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Preview: Market Wire - Financial Services: Commercial and Investment Banking

Marketwired - Commercial and Investment Banking



Marketwired - Commercial and Investment Banking



Last Build Date: Wed, 24 May 2017 20:24:22 EDT

Copyright: Copyright: (C) Marketwired
 



Earnest Prices $175 million Securitization of Refinanced Student Loans; Achieves AA (High) Rating by DBRS

Wed, 24 May 2017 19:34:19 EDT

SAN FRANCISCO, CA--(Marketwired - May 24, 2017) - Earnest today announced the close of the $175 million Earnest 2017-A transaction backed by refinanced student loans. The offering received an AA (high) rating on the senior notes by DBRS which is now only one notch below the highest attainable rating of AAA. The transaction was three-times oversubscribed and traded at the tight end of market guidance.




SMART Global Holdings, Inc. Prices Initial Public Offering

Wed, 24 May 2017 18:49:21 EDT

NEWARK, CA--(Marketwired - May 24, 2017) - SMART Global Holdings, Inc. ("SMART") (NASDAQ: SGH), the parent company of SMART Modular Technologies, Inc., today announced the pricing of its initial public offering of 5,300,000 of its ordinary shares at a price to the public of $11.00 per share. SMART shares are expected to begin trading on the NASDAQ Global Select Market on May 24, 2017 under the ticker symbol "SGH." The offering is expected to close on May 30, 2017, subject to customary closing conditions.




Freddie Mac Enhances Deep MI CRT Program

Wed, 24 May 2017 16:44:59 EDT

Debuts Second Offering After Successful Pilot




Slate Retail REIT Announces C$65 Million Bought Deal Equity Offering and C$2.5 Million Private Placement

Wed, 24 May 2017 16:39:53 EDT

TORONTO, ONTARIO--(Marketwired - May 24, 2017) -




Partners Announces Results of Annual General Meeting

Wed, 24 May 2017 16:35:51 EDT

TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Partners Real Estate Investment Trust (TSX:PAR.UN) announces the results of voting conducted on May 24, 2017, at the REIT's Annual General Meeting of Unitholders.




Madison Asset Management Announces Board Approval of the Reorganization of Madison Strategic Sector Premium Fund into Madison Covered Call & Equity Strategy Fund

Wed, 24 May 2017 16:08:00 EDT

MADISON, WI--(Marketwired - May 24, 2017) - The Board of Trustees of each of Madison Covered Call & Equity Strategy Fund (NYSE: MCN) and Madison Strategic Sector Premium Fund (NYSE: MSP) (each a "Fund" and together, the "Funds") today approved the reorganization of MSP into MCN, with the anticipation that MCN will be the surviving Fund (the "Reorganization"). The proposed merger and timing are a result of each board's ongoing assessment of the funds and their competitive positioning in the market. The Board of Trustees of each Fund anticipates that the Reorganization will benefit shareholders of each Fund.




Partners Announces $27.0 Million Mortgage at Quebec Property

Wed, 24 May 2017 15:54:51 EDT

TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Partners Real Estate Investment Trust ("Partners" or the "REIT") (TSX:PAR.UN) is pleased to announce that it has finalized a $27.0 million mortgage at the REIT's Mega Centre property in Saint Laurent, Quebec.




Korea Equity Fund, Inc. Announces That Its Shareholders Have Approved the Liquidation of the Fund

Wed, 24 May 2017 13:37:29 EDT

NEW YORK, NY--(Marketwired - May 24, 2017) - Korea Equity Fund, Inc. (NYSE: KEF) (the "Fund") announced that its shareholders approved the dissolution and liquidation of the Fund at a special meeting of shareholders held on May 24, 2017. In accordance with the plan of dissolution previously approved by the Fund's board of directors, the Fund's investment advisers will seek to convert the Fund's portfolio into cash, cash equivalents and other liquid assets as soon as practicable. The Fund will issue further announcements once the date for cessation of trading on the New York Stock Exchange is established and record and payment dates for any dividends and distributions are determined.




Brompton Corp. Declares Dividends

Wed, 24 May 2017 10:57:06 EDT

TORONTO, ONTARIO--(Marketwired - May 24, 2017) - Brompton Corp. (the "Company") is pleased to declare eligible dividends in the amount of $0.0062 per new common share and $0.62 per new class A common share payable on June 16, 2017 to holders of record on June 9, 2017.




Kodiak Capital Group Invited to Participate in the 18th Annual B. Riley & Co. Investor Conference

Wed, 24 May 2017 10:49:19 EDT

Kodiak will discuss financing solutions with public companies attending the conference




Freddie Mac May 2017 Outlook

Wed, 24 May 2017 10:43:33 EDT

Housing Gets Off to a Good Start




Adaptive Insights' Global CFO Survey Warns That Current Pace of Finance Could Threaten Corporate Agility

Wed, 24 May 2017 10:00:00 EDT

CFOs Must Accelerate Reporting, Analysis to Become More Agile




Atrium Mortgage Investment Corporation Announces Increase to Bought Deal Financing

Wed, 24 May 2017 09:36:47 EDT

TORONTO, ONTARIO--(Marketwired - May 24, 2017) -




Freddie Mac Forgoes Issuing a Reference Notes Security on its May 24, 2017 Announcement Date

Wed, 24 May 2017 09:32:15 EDT

MCLEAN, VA--(Marketwired - May 24, 2017) -  Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes® security on its May 24, 2017 announcement date. The company's 2017 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities. 




International Craft Beer Leader, BrewDog, Chooses MicroStar to Fuel Its New U.S. Operations

Wed, 24 May 2017 09:15:07 EDT

DENVER, CO--(Marketwired - May 24, 2017) - As it prepares to open its new, 100,000 square foot, state-of-the-art Columbus brewery, Scottish craft beer pioneer BrewDog has chosen MicroStar to handle keg logistics in order to meet skyrocketing demand.




