Day: February 22, 2016

Ultrapetrol Announces Listing Transfer to NASDAQ Capital Market

NASSAU, Bahamas, Feb. 22, 2016 (GLOBE NEWSWIRE) — Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR) (“Ultrapetrol” or the “Company”) announced today that its application to be listed on the NASDAQ Capital Market has been approved by NASDAQ.  Effective February 23, 2016, the Company’s stock will be listed on the NASDAQ Capital Market, rather than on NASDAQ’s Global Select Market. The move to the NASDAQ Capital Market will not affect the listing or trading of the Company’s common stock.  By transferring to the NASDAQ Capital Market, the Company will regain compliance with the continued listing standard for the minimum required market value of its

EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against GoPro, Inc. – GPRO

NEW YORK, Feb. 22, 2016 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of GoPro, Inc. securities (NASDAQ:GPRO) from July 21, 2015 through January 13, 2016, inclusive (the “Class Period”). The lawsuit seeks to recover damages for GoPro investors under the federal securities laws. To join the GoPro class action, go to the firm’s website at http://rosenlegal.com/cases-817.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. NO CLASS HAS YET

Toll Brothers Named #1 Home Builder in Fortune Magazine 2016 Survey of World's Most Admired Companies Ranks #6 Among All 1,500 Companies in Survey for Quality of Products/Services

HORSHAM, Pa., Feb. 22, 2016 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation’s leading builder of luxury homes, has been named the Most Admired Home Building Company in Fortune magazine’s survey of the World’s Most Admired Companies for 2016. The survey, which began with over 1,500 companies across more than 50 industries, asked over 4,000 executives, directors, and analysts to rate companies in their own industry on 9 criteria. In addition to receiving the top ranking overall in the Home Builder sector, Toll Brothers ranked #6 among all 1,500 companies in the survey in the Quality of Products/Services

MidwayUSA Now Offering Polymer80 AR-15 and LR-308 Lower Receiver Kits

COLUMBIA, Mo., Feb. 22, 2016 (GLOBE NEWSWIRE) — MidwayUSA is pleased to announce Polymer80 as one of the newest additions to their Gun Parts product offering. Polymer80 Warrhogg and G150 Phoenix2 80% lower receiver kits feature a solid core and unique reinforced polymer design. The Polymer80 system is designed as a complete kit, including the jig, drill bits and end mill required to create a fully functional stripped lower ready for a parts kit. “The Polymer80 kits are the easiest, most comprehensive kits on the market,” said Peter Eiberger, MidwayUSA Product Line Manager – Gunsmithing. “With just a few basic

McDermott Reports Fourth Quarter and Full-Year 2015 Financial and Operational Results

Focus on Project Execution and Cost Management has Driven a Significant Increase in Operational Profit in 2015 Recent Awards Balancing Geographic Portfolio and Successful Entry into the India Subsea Market Substantial Backlog Provides Strong Foundation for 2016 Company to Host Conference Call and Webcast Today at 4:00 pm CDT HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”) today announced financial and operational results for the fourth quarter and full-year ended December 31, 2015.   ($ in millions, except per share amounts)   Three Months Ended   Delta   Twelve Months Ended   Delta

Northrop Grumman's Chris Jones Named 2016 Black Engineer of the Year

WASHINGTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — Northrop Grumman Corporation’s (NYSE:NOC) Christopher T. Jones, corporate vice president and president, Northrop Grumman Technology Services, was named the 2016 Black Engineer of the Year at the 30th annual Black Engineer of the Year Award (BEYA) Science, Technology, Engineering and Mathematics (STEM) Global Competitiveness Conference held this weekend in Philadelphia. Northrop Grumman’s Monique Smith received the BEYA Industry Community Service award. Additionally, 17 Northrop Grumman employees received honorable mentions as BEYA Modern-Day Technology Leaders. Photos accompanying this release are available at: http://media.globenewswire.com/noc/mediagallery.html?pkgid=39060 The employees were recognized for their dedication to community service, educational

McDermott Reports Fourth Quarter and Full-Year 2015 Financial and Operational Results

Focus on Project Execution and Cost Management has Driven a Significant Increase in Operational Profit in 2015 Recent Awards Balancing Geographic Portfolio and Successful Entry into the India Subsea Market Substantial Backlog Provides Strong Foundation for 2016 Company to Host Conference Call and Webcast Today at 4:00 pm CDT HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”) today announced financial and operational results for the fourth quarter and full-year ended December 31, 2015.   ($ in millions, except per share amounts)   Three Months Ended   Delta   Twelve Months Ended   Delta

