Day: October 8, 2015

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Shiloh Industries Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of November 20, 2015 — SHLO

NEW YORK, Oct. 08, 2015 (GLOBE NEWSWIRE) — The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Shiloh Industries Inc. (“Shiloh”) (NASDAQ:SHLO) between March 9, 2015 and September 14, 2015.     You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. If you purchased or otherwise acquired Shiloh securities between March 9, 2015 and September 14, 2015, your rights may be affected by this action. To get more information

Stewart Named One of “25 Women to Watch” by American Banker Magazine

SEATTLE, Oct. 08, 2015 (GLOBE NEWSWIRE) — Laurie Stewart, President and CEO of Sound Community Bank, has been named one of 2015’s “25 Women to Watch” nationally by American Banker Magazine. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0ef091c6-a2fc-4b38-829a-301d15eb5aba The “25 Women to Watch” is a ranking that honors top-performing female executives whose governance continues to shape the banking industry throughout the country.  According to American Banker Editor Bonnie McGeer, Stewart “is being recognized as one of American Banker’s 25 Women to Watch because of her strong performance in her job and the influence she wields inside and outside

Professional Diversity Network, Inc. Announces Stock Buyback

CHICAGO, Oct. 08, 2015 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (“PDN”) (NASDAQ:IPDN), a developer and operator of online networks and technologies that provide access to employment opportunities for diverse professionals in the United States, announced today that its Board of Directors has approved a share buyback of up to $1.2 million of its outstanding stock. This buyback is set to begin in 2016 and is expected to be funded from the Company’s free cash flow. The Company has scaled its existing platform for profitable growth under the current capital structure and plans to use its free cash flow to

Wolf Popper LLP Files Class Action Lawsuit Expanding Class Period Against Amicus Therapeutics, Inc. — FOLD

NEW YORK, Oct. 08, 2015 (GLOBE NEWSWIRE) — Wolf Popper LLP has filed a class action lawsuit against Amicus Therapeutics, Inc. (NASDAQ:FOLD), and certain of its officers, in the United States District Court for the District of New Jersey, on behalf of all persons who purchased Amicus common stock on the open market or pursuant to Registration Statement, during the period March 19, 2015 through October 1, 2015, and were damaged thereby.  This action alleges claims for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. If you are a member of the Class, you may

Stonegate Capital Partners Initiates Coverage on Armada Hoffler Properties

DALLAS, Oct. 8, 2015 (GLOBE NEWSWIRE) — Stonegate Capital Partners initiates research coverage on Armada Hoffler (NYSE:AHH). Company Description Armada Hoffler Properties, Inc. (NYSE:AHH), was originally founded in 1979 and today still operates as a full service real estate company. AHH develops, constructs, owns and manages high quality, institutional grade office, retail and multi-family properties throughout the Mid-Atlantic and Southeastern regions. The company is incorporated in Maryland and operates as a real estate investment trust (REIT) for tax purposes. AHH is headquartered in Virginia Beach, VA, where its flagship property Town Center is also located. Summary Armada Hoffler appears capable

Onconova Therapeutics Announces $16.5M Share Purchase Agreement With Lincoln Park Capital Fund

NEWTOWN, Pa., Oct. 08, 2015 (GLOBE NEWSWIRE) — Onconova Therapeutics, Inc. (NASDAQ:ONTX), a clinical-stage biopharmaceutical company focused on discovering and developing novel products to treat cancer, today announced that the Company has entered into a share purchase agreement and a registration rights agreement (“Agreements”) with Lincoln Park Capital Fund, LLC (“LPC”).  Upon signing the Agreements, LPC made an initial purchase of 846,755 shares of the Company’s common stock for $1,500,000. Under the terms and subject to the conditions of the Agreements, the Company has the right to sell to, and LPC is obligated to purchase, up to an additional $15,000,000

Sprott Asset Management Issues Letter to Unitholders of Silver Bullion Trust

TORONTO, Oct. 8, 2015 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott” or “Sprott Asset Management”), together with Sprott Physical Silver Trust (NYSE:PSLV) (TSX:PHS.U) (together the “Sprott Physical Trusts”), today announced that it has issued a letter to unitholders of Silver Bullion Trust (“SBT”) (TSX:SBT.UN) (TSX:SBT.U). The full text of the letter is as follows: October 8, 2015 Dear Unitholder, SPROTT INCREASES OFFER EVERY UNIT COUNTS – TENDER TODAY! Sprott just announced an additional premium of US$0.025 per Silver Bullion Trust (SBT) unit payable in Sprott Physical Silver Trust (PSLV) units. Even if you have previously tendered for your SBT

