HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the second quarter ended June 30, 2020. Highlights include:Reported second quarter revenues of $114.7 million, net income of $6.1 million and operating cash flow of $24.5 million;Delivered second quarter Adjusted EBITDA of $28.1 million and free cash flow of $25.1 million; and
Highlights Primary and secondary endpoints met in the Phase 2a study of DMX-200 in FSGS patientsDMX-200 was found to be generally safe and well-tolerated in FSGS patients86% of patients demonstrated a reduction of proteinuria with DMX-200 versus placeboA 29% reduction in proteinuria was observed across all patients receiving DMX-200 compared to placebo29% of patients achieved a &>40% reduction in proteinuria on DMX-200 compared to placebo
Solid long-term investment performance, with 62% and 68% of assets under management (‘AUM’) outperforming relevant benchmarks on a three- and five-year basis, respectively, as at 30 June 2020AUM of US$336.7 billion was up 14% compared to the prior quarter, reflecting an improvement in global markets partially offset by net outflows of US$(8.2) billionCompleted US$22 million of share buybacks during the second quarter
AUCKLAND, New Zealand & CHICAGO--(BUSINESS WIRE)--Laybuy, a global leader in 'Buy Now, Pay Later' (BNPL) technology, announced today that it has secured a £80 million debt facility from Victory Park Capital (“VPC”), a leading global alternative investment firm. With plans for continued international expansion, the funding from VPC will fuel Laybuy’s growth in the UK. “Laybuy has grown exponentially since we launched three years ago and we would not be able to continue to scale without our investors’ support and confidence in our vision,” said Gary Rohloff, co-founder and CEO of Laybuy. “In addition to increasing our customer base in our established geographies and sectors, our expansion in the UK is a critical component of our growth strategy and VPC’s backing will enable us to strengthen our position in the market.”
Company continues to prepare its lead product candidate, PRP, for a Phase IB, First-In-Human study, in advanced cancer patients suffering from solid tumorsMELBOURNE, Australia--(BUSINESS WIRE)--Propanc Biopharma, Inc. (OTC: PPCB) (“Propanc” or the “Company”), a biopharmaceutical company developing new cancer treatments for patients suffering from recurring and metastatic cancer, announced today that the company received an additional investment tranche from a lead institutional investor to support company operations and working capital needs. To date, a, total of $550,000 has been funded by the institutional investor of a $3,000,000 financing agreement, as the company prepares its lead product candidate, PRP, for a Phase IB, First-In-Human study, in advanced cancer patients suffering from solid tumors.
Thought Machine targets international expansion, product development and APAC market with fresh injection of capitalRound closed with additional $42m in series B funding from Eurazeo Growth, British Patient Capital and SEBLONDON & SINGAPORE--(BUSINESS WIRE)--Thought Machine, the cloud native core banking technology firm, with its APAC headquarters in Singapore, today marks its entrance into the Asia Pacific market by announcing the signing of an additional $42m in funding for its series B round. This round extension will close in early August and is led by Eurazeo Growth, with British Patient Capital and SEB also coming in as new investors.
Companies team to deliver ecosystem integration solutions for supply chain-driven businessesROCKFORD, Ill. & SYDNEY--(BUSINESS WIRE)--#ApplicationIntegration--Cleo, the Rockford-based global leader in ecosystem integration solutions, and Ajna Consulting, a Sydney-based business focused on digital transformation services, today announced a new partnership that will help companies in supply chain-dependent industries in Australia optimise their business operations through deployment of Cleo Integration Cloud
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has disclosed the maiden Inferred Mineral Resource at the 100% owned Winu copper-gold project and revealed the discovery of a new zone of gold dominant mineralisation approximately 2 km east of the Winu deposit in the Paterson Province of Western Australia. The Inferred Mineral Resource, reported at a 0.2% copper equivalent cutoff, is 503Mt at 0.45% copper equivalent (CuEq). This includes a higher grade component of 188Mt at 0.68% CuEq at a cutoff grade of 0.45% CuEq.
NEW YORK & SAN FRANCISCO & SYDNEY--(BUSINESS WIRE)--XCHG, the global marketplace for Intelligent Commodities™, today announced the launch of XSignals, a component of the company’s multi-sided platform that offers unprecedented clarity in the pricing and analysis of digital, ESG-inclusive commodities (d-ESGc). These price signals—reported directly from open market activity—become benchmarks that enable vital ESG factors to be calculated into global trade.
CENTENNIAL, Colo.--(BUSINESS WIRE)--$WWR--Westwater Resources, Inc. (Nasdaq: WWR), an explorer and developer of US-based mineral resources essential to clean energy production, today announced it will be presenting at the SNN Network Virtual Investor Conference on Wednesday, August 5, 2020 at 11:30 AM EDT. Christopher Jones, President and CEO of Westwater Resources, Inc. will be hosting the presentation and answering questions from investors.
