Day: January 11, 2019

CORRECTING and REPLACING – Spot market volume drops nearly a third from December 2017

PORTLAND, Ore., Jan. 11, 2019 (GLOBE NEWSWIRE) — In a release issued under the same headline on January 11, 2019, by DAT Solutions (NYSE: ROP), the images and captions accompanying the release were incorrect. The complete and updated press release with images follows: DAT Freight Index numbers indicate truckload freight volumes slipped 27% in December 2018 against last year’s numbers. Load availability has trended downward since August as capacity loosened and trucks were more available. Despite the downturn, volume increased 7% overall for the year.  Flatbed rates remained stable month over month, but dry van and refrigerated (“reefer”) rates fell

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in NVIDIA Corporation of Class Action Lawsuit and Upcoming Deadline – NVDA

NEW YORK, Jan. 11, 2019 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against, NVIDIA Corporation (“NVIDIA” or the “Company”) (NASDAQ: NVDA) and certain of its officers.   The class action, filed in United States District Court, Northern District of California, and indexed under 18-cv-07783, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired NVIDIA securities between August 10, 2017 through November 15, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal

Pomerantz Law Firm Announces the Filing of a Class Action against The Goldman Sachs Group, Inc. and Certain Officers – GS

NEW YORK, Jan. 11, 2019 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against, The Goldman Sachs Group, Inc. (“Goldman Sachs” or the “Company”) (NYSE: GS) and certain of its officers.   The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-12084, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Goldman Sachs securities between February 28, 2014, and December 17, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused

SHAREHOLDER ALERT:  Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Aphria Inc. of Class Action Lawsuit and Upcoming Deadline – APHA

NEW YORK, Jan. 11, 2019 (GLOBE NEWSWIRE) — Pomerantz LLP announces that a class action lawsuit has been filed against Aphria Inc. (“Aphria” or the “Company”) (NYSE: APHA) and certain of its officers.  The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-11427, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise acquired Aphria securities between October 18, 2018, and December 3, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the

Glancy Prongay & Murray LLP Announces Investigation On Behalf Of Ubiquiti Networks, Inc. Investors (UBNT)

LOS ANGELES, Jan. 11, 2019 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of Ubiquiti Networks, Inc. (NASDAQ: UBNT) (“Ubiquiti” or “the Company”) and whether the Company’s officers and directors complied with their legal obligations to the Company and its shareholders. On February 20, 2018, Ubiquiti revealed that it had received a subpoena from the Securities and Exchange Commission “requesting documents and information relating to a range of topics including metrics relating to the Ubiquiti Community, accounting practices, financial information, auditors, international trade practices, and relationships with distributors

Cornerstone Adopts Shareholder Rights Plan

OTTAWA, Jan. 11, 2019 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announced today that its board of directors (the “Board”) has approved the adoption of a Shareholder Rights Plan (the “Rights Plan”) pursuant to a shareholder rights plan agreement entered into with Computershare Trust Company of Canada, as Rights Agent, dated January 11, 2019. The Rights Plan is subject to the approval of the TSX Venture Exchange. While the Rights Plan is effective as of January 11, 2019, it is subject to shareholder ratification within six months of its adoption. The Rights

Churchill Downs Incorporated Confirms 3-for-1 Stock Split Record Date of January 11, 2019

LOUISVILLE, Ky., Jan. 11, 2019 (GLOBE NEWSWIRE) — As previously announced on October 31, 2018, the Board of Directors of Churchill Downs Incorporated (“the Company”) (Nasdaq: CHDN) approved a three-for-one split of the Company’s common stock (the “Stock Split”) for shareholders of record as of January 11, 2019 (the “Split Record Date”).  The Stock Split will be effectuated by distributing to each shareholder two additional shares for every outstanding share held as of the Split Record Date. The additional shares will be distributed on January 25, 2019, and the stock will begin trading at the split-adjusted price starting on January

