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Month: January 2021

Tobacco Packaging Market to Touch USD 20.45 Billion by 2027, Increasing Popularity of Heated Tobacco Units (HTU) to Augur Well for the Market, says Fortune Business Insights™

Pune, India, Jan. 28, 2021 (GLOBE NEWSWIRE) — As per the recent report by Fortune Business Insights™ titled, “Tobacco Packaging Market Size, Share & Industry Analysis, By Material (Plastics, Paper, Paperboard, and Others), By Packaging Type (Primary and Secondary), and Regional Forecast, 2020-2027,” this market is likely to rise at a CAGR of 3.0% and reach USD 20.45 billion by 2027 from USD 16.15 billion earned in 2019. The forecast period set for this market is between 2020 to 2027. The global tobacco packaging market size witnessed progressive growth in the past few years with the advent and the increasing popularity of smokeless tobacco firms worldwide. These products such as gutka, chewing tobacco, snus, snuff, and gum acts as substitutes for cigarettes and are smokeless.The emergence of COVID-19 has brought the world to...

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Tanzanian Assets Deliver on Production Guidance as Barrick Continues to Unlock Value

BULYANHULU GOLD MINE, Tanzania, Jan. 28, 2021 (GLOBE NEWSWIRE) — The North Mara and Bulyanhulu gold mines both produced near the top end of their production guidance in 2020, their first full year under Barrick’s management. Including Buzwagi, the Tanzanian assets delivered a combined output of 462,472 ounces for the year1.The mines have been successfully revived, with North Mara delivering significant improvements and underground production restarted at Bulyanhulu. The mines, managed through the Twiga joint venture with the Government of Tanzania, paid a maiden dividend of $250 million in October 2020.North Mara posted a record throughput in Q4 and Bulyanhulu recommenced processing of underground ore during the quarter. Bulyanhulu is scheduled to be in full production when its ramp-up is completed, expected during the first half...

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AGTC Announces Pricing of Public Offering of Common Stock and Warrants

GAINESVILLE, Fla., and CAMBRIDGE, Mass., Jan. 28, 2021 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (Nasdaq: AGTC), a biotechnology company conducting human clinical trials of adeno-associated virus (AAV)-based gene therapies for the treatment of rare diseases, today announced the pricing of its previously announced underwritten public offering of 16,741,573 shares of its common stock, together with accompanying warrants to purchase 8,370,786 shares of common stock. The common stock will be sold in combination with an accompanying warrant to purchase 0.5 of a share of common stock issued for each share of common stock sold. The combined offering price to the public of each share of common stock and accompanying warrant is $4.45. The warrants must be exercised in integral multiples of two and will have an exercise...

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Costamare Inc. Sets the Date for Its Fourth Quarter 2020 Results Release, Conference Call and Webcast

Earnings Release: Monday, February 1, 2021, After Market CloseConference Call and Webcast: Tuesday, February 2, 2021, at 8:30 a.m. ETMONACO, Jan. 28, 2021 (GLOBE NEWSWIRE) — Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the fourth quarter ended December 31, 2020 after the market closes in New York on Monday, February 1, 2021.Conference Call Details:On Tuesday, February 2, 2021 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial results.Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1-844-887-9405 (from the US), 0808-238-9064 (from the UK) or +1-412-317-9258 (from outside the US). Please quote “Costamare”.A replay of the conference call will be available until February 9, 2021. The...

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XERI Brand Nano-Lubricant Generates Initial Sales in Australia Following Successful Product Test

BOCA RATON, Fla., Jan. 28, 2021 (GLOBE NEWSWIRE) — Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, announced today that its strategic alliance partner, Xeriant Europe s.r.o., has signed a purchase agreement for its XERI lubricant products in Australia. The sales contract follows the successful testing of XERI ’s revolutionary anti-friction “green” lubricant on an Australian brand of electrically-powered scooters.The contract between Xeriant Europe s.r.o., based in Prague, Czech Republic, and Fatboy Scooters Australia, based in Queensland, Australia, outlines the terms of a minimum annual purchase of 4,000,000 CZK ($186,000 USD) of its XERI lubricants for use in its line of Fatboy Scooters and its electric bicycle and scooter repair and maintenance facility. These scooters are also sold in Europe.“XERI...

