Tag: Investment

DNB Financial Corporation Receives All Required Approvals to Acquire East River Bank

DOWNINGTOWN, Pa., Sept. 14, 2016 (GLOBE NEWSWIRE) — DNB Financial Corporation (“DNB”) (NASDAQ:DNBF), the parent company of DNB First, National Association, today announced that it has obtained all required approvals necessary for DNB to consummate its acquisition of East River Bank, Philadelphia, Pennsylvania (“East River”). Approvals included DNB and East River shareholder approvals, and regulatory approval from the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking. When the combination of the two organizations is completed, DNB will have approximately $1.1 billion in assets, $764 million in

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

First-of-Its-Kind Hackathon Bridges Gap Between Tech and Commercial Real Estate Industries

CHICAGO, Sept. 14, 2016 (GLOBE NEWSWIRE) — Transwestern today announces it held CREforge, a first-of-its-kind commercial real estate hackathon, which is a competitive event that challenges the technology world to find new solutions to everyday problems. On Aug. 26-28, Houston-based Transwestern introduced four companies in the commercial real estate sector to numerous designers, coders and software developers, who developed innovative solutions to the challenges posed by each business. Some of the solutions explored include: Using augmented reality to project 3D building renderings onto everything from tabletops to land sites, allowing clients to see a 360-degree view of a project before

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

Nasdaq Included in Dow Jones Sustainability Index

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq:NDAQ) today announced it has been selected to join the Dow Jones Sustainability Indices (DJSI). Nasdaq is one of 16 companies added to the Dow Jones Sustainability North America Index in 2016, which is comprised of 146 companies. Nasdaq actively supports its 3,500 listed companies in their sustainability efforts, and strives to create an open dialogue between listed companies, investors, analysts, regulators, and academics on the economic value of sustainability. Nasdaq also works closely with international groups such as the World Federation of Exchanges, The United Nations Sustainable Stock Exchanges Initiative, and

WAM Capital Announces Investment in Chelsea Management Company

LOS ANGELES, Sept. 14, 2016 (GLOBE NEWSWIRE) — WAM Capital, LLC, an investment entity of WEDBUSH, Inc., is proud to announce that earlier this year, it invested directly into Los Angeles-based Chelsea Management Company. Through this investment, WAM Capital continues to expand and grow WEDBUSH, Inc.’s long and rich history of supporting financial services related companies through equity investments and operational support. Eric Wedbush, President, WEDBUSH, Inc., stated, “We’ve known Fred and his firm for some time now, and the more we discussed, the more we realized that we not only share a similar history, but also a similar mindset

iSectors, LLC to Ring The Nasdaq Stock Market Opening Bell

ADVISORY, Sept. 14, 2016 (GLOBE NEWSWIRE) —              What: iSectors, LLC, a manager of a suite of exchange-traded fund (ETF)-based asset allocation models, will visit the Nasdaq MarketSite in Times Square in celebrating the recent debut its flagship iSectors® Post-MPT Growth ETF (Nasdaq:PMPT). The actively-managed ETF aims to optimize investor return and minimize the downside risk. In honor of the occasion, Charles H. Self III, Chief Operating Officer and Chief Investment Officer of iSectors and Portfolio Manager for PMPT, will ring the Opening Bell.  Where:Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast

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

ADISA’s 2016 Annual Conference & Trade Show on Pace for Record Attendance

LAS VEGAS, Sept. 14, 2016 (GLOBE NEWSWIRE) — ADISA, the nation’s largest trade association representing the alternative and direct investment industry, announced today that its 2016 Annual Conference & Trade Show is on pace for record attendance, including its highest registration to date of broker-dealers, registered investment advisors (RIAs), and registered representatives. Professionals of these specialties are expected to constitute nearly 50 percent of attendees at the conference.   “Hosted each fall, ADISA’s annual conference is an unparalleled event with in-depth and insightful education, as well as unrivaled networking opportunities,” said John Harrison, executive director and chief executive officer of

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

Utility Solutions Offer Answer to the Buy-Side’s Client Data Management Challenges, Finds TABB Group Study

NEW YORK and LONDON, Sept. 14, 2016 (GLOBE NEWSWIRE) — The documentation required to be disclosed by institutional clients to investment managers continues to increase in terms of both volume and intricacy.  These requirements have given rise to the need for a process that upholds compliance and risk management principles, but doesn’t drive clients away. According to TABB Group research, “Client Onboarding and Entity Data Processing: Calculating the Value to the Buy-Side,” investment managers recognize that data drives much of their operations, yet 64% reported that they had difficulty in acquiring, storing and communicating client entity data. TABB reached out

