Day: November 5, 2015

Farmer Bros. Co. Reports First Quarter Fiscal 2016 Financial Results

FORT WORTH, Texas, Nov. 05, 2015 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today reported financial results for the first quarter ended September 30, 2015. First Quarter Fiscal 2016 Highlights: Net sales decreased 1.9% to $133.4 million in the first quarter of fiscal 2016, as compared to the prior year period; Gross profit increased $2.5 million, or 5.1%, in the first quarter of fiscal 2016, as compared to the prior year period; Net loss was $(1.1) million, or $(0.07) per common share, in the first quarter of fiscal 2016, as compared to net income of $2.5 million, or

Stein Mart, Inc. Announces Resignation of Chief Merchandising Officer

JACKSONVILLE, Fla., Nov. 05, 2015 (GLOBE NEWSWIRE) — Stein Mart, Inc. (NASDAQ:SMRT) today announced that on November 2, 2015 its President and Chief Merchandising Officer, Brian R. Morrow, resigned to accept a position at another company. The company has initiated a search for a new chief merchandising officer. “We thank Brian for his assistance in leading our merchandising efforts over the past six years and we wish him well in his new endeavor,” said Jay Stein, Chief Executive Officer. “Brian helped us develop a talented merchandising organization which will continue to serve us well.” About Stein MartStein Mart stores offer

FXCM Inc. Announces Third Quarter 2015 Results

Third Quarter 2015 Highlights: U.S. GAAP net revenues from continuing operations of $59.6 million U.S. GAAP net income attributable to FXCM Inc. from continuing operations of $64.3 million or $12.10(1) per fully diluted share, including a $137.6 million gain on derivative liability U.S. GAAP net revenues from discontinued operations of $14.8 million U.S. GAAP net income attributable to FXCM Inc. from discontinued operations of $9.3 million or $1.76(1)  per fully diluted share Adjusted EBITDA from continuing and discontinued operations of $5.2 million Strong combined operating cash position of $254.3 million and regulatory surplus of $85.1 million at September 30, 2015

Bonanza Creek Energy Announces Third Quarter 2015 Financial and Operating Results; Enters Into an Agreement to Divest Its Rocky Mountain Infrastructure Subsidiary

Third quarter production volumes averaged 29.0 Mboe per day, compared to guidance of 28.6 Mboe per day Cash operating costs of $14.01 per boe, a 16% sequential decrease from the second quarter of 2015 Adjusted EBITDAX(1) of $73.3 million; adjusted net loss(1) of $3.6 million, or $0.07 per diluted share Third quarter CAPEX of $88.3 million, a 46% sequential decrease from the second quarter; Company reiterates annual CAPEX of $420 million at the midpoint Entered into an agreement with a midstream partner to divest its Rocky Mountain Infrastructure subsidiary for total anticipated cash consideration of $255 million (1) Non-GAAP measure,

Arbutus Biopharma Announces Third Quarter 2015 Financial Results

VANCOUVER, British Columbia and DOYLESTOWN, Pa., Nov. 5, 2015 (GLOBE NEWSWIRE) — Arbutus Biopharma Corporation (Nasdaq:ABUS), an industry-leading therapeutic solutions company focused on developing a cure for chronic hepatitis B virus infection (HBV), today announced its third quarter 2015 unaudited financial results and provided a corporate update. “We are excited to advance the development of our lead HBV candidate, TKM-HBV, to a Phase II, multi-dosing, clinical trial that will measure hepatitis B surface antigen (HBsAg) reduction in HBV infected patients,” said Dr. Mark J. Murray, Arbutus’ President and CEO. “We are also accelerating the development of our other promising HBV

Toscana Energy Announces Third Quarter 2015 Results

CALGARY, Alberta, Nov. 5, 2015 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“TEI” or the “Corporation”) (TSX:TEI) announces financial and operating results for the third quarter ended September 30, 2015. Financial and operating results: This news release summarizes information contained in the Condensed Consolidated Interim Financial Statements (unaudited) and Management’s Discussion and Analysis (“MD&A”) for the three and nine month period ended September 30, 2015. This news release should not be considered a substitute for reading the full disclosure documents, which are available under the Corporation’s profile on SEDAR at www.sedar.com and on the Corporation’s website at www.sprott-toscana.com.    

