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Month: February 2021

XPO Logistics Names Treasurer Ravi Tulsyan to Additional Role as Deputy Chief Financial Officer

GREENWICH, Conn., Feb. 24, 2021 (GLOBE NEWSWIRE) —  XPO Logistics, Inc. (NYSE: XPO) today announced the appointment of Ravi Tulsyan to the newly created position of deputy chief financial officer, effective immediately. He will retain his position as XPO’s treasurer while expanding his scope of responsibility within the global finance organization, including corporate real estate.Tulsyan joined XPO in 2016 from The ADT Corporation, where he served as treasurer following ADT’s 2012 spin-off from Tyco International. As Tyco’s vice president of global capital markets and head of financial planning and analysis at the time of the separation, he led all treasury activities related to the transaction, including the execution of each company’s capital structure, dividend plan, debt refinancing and credit facilities.Earlier, Tulsyan held...

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Antares Pharma to Present at Two Upcoming Investor Conferences

EWING, N.J., Feb. 24, 2021 (GLOBE NEWSWIRE) — Antares Pharma, Inc. (NASDAQ: ATRS) (“the Company”), a pharmaceutical technology company, today announced that Robert F. Apple, President and Chief Executive Officer, is scheduled to present and host investor meetings at the Raymond James 42nd Annual Virtual Institutional Investors Conference and the Cowen 41st Annual Virtual Healthcare Conference.Details of the presentations are as follows:A live webcast of the fireside chats will be available under the “For Investors” section of the Antares Pharma website at www.antarespharma.com.About Antares PharmaAntares Pharma, Inc. is a pharmaceutical technology company focused primarily on the development and commercialization of self-administered injectable pharmaceutical products using advanced drug delivery auto injector technology. The Company...

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Ryman Hospitality Properties, Inc. to Present Virtually at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum – Friday, March 12, 2021, at 11:45 a.m. ET

NASHVILLE, Tenn., Feb. 24, 2021 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE:RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today announced that it will present virtually to investors attending the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum, on Friday, March 12, at 11:45 a.m. ET. Mark Fioravanti, president and chief financial officer will participate in an analyst-led fireside chat. The presentation will be webcast and can be accessed on Ryman Hospitality Properties’ website at www.rymanhp.com. To listen to the webcast, please visit the investor relations section of the website at least 15 minutes prior to the beginning of the scheduled presentation to register, download and...

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AMERISAFE Announces 2020 Fourth Quarter and Year-End Results

Reports $86.6 Million of Net Income in 2020Increases quarterly dividend by 7.4%DERIDDER, La., Feb. 24, 2021 (GLOBE NEWSWIRE) — AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced results for the fourth quarter and year ended December 31, 2020.G. Janelle Frost, President and Chief Executive Officer, noted, “Insurance is all about risk, and 2020 was unparalleled in terms of risks converging in one year. A global pandemic, natural disasters, and a recession, coupled with a soft workers’ compensation market, made 2020 a unique challenge. We successfully met this challenge through our employees’ dedication to service and the strong foundation built over years of discipline in underwriting and claims management. For the year, this culminated in a combined...

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Kaiser Aluminum Corporation Reports Fourth Quarter and Full Year 2020 Financial Results

Full Year 2020:Solid Execution Under Very Challenging Business ConditionsNet Sales $1,173 Million; Value Added Revenue $697 Million, Down 19% Year-over-YearNet Income $29 Million; Net Income per Diluted Share $1.81Adjusted Net Income $48 Million; Adjusted Earnings per Diluted Share $3.01Adjusted EBITDA $154 Million; Adjusted EBITDA Margin 22.1%Significant Decline in Commercial Aerospace Demand; Strong Defense, Auto and GE DemandAggressively Flexed Costs to Align With Lower VolumeExecuted Definitive Agreement for Transformative Acquisition of Alcoa Warrick LLCIncreased Quarterly Dividend 12% to $0.67/share in 2020; Increased 7.5% to $0.72/share in 2021FOOTHILL RANCH, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) — Kaiser Aluminum Corporation (NASDAQ:KALU), a leading producer of semi-fabricated specialty aluminum products, serving customers...

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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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