HAWTHORNE, Calif..--(BUSINESS WIRE)--OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division was awarded a contract from the Commonwealth Government of Australia represented through the Department of Agriculture, Water and the Environment (“DAWE”) for approximately $5 million for the supply of Rapiscan® RTT®110 hold baggage screening systems and the development and delivery of software algorithms for the automated detection of biosecurity risk items.
Approximately $335 million of expected after-tax proceeds from the divestitures enabling us to reduce debt and repurchase shares, which could generate double digit accretion to 2021 ENI per share, while also allowing us to further support affiliate growth by seeding new strategiesImproved organic growth profile as pro forma business has historically generated positive net flowsValuation received underscores high intrinsic value of the company’s businesses relative to the company’s current trading levels
Synchron's Stentrode is a fully-implantable brain-computer interface being designed to enable people with paralysis to restore functional independence by engaging in activities of daily livingSAN FRANCISCO & NEW YORK CITY & MELBOURNE, Australia--(BUSINESS WIRE)--Synchron Inc., a neurovascular bioelectronic medicine company, today announced that the Company has been awarded nearly AUD$1M ($990,000)
Adds Strategic Analysis and Forecasting Capabilities to its Advisory and Benchmarking Services Portfolio DALLAS--(BUSINESS WIRE)--HSB Solomon Associates LLC (Solomon), a leading performance improvement company for the global energy industry, today announced the acquisition of EnSys Energy’s (EnSys’) World Oil Refining Logistics and Demand (WORLD) Model® and databases. Solomon also acquired EnSys’ North American Logistics Review and Crude Flows Services, and will continue to offer these solutions to clients.
KARLSRUHE, Germany--(BUSINESS WIRE)--joimax®, the German-based market leader in technologies and training methods for full-endoscopic and minimally invasive spinal surgery, is pleased to announce a new partnership with Australian medical device distributor, LifeHealthcare. The two companies have entered into a long-term relationship to provide a broader surgical choice for patients considering spinal surgery.
ATLANTA--(BUSINESS WIRE)--Exasol, the analytics database, today announced a new strategic partnership with Minerra, a global analytics and data science consultancy, to help organizations maximize the value and reach of their data. Through this partnership, joint customers now have access to unrivaled analytics performance to turn business insights into value more efficiently and more cost-effectively than ever before.
SYDNEY--(BUSINESS WIRE)--#clinicaltrials--Noxopharm, a clinical-stage Australian oncology drug development company listed on the ASX (ASX:NOX), has claimed a breakthrough in the search for restoring immune function within “cold” microtumors, converting them to so-called “hot” tumors. The breakthrough stems from new preclinical data from two independent research groups. The data confirms that idronoxil, the active ingredient in the company’s immuno-oncology drug candidate, and sphingosine-1-phosphate inhibitor, Veyonda®, activate cancer-fighting immune cells and then enable their entry into microtumors.
CENTENNIAL, Colo.--(BUSINESS WIRE)--$WWR--Westwater Resources, Inc. (Nasdaq: WWR), an energy materials development company, will hold a conference call to discuss its financial results and recent developments for its second quarter ended June 30, 2020 on Thursday, August 6, 2020 at 12:00 p.m. Eastern Time (10:00 a.m. Mountain Time). Dial-in Numbers:+1 (800) 319-4610 (U.S. and Canada) +1 (604) 638-5340 (International) Conference ID: Westwater Resources Conference Call
The solutions extend Wipro’s BoundaryLess Enterprise – Universal Edge portfolio to offer real-time visibility and data insights for holistic infrastructure managementEAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--#5G--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it will launch its 5G edge services solutions suite. The solutions suite to be provided by Wipro is built with IBM TRIRIGA
Despite severe economic downturn, organizations expect increased technology budgets to support escalated digital transformation in today's new business normal SYDNEY--(BUSINESS WIRE)--CrowdStrike® Inc. (Nasdaq: CRWD), a leader in cloud-delivered endpoint protection, today announced the release of the 2020 CrowdStrike Asia Pacific and Japan (APJ) State of Cybersecurity Report, produced by independent research firm StollzNow
Fleets allows clients to share drivers across locations or even with other companiesFleets helps small companies operate independently of 3rd-party platformsNEW YORK--(BUSINESS WIRE)--$GSW #delivery--GetSwift Limited (ASX: GSW) (‘GetSwift’ or the ‘Company’), a leading provider of SaaS logistics technology, has released a major new feature called Fleets that will allow clients to share their drivers across locations or even with other companies to make deliveries more efficient.
