Tag: mont

Xtant Medical Files S-1 Registration Statement for Rights Offering to Shareholders

BELGRADE, Mont., Aug. 29, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, today announced it filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) for a rights offering to its existing stockholders. Under the proposed rights offering, the Company would distribute non-transferable subscription rights to purchase units to its stockholders on the record date. Holders who exercise their subscription rights in full will be entitled, if available, to subscribe for additional units that are not purchased by

Xtant Medical Receives Non Compliance Notice from NYSE MKT

BELGRADE, Mont., Aug. 19, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, today announced that the NYSE MKT LLC (the “Exchange”) notified the Company that it is not in compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide due to negative stockholders equity of approximately $496,000 as of June 30, 2016 and net losses in five of the most recent fiscal years. Previously, the Company was exempt from the minimum stockholders equity requirement since (i) at least 1,100,000 shares are publicly held,

Xtant Medical Expands AR Credit Facility with Silicon Valley Bank

BELGRADE, Mont., Aug. 16, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, today announced the expansion of the accounts receivable revolver credit facility with Silicon Valley Bank to provide an additional $5 million in funds, making the total credit facility available, $11 million. The credit facility will be utilized for working capital purposes in order to fund future growth. Dan Goldberger, Chief Executive Officer, commented, “We are pleased to announce this credit facility expansion, which will provide the flexibility that will allow

Aureus Acquires Two Mining Claims in Montana’s Historical Gold Producing Area

HELENA, Mont., Aug. 08, 2016 (GLOBE NEWSWIRE) — Aureus Incorporated (OTCPK:ARSN) (“Aureus” or the “Company”) is pleased to announce its recent acquisition of two mineral properties in Montana’s Confederate Gulch mining district, historically known for placer gold discoveries. The two properties are the Keene Placer claim and Western Star Load claim and mill site.  The Keene Placer claims consists of 19.67 acres, in the Montana Gulch, the known feeder of gold for the Confederate Gulch in Broadwater County, MT.  Historical work was completed on the Keene Placer property in the early 1990’s which has shown positive indications of mineralization. Aureus

Targa Resources Corp. Reports Second Quarter 2016 Financial Results

HOUSTON, Aug. 03, 2016 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE:TRGP) (“TRC”, the “Company” or “Targa”) today reported second quarter 2016 results. Second Quarter 2016 Financial Results Second quarter 2016 net income (loss) attributable to Targa Resources Corp. was a loss of $23.2 million compared to income of $15.2 million for the second quarter of 2015. The Company reported earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“Adjusted EBITDA”) of $257.1 million for the second quarter of 2016 compared to $302.4 million for the second quarter of 2015 (see the section of this release entitled “Targa Resources Corp.

Xtant™ Medical Reports Second Quarter 2016 Results

*See footnote about the use of pro forma financial information Second Quarter 2016 Highlights: Core recurring revenue (excluding OEM and other revenue) increased 5.6% to $20.9 million compared to core pro forma recurring revenue of $19.8 million in second quarter 2015  Gross profit increased to $14.7 million, compared to pro forma second quarter 2015 gross profit of $14.0 million  Gross margins improved to 68.5% compared to 64.9% for the second quarter of 2015  The Company reported an EBITDA gain of $332,973 for the second quarter 2016 BELGRADE, Mont., Aug. 01, 2016 (GLOBE NEWSWIRE) — Xtant™ Medical Holdings, Inc. (NYSE MKT:XTNT),

Eagle Bancorp Montana Earns a Record $1.3 Million, or $0.32 Per Diluted Share, in 2Q16; Increases Regular Quarterly Cash Dividend to $0.08 per Share and Announces Stock Repurchase Plan

HELENA, Mont., July 28, 2016 (GLOBE NEWSWIRE) — Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income increased 59.6% to $1.3 million, or $0.32 per diluted share, in the second quarter of 2016, compared to $792,000, or $0.21 per diluted share, in the second quarter a year ago.  In the preceding quarter, Eagle earned $647,000, or $0.17 per diluted share.  In the first six months of 2016, net income increased 62.2% to $1.9 million, or $0.49 per diluted share, compared to $1.2 million, or $0.30 per diluted share, in

Xtant™ Medical Announces the Operations Expansion of Montana’s Tissue Processing Rooms