Viking Completes Drilling of 6 New Oil Wells

Wed, 24 May 2017 09:00:00 EDT

NEW YORK, NY--(Marketwired - May 24, 2017) - Viking Energy Group, Inc. ("Viking") (OTC PINK: VKIN) is pleased to announce its wholly-owned subsidiary, Mid-Con Petroleum, LLC ("Mid-Con"), completed the drilling of 6 new producing oil wells on its ABC lease in Eastern Kansas. The intent to drill such wells was previously announced by the company on February 15th, 2017.




David Levy Says Profits Will Flatten as Fed Tightens in 2017

Wed, 24 May 2017 09:00:00 EDT

Tax Reduction Taking Effect in 2018 Would Reestablish Profits Uptrend




Traditional Home Builder Dream Homes & Development Signs Strategic Partnership with LIG Assets, Inc.

Wed, 24 May 2017 09:00:00 EDT

Agreement details plans for Dream Homes to transition from commonly used construction materials to the next generation in building supported by LIG Assets




SMART Global Holdings, Inc. Prices Initial Public Offering

Wed, 24 May 2017 09:00:00 EDT

NEWARK, CA--(Marketwired - May 24, 2017) - SMART Global Holdings, Inc. ("SMART"), the parent company of SMART Modular Technologies, Inc., today announced the pricing of its initial public offering of 5,300,000 of its ordinary shares at a price to the public of $11.00 per share. SMART shares are expected to begin trading on the NASDAQ Global Select Market on May 24, 2017 under the ticker symbol "SGH." The offering is expected to close on May 30, 2017, subject to customary closing conditions.




WealthBar touts hard questions investors can ask their financial adviser

Wed, 24 May 2017 09:00:00 EDT

Timely advice from a robo-adviser to help put investors first




PeopleFluent Named an Enterprise Learning Market Leader by Aragon Research

Wed, 24 May 2017 08:30:00 EDT

Integrated video learning, social collaboration capabilities, and strength of Talent Management suite cited as key differentiators




Long Island Iced Tea Corp. Announces New Midwest Partnership with Sunrise Foods

Wed, 24 May 2017 08:00:00 EDT

Sunrise Foods is a Preferred Distributor for SpartanNash

Long Island Iced Tea Corp. Authorized to Sell in SpartanNash




Gatewood Capital Partners Closes Debut Fund at over $220 Million

Wed, 24 May 2017 08:00:00 EDT

NEW YORK, NY--(Marketwired - May 24, 2017) - Gatewood Capital Partners ("Gatewood"), a New York based private equity firm, announced today the successful closing of its first fund, Gatewood Capital Opportunity Fund L.P., with more than $220 million in capital commitments, significantly exceeding its $150 million target. Gatewood Capital Partners seeks to make strategic seed and sponsorship investments in highly qualified emerging managers by providing significant anchor capital. Gatewood expects to launch and invest in more than eight funds over the next three years, with capital sourced from a combination of its discretionary fund and limited partners' co-investments.




Pure Reminds Shareholders Of Today's Ex-Dividend Date To Participate In Preferred Stock Dividend

Wed, 24 May 2017 07:30:00 EDT

Shareholders Holding A Minimum of 1.2M Shares Are Eligible to Receive Non-Dilutable, Non-Reversible, Preferred Stock Dividends




MTBC to Present at the 2017 Marcum MicroCap Conference in NYC

Wed, 24 May 2017 07:00:00 EDT

NEW YORK, NY--(Marketwired - May 24, 2017) - MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP) a leading provider of proprietary, cloud-based electronic health records, practice management and mHealth solutions announced today that it will be presenting at the 2017 Marcum MicroCap Investor Conference at the Grand Hyatt Hotel in New York City on Thursday, June 15 at 11:30 AM EDT.




InvestingChannel Launches ExactMatch-Institutional, The Most Advanced Audience Matching Tool in The Financial Services Industry

Wed, 24 May 2017 06:00:00 EDT

The latest offering from InvestingChannel enables clients to precisely target an institutional investing audience -- C-suite executives, portfolio managers, analysts, traders and other influential decision makers




CGIF and Surbana Jurong team up on greenfield project bonds

Wed, 24 May 2017 05:30:00 EDT

Innovative partnership to boost infrastructure funding in Southeast Asia




Slate Retail REIT Announces Renewal of Normal Course Issuer Bid

Tue, 23 May 2017 21:41:19 EDT

TORONTO, ON--(Marketwired - May 23, 2017) - Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, announced today that the REIT has received approval from the Toronto Stock Exchange (the "TSX") to renew its existing normal course issuer bid effective as at the open of markets on May 26, 2017 to repurchase for cancellation up to 3,439,570 class U units (the "Class U Units"), or approximately 10% of the public float of 34,395,708 Class U Units.




IBC Conference Success; IHT Refinance Two Hotel Properties and Accepts Offer to Sell Hotel

Tue, 23 May 2017 18:49:15 EDT

PHOENIX, AZ--(Marketwired - May 23, 2017) - InnSuites Hospitality Trust (NYSE MKT: IHT)




CWB Franchise Finance leads $80 Million loan facility syndication for Holloway Lodging

Tue, 23 May 2017 18:45:16 EDT

MISSISSAUGA, ONTARIO--(Marketwired - May 23, 2017) - CWB Franchise Finance, a division of CWB Financial Group, today announced it has provided an $80 million loan facility to Holloway Lodging Corp., owners of thirty-three hotels across Canada. Holding the majority position in and leading the syndicate loan facility, CWB Franchise Finance provided a $50 million term facility and a $30 million revolver facility that will assist Holloway to refinance existing debt and invest in capital projects and opportunistic acquisitions. The loan facilities are secured against a portfolio of 10 of Holloway's assets located across Ontario, Nova Scotia, New Brunswick, British Columbia and Alberta. Syndicate partners include Coast Capital and ICICI Bank Canada.




Vogogo Inc. Announces Filing of First Quarter Financials

Tue, 23 May 2017 17:00:00 EDT

CALGARY, ALBERTA--(Marketwired - May 23, 2017) - Vogogo Inc. ("Vogogo" or the "Company") (TSX VENTURE:VGO) announces today that it has filed its first quarter financial statements for the period ended March 31, 2017. These financial statements and the corresponding management's discussion and analysis may be obtained on Vogogo's SEDAR profile at www.sedar.com.




