Day: September 11, 2015

Security Benefit Raised to Positive Outlook From A.M. Best

TOPEKA, Kan., Sept. 11, 2015 (GLOBE NEWSWIRE) — Security Benefit Corporation (Security Benefit), a leader in the U.S. retirement savings market, today announced that A.M. Best raised the outlook to positive and affirmed the financial strength ratings of B++ (Good) for the firm’s insurance entities, Security Benefit Life Insurance Company (SBL) and its affiliate, First Security Benefit Life Insurance and Annuity Company of New York. The positive outlook reflects the continued execution of the company’s strategic plan to further diversify its retirement product offerings and distribution channels. A.M. Best cited SBL’s position as a market leader in fixed indexed annuities

The Madison Square Garden Company Board Approves Spin-Off of Sports and Entertainment Businesses From Media Business

NEW YORK, Sept. 11, 2015 (GLOBE NEWSWIRE) — The Madison Square Garden Company (NYSE:MSG) (“MSG”) today announced that its board of directors has approved the spin-off of its sports and entertainment businesses from its media business. Upon completion of the transaction, MSG will be a standalone media company and will change its name to MSG Networks Inc. (“MSG Networks”) and the newly formed sports and entertainment company will be called The Madison Square Garden Company (“Madison Square Garden Company”). The distribution will take place on September 30, 2015 to MSG stockholders of record as of the close of business on

Monster Beverage Board Authorizes New $500 Million Share Repurchase Program

CORONA, Calif., Sept. 11, 2015 (GLOBE NEWSWIRE) — Monster Beverage Corporation (NASDAQ:MNST) today announced that its Board of Directors has authorized a new share repurchase program for the repurchase of up to $500 million of the Company’s outstanding common stock. There was no availability remaining under the previously authorized $200 million share repurchase program. The Company expects the share repurchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws, regulations and approvals. The timing of the share repurchases will depend on a variety of factors, including market

Great Lakes Dredge & Dock Corporation Announces Common Stock Repurchase Program

OAK BROOK, Ill., Sept. 11, 2015 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $15 million of its common stock. Under the authorization, the Company may purchase common stock from time to time in the open market or in privately negotiated transactions. The amount and timing of any purchases will depend upon a number of factors, including the price

HILCO REAL ESTATE ANNOUNCES SEPTEMBER 30 AUCTION US BANKRUPTCY COURT DIRECTS THE IMMEDIATE SALE OF NEW YORK MILITARY ACADEMY FULLY-ACCREDITED COLLEGE PREPARATORY MILITARY SCHOOL

NORTHBROOK, Ill., Sept. 11, 2015 (GLOBE NEWSWIRE) — Hilco Real Estate, LLC today announced the date of September 30, 2015 for the auction of the New York Military Academy located in Cornwall-on-Hudson, New York, which is less than six miles from the United States Military Academy at West Point. The New York Military Academy is a fully-accredited college preparatory school established in 1889, covering grades 8 through 12. Over the years many well-known public figures have attended the school, including Donald Trump, Francis Ford Coppola, Troy Donahue , Bob Benmosche, Bob Stiller, and Stephen Sondheim. The sale includes all of

CMC-Jacksonville Keeps Board Members In the Know about Association Laws

JACKSONVILLE, FLA., Sept. 11, 2015 (GLOBE NEWSWIRE) — Community Management Concepts of Jacksonville, Inc. (CMC-Jax), an Associa company, recently hosted a special seminar for association board members to keep them informed about new homeowners association (HOA) and condominium owners association (COA) laws. Dozens of local board members were on-hand at The University of North Florida on August 22 packing a University Center conference room to hear about all the legislative changes impacting homeowner and condominium owner associations. The special guest speakers were COA and HOA legal experts Ed Ronsman, Esq. and James Rosche, Esq. from Jackson Law Group. “Many neighborhoods

Potlatch Names Linda M. Breard to Board of Directors

SPOKANE, Wash., Sept. 11, 2015 (GLOBE NEWSWIRE) — Potlatch Corporation (NASDAQ:PCH) today announced the election of Linda M. Breard, 46, to Potlatch’s Board of Directors effective October 1, 2015. Ms. Breard, a CPA, is currently Chief Financial Officer of Quantum Corporation (NYSE:QTM), a leading data storage company with customers in over 100 countries. Ms. Breard also serves as Senior Vice President of Finance, IT, Facilities, Human Resources and Corporate Communications. Ms. Breard joined Quantum in 2006 when it acquired Advanced Digital Information Corp., where she was Vice President of Global Accounting and Finance. “Linda Breard brings a wealth of knowledge