Delek US Holdings Announces the Formation of DK Trading & Supply

Provides a single point of contact in the market place to better support its customers and suppliers BRENTWOOD, Tenn., Jan. 11, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) (“Delek US”) today announced the formation of DK Trading & Supply, LLC (“DK Trading & Supply”), a wholly owned subsidiary of Delek US. This will consolidate commercial activities for crude oil, refined products and renewable purchases, sales and other commercial activity under one entity in 2019. These activities had previously been conducted through a series of companies under the Delek US umbrella. Avigal Soreq, EVP and Chief Commercial Officer

Hovnanian Enterprises Receives Continued Listing Standard Notice From NYSE and Announces Reverse Stock Split Proposal

MATAWAN, N.J., Jan. 11, 2019 (GLOBE NEWSWIRE) — Hovnanian Enterprises, Inc. (NYSE: HOV) (“Hovnanian” or the “Company”), a leading national homebuilder, announced today that it will be requesting shareholder approval at its annual meeting on March 19, 2019 for amendments to its restated certificate of incorporation that will enable the Company to conduct a reverse stock split. The details of the proposed reverse stock split are provided in the Company’s preliminary proxy statement filed with the Securities and Exchange Commission (“SEC”) on January 11, 2019. Hovnanian is proposing the reverse stock split primarily in order to address the minimum average

Ferrellgas Partners, L.P. Receives Continued Listing Standards Notice From NYSE

LIBERTY, Mo., Jan. 11, 2019 (GLOBE NEWSWIRE) — Ferrellgas Partners, L.P. (NYSE:FGP) (“Ferrellgas” or the “Company”) announced today that on January 10, 2019, the Company was notified by the New York Stock Exchange, Inc. (NYSE) that it is no longer in compliance with the NYSE’s continued listing standards because the average closing price of the Company’s common units over a consecutive 30-day trading period was less than $1.00 per unit. The NYSE’s notification has no impact on the Company’s business operations. In accordance with applicable NYSE procedures, the Company will respond to the NYSE within ten business days to confirm

Inspira Appoints Dr. Jaime Gerber as Interim Chief Executive Officer

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. BOCA RATON, Fla., Jan. 11, 2019 (GLOBE NEWSWIRE) — Inspira Financial Inc. (“Inspira” or the “Company”) (TSXV:LND) announced the appointment of a Dr. Jaime Gerber as its Interim Chief Executive Officer. Dr. Jaime Gerber, the current Chairman of the Board of Inspira, has been appointed the new Interim Chief Executive Officer. David Forstadt will remain on the Board of Directors as a Non-Executive Director. “I’d like to thank Mr. Forstadt for all his hard work and efforts as the CEO and look forward to continuing

Martinrea International Inc. Announces Closing of Investment in NanoXplore Inc. and Filing of Early Warning Report

TORONTO, Jan. 11, 2019 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX: MRE) (“Martinrea” or the “Company”) , announced today it filed an early warning report today in connection with the acquisition by Martinrea of 11,538,000 common shares (the “Shares”) in the capital of NanoXplore Inc. (“NanoXplore”) a publicly listed company on the TSX Venture Exchange trading under the ticker symbol GRA, at a price of $1.30 per share pursuant to a private placement completed by NanoXplore (the “Transaction”). Prior to the completion of the Transaction, Martinrea held an aggregate of 5,911,800 Shares of NanoXplore, 2,750,000 warrants to purchase additional Shares

Zohar Krivorot Announces Holdings in Cannara Biotech Inc.

MONTREAL, Jan. 11, 2019 (GLOBE NEWSWIRE) — Zohar Krivorot announced today that, in connection with the business combination (the “Business Combination”) completed on December 31, 2018 among Cannara Biotech Inc. (formerly, Dunbar Capital Corp.) (the “Issuer“), Cannara Biotech Inc. and 11038427 Canada Inc., he has indirectly acquired ownership of a total of 231,832,194 common shares of the Issuer (“Common Shares“), representing 33.41% of the issued and outstanding Common Shares of the Issuer. All of Mr. Krivorot’s 231,832,194 Common Shares are held through his holding company, Javaa Private Equity Inc. and will be held in escrow in accordance with the rules

Purpose Investments Inc. Announces Termination of Purpose Short Duration Tactical Bond Fund

