Day: November 4, 2015

Sprague Resources LP Reports Third Quarter 2015 Results and Reconfirms 2015 EBITDA Guidance of $105 to $120 Million

PORTSMOUTH, N.H., Nov. 05, 2015 (GLOBE NEWSWIRE) — Sprague Resources LP (“Sprague”) (NYSE:SRLP) today reported its financial results for the third quarter ended September 30, 2015. “We are pleased with Sprague’s third quarter financial results,” said David Glendon, President and Chief Executive Officer. “In line with our previously issued guidance of $0.0150 per unit growth, we raised our distribution for the sixth consecutive quarter to $0.5025 per unit, 3.1% higher than the distribution paid in the second quarter and 13.6% above the year ago quarter. Assuming normal market conditions for the remainder of the year we are reconfirming full year 2015

Maui Land & Pineapple Reports 3rd Quarter 2015 Results

KAPALUA RESORT, Hawaii, Nov. 4, 2015 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE:MLP) reported income of $9.7 million, or $0.51 per share, for the third quarter of 2015, compared to a net loss of $0.7 million, or $(0.04) per share for the third quarter of 2014. The Company reported revenues of $14.5 million and $2.7 million during the third quarters of 2015 and 2014, respectively. For the nine months ended September 30, 2015, the Company reported net income of $7.7 million, or $0.41 per share, compared to a net loss of $1.2 million, or $(0.07) per share,

Rand Logistics, Inc. Reports Second Quarter Fiscal Year 2016 Financial Results

Second quarter net income before tax increased 12.5% Adjusted EBITDA of $16.1 million decreased by $1.3 million; increased by $0.3 million on a constant currency basis Net cash generated in operating activities through six months equaled $12.2 million, an increase of $1.3 million or 11.9% NEW YORK, Nov. 04, 2015 (GLOBE NEWSWIRE) — Rand Logistics, Inc. (NASDAQ:RLOG) (“Rand”) today announced its financial results for the fiscal year 2016 second quarter ended September 30, 2015. Quarter Ended September 30, 2015 versus Quarter Ended September 30, 2014 Financial Results Net income increased to $11.5 million, or $0.58 per share on a fully

WestRock Reports Fiscal 2015 Fourth Quarter Results

NORCROSS, Ga., Nov. 4, 2015 (GLOBE NEWSWIRE) — WestRock Company (WestRock) (NYSE:WRK) today announced results for its fiscal fourth quarter, which ended September 30, 2015. On July 1, 2015, Rock-Tenn Company (RockTenn or RKT) and MeadWestvaco Corporation (MeadWestvaco or MWV) completed a strategic combination of their respective businesses. After completion of this transaction, RockTenn and MeadWestvaco became wholly owned subsidiaries of WestRock.     Three Months   Ended   September 30,   2015     Earnings per diluted share $ 0.44     Restructuring and other costs and operating losses and transition costs due to plant closures 0.30 Merger and

Lightbridge Provides Update on Nuclear Fuel Commercialization Plan, Business Update and Selected Financial Results for the Third Quarter of 2015

MCLEAN, Va., Nov. 04, 2015 (GLOBE NEWSWIRE) — Lightbridge Corporation (NASDAQ:LTBR) today issued an update on its commercialization strategy and provided a business update for the three and nine months ended September 30, 2015 and certain preliminary unaudited financial results for the third quarter 2015. Lightbridge is also announcing a non-cash restatement to reclassify its outstanding warrants as derivative liabilities. As previously disclosed, management voluntarily sought guidance from the staff of the Office of the Chief Accountant of the Securities and Exchange Commission regarding the classification of the Company’s warrants. Based on such guidance, management has determined that the Company’s

Plexus Announces Closure of Fremont, California Facility

NEENAH, Wis., Nov. 04, 2015 (GLOBE NEWSWIRE) — Plexus Corp. (NASDAQ:PLXS) today announced its intention to close its Fremont, CA manufacturing facility.  Closure of the 46,000 sq. ft. facility is expected to result in the separation of approximately 200 employees.   Dean Foate, Chairman, President and Chief Executive Officer, commented, “Deciding to close a facility is never an easy decision and we are sensitive to the impact this has on our employees, their families and the community.  The dedication of our employees at the Fremont site has contributed to many successful customer partnerships; however, changing end-market dynamics necessitate that we

Kura Oncology Announces Pricing of Public Offering of Common Stock

LA JOLLA, Calif., Nov. 4, 2015 (GLOBE NEWSWIRE) — Kura Oncology, Inc., a clinical stage biopharmaceutical company advancing a pipeline of precision medicines for the treatment of solid tumors and blood cancers, today announced the pricing of its public offering of 6,250,000 shares of common stock at a public offering price of $8.00 per share. The shares are expected to begin trading on The NASDAQ Global Select Market tomorrow morning under the ticker symbol “KURA.” In addition, Kura has granted the underwriters a 30-day option to purchase up to an additional 937,500 shares of common stock on the same terms

Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in GNC Holdings, Inc. to Contact Brower Piven Before the Lead Plaintiff Deadline in Class Action Lawsuit – GNC

STEVENSON, Md., Nov. 04, 2015 (GLOBE NEWSWIRE) — The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the District of Oregon on behalf of purchasers of GNC Holdings, Inc. (NYSE:GNC) (“GNC” or the “Company”) securities during the period between May 2, 2013 and October 22, 2015, inclusive (the “Class Period”).  Investors who wish to become proactively involved in the litigation have until December 28, 2015 to seek appointment as lead plaintiff. If you have suffered a loss from investment in GNC securities

Mueller Water Products Reports 2015 Fourth Quarter and Full Year Results

Increased quarterly operating income 3.3 percent to $44.4 million and adjusted operating income 4.4 percent to $45.0 million. Increased adjusted EBITDA 4.5 percent to $59.9 million. Reported quarterly net income per diluted share of $0.14 compared with $0.16 and quarterly adjusted net income per diluted share of $0.14 compared with $0.12. Increased full year adjusted net income per diluted share 30 percent to $0.39 from $0.30. ATLANTA, Nov. 04, 2015 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE:MWA) announced today that for its fourth quarter ended September 30, 2015, net sales were $311.4 million, a decrease of 2.9 percent compared with

Garrison Capital Inc. Declares Fourth Quarter 2015 Distribution of $0.35 Per Share and Announces Third Quarter 2015 Financial Results and Earnings Call

NEW YORK, Nov. 4, 2015 (GLOBE NEWSWIRE) — Garrison Capital Inc., a business development company (NASDAQ:GARS), today announced its financial results for the third fiscal quarter ended September 30, 2015. References to “we,” “us,” “our,” the “Company” and “Garrison Capital” refer to Garrison Capital Inc. and its consolidated subsidiaries. Third Quarter 2015 Highlights Net investment income for the quarter ended September 30, 2015 was $8.2 million, or $0.49 per share; Net realized loss on investments for the quarter ended September 30, 2015 was $(2.3) million, or $(0.13) per share; Net change in unrealized loss from investments for the quarter ended

Arc Logistics Partners LP Announces Third Quarter 2015 Results

NEW YORK, Nov. 4, 2015 (GLOBE NEWSWIRE) — Arc Logistics Partners LP (NYSE:ARCX) (“Arc Logistics” or the “Partnership”) today reported its financial and operating results for the third quarter ended September 30, 2015. During the third quarter of 2015, the Partnership accomplished the following: Acquired UET Midstream, LLC (“UET Midstream”), the principal assets of which consist of a newly constructed, substantially completed crude oil terminal (the “Pawnee Terminal”) and a nearby development property in northeastern Weld Country, Colorado Realized petroleum product throughput of 120.5 thousand barrels per day (“mbpd”) Reported revenue, net income and Adjusted EBITDA of $24.1 million, $3.7

Points International Ltd. Reports Third Quarter and Year-To-Date 2015 Financial Results

– Q3 revenue of $81.1 million, an increase of 32% year-over-year – YTD Revenue of $216 million, an increase of 14% year-over-year  –  YTD Adjusted EBITDA of $8.9 million, an increase of 39% year-over-year –  YTD Net Income of $4.2 million, an increase of 31% year-over-year –  Announces Launch of Points Travel with Lufthansa’s Miles & More Program  –  Announces Points Loyalty Wallet deployments TORONTO, Nov. 4, 2015 (GLOBE NEWSWIRE) — Points (TSX:PTS) (NASDAQ:PCOM), global leader in loyalty currency management, today announced results for the third quarter and nine months ended September 30, 2015. “The second half of 2015 is off to a strong

Alpha Pro Tech, Ltd. Announces Financial Results for the Third Quarter

NOGALES, Ariz., Nov. 4, 2015 (GLOBE NEWSWIRE) — Alpha Pro Tech, Ltd. (NYSE MKT:APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced financial results for the three and nine months ended September 30, 2015. Consolidated sales for the third quarter decreased 7.8% to $12.2 million, from $13.2 million for the comparable quarter of 2014. Building Supply segment sales for the three months ended September 30, 2015 decreased by 13.0% to $7.4 million, compared to $8.5 million for the same period of 2014. The sales mix of the