Freddie Mac Issues Monthly Volume Summary for April 2017

Tue, 23 May 2017 16:30:00 EDT

MCLEAN, VA--(Marketwired - May 23, 2017) -  Freddie Mac's (OTCQB: FMCC) announced today that it issued its Monthly Volume Summary for April 2017, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments.




Atrium Mortgage Investment Corporation Announces $20 Million Public Offering of Convertible Unsecured Subordinated Debentures

Tue, 23 May 2017 16:12:38 EDT

TORONTO, ONTARIO--(Marketwired - May 23, 2017) -




Hollywall Entertainment, Inc. Repositions for Substantial Growth

Tue, 23 May 2017 14:47:34 EDT

NASHVILLE, TN--(Marketwired - May 23, 2017) -  Hollywall Entertainment, Inc., (OTC PINK: HWAL), a global media and entertainment company announce they are in the final stages of re-structuring its organization and its stock in preparation to support the substantial growth in the company's operations, revenues and investment financial partnerships.




Freddie Mac Announces Pricing of $237.5 Million Multifamily Small Balance Loan Securitization

Tue, 23 May 2017 12:05:50 EDT

MCLEAN, VA--(Marketwired - May 23, 2017) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB31 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $237.5 million in Multifamily SB Certificates (SB31 Certificates), which are anticipated to settle on or about May 30, 2017. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are backed by properties with five or more units. This is the sixth SB Certificate transaction in 2017.




Phoenix Lending Survey Results Shows Deteriorating Confidence on the Strength of the U.S. Economy in the Long Term

Tue, 23 May 2017 11:43:52 EDT

PHILADELPHIA, PA--(Marketwired - May 23, 2017) - From the second quarter Phoenix Management "Lending Climate in America" Survey, results shows lender confidence on the U.S. economy in the long term continuing to deteriorate.




Freddie Mac Prices $345.6 Million Multifamily K-Deal

Tue, 23 May 2017 11:41:46 EDT

MCLEAN, VA--(Marketwired - May 23, 2017) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), backed by fixed-rate multifamily mortgages with 10 year terms. The company expects to issue approximately $345.6 million in K Certificates (K-IR2 Certificates), which are backed by four properties located in Irvine, California. The K-IR2 Certificates are expected to settle on or about May 31, 2017.




Boston Mountain Medical Clinic Grand Opening at Holiday Island

Tue, 23 May 2017 10:00:00 EDT

HOLIDAY ISLAND, AR--(Marketwired - May 23, 2017) - Holiday Island Holdings, Inc. (OTC PINK: HIHI) -- a development stage company operating in the land development sector of the market -- released news today that Boston Mountain Medical Clinic held their grand opening, this Monday, May 22, 2017 at the Holiday Island Shopping Center Medical Clinic 1.




RAPPEL : La Banque Laurentienne communiquera ses résultats du 2e trimestre le 30 mai 2017

Tue, 23 May 2017 09:35:19 EDT

MONTRÉAL, QUÉBEC--(Marketwired - 23 mai 2017) - Le mardi 30 mai 2017, la Banque Laurentienne du Canada (TSX:LB) dévoilera ses résultats financiers du deuxième trimestre de l'exercice 2017. Elle tiendra également une conférence téléphonique pour les représentants des médias et la communauté financière à 15 h 30 (HE). Le rapport trimestriel aux actionnaires, les informations additionnelles et les diapositives de la présentation seront publiés sur le site Web de la Banque (www.banquelaurentienne.ca) avant le début de la conférence téléphonique.




REMINDER: Laurentian Bank to announce its 2nd quarter results on May 30, 2017

Tue, 23 May 2017 09:34:34 EDT

MONTREAL, QUEBEC--(Marketwired - May 23, 2017) - On Tuesday, May 30, 2017, Laurentian Bank of Canada (TSX:LB) will publish its second quarter financial results. It will also hold a conference call for media representatives and the financial community at 3:30 p.m. (ET). The quarterly report to shareholders, supplementary financial information and presentation slides will be posted on the Bank's website, www.laurentianbank.ca, prior to the conference call.




X Rail Entertainment, Inc. (OTC Pink: XREE) Makes Tender offer to Las Vegas Railway Express, Inc. (OTC Pink: XTRN) to Purchase the Company for $20 million in Cash and Stock

Tue, 23 May 2017 09:30:00 EDT

LAS VEGAS, NV--(Marketwired - May 23, 2017) -  X Rail Entertainment, Inc. (OTC PINK: XREE) www.xrailentertainment.com, owner of the X Wine Railroad, X Train, and Club X Train membership businesses, CEO Michael Barron announced today that the company has made a tender offer to the management of Las Vegas Railway Express, Inc. to acquire 100% of the Company's outstanding stock, liabilities and assets in exchange for $20 million in cash and stock from X Rail Entertainment, Inc. CEO Michael Barron stated, "This is a consolidation of all of the X Train brands still held under a royalty agreement between X Rail Entertainment, Inc. (XREE) and Las Vegas Railway Express, Inc. (OTC PINK: XTRN)." The offer would deposit into XTRN the total of $20 million in cash and securities in exchange for 100% of the Company.




Adaptive Insights Accelerates Growth in Northern Europe

Tue, 23 May 2017 09:00:00 EDT

New Nordic Resources, Partners, and Customers Reflect Adoption of Cloud Planning Solutions




iTeknik Holding Corporation Reports 3Q FY17 Revenues of $499.3 Thousand and Net Income of $76.4 Thousand

Tue, 23 May 2017 09:00:00 EDT

WEST PALM BEACH, FL--(Marketwired - May 23, 2017) - iTeknik Holding Corporation (OTC PINK: ITKH) announced results for their third fiscal quarter ended March 31, 2017. 




hopTo Inc. Announces First Quarter 2017 Financial Results

Tue, 23 May 2017 09:00:00 EDT

CAMPBELL, CA--(Marketwired - May 23, 2017) - hopTo Inc. (OTCQB: HPTO), developer and provider of application publishing and mobile productivity software today announced its financial results for the year ended March 31, 2017.




