Day: September 21, 2015

Memorial Resource Development Corp. Prices Upsized Public Offering of Common Stock

HOUSTON, Sept. 21, 2015 (GLOBE NEWSWIRE) — Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it has priced an underwritten public offering of 12,000,000 shares of its common stock at a price to the public of $17.60 per share. The offering was upsized to 12,000,000 shares of common stock from the original offering size of 10,250,000 shares of common stock. MRD has granted the underwriter an option to purchase up to 1,800,000 additional shares of common stock. MRD intends to use the net proceeds from this offering, and any proceeds from the exercise of the underwriter’s option to purchase additional

Praxsyn Corporation Launches New Website

IRVINE, Calif., Sept. 21, 2015 (GLOBE NEWSWIRE) — Praxsyn Corporation (OTCQB:PXYN), a diversified holding company that finds alternative solutions to fit the needs and goals of their strategic relationships, is pleased to announce the launch of its new website www.praxsyn.com. According to Edward Kurtz, CEO of Praxsyn, the new website is aimed at highlighting the company’s strategic vision for growth and expansion over the next few years, and beyond. “Our goal in launching this new website is to provide another resource for our partners and shareholders to learn more about Praxsyn,” said Edward Kurtz, CEO. “By redesigning the website to

HealthEquity Announces Pricing of Secondary Offering of Common Stock

DRAPER, Utah, Sept. 21, 2015 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ:HQY) announced today the pricing of the previously announced secondary offering of shares of its common stock. Certain of HealthEquity’s stockholders have agreed to sell an aggregate of 3,000,000 shares of the company’s common stock in an underwritten public offering. The offering is expected to close on September 25, 2015, subject to customary closing conditions. Additionally, the selling stockholders have granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of the company’s common stock. HealthEquity will not receive any proceeds from the sale of the

Atlanta Infertility Surgeon to Speak at FDA on Essure Removal Without Hysterectomy

ATLANTA, Sept. 21, 2015 (GLOBE NEWSWIRE) — Atlanta fertility specialist and robotic surgeon Dr. Edward Dourron of Servy Massey Fertility Institute performs Essure removal using minimally invasive robotic surgery, not hysterectomy, and will present his experiences with this method to the U.S. Food and Drug Administration (FDA). On September 24, the FDA is reviewing the mounting complaints about Essure, which has been under attack by healthcare advocates because of the risks from side effects. An allergic reaction to nickel, one of the side effects, has resulted in a backlash of women anxious to have Essure, the only non-surgical method of

Photo Release — Robert C. Hill Elementary School Honored by Nathan's Famous, Ultra Foods and Professional Race Car Driver Aric Almirola

LISLE, Ill., Sept. 21, 2015 (GLOBE NEWSWIRE) — Smithfield Foods, licensee of Nathan’s Famous pre-packaged hot dogs, announced today that the world-famous hot dog company honored the Robert C. Hill Elementary School in Romeoville, IL, for being leaders in the community and making active play possible by professional race car driver Aric Almirola on Sunday before the race at Chicagoland Speedway. A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=36274 As part of its Ready. Set. PLAY. initiative with national non-profit KaBOOM!, Almirola surprised representatives from the school with a $1,000 Ultra Foods gift card towards the purchase of groceries,

PHOTO RELEASE–Secretary of Labor Thomas Perez and Rep. Bobby Scott Tour The Apprentice School at Newport News Shipbuilding

NEWPORT NEWS, Va., Sept. 21, 2015 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) hosted Secretary of Labor Thomas E. Perez and Rep. Bobby Scott, D-Va., today for a tour of The Apprentice School at the company’s Newport News Shipbuilding division. Newport News President Matt Mulherin, Newport News Vice President of Trades Operations Ray Bagley and other executives led the tour, during which Perez and Scott interacted with teachers and apprentices in a pre-calculus class. They also met with company leadership to discuss the state of the workforce at Newport News and the school’s partnership with local community colleges as an

Sportsman's Warehouse Holdings, Inc. Announces Secondary Public Offering of 6,250,000 Shares of Common Stock by Selling Stockholders

MIDVALE, Utah, Sept. 21, 2015 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (NASDAQ:SPWH) (“Sportsman’s” or, the “Company”), today announced that, subject to market and other conditions, certain of its stockholders (collectively, the “Selling Stockholders”) intend to offer 6,250,000 shares of the Company’s common stock in a registered public offering. The Company will not sell any shares of common stock in the offering and will not receive any of the net proceeds from this offering. Certain of the Selling Stockholders intend to grant the underwriters an option for a period of 30 days to purchase up to an additional 937,500 shares

