Day: October 24, 2023

Araclon Biotech Presents Positive Final Results from Phase 2 Clinical Study of ABvac40 Alzheimer’s Vaccine at CTAD

Trial met primary endpoints, confirming vaccine’s safety, tolerability and robust immune response against the Aβ40 peptide in early-stage Alzheimer’s patients ABvac40 treatment slowed disease progression up to 38% compared with placebo as measured by the Mini-Mental State Examination score Vaccine’s unique design offers a new approach to address growing need for effective Alzheimer’s treatments as the prevalence of Alzheimer’s disease is expected to double by the year 2050 in the U.S. alone1 ZARAGOZA, Spain, Oct. 24, 2023 (GLOBE NEWSWIRE) — Araclon Biotech, a Grifols Group company dedicated to the research and development of therapies and diagnostic methods applied to neurodegenerative diseases, today announced encouraging final results from its Phase 2 trial (NCT03461276) of ABvac40, an active vaccine against the Aβ40...

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Egide: RESULTS FOR THE 1ST HALF OF 2023 MARK EGIDE GROUP’S RECOVERY – cancels & replaces

The press release from Egide Group distributed on October 24, 2023 at 6.30pm  had a typo, only in the English Version, in the paragraph concerning the breakdown of consolidated operating result by entity as of June 30, 2023. Please find hereafter the updated version. We apologize for any inconvenience caused. Press Release Bollène, October 24, 2023– 05:30pm (CET) RESULTS FOR THE 1ST HALF OF 2023MARK EGIDE GROUP’S RECOVERY _________________________________________________________________________________ H1 2023 sales: 19.2 million euros, up 20%. Operating loss reduced by 74%: from 1.3M€ at June 30, 2022 to 0.3M€ at June 30,2023 EBITDA up 1.3M€ in first-half 2023 compared with first-half 2022. Net loss reduced by more than 50%: from 2M€ at June 30, 2022 to 0.9M€ at June 30, 2023. Continuation of strategy focused on the turn around...

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Chemung Financial Corporation Reports Third Quarter 2023 Net Income of $7.6 million, or $1.61 per Share

ELMIRA, N.Y., Oct. 24, 2023 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $7.6 million, or $1.61 per share, for the third quarter of 2023, compared to $6.5 million, or $1.37 per share, for the third quarter of 2022, and $6.3 million, or $1.33 per share, for the second quarter of 2023. “The Company again demonstrated solid financial performance in the third quarter,” said Anders M. Tomson, President and CEO of Chemung Financial Corporation.” As evidenced by our loan growth, we are continuing to support our customers while competitors in the marketplace have reduced their lending activities. This customer focused approach has served us well throughout our 190-year legacy,” added Tomson. Third Quarter...

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Maxim Power Corp. Successfully Completes Commissioning of the CCGT Expansion of M2

CALGARY, Alberta, Oct. 24, 2023 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) is pleased to announce that it has successfully commissioned the Combined Cycle Gas Turbine (“CCGT”) expansion of its natural gas-fired power plant (“M2”) located near Grande Cache, Alberta. Construction of the heat recovery technology required to expand M2 into a CCGT facility commenced in 2021 and the project was originally expected to commission in the fourth quarter of 2022. Commissioning was delayed due to the non-injury fire on September 30, 2022, which caused damage to M2’s air inlet filter house. Repairs commenced shortly after and completed in August of 2023 to allow for the recommencement of commissioning activities. M2 began generating intermittent electricity to the grid on August 14,...

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Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy, filed a settlement agreement for approval by the Wyoming Public Service Commission for its application for new rates to recover over $140 million of investments since 2019 in its more than 6,400-mile natural gas system. “These critical investments support the long-standing expectations from our customers and communities for reliable, safe and resilient natural gas service, particularly during extreme weather, like Wyoming has experienced the last two winters,” said Linn Evans, president and CEO of Black Hills Corp. “These investments are also needed to meet the growing needs of our Wyoming communities.” The settlement agreement is...

