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U.S. bond, rates futures open interest tumbles for second day

May 31, 2018 / 5:38 PM / Updated 2 hours ago U.S. bond, rates futures open interest tumbles for second day Reuters Staff 2 Min Read May 31 (Reuters) - Open interest on U.S. Treasury and interest rate futures fell sharply on Wednesday for a second straight day, suggesting that more traders were exiting bets they had placed on bond market weakness, CME Group data released on Thursday showed. The combined outstanding positions in CBOT Treasury and CME rates futures fell 703,461 to 29.67 million contracts on Wednesday, following a 462,065 drop on Tuesday. Total open interest on bond and rates options, however, rose 561,119 to 49.9 million on Wednesday after a 479,376 increase the day before. On Tuesday, prices on U.S. bond and rates futures jumped on record volume as investors piled into them in a safe-haven stampede prompted by concerns about a global trade war and political turmoil in Italy. On Wednesday, trading volume in bond and rates futures and options retreated to 21.78 million contracts from a record high of 39.65 million set on Tuesday, according to CME data. Total futures and options futures on CME exchanges stood at 31.14 million contracts, far fewer than the all-time peak of 51.89 million totaled on Tuesday. (Reporting by Richard Leong; Editing by David Gregorio)

https://www.reuters.com/article/usa-bonds-openinterest/u-s-bond-rates-futures-open-interest-tumbles-for-second-day-idUSL2N1T21FJ

www.reuters.com

International Game Technology PLC to Host First Quarter 2018 Results Conference Call on Tuesday, May 22, 2018

LONDON, May 7, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) will host a conference call and live webcast to discuss first quarter 2018 results for the period ended March 31, 2018 on Tuesday, May 22, 2018. Conference call: Tuesday, May 22, 2018 8:00 a.m. EDT US/Canada Toll-Free Dial-In Number: +1 844 842 7999 Dial-In Number (Outside US/Canada): +1 612 979 9887 Conference ID (passcode): 5181158 Webcast: A live webcast may be accessed along with accompanying slides under "News, Events & Presentations" in the Investor Relations section of IGT's website at www.IGT.com . A replay of the webcast will be available on the website following the live event. Telephone replay: A telephone replay of the call will be available for one week: US/Canada Toll-Free Dial-In Number: +1 855 859 2056 Dial-In Number (Outside US/Canada): +1 404 537 3406 Conference ID (passcode): 5181158 About IGT IGT (NYSE:IGT) is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.IGT.com . Cautionary Statement Regarding Forward-Looking Statements This news release may contain (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may those predicted in the and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to those in the include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2017 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com . Except as required under applicable law, the Company does not assume any obligation to update these . You should carefully consider these factors and other risks and uncertainties that affect the Company's business. All contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in its entirety by this cautionary statement. Contact: Robert K. Vincent, Corporate Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (401) 392-7452 James Hurley, Investor Relations, +1 (401) 392-7190 Simone Cantagallo, +39 06 51899030; for Italian media inquiries View original content with multimedia: http://www.prnewswire.com/news-releases/international-game-technology-plc-to-host-first-quarter-2018-results-conference-call-on-tuesday-may-22-2018-300643961.html SOURCE International Game Technology PLC

http://www.cnbc.com/2018/05/07/pr-newswire-international-game-technology-plc-to-host-first-quarter-2018-results-conference-call-on-tuesday-may-22-2018.html

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Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup

May 19, 2018 / 7:38 AM / Updated 10 hours ago Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup Reuters Staff 1 Min Read FRANKFURT (Reuters) - Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. FILE PHOTO: The German share prize index (DAX) board and the trading room of Frankfurt's stock exchange (Boerse Frankfurt) are photographed with a circular fisheye lens during afternoon trading session in Frankfurt, Germany, February 23, 2016. REUTERS/Kai Pfaffenbach/File Photo Technology shares will now be included in the midcap index MDAX and the smallcap index SDAX, Deutsche Boerse said. Previously, medium and small technology stocks were only included in the TecDAX index. Also, bluechip technology stocks in the benchmark DAX index will also be included in the TecDAX index. The change, which was announced late on Friday and is effective Sept. 24, also increases the number of companies in the MDAX to 60 from 50 and in the SDAX to 70 from 50. Reporting by Tom Sims, Editing by William Maclean

https://www.reuters.com/article/us-deutsche-boerse-index/deutsche-boerse-to-include-tech-stocks-in-mdax-and-sdax-in-index-shakeup-idUSKCN1IK07G

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North American Bancard Names Matt Hoskins EVP of Sales and Distribution

TROY, Mich., May 22, 2018 /PRNewswire/ -- North American Bancard Holdings, LLC (NAB), a multi-faceted and award-winning payment solutions provider, today announced the appointment of Matt Hoskins as executive vice president of Sales and Distribution. Hoskins will report directly to Kirk Haggarty, chief financial officer of NAB. "Matt brings top-tier enterprise sales, business development and leadership to further bolster the NAB executive team," said Haggarty. "NAB is redefining our position in the payments landscape by focusing on technology and our distribution channels. We are confident in Matt's ability to oversee our strategic partnerships and further deliver on the evolving needs of the market." "I'm pleased to welcome Matt to North American Bancard's leadership team as we continue to advance our services and solutions," said Marc Gardner, president and CEO of NAB. "In today's world, technology and innovation are paramount, and businesses must incorporate these elements into their customer experience to remain relevant. Matt has an unmatched passion for customer success, and I'm confident he will help us fill market gaps as we build our dynamic portfolio of solutions." Previously, Hoskins founded Payment Processing Technologies, LLC (PPT) in 2004 and as CEO is responsible for the growth of the business to more than 50,000 acquired merchant locations. A payments industry veteran, Hoskins' expertise spans sales, technology, product and operations. Over the years, he has developed lasting customer relationships by helping merchants adapt and succeed in the ever-changing business landscape. "I couldn't be more excited to join NAB," said Hoskins. "I have had the privilege to work with this leadership team, specifically Marc Gardner, and I echo his passion and vision for strategic growth. Being part of an organization that is perfectly positioned at the intersection of the payments and technological landscapes allows us to support our partners and customers to digitally transform the way they do business. Our solutions will strengthen their competitive advantage, optimize operational efficiencies and improve the overall customer experience." About North American Bancard Holdings Founded in 1992, North American Bancard Holdings (NAB) is an innovative payment technology company that's reimagining the payment experience for the evolving merchant economy. With its own secure, international processing platform, NAB provides end-to-end transaction solutions, eliminating the need for multiple vendor relationships by combining the functionality of an ISP, merchant acquirer, gateway, front-end, and back-end processor. NAB's diversified product solutions enable all globally preferred payment methods in mobile, online, and in-store environments. As North America's sixth largest non-bank acquirer, NAB serves more than 350,000 businesses and processes more than $50 billion in electronic payments annually. For more information, visit www.nabancard.com . View original content with multimedia: http://www.prnewswire.com/news-releases/north-american-bancard-names-matt-hoskins-evp-of-sales-and-distribution-300652689.html SOURCE North American Bancard

http://www.cnbc.com/2018/05/22/pr-newswire-north-american-bancard-names-matt-hoskins-evp-of-sales-and-distribution.html

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Haig Partners Advises Automotive Associates Of Atlanta On Sale To Asbury Automotive And Jim Ellis Automotive Group

ATLANTA, May 25, 2018 /PRNewswire/ -- Haig Partners LLC is pleased to have represented Ken Page and Scott Smith, principals of Automotive Associates of Atlanta, ("AAA") in the sale of two of their six Atlanta dealerships to Asbury Automotive Group (NYSE: ABG), and Jim Ellis Automotive Group. Asbury has acquired Toyota of Union City and Jim Ellis Automotive has acquired Cobb County Kia. AAA's Owner and Operator Scott Smith stated, "We have been very proud to represent Kia and Toyota in the Kennesaw and Union City communities. These transactions have allowed me to refinance and fund my acquisition of the remaining Atlanta locations from my long-time partner and good friend Kenny ("Page"). Haig Partners was able show us the value of approaching multiple targeted buyers to generate the value required to make this dream come true." Kenny Page says, "Haig Partners found us great partners that will provide our employees with new opportunities and will represent the local markets well. Both Scott and I believe the team at Haig Partners was highly instrumental in managing the negotiation process and bringing the transactions to a conclusion. I am very happy for Scott in his new endeavor and look back on our years as partners with great fondness." Page Automotive Group and Automotive Associates of Atlanta will maintain ownership of dealerships in Florida, Maryland and Georgia. "We are excited to bring Toyota of Union City into our Nalley platform in metro Atlanta. We will be able to take advantage of Nalley's strong market presence, its leadership, and great people in the stores that really generate great returns. And we have a high-performing store in Nalley Honda just across the street," says David Hult, CEO of Asbury Automotive Group. Nate Klebacha and Kevin Nill of Haig Partners LLC were the financial advisors to Ken Page & Scott Smith. Stephen Dietrich of Holland and Knight served as legal counsel for the Cobb County Kia transaction and Robert Bass of Bass Sox Mercer, LLC. served as legal counsel for the Toyota of Union City transaction. "Scott and Kenny asked us to help simplify their Atlanta operations and we presented them with multiple solutions. Ultimately their choice to sell the Toyota and Kia locations was based upon what was best for their employees and the markets they served. We would like to congratulate Jim Ellis and Asbury for acquiring dealerships in the robust Atlanta market," said Nate Klebacha. Added Kevin Nill, "Unlike many situations where a buyer acquires all of the dealerships, this opportunity made more sense to identify and execute transactions with separate buyers. While adding complexity, it generated the funds necessary for Scott to acquire the group's Atlanta Nissan dealerships." The team at Haig Partners has been involved in the purchase or sale of 14 Atlanta area dealerships and over 280 dealerships during their careers. About Asbury. Asbury Automotive, Inc. is a Fortune 500 company and one of the largest automotive retailers in the United States with 81 stores representing 29 brands in 9 states. About Ellis. Jim Ellis Automotive Group is an Atlanta based dealership group with 14 stores representing 13 different franchises. About Haig Partners. Haig Partners LLC is the leading advisory firm to owners of higher value dealerships and dealership groups. Since 1996, the principals at Haig Partners have completed 180 dealership transactions totaling over $3.8 billion, more than any other team in the industry. They also publish the widely followed Haig Report that tracks trends in the auto industry and how they impact dealership valuations. The latest Haig Report is available here. Alan Haig is a frequent speaker at leading industry events. For more information, visit www.haigpartners.com . Nate Klebacha (917) 288-5414 nate@haigpartners.com View original content with multimedia: http://www.prnewswire.com/news-releases/haig-partners-advises-automotive-associates-of-atlanta-on-sale-to-asbury-automotive-and-jim-ellis-automotive-group-300655204.html SOURCE Haig Partners

http://www.cnbc.com/2018/05/25/pr-newswire-haig-partners-advises-automotive-associates-of-atlanta-on-sale-to-asbury-automotive-and-jim-ellis-automotive-group.html

www.cnbc.com

Riot Blockchain’s SEC subpoena part of formal investigation

CNBC.com Source: CNBC John O'Rourke (right) CEO of Riot Blockchain after a shareholders meeting in Oklahoma City on May 9, 2018. Riot Blockchain , the cryptocurrency company whose stock skyrocketed after changing its name revealed that the Securities and Exchange Commission subpoena it received on April 9 was "pursuant to a formal order of investigation," according to a new filing. Riot released its first-quarter earnings on Thursday after filing on Tuesday that they would be delayed. "The Company has received and responded to comments from the staff of the SEC regarding certain developments and the Company's ongoing development of a blockchain/cryptocurrency business model. These inquires include the proper asset classification, applicability of the Investment Company Act [of] 1940, to the Company's business and affairs and accounting treatment of its cryptocurrency," according to the quarterly report. Riot "intends to fully cooperate with the SEC request," according to its annual report, filed in April. A call Friday to John O'Rourke, Riot's CEO, was not immediately returned. "I cannot comment on the subpoena," said O'Rourke after a shareholder meeting earlier this month. "We don't know the nature of the investigation and that's all my attorney advised me to comment on." The SEC declined to comment. Riot's stock closed up nearly 12 percent Thursday for unknown reasons. The shares then fell in extended trading Thursday after the results were released and were down more than 7 percent midafternoon Friday. The earnings report shows a company in the red. Riot brought in less than $1 million in revenue during the first quarter while posting a loss. Most of that revenue came from cryptocurrency mining, which was still being fully set up last quarter. The company had $5.3 million in cash at the end of the first quarter, down from $41.7 million in December. Riot has $4.3 million worth of cryptocurrency. "The Company expects to continue to incur losses from operations for the near-term and these losses could be significant," the report said. Over that last quarter, Riot spent $18.9 million on purchasing property and equipment and used $5.6 million for operating activities. "The Company expects the need to raise additional capital to expand our operations and pursue our growth strategies," Riot said. It expects to be able to meet its cash needs for at least one year, according to the filing. A CNBC investigation in February found a number of red flags in the company's SEC filings that might make investors leery: annual meetings that are postponed at the last minute, insider selling soon after the name change, dilutive issuances on favorable terms to large investors, SEC filings that are often Byzantine and evidence that a major shareholder was getting out while everyone else was getting in. O'Rourke accused CNBC of publishing "a negative one-sided piece." "We have made significant inroads in building a diversified portfolio of investments and to begin securing digital assets," O'Rourke said in a letter to shareholders the day the investigation aired. As bitcoin hit record highs in late December, Riot was making news on a daily basis. The company's stock shot from $8 a share to more than $40, as investors wanted to cash in on the craze of all things crypto. But Riot had not been in the cryptobusiness for long. Until October, its name was Bioptix, and it was known for having a veterinary products patent and developing new ways to test for disease. Riot warned it "may never become profitable," in its latest annual report. "Even if we achieve profitability in the future, we may not be able to sustain profitability in subsequent periods," the report said. Scott Zamost Senior Investigative Producer for CNBC Michelle Caruso-Cabrera CNBC Chief International Correspondent and "Power Lunch" Co-Anchor

https://www.cnbc.com/2018/05/18/riot-blockchains-sec-subpoena-part-of-formal-investigation.html

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UPDATE 4-AXA's U.S. float falls short but says XL financing on track

* AXA Equitable IPO priced below target range * AXA says IPO in line with XL Group financing plan * Jefferies analysts say extra financing needed * AXA Equitable stock below IPO price, AXA flat (Adds Jefferies note, link to Breakingviews column) NEW YORK/PARIS, May 10 (Reuters) - AXA's listing of its U.S. division raised less than targeted, but the French group said the proceeds were enough to ensure it can pursue a $15.3 billion acquisition of XL Group. Europe's second-biggest insurer by market capitalisation behind Allianz said it had raised $2.75 billion on Wednesday through the initial public offering (IPO) of AXA Equitable Holdings Inc at $20 per share, below a target range of $24-$27, as well as a $750 million convertible bond. "The transaction is perfectly in line with the financing plan of the acquisition of the XL Group," AXA spokesman Emmanuel Touzeau said on Twitter on Thursday. Jefferies analysts, however, said in a note that the IPO pricing pointed to a financing gap and any shortfall could mean having to issue more debt. "With 3.4 billion euros still required to cover the XL purchase, AXA will need to find an alternative source of funding for 300-600 million on our calculations," Jefferies said. AXA Equitable shares opened at $19.75 and remained below the IPO price in late morning trading, while AXA stock closed up 0.13 percent at 22.37 euros. Although it fell short of AXA's earlier expectations, the IPO is still the biggest in the United States so far in 2018 based on the proceeds raised, Thomson Reuters data showed. The listing values the U.S. entity at $11.22 billion. The AXA Equitable flotation and the XL purchase are a test for Chief Executive Thomas Buberl, who after almost two years at AXA's helm is striving to make his mark. Faced with tighter regulation and low investment returns, AXA is seeking growth in areas such as property and casualty insurance for businesses, capital-light savings products, health insurance, as well as in Asia. The acquisition of commercial insurer and reinsurer XL Group would see property and casualty insurance (P&C) rising to half of AXA's earnings, from 39 percent now. Investors appear unimpressed with the XL deal, announced in March. AXA's stock is down 9 percent in 2018, underperforming the European insurance index, which is up 3.3 percent, and reflecting a view among analysts that it is paying a high price for XL and that its debt ratio is set to become stretched. TOUGH MARKET AXA Equitable was not the first U.S. insurance IPO this year to price below its target range, after Goosehead Insurance Inc did the same in April. Investors have previously voiced concerns about the exposure of U.S. insurers to the long-term care (LTC) industry, pays out for end-of-life medical care, such as when a person needs assistance bathing or feeding themselves. AXA Equitable offers such protection to clients through a rider on life insurance products. It is one of America's oldest life insurers, with roots going back to 1859 in New York. AXA acquired the business in 1992. AXA launched the IPO in a tough market that has seen some players withdraw their offerings amid lackluster demand. Shares in life insurance peers such as Prudential Financial, MetLife, and Lincoln Financial have been under pressure following weak earnings results. Morgan Stanley, JP Morgan Barclays and Citigroup are the main investment banks involved in the IPO. (1 euro = $1.1934) (Reporting by Joshua Franklin in New York and Maya Nikolaeva in Paris Additional reporting by David French in New York and Kanishka Singh in Bengaluru Editing Richard Lough and Alexander Smith)

https://www.cnbc.com/2018/05/10/reuters-america-update-4-axas-u-s-float-falls-short-but-says-xl-financing-on-track.html

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Qi Lu steps down as Baidu COO; previously exec at Microsoft

Baidu on Friday said its operating chief, former Microsoft executive Qi Lu, will be stepping down in July, less than two years into his tenure there. Baidu stock was down more than 9 percent after the announcement. The move is a loss for one of China's leading tech companies, which are racing like American technology companies to enhance services with artificial intelligence. Baidu hired Lu to take on day-to-day operations on behalf of CEO Robin Li in January 2017. Immediately prior to that, he was an executive vice president at Microsoft, where he was in charge of Office applications. Earlier in his career he worked at IBM and Yahoo. Office is now a key part of Microsoft's growing Commercial Cloud . "We have seen many positive changes at Baidu since Qi joined last year. I'm especially impressed by Qi's integrity, dedication to work and sharp insights into technologies and businesses," Li said in a statement on the news. Lu said in the statement that he can no longer work full-time in China for "personal and family reasons" and will spend more time in the U.S. He will retain his role as vice president of Baidu's board and will focus on research and development, although he won't be working full-time for Baidu. "I'm honored to have participated in Baidu's transition into an AI-first company," Lu said. Microsoft and Google, among others, have also sought to reshape themselves around AI. Lu, who has more than 40 U.S. patents , left Microsoft in 2016 for health reasons following a bicycle accident . show chapters Robin Li: Innovation now more important than ever 10:45 PM ET Sun, 4 Sept 2016 | 03:49

https://www.cnbc.com/2018/05/18/qi-lu-steps-down-as-baidu-coo-previously-exec-at-microsoft.html

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LENDINGCLUB SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against LendingClub Corporation - LC

NEW ORLEANS, May 11, 2018 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 2, 2018 to file lead plaintiff applications in a securities against LendingClub Corporation (NYSE: LC), if they purchased the Company's securities between February 28, 2015 and April 25, 2018, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of California. What You May Do If you purchased securities of LendingClub and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ( lewis.kahn@ksfcounsel.com ), or visit https://www.ksfcounsel.com/cases/nyse-lc/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 2, 2018 . About the Lawsuit LendingClub and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On April 25, 2018, the Federal Trade Commission filed a complaint against the Company based on multiple charges of wrongdoing including falsely promising loans to consumers with no hidden fees and subsequently applying "hundreds or even thousands of dollars in hidden up-front fees from the loans"; misleading consumers as to the approval status of their loan applications; and improperly withdrawing funds from consumer accounts. On this news, the price of LendingClub's shares plummeted $0.49 per share, or over 15%, to close at $2.77 per share on April 25, 2018. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana. To learn more about KSF, you may visit www.ksfcounsel.com . Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 206 Covington St. Madisonville, LA 70447 View original content with multimedia: http://www.prnewswire.com/news-releases/lendingclub-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick--foti-llc-reminds-investors-with-losses-in-excess-of-100-000-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-lendingclub-corporation---lc-300647218.html SOURCE Kahn Swick & Foti, LLC

http://www.cnbc.com/2018/05/11/pr-newswire-lendingclub-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-foti-llc-reminds-investors-with-losses-in-excess.html

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SHAREHOLDER ALERT - Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action Against Live Nation Entertainment, Inc. (LYV) & Lead Plaintiff Deadline - June 18, 2018

NEW YORK, May 1, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Live Nation Entertainment, Inc. ("Live Nation" or the "Company") (NYSE: LYV) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Live Nation securities between February 23, 2017 through March 30, 2018, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: http://www.bgandg.com/lyv . This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Live Nation failed to abide by the terms of an antitrust consent decree with the Department of Justice (the "Consent Decree"); (2) Live Nation lacked adequate internal controls to prevent a violation of the Consent Decree; and (3) as a result of the foregoing, Live Nation's financial statements and defendants' statements about Live Nation's business, operations, and prospects, were materially false and misleading at all relevant times. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: http://www.bgandg.com/lyv or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Live Nation you have until June 18, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes. Contact: Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Yael Hurwitz 212-697-6484 | info@bgandg.com View original content with multimedia: http://www.prnewswire.com/news-releases/shareholder-alert---bronstein-gewirtz--grossman-llc-notifies-investors-of-class-action-against-live-nation-entertainment-inc-lyv--lead-plaintiff-deadline--june-18-2018-300640550.html SOURCE Bronstein, Gewirtz & Grossman, LLC

http://www.cnbc.com/2018/05/01/pr-newswire-shareholder-alert--bronstein-gewirtz-grossman-llc-notifies-investors-of-class-action-against-live-nation-entertainment-inc-lyv.html

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Nobilis Health Set to Add Telemedicine to List of Offerings

HOUSTON, May 17, 2018 /PRNewswire/ -- Nobilis Health Corp. (NYSE American: HLTH) (NEO: HLTH) ("Nobilis" or the "Company") today announced it is expanding the Company's offerings to include telemedicine services. The virtual engagement of future Nobilis patients will ease geographical limitations and definitely expand Nobilis' patient reach across the country. "Nobilis is a company built on concierge service for our patients and revolutionary technology, so embracing telemedicine is a natural part of our company's progression," said Dr. Neil Badlani, Nobilis' Chief Medical Officer, and member of the Board of Directors. "Our physicians are excited about the opportunity to increase patient engagement through telemedicine, to provide further education on our entire spectrum of minimally invasive procedures. Regardless of physical location, Nobilis physicians will be able to create a personal and productive dialogue with patients, including walking patients through their MRI results using virtual models and illustrations to break down any complexities and answer any questions the patient may have- just as though it was being done in person." "Healthcare is becoming an increasingly consumer driven industry. With greater access to information, more abundant choices and a greater financial burden, patients are more actively involved in choosing their physicians, hospitals and health care services than ever before. And like every other industry, technology is bringing healthcare closer to patients. Telemedicine has the potential to bring patients face-to-face with their physician in the comfort and convenience of their own home," continued Dr. Badlani. The company's Telemedicine services will be offered in conjunction with Nobilis' branded marketing campaigns, initially, with plans to expand the application throughout the system over time, and where appropriate. Forward Looking Statements This press release contains certain forward-looking statements within the meaning of Canadian and United States securities laws, including the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts and may be identified by the use of words such as "may," "believe," "will," "expect," "project," "estimate," "anticipate," "plan" or "continue." These forward-looking statements are based on current plans and expectations and are subject to a number of risks, uncertainties and other factors which could significantly affect current plans and expectations and our future financial condition and results. These factors, which could cause actual results, performance and achievements to differ materially from those anticipated, include, but are not limited to our ability to successfully maintain effective internal controls over financial reporting; our ability to implement our business strategy, manage the growth in our business, and integrate acquired businesses; the risk of litigation and investigations, and liability claims for damages and other expenses not covered by insurance; the risk that payments from third-party payers, including government healthcare programs, may decrease or not increase as costs increase; adverse developments affecting the medical practices of our physician limited partners; our ability to maintain favorable relations with our physician limited partners; our ability to grow revenues by increasing case and procedure volume while maintaining profitability at the Nobilis Facilities; failure to timely or accurately bill for services; our ability to compete for physician partners, patients and strategic relationships; the risk of changes in patient volume and patient mix; the risk that laws and regulations that regulate payments for medical services made by government healthcare programs could cause our revenues to decrease; the risk that contracts are canceled or not renewed or that we are not able to enter into additional contracts under terms that are acceptable to us; and the risk of potential decreases in our reimbursement rates. The foregoing are significant factors we think could cause our actual results to differ materially from expected results. However, there could be additional factors besides those listed herein that also could affect us in an adverse manner. We have not undertaken any obligation to publicly update or revise any forward-looking statements. All of our forward-looking statements speak only as of the date of the document in which they are made or, if a date is specified, as of such date. Subject to any mandatory requirements of applicable law, we disclaim any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in our expectations or any changes in events, conditions, circumstances or information on which the forward-looking statement is based. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing factors and in our Annual Report on Form 10-K for the fiscal year ended December 31, 2017, filed on March 12, 2018, as updated by other filings with the Securities and Exchange Commission. Contact Information: Joel Lehr Assistant Vice President, Corporate Communications IR@nobilishealth.com 346-207-6342 View original content with multimedia: http://www.prnewswire.com/news-releases/nobilis-health-set-to-add-telemedicine-to-list-of-offerings-300650594.html SOURCE Nobilis Health Corp.

