Tag: Investing

Apigee Announces Fourth Quarter and Fiscal 2016 Results

SAN JOSE, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Apigee® (NASDAQ:APIC), the API company, today announced financial results for its fourth quarter and fiscal year ended July 31, 2016. Fiscal Year 2016 For FY 16, Apigee reported total revenue of $92.0 million, up 34% compared to $68.6 million in FY 15.  Apigee reported FY 16 product revenue (defined as license revenue plus subscription and support revenue) of $75.3 million, up 46% compared to $51.6 million in FY 15. Apigee reported FY 16 GAAP gross margin of 70.1%, up from 63.6% in FY 15, and non-GAAP gross margin of 71.8% compared to

U.S. Global Investors Reports Financial Results for Fiscal Year 2016

San Antonio, TX, Sept. 14, 2016 (GLOBE NEWSWIRE) — For Immediate Release U.S. Global Investors Reports Financial Results for Fiscal Year 2016 Continuing Dividends and Share Repurchase Program ************************************************************************ SAN ANTONIO-September 14, 2016 –U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.7 million, or $(0.24) per share, on operating revenues of $5.5 million for the fiscal year ended June 30, 2016. For the fiscal year 2015, U.S. Global Investors recorded a net loss of $4.0 million, or $(0.26) per share, on

Nasdaq Hearings Panel Grants Extension of Exception for Continued Listing of United Development Funding IV Shares

GRAPEVINE, Texas, Sept. 14, 2016 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) (NASDAQ:UDF) today announced that the Nasdaq Hearings Panel (the “Panel”) has granted an extension of the exception previously granted for continued listing of the Trust’s common shares on The NASDAQ Stock Market (“Nasdaq”).   The Trust’s continued listing is subject to the condition that, on or before October 17, 2016, the Trust become current in its periodic filings with the Securities and Exchange Commission (the “SEC”).  The Trust must also be able to demonstrate that it satisfies all other quantitative and qualitative requirements for

Extreme Weather Heightens Need for Proper Pool Care

DOYLESTOWN, Pa., Sept. 14, 2016 (GLOBE NEWSWIRE) — When it comes to preparing for extreme weather, homeowners must take special care to protect one of their most valuable assets. Outdoor pools, home spas and the furnishings that go with them are important investments in the overall value of a property, but without diligent care they may actually cost owners more than they anticipated. From floods and droughts to summer heat and winter weather, Mother Nature’s worst requires special attention to pool maintenance. With knowledge of weather threats and a bit of preparation, pool owners can protect their outdoor recreation areas

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Warren Resources, Inc. To Contact The Firm Before Lead Plaintiff Deadline

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Warren Resources, Inc. (“Warren Resources” or the “Company”) (OTC:WRESQ) of the October 11, 2016 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers. The lawsuit has been filed in the U.S. District Court for the District of Colorado on behalf of all those who purchased Warren Resources common stock between November 4, 2014 and June 2, 2016 (the “Class Period”).  The case, Speiser v. Epstein et

Investment, Policy and Holistic Planning Integral to Drive Hydrogen Fueling Infrastructure

OVERLAND PARK, Kan., Sept. 14, 2016 (GLOBE NEWSWIRE) — A new white paper from Black & Veatch’s Smart Integrated Infrastructure (SII) business examines the current hydrogen fueling infrastructure in the U.S. and challenges that complicate development. Costs, financing, siting, policies and safety education are cited as the keys, and sometimes barriers, to greater fueling station deployment. Recent reports estimate that in California alone more than 34,000 hydrogen fuel cell electric vehicles (FCEVs) will be on the road by 2021. Even with states like California investing heavily in new hydrogen fuel stations, the rate of consumer adoption is quickly outpacing fueling

Repsol Selects CloudCraze to Bring its Commerce to the Cloud

LONDON, Sept. 14, 2016 (GLOBE NEWSWIRE) — CloudCraze, an enterprise digital commerce solution built natively on Salesforce, today announces that it has been selected as the commerce platform for Repsol, an integrated global energy company. This strategic initiative will provide Repsol, specifically its Chemicals Division, with a solution to enable B2B commerce on the cloud. “As our clients’ needs evolve, we want to provide a customer engagement platform that allows them to service themselves easily online. We also wanted a solution that we could adapt quickly due to the changing business climate and therefore help us remain competitive,” said Antonio

