Investors will want to scoop up shares of this diversified drugmaker and coronavirus vaccine developer before it's too late.
Sensient Technologies Corporation (NYSE: SXT) has announced the publication of its 2020 Sustainability Report. For the first time, the Company’s report aligns with topics and metrics from the Sustainability Accounting Standards Board (SASB) disclosure for the Chemicals industry, and begins to address the recommendations and supporting disclosures of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD).
Shareholder rights law firm Robbins LLP announces that a class action complaint has been filed on behalf of purchasers of Velodyne Lidar, Inc. securities (NASDAQ: VLDR, VLDRW). The complaint alleges that the Company and its officers and directors violated the Securities Exchange Act of 1934 between November 9, 2020 and February 19, 2021. Velodyne was founded by David Hall and provides solutions to develop safe automated systems including real-time surround view lidar sensors.
Tesla has created a new website for its fans, one mainly designed to spur them to political action on its behalf.
The Law Offices of Frank R. Cruz Announces Investigation of Range Resources Corporation (RRC) on Behalf of Investors
HOUSTON, March 05, 2021 (GLOBE NEWSWIRE) -- ION Geophysical Corporation (NYSE: IO) announced today that it is proceeding with steps to launch its previously announced rights offering (“Rights Offering”) for its New Second Lien Convertible Notes (“New Notes”) or its Common Stock, as part of its restructuring transactions (the “Restructuring Transactions”) approved by shareholders on February 23, 2021. The Company has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”). The Company expects to launch the rights offering after the Registration Statement is declared effective by the SEC. Each of our shareholders as of March 15, 2021 (the “Record Date”) will receive one non-transferable subscription right (“Right”) for each share of our Common Stock they own. Each Right will entitle a holder to purchase (i) a principal amount of our New Notes equal to $50,000,000 divided by the number of shares of our Common Stock outstanding as of the Record Date, at a purchase price of 100% of the principal amount thereof or (ii) a number of shares of our Common Stock equal to $50,000,000 divided by the purchase price of $2.57 per share divided by the number of shares of our Common Stock outstanding as of the Record Date, at a purchase price of $2.57 per whole share of Common Stock; provided that any New Notes will only be issued in minimum increments of $1,000 and any exercise of Rights therefore will be rounded down to the nearest whole increment of $1,000 and any shares of Common Stock will only be issued in whole numbers of shares with any fractional shares of our Common Stock rounded down to the nearest whole share. As of March 5, 2021, we had 17,960,434 shares of Common Stock outstanding such that each Right would entitle a holder to purchase (i) $2.78 principal amount of our New Notes or (ii) 1.08 shares of our Common Stock. Each holder of a Right will be entitled to an over-subscription privilege to purchase additional securities that may remain unsubscribed as a result of any unexercised rights. We expect to distribute the certificates evidencing the Rights and other materials related to the Rights Offering shortly after the Record Date. In connection with the Rights Offering, as of March 2, 2021, we have entered into backstop agreements (the “Backstop Agreements”) with several parties (the “Backstop Providers”) pursuant to which the Backstop Providers have agreed, in the aggregate, to purchase in excess of $20,000,000 of New Notes at par or shares of Common Stock at $2.57 per share (the “Backstop Commitment”). The Backstop Agreements are subject to customary terms and conditions, including payment, in principal amount of New Notes or shares of Common Stock at $2.57 per share, of a backstop fee in an amount up to five percent (5%) of the Backstop Commitment. To complete the Rights Offering and effect the Restructuring Transactions, we must receive net proceeds of at least $20,000,000 from the Rights Offering. The current Backstop Commitment will allow ION to satisfy this condition. Further details of the rights offering will be publicly announced and a prospectus supplement containing the detailed terms of the rights offering will be filed with the SEC following clearance of the registration statement by the SEC. For additional details regarding the Restructuring Transactions, including the Exchange Offer and the Rights Offering, please see our Current Report on Form 8-K filed with the SEC on February 12, 2021. A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The information in this press release is not complete and is subject to change. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The Rights Offering will be made only by means of prospectus. Copies of the prospectus, when it becomes available, will be distributed to all eligible stockholders as of the Rights Offering Record Date and may also be obtained free of charge on the SEC website at www.sec.gov or by contacting the information agent, D.F. King & Co., Inc., for the Rights Offering. About IONLeveraging innovative technologies, ION delivers powerful data-driven decision-making to offshore energy and maritime operations markets, enabling clients to optimize operations and deliver superior returns. Learn more at iongeo.com. ContactMike MorrisonExecutive Vice President and Chief Financial Officer+1.281.879.3615 The information herein contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include information and other statements that are not of historical fact. Actual results may vary materially from those described in these forward-looking statements. All forward-looking statements reflect numerous assumptions and involve a number of risks and uncertainties. These risks and uncertainties include the risks associated with the timing and development of ION Geophysical Corporation's products and services; pricing pressure; decreased demand; changes in oil prices; agreements made or adhered to by members of OPEC and other oil producing countries to maintain production levels; the COVID-19 pandemic; our ability to complete the Restructuring Transactions and other related matters in a timely manner, if at all; and political, execution, regulatory, and currency risks. For additional information regarding these various risks and uncertainties, see our Form 10-K for the year ended December 31, 2020, filed on February 12, 2021, and our Forms S-1 and S-4, filed on January 29, 2021, and amended on February 12, 2021 and March 3, 2021. Additional risk factors, which could affect actual results, are disclosed by the Company in its filings with the Securities and Exchange Commission ("SEC"), including its Form 10-K, Form 10-Qs and Form 8-Ks filed during the year. The Company expressly disclaims any obligation to revise or update any forward-looking statements.
