Day: October 19, 2017

Saia LTL Freight to Celebrate Grand Opening of New Missouri Terminal

JOHNS CREEK, Ga., Oct. 19, 2017 (GLOBE NEWSWIRE) — Saia, Inc. (NASDAQ:SAIA) will celebrate the completion of its new state-of-the-art Saia LTL Freight cross-dock facility in St. Peters, Mo. on Oct. 23 with a ribbon cutting ceremony. St. Peters is situated approximately 35 miles west of St. Louis. “We are very excited about this new facility as it is four times the size of our previous St. Louis-area terminal,” said Ray Ramu, the company’s executive vice president and chief customer officer. “It’s a substantial investment in the community and its completion will allow us to meet the growing demands of

Equity Bancshares, Inc. Completes Robust Third Quarter, Two Oklahoma Mergers Approved By Shareholders and Regulators

WICHITA, Kan., Oct. 19, 2017 (GLOBE NEWSWIRE) — Equity Bancshares, Inc. (NASDAQ:EQBK), (“Equity”, “we”, “us”, “our”), the Wichita-based holding company of Equity Bank, reported its results for the third quarter ended September 30, 2017, including net income allocable to common stockholders of $5.2 million and diluted earnings per share of $0.41. Year-to-date 2017 net income allocable to common stockholders was $16.4 million and $1.33 per diluted share. Merger expenses accounted for $1.0 million ($748 thousand on an after-tax basis), or $0.06 per diluted share in the third quarter and $2.1 million ($1.4 million on an after-tax basis), or $0.11 per

Codorus Valley Bancorp, Inc. Reports Third Quarter 2017 Earnings

YORK, Pa., Oct. 19, 2017 (GLOBE NEWSWIRE) — Codorus Valley Bancorp, Inc. (Codorus Valley, or the Corporation) (NASDAQ:CVLY), parent company of PeoplesBank, a Codorus Valley Company (PeoplesBank), today announced net income available to common shareholders (earnings) of $3.4 million or $0.38 per share basic and diluted, for the quarter ended September 30, 2017, as compared to earnings of $3.4 million or $0.39 per share basic and $0.38 per share diluted, for the third quarter of 2016.  For the first nine months of 2017, earnings were $10.5 million or $1.19 per share basic and $1.17 per share diluted, compared to $9.2

Approach Resources Inc. Schedules Third Quarter 2017 Earnings Call, Provides Operational and Guidance Update

FORT WORTH, Texas, Oct. 19, 2017 (GLOBE NEWSWIRE) — Approach Resources Inc. (“Approach” or the “Company”) (NASDAQ:AREX), has scheduled an earnings call to discuss third quarter results of operations for November 3, 2017.  The Company also provided an update on recent well results and updated estimates for third quarter and full year 2017.  The Company remains on track to deliver full-year production volumes consistent with the lower end of previously announced guidance, despite impacts from Hurricane Harvey, while capital spending is expected to be below the lower end, and 20% below the midpoint, of prior guidance.  The Company completed two

PROREIT Announces October 2017 Distribution

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION THROUGH UNITED STATES NEWS OR WIRE SERVICES. MONTREAL, Oct. 19, 2017 (GLOBE NEWSWIRE) — PRO Real Estate Investment Trust (“PROREIT” or the “REIT”) (TSXV:PRV.UN) announced today that a cash distribution of $0.0175 per trust unit of the REIT (“Units”) for the month of October, 2017 will be payable on November 15, 2017 to unitholders of record as at October 31, 2017. Most unitholders can participate in PROREIT’s distribution reinvestment plan (the “DRIP”). The DRIP provides unitholders with an opportunity to conveniently and economically increase their ownership in PROREIT. Under the DRIP,

Westwood Holdings Group, Inc. Settles Lawsuit

DALLAS, Oct. 19, 2017 (GLOBE NEWSWIRE) — AGF, Westwood, Patricia Perez-Coutts and a number of related parties wish to announce that they have resolved the AGF and Westwood actions arising from the simultaneous resignations of Ms. Perez-Coutts and four other employees of AGF in 2012, who left to join Westwood. Westwood has made a substantial payment to AGF in order to resolve these matters. Neither party admitted liability, nor any of the allegations in any of the actions. Blake Goldring, CEO of AGF, and Brian Casey, CEO of Westwood, both believe the resolution is fair and reasonable and in the

NioCorp CEO Mark Smith Increases His Personal Stake in NioCorp in Order to Accelerate the Company’s Current Elk Creek Project Finance Efforts

CENTENNIAL, Colo., Oct. 19, 2017 (GLOBE NEWSWIRE) — NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) announces that CEO and Executive Chairman Mark Smith is increasing his personal stake in the Company by providing USD $180,000 in funding under an existing credit facility with the Company in order to accelerate NioCorp’s ongoing Elk Creek project finance efforts. The funding from Mr. Smith is being provided under a previously disclosed credit facility between Mr. Smith and the Company. “The effort to secure project financing sufficient to move the Elk Creek Project to a construction start is progressing well, but

