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Month: May 2021

Verizon Media and Condé Nast partner across content and advertising

New partnership pairs Condé Nast’s iconic brands with Yahoo innovation and reach NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) — Verizon Media and Condé Nast today announced an expansion of their partnership to build the next generation of content and advertising experiences for consumers and advertisers. Pairing Condé Nast’s iconic brands with Verizon Media’s unparalleled technology and reach, the partnership unlocks new content distribution opportunities and increased access to Condé Nast’s premium inventory. In addition, the companies will collaborate to create immersive content, advertising, and commerce experiences. The announcement builds on Verizon Media and Condé Nast’s work together, which extends the reach of premium digital video programming from brands like Vogue, Allure, Glamour, GQ, Vanity Fair and others across highly...

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Turning Point Therapeutics Names Kumar Srinivasan as Executive Vice President, Chief Business Officer

SAN DIEGO, May 17, 2021 (GLOBE NEWSWIRE) — Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, today announced the appointment of Kumar Srinivasan, Ph.D., MBA, as executive vice president and chief business officer, effective June 1. Dr. Srinivasan has over 20 years of experience in pharmaceutical and biotechnology companies, most recently as vice president and global head of business development for the BioPharmaceutical business unit of AstraZeneca. “As we advance now four clinical stage drug candidates and enhance our pipeline for the future, Kumar brings deep expertise to help guide our corporate strategy and business development priorities,” said Athena Countouriotis, M.D., president and CEO. “We look forward to having Kumar...

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Rackspace Technology provides Brooks Macdonald with streamlined and secure private cloud architecture

Rackspace Technology migrated Brooks Macdonald Group to new private cloud architecture following decade of business growth Brooks Macdonald moved its Microsoft Office 365 licensing to Rackspace Technology and engaged Rackspace Managed Security Services for improved security and complianceLONDON, May 17, 2021 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has enabled Brooks Macdonald, a UK and international investment management services provider, to adopt a secure managed private cloud architecture. After a decade of significant growth, Brooks Macdonald mandated Rackspace Technology to manage and optimise its IT architecture. The company now uses Rackspace Managed Cloud, a private cloud offering from Rackspace Technology. The migration project has streamlined...

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Sage Intacct receives highest score in Core Financials for Lower Midsize Enterprises Use Case in 2021 Gartner Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises report

Sage Intacct also positioned as a Visionary in the May 2021 Gartner Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises ATLANTA, May 17, 2021 (GLOBE NEWSWIRE) — Sage (FTSE: SGE), the market leader in cloud business management solutions, today announced that Gartner has recognized Sage Intacct in a new Critical Capabilities report. Sage Intacct received the highest product score (4.58 out of five) in the Core Financials for Lower Midsize Enterprises Use Case in the 2021 Gartner report Critical Capabilities for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises1. This continues a streak of five straight years Sage Intacct has scored highest for that use case. Gartner, the world’s leading research and advisory company, defines lower midsize enterprises...

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Insurers Can Now Better Manage Ever-Changing Cyber Risk with Verisk’s New Cyber Risk Navigator

The cyber risk modeling platform will help the insurance industry understand the financial impact of cyber incidents JERSEY CITY, N.J., May 17, 2021 (GLOBE NEWSWIRE) — From data breaches and service provider outages to system failures and ransomware attacks, cyber risk is growing and intensifying, forcing many insurers to reconsider how they manage their cyber business. To help address this challenge, Verisk (Nasdaq: VRSK), a leading global data analytics provider, today launched Cyber Risk Navigator, a next-generation cyber risk modeling and aggregation platform built to help insurers, reinsurers and brokers understand the financial impact of cyber incidents. The new SaaS platform features a comprehensive suite of models to estimate potential insured cyber losses for individual incidents and thousands of aggregation scenarios....