McDermott Reports Fourth Quarter and Full-Year 2015 Financial and Operational Results

Focus on Project Execution and Cost Management has Driven a Significant Increase in Operational Profit in 2015 Recent Awards Balancing Geographic Portfolio and Successful Entry into the India Subsea Market Substantial Backlog Provides Strong Foundation for 2016 Company to Host Conference Call and Webcast Today at 4:00 pm CDT HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”) today announced financial and operational results for the fourth quarter and full-year ended December 31, 2015.   ($ in millions, except per share amounts)   Three Months Ended   Delta   Twelve Months Ended   Delta

McDermott Reports Fourth Quarter and Full-Year 2015 Financial and Operational Results

Focus on Project Execution and Cost Management has Driven a Significant Increase in Operational Profit in 2015 Recent Awards Balancing Geographic Portfolio and Successful Entry into the India Subsea Market Substantial Backlog Provides Strong Foundation for 2016 Company to Host Conference Call and Webcast Today at 4:00 pm CDT HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — McDermott International, Inc. (NYSE:MDR) (“McDermott” or the “Company”) today announced financial and operational results for the fourth quarter and full-year ended December 31, 2015.   ($ in millions, except per share amounts)   Three Months Ended   Delta   Twelve Months Ended   Delta

Chemtura Reports Fourth Quarter and Year-End 2015 Financial Results

Fourth Quarter 2015 GAAP earnings from continuing operations of $0.96 per diluted share and managed basis earnings from continuing operations of $0.44 per diluted share Year ended December 31, 2015 GAAP earnings from continuing operations of $1.98 per diluted share and managed basis earnings from continuing operations of $1.47 per diluted share GAAP earnings per share from continuing operations for the fourth quarter and the full year versus managed basis earnings per share from continuing operations benefit from tax rates lower than our normalized managed basis rates PHILADELPHIA, Feb. 22, 2016 (GLOBE NEWSWIRE) — Chemtura Corporation, (NYSE:CHMT) (Euronext Paris:CHMT) (the “Company,” “Chemtura,”

Carrizo Oil & Gas, Inc. Announces Fourth Quarter and Year-End Results and Provides 2016 Guidance

HOUSTON, Feb. 22, 2016 (GLOBE NEWSWIRE) — Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) today announced the Company’s financial results for the fourth quarter of 2015 and provided an operational update, which includes the following highlights: Record Oil Production of 24,942 Bbls/d, 13% above the fourth quarter of 2014 Record Total Production of 40,159 Boe/d, 7% above the fourth quarter of 2014 Loss From Continuing Operations of $380.7 million, or ($6.73) per diluted share, and Adjusted Net Income (as defined below) of $18.5 million, or $0.32 per diluted share Adjusted EBITDA (as defined below) of $112.1 million Delivered 246% reserve replacement

Greystone Development & Prime Rok Acquire 164 West 74th Street

NEW YORK, Feb. 22, 2016 (GLOBE NEWSWIRE) — Greystone Development, a New York-based real estate development, lending and advisory company, in a joint venture with Prime Rok Real Estate, a Midtown-based developer, announced it has closed on the acquisition of 164 West 74th Street. Acquisition financing was provided by Mercantil Commercebank, a strategic partner of Greystone Development. Located on the prime, tree-lined block of 74th Street between Amsterdam and Columbus Avenue, the Beaux-Arts building consists of 8 stories and approximately 30,000 gross square feet. “Prime Rok is excited to partner with Greystone on this development.  We look forward to working

Conifer Holdings Reports Fourth Quarter and Full Year 2015 Results

BIRMINGHAM, Mich., Feb. 22, 2016 (GLOBE NEWSWIRE) — Conifer Holdings, Inc. (Nasdaq:CNFR) today announced results for the fourth quarter and full year 2015. Full Year 2015 Highlights Gross written premiums up 11.8% to $93.8 million, compared to 2014   Net written premiums up 20.2% to $79.7 million, compared to 2014 Combined ratio of 102.1%; 11.7 percentage points improvement from 2014  Book value per share of $10.11 with shareholders’ equity of $77.3 million  Net loss of $0.09 per diluted share  Operating loss of $0.16 per diluted share Fourth Quarter 2015 Highlights Gross written premiums down 10.7% to $25.2 million, compared to