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German first quarter growth halves on weak trade

German growth halved in the first quarter of the year due to weaker trade and less state spending, data showed on Tuesday, though analysts said they saw it as a temporary blip. Europe's biggest economy grew by 0.3 percent in the first three months, the slowest rate since the third quarter of 2016, preliminary data from the Federal Statistics Office showed. This compared with 0.4 percent predicted in a Reuters forecast of analysts and followed an expansion rate of 0.6 percent in the final three months of last year. Still, it marked the 15th consecutive quarter of expansion, the longest period of uninterrupted growth since German reunification. "Is it a pause or a fundamental shift? For us the answer is clear: It's just a blip," DekaBank analyst Andreas Scheuerle said. He pointed to continued strong foreign demand and vibrant domestic activity due to record employment and rising wages. "However, this should not hide the fact that risks to the economic outlook have risen not least due to the neo-protectionist aspirations and sanctions policy of the U.S. government," Scheuerle added. show chapters Trump: Want to deepen economic ties to Germany 2:35 PM ET Fri, 27 April 2018 | 02:12 The statistics office said positive contributions in the first quarter came mainly from domestic demand while trade was weak. "Investment rose sharply, with significantly more investment in construction, but also in equipment," the office said. Household spending rose slightly while state consumption fell. On the year, the German economy grew by a calendar-adjusted 2.3 percent in the first quarter, the data showed. This was just short of the consensus forecast of 2.4 percent. The office also confirmed full-year GDP growth of 2.2 percent in 2017 which translated into a calendar-adjusted rate of 2.5 percent. This was the strongest pace since 2011. The DIHK Chambers of Commerce and Industry also blamed the slowdown in the first quarter on a flu epidemic, an unusually high number of strikes and an above-average number of holidays. show chapters As goes Germany, so goes Europe, says former German ambassador 8:30 AM ET Fri, 27 April 2018 | 03:15 "The start of the year is a disappointment, but not yet the beginning of the end of the upswing," DIHK managing director Martin Wansleben said. The government has also said it expects the economy to bounce back in the second quarter due to full order books and high employment. Berlin forecasts 2.3 percent growth this year. "The upswing has cooled down a bit, but it's still intact," Ifo President Clemens Fuest said. "We expect stronger growth rates in the months ahead." Jennifer McKeown from Capital Economics said the economy will get a boost from increased public spending on child benefits and pensions in the coming quarters while growth among major export partners would also pick up again. "In all, we still see German GDP rising by 2.5 percent this year as a whole and the renewed strength of the euro zone's largest economy will encourage the ECB to signal this summer that asset purchases will not last into 2019," she added. The release of the preliminary data does not include a detailed breakdown but only a qualitative assessment. The office will release more detailed GDP results on 24 May.

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China Biologic Reports Financial Results for the First Quarter of 2018

--1Q18 Total Sales Up 13.7% YoY and Non-GAAP Adjusted Net Income Up 2.1% YoY in RMB terms, or Total Sales Up 23.0% YoY to $112.5 Million and Net Income Up 5.3% YoY to $31.6 Million in USD terms-- BEIJING, May 4, 2018 /PRNewswire/ -- China Biologic Products Holdings, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced its unaudited financial results for the first quarter of 2018. First Quarter 2018 Financial Highlights Total sales in the first quarter of 2018 increased by 13.7% in RMB terms and 23.0% in USD terms to $112.5 million from $91.5 million in the same quarter of 2017. Gross profit increased by 33.1% to $78.8 million from $59.2 million in the same quarter of 2017. Gross margin increased to 70.0% from 64.8% in the same quarter of 2017. Income from operations increased by 0.5% to $39.0 million from $38.8 million in the same quarter of 2017. Operating margin decreased to 34.7% from 42.4% in the same quarter of 2017. Net income attributable to the Company increased by 5.3% to $31.6 million from $30.0 million in the same quarter of 2017. Fully d iluted earnings per share decreased to $0.92 compared to $1.06 in the same quarter of 2017. Non-GAAP adjusted net income attributable to the Company increased by 2.1% in RMB terms and 10.4% in USD terms to $41.3 million from $37.4 million in the same quarter of 2017. Non-GAAP adjusted earnings per share decreased to $1.21 from $1.32 in the same quarter of 2017. Certain income statement and balance sheet items impacted by the TianXinFu acquisition are presented for comparison purposes. Mr. David (Xiaoying) Gao, Chairman and Chief Executive Officer of China Biologic, commented, "We began 2018 with a challenging first quarter of 2018 was worse than we anticipated due to the ongoing impact of government reform measures on China's healthcare market. The trend of many regional hospitals reducing purchases on certain high-unit-price plasma products at the end of 2017 to comply with the strict policy of capping the revenue from drug sales to 30% of the total revenue of a hospital continued in the first quarter of 2018, which resulted in a high double digit sales revenue decline in our direct sales channel. Our prices in the distribution channel also face increased pressure with more intensified competition among all major plasma products. To offset the deceleration of volume growth associated with ongoing healthcare reform, we continued to enhance marketing and promotional activities to pursue new sales channels and strategic partners, including new distributors and retail pharmacy chains which together achieved 20% year over year growth. The revenue contribution from placenta polypeptide continued to grow approximately 45% in RMB terms in the first quarter, reflecting an increased proportion of higher-invoiced shipments due to the wider implementation of the two-invoice policy. While the TianXinFu business demonstrated softer performance as anticipated in the first quarter of 2018, we expect the business will experience greater levels of growth in the remaining quarters of the year." "Despite our first quarter challenges, we achieved notable operational progress in our business. We began full operations at the new Shandong facility in late February, received the long-awaited operating permit at the Daming plasma collection station in early March and commenced commercial plasma collection immediately thereafter, and construction of our Feicheng branch plasma collection facility remains on track for completion by the middle of this year. In addition, the construction of our new Wenchang station in Hainan Province remains on track, and the station is expected to obtain the operating permit to begin commercial operations before the end of this year." "We remain focused on solidifying our leading market position by broadening our sales channels, exploring new growth opportunities to offset the impact of ongoing healthcare reform, and further investing in medical marketing with our internal sales force as well as utilizing TianXinFu's team to support our newly launched products. In addition, we remain committed to managing public tenders in local markets to secure optimized pricing and increasing our profitability by accelerating the commercial launch time of our various pipeline products. Despite the challenges we are facing, we remain optimistic about the long-term development of China's plasma industry," concluded Mr. Gao. First Quarter 2018 Financial Performance Total sales in the first quarter of 2018 increased by 13.7% in RMB terms, or 23.0% in USD terms due to favorable exchange rate benefit, to $112.5 million from $91.5 million in the same quarter of 2017, primarily attributable to $11.4 million contribution from TianXinFu, accounting for approximately 10.1% of total sales for the quarter. Excluding TianXinFu, total sales in the first quarter of 2018 increased by 2.2% in RMB terms, as a combined result of an increase in the sales of placenta polypeptide products and certain immunoglobulin products, which was partly offset by the decrease in the sales of human albumin and IVIG products. During the first quarter of 2018, human albumin and IVIG products remained the Company's two largest sales contributors. As a percentage of total sales, sales from human albumin and IVIG products were 30.1% and 28.3%, respectively, in the first quarter of 2018. Excluding the contribution from TianXinFu, human albumin and IVIG products were 33.4% and 31.4% of total sales, respectively, which was a decrease from 40.3% and 34.8% respectively in the first quarter of 2017, mainly reflecting the combined effects of decreased sales volume and sales prices year-over-year. The sales volume of human albumin and IVIG products decreased by 12.0% and 6.2%, respectively, for the first quarter of 2018 compared to the same quarter of 2017, reflecting the decreased purchase volumes at various hospitals due to government healthcare reform measures. The average price for human albumin and IVIG products decreased by 3.7% and 1.3%, respectively, in RMB terms in the first quarter of 2018 compared to the same quarter of 2017, mainly due to further price discounts to certain distributors, which reflected intensified market competition for major plasma products. In USD terms, the average price for human albumin and IVIG products increased by 4.2% and 6.7% year-over-year, respectively. Revenue from human hyper-immunoglobulin products increased by 56.4% in the first quarter of 2018 compared to the same quarter of 2017, reaching 11.5% of total sales, mainly due to the increase in sales volume of human rabies immunoglobulin products. Revenue from coagulation factor products, including human coagulation factor VIII, human prothrombin complex concentrate and newly launched human fibrinogen products, increased by 48.2% in the first quarter of 2018 compared to the same quarter of 2017, representing 5.7% of total sales. The growth mainly came from the human fibrinogen products launched by the Company from the beginning of 2018, as well as an increase in sales volume of human prothrombin complex concentrate products, reflective of the Company's ongoing medical marketing activities. Revenue from placenta polypeptide products increased by 45.2% in RMB terms, or 57.1% in USD terms, in the first quarter of 2018 compared to the same quarter of 2017, reaching 14.3% of total sales, supported by higher unit selling prices due to wider implementation of the two-invoice policy, partially offset by lower sales volume due to the government's control on medical insurance spending. Cost of sales increased by 4.3% to $33.7 million in the first quarter of 2018 compared to the same quarter of 2017. As a percentage of total sales, cost of sales decreased to 30.0% from 35.2% in the same quarter of 2017. The decrease in cost of sales as a percentage of total sales mainly reflected a higher gross margin of TianXinFu. Excluding TianXinFu, cost of sales was 32.2% of total sales, also lower than the first quarter of 2017, mainly due to the higher sales price of placenta polypeptide product. Gross profit increased by 33.1% to $78.8 million in the first quarter of 2018 from $59.2 million in the same quarter of 2017. Gross margin was 70.0% and 64.8% in the first quarters of 2018 and 2017, respectively. Total operating expenses in the first quarter of 2018 was $39.8 million, compared to $20.4 million in the same quarter of 2017. As a percentage of total sales, total operating expenses increased to 35.4% in the first quarter of 2018 from 22.4% in the same quarter of 2017. Excluding TianXinFu, total operating expenses increased by $14.3 million, or 70.1%, to $34.7 million in the first quarter of 2018. This increase mainly consisted of an increase of $13.1 million in selling expenses. Selling expenses in the first quarter of 2018 was $20.7 million, compared to $3.8 million in the same quarter of 2017. More than half of the increase was related to the sales of placenta polypeptide products, with the remainder related to the sales of plasma products and TianXinFu's sales of its dura mater products. For placenta polypeptide products and certain hyper-immune products, as certain previous multiple layers of distribution channels were disqualified due to the two-invoice regulation, the Company implemented new sales strategies including using an internal sales force or engaging third party contract service organizations to promote its placenta polypeptide products. For other plasma products, in order to solidify its competitiveness within distribution channel customers, the Company incurred additional promotion and marketing costs. TianXinFu's selling expenses included a $2.0 million amortization expense for the intangible asset of customer relationships associated with the Company's acquisition of TianXinFu. Excluding this intangible asset amortization expense, selling expenses accounted for 16.7% of total sales of the Company in the first quarter of 2018 compared to 4.2% in the same quarter of 2017. General and administrative expenses in the first quarter of 2018 was $17.4 million, compared to $15.2 million in the same quarter of 2017. As a percentage of total sales, general and administrative expenses were 15.5% and 16.7% in the first quarter of 2018 and the same quarter of 2017, respectively. The increase in general and administrative expenses was mainly due to a $0.9 million increase of share-based compensation expenses. Excluding the impact of share-based compensation expenses, non-GAAP general and administrative expenses would have been 7.4% and 7.9% of total sales in the first quarter of 2018 and the same quarter of 2017, respectively. Research and development expenses in the first quarter of 2018 was $1.7 million, compared to $1.4 million in the same quarter of 2017. As a percentage of total sales, research and development expenses remained stable at 1.5% in the first quarter of 2018 compared to the same quarter of 2017. Income from operations for the first quarter of 2018 increased by 0.5% to $39.0 million from $38.8 million in the same period of 2017. Operating margin decreased to 34.7% in the first quarter of 2018 from 42.4% in the same quarter of 2017. Income tax expense was $6.7 million for the first quarter of 2018 compared to $7.0 million in the same period of 2017. The effective income tax rate was 15.1% and 16.8% for the first quarter of 2018 and 2017, respectively. The decrease of the effective income tax was mainly due to excess tax benefits from stock-based compensation as a deduction from income tax expense in the first quarter of 2018. Net income attributable to the Company increased by 5.3% to $31.6 million in the first quarter of 2018 from $30.0 million in the same quarter of 2017. Net margin decreased to 28.1% in the first quarter of 2018 from 32.8% in the same quarter of 2017. Diluted net earnings per share decreased to $0.92 in the first quarter of 2018 compared to $1.06 in the same quarter of 2017. Non-GAAP adjusted net income attributable to the Company increased by 2.1% in RMB terms, or 10.4% in USD terms, to $41.3 million in the first quarter of 2018 from $37.4 million in the same quarter of 2017. Non-GAAP net margin decreased to 36.7% in the first quarter of 2018 from 40.9% in the same quarter of 2017. Non-GAAP adjusted net income per diluted share decreased to $1.21 in the first quarter of 2018 from $1.32 in the same quarter of 2017. Excluding TianXinFu, Non-GAAP adjusted net income attributable to the Company decreased by 12.1% in RMB terms, or 4.8% in USD terms in the first quarter of 2018 compared to the same quarter of 2017. Non-GAAP adjusted net income and diluted earnings per share for the first quarter of 2018 exclude $8.3 million in non-cash employee share-based compensation expenses and $1.5 million in intangible assets amortization expense related to the acquisition of TianXinFu. As of March 31, 2018, the Company had $118.2 million in cash and cash equivalents , primarily consisting of cash on hand and demand deposits, $106.6 million in time deposits and $141.9 million in financial instruments . Net cash provided by operating activities for the first quarter of 2018 was $23.3 million, including a $4.5 million contribution from TianXinFu, compared to $13.0 million for the same quarter of 2017. Excluding TianXinFu, the $5.8 million increase in net cash provided by operating activities was a combined result of 1) the benefit from an increase of other payables and accrued liabilities, an increase of advance from customers, and a slowdown of increase in account receivable, and 2) the negative impact from a decrease in net income, a decrease in accounts payable, an increase in prepayments and deferred expenses as well as inventory compared to the first quarter of 2017. Excluding TianXinFu, the other payables and accrued liabilities increased by $8.5 million in the first quarter of 2018, compared to a decrease of $5.4 million in the first quarter of 2017. The increase mainly reflected more marketing activities carried out by third party contract service organizations that the Company engaged to promote placenta polypeptide and certain plasma products in complying with the two-invoice policy. Excluding TianXinFu, accounts receivable increased by $15.5 million during the first quarter of 2018 compared to $17.6 million in the same quarter of 2017. The accounts receivable turnover days for plasma products increased to 84 days during the first quarter of 2018 from 46 days in the same quarter of 2017, reflecting longer credit terms to hospitals as a result of the nationwide implementation of healthcare reform measures and intensified competition in the distribution channel. Excluding TianXinFu, inventories increased by $10.6 million in the first quarter of 2018 compared to $9.1 million in the same quarter of 2017. This increase was a result of an increase in raw materials due to downwardly adjusted plasma throughput, reflecting weaker market demand due to a more aggressive-than-expected implementation of certain government healthcare reform policies. Net cash used in investing activities for the first quarter of 2018 was $135.5 million compared to $9.1 million for the same quarter of 2017. Net cash used in investing activities in the first quarter of 2018 mainly consisted of $264.7 million payment for purchase of time deposits and financial instruments, $11.3 million for the acquisition of property, plant and equipment, intangible assets, and land use rights, which was partly offset by $97.7 million cash received upon acquisition of TianXinFu and the maturity of $42.8 million time deposits and financial instruments. In the same quarter of 2017, the Company paid $9.1 million for the acquisition of property, plant and equipment and land use rights for Shandong Taibang and Guizhou Taibang. Net cash provided by financing activities for the first quarter of 2018 was $0.3 million compared to $8.8 million for the same quarter of 2017. Net cash provided by financing activities in the first quarter of 2018 represented proceeds of $0.3 million from stock options exercised. The net cash provided by financing activities in the first quarter of 2017 mainly consisted of an $8.7 million short-term loan. Financial Outlook Update for 2018 For the full year of 2018, the Company previously published a guidance of total sales growth of 18% to 20% in RMB terms and non-GAAP adjusted net income growth of 16% to 18% in RMB terms over 2017 financial results. Excluding TianXinFu, sales for 2018 are expected to grow 6% to 8% in RMB terms, and non-GAAP adjusted net income is expected to grow 3% to 4% in RMB terms over 2017 financial results. The 2018 non-GAAP adjusted net income projection excludes non-cash employee share-based compensation expenses and non-cash intangible assets amortization expense associated with the TianXinFu acquisition. However, given the worse-than-expected first quarter results due to ongoing impact of regulatory changes, the Company expects that it will be challenging to meet its previously published full year guidance. The Company is actively evaluating the evolving regulatory environment and competition dynamics and may lower its full year guidance should there be no significant improvement in the business operating conditions for the remainder of the year. Conference Call The Company will host a conference call at 7:30 am Eastern Time on May 7, 2018, which is 7:30 pm Beijing Time on May 7, 2018, to discuss its first quarter 2018 results and answer questions from investors. Listeners may access the call by dialing: US: 1 888 346 8982 International: 1 412 902 4272 Hong Kong: 800 905 945 China: 400 120 1203 A telephone replay will be available one hour after the conclusion of the conference all through May 14, 2018. The dial-in details are: US: 1 877 344 7529 International: 1 412 317 0088 Passcode: 10119614 A live and archived webcast of the conference call will be available through the Company's investor relations website at http://chinabiologic.investorroom.com . About China Biologic Products Holdings, Inc. China Biologic Products Holdings, Inc. (NASDAQ: CBPO) is a leading fully integrated plasma-based biopharmaceutical company in China. The Company's products are used as critical therapies during medical emergencies and for the prevention and treatment of life-threatening diseases and immune-deficiency related diseases. China Biologic is headquartered in Beijing and manufactures over 20 different dosage forms of plasma products through its indirect majority-owned subsidiary, Shandong Taibang Biological Products Co., Ltd. and its wholly owned subsidiary, Guizhou Taibang Biological Products Co., Ltd. The Company also has an equity investment in Xi'an Huitian Blood Products Co., Ltd. The Company sells its products to hospitals, distributors and other healthcare facilities in China. For additional information, please see the Company's website www.chinabiologic.com . Non-GAAP Disclosure This news release contains non-GAAP financial measures that exclude non-cash compensation expenses related to options and restricted shares granted to employees and directors under the Company's 2008 Equity Incentive Plan, and amortization of acquired intangible assets. To supplement the Company's unaudited consolidated financial statements presented on a GAAP basis, the Company has provided non-GAAP financial information excluding the impact of these items in this release. The Company's management believes that its presentation of non-GAAP financial measures provides useful supplementary information to and facilitates additional analysis by investors. A reconciliation of the adjustments to GAAP results appears in the table accompanying this news release. This additional non-GAAP information is not meant to be considered in isolation or as a substitute for GAAP financials. The non-GAAP financial information that the Company provides also may differ from the non-GAAP information provided by other companies. In addition, as the Company evaluates certain key items of its financial results on a local currency basis (i.e., in RMB) in addition to the reporting currency (i.e., in USD), this news release contains local currency information that eliminates the impact of fluctuations in foreign currency exchange rates. The Company believes that, given its operations primarily based in China, providing local currency information on such key items enhances the understanding of its financial results and evaluation of performance in comparison to prior periods. Changes in local currency percentages are calculated by comparing financial results denominated in RMB from period to period. Safe Harbor Statement This news release may contain certain " " relating to the business of China Biologic Products Holdings, Inc. and its subsidiaries. All statements, other than statements of historical fact included herein, are " ." These are often identified by the use of forward-looking terminology such as "intend," "believe," "expect," "are expected to," "will," or similar expressions, and involve known and unknown risks and uncertainties. Among other things, the Company's plans regarding the construction and operation of plasma collection stations, the commercial launch of pipeline products and the integration with TianXinFu, as well as the management's quotations and forecast of the Company's financial performance in this news release contain . Although the Company believes that the expectations reflected in these are reasonable, they involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these , which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these as a result of a variety of factors, including, without limitation, quality of purchased source plasma, potential delay or failure to complete construction of new collection facilities, potential inability to pass government inspection and certification process for existing and new facilities, potential inability to achieve the designed collection capacities at the new collection facilities, potential inability to achieve the expected operating and financial performance, potential inability to find alternative sources of plasma, potential inability to increase production at permitted sites, potential inability to mitigate the financial consequences of a temporarily reduced raw plasma supply through cost cutting or other efficiencies, and potential additional regulatory restrictions on its operations and those additional risks and uncertainties discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website ( http://www.sec.gov ). All attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these . Contact: China Biologic Products Holdings, Inc. Mr. Ming Yin Senior Vice President Phone: +86-10-6598-3099 Email: ir@chinabiologic.com ICR Inc. Mr. Bill Zima Phone: +86-10-6583-7511 or +1-646-405-5191 E-mail: bill.zima@icrinc.com (Financial statements on the following pages) CHINA BIOLOGIC PRODUCTS HOLDINGS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS March 31, 2018 December 31, 2017 USD USD ASSETS Current Assets Cash and cash equivalents 118,205,213 219,336,848 Time deposits 106,550,100 22,895,200 Financial instruments 141,883,453 - Accounts receivable, net of allowance for doubtful accounts 96,279,290 77,267,275 Loan receivable - current 47,709,000 45,912,000 Inventories 231,526,133 209,570,835 Prepayments and other current assets, net of allowance for doubtful accounts 23,824,618 18,139,453 Total Current Assets 765,977,807 593,121,611 Property, plant and equipment, net 192,320,783 166,812,749 Intangible assets,net 62,050,423 536,338 Land use rights, net 30,040,442 24,853,163 Equity method investment 16,568,483 14,903,908 Goodwill 329,364,009 - Other non-current assets 10,165,068 8,829,648 Total Assets 1,406,487,015 809,057,417 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Accounts payable 5,898,781 7,548,909 Income tax payable 17,302,336 14,258,544 Other payables and accrued expenses 94,374,626 75,827,864 Total Current Liabilities 117,575,743 97,635,317 Deferred income 3,480,372 3,476,877 Non-current income tax payable 37,067,138 37,067,138 Other liabilities 16,580,741 6,553,088 Total Liabilities 174,703,994 144,732,420 Shareholders' Equity Ordinary share: par value $0.0001; 100,000,000 shares authorized; 35,457,718 and 29,866,545 shares issued at March 31, 2018 and December 31, 2017, respectively; 33,203,014 and 27,611,841 shares outstanding at March 31, 2018 and December 31, 2017, respectively 3,546 2,987 Additional paid-in capital 584,467,652 140,230,395 Treasury share: 2,254,704 shares at March 31, 2018 and December31, 2017, respectively, at cost (56,425,094) (56,425,094) Retained earnings 538,011,513 506,426,436 Accumulated other comprehensive income 36,357,739 7,957,304 Total equity attributable to China Biologic Products Holdings, Inc. 1,102,415,356 598,192,028 Noncontrolling interest 129,367,665 66,132,969 Total Shareholders' Equity 1,231,783,021 664,324,997 Commitments and contingencies - - Total Liabilities and Shareholders' Equity 1,406,487,015 809,057,417 CHINA BIOLOGIC PRODUCTS HOLDINGS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME For the Three Months Ended March 31, 2018 March 31, 2017 USD USD Sales: 112,464,890 91,453,112 Human Albumin 33,795,961 36,858,291 Human Immunoglobulin for Intravenous Injection 31,785,221 31,752,986 Other Immunoglobulin products 13,019,557 8,293,667 Placenta Polypeptide 16,094,645 10,246,969 Artificial Dura Mater 9,943,983 - Others 7,825,523 4,301,199 Cost of sales 33,691,683 32,215,473 Gross profit 78,773,207 59,237,639 Operating expenses Selling expenses 20,695,215 3,807,552 General and administrative expenses 17,387,075 15,256,766 Research and development expenses 1,716,954 1,357,363 Income from operations 38,973,963 38,815,958 Other income (expenses) Equity in income of an equity method investee 1,068,045 911,743 Interest expense (67,564) (62,510) Interest income 3,003,929 1,623,839 Fair value changes of financial instruments 1,285,063 - Total other income, net 5,289,473 2,473,072 Income before income tax expense 44,263,436 41,289,030 Income tax expense 6,707,455 6,950,539 Net income 37,555,981 34,338,491 Less: Net income attributable to noncontrolling interest 5,970,904 4,346,642 Net income attributable to China Biologic Products Holdings, Inc. 31,585,077 29,991,849 Earnings per share of ordinary share: Basic 0.93 1.07 Diluted 0.92 1.06 Weighted average shares used in computation: Basic 33,150,695 27,183,733 Diluted 33,338,470 27,465,414 Net income 37,555,981 34,338,491 Other comprehensive income: Foreign currency translation adjustment, net of nil income taxes 31,793,225 2,720,968 Comprehensive income 69,349,206 37,059,459 Less: Comprehensive income attributable to noncontrolling interest 9,363,694 4,650,562 Comprehensive income attributable to China Biologic Products Holdings, Inc. 59,985,512 32,408,897 CHINA BIOLOGIC PRODUCTS HOLDINGS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS For the Three Months Ended March 31, March 31, 2018 2017 USD USD CASH FLOWS FROM OPERATING ACTIVITIES: Net income 37,555,981 34,338,491 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 2,325,609 3,052,133 Amortization 2,404,758 428,028 Loss on sale of property, plant and equipment 44,142 63,425 Fair value changes of financial instruments (1,285,063) - Allowance (reversal) for doubtful accounts - accounts receivable, net - (10,168) Deferred tax expense (benefit) (846,255) 266,804 Share-based compensation 9,009,234 8,072,065 Equity in income of an equity method investee (1,068,045) (911,743) Change in operating assets and liabilities: Accounts receivable (15,505,930) (17,570,606) Inventories (10,766,490) (9,130,101) Prepayments and other current assets (4,582,769) (2,281,491) Accounts payable (1,942,878) 378,931 Income tax payable 1,504,625 1,869,988 Other payables and accrued expenses 6,618,643 (5,411,627) Deferred income (130,974) (121,102) Net cash provided by operating activities 23,334,588 13,033,027 CASH FLOWS FROM INVESTING ACTIVITIES: Cash acquired from acquisition of Tianxinfu 97,702,278 - Purchase of time deposit (84,828,600) - Maturity of time deposit 3,000,000 - Purchase of financial instruments (179,855,473) - Maturity of financial instruments 39,772,069 - Payment for property, plant and equipment (11,048,396) (8,936,981) Payment for intangible assets and land use rights (255,664) (151,326) Proceeds from sale of property, plant and equipment 10,722 3,626 Net cash used in investing activities (135,503,064) (9,084,681) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from stock option exercised 339,411 98,500 Proceeds from short-term bank loans - 8,715,000 Net cash provided by financing activities 339,411 8,813,500 EFFECT OF FOREIGN EXCHANGE RATE CHANGES ON CASH 10,697,430 829,989 NET INCREASE IN CASH AND CASH EQUIVALENTS (101,131,635) 13,591,835 Cash and cash equivalents at beginning of period 219,336,848 183,765,533 Cash and cash equivalents at end of period 118,205,213 197,357,368 Supplemental cash flow information Cash paid for income taxes 6,352,407 4,969,712 Noncash investing and financing activities: Acquisition of property, plant and equipment included in payables 5,389,336 1,863,464 Issuance of ordinary shares in connection with the Tianxinfu acquisition 434,889,170 - CHINA BIOLOGIC PRODUCTS HOLDINGS, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES For the Three Months Ended March 31, March 31, 2018 2017 USD USD Adjusted Net Income Attributable to the Company - Non GAAP 41,314,679 37,430,088 Diluted EPS - Non GAAP 1.21 1.32 Non-cash employee stock compensation (8,262,637) (7,438,239) Amortization of acquired intangible assets (1,466,965) - Net Income Attributable to the Company 31,585,077 29,991,849 Weighted average number of shares used in computation of Non GAAP diluted EPS 33,338,470 27,465,414 View original content: http://www.prnewswire.com/news-releases/china-biologic-reports-financial-results-for-the-first-quarter-of-2018-300642792.html SOURCE China Biologic Products Holdings, Inc.