New York City's cinemas re-opened on Friday after nearly a year of closure due to the coronavirus pandemic, an encouraging sign for the city's residents that life in the Big Apple may start to normalize again. "As soon as I read the movie theaters were open, I got a ticket literally 10 minutes later."
US Senate Democrats' effort to advance President Joe Biden's $US1.9 trillion COVID-19 aid bill has stalled as senators joust over how long to extend enhanced unemployment benefits and how much to offer during the pandemic.
CMCT declares quarterly cash dividend of $0.075 per common share to stockholders of record at close of business on 3/15/ 2021
California health officials on Friday gave Walt Disney Co's Disneyland and other theme parks the go-ahead to reopen at limited capacity from April 1, after a closure of almost a year due to the coronavirus pandemic. Capacity will be limited to between 20% and 30%, the California Department of Health said in an update. He did not give a date for the reopening of Disneyland in the southern California city of Anaheim.
VANCOUVER, Washington, March 05, 2021 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company"), a late-stage biotechnology company developing Vyrologix™ (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader Pourhassan, Ph.D., President and Chief Executive Officer, Scott Kelly, M.D., Chairman and Chief Medical Officer, Mahboob Rahman, M.D., Ph.D., Chief Scientific Officer and Harish Seethamraju, M.D., Medical Director for the Mount Sinai Lung Transplantation Program, will host an investment community webcast on Monday, March 8, 2021. Management will discuss the data from the recently completed Phase 3 trial for severe-to-critically ill COVID-19 patients, the regulatory path forward with several countries, as well as updates on other clinical and corporate priorities. Management will provide approximately 90 minutes to address questions submitted online by analysts and investors. Date: Monday, March 8, 2021Time: 1:00 pm PT / 4:00 pm ETDial-In: None.Questions: Prior to the webcast, questions can be submitted online to CYDY_Team@cytodyn.comDuring the webcast, questions can be submitted through the webcast link below. This is a “listen only” webcast, which can be accessed via CytoDyn’s corporate website at www.cytodyn.com under the Investors section/IR Calendar and will be archived for 30 days. Participants are encouraged to go to the website 15 minutes prior to the start of the webcast to register, download and install any necessary software. Please note the below website will not be operational until approximately 60 minutes prior to the start of the webcast, which can be accessed via the following link: https://78449.themediaframe.com/dataconf/productusers/cydy/mediaframe/44014/indexl.html The replay will be available approximately 60 minutes after the conclusion of the webcast and can be accessed via the above link until April 8, 2021. CONTACTSInvestors: Michael MulhollandOffice: 360.980.8524, ext. 102mmulholland@cytodyn.com
Shareholder rights law firm Robbins LLP reminds shareholders that a purchaser of AgEagle Aerial Systems, Inc. (NYSE: UAVS) filed a class action complaint against the Company and its officers and directors for alleged violations of the Securities Exchange Act of 1934 between September 3, 2019 and February 18, 2021. AgEagle is a commercial drone company.
OneMain Financial, the country’s largest installment lender to hardworking Americans with nonprime credit, announced today a donation of $10,000 to benefit the Operation UNITE Flood Relief Fund. The fund will be used to purchase bottled water, cleaning supplies and other necessities for eastern Kentucky counties that have declared a state of emergency.