Fusion to Participate in the 14th Annual Craig-Hallum Institutional Investor Conference on May 31, 2017

Tue, 23 May 2017 08:45:00 EDT

NEW YORK, NY--(Marketwired - May 23, 2017) - Fusion (NASDAQ: FSNN), a leading provider of cloud services, will participate in the 14th Annual Craig-Hallum Institutional Investor Conference to be held on Wednesday, May 31, 2017 at The Depot Renaissance Minneapolis Hotel in Minneapolis.




GPS SmartSole Used in Wandering Prediction Trial George Mason University's College of Health and Human Services Completes Phase One of Wandering Predication Research

Tue, 23 May 2017 08:45:00 EDT

LOS ANGELES, CA--(Marketwired - May 23, 2017) - GTX Corp (OTC PINK: GTXO), an IoT platform in the personal location wearable and wandering assistive technology business, announced today that George Mason University's College of Health and Human Services has successfully completed phase one of the wandering prediction trial which began in fall of 2016. In collaboration with investigators from the Milken Institute School of Public Health at George Washington University, who have expertise in the economics of patient-centered mobile health technologies and predictive analytics, the University utilized the patented GPS SmartSole, GTX's location based technology and data in order to study wandering habits in elderly people with Alzheimer's and dementia.




Onex Hires Laurence Goldberg

Tue, 23 May 2017 08:30:00 EDT

TORONTO, ONTARIO--(Marketwired - May 23, 2017) -




True Wireless and KSIX Media Holdings, Inc. Agree on Restructured Terms

Tue, 23 May 2017 08:30:00 EDT

Brian Cox, True Wireless CEO and Carter Matzinger, KSIX CEO have Agreed Upon Restructured Terms for the Definitive Agreements




The Western Investment Company of Canada to Proceed With Normal Course Issuer Bid

Tue, 23 May 2017 08:30:00 EDT

CALGARY, ALBERTA--(Marketwired - May 23, 2017) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES




Icon Media Holdings, Inc. Announces LOI to Purchase RF Engineering Company

Tue, 23 May 2017 08:30:00 EDT

RALEIGH, NC--(Marketwired - May 23, 2017) - Icon Media Holdings, Inc. (OTC PINK: ICNM), a diversified global technology company that specializes in technical services for the cellular and wireless industries, is pleased to announce it has entered into a non-binding letter of intent (LOI) to purchase the assets of a leading RF (radio frequency) engineering company. 




Ipreo Joins the Symphony Software Foundation as a Gold Member

Tue, 23 May 2017 07:00:00 EDT

PALO ALTO, CA--(Marketwired - May 23, 2017) - Symphony Software Foundation (the Foundation), the nonprofit organization fostering open source software (OSS) innovation in financial services, on the Symphony secure collaboration platform and beyond, announced that Ipreo, a leading global provider of market intelligence and productivity solutions to financial services and corporate professionals, joined the community as its latest Gold Member.




Stifel Declares Preferred Stock Cash Dividend

Tue, 23 May 2017 06:00:00 EDT

ST. LOUIS, MO--(Marketwired - May 23, 2017) - Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series A (the "Series A Preferred Stock").




TransferWise launches the Borderless account

Tue, 23 May 2017 00:00:00 EDT

Next phase for leading fintech company as it launches a new way for businesses to manage their money internationally




Eco-Stim Energy Solutions Announces Participation in the Annual Louisiana Energy Conference to Be Held in New Orleans May 30-June 2, 2017

Mon, 22 May 2017 19:48:21 EDT

HOUSTON, TX and NEUQUEN CITY, ARGENTINA--(Marketwired - May 22, 2017) - Eco-Stim Energy Solutions, Inc. (NASDAQ: ESES) ("EcoStim" or the "Company") announced today that J. Chris Boswell, the Company's President and Chief Executive Officer, will participate on a panel discussion at the Louisiana Energy Conference to be held at 11:15 AM CDT, Wednesday, May 31, 2017 at the Westin Canal Place Hotel in New Orleans.




ReadyCap Lending, LLC Hires in Dallas

Mon, 22 May 2017 13:33:51 EDT

NEW PROVIDENCE, NJ--(Marketwired - May 22, 2017) - ReadyCap Lending, LLC (www.rclending.com), a Preferred SBA Lender offering SBA 7(a) financing up to $5 million in markets nationwide, has hired Michael Johnston as Sr. Business Development Officer.




Marathon Patent Group Wholly-Owned Subsidiary Signal IP Receives Scheduling Order in Trial with Fiat U.S.A.

Mon, 22 May 2017 12:29:15 EDT

LOS ANGELES, CA--(Marketwired - May 22, 2017) - Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" or "Company"), an IP licensing and management company, today announced that on Friday, May 19, 2017, the court issued an order in the matter of its subsidiary Signal IP, Inc. v. Fiat U.S.A., Inc., Case: 2-14-cv-13864, adjourning the trial until further notice of the Court.




CapWealth Advisors Welcomes Financial Advisor Chris Burger to its Highly Awarded Ranks: One of Tennessee's Top Wealth Management Firms Hires Public Affairs and Advocacy Veteran and Millennial to Better Serve Clients and Reach New Markets of Investors

Mon, 22 May 2017 12:16:49 EDT

FRANKLIN, TN--(Marketwired - May 22, 2017) - Independent registered investment advisory firm CapWealth Advisors, based south of Nashville in Franklin, TN, has added public affairs and advocacy veteran Chris Burger to its roster of financial advisors, Tim Pagliara, CapWealth Advisors' chairman and chief executive officer, announced today. Burger is the first new advisor to join the top-ranked firm since 2014 and the first new hire since bringing on former Goldman Sachs vice president John Lueken as the firm's chief investment strategist. Burger will develop new business and provide financial and wealth management advice to clients.




