Day: October 16, 2024

Cullinan Therapeutics Receives U.S. FDA Clearance of Investigational New Drug Application for CLN-978 Administered Subcutaneously in Patients with Moderate to Severe Systemic Lupus Erythematosus

Written by Customer Service on October 16, 2024. Posted in Public Companies.

CLN-978 is the first development stage CD19 T cell engager to receive U.S. FDA IND clearance in autoimmune diseases CAMBRIDGE, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) — Cullinan Therapeutics, Inc. (Nasdaq: CGEM), a biopharmaceutical company focused on developing modality-agnostic targeted therapies, today announced that the U.S. Food and Drug Administration (FDA) cleared the Company’s Investigational New Drug (IND) Application for CLN-978 and its global Phase 1 clinical trial may proceed in the U.S. to assess CLN-978 in patients with moderate to severe systemic lupus erythematosus (SLE). The trial will enroll patients with a Systemic Lupus Erythematosus Disease Activity Index (SLEDAI) score of eight or greater and who have had an inadequate response to at least two treatments, including one immunosuppressive or biologic standard-of-care...

Barrick Reports Q3 Preliminary Production Results With Continued Improvement at Pueblo Viejo

Written by Customer Service on October 16, 2024. Posted in Earnings Releases And Operating Results.

All amounts expressed in US dollars TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today reported preliminary Q3 production of 943 thousand ounces of gold and 48 thousand tonnes of copper, as well as preliminary Q3 sales of 967 thousand ounces of gold and 42 thousand tonnes of copper. The Company continues to expect a materially stronger Q4 to deliver 2024 production within the range of its full year gold and copper guidance. The average market price for gold in Q3 was $2,474 per ounce while the average market price for copper in Q3 was $4.18 per pound. Preliminary Q3 gold production was in line with Q2. Pueblo Viejo delivered a 23% sequential improvement on continued plant optimization, whilst North Mara had a stronger quarter driven by higher grades. At Carlin,...

Mesa Air Group Reports Third Quarter Fiscal 2024 Results

Written by Customer Service on October 16, 2024. Posted in Earnings Releases And Operating Results.

PHOENIX, Oct. 16, 2024 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported third quarter fiscal 2024 financial and operating results. Third Quarter Fiscal 2024 Update:Total operating revenues of $110.8 million, United Express contract revenue 8.0% higher year-over-year Pre-tax loss of $20.7 million, net loss of $19.9 million, or $(0.48) per diluted share Adjusted net loss1 of $9.4 million2, or $(0.23) per diluted share Adjusted EBITDAR1 of $10.6 million Operated at a 99.94% controllable completion factor3United CPA and Fleet Update:Extended increased block-hour rate on E-175 flying in current United CPA through August 31, 2025 At United’s request, agreed to accelerate transition of fleet to all E-175s by March 1, 2025 United to reimburse costs up to $14 million associated with transition United...

Gilat Satellite Networks to Present at the 17th Annual LD Micro Invitational Conference

Written by Customer Service on October 16, 2024. Posted in Public Companies.

Presentation will take place on Wednesday, October 30th at 8 am PT PETAH TIKVA, Israel, Oct. 16, 2024 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (NASDAQ, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that it will be presenting at the 17th annual LD Micro Invitational on Wednesday, October 30, at 8 am PT at the Luxe Sunset Boulevard Hotel in Los Angeles. Gil Benyamini, Chief Financial Officer, will be giving the Gilat presentation. In addition, Mr. Benyamini, Gilat’s CFO and Ms. Mayrav Sher (Head of Finance & IR) will be available for one-on-one meetings with investors throughout the conference days. To schedule a meeting please contact an LD Micro representative or email a request to the Gilat investor relations team at Mayravs@gilat.com. We invite interested...

Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis

Written by Customer Service on October 16, 2024. Posted in Public Companies.

In H1 2024, 5.7% of all attempted digital transactions originating from Canada were suspected to be Digital Fraud; more than half (54%) of Canadians said they were recently targeted by fraud attempts. Canadian business leaders said their companies lost approximately 6% of their equivalent revenue – representing $78 billion – over the past year due to fraud. TORONTO, Oct. 16, 2024 (GLOBE NEWSWIRE) — In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital...

