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Day: April 22, 2021

Akari Therapeutics Announces Poster Presentation of Phase II Bullous Pemphigoid Disease and Phase III Trial Design at American Academy of Dermatology Association Virtual Meeting Experience

NEW YORK and LONDON, April 22, 2021 (GLOBE NEWSWIRE) — Akari Therapeutics, Plc (Nasdaq: AKTX), a biopharmaceutical company focused on innovative therapeutics to treat orphan autoimmune and inflammatory diseases where the complement and leukotriene systems are implicated, announced today that it will present a poster at the American Academy of Dermatology Association (AAD) Virtual Meeting Experience (VMX) taking place April 23-25, 2021. The poster will be made available on AAD’s VMX platform beginning April 23, 2021, and the Akari corporate website at http://investor.akaritx.com/news-and-events/presentations following the meeting. Poster Details Title: “Disease Remission During a Short-term Treatment Phase II Study of Nomacopan in Mild-to-moderate Bullous Pemphigoid” Category: Immunodermatology & Blistering Disorders Presentation...

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Rail Wheel Market to Touch USD 4,869.1 Million with 5.2% CAGR by 2025; Exciting Advancements in Locomotive Technologies to Accelerate Market Growth: Fortune Business Insights™

Pune, India, April 22, 2021 (GLOBE NEWSWIRE) — According to the report, Rail Wheel market size is projected to reach USD 4,869.1 Million by 2027. The Global Rail Wheel Market was worth USD 3,822.1 million in 2019 and will exhibit a CAGR of 5.2% during the forecast period. Expansion of Rural Connectivity in Emerging Economies to Catalyze the Rail Wheel Market Growth. Efficient, uninterrupted connectivity is elemental for the economic progress of a nation. Railways, since the 19th century, have played an instrumental role in expanding economies and improving the living standards of people. Even today, in a period of accelerated economic growth, countries, both developed and developing, are initiating and completing rail projects to further strengthen their economies. For example, in the UK, the first phase of the High Speed 2 railway...

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Erdene Extends Dark Horse Discovery to the South With Intersection of 35m of 2.7 g/t Gold Including 12m of 5.1 g/t Gold

HALIFAX, Nova Scotia, April 22, 2021 (GLOBE NEWSWIRE) — Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN) (“Erdene” or the “Company”) is pleased to report initial assay results from the current exploration drill program confirming the southern extension of the Dark Horse Mane gold prospect. Highlights1(See the attached maps and images for reference):Exploration drilling continues to expand zones of mineralization within the 30 square-kilometre Ulaan-Khundii prospect area Recent drilling extended the near-surface, high-grade gold zone at the southern end of Dark Horse Mane prospect, located 3 kilometres north of the Bayan Khundii gold depositAAD-81 returned 35 metres of 2.67 g/t gold beginning 4 metres from surfaceIncludes 12 metres of 5.1 g/t gold, including 1-metre intervals of 14 and 19.1 g/t gold Mineralization...

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Speech and Voice Recognition Market to be Worth USD 28.3 Billion by 2026, Rising at a CAGR of 19.8%

Pune, India, April 22, 2021 (GLOBE NEWSWIRE) — The advent of advance technologies in diverse industries such as healthcare, banking, medicine, and others is promoting the growth of the global speech and voice recognition market says Fortune Business Insights in their new study. As per the report, the global speech and voice recognition market, which was valued at USD 6.9 Billion in 2018, is projected to rise at a CAGR of 19.8% and reach a value of USD 28.3 Billion by the end of 2026. The study is titled “Speech and Voice Recognition Market Size, Share and Global Trend By Component (Solution, Services), By Technology (Voice Recognition, Speech Recognition), By Deployment (On-Premises, Cloud), By End-User (Healthcare, IT and Telecommunications, Automotive, BFSI, Government, Legal, Retail, Travel and Hospitality and Others) and Geography...

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Effnetplattformen AB (publ): Tessin Nordic har framgångsrikt genomfört en riktad nyemission om 38,5 MSEK

Stockholm, 22 april 2021 — Tessin Nordic AB (”Tessin”) som, i enlighet med tidigare kommunikation, planerar att ta över Effnetplattformens notering på Nasdaq First North Growth Market har framgångsrikt genomfört en riktad nyemission om 38.5 MSEK till ett begränsat antal investerare. Emissionen var kraftigt övertecknad. Tidigare har Tessin meddelat att Samhällsbyggnadsbolaget i Norden AB:s grundare och VD Ilija Batljan och Cantaloupe som ägs av fyra av grundarna till Sinch har investerat i Tessin inför noteringen. Transaktionen där Tessin övertar Effnetplattformens notering på Nasdaq First North Growth Market är bland annat villkorad av erforderliga beslut på Effnetplattformens årsstämma den 21 maj 2021 samt av Nasdaq Stockholms godkännande. För mer information om Tessin, se https://tessin.com/sv/    För ytterligare information kontakta: Hans...

