Midcap

Syntax Advisors Appoints Carly Arison President and Chief Operating Officer

Retrieved on: 
Friday, December 17, 2021

Syntax Advisors LLC, an ETF sponsor and investment advisor (NYSE Arca: SSPY , SMDY , SSLY , SYUS , SHUS ), announced today the appointment of Carly Arison to serve as President and Chief Operating Officer.

Key Points: 
  • Syntax Advisors LLC, an ETF sponsor and investment advisor (NYSE Arca: SSPY , SMDY , SSLY , SYUS , SHUS ), announced today the appointment of Carly Arison to serve as President and Chief Operating Officer.
  • Syntax Advisors LLC provides investors with rules-based, diversified exposure to business risks via products that track Syntax Stratified Weight Indices.
  • Syntax Advisors has five ETFs currently available: Syntax Stratified LargeCap ETF (SSPY) , Syntax Stratified MidCap ETF (SMDY) , Syntax Stratified SmallCap ETF (SSLY) , Syntax Stratified U.S. Total Market ETF (SYUS) , and Syntax Stratified U.S. Total Market Hedged ETF (SHUS) .
  • Foreside Fund Services, LLC is the distributor of the Syntax ETF Trust, and not affiliated with Syntax Advisors, LLC.

FNB Receives "Outstanding" Community Reinvestment Act Rating

Retrieved on: 
Thursday, December 16, 2021

Corporation (NYSE: FNB) announced that its banking subsidiary, First National Bank of Pennsylvania, received an Outstanding rating from the Office of the Comptroller of the Currency (OCC) on its Community Reinvestment Act (CRA) performance evaluation for 2018-2020.

Key Points: 
  • Corporation (NYSE: FNB) announced that its banking subsidiary, First National Bank of Pennsylvania, received an Outstanding rating from the Office of the Comptroller of the Currency (OCC) on its Community Reinvestment Act (CRA) performance evaluation for 2018-2020.
  • FNB is one of fewer than 10 percent of banks to receive the highest possible CRA rating.
  • "We are proud that FNB's most recent CRA rating acknowledges our commitment to improve the quality of life throughout our service area," said Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B.
  • Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B.

Exicure, Inc. Announces Results of Internal Investigation and Implementation of Strategic Measures to Reduce Cash Burn and Prioritize Pipeline Focus

Retrieved on: 
Friday, December 10, 2021

Exicure, Inc. (NASDAQ: XCUR) announced the results of its previously disclosed independent internal investigation and a number of strategic actions aimed to reduce cash spend and prioritize the Companys therapeutic pipeline.

Key Points: 
  • Exicure, Inc. (NASDAQ: XCUR) announced the results of its previously disclosed independent internal investigation and a number of strategic actions aimed to reduce cash spend and prioritize the Companys therapeutic pipeline.
  • The results of the investigation are summarized below.
  • Dr. David Giljohann, the Companys former Chief Executive Officer, has resigned from the Board and will serve as Chief Technology Officer through January 31, 2022.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended.

FNB Receives Bank On Certification for eStyle Checking Account

Retrieved on: 
Monday, November 15, 2021

Corporation (NYSE: FNB) announced that its eStyle no-overdraft checking account has received national Bank On certification from the Cities for Financial Empowerment Fund (CFE Fund) for its affordability, high functionality and focus on consumer safety.

Key Points: 
  • Corporation (NYSE: FNB) announced that its eStyle no-overdraft checking account has received national Bank On certification from the Cities for Financial Empowerment Fund (CFE Fund) for its affordability, high functionality and focus on consumer safety.
  • "We are proud to receive Bank On certification for our eStyle Account as we deliver an experience that inspires confidence and puts more families in our communities in a position to thrive."
  • FNB launched its eStyle Account to provide a low-cost account that enables customers to avoid overdrafts completely while providing full access to FNB's proven banking services.
  • "The Cities for Financial Empowerment Fund is delighted to award FNB with national Bank On account certification for its eStyle no-overdraft checking account," said Jonathan Mintz, President and Chief Executive Officer of the Cities for Financial Empowerment Fund.

MannKind Corporation Reports 2021 Third Quarter Financial Results

Retrieved on: 
Tuesday, November 9, 2021

WESTLAKE VILLAGE, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) -- MannKind Corporation (Nasdaq: MNKD) today reported financial results for the quarter and nine months ended September 30, 2021.

Key Points: 
  • Research and development (R&D) expenses for the third quarter of 2021 were $3.7 million compared to $1.5 million for the third quarter of 2020.
  • Selling, general and administrative (SG&A) expenses for the third quarter of 2021 were $17.2 million compared to $13.9 million for the third quarter of 2020, an increase of $3.3 million, or 24%.
  • Interest expense on debt for the third quarter of 2021 was $2.8 million compared to $2.4 million for the third quarter of 2020.
  • We believe that these non-GAAP financial measures, when considered together with our GAAP financial results, provide management and investors with an additional understanding of our business operating results, including underlying trends.