Global Tech Industries Group, Inc to attempt to enforce rights in contract dispute with Hong Kong partner

Mon, 22 May 2017 10:00:00 EDT

NEW YORK, NY--(Marketwired - May 22, 2017) - GLOBAL TECH INDUSTRIES GROUP, INC. (OTC PINK: GTII), a Nevada Corporation Inc., and its subsidiary G T International Group, Inc., having previously executed a binding Stock Purchase Agreement on December 30, 2016 to acquire 100% of Go F & B Holdings, Ltd., a Hong Kong SAR Corporation and a subsidiary of GoFun Group, Ltd. Corporation, (a BVI Corporation), have been forced by the actions of the management of Go F & B Holdings Ltd to file suit in the United States District Court for the Southern District of New York, case # 17-CV-03727, (https://goo.gl/Js7HYa) in regard to the contract entered into on December 30, 2016. GTII's suit specifically addresses the issues of contract breach, specific performance, indemnification and fraud.




WSI Industries Announces Michael J. Pudil Appointed as President and CEO

Mon, 22 May 2017 09:00:00 EDT

MINNEAPOLIS, MN--(Marketwired - May 22, 2017) - WSI Industries, Inc. (NASDAQ: WSCI) today announced that Michael J. Pudil was appointed President and Chief Executive Officer to succeed Benjamin T. Rashleger effective May 19, 2017. Mr. Rashleger also resigned from the Board of Directors effective May 19, 2017. Mr. Pudil formerly served as the Company's Chief Executive Officer from 1993 until December 31, 2011. Mr. Pudil will continue to serve as the Chairman of the Board of Directors. 




Metatron, Inc. ($MRNJ) Seeks To Enter The Multi-Billion Dollar Coffee Market With A Single Serve Maker And Specialty CBD Infused Coffee Blend

Mon, 22 May 2017 09:00:00 EDT

DOVER, DE--(Marketwired - May 22, 2017) - Metatron (OTC PINK: MRNJ), an emerging pioneer of releasing Marijuana & CBD related apps on iTunes and Google Play, is pleased to announce it is entering the Health and Wellness markets of Cannabonoid extracts and seeks to specialize in the development of cannabinoid-based products and is making plans to enter the Multi-Billion Dollar coffee markets with its own single serve coffee maker and specialty blend of CBD infused Coffee. This single serve coffee maker is complete with a wire based filter for easy cleaning and will come with our line of CBD infused specialty coffee as an initial order package deal that will be soon available at Amazon.com




Big Changes Ahead: Companies Face the Most Sweeping Change in the Last 50 Years in the Way They Are Organized, Managed and Financed

Mon, 22 May 2017 09:00:00 EDT

Bain & Company suggests businesses as we know them are approaching the end of an era and identifies five themes the "firm of the future" must adopt to be successful in the next 10 years




DH Capital Advises MacStadium on Investment Led by Summit Partners

Mon, 22 May 2017 09:00:00 EDT

NEW YORK, NY--(Marketwired - May 22, 2017) - DH Capital, LLC ("DH Capital"), an investment banking firm serving companies in the Internet infrastructure, software & IT services, and communications sectors, announced today that it served as the exclusive financial advisor to MacStadium Inc. ("MacStadium") on a strategic growth equity investment led by Summit Partners, with participation from Noro-Moseley Partners. MacStadium is a leading provider of on-demand cloud infrastructure-as-a-service ("IaaS"), offering managed Mac hosting and private cloud solutions for individuals and organizations of all sizes. MacStadium is headquartered in Atlanta, Georgia with growing operations in Las Vegas, Nevada and Dublin, Ireland.




IEG Holdings Highlights the 134.2% Premium Being Offered to OneMain Shareholders in its Tender Offer as SEC Declares Registration Statement on Form S-4 Effective

Mon, 22 May 2017 08:30:00 EDT

LAS VEGAS, NV--(Marketwired - May 22, 2017) - IEG Holdings Corporation (OTCQB: IEGH) ("IEG Holdings") cautions shareholders of OneMain Holdings, Inc. ("OneMain") against dismissing IEG Holdings' tender offer that offers a 134.2% premium to OneMain shareholders, based on the closing sale prices of IEG Holdings and OneMain common stock on May 19, 2017. IEG Holdings is offering to exchange 20 shares of IEG Holdings' common stock for each share of common stock of OneMain up to an aggregate of 6,747,723 shares of OneMain common stock, representing approximately 4.99% of OneMain's outstanding shares as of May 1, 2017, validly tendered and not properly withdrawn in the offer. The Securities and Exchange Commission declared IEG Holdings' registration statement on Form S-4 relating to the tender offer effective on May 19, 2017. The OneMain tender offer is scheduled to terminate at 5 p.m., Eastern time, on June 15, 2017.




Plandai Biotechnology Ships 1.2 Million Origine 8 Capsules to Coyne Healthcare

Mon, 22 May 2017 08:30:00 EDT

LONDON, UNITED KINGDOM--(Marketwired - May 22, 2017) - Plandaí Biotechnology, Inc. (OTC PINK: PLPL) ("Plandaí" or "the Company"), producer of the highly bioavailable Phytofare® Catechin Complex, today announced that it has successfully shipped an order for 1.2 million Origine 8T capsules to Coyne Healthcare, a nutraceutical and food supplement company based in South Africa. Origine 8T is comprised of all eight Phytofare® catechins, which are then entrapped in nutrient-protective liposomes. The product is being launched in both the U.K. and the U.S. this month, and Coyne Healthcare has forecasted sales of 10.6 million Origine 8T capsules for 2017 with sales increasing to 24 million for 2018.




The Movie Studio, Inc. (OTC PINK: MVES) Engages PCAOB Auditing Firm to Proceed to Fully Reporting Status and Effectuate Agreement to Receive up to $5 Million Investment From GPL Ventures LLC

Mon, 22 May 2017 07:00:00 EDT

HALLANDALE BEACH, FL--(Marketwired - May 22, 2017) - The Movie Studio, Inc. ("MVES") (the "Company") (OTC PINK: MVES) www.themoviestudio.com.




MTBC Announces Release of Patient Portal App for Smartphones

Mon, 22 May 2017 06:00:00 EDT

SOMERSET, NJ--(Marketwired - May 22, 2017) - MTBC (NASDAQ: MTBC) (NASDAQ: MTBCP), a leading provider of proprietary, cloud-based electronic health records, practice management and mHealth solutions, today announced this week's release of the newest version of MTBC PHR, its patient portal app for users of smartphones that operate on Apple iOS and Android operating systems.




