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Day: February 24, 2021

Clearway Provides Update Regarding Recent Texas Weather Events

PRINCETON, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“CWEN”, “Company”) is today announcing an update regarding the impact related to the extreme winter weather experienced recently in Texas. Certain of the Company’s wind projects were unable to operate and experienced outages due to the weather conditions. These projects are now operating within expectations. The Company continues to assess the full financial exposure related to the circumstances, including potential mitigants, ongoing discussions with contractual counterparties, any potential disputes which may result and any state sponsored solutions to address the financial impacts caused by the circumstances. Based on available information, the Company currently estimates a direct cash impact between $20 million and $30 million in 2021.Despite...

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Tastemaker Acquisition Corp. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing March 1, 2021

NEW YORK, Feb. 24, 2021 (GLOBE NEWSWIRE) — Tastemaker Acquisition Corp. (NASDAQ: TMKRU) (the “Company”) announced that, commencing March 1, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “TMKR” and “TMKRW,” respectively. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “TMKRU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate...

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New radar environment simulator simplifies system testing

ANDOVER, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) — Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced the ARES3100 Advanced Radar Environment Simulator (ARES), ideal for testing demanding radar applications ranging from anechoic chamber and open-air range (OAR) to laboratory-based production testing and comprehensive radar performance evaluation.“New radar technologies, such as synthetic aperture radar (SAR) imaging, as well as increased agility and a wide spectral range – coupled with the introduction of cognitive electronic warfare (EW) jamming techniques – have dramatically increased the complexity of radar testing,” said Mark Bruington, vice president and general manager, Mercury Spectrum Systems. “Traditionally,...

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Selecta Biosciences Announces Science Advances Publication Highlighting Potential Potency and Durability Benefits of ImmTOR™ in Gene Therapy

– Data demonstrate that ImmTOR has the potential to enhance transgene expression in the liver at initial dose of AAV vector –– ImmTOR shown to increase hepatic vector copy numbers and transgene mRNA expression –– Replicated findings supporting ImmTOR’s ability to block the formation of neutralizing anti-capsid antibodies thereby enabling vector redosing and dose sparing –– Publication further validates use of ImmTOR in Selecta’s gene therapy pipeline, including lead candidate, MMA-101, for the treatment of methylmalonic acidemia (MMA) in collaboration with AskBio, and ornithine transcarbamylase (OTC) deficiency –WATERTOWN, Mass., Feb. 24, 2021 (GLOBE NEWSWIRE) — Selecta Biosciences, Inc. (NASDAQ: SELB, “Selecta”), a biotechnology company leveraging its clinically validated ImmTOR™...

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Stifel Financial to Present at the Credit Suisse Financial Services Forum

ST. LOUIS, Feb. 24, 2021 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced its participation in the Credit Suisse Financial Services Forum on Friday, February 26, 2021. Ron Kruszewski, Chairman and CEO, is scheduled to present at 1:00 p.m. Eastern time.A live audio webcast will be available directly through the Investor Relations section of the company’s website, www.stifel.com, on February 26, 2021. For those who cannot listen to the live broadcast, an audio replay will also be available through the above-referenced website within 24 hours of the completion of the presentation. The presentation may include forward-looking statements.Stifel Company InformationStifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and...

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CytomX Therapeutics Announces Fourth Quarter and Full Year 2020 Financial Results and Provides Business Update

-Broad advancement of clinical pipeline--Three-arm Phase 2 study of praluzatamab ravtansine (CX-2009) launched in breast cancer--Enrollment continues in Phase 2 expansion study of CX-2029 in four cancer types, in partnership with AbbVie--Bristol Myers Squibb expands anti-CTLA-4 Probody Program into three additional cancer types--Company to host conference call and webcast today at 5:00 p.m. ET / 2:00 p.m. PT-SOUTH SAN FRANCISCO, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) — CytomX Therapeutics, Inc. (Nasdaq: CTMX), a clinical-stage oncology-focused biopharmaceutical company pioneering a novel class of investigational conditionally activated antibody therapeutics based on its Probody® technology platform, today reported fourth quarter and full year 2020 financial results and provided a business update.“2020 was a highly productive year...

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KRONOS WORLDWIDE, INC. ANNOUNCES QUARTERLY DIVIDEND

DALLAS, TEXAS, Feb. 24, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE  Kronos Worldwide, Inc. (NYSE:  KRO) announced that its board of directors has declared a regular quarterly dividend of eighteen cents ($0.18) per share on its common stock, payable on March 18, 2021 to stockholders of record at the close of business on March 9, 2021.Kronos Worldwide, Inc. is a major international producer of titanium dioxide products.* * * * *Source:   Kronos Worldwide, Inc.Janet G. Keckeisen, Vice President, Corporate Strategy and Investor Relations, (972)233-1700

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Meta Financial Group, Inc.® Appoints Ronald D. McCray and Lizabeth Zlatkus to Board of Directors

SIOUX FALLS, S.D., Feb. 24, 2021 (GLOBE NEWSWIRE) — Meta Financial Group, Inc.® (Nasdaq: CASH) (“Meta”) and its subsidiary MetaBank®, N.A., a leading financial enablement company, announced today that Ronald D. McCray and Lizabeth Zlatkus have been elected to the Board of Directors, effective February 23, 2021. Mr. McCray will serve as a member of the Compensation Committee and Environmental, Social, and Governance (“ESG”) Committee of the Board. Ms. Zlatkus will serve as a member of the Board’s Audit Committee and Bank Risk and Credit Committee.“The expertise that Ron and Liz bring to our Board of Directors in finance, operations, risk management and governance will be invaluable as we execute our strategy and build long-term shareholder value,” said Doug Hajek, Chairman of the Meta Financial Group Board of Directors.Mr. McCray...

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Fossil Group, Inc. Announces Date for Fourth Quarter 2020 Earnings Release and Conference Call

RICHARDSON, Texas, Feb. 24, 2021 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) announced today that it will report financial results for the fourth quarter ended January 2, 2021, after market close on Wednesday, March 10, 2021, followed by a conference call to discuss the results at 5:00 p.m. ET the same day. The call can be accessed live on the Company’s investor relations website at www.fossilgroup.com/investors and will also be archived for replay.About Fossil Group, Inc.Fossil Group, Inc. is a global design, marketing, distribution and innovation company specializing in lifestyle accessories. Under a diverse portfolio of owned and licensed brands, our offerings include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. We are committed to delivering the best in design and...

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Compass Diversified Reports Fourth Quarter and Full Year 2020 Financial Results

Branded Consumer Performance Drives Strong Fourth Quarter Operating Results, Increasing Revenue from Prior Year and Beating Management’s ExpectationsPermanent Capital Advantage Positioned CODI to Acquire Two Platform Businesses and Complete Strategic Add-Ons in 2020Full-Year Results Demonstrate Benefits of Diversified Model in Navigating VolatilityFourth Quarter and Full Year 2020 HighlightsReported net sales of $474.8 million for the fourth quarter 2020 and $1.561 billion for the full year 2020;Reported net income of $8.8 million for the fourth quarter 2020 and $27.2 million for the full year 2020;Reported non-GAAP Adjusted EBITDA of $79.8 million for the fourth quarter 2020 and $249.2 million for the full year 2020;Reported Cash Provided by Operating Activities of $35.8 million for the fourth quarter 2020 and $148.6 million for the...

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