Nasdaq to Host Commemorative Closing Bell Ceremony in Remembrance of 9/11

ADVISORY, Sept. 11, 2015 (GLOBE NEWSWIRE) — What: In remembrance of September 11, 2001, the following organizations will visit the Nasdaq MarketSite in Times Square for a commemorative ceremony and to officially ring The Nasdaq Stock Market Closing Bell: Edie Lutnick, President, Cantor Fitzgerald Relief Fund Florence Weiner, Executive Director, Catalog for Giving Israel Leone, Solving Kids’ Cancer Jasmine Correa, The 52nd Street Project  Nicole Kulovny, EVOLVE Representative, Achroma Corp. Where: Nasdaq MarketSite – 4 Times Square – 43r`d & Broadway – Broadcast Studio When: Friday, September 11, 2015 – 3:45 p.m. to 4:00 p.m. ET Nasdaq MarketSite: Angela Tu

Village Super Market, Inc. Declares Quarterly Dividend

SPRINGFIELD, N.J., Sept. 11, 2015 (GLOBE NEWSWIRE) — The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared quarterly cash dividends of $0.25 per Class A common share and $0.1625 per Class B common share. The dividends will be payable on October 22, 2015 to shareholders of record at the close of business on October 1, 2015. Village Super Market operates a chain of 29 supermarkets under the ShopRite name in New Jersey, Maryland and eastern Pennsylvania. CONTACT: Contact: John Van Orden, CFO (973) 467-2200 John.VanOrden@wakefern.com

El Pollo Loco Continues South Texas Expansion With New Pharr Restaurant

COSTA MESA, Calif., Sept. 11, 2015 (GLOBE NEWSWIRE) — El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled chicken chain, today opened its newest location in Pharr, TX. The new restaurant, located at 400 N. Jackson Road, is owned and operated by local franchisees Mark Wright, Wayne Pearson and partners who have been franchisees with the brand for 14 years. “El Pollo Loco is a strong, growing brand which always makes the experience of opening a new location both exciting and rewarding,” said Mark Wright. “It is a real honor to bring the first El Pollo Loco restaurant to Pharr and

Aspera Transforms Large Content Sharing and Collaboration in the Cloud With Aspera Files

AMSTERDAM, The Netherlands, Sept. 11, 2015 (GLOBE NEWSWIRE) — IBC2015 Booth #7.B27 September 11-15, 2015 — IBM (NYSE:IBM) today announced the availability of Aspera Files, a new SaaS offering by Aspera, an IBM company, that allows any organization, small to large, to quickly establish a branded web-based presence for the fast, easy and secure exchange and delivery of file-based media or data of any size, over any distance and between end users across separate organizations, combining cloud and on-premises storage platforms. Built on the Aspera FASP® transport platform for distance-neutral transfer of extremely large files and data sets over the

CORRECTING and REPLACING — SoTHERLY Hotels Inc. Sells Excess Land in Atlanta

WILLIAMSBURG, Va., Sept. 11, 2015 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by SoTHERLY Hotels Inc. (NASDAQ:SOHO), please note that in the first paragraph of the release, the gross sales price should be $2.2 million, not $2.4 million as previously stated. The corrected release follows: SoTHERLY Hotels Inc. (NASDAQ:SOHO) (the “Company”) today announced that the Company has sold a 0.3 acre parcel of excess land in Atlanta for a gross sales price of $2.2 million. The land parcel was purchased by the Company in March 2014 as part of the Georgian Terrace acquisition.  About SoTHERLY Hotels

The 'New Product of the Year' Bodybuilding.com Supplement Award Goes to Cellucor's C4 Ripped.

NEW YORK, Sept. 11, 2015 (GLOBE NEWSWIRE) — Cellucor, the sports nutrition-lifestyle brand behind the pre-workout supplement C4, has received Bodybuilding.com’s “New Product of the Year” Supplement Award for C4 Ripped. Bodybuilding.com is a major online retailer of supplements, and its annual Supplement Awards recognize the highest performing brands based on sales and customer engagement. The winners are determined through a direct fan vote. “We’re extremely thankful to all of the fans who voted for C4 Ripped as Bodybuilding.com’s ‘New Product of the Year,’ and for proving, once again, that we have the best customers,” stated Adam Kossoff, Senior Brand Manager.

