Month: January 2021
CORNING, N.Y., Jan. 27, 2021 (GLOBE NEWSWIRE) — Corning Incorporated (NYSE: GLW) today announced results for the fourth quarter and full year ended Dec. 31, 2020.Fourth-quarter financial performance:GAAP sales of $3.4 billion and GAAP EPS of $0.28Core sales of $3.3 billion, up 11% sequentially and 17% year over yearCore EPS of $0.52, up 21% sequentially and 13% year over yearFree cash flow of $464 million and $948 million cumulatively for the yearStrong execution across the company’s focused portfolio drove sales and net income growth in all segments:Sequentially, core sales grew 11% and operating margin grew 18%, both above expectationsCore operating margin was 19.4%, up 110 basis points sequentially Life Sciences and Environmental Technologies delivered the largest sequential sales growth, with 23% and 17% growth respectivelyOrganic...
Vaxil Provides Update on USAMRIID, Oral Experiment and Other General Business Matters
Written by Customer Service on . Posted in Public Companies.
Not for distribution by US newswire or in United StatesNESS-ZIONA, Israel, Jan. 27, 2021 (GLOBE NEWSWIRE) — VAXIL BIO LTD. (“Vaxil” or the “Company”) (TSX VENTURE: VXL), an innovative immunotherapy biotech company specializing in cancer and infectious diseases, is pleased to provide this next update on the progress in respect to our cooperative research and development agreement (CRADA) with US Army Medical Research Institute of Infectious Diseases (“USAMRIID”).The mice received the three scheduled vaccinations by December 31, 2020 and responded normally to the injections administered. As part of our protocol, we tested the preliminary immune response to the vaccine candidate and can now report that the mice have developed an immune response, as expected, and consistent with previous in vivo (animal) results.Further monitoring will...
Eagle Bulk Shipping Inc. Becomes a Signatory to The Neptune Declaration on Seafarer Wellbeing and Crew Change
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STAMFORD, Conn., Jan. 27, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk”, “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has become a signatory to The Neptune Declaration on Seafarer Wellbeing and Crew Change, a global ‘call to action’ initiative to help end the unprecedented crew change crisis affecting the maritime industry.The outbreak of COVID-19, and its impact to worldwide travel, has created an unprecedented humanitarian crisis on the seas, leading to hundreds of thousands of seafarers being left stranded on ships beyond their contractual employment periods. Although a number of international organizations, governments, and companies have spoken out on this matter, too little has been done to help...
Monro, Inc. Announces Third Quarter Fiscal 2021 Financial Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
~ Third Quarter Sales of $284.6 Million ~~ Improved Performance in December Continued into January with a Comparable Store Sales Increase of 3% ~~ Year-to-Date Operating Cash Flow of ~$159 Million compared to ~$126 Million in the Same Period Last Year ~~ Completes Acquisition of 17 Stores in Southern California, Representing Expected Annualized Sales of ~$20 Million ~ROCHESTER, N.Y., Jan. 27, 2021 (GLOBE NEWSWIRE) — Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced financial results for its third quarter ended December 26, 2020.Third Quarter ResultsSales for the third quarter of the fiscal year ending March 27, 2021 (“fiscal 2021”) decreased 13.6% to $284.6 million, as compared to $329.3 million for the third quarter of the fiscal year ended March 28, 2020 (“fiscal 2020”)....
Verisk to Announce Fiscal Fourth-Quarter 2020 Results on February 23, 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Jersey City, N.J., Jan. 27, 2021 (GLOBE NEWSWIRE) — Verisk (Nasdaq:VRSK), a leading global data analytics provider, will report its financial results for the fiscal fourth quarter ended December 31, 2020, on Tuesday, February 23, 2021, after the market close. The press release, with accompanying financial information, will be posted on the Verisk investor website at http://investor.verisk.com.Verisk’s management team will host a live audio webcast to discuss the financial results and business highlights on Wednesday, February 24, 2021, at 8:30 a.m. EST (5:30 a.m. PST, 1:30 p.m. GMT). All interested parties are invited to listen to the live event via webcast on the Verisk investor website at http://investor.verisk.com. The discussion will also be available through dial-in number 1-877-755-3792 for U.S./Canada participants or 512-961-6560...