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The Herzfeld Caribbean Basin Fund, Inc. Updates Important Dates for Rights Offering

MIAMI BEACH, Fla., Oct. 24, 2023 (GLOBE NEWSWIRE) — The Herzfeld Caribbean Basin Fund, Inc. (NASDAQ: CUBA) (the “Fund”) announced initial terms of its Non-Transferable Rights Offering (the “Rights Offering”) on August 29, 2023 together with information about the Fund’s Self-Tender Policy. This press release updates important dates for the Rights Offering that were previously announced on October 20, 2023. The Record Date for the Rights Offering will now be November 3, 2023. Pursuant to the Rights Offering, the Fund will distribute to Record Date stockholders one non-transferable right (“Right(s)”) for each share of the Fund held on the Record Date. Rights Offering Rights holders may purchase one share of the Fund’s common stock for every one Right held. Rights may be exercised at any time during the subscription period. The subscription...

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SAFEGUARD SCIENTIFICS TO RELEASE THIRD QUARTER 2023 FINANCIAL RESULTS ON THURSDAY, November 2nd

Conference Call and Webcast Scheduled for Thursday, November 2nd at 5:00 pm ET Radnor, Pa, Oct. 24, 2023 (GLOBE NEWSWIRE) —  Safeguard Scientifics, Inc. (NASDAQ:SFE) will release its financial results for the third quarter ended September 30, 2023 after the market close on Thursday, November 2, 2023. CONFERENCE CALL AND WEBCAST DETAILS Please call 10-15 minutes prior to the call to register. Date:   Thursday, November 2, 2023 Time:   5:00 pm ET Live Number: 877-407-0989 Webcast link: https://www.webcast-eqs.com/register/safeguard110223/en Speakers:   Chief Executive Officer, Eric C. Salzman; and Senior Vice President and Chief Financial Officer, Mark A. Herndon Format:   Discussion of the third quarter of 2023 financial results followed by Q&A The replay will also be available at the webcast link above. For more information,...

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Gran Tierra Energy Inc. Provides Release Date for its 2023 Third Quarter Results and Details of Conference Call and Webcast

CALGARY, Alberta, Oct. 24, 2023 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) announces that the Company will release its 2023 third quarter financial and operating results on Tuesday, October 31, 2023, after market close. Gran Tierra will host its 2023 third quarter results conference call on Wednesday, November 1, 2023, at 9:00 a.m. Mountain Time, 11:00 a.m. Eastern Time. Interested parties may register for the conference call by clicking on this link. Please note that there is no longer a general dial-in number to participate and each individual party must register through the provided link. Once parties have registered, they will be provided a unique PIN and call-in details. There is also a feature that allows parties to elect to be called back through the...

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Amedisys Reports Third Quarter 2023 Financial Results

BATON ROUGE, La., Oct. 24, 2023 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three and nine-month periods ended September 30, 2023. Three-Month Periods Ended September 30, 2023 and 2022 Net service revenue decreased $1.8 million to $556.2 million compared to $558.0 million in 2022. Prior year included $16.6 million of net service revenue from our personal care business which was divested on March 31, 2023. Net income attributable to Amedisys, Inc. of $26.0 million compared to $25.6 million in 2022. Net income attributable to Amedisys, Inc. per diluted share of $0.79 compared to $0.79 in 2022. Adjusted Quarterly Results* Adjusted EBITDA of $57.9 million compared to $61.5 million in 2022. Adjusted net service revenue of $556.2 million compared to $558.9 million in 2022. Prior...

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AVANTE CORP. ANNOUNCES ELECTION OF DIRECTORS AND RESULTS OF 2023 ANNUAL GENERAL AND SPECIAL MEETING

Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Oct. 24, 2023 (GLOBE NEWSWIRE) — Avante Corp. (TSX.V: XX) (“Avante” or the “Company”) is pleased to announce that the nominees set forth in the Company’s management information circular dated August 28, 2023 (the “Circular”), being Daniel Argiros, Wade Burton, Robert Klopot, Emmanuel Mounouchos and Bruce Bronfman, were elected as directors of the Company at the annual general and special meeting of shareholders held today (the “Meeting”). Each of the directors elected at the Meeting will hold office until the next annual general meeting of the Company or until their earlier resignation or removal. At the Meeting, shareholders also approved the re-appointment of RSM Canada LLP as the auditor of the Company for the 2023 fiscal...

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