Day: October 3, 2017

Motion to Dismiss Filed by Property Owner to Defeat Government’s Forfeiture of Warehouse

ONTARIO, Calif., Oct. 03, 2017 (GLOBE NEWSWIRE) — Today, the owner of a Fontana, California warehouse filed a motion to dismiss a property forfeiture action filed by the government on September 14. The Fontana warehouse is one of four warehouses the government claims are subject to forfeiture because they were used to store aluminum pallets imported from China and owned by Perfectus Aluminum Inc. (the “Company”). The forfeiture claim against all the warehouses is grounded on the government’s claim that the Company allegedly violated U.S. law in importing the pallets under false pretenses. But as set forth in the motion

The Graduate Management Admission Council Welcomes Three New Business Schools to Its Global Membership

RESTON, Va., Oct. 04, 2017 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a nonprofit organization of leading graduate business schools, is pleased to welcome three new graduate business schools to its membership. The addition of McGill University, Desautels Faculty of Management (Canada); University of Mannheim, Mannheim Business School (Germany); and University of St. Gallen (Switzerland) brings the Council’s total membership to 223. Select business schools are invited to join GMAC by its Board of Directors. To be considered, they must complete a comprehensive application that addresses the school’s sustained commitments to supporting the Council’s mission: providing the tools

Sotherly Hotels Inc. Announces Pricing of Offering of Series C Cumulative Redeemable Perpetual Preferred Stock

WILLIAMSBURG, Va., Oct. 03, 2017 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ:SOHO) (the “Company”) today announced the pricing of its underwritten public offering of 1,200,000 shares of its 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) for total gross proceeds of approximately $30,000,000 before underwriting discounts and commissions and expenses payable by the Company. The Company has granted the underwriters a 30-day option to purchase up to an additional 180,000 shares of Series C Preferred Stock being offered to cover over-allotments, if any, at the public offering price of $25.00 per share of the Series C

NewLink Genetics Prices Public Offering of Common Stock

AMES, Iowa, Oct. 03, 2017 (GLOBE NEWSWIRE) — NewLink Genetics Corporation (“NewLink Genetics”) (Nasdaq:NLNK), a late-stage biopharmaceutical company, today announced the pricing of its underwritten public offering of 5,000,000 shares of its common stock at a price to the public of $10.25 per share.  All of the shares of common stock to be sold in the offering will be offered by NewLink Genetics. NewLink Genetics has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of its common stock sold in the public offering on the same terms and conditions.   NewLink Genetics intends to use the net

Johnston Veterinarian Rush Animal Care to Sponsor Upcoming 5th Annual PuppyUp Walk

JOHNSTON, Iowa, Oct. 03, 2017 (GLOBE NEWSWIRE) — Rush Animal Care of Johnston, Iowa would like to let area pet owners know that they will be sponsoring the 5th Annual PuppyUp Walk this year. The Johnston Veterinarian will be a Silver Level sponsor of the animal-friendly event, which will raise funds for cancer research for both pets and people. The PuppyUp event will take place on October 1 at Gray’s Overlook Terrace at 2101 Fleur Drive in Des Moines, Iowa. It will be held from 1:00 pm to 4:00 pm. The PuppyUp event is a 2-mile walk and fundraiser that’s dedicated to

Ziyen Inc. Rebrands for the Markets

SAN DIEGO, Oct. 03, 2017 (GLOBE NEWSWIRE) — Ziyen Inc., a Scottish-American software company, has introduced a new corporate brand, logo and corporate website. The rebranding comes at a significant stage in the evolution of Ziyen, following the tech company’s installation of a new division: Ziyen Energy. The division has secured its first oil and gas contract in the Midwestern United States, orchestrated by Ziyen’s Oil Intelligence Director- Shane Fraser. Fraser is a highly experienced oilfield engineer with over 28 years’ experience. He has 21 years working for Royal Dutch Shell in the North Sea and Syria, before going on

Moog Aircraft Services Asia Incorporated in Singapore

EAST AURORA, N.Y., Oct. 03, 2017 (GLOBE NEWSWIRE) — Moog Inc. (NYSE:MOG.A) (NYSE:MOG.B) and SIA Engineering Company (“SIAEC”) today announced the formation of a joint venture company, Moog Aircraft Services Asia. Moog holds a 51% equity stake in the company and SIAEC holds the remaining 49%. The operation will reside in a new facility in Singapore. SIA  Engineering  Company  (SIAEC)  is  a  major  provider  of  aircraft maintenance,  repair  and  overhaul (MRO) services in the Asia-Pacific. The joint venture company will provide maintenance, repair and overhaul services for Moog manufactured flight control systems fitted to new generation aircraft including the Boeing

