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Day: January 27, 2021

European Medicines Agency Accepts GBT’s Marketing Authorization Application (MAA) for Oxbryta® (voxelotor) for the Treatment of Hemolytic Anemia in Sickle Cell Disease

SOUTH SAN FRANCISCO, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) — Global Blood Therapeutics, Inc. (GBT) (NASDAQ: GBT) today announced that the European Medicines Agency (EMA) has completed the validation of GBT’s Marketing Authorization Application (MAA) for Oxbryta® (voxelotor) tablets and started its standard review process. GBT is seeking full marketing approval from the EMA for Oxbryta to treat hemolytic anemia in patients with sickle cell disease (SCD) who are 12 years of age and older.A first-in-class oral, once-daily therapy, Oxbryta directly inhibits hemoglobin polymerization, the root cause of the sickling and destruction of red blood cells in SCD. The sickling process causes hemolytic anemia (low hemoglobin due to red blood cell destruction) and blockages in capillaries and small blood vessels, which impede the flow of blood...

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Stock Yards Bancorp Reports Record Fourth Quarter Earnings of $17.7 Million or $0.78 Per Diluted Share

LOUISVILLE, Ky., Jan. 27, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, Indianapolis and Cincinnati metropolitan markets, today reported record earnings for the fourth quarter ended December 31, 2020. Net income for the fourth quarter increased 7% to $17.7 million, or $0.78 per diluted share, compared with net income of $16.6 million, or $0.73 per diluted share, for the fourth quarter of 2019.Net income for 2020 was $58.9 million, or $2.59 per diluted share, compared to $66.1 million, or $2.89 per diluted share, in 2019. Operating results for the year were lower compared to the record results posted in 2019, primarily due to pandemic-related increases in loan loss provisioning.“Stock Yards Bancorp delivered record earnings...

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IRADIMED CORPORATION to Hold 2020 Fourth Quarter Financial Results Conference Call on February 4th

WINTER SPRINGS, Fla., Jan. 27, 2021 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (NASDAQ: IRMD) announced today that the Company will release its 2020 fourth quarter financial results before the market opens on Thursday, February 4th. IRADIMED management will host a conference call the same day beginning at 11:00 a.m. Eastern Time to discuss those results and to answer questions.Individuals interested in listening to the conference call may do so by dialing 1-844-413-1781 for domestic callers, or 1-716-247-5767 for international callers, and entering reservation code 5668209.The conference call will also be available real-time via the Internet at http://www.iradimed.com/en-us/investors/events/. A recording of the call will be available on the Company’s website for 90 days following completion of the call.About IRADIMED CORPORATIONIRADIMED...

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Genco Shipping & Trading Limited Signs the Neptune Declaration on Seafarer Wellbeing and Crew Change

NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Genco Shipping & Trading Limited (NYSE: GNK), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, announced today that it has signed The Neptune Declaration on Seafarer Wellbeing and Crew Change to address the unprecedented crew change crisis caused by COVID-19. The Neptune Declaration is a commitment signed by more than 300 leading organizations and companies from across the shipping industry to work together to support global seafarers and build a more resilient maritime supply chain.The declaration defines four main actions that should be implemented:Recognize seafarers as key workers and give them priority access to COVID-19 vaccinesEstablish and implement gold standard health protocols based on existing best...

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Acasti Pharma Provides Update on Recent Financing Activities

LAVAL, Québec, Jan. 27, 2021 (GLOBE NEWSWIRE) — As required pursuant to the policies of the TSX Venture Exchange, Acasti Pharma Inc. (“Acasti or the “Company”) (NASDAQ: ACST – TSX-V: ACST) is providing an update on the use of its “at-the market” equity offering program.As previously disclosed, Acasti entered into an amended and restated ATM sales agreement on June 29, 2020 (the “Sales Agreement”) with B. Riley FBR Inc., Oppenheimer & Co. Inc. and H.C. Wainwright & Co., LLC (collectively, the “Agents”), to implement an “at-the market” equity offering program under which Acasti may issue and sell from time to time its common shares having an aggregate offering price of up to US$75 million through the Agents (the “ATM Program”). Pursuant to the ATM Program, as required pursuant to the policies of the TSX Venture Exchange...