http://www.cnbc.com/2018/05/04/pr-newswire-china-biologic-reports-financial-results-for-the-first-quarter-of-2018.html

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IRSA Propiedades Comerciales S.A. announces Results for the third quarter of FY 2018 ended March 31, 2018

BUENOS AIRES, Argentina, May 8, 2018 /PRNewswire/ -- IRSA Propiedades Comerciales S.A. (NASDAQ: IRCP; ByMA: IRCP), the leading commercial real estate company in Argentina, announces today its results for the third quarter of FY 2018 ended March 31, 2018. HIGHLIGHTS Net income for 9M18 reached ARS 12,188.8 million compared to ARS 2,454.2 million in 9M17 mainly explained by higher results from changes in the fair value of investment properties due the impact of the Argentine tax reform and the effects of the exchange rate on them. The Company's Adjusted EBITDA for 9M18 reached ARS 2,268.5 million, 17.6% higher than the same period of 2017. Adjusted EBITDA of Malls' and Office segment reached ARS 2,040.0 million and ARS 275.1 million, increasing by 19.0% and 19.6% respectively. The Company's NOI for 9M18 reached ARS 2,581.0 million, 20.7% higher than the same period of 2017 and adjusted FFO reached ARS 1,525.0 million, increasing by 39.0% compared to 9M17. Our shopping centers' sales grew by 24% in 9M18 vs. 9M17 and occupancy reached 98.6%. In March 2018, we acquired a plot of land of 78,000 sqm in La Plata district for USD 7.5 million to develop a mixed-use real estate project. Financial Highlights (In millions of Argentine Pesos) IIIQ18 Ended March 31, 2018 Income Statement 03/31/2018 03/31/2017 Revenues from sales, leases and services 3,080.9 2,494.0 Consolidated Gross Profit 2,749.7 2,246.6 Consolidated Profit from Operations 12,710.4 3,796.7 Profit / (Loss) For the Period 12,188.8 2,454.2 Attributable to: IRSA CP's Shareholders 11,841.0 2,358.5 Non-Controlling interest 347.8 95.6 EPS (Basic) 93.97 18.71 EPS (Diluted) 93.97 18.71 Balance Sheet 03/31/2018 06/30/2017 Current Assets 8,464.1 4,515.3 Non Current Assets 49,733.3 37,906.2 Total Assets 58,237.5 42,421.5 Current Liabilities 1,824.8 1,800.7 Non Current Liabilities 20,263.6 17,604.6 Total Liabilities 21,871.8 19,405.3 Non-Controlling Interest 1,234.8 871.2 Shareholders' Equity 34,540.9 23,016.2 IRSA Propiedades Comerciales S.A. (NASDAQ: IRCP, ByMA: IRCP) is the leading commercial real estate company of Argentina. It is the largest owner and manager of shopping malls and one of the largest office buildings' operators in terms of gross leasable area and number of rental properties. Additionally, IRCP owns a unique landbank for future commercial developments in Argentina. A longer version of this press release with detailed information is available on the web site: http://www.irsacp.com.ar . IRSA Propiedades Comerciales S.A. cordially invites you to participate in the IIIQ 2018 Results Conference Call on Wednesday, May 9, 2018 at 09:00 a.m. US EST. If you would like to participate, please call: 1-844-308-3343 (toll free) or 1-412-717-9602 (international) Conference ID # IRSA CP To access the webcast, click on the link below: http://webcastlite.mziq.com/cover.html?webcastId=9e36bfc6-d130-45a3-be80-94d57764122a Investor Relations Department +5411-4323-7449 ir@irsacp.com.ar www.irsacp.com.ar Follow us on Twitter @irsacpir View original content: http://www.prnewswire.com/news-releases/irsa-propiedades-comerciales-sa-announces-results-for-the-third-quarter-of-fy-2018-ended-march-31-2018-300644768.html SOURCE IRSA Propiedades Comerciales S.A.

http://www.cnbc.com/2018/05/08/pr-newswire-irsa-propiedades-comerciales-s-a-announces-results-for-the-third-quarter-of-fy-2018-ended-march-31-2018.html

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UPDATE 4-U.S. drone program taps Apple, passes over Amazon, China's DJI

(Adds details of winners) WASHINGTON/SAN FRANCISCO, May 9 (Reuters) - Apple Inc soon will be capturing images of North Carolina by drone; a 1,500-pound, unmanned aircraft will look for mosquitoes in Florida; and startup Flirtey will fly medical equipment on drones to heart-attack victims in Nevada. The projects are among 10 announced by the U.S. Transportation Department on Wednesday that will help it assess how to regulate drones and integrate them safely into U.S. air space. The United States has lagged other countries in experimentation with drones, something the program hopes to correct. Missing from the projects are Amazon.com Inc, the world's largest online retailer, and China's DJI, the world's largest maker of non-military drones. About a dozen applications that included DJI were rejected. An application that would have seen Amazon deliver goods by drone to shoppers in New York City was also declined, a person familiar with the matter said. Among the winners were microchip maker Intel Corp, plane maker Airbus SE, ride services company Uber Technologies Inc, delivery company FedEx Corp and software maker Microsoft Corp. The contest drew 149 bids from locales looking to host flights at night, flights over people and other drone operations that U.S. rules prohibit. The applicants listed companies they would partner with in the experiments, and the winners may have a head start at the billions of dollars and tens of thousands of jobs the young industry expects to create. U.S. Transportation Secretary Elaine Chao said dozens more projects could be approved in coming months, either with new waivers or under existing rules. Asked about Amazon's absence, Deputy Transportation Secretary Jeff Rosen cited a rigorous process and said there were "no losers." The wide interest in the U.S. initiative, launched by President Donald Trump last year, underscores the desire of a broad range of companies to have a say in how the fledgling industry is regulated and ultimately win authority to operate drones for purposes ranging from package delivery to crop inspection. FLYING BURGERS One clear winner was Nevada-based Flirtey, a drone delivery startup. It said it was a partner on four of the winning applications and expects the U.S. Federal Aviation Administration programs to jump-start growth. "This gives it the ability to move into any geography in the United States and move out of test mode into full operation," said Mark Siegel, a partner at Menlo Ventures, an investor in Flirtey. The startup will have to hire more people, ramp up its testing and add more features to its drones -- all of which will require more money, and Flirtey will complete another financing round this year, Siegel said. AirMap, an airspace management company for drones, said it was on six winning applications. Winner Virginia Tech said that Alphabet's Project Wing , AT&T Inc, Intel, Airbus and Dominion Energy Inc are among the partners for its pilot program that will explore emergency management, package delivery and infrastructure inspection. Despite being sidelined for now, Amazon and China's SZ DJI Technology Co Ltd both offered support for the program. DJI's widely used products may play a role in some projects, even if the company does not formally take part. Amazon, which has worked with the FAA on policy as it has tested drone technology around the world, said the fate of its applications was unfortunate, but it was focused on developing safe operations for drones. Uber is working on air-taxi technology and will deliver food by drone in San Diego, California. We need flying burgers, Chief Executive Officer Dara Khosrowshahi joked at a conference. FedEx will use drones to inspect aircraft at its hub in Tennessee, as well as for aircraft parts shipments and some package deliveries between the airport and other Memphis locations, Memphis Airport Authority Chief Executive Scott Brockman told Reuters. General Electric Co is also a partner, he said. The FAA has said regulations are necessary to protect the public and the National Airspace System from bad actors or errant hobbyists. Several incidents around major airports have involved drones getting close to aircraft. Earlier, the agency confirmed it had sent two planned rules to the White House to regulate the increased use of unmanned aerial vehicles. One would allow drones to fly over people while another proposal submitted would allow for remote identification and tracking of unmanned aircraft in flight. After both are formally proposed, it could take months before they are finalized. (Reporting by David Shepardson and Jeffrey Dastin; Additional reporting by Stephen Nellis and Heather Somerville; Editing by Peter Henderson and Lisa Shumaker)

https://www.cnbc.com/2018/05/09/reuters-america-update-4-u-s-drone-program-taps-apple-passes-over-amazon-chinas-dji.html

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HP: Fiscal 2Q Earnings Snapshot

PALO ALTO, Calif. (AP) _ HP Inc. (HPQ) on Tuesday reported fiscal second-quarter profit of $1.06 billion. The Palo Alto, California-based company said it had net income of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 48 cents per share. The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 48 cents per share. The personal computer and printer maker posted revenue of $14 billion in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $13.59 billion. For the current quarter ending in August, HP expects its per-share earnings to range from 49 cents to 52 cents. The company expects full-year earnings in the range of $1.97 to $2.02 per share. HP shares have risen roughly 2 percent since the beginning of the year, while the Standard & Poor's 500 index has risen roughly 1 percent. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on HPQ at https://www.zacks.com/ap/HPQ

https://www.cnbc.com/2018/05/29/the-associated-press-hp-fiscal-2q-earnings-snapshot.html

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US and China clash over 'technology transfer' at the WTO

Chinese and U.S. envoys sparred at the World Trade Organization on Monday over U.S. President Donald Trump's claims that China steals American ideas, the subject of two lawsuits and a White House plan to slap huge punitive tariffs on Chinese goods. U.S. Ambassador Dennis Shea said "forced technology transfer" was often an unwritten rule for companies trying to access China's burgeoning marketplace, especially if they were partnering with a state-owned or state-directed Chinese firm. China's licensing and administrative rules forced foreign firms to share technology if they wanted to do business, while government officials could exploit vague investment rules to impose technology transfer requirements, he said. "This is not the rule of law. In fact, it is Chinas laws themselves that enable this coercion," Shea told the WTO's dispute settlement body, according to a copy of his remarks provided to Reuters. "Fundamentally, China has made the decision to engage in a systematic, state-directed, and non-market pursuit of other (WTO) members cutting-edge technology in service of Chinas industrial policy." It was a lose-lose proposition for foreign investors, he said, and not just Americans. All countries would see their competitiveness eroded if China's policies were left unchecked. China flatly rejected the criticism, which has spawned WTO disputes from both sides and a $50 billion tariff threat from Trump. "There is no forced technology transfer in China," China's Ambassador Zhang Xiangchen told the meeting, adding that the U.S. argument involved a "presumption of guilt." "But the fact is, nothing in these regulatory measures requires technology transfer from foreign companies." The U.S. Trade Representative's office had failed to produce a single piece of evidence, and some of its claims were "pure speculation," he said, adding that the USTR saw Chinese M&A activity as a Chinese government conspiracy. 'Diligence and entrepreneurship' Technology transfer was a normal commercial activity that benefited the United States most of all, he said, while Chinese innovation was driven by "the diligence and entrepreneurship of the Chinese people, investment in education and research, and efforts to improve the protection of intellectual property." Legal experts say Washington needs WTO backing to implement its tariffs as far as they relate to WTO rules, while China has rejected the tariff plan wholesale and resorted to WTO action to stop it. Under WTO rules, if disputes are not settled amicably after 60 days, the complainant can ask for a panel of experts to adjudicate, escalating the dispute and triggering a legal case that takes years to settle. The United States, which launched its complaint on March 23, could have used the dispute meeting on Monday to take that step. China could do so at next month's meeting. But since the dispute erupted, U.S.-China trade policy has been the subject of high-level bilateral talks. Last week Trump tweeted cryptically that "our trade deal with China is moving along nicely" but said it probably needed a "different structure."

https://www.cnbc.com/2018/05/29/us-and-china-clash-over-technology-transfer-at-the-wto.html

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Atherton is the most expensive ZIP code in California

7:55 PM ET Tue, 15 Nov 2016 | 01:13 It's no secret that living in California can be expensive. The average price for a home there is $537,315, compared to a national average of $268,500. But in the most expensive ZIP code in the Golden State, prices can reach more than 10 times that amount. That's according to financial website GOBankingRates, which collected median home values and mortgage data from Zillow, as well as Bureau of Labor Statistics-based cost of living data for 48 states and the District of Columbia, in order to identify the nation's most expensive ZIP codes. And, according to the findings, the most expensive ZIP code in California may not be where you think. While places like San Francisco and San Jose tout average home prices beyond $1,000,000 , the state's most expensive ZIP is actually 94027, or Atherton, where the average home could cost you about $7 million . show chapters 1:24 PM ET Fri, 7 April 2017 | 01:23 "Leave it to the Bay Area to host the most expensive ZIP code in the United States," says GOBankingRates. "Living expenses, such as the cost of groceries and health care, are above-average, but it's the cost of housing that raises the bar." To calculate exactly how much you'd need to earn to live there comfortably, GOBankingRates used the 50-30-20 budget rule : 50 percent of your income would be used to cover necessities, 30 percent is discretionary income and 20 percent is allocated to savings. "Monthly costs were totaled and multiplied by 12 to get the annual dollar cost of necessities in each ZIP code," writes GOBankingRates. "This dollar amount for necessities was then doubled to find the actual annual income needed to live in the location." Zillow Home Value Index for 94027. Data through Mar 31, 2018. Based on that data, here's how much it costs to live comfortably in 94027: Necessities: $334,039 Savings: $133,616 Total income needed: $668,078 With the average home bordering on $7 million, mortgage payments average $26,000 a month or more than $310,000 a year. And prices continue to rise. Home values in Atherton have gone up more than 17 percent over the past year, Zillow notes , and are expected to rise 8 percent more within the next year. If you're looking for a home, experts suggest making sure you're ready to transition from renting . Here are some tips to help you get started.

https://www.cnbc.com/2018/05/10/atherton-is-the-most-expensive-zip-code-in-california.html

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Indian city struggles with 'world's worst air'

Indian city struggles with 'world's worst air' 8:05am EDT - 02:00 In the world's most polluted city, Kanpur in northern India, the biggest hospital is so overcrowded with patients with respiratory ailments that they are often bedded in the ophthalmology ward.Kanpur, home to 3 million people, is followed by 13 other Indian cities in a list of the places with the worst air in the world, according to rankings released this month by the World Health Organisation. In the world's most polluted city, Kanpur in northern India, the biggest hospital is so overcrowded with patients with respiratory ailments that they are often bedded in the ophthalmology ward.Kanpur, home to 3 million people, is followed by 13 other Indian cities in a list of the places with the worst air in the world, according to rankings released this month by the World Health Organisation. //reut.rs/2L3vKB2

https://www.reuters.com/video/2018/05/16/indian-city-struggles-with-worlds-worst?videoId=427368616

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CareTrust REIT: 1Q Earnings Snapshot

SAN CLEMENTE, Calif. (AP) _ CareTrust REIT Inc. (CTRE) on Tuesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations. The San Clemente, California-based real estate investment trust said it had funds from operations of $24.1 million, or 32 cents per share, in the period. The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 31 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $14.6 million, or 19 cents per share. The health care real estate investment trust posted revenue of $38.1 million in the period. CareTrust REIT expects full-year funds from operations in the range of $1.26 to $1.28 per share. The company's shares have declined 16 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.01, a decline of 18 percent in the last 12 months. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on CTRE at https://www.zacks.com/ap/CTRE

https://www.cnbc.com/2018/05/08/the-associated-press-caretrust-reit-1q-earnings-snapshot.html

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Dannon settles lawsuit against executive who left for Chobani

Dannon has settled its lawsuit against a former senior sales executive it accused of stealing confidential business strategies and employee salary data before jumping to yogurt-making rival Chobani. The confidential settlement between Dannon, a unit of France's Danone, and Federico Muyshondt, who oversaw sales in the eastern U.S. and to supermarket chain Kroger , was disclosed in filings on Wednesday with the U.S. District Court in White Plains, New York . Dannon accused Muyshondt, of Mount Kisco, New York, of forwarding or downloading confidential data in the five months before he resigned on Jan. 16, which was four days after he received a "substantial" six-figure bonus. Muyshondt represented that he has not used or shared Dannon's trade secrets and confidential information, and has returned all documents and electronic media that may contain both, one of the filings showed. He also agreed to delete such information from his private email accounts. Dannon and Chobani, known for its Greek yogurt, are major brands in the roughly $8.8 billion U.S. yogurt market. Chobani was not a defendant in the case, whose dismissal was approved by U.S. District Judge Kenneth Karas in White Plains. The case is Dannon Co v Muyshondt, U.S. District Court, Southern District of New York, No. 18-01567 .

https://www.cnbc.com/2018/05/31/dannon-settles-lawsuit-against-executive-who-left-for-chobani.html

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WeissLaw LLP: InnerWorkings, Inc. is the Subject of a Legal Investigation

NEW YORK, WeissLaw LLP, a national class action, shareholder rights law firm with offices in New York, Los Angeles, and Atlanta, announces an investigation of InnerWorkings, Inc. (the "Company" or "INWK") (NASDAQ: INWK). The investigation focuses on possible breaches of fiduciary duty and violations of federal securities laws in connection with the Company's May 7 announcement that it would be postponing the release of its first quarter 2018 financial results due to errors in its historical financial statements. As a result of these errors, the Company stated it will be "restating its financial statements for the years ended December 31, 2017, 2016, and 2015, and all interim periods within those years." WeissLaw is investigating whether INWK's Board breached its fiduciary duties by, among other things, failing to ensure that an effective system of internal controls was maintained over the Company's financial reporting. If you own INWK shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact Joshua Rubin of WeissLaw LLP at (888)593-4771 , or by e-mail at stockinfo@weisslawllp.com . WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/innerworkings-inc/ releases/weisslaw-llp-innerworkings-inc-is-the-subject-of-a-legal-investigation-300654026.html SOURCE WeissLaw LLP

http://www.cnbc.com/2018/05/23/pr-newswire-weisslaw-llp-innerworkings-inc-is-the-subject-of-a-legal-investigation.html