CNL Healthcare Properties II Signs Agreement for On-Campus Property

Orlando, Fla., Oct. 03, 2017 (GLOBE NEWSWIRE) — CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, has signed a definitive agreement to purchase a two-story medical office building in Overland Park, Kansas, for approximately $14 million. This would be the first medical office investment for CNL Healthcare Properties II. Subject to customary due diligence and other closing conditions, the planned acquisition is expected to close during the fourth quarter of 2017, but there can be no assurance that the transaction will close. “The Overland Park medical office building is indicative

BriaCell Announces Repricing of Warrants

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRE SERVICES BERKELEY, Calif. and VANCOUVER, B.C., Oct. 03, 2017 (GLOBE NEWSWIRE) — BriaCell Therapeutics Corp. (“BriaCell” or the “Company“) (TSXV:BCT) (OTCQB:BCTXF) announced today that it is applying to the TSX Venture Exchange (the “Exchange“) for approval to amend the terms of an aggregate of 1,562,500 common share purchase warrants (the “Warrants“) issued pursuant to a non-brokered private placement that closed on May 3, 2016 (the “Private Placement“). The Warrants are exercisable into common shares in the capital of the Company at an exercise price of $0.35 per common share and

Wilton Resources Inc. Announces Grant of Stock Options

CALGARY, Alberta, Oct. 03, 2017 (GLOBE NEWSWIRE) — Wilton Resources Inc. (the “Corporation”) listed on the TSX Venture Exchange (TSXV:WIL), announces that on October 3, 2017 the Board of Directors of the Corporation granted 650,000 stock options (the “Options”) to purchase common shares of the Corporation (“Shares”) to certain directors, officers, and consultants of the Corporation. The Options vest on the date of issuance and are exercisable for a period of five years from the date of grant at an exercise price of $0.85 per Share. Each grant of Options is subject to the approval of the TSX Venture Exchange.  

Blue Diamond Resorts assumes management of the Jolly Beach Resort in Antigua

TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) — Starfish Resorts, Blue Diamond’s expanding all-inclusive brand that represents outstanding value and promotes a lively vacation atmosphere, announced today that it will welcome Jolly Beach Resort & Spa into its portfolio. The popular Antigua-based resort features six different all-inclusive accommodation options, ideal for everyone from honeymooners to families. Known as Antigua’s largest all-inclusive resort, Starfish Jolly Beach features 464 rooms set upon 40 acres of lush tropical gardens and powdery white sand beaches. Each of the six room categories comes standard with a private balcony, where guests can take in the stunning views and

AmTrust Financial Services, Inc. Natural Catastrophe Loss Estimate

NEW YORK, Oct. 03, 2017 (GLOBE NEWSWIRE) — AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”) today announced an initial estimate for net loss exposure for third quarter of 2017 catastrophe activity of between $40 million and $65 million. AmTrust’s excess of loss reinsurance programs as of July 1, 2017, provide catastrophe coverage for losses in excess of $20 million, with a per event limit of $830 million. As previously announced, AmTrust entered a new quota share reinsurance contract effective August 1, 2017, to further reduce net exposure to catastrophe and non-catastrophe events related to the business of its

Baidu Announces the Opening of a Second Research and Development Center in Silicon Valley

SUNNYVALE, Calif., Oct. 03, 2017 (GLOBE NEWSWIRE) — Baidu, Inc. (NASDAQ:BIDU), announced today it has opened a second research and development facility in Silicon Valley as it doubles down its efforts to recruit global talent in the areas of AI and autonomous driving. Photos accompanying this announcement are available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cebeb480-5a43-488b-a5ac-8e42d06c2123 and http://www.globenewswire.com/NewsRoom/AttachmentNg/e6d7a0e7-f506-42cf-b189-1e47c3cb5f5a Located in Sunnyvale, the 36,000-square-foot building is currently being occupied by a division of Baidu’s Intelligent Driving Group (IDG) which works on the Apollo open autonomous driving platform and a division of the company’s Internet security deparment. Going forward, the new site, which has capacity for 150 people and

