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Day: December 3, 2019

HealthEquity Reports Strong Third Quarter Results, Raises Business Outlook

Highlights of the third quarter include:Revenue of $157.1 million, an increase of 123% compared to Q3 FY19.Net loss of $21.3 million, compared to net income of $15.7 million in Q3 FY19, with non-GAAP net income of $32.8 million, an increase of 65% compared to Q3 FY19.Net loss per diluted share of $0.30, compared to net income per share of $0.25 in Q3 FY19, with non-GAAP net income per diluted share of $0.47, an increase of 52% compared to Q3 FY19.Adjusted EBITDA of $55.5 million, an increase of 87% compared to Q3 FY19.5.0 million HSAs, an increase of 37% compared to Q3 FY19.$10.5 billion Total HSA Assets, an increase of 48% compared to Q3 FY19.12.5 million Total Accounts, including both HSAs and complementary consumer-directed benefit (“CDB”) accounts.The WageWorks acquisition closed on August 30, 2019.DRAPER, Utah, Dec. 03,...

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Leiðrétt greinargerð – Tillaga frá Útgerðarfélagi Reykjavíkur hf. fyrir hluthafafund Brims hf. 12. desember 2019

Útgerðarfélag Reykjavíkur hefur óskað eftir að meðfylgjandi tillaga verði sett á dagskrá á hluthafafundi Brims þann 12. desember 2019, en greinargerð með tillögunni hefur verið leiðrétt eftir ábendingu frá Kauphöll Íslands í dag.ViðhengiTillaga ÚR leiðrétt greinargerð

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Freddie Mac Research Shows What It Takes to Offer Affordable Housing in High-Cost, High Opportunity Markets

MCLEAN, Va., Dec. 03, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) released a Duty to Serve white paper detailing how unique financing structures allowed for affordable rents in the high-cost metro areas of Honolulu, Hawaii; San Jose, California; and Portland, Oregon. The three properties studied are in high opportunity areas, which offer unique social and economic benefits to residents but are often constrained by high land and construction costs, lack of buildable land and zoning restrictions.“Improving access to affordable housing in high opportunity areas can be especially difficult,” said Steve Guggenmos, vice president of Multifamily Research and Modeling at Freddie Mac. “The case studies we analyzed in our new report show that a diverse capital stack and an array of community stakeholders are often essential to success....

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Nevada Exploration Upsizes Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Dec. 03, 2019 (GLOBE NEWSWIRE) — Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V: NGE; OTCQB: NVDEF) announces that the Company plans to increase the size of its previously announced financing (please refer the Company’s news release dated November 26, 2019) up to 5,625,000 units (the “Units”) at a price of $0.20 CAD per Unit (the “Offering”), for total gross proceeds of up to $1,125,000 CAD.Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (a “Warrant”), with each whole Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of $0.50 CAD per Common Share for 30 months after the...

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Raven Controller Honored with USD Distinguished Alumni Award

SIOUX FALLS, S.D., Dec. 03, 2019 (GLOBE NEWSWIRE) — Raven Industries, Inc.(the Company; NASDAQ:RAVN) announced today that Jacob Wurth, Raven Corporate Controller, was honored by the University of South Dakota (USD) Beacom School of Business with its 2019 Division of Accounting and Finance Distinguished Service Award. The award is bestowed to an alumnus who had demonstrated continued service to and support of the University of South Dakota Division of Accounting and Finance as well as the accounting and financial services profession. 