Parsons Awarded $25M Contracts for Middle East Transportation Projects

Written by Customer Service on October 16, 2024. Posted in Public Companies.

CHANTILLY, Va., Oct. 16, 2024 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE:PSN) announced today that the company has been awarded two contracts worth $25 million to perform design engineering for a Middle East transportation customer. With the same customer, Parsons has won more than $90 million in contract awards over the last 9 months. Under these contracts, Parsons will lead the design engineering and construction supervision of transportation infrastructure enhancements. The scope includes the development of mobility solutions and their dedicated corridors, roadway capacity upgrades, and public transit initiatives on critical streets to improve urban mobility and reduce congestion. Parsons will also conduct a strategic study to assess a new corridor to alleviate traffic and optimize expressway traffic. Finally, Parsons will...

Medallion Financial Corp. to Report 2024 Third Quarter Results on Tuesday, October 29, 2024

Written by Customer Service on October 16, 2024. Posted in Public Companies.

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN, the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, as well as loan products and services offered through fintech strategic partners, announced today that it will report its results for the quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss the financial results will be held the next morning, October 30, 2024. How to ParticipateDate: Wednesday, October 30, 2024 Time: 9:00 a.m. Eastern time U.S. dial-in number: (833) 816-1412 International dial-in number: (412) 317-0504 Live webcast: Link to Webcast of 3Q24 Earnings CallA link to the live audio webcast of the conference...

LanzaTech Awarded $3 Million from U.S. Department of Energy to Advance Conversion of Waste CO2 into Valuable Chemicals

Written by Customer Service on October 16, 2024. Posted in Public Companies.

Project uses waste CO2 as a feedstock to produce sustainable isopropanol, a common alcohol found in everyday products CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) — LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, has been awarded $3 million by the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), as part of a broader $29 million investment program to advance its carbon management priorities. LanzaTech’s Project ADAPT (“Accelerating Decarbonization via Advanced Production Technologies”) was selected to address FECM’s priority of converting carbon dioxide (CO2) into environmentally responsible and economically valuable products. LanzaTech’s Project ADAPT builds upon...

Immuron CEO, Steven Lydeamore participation in Maxim Virtual Healthcare Conference

Written by Customer Service on October 16, 2024. Posted in Public Companies.

MELBOURNE, Australia, Oct. 16, 2024 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN) is pleased to advise our Chief Executive Officer, Steven Lydeamore will be participating in a fireside chat at the Maxim Virtual Healthcare Conference on Wednesday, 16th October 2024 (4.30pm U.S. Eastern time). A copy of the presentation covering information being discussed is available on the Company’s website. https://www.immuron.com.au/corporate-presentations/ This release has been authorised by the directors of Immuron Limited.COMPANY CONTACT: Steven LydeamoreChief Executive Officersteve@immuron.comAbout ImmuronImmuron Limited (ASX: IMC, NASDAQ: IMRN), is an Australian biopharmaceutical company focused on developing and commercializing orally delivered targeted polyclonal antibodies for the treatment of infectious diseases. About...

Verisk Estimates Industry Insured Losses for Hurricane Milton Will Range Between USD 30 Billion to USD 50 Billion

Written by Customer Service on October 16, 2024. Posted in Public Companies.

BOSTON, Oct. 16, 2024 (GLOBE NEWSWIRE) — The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses to onshore property for Hurricane Milton will fall between USD 30 billion and USD 50 billion. This estimate includes losses due to wind, privately insured estimates of storm surge, and privately insured precipitation induced flood losses resulting from Milton’s landfall in Florida. The majority of the insured loss is attributable to wind. Meteorological History of Milton Milton became a hurricane on October 6 and continued to steadily strengthen through the overnight hours, becoming a Category 2 hurricane, while moving generally eastward at a slightly faster pace. This strengthening overnight and into October 7 marked the beginning...

Day: October 16, 2024

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