Gladstone Commercial Corporation Announces $23.9 Million Office Property Acquisition in Fort Lauderdale, FL

MCLEAN, Va., Sept. 14, 2016 (GLOBE NEWSWIRE) — Gladstone Commercial Corporation (NASDAQ:GOOD) (“Gladstone Commercial”) announced today that it acquired a five-story, 119,224 square foot, single-tenant office building located in Fort Lauderdale, FL, for $23.9 million at an average cap rate of 8.3%. The property is leased to Citrix, under a triple-net (or NNN) lease. Citrix, a Fortune 1000 and S&P 500 company with a market capitalization of over $10 billion, provides a complete and integrated portfolio of Workspace-as-a-Service, application delivery, virtualization, mobility, network delivery and file sharing solutions that enables companies to ensure critical systems are securely available to users

International Western Petroleum Completes East Texas Acquisition in Kilgore City

IRVING, Texas, Sept. 14, 2016 (GLOBE NEWSWIRE) — International Western Petroleum, Inc. (OTCQB:INWP), a Texas-based E&P company specializing in the acquisition, development, and exploration of crude oil and natural gas properties, announced today that it has completed an acquisition of a producing oil field in Kilgore, Texas via the Marshall Walden Joint Venture, a partnership with Odyssey Enterprises, LLC. International Western Petroleum is the managing venturer in this joint venture with Odyssey which has financed the joint venture for the lease purchase and optimization of wells located in Kilgore, Texas, in the heart of the famous Woodbine formation. There are

Language Learning Leader Rosetta Stone Introduces New CATALYST Solution for Businesses and Organizations Worldwide

ARLINGTON, VA, Sept. 14, 2016 (GLOBE NEWSWIRE) — In today’s competitive global marketplace, tackling complex business issues requires the ability to communicate across many languages and cultures. To address the diverse language-learning needs in the workplace, Rosetta Stone Inc. (NYSE: RST) today announced the launch of its new Catalyst™ solution.  This is Rosetta Stone’s most extensive solution to date made to meet the needs of today’s businesses by breaking down the barriers of language to drive business performance.  Catalyst features a new comprehensive learner assessment to identify language-training needs for every employee, targeted learning paths in 24 languages, and rich

Mondelez International to Invest $65 Million in Global Research & Development Hubs

DEERFIELD, Ill., Sept. 14, 2016 (GLOBE NEWSWIRE) — Mondelēz International today confirmed a $65 million investment to build a global Research, Development & Quality (RDQ) network of the future. The investment will enable the company to better recruit, retain and develop talent across a range of science and technical disciplines while also creating a stronger presence in both emerging and developed markets.  When complete, the redesigned network will consist of a combination of new and existing technical centers that will be more flexible and agile in responding to the company’s growth and innovation needs. Over the next two years, the

LifeSci Advisors Announces Opening of Office in Tel-Aviv, Israel

NEW YORK, Sept. 14, 2016 (GLOBE NEWSWIRE) — LifeSci Advisors, a New York-based, life sciences focused investor relations consultancy, is pleased to announce today the opening of an office in Tel-Aviv, Israel.  The establishment of an Israeli office, together with the recent expansion of its European team, reflects LifeSci Advisors’ increasing international focus. Israel was selected as the location for LifeSci Advisors’ newest office due to the firm’s long-standing relationships with numerous companies and investors in Israel, together with Israel’s emergence as one of the world’s leading centers for life sciences. The Tel-Aviv office is being managed by Moran Meir Beres,

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

Low Smoke Halogen Free Flame Retardant PP Market Worth $893.9 Million By 2024: Grand View Research, Inc.

San Francisco, Sept. 14, 2016 (GLOBE NEWSWIRE) — The global low smoke halogen free flame retardant polypropylene (PP) market is expected to reach USD 893.9 million by 2024, according to a new report by Grand View Research, Inc. The increasing construction spending particularly in emerging economies is one of the major reason fueling the market growth. Favorable government regulations are further anticipated to benefit the overall market. The government bodies across the globe have been formulating new regulations and safety norms to reduce the occurrence of fire mishaps. Halogen-free flame retardant polypropylene is believed to be an effective way to overcome