Day: September 8, 2015

Introducing Xura: Comverse and Acision Launch New Global Company; Fresh Brand Reflects Digital Communications Leadership

Bigger, Stronger, Further: Xura creates pathways to next-generation digital technology for CSPs and Enterprises, unlocking limitless communications New Report from Industry Analyst Firm Ovum Underscores Customer Needs in Evolving Digital Communications Marketplace WAKEFIELD, Mass., Sept. 9, 2015 (GLOBE NEWSWIRE) — Comverse, Inc. and Acision is today officially introducing Xura, Inc. to the mobile and digital communications world – a new global company, brand name and ticker symbol (NASDAQ:MESG). The new identity reflects the joint company’s mission to be the trusted next-generation digital technology provider to operators and enterprises across the globe, offering limitless communication solutions that generate new monetization and

Erickson Appoints Jason Johnson to Senior Director of Sales for the Manufacturing and MRO Business Unit and Scott Cook to Senior Director of Business Development for the Americas

PORTLAND, Ore., Sept. 08, 2015 (GLOBE NEWSWIRE) — Erickson Incorporated (NASDAQ:EAC) is pleased to announce that Jason Johnson has joined the company as Senior Director of Sales for the company’s Manufacturing and MRO Business Unit. In addition to Mr. Johnson, Scott Cook has joined the company as Senior Director of Business Development for the Americas Region. In his role as head of Sales for Erickson’s Manufacturing and MRO Business Unit, Jason Johnson is responsible for developing and leading the sales and customer support strategy for the business as well as for managing a global team carrying out sales activities. This

Sequential Brands Group and Global Brands Announce Strategic Partnership for Joe's Brand

Sequential Signs Definitive Agreement to Acquire Joe’s Brand Long-Term Licensing Agreement With Global Brands Signed for Core Categories Brand Founder Joe Dahan to Continue Leading Product Design as Creative Director HONG KONG and NEW YORK, Sept. 8, 2015 (GLOBE NEWSWIRE) — Sequential Brands Group, Inc. (NASDAQ:SQBG) (“Sequential” or the “Company”) announced today that it has signed a definitive agreement to acquire the Joe’s brand (the “Brand”) and certain other related assets for a total purchase price of approximately US$67 million. In tandem with the acquisition, the Company announced the signing of a long-term licensing agreement for all of the brand’s

FuelCell Energy Reports Third Quarter 2015 Financial Results and Business Update

Project development agreement for Europe announced with European utility, E.On First sale of a megawatt-class power plant in Europe Advancing carbon capture solution with $23.7 million project  Asian manufacturing by partner supports cost reductions and redundancy of supply Total backlog increased $26.1 million from prior quarter end DANBURY, Conn., Sept. 08, 2015 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today reported financial results for its third quarter ended July 31, 2015.  Financial ResultsFuelCell Energy (the Company) reported total revenues for the

Diligent Corporation Appoints Seasoned SaaS Executive Michael Stanton as Chief Financial Officer to Drive Ongoing Market Momentum and Financial Growth

WELLINGTON, New Zealand, Sept. 8, 2015 (GLOBE NEWSWIRE) — Diligent Corporation (NZX:DIL), the Software-as-a-Service (SaaS) based platform for the secure electronic production, distribution and collaboration of confidential information for boards, committees and leadership teams, today announced the appointment of SaaS industry veteran Michael Stanton as Chief Financial Officer (CFO), effective September 9, 2015 (September 8, 2015 US ET), reporting to President and Chief Executive Officer Brian Stafford. Stanton is responsible for the company’s global financial operations and corporate development. Stanton succeeds interim CFO and Corporate Controller Alex Sanchez, who will stay on with Diligent as Vice President and Chief Accounting

The Consulate General of Mexico in New York to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, Sept. 08, 2015 (GLOBE NEWSWIRE) — What:  The Consulate General of Mexico in New York, serving Mexican communities in the states of Connecticut, New Jersey and New York, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Ambassador Sandra Fuentes-Berain will ring the Closing Bell.  Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When: Wednesday, September 9, 2015 – 3:45 p.m. to 4:00 p.m. ET       Consulate General of Mexico in New York Media Contact:Gerardo Izzo(212) Nasdaq MarketSite:Angela Tu(646)   Feed Information:Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05

Perdue to Acquire Natural Food Holdings, including Niman Ranch(R) Brand

SALISBURY, Md., Sept. 8, 2015 (GLOBE NEWSWIRE) — Perdue and LNK Partners announced today that Natural Food Holdings, including the well-known Niman Ranch® brand, is being purchased by Perdue. “This represents the next chapter in our growth through premium proteins and trusted brands,” said Perdue Farms Chairman Jim Perdue. “The Niman Ranch brand continues our commitment to raising animals without antibiotics or artificial growth stimulants, and to responsible food and agriculture.” LNK Partners, a private equity firm, is selling Natural Food Holdings to Perdue for an undisclosed amount. The two companies signed a definitive agreement for the sale and expect