Sprott Asset Management Issues Letter to Unitholders of Central GoldTrust

TORONTO, Oct. 8, 2015 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott” or “Sprott Asset Management”), together with Sprott Physical Gold Trust (NYSE:PHYS) (TSX:PHY.U), today announced that it has issued a letter to unitholders of Central GoldTrust (“GTU”) (TSX:GTU.UN) (TSX:GTU.U) (NYSEMKT:GTU). The full text of the letter is as follows: October 8, 2015 Dear Unitholder, SPROTT INCREASES OFFER EVERY UNIT COUNTS – TENDER TODAY! Sprott just announced an additional premium of US$0.10 per Central GoldTrust (GTU) unit payable in Sprott Physical Gold Trust (PHYS) units. Even if you have previously tendered for your GTU units, you are still eligible to

Host Hotels & Resorts, Inc. Announces Pricing of $400 Million of 4.5% Senior Notes Due 2026 by Host Hotels & Resorts, L.P.

BETHESDA, Md., Oct. 08, 2015 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE:HST) today announced that Host Hotels & Resorts, L.P. (“Host L.P.”), for whom the Company acts as sole general partner, has priced its offering (the “Offering”) of $400 million aggregate principal amount of 4.5% Senior Notes due 2026 (the “Notes”). The Offering is expected to close on October 14, 2015, subject to the satisfaction or waiver of customary closing conditions.  The net proceeds of the Offering of approximately $395 million, after deducting the underwriting discount, fees and expenses, together with cash on hand and a draw on

Transeastern Power Trust and Mediterranean Resources Ltd. Announce Further Update to Closing Date

VANCOUVER, British Columbia, Oct. 8, 2015 (GLOBE NEWSWIRE) — Transeastern Power Trust (TSXV:TEP.UN) (“Transeastern“) and Mediterranean Resources Ltd. (NEX:MNR.H) (“Mediterranean“) announce that Mediterranean now anticipates going to court to receive its final order for the proposed business combination of Mediterranean and Transeastern (the “Transaction“) at 9:45 a.m. (Vancouver time) on October 21, 2015, or as soon thereafter as counsel may be heard, at 800 Smithe Street, Vancouver, British Columbia, Canada. The closing of the Transaction is now expected to occur on October 22, 2015, or as soon thereafter as possible. Further Information Further information about Transeastern and Mediterranean may be

RigNet Wins Telecoms EPC Contract for European Wind Farm Infrastructure Development

HOUSTON, Oct. 08, 2015 (GLOBE NEWSWIRE) — RigNet, Inc. (NASDAQ:RNET), a leading global provider of managed remote communications solutions, telecoms systems integration (TSI) services and collaborative applications to the oil and gas industry, today announced that its RigNet TSI business has been awarded a multi-million dollar contract to deliver communications systems and infrastructure for a high-voltage transmission platform in an offshore wind farm located in the German sector of the North Sea. The award of this contract by a leading UK-based offshore contractor continues RigNet’s long-term success in the delivery of integrated telecommunications and operations support systems for a diverse

Superconductor Technologies Inc. Announces Proposed Public Offering

AUSTIN, Texas, Oct. 8, 2015 (GLOBE NEWSWIRE) — Superconductor Technologies Inc. (STI) (Nasdaq:SCON), a world leader in the development and production of high temperature superconducting (HTS) materials and associated technologies, today announced a proposed registered public offering of its securities, subject to market and other conditions. Rodman & Renshaw, a unit of H.C. Wainwright & Co., is acting as the sole book runner in connection with the offering. Dawson James Securities, Inc. is acting as a co-manager in connection with the offering. STI intends to use the net proceeds from the offering, if completed, for working capital and general corporate

AngioDynamics Reports Fiscal 2016 First Quarter Results

Net sales of $83.7 million GAAP loss of $0.02 per share; Non-GAAP adjusted EPS of $0.11 Operating cash generation of $4.7 million Management provides Q2 outlook and reiterates FY2016 guidance ALBANY, N.Y., Oct. 08, 2015 (GLOBE NEWSWIRE) — AngioDynamics (NASDAQ:ANGO), a leading provider of innovative, minimally invasive medical devices for vascular access, surgery, peripheral vascular disease and oncology, today reported financial results for the first quarter of fiscal year 2016 ended August 31, 2015. “Today, we reported the first of two quarters in the 2016 fiscal year where we anticipated negative year-over-year revenue growth due to tough comparisons to the