ShawCor Declares Quarterly Dividend

TORONTO, Nov. 5, 2015 (GLOBE NEWSWIRE) — The Board of Directors today declared a dividend of fifteen cents (15.00 cents) per share on the outstanding common shares of the Corporation payable on the 30th day of November 2015, to shareholders of record at the close of business on the 16th day of November 2015. For Canadian resident shareholders, these dividends are designated as “eligible dividends” for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation. CONTACT: For further information, please contact: Gary S. Love Vice President,

ShawCor Ltd. Announces Third Quarter 2015 Results

Third quarter revenue of $485 million increased by 22% from the $398 million reported in the second quarter of this year and was also marginally higher than the $470 million reported in the third quarter of 2014. Adjusted EBITDA in the third quarter was $74.8 million, an increase of 479% from the $12.9 million reported in the second quarter of 2015 and $3.5 million higher than the $71.3 million reported in the third quarter of 2014. Net income (attributable to shareholders of the Company) in the third quarter of 2015 was $38.1 million (or $0.59 per share diluted) compared with

Globe Specialty Metals Reports Higher Earnings, Continued Cost Savings and Positive Cash Position in the First Quarter

Reported net income attributed to GSM increased to $6.0 million in the first quarter fiscal 2016 compared to $1.9 million for the fourth quarter fiscal 2015. Adjusted net income decreased 31% to $8.0 million. Reported diluted earnings per share increased to $0.08 in the first quarter compared to $0.03 for the fourth quarter fiscal 2015. Adjusted diluted EPS decreased 31% to $0.11. EBITDA increased 21% to $24.1 million in Q1 compared to Q4. Adjusted EBITDA decreased 22% to $25.8 million. EBITDA margin in the first quarter increased by 4% to 13.8% from 9.8% in the fourth quarter. Adjusted EBITDA margin

U.S. Global Investors Announces Quarterly Results Webcast

SAN ANTONIO, Nov. 5, 2015 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (Nasdaq:GROW) will host a webcast on Friday, November 13, 2015, at 7:30 a.m. Central time to discuss the company’s results for the first quarter of fiscal year 2016. Financial data for the quarter will be released prior to the webcast. Frank Holmes, CEO and chief investment officer; Susan McGee, president and general counsel; and Lisa Callicotte, chief financial officer, will participate in the webcast. Click here to register for the quarterly results webcast or visit www.usfunds.com for more information. About U.S. Global Investors, Inc. The story of U.S.

Builders FirstSource Reports Third Quarter 2015 Results

Successfully Completed acquisition of ProBuild Holdings LLC Third Quarter Adjusted Net Income of $0.31 per Diluted Share, an Increase of $0.17 versus 2014 Third Quarter Adjusted EBITDA of $114 Million, an Increase of $18 Million versus 2014 DALLAS, Nov. 5, 2015 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq:BLDR), a leading supplier and manufacturer of structural and related building products for residential new construction and home repair and remodeling in the United States, today reported its results for the third quarter ended September 30, 2015. The Company has provided supplemental financial information of the combined company in this press release that

ShawCor Ltd. Announces Third Quarter 2015 Results

Third quarter revenue of $485 million increased by 22% from the $398 million reported in the second quarter of this year and was also marginally higher than the $470 million reported in the third quarter of 2014. Adjusted EBITDA in the third quarter was $74.8 million, an increase of 479% from the $12.9 million reported in the second quarter of 2015 and $3.5 million higher than the $71.3 million reported in the third quarter of 2014. Net income (attributable to shareholders of the Company) in the third quarter of 2015 was $38.1 million (or $0.59 per share diluted) compared with

Achillion Reports Third Quarter And Nine Month 2015 Financial Results

NEW HAVEN, Conn., Nov. 05, 2015 (GLOBE NEWSWIRE) — Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN) today reported financial results for the three and nine months ended September 30, 2015. For the third quarter of 2015, Achillion reported a net income of $26.3 million or $0.19 per share, compared with a net loss of $15.7 million or $0.16 per share for the third quarter of 2014. Cash, cash equivalents, marketable securities, and interest receivable as of September 30, 2015 were $476 million.  “In just the few months following our announced worldwide collaboration with Janssen, I am pleased with the significant progress achieved in