Steven Gerrard has accepted a one-match ban as punishment for his foul-mouthed outburst after referee John Beaton booked Alfredo Morelos during Rangers' win at Livingston on Wednesday. The Ibrox boss had been charged with "misconduct" after marching on to the pitch to confront the official at half-time during the 1-0 victroy - but accepting the ban means he will be free to lead Rangers out at Celtic Park later this month. The 1-0 victory means Rangers will be crowned champions this weekend if they beat St Mirren on Saturday and Celtic slip up away to Dundee United the following day.
RADNOR, Pa., March 05, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against Bit Digital, Inc. (NASDAQ: BTBT) (“Bit Digital”) on behalf of those who purchased or acquired Bit Digital securities between December 21, 2020 and January 8, 2021, inclusive (the “Class Period”) Deadline Reminder: Investors who purchased or acquired Bit Digital securities during the Class Period may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at info@ktmc.com; or click https://www.ktmc.com/bit-digital-inc-securities-class-action?utm_source=PR&utm_medium=link&utm_campaign=bit%20digital According to the complaint, Bit Digital is a holding company that engages in the bitcoin mining business through its wholly owned subsidiaries in the United States and Hong Kong. The Class Period commences on December 21, 2020 when Bit Digital announced its revised third quarter 2020 financial results in a press release. On January 11, 2021, J Capital Research (“J Capital”) issued a research report alleging, among other things, that Bit Digital operates “a fake crypto currency business. . . designed to steal funds from investors.” Though Bit Digital claims “it was operating 22,869 bitcoin miners in China,” J Capital alleged that “is simply not possible” and stated that “[w]e verified with local governments supposedly hosting the BTBT mining operation that there are no bitcoin miners there.” Following this news, Bit Digital’s stock price fell $6.27 per share, or 25%, to close at $18.76 per share on January 11, 2021. The complaint alleges that throughout the Class Period, the defendants failed to disclose to investors that: (1) Bit Digital overstated the extent of its a bitcoin mining operation; and (2) as a result of the foregoing, the defendants’ positive statements about Bit Digital’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Bit Digital investors may, no later than March 22, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)info@ktmc.com
"Y'all wilding he push me"
Texas' state power regulator on Friday unanimously vetoed a request to cut about $16 billion from state power charges during the final day of the state's February cold snap, saying even a partial repricing could have unintended effects. The Public Utility Commission deferred voting on a separate proposal to slice service fees that would have saved retail electric providers about $1.5 billion for power never provided. Total electricity charges jumped by about $47 billion during a winter storm that knocked out nearly half of Texas power plants, hiking prices for gas and power that have roiled the state's energy sector.
Texas Wildlife Ranch Works to Recover From the Devastating Texas Deep Freeze
Arizona Gov. Doug Ducey on Friday lifted coronavirus-related capacity restrictions at gyms, restaurants and other businesses and said he'll allow Major League Baseball to hold spring training games. (March 5)
Vaccines expert Nikolai Petrovsky has signed an open letter along with 25 other experts investigating the origin of Covid-19.