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Scott Cooper, Florida-Based CEO, Says Miami is the New Fashion Capital of the World

MIAMI BEACH, Fla., May 24, 2018 /PRNewswire/ -- Miami Fashion Week is finally here. Kicking off May 30, Miami locals will get a taste of New York, London and Milan with fresh programming, exclusive designer collections and first-time CFDA recognition. Revealing an evolved program positioning Miami Fashion Week as a culturally poignant event boasting new ventures and never-before-seen collections, this glam, week-long extravaganza is set to be the move to the party of the year. According to Scott Cooper, CEO of Scott Cooper Miami Fashion Blog, "Miami is the fashion capital of the world. It hosts the finest luxury boutiques, the best restaurants, the hottest nightclubs and attracts the rich and famous all year-round. And the weather can't be beat. It has simply become the new Riviera." Scott J. Cooper isn't the only one excited about Miami. Major modeling agencies like the William Morris Agency and Elite Model Management attract the most beautiful models from all over the world. They come to Miami to pursue their dreams. Another favorite spot is Scott J. Cooper's Miami's Design District that includes a crop of high-end designer boutiques all located within a few blocks of one another. Maison Martin Margiela, En Avance and Nektar De Satgni are just a few of the high profile shops that have popped up recently. Jason of Scott Cooper Miami, Florida can't stop raving about Art Basel in December and Miami Beach International Fashion Week. And for those that prefer the mall, there are plenty to choose from. Florida-based CEO Scott Cooper recommends the Bal Harbour Shops, Village of Merrick Park and Lincoln Road. There are plenty of deals also if that's why travelers came to Miami Beach. Scott Cooper suggests Barneys CO-OP or the Dolphin Mall, the largest retail value shopping center in Miami. Related Images scott-cooper-miami-fashion.png Scott Cooper Miami Fashion CEO Scott Cooper of Miami, Florida profiles: Fall Fashion Trends, Winter Turtleneck Trends, Spring Fashion Trends and Summer Dresses for Tall Girls. ONLY AT SCOTT COOPER MIAMI! scott-cooper-miami-summer-dresses.jpg Scott Cooper Miami Summer Dresses For Tall Girls Summer Dresses at Affordable Prices. When you are a woman on the taller side, people may assume dressing your frame is a breeze. You're of 'model height,' so everything should only fit like you are on the runway, right? Nope. scott-cooper-miami-fall-fashion.jpg Scott Cooper Miami Fall Fashion Trends Fall Fashion Trends by Scott Cooper Miami. As sad as we are to see summer end, our sartorial hearts belong to fall; It's the season of OTK boots, lush textiles, and undeniable accessories. scott-cooper-miami-winter.jpg Scott Cooper Miami Winter Turtleneck Trends Winter Turtleneck Trends by Scott Cooper Miami. We once thought of turtlenecks as the attire equal of winter boots: an unofficial indication of freezing days to come that, while cozy and functional, we sort of dreaded dragging out of the closet. Related Links Scott Cooper Florida Miami Cooper Scott J Related Video https://vimeo.com/268920934 View original content with multimedia: http://www.prnewswire.com/news-releases/scott-cooper-florida-based-ceo-says-miami-is-the-new-fashion-capital-of-the-world-300654143.html SOURCE Scott Cooper Miami

http://www.cnbc.com/2018/05/24/pr-newswire-scott-cooper-florida-based-ceo-says-miami-is-the-new-fashion-capital-of-the-world.html

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Natixis posts profit rise helped by asset management, insurance

PARIS, May 17 (Reuters) - French investment bank Natixis reported a 15 percent increase in quarterly net income on Thursday, driven by strength in asset management and insurance businesses. Natixis, majority owned by retail banking group BPCE, said net income rose to 323 million euros, which came below market expectations for 360 million euros, according to a Reuters poll. Revenues rose 3 percent over the first quarter to 2.41 billion euros, in line with the poll. The results were its first set since the bank announced top management changes in late April that saw Natixis chief executive Laurent Mignon move to become head of parent BPCE group. Mignon was replaced by former co-head of Natixis corporate and investment bank Francois Riahi, 45, who pledged to pursue the 2020 strategy to grow revenue by five percent annually and return more than 60 percent of its earnings to investors. (Reporting by Maya Nikolaeva and Matthieu Protard; editing by Leigh Thomas)

https://www.reuters.com/article/natixis-results-urgent/natixis-posts-profit-rise-helped-by-asset-management-insurance-idUSP6N1SA004

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US STOCKS-Wall St slides as healthcare drags, oil prices weigh

* Oil rallies as Israel PM says "Iran lied" on nuclear deal * Allergan, Celgene lead healthcare stocks lower * McDonald's jumps as global same-store sales beat estimates * Indexes dip: Dow 0.4 pct, S&P 0.6 pct, Nasdaq 0.6 pct (Updates to late afternoon, changes byline, adds NEW YORK to dateline) NEW YORK, April 30 (Reuters) - Wall Street dipped on Monday afternoon, reversing gains from earlier in the session, as healthcare stocks slid and investors worried about rising costs for companies as oil prices rose. The healthcare sector, which dropped 1.2 percent, weighed most heavily on the S&P 500. Shares of Allergan plc fell 4.8 percent after the company's chief executive said he was opposed to fundamental changes to the drug company's business strategy. Celgene Corp shares fell 3.8 percent. Morgan Stanley said it expects a delay of up to three years for Celgene's key multiple sclerosis drug, ozanimod. Oil prices rallied after Israeli Prime Minister Benjamin Netanyahu said Iran had lied about not pursuing nuclear weapons and had expanded its nuclear weapons knowledge after signing a 2015 deal with global powers. U.S. President Donald Trump has until May 12 to decide whether to restore sanctions on Iran. Oil has risen this month to the highest since late 2014, driven by concerns over potential disruptions to Iranian crude flows. Even as companies' quarterly results have come in strong, their earnings calls have raised concerns that rising commodity prices may pinch profit margins in the future. Some investors suggested that on balance, the strong earnings season has not been enough for U.S. stocks to break out of their recent trading range. "The earnings are priced in," said Robert Phipps, a director at Per Stirling Capital Management in Austin, Texas. "There's not a whole lot of reason to buy. We're stuck in the mud right now." The Dow Jones Industrial Average fell 91.88 points, or 0.38 percent, to 24,219.31, the S&P 500 lost 16.39 points, or 0.61 percent, to 2,653.52 and the Nasdaq Composite dropped 41.54 points, or 0.58 percent, to 7,078.26. The energy index, up 0.1 percent, was the only sector within the S&P 500 in positive territory. Earlier in the session, U.S. stocks were helped as data on U.S. income and spending kept broader inflation worries in check. U.S. personal income rose 0.3 percent in March, compared with expectations of 0.4 percent. On the consumption side, personal spending in February was revised lower to 0.3 percent, instead of the previously reported 0.4 percent. McDonald's Corp shares jumped 5.0 percent after the world's biggest fast-food chain by revenue topped analysts' forecasts for profit and sales. Shares of T-Mobile US Inc and Sprint Corp sank on worries that the two companies' $26 billion merger would face regulatory challenges. Sprint shares tumbled 14.5 percent, and T-Mobile shares dropped 6.2 percent. Arconic Inc shares fell 20.2 percent after the aluminum products maker slashed its 2018 forecasts. Declining issues outnumbered advancing ones on the NYSE by a 1.56-to-1 ratio; on Nasdaq, a 1.84-to-1 ratio favored decliners. The S&P 500 posted 22 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 49 new highs and 36 new lows. (Additional reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta and Jonathan Oatis)

https://www.cnbc.com/2018/04/30/reuters-america-us-stocks-wall-st-slides-as-healthcare-drags-oil-prices-weigh.html

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Spain sells 4.5 billion euros of debt at bond sale

MADRID (Reuters) - Spain sold 4.5 billion euros ($5.4 billion) of debt on Thursday at a four-bond auction with yields mixed as investors watch monthly euro zone preliminary inflation data while the European Central Bank plans to roll back its stimulus scheme. The Treasury had aimed to sell between 500 million and 1 billion euros of an inflation-linked bond due 2021, and between 3.5 billion and 4.5 billion euros in three other bonds due 2021, 2028 and 2066. The inflation-linked bond sold 690 million euros at an average yield of -1.578 percent and a bid-to-cover, a measure of demand, of 2.7. That compared to a yield of -1.183 percent while the bid-to-cover was unchanged from when the bond last sold in December. The January, 2021 bond sold 1.4 billion euros at an average yield of -0.145 percent after -0.232 percent when it last sold in April. The bond was 2.7 times subscribed compared to 3.1 previously. The benchmark 2028 bond sold 1.3 billion euros at an average yield of 1.288 percent after 1.235 previously mid-April. The bid-to-cover was 2.0 after 1.3 last month. The longest-dated 2066 bond sold 1.1 billion euros at a yield of 2.664 percent and a bid-to-cover of 2.1. The bond last sold in November at a yield of 3.192 percent and with demand outstripping supply by 1.5 times. ($1 = 0.8339 euros) Reporting by Paul Day; Editing by Isla Binnie Our

https://www.reuters.com/article/us-spain-bonds/spain-sells-4-5-billion-euros-of-debt-at-bond-sale-idUSKBN1I40TR

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Monster Beverage: 1Q Earnings Snapshot

CORONA, Calif. (AP) _ Monster Beverage Corp. (MNST) on Tuesday reported first-quarter profit of $216.1 million. The Corona, California-based company said it had profit of 38 cents per share. Earnings, adjusted for non-recurring costs, came to 39 cents per share. The results matched Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 39 cents per share. The energy drink maker posted revenue of $850.9 million in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $859.8 million. Monster Beverage shares have declined 16 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. In the final minutes of trading on Tuesday, shares hit $53.08, a climb of 9.5 percent in the last 12 months. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on MNST at https://www.zacks.com/ap/MNST

https://www.cnbc.com/2018/05/08/the-associated-press-monster-beverage-1q-earnings-snapshot.html

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CurveBeam Announces FDA 510(k) Clearance for LineUP Weight Bearing Multi-Extremity CT System

WARRINGTON, Pa., May 14, 2018 /PRNewswire/ -- CurveBeam announced it has received FDA 510(k) clearance for its LineUP Multi-extremity weight bearing CT system. The compact system enables radiologists and orthopedic specialists to visualize three-dimensional bone detail of the lower extremities while the patient is standing, so anatomy can be assessed while in the "weight bearing" or "load bearing" position. The LineUP can perform bilateral scans of entire legs, from below the heel to above the knee. Accessories permit scanning of the hand, wrist and elbow as well. "CurveBeam continues to elevate the standard of care for orthopedic extremity imaging, and introduction of the LineUP device is another solid step upwards," CurveBeam President & CEO Arun Singh said. "The LineUP is best-in-class for field of view dimensions and image quality. Coupled with CurveBeam's exemplary customer support & service, the LineUP is poised to revolutionize orthopedic care." The LineUP system can be plugged into a standard wall outlet and has minimal shielding requirements. Radiation dose to the patient is also significantly less than a conventional CT scan. Weight bearing CT imaging for body extremities became commercially available in 2012. Since then, lower extremity specialists and musculoskeletal radiologists have published numerous peer-reviewed journal articles on the value of three-dimensional weight bearing views for conditions ranging from complex hindfoot misalignment to a routine bunion deformity. Published research also suggests three-dimensional weight bearing views of the knees could be instrumental in early detection of osteoarthritis. Traditional CT and MR images are acquired in a non-weight bearing position, leading to "missed diagnoses of meniscal damage," according to Dr. Neil Segal, MD, MS, who has been overseeing research efforts using a LineUP prototype, first at the University of Iowa and currently at the University of Kansas. Although plain radiographs can be acquired while the patient is in a full weight-bearing position, the optimal degree of knee flexion and X-Ray beam angulation to best visualize the joint surface is person specific. "Difficulty in reproducing the same view of the joint over time impairs ability to detect joint disease, and the 2D nature of radiographs makes these images of overlapping bony anatomy very insensitive for detecting abnormalities until there is advanced joint damage," Dr. Segal said. CurveBeam introduced the pedCAT system, which permits bilateral weight bearing scans of the feet and ankles in 2012. Since then, the device has been added to the imaging services of numerous hospital foot & ankle sections, orthopedic clinics and podiatry offices worldwide. CurveBeam's InReach system for hand, wrist and elbow received FDA clearance in 2017. Specialists extol the ability to confirm a scaphoid fracture diagnosis or distal radius fracture diagnosis at the point-of-care. CurveBeam designs and manufactures Cone Beam CT imaging equipment for the orthopedic and podiatric specialties. CurveBeam was founded in 2009 and is privately owned and operated. CurveBeam's corporate office is located in Warrington, Pennsylvania, USA. View original content with multimedia: http://www.prnewswire.com/news-releases/curvebeam-announces-fda-510k-clearance-for-lineup-weight-bearing-multi-extremity-ct-system-300647372.html SOURCE CurveBeam

http://www.cnbc.com/2018/05/14/pr-newswire-curvebeam-announces-fda-510k-clearance-for-lineup-weight-bearing-multi-extremity-ct-system.html

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Sun Basket adds diabetes-friendly meal kits to its menu

CNBC.com Source: Sun Basket Sun Basket's new Diabetes-Friendly meal plan includes dishes like Salmon Cakes with Celery Salad and Tahini Goddess Dressing. To grow its meal kit business, Sun Basket is targeting diabetics with meals designed to meet their nutritional needs. Meal kit users are notorious for ditching their subscriptions within six months of starting them and either jumping to another brand or returning to their old grocery habits. However, customers who adhere to a specific diet, whether it's paleo, vegetarian or gluten-free, tend to have more loyalty to these brands. Sun Basket told CNBC it has created recipes with the help of the American Diabetes Association that are high in fiber and low in sugar and sodium, to better assist diabetics manage their blood glucose levels without sacrificing flavor. "We want to help people in the United States, where there is really a significant population where eating healthy and cooking healthy can help," CEO Adam Zbar told CNBC. " Thirty million people in the United States have diabetes , Type 1 and Type 2, and over 100 million people are at risk for diabetes." Meals that are part of Sun Basket's diabetes-friendly plan are all under 700 calories, Zbar said. "Individualized nutrition is the cornerstone of diabetes management," Dr. William Cefalu, chief scientific, medical and mission officer of the American Diabetes Association, said in a statement. Recipes in this meal plan include items like salmon cakes with celery salad and Manhattan-style cod chowder with potatoes and fennel. These new diabetes-friendly meals are available on Sun Basket's site for no extra cost. "The old thinking is that there is a diabetes-specific diet and that's actually kind of false," Sun Basket nutritionist Kaley Todd told CNBC. "You can follow a variety of different eating plans as long as it follows a certain criteria that will help manage your disease. ... It's taking the diet out of diet, it's making it more of a lifestyle change." This is Sun Basket's second foray into meals for people with chronic health problems. In October, the company launched its American Heart Association certified Lean & Clean menu, recipes that are under 500 calories, low in sodium and cut out ingredients like bacon, butter, confections, whipped toppings and oils. Sun Basket is looking into creating a number of health-conscious meal plans that target other medical needs. Zbar said recipes that target autoimmune disorders, reduce inflammation and ease irritable bowel issues are being considered. While other meal kit companies have taken to heavily discounting their products to lure in new diners or rewarding current members for turning their friends onto the program, Sun Basket has been more focused on the diversity of its offerings. Sun Basket customers who adhere to these diets have higher retention rates than those who don't and have twice the long-term value for the company, Zbar said.

https://www.cnbc.com/2018/05/17/sun-basket-adds-diabetes-friendly-meal-kits-to-its-menu.html

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Tervita Corporation Announces Pricing of an Offering of Senior Secured Notes by Tervita 2018 Escrow Corporation

CALGARY, May 24, 2018 /PRNewswire/ - Tervita Corporation ("Tervita") announced today that Tervita 2018 Escrow Corporation (the "Escrow Issuer") has priced an offering (the "Offering") of US$250 million aggregate principal amount of 7.625% senior secured notes due 2021 (the "Notes"). The Notes were issued at 100.5% and will bear interest at an annual rate of 7.625%, payable semi-annually on June 1 and December 1 of each year, commencing December 1, 2018. The Notes have a maturity date of December 1, 2021. The offering is expected to close on June 1, 2018. The Escrow Issuer is a wholly owned subsidiary of Tervita that was formed for purposes of completing the Offering. The Offering is being made in connection with the previously announced plan of arrangement (the "Arrangement") pursuant to which Tervita will, among other things, acquire all of the issued and outstanding shares of Newalta Corporation ("Newalta") and amalgamate with Newalta (such amalgamated entity, "Amalco"). The net proceeds of the Offering are intended to be used, together with Tervita's cash balances and availability under its revolving credit facility, to (i) fund the refinancing of Newalta's existing debt in connection with the consummation of the Arrangement and (ii) pay transaction fees and expenses in connection with the Arrangement and the related transactions. However, this Offering is scheduled to close prior to the completion of the Arrangement. Therefore, the net proceeds of the Offering will be held in escrow until the satisfaction of specified conditions precedent, including the satisfaction or waiver of all conditions precedent to the consummation of the Arrangement. If the escrow release conditions are satisfied on or prior to September 30, 2018, then the net proceeds from the Offering will be released from escrow. As a step in the Arrangement, following the amalgamation of Tervita and Newalta, the Escrow Issuer will be wound-up into Amalco. In connection with such winding up, the Notes will be automatically exchanged, without any action on the part of the holders of Notes, for a like principal amount of additional notes issued by Amalco under the indenture governing Tervita's existing 7.625% Senior Secured Notes due 2021 (the "Secured Notes"), under which Tervita previously issued US$360.0 million aggregate principal amount of Secured Notes, and the Notes will be deemed to be cancelled. The Arrangement is currently anticipated to close in the second or third quarter of 2018. The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and are being offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to certain non U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. In addition, the securities mentioned herein have not been and will not be qualified for distribution by prospectus under Canadian securities laws and are being offered and sold in the United States, Canada and other countries only pursuant to an exemption from the prospectus requirements of Canadian securities laws. This press release does not constitute an offer to sell or purchase, or a solicitation of an offer to sell or purchase, or the solicitation of tenders or consents with respect to any security. No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, or sale would be unlawful. Reader Advisory Regarding Forward-Looking Statements This press release contains certain "forward-looking statements" or "forward-looking information" (collectively referred to herein as "forward-looking statements") under applicable securities laws. Such forward-looking statements include, without limitation, our future plans and expectations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Tervita. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or are events or conditions that "will", "would", "may", "could" or "should" occur or be achieved. This press release contains forward-looking statements, pertaining to, among other things, our expectations regarding: the proposed Offering, the Escrow Issuer's plans to conduct the proposed Offering, Tervita's plans to assume the obligations under the Notes, the intended use of proceeds in respect of the Offering, the timing for completion of the Arrangement, our ability to successfully effect the foregoing, that the Notes will not be registered under the Securities Act, that the offering is an exempt distribution not requiring a prospectus and the jurisdictions where offers, solicitations, purchases or sales will occur. These statements are subject to all of the risks and uncertainties that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These risks include, but are not limited to, general economic conditions, commodity price volatility, currency fluctuations, changes in legislation, risks relating to the Arrangement (including risks associated with securing certain regulatory and court approvals necessary to consummate the Arrangement) and certain other known and unknown risks. Although Tervita believes that the material factors, expectations and assumptions expressed in such forward-looking statements are reasonable based on information available to it on the date such statements were made, no assurances can be given. Actual results may differ materially from what was expressed or implied in the forward-looking statements and readers should not place undue importance or reliance on the forward-looking statements. Statements including forward-looking statements are made as of the date they are given and, except as required by applicable laws, Tervita disclaims any intention or obligation to publically update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. View original content: http://www.prnewswire.com/news-releases/tervita-corporation-announces-pricing-of-an-offering-of-senior-secured-notes-by-tervita-2018-escrow-corporation-300654635.html SOURCE Tervita Corporation

http://www.cnbc.com/2018/05/24/pr-newswire-tervita-corporation-announces-pricing-of-an-offering-of-senior-secured-notes-by-tervita-2018-escrow-corporation.html

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UK Stocks-Factors to watch on May 25

May 25 (Reuters) - Britain's FTSE 100 index is seen opening up 48 points at 7,765 on Friday, according to financial bookmakers. * SHELL: A British judge ruled on Thursday that Nigeria's Bodo community, which has been involved in a protracted legal battle with Shell over the clean-up of two 2008 oil spills, should retain the option of litigation for another year. * VEDANTA RESOURCES: India's Tamil Nadu state said on Thursday that it was seeking a permanent closure of a big copper smelter run by London-listed Vedanta Resources after 13 people died in protests demanding the closure of the plant on environmental grounds. * SHELL: An auction of oil by the Brazilian government from coveted offshore pre-salt fields has only attracted the interest of one bidder, Royal Dutch Shell Plc. * VODAFONE: The Indian government has allowed the merged entity of Vodafone India Ltd and Idea Cellular Ltd to clear dues related to spectrum charges and licence fees, a departure from the telecom department's earlier stand that the merger will be approved subject to the payment of all dues, the Mint newspaper said. bit.ly/2IJuO7p * The UK blue chip index closed down 0.92 percent at 7,716.74 on Thursday, as global markets took a hit when Trump announced he had called off the June 12 summit "based on the tremendous anger and open hostility" from Pyongyang. * For more on the factors affecting European stocks, please click on: cpurl://apps.cp./cms/?pageId=livemarkets * UK CORPORATE DIARY: Pennon Group FY18 Spectris Plc Q118 SSE FY18 TODAY'S UK PAPERS > Financial Times > Other business headlines Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * For Top News : topnews.reuters.com (Reporting by Sangameswaran S in Bengaluru)

https://www.reuters.com/article/britain-stocks-factors/uk-stocks-factors-to-watch-on-may-25-idUSL3N1SW29Z

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BitSight to Move Global Headquarters to Boston's Back Bay

CAMBRIDGE, Mass., May 16, 2018 /PRNewswire/ -- BitSight, the Standard in Security Ratings, today announced plans to relocate its headquarters to 111 Huntington Avenue, which is part of the Prudential Center complex located in Boston's Back Bay. The new location provides BitSight with the ideal environment to keep pace with its tremendous business, customer and employee growth. Plans for the move are expected to take place toward the end of this year. "The Metro Boston region is widely recognized as a hub for driving technology innovation and producing top technology talent," said Tom Turner, President and CEO of BitSight. "We're excited to move deeper into the Boston tech community, contribute to its innovative spirit and provide our employees with an exceptional work experience. The location of the property and the area's surrounding amenities will not only help us retain and attract top local talent, but will encourage collaboration between employees, customers and partners, furthering our leadership position." BitSight pioneered the security ratings market in 2011, as the first company to offer a security ratings product. Organizations worldwide use BitSight's proven Security Ratings technology on a daily basis to make integral risk and business decisions. With over 1,000 customers and the largest ecosystem of users and information, BitSight is the most widely used Security Ratings Service. The new headquarters will elevate BitSight's presence in Boston. BitSight will occupy a two-floor, 48,000 square-foot space in Back Bay's Prudential Center complex at 111 Huntington Avenue owned by Boston Properties, doubling the company's current office space in Cambridge, which was expanded earlier this year. "We're thrilled to welcome BitSight to 111 Huntington at Prudential Center," stated Bryan Koop, Executive Vice President, Boston Region, for Boston Properties. "In moving to the heart of the Back Bay's growing tech community, BitSight's employees, customers and partners will have easy access to transportation, unique restaurants, a dynamic environment and the best of Boston's cultural offerings." BitSight was represented by Ron Friedman and Eric Smith of CBRE/New England throughout the transaction; Robert Caulfield and Sherry Niazmand of Visnick & Caulfield are leading the architecture and interior design efforts for the new space; Boston Properties is the landlord for 111 Huntington Avenue; Nicole Riley of Goodwin served as external counsel for the company. "We greatly appreciate the work of our partners at Boston Properties, Visnick and Caulfield and CBRE/New England for assisting us in finding an outstanding location for our continued growth and success," said Brian Cohen, CFO of BitSight. About BitSight Founded in 2011, BitSight transforms how organizations manage information security risk. The BitSight Security Ratings Platform applies sophisticated algorithms, producing daily security ratings that range from 250 to 900, to help manage third party risk, underwrite cyber insurance policies, benchmark performance, conduct M&A due diligence and assess aggregate risk. Organizations worldwide, including seven of the top 10 cyber insurers, 20% of Fortune 500 companies, and 3 of the top 5 investment banks use BitSight's proven Security Ratings technology on a daily basis to make integral risk and business decisions. With over 1,000 customers and the largest ecosystem of users and information, BitSight is the most widely used Security Ratings Service. For more information, please visit www.bitsighttech.com , read our blog or follow @BitSight on Twitter. View original content with multimedia: http://www.prnewswire.com/news-releases/bitsight-to-move-global-headquarters-to-bostons-back-bay-300649201.html SOURCE BitSight Technologies

http://www.cnbc.com/2018/05/16/pr-newswire-bitsight-to-move-global-headquarters-to-bostons-back-bay.html