BELGRADE, Mont., July 26, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced the expansion of its tissue processing facility in Belgrade, MT, which now includes an additional seven new processing rooms. This more than doubles the capacity of processing rooms available for production. The new processing suite will improve both production efficiency and utilization of resources, while allowing for the Company to increase its future product offerings. The rooms are equipped with the latest, state-of-the-art equipment for processing biologics, and will help Xtant Medical

Rocky Mountain Bank Takes Another Swipe at Breast Cancer

BILLINGS, Mont., July 08, 2016 (GLOBE NEWSWIRE) — The fight against breast cancer in Montana received yet another big boost recently, after check presentations to the St. Vincent Healthcare Foundation, Clark Fork Valley Hospital, Cancer Support Community of Montana and the Kalispell Regional Healthcare Foundation, totaling $23,500. A photo accompanying this release is available at: http://www.globenewswire.com/NewsRoom/AttachmentNg/b3b712d7-5b7a-45c6-8425-3f0a0c2b5587 “This gift goes toward the annual women’s retreat, which helps women in all stages of cancer—survivors and fighters—through their journey,” says Jeannie Gracie, Development Director for the Cancer Support Community of Montana. “The retreat provides three full-time nurses to care for patients currently battling cancer.”

Glacier Bancorp, Inc. Announces Second Quarter Earnings Release and Conference Call

KALISPELL, Mont., July 06, 2016 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (Nasdaq:GBCI) will report second quarter financial results after the market closes on July 21, 2016. A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, July  22, 2016. The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 877-561-2748 and the conference ID is 41356911. To participate on the webcast, log on to: http://edge.media-server.com/m/p/grb9rbne. If you are unable to participate during the live webcast, the call will be archived on our

Service Corporation International Announces $40 Million Investment in Texas

HOUSTON, June 07, 2016 (GLOBE NEWSWIRE) — Service Corporation International (NYSE:SCI), North America’s largest provider of funeral and cemetery services, and its brand Dignity Memorial®, today announced a $40.9 million investment in new, upgraded and expanded facilities in cities across Texas including Dallas/Ft. Worth, El Paso, Houston, the Rio Grande Valley and Austin. These initiatives are part of the company’s ongoing commitment to the communities served by SCI and reinforce its core values of innovation and service excellence. “These firms have been a vital part of their communities and our long range plan will enhance our properties with functional and

Xtant Medical to Present at Investor Conferences

BELGRADE, Mont., May 17, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), formerly Bacterin International Holdings, Inc., a leader in the development, manufacturing and marketing of orthopedic products for domestic and international markets, today announced that its Chief Executive Officer, Dan Goldberger will be presenting at the following conferences: 17th Annual B. Riley & Co. Investor Conference The Company will be presenting at the 17th Annual B. Riley & Co. Investor Conference, to be held May 25 – 26, 2016 at the Loews Hollywood Hotel in Los Angeles, California. Xtant Medical’s presentation will take place Wednesday, May 25,

LPL Financial Provides Update on First Quarter 2016 Advisor Recruiting

CHARLOTTE, N.C., May 16, 2016 (GLOBE NEWSWIRE) — Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today provided an update on financial advisors who chose to affiliate with the firm in the first quarter of 2016. Select new advisors, their approximate respective assets served* as of a recent date prior to joining LPL and their (former firm) include: $100M+ Jacob Chaparro, San Diego (TD Ameritrade Inc.) Christopher Cotterell and Ryan Oates, Winchester, Va. (Infinex Investments) Philip Doster, Chicago (Merrill Lynch) Paul Duncan, Carlsbad, Calif. (Securities America) Anthony

Xtant™ Medical Announces the FDA Clearance for the Posterior Cervical Screw Indication on Certex® Spinal Fixation System

BELGRADE, Mont., May 12, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development of regenerative medicine products and medical devices, today announced FDA clearance for the posterior cervical screw indication on the Certex® Spinal Fixation System. The cleared indication for the posterior cervical screw expands the use of the Certex® screws into the posterior cervical spine. The Certex® Spinal Fixation System can be linked to the Fortex® Pedicle Screw System and the Xpress™ Minimally Invasive Pedicle Screw System with rod-to-rod connectors and transition rods. “This extended use of Certex® screws in the cervical spine