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Alamos Gold Extends High-Grade Gold Mineralization Laterally and Down-Plunge at Island Gold

TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the Island Gold Mine, further extending high-grade gold mineralization in Island Main, East and West. All reported drill widths are true width of the mineralized zones, unless otherwise stated.Island East: high-grade gold mineralization extended 110 metres (“m”) down-plunge from the nearest Inferred Mineral Resource block, and up to 70 m below, and west of previously reported drillhole MH25-04 (28.97 g/t Au (26.89 g/t cut) over 21.76 m), the best surface directional hole drilled to date. New highlights include:54.18 g/t Au (31.94 g/t cut) over 6.54 m (MH25-05);123.74 g/t Au (15.75 g/t cut) over 5.06 m (MH25-06); and21.88 g/t Au (21.88 g/t cut) over...

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Nightfood Ice Cream Now Available Through Leading Natural Food & Beverage Distributors, Poised for Rapid Expansion in 2021

Tarrytown, NY, Jan. 27, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Nightfood, Inc. (OTCQB: NGTF), the company pioneering the category of better-for-you nighttime snacks formulated for better sleep, today announced that Nightfood is now available through both UNFI and KeHE, the two largest distributors of natural and better-for-you products in North America.UNFI is the largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada.  They provide over 250,000 natural, organic, and conventional products to more than 30,000 customers including, conventional supermarket chains, natural product superstores, independent retailers, ecommerce retailers and the food service industry.KeHE distributes thousands of brands through their 16 distribution centers and also counts...

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MarketAxess Reports Fourth Quarter 2020 Revenues of $171.3 Million, Operating Income of $91.7 Million and Diluted EPS of $1.91

12 Consecutive Years of Record Volume, Revenue and EarningsCompany Announces Increase in Regular Quarterly Dividend to $0.66 per Share, up from $0.60Fourth Quarter Financial Highlights*Revenues of $171.3 million, up 32%Operating income of $91.7 million, up 51%Operating margin of 53.5%, up from 46.9%Diluted EPS of $1.91, up 45% from $1.32Open Trading™ credit volume of $218.1 billion, up 63%Record Estimated U.S. high-grade market share of 22.8%, up from 19.9%Record Estimated U.S. high-yield market share of 17.1%, up from 10.6%*All comparisons versus fourth quarter 2019.Full Year 2020 Financial Highlights*Record revenues of $689.1 million, up 35%Record operating income of $374.7 million, up 49%Record operating margin of 54.4%, up from 49.1%Record diluted EPS of $7.85, up 45% from $5.40Record Open Trading™ credit volume of $861.1 billion,...

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eGain to Announce Fiscal 2021 Second Quarter Financial Results on February 10, 2021

SUNNYVALE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) — eGain (NASDAQ: EGAN), the leading provider of omnichannel customer engagement solutions, will announce its fiscal 2021 second quarter financial results after the close of regular market trading on Wednesday, February 10, 2021, followed by an investor conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. ET). Chief Executive Officer Ashu Roy and Chief Financial Officer Eric Smit will host the call and webcast.

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Universal Stainless Reports Fourth Quarter 2020 Results

Total debt reduced by $10.4 million and managed working capital declined by $19.2 million from Q3 2020Q4 2020 Sales total $31.3 million; Premium alloy sales represent 19.1% of total Q4 salesQ4 2020 Net Loss of $7.3 million, or $0.83 per diluted share; Net loss is $4.6 million, or $0.52 per diluted share, excluding $3.8 million (pre-tax) of fixed cost absorption charges, a $0.3 million (pre-tax) loss on the sale of excess scrap and $0.7 million (pre-tax) gain on insurance proceedsEBITDA is a loss of $3.9 million in Q4 2020; Adjusted EBITDA is a loss of $0.2 millionQuarter-end Backlog of $48.0 million versus $54.8 million at end of Q3 2020BRIDGEVILLE, Pa., Jan. 27, 2021 (GLOBE NEWSWIRE) — Universal Stainless & Alloy Products, Inc. (Nasdaq: USAP) today reported net sales for the fourth quarter of 2020 of $31.3 million, a decrease...

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