Uniworld's New All-Suite Ship Launches in India January 2016

DELRAY BEACH, Fla., Oct. 8, 2015 (GLOBE NEWSWIRE) — Uniworld Boutique River Cruise Collection will launch their newest luxury river cruise ship, the Ganges Voyager II, in January 2016. This 56-passenger, all-suite vessel will sail India’s exotic Ganges River on Uniworld’s newest itinerary, the 13-day “India’s Golden Triangle & the Sacred Ganges,” featuring a seven night cruise and five nights in luxurious Oberoi Hotels & Resorts in New Delhi, Agra, and Jaipur. Highlights include Delhi’s Humayun’s Tomb, the Taj Mahal, the Agra Fort, Jaipur’s City Palace, Mother Theresa’s home and tomb in Kolkata, Verdic temple in Mayapur, and Kalna’s Rajbari

Stericycle Announces Settlement to End 7-Year Qui Tam Suit

LAKE FOREST, Ill., Oct. 8, 2015 (GLOBE NEWSWIRE) — Stericycle, Inc. (NASDAQ:SRCL) announced today that it has entered into a settlement agreement for a qui tam lawsuit that has been ongoing since 2008. As previously disclosed by Stericycle in its filings with the U.S. Securities and Exchange Commission, a qui tam (or “whistle blower”) complaint was filed in 2008 by a former Stericycle employee on behalf of the Federal Government and later fourteen states and the District of Columbia. In that case, brought under the Federal False Claims Act and various equivalent state statutes, the former employee alleged that Stericycle

Unified Grocers Completes Sale of Insurance Operations to AmTrust

COMMERCE, Calif., Oct. 8, 2015 (GLOBE NEWSWIRE) — Unified Grocers, Inc. has completed the stock sale of its insurance operations to New York-based AmTrust Financial Services, Inc. (“AmTrust”). Unified Grocers announced a definitive agreement with AmTrust in April 2015. The sale includes Springfield Insurance Company, Unified Grocers Insurance Services and related insurance operations (“UGIS”). Proceeds from the sale will be used to reduce Unified’s debt. AmTrust will work with UGIS’s employees to insure a transition that is minimally disruptive to our members. AmTrust has purchased UGIS’s building located in Covina, California and intends to continue to provide insurance services to

LDR Holding Corporation Announces Preliminary Revenue Results for Third Quarter 2015

AUSTIN, Texas, Oct. 08, 2015 (GLOBE NEWSWIRE) — LDR Holding Corporation (NASDAQ:LDRH), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today announced preliminary estimated revenue results for the third quarter ended September 30, 2015. For the third quarter ended September 30, 2015, the company expects to report:  Total revenue of approximately $39.3 million, an increase of 9.5% over the third quarter of 2014, or an increase of 14.2% on a constant currency basis. Revenue from exclusive technology products of approximately $36.7 million, an increase

The Bon-Ton Stores, Inc. Hiring 13,000 Seasonal Associates for the Holidays

MILWAUKEE, Oct. 8, 2015 (GLOBE NEWSWIRE) — The Bon-Ton Stores, Inc. (NASDAQ:BONT) which operates Bon-Ton, Boston Store, Bergner’s, Carson’s, Elder-Beerman, Herberger’s and Younkers stores has announced it will hire 13,000 associates to support increased demand for the holiday season at all of the company’s 270 stores. Seasonal store positions include full-time and part-time positions in various roles such as sales associates, sales support, receiving and commissioned sales in cosmetics and shoes. Bon-Ton will also have opportunities in stores for holiday associates to work its 10 biggest sale days and earn an associate discount on top of sales and most coupons

Dr. Steve Rosenstiel Honored with Distinguished Service Award by the American College of Prosthodontists

CHICAGO, Oct. 8, 2015 (GLOBE NEWSWIRE) — Stephen F. Rosenstiel, BDS, MSD, will be honored with the Distinguished Service Award by the American College of Prosthodontists (ACP). An ACP member for 22 years, Dr. Rosenstiel will be presented with the award during the 45th Annual Session of the ACP held in Orlando from Oct. 21-24, 2015. “Dr. Rosenstiel has been a very strong supporter and advocate for the ACP for many years and he has made many significant contributions to the advancement of the specialty of prosthodontics, dentistry and science,” said ACP’s Immediate Past President John R. Agar, DDS, MA,

Unlimited Rewards Earns Gold at Travel Weekly’s Magellan Awards

PARSIPPANY, N.J., Oct. 08, 2015 (GLOBE NEWSWIRE) — Avis Budget Group today announced that Unlimited Rewards®, the Company’s loyalty program for travel professionals, has been named a 2015 Gold Magellan Award Winner by Travel Weekly. The Magellan Awards honor the best in the travel industry and salute outstanding travel professionals. Winners are chosen by a panel of travel experts. Unlimited Rewards was recognized in the ground transportation/marketing category. The program also won gold at the Magellan Awards in 2014 and 2013. “Our commitment to ‘putting the customer first’ includes travel professionals because of the important role they play in shaping