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UPS Board Announces Quarterly Dividend

ATLANTA, The UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.91 per share on all outstanding Class A and Class B shares. The dividend is payable June 6, 2018 to shareowners of record on May 21, 2018. UPS has a long history of rewarding shareowners with generous cash dividends. The company, known for successive annual dividend increases, has paid either stock or cash dividends every year since 1955 and has more than quadrupled its dividend since it went public at the end of 1999. About UPS UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com . To get UPS news direct, follow @UPS_News on Twitter. Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations (including tax laws and regulations), our competitive environment, changes in the fact or assumptions underlying our health and pension benefit funding obligations, negotiation and ratification of labor contracts, strikes, work stoppages and slowdowns, changes in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company's Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference. Glenn Zaccara, Public Relations 404-828-4663 Scott Childress, Investor Relations 404-828-7957 Source: UPS

http://www.cnbc.com/2018/05/10/globe-newswire-ups-board-announces-quarterly-dividend.html

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UPDATE 6-Oil edges up as Israel sets announcement on Iran deal

* Netanyahu to make announcement regarding Iran deal * U.S. rig count rises to 825, highest since March 2015 * Marathon to buy rival Andeavor, creating biggest U.S. refining company (New throughout, updates prices, market activity and comments; new byline, changes dateline, previous LONDON) NEW YORK, April 30 (Reuters) - Oil rose slightly on Monday, bouncing off early losses after Israeli Prime Minister Benjamin Netanyahu said he would make an announcement later in the day about the nuclear deal with Iran. Brent crude futures were up 31 cents at $74.95 a barrel by 12:17 p.m. EDT (1617 GMT). U.S. West Texas Intermediate (WTI) futures were up 23 cents on the day at $68.33 a barrel. Earlier in the session, both benchmarks had been down about 1 percent. "We started off pretty deep in red, as a function of the conversations between Macron and Rouhani over the weekend... They were determined to find a middle ground," said Bob Yawger, director of energy futures at Mizuho, of the meetings between the French and Iranian presidents. "But if the U.S. is not part of the deal, then there really is no deal," Yawger said. Netanyahu will make a televized announcement at 1:00 p.m. EDT (1700 GMT) in what his office said would be a "significant development" regarding the nuclear agreement with Iran. U.S. President Donald Trump has until May 12 to decide whether to restore sanctions on Iran that were lifted after a 2015 international agreement over its nuclear program. Oil prices have risen this month to their highest since late 2014, driven by concern over potential disruptions to Iranian crude flows, but analysts said the market is extremely sensitive to any developments on the nuclear deal and sanctions due to the high degree of uncertainty. "Until May 12, you're not going to see any significant downward correction," PVM Oil Associates strategist Tamas Varga said. "Reimposing U.S. sanctions is not a foregone conclusion just yet." U.S. drillers added five oil rigs in the week to April 27, bringing the total count to 825, the highest since March 2015, General Electric's Baker Hughes energy services firm said. Crude production in the United States has hit a record 10.59 million barrels per day. <C-OUT-T-EIA> And in the latest development in the U.S. shale boom, Marathon Petroleum Corp agreed to buy rival Andeavor for more than $23 billion. The largest-ever tie-up between U.S. refiners will give the combined company a nationwide presence and increased access to growing export markets. The deal gives Marathon more exposure to U.S. shale, thanks to Andeavor's existing logistics and terminal operations in Texas and North Dakota shale regions. (Additional reporting by Amanda Cooper in LONDON, Koustav Samanta in SINGAPORE; Editing by Jane Merriman, Mark Potter and David Gregorio)

https://www.cnbc.com/2018/04/30/reuters-america-update-6-oil-edges-up-as-israel-sets-announcement-on-iran-deal.html

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US Department of Justice says it will pursue investigations related to Malaysia's 1MDB

Taxes Malaysia's embattled former leader Najib questioned by anti-corruption agency To investigate 1MDB, the new government on Monday set up a task force made up of members of the anti-graft agency, police and the central bank, to liaise with "enforcement agencies in the United States, Switzerland, Singapore, Canada and other related countries." The U.S Department of Justice said on Tuesday it would continue to pursue investigations into 1MDB and looked forward to working with Malaysian law enforcement authorities. Published 9 Hours Ago Reuters Chris Jung | NurPhoto | Getty Images Malaysian activists hold message posters during arrest ' Malaysia Officials 1' rally near the independent square on August 27, 2016 in Kuala Lumpur, Malaysia. Embattled former Prime Minister Najib Razak arrived at the headquarters of Malaysia's anti-corruption commission on Tuesday, which has ordered him to explain a suspicious transfer of $10.6 million into his bank account. The sum is just a fraction of billions of dollars allegedly siphoned from state fund 1MDB, a scandal that dogged the last three years of Najib's near-decade-long rule and was one of the main reasons why voters dumped him in an election on May 9. That shock election result upended Malaysia's political order, as it was the first defeat for a coalition that had governed the Southeast Asian nation since its independence from colonial rule in 1957. Malaysia's new leader, Mahathir Mohamad, who at the age of 92 came out of political retirement and joined the opposition to topple his former protege, has reopened investigations into 1Malaysia Development Berhad (1MDB) and has vowed to recover money that disappeared from the fund. Since losing power, Najib and his allegedly shopaholic wife, Rosmah Mansor, have suffered a series of humiliations, starting with a ban on them leaving the country, and then police searching their home and other properties. Flanked by security guards, Najib entered the Malaysian Anti-Corruption Commission (MACC) headquarters in Kuala Lumpur on Tuesday, moving slowly through a throng of journalists outside the building. Wearing an open-neck shirt, Najib looked relaxed and smiled once he entered the building's atrium. US says to pursue 1MDB probe Najib has consistently denied any wrongdoing since the 1MDB scandal erupted in 2015, but he replaced an attorney-general and several MACC officers to shut down an initial investigation. Najib has said $681 million of funds deposited in his personal bank account were a donation from a Saudi royal, rebutting reports that the funds came from 1MDB. The initial focus of the MACC's new probe is on how 42 million ringgit ($10.6 million) went from SRC International to Najib's account. SRC was created in 2011 by Najib's government to pursue overseas investments in energy resources, and was a unit of 1MDB until it was moved to the finance ministry in 2012. MACC has been able to track the money trail from SRC more easily because transactions were made through Malaysian entities, whereas most other transfers of 1MDB funds went through foreign banks and companies. To investigate 1MDB, the new government on Monday set up a task force made up of members of the anti-graft agency, police and the central bank, to liaise with "enforcement agencies in the United States, Switzerland, Singapore, Canada and other related countries". The U.S Department of Justice said on Tuesday it would continue to pursue investigations into 1MDB and looked forward to working with Malaysian law enforcement authorities. "The Department of Justice is committed to ensuring that the United States and its financial system are not threatened by corrupt individuals and kleptocrats who seek to hide their ill-gotten wealth," a DoJ spokesperson said in an email statement to Reuters. "Whenever possible, recovered assets will be used to benefit the people harmed by these acts of corruption and abuse of office," the statement added. The U.S. filed forfeiture complaints in 2016 and 2017 seeking to recover over $1.7 billion in assets traceable to funds allegedly misappropriated from 1MDB. These complaints alleged that more than $4.5 billion was diverted from 1MDB and laundered through a web of shell companies and bank accounts located in the United States and elsewhere. WATCH: What happened to Malaysia's 1MDB money? show chapters

https://www.cnbc.com/2018/05/21/us-department-of-justice-says-it-will-pursue-investigations-related-to-malaysias-1mdb.html

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Top crypto exchange Coinbase prepares for a monster increase in trading

The leading U.S. marketplace for cryptocurrencies has been quietly preparing for a monster increase in trading volume. In a response to New York Attorney General Eric Schneiderman's ongoing inquiry into exchanges, the private company disclosed some key company data. Coinbase said it has doubled the size of its full-time engineering staff and has overhauled much of the the platform's code. "These efforts and others have resulted in a 1000% increase in our surge, transaction capacity relative to Q3 of 2017," Coinbase said in a public version of the letter published this week. "We expect to again double this capacity in coming months, all while maintaining the highest standard of security expected by our customers." The company's COO, Asiff Hirji, said serious demand for cryptocurrency and its core technology blockchain made that effort necessary. "More people are starting to realize that this is foundational and you have the best and brightest in crypto running to build applications," Hirji told CNBC. "If you believe that, It's not surprising to see ever increasing volumes and record transactions." Coinbase is also gearing up for more institutional money to enter the market, Hirji said, pointing to a New York Times report Thursday that Goldman Sachs is looking to start a bitcoin trading desk. In the letter, Coinbase said it has traded $150 billion in assets on the platform and it has received more than $225 million in funding. Personnel numbers were also disclosed, and the company has hired more than 300 full-time employees. When contractors are factored in, the company has 1,000 people working for Coinbase. Nearly 20 percent work in compliance, the company said. The company scaled quickly to keep up with demand last year as cryptocurrency trading skyrocketed. Bitcoin, the largest cryptocurrency by market capitalization, rose 1,300 percent last year, nearing a high of $20,000 in December. As the company grew, some customers took to sites like Redddit to complain about site outages and customer support. Coinbase improved the amount of time the platform is fully functional, and operating smoothly known as "uptime." "We are proud to have delivered 99.97% uptime to users of the platform in the period January 1 to present, and 99.99% uptime in the month of April," Coinbase said. Coinbase reportedly valued itself at about $8 billion when it made an offer in a recent acquisition for Earn.com. The internal estimate is much higher than its last preferred valuation of $1.6 billion, Recode reported. Coinbase declined to comment on its valuation.

https://www.cnbc.com/2018/05/04/coinbase-prepares-for-a-monster-increase-in-trading.html

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UPDATE 1-U.S. fund investors hike stock exposure by most since March -Lipper

(Adds details on mutual funds and ETFs, analyst Quote: ) By Trevor Hunnicutt and Lewis Krauskopf NEW YORK, May 17 (Reuters) - U.S. fund investors returned to equity markets in force during the latest week, pouncing on economic confidence in their home market, Lipper data showed on Thursday. Investors injected $10.1 billion into stocks as U.S. companies still seeing the benefits of a lower corporate tax rate continue to coast to higher profits. Healthcare stocks leapt on optimism that U.S. regulations on drug pricing could be tamer than feared. Domestic stock funds pulled in $9.1 billion, the most since March, while their international-focused counterparts pulled in about a tenth of that amount, according to the research service, whose data covers mutual funds and exchange-traded funds (ETFs) based in the United States for the seven days through May 16. "It is a positive sign for how investors are feeling about the markets right now," said Pat Keon, senior research analyst for Thomson Reuters' Lipper unit. Relatively strong economic conditions compared to other countries have helped push U.S. bond yields and the dollar higher. Those factors could still conspire to tighten financial conditions dramatically, but have not done so yet. That is good news for domestic stock funds that faced three straight months of withdrawals, threatened by the prospect of higher inflation and what was once a more bullish view on growth prospects outside the United States. The Russell 2000 index of smaller U.S. companies - less exposed than large companies to the negative effects of a stronger dollar and rising oil prices - closed at a record high on Thursday. NEW LEASE ON LIFE FOR HEALTH STOCKS Investors plowed $819 million into healthcare and biotech funds during the week, the most since July 2017, as U.S. President Donald Trump released his plan to lower drug prices. In a speech last Friday, Trump blasted drugmakers and healthcare "middlemen" for making prescription medicines unaffordable for Americans, but his administration avoided aggressive direct measures to cut prices. Analysts and investors have debated whether the speech and proposals would be a "clearing event" that paves the way for increased investor interest in the sector, which has underperformed in 2018. U.S.-based healthcare funds are on pace for their third straight year of withdrawals. Investors could still grow wary of the sector, with lingering concerns about healthcare becoming a major campaign issue as November's U.S. Congressional elections approach. The following is a breakdown of the flows for the week, including mutual funds and ETFs: Sector Flow Chg % Assets Assets Count ($blns) ($blns) All Equity Funds 10.084 0.14 7,296.570 12,290 Domestic Equities 9.109 0.18 5,008.483 8,761 Non-Domestic Equities 0.976 0.04 2,288.086 3,529 All Taxable Bond Funds 2.629 0.10 2,763.157 6,072 All Money Market Funds 13.616 0.51 2,691.745 1,042 All Municipal Bond Funds 0.207 0.05 404.104 1,454 (Reporting by Trevor Hunnicutt and Lewis Krauskopf Editing by Tom Brown and Chris Reese)

https://www.reuters.com/article/investment-mutualfunds-lipper/update-1-u-s-fund-investors-hike-stock-exposure-by-most-since-march-lipper-idUSL2N1SO2BQ

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UPDATE 1-FCC investigating reports website flaw exposed mobile phone locations

locations@ (Adds LocationSmart, AT&T, Verizon reaction, background, New York Times report) WASHINGTON, May 18 (Reuters) - The U.S. Federal Communications Commission said on Friday it was referring reports that a website flaw could have allowed the location of mobile phone customers to be tracked to its enforcement bureau to investigate. A security researcher said earlier this week that California-based LocationSmart data could have been used to track AT&T Inc, Verizon Communications Inc, Sprint Corp and T-Mobile US consumers without consent within a few hundred yards of their location. Senator Ron Wyden, a Democrat, on Friday urged the FCC to investigate, saying on Twitter a "hacker could have used this site to know when you were in your house so they would know when to rob it. A predator could have tracked your childs cell phone to know when they were alone." Researcher Robert Xiao at Carnegie Mellon said a flaw in a demo tool from LocationSmart could have been used to track anyone. LocationSmart spokeswoman Brenda Schafer said Friday the vulnerability "has been resolved and the demo has been disabled." Prior to Xiao's efforts that included locating up to two dozen users, Schafer said the company believes no one else exploited the vulnerability. The company is committed to "continuous improvement of its information privacy and security measures," she said. Last week, the New York Times reported that the former sheriff of Mississippi County, Missouri used Securus Technologies to track mobile phones, including those of other officers, without court orders, citing charges filed against him. Several published reports suggested Securus is getting its data through an intermediary of LocationSmart. Verizon spokesman Rich Young said Friday the company has "taken steps to ensure that Securus can no longer access location information about Verizon Wireless customers." He added the company has "initiated a review of this entire issue." AT&T spokesman Mike Balmoris said the company does not "permit sharing of location information without customer consent or a demand from law enforcement. If we learn that a vendor does not adhere to our policy we will take appropriate action." Sprint, Securus and T-Mobile did not immediately comment. Wyden said last week that Securus, a major provider of correctional-facility telephone services, is purchasing real-time location information from carriers and providing information "via a self-service web portal for nothing more than the legal equivalent of a pinky promise." Wyden wrote all four major mobile carriers, saying the practice "exposes millions of Americans to potential abuse and unchecked surveillance by the government." (Reporting by David Shepardson Editing by Chizu Nomiyama)

https://www.cnbc.com/2018/05/18/reuters-america-update-1-fcc-investigating-reports-website-flaw-exposed-mobile-phone-locations.html

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Sandstorm Gold to Release 2018 First Quarter Results on May 9

VANCOUVER, May 4, 2018 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (NYSE American: SAND, TSX: SSL) will release its 2018 first quarter results on Wednesday, May 9, 2018 after markets close. A conference call will be held on Thursday, May 10, 2018 starting at 8:30am PDT to further discuss the first quarter results. To participate in the conference call, use the following dial-in numbers and conference ID, or join the webcast using the link below: Local/International: (+1) 416 764 8688 North American Toll-Free: (+1) 888 390 0546 Conference ID: 09308101 Webcast URL: https://bit.ly/2I4H555 ABOUT SANDSTORM GOLD Sandstorm Gold Ltd. is a gold royalty company. Sandstorm provides upfront financing to gold mining companies that are looking for capital, and in return, receives the right to a percentage of the gold produced from the mine, for the life of the mine. Sandstorm has acquired a portfolio of 179 royalties, of which 20 of the underlying mines are producing. Sandstorm continues to grow and diversify its low cost production profile through the acquisition of additional gold royalties. For more information visit: www.sandstormgold.com View original content: http://www.prnewswire.com/news-releases/sandstorm-gold-to-release-2018-first-quarter-results-on-may-9-300642952.html SOURCE Sandstorm Gold Ltd.

http://www.cnbc.com/2018/05/04/pr-newswire-sandstorm-gold-to-release-2018-first-quarter-results-on-may-9.html

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Spanish Broadcasting System Appoints New Vice President Of National And Network Sales

MIAMI, May 22, 2018 /PRNewswire/ -- Spanish Broadcasting System, Inc. (the "Company" or "SBS") (OTCQB: SBSAA), the largest Spanish-language media and entertainment company in the United States, announced today the appointment of David Bailin as Vice President, National and Network Sales. Bailin, a leading sales veteran in the media industry, will be responsible for revenue generating sales strategies, expanding business development initiatives and creating 360 multimedia platforms for SBS' national and network division AIRE Radio Networks. Based out of the SBS New York office, Bailin will also collaborate with SBS' digital platform, LaMusica, with its respective sales and business development efforts. "David Bailin is a dynamic sales executive who has a proven track record of success and a deep knowledge of our diverse marketplace, said Elisa Torres, EVP, SBS National and Aire Radio Networks. "We are excited to have him join our team and deliver innovative media solutions that are designed to super-serve our clients and Hispanic consumers." Most recently, Bailin, was Senior Vice President, National Sales for Entravision Communications, where he oversaw network and national spot duties in the New York office. Bailin, a graduate of the University of Michigan, has over 20 years of media sales experience and has held similar roles for various media companies. "I'm thrilled to join the SBS national and network sales team," said Bailin. "The opportunity to build on the success of a renowned company that has so many iconic media brands across multiple consumer touchpoints is what excites me the most. I'm looking forward to working with the team on creating competitive and engaging platforms for our clients and audience." About Spanish Broadcasting System, Inc. Spanish Broadcasting System, Inc. owns and operates 17 radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Spanish Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Latin Rhythmic format genres. SBS also operates AIRE Radio Networks, a national radio platform which creates, distributes and markets leading Spanish-language radio programming to over 250 affiliated stations reaching 94% of the U.S. Hispanic audience. SBS also owns MegaTV, a television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico. SBS also produces live concerts and events and owns multiple bilingual websites, including LA Musica, a mobile app providing content related to Latin music, entertainment, news and culture. For more information, visit us online at www.spanishbroadcasting.com . View original content: http://www.prnewswire.com/news-releases/spanish-broadcasting-system-appoints-new-vice-president-of-national-and-network-sales-300652969.html SOURCE Spanish Broadcasting System, Inc. (SBS)

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Israel Corp. Reports Results for First Quarter of 2018

TEL AVIV, Israel, May 24, 2018 /PRNewswire/ -- Israel Corporation Ltd. (TASE: ILCO) ("IC") today announced its first quarter for the period ending March 31, 2018. Selected Financial Figures for the First Quarter of 2018: $m Q1/18 Q1/17 ICL 441 33 Bazan 25 8 Amortization of excess cost (3) (4) Financing, G&A and other expenses at IC headquarter level (27) (23) Loss from re-measurement to fair value of collar[1] options (5) (6) Tax expenses of IC headquarters 1 (1) Net Profit to company's shareholders 432 7 On March 22, 2018, IC announced a cash dividend to shareholders amounting to $120 million. The record date was April 8, 2018 and the payment date was April 23, 2018. Debt Balances and Liquidity at the IC Headquarters Level As of March 31, 2018, total financial liabilities were $1,908 million, and investments in liquid assets amounted to $848 million. Net debt as of March 31, 2018 totaled $991 million. The net debt includes the impact of the fair value of the collar transaction, which decrease the economic value of the financial liabilities in the amount of $38 million. The net debt also includes the fair value of derivatives transactions, which decrease the economic value of the financial liabilities in the amount of $31 million. As of December 31, 2017, the net debt was $1,246m. The ICL related collar loan balance was $115 million and $128 million as of March 31, 2018 and December 31, 2017 respectively. IC Total Assets, Net $m 31/03/2018 Assets ICL (~587m shares[2], market value, as of 29/3/18) 2,470 Bazan (~1,058m shares , market value, as of 29/3/18) 488 Total Public Assets 2,958 IC's Net Debt[3] 914 Total Assets, net 2,044 About Israel Corporation Israel Corporation Ltd. (TASE: ILCO) ("IC") is a holding company providing focused exposure to well positioned mature assets in the natural resources industry through its c.46% shareholding in Israel Chemicals (NYSE: ICL, TASE: ICL) and its c.33% shareholding in the Bazan Group (TASE: ORL) (also known as Oil Refineries). IC is publicly traded on the Tel Aviv Stock Exchange under the ticker ILCO and is a TA-35 index constituent. IC is rated ilA/Stable by Standard & Poor's Maalot. For further information on IC, see IC's publicly available filings which can be found on the Tel Aviv Stock Exchange website at http://maya.tase.co.il . Please also see IC company website http://www.israelcorp.com for additional information. Convenience Translation The financial information found in this press release is an English summary based on the original Hebrew financial statements and is solely for the convenience of the reader. The binding version is the original in Hebrew. Forward Looking Statements This press release may contain forward-looking statements which may not materialize and are subject to risks and uncertainties that are not under the control of IC, which may cause actual results to differ materially from those contained in the disclosures. [1] During September 2014, IC entered into a financial transaction in relation to 36.2 million shares of ICL. Under its framework, IC will receive protection from a decrease in the price of ICL shares below an average price, which is set at a level of 90% of the US public offering price of ICL, and the counterparties will benefit from an increase in the share price of ICL shares above an average price, which is set at a level of 130% of the US public offering price of ICL. [2] c.46% on a voting rights basis and c.47.4% on an issued share capital basis, as of March 31, 2018. [3] Excluding loan and options related to the Collar transaction in an net amount of $77m as of March 31, 2018 Investor Relations Contacts Idan Hizki Director, Business Development & Investor Relations Tel: +972 3 684 4500 idanh@israelcorp.com View original content: http://www.prnewswire.com/news-releases/israel-corp-reports-results-for-first-quarter-of-2018-300654608.html SOURCE Israel Corp.

http://www.cnbc.com/2018/05/24/pr-newswire-israel-corp-reports-results-for-first-quarter-of-2018.html

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Trina Solar completes acquisition of Nclave