MVC Capital Reaffirms its Commitment to Executing its Long-Term Investment Strategy and Enhancing Value for Shareholders

PURCHASE, N.Y., Oct. 19, 2017 (GLOBE NEWSWIRE) — MVC Capital, Inc. (NYSE:MVC) (the “Company” or “MVC”), a publicly traded business development company (BDC) that makes private debt and equity investments, today announced that leading independent proxy advisory firms Glass Lewis (“Glass Lewis”) and Egan-Jones Rating Company (“Egan-Jones”) have recommended that MVC shareholders vote “AGAINST” the shareholder proposal to cease new investments at the Company’s upcoming 2017 Annual Meeting of Stockholders on October 31, 2017. In making its recommendations, Glass Lewis noted*: “We do not find a clear showing by the proponents that shareholders should, in this instance, supplant the judgment of

Ziyen Inc. oil sample report confirms high grade nice light crude

SAN DIEGO, Oct. 19, 2017 (GLOBE NEWSWIRE) — Ziyen Energy, a division of Ziyen Inc., completes compositional analysis for first oil contract petroleum sample.  Geological reports compiled by Adena Resources LLC indicate 62,265 bbl (barrels) of proven oil reserves and 715,000 bbl of probable oil reserves (valued in excess of $36 million) in Ziyen Energy’s recently acquired oil lease. Ziyen recently enlisted the services of Core Laboratories (UK), Petroleum Services Division in September to perform a compositional analysis of an oil sample sourced from the oil lease in Evansville, Indiana. High level points: The reserve is a nice light crude,

Chemung Financial Corporation Reports Third Quarter 2017 Net Income of $3.7 Million, or $0.76 per Share

ELMIRA, N.Y., Oct. 19, 2017 (GLOBE NEWSWIRE) — Chemung Financial Corporation (the “Corporation”) (Nasdaq:CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income of $3.7 million, or $0.76 per share, for the third quarter of 2017, compared to $2.7 million, or $0.58 per share, for the third quarter of 2016. Anders M. Tomson, Chemung Financial Corporation CEO, stated: “Our continued focus on our customers and clients produced another quarter of strong results, recognizing solid growth in net interest income, earnings, loans, and deposits.  To continue our growth in loans and deposits, we are excited to

HORNBLOWER’S WHALE WATCHING ADVENTURES GIVE PASSENGERS THE THRILL OF A LIFETIME

San Diego, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — Starting December 9th, Hornblower Cruises & Events will once again offer San Diego visitors and residents, the epic experience of getting up close and personal with some of the most magnificent creatures on earth – guaranteed. For over 25 years, Hornblower’s captains have introduced thousands of passengers to the wonder and excitement of whale watching in Southern California. There is no better, safer and drier way to witness the whale migration as thousands of grays, finbacks and humpbacks journey off the coast. As Hornblower’s yacht heads out to the Pacific, passengers

Human Presence in Lunar Orbit One Step Closer with Successful RS-25 Engine Test

STENNIS SPACE CENTER, Miss., Oct. 19, 2017 (GLOBE NEWSWIRE) — Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), test-fired its RS-25 engine, E2063, for 500 seconds today at NASA’s Stennis Space Center in Mississippi. This is the second RS-25 engine Aerojet Rocketdyne has tested for NASA’s second Exploration Mission (EM-2). A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/227ae5b5-d2f2-4c0b-9b7f-040bda963322 EM-2 will be the first mission to launch astronauts aboard the Orion spacecraft with the Exploration Upper Stage (EUS) on top of the Space Launch System (SLS). “This is an exciting time in human spaceflight as we move beyond

Veritex Holdings, Inc. Receives Regulatory Approval for Liberty Bancshares, Inc. Merger

DALLAS, Oct. 19, 2017 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (NASDAQ:VBTX) (“Veritex” or “the Company”), the parent holding company of Veritex Community Bank, today announced that the Board of Governors of the Federal Reserve System approved the Company’s regulatory application to merge with Liberty Bancshares, Inc. (“Liberty”). Veritex’s Chairman and Chief Executive Officer Malcolm Holland stated, “I’m pleased to announce that we received the final regulatory approval required to complete our merger with Liberty Bancshares. Thanks to the hard work of both Liberty and Veritex teams, we are working to close this acquisition on or around December 1, 2017. I’m

Sierra Monitor Corporation to Announce Third Quarter Results on October 26, 2017

MILPITAS, Calif., Oct. 19, 2017 (GLOBE NEWSWIRE) — Sierra Monitor Corporation (SRMC) (OTCQB:SRMC) today announced that it will host a conference call to discuss third quarter 2017 financial results on Thursday, October 26, 2017 at 10:00 AM Pacific Time.  A press release with third quarter 2017 financial results will be issued at approximately 8 AM Pacific Time that same day. The conference call can be accessed live over the phone by dialing (844) 392-1914 or for international callers by dialing +1 (270) 823-1072.  About Sierra Monitor Corporation Sierra Monitor Corporation addresses the industrial and commercial facilities management market with Industrial Internet of Things (IIoT) solutions that connect and

Kokos Group, Inc. Will File FINRA Notice for Name Change from Kokos Group, Inc. to China WuYi Mountain, Ltd.

