Day: March 9, 2016

Gulfport Energy Corporation Announces Pricing of Upsized Common Stock Offering

OKLAHOMA CITY, March 09, 2016 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ:GPOR) (“Gulfport”) announced today the pricing of an underwritten public offering of 14,700,000 shares of its common stock at a price to the public of $25.25 per share. The 14,700,000 share offering represents a 700,000 share upsize to the originally proposed 14,000,000 share offering. The underwriters have a 30-day option to purchase up to an additional 2,205,000 shares from Gulfport at the public offering price per share (less the underwriting discount). The offering is expected to close on March 15, 2016, subject to customary closing conditions. Net proceeds to

Ambac Responds to Canyon Capital’s Accusations

NEW YORK, March 09, 2016 (GLOBE NEWSWIRE) — Ambac Financial Group, Inc. (Nasdaq:AMBC) (“Ambac”), a holding company whose subsidiaries, including Ambac Assurance Corporation (“AAC”), provide financial guarantees and other financial services, today responded to the most recent public attacks made by Canyon Capital Advisors LLC (“Canyon”). Ambac is disappointed in Canyon’s blatant and repeated attempts to coerce Ambac and its regulator into accelerating Canyon’s creditor claims by making a public, unfounded and irresponsible attack on Ambac’s Board and CEO.  Given that Canyon’s creditor interests dwarf any position it may have in Ambac’s equity, its economic motivations are transparent.  Accordingly, Ambac

CORRECTING and REPLACING — Pacific Ethanol Reports Fourth Quarter and Year-End 2015 Results

SACRAMENTO, Calif., March 09, 2016 (GLOBE NEWSWIRE) — In a press release issued earlier today by Pacific Ethanol, Inc. (NASDAQ:PEIX), please note that the financial data related to Adjusted EBITDA have been corrected. The full, corrected version follows: – Acquisition of Midwest Assets Contributed to 4Q15 Net Sales Growth of 47% Over Prior Year and Record 4Q15 Total Gallons Sold of 213.5 Million –– GAAP Net Loss Per Share Was $0.03, Adjusted Net Income Per Share Was $0.02 and Adjusted EBITDA Was $11.0 Million for 4Q15 – Pacific Ethanol, Inc. (NASDAQ:PEIX), a leading producer and marketer of low-carbon renewable fuels in the

FuelCell Energy Reports First Quarter 2016 Financial Results and Business Update

Twenty Year Power Purchase Agreement announced with Pfizer Inc. Continuing to advance 63 megawatt Beacon Falls Energy Park development Backlog increased $22.5 million sequentially – third quarterly sequential increase DANBURY, Conn., March 09, 2016 (GLOBE NEWSWIRE) —  FuelCell Energy, Inc. (Nasdaq:FCEL), a global leader in the design, manufacture, operation and service of ultra-clean, efficient and reliable fuel cell power plants, today reported financial results for its first quarter ended January 31, 2016 and key business highlights.  Financial Results FuelCell Energy (the Company) reported total revenues for the first quarter of 2016 of $33.5 million compared to $41.7 million for the

Yappn Continues Its Real-Time Language Services Commitment to Digital Widget Factory After Its Purchase by Intelligent Content Enterprises Inc.

NEW YORK, March 09, 2016 (GLOBE NEWSWIRE) — Yappn Corp. (“Yappn” or “Company”) (OCTQB:YPPN), a leader in real-time language technology and translation, announces today that it has negotiated a revised three (3) year Master Service Agreement (“MSA”) with Intelligent Content Enterprises Inc. (“ICE”) with respect to its Digital Widget Factory Inc. (Ontario) platform.  Yappn will continue to service ICE directly through the MSA under the revised fee for services program. On March 4, 2016 Intelligent Content Enterprises Inc. announced the acquisition of all of the assets and ongoing operations of Digital Widget Factory (Belize)(“DWF Belize”).   DWF Belize’s payables to Yappn

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date February 29, 2016

NEW YORK, March 09, 2016 (GLOBE NEWSWIRE) — At the end of the settlement date of February 29, 2016, short interest in 2,296 Nasdaq Global MarketSM securities totaled 8,306,919,216 shares compared with 8,298,190,416 shares in 2,300 Global Market issues reported for the prior settlement date of February 12, 2016. The end-of-February short interest represents 4.05 days average daily Nasdaq Global Market share volume for the reporting period, compared with 3.95 days for the prior reporting period. Short interest in 749 securities on The Nasdaq Capital MarketSM totaled 761,337,579 shares at the end of the settlement date of February 29, 2016

Kay Properties and Investments, LLC Successfully Completes 100% of the Equity Raise on a 506c Delaware Statutory Trust (DST) Property in Raleigh, NC.