Oak Street Funding’s Dennen Leads Panel at RIA Industry Event

INDIANAPOLIS, Oct. 03, 2017 (GLOBE NEWSWIRE) — For Oak Street Funding® (www.oakstreetfunding.com), a First Financial Bank company, lending to the RIA industry isn’t enough. Oak Street goes beyond just lending – by providing RIA firms with an understanding of how they can use debt to support growth through acquisition and book of business transactions.  Rick Dennen, President and CEO of Oak Street Funding, recently led a discussion at The Deals and Deal Makers Summit hosted by Echelon Partners in Newport Beach, CA. The Summit hosted interactive sessions, innovative networking, applied workshops and real deal experience from over 30 industry leading

AGF Reports September 2017 Assets Under Management

TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) — AGF Management Limited (TSX:AGF.B) reported total fee-earning assets under management (AUM) of $35.3 billion as at September 30, 2017.     AUM  ($ billions) September 30, 2017  August 31, 2017    % Change Month-Over- Month    September 30, 2016  % Change Year-Over- Year   Total Retail Fund (including retail pooled funds) $18.3  $18.2    $17.8     Institutional and Sub-advisory  +  High-net-worth + Exchange-traded funds $16.1  $15.9    $15.9     Total AUM $34.4  $34.1    $33.7     Alternative asset management platform AUM $0.9  $0.9    $0.6     Total AUM (including  alternative asset management platform AUM)  $35.3  $35.0  0.9%  $34.3  2.9%         

MarketAxess Announces Monthly Volume Statistics for September 2017

NEW YORK, Oct. 03, 2017 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq:MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced total monthly trading volume for September 2017 of $116.8 billion, consisting of $66.5 billion in U.S. high-grade volume, $46.4 billion in other credit volume, and $3.9 billion in liquid products volume. U.S. high-yield, emerging market and Eurobond volumes represented approximately 21.3%, 52.3% and 25.2% respectively, of the total trading volumes of the other credit category. The Company also reported preliminary total

As interest rates rise, Canadian defined benefit pension solvency in third quarter hits highest level in 10 years

Aon’s Median Solvency Ratio for defined benefit plans increased to 99.3% Canadian pension solvency at highest level since the financial crisis TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) — As the Bank of Canada raised its target overnight rate twice and bond yields soared in the third quarter, the median solvency ratio of Canadian defined benefit (DB) pension plans hit a new post-recession high, according to Aon’s latest quarterly median solvency ratio survey. An infographic accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/21d7ee8e-860a-418f-830a-6677d9784ba0 The improving financial health of Canadian pension plans was driven by rising bond yields, which effectively lowered plan liabilities, even

Emblem Announces Exclusive Agreement with Canntab Therapeutics for Cannabinoid Based Oral Sustained Release Formulation

PARIS, Ontario, Oct. 03, 2017 (GLOBE NEWSWIRE) — Emblem Corp. (TSXV:EMC) (EMC.WT) (“Emblem” or the “Company”) announced today that it has entered into a Collaboration and Licensing Agreement (the “Agreement”) with Canntab Therapeutics Limited (“Canntab”) of Toronto. Canntab has developed a patent-pending oral sustained release formulation for cannabinoids (the “Sustained Release Product” or the “Product”). Under the Agreement, Emblem and Canntab will collaborate on the preclinical formulation, clinical development, regulatory approval, manufacturing and commercialization of the Sustained Release Product. The Agreement grants to Emblem the exclusive right in Canada to Canntab’s patents and know-how for the purpose of developing, commercializing,

Capricorn Business Acquisitions Inc. Appoints Chief Financial Officer

TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) — Capricorn Business Acquisitions Inc. (the “Company“) (NEX:CAK.H) is pleased to announce the appointment of Gerald Goldberg, as its Chief Financial Officer. Mr. Goldberg is a partner in a prominent Canadian accounting firm and is head of the firm’s Public Company group, which specializes in servicing both domestic and foreign companies listed on the U.S. and Canadian stock exchanges. In addition to the above, Gerry has experience in advising owner managed businesses and other clients as well as assisting them in securing both traditional and innovative forms of financing. Gerry also currently sits on

3D Signatures Announces Private Placement With Strategic Partner and Prospectus Update

TORONTO, Oct. 03, 2017 (GLOBE NEWSWIRE) — 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the “Company” or “3DS”) is pleased to announce a non-brokered private placement (the “Private Placement”) of 2,000,000 common shares (the “Shares”) at a price of C $0.25 per Share for gross proceeds of C $500,000 with ScreenCell SA (“ScreenCell”). ScreenCell, a strategic partner to 3DS, has been working closely with the Company since its inception and has a deep working knowledge of 3DS’ technology. ScreenCell supplies the Company with a screening system for the capture and isolation of circulating tumor cells (“CTCs”) from blood. “It’s a strong