Day: September 6, 2016

London ranks top in PwC Cities of Opportunity Index, followed by Singapore and Toronto

European cities – London, Paris, Amsterdam – make a strong showing in biennial PwC study Economic clout, ease of doing business, education, technology readiness, location and access, amongst key measures London performance underlines strengths and potential areas for competition post Brexit City risk resilience and tax profiles assessed LONDON, Sept. 06, 2016 (GLOBE NEWSWIRE) — London claims pole position for the second time in a row in a comprehensive benchmarking study of 30 leading business centres globally, boding well for its ability to withstand post–Brexit competition on a number of fronts. Singapore comes second in PwC’s Cities of Opportunity Index;

Kona Grill Announces Adoption of Stockholder Rights Plan

SCOTTSDALE, Ariz., Sept. 06, 2016 (GLOBE NEWSWIRE) — Kona Grill, Inc. (NASDAQ:KONA), an American grill and sushi bar, announced today that its Board of Directors adopted a Stockholder Rights Plan. Under the Rights Plan, Kona Grill will declare a dividend distribution of one Preferred Share Purchase Right for each outstanding share of the Company’s common stock held by stockholders of record as of the close of business on September 16, 2016. Berke Bakay, President and CEO of Kona Grill, said, “The Rights Plan is designed to assure that our stockholders receive fair and equal treatment in the event of any

Aviragen Therapeutics Announces Inducement Grant for New Employees

ATLANTA, Sept. 06, 2016 (GLOBE NEWSWIRE) — Aviragen Therapeutics, Inc. (NASDAQ:AVIR) (formerly Biota Pharmaceuticals, Inc.), a pharmaceutical company that is developing the next generation of antivirals, announced today that the Company has granted two new hires options to purchase an aggregate of 125,000 shares of the Company’s common stock with a per share exercise price of $1.33, the closing price on August 31, 2016. The stock options have a ten-year term and vests over a period of four years, with one-fourth vesting on the first anniversary of the grant date and one-fourth vesting on each of the three succeeding anniversaries.

LAWSUIT ALERT – Andrews & Springer LLC Announces That A Lawsuit Has Been Filed By A Law Firm Against Former Executives of Superior Energy Services – SPN

WILMINGTON, Del., Sept. 06, 2016 (GLOBE NEWSWIRE) — Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announces that a breach of fiduciary duty and fraud lawsuit has been filed by another law firm on behalf of Superior Energy Services, Inc. (NYSE:SPN) (“Superior Energy” or the “Company”) for possible corporate misconduct. The lawsuit was filed in the District Court of Harris County, Texas on April 19, 2016, Case No. 2016-24818. A copy of the complaint is available here. If you currently own shares of Superior Energy and want to receive additional information and protect

Ollie’s Bargain Outlet Holdings, Inc. Announces Secondary Public Offering

HARRISBURG, Pa., Sept. 06, 2016 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) (“Ollie’s” or the “Company”) today announced that affiliates of CCMP Capital Advisors, LP (“CCMP”) intend to offer 13,725,798 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), in an underwritten public offering. The offering consists entirely of secondary shares to be sold by CCMP. CCMP will receive all of the proceeds from the offering. No shares are being sold by the Company or any of its officers and directors in this offering. J.P. Morgan and BofA Merrill Lynch are serving as the underwriters for the proposed offering.

Nasdaq August 2016 Volumes

NEW YORK, Sept. 06, 2016 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) today reported monthly volumes for August 2016, on its investor relations website.  A data sheet showing the monthly volumes and quarterly capture rates can be found at: http://ir.nasdaq.com/monthly-reporting/ About Nasdaq Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first

National Interstate Insurance Company Named 2016 NorthCoast 99 Winner for Sixth Year

RICHFIELD, Ohio, Sept. 06, 2016 (GLOBE NEWSWIRE) — National Interstate Insurance Company is proud to be recognized by ERC as one of Northeast Ohio’s 99 best places to work! This is the sixth time that National Interstate has received this esteemed award. “We’re extremely proud to again be recognized as a NorthCoast 99 winner, and are so thankful to our dedicated team of employees who made this possible,” said Tony Mercurio, President and Chief Executive Officer of National Interstate.  “Our corporate tag line is ‘An Insurance Experience Built Around You’, and this applies to our employees as well.  We have

HealthEquity Reports Second Quarter Ended July 31, 2016 Financial Results

Highlights of the second quarter include: Revenue of $44.2 million, an increase of 45% compared to Q2 FY16. Net income of $8.2 million, an increase of 86% compared to Q2 FY16. Net income per diluted share of $0.14 compared to $0.08 in Q2 FY16. Adjusted EBITDA of $18.4 million, an increase of 66% compared to Q2 FY16. Non-GAAP earnings per diluted share of $0.16, compared to $0.09 in Q2 FY16. HSA Members grew to 2.3 million, an increase of 50% compared to Q2 FY16. Total AUM grew to $4.2 billion, an increase of 60% compared to Q2 FY16. Increased FY17