Fulton Financial Corporation (Nasdaq: FULT) to Ring The Nasdaq Stock Market Closing Bell

ADVISORY, Sept. 11, 2015 (GLOBE NEWSWIRE) — What:  Fulton Financial Corporation (Nasdaq:FULT), a $17.4 billion financial holding company based in Lancaster, Pennsylvania providing a wide range of financial products and personalized services, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, E. Philip Wenger, Chairman, President and Chief Executive Officer will ring the Closing Bell.  Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When: Monday, September 14, 2015 – 3:45 p.m. to 4:00 p.m. ET           Fulton Financial Corporation Media Contact: Laura J. Wakeley(717) 291-2616lwakeley@fult.com Nasdaq MarketSite: Angela Tu(646) 225-0316Angela.Tu@nasdaq.com   Feed

SoTHERLY Hotels Inc. Sells Excess Land in Atlanta

WILLIAMSBURG, Va., Sept. 11, 2015 (GLOBE NEWSWIRE) — SoTHERLY Hotels Inc. (NASDAQ:SOHO) (the “Company”) today announced that the Company has sold a 0.3 acre parcel of excess land in Atlanta for a gross sales price of $2.4 million. The land parcel was purchased by the Company in March 2014 as part of the Georgian Terrace acquisition.  About SoTHERLY Hotels Inc. SoTHERLY Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale and upper upscale full-service hotels in the Southern United States.  Currently, the Company’s portfolio consists of investments in twelve hotel properties

Myriad Genetics, Inc. (Nasdaq: MYGN) to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 11, 2015 (GLOBE NEWSWIRE) — What:  Myriad Genetics, Inc. (Nasdaq:MYGN), a leader in the personalized medicine industry with innovative, high-quality molecular diagnostics, will visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Mark C. Capone, President and Chief Executive Officer will ring the Opening Bell.  Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When: Monday, September 14, 2015 – 9:15 a.m. to 9:30 a.m. ET           Myriad Genetics, Inc. Media Contact:Ron Rogers(801) 584-3065rrogers@myriad.com Nasdaq MarketSite:Angela Tu(646) 225-0316Angela.Tu@nasdaq.com Feed Information: Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05 degrees West 18

The Town of Addison Selects LAUNCH Agency for New Economic Development and Tourism Campaign

DALLAS, Sept. 11, 2015 (GLOBE NEWSWIRE) — The town of Addison, Texas, located just north of Dallas, believes in a friendly, personalized approach to businesses and residents. Naturally, they desired an ad agency that lived and breathed this entrepreneurial spirit. Addison’s request was simple—to increase economic development and tourism, and to increase usage of the Addison Conference and Theater Centre. After careful consideration of several local ad agencies, Addison selected LAUNCH Agency, a fellow North Dallas-based business, as the team best equipped to help achieve greater success.   “We were able to capture the spirit and essence of Addison and

National Film Board of Canada Completes Its Four Golden Rules of Archiving with ASG-Digital Archive

NAPLES, Fla., Sept. 11, 2015 (GLOBE NEWSWIRE) — As the National Film Board of Canada (NFB) works to complete its ambitious, multi-year digitization project, it’s partnering with industry leader ASG Software Solutions and its ASG-Digital Archive offering to complete and improve its archiving infrastructure. This will ensure that Canada’s audiovisual legacy will be better preserved and safeguarded for generations to come. “Recognized worldwide for artistic excellence and innovation, the NFB serves as an unmatched laboratory, supporting Canadian filmmakers and creators as we take artistic and technical risks in creating cultural content that might otherwise be difficult to produce,” said Luisa

SigmaTron International, Inc. Reports First Quarter Financial Results for Fiscal 2016

ELK GROVE VILLAGE, Ill., Sept. 11, 2015 (GLOBE NEWSWIRE) — SigmaTron International, Inc. (NASDAQ:SGMA), an electronic manufacturing services company, today reported revenues and earnings for the fiscal quarter ended July 31, 2015. Revenues increased to $64.2 million in the first quarter of fiscal 2016 from $54.9 million for the same quarter in the prior year. Net income of $658,806 was recorded for the quarter ended July 31, 2015 compared to a net income of $16,810 for the same period in the prior year. Basic and diluted earnings per share for the quarter ended July 31, 2015, were each $0.16, compared

Code Green Apparel Corp. (formerly J.D. Hutt Corp.) Announces New Corporate Name and Trading Symbol: CGAC

PICO RIVERA, Calif., Sept. 11, 2015 (GLOBE NEWSWIRE) — Code Green Apparel Corp. (OTC Pink:CGAC), (formerly, J.D. Hutt Corp. trading under OTC Pink: JABA), a company dedicated to manufacturing, designing and selling sustainable apparel and uniforms through recycled textiles for companies worldwide, today announced that, effective immediately, the company’s common stock will trade on the OTC Pink Marketplace under the new trading symbol CGAC following the change of its corporate name to Code Green Apparel Corp. “I am extremely pleased and excited about the tremendous progress we have made this year with respect to building a solid foundation for Code