LOS ANGELES, Oct. 19, 2017 (GLOBE NEWSWIRE) — Kokos Group, Inc. (“KOKG” and/or “Company”), which is a publicly traded company under the ticker symbol KOKG announced today that it will file a Notice with FINRA to change the Company name from Kokos Group, Inc. to China WuYi Mountain, Ltd. Such name change is anticipated to take effect within 2-4 weeks. Lei WangChief Executive Officer of Kokos Group, Inc. 1900 Avenue of the StarsLos Angeles, CA 90067(310) 203-2902

Justin Lambeth Joins NatureSweet, LTD. Leadership Team

San Antonio, TX, Oct. 19, 2017 (GLOBE NEWSWIRE) — SAN ANTONIO – October 19, 2017 – NatureSweet® Tomatoes today announced the addition of Justin Lambeth as its Chief Commercial Officer.    In his new executive-level role, Lambeth is responsible for the commercial strategy of the company and activities related to marketing, sales, product development, and customer service to drive business growth and market share.  He will report directly to CEO and President Bryant Ambelang.   Lambeth was founder and principal of The Lambeth Group LLC, a strategic marketing and innovation consultancy. His background includes extensive experience leading global, multi-billion-dollar brands

Mammoth Energy Announces that its Cobra Subsidiary has Entered into a Contract to Aid in the Rebuilding of Puerto Rico’s Energy Infrastructure

OKLAHOMA CITY, Oct. 19, 2017 (GLOBE NEWSWIRE) — Mammoth Energy Services, Inc. (“Mammoth”) (NASDAQ:TUSK) today announced that its wholly owned subsidiary, Cobra Acquisitions LLC, has signed a contract to aid in the restoration of utility infrastructure on the island of Puerto Rico. Cobra, a utility infrastructure business focused on the repair and construction of transmission and distribution (T&D) networks, will perform the work. The contract will commence immediately and is expected to generate revenue of up to $200 million over the initial 120 days.  Arty Straehla, Mammoth’s Chief Executive Officer, stated, “We are honored to be chosen to help restore

Andrew Peller Ltd. Announces Timing of Second Quarter Fiscal 2018 Results & Conference Call

GRIMSBY, Ontario, Oct. 19, 2017 (GLOBE NEWSWIRE) — Andrew Peller Limited (TSX:ADW.A) (TSX:ADW.B) will issue its financial results for the three and six months ended September 30, 2017 on: The afternoon of Wednesday, November 1, 2017 A telephone conference call hosted by John Peller, Chief Executive Officer, Randy Powell, President, and Brian Athaide, Chief Financial Officer will be held: Wednesday, November 1, 2017 at 3.30 pm ET The telephone numbers for the conference call are: Local Toronto / International: (416) 340-2216North American Toll Free: (866) 223-7781 The telephone numbers to listen to the call after it is completed (Instant Replay)

Euronet Worldwide Reports Third Quarter 2017 Financial Results

LEAWOOD, Kan., Oct. 19, 2017 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc. (“Euronet” or the “Company”) (NASDAQ:EEFT), a leading electronic payments provider, reports third quarter 2017 financial results. Euronet reports the following consolidated results for the third quarter 2017 compared with the same period of 2016: Revenues of $637.8 million, a 22% increase from $524.0 million (18% increase on a constant currency(1) basis). Operating income of $116.9 million, a 29% increase from $90.5 million (24% increase on a constant currency basis). Adjusted operating income(2) of $117.0 million, a 29% increase from $90.5 million (24% increase on a constant currency basis). Adjusted

HMN Financial, Inc. Announces Third Quarter Results

Third Quarter Summary Net income of $1.8 million, up $0.4 million, compared to net income of $1.4 million in third quarter of 2016  Diluted earnings per share of $0.37, up $0.07, compared to $0.30 in third quarter of 2016 Net interest income of $6.8 million, up $0.2 million from third quarter of 2016 Interest income yield enhancements decreased $0.3 million in third quarter of 2017 compared to third quarter of 2016 Provision for loan losses of ($0.6) million, down $0.7 million from $0.1 million in third quarter of 2016 Year to Date Summary Net income of $4.0 million, down $0.7