TORONTO--(BUSINESS WIRE)--Roxgold Inc. (“Roxgold” or the “Company”) (TSX: ROXG) (OTCQX: ROGFF) is scheduled to release its financial results for the second quarter ended June 30, 2020 on Tuesday, August 11, 2020 after the North American markets close. The Company will host a conference call and live webcast on Wednesday, August 12, 2020 at 8:00 am ET to discuss its financial results and business outlook.
DALLAS--(BUSINESS WIRE)--On May 21st, Mary Kay Inc., an advocate for global women’s empowerment and entrepreneurship, joined the International Women's Forum (IWF) Virtual Conference, for a session titled “SAFE SETS: An online panel discussion with TIME’S UP UK.” The live session tackled the ever-present issue for women across the globe: sexual harassment and abuse in the workplace. TIME’S UP UK stressed the critical importance of changing the culture to ensure a safe workplace free from harassment and referred to the work being done to define safety for women in film through intimacy guidelines.
Underscores ABC Financial’s commitment to help club operators accelerate growth in the competitive fitness marketProvides ABC with the leading solution to capture, nurture and convert prospective members and to identify and manage opportunities for upsellLITTLE ROCK, Ark. & MELBOURNE, Australia--(BUSINESS WIRE)--ABC Financial, the leading provider of technology and related services for the fitness industry, announced today that it has acquired GymSales, a leading international provider of fitness sales management tools.
Ascention and ASG’s partnership offers organizations industry leading expertise and best-in-class technology needed to address data governance challengesNAPLES, Fla.--(BUSINESS WIRE)--ASG Technologies, a leading provider of solutions for the information-powered enterprise, today announced its partnership with Ascention, industry leading experts in designing, implementing and supporting solutions for data, analytics and tactical planning. Together, ASG and Ascention will provide customers with end-to-end guidance and solutions for data governance and data lineage.
NEW YORK & SYDNEY--(BUSINESS WIRE)--#IntelligentAutomation--Reveal Group, a global leader in Robotic Process Automation (RPA) and Intelligent Automation, today announced that it has been recognized as a UiPath Service Network (USN) partner - the first to have achieved such status across multiple geographies. To be recognised as an USN Partner, Reveal Group met UiPath’s rigorous requirements, demonstrating excellence in client support and delivery quality and achieving large-scale deployments of active software robots in production for leading organizations across USA, Canada, Australia, and New Zealand.
DALLAS--(BUSINESS WIRE)--Last year, Mary Kay Inc., an international leader in corporate and social responsibility, announced the company had partnered with The Nature Conservancy to protect Texas fisheries and the Gulf of Mexico. Today, Mary Kay is proud to announce they’ve expanded that partnership with The Nature Conservancy to impact waterways—and native species—the world over. “All life on Earth began in and depends on our oceans,” said Deborah Gibbins, Chief Operating Officer at Mary Kay. “Water is the most valuable resource on our planet, and it’s essential that we do our part to protect it. When we began scaling our partnership with The Nature Conservancy last year, we focused on the waterways surrounding our home state of Texas. But we’re a global company, and we knew the need for support stretched far beyond the Gulf of Mexico. We’re thrilled to advance ecosystems and biodiversity conservation globally.”
As global workforce adjusts to distributed work, Asana introduces new offering alongside survey findings that only 16% of companies are effective at setting and communicating goalsSAN FRANCISCO--(BUSINESS WIRE)--Asana, a leading work management platform for teams, today announced the release of Goals, a flexible goal-tracking system that bridges the gap between company strategy and work execution. Asana Goals provides organizational leaders with a single source of truth for setting, tracking, and managing their company goals to ensure teams are working on the company’s most important work, no matter where they’re located.
Increased regulations and enterprise reliance on vendor relationships lead more Australian companies toward innovative approaches for reducing third-party cyber riskMELBOURNE, Australia--(BUSINESS WIRE)--CyberGRX, provider of the world’s first and largest global risk exchange, is marking a year of significant progress since establishing its Australian presence. The company’s international expansion into the region last year, supported by many investors and partners, has allowed customers to mitigate the cyber risks that come as a result of sharing data and network access with essential third parties.
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SYDNEY--(BUSINESS WIRE)--Global investment firm KKR and leading Australian environmental markets platform GreenCollar (“the Company”) today announced that KKR has invested in GreenCollar to advance the Company’s mission to provide commercial solutions to climate change related challenges faced by governments, corporates and individuals. Terms of the transaction were not disclosed. Founded by James Schultz and Lewis Tyndall in 2011, GreenCollar is a natural resource project development and environmental markets platform. The Company specializes in using environmental markets, such as carbon markets, to enable landholders, especially farmers, to implement projects that generate revenue and reduce greenhouse gas emissions. GreenCollar works with landowners to identify and develop land-based carbon projects, such as forest protection and land restoration at scale. Once projects are operational, GreenCollar facilitates the sale of the resulting credits to private and public organizations seeking to manage their environmental impact.
