring M-I-C continues the company’s strategy of expanding its customer base and diversifying its revenue streams through a focused add-on effort.”M-I-C is a distributor and manufacturers’ representation firm with over 45 years’ experience in the instrumentation and process control markets...

Trinity Biotech Announces Results for Q3, 2020

Written by Customer Service on November 17, 2020. Posted in Public Companies.

DUBLIN, Ireland, Nov. 17, 2020 (GLOBE NEWSWIRE) — Trinity Biotech plc (Nasdaq: TRIB), a leading developer and manufacturer of diagnostic products for the point-of-care and clinical laboratory markets, today announced results for the quarter ended September 30, 2020.Quarter 3 ResultsTotal revenues for Q3, 2020 were $32.0m, which is broken down as follows:Point-of-Care revenues for Q3, 2020 decreased from $3.9m to $2.1m. Whilst $2.1m represents a 63% increase compared to Q2, 2020, HIV revenues continue to be impacted by logistical and testing constraints arising from Covid-19. The reduction compared with last year also reflects that Q3, 2019 was an unusually high quarter for point-of-care revenues.Meanwhile, Clinical Laboratory sales for the quarter increased from $20.7m to $29.9m, an increase of 45%. During the quarter, all of the...

CN Proud to Celebrate 25th Anniversary of its Privatization

Written by Customer Service on November 17, 2020. Posted in Public Companies.

MONTREAL, Nov. 17, 2020 (GLOBE NEWSWIRE) — Exactly 25 years ago today, the Government of Canada put CN (TSX: CNR) (NYSE: CNI) shares up for sale to investors; at C$2.25 billion, it was the biggest IPO in Canadian history. At the time, CN was the largest and oldest Crown Corporation in Canada. Today CN is a world-class transportation leader and trade-enabler.To mark this important anniversary, JJ Ruest, CN’s President and Chief Executive Officer, will ring the Opening Bell at the Toronto Stock Exchange (TSX) and the Closing Bell at the New York Stock Exchange (NYSE).“The privatization of CN was anticipated with widespread skepticism, but executed with startling success and today it is the source of enormous pride for our employees and all those involved over the years. It allowed CN to unleash the powerful creative and competitive...

Le CN célèbre avec fierté le 25e anniversaire de sa privatisation

Written by Customer Service on November 17, 2020. Posted in Public Companies.

MONTRÉAL, 17 nov. 2020 (GLOBE NEWSWIRE) — Il y a exactement 25 ans de cela aujourd’hui, le gouvernement du Canada a mis des actions du CN (TSX : CNR) (NYSE : CNI) à la disposition des investisseurs; à 2,25 G$ CA, il s’agissait de l’appel public à l’épargne le plus important de l’histoire canadienne. À l’époque, le CN était la plus importante et la plus ancienne société d’État au pays. Aujourd’hui, le CN est un chef de file mondial du transport et un partenaire commercial majeur.Pour marquer cet important anniversaire, Jean-Jacques Ruest, président-directeur général du CN fera sonner la cloche d’ouverture de la Bourse de Toronto (TSX) et la cloche de fermeture de la Bourse de New York (NYSE).« Même si de prime abord, la privatisation du CN avait été reçue sur un fond de scepticisme généralisé, son exécution a connu un succès étonnant....

Morphic Therapeutic to Present at the Jefferies Virtual London Healthcare Conference

Written by Customer Service on November 17, 2020. Posted in Public Companies.

WALTHAM, Mass., Nov. 17, 2020 (GLOBE NEWSWIRE) — Morphic Therapeutic (NASDAQ: MORF), a biopharmaceutical company developing a new generation of oral therapies targeting integrins for the treatment of serious chronic diseases, today announced that members of the Morphic management are scheduled to participate in the Jefferies Virtual London Healthcare Conference with a Company presentation at 2:55 PM ET on Wednesday, November 18, 2020.A live webcast of the company presentation will be available on the Investor section of Morphic’s website at www.morphictx.com. An archived replay will be available on the company’s website following the conference.About Morphic TherapeuticMorphic Therapeutic is a biopharmaceutical company developing a new generation of oral integrin therapies for the treatment of serious chronic diseases, including...

Reed’s Inc. Announces Sponsorship of the “World’s Best Turkey Trot”

Written by Customer Service on November 17, 2020. Posted in Public Companies.

NORWALK, Conn., Nov. 17, 2020 (GLOBE NEWSWIRE) — Lace up your running shoes! Reed’s Inc. (NASDAQ: REED), America’s #1 ginger company, is proud to announce its sponsorship of the first ever “World’s Best Turkey Trot” – a virtual 1M, 5K and 10K race that brings a new running tradition to the Thanksgiving weekend. Encouraging families across the country to get out and “trot,” Reed’s is the presenting sponsor for the 1M “Fun Run” to kick up the holiday spirit.The virtual race will be held from November 25th – 28th, and registered runners are invited to participate anywhere and upload their tracked mileage to a custom race dashboard. Keeping with the season of giving, a portion of the proceeds from the race will go to support the World Food Program USA, in partnership with Charity Miles, based on the total miles run.“Turkey Trots have...

Space Launch Services Market to Reach USD 26.16 Billion at 13.35% CAGR by 2027; Presence of Several Large Scale Companies will Emerge in Favor of Market Growth, says Fortune Business Insights™

Written by Customer Service on November 17, 2020. Posted in Mergers And Acquisitions.

Pune, Nov. 17, 2020 (GLOBE NEWSWIRE) — The global space launch services market size is projected to reach USD 26.16 billion by the end of 2027. The massive investments in space research programs are consequential to increasing breakthrough concepts in the past few years. The presence of several large scale companies will contribute to market growth. According to a report published by Fortune Business Insights, titled “Space Launch Services Market Size, Share & Industry Analysis, By Payload (Satellite, Stratollite, Cargo, Human Spacecraft, and Testing Probes), By Orbit Type (GEO, Beyond GEO, LEO, and MEO), By Launch Platform (Land, Air, and Sea), By Vehicle Type (Medium-to-Heavy Lift Launch Vehicle and Small Lift Launch Vehicle), By End User (Commercial and Military & Government), and Regional Forecast, 2020-2027” the market...

Skeena Resources Closes C$46.0 Million Common Share Public Offering

Written by Customer Service on November 17, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESVANCOUVER, British Columbia, Nov. 17, 2020 (GLOBE NEWSWIRE) — Skeena Resources Limited (TSX: SKE, OTCQX: SKREF) (“Skeena” or the “Company”) is pleased to announce that it has closed its previously announced overnight marketed public offering (the “Offering”). Pursuant to the Offering, Skeena issued 19,574,468 common shares of the Company (the “Common Shares”), including 2,553,191 Common Shares issued in connection with the exercise in full of the over-allotment option granted to the Underwriters (as defined below) in connection with the Offering, at a price of C$2.35 per Common Share for gross proceeds of C$46.0 million.The Offering was completed through...

Year: 2020

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