Day: August 19, 2021
Highly Accomplished Visionary with Proven Track Record of Leading Healthcare Businesses
Cerner Board Separates Chairman and CEO Roles and Names William Zollars Chairman of Board of Directors
KANSAS CITY, Mo., Aug. 19, 2021 (GLOBE NEWSWIRE) — Cerner Corporation (Nasdaq: CERN) today announced that its Board of Directors has appointed David Feinberg, M.D., MBA, as President and Chief Executive Officer, effective October 1, 2021. He succeeds Brent Shafer, who previously announced his decision to transition from chairman and CEO. Dr. Feinberg will serve as a member of the Board of Directors. Cerner’s current President, Donald Trigg, will leave Cerner. Cerner’s Board of Directors also announced that it will separate the roles of chairman and Chief Executive Officer and has appointed William Zollars as independent chairman, also effective...
SIKA TO DIVEST EUROPEAN INDUSTRIAL COATINGS BUSINESS
Written by Customer Service on . Posted in Public Companies.
SIKA TO DIVEST EUROPEAN INDUSTRIAL COATINGS BUSINESS
Sika has agreed to sell its European industrial coatings business, based in Germany, to The Sherwin-Williams Company, the US-based global leader in paints and coatings. In 2020, the business segment generated sales of approximately CHF 75 million. The transaction is expected to close in the beginning of 2022.
Sika has taken the strategic decision to divest its European industrial coatings business. The business offers a wide portfolio of innovative products and solutions primarily sold to specialized customer groups such as steel construction companies or anticorrosion experts. These customer segments provide little synergy potential on a Group-wide level and the business has remained a specialized niche within the Sika Group. The transaction includes the European industrial coatings...
Ingredion Names Catherine Suever to Board of Directors
Written by Customer Service on . Posted in Public Companies.
WESTCHESTER, Ill., Aug. 19, 2021 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today announced the appointment of Catherine Suever to its board of directors, effective August 17.
“Catherine is an accomplished executive who brings more than 35 years of strategic, global financial experience and proven leadership to our board,” said Jim Zallie, Ingredion’s president and chief executive officer. “Her deep understanding of business and financial operations and board experience will strengthen our board’s decision making as we work to deliver long-term value for our shareholders.”
“On behalf of the board of directors, I am delighted to welcome Catherine to the board,” said Gregory Kenny, Ingredion’s chairperson of the Board....
Sorrento Announces Its Lead Protein-Based COVID-19 Vaccine Candidate – DYAI-100 – Elicits Strong Neutralizing Immune Responses in Vaccinated Animals Against SARS-CoV-2 and Multiple Major Variants of Concern
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Immunization with a protein-based immunogen, DYAI-100, a receptor binding domain (RBD) of SARS-CoV-2, resulted in potent B cell immunity in preclinical studies, with strong serological recognition of the original SARS-CoV-2 virus and major variants of concern (Alpha, Beta, Gamma, and Delta; “VOCs”).
The sera of vaccinated mice demonstrated potent neutralization of viral infection by the original SARS-COV-2 and major VoCs, such as Beta and Delta, and to a lesser extent Gamma in vitro in a live virus challenge Vero-E6 cell model.
Sorrento and its collaboration partner, Dyadic International, Inc., are working together to complete the IND-enabling studies for IND submission for human vaccination trials globally.
A MultiValent RBD-based vaccine utilizing the RBDs from SARS-CoV-2 and its major VoCs is in development to potentially serve as...
Terra Millennium Corporation continues its expansion with acquisition of Rocky Mountain Industrial Construction Services
Written by Customer Service on . Posted in Mergers And Acquisitions.
SALT LAKE CITY, Aug. 19, 2021 (GLOBE NEWSWIRE) — Terra Millennium Corporation (TMC) is excited to announce today its acquisition of Rocky Mountain Industrial Construction Services (RMI).
RMI is a leading heavy industrial contractor specializing in process piping, mechanical projects, structural steel, structural concrete, excavation, demolition, HAZWOPER projects, underground piping, and helical piers. RMI will continue to operate independently as a standalone subsidiary of TMC and will provide the same great customer service, turnkey solutions and quality staff that has made them successful since their inception.