Iris Plans Receives Venture Backing From Bay Area’s Better Ventures

AUSTIN, Texas, Sept. 14, 2016 (GLOBE NEWSWIRE) — Iris Plans, a tech-enabled Advance Care Planning (ACP) service for people facing serious medical conditions, announced today that Better Ventures has joined the company’s seed financing round. Iris Plans has now raised its original target of $750,000 for this round and will likely increase the size of the round due to additional investor interest. Iris Plans reduces the burden that serious medical conditions place on patients, families and the healthcare system, by providing ACP services through a telehealth platform. Iris Plans healthcare professionals meet with patients and their families anytime, anywhere, creating

Guggenheim Investments Expands its Increasingly Popular BulletShares® Defined-Maturity ETF Product Suite

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today announced the launch of BulletShares 2026 Corporate Bond ETF (NYSE:BSCQ) and Guggenheim BulletShares 2024 High Yield Corporate Bond ETF (NYSE:BSJO) to help advisors and investors build bond laddering strategies consisting of investment-grade and high-yield ETFs with varying terms to maturity. Launched in 2010, the Guggenheim BulletShares lineup consists of 20 unique defined-maturity corporate bond and high yield corporate bond ETFs with more than $7 billion in assets under management. Unlike other fixed-income ETFs, BulletShares are designed to mature

Great Elm Capital Group Proposes Rights Offering

BOSTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — Great Elm Capital Group, Inc. (NASDAQ:GEC), announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed rights offering to holders of its common stock.  If the rights offering is fully subscribed, Great Elm Capital Group expects $45 million of gross proceeds that will be used for general corporate purposes, which may include acquisitions and investments. Upon the effectiveness of the registration statement, Great Elm Capital Group intends to distribute to common stockholders of record as of the record date (which has not yet been determined)

Repsol Selects CloudCraze to Bring its Commerce to the Cloud

LONDON, Sept. 14, 2016 (GLOBE NEWSWIRE) — CloudCraze, an enterprise digital commerce solution built natively on Salesforce, today announces that it has been selected as the commerce platform for Repsol, an integrated global energy company. This strategic initiative will provide Repsol, specifically its Chemicals Division, with a solution to enable B2B commerce on the cloud. “As our clients’ needs evolve, we want to provide a customer engagement platform that allows them to service themselves easily online. We also wanted a solution that we could adapt quickly due to the changing business climate and therefore help us remain competitive,” said Antonio

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Goldcorp Inc. To Contact The Firm Before Lead Plaintiff Deadline

NEW YORK, Sept. 13, 2016 (GLOBE NEWSWIRE) — Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Goldcorp Inc. (“Goldcorp” or the “Company”) (NYSE:GG) of the October 24, 2016 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers. The lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of all those who purchased Goldcorp stock or options between March 31, 2014 and August 24, 2016 (the “Class Period”).  The case, Robert Cowan v. Goldcorp, Inc.

Ocean Power Technologies Announces Results for the Fiscal First Quarter Ended July 31, 2016

PENNINGTON, N.J., Sept. 12, 2016 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (NASDAQ:OPTT) (“OPT” or “the Company”) today announced financial results for its Fiscal 2017 first quarter ended July 31, 2016 (“fiscal 2017”). George H. Kirby, President and Chief Executive Officer of OPT, stated, “The first quarter of fiscal 2017 has been a very eventful quarter for us on the technical, commercial and financial fronts.  In June, we redeployed the PB3-A1 PowerBuoy off the coast of New Jersey, which included payloads from the National Data Buoy Center and the Wildlife Conservation Society.  In July, we deployed our second PB3 PowerBuoy

VanEck to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 12, 2016 (GLOBE NEWSWIRE) — What:VanEck, a pioneer in global markets and experienced provider of innovative solutions, will visit the Nasdaq MarketSite in Times Square. As the premier listing and trading venues for exchange-traded products (ETPs), Nasdaq is the exchange of choice for three VanEck’s ETFs, including: VanEck Vectors Generic Drugs ETF (Nasdaq:GNRX) VanEck Vectors Biotech ETF (Nasdaq:BBH) VanEck Vectors Pharmaceutical ETF (Nasdaq:PPH) In honor of the occasion, Jan van Eck, CEO, will ring the Opening Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:Tuesday, September 13, 2016 – 9:15 a.m. to