Quanex Building Products Announces Third Quarter 2016 Results

Margin Expansion Continues Debt Refinancing Complete HOUSTON, Sept. 06, 2016 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the quarter ended July 31, 2016. Third Quarter 2016 Highlights Net sales increased 38% to $248.1 million compared to $180.2 million in Q3 2015 Loss from continuing operations of $4.0 million, driven largely by interest expense related to the debt refinancing, compared to income from continuing operations of $6.5 million in Q3 2015 Adjusted EBITDA increased 32% to $33.1 million versus $25.1 million in Q3 2015 Debt refinancing complete, significantly reducing future annual

DataWind Provides Update Regarding Key Performance Indicators & its Annual and Quarterly Filings

MISSISSAUGA, Ontario, Sept. 06, 2016 (GLOBE NEWSWIRE) — DataWind Inc. (TSX:DW), the leader in delivering Internet access to emerging markets, is providing its fifth required bi-weekly default status report, an update on two key performance indicators, and details regarding the reason for the delay in the filing of its audited annual financial statements for the year ended March 31, 2016, the related management’s discussion and analysis (MD&A), certificates of its CEO and CFO, its annual information form and its quarterly financial statements and MD&A for the three month period ended June 30, 2016 (the “Required Annual and Interim Filings”) and

AveXis Announces Proposed Public Offering of 4,000,000 Shares of Common Stock

CHICAGO, Sept. 06, 2016 (GLOBE NEWSWIRE) — AveXis, Inc. (NASDAQ:AVXS) today announced that it intends to offer and sell, subject to market conditions, 3,566,474 shares of its common stock in an underwritten public offering. Additionally, PBM Capital Investments, LLC, an existing stockholder of AveXis, intends to offer and sell 433,526 shares in the proposed offering. AveXis will not receive proceeds from the sale of the shares by the selling stockholder. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or

Editas Medicine to Present at the Morgan Stanley Global Healthcare Conference

CAMBRIDGE, Mass., Sept. 06, 2016 (GLOBE NEWSWIRE) — Editas Medicine, Inc. (NASDAQ:EDIT), a leading genome editing company, today announced that it will present at the Morgan Stanley Global Healthcare Conference on Wednesday, September 14, 2016 at 9:55 a.m. ET in New York City. A live webcast of the presentation will be available on the Investors & Media section of the Editas website at www.editasmedicine.com. An archived replay will be available for approximately 30 days following the presentation.                                                        About Editas MedicineEditas Medicine is a leading genome editing company dedicated to treating patients with genetically-defined diseases by correcting their disease-causing genes. The

Edge Therapeutics Announces Additional Pharmacokinetic Data Supporting the Potential Clinical and Health Economic Impact of EG-1962 in Aneurysmal Subarachnoid Hemorrhage

BERKELEY HEIGHTS, N.J., Sept. 06, 2016 (GLOBE NEWSWIRE) — Edge Therapeutics, Inc. (Nasdaq:EDGE) today announced additional positive pharmacokinetic data from the Phase 1/2 NEWTON (Nimodipine microparticles to Enhance recovery While reducing TOxicity after subarachNoid hemorrhage) study of its lead product candidate EG-1962 for the treatment of patients who have suffered an aneurysmal subarachnoid hemorrhage (aSAH) resulting from a ruptured brain aneurysm. Daniel Hänggi, M.D., Chairman, Department of Neurosurgery, University Medical Center Mannheim, Ruprecht-Karls-University, Heidelberg, Germany and lead NEWTON investigator presented the data today in an oral presentation at the European Association of Neurosurgical Societies’ 16th European Congress of Neurosurgery (EANS

Dave & Buster’s Entertainment, Inc. Announces Second Quarter 2016 Financial Results

Achieves Net Income of $21.5 million and EPS of $0.50Affirms Total Revenues, Net Income, and Adjusted EBITDA Guidance for Fiscal 2016 DALLAS, Sept. 06, 2016 (GLOBE NEWSWIRE) —  Dave & Buster’s Entertainment, Inc., (NASDAQ:PLAY), (“Dave & Buster’s” or “the “Company”), an owner and operator of entertainment and dining venues, today announced financial results for its second quarter 2016, which ended on July 31, 2016.  The Company also affirmed its fiscal 2016 total revenues, net income, and adjusted EBITDA guidance. Key highlights from the second quarter 2016 compared to the second quarter 2015 include: Total revenues increased 12.4% to $244.3 million

Globe Newswire

Why Join Jeb Bush for the 9th Annual National Summit on Education Reform?

