Tag: US

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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

El Pollo Loco Celebrates National Chicken Month with Special Offers

COSTA MESA, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Calling all chicken enthusiasts! El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled chicken chain, is celebrating National Chicken Month with exciting promotions for guests now through September 30. In honor of the most delicious month of the year, El Pollo Loco is offering special deals that are sure to delight chicken fans. Throughout the month of September, guests who spend $10 will receive a coupon for a $5 2-piece leg and thigh combo meal on their next visit. The Company is also offering $1 off coupons to fans who show their

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

Nevada Gold & Casinos Reports First Quarter 2017 Financial Results

LAS VEGAS, Sept. 14, 2016 (GLOBE NEWSWIRE) — Nevada Gold & Casinos, Inc. (NYSE MKT:UWN) today announced financial results for the first quarter ended July 31, 2016. For the first quarter of fiscal 2017, the company reported net revenues of $18.3 million compared to $15.9 million in the first quarter of fiscal 2016. Operating expenses were $18.2 million compared to $15.2 million in the prior year period.  Operating income was $0.1 million compared to $0.8 million and net loss was $0.1 million, or $0.01 loss per share, compared to net income of $0.5 million, or $0.03 per share, in the

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

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Aviragen Therapeutics Reports Fourth Quarter and Fiscal Year 2016 Financial Results

ATLANTA, Sept. 14, 2016 (GLOBE NEWSWIRE) — Aviragen Therapeutics, Inc. (NASDAQ:AVIR) today announced its financial results for the fourth quarter and 2016 fiscal year ended June 30, 2016, and also provided an update on recent corporate and clinical developments. “Over the last twelve months we have made significant advances with our three next generation direct-acting antivirals that address serious infections with limited therapeutic options. Enrollment is 90% complete in the SPIRITUS Phase 2b trial of vapendavir for the treatment of human rhinovirus infections in moderate and severe asthmatic patients, and we look forward to announcing top-line data from the trial

Global Blood Therapeutics Announces Publication of Preclinical Results Supporting GBT440 Program for Hypoxemic Pulmonary Disorders

SOUTH SAN FRANCISCO, Calif., Sept. 14, 2016 (GLOBE NEWSWIRE) — Global Blood Therapeutics, Inc. (GBT) (NASDAQ:GBT), a biopharmaceutical company developing novel therapeutics for the treatment of grievous blood-based disorders with significant unmet need, today announced publication of preclinical data supporting the development of GBT440 for the treatment of hypoxemic pulmonary disorders, including idiopathic pulmonary fibrosis (IPF), in Physiological Reports. To date, GBT has established preclinical proof of concept for GBT1118, a hemoglobin modifier and analog of GBT440, in three different animal models of hypoxia. Data from these models support the potential beneficial effects of hemoglobin modification as a promising therapeutic strategy

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

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

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

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

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

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

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

FTI Consulting Wins Mega Company Turnaround of the Year Award from Turnaround Management Association

WASHINGTON, Sept. 14, 2016 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that its Corporate Finance & Restructuring segment received the Turnaround Management Association’s Mega Company Turnaround of the Year Award for its role in the Chapter 11 reorganization of automotive supplier Chassix Holdings, Inc.  Chassix produces and sells aluminum and iron castings and machining solutions to the automobile manufacturers, generating more than $1.4 billion in annual revenue. In late 2014, the company faced an over-leveraged balance sheet and a liquidity shortage compounded by