BDIC-Hires New COO-Leads to 300% Growth in Revenue

Mon, 22 May 2017 02:49:06 EDT

LOS ANGELES, CA--(Marketwired - May 22, 2017) - Blow & Drive Interlock Corp. (OTCQB: BDIC) is pleased to announce the hiring of JC Lopez as the New Chief Operating officer of BDIC. JC "Jay" Lopez has over 20 Years of experience in the Government sector. He offers more than a decade of accomplishment-laden experience in the Interlock Industry and throughout his career has established a strong network of contacts in the interlock community which will be an extremely valuable addition to the Blow and Drive Team, driving sales growth, market share and operations efficiency.




Airgain to Present at the Cowen and Company 45th Annual TMT Conference on Thursday, June 1st

Fri, 19 May 2017 18:17:28 EDT

SAN DIEGO, CA--(Marketwired - May 19, 2017) - Airgain, Inc. (NASDAQ: AIRG), a leading provider of embedded antenna technologies used to enable high-performance wireless networking, has been invited to present at the 45th Annual Cowen and Company TMT Conference. The conference is being held on May 31-June 1, 2017 at the Lotte New York Palace Hotel in New York.




Slate Retail REIT Announces the Purchase of Mooresville Consumer Square in North Carolina

Fri, 19 May 2017 17:56:05 EDT

TORONTO, ON--(Marketwired - May 19, 2017) - Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into a binding agreement to acquire Mooresville Consumer Square (the "Property") for U.S. $51.3 million ($109 per square foot). The Property is 97% occupied, is Walmart-anchored and is located in the Charlotte Metropolitan Statistical Area. Closing is expected to be completed in the second quarter of 2017 and remains subject to customary closing conditions.




Element Provides Update on 2017 Annual Meeting of Shareholders

Fri, 19 May 2017 16:56:52 EDT

TORONTO, ONTARIO--(Marketwired - May 19, 2017) - Element Fleet Management Corp. ("Element" or the "Company") (TSX:EFN) wishes to provide shareholders with an update in respect of its management information circular dated April 26, 2017 (the "Circular") that was mailed to shareholders on May 5, 2017 in connection with its annual meeting of shareholders of the Company to be held on Tuesday, June 6, 2017 at 4:00 p.m. (Toronto Time) at the TMX Broadcast Centre Gallery, 130 King Street West, Toronto, Ontario (the "Meeting").




Dan Flanigan, Chair of Polsinelli's Department of Real Estate and Financial Services, to Speak at the Global Private Equity Opportunities Forum in Beijing on May 20

Fri, 19 May 2017 14:50:54 EDT

NEW YORK, NY--(Marketwired - May 19, 2017) -  Dan Flanigan, chair of Polsinelli's 190-attorney Real Estate and Financial Services Department and managing partner of its New York office, tomorrow will speak at the Global Private Equity Opportunities Forum in Beijing. The forum is designed to foster partnerships between American and Chinese businesses and further entrepreneurial opportunities in both countries. Polsinelli is a sponsor of the conference.




Arctic Glacier Issues Default Status Report Pursuant to National Policy 12-203

Fri, 19 May 2017 14:18:02 EDT

WINNIPEG, MB--(Marketwired - May 19, 2017) - Arctic Glacier Income Fund (CSE: AG.UN) (CSE: AG.UN.CN) (CNSX: AG.UN) (the "Fund") is providing a default status report, in accordance with the alternative information guidelines set out in National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults ("National Policy 12-203").




Partners REIT Announces Rights Offering

Fri, 19 May 2017 13:30:35 EDT

TORONTO, ONTARIO--(Marketwired - May 19, 2017) - Partners Real Estate Investment Trust (the "REIT") (TSX:PAR.UN) will issue to each of the holders of its outstanding units the right to subscribe for additional units of the REIT (a "Right"). The record date for establishing the unitholders entitled to receive the Rights will be 5:00 p.m. (Toronto time) on June 7, 2017. A unitholder will be entitled to receive one Right for each unit held on the record date.




The Roxborough Group and The Ruth Group Acquire Office Tower Near Los Angeles International Airport

Fri, 19 May 2017 12:53:04 EDT

Privately Held Real Estate Investment Firm and Southern California Real Estate Owner/Operator Purchase 15-Story, 304,821 Square Foot Tower in Los Angeles




Central 1 CEO Announces Intention to Step Down

Fri, 19 May 2017 12:31:35 EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2017) - Central 1 CEO Don Wright today asked the Central 1 Board to begin the process of choosing his successor. To ensure a successful transition, Wright plans to stay on at Central 1 until a new CEO is chosen.




CORRECTION - Secdo

Fri, 19 May 2017 08:35:46 EDT

NEW YORK, NY --(Marketwired - May 19, 2017) - In the news release, "Secdo discovers WannaCry attackers exploited NSA's ETERNALBLUE weeks earlier to steal login credentials," issued earlier today by Secdo, please be advised that the headline should read "Secdo Discovers Hackers Exploited NSA's ETERNALBLUE Weeks Before WannaCry Outbreak to Steal Login Credentials." The image captions have been edited, where applicable, as well. Complete corrected text follows.




Ecosciences Launches Marketing of ECONOW Commercial Products With Booth At The National Restaurant Association Show

Fri, 19 May 2017 08:30:00 EDT

JERICHO, NY--(Marketwired - May 19, 2017) - Ecosciences, Inc. (OTC PINK: ECEZ) ("Ecosciences" or the "Company") is pleased to announce the kickoff of its marketing of EcoNow commercial products with its attendance as an exhibitor at the National Restaurant Association Show (https://show.restaurant.org/Home).




