Tag: United States

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Huntington Ingalls Industries Selected To Perform Overhaul Work On USS Ramage (DDG 61)

PASCAGOULA, Miss., Sept. 14, 2016 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has been awarded a $14 million base contract to perform an extended selected restricted availability on the Arleigh Burke-class (DDG 51) destroyer USS Ramage (DDG 61). With all options exercised, the total contract value would be $21.4 million. USS Ramage was originally built at Ingalls and delivered to the U.S. Navy in 1995. “Ingalls has a longstanding tradition in the overhaul/modernization business,” said Ingalls Shipbuilding President Brian Cuccias. “We are pleased with the Navy’s confidence in us to perform this work on DDG 61. It

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

Student Transportation Inc. Reports Fourth Quarter & Fiscal Year 2016 Results

BARRIE, Ontario, Sept. 14, 2016 (GLOBE NEWSWIRE) — Student Transportation Inc. (TSX:STB) (NASDAQ:STB) (“STI” or “the Company”) today announced financial results for the fourth quarter and fiscal year ended June 30, 2016. All financial results are reported in U.S. dollars except as otherwise noted. “We were very pleased with our strong performance and solid results in fiscal 2016 which were in line with our internal objectives and we are well-positioned for continued improvements in fiscal 2017,” said Denis J. Gallagher, STI Chairman and CEO. “Our year-end results reflect the positive impact of our fuel management and early stage returns from strategic

Builders FirstSource, Inc. Announces Modified Dutch Auction Tender Offer for 10.75% Senior Notes Due 2023

DALLAS, Sept. 14, 2016 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (the “Company”) (Nasdaq:BLDR), a leading supplier and manufacturer of structural and related building products for residential new construction and home repair and remodeling in the United States, today announced the commencement of a cash tender offer to purchase (the “Tender Offer”) up to $50,000,000 aggregate principal amount of its 10.75% Senior Notes due 2023 (CUSIP Nos. 12008R AH0 (144A) and U08985 AD2 (Reg S)) (the “Notes”) at a purchase price per $1,000 principal amount determined in accordance with a modified Dutch auction procedure on the terms and subject to the

Vitamin absorption and deficiency detection pivotal to sustained growth in Global Multivitamin Market

SAN ANTONIO, Sept. 14, 2016 (GLOBE NEWSWIRE) — Verify Markets’ analysis of The Status of the Global Multivitamin Market shows that the market is valued at over $10 billion in sales for 2015 (http://www.verifymarkets.com/products/2016-global-multivitamin-market).  The global market for multivitamins is both fragmented and at a point of stagnation, growing slowly. Despite this, multivitamins are used more frequently and more often than other vitamins or dietary supplements, globally. The major market drivers for the multivitamin market include increased multinational company participation in the category, rising economic confidence and an enormous and fast-emerging middle class in several large countries (Brazil, Russia, India and

AmeriPride Services Sponsors Third Annual 'Day of Service'

MINNEAPOLIS, MINN., Sept. 14, 2016 (GLOBE NEWSWIRE) — AmeriPride Services today announced that its 47 branches and other locations across the U.S. and Canada will participate in the 3rd annual ‘Day of Service’ community giving program in which employees are given the opportunity to spend all or part of their work day volunteering, donating goods and services, or participating in community events. “I am very pleased with the enthusiastic participation of our employees across the organization and the continued success of this program,” said Bill Evans, President and CEO of AmeriPride Services. “We have been growing this event over the

Associa's Canyon Gate Chosen to Manage Two Prestigious Estate Communities

ALBUQUERQUE, N.M., Sept. 14, 2016 (GLOBE NEWSWIRE) — Canyon Gate, an Associa company, announces that is has been named the management company of choice for Montecito Estates and Stonehenge Estates at High Resort. It is providing full services, including financial, maintenance, communications and administrative services to each of these single-family neighborhoods: Montecito Estates contains 588 single-family homes, a clubhouse, pool and many park and gathering areas. It’s located along the Petroglyph National Park in Albuquerque. Stonehenge Estates is comprised of 327 single-family homes located in Rio Rancho in the High Resort area with views of the golf course at Chamisa

