Year: 2021

MRC Global, Board of DirectorsGeorge DamirisMRC Global, Board of DirectorsRonald JadinHOUSTON, Nov. 04, 2021 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC) announced today that George Damiris and Ronald Jadin have both joined MRC Global’s board of directors. Rhys Best, MRC Global’s chairman of the board of directors, commented, “The board is very pleased to welcome George and Ron as new independent directors. Each brings unique perspectives and insights that will expand our board’s capabilities.”   Mr. Damiris previously served as the president and chief executive officer of both HollyFrontier Corporation and Holly Energy Partners from 2016 until 2019. From 2007 until 2015, he served in various leadership roles with HollyFrontier, and before that, with Koch Industries. He serves on the board of...

– Announced Advancement into Randomized Phase 2 Expansion and Addition of New Sub-studies to Existing Clinical Collaboration with GlaxoSmithKline Evaluating Nirogacestat in Combination with BLENREP in Patients with Relapsed or Refractory Multiple Myeloma – – Expanded Targeted Oncology Pipeline with In-License of Portfolio of Next-Generation Mutation-Selective EGFR Inhibitors – – Initiated Mirdametinib Phase 1/2 Basket Study in ER+ Metastatic Breast Cancer and MEK 1/2 Mutant Solid Tumors – – Announced Issuance of New U.S. Composition of Matter Patents to Polymorphic Form of Mirdametinib, Extending Patent Protection Into 2041 – STAMFORD, Conn., Nov. 04, 2021 (GLOBE NEWSWIRE) — SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with...

Signed binding agreement with KKR to sell Clearway’s Thermal Business for $1.9 billion Entered into new Resource Adequacy contracts for Marsh Landing and Walnut Creek; now approximately 80% and 100% contracted, respectively, through 2026 Executed agreement to acquire the remaining 50% interest in the 530 MW Utah Solar Portfolio Committed drop down investments with 4Q21 completion dates remain on track for closing by year-end  Refinanced $350 million of corporate debt through the issuance of the 2032 Green Bond Senior Notes Reaffirming 2021 financial guidance, updating pro forma CAFD outlook, and initiating 2022 financial guidance Increasing the quarterly dividend by 1.6% to $0.34 per share in the fourth quarter of 2021, or $1.36 per share annualized; now targeting to be in the upper range of 5-8% annual dividend growth objective through...

Record third quarter 2021 revenue grew 34% year over year EMERYVILLE, Calif., Nov. 04, 2021 (GLOBE NEWSWIRE) — Berkeley Lights, Inc. (Nasdaq: BLI), a leader in Digital Cell Biology, today reported financial results for the quarter ended September 30, 2021. Recent HighlightsGrew total revenue to a record of $24.3 million for the third quarter of 2021, representing 34% growth compared to the third quarter of 2020Placed 13 new systems and increased installed base to 105 Berkeley Lights platforms, including 6 placements to existing customers in the third quarter of 2021Genovac purchased a third Beacon Optofluidic system, becoming the first CRO to leverage the Beacon system for both antibody discovery and cell line developmentGlaxoSmithKline purchased a third Beacon Optofluidic system to expand its antibody therapeutics capacityExpanded...

PORTSMOUTH, N.H., Nov. 04, 2021 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE: SRLP) today reported its financial results for the third quarter ended September 30, 2021. Third Quarter 2021 HighlightsNet sales were $665.5 million for the third quarter of 2021, compared to net sales of $390.5 million for the third quarter of 2020. GAAP net loss was $115.8 million for the third quarter of 2021, compared to net income of $9.7 million for the third quarter of 2020. Adjusted gross margin* was $57.9 million for the third quarter of 2021, compared to adjusted gross margin of $56.6 million for the third quarter of 2020. Adjusted EBITDA* was $18.4 million for the third quarter of 2021, compared to adjusted EBITDA of $20.2 million for the third quarter of 2020.“Sprague’s third quarter results showcase the resiliency...

TEL AVIV, Israel, Nov. 04, 2021 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced that its 2021 Annual General Meeting of Shareholders will be held on Thursday, December 9, 2021, at 3:00 p.m. (Israel time), at the offices of the Company, 22 Raoul Wallenberg Street, Tel Aviv, Israel. The record date for the Annual General Meeting is November 5, 2020. In light of the outbreak of the coronavirus disease 2019 (COVID-19) pandemic, the Company reserves the option to convert the Annual General Meeting from a physical meeting to a virtual meeting, in which event the Company will issue a press release and/or furnish a Form 6-K or other document to the U.S. Securities and Exchange Commission (SEC) prior to the date of the meeting outlining the manner in which...

Increases 2021 Financial Outlook and Announces Updated Capital Allocation Strategy HOUSTON, Nov. 04, 2021 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported third quarter 2021 results. Third Quarter 2021 Financial Results Third quarter 2021 net income attributable to Targa Resources Corp. was $182.2 million compared to net income of $69.3 million for the third quarter of 2020. The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“Adjusted EBITDA”) of $505.9 million for the third quarter of 2021 compared to $419.1 million for the third quarter of 2020 (see the section of this release entitled “Non-GAAP Financial Measures” for a discussion of adjusted EBITDA, distributable cash flow, adjusted free cash flow,...

95% of Gross Assets Now Industrial – Marking Substantial Completion of Portfolio Transformation Increases Common Share Dividend for the Fourth Quarter of 2021 by 11.6% NEW YORK, Nov. 04, 2021 (GLOBE NEWSWIRE) — Lexington Realty Trust (“LXP”) (NYSE:LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the third quarter ended September 30, 2021. Third Quarter 2021 HighlightsRecorded Net Income attributable to common shareholders of $5.0 million, or $0.02 per diluted common share. Generated Adjusted Company Funds From Operations available to all equityholders and unitholders – diluted (“Adjusted Company FFO”) of $53.6 million, or $0.19 per diluted common share. Completed 2.6 million square feet of new leases and lease extensions, raising industrial...

The University of Catania and STMicroelectronics Sign Agreementto Collaborate on Power Electronics Training and Research Catania, Italy, November 4, 2021 – The University of Catania (Italy) and STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, today announced the signing of a framework agreement on education and research activities in power electronics. The collaboration aims to foster academic and professional training of students and nurture research for technological innovation. Key to a sustainable energy future, power electronics manage the flow of electric energy inside all systems and applications by supplying the appropriate voltages and currents to power the electronics we use in all end products. Addressing the challenge to improve efficiency, reduce...