CHANGZHOU, China, May 21, 2018 /PRNewswire/ -- Trina Solar Limited ("Trina Solar" or the "Company") announced that it has successfully closed the acquisition of Spain-based Nclave Renewable S.L. ("Nclave"), the world's leading solar tracker system manufacturer. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar's strategic transformation from a leading PV product supplier to a global smart PV solution provider. The acquisition also marks another solid step towards Trina Solar's strategic transformation into an enterprise focused on the development of alternative and renewable energy solutions that work in concert with the Internet of Things ecosystem. With the acquisition, Trina Solar's latest TrinaPro smart PV solutions will directly incorporate Nclave's tracker products and engineering designs, while Nclave's leading-edge technologies will also be deeply integrated into Trina Solar's smart solutions. Nclave was founded by the Clavijo Family and integrated the company MFV in 2017 together with the participation of the fund Q-Growth . Nclave has over 12 years of experience in renewable energy sources, having provided more than 2.5 GW worldwide. It currently has its headquarters in Madrid (Spain), commercial offices in five continents and manufacturing facilities in Navarra (Spain). Nclave is a leading company in the development, design, manufacturing, installation and maintenance of fixed structures and photovoltaic solar trackers, including dimensioning and implementing of all foundation solutions. Nclave offers the widest range of products in the market (fixed structures and single and multi row trackers with any configuration), being adaptable to all kinds of project through solutions with minimum investment cost; as well as operation and maintenance. Its design for core parts and structures have received multiple international patents. About Trina Solar Limited Founded in 1997, Trina Solar is one of the first Chinese solar companies listed on the New York Stock Exchange. As of the end of 2017, Trina Solar's total module shipments had exceeded 32GW, ranking first in the world. Trina Solar has recently developed TrinaPro, a proprietary utility-scale smart PV solution for large power stations as well as commercial and residential solutions, energy storage systems and photovoltaic modules. As the world's leading provider of integrated solar energy solutions, Trina Solar has taken the lead in evolving into a brand in the world of energy IoT (internet of things) and is committed to becoming a global leader in this new and emerging sector. View original content: http://www.prnewswire.com/news-releases/trina-solar-completes-acquisition-of-nclave-300651626.html SOURCE Trina Solar Limited

http://www.cnbc.com/2018/05/21/pr-newswire-trina-solar-completes-acquisition-of-nclave.html

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Sageworks, one of the country's first Fintech companies, is acquired by Accel-KKR

MENLO PARK, Calif., May 18, 2018 /PRNewswire/ -- Today, Accel-KKR and Sageworks announced the purchase of Sageworks by AKKR, a private equity firm based in Menlo Park, California. The amount of the transaction was not disclosed. Sageworks is the leading provider of financial software and information products to U.S. financial institutions. Its first flagship product, ProfitCents, brought to market in 1998 and based on a proprietary artificial intelligence system, was originally designed to convert financial numbers into plain language to help business owners understand their financial statements. Since its inception, Sageworks further broadened its offerings into financial institutions through lending, credit risk and portfolio risk software products. Its technologies are used by more than 1,200 U.S. banks and credit unions, and its financial analysis solutions are used by thousands of accounting professionals in the U.S. and abroad. To date, the company has generated millions of analytical reports aimed at making finance easier to understand and at helping people make better decisions. Brian Hamilton, founder of Sageworks, stated, "We are pleased with the purchase by Accel-KKR, a leading firm that has vast experience in our specific industry. The purchase will allow Sageworks to have an even bigger footprint in the financial industry and to help more people, which is what we are all about." According to Park Durrett, managing director at Accel-KKR, "Companies like Sageworks are essential partners to financial services institutions that are both under pressure to grow but also comply with a constantly changing regulatory environment. We are excited about the opportunity to work with the Sageworks team to continue to innovate and deliver increasing value to its customer base." About Sageworks Sageworks is a financial information company that provides lending, credit risk and portfolio risk solutions to financial institutions and provides financial analysis and valuation applications to accounting firms and private companies. Visit www.sageworks.com to learn more. About AKKR Accel-KKR is a technology-focused investment firm with $4.3 billion in capital commitments. The firm focuses on software and IT-enabled businesses well-positioned for topline and bottom-line growth. At the core of Accel-KKR's investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value through significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. Accel-KKR is headquartered in Menlo Park with additional offices in Atlanta and London. For more information, please visit www.accel-kkr.com . Media Contact Media Relations / Email: research@sageworks.com / Phone: (984) 242-2590 / Twitter: @Sageworks View original content: http://www.prnewswire.com/news-releases/sageworks-one-of-the-countrys-first-fintech-companies-is-acquired-by-accel-kkr-300651040.html SOURCE Sageworks

http://www.cnbc.com/2018/05/18/pr-newswire-sageworks-one-of-the-countrys-first-fintech-companies-is-acquired-by-accel-kkr.html

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Adeptus Partners, LLC Promotes Three Key Professionals to Partner Status

OCEAN, N.J., May 23, 2018 /PRNewswire/ -- Adeptus Partners, LLC , a solutions-based public accounting firm serving individuals and businesses for over three decades, has just made three major promotional announcements. Neil Berger, Anthony Giorgio, and Brian Murphy, three of the company's most seasoned professionals, will soon assume responsibility of Partners. Serving clients in New York City, New Jersey, Long Island and Maryland, Adeptus is a highly preferred name in the accounting industry. Over the years, many of the firm's Partners and professional staff members have held important offices and committee positions in local and national organizations. They have a track record of hiring and providing excellent growth opportunities to industry specialists and are excited to welcome these employees into their expanded roles. An expert in assisting clients through consultation, business and tax planning, and audits, Neil Berger came to Adeptus from Metro Metro & Associates. He brought with him energy and enthusiasm that he has continued to use as a key member of Adeptus. Throughout his tenure, he has performed audits, reviews, and compilations of for-profit and non-profit organizations and has frequently been recognized for his achievements. Neil is an extremely popular figure amongst clients and staff because of his customer-centric nature and out-going personality. With a wealth of experience and industry knowledge, he is now set to continue his prolific career at Adeptus as a Partner. Anthony Giorgio brings over twenty years of experience and has a thorough understanding of many different industries. His background offers clients a wealth of knowledge in tax, accounting and consulting services. He has an overall understanding of how to improve customer satisfaction and his ability to motivate his team has led to his continued success. Prior to joining Adeptus, Anthony was a Partner at Metro Metro for almost ten years. He will now handle the same role at Adeptus, alongside Neil Berger in the Maryland office. Brian Murphy's primary areas of expertise include manufacturers, distributors, broker-dealers and most for-profit and not-for-profit entities. He joined Adeptus in 2013 as a Senior Manager and has been a leader in the firm's audit department ever since. During his tenure at Adeptus, Brian has continued to play a key role, both professionally and personally, winning over current clients with his business acumen and providing leadership to others. He has implemented protocols which have improved audit efficiency and has proved to be a committed company advocate. Before joining Adeptus, Brian worked as the Director of Finance and Administration for a privately held medical device manufacturing company. He will now hold the designation of a Junior Partner at Adeptus. "The capacity and contributions made by Neil, Anthony, and Brian have been invaluable and each of them personifies the many wonderful traits of our company," said Howard Krant, the Managing & Founding Partner of Adeptus. "Their out of the box thinking and vision will continue enhancing our strategic direction, growth, and profitability at Adeptus." Neil Berger, Anthony Giorgio, and Brian Murphy have displayed extraordinary leadership qualities over their long tenure in the organization and are expected to take charge of their new roles with immediate effect and the same vigour as they always have. About Adeptus: Adeptus Partners, LLC is a solutions-based certified public accounting firm located in NYC, NJ, LI, and MD. For over 30 years, the firm has serviced individuals and businesses on both a national and international level. Through their collaborative problem-solving approach, Adeptus helps clients make sense of their financial situations. Their experienced professionals stay informed of today's ever-changing tax and business regulatory laws and assist clients in applying these complex rules to their business and personal affairs. Media Contact: Cindy Wronko Phone: 732-595-3110 Email: 195767@email4pr.com URL: https://adeptuscpas.com View original content with multimedia: http://www.prnewswire.com/news-releases/adeptus-partners-llc-promotes-three-key-professionals-to-partner-status-300653335.html SOURCE Adeptus Partners, LLC

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Grid operator asks US Gulf Coast utilities to expect hot weather

May 10, 2018 / 4:54 PM / Updated an hour ago Grid operator asks US Gulf Coast utilities to expect hot weather Reuters Staff 2 Min Read May 10 (Reuters) - The operator of the U.S. Midwest electric grid on Thursday told power companies in its Gulf Coast region to suspend all transmission and generation maintenance from May 14-16 when hot weather is expected to boost air conditioning demand: * The Midcontinent Independent System Operator Inc, or MISO, said it issued the request because temperatures in the region are expected to reach the low 90s Fahrenheit (33 Celsius) during that time and cited an unusual amount of forced generation outages. * The Gulf Coast or MISO South region includes utilities in parts of Arkansas, Louisiana, Mississippi and Texas. The biggest utilities operating in that area are units of Entergy Corp . * MISO said the grid has enough power reserves to meet peak demand during the summer air conditioning seasons. * The MISO grid covers parts of 15 U.S. states from Montana and Minnesota south to Louisiana and Texas, and the Canadian province of Manitoba. * Some of the biggest energy companies in the MISO region, include units of Entergy, Ameren Corp, Duke Energy Corp , CMS Energy Corp, DTE Energy Co, Xcel Energy Inc and WEC Energy Group Inc. Reporting by Scott DiSavino; Editing by Richard Chang

https://www.reuters.com/article/miso-power-midwest/grid-operator-asks-us-gulf-coast-utilities-to-expect-hot-weather-idUSL1N1SH1IN

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'To produce oil one needs pipes': Russian pipemaker TMK looks to oil's rise for growth

SPIEF: Russian elite gathers in St Petersburg 'To produce oil one needs pipes': Russian pipemaker TMK looks to oil's rise for growth Higher oil prices and higher U.S. production w ill help Russian pipemaker TMK but "the oil price is not everything," the head of strategy said. TMK is Russia's largest maker of steel pipes for the oil and gas industry. It has the world's largest steel pipe production capacity and its pipe shipments totaled 3.78 million tonnes in 2018. Published 9 Hours Ago CNBC.com Oil prices are rising and higher U.S. production can only be beneficial to us, the head of strategy at Russian pipemaker TMK told CNBC Thursday. "The sector we're in is very dynamic now with the oil price at $70-plus for WTI (West Texas Intermediate), we're seeing very strong drilling activity and the U.S. does not produce all the products it needs so that (means) a lot of imports," Vladimir Shmatovich said at St. Petersburg International Economic Forum (SPIEF) . TMK's head of strategy said higher oil prices and higher U.S. production would help the pipemaker, which makes tubular products for the global oil and gas industry, but he conceded that "the oil price is not everything." "Some companies have a bigger cushion (to protect against fluctuating oil prices) but some of them are on a very thin edge and when the oil price moves they can be in very big trouble. But our business is different and related to manufacturing as opposed to pure services, so there are higher barriers to entry," he said. "I'm not going to say that it (business) doesn't depend on oil prices, because it does ... But to produce oil one needs pipes." TMK is Russia's largest maker of steel pipes for the oil and gas industry. It has the world's largest steel pipe production capacity and its pipe shipments totaled 3.78 million tons in 2018. It employs 42,000 employees around the world, exports to 80 countries and has 27 production sites around the world, 12 of which are in the U.S. and Canada where its TMK IPSCO subsidiary is located. Its American division has 2,000 employees and 1,390 kilo tons of pipe making capacity. Revenue in its American division was $994 million in 2017, on sales of 670,000 tons of product . Still, being a Russian company operating in America with diplomatic and economic relations between the two superpowers at a low ebb can't be easy. International sanctions, first imposed in 2014 for Russia's annexation of Crimea and its perceived role in a pro-Russian uprising in eastern Ukraine, have hit the country's banks, energy and arms sector by preventing them from being able to access funding in U.S. dollars. The sanctions have also restricted the Russian energy sector's access to technology needed for oil and gas exploration. Shmatovich said his company had not experienced any problems, however. "Political rhetoric doesn't make it easy, however we feel quite comfortable and we tend to be quite local. In the U.S. we are in eight states, and we are part of local communities and we have very good relationships with our American counterparts so we don't really feel it there much." The interconnected nature of the industry could do with a calmer and more "benign" business climate, he added.

https://www.cnbc.com/2018/05/24/to-produce-oil-one-needs-pipes-russian-pipemaker-tmk-looks-to-oils-rise-for-growth.html

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AZZ Inc. to Review Third Quarter, Fourth Quarter, and Full Fiscal Year 2018 Financial Results on Tuesday, May 15, 2018

FORT WORTH, Texas, AZZ Inc. (NYSE: AZZ), a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services, will conduct a conference call to review the financial results for the third quarter, fourth quarter, and full fiscal year 2018 at 11:00 a.m. ET on Tuesday, May 15, 2018. The Company will file its Quarterly Report on Form 10-Q for the third quarter and its Annual Report on Form 10-K for fiscal year 2018, and will issue a press release reporting fourth quarter and full fiscal year 2018 financial results before the market open on May 15, 2018. The Company also expects to issue fiscal year 2019 guidance in conjunction with its fiscal year 2018 filings on May 15, 2018. Conference Call Details Interested parties can access the conference call by dialing (844) 855-9499 or (412) 317-5497 (international). The call will be webcast via the Internet at http://www.azz.com/investor-relations . A replay of the call will be available for three days at (877) 344-7529 or (412) 317-0088 (international), confirmation # 10120333, or for 30 days at http://www.azz.com/investor-relations . About AZZ Inc. AZZ Inc. is a global provider of metal coating services, welding solutions, specialty electrical equipment and highly engineered services to the markets of power generation, transmission, distribution and industrial in protecting metal and electrical systems used to build and enhance the world's infrastructure. AZZ Metal Coatings is a leading provider of metal finishing solutions for corrosion protection, including hot dip galvanizing to the North American steel fabrication industry. AZZ Energy is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy markets worldwide. Safe Harbor Statement Certain statements herein about our expectations of future events or results constitute forward looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as, "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. This release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand and response to products and services offered by AZZ, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the hot dip galvanizing markets; prices and raw material cost, including zinc and natural gas which are used in the hot dip galvanizing process; changes in the political stability and economic conditions of the various markets that AZZ serves, foreign and domestic, customer requested delays of shipments, acquisition opportunities, currency exchange rates, adequacy of financing, and availability of experienced management and employees to implement AZZ's growth strategy. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2017 and other filings with the SEC, available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov . You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise. Contact: Paul Fehlman, Chief Financial Officer AZZ Inc. (817) 810-0095 Internet: www.azz.com Lytham Partners (602) 889-9700 Joe Dorame, Robert Blum or Joe Diaz Internet: www.lythampartners.com View original content with multimedia: releases/azz-inc-to-review-third-quarter-fourth-quarter-and-full-fiscal-year-2018-financial-results-on-tuesday-may-15-2018-300646793.html SOURCE AZZ Inc.

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Kirby Corporation Signs Agreement To Purchase Pressure Barges From Targa Resources Corp

HOUSTON, May 3, 2018 /PRNewswire/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced the signing of an agreement to acquire Targa Resources Corp's ("Targa") (NYSE: TRGP) inland marine tank barge business for approximately $69.3 million in cash. The purchase will be financed through additional borrowings. Targa's inland marine tank barge fleet consists of 16 pressure barges that have a total capacity of approximately 258,000 barrels, many of which are under long-term multi-year contracts. The closing of the acquisition is expected to occur near the end of the second quarter and is subject to customary closing conditions. David Grzebinski, Kirby's President and Chief Executive Officer, commented, "Targa's inland pressure barges are an excellent addition to Kirby's fleet. With the ongoing petrochemical build-out progressing along the U.S. Gulf Coast, these incremental barges will give Kirby additional capacity to meet our customers' growing needs for the movement of pressurized cargos such as liquefied petroleum gas and certain ethylene plant coproducts. We expect to incur some costs in the near term; however, these barges will be approximately $0.02 per share accretive in 2018." Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts, and in Alaska and Hawaii. Kirby transports petrochemicals, black oil, refined petroleum products and agricultural chemicals by tank barge. In addition, Kirby participates in the transportation of dry-bulk commodities in United States coastwise trade. Through the distribution and services segment, Kirby provides after-market service and parts for engines, transmissions, reduction gears, and related equipment used in oilfield services, marine, power generation, on-highway, and other industrial applications. Kirby also rents equipment including generators, forklifts, pumps, and compressors for use in a variety of industrial markets, and manufactures and remanufactures oilfield service equipment, including pressure pumping units, for land-based oilfield service customers. Statements contained in this press release with respect to the future are . These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could those anticipated as a result of various factors, including cyclical or other downturns in demand, significant pricing competition, unanticipated additions to industry capacity, changes in the Jones Act or in U.S. maritime policy and practice, fuel costs, interest rates, weather conditions and timing, magnitude and number of acquisitions made by Kirby. Forward-looking statements are based on currently available information and Kirby assumes no obligation to update any such statements. A list of additional risk factors can be found in Kirby's annual report on Form 10-K for the year ended December 31, 2017. View original content: http://www.prnewswire.com/news-releases/kirby-corporation-signs-agreement-to-purchase-pressure-barges-from-targa-resources-corp-300641736.html SOURCE Kirby Corporation

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Exxon pulls offshore workers; Shell, Chevron cut output due to Alberto

May 27, 2018 / 6:07 PM / in 41 minutes Exxon pulls offshore workers; Shell, Chevron cut output due to Alberto Reuters Staff 2 Min Read HOUSTON (Reuters) - Exxon Mobil Corp evacuated non-essential workers from the Lena production platform in the Gulf of Mexico ahead of Subtropical Storm Alberto, the company said on Sunday. Royal Dutch Shell Plc and Chevron Corp shut production on platforms in the eastern Gulf of Mexico due to Alberto and evacuated workers from those sites, the companies said. The U.S. National Hurricane Center said Alberto was transitioning to a tropical cyclone as its circulation became more focused around a central core located 135 miles (220 km) west of Tampa, Florida, with 50 mile per hour winds (85 kph). The storm was expected to make landfall on Monday morning in the Florida panhandle. Chevron shut production at its Blind Faith and Petronius platforms in the eastern Gulf. The Blind Faith platform is located in the Mississippi Canyon region of the northern Gulf of Mexico. The Petronius platform is in the Viosca Knoll area of the Gulf. Shell shut its Ram Powell Hub, which is also in the Viosca Knoll area, on Friday. Shell has shut the production platform at the Appomattox Hub it is developing in Norphlet in the eastern Gulf. Appomattox has not yet begun production, but the platform recently arrived on the site. Exxon said production in the Gulf was unaffected by the evacuations and the company transferred control of its offhsore operations in Mobile Bay, Alabama, to an onshore control room. The Gulf of Mexico is home to 17 percent of daily U.S. crude output and five percent of natural gas output, according to the U.S. Energy Information Administration. More than 45 percent of the U.S. refining capacity and 51 percent of natural gas processing capacity is located along the Gulf. Reporting by Erwin Seba; Editing by Lisa Shumaker and Frances Kerry

https://www.reuters.com/article/us-storm-alberto-oil-shutdown/exxon-pulls-offshore-workers-shell-chevron-cut-output-due-to-alberto-idUSKCN1IS0P4

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Micro Focus (MFGP) Investigated for Securities Fraud; Block & Leviton Encourages Investors (Including Those Who Obtained Their Shares In The September 2017 Merger With HPE) To Contact The Firm

BOSTON, May 23, 2018 /PRNewswire/ -- Block & Leviton LLP ( www.blockesq.com ), a securities litigation firm representing investors nationwide, is investigating Micro Focus International plc ("Micro Focus" or the "Company") (NYSE: MFGP) and certain of its officers and directors, in connection with its merger with Hewlett Packard Enterprise Company (NYSE: HPE), for potential violations of the federal securities laws. Shareholders who either a) acquired Micro Focus ADSs on September 1, 2017 pursuant the HPE merger or b) purchased Micro Focus ADSs between September 1, 2017 and March 19, 2018 are encouraged to contact the firm. Block & Leviton is investigating whether Micro Focus and its executives made false and/or misleading statements related to the HPE merger. On March 19, 2018 Micro CEO of only six and half months resigned abrubtly, following the publication of negative revenue guidance. On this news, the Company's stock plunged nearly 50%. If you acquired MFGP ADS securities as part of the HPE merger on September 1, 2017, or purchased MFGP ADSs between September 1, 2017 and March 19, 2018, and have questions about your legal rights, you are encouraged to contact Attorney John DeFelice at (888) 868-2385, by email at john@blockesq.com or by visiting http://www.shareholder.law/microfocus . Confidentiality to whistleblowers or others with information relevant to this investigation is assured. Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nations' largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients. This notice may constitute attorney advertising. CONTACT: BLOCK & LEVITON LLP John DeFelice (617) 398-5600 phone 155 Federal Street, Suite 400 Boston, MA 02110 john@blockesq.com View original content: http://www.prnewswire.com/news-releases/micro-focus-mfgp-investigated-for-securities-fraud-block--leviton-encourages-investors-including-those-who-obtained-their-shares-in-the-september-2017-merger-with-hpe-to-contact-the-firm-300653551.html SOURCE Block & Leviton LLP

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MoneyOnMobile Rights Offering Ownership Day Wednesday May 9th

DALLAS and MUMBAI, India, May 8, 2018 /PRNewswire/ -- MoneyOnMobile, Inc. (OTCQB: MOMTD) announced it has filed a Form S-1 registration statement, and subsequent first amendment, file number 333-223935 with the Securities and Exchange Commission ("SEC") for its public offering. This rights offering will allow its shareholders as of the Ownership Day of Wednesday May 9, 2018 by 4:00 PM ET, the opportunity to increase their respective ownership in the company. Under the proposed rights offering, MoneyOnMobile will distribute to its shareholders of record non-transferable subscription rights to purchase one share of MoneyOnMobile common stock for each share of common stock or common stock issuable upon conversion of preferred stock held as of the Ownership Day date. Holders who fully exercise their basic subscription privilege will be entitled to purchase additional shares of common stock via the over-subscription privilege (should any of the offering remain unsubscribed at the expiration of the subscription period). Holders will receive one non-tradable, non-transferable subscription right for every one share of common stock owned on the record date. All preferred stock holders will receive one non-tradable non-transferable subscription right for every one share of common stock that would be owned upon full conversion of the preferred stock (on an as converted basis) as if they had converted as of the record date. Finalized calendar for 2018 rights offering: Wednesday, May 9 Ownership Day, must be a shareholder at the market close of 4:00 PM ET Thursday, May 10 Ex-Right Day (MOMT trades ex-dividend) Friday, May 11 Record Date Tuesday, May 15 Subscription Period Begins Wednesday, June 6 Subscription Period Ends by 5:00 PM ET Details of the rights offering will be set out in the registration statement on Form S-1, as amended, filed with the SEC, which is available on the SEC's website at: https://www.sec.gov/cgi-bin/browse-edgar?company=moneyonmobile&owner=exclude&action=getcompany MoneyOnMobile intends to use the net proceeds from the rights offering to provide working capital to expand growth in India and for general corporate purposes. MoneyOnMobile has engaged Advisory Group Equity Services, Ltd. doing business as RHK Capital as Dealer-Manager in the offering, Mackenzie Partners, Inc. as Information Agent and Securities Transfer Corporation as Subscription Agent. Questions about the rights offering or requests for copies of the prospectus, when available, may be directed to Mackenzie Partners at (800)322-2885 or rightsoffer@mackenziepartners.com About MoneyOnMobile, Inc. MoneyOnMobile, Inc. is an India focused mobile payments technology and processing company offering mobile payment services. MoneyOnMobile enables Indian consumers to use mobile phones to pay for goods and services or transfer funds from one cell phone to another. It can be used as simple SMS text functionality or through the MoneyOnMobile application or internet site. MoneyOnMobile has more than 350,000 retail locations throughout India. Safe Harbor Statement This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on July 6, 2017. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise. Web site: www.MoneyOnMobile.in Twitter: https://twitter.com/MoneyOnMobile Facebook: https://www.facebook.com/MoneyOnMobile.Official/ LinkedIn: https://www.linkedin.com/company/moneyonmobile YouTube: https://www.youtube.com/c/MoneyOnMobileofficial Media Contact (Global): Greg Allbright Head of Global Communications Dallas, Texas +1 (214) 208-0923 gallbright@moneyonmobile.in Investor Relations: Integra Consulting Group, LLC Jeremy G. Roe, Founder, Managing Partner +1 (925) 262-8305 jeremy@integracg.net View original content with multimedia: http://www.prnewswire.com/news-releases/moneyonmobile-rights-offering-ownership-day-wednesday-may-9th-300644160.html SOURCE MoneyOnMobile