PHOTO RELEASE–Huntington Ingalls Industries Selected To Perform Overhaul Work On USS Ramage (DDG 61)

PASCAGOULA, Miss., Sept. 14, 2016 (GLOBE NEWSWIRE) — Huntington Ingalls Industries’ (NYSE:HII) Ingalls Shipbuilding division has been awarded a $14 million base contract to perform an extended selected restricted availability on the Arleigh Burke-class (DDG 51) destroyer USS Ramage (DDG 61). With all options exercised, the total contract value would be $21.4 million. USS Ramage was originally built at Ingalls and delivered to the U.S. Navy in 1995. “Ingalls has a longstanding tradition in the overhaul/modernization business,” said Ingalls Shipbuilding President Brian Cuccias. “We are pleased with the Navy’s confidence in us to perform this work on DDG 61. It

CSX Receives Award of Excellence for “CSX Rail Respond” Emergency Response Tool

WASHINGTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — The National Alliance for Public Safety GIS (NAPSG) Foundation has granted an Award of Excellence in Public Safety to CSX for its “CSX Rail Respond” mobile-computing application, which provides firefighters, police officers and other emergency responders with easy mobile access to critical information about the commodities traveling on CSX rails in near-real time. CSX Rail Respond supports safe and effective response to rail-related incidents by allowing emergency first responders to determine the exact contents of any rail car on a CSX train, along with emergency response information and recommendations for protective action distances.

Inc. Magazine Names PTS Diagnostics to its 2016 List of the 5,000 Fastest Growing Private Companies

INDIANAPOLIS, Sept. 14, 2016 (GLOBE NEWSWIRE) — PTS Diagnostics, the US-based manufacturer of point-of-care biometric testing devices distributed across the globe, has been selected for an impressive sixth time to the prestigious Inc. 5000 list. For the 2016 Inc. 5000 list, PTS Diagnostics placed as the 3,772nd fastest growing private company in America based on three-year revenue growth of 81%. PTS Diagnostics is one of only 237 of the 5,000 companies listed this year to have been chosen for four consecutive years.  This designation puts PTS Diagnostics in the top 50 fastest growing companies in Indiana. Founded in 1992, PTS

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Envoy Air Now Offers Industry-Leading Pay for Pilots

IRVING, Texas, Sept. 14, 2016 (GLOBE NEWSWIRE) — Envoy Air Inc., a wholly owned subsidiary of American Airlines Group (NASDAQ:AAL), announced today that it will nearly double the starting rate of pay for new hires, to nearly $38 per hour – effectively starting new hire pilots on Step 3 of the Envoy pilot pay scale. This means that Envoy First Officers can earn $58,000 or more in their first year on the job. The carrier will also increase the pay rates for existing First Officers during their first three years with the airline – and expand its existing First Officer

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PetLife Pharmaceuticals Continues Execution of its Vitalzul TM Business Plan with start of Proof of Concept studies; Provides Updates

Hancock, MD, Sept. 14, 2016 (GLOBE NEWSWIRE) — Hancock, MD – PetLife Pharmaceuticals, Inc. (OTC QB: PTLFD) (the “Company”), a developer of Vitalzul™, a new generation of high potency veterinary cancer medications and nutraceuticals for pets, announces plans to begin its Proof of Concept study as part of its pre-INAD (Investigational New Animal Drug) program. The study will be undertaken under contract by InnoVision Therapeutics. Proof of Concept studies are an early stage of clinical drug development when a compound has shown potential in animal models and early safety testing. These small-scale studies are designed to detect a signal that

Frontier Pharma: Chronic, Acute and Neuropathic Pain – GPCR and Nerve Growth Factor-based therapies offer strong potential in difficult-to-treat subtypes: ResearchMoz