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LPL Financial and Gladstone Wealth Partners Welcome Women-Led Platinum Wealth Management of Buckhead

CHARLOTTE, N.C., May 17, 2021 (GLOBE NEWSWIRE) — LPL Financial LLC today announced that financial advisors Gena Barbato, Beth Woodward and Daniel Kundla CFP® have joined LPL Financial’s broker-dealer, corporate registered investment advisor (RIA) and custodial platforms, aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors. The team reported having served approximately $215 million in advisory and brokerage assets*. They join LPL from UBS Financial Services. Based in Atlanta’s Buckhead community, managing partners Barbato and Woodward have worked together since 2001, officially merging their business 16 years ago. Kundla joined the team in 2016 as a college intern, and the job blossomed into his current role as senior vice president-investments. “Over the years, we’ve found that a team approach...

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Comstock Holding Companies Reports First Quarter 2021 Results

WASHINGTON and RESTON, Va., May 17, 2021 (GLOBE NEWSWIRE) — Comstock Holding Companies, Inc., (NASDAQ: CHCI) (the “Company”), announced financial results for the three months ended March 31, 2021: Highlights of First Quarter 2021, as compared to First Quarter 2020:Total revenue increased by 19% to $8.3 million during the first quarter 2021, as compared to $7.0 million during the same period of the prior year. Revenue from asset management operations increased by 26% to $6.8 million during the first quarter 2021, as compared to $5.4 million during the same period of the prior year. Operating income increased by 57% to $300 thousand during the first quarter 2021, as compared to $191 thousand during the same period of the prior year. Net income increased to $250 thousand during the first quarter 2021, as compared to a net loss of...

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Whitehorse Gold Closes $15.3 million in Private Placement Offerings

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) — Whitehorse Gold Corp. (TSXV: WHG) (“Whitehorse Gold” or the “Company”) announces that it has closed its previously announced private placement offerings and raised aggregate gross proceeds of approximately $15.26 million. The offerings consisted of: (i) a brokered private placement offering of units (each, a “Unit”) and flow-through units (each, a “Flow-Through Unit”) for aggregate gross proceeds of approximately $13.44 million, inclusive of a partial exercise of the overallotment option (the “Brokered Offering”); and (ii) a non-brokered offering (the “Non-Brokered Offering” and together with the Brokered Offering,...

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Sugarmade Closes Lemon Glow Acquisition, Gaining Cannabis Property Capable of 64 Tons of Cannabis Flower Production Per Annum

NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to announce the signing of a Definitive Agreement (the “Agreement”) for its acquisition of Lemon Glow Company, Inc. (“Lemon Glow”) and all of its assets, interests, property, and rights, including 640 acres of real estate (the “Property”) located in Lake County, California, outside of the Commercial Cannabis Cultivation Exclusion Zones. With the signing of the Agreement by all relevant parties, and the consummation of the transactions required by the Agreement, the acquisition of Lemon Glow is now closed and final. Jimmy Chan, CEO of Sugarmade, commented, “This step brings us closer to closing the loop on what we believe to be one of the most promising vertically integrated cannabis models...

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Skye Bioscience’s THCVHS Demonstrates Superior Therapeutic Benefit Compared to Glaucoma Standard of Care, both as Combination and Single Agent, in Preclinical Study

 THCVHS combined with netarsudil (Rhopressa®) achieves an average maximum intraocular pressure (IOP) reduction of 32.4% and maintains an average IOP reduction of 26.5% at 9 hours, significantly better than any single drug or combination tested THCVHS demonstrates superior IOP-lowering and duration relative to glaucoma standard of care, latanoprostSan Diego, Calif, May 17, 2021 (GLOBE NEWSWIRE) — Skye Bioscience, Inc. (OTCQB: SKYE) (“SKYE” or the “Company”), a biopharmaceutical company developing proprietary, synthetic cannabinoid-derived molecules to treat glaucoma and other diseases with significant unmet need, announced that in a preclinical study assessing intraocular pressure (IOP)-lowering effects of its novel prodrug, THCVHS combined with netarsudil demonstrated the most significant IOP-lowering effects and duration of...

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