Day: June 5, 2018

Women-Owned Startups Deliver Twice as Much Per Dollar Invested as Those Founded by Men

Research by The Boston Consulting Group and MassChallenge Finds that Women Entrepreneurs Receive Less in Financial Backing Than Their Male Counterparts Yet Generate More Revenue for Every Dollar They Receive BOSTON, June 06, 2018 (GLOBE NEWSWIRE) — According to a new publication by The Boston Consulting Group (BCG) and MassChallenge, a global network of startup accelerators, women-owned companies receive far less in startup financing than companies founded by men. Yet startups founded and cofounded by women actually perform better in terms of the revenue they generate. An article that describes the research, “Why Women-Owned Startups Are a Better Bet,” is

Olympia Announces Sale of ATM Business

CALGARY, Alberta, June 05, 2018 (GLOBE NEWSWIRE) — Olympia Financial Group Inc. (TSX:OLY) (“Olympia”) announces that its wholly-owned subsidiary, Olympia ATM Inc. (“Olympia ATM”) has entered into an agreement to sell its automated teller machine business (the “ATM Business”) to Tarman Inc. (“Tarman”), a corporation owned and controlled by Mr. Rick Skauge, President, Chief Executive Officer and Chairman of Olympia.  Mr. Skauge also beneficially owns, or directly or indirectly controls, approximately 29.14% of Olympia’s issued and outstanding common shares. The purchase price (the “Purchase Price”) to be paid by Tarman for the ATM Business is equal to the aggregate book-value

CROP Infrastructure Corp.: Notice to Warrant Holders of Acceleration of Expiry Date and Warrant Incentive Program

VANCOUVER, British Columbia, June 05, 2018 (GLOBE NEWSWIRE) — NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CROP Infrastructure Corp. (CSE:CROP) (“Crop” or the “Company”) announces that it is accelerating the expiry date of the share purchase warrants (the “Warrants”) that were issued in connection with the March 2018 “fundamental change” transaction between Fortify Resources Corp. and DV Infrastructure Corp. (“DVI”). The Warrants were initially issued by DVI in connection with a private placement of units, with those shares and warrants becoming free trading on July 6, and with each whole share purchase

AMD EPYC™ to Power New HPE Gen10 No Compromise Single-Socket Server to Redefine Virtualization and Software-Defined Storage  

The newest AMD EPYC™-based HPE ProLiant DL325 Gen10 server to deliver two-socket performance1 to help customers unlock more efficiency and TCO  SANTA CLARA, Calif., June 05, 2018 (GLOBE NEWSWIRE) — AMD (NASDAQ:AMD) today announced that the new Hewlett Packard Enterprise (HPE) (NYSE:HPE) ProLiant DL325 Gen10 server will be powered by the AMD EPYC™ 7000 series processor. The HPE ProLiant DL325 Gen10 server incorporates up to 32 “Zen” processor cores from AMD EPYC alongside two terabytes of memory and 40 terabytes of NVMe storage in a 1U chassis. With its higher core count2 and memory bandwidth3 per processor than the competition,

Aegean Class Action: Bernstein Liebhard LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against Aegean Marine Petroleum Network Inc. – ANW

NEW YORK, June 05, 2018 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of those who purchased or acquired the securities of Aegean Marine Petroleum Network Inc. (“Aegean” or the “Company”) (NYSE:ANW) between April 28, 2016 and June 4, 2018, both dates inclusive (the “Class Period”). The lawsuit seeks to recover Aegean shareholders’ investment losses. To join the Aegean class action, and/or if you have information relating to this matter, please visit our AEGEAN SHAREHOLDER PAGE or contact Daniel Sadeh toll free at (877) 779-1414 or dsadeh@bernlieb.com. According to the

Kraig Biocraft Laboratories provides a statement on the market's response to recent Company milestones and the creation of its Vietnamese subsidiary

ANN ARBOR, Mich., June 05, 2018 (GLOBE NEWSWIRE) — Kraig Biocraft Laboratories, Inc. (OTCQB:KBLB) (“Company”), the leading developer of spider silk based fibers announces today that it is continuing its efforts to commercialize its spider silk based technologies.  The Company has been proud to share information relating to the recent approvals for its Vietnamese subsidiary, Prodigy Textiles.  The Company has been and will continue to be active in its investment relations program to ensure that our shareholders and the public are keep up to date with our accomplishments and plans for the immediate future.    At the request of OTC

Microchip Technology to Present at The Bank of America Merrill Lynch 2018 Global Technology Conference