“We are extremely excited to welcome RMI into our TMC family of companies. They bring expertise in numerous specialty services which helps expand the service offering we can deliver to our customers through the TMC family...
NuCana Reports Second Quarter 2021 Financial Results and Provides Business Update
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
EDINBURGH, United Kingdom, Aug. 19, 2021 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the second quarter ended June 30, 2021 and provided an update on its broad clinical program with its transformative ProTide therapeutics.
As of June 30, 2021, NuCana had cash and cash equivalents of £73.4 million compared to £78.6 million at March 31, 2021 and £87.4 million as of December 31, 2020. NuCana continues to advance its various clinical programs and reported a net loss of £9.1 million for the quarter ended June 30, 2021, as compared to a net loss of £6.1 million for the quarter ended June 30, 2020. Basic and diluted loss per share was £0.17 for the quarter ended June 30, 2021, as compared to £0.19 per share for quarter ended June 30, 2020.
“It has been a productive first half of 2021 with our release of...
Applied Materials Announces Third Quarter 2021 Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
Record quarterly revenue of $6.20 billion, up 41 percent year over year
Record quarterly GAAP operating margin of 32.5 percent and record non-GAAP operating margin of 32.7 percent, up 7.3 points and 6.3 points year over year, respectively
Record quarterly GAAP EPS of $1.87 and record non-GAAP EPS of $1.90, up 105 percent and 79 percent year over year, respectivelySANTA CLARA, Calif., Aug. 19, 2021 (GLOBE NEWSWIRE) — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended Aug. 1, 2021.
Third Quarter Results
Applied generated revenue of $6.20 billion. On a GAAP basis, the company recorded gross margin of 47.9 percent, operating income of $2.01 billion or 32.5 percent of net sales, and earnings per share (EPS) of $1.87.
On a non-GAAP adjusted basis, the company reported gross margin of 48.0 percent,...
Quanex Building Products Announces Third Quarter 2021 Earnings Release and Conference Call Schedule
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HOUSTON, TEXAS, Aug. 19, 2021 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE: NX) (“Quanex” or the “Company”) today announced plans to release its third quarter 2021 results on Thursday, September 2, 2021 after trading closes on the New York Stock Exchange.
The Company has also scheduled a conference call for Friday, September 3, 2021 at 11:00 a.m. ET (10:00 a.m. CT) to discuss the release. Investors may participate in the conference call via telephone by dialing (877) 388-2139 for domestic callers or (541) 797-2983 for international callers, in both cases using conference passcode 6642169, and asking for the Quanex call a few minutes prior to the start time.
A link to the live audio webcast will also be available on the Company’s website at http://www.quanex.com in the Investors section under Presentations &...
RPT Realty Announces Third Quarter 2021 Earnings Release Date and Conference Call Information
Written by Customer Service on . Posted in Public Companies.
NEW YORK, Aug. 19, 2021 (GLOBE NEWSWIRE) — RPT Realty (NYSE:RPT) (the “Company”) announced today that it will release its third quarter 2021 earnings press release after the market closes on Wednesday, November 3, 2021. The Company will host a conference call on Thursday, November 4, 2021 at 9:00 AM (ET) to discuss its financial and operating results.
A live webcast will be available online on the Company’s website at investors.rptrealty.com. The conference call can also be accessed by dialing (877) 705-6003 or (201) 493-6725 for international callers. A telephonic replay of the call will be available through Thursday, November 11, 2021. The replay can be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers and entering passcode 13722505. A webcast replay will also be archived on the Company’s web site...
Parsons Awarded Three-Year, $39 Million Contract by Lusail Real Estate Development Company
Written by Customer Service on . Posted in Public Companies.
CENTREVILLE, Va., Aug. 19, 2021 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the company was selected by Lusail Real Estate Development Company (LREDC) to provide project management, construction management and site supervision consultancy services for infrastructure, utilities, and landscape projects in Lusail City through a $39 million, three-year contract.
“Parsons is honored to be selected by the Lusail Real Estate Development Company for this new assignment,” said Pierre Santoni, president, Middle East and Africa for Parsons. “For more than a decade, we have worked diligently to deliver results in our Lusail City programs. This award recognizes those results and marks our opportunity to continue creating the future alongside LREDC.”
Lusail City is the largest development currently being undertaken...