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Day: June 7, 2024

Barrick and Zijin Contribute $1 Million to Support Papua New Guinea Landslide Victims

PORT MORESBY, Papua New Guinea, June 07, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and JV partner Zijin Mining Group announced today that they would jointly contribute US$1 million (Kina 3.8 million) to help communities in Papua New Guinea’s Enga province in the wake of a landslide in Mulitaka that has claimed an estimated 600 lives. A team of senior Barrick executives has spent the week in PNG visiting the disaster site and working with the provincial and national governments as well as officials from the United Nations, the Asian Development Bank, Australia, New Zealand and the United States to coordinate relief and recovery activities. In addition to monetary and in-kind contributions, the Barrick-operated Porgera gold mine is supporting the Enga Provincial Government with manpower at the disaster...

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Y-mAbs Announces Preclinical GD2-SADA Data to be Presented at 2024 SNMMI Annual Meeting

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) — Y-mAbs Therapeutics, Inc. (the “Company” or “Y-mAbs”) (Nasdaq: YMAB), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel radioimmunotherapy and antibody-based therapeutic products for the treatment of cancer, today announced that preclinical GD2-SADA data will be presented at the Society of Nuclear Medicine & Molecular Imaging (SNMMI) 2024 Annual Meeting taking place June 8 – 11, 2024, in Toronto, Canada. The poster titled “High-affinity and specific binding between DOTA-chelated lanthanides and GD2-SADA, a self-assembling and disassembling bispecific fusion protein for pre-targeted” (poster #241436) characterizes the binding properties of GD2-SADA, a Self-Assembling and DisAssembling (“SADA”) bispecific fusion protein used in a...

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Sezzle Announces Resignation of Paul Purcell from its Board of Directors and Postpones Annual Meeting of Stockholders

Minneapolis, MN, June 07, 2024 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Sezzle today announced that Paul Purcell resigned from its Board of Directors on June 6, 2024, and declined to stand for reelection at the 2024 Annual Meeting of Stockholders. Mr. Purcell served on Sezzle’s Board for 5 years (since April 2019) and was most recently a member of the Company’s Audit and Risk Committee, Compensation Committee, and Nominating and Corporate Governance Committee. “On behalf of our Board and Sezzle’s management team, we thank Paul for his service and longstanding commitment to the Company,” stated Charlie Youakim, Sezzle Chairman and CEO. “We greatly appreciate the leadership, insight, and expertise that Paul has provided over the past 5 years, as Sezzle has grown during his tenure from being a private company...

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Brown & Brown, Inc. acquires the assets of McNamara Company

DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses, families and individuals. The McNamara team will join the Brown & Brown office in Phoenix and report to Scott Jones, the leader of the Phoenix team. John Esposito, senior vice president – Retail segment, stated, “We are thrilled that Pat, Aleshia and the McNamara team are joining Brown & Brown. The team brings...

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GameStop Discloses First Quarter 2024 Results

GRAPEVINE, Texas, June 07, 2024 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the first quarter ended May 4, 2024. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. FIRST QUARTER OVERVIEWNet sales were $0.882 billion for the first quarter, compared to $1.237 billion in the prior year’s first quarter. Selling, general and administrative (“SG&A”) expenses were $295.1 million, or 33.5% of net sales for the first quarter, compared to $345.7 million, or 27.9% of net sales, in the prior year’s first quarter. Net loss was $32.3 million for the first quarter, compared to a net loss of $50.5 million for the prior year’s first quarter. Cash, cash equivalents and marketable securities were...

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Huize Partners with PICC P&C to Launch “WarmTreasure No.3” – A Customized Child Outpatient and Emergency Insurance Product

SHENZHEN, China, June 07, 2024 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced that it has partnered with PICC Property and Casualty Company Limited (“PICC P&C”) to launch “WarmTreasure No.3,” a customized child outpatient and emergency insurance product in the “WarmTreasure” series. With optimized reimbursement, expanded coverage and additional benefits, the upgraded version delivers enhanced cost-effectiveness and product value to families with children. “WarmTreasure No.3” is distinguished by four key features: i) expandable reimbursement for self-paid drugs and reimbursement of up to 100% for...