Coherent, Inc. Reports Fourth Fiscal Quarter and Year-End Results

Retrieved on: 
Tuesday, November 9, 2021

The forward-looking statements are made pursuant to the safe harbor provisions of the U.S.

Key Points: 
  • The forward-looking statements are made pursuant to the safe harbor provisions of the U.S.
  • 333-255547) filed with the U.S. Securities and Exchange Commission (the "SEC"), and thereafter amended, in connection with the proposed transaction (the "Form S-4").
  • This press release does not constitute an offer to buy or solicitation of an offer to sell any securities.
  • For more information about Coherent, visit the company's website at www.coherent.com for product and financial updates.

FNB Unveils Mobile eStore

Retrieved on: 
Tuesday, November 9, 2021

Corporation (NYSE: FNB) announced it has integrated its eStore shopping tool into the FNB Direct mobile app as part of a series of innovative enhancements that build on customers' ability to bank digitally.

Key Points: 
  • Corporation (NYSE: FNB) announced it has integrated its eStore shopping tool into the FNB Direct mobile app as part of a series of innovative enhancements that build on customers' ability to bank digitally.
  • FNB has enhanced its proprietary Solutions Centers with the transition to the eStore.
  • Now available in the FNB Direct mobile app and on fnb-online.com, the eStore also will be made available at interactive kiosks in First National Bank branches in 2022.
  • In addition to integrating the eStore, FNB has redesigned FNB Direct to be even more user-friendly.

Bird and Switchback II Announce Closing of Business Combination

Retrieved on: 
Friday, November 5, 2021

LOS ANGELES and DALLAS, Nov. 5, 2021 /PRNewswire/ -- Bird Rides, Inc. ("Bird" or the "Company"), a leader in environmentally friendly electric transportation, today announced that it has completed its business combination with Switchback II Corporation (NYSE: SWBK; "Switchback II"), a publicly traded special purpose acquisition company.

Key Points: 
  • LOS ANGELES and DALLAS, Nov. 5, 2021 /PRNewswire/ -- Bird Rides, Inc. ("Bird" or the "Company"), a leader in environmentally friendly electric transportation, today announced that it has completed its business combination with Switchback II Corporation (NYSE: SWBK; "Switchback II"), a publicly traded special purpose acquisition company.
  • In connection with the closing of the business combination, the combined company, Bird Global, Inc. (NYSE: BRDS; "Bird Global"), received approximately $414 million in incremental liquidity through a combination of Switchback II cash in trust, the proceeds of the previously announced private placement, and availability under Bird's credit facility with Apollo Investment Corporation and MidCap Financial Trust, in each case before payment of fees and expenses related to the business combination.
  • The business combination was approved on November 2, 2021 by Switchback II's shareholders at the extraordinary general meeting.
  • With the support of Switchback II and proceeds from this transaction, we are well positioned for continued growth and expansion of our mission."

Exelixis to Webcast Fireside Chats as Part of Virtual Investor Conferences in November and December

Retrieved on: 
Wednesday, November 3, 2021

ET / 9:10 a.m. PT on Monday, November 8.

Key Points: 
  • ET / 9:10 a.m. PT on Monday, November 8.
    Credit Suisse 30th Annual Virtual Healthcare Conference: Exelixis is scheduled to present at 1:50 p.m.
  • Piper Sandler 33rd Annual Virtual Healthcare Conference: Exelixis presentation session will be available to view on-demand beginning 10:00 a.m.
  • Evercore ISI 4th Annual HealthConX Virtual Conference: Exelixis is scheduled to present at 11:45am ET / 8:45am PT on Wednesday, December 1.
  • For more information about Exelixis, please visit www.exelixis.com , follow @ExelixisInc on Twitter or like Exelixis, Inc. on Facebook.

Exelixis Announces Third Quarter 2021 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, November 2, 2021

Exelixis earned $27.1 million in royalty revenues during the quarter ended September 30, 2021, pursuant to collaboration agreements with our partners, Ipsen and Takeda.

Key Points: 
  • Exelixis earned $27.1 million in royalty revenues during the quarter ended September 30, 2021, pursuant to collaboration agreements with our partners, Ipsen and Takeda.
  • Upon the first commercial sale of the combination in Japan, Exelixis received a milestone payment of $20.0 million from Takeda in the third quarter of 2021.
  • Exelixis management will discuss the companys financial results for the third quarter of 2021 and provide a general business update during a conference call beginning at 5:00 p.m. EDT / 2:00 p.m. PDT today, Tuesday, November 2, 2021.
  • Exelixis, the Exelixis logo, CABOMETYX, COMETRIQ and COTELLIC are registered trademarks of Exelixis, Inc.
    MINNEBRO is a registered trademark of Daiichi Sankyo Company, Limited.