Travere Therapeutics Announces Orphan Drug Designation for Sparsentan for the Treatment of IgA Nephropathy

Written by Customer Service on January 12, 2021. Posted in Public Companies.

SAN DIEGO, Jan. 12, 2021 (GLOBE NEWSWIRE) — Travere Therapeutics, Inc. (NASDAQ: TVTX) today announced that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to sparsentan for the treatment of IgA nephropathy (IgAN), a rare kidney disorder and a leading cause of end-stage kidney disease (ESKD). Sparsentan is an investigational product candidate currently being evaluated for the treatment of IgAN, as well as focal segmental glomerulosclerosis (FSGS) in pivotal Phase 3 clinical trials that are expected to report topline data from interim proteinuria assessments in 2021.“People living with IgAN face a significant unmet need with limited treatment options available,” said Noah Rosenberg, M.D., chief medical officer of Travere Therapeutics. “Obtaining Orphan Drug Designation is another milestone in our development...

Lincoln Electric Schedules 2021 Virtual Annual Meeting of Shareholders

Written by Customer Service on January 12, 2021. Posted in Public Companies.

CLEVELAND, Jan. 12, 2021 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (the “Company”) (Nasdaq: LECO) today announced that the Company’s 2021 Annual Meeting of Shareholders will be held as a virtual meeting on Thursday, April 22, 2021 at 11:00 a.m., Eastern Time.About Lincoln ElectricLincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln Electric has 59 manufacturing locations in 18 countries and a worldwide network of distributors and sales offices covering more than 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website...

Carriage Services, Inc. to Present Virtually and Host 1×1 Investor Meetings at the Virtual Sidoti Winter 2021 Investor Conference on January 13th

Written by Customer Service on January 12, 2021. Posted in Public Companies.

HOUSTON, Jan. 12, 2021 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced they are participating in the Virtual Sidoti Winter 2021 Investor Conference on January 13, 2021. Carriage Services has also released a new presentation which can be accessed through the Sidoti conference portal for registered participants and in the investor relations section of the Company’s website: www.carriageservices.com.Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 178 funeral homes in 26 states and 32 cemeteries in 12 states.For more information, please contact Viki Blinderman at 713-332-8568 or Ben Brink at 713-332-8441 or emailInvestorRelations@carriageservices.com.Source: Carriage Services, Inc.

Petrus Resources Announces First Quarter 2021 Capital Budget

Written by Customer Service on January 12, 2021. Posted in Public Companies.

CALGARY, Alberta, Jan. 12, 2021 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to provide its first quarter capital budget and outlook for 2021.Petrus’ Board of Directors has approved a first quarter 2021 capital budget of $9.0 million to drill three (2.1 net) Cardium wells in the Ferrier area. With the risk of volatility in the price of Canadian light oil and natural gas, the Company believes that it is prudent to maintain a disciplined capital budget that is flexible from an operational and financial perspective. Petrus will continue to monitor the Canadian commodity price environment and will evaluate subsequent quarter capital spending as the year progresses. The first quarter capital budget is focused on the highest rates of return, lowest risk, condensate...

IntelGenx Appoints Tommy Kenny as Vice President, Intellectual Property and Legal Affairs, General Counsel

Written by Customer Service on January 12, 2021. Posted in Public Companies.

SAINT LAURENT, Quebec, Jan. 12, 2021 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSXV: IGX) (OTCQB: IGXT) (“IntelGenx” or the “Company”) today announced that its Board of Directors appointed Mr. Tommy Kenny as Vice President, Intellectual Property and Legal Affairs, General Counsel of IntelGenx Corp., the Company’s operating subsidiary. Mr. Kenny has been with IntelGenx since 2016. He is an attorney specializing in intellectual property and commercial pharmaceutical law, who has developed strong technical expertise across a range of legal functions, managing litigation and advising on commercial partnerships, while also building a strong intellectual property portfolio for the Company’s oral film technologies. He has held a number of progressive management positions at IntelGenx, most recently, as the Company’s Director of Intellectual...

Palomar Holdings, Inc. Appoints Mark Brose as Chief Technology Officer

Written by Customer Service on January 12, 2021. Posted in Public Companies.