LOS ANGELES and RALEIGH, N.C., March 09, 2016 (GLOBE NEWSWIRE) — Kay Properties and Investments, LLC has successfully completed the equity raise of another DST 1031 exchange property in Raleigh, NC.  The property is 100% occupied by Raleigh Pediatrics, which is one of Raleigh’s oldest and most respected pediatric medical practices. The property was made available exclusively to accredited clients of Kay Properties and Investments, LLC seeking to complete a 1031 exchange as well as those wanting to make direct cash investments. Dwight Kay, Founder and CEO of Kay Properties and Investments, LLC commented “This was believed by many to

POLITICO to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, March 09, 2016 (GLOBE NEWSWIRE) — What: POLITICO, the leading global news and information company at the intersection of politics and policy, will visit the Nasdaq MarketSite in Times Square. POLITICO is hosting a live event “America’s Fiscal Future” at Nasdaq MarketSite featuring conversations on how policy, politics and national trends are influencing the fiscal landscape. In honor of the occasion, Ben White, POLITICO’s Chief Economic Correspondent and Mohamed A. El-Erian, Chief Economic Advisor, Allianz & Chair, President Obama’s Global Development Council, will ring the Opening Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio

Artesian Resources Corporation Reports 4th Quarter and 2015 Year End Earnings

NEWARK, Del., March 09, 2016 (GLOBE NEWSWIRE) — Artesian Resources Corporation (NASDAQ:ARTNA), a leading provider of water, wastewater services and related services on the Delmarva Peninsula, today announced revenue and income for 2015. Revenues were $77.0 million, up 6.3% from $72.5 million in 2014. Net income increased 18.9% to $11.3 million, compared to $9.5 million in 2014.  Diluted net income per common share was up 17.8% at $1.26 for 2015 compared to $1.07 for 2014.  Water sales revenues increased 6.6% to $68.9 million in 2015 from $64.7 million in 2014. The increase in water sales resulted primarily from two incremental

BioMark Announces Private Placement Offering

VANCOUVER, British Columbia, March 09, 2016 (GLOBE NEWSWIRE) — BioMark Diagnostics Inc. (“BioMark” or the “Company”) (CSE:BUX) (FSE:20B) (OTCQB:BMKDF) is pleased to announce a non-brokered Private Placement for up to 4,000,000 Units at a price of $0.15 per Unit to raise gross proceeds of up to $600,000. Each Unit will consist of one common share of BioMark and one-half of one share purchase warrant. One whole share purchase warrant will entitle the holder thereof to purchase one common share of BioMark at $0.30 per share for a period of one year from the closing date of the private placement. President

Autobytel Gears Up to Announce 2015 Dealer of the Year at NADA in Las Vegas; Highlights Full List of Exceptional 2015 Monthly Winners

IRVINE, Calif., March 09, 2016 (GLOBE NEWSWIRE) — Autobytel Inc. (Nasdaq:ABTL), a leading provider of online automotive services connecting consumers with dealers, is gearing up to announce the winner of its prestigious 2015 Dealer of the Year Award on Saturday, April 2, 2016 at 1:30pm PDT, at the NADA Convention & Expo in Las Vegas. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0d695b00-a0cc-4f28-b85e-9af8014cf74b The official awards presentation will be made at the Autobytel convention booth, #2267C. The company recently announced three exceptional #ABTLDealerStars as winners of the Autobytel Dealer of the Month Award for Q4 2015. The winners all

Nasdaq Agrees to Acquire International Securities Exchange

   Strengthens Nasdaq as a Premier Options Exchange Operator Transaction expected to be accretive within 12 months of closing NEW YORK, March 09, 2016 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) today announced it has agreed to acquire International Securities Exchange (ISE), an operator of three electronic options exchanges, from Deutsche Börse Group. The acquisition allows Nasdaq to improve efficiencies for clients, broaden its technology offering, and provides the capability within the equity options industry to innovate and experiment. The transaction is expected to be accretive to Nasdaq earnings within 12 months of closing and deliver attractive returns on capital. Nasdaq does not

ADT Announces Early Termination of Hart-Scott-Rodino Waiting Period

BOCA RATON, Fla., March 09, 2016 (GLOBE NEWSWIRE) — The ADT Corporation (NYSE:ADT) today announced that the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) with respect to the pending acquisition of ADT by an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC (NYSE:APO) and merger with Prime Security Services Borrower, LLC.  As previously announced, the combined company will operate primarily under the ADT brand. The termination of the waiting period under the HSR Act satisfies one of the conditions to the closing of

KCAP Financial, Inc. Announces Full Year 2015 Financial Results

NEW YORK, March 09, 2016 (GLOBE NEWSWIRE) — KCAP Financial, Inc. (Nasdaq:KCAP) (the “Company”) announces its full year 2015 financial results. Financial Highlights Net investment income for the year ended December 31, 2015 was approximately $24.2 million, or $0.65 per basic share, compared with $20.1 million, $0.59 per basic share in 2014.  Taxable distributable income for the year was $0.63 per basic share.  Cash distributed by the Asset Manager Affiliates in excess of taxable earnings was $0.10 per basic share for the year.  Resources available for distribution, a non-GAAP measure, was $0.73 per basic share for the year.  KCAP Financial,

