Day: November 18, 2019
NEW YORK, Nov. 18, 2019 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that Exelon Corporation (Nasdaq: EXC), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Thursday, November 21, 2019. Exelon Corporation will replace Celgene Corporation (Nasdaq: CELG) in the indexes.Exelon Corporation is headquartered in Chicago, Illinois and has a market capitalization of approximately $44 billion. For more information about the company, go to http://www.exeloncorp.com/.About NasdaqNasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their...
Titanium Corporation Reports Third Quarter Ended September 30, 2019
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CALGARY, Alberta, Nov. 18, 2019 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) today released its results for the three and nine-month periods ended September 30, 2019.The Company has continued to make progress on commercialization of its CVW™ technology with Canadian Natural Resources Limited (“Canadian Natural”) at its Horizon oil sands site. Work continues with Canadian Natural on preliminary planning and analysis for the next phase of the CVW™ project. The Company is also meeting with government funding agencies regarding the contracts required by each program and updates on progress toward the next phase of the project. “Our team is focused on achieving a joint decision to move forward with the commercial project and associated government funding agreements,” commented Scott Nelson,...
America’s Car-Mart Reports Diluted Earnings per Share of $2.00 on Record Revenues of $190 Million
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BENTONVILLE, Ark., Nov. 18, 2019 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the second quarter of fiscal year 2020.Highlights of second quarter operating results:Net earnings of $13.9 million, or $2.00 per diluted share vs. net earnings of $11.3 million, or $1.58 per diluted share for prior year quarterRevenues of $190 million compared to $167 million for the prior year quarter; current quarter includes same store revenue increase of 12.2%Sales volume productivity of 31.6 retail units sold per store per month, up from 29.7 for the prior year quarterInterest income increased 8.7%, or $1.8 million, with an 8.3% increase in average finance receivablesGross profit dollars increased $6.9 million, or 11.3%, to $67.9 million, and gross profit dollars per retail unit sold increased...
Trevena to Present at the Stifel 2019 Healthcare Conference
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CHESTERBROOK, Pa., Nov. 18, 2019 (GLOBE NEWSWIRE) — Trevena, Inc. (Nasdaq: TRVN), a biopharmaceutical company focused on the development and commercialization of novel medicines for patients with central nervous system (CNS) disorders, today announced that Mark Demitrack, M.D., Senior Vice President and Chief Medical Officer, will present at the Stifel 2019 Healthcare Conference, sponsored by Stifel, to be held at the Lotte New York Palace Hotel in New York City on Wednesday, November 20, 2019 at 8:35 a.m. EST.A live audio webcast and archived replay of the presentation will be available on Trevena’s investor relations website at https://investors.trevena.com/. Following the conclusion of the presentation, the webcast will be available for replay for 30 days.For more information about the conferences, or to schedule a one-on-one...
STRATA Filed its Quarterly Reports for the First Three Quarters of 2019 on Form 10-Q
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Company recurring revenue segment revenue up 13% for the nine months ended September 30, 2019 over comparable period in 2018Company recurring revenue segment gross margins for the nine months ended September 30, 2019 and 2018 were 68.0% and 62.5%, respectivelyCompany generated $1.6 million adjusted EBITDA for the nine months ended September 30, 2019 including charges of approximately $1.7 million in one-time accounting and legal costs associated with the delinquent filingsCash position as of September 30, 2019 is $16.2 millionCompany ended the quarter with 784 domestic and 2 international recurring revenue devices, an increase of 40 devices from the beginning of 2019HORSHAM, Pa., Nov. 18, 2019 (GLOBE NEWSWIRE) — STRATA Skin Sciences, Inc. (NASDAQ: SSKN) (“STRATA” or the “Company”), a medical technology company in Dermatology and...
ConnectOne Bancorp, Inc. Announces the Receipt of Regulatory Approvals for Bancorp of New Jersey Transaction
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ENGLEWOOD CLIFFS, N.J., Nov. 18, 2019 (GLOBE NEWSWIRE) — ConnectOne Bancorp, Inc. (Nasdaq: CNOB) (the “Company” or “ConnectOne”), announced today that its wholly-owned bank subsidiary, ConnectOne Bank (the “Bank”), has received regulatory approvals to proceed with its previously announced acquisition of Bank of New Jersey, a New Jersey state-chartered bank and wholly-owned bank subsidiary of Bancorp of New Jersey, Inc. Approval was granted by both the New Jersey Department of Banking and Insurance and the Federal Deposit Insurance Corporation.Additionally, the Company announced that it has previously obtained from the Board of Governors of the Federal Reserve System a waiver from the application requirements of Section 3 of the Bank Holding Company Act of 1956, as amended, with respect to the merger of Bancorp of New Jersey, Inc....
Element Announces Israel Kaufman to Join Company as EVP and Treasurer
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TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), a leading global provider of fleet management services, today announced the appointment of Israel (Izzy) Kaufman as Executive Vice President and Treasurer, effective December 3, 2019.Mr. Kaufman brings to Element more than two decades of experience in treasury at leading financial services companies, overseeing key areas including funding, liquidity, interest-rate risk, and banking relationships. He will be based in Toronto and report to President and Chief Executive Officer, Jay Forbes. Mr. Kaufman succeeds the Company’s long-time Treasurer, Karen Martin, who, as previously announced, is retiring from Element.“We are delighted to welcome a seasoned executive with such wide-ranging and relevant experience to our leadership...
Marathon Patent Group Announces Results of Annual Meeting of Stockholders
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LAS VEGAS, Nov. 18, 2019 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), today announced that on November 15, 2019, the Company held an annual meeting of stockholders (the “Meeting”). As of the record date for the Meeting, 7,853,461 shares of common and preferred stock were issued and outstanding. A total of 4,956,738 shares of common and preferred stock, constituting a quorum, were present and accounted for at the Meeting. At the Meeting, the Company’s stockholders approved the following proposals:(i) Approval of issuance of shares over 19.99%. The share issuance was approved, and the votes were cast as follows:(ii) The reelection of each of the Class II following current directors of the Company, who were candidates for reelection. The directors were reelected, and...
BRP Group, Inc. to Report Third Quarter 2019 Results on Monday, December 2, 2019
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TAMPA, Fla., Nov. 18, 2019 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance and risk management insights and solutions, announced today that it will report its third quarter 2019 financial results after the market closes on Monday, December 2, 2019.The company will hold a conference call to discuss results at 5:00 PM ET on that day. The dial-in number for the conference call is (877) 451-6152 (toll-free) or (201) 389-0879 (international). Please dial the number 10 minutes prior to the scheduled start time. A live webcast of the conference call will also be available on BRP’s investor relations website at ir.baldwinriskpartners.com. A replay will be available following the end of the call through Monday, December 16,...
GCP Applied Technologies Files Patent Infringement Lawsuit
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CAMBRIDGE, Mass., Nov. 18, 2019 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, announced that it has filed a patent infringement lawsuit against AVM Industries, Inc. (“AVM”) in the United States District Court for the Central District of California. In the complaint, GCP alleges that AVM’s unauthorized use and sale of waterproofing membranes such as Aussie Skin® 550 and Aussie Skin® 560, which are imported from China, has infringed and continues to infringe GCP’s U.S. Patent No. 8,713,879, entitled “Waterproofing Membrane.” The lawsuit seeks injunctive relief against further infringement, as well as damages and attorney’s fees in amounts to be determined at trial. Copies of the filing and other documents related to the lawsuit are available via registration...