Day: November 28, 2022

CHANDLER, Ariz., Nov. 28, 2022 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, announced today that the Company will present at the Credit Suisse 26th Annual Technology Conference on Wednesday, September 14 at 9:15 a.m. (Pacific Time). Presenting for the Company will be Mr. Ganesh Moorthy, Executive Chair. A live webcast of the presentation will be made available by Credit Suisse, and can be accessed on the Microchip website at www.microchip.com. Any forward looking statements made during the presentation are qualified in their entirety by the discussion of risks set forth in the Company’s Securities and Exchange Commission filings. Copies of SEC filings can be obtained for free at the SEC’s website (www.sec.gov) or from...

SAN DIEGO, Nov. 28, 2022 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, is scheduled to participate at the following conferences in December 2022: 22nd Annual Advanced Automotive Battery Conference (AABC)Date: Monday, December 5th to Thursday, December 8th, 2022Location: Hotel Del Coronado, 1500 Orange Ave, Coronado, CA, Booth #800Event Detail: The Advanced Automotive Battery Conference (AABC) hosts industry experts that analyze what issues on the technical and business fronts impede the development of vehicle electrification. Attendees will have the opportunity to network with industry leaders that will provide insight into the business outlook and trends on...

FRISCO, TX, Nov. 28, 2022 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that Trey Newell will be joining the Company as Vice President of Corporate Development to support a new initiative to develop new markets for the Company’s natural gas production in the Haynesville shale in East Texas and North Louisiana. Lori Kanaman also recently joined the Company to head up the Company’s natural gas marketing group as Vice President of Marketing. Trey Newell brings two decades of commercial, marketing and operations experience in the midstream energy industry. Prior to joining Comstock, Mr. Newell was responsible for producer relationships, business development, project management, scheduling, and marketing as Commercial and Marketing Vice President...

ST. LOUIS, Nov. 28, 2022 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today reported selected operating results for October 31, 2022 in an effort to provide timely information to investors on certain key performance metrics. Due to the limited nature of this data, a consistent correlation to earnings should not be assumed. Ronald J. Kruszewski, Chairman and Chief Executive Officer, said, “The benefits of our client cash initiatives are highlighted by the increase in client deposits in October, which have continued into November. We have been able to successfully retain our existing deposit base and also bring in new cash balances. Client assets and fee-based assets increased 5% as a function of both financial advisor recruiting and appreciation in equity markets. The environment remains challenging for our Institutional...

PONTE VEDRA, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) — Treace Medical Concepts, Inc. (“Treace” or the “Company”) (NasdaqGS: TMCI), a medical technology company driving a fundamental shift in the surgical treatment of hallux valgus (commonly known as bunions) through its Lapiplasty® 3D Bunion Correction™ Procedure, today announced that its SpeedPlate™ Rapid Compression Implant System (“SpeedPlate™”) has received 510(k) clearance from the FDA to be used for fracture fixation, osteotomy fixation, and joint arthrodesis of the foot and ankle. The SpeedPlate™ System was designed for rapid delivery of titanium compression implants, serving as enabling fixation technology with Treace’s new Micro-Lapiplasty® instrumentation which allows the patented Lapiplasty® procedure to be performed through small, 2cm incisions....

WALTHAM, Mass. and BOULDER, Colo., Nov. 28, 2022 (GLOBE NEWSWIRE) — Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced the appointment of Rachael Easton, MD, Ph.D., Vice President, Head of Clinical Development. “We are pleased to welcome Dr. Easton to Cogent as we continue to develop bezuclastinib in Systemic Mastocytosis and GIST,” said Andrew Robbins, the company’s President and Chief Executive Officer. “Dr. Easton is an accomplished physician-scientist who brings a wealth of experience in both early and late-stage clinical development across multiple therapeutic areas. Her background and knowledge will allow us to thoughtfully advance our programs as we work towards bringing important therapies to patients with genetically...

CHANDLER, Ariz., Nov. 28, 2022 (GLOBE NEWSWIRE) — (NASDAQ: MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, reiterated its quarterly guidance initially issued on November 3, 2022. Microchip expects consolidated net sales for the December 2022 quarter to be $2.135 billion to $2.177 billion, which would result in sequential growth of between 3.0% and 5.0%, or 22.7% year-over-year growth, at the mid-point of the guidance range. The Company also reaffirms its expectations for sequential revenue growth for the March 2023 quarter.   “We expect to deliver our 9th consecutive quarter of record revenue in the December 2022 quarter. Our backlog for the quarter remains strong, our carefully curated end markets remain resilient, and while we see incremental supply...

Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunityNavitas Presents Pure-Play, Next-Gen Semiconductors at Taiwan Investor Meeting Leading-edge gallium nitride (GaN) and silicon carbide (SiC) technologies rapidly taking share from legacy silicon chips in $22B/yr market opportunityTORRANCE, Calif., Nov. 28, 2022 (GLOBE NEWSWIRE) — Navitas Semiconductor (Nasdaq: NVTS), the only pure-play, next-generation power semiconductor company and industry leader in GaN power ICs and SiC technology, announced its participation in a Taiwan Investor Meeting hosted by MESH Ventures. Navitas was recently ranked the 75th fastest-growing company in North America on the 2022 Deloitte Technology Fast 500™. In-person schedule: Wednesday December...