Xtant™ Medical Reports First Quarter 2016 Results

See footnote about the use of pro forma financial information First Quarter 2016 Highlights: Core recurring revenue (excluding OEM and other revenue) increased 6.8% to $20.5 million compared to core pro forma recurring revenue of $19.2 million in first quarter 2015 Gross profit increased slightly to $14.1 million compared to pro forma first quarter 2015 gross profit of $14.0 million Gross margins improved to 67.2%, compared to pro forma 64.3% in the first quarter of 2015 The Company reported an EBITDA loss of approximately $145,000 for the first quarter of 2016 BELGRADE, Mont., May 04, 2016 (GLOBE NEWSWIRE) — Xtant™

Four Sears Hometown Stores in Montana Overhaul Appliance Retail Strategy

HELENA, Mont., April 13, 2016 (GLOBE NEWSWIRE) — Evolving to meet changing consumer needs and to embrace its nationwide branding as “America’s Appliance Experts,” the refresh of four Sears Hometown and Outlet Stores in Montana culminates with a grand reopening celebration April 15-16, 2016 at the locations in Bozeman, Kalispell, Hamilton and Helena. Throughout the celebration weekend, consumers are invited to enjoy an additional discount of 10 percent off almost everything in the store.* The store refresh includes a new product assortment, redesigned merchandising, new fixtures & signage, and comprehensive employee training, among other changes. “We listened to our customers

Glacier Bancorp, Inc. Increases Quarterly Dividend

KALISPELL, Mont., March 30, 2016 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc.’s (NASDAQ:GBCI) Board of Directors, at a meeting held on March 30, 2016, declared a quarterly dividend of $.20 per share, an increase of $.01 per share, or 5.30%.  The Company has declared 124 consecutive quarterly dividends and has increased the dividend 40 times. The dividend is payable on April 21, 2016, to owners of record on April 12, 2016. Glacier Bancorp, Inc. is the parent company for Glacier Bank, Kalispell and bank divisions First Security Bank of Missoula; Valley Bank of Helena; Big Sky Western Bank, Bozeman; Western Security

Xtant Medical Announces Distribution Agreement with Vivex Biomedical Bringing OsteoVive™, a Cellular Allograft, to Market

BELGRADE, Mont., March 24, 2016 (GLOBE NEWSWIRE) — Xtant Medical Holdings, Inc. (NYSE:XTNT), a leader in the development of regenerative medicine products and medical devices, is expanding its biologics portfolio through a distribution relationship with Vivex Biomedical, Inc., a leading processor of human tissue, synthetics, mimetic patterning technology, and biocellular products. Through this agreement, Xtant Medical will be entering the cellular bone graft market with a viable cell allograft, OsteoVive™. Vivex Biomedical’s proprietary process preserves a cell population that includes marrow-isolated adult multilineage inducible (MIAMI) cells. These cells have been shown to support the patient’s innate bone healing process. Vivex

Xtant™ Medical Reports Record $22.3 Million Revenue and 14.1% Growth for the Fourth Quarter 2015

See footnote about the use of pro forma financial information Fourth Quarter 2015 Highlights: Consolidated total revenue increased 14.1% to a record $22.3 million compared to pro forma fourth quarter 2014 revenue of $19.5 million Consolidated gross profit increased 14.9% to $14.9 million compared to pro forma fourth quarter 2014 gross profit of $13.0 million Consolidated gross margins improved to 67.0%, compared to 66.5% reported in the fourth quarter of 2014 Consolidated net income for the quarter improved to $11.6 million compared to a pro forma net loss of $5.0 million in the fourth quarter of 2014 Consolidated earnings per

Jasper Hill Farm’s ‘Moses Sleeper’ and ‘Winnimere’ Take Gold at World Cheese Championships

Greensboro, Vermont, March 11, 2016 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Jasper Hill Farm’s ‘Moses Sleeper’ and ‘Winnimere’ Take Gold at World Cheese Championships March 10, 2016 Jasper Hill Farm announced today that two of their cheeses, ‘Moses Sleeper’ and ‘Winnimere’ were awarded Best in Class awards, with Winnimere ultimately placing in the top 16, at the World Cheese Championships, held this week in Madison, WI. This year’s contest included 2,959 entries from 23 countries and 31 states. In addition, two of Jasper Hill’s other cheeses, ‘Harbison’ and ‘Bayley Hazen Blue’, placed in the top five in their categories, with