School Specialty Announces Short Year 2015 Financial Results

SY15 Revenues increased $15.6 million or 3.2% vs. SY14. SY15 SG&A expenses declined $7.5 million or 4.6% vs. SY14. SY15 Adjusted EBITDA of $50.6 million improved by $4.9 million or 10.8% vs. SY14. SY15 Free cash flow (leveraged) of $40.2 million, a $30.8 million year-over-year improvement vs. SY14. Management provides guidance for Fiscal 2016; anticipates revenue growth of 2.5% – 3.0% and Adjusted EBITDA growth of 6.7% – 15.6% versus the comparable 2015 period. GREENVILLE, Wis., March 09, 2016 (GLOBE NEWSWIRE) — School Specialty, Inc. (OTCQB:SCOO) (“School Specialty”, “SSI” or “the Company”), a leading distributor of supplies, furniture and both

Amyris Reports Fourth Quarter and Fiscal Year 2015 Financial Results

Q4 2015 product sales marked third consecutive quarter of double-digit percentage growth, Q4 2015 GAAP revenues of $9.8 million including $5.2 million of product sales, negatively impacted by delay in shipment and revenue recognition of several sales; Q4 revenue of $20.7 million adjusting for these impacts Expected 2016 non-GAAP revenue in the $90 million-$105 million range and anticipated benefit to cash flow from planned sale of non-core assets expected to generate approximately $40 million-$60 million in net proceeds. EMERYVILLE, Calif., March 09, 2016 (GLOBE NEWSWIRE) — Amyris, Inc. (Nasdaq:AMRS), the industrial bioscience company, today announced financial results for the fourth

Agile Therapeutics Reports Fourth Quarter and Full Year 2015 Financial Results

PRINCETON, N.J., March 09, 2016 (GLOBE NEWSWIRE) — Agile Therapeutics, Inc. (Nasdaq:AGRX), a women’s health specialty pharmaceutical company focused on the development and commercialization of new prescription contraceptive products, today reported financial results for the three months and year ended December 31, 2015 and provided a corporate update for the fourth quarter 2015. Fourth quarter 2015 and other recent corporate developments include: In December 2015, the Company announced that it had received net proceeds of approximately $6.0 million in non-dilutive financing through the State of New Jersey’s Technology Business Tax Certificate Transfer Program.  In February 2016, the Company announced completion

MidwayUSA Returns as Presenting Sponsor of 2016 NRA Bianchi Cup

COLUMBIA, Mo., March 9, 2016 (GLOBE NEWSWIRE) — For the eighth consecutive year, MidwayUSA will return as the presenting sponsor of the 2016 National Action Pistol Championship. Better known as the NRA Bianchi Cup for its world famous silver trophy, this major action pistol match will be held May 24-28, 2016 in Columbia, Missouri. Sign up to compete at https://bianchicup.nra.org/bianchiregistration. “The Bianchi Cup has come a long way since its inception back in 1979, and it’s still as exciting as ever. Brenda and I look forward to watching some of the best competitive shooters in the world practice both discipline

SAExploration Announces Fourth Quarter and Fiscal Year 2015 Consolidated Financial Results

HOUSTON, March 09, 2016 (GLOBE NEWSWIRE) — SAExploration Holdings, Inc. (NASDAQ:SAEX) (OTCBB:SAEXW) today announced its consolidated financial results for the fourth quarter (“Q4”) and fiscal year ended December 31, 2015. Fiscal Year 2015 Summary Revenue of $228.1 million, compared to $386.8 million in 2014 Gross profit, excluding depreciation expense, of $68.9 million, compared to $71.4 million last year Gross margin, excluding depreciation expense, of 30.2%, up significantly from 18.5% in 2014 Adjusted EBITDA of $37.1 million, up 8.8% from $34.1 million last year Adjusted EBITDA margin of 16.3%, a meaningful increase from 8.8% in 2014 Diluted EPS of $(0.63), up

Gulfport Energy Corporation Launches Common Stock Offering

OKLAHOMA CITY, March 09, 2016 (GLOBE NEWSWIRE) — Gulfport Energy Corporation (NASDAQ:GPOR) (“Gulfport”) today announced the commencement of an underwritten public offering of 14,000,000 shares of its common stock, subject to market and other conditions. The underwriters will have a 30-day option to purchase up to an additional 2,100,000 shares from Gulfport. Gulfport intends to use the net proceeds from this offering primarily to fund a portion of its 2017 capital development plan and for general corporate purposes. Credit Suisse Securities (USA) LLC and Scotia Capital (USA) Inc. are acting as joint book-running managers in the offering. Copies of the