Kendeda Fund Awards Population Media Center $1.4M to Fight Child Marriage in Nepal

SOUTH BURLINGTON, Vt., Sept. 21, 2015 (GLOBE NEWSWIRE) — The Kendeda Fund, a private grantmaking foundation dedicated to supporting the dignity of individuals and the sustainability of communities through investments in transformative leaders and ideas, has awarded $1.4 million to Population Media Center (PMC) for a new national radio serial drama project in Nepal. The 208-episode Nepali-language drama program will address child marriage and other related issues of early pregnancy, maternal health, reproductive rights, girls’ secondary education, and sexual violence against both women and girls, and will be accompanied by a hosted call-in radio talk show. Together, these radio programs

Intra-Cellular Therapies Announces Completion of Phase 1 Studies for ITI-214, a Phosphodiesterase Type 1 Inhibitor, and Assumes IND Sponsorship for ITI-214

NEW YORK, Sept. 21, 2015 (GLOBE NEWSWIRE) — Intra-Cellular Therapies, Inc. (Nasdaq:ITCI) a biopharmaceutical company focused on the development of therapeutics for central nervous system (CNS) disorders, announced today that it is assuming sponsorship of the Investigational New Drug Application (IND) for studies related to ITI-214. ITI-214 is a novel, potent phosphodiesterase type 1 (PDE1) inhibitor. Multiple human clinical Phase 1 studies have been completed. In these studies, ITI-214 demonstrated a favorable safety profile and was generally well-tolerated across a broad range of doses both in healthy volunteers and in patients with schizophrenia with a pharmacokinetic profile that supports once

HealthEquity Announces Commencement of Proposed Secondary Offering of Common Stock

DRAPER, Utah, Sept. 21, 2015 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ:HQY) announced today the commencement of a secondary offering of shares of its common stock. Certain of HealthEquity’s stockholders are offering 3,000,000 shares of the company’s common stock for sale. Additionally, the selling stockholders intend to grant the underwriter a 30-day option to purchase up to an additional 450,000 shares of the company’s common stock. HealthEquity will not receive any proceeds from the sale of the shares offered by the selling stockholders. Wells Fargo Securities, LLC is acting as the sole underwriter for the offering. A registration statement relating to

Memorial Resource Development Corp. Announces Public Offering of Common Stock

HOUSTON, Sept. 21, 2015 (GLOBE NEWSWIRE) — Memorial Resource Development Corp. (Nasdaq:MRD) announced today that it has commenced an underwritten public offering of 10,250,000 shares of its common stock. MRD has also granted the underwriter an option to purchase up to 1,537,500 additional shares of common stock. MRD intends to use the net proceeds from this offering, and any proceeds from the exercise of the underwriter’s option to purchase additional shares, to fund a portion of the purchase price of MRD’s recently announced pending acquisition of producing and non-producing properties in North Louisiana. If MRD does not complete the pending acquisition,

Intra-Cellular Therapies Announces Proposed Public Offering of Common Stock

NEW YORK, Sept. 21, 2015 (GLOBE NEWSWIRE) — Intra-Cellular Therapies, Inc. (Nasdaq:ITCI), a biopharmaceutical company, today announced that it has commenced an underwritten public offering of $300 million of shares of its common stock. In connection with the offering, Intra-Cellular Therapies intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All of the shares in the offering will be sold by Intra-Cellular Therapies. Leerink Partners LLC, Cowen and Company, LLC, RBC Capital Markets, LLC and Guggenheim Securities, LLC are acting as joint book-running

NewStar Completes Third Loan Securitization of 2015

Issues third CLO in 2015, bringing cumulative CLO issuance to twelve transactions totaling to more than $5 billion   Placed five classes of floating rate notes priced at par to yield an initial weighted average spread of approximately Libor plus 268 bps   Achieved an advance rate of approximately 82%, placing $351 million of notes rated Aaa through Ba3 by Moody’s and AAA by Fitch   Retained a portion of Class E Notes and equity interests, totaling approximately $71 million, or 18% of the capital structure, which is intended to satisfy European Risk Retention rules   Provides continued funding capacity

Memorial Resource Development Corp. Announces Acquisition of Additional Acreage in North Louisiana, Operational Update and Increased Borrowing Base

HOUSTON, Sept. 21, 2015 (GLOBE NEWSWIRE) — Memorial Resource Development Corp. (Nasdaq:MRD) today announced it has entered into separate transactions to acquire or lease certain acreage located adjacent to the Company’s existing operating areas in North Louisiana. Since January 1, 2015, MRD has either added, acquired, agreed to acquire, or secured the option to lease, an additional 132,758 net acres in North Louisiana for a total of approximately $373.8 million, which assumes the full option lease exercise cost, through the following: A definitive purchase and sale agreement to acquire a third-party’s acreage in Jackson and Lincoln Parishes, Louisiana; An acreage