Stericycle, Inc. Announces Public Offering of Mandatory Convertible Preferred Stock to be Represented by Depositary Shares

LAKE FOREST, Ill., Sept. 8, 2015 (GLOBE NEWSWIRE) — Stericycle, Inc. (NASDAQ:SRCL) (the “Company”) announced today that it intends to offer 7,000,000 depositary shares, each of which represents a 1/10th interest in a share of its Series A Mandatory Convertible Preferred Stock (the “Mandatory Convertible Preferred Stock”) in a registered public offering, subject to market and other customary conditions. Holders of the depositary shares will be entitled to a proportional fractional interest in the rights and preferences of the Mandatory Convertible Preferred Stock, including conversion, dividend, liquidation and voting rights, subject to the provisions of the related deposit agreement. The

Aquinox Pharmaceuticals Announces Proposed Public Offering of Common Stock

VANCOUVER, British Columbia, Sept. 8, 2015 (GLOBE NEWSWIRE) — Aquinox Pharmaceuticals, Inc. (“Aquinox”) (NASDAQ:AQXP), a clinical-stage pharmaceutical company discovering and developing targeted therapeutics in disease areas of inflammation and immuno-oncology, today announced that it intends to offer and sell, subject to market and other conditions, $75 million of its common stock in an underwritten public offering. In connection with this offering, Aquinox expects to grant the underwriters a 30-day option to purchase up to $11.25 million of additional shares of common stock. All of the shares are being offered by Aquinox. There can be no assurance as to whether or

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Abengoa, S.A. and Certain Officers – ABGB

NEW YORK, Sept. 08, 2015 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Abengoa, S.A. (“Abengoa” or the “Company”) (NASDAQ:ABGB) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 15-cv-06971, is on behalf of a class consisting of all persons or entities who purchased Abengoa American Depositary Shares (“ADSs”) securities between October 17, 2013 and August 2, 2015 inclusive (the “Class Period”).  This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the

Cortland Partners' New Acquisitions Keep Company on Track to Meet Goals

ATLANTA, Sept. 8, 2015 (GLOBE NEWSWIRE) — Cortland Partners is on track to meet its growth objectives for 2015 thanks to the company’s acquisitions since the beginning of the year, including its most recent addition in August of 1,374 units with a value of nearly $139 million across markets in Georgia, Texas and Florida. Since the start of 2014, Cortland Partners has acquired approximately 14,000 units and now owns over 30,000 apartment homes throughout the Southeast, Midwest, and Texas. As part of this expansion, the Atlanta-based company opened a new regional office in Charlotte, North Carolina in April. This spring,

Media Alert: Informatica Exhibits at Dreamforce 2015

Redwood City, Calif., Sept. 8, 2015 (GLOBE NEWSWIRE) — Informatica, the world’s number one independent software provider focused on delivering transformative innovation for the future of all things data, today announced that it is exhibiting at booth N1916 and in the DevZone, Moscone Center West, Level 2, at Dreamforce 2015, scheduled for September 15-18, at Moscone Center in San Francisco. Informatica’s solutions cover virtually every Salesforce data use case with pre-built, native cloud integration and data management capabilities for Salesforce Clouds – including: Sales Cloud, Service Cloud, Marketing Cloud, Analytics Cloud and Salesforce1Lightening Platform – as well as vertical apps

Capital Southwest Announces Record and Distribution Dates for Spin-Off

DALLAS, Sept. 08, 2015 (GLOBE NEWSWIRE) — Capital Southwest Corporation (NASDAQ:CSWC) (“Capital Southwest”) announced today that its Board of Directors has approved the spin-off of its industrial products, coatings, sealants and adhesives and specialty chemicals businesses into CSW Industrials, Inc. (“CSWI”). The Capital Southwest Board of Directors has approved the distribution of all of the outstanding shares of CSWI common stock to Capital Southwest’s shareholders on a pro rata basis.  The distribution will be made to Capital Southwest shareholders of record as of 5:00 p.m. Eastern time on September 18, 2015 (the “Record Date”). The shares will be distributed effective