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Axon Announces Proposed Public Offering of Common Stock

SCOTTSDALE, Ariz., Axon (Nasdaq: AAXN), the global leader in connected law enforcement technologies, today announced that it has commenced a proposed public offering of shares of its common stock, which includes 4,000,000 shares offered by Axon and 300,000 shares offered by its Chief Executive Officer and Founder, Patrick W. Smith. The underwriters have a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. Axon intends to use the net proceeds from this offering for working capital and other general corporate purposes. Axon will not receive any proceeds from the sale of the shares of common stock by Mr. Smith. J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the final size or terms of the offering. The shares are being offered by Axon and Mr. Smith pursuant to a shelf registration statement filed with the Securities and Exchange Commission (SEC) and only by means of a prospectus and prospectus supplement. A preliminary prospectus supplement relating to, and describing the terms of, the offering will be filed with the SEC and will be available on the SEC's website at www.sec.gov . When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may also be obtained by contacting J.P. Morgan Securities LLC at c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (866) 803-9204; and Morgan Stanley & Co. LLC at Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. About Axon Axon provides a network of devices, apps, and people that helps law enforcement become smarter and safer. Our mission is to protect life. Our technologies give law enforcement the confidence, focus, and time they need to keep their communities safe. Our products impact every aspect of an officer's day-to-day experience. Cautionary Statement Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, those relating to Axon's expectations regarding the completion, timing, and size of the public offering, and its expectations with respect to granting the underwriters a 30-day option to purchase additional shares. Any forward-looking statements in this press release are based on management's current expectations and beliefs of future events, and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those sets forth in or implied by such forward-looking statements. These risks and uncertainties related to completion of the proposed public offering on the anticipated terms, or at all, include, but are not limited to, market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause Axon's actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in Axon's most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the SEC, as well as discussions of potential risks, uncertainties, and other important factors in Axon's other filings with the SEC, including those contained or incorporated by reference in the preliminary prospectus supplement relating to the proposed public offering to be filed with the SEC. All information in this press release is as of the date of the release, and Axon undertakes no duty to update this information unless required by law. Investor Contact Andrea James IR@axon.com with multimedia: releases/axon-announces-proposed-public-offering-of-common-stock-300648034.html SOURCE Axon

http://www.cnbc.com/2018/05/14/pr-newswire-axon-announces-proposed-public-offering-of-common-stock.html

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Bertram Capital Completes Sale of Clarus

SAN MATEO, Calif., May 17, 2018 /PRNewswire/ -- Bertram Capital ("Bertram") today announced it has completed the sale of Clarus ("Clarus" or the "Company") to The Riverside Company, a global private equity firm. This represents Bertram's ninth exit since the firm's inception in 2006. Bertram Capital first invested in Clarus in March 2015 and quickly deployed its value creation strategy, the Bertram High 5 SM . During Bertram's three-plus years of ownership, Clarus tripled in revenue, bolstered its leadership team, invested in a dedicated R&D department, hired new vertical managers for end market expansion and more than doubled its production capacity. "The Bertram Industrial Team, led by Kevin Yamashita, Tim Heston and Ray Kataria, successfully executed our differentiated value creation strategy to build a market leader in the new and growing writable glassboard market," said Jeff Drazan, Managing Partner. "By combining the vision of the Company's founders, the hard work of our management team, and the addition of Cosmo Santullo, who initially served as a Board member and then most recently as the Company's CEO, we succeeded in rapidly expanding an under-developed market and creating a path for significant future growth." Founded in 2009, Clarus is the largest and fastest growing designer and producer of glass visual display solutions in North America. The Company pioneered the product category, which includes glass writeable surfaces, with its unique channel development strategy, differentiated, vertically-integrated manufacturing capability and innovative product offering. "With the closing of the Clarus transaction, we mark the completion of a successful partnership with an exceptional management team and category-defining company," said Kevin Yamashita, Partner at Bertram Capital and investment lead for Clarus. "Through the addition of key management and sales and operational resources to the Company's core team, we helped build on what was already a premier operating platform to create an undisputed market leader. Our Bertram Labs' team worked closely with management to implement a new ERP system and design new marketing tools. The combined efforts of the Clarus team and Bertram Capital solidified the Company's market presence and significantly accelerated profitable growth in the business. We would like to recognize the team of John Tye and Tripp Griffin at Piper Jaffray, whose experience and leadership selling high growth, high margin companies was invaluable to achieving a successful outcome." "We are very fortunate to have had the opportunity to partner with the Bertram Capital team," said Cosmo Santullo, CEO of Clarus. "Under Bertram Capital's leadership, the Company's Board of Directors provided us with the guidance and resources to build the leading player in glass visual display systems for multiple end verticals." Lisa Hedrick and Andrew Lohmann of Hirschler Fleischer provided transaction support as the legal counsel for Bertram. About Clarus Clarus is the leader in glassboards and glass visual display systems for offices, healthcare environments, educational institutions and other commercial spaces with a wide range of glassboard and architectural glass products. Clarus are made in the USA, eco-friendly and will last the life of your wall. Visit www.clarusglassboards.com for more information. About Bertram Capital With over $1.4 billion in committed capital, Bertram Capital is a private equity firm targeting investments in lower middle market companies. By supplying flexible investment capital and committing a wealth of operational and strategic resources to each investment, we make it our core objective to move companies, management teams and employees toward unlocking their full potential. Visit www.bertramcapital.com for more information. View original content with multimedia: http://www.prnewswire.com/news-releases/bertram-capital-completes-sale-of-clarus-300650118.html SOURCE Bertram Capital

http://www.cnbc.com/2018/05/17/pr-newswire-bertram-capital-completes-sale-of-clarus.html

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CANADA FX DEBT-C$ hits 1-month low as greenback broadly climbs

* Canadian dollar at C$1.2912, or 77.45 U.S. cents * Loonie is on track to fall 0.7 percent for the week * Bond prices higher across the yield curve TORONTO, May 4 (Reuters) - The Canadian dollar weakened to a one-month low against a broadly firmer greenback on Friday as investors weighed U.S. jobs data and trade discussions between top officials from China and the United States. The U.S. dollar climbed against a basket of major currencies despite a smaller-than-expected rise in U.S. jobs for the month of April. Officials from China and the United States reached a consensus on some aspects of the countries' trade row, but disagreements over other issues remain "relatively big," China said. Canada's commodity-linked economy could be hurt if the trade spat between the two economic giants slows global growth. At 9:25 a.m. EDT (1325 GMT), the Canadian dollar was trading 0.4 percent lower at C$1.2912 to the greenback, or 77.45 U.S. cents. The currency touched its weakest level since April 3 at C$1.2917. For the week, the loonie was on track to fall 0.7 percent. Losses for the loonie on Friday came after data the day before showed that Canada's trade deficit had widened to a record in March. The price of oil, one of Canada's major exports, stayed below recent highs as global supplies remained tight and the market awaited news from Washington on possible new U.S. sanctions against Iran. U.S. crude prices were up 0.06 percent at $68.47 a barrel. Canadian government bond prices were higher across the yield curve in sympathy with U.S. Treasuries. The two-year rose 2.5 Canadian cents to yield 1.897 percent and the 10-year gained 22 Canadian cents to yield 2.300 percent. (Reporting by Fergal Smith; Editing by Bernadette Baum)

https://www.reuters.com/article/canada-forex/canada-fx-debt-c-hits-1-month-low-as-greenback-broadly-climbs-idUSL1N1SB0P1

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Brook & Whittle Appoints Mark Pollard Chief Executive Officer

NORTH BRANFORD, Conn., May 24, 2018 /PRNewswire/ -- Brook & Whittle, a portfolio company of Snow Phipps Group and provider of prime labels in pressure sensitive and shrink sleeve formats to consumer and medical end markets, today announced the appointment of Mark Pollard as Chief Executive Officer. Pollard succeeds Snow Phipps Group Operating Partner Don Sturdivant, who will remain Non-Executive Chairman. "After a thorough and deliberate selection process, the Board of Directors is delighted that Mark will lead Brook & Whittle as we navigate the growing and evolving label landscape," said Mr. Sturdivant. "Mark is a dynamic, experienced leader who has a comprehensive understanding of growth businesses, innovation, label supply chain and go-to-market strategies. We are confident that he is the right person to lead Brook & Whittle through a critical period of growth." "We are very excited to have Mark join the Brook & Whittle family," said co-founder and Board Director Steve Stewart. "Mark's background and expertise serving the label universe will prove to be an invaluable asset to Brook & Whittle as we continue our pursuit of pressure sensitive and shrink sleeve market leadership." "I'm delighted to be joining the Brook & Whittle team," said Mr. Pollard. "I have known the company for a number of years and have watched and admired them as they built one of the leading label printers in North America. We are well-positioned in the key growth markets of the premium prime label business and deliver best-in-class quality and service to some of the world's leading brands. The customer-centric business approach is a credit to the experienced team, guided by the skilled leadership of Steve Stewart, Scott Murchison and most recently Don Sturdivant. The production platform gives us a great spring board for future business growth, both organically and through acquisition. I'm excited by our strategic ambitions and look forward to seeing the results of combining the Brook and Whittle printing expertise with the investment and industry experience of Snow Phipps." Mark has spent the majority of his career at UPM Raflatac, a leading global supplier of materials for the Pressure Sensitive label markets. Mark most recently served as Senior Vice President of Global Films Business and the America Region, covering over 123 countries, and has substantial domestic and international label market and operational expertise. Prior to that role, Mark was Senior Vice President for the Americas. Mark has also had key management and leadership roles in strategy development, sales and marketing, IT and supply chain throughout his career, and has developed extensive knowledge of the label industry through his years as a supplier of materials to many of the global leading label producers. About Brook & Whittle Brook & Whittle is a leading technically-oriented North American manufacturer of premium prime label solutions with highly differentiated capabilities, entrusted by some of the largest global brands. The Company provides pressure sensitive labels, shrink labels and medical packaging, with a focus on unique product configurations and decorative effects requiring significant technical expertise. With a heritage rooted in product development and comprehensive in-house manufacturing operations, the Company draws on its wide variety of specialized printing expertise, including UV and LED flexographic, rotogravure and digital capabilities, to create unique decorated labels across a range of substrates, including pressure sensitive materials and shrink film. Brook and Whittle operates three production facilities in North Branford, CT, Guilford, CT and Amherst, NY. To learn more about Brook and Whittle, visit www.brookandwhittle.com . About Snow Phipps Group Snow Phipps is a private equity firm focused on lower middle-market control investments with $2.4 billion of total capital commitments raised since its founding in 2005. The firm generally focuses on companies in attractive sub-sectors across the Industrials, Services and Consumer industries and targets platform investments with enterprise values ranging from $100 million to $500 million. The Snow Phipps investment team collaborates with its Operating Partners and portfolio management teams to create value through an operationally focused strategy often led by organic or acquisition-driven growth. Snow Phipps has made 23 platform investments and over 45 add-on acquisitions. The firm has been investing Snow Phipps III, L.P., with $913 million of total commitments, since 2016. To learn more about Snow Phipps, visit www.snowphipps.com . View original content: http://www.prnewswire.com/news-releases/brook--whittle-appoints-mark-pollard-chief-executive-officer-300654327.html SOURCE Snow Phipps Group

http://www.cnbc.com/2018/05/24/pr-newswire-brook-whittle-appoints-mark-pollard-chief-executive-officer.html

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TransDigm Group Announces Proposed Private Offering of $500 Million of Senior Subordinated Notes

CLEVELAND, May 1, 2018 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm Group") (NYSE: TDG) announced today that its wholly-owned subsidiary, TransDigm UK Holdings plc (the "Company"), is planning, subject to market and other conditions, to offer $500 million aggregate principal amount of senior subordinated notes due 2026 (the "Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act"). It is expected that the Notes will be guaranteed by TransDigm Group, its wholly-owned subsidiary, TransDigm Inc., and certain of TransDigm Inc.'s existing and future domestic subsidiaries on a senior subordinated basis. TransDigm Group intends to use the net proceeds from the offering of the Notes and the incremental term loan to replenish the cash used to fund the purchase price for its acquisitions of the Kirkhill elastomers business and Extant Components Group Holding, Inc. This cash and the remainder of the net proceeds will be used for general corporate purposes, including potential future acquisitions, dividends or repurchases under its stock repurchase program. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. The Notes and related guarantees are being offered only to qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and outside the United States to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws. About TransDigm Group TransDigm Group Incorporated, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, NiCad batteries and chargers, engineered latching and locking devices, rods and locking devices, engineered connectors and elastomers, cockpit security components and systems, specialized cockpit displays, aircraft audio systems, specialized lavatory components, seatbelts and safety restraints, engineered interior surfaces and related components, lighting and control technology, military personnel parachutes, high performance hoists, winches and lifting devices, and cargo loading, handling and delivery systems. Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve risks and uncertainties that could cause TransDigm Group's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, TransDigm Group. These risks and uncertainties include but are not limited to: the sensitivity of our business to the number of flight hours that our customers' planes spend aloft and our customers' profitability, both of which are affected by general economic conditions; future geopolitical or worldwide events; cyber-security threats and natural disasters; our reliance on certain customers; the U.S. defense budget and risks associated with being a government supplier; failure to maintain government or industry approvals; failure to complete or successfully integrate acquisitions; our substantial indebtedness; potential environmental liabilities; increases in raw material costs, taxes and labor costs that cannot be recovered in product pricing; risks associated with our international sales and operations; and other risk factors. Further information regarding the important factors that could cause actual results to differ materially from projected results can be found in TransDigm Group's Annual Report on Form 10-K and other reports that TransDigm Group or its subsidiaries have filed with the Securities and Exchange Commission. Except as required by law, TransDigm Group undertakes no obligation to revise or update any forward-looking statements contained in this press release. Contact: Liza Sabol Investor Relations 216-706-2945 ir@transdigm.com View original content: http://www.prnewswire.com/news-releases/transdigm-group-announces-proposed-private-offering-of-500-million-of-senior-subordinated-notes-300640176.html SOURCE TransDigm Group Incorporated

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Brian Lidji Earns Spot on D Magazine's 2018 Best Lawyers in Dallas Listing

DALLAS, May 9, 2018 /PRNewswire/ -- Corporate law attorney Brian Lidji of Lidji Dorey & Hooper has again been named to D Magazine's list of the Best Lawyers in Dallas. The annual recognition of the most respected lawyers in North Texas will be featured in the May 2018 edition of the magazine. Mr. Lidji earned his place on the 2018 list based on his exceptional work in mergers and acquisitions. This marks the 13 th time that Mr. Lidji has been named to the D Magazine list of Best Lawyers in Dallas. "I'm humbled and honored to be recognized by my peers again this year," said Mr. Lidji. "Being selected to D Magazine's Best Lawyers list never gets old." Mr. Lidji offers clients more than 30 years of experience in M&A and general corporate matters. His clients range from energy independents to consumer and technology companies. He has an extensive portfolio of work in mergers and acquisitions, corporate governance, securities law, business law, contract negotiations and a wide variety of other business transactions. To learn more about Mr. Lidji, visit https://ldhlaw.com/attorneys/brian-m-lidji/ . His work also has earned recognition from The Best Lawyers in America every year since 2006 and Texas Super Lawyers each year since the inaugural 2003 listing. He also serves on the executive board of the Southern Methodist University Dedman School of Law, his alma mater. The full listing of Dallas' top attorneys appears on the D Magazine website at www.dmagazine.com . Lidji Dorey & Hooper focuses on meeting the corporate legal needs of emerging and middle-market companies by adding value to clients' businesses at every stage of development and maturity. The firm's attorneys have closed billions of dollars of merger and acquisition transactions in a variety of industries, from oil and gas to technology. For more information, visit https://ldhlaw.com/ . Media Contact: Mike Androvett 800-559-4534 mike@androvett.com View original content: http://www.prnewswire.com/news-releases/brian-lidji-earns-spot-on-d-magazines-2018-best-lawyers-in-dallas-listing-300645649.html SOURCE Lidji Dorey & Hooper

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Boston Mutual Life Insurance Company Welcomes Industry Veteran As Vice President Of Underwriting

CANTON, Mass., May 15, 2018 /PRNewswire/ -- Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace , today announced the appointment of Robert "Bob" Dignazio as Vice President of Underwriting. Mr. Dignazio brings over thirty years of insurance experience in underwriting, sales, and management to Boston Mutual. As vice president, Mr. Dignazio's broad experience within the industry will support the strong partnership between Boston Mutual's Strategic Business Centers (the company's four business areas) to drive sales and producer growth while meeting profitability objectives. "We're excited to welcome Bob to Boston Mutual as a strategic leader to our underwriting department," said Joseph W. Sullivan, J.D., Executive Vice President and Chief Risk Officer at Boston Mutual Life Insurance Company. "His extensive underwriting experience and sales background will play a key role in expanding our distribution footprint and improving producer relationships as our company continues to grow." In his new role, Mr. Dignazio will manage the expanding underwriting department, including overseeing the management team, within Boston Mutual's Risk Strategic Business Center. He will lead the assessment of the company's underwriting practices, processes, and rate development, and will contribute to overall enterprise risk management strategies. Mr. Dignazio will also coordinate with various internal divisions and external partners on development and maintenance of key producer relationships. Robert Dignazio was most recently Assistant Vice President (AVP) of Internal Sales at Sun Life Financial in Wellesley Hills, Massachusetts. Previously, he served in various roles at Sun Life Financial, including AVP of Small Market Management, AVP of Multi-line Regional Underwriting, and Director of Disability/Regional Underwriting. He began his career as an actuarial student at Loyalty Life Insurance Company in 1983. Mr. Dignazio earned a bachelor's degree from Guilford College in Greensboro, North Carolina. Mr. Dignazio also holds a Disability Income Associate designation from America's Health Insurance Plans (AHIP). About Boston Mutual Life Insurance Company Boston Mutual Life Insurance Company is a national insurance carrier providing flexible insurance products for working Americans in the private and public sectors. Boston Mutual offers a range of insurance coverage options for both individuals and employers, with a product portfolio that includes life, critical illness, disability, and accident insurance coverage. Founded in 1891, the company, which is headquartered in Canton, Massachusetts, has enjoyed a long history of financial strength and stability. For more information, please visit www.bostonmutual.com or follow the company on Facebook ( /BostonMutualLifeIns ) or LinkedIn ( /company/boston-mutual-life-insurance ). Media Contact: Meredith D'Agostino Boston Mutual Life Insurance Company meredith_dagostino@bostonmutual.com (800) 669-2668 x276 View original content with multimedia: http://www.prnewswire.com/news-releases/boston-mutual-life-insurance-company-welcomes-industry-veteran-as-vice-president-of-underwriting-300647856.html SOURCE Boston Mutual Life Insurance Company

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At least five dead in crash of Puerto Rican Air National Guard cargo plane

Materials and Metals Military cargo plane crashes in Georgia, killing 5 An Air National Guard C-130 cargo plane crashed Wednesday along a road near a Georgia airport, killing at least five National Guard members from Puerto Rico. The Savannah Air National Guard says the plane was doing a training mission when it crashed near the Savannah/Hilton Head International Airport. Savannah/Hilton Head International Airport said on social media that some flights were being affected though the crash happened off its property. Published 1 Hour Ago The Associated Press James Lavine | AP Flames and smoke rise from an Air National Guard C-130 cargo plane after it crashed near Savannah, Ga., Wednesday, May 2, 2018. An Air National Guard C-130 cargo plane on a training mission crashed Wednesday along a road near a Georgia airport, killing at least five National Guard members from Puerto Rico, authorities said. Black smoke rose into the sky from a section of the plane that appeared to have crashed into a median on the road. Firefighters later put out the blaze. Capt. Jeff Bezore, a spokesman for the Georgia Air National Guard's 165th Air Wing, said the crash killed at least five people. He said he couldn't say how many people in total were on the plane when it crashed around 11:30 a.m. The Air Force said the plane belonged to the 156th Air Wing out of Puerto Rico, and Puerto Rico National Guard Spokesman Maj. Paul Dahlen told The Associated Press that all those aboard were Puerto Ricans who had recently left the U.S. territory for a mission on the U.S. mainland. He said initial information indicated there were five to nine people aboard the plane, which was heading to Arizona. He did not have details on the mission. "It's a sad day for the National Guard, and our thoughts and prayers are with the families of everyone involved and everyone with the National Guard as we work through this," he said. A photo tweeted by the Savannah Professional Firefighters Association shows the tail end of a plane and a field of flames and black smoke as an ambulance stood nearby. The only part of the plane that remained intact was the tail section, said Chris Hanks, the assistant public information officer with the Savannah Professional Firefighters Association. The tail section was sitting on Highway 21 and the ground in front of it was black and littered with debris, he said. The Savannah Air National Guard says the plane was doing a training mission when it crashed near the Savannah/Hilton Head International Airport. Savannah's Air National Guard base has been heavily involved in hurricane recovery efforts in Puerto Rico. In September 2017, it was designated by the Air National Guard as the hub of operations to the island in the aftermath of hurricanes Irma and Maria, the base announced at the time. Savannah/Hilton Head International Airport said on social media that some flights were being affected though the crash happened off its property. The airport advised passengers to check with their airline for updated flight information.

https://www.cnbc.com/2018/05/02/at-least-five-dead-in-crash-of-puerto-rican-air-national-guard-plane.html

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Wine.com Appoints zulily Executive, Kevin Saliba, to Board of Directors

SAN FRANCISCO, May 16, 2018 /PRNewswire/ -- Wine.com, the nation's leading online wine retailer, today announced the appointment of Kevin Saliba to its board of directors. With more than fifteen years of experience in eCommerce, Saliba currently serves as Senior Vice President of Marketing at online retailer, zulily, a wholly owned subsidiary of Qurate Retail, Inc. Saliba leads the marketing team in bringing together the best in commerce, content, and media & entertainment and is focused on redefining the next generation of shopping. Since Saliba stepped into the head of marketing role, zulily has seen record-breaking active customer growth, including the launch of successful customer experience programs. "Kevin has deep experience in eCommerce and knows how to scale online retailers," said Rich Bergsund, CEO of Wine.com . "The timing is perfect, as we look to continue our accelerated growth and build a very large business in the online wine sector." "I'm extremely excited to be joining the Wine.com Board of Directors," said Saliba. "Having worked with two high-growth companies during major inflection points -- Expedia and zulily -- I see a similar opportunity at Wine.com . My goal is to be a strategic advisor to the management team as Wine.com continues to scale and innovate, build its team, and focus on driving customer acquisition and marketing." Prior to zulily, Saliba served as Vice President of Business Development for CafePress.com , where he developed strategic initiatives and partnerships that helped take the company public in 2012. Additionally, Saliba has led business development teams and strategic partnerships at Expedia and Amazon. Kevin Saliba has an Engineering degree from the University of Waterloo and an MBA from Cornell University. About Wine.com Wine.com is the nation's leading online wine retailer, offering selection, guidance and convenience not found in brick and mortar stores. The company provides its customers access to the world's largest wine store, with live chat wine experts available 7 days a week on its mobile and full websites. Wine.com delivers in 1-2 days to most addresses, offering date-certain delivery and the convenience of shipping to over 10,000 Walgreens and FedEx Office local pickup sites. The company's popular StewardShip program provides unlimited wine delivery and exclusive access to new releases for $49 per year. Wine.com 's mission is to inspire the wine lifestyle through innovation. For more information, visit the company's website at http://www.wine.com or download its app in the Apple Store or Google Play. View original content: http://www.prnewswire.com/news-releases/winecom-appoints-zulily-executive-kevin-saliba-to-board-of-directors-300649104.html SOURCE Wine.com