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Bel Closes on Acquisition of CUI Inc. Power Assets

JERSEY CITY, N.J., Dec. 03, 2019 (GLOBE NEWSWIRE) — Bel Fuse Inc. (“Bel,” or, “the Company”) (Nasdaq:BELFA and Nasdaq:BELFB), a leading supplier of products that power, protect and connect electronic circuits, today announced that the Company has closed on its previously-announced asset purchase agreement (the “Agreement”) with CUI Global Inc. (Nasdaq:CUI) related to the purchase of the majority of the power business of CUI Inc.The acquired business had trailing twelve-month sales of approximately $37 million and is expected to be accretive to Bel’s consolidated net earnings by the second quarter of 2020.  Gross margins (unaudited) are higher than Bel’s historical range, and the combination is expected to yield annual cost synergies of approximately $500,000.  Bel will continue to operate the business from CUI Inc.’s leased ISO...

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Republic Bank Returns to Haddonfield for Small Business Saturday Celebration

PHILADELPHIA, Dec. 03, 2019 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the parent company of Republic Bank, celebrated Small Business Saturday by honoring two valued small business customers. On November 30th, Republic Bank selected Haddonfield Running Company and Sweet T’s Bakeshop, two local mainstays in Haddonfield, NJ, to support on their busiest shopping day of the year.On a day that last year saw 104 million shoppers spend a record high of $17.8 billion at small businesses across the country, Republic Bank again demonstrated its commitment to small businesses by surprising and delighting shoppers at both stores with its festive street team, friendly mascot R Dog and free gift cards. The street team generated buzz around the stores and encouraged shoppers to make purchases with complimentary gift cards....

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Bombardier Teams with Texas State Technical College on Apprenticeship Program to Develop Local Talent, Manufacture Global 7500 Wing

Bombardier Aviation Apprenticeship Program (BAAP) will support growth of Global 7500 Advanced Metal Wing manufacture in Red Oak, TexasComprehensive six-month program offers students chance to enter high-tech aerospace field with no formal training, charting course for great careerNew initiative will help grow grassroots aerospace pipeline in Red OakRED OAK, Texas, Dec. 03, 2019 (GLOBE NEWSWIRE) — Bombardier today announced the establishment of a new aviation apprenticeship training program in association with Texas State Technical College (TSTC) in Red Oak, Texas, designed to develop local talent, drive regional aerospace growth and provide support for the manufacture of the Advanced Metallic Wing for the Global 7500 aircraft at its Red Oak facility.The two-year Bombardier Aviation Apprenticeship Program (BAAP) will offer students...

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Bombardier s’associe avec le Texas State Technical College pour établir un programme d’apprentissage afin de développer les talents locaux pour la fabrication de l’aile du Global 7500

Le Bombardier Aviation Apprenticeship Program (BAAP) soutiendra la croissance de la fabrication de l’aile métallique évoluée du Global 7500 à Red Oak (Texas)Le programme complet de six mois offre aux étudiants l’accès au domaine de l’aéronautique sans formation officielle préalable, leur ouvrant la voie à une intéressante carrièreLa nouvelle initiative aidera à la croissance du réservoir de talents en aéronautique à Red OakRED OAK, Texas, 03 déc. 2019 (GLOBE NEWSWIRE) — Bombardier a annoncé aujourd’hui l’établissement d’un nouveau programme de formation en aviation, conjointement avec le Texas State Technical College (TSTC) de Red Oak, visant à développer les talents locaux, à stimuler la croissance du secteur aéronautique dans la région et à fournir un soutien à la fabrication de l’aile métallique évoluée de l’avion Global 7500...

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Check Point CloudGuard Log.ic Helps Improve Security Incident Response for Customers

LAS VEGAS, Dec. 03, 2019 (GLOBE NEWSWIRE) — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, announced the integration of CloudGuard Log.ic with Amazon Detective, a security service from Amazon Web Services (AWS) that is designed to easily analyze, investigate, and quickly identify the root cause of security findings or suspicious activities. CloudGuard Log.ic complements Amazon Detective by delivering cloud security intelligence, analytics, and simplified visualization of potential security incidents to customers.Today, security professionals struggle to establish context to a security incident in the cloud, especially when associated incident data is disparate and large-scale. According to a recent IBM Security Report, conducted by Ponemon Institute, the average time...

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