Brookfield Asset Management Announces Renewal of Normal Course Issuer Bid

Fri, 19 May 2017 07:55:00 EDT

BROOKFIELD, NEWS--(Marketwired - May 19, 2017) - Brookfield Asset Management Inc. (NYSE:BAM)(TSX:BAM.A)(EURONEXT AMSTERDAM:BAMA) ("Brookfield") today announced it has received approval from the Toronto Stock Exchange ("TSX") for its proposed normal course issuer bid to purchase up to 82,965,721 Class A Limited Voting Shares ("Class A Shares"), representing 10% of the public float of Brookfield's outstanding Class A Shares. Purchases under the bid will be made through the facilities of the TSX, the New York Stock Exchange ("NYSE") and any alternative Canadian trading system. The period of the normal course issuer bid will extend from May 24, 2017 to May 23, 2018, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased. All Class A Shares acquired by Brookfield under this bid will be cancelled and/or purchased by a non-independent trustee pursuant to a long-term incentive plan.




Chesswood Group Limited Announces May 2017 Dividend

Fri, 19 May 2017 07:00:00 EDT

TORONTO, ONTARIO--(Marketwired - May 19, 2017) - Chesswood Group Limited (TSX:CHW) announced today a cash dividend of $0.07 per share for the month of May. The dividend will be payable to shareholders of record at the close of business on May 31, 2017, and will be paid on June 15, 2017.




Secdo discovers WannaCry attackers exploited NSA's ETERNALBLUE weeks earlier to steal login credentials

Fri, 19 May 2017 07:00:00 EDT

Organizations potentially exposed to future thread-level attacks that install backdoors, exfiltrate data and steal credentials




Garda World Security Corporation Announces Extension of Expiration Time for its Cash Tender Offer for its Outstanding Senior Notes due 2021

Thu, 18 May 2017 19:38:41 EDT

MONTREAL, QUEBEC--(Marketwired - May 18, 2017) - Garda World Security Corporation (the "Company" or "GardaWorld") announced today that it has extended the Expiration Time (as defined in the Company's Offer to Purchase, dated April 17, 2017 (the "Statement")) of the Company's pending cash tender offer (the "Offer") for any and all of its outstanding U.S. dollar denominated 7.25% Senior Notes due 2021 (the "Notes") from 8:00 a.m., New York City time, on May 19, 2017 to 8:00 a.m., New York City time, on May 26, 2017 (such time and date, as it may be extended or earlier terminated, the "Expiration Time").




Corporation de Sécurité Garda World annonce l'extension de la Date d'échéance de son Offre de rachat au comptant pour ses Billets de premier rang libellés en dollars américains échéant en 2021

Thu, 18 May 2017 19:37:11 EDT

MONTRÉAL, QUÉBEC--(Marketwired - 18 mai 2017) - Corporation de Sécurité Garda World (la « Société ou GardaWorld »), annonce aujourd'hui l'extension de la Date d'échéance (telle que définie dans l'Offre d'achat de la Société, datée du 17 avril 2017 (la « Déclaration ») de son offre de rachat au comptant en cours (l' « Offre ») pour l'ensemble de ses Billets de premier rang en circulation de 7,25% libellés en dollars américains échéant en 2021 (les « Billets »), du 19 mai 2017, à 8h00, heure de New York au 26 mai 2017, à 8h00, heure de New York (laquelle date et heure, pouvant être prolongée ou devancée de temps à autre, ci-après désignée comme la « Date d'échéance »).




Corporation de Sécurité Garda World annonce l'extension de la Date d'échéance de son Offre d'achat de ses Billets de premier rang échéant en 2021

Thu, 18 May 2017 19:35:40 EDT

MONTRÉAL, QUÉBEC--(Marketwired - 18 mai 2017) - Corporation de Sécurité Garda World (la «?Société?» ou «?GardaWorld?»), une des plus importantes entreprises de sécurité et de transport de valeurs à capital fermé au monde, a annoncé qu'elle a prolongé la Date d'échéance (telle que définie dans l'Offre d'achat et la Déclaration de sollicitation de consentements datée du 31 mars 2017 (la «?Déclaration?»)) de l'offre de rachat au comptant en cours de la Société (l'«?Offre?») pour ses billets de premier rang de 7,25 % (les «?Billets?») du 19 mai 2017 à 8h00, heure de New York, au 26 mai 2017 à 8h00, heure de New York (ce délai pouvant être prolongé à nouveau ou écourté, la «?Date d'échéance »).




Garda World Security Corporation Announces Extension of Expiration Time for its Offer to Purchase its Outstanding Senior Notes due 2021

Thu, 18 May 2017 19:34:55 EDT

MONTREAL, QUEBEC--(Marketwired - May 18, 2017) - Garda World Security Corporation (the "Company" or "GardaWorld"), one of the largest privately owned business solutions and security services companies in the world, announced that it has extended the Expiration Time (as defined in the Company's Offer to Purchase and Consent Solicitation Statement dated March 31, 2017 (the "Statement")) of the Company's pending cash tender offer (the "Offer") for the Company's 7.25% Senior Notes due 2021 (the "Notes") from 8:00 a.m., New York City time, on May 19, 2017 to 8:00 a.m., New York City time, on May 26, 2017 (as it may be further extended or earlier terminated, the "Expiration Time").




UPDATE - Freddie Mac Prices $661 Million Seniors Housing Multifamily K Certificates

Thu, 18 May 2017 17:25:38 EDT

MCLEAN, VA--(Marketwired - May 18, 2017) - In the news release, "Freddie Mac Prices $661 Million Seniors Housing Multifamily K Certificates," issued earlier today by Freddie Mac (OTCQB: FMCC), we are advised by the company that the Spread (bps) for Class A-FL certificates has been updated to "L + 39." Complete updated text follows.




Dealnet Schedules Q1-2017 Results Conference Call

Thu, 18 May 2017 16:48:54 EDT

TORONTO, ONTARIO--(Marketwired - May 18, 2017) - Dealnet Capital Corp. ("Dealnet" or the "Company") (TSX VENTURE:DLS), will release its financial results for the three-month period ending March 31, 2017 on Thursday May 25, 2017 before market open. A conference call to discuss these results will be held thereafter at 10:00 A.M. Eastern Time.