Otelco Reports Third Quarter Results

ONEONTA, Ala., Nov. 4, 2015 (GLOBE NEWSWIRE) — Otelco Inc. (NASDAQ:OTEL), a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont and West Virginia and a provider of cloud hosting and managed services, today announced results for its third quarter ended September 30, 2015. Key highlights for Otelco include: Total revenues of $17.9 million for third quarter 2015. Operating income of $4.9 million for third quarter 2015. Adjusted EBITDA (as defined below) of $7.2 million for third quarter 2015. “Otelco’s third quarter 2015 results produced Adjusted EBITDA of $7.2 million,” said Rob Souza, President and Chief Executive

EPAM Reports Results for Third Quarter 2015

Third quarter revenues up 22% year-over-year, and up 31% in constant currency Non-GAAP net income increased 23% in the third quarter year-over-year NEWTOWN, Pa., Nov. 04, 2015 (GLOBE NEWSWIRE) — EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, today announced its third quarter 2015 financial results. Third Quarter 2015 Highlights Revenues increased to $236 million, up 22.5% over the same period last year and up 8.4% over the previous quarter. In constant currency, revenue grew 30.8% year over year and grew 10.8% from the second quarter of 2015. Income from operations was $27.8 million,

PGT Reports 2015 Third Quarter Results

VENICE, Fla., Nov. 04, 2015 (GLOBE NEWSWIRE) — PGT, Inc. (NASDAQ:PGTI), the leading U.S. manufacturer and supplier of residential impact-resistant windows and doors, announces financial results for its third quarter and nine months ended October 3, 2015. “Quarterly sales exceeded $100 million for the second time this year, as we generated sales of $100.7 million in the third quarter. Sales increased $23.3 million, or 30.2%, over our 2014 third quarter, due to a combination of organic growth and from CGI-branded products. Our core repair and remodeling and new construction markets continue to be strong, as single-family housing starts in Florida increased

Cheviot Financial Corp. Reports Third-Quarter Earnings

CINCINNATI, Nov. 04, 2015 (GLOBE NEWSWIRE) — Cheviot Financial Corp. (NASDAQ:CHEV), the parent company of Cheviot Savings Bank, today reported net earnings for the third fiscal quarter of 2015 of $330,000, or $0.05 per share based upon 6,636,500 weighted average shares outstanding at September 30, 2015. Net earnings for the three months ended September 30, 2014 totaled $902,000 or $0.14 per share based upon 6,539,499 weighted average shares outstanding at September 30, 2014.   For the three months ended September 30, 2015: Net earnings for the three months ended September 30, 2015 totaled $330,000, a $572,000 decrease from the $902,000

Marathon Oil Reports Third Quarter 2015 Results

HOUSTON, Nov. 04, 2015 (GLOBE NEWSWIRE) — Marathon Oil Corporation (NYSE:MRO) today reported a third quarter 2015 adjusted net loss of $138 million, or $0.20 per diluted share, excluding the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect comparability of results. The reported net loss was $749 million, or $1.11 per diluted share. Third quarter 2015 included $611 million ($949 million pre-tax) of non-cash charges comprised largely of losses and asset impairments resulting from lower forecasted commodity prices and changes in the Company’s conventional exploration strategy. Quarter Highlights Third quarter capital, investment

Tandem Diabetes Care to Present at the Stifel 2015 Healthcare Conference

SAN DIEGO, Nov. 04, 2015 (GLOBE NEWSWIRE) — Tandem Diabetes Care®, Inc. (NASDAQ:TNDM), a medical device company and manufacturer of the t:slim®, t:flex®  and t:slim G4™ Insulin Pumps, today announced that Kim Blickenstaff, president and CEO, will present a company update at the Stifel 2015 Healthcare Conference in New York, NY.  The presentation will take place on Wednesday, November 18, 2015 at 11:00am Eastern Time (8:00am Pacific Time).   The presentation will be webcast live, and an archive recording will be available for 30 days. The link to the live webcast and archive will be accessible on Tandem Diabetes Care’s

Emclaire Financial Corp Reports Increase in Quarterly Earnings

EMLENTON, Pa., Nov. 4, 2015 (GLOBE NEWSWIRE) — Emclaire Financial Corp (NASDAQ:EMCF), the parent holding company of The Farmers National Bank of Emlenton, reported an increase in consolidated net income available to common stockholders of $498,000, or 50.0%, to $1.5 million, or $0.70 per common share, for the three months ended September 30, 2015, compared to $997,000, or $0.56 per common share, for the same period in 2014. Net income available to common shareholders for the nine month period ended September 30, 2015 increased $487,000, or 18.3%, to $3.2 million, or $1.63 per diluted common share, compared to $2.7 million,