Arcadis Finds New York City Earns Most Sustainable US City

HIGHLANDS RANCH, Colo., Sept. 12, 2016 (GLOBE NEWSWIRE) — New York City leads the United States for sustainability, according to the Sustainable Cities Index from Arcadis, the leading global design and consultancy for natural and built assets. From 22 North American cities measured, New York City ranks ahead of Boston (5th), San Francisco (6th) and Seattle (7th) while rounding out the bottom rankings are Indianapolis, Tampa and Detroit. Canadian cities ranked ahead of most U.S. cities, with Vancouver taking the highest spot and Toronto and Montreal ranking in the top five. With cities home to more than half the world’s

OHA Investment Corporation Announces New Credit Facility

NEW YORK, Sept. 09, 2016 (GLOBE NEWSWIRE) — OHA Investment Corporation (NASDAQ:OHAI) (the “Company”) today announced that it has closed a new $56.5 million secured term loan credit facility (“Credit Facility”) with MidCap Financial, which replaces the Company’s existing investment facility. Initial proceeds of $40.5 million from this Credit Facility were used to pay off the $38.5 million balance on our previous investment facility, pay transaction expenses and provide balance sheet cash. The remaining $16 million consists of a delayed draw term loan, which is committed for one year, and is available to OHAI to grow our investment portfolio and

Sprott Asset Management LP Announces Proposed Mergers and Related Investment Strategy Change, Name Changes and Sub-Advisor Change

TORONTO, Sept. 09, 2016 (GLOBE NEWSWIRE) — Sprott Asset Management LP (“Sprott”) announced today that it proposes to merge (each a “Merger” and collectively, the “Mergers”) Sprott Timber Fund and Sprott Global Agriculture Fund into Sprott Global REIT & Property Equity Fund and Sprott Tactical Balanced Fund and Sprott Tactical Balanced Class into Sprott Real Asset Class (each a “Fund” and collectively, the “Funds”) and that the names of Sprott Global REIT & Property Equity Fund and Sprott Real Asset Class will change upon the effective date of the Mergers. Each of Sprott Timber Fund, Sprott Global Agriculture Fund, Sprott

Perfumania Holdings Reports Second Quarter Net Sales of $97 Million

BELLPORT, N.Y., Sept. 09, 2016 (GLOBE NEWSWIRE) — Perfumania Holdings, Inc. (NASDAQ:PERF) (“Perfumania” or the “Company”) a U.S. specialty retailer and distributor of fragrances and related beauty products, today reported operating results for the second fiscal quarter representing the thirteen weeks and twenty-six weeks ended July 30, 2016.             ($ in thousands, except per share data & percentage)  Thirteen Weeks Ended    Twenty-Six Weeks Ended   July 30,   August 1,   July 30,   August 1,     2016       2015       2016       2015   Net sales

Pernix Therapeutics Announces Significant Presence at PAINWeek 2016

Company’s Poster Presentation Highlighted Results of Study Evaluating Hepatic or Renal Impairment on the Pharmacokinetics of Zohydro® ER Pernix Also Sponsored a Well-Attended Symposium Focused on Addressing Comorbid Sleep and Psychiatric Disorders in Opioid-Managed Patients MORRISTOWN, N.J., Sept. 09, 2016 (GLOBE NEWSWIRE) — Pernix Therapeutics Holdings, Inc. (NASDAQ:PTX), a specialty pharmaceutical company with a focus on Pain and CNS conditions, today announced that the Company presented a poster focused on the pharmacokinetic profile of Zohydro® ER, and sponsored a symposium to discuss treating comorbid sleep and psychiatric disorders in opioid-managed patients at PAINWeek 2016, which is taking place this week

New Audio Interview with MassRoots CEO Isaac Dietrich Now Live on SmallCapVoice.com

AUSTIN, Texas, Sept. 09, 2016 (GLOBE NEWSWIRE) — SmallCapVoice.com, Inc. (SCV) and MassRoots, Inc. (OTCQB:MSRT) (the Company), one of the largest and most active technology platforms for the cannabis industry, announced today that a new audio interview is now available. The interview can be heard at http://smallcapvoice.com/blog/9-7-16-smallcapvoice-interview-with-massroots-inc-msrt. MassRoots CEO Isaac Dietrich called in to SmallCapVoice.com, Inc. to go over the history, technology, business model and recent news for his exciting young Company. In the interview, Dietrich provides an update on the progress with Flowhub and the launch of its dispensary finder to its community of more than 900,000 cannabis enthusiasts.