AppFolio, Inc. Announces Fourth Quarter and Full Year 2015 Financial Results

SANTA BARBARA, Calif., Feb. 22, 2016 (GLOBE NEWSWIRE) — AppFolio, Inc. (NASDAQ:APPF), a leading provider of cloud-based business software solutions, today announced results for the fourth quarter and full year ended December 31, 2015. Fourth Quarter and Full Year 2015 Highlights Fourth quarter revenue was $20.4 million, an increase of 54% period-over-period. 2015 revenue was $75.0 million, an increase of 57% compared to 2014. Fourth quarter GAAP net loss was $3.9 million, or a net loss of $0.12 per share; Non-GAAP net loss was $3.5 million, or a net loss of $0.10 per share. 2015 GAAP net loss was $15.7 million,

HILCO REAL ESTATE TO SELL HISTORIC CORNCOPIA GOLDMINE IN HALFWAY, OREGON

NORTHBROOK, Ill., Feb. 22, 2016 (GLOBE NEWSWIRE) — Hilco Real Estate, LLC announces the offering of the historic Cornucopia Mine in Halfway, Oregon. This rare property is located on the site of a former Gold Rush boomtown and includes an expanse of nearly 900 acres of surface land. Subsurface mining claims include 1,000 acres of patented claims, 170 acres of unpatented lode claims, and 1,560 acres of unpatented placer claims. Gold was first discovered at Cornucopia in 1884, and it was platted as a town in 1886. By the turn of the twentieth century, the gold rush had ended; however,

Authentidate Announces Second Quarter Financial Results

BERKELEY HEIGHTS, N.J., Feb. 22, 2016 (GLOBE NEWSWIRE) — Authentidate Holding Corp. (OTCQB:ADAT), a provider of secure web-based revenue cycle management applications and telehealth products and services for healthcare organizations, today announced financial results for the three-month and six-month periods ended December 31, 2015. These results do not reflect the business combination with AEON Clinical Laboratories because it was completed after December 31, 2015. However, all share and per share amounts have been restated for all periods presented to give effect to the one-for-nine reverse stock split completed on January 22, 2016. Richard Hersperger, Chief Executive Officer of Authentidate, stated,

Stereotaxis Reports 2015 Fourth Quarter and Full Year Financial Results

New capital orders of $5.1 million in the fourth quarter, including two Niobe® ES system orders in Japan Fourth quarter free cash flow of $1.6 million, driving a 71% reduction in full year cash burn compared to 2014 Ventricular Tachycardia procedures in the fourth quarter grew 28% year over year, with increased clinical evidence supporting Stereotaxis’ technology as the standard of care Total revenue for 2015 increased 8% year over year to $37.7 million Full year systems revenue increased 36% year over year on seven Niobe® ES system sales, up from three in 2014 Conference call today at 4:30 p.m.

PHOTO RELEASE–Huntington Ingalls Industries Welcomes The Apprentice School’s Graduating Class of 2015 to Newport News Shipbuilding

NEWPORT NEWS, Va., Feb. 22, 2016 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) hosted commencement exercises on Saturday for 170 graduates of the company’s Apprentice School located at Newport News Shipbuilding. The exercises were held at the Liberty Baptist Church Worship Center in Hampton in celebration of the graduating class of 2015. Sen. Tim Kaine, D-Va., delivered the keynote address. Discussing his work as founder and co-chair of the Career and Technical Education (CTE) Caucus, Kaine explained that the caucus uses The Apprentice School as “the national model that others should emulate.” He argued that The Apprentice School holds national

International Doctor Booking Announces a New Book on Affordable Health Care Model Titled ‘One Dollar Health Insurance'

NEW CARROLLTON, Md., Feb. 22, 2016 (GLOBE NEWSWIRE) — The book, titled ‘One Dollar Health Insurance’, ‘How to Engage Health Insurances in Having a Protective Product for Low-Income Populations and Get Profits’ and published by International Doctor Booking, LLC, USA, illustrates the lowest possible health insurance premium to those with a low income focusing only on covering a limited number of expensive health care risks and the highest financing value of healthcare services. A photo accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5633b0a8-fb72-426b-920c-0951172b8124 It is a social business model based on the postulation that “I need insurance to rescue me when I’m sick

Authentidate Announces Second Quarter Financial Results

BERKELEY HEIGHTS, N.J., Feb. 22, 2016 (GLOBE NEWSWIRE) — Authentidate Holding Corp. (OTCQB:ADAT), a provider of secure web-based revenue cycle management applications and telehealth products and services for healthcare organizations, today announced financial results for the three-month and six-month periods ended December 31, 2015. These results do not reflect the business combination with AEON Clinical Laboratories because it was completed after December 31, 2015. However, all share and per share amounts have been restated for all periods presented to give effect to the one-for-nine reverse stock split completed on January 22, 2016. Richard Hersperger, Chief Executive Officer of Authentidate, stated,