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Huazhu Group Limited Announces Preliminary Results for Hotel Operations in the First Quarter of 2021

SHANGHAI, China, April 22, 2021 (GLOBE NEWSWIRE) — Huazhu Group Limited (NASDAQ: HTHT and HKEX: 1179) (“Huazhu”, “we” or “our”), a world-leading hotel group, today announced preliminary results for hotel operations in the first quarter (“Q1 2021”) ended March 31, 2021. COVID-19 updateDue to COVID-19 resurgence in Shanghai, Beijing and Hebei Province and the “stay local” guidance prior to the Chinese New Year holiday (CNY), RevPAR in January and February 2021 recovered to 74% and 56% of 2019 respectively. Our hotel openings were also negatively impacted by the resurgence of COVID-19 during the first quarter. However, our performance started to recover steadily again post the CNY holiday. Particularly, after the National People’s Congress and the Chinese People’s Political Consultative Conference during the first week of March, the...

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American Airlines Reports First-Quarter 2021 Financial results

FORT WORTH, Texas, April 22, 2021 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) today reported its first-quarter 2021 financial results, including:First-quarter revenue of $4.0 billion, down 53% year over year on a 39% year-over-year reduction in total available seat miles (ASMs). First-quarter net loss of $1.3 billion, or ($1.97) per share. Excluding net special items1, first-quarter net loss was $2.7 billion, or ($4.32) per share. Raised $10 billion through debt offering backed by the AAdvantage program and used a portion of the proceeds to prepay in full the secured loan from the U.S. Department of the Treasury. Ended the first quarter with approximately $17.3 billion of total available liquidity. Company expects to end the second quarter with approximately $19.5 billion in total available liquidity.“We are...

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Armstrong Flooring Reports First Quarter 2021 Results

First Quarter 2021 HighlightsNet sales increased 7.4% to $148.9 million Net income of $27.2 million, including $46.0 million gain on sale of South Gate, California property completed in March for gross proceeds of $76.7 million Adjusted EBITDA loss of $7.6 millionLANCASTER, Pa., April 22, 2021 (GLOBE NEWSWIRE) — Armstrong Flooring, Inc. (NYSE:AFI) (“Armstrong Flooring” or the “Company”) a leader in the design and manufacture of innovative flooring solutions, today reported financial results for the first quarter ended March 31, 2021. Michel Vermette, President and Chief Executive Officer, commented, “The positive momentum in our business continued into the first quarter and I am pleased with the ongoing transformation of Armstrong Flooring. We delivered 7.4% top-line growth compared to the first quarter 2020 and 5.1% growth...

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Sandy Spring Bancorp Reports First Quarter Earnings of $75.5 Million

OLNEY, Md., April 22, 2021 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc., (Nasdaq-SASR), the parent company of Sandy Spring Bank, today reported net income of $75.5 million ($1.58 per diluted common share) for the first quarter of 2021. The current quarter’s result compares to net income of $10.0 million ($0.28 per diluted common share) for the first quarter of 2020 and net income of $56.7 million ($1.19 per diluted common share) for the fourth quarter of 2020.  Core earnings for the current quarter, which exclude the impact of the provision for credit losses and provision on unfunded loan commitments, merger and acquisition expense, loss on FHLB redemptions, amortization of intangibles and investment securities gains, each on an after-tax basis, were $56.9 million ($1.20 per diluted common share), compared to $29.6 million ($0.85...

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NeuroMetrix Reports Q1 2021 Financial Results

WOBURN, Mass., April 22, 2021 (GLOBE NEWSWIRE) — NeuroMetrix, Inc. (Nasdaq: NURO) today reported financial and business highlights for the quarter ended March 31, 2021. The Company is a leader in proprietary non-invasive medical devices for the diagnosis and treatment of pain and neurological disorders. Q1 2021 Highlights:Revenue of $2.2 million improved 19% sequentially from $1.8 million in Q4 2020. Q1 2021 revenue was approximately level with Q1 2020. Gross margin on revenue was $1.6 million or 73.3%, an improvement of 190 basis points over 71.4% in Q1 2020. Net loss for the quarter was $60 thousand in comparison to a net loss of $657 thousand in Q1 2020. DPNCheck® posted sequential and year-on-year revenue growth. The domestic Medicare Advantage business was the primary contributor to DPNCheck revenue during the quarter. The...

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