Atlantica Included in Bloomberg’s Gender-Equality Index
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January 27, 2021 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) , the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it has been included in the 2021 Bloomberg Gender-Equality Index (GEI). The GEI includes 380 companies across 11 sectors and 44 countries and regions.Santiago Seage, Atlantica’s CEO said: “By becoming members of 2021 Bloomberg GEI Atlantica demonstrates its commitment to addressing gender equality and women empowerment. In 2018, we became a signatory to the United Nations Global Compact and selected Gender Equality as one of our core Sustainable Development Goals. In 2019, we issued our Diversity and Inclusion Policy and in 2020 we joined the Women’s Empowerment Principles. We intend...
Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-End 2020 Financial Results
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RENO, Nev., Jan. 27, 2021 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) announced today that it plans to announce its fourth quarter and year-end 2020 financial results in a press release that will be issued on Wednesday, February 24, 2021, after the market closes. The Company has scheduled a conference call to discuss its results and growth expectations at 9 a.m. ET on Thursday, February 25, 2021.To participate, please dial 1-877-511-6790 approximately 15 minutes prior to the scheduled start of the call. If calling outside of the United States and Canada, please dial 1-412-902-4141. Please request the “Ormat Technologies, Inc. call” when prompted by the conference call operator. The conference call will also be webcast live from the Investor Relations section of the Company’s website.A replay will be available one...
AgEagle Aerial Systems Announces Acquisition of MicaSense for $23 Million
Written by Customer Service on . Posted in Mergers And Acquisitions.
Leading Drone Sensor Company Expected to Propel AgEagle’s Growth in the Global Commercial Drone Solutions IndustryWICHITA, Kan., Jan. 27, 2021 (GLOBE NEWSWIRE) — AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone systems and solutions provider, today announced the Company has agreed to acquire MicaSense, Inc. from Parrot (Euronext Paris: PARRO), Europe’s leading drone group, in a combined cash and stock transaction valued at $23 million.Based in Seattle, Washington, MicaSense has been at the forefront of advanced drone sensor development since its founding in 2014, having formed integration partnerships with several leading fixed wing and multicopter drone manufacturers, including DraganFly™, senseFly™, Quantum-Systems and Wingtra, among others. MicaSense’s patented, high precision...
Stock Yards Bancorp, Inc. And Kentucky Bancshares, Inc. To Merge
Written by Customer Service on . Posted in Mergers And Acquisitions.
LOUISVILLE, Ky. and PARIS, Ky., Jan. 27, 2021 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (“Stock Yards” or the “Company”) (NASDAQ: SYBT), the parent company of Stock Yards Bank & Trust Company, and Kentucky Bancshares, Inc. (OTCQX: KTYB), the parent company of Kentucky Bank, jointly announced on Wednesday, January 27, 2021 the signing of a definitive agreement for Stock Yards Bancorp, Inc. to acquire Kentucky Bancshares, Inc. The combined stock and cash transaction is expected to close during the second quarter of 2021, subject to approval of Kentucky Bancshares shareholders and completion of customary regulatory approval and closing conditions.Management will host a conference call and webcast today at 4 p.m. (EST) to discuss the proposed merger. Please see the Conference Call/Investor Presentation section for complete details.Kentucky...
CareRx Announces $10.0 Million Bought Deal Financing and $5 Million Concurrent Private Placement
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.TORONTO, Jan. 27, 2021 (GLOBE NEWSWIRE) — CareRx Corporation (“CareRx” or the “Company”) (TSX: CRRX), Canada’s leading provider of specialty pharmacy services to seniors, is pleased to announce that it has entered into an agreement pursuant to which Eight Capital and Cormark Securities Inc., as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters (collectively, the “Underwriters”), have agreed to purchase on a “bought deal” basis 2,353,000 common shares of the Company (the “Shares”) at a price of $4.25 per Share (the “Issue Price) for aggregate gross proceeds to CareRx of $10,000,250 (the “Offering”).The Company has granted the Underwriters...