(Bloomberg) -- Republicans are down by one vote as the Senate remained stalled while Democrats haggled over a deal on unemployment aid. President Joe Biden made public appeals on Friday for passage of his $1.9 trillion pandemic-relief bill, meeting with potential recipients of stimulus checks and highlighting continuing damage in the labor market.Negotiations among senators continued on the details of supplemental jobless benefits, though lawmakers still expect the legislation to pass in the chamber over the weekend.Majority Leader Chuck Schumer pledged the Senate will “power through” the arduous final process of getting Biden’s first signature piece of legislation passed. The Senate is embroiled in the amendment-proposal stage known as the vote-a-rama. The House will need to vote on the Senate’s version, with Democratic leaders pledging final passage by March 14, when current supplemental jobless benefits expire.GOP Down by a Vote as Alaska Senator Flies OutRepublicans are down by one vote as debate on the stimulus bill ground to a halt for six hours while Democrats haggled among themselves on unemployment aid as an earlier deal appeared to fall apart.Senator Dan Sullivan departed Washington Friday afternoon for his home state of Alaska to attend a funeral for his late father-in-law, spokesman Nate Adams said. Sullivan would have voted “no” on the stimulus bill, Adams said. Sullivan’s absence means that Vice President Kamala Harris likely won’t need to break a tie with 50 Democratic lawmakers and 49 Republicans present to vote this weekend.However, Democrats still don’t have 50 members on board for a crucial unemployment insurance deal after Senator Joe Manchin of West Virginia wouldn’t commit to vote for the plan. Democrats need all of their Senators to vote for the amendment to attach it to the $1.9 trillion stimulus bill that they are aiming to pass this weekend.The agreement, which the White House supports, would have lowered the weekly expanded federal jobless benefits from $400 a week to $300, but would have continued the benefits through early October, instead of terminating them at the end of August. The amendment also makes the first $10,200 of unemployment compensation tax-free, a change that would save some taxpayers from surprise IRS bills.Senate Republicans are working to convince Manchin to back another amendment that would extend the $300 payments through July and wouldn’t make the jobless benefits tax free, therefore adding significantly less to the deficit.Biden Appeals for Passage of His Aid Bill (4:30 p.m.)Biden met at the White House with his economic team to highlight how the latest monthly jobs report showcases a still-damage labor market a year into the Covid-19 crisis, along with hosting a meeting with people who would be getting stimulus checks under the pending pandemic-aid bill.Biden was joined by a Maryland woman who works providing transit to disabled individuals, a self-employed veteran from Washington, D.C., who lost his home to a fire and a representative from Mary’s Center -- a health care, social services and education resource center.“It’s going to make a big difference in terms of their lives,” Biden said. “People in the country are hurting right now, with less than two weeks from enhanced unemployment checks being cut out.”Biden earlier highlighted that the economy still has more than 9 million fewer jobs now than in February last year. “At that rate it would take two years to get back on track.”“We can’t afford one step forward, two steps backward,” he said in appealing for passage of his stimulus. “People need the help now.” -- Justin SinkSenate Voting Stalls Amid Talks on Jobless Aid (3:27 p.m.)While Senate Democrats had looked to have nailed down a deal on the amount and duration of supplemental unemployment benefits earlier in the day, talks continued Friday afternoon, with GOP involvement.The negotiations held up the marathon of votes on amendments for more than three hours Friday afternoon.Democrats continue to work within their caucus to make sure that none of their members would go along with Republican amendments that could sink the bill in the House. Chief among the issues: unemployment insurance benefits.Earlier in the day, a Democratic agreement was unveiled to reduce weekly supplemental jobless benefits to $300 per week -- from $400 in the House-passed legislation -- and extend it through Oct. 4, compared with the end of August.The deal including making $10,200 worth of jobless benefits tax-free.Republican senators said Democrats are still working to line up support for that deal and to ward off an amendment from Ohio Republican Rob Portman to make the benefit $300 a week through July 18. It doesn’t address the tax issue.“They are worried about losing on Portman,” John Thune, the Senate’s No. 2 Republican, said.Key to the outcome could be West Virginia Democrat Joe Manchin, who has argued for stricter targeting of pandemic relief.Texas Senator John Cornyn predicted Senate would pass the stimulus bill Saturday morning. -- Erik Wasson.Sanders Bid to Restore Wage Hike Falls Short (2:42 p.m.)A last-ditch effort by Senator Bernie Sanders to restore a minimum-wage hike to the pandemic-relief bill is headed to defeat with 42 votes in favor and 58 against.The vote hasn’t been made final, though there is almost no chance it would change. It remained open while Democrats attempted to nail down support for their plan to extend supplemental unemployment through September.The Senate parliamentarian had previously ruled that the phased-in increase in the minimum wage to $15 an hour by 2025 fell afoul of budget-reconciliation rules, which Democrats are using to get the Covid-19 aid bill through the Senate with just a simple majority vote.Sanders’s bid to waive the rules and restore the wage hike would have required 60 senators of 100 senators to agree to go along with the amendment. But it failed to get even a majority.