FXCM Inc. Announces Third Quarter 2015 Results

Third Quarter 2015 Highlights: U.S. GAAP net revenues from continuing operations of $59.6 million U.S. GAAP net income attributable to FXCM Inc. from continuing operations of $64.3 million or $12.10(1) per fully diluted share, including a $137.6 million gain on derivative liability U.S. GAAP net revenues from discontinued operations of $14.8 million U.S. GAAP net income attributable to FXCM Inc. from discontinued operations of $9.3 million or $1.76(1)  per fully diluted share Adjusted EBITDA from continuing and discontinued operations of $5.2 million Strong combined operating cash position of $254.3 million and regulatory surplus of $85.1 million at September 30, 2015

Mandalay Resources Corporation Announces Financial Results, Quarterly Dividend for the Third Quarter of 2015, and Market Guidance for 2016

TORONTO, Nov. 5, 2015 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX:MND) announced today revenue of $43.3 million, adjusted EBITDA of $11.5 million and net profit of $2.2 million, or $0.01 per share, for the third quarter of 2015. The Company’s unaudited consolidated financial results for the three months ended September 30, 2015, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. In accordance

Stein Mart, Inc. Announces Resignation of Chief Merchandising Officer

JACKSONVILLE, Fla., Nov. 05, 2015 (GLOBE NEWSWIRE) — Stein Mart, Inc. (NASDAQ:SMRT) today announced that on November 2, 2015 its President and Chief Merchandising Officer, Brian R. Morrow, resigned to accept a position at another company. The company has initiated a search for a new chief merchandising officer. “We thank Brian for his assistance in leading our merchandising efforts over the past six years and we wish him well in his new endeavor,” said Jay Stein, Chief Executive Officer. “Brian helped us develop a talented merchandising organization which will continue to serve us well.” About Stein MartStein Mart stores offer

SAGE Announces Third Quarter 2015 Financial Results and Recent Pipeline Progress

Expands Pipeline With Selection of Three Next Generation GABA and NMDA Modulators as Development Candidates Initiated Placebo-Controlled, Proof-of-Concept Trial of SAGE-547 in Severe Postpartum Depression CAMBRIDGE, Mass., Nov. 05, 2015 (GLOBE NEWSWIRE) — Sage Therapeutics (NASDAQ:SAGE) today reported business highlights and financial results for the third quarter ended September 30, 2015. “SAGE continues to execute on its mission to be a leading CNS company focusing on life-altering disorders with few or no treatment options,” said Jeff Jonas, M.D., Chief Executive Officer of SAGE. “Enrollment of our Phase 3 STATUS Trial evaluating SAGE-547 as a treatment for super-refractory status epilepticus is

Farmer Bros. Co. Reports First Quarter Fiscal 2016 Financial Results

FORT WORTH, Texas, Nov. 05, 2015 (GLOBE NEWSWIRE) — Farmer Bros. Co. (NASDAQ:FARM) (the “Company”) today reported financial results for the first quarter ended September 30, 2015. First Quarter Fiscal 2016 Highlights: Net sales decreased 1.9% to $133.4 million in the first quarter of fiscal 2016, as compared to the prior year period; Gross profit increased $2.5 million, or 5.1%, in the first quarter of fiscal 2016, as compared to the prior year period; Net loss was $(1.1) million, or $(0.07) per common share, in the first quarter of fiscal 2016, as compared to net income of $2.5 million, or

Associa Partners with SealMaster for Community Pavement Projects

SANDUSKY, Ohio, Nov. 5, 2015 (GLOBE NEWSWIRE) — Associa, the worldwide leader in community association management has officialy partnered with SealMaster. As a leader in pavement products and equipment, SealMaster now offers special pricing options to property managers and homeowners within the Associa network. “All of us with SealMaster are excited to build relationships with the people who work for and live in Associa properties. We share high standards and we’re committed to pro-active pavement preservation, which not only extends the service life of paved assets, but dramatically impacts curb appeal and first impressions,” says SealMaster National Account Representative Ryan

FBR Energy Investment Banking Group Leads Two Transactions Nominated for the 2015 Platts Global Energy Awards

ARLINGTON, Va., Nov. 5, 2015 (GLOBE NEWSWIRE) — FBR & Co. (Nasdaq:FBRC) (“FBR” or the “Company”), a leading investment bank serving the middle market, announced today that two FBR client transactions have been nominated for the 2015 Platts Global Energy Awards – Financial Deal of the Year. Additionally, the firm has augmented its investment banking team with two accomplished bankers – Mr. Jim Griffin and Mr. Ahmar Zaman serve as managing directors covering the mining and renewable energy sectors respectively. Both are based in FBR’s New York offices. “To be the sole placement agent on the Fairway Energy private placement