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Aeterna Zentaris Expands Orphan Drug Development Pipeline with Targeted Immunosuppressive Therapeutics

– Company licenses exclusive worldwide rights to develop, manufacture and commercialize targeted, highly specific immunosuppressive therapeutic proteins for the potential treatment of neuromyelitis optica spectrum disorder (“NMOSD”) from Julius-Maximilians-University of Wuerzburg, Germany– Initial step in growth strategy to build-out pipeline of assets– Aeterna Zentaris to develop potential therapeutic treatment option for neuromyelitis optica spectrum disorder (“NMOSD”), an orphan indication with strong unmet medical need and significant market opportunityCHARLESTON, S.C., Jan. 28, 2021 (GLOBE NEWSWIRE) — Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZS), through its wholly-owned subsidiary Aeterna Zentaris GmbH, (“Aeterna” or the “Company”), a specialty biopharmaceutical company commercializing and developing...

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The Tribbioli Simone Group Our Values, Our Mission, Our Pledge

The Tribbioli Simone Group; Our values, our mission, our pledge Our Values -Client First We take care of our clients and their financial well-being. Only when we help them achieve success do we achieve our own. -Conservatism We take a long-term approach. Discipline in decision making translates to a strong, stable firm for clients, advisors, associates and shareholders. -Independence We value our independence as a company and respect the right of professionals who affiliate with us to make decisions in the best interests of their clients. -Integrity We are forthright in our approach and earn each client’s trust. Our Mission Our business is people and their financial well-being. Therefore, in the pursuit of our goals, we will conduct ourselves in accordance with the following precepts: Our clients always come first. -We must provide the...

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Carpenter Technology Reports Second Quarter Fiscal Year 2021 Results

Generated $84 million of operating cash flow; free cash flow of $51 millionTotal liquidity of $665 million including $271 million of cash on handPHILADELPHIA, Jan. 28, 2021 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE: CRS) (the “Company”) today announced financial results for the fiscal second quarter ended December 31, 2020. For the quarter, the Company reported a net loss of $84.9 million, or $1.76 loss per diluted share. Excluding special items, adjusted loss per diluted share was $0.61 for the quarter.“Our second quarter results reflect our continued emphasis on driving cash flow generation as we ended the second quarter with $665 million in total liquidity including $271 million in cash,” said Tony R. Thene, President and CEO of Carpenter Technology. “Over the last nine months, we have generated $214 million in...

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First Mid Bancshares, Inc. Announces Fourth Quarter and Full Year 2020 Results

MATTOON, Ill., Jan. 28, 2021 (GLOBE NEWSWIRE) — First Mid Bancshares, Inc. (NASDAQ: FMBH) (the “Company”) today announced its financial results for the quarter and full year period ended December 31, 2020.HighlightsRecord quarterly net income of $13.6 million, or $0.81 diluted EPSReceived regulatory approval on pending acquisition of LINCO Bancshares, Inc. (“LINCO”)Assisted customers on the forgiveness of $93.4 million in Paycheck Protection Program (“PPP”) loansAnnounced branch optimization plan with completion now anticipated by mid-year 2021Wealth Management assets under management increased 7% for the year to $4.5 billionAnnouncing change to quarterly dividend from semi-annual dividend beginning in 2021“2020 was an incredible year with a combination of significant challenges and tremendous opportunities,” said Joe Dively, Chairman...

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Valley National Bancorp Reports Strong Fourth Quarter Net Income Driven by a 21 Percent Increase in Net Interest Income

NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ:VLY), the holding company for Valley National Bank, today reported net income for the fourth quarter 2020 of $105.4 million, or $0.25 per diluted common share, as compared to the fourth quarter 2019 earnings of $38.1 million, or $0.10 per diluted common share, and net income of $102.4 million, or $0.25 per diluted common share, for the third quarter 2020. Excluding all non-core charges, our adjusted net income (a non-GAAP measure) was $113.4 million, or $0.27 per diluted common share, for the fourth quarter 2020, $90.7 million, or $0.24 per diluted common share, for the fourth quarter 2019, and $104.2 million, or $0.25 per diluted common share, for the third quarter 2020. See further details below, including a reconciliation of our adjusted net income in...

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