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Tarsus Pharmaceuticals, Inc. Announces Closing of Initial Public Offering and Full Exercise by the...
IRVINE, Calif., Oct. 20, 2020 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (“Tarsus”), a late clinical-stage biopharmaceutical company focused on the development and commercialization of therapeutic candidates to address large market opportunities initially in ophthalmic conditions, today announced the closing of its initial public offering of 6,325,000 shares of its common stock at a price to the public of $16.00 per share, which includes 825,000 shares sold upon full exercise of the underwriters’ option to purchase additional shares of common stock. All of the shares were offered by Tarsus. The aggregate gross proceeds to Tarsus from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $101.2 million. The shares began trading on The Nasdaq Global Select Market on October 16, 2020 under the symbol “TARS.” BofA Securities, Jefferies and Raymond James acted as joint book-running managers for the offering. LifeSci Capital and Ladenburg Thalmann acted as co-managers for the offering. A registration statement relating to the offering of these securities was declared effective by the Securities and Exchange Commission (the “SEC”) on October 15, 2020. Copies of the registration statement can be accessed by visiting the SEC website at www.sec.gov. The securities referred to in this release were
Netflix earnings are out – here are the numbers
(L-R) Reed Hastings and Ted Sarandos attend the "Marseille" Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for its third quarter of 2020 after the bell on Tuesday. Here are the key numbers: Earnings per share (EPS): $1.74 vs $2.14 expected, according to Refinitiv consensus estimate Revenue: $6.44 billion vs $6.38 billion expected, according to Refinitiv Global paid net subscriber additions: 3.57 million expected, according to FactSet It's the first report since longtime Chief Content Officer Ted Sarandos was promoted to co-CEO alongside long-time CEO Reed Hastings. Netflix told shareholders last quarter that growth was beginning to slow again after an initial uptick when stay-at-home orders proliferated around the world. Executives expect to feel the impact of postponed filming more in 2021, but still said last quarter that the total number of original programs that year would exceed that for 2020. Netflix has tightened up its subscription practices in recent months. In May, the company said it would proactively cancel customers' subscriptions if they hadn't watched anything in a year and didn't
Hayes Software Systems Wins 2020 CITE Technology Partner Award
AUSTIN, Texas, Oct. 20, 2020 /PRNewswire/ -- Hayes Software Systems, the leader in asset management and help desk software for K-12 schools, has been chosen as the recipient of the 2020 CITE (California IT in Education) Technology Partner Award. CITE's award program celebrates members, partners, and others for the work they do and the contributions they've made to the education community. The Technology Partner Award is given annually to an organization that demonstrates dedication and commitment to education. The CITE Board selected Hayes Software Systems for the Technology Partner Award out of four finalists. CITE supports school technology leaders throughout California with resource programs, services, publications, and continuing education opportunities. Established over 60 years ago, CITE is one of the largest education technology organizations in the country. CITE's annual conference draws attendees nationwide and is the second-largest education conference in the United States. Hayes Software Systems is growing its footprint: In 2020 Hayes added over 275 California schools Hayes supports over 9,500 schools Empowering school districts in 44 states "The innovation and forward-thinking on the West Coast is exceptional," says National Account Manager at Hayes Software Systems, Kristin Burroughs. "I am so proud to support school districts in California and excited to partner with innovative education technology leaders." "It's so rewarding to work with our school partners in California. As education technology evolves, we recognize that CITE is right there to bring quality support and education to school administrators. It's such an incredible honor to win this Technology Partner Award, particularly with the number of amazing vendors that support schools in California," says Matt Winebright, CEO and President of Hayes Software
ASX set for gains as Wall Street jumps on stimulus deal optimism
Uncertainty over the coronavirus aid package weighed on Wall Street's main indexes on Monday and analysts expect market turbulence to increase with only two weeks left until Election Day. Latest national opinion polls pointed to a victory for Democratic challenger Joe Biden, though the contest is closer in swing states that decide elections including Florida, North Carolina and Pennsylvania. Meanwhile, the third-quarter earnings season has gathered momentum. Of the 66 S&P 500 companies that have reported results, 86.4 per cent have topped expectations for earnings, according to Refinitiv IBES data. Property and casualty insurer Travellers Cos gained 5.2 per cent as it beat quarterly profit expectations, while consumer products giant Procter & Gamble Co advanced 0.7 per cent as it raised its full-year sales and earnings forecasts. All 11 major S&P sectors were up, with financials, industrials and consumer discretionary stocks rising over 1 per cent. Netflix dipped 0.5 per cent ahead of its third-quarter earnings report. IBM edged past estimates for quarterly revenue on Monday, bolstered by higher demand for its cloud services. The company's shares, however, fell 5.9 per cent after it stayed away from issuing a current-quarter outlook, citing economic uncertainty related to the pandemic.
Khashoggi fiancee sues Saudi crown prince in US over murder
WASHINGTON (AFP) - The fiancee of journalist Jamal Khashoggi sued Saudi Arabia's crown prince and other officials Tuesday (Oct 20) in a US court, seeking damages for his brutal murder in Istanbul two years ago. Turkish citizen Hatice Cengiz and the human rights group Khashoggi formed before his death, Democracy for the Arab World Now (DAWN), is pursuing Mohammed bin Salman and 28 others for damages over the October 2, 2018 killing of the US-based writer. Cengiz claims personal injury and financial losses over Khashoggi's death, while DAWN said its operations and objectives were hampered by the loss of its founder and central figure. "The ruthless torture and murder of Mr Khashoggi shocked the conscience of people throughout the world," the suit said. "The objective of the murder was clear - to halt Mr Khashoggi's advocacy in the United States, principally as the executive director of plaintiff DAWN, for democratic reform in the Arab world." Khashoggi was killed inside Saudi Arabia's Istanbul consulate and his body dismembered and disposed of by a team of Saudis allegedly directed by right-hand men of the crown prince. After global expressions of outrage over