Equus Announces First Quarter Net Asset Value

Thu, 18 May 2017 16:17:34 EDT

HOUSTON, TX--(Marketwired - May 18, 2017) - Equus Total Return, Inc. (NYSE: EQS) (the "Fund" or "Equus") reports net assets as of March 31, 2017, of $41.4 million, a decrease of approximately $1.3 million since December 31, 2016. Net asset value per share decreased to $3.06 as of March 31, 2017 from $3.37 as of December 31, 2016. Comparative data is summarized below (in thousands, except per share amounts):




Essex Property Trust Declares Quarterly Distributions

Thu, 18 May 2017 16:15:00 EDT

SAN MATEO, CA--(Marketwired - May 18, 2017) - Essex Property Trust, Inc. (NYSE: ESS) announced today that its Board of Directors has declared a regular quarterly cash dividend of $1.75 per common share payable July 14, 2017 to shareholders of record as of June 30, 2017.




Continental Gold Announces Closing of Strategic Investment by Newmont Mining and Investment by RK Mine Finance

Thu, 18 May 2017 15:26:10 EDT

TORONTO, ON--(Marketwired - May 18, 2017) - Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF) ("Continental" or the "Company") is pleased to announce that it has closed its previously-announced private placements to Newmont Mining Corporation ("Newmont") and RK Mine Finance Master Fund I Limited ("Red Kite").




Riverview Financial Corporation Declares Cash Dividend for the Second Quarter of 2017

Thu, 18 May 2017 15:24:51 EDT

HARRISBURG, PA--(Marketwired - May 18, 2017) - The Board of Directors of Riverview Financial Corporation (OTCQX: RIVE) declared a dividend of $0.1375 per share for the second quarter of 2017 on May 17, 2017. The dividend is payable June 30, 2017 to shareholders of record June 2, 2017.




Questrade wins its sixth consecutive best managed award

Thu, 18 May 2017 15:20:00 EDT

TORONTO, ON--(Marketwired - May 18, 2017) - Questrade Financial Group wins its sixth consecutive award as one of "Canada's Best Managed Companies", once again with Gold Winner distinction. The award honours Canadian companies that have implemented world-class business practices and created value in innovative ways.




Oak Street Grows Through Expansion into New Markets

Thu, 18 May 2017 14:18:23 EDT

Oak Street Funding Expands into Lending for Registered Investment Advisors (RIAs)




CPP Fund Totals $316.7 Billion at 2017 Fiscal Year-End

Thu, 18 May 2017 14:00:00 EDT

Net return of 11.8% and $37.8 billion increase in assets




La caisse du RPC totalise 316,7 milliards de dollars à la clôture de l'exercice 2017

Thu, 18 May 2017 14:00:00 EDT

Réalisation d'un rendement net de 11,8 pour cent et augmentation de 37,8 milliards de dollars de l'actif




Mizuho Hires Massimo Tassan-Solet as Head of Derivatives Trading

Thu, 18 May 2017 13:51:05 EDT

NEW YORK, NY--(Marketwired - May 18, 2017) - Mizuho Americas (NYSE: MFG) has announced the appointment of Massimo Tassan-Solet as Managing Director and Head of Derivatives Trading. In this role, Tassan-Solet will lead Mizuho's US derivative trading activities, which currently includes Rates and Foreign Exchange products.In addition, Tassan-Solet will serve as a key leader in Mizuho's investment strategy for the overall derivatives platform, as part of the broader expansion underway at Mizuho Americas. He will report to Thomas Hartnett, Head of Fixed Income Sales & Trading for Mizuho Americas.Prior to joining Mizuho, Tassan-Solet served in senior positions in both the hedge fund industry and on the sell-side, including at Deutsche Bank and Goldman Sachs. In his leadership roles on the sell-side, Tassan-Solet has been recognized for building industry-leading options trading businesses, as ranked by clients."Massimo brings a wealth of experience and client relationships to our derivatives business," said Hartnett. "As we continue to invest in our product capabilities for clients, his background in business development, risk management and trading technology make him a great addition to the Mizuho team."Tassan-Solet received his Masters of Science in Computational Finance from Carnegie Mellon University and his Masters of Science in Electrical Engineering from Polytechnic University of Milan (Politecnico di Milano).[...]



Freddie Mac Prices $661 Million Seniors Housing Multifamily K Certificates

Thu, 18 May 2017 12:11:08 EDT

MCLEAN, VA--(Marketwired - May 18, 2017) - Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $661 million in K Certificates (K-S08 Certificates) that are expected to settle on or about May 26, 2017. This is Freddie Mac's eighth K Certificate offering backed exclusively by seniors housing.




ACG Detroit Captures Three National Awards to Include Chapter of the Year; Chapter Executive of Year; Meritorious Service Award

Thu, 18 May 2017 12:10:00 EDT

DETROIT, MI--(Marketwired - May 18, 2017) - Association for Corporate Growth (ACG) Detroit Chapter, one of 58 Chapters around the world representing 14,500 members that promotes middle market growth, has been named winners of three awards for the global nonprofit business organization. They are:




Freddie Mac Announces First RPL Structured Sale of SLST Program in 2017

Thu, 18 May 2017 10:53:56 EDT

Moves Ahead with Second Transaction After Successful Pilot




Metatron ($MRNJ) Public Marijuana Company Deal

Thu, 18 May 2017 10:30:00 EDT

DOVER, DE--(Marketwired - May 18, 2017) - Metatron (OTC PINK: MRNJ), a pioneer of releasing Marijuana & CBD related apps on iTunes and Google Play, has closed out the negotiation and sent a Letter of Intent to KindcoDist LLC, a California Marijuana/CBD company. KindcoDist LLC currently has products in dispensaries as well as many celebrity endorsements. The proposed deal will include a public offering for KindcoDist and at the present time, Metatron and partner funders will retain at a minimum a 1/3 equity position. As part of the proposal, Metatron will develop apps, in which it will provide an online marketing for Kindco's products. 




Mortgage Rates Edge Down

Thu, 18 May 2017 10:00:00 EDT

MCLEAN, VA--(Marketwired - May 18, 2017) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate remaining around four percent for the fifth consecutive week.