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Summit Midstream Partners, LP Announces Series A Preferred Distribution

THE WOODLANDS, Texas, May 25, 2018 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) announced today that the board of directors of its general partner, Summit Midstream GP, LLC, has declared a distribution of $47.50 per Series A Preferred Unit, which will be payable on June 15, 2018, to holders of record at the close of business on June 1, 2018. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of SMLP's distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, SMLP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. About Summit Midstream Partners, LP SMLP is a growth-oriented limited partnership focused on developing, owning and operating midstream energy infrastructure assets that are strategically located in the core producing areas of unconventional resource basins, primarily shale formations, in the continental United States. SMLP provides natural gas, crude oil and produced water gathering services pursuant to primarily long-term and fee-based gathering and processing agreements with customers and counterparties in five unconventional resource basins: (i) the Appalachian Basin, which includes the Marcellus and Utica shale formations in West Virginia and Ohio; (ii) the Williston Basin, which includes the Bakken and Three Forks shale formations in North Dakota; (iii) the Fort Worth Basin, which includes the Barnett Shale formation in Texas; (iv) the Piceance Basin, which includes the Mesaverde formation as well as the Mancos and Niobrara shale formations in Colorado and Utah; and (v) the Denver-Julesburg Basin, which includes the Niobrara and Codell shale formations in Colorado and Wyoming. SMLP is in the process of developing new gathering and processing infrastructure in a sixth basin, the Delaware Basin, in New Mexico. SMLP also owns substantially all of a 40% ownership interest in Ohio Gathering, which is developing natural gas gathering and condensate stabilization infrastructure in the Utica Shale in Ohio. SMLP is headquartered in The Woodlands, Texas, with regional corporate offices in Denver, Colorado, Atlanta, Georgia, Pittsburgh, Pennsylvania and Dallas, Texas. About Summit Midstream Partners, LLC Summit Midstream Partners, LLC ("Summit Investments") beneficially owns a 35.2% limited partner interest in SMLP and indirectly owns and controls the general partner of SMLP, Summit Midstream GP, LLC, which has sole responsibility for conducting the business and managing the operations of SMLP. Summit Investments is a privately held company controlled by Energy Capital Partners II, LLC, and certain of its affiliates. An affiliate of Energy Capital Partners II, LLC directly owns an 8.1% limited partner interest in SMLP. View original content with multimedia: http://www.prnewswire.com/news-releases/summit-midstream-partners-lp-announces-series-a-preferred-distribution-300655163.html SOURCE Summit Midstream Partners, LP

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Euro wins reprieve as Italy seeks to calm political turmoil

The U.S. dollar was pushed lower on Thursday as the euro rallied on news that Italian parties made last-ditch efforts to form a government and avert snap elections, going some way toward easing concerns about a political crisis in the euro zone's third-largest economy. The rise of a potentially euroskeptic government in Italy and the impact that could have on the stability of Europe had driven the euro to 10-month lows against the dollar on Tuesday. "Italy has gone back to being seen as a problem, but maybe a contained problem, less of a global risk than it was on Monday and that's weighing on the USD," said Daniel Katzive, head of FX strategy North America at BNP Paribas in New York. The euro strengthened against the dollar on Thursday, climbing 0.11 percent to $1.1674, after having risen 1.1 percent the previous day, its second-biggest daily gain this year. It hit a 10-month low of $1.1510 on Tuesday. The rally followed remarks by Italian Prime Minister-designate Carlo Cottarelli on Wednesday that possibilities had emerged "for the birth of a political government," suggesting politicians, rather than technocrats like himself, might be able to steer the country out of deadlock. That eased fears of a snap election that some say would effectively be a referendum on Italy's euro membership. Euro zone inflation jumped far more than expected in May on higher energy costs, data showed on Thursday, bringing some relief to the European Central Bank after market turbulence that has jeopardized its planned exit from its crisis-era stimulus program. An economic slowdown in Europe has pushed the euro lower since mid-April and reduced expectations for an early rate hike from the ECB. Thursday's inflation data could help put an ECB hike and unwinding back in play. The inflation data had minimal immediate impact on the euro. But combined with Wednesday's hawkish message from the Bank of Canada, which strengthened the loonie as much as 1.4 percent against the dollar, it left the U.S. dollar vulnerable. This hurts the greenback more broadly "because it reinforces the theme that the rest of the G10 is normalizing rates and the ( Federal Reserve ) is no longer a unique central bank," said Katzive. Following the President Trump's announcement of tariffs on Canadian, Mexican and the European Union steel and aluminum, the dollar gained 0.84 percent against the Canadian dollar at 1.2981. The dollar gained 1.42 percent at 20.0022 against the Mexican peso. Canadian Prime Minister Justin Trudeau called the tariffs "totally unacceptable" during an announcement on Thursday. He introduced dollar-for-dollar tariffs he said would remain until U.S. leadership came to its senses. "That Canada could be considered a national security threat to the United States is inconceivable," he added. The dollar shed 0.25 percent to 108.63 yen , edging back toward Tuesday's five-week low of 108.10 yen. The dollar index, which measures the greenback against a basket of six major currencies, was down 0.08 percent at 94.08 after having dipped as much as 0.4 percent on the day to 93.717. show chapters Trading Nation: Fade the dollar rally? 3:26 PM ET Wed, 30 May 2018 | 02:19 --CNBC's Chloe Aiello contributed to this report.

https://www.cnbc.com/2018/05/30/euro-wins-reprieve-as-italy-seeks-to-calm-political-turmoil.html

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LIVESTOCK-Cattle surge on technical buying, packer demand

By Michael Hirtzer CHICAGO, May 21 (Reuters) - Cattle futures jumped the most in more than a month on Monday, buoyed by technical short covering and optimism that demand from beef packers that resulted in last week's large cattle slaughter will continue this week, traders and analysts said. Front-month June live cattle futures briefly rose by their daily 3.000-cent price limit, before settling up 2.525 cents at 104.925 cents per pound while the most-active August contract ended 2.400 cents higher at 100.625 cents. The June contract's percentage gains of 2.7 percent were the largest since April 4 and followed a nearly 5 percent weekly drop last week. August feeder cattle futures were up 2.875 cents at 140.500 cents per pound. Some traders were exiting short bets ahead of a monthly U.S. cattle supply report due on Friday and the three-day U.S. Memorial Day holiday weekend. Commodity Futures Trading Commission data released last week showed speculative investors adding new short bets and cutting long positions. The cattle slaughter of 660,000 head last week was up from the same week in 2017 of 612,000 head, and the year-to-date slaughter is up 2.8 percent from last year, according to the U.S. Department of Agriculture. "Not many guys want to hold sizable short positions ahead of a long weekend," said Top Third Ag Marketing analyst Craig VanDyke. "We've had some monster kills the last two weeks and the (beef) product has been moving very well." Increased slaughter suggested packers were enjoying robust demand for beef. Sales of beef and other meats typically spike in the summer, when more U.S. consumers cook on outdoor grills. News of easing trade tensions between the United States and China also underpinned cattle prices, even though China was unlikely to significantly boost its imports of U.S. beef, the analysts said. Hog futures were lower at the Chicago Mercantile Exchange, pressured by technical selling and despite hopes that China could eliminate a tariff on imports of U.S. pork. Chicago Mercantile Exchange June lean hogs were down 0.700 cent at 74.000 cents per pound, the lowest since May 7. The contract could test its lifetime lows reached early in April, VanDyke said. (Reporting by Michael Hirtzer in Chicago Editing by Matthew Lewis)

https://www.reuters.com/article/usa-livestock/livestock-cattle-surge-on-technical-buying-packer-demand-idUSL2N1SS1QW

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US FDA Approves Histogen IND for Female Hair Loss Trial

SAN DIEGO, May 3, 2018 /PRNewswire/ -- Histogen, Inc., a regenerative medicine company focused on stimulating the body's stem cells to regenerate tissues and restore youthful function, has received approval of its Investigational New Drug (IND) application from the US Food and Drug Administration (FDA) to study its lead product in female diffuse hair loss. The Company also received renewal of its clinical manufacturing license from the Food & Drug Branch (FDB) of the State of California this week. Hair Stimulating Complex (HSC660) is a soluble formulation of a subset of naturally-secreted growth factors developed as an injectable treatment for hair growth. Through Histogen's patented technology process, fibroblast cells are induced to become multipotent stem cells, and there is upregulation of growth factors which have been shown to be important in hair viability. HSC660 is manufactured from the purification of cell conditioned media to enrich for these growth factors. Key growth factors within HSC660 include KGF, VEGF, and follistatin, which have been shown to be important in hair formation and the stimulation of resting hair follicles. Follistatin, in particular, has been linked to hair follicle stem cell proliferation. "HSC660 is the first complex biologic consisting of a cocktail of naturally-secreted growth factors to be approved by the FDA as an investigational injectable treatment for alopecia," said Dr. Martin Latterich, Histogen Vice President of Technical Operations. "After seeing promising results in early trials of our cell conditioned media, we are excited to launch our first Company-sponsored clinical trial of HSC660 in women." Pilot and Phase 1/2 Clinical Trials of an HSC660 predecessor were completed in male pattern baldness outside the US, with results that produced statistically significant efficacy indicators and a clear safety profile. More recently, a physician-sponsored 10 patient study in the US showed cosmetically significant results in both men and women. In addition to seeing a 100% female responder rate in the physician-sponsored study, previous trials have shown efficacy in other difficult-to-treat populations including men over 40 years of age and temporal recession hair loss. More detailed information about results to date can be found at http://www.histogeninc.com/applications/hsc.htm . About Histogen Histogen is a regenerative medicine company developing innovative products from cells grown under simulated embryonic conditions, including low oxygen and suspension. Through this unique technology process, newborn cells are directed to naturally produce vital proteins and growth factors from which the Company has developed its rich product portfolio. Histogen's technology focuses on stimulating a patient's own stem cells by delivering a proprietary complex of multipotent human proteins that have been shown to support stem cell growth and differentiation. For more information, please visit www.histogen.com . Contact: Eileen Brandt 858-200-9520 ebrandt@histogeninc.com View original content with multimedia: http://www.prnewswire.com/news-releases/us-fda-approves-histogen-ind-for-female-hair-loss-trial-300642407.html SOURCE Histogen, Inc.

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Trump honors fallen US soldiers after touting his economic record in a tweet

President Donald Trump paid a Memorial Day tribute at Arlington National Cemetery on Monday, saying he came to "sacred soil" to "honor the lives and deeds of America's greatest heroes." The commander in chief, speaking before an audience of Cabinet members, military leaders, veterans and families assembled in the marble amphitheater near the Tomb of the Unknown Soldier, said, "We mourn alongside their families and we strive to be worthy of their sacrifice." Trump's somber tone contrasted with a self-promotional tweet earlier Monday in which he said fallen soldiers would be "very proud and happy at how well our country is doing today," citing the economy and low unemployment. During his second Memorial Day trip to Arlington as president, Trump laid a wreath at the tomb before making his remarks. He recognized military figures, including Bob Dole, the former senator and 1996 Republican presidential nominee, who served in World War II. And he spoke warmly about a number of military families in attendance, including a young boy named Christian Jacobs, whose father is buried at Arlington. Trump said the boy showed him his father's grave last year, calling it "a moment I will always remember." Before heading to the hallowed grounds across the Potomac River from the nation's capital, Trump tweeted that "those who died for our great country would be very happy and proud at how well our country is doing today." But the president then veered from the somber to the self-congratulatory in the tweet, citing what he said was the "Best economy in decades, lowest unemployment numbers for Blacks and Hispanics EVER (& women in 18years), rebuilding our Military and so much more. Nice!" TRUMP TWEET The president also posted quotes in line with his criticism of the Justice Department and investigations into ties between his winning campaign and Russia. TRUMP TWEET 2 He was criticized for his tone by a number of people, including a former chairman of the Joint Chiefs of Staff during the Obama administration, retired Army Gen. Martin Dempsey, who wrote, "This day, of all days of the year, should not be about any one of us." Memorial Day messages from first lady Melania Trump and Ivanka Trump , the president's daughter, struck to a theme of remembrance and thanks. "As we remember our fallen servicemen and women, our hearts are filled with gratitude for their sacrifice and awe of their courage," Ivanka Trump tweeted. And Melania Trump thanked service members and their families for helping safeguard the country. "We honor the many Americans who laid down their lives for our great country. As one nation under God, we come together to remember that freedom isn't free," she tweeted. At Arlington, Trump said the heroes who died for America "rest in these hallowed fields, in cemeteries, battlefields and burial grounds near and far, and are drawn from the full tapestry of American life." He said they came from "every generation, from towering cities and wind-swept prairies, from privilege and from poverty. They were generals and privates, captains and corporals of every race, color and of every creed, but they were all brothers and sisters in arms. And they were all united then, as they are united now, forever, by their undying love of our great country." Gen. Joseph Dunford, the current chairman of the Joint Chiefs of Staff, honored the more than a million Americans he said "gave their last full measure so we could live in freedom and raise our children in peace." He also honored the families "they left behind and for whom every day is Memorial Day." Those who fought and died for America, he said, "shared a commitment to something greater than themselves and they were people who understand what we have in this country is worth fighting for." Those who attended the Memorial Day tribute included Trump's chief of staff, John Kelly , whose son, Marine 2nd Lt. Robert M. Kelly, was killed in November 2010 after he stepped on a land mine while on patrol in southern Afghanistan. He is buried at Arlington.

https://www.cnbc.com/2018/05/28/trump-honors-fallen-us-soldiers-after-touting-his-economic-record-in-a-tweet.html

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Extreme Reach Expands New York Sales Team; Promotes Two Sales Leaders

NEW YORK, May 31, 2018 /PRNewswire/ -- Extreme Reach, the cloud technology platform for TV and video ad workflow and Talent and Rights management, announced today the expansion of its New York sales team and the promotion of two of its long-time leaders. Justin Farrell joins as Sales Director in New York. Maegan Buckler and Brendan Gill, formerly Regional Vice Presidents, are now Senior Vice Presidents with teams spanning all regions. Farrell brings more than a decade of experience working in digital media and adtech, most recently as Regional Sales Director for retail analytics provider, Commerce Signals. He previously served as East Coast Sales Director at Vindico (a division of Viant). Buckler and Gill are veterans of Extreme Reach, having joined in 2009 and 2008 respectively, as the first two sales people at the company. Over the past decade they have been instrumental in building a client base that now includes the top 100 leading brands and their agencies. In their new roles, they will continue to work with clients across every vertical and drive further growth for Extreme Reach, which is uniquely positioned at the convergence of TV and video advertising. "I'm delighted to welcome Justin to our growing sales team in New York and know we'll benefit from the skills and relationships he's developed during his 10-plus years in digital media," said Matt Timothy, Chief Revenue Officer, Extreme Reach. "I'm also very pleased to announce the well deserved promotions of Maegan and Brendan. They are outstanding leaders and have great insight into the challenges brands and agencies face in managing their creative assets as the entire advertising industry is disrupted." The promotions are effective immediately. About Extreme Reach Extreme Reach offers the only enterprise technology designed distinctly to bring together the TV and video ad workflow and all aspects of Talent & Rights management in a single, easy-to-use cloud platform. One platform and one process make brand advertising easier, and analytics more insightful, with the assurance of rights compliance wherever ads play. Founded in 2008, Extreme Reach proudly serves the world's biggest brands, agencies, post-production houses, all media destinations, and the talent community, altogether simplifying the process for every team that touches an ad campaign from start to finish. Headquartered in Needham, MA, Extreme Reach has offices in 19 cities worldwide. Press Contact: Michelle O'Rourke Clarity PR for Extreme Reach 196178@email4pr.com 646.207.6187 View original content with multimedia: http://www.prnewswire.com/news-releases/extreme-reach-expands-new-york-sales-team-promotes-two-sales-leaders-300657156.html SOURCE Extreme Reach

http://www.cnbc.com/2018/05/31/pr-newswire-extreme-reach-expands-new-york-sales-team-promotes-two-sales-leaders.html

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UPDATE 3-Aurora to buy MedReleaf for $2.5 bln in biggest ever pot deal

(Adds background on marijuana market, analyst and shareholder quote, share prices) May 14 (Reuters) - Aurora Cannabis Inc will buy rival MedReleaf Corp for C$3.2 billion ($2.51 billion) in the biggest deal yet to unify major Canadian pot growers, as the country moves toward legalizing marijuana for recreational use. The deal announced Monday is the latest in a wave of mergers in the industry as marijuana producers emboldened by pot legalizations in Europe and a number of U.S. states seek to cut costs and gain scale. Canada's relaxed regulations, a mature industry and free-flowing capital have offered firms a unique opportunity to advance research without the legal and political risks that bog down growers in the United States and elsewhere. Canadian regulators have granted over 70 firms licenses to produce and sell medical marijuana, with more than half granted in 2017 or 2018. Aurora and MedReleaf together expect to produce over 570,000 kilograms per year of cannabis through nine facilities in Canada and two in Denmark. "The combination strengthens our capacity to service the rapidly expanding global medical cannabis markets, and amplifies our early-mover advantage," Aurora Chief Executive Officer Terry Booth said in a statement. Canada is one of the few countries that exports marijuana, allowing growers to take immediate advantage of recent medical pot legalizations in more than 20 countries. The worldwide legal marijuana market is expected to generate revenue worth $146.4 billion by end of 2025, according to California-based market consultancy by Grand View Research. "(Aurora is) targeting mostly Europe for exports ... the demand is firmly in place, in terms of their medical market," said Alan Brochstein, founder of cannabis-industry information provider 420 Investor. "(Europe has) perhaps a better program initially in terms of insurance coverage and distribution through pharmacies," he added. The acquisition is Aurora's second large deal this year, coming just months after it bought CanniMed Therapeutics for C$1.1 billion. Shares of Aurora and MedReleaf each rose 1 percent on Monday morning on the Toronto Stock Exchange. Aurora shareholders will own about 61 percent of the combined company, following the all-stock deal. Aurora offered to buy each MedReleaf share for C$29.44, representing an 18.2 percent premium to MedReleaf's Friday closing price. Aurora would likely sign more deals, but not any as big as the MedReleaf acquisition, Booth said at a media conference in Toronto. The company would also consider listing its shares in New York, he added. "Aurora has ... been pretty aggressive with their expansion plans but now shareholders will want to see those assets being put to use before the company rushes out and buys something else," said Bruce Campbell, chief investment officer at Cannabis Growth Opportunity Corp. ($1 = 1.2767 Canadian dollars) (Reporting by John Benny and Yashaswini Swamynathan in Bengaluru; Editing by Arun Koyyur and Sai Sachin Ravikumar)

https://www.cnbc.com/2018/05/14/reuters-america-update-3-aurora-to-buy-medreleaf-for-2-point-5-bln-in-biggest-ever-pot-deal.html

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UPDATE 8-Oil gains after report shows larger than expected U.S. stock draws

* U.S. crude stocks fall by 1.4 million barrels -EIA * Physical spot cargoes trade at discount to financial crude * Gasoline futures hit 3-1/2 year high * Global oil demand likely to moderate this year -IEA (Updates prices, adds comment) NEW YORK, May 16 (Reuters) - Oil prices gained on Wednesday, shaking off the effects of a strengthening dollar, after an inventory report showed U.S. crude and gasoline stocks fell more than expected. Brent crude futures gained 85 cents to settle at $79.28 a barrel, while U.S. crude futures gained 18 cents to settle at $71.49 a barrel. "We rallied as the day went on," said Gene McGillian, manager of market research at Tradition in Stamford. "We continued to receive support from concerns about supply from the Iranian nuclear accord, Venezuela ... as well as the draw in crude," McGillian said. U.S. crude inventories fell by 1.4 million barrels in the week to May 11, compared with analyst expectations for a 763,000 barrel decrease. U.S. gasoline stocks fell 3.79 million barrels, according to the U.S. Energy Information Administration's weekly report. Analysts had expected a 1.42 million barrel decline. That helped push gasoline futures to their highest levels since October 2014. "The strength of gasoline, which made new highs, a 3-1/2-year high today ... helped pull up crude later in the session," said Jim Ritterbusch, president of Ritterbusch and Associates in Galena, Illinois. Exports hit a new one-week record, the EIA said. The report pointed to healthy demand for U.S. crude, Commerzbank analyst Carsten Fritsch said. In Venezuela, production plunged to 1.5 million barrels last month, its lowest level in decades due to its ongoing economic crisis. Meanwhile, the dollar firmed to nearly a five-month high against a basket of other major currencies on Wednesday. A stronger greenback makes it more expensive to buy dollar-denominated commodities such as oil. While futures prices climb, physical crude markets are sagging under the weight of unsold barrels. The 50 percent rise in oil prices in the last year is encouraging major companies such as ExxonMobil, Royal Dutch Shell, Chevron , BP and Total to increase output. Spot crude oil cargo prices are at their steepest discounts to futures prices in years as sellers struggle to find buyers for West African, Russian and Kazakh cargoes, while pipeline bottlenecks trap supply in West Texas and Canada. The International Energy Agency warned global demand is likely to moderate this year as crude prices near $80 a barrel and many key importing countries no longer offer consumers generous fuel subsidies. In its monthly report, the Paris-based IEA cut its forecast for 2018 global demand growth to 1.4 million barrels per day, from 1.5 million bpd. "On balance, the report is tending more to the negative side. Demand for oil has been revised downwards for the second half of the year from April," PVM Oil Associates strategist Tamas Varga said. (Additional reporting by Amanda Cooper in LONDON and Henning Gloystein in SINGAPORE; Editing by Mark Potter, Paul Simao and Susan Thomas)

https://www.cnbc.com/2018/05/16/reuters-america-update-8-oil-gains-after-report-shows-larger-than-expected-u-s-stock-draws.html

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Philippines' trade deficit narrows in March as imports slow

MANILA, May 9 (Reuters) - The Philippine Statistics Authority on Wednesday released preliminary data on March exports and imports: KEY DATA Mar Feb Jan Dec Nov Oct Total exports ($bln) 5.51 4.66 5.37 5.08 5.02 5.39 yr/yr chg (pct) -8.2 -1.8 3.5 2.3 2.7 7.1 Electronics ($bln) 3.22 2.58 2.62 2.86 2.88 2.86 yr/yr chg (pct) 6.8 4.6 10.8 15 12.7 13.8 Total imports ($bln) 8.12 7.72 8.54 8.92 8.86 8.21 yr/yr chg (pct) 0.1 18.6 11.4 20.0 20.1 13.1 Electronics ($bln) 2.22 1.97 2.23 2.15 2.42 2.25 yr/yr chg (pct) 6.7 13.5 18.9 20.3 23.4 23.3 Trade balance ($bln) -2.61 -3.07 -3.16 -3.8 -3.85 -2.82 4 - The decline in exports was led by a drop in the shipment of machinery and transport equipment, gold, coconut oil, among others. - Double digit drops in the purchases of transport equipment, industrial machinery equipment, and manufactured articles significantly slowed imports growth in March. (Reporting by Karen Lema and Enrico dela Cruz; Editing by