TORONTO, Jan. 11, 2019 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) announced today that it will terminate Purpose Short Duration Tactical Bond Fund (the “Fund”) and will redeem all of its issued and outstanding ETF units, Class A units, Class F units and Class D units (collectively, the “Units”) in accordance with the terms of the Fund’s amended and restated declaration of trust, dated December 3, 2018, on March 22, 2019 (the “Termination Date”).  The decision to close the Fund was driven primarily by an overlap in mandates within our fund lineup. Additionally, its relatively low assets under management and

Sandspring Resources provides updates on Chicharrón Drilling, Toroparu Studies, and announces that it has entered into an Agreement for Investor Relations Services

DENVER and VANCOUVER, British Columbia, Jan. 11, 2019 (GLOBE NEWSWIRE) — Sandspring Resources Ltd. (TSX-V: SSP, OTCQX: SSPXF) (“Sandspring” or the “Company”). As press released on December 19, 2018, the Company is conducting a drilling program on its 100% owned Chicharrón silver-gold project located near Segovia, Antioquia, Colombia. The first phase of this drill program is designed to test extensions of mineralization around the historic former producer, the Guia Antigua Mine. To date, five drill holes have been completed and assay results are pending. At Toroparu, our flagship gold project located in Guyana, work by SRK Consulting (USA) on the

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Motorcar Parts of America, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, Jan. 11, 2019 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Motorcar Parts of America, Inc. (“Motorcar Parts of America” or “the Company”) (NASDAQ: MPAA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Motorcar Parts of America announced on November 9, 2018, that the Company

Brunswick Resources Sells Lake Irène Property

ROUYN-NORANDA, Quebec, Jan. 11, 2019 (GLOBE NEWSWIRE) — Brunswick Resources Inc. (the “Corporation” or “Brunswick”) (TSX-Venture Exchange: BRU) is pleased to announce the sale of the Irene Lake property to TomaGold Corporation Inc. (“Tomagold”) (TSXV-LOT). The Irene Lake Property is located in the northwestern region of the Province of Quebec at approximately 45 kilometers southwest of the Chibougamau mining camp. The properties are located contiguously and to the west of the Monster Lake Project of TomaGold and Iamgold, in the Chibougamau Mining camp. The Irene Lake property consists of 14 mining claims. Brunswick will received an amount of $65,000 for

Glancy Prongay & Murray LLP Commences Investigation On Behalf Of LPL Financial Holdings Inc. Investors (LPLA)

LOS ANGELES, Jan. 11, 2019 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of LPL Financial Holdings Inc. (NASDAQ: LPLA) (“LPL” or “the Company”) and whether the Company’s officers and directors complied with their legal obligations to the Company and its shareholders. GPM’s investigation focuses on whether the Company and its directors breached any fiduciary duties owed to shareholders. If you own LPL shares, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests

Glancy Prongay & Murray LLP Announces Investigation On Behalf Of ACADIA Pharmaceuticals Inc. Investors (ACAD)

LOS ANGELES, Jan. 11, 2019 (GLOBE NEWSWIRE) — Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) (“ACADIA” or “the Company”) and whether the Company’s officers and directors complied with their legal obligations to the Company and its shareholders. On April 9, 2018, CNN reported that “[p]hysicians, medical researchers and other experts told CNN that they worried that [NUPLAZID] had been approved too quickly, based on too little evidence that it was safe or effective. And given these mounting reports of deaths, they say that more

Platinum Group Metals Ltd. Reports First Quarter Results and Provides Waterberg Palladium Project Update

VANCOUVER, British Columbia and JOHANNESBURG, South Africa, Jan. 11, 2019 (GLOBE NEWSWIRE) — Platinum Group Metals Ltd. (PTM:TSX; PLG:NYSE American) (“Platinum Group” “PTM” or the “Company”) reports the Company’s financial results for the three months ended November 30, 2018 and provides a summary of recent events and outlook.  The Company has focused its business on the palladium dominant large scale, bulk mineable Waterberg Project in South Africa (the “Waterberg Project”).  A Definitive Feasibility Study, (“DFS”) for the Waterberg Project is advancing well.  A technical committee of Waterberg JV Resources Pty Ltd. (“Waterberg JV Co.”) is overseeing the DFS with participation