LA JOLLA, Calif. , Jan. 12, 2021 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that Mark Brose has been appointed Chief Technology Officer. Mr. Brose will report directly to his predecessor, the Company’s Chief Operating Officer, Britt Morries, who assumed the role of Chief Operating Officer on September 1, 2020.“As Palomar continues on its growth trajectory, our focus has been on strengthening our leadership team,” commented Mac Armstrong, Chairman and Chief Executive Officer. “Mark brings over 25 years of creating and, more importantly, leading high-performing software engineering and technical operation teams. This essential understanding and development of technologies has made Mark the ideal executive for this position, and he will be an invaluable asset to Palomar. I would...

Global Ship Lease Credit Rating Upgraded by Moody’s

Written by Customer Service on January 12, 2021. Posted in Public Companies.

LONDON, Jan. 12, 2021 (GLOBE NEWSWIRE) — Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody’s Investor Service (“Moody’s”). In announcing the upgrade, Moody’s cited the Company’s improved debt maturity profile following the refinancing of Global Ship Lease’s senior secured notes due 2022 with the new secured loan facility due in 2026, the resilient performance of both Global Ship Lease and the broader container liner industry, and an improvement in the Company’s debt/EBITDA ratio, which Moody’s expects to be sustained.George Youroukos, Executive Chairman of Global Ship Lease, commented, “We are very pleased to receive this important recognition from Moody’s, reflecting our...

J & J Snack Foods Corp. announces that SVP COO Robert M. Radano will Retire

Written by Customer Service on January 12, 2021. Posted in Public Companies.

PENNSAUKEN, N.J., Jan. 12, 2021 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (NASDAQ-JJSF) today announced that Robert M. Radano, Senior Vice President and Chief Operating Officer will be retiring effective March 31, 2021 as Senior Vice President and Chief Operating Officer. Mr. Radano will remain with the Company for the remainder of the 2021 fiscal year. The Company has begun a search for a new Chief Operating Officer.“The Company is thoroughly indebted and grateful to Bob for his many years of dedication and service to J & J. Shortly after graduating from Villanova University, Bob joined J & J in 1972 as a part-time truck driver and quickly rose through the ranks of the organization. Everyone within the Company is thankful to Bob for his contributions in building and growing the company. Naming all of his accomplishments...

Gen III Provides Corporate Funding Update

Written by Customer Service on January 12, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) — Gen III Oil Corporation (“Gen III” or the “Company”) (TSX-V: GIII) (OTCQX: ISRJF) is pleased to announce it has closed a non-brokered private placement of 5,714,284 shares (the “Shares”) at a price of CDN$0.35 per Share for gross proceeds of approximately CDN$2,000,000 (the “Offering”). The subscribers were introduced to Gen III by its non-exclusive financial advisor, Blue Deer Capital. Gen III intends to use the net proceeds of the Offering for project engineering, working capital and general corporate purposes.In connection with the Offering, the Company paid aggregate finders’ fees of $31,410.86 for subscriptions processed through Canaccord Genuity, Cormark Securities, Raymond James, PI Financial and another registered finder.The...

Harley-Davidson Successfully Completes The Rewire and Announces Date to Reveal New 2021-2025 Strategic Plan, The Hardwire

Written by Customer Service on January 12, 2021. Posted in Public Companies.

Milwaukee, Jan. 12, 2021 (GLOBE NEWSWIRE) — Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) today announced it has completed The Rewire, the critical overhaul of its business, setting a strong foundation for The Hardwire, the company’s 5-year strategic plan to deliver profitable and desirable long-term growth and shareholder value. The company will reveal its 2021-2025 strategic plan, along with 2020 fourth quarter and year-end earnings results, on Tuesday, February 2, 2021 via webcast.“I am confident the substantial changes we made with The Rewire have set us up to successfully execute our strategic plan. We are now a leaner, more aligned organization, and we are making decisions faster,” said Jochen Zeitz, chairman, president and CEO, Harley-Davidson. “The right structure, leadership and principles are in place, and we are...

Day: January 12, 2021

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