“An unelected staffer in the Senate should not be in charge of determining whether 32 million workers in America receive a raise,” Sanders said on the Senate floor.There wasn’t even majority support within the Democratic caucus. Arizona Senator Kyrsten Sinema was among the Democrats who voted against it, saying the chamber should look at the issue separate from the relief legislation.“The Senate should hold an open debate and amendment process on raising the minimum wage, separate from the Covid-focused reconciliation bill,” Sinema said in a statement.Also voting against the attempt were Democratic senators Joe Manchin, Jon Tester, Jeanne Shaheen, Maggie Hassan, Tom Carper and Chris Coons as well as independent Angus King.Biden has called on lawmakers to move ahead with his proposed wage hike on a standalone basis. -- Erik WassonWhite House Sees Bill Speeding Job Recovery by a Year (11:08 a.m.)Biden’s $1.9 trillion economic rescue plan will accelerate the U.S.’s return to full employment by a year, National Economic Council Director Brian Deese said.“Most people say that this bill would pull forward by about a year the length of time it would take to get back to full,” Deese said in an interview with Bloomberg News on Friday. He declined to make more specific predictions about unemployment.A government report earlier Friday showed that total U.S. payrolls in February remained more than 9 million lower than the peak prior to the pandemic. Biden said Friday the report showed his stimulus legislation is “urgently needed.”Deese added that the administration is working to speed up the delivery of stimulus checks that are a key feature of the aid bill that Congress is expected to pass in coming days.White House economist Heather Boushey, also speaking in an interview, underscored that economic recovery will depend heavily on the distribution of coronavirus vaccines.“Just to state the obvious, this all depends on getting shots in arms,” she said. -- Jennifer JacobsSenate Democrats Resolve Differences Over Jobless Aid (11:03 a.m.)Senate Democrats have resolved differences over the level and duration of supplemental unemployment benefits in the pandemic relief bill, according to a Democratic aide.The bonus will be kept at the current level of $300 a week, rather than the $400 provided in the House version of the bill, but they will last until Oct. 4 -- rather than the end of August, the aide said. Senator Tom Carper of Delaware, a close Biden ally, led the talks and will offer the amendment to make the change.The White House supported the compromise. Press secretary Jen Psaki tweeted that Biden believes “it is critical to extend expanded unemployment benefits through the end of September.”Recipients will get tax forgiveness on $10,200 worth of benefits under the deal, according to the aide.For millions of unemployed Americans who were able to receive enhanced federal jobless benefits, the change would eliminate their obligation to pay Internal Revenue Service levies on the first $10,200 of those payments.That tax forbearance will offer major help. Unemployment benefits, unlike stimulus payments, are subject to federal income taxes. Many states don’t withhold taxes when they make the payments, so recipients will be required to pay those levies when they file their tax return this spring. That means that the millions of workers who received unemployment benefits could face large, unanticipated tax bills.The deal would also expand a tax provision from the GOP 2017 tax law that restricts how businesses losses can be carried forward to offset future-year profits through 2026. The provision was initially implemented through 2025.In past economic crises, Congress has approved tax relief to help unemployed individuals. In 2009, lawmakers waived taxes on up to $2,400 in jobless benefits. -- Erik Wasson, Laura DavisonSenate Begins Debate as Schumer Pledges to Power Through (9:30 a.m.)The Senate reconvened Friday morning for three hours of debate on the $1.9 trillion Covid-19 relief plan ahead of a marathon series of amendment votes expected to last through the night.The first amendment to get a vote will be offered by progressive Budget Chairman Bernie Sanders, who has said he will attempt to amend the bill to raise the minimum wage to $15 per hour by 2025. That amendment is subject to an objection, since the parliamentarian has ruled it against budget rules, and 60 senators would have to vote to add it to the bill. Some moderate Democrats are expected to vote against the amendment, arguing that it would sink the bill by allowing the entire package to be filibustered by Republicans.While many of the Republican amendment votes are expected to be designed to cause political damage to Democrats and have no chance of succeeding, others may go through.“They are dead-set on ramming through a partisan spending spree packed with non-Covid related policies” said Senate Minority leader Mitch McConnell on Friday on the Senate floor. “This isn’t a pandemic-rescue package, this is a parade of left-wing pet projects.”McConnell said the economy is “already on track to bounce back from this crisis,” because of last year’s bipartisan virus-relief packages, not because of the $1.9 trillion bill before the Senate this week.“Republicans have many ideas to improve the bill, many ideas, and we are about to vote on all kinds of amendments in the hope that some of these ideas make it into the final product,” McConnell said.For amendments that are in order under budget rules -- such as one to cut supplemental unemployment benefits from the $400 per week in the bill -- it would only take one Democrat to side with 50 Republicans to make the change.“We are going to power through and finish this bill however long it takes,” Majority Leader Chuck Schumer said on the Senate floor Friday. “We are not going to make the same mistake we did after the last economic downturn, when Congress did too little.” -- Erik WassonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
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