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KH Group Inside information: KH Group divests HTJ and updates guidance for 2024

KH Group PlcInside information 7.6.2024 at 12:00 pm EEST Inside information: KH Group divests HTJ and updates guidance for 2024 KH Group Plc, together with the other shareholders of HTJ Holding Oy (“HTJ”), has today signed an agreement on the sale of shares to the XPartners Group company XPartners Finland Holding Oy. The completion of the transaction requires the approval of the Finnish competition authorities. The divestment of HTJ is an important step towards KH Group’s objective to become an industrial group built around the business of the earth-moving machinery supplier KH-Koneet. The debt-free purchase price of the share transaction is EUR 23.0 million. KH Group’s holding in HTJ is 91.7%, and its share of the purchase price after the deduction of net debt and transaction costs is an estimated EUR 13.2 million....

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Zealand Pharma announces that Boehringer Ingelheim’s survodutide demonstrates breakthrough improvement in liver fibrosis with no worsening of MASH in 64.5% of patients with F2 and F3 fibrosis

Company announcement – No. 30 / 2024 Zealand Pharma announces that Boehringer Ingelheim’s survodutide demonstrates breakthrough improvement in liver fibrosis with no worsening of MASH in 64.5% of patients with F2 and F3 fibrosisNews builds on previously announced primary endpoint, which showed up to 83.0% of adults achieved statistically significant improvement in metabolic dysfunction-associated steatohepatitis (MASH) versus placebo (18.2%). New data on the secondary endpoint shows up to 52.3% of adults with fibrosis stages F1, F2 and F3 had improvement in fibrosis due to MASH. Additional sub-analysis shows up to 64.5% of adults with fibrosis stages F2 and F3 (moderate to advanced scarring) achieved an improvement in fibrosis without worsening of MASH. Survodutide to advance into Phase 3 MASH study; results reinforce its potential...

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The Japanese company COLOPL takes a strategic stake of 12.5% in the capital of CBI for 12.5 million euros and entrusts it with exclusive rights to operate the Web 3.0 game Brilliantcrypto

The Japanese company COLOPL takes a strategic stake of 12.5% in the capital of CBI for 12.5 million euros and entrusts it with exclusive rights to operate the Web 3.0 game BrilliantcryptoCOLOPL is a Japanese video game publisher with over 1,200 employees as a group, listed on the Prime Section of the Tokyo Stock Exchange with a market capitalization of over 400 million euros, and notably developed the Web 3.0 game BrilliantcryptoCOLOPL and its subsidiary Brilliantcrypto, Inc. have decided to leverage CBI’s expertise and entrust it with the exclusive publishing and distribution rights of the game Brilliantcrypto in Europe and South America. In May 2024, in its Initial Exchange Offering, the game’s BRIL Token achieved the token sale goal of approximately 9.5 million dollars within 13 minutes solely in Japan. The company is also...

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Renewi joins FTSE 250

07 June 2024 Renewi plc Renewi joins FTSE 250 Renewi plc (“Renewi” or the “Group”) (LSE: RWI.L: Euronext Amsterdam: RWI.AS), a leading European waste-to-product company, is pleased to confirm that it has joined the FTSE 250, to be implemented after the market close on Friday 21 June 2024 and to take effect from the start of trading on Monday 24 June 2024. Renewi’s inclusion is testament to the progress delivered on its strategy, notably the successful portfolio optimisation evidenced by the recent sale of UK Municipal and turnaround of Mineralz & Water, the efficiency, cost and cash improvements driven by its Simplify and Future Fit programmes and the recent reinstatement of progressive dividends. Otto de Bont, CEO of Renewi said “We are pleased to join the FTSE 250. This achievement is a recognition...

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