TALLAHASSEE, Fla., Sept. 6, 2016 (GLOBE NEWSWIRE) — The Foundation for Excellence in Education announces that general registration for its 2016 National Summit on Education Reform, hosted by former Florida Governor Jeb Bush, is now open. Now in its ninth year, the summit will be held in Washington, D.C. from November 30 to December 2 at the Marriott Marquis Washington D.C. Governor Bush, Chair of the Foundation for Excellence in Education (ExcelinEd), will deliver the keynote address December 1. “Today, too many children are stuck in failing schools, leaving them without the knowledge and skills needed to succeed in the

Crawford Supports Silver Oxysalts™ Symposium at International Society for Burn Injury Congress

DOYLESTOWN, Pa., Sept. 06, 2016 (GLOBE NEWSWIRE) — Crawford Healthcare, Inc. (“Crawford” or the “Company”) recently supported a symposium at the International Society for Burn Injuries Congress (ISBI) in Miami, FL.  The panel, composed of Surgeons and Scientists shared their insights and clinical experience in utilizing the patented silver compound Ag Oxysalts™ Technology to quickly kill bacteria and break through biofilm. A video accompanying this release is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3a7749c6-b81c-4804-8f3d-356ad834838e The symposium was moderated by Dr. Naiem Moiemen, FRCS (Plast), a world renown burn surgeon and the director of the ScarFree Burn Research Centre in Birmingham, UK.  Some of the panel

Technology

StockGuru Profile: bBooth, Inc. (OTCQB: BBTH)

Watch for more details   as we initiate coverage of    bBooth Inc (OTCQB: BBTH)!   Fortune 100 Finance Professional to Join bBooth as CFO Hollywood Tech Company bBooth Taps Fortune 100 Finance Pro as CFO HOLLYWOOD, CA — Rory J. Cutaia, bBooth CEO, is pleased to announce that Jeff Clayborne, MBA, has joined bBooth, Inc. (OTCQB: BBTH) as Chief Financial Officer. Mr. Clayborne comes with more than 20 years’ experience in all aspects of finance, strategy, business development, negotiation, and accounting in the entertainment industry worldwide. “With Jeff, we have a CFO who is a perfect fit to lead

PRA Group Supports Earthquake Disaster Relief with €25,000 Donation to the Italian Red Cross

OSLO, Norway, Sept. 06, 2016 (GLOBE NEWSWIRE) — PRA Group, Inc. (Nasdaq:PRAA), a global leader in acquiring and collecting nonperforming loans, has donated €25,000, nearly $28,000 USD to the Italian Red Cross to support its disaster relief operations. In response to the 6.2 magnitude earthquake that struck the Amatrice area – 100km north-east of Rome on 24 August, PRA Group’s donation will provide much needed funds to assist with the search and rescue aid for survivors, and support people who have been forced to leave their damaged or destroyed homes. “PRA has made a long-term commitment to supporting the Red

30-Year Fixed Mortgage Rates Rise Slightly; Current Rate is 3.29%, According to Zillow Mortgage Rate Ticker

SEATTLE, Sept. 06, 2016 (GLOBE NEWSWIRE) — The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.29 percent, up 2 basis points from this time last week. The 30-year fixed mortgage rose Friday to 3.35 percent, then fell to the current rate on Saturday, hovering there for the rest of the week. “Mortgage rates increased about seven basis points after Friday’s jobs report, although not spectacular, proved sufficient to increase market expectations of a Fed rate hike in September,” said Erin Lantz, vice president of mortgages at Zillow. “This week rates could move around Wednesday’s Beige Book release or

Favor TechConsulting, LLC Awarded Its Fourth SDVOSB Set-Aside Task Order on Department of Veterans Affairs (VA) Transformation Twenty-One Total Technology Next Generation (T4NG): Enterprise Reporting and Analytical Support

VIENNA, Va., Sept. 06, 2016 (GLOBE NEWSWIRE) — Favor TechConsulting, LLC (FTC) — a leading provider of IT solutions to the federal government — announced today that it has been awarded the Department of Veterans Affairs’ (VA) multiple award Transformation Twenty-One Total Technology Next Generation (T4NG) SDVOSB set-aside Task Order, titled, “Enterprise Reporting and Analytical Support.”  On this 72 month, $4.98 million performance based task order, the FTC team will provide operations and maintenance support of the Care in the Community/Revenue Operations (CC/RO) Reporting Systems (currently POWER+) and CC/RO Data Warehouse.  In addition, FTC will support the Veterans Health Administration