Tuesday - May 11, 2021
Businesses

News releases, reports, statements and associated documents from U.S. and international businesses.

Featured Stories

University of Texas's Southwestern Medical Center: How Legionella Makes Itself at Home
DALLAS, Texas, May 11 (TNSJou) -- The University of Texas's Southwestern Medical Center issued the following news release:

Scientists at UT Southwestern have discovered a key protein that helps the bacteria that causes Legionnaires' disease to set up house in the cells of humans and other hosts. The findings, published in Science, could offer insights into how other bacteria are able to survive inside cells, knowledge that could lead to new treatments for a wide variety of infections.

"Many infectious bacteria, from listeria to chlamydia to salmonella, use systems that allow them to dwell within ... Show Full Article

TEGNA Announces Record Final First Quarter Results, Second Quarter Guidance
TYSONS, Virginia, May 11 -- TEGNA, a broadcast, digital media and marketing services company, issued the following news release on May 10, 2021:

TEGNA Inc. (NYSE: TGNA) today announced financial results for the first quarter ended March 31, 2021.

FIRST QUARTER HIGHLIGHTS:

Total company revenue was $727 million, up six percent year-over-year, driven by continued growth in subscription revenue and record first quarter advertising and marketing services ("AMS") revenues. Revenue was up 41 percent from the first quarter of 2019 driven by the same factors, as well as the impact of acquisitions./1

Subscription ... Show Full Article

Scripps to Webcast Discussion From Needham Virtual Technology and Media Conference on May 20
CINCINNATI, Ohio, May 11 -- The E.W. Scripps, a broadcasting company, issued the following news release:

Adam Symson, president and CEO of The E.W. Scripps Company (NASDAQ: SSP), Jason Combs, CFO, and Carolyn Micheli, senior vice president of corporate communications and investor relations, will discuss the company's business strategies at the 16th Annual Needham Virtual Technology and Media Conference on Thursday, May 20.

Symson, Combs, and Micheli will hold one-on-one video conference meetings with investors that day, and Symson will host a fireside chat at 9:30 a.m. Eastern time that will ... Show Full Article

Renowned Hospitalist to Lead New Division of Hospital Medicine at NYU Langone Health
NEW YORK, May 11 -- NYU Langone Health, an academic medical center affiliated with New York University, issued the following news release:

Katherine Hochman, MD, a nationally renowned hospitalist, has been named inaugural director of the new Division of Hospital Medicine in the Department of Medicine at NYU Langone Health. Dr. Hochman founded the Hospitalist Program at NYU Langone in 2004, which has been expanded into a new division in the wake of the coronavirus disease (COVID-19) pandemic.

The Division of Hospital Medicine will build on the previously established Hospitalist Program, providing ... Show Full Article

News Corp. Completes Acquisition of Houghton Mifflin Harcourt Books & Media Segment
NEW YORK, May 11 -- News Corp., a diversified media and information services company, issued the following news release on May 10, 2021:

News Corp announced today that it has completed its acquisition of the Books & Media segment of Houghton Mifflin Harcourt (HMH Books & Media).

As previously announced, the business will be operated by HarperCollins Publishers, a News Corp subsidiary.

"We welcome the talented team at HMH Books & Media to HarperCollins, especially at a time when so many people in so many places are reading and listening to books," said Robert Thomson, Chief Executive of News ... Show Full Article

Houghton Mifflin Harcourt Completes Divestiture of HMH Books & Media for $349 Million
BOSTON, Massachusetts, May 11 -- Houghton Mifflin Harcourt issued the following news release on May 10, 2021:

Learning technology leader Houghton Mifflin Harcourt ("HMH" or the "Company") (Nasdaq: HMHC) today completed its previously announced divestiture of its consumer publishing business, HMH Books & Media, to HarperCollins Publishers, a division of News Corp (Nasdaq: NWSA), a global, diversified media and information services company, for a cash purchase price of $349 million. Net proceeds to HMH were approximately $337 million after transaction fees.

The Books & Media divestiture advances ... Show Full Article

Apple Awards Corning $45 Million From Its Advanced Manufacturing Fund
CUPERTINO, California, May 11 -- Apple, a provider of consumer electronics, computer software and online services, issued the following news release on May 10, 2021:

Apple is awarding $45 million from its Advanced Manufacturing Fund to Corning Incorporated, a supplier of precision glass for iPhone, Apple Watch, and iPad. The funding will expand Corning's manufacturing capacity in the US and drive research and development into innovative new technologies that support durability and long-lasting product life, building on both Apple and Corning's deep commitment to protecting the environment.

Corning ... Show Full Article