Stem cell-derived 'organoids' help predict neural toxicity

MADISON, Wis., Sept. 21, 2015 (GLOBE NEWSWIRE) — A new system developed by scientists at the Morgridge Institute for Research and the University of Wisconsin-Madison may provide a faster, cheaper and more biologically relevant way to screen drugs and chemicals that could harm the developing brain. Reporting in the Sept. 21, 2015 issue of the Proceedings of the National Academy of Sciences (PNAS), the team describes a new approach for predicting developmental neurotoxicity that uses stem cells to model features of the developing human brain that could be targeted by toxic chemicals or drugs. The research also is important to

Statman, Harris & Eyrich, LLC Announces a Class Action Has Been Filed Against Volkswagen Group of America, Inc. Following the Environmental Protection Agency's Emissions Probe

CINCINNATI, Sept. 21, 2015 (GLOBE NEWSWIRE) — ATTORNEY ADVERTISING Statman, Harris & Eyrich, LLC (“SH&E”) announces that a class action complaint has been filed against Volkswagen Group of America, Inc. (“Volkswagen”) alleging that Volkswagen manufactured and installed defeat devices in certain model year 2009 through 2015 diesel light-duty vehicles equipped with 2.0 liter engines. These defeat devices allegedly bypass, defeat or render inoperative elements of the vehicles’ emission control system that exist to comply with emission standards of the Clean Air Act (42 U.S.C. §§ 7401-7671q) and its implementing regulations. As a result, the complaint alleges that Volkswagen engaged in

Global Poverty Project to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 21, 2015 (GLOBE NEWSWIRE) — What:  In honor of the 2015 Global Citizen Festival and to mark the launch of the United Nations Global Goals Campaign, Global Poverty Project CEO Hugh Evans will ring the Opening Bell. Where: Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When: Tuesday, September 22, 2015 – 9:15 a.m. to 9:30 a.m. ET           The Global Poverty Project Media Contact: Andrew Kirk (347) 712-1877 andrew.kirk@globalpovertyproject.com Nasdaq MarketSite: William Briganti (646) 441-5012 William.Briganti@nasdaq.com Feed Information:Fiber Line (Encompass Waterfront): 4463 Gal 3C/06C 95.05 degrees West 18 mhz Lower

Pineapple Express, Inc. (Formerly Globestar Industries) Announces Name Change and Ticker Change to PNPL Effective Tomorrow

LOS ANGELES, Sept. 21, 2015 (GLOBE NEWSWIRE) — Pineapple Express, Inc. (OTC Pink:PNPL), formerly Globestar Industries and ticker symbol OTC Pink: GSTI (the “Company“), a Wyoming corporation engaged in cannabis industry consulting, announced that effective September 22, 2015, FINRA approved the Company’s corporate actions changing its name to Pineapple Express, Inc. and its trading symbol to PNPL.   “We are elated that we can finally begin our market awareness and branding initiatives for the company now that our name and symbol have been adopted on a regulatory basis,” stated Matthew Feinstein, CEO and Chairman for the Company. “Branding is the number

Swiss firm selects Aderant Expert legal software for scalability and simplicity

ATLANTA, GA., Sept. 21, 2015 (GLOBE NEWSWIRE) — Aderant, the world’s largest independent legal software company, announced today that lecocqassociate has selected Aderant Expert as their new practice management system, making them Aderant’s first Swiss client. Aderant Expert will provide lecocqassociate with a simple, scalable solution for managing the firm. lecocqassociate also chose Aderant because the software could be implemented quickly, minimizing disruption in day-to-day business activities. Based in Geneva, Switzerland, lecocqassociate specializes in regulatory banking, collective investments, corporate finance, private equity and more. The boutique firm has grown tremendously since its inception in 2007 to approximately 30 attorneys, with

YAI APPOINTS GEORGE CONTOS AS CHIEF EXECUTIVE OFFICER

NEW YORK, Sept. 21, 2015 (GLOBE NEWSWIRE) — YAI announced today that George Contos has been appointed its new Chief Executive Officer (CEO), effective immediately. Mr. Contos succeeds Matthew Sturiale, who was interim CEO of the New York-based not-for-profit which operates programs and services for individuals with intellectual and developmental disabilities (IDD). The organization was founded in 1957 as the Young Adult Institute. Mr. Sturiale will remain with YAI as Executive Vice President, Chief Program Officer. “I’m excited to assume this new role and look forward to working with our staff to enhance the lives of individuals with IDD through