Denbury Reports Equity Inducement Award for New Chief Operating Officer

PLANO, Texas, Sept. 08, 2015 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE:DNR) (“Denbury” or the “Company”) today reported, as required by the New York Stock Exchange (the “NYSE”), an equity inducement award to Chris Kendall, the Company’s new Chief Operating Officer, who officially joined the Company today. As an inducement for employment, the Compensation Committee of the Board of Directors of the Company granted Mr. Kendall a one-time award of 300,000 shares of restricted common stock of the Company on September 8, 2015 (the “Inducement Award”).   This grant was made outside of the Company’s current equity plan, but will be

Zosano Pharma Announces New Executive Appointment and Management Change

FREMONT, Calif., Sept. 8, 2015 (GLOBE NEWSWIRE) — Zosano Pharma Corporation (NASDAQ:ZSAN), a clinical-stage specialty pharmaceutical company that has developed a proprietary transdermal microneedle patch system to deliver drug formulations through the skin, today announced management changes reflecting the evolution of the business from a R&D-oriented company to a commercially focused organization as it prepares for completion of the Phase 2 study for ZP-Glucagon in September and of the Phase 1 study for its ZP-Triptan product candidate by the end of 2015. Konstantinos Alataris, Ph.D., has been appointed to the newly created role of President and Chief Operating Officer, and

Washington Suburban Sanitary Commission Extends Pipeline Condition Assessment Contract With Echologics

ATLANTA, Sept. 08, 2015 (GLOBE NEWSWIRE) — Washington Suburban Sanitary Commission (WSSC) has extended its contract with Echologics for an additional one-year term.  Echologics will continue to use its ePulse® technology to deliver pipeline condition assessment services for WSSC.   Echologics has assessed more than 100 miles of WSSC’s water pipeline since 2013.  The one-year extension, which is worth up to $2 million, will allow WSSC to assess even more miles of pipe in its water distribution network.  A second one-year extension is available to WSSC as part of the original agreement. An affiliate of Mueller Co., Echologics is a

America First Multifamily Investors, L.P. Extends the Expiration of Its Consent Solicitation

OMAHA, Neb., Sept. 8, 2015 (GLOBE NEWSWIRE) — The Burlington Capital Group, LLC, the general partner of the general partner of America First Multifamily Investors, L.P. (NASDAQ:ATAX), announced today that it has extended the Expiration Date for ATAX’s Consent Solicitation to 11:59 pm Eastern Daylight Time on September 15, 2015. The definitive Consent Solicitation was filed with the Securities and Exchange Commission on July 24, 2015 and includes eight proposals detailed in that document. “We have been encouraged by the results of the voting thus far and we encourage all ATAX unitholders that have not voted yet to do so”,

Chimerix Provides Clinical Development Update for Brincidofovir

-SUPPRESS Data Continues to be Expected in Early 2016- -Potential New Drug Applications for CMV and Adenovirus to Be Filed Separately- -Solid Organ Transplant Trials to Initiate in Second Half of 2015- DURHAM, N.C., Sept. 8, 2015 (GLOBE NEWSWIRE) — Chimerix, Inc. (NASDAQ:CMRX), a biopharmaceutical company developing novel, oral antivirals in areas of high unmet medical need, today provided an update on the clinical development of its investigational broad-spectrum antiviral, brincidofovir, for the prevention of cytomegalovirus (CMV) and the treatment of adenovirus infection. Brincidofovir for CMV As announced earlier this summer, the SUPPRESS trial evaluating brincidofovir for the prevention of

Luxembourg's Prime Minister Bettel Visits CTG

BUFFALO, N.Y., Sept. 08, 2015 (GLOBE NEWSWIRE) — CTG (NASDAQ:CTG), an information technology (IT) solutions and services company based in the United States, today announced that Xavier Bettel, Prime Minister of Luxembourg and Minister for Communications and Media, visited the CTG Delivery Centre Business and Operation Support (DC BOS) in Luxembourg on Thursday, September 3, 2015. The visit was a continuation of discussions between CTG senior leadership and Prime Minister Bettel during his recent visit to the United States aimed at meeting with international IT companies and in support of his strategy to make Luxembourg a center of excellence for

HealthEquity Reports Second Quarter Ended July 31, 2015 Financial Results

Highlights of the second quarter include: Revenue of $30.5 million, an increase of 46% compared to Q2 FY15. Net income of $4.4 million, an increase of 46% compared to Q2 FY15. Net income per diluted share of $0.08 compared to $0.06 in Q2 FY15. Adjusted EBITDA of $11.1 million, an increase of 62% compared to Q2 FY15. Pro forma non-GAAP EPS of $0.09 per share compared to $0.07 in Q2 FY15. HSA Members grew to 1.5 million, an increase of 45% compared to Q2 FY15. Total AUM grew to $2.6 billion, a 47% increase compared to Q2 FY15. Increase in