Albany,NY, Sept. 14, 2016 (GLOBE NEWSWIRE) — Pain, and in particular chronic pain, is a significant global health issue. While pain is not considered a disease in its own right, there is a growing body of evidence that substantiates chronic pain as a disease, rather than just as a symptom of a primary cause. In the US, pain affects more people than cancer, diabetes and heart disease combined, with an estimated 100 million people having experienced at least one chronic pain episode in the last 12 months, at an annual cost of around $600 billion in medical treatment and lost

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

Rising Number of Business and Leisure Trips to Bolster Global Car Rental Market’s Growth until 2021

Brooklyn, NY,, Sept. 14, 2016 (GLOBE NEWSWIRE) — The research study has made use of several analytical tools to identify and analyze the potential opportunities in the car rental market across the globe. The key growth drivers, challenges, geographical segmentation, and the competitive landscape of the market have been mentioned in the scope of the research study. The inputs given by industry experts in the report are anticipated to guide the market players and decision-makers in formulating effective financial as well as business strategies effectively in the coming years. Get Sample Copy of Report for more Professional and Technical insights

Global Almond Oil Market to Witness Rapid Growth on Account of Rising Demand from Cosmetic Industry

Brooklyn, NY,, Sept. 14, 2016 (GLOBE NEWSWIRE) — Furthermore, the research study has provided the past performance of the global almond oil market along with the forecast figures with the help of tables, graphs, charts, and infographics. Inputs given by industry specialists have been added in the study to help the existing and new players in the market in formulating effective business decisions in the next few years. Get Sample Copy of Report for more Professional and Technical insights at: http://www.qyresearchreports.com/sample/sample.php?rep_id=734805&type=E The global almond oil market can be divided on the basis of product type into bitter almond oil and

Global and China Lithium-ion Battery Market to Witness Rapid Growth with Rising Number of Applications

Brooklyn, NY,, Sept. 14, 2016 (GLOBE NEWSWIRE) — The global market for lithium-ion batteries is projected to witness rapid growth in the forecast period, owing to the several advantages they offer such as longer life and higher efficiency compared to other types of batteries. Moreover, the rising number of applications of lithium-ion battery in diverse sectors, including buses and cars, is estimated to encourage the growth of the overall lithium-ion battery market in the near future. On the flip side, the low awareness regarding the advantages of lithium-ion batteries and their high costs are the key factors expected to curb

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

Carpenter Technology Announces Retirement Plan Changes

Will freeze General Retirement Plan effective December 31, 2016 Aligns retirement benefit plans for most employees WYOMISSING, Pa., Sept. 14, 2016 (GLOBE NEWSWIRE) — Carpenter Technology Corporation (NYSE:CRS) (the “Company”) today announced changes to retirement plans it offers to certain employees. The Company will freeze benefits accrued to eligible participants of the General Retirement Plan (“GRP”) effective December 31, 2016. The GRP is a defined benefit pension plan that currently includes approximately 1,900 domestic current salaried and hourly employees. The affected employees will be transitioned to the Company’s 401(k) plan that has been in effect for eligible employees since 2012,

Synaptics Enhances Broad Automotive Portfolio with Three New Touch Controllers

SAN JOSE, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Synaptics Incorporated (NASDAQ:SYNA), the leading developer of human interface solutions, today announced three new feature-rich touch controller solutions designed specifically for the quality and reliability requirements and lifetime needs of the automotive market. The new Synaptics ClearPad® automotive solutions include S7880, S7881, and S7882 touchscreen controllers which address the rapidly advancing evolution of modern vehicle cockpits. Synaptics’ ClearPad automotive touch controllers harness the company’s deep expertise in human interface with features including pressure-sensing ClearForce™ technology, proximity detection, performance while wearing gloves, and performance under moist screen or finger conditions. Synaptics’ automotive