CHANDLER, Ariz., June 05, 2018 (GLOBE NEWSWIRE) — (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, announced today that the Company will present at the Bank of America Merrill Lynch 2018 Global Technology Conference on Wednesday, June 6, 2018, at 9:30 a.m. (Pacific Time).  Presenting for the Company will be Mr. Eric Bjornholt, Vice President and Chief Financial Officer.  A live webcast of the presentation will be made available by BAML, and can be accessed on the Microchip website at www.microchip.com.  In conjunction with this conference, Microchip will be posting a short presentation

General Atomics Awarded ARPA-E Funding for Advanced Reactor Research

Awards from DOE this spring will accelerate EM2 advanced reactor development San Diego, June 05, 2018 (GLOBE NEWSWIRE) — The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) on Monday awarded General Atomics (GA) a total of nearly $3 million in funding to continue development of two key technologies associated with GA’s Energy Multiplier Module (EM2) concept. The awards are part of ARPA-E’s Modeling-Enhanced Innovations Trailblazing Nuclear Energy Reinvigoration (MEITNER) program, which is providing up to $24 million to support development of advanced nuclear energy.   Since 2009, GA has been developing the EM2 advanced reactor concept, which addresses the

Healthcare of Ontario Pension Plan honours Canadian properties and tenants in its portfolio at seventh annual LEAP Awards

TORONTO, June 05, 2018 (GLOBE NEWSWIRE) — Today, The Healthcare of Ontario Pension Plan (HOOPP) honoured the outstanding sustainability achievements and leadership of management teams and tenants in HOOPP’s real estate Canadian portfolio for excellence in energy performance, tenant leadership, stakeholder engagement and technology innovation at the seventh annual LEAP Awards. “HOOPP is recognized as good stewards for the environment and a leader in sustainability,” said Jim Keohane, President and CEO. “The annual LEAP events bring together property managers from around the world to discuss and innovate on industry leading practices and we recognize their innovation through our LEAP awards.”

Trending now in entertainment & media: convergence, connections and trust

Players in all sectors are adapting to disruptive changes in the competitive environment, consumers’ habits and public expectations NEW YORK, June 05, 2018 (GLOBE NEWSWIRE) — According to PwC’s Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every company in the industry: convergence, connecting with consumers and the need to build trust. “Convergence 3.0” is redefining the competitive playing field. Differing from earlier waves of convergence, it’s creating an ever-expanding group of

Northrop Grumman Receives FTC Clearance to Close Acquisition of Orbital ATK and Updates 2018 Financial Guidance

Combination enhances capabilities, innovation and competition in critical global security domains        Orbital ATK to become Northrop Grumman Innovation Systems, a new, fourth business sector  Northrop Grumman now expects 2018 sales of approximately $30 billion, EPS of $16.20 to $16.45 and free cash flow1 of $2.3 to $2.6 billion FALLS CHURCH, Va., June 05, 2018 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE:NOC) announced today that the U.S. Federal Trade Commission (FTC) has cleared Northrop Grumman’s proposed acquisition of Orbital ATK Inc. The FTC’s Bureau of Competition has completed its review of the merger, and the Premerger Notification Office has informed

LGI Homes, Inc. Reports May 2018 Home Closings

THE WOODLANDS, Texas, June 05, 2018 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) today announced 572 homes closed in May 2018, up from 523 home closings in May 2017, representing year-over-year growth of 9.4%. The Company ended the first five months of 2018 with 2,422 home closings, a 46.9% increase over 1,649 home closings during the first five months of 2017. As of the end of May 2018, the Company had 76 active selling communities. About LGI Homes, Inc. Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida,

Wetlands protected as landmark conservation bill receives royal assent

Winnipeg, Manitoba, June 05, 2018 (GLOBE NEWSWIRE) — The Manitoba government has shown sound leadership by tabling and passing legislation to protect wetlands for the benefit of all Manitobans, says Ducks Unlimited Canada. DUC, the nation’s leader in wetland conservation, says the Sustainable Watersheds Act forms the foundation to protect the province’s wetlands and their significant ecological and economic advantages.  “This is a banner day for Manitobans,” DUC Regional Director Scott Stephens after the legislation received royal assent in the legislature on June 4. “Now we will truly see sustainable development when it comes to wetland protection in Manitoba.” Just

Post Holdings Updates on Klingerstown, PA Michael Foods Plant Fire and Reports Municipal Water Boil Order at its Michael Foods Lenox, IA Plant

Klingerstown, PA plant continues to operate while fire damage is repaired; damage primarily to roof and electrical infrastructure Boil order issued by Southern Iowa Rural Water Association causing temporary shutdown of the company’s Lenox, IA egg facility ST. LOUIS, June 05, 2018 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, previously reported a fire took place on the evening of May 24, 2018 at its Michael Foods precooked egg plant location in Klingerstown, PA. All employees were safely evacuated and no injuries were reported. The cause of the fire, which started in the duct work

Notice of Accelerated Warrant Expiry

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES NEWS WIRE SERVICES TORONTO, June 05, 2018 (GLOBE NEWSWIRE) — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) announces that it has elected to accelerate the expiry of the certain warrants (the “Warrants”) of the Company issued under the Warrant Indenture dated March 24, 2017 (the “Warrant Indenture”) expiring March 24, 2019 pursuant to the $1.15 private placement that closed in March 2017. The Warrants will now expire at 4:00 p.m. (Eastern time) on Friday July 6, 2018. Each Warrant entitles the holder to purchase one

Clarus Announces Extension of Its Tender Offer

SALT LAKE CITY, June 05, 2018 (GLOBE NEWSWIRE) — Clarus Corporation (NASDAQ:CLAR) (“Clarus,” “Company,” “we,” “us” or “our”) announced today that it is extending the expiration time of its previously announced tender offer (the “Tender Offer”) from 11:59 P.M., New York City time, Tuesday, June 5, 2018, to 11:59 P.M., New York City time, Friday, June 22, 2018, unless the Tender Offer is further extended. The Tender Offer is for Clarus’ common stock, par value $0.0001 per share, as well as the preferred share purchase rights associated with such shares (collectively, the “Shares”), for an aggregate cash purchase price of

AbraPlata announces issuance of stock options

VANCOUVER, British Columbia, June 05, 2018 (GLOBE NEWSWIRE) — AbraPlata Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (Frankfurt:1AH) (“AbraPlata” or the “Company”) announces that a total of 1,500,000 incentive stock options have been granted to directors, officers, employees and consultants of the Company.  The stock options have an exercise price of $CAD $0.17 per share and are exercisable for a period of five years from the date of grant.  The stock options vest 25% immediately, 25% after six month, 25% after twelve months and 25% after eighteen months. About AbraPlataAbraPlata is a junior mining exploration company focused on delivering shareholder returns by unlocking

SCAN Health announces winning solution to achieve cost-savings and system efficiencies for Alberta Health Services’ perioperative services

CALGARY, Alberta, June 05, 2018 (GLOBE NEWSWIRE) — The Supply Chain Advancement Network in Health (SCAN Health) is pleased to announce the winning solution of the inaugural SCAN Health Design Competition is awarded to team TECSYS Inc. (TSX:TCS). This first of its kind competition attracted innovative solutions from Canada and around the world to advance tracking and traceability of products and care processes linked to patient outcomes for Alberta Health Services’ (AHS) perioperative services. The announcement was made today by Dr. Verna Yiu, CEO and President of AHS at the 2nd Annual SCAN Health Global Networking Event in Calgary, Alberta,

Chimerix to Address Congressional Subcommittee in Support of Reauthorization of the Pandemic and All-Hazards Preparedness Act (PAHPA)

DURHAM, N.C., June 05, 2018 (GLOBE NEWSWIRE) — Chimerix (NASDAQ:CMRX), a biopharmaceutical company developing novel antivirals to address unmet medical needs, announced that President and Chief Executive Officer M. Michelle Berrey, MD, MPH will deliver remarks before the House Committee on Energy and Commerce Subcommittee on Health at the hearing titled “Examining the Reauthorization of the Pandemic and All-Hazards Preparedness Act” at 10 a.m. ET on Wednesday, June 6 in Washington, D.C. The purpose of the hearing is to reauthorize certain programs under the Pandemic and All-Hazards Preparedness Act (PAHPA), which originally passed in 2006 and seeks to improve the United

Great Canadian Healthcare Debate Result: Health Leaders Make Universality of Mental Health their Top Priority

ST. JOHN’S, Newfoundland, June 05, 2018 (GLOBE NEWSWIRE) — The Great Canadian Healthcare Debate – a marquee feature of the National Health Leadership Conference revealed that universal mental health Care must be a top priority. Leaders attending the annual conference have signaled that universal access to a full continuum of mental health services and supports for all people in Canada. Designed to identify the health care system’s most pressing need, this years’ Debate this year delved deeper into the top motions of the previous three iterations: mental health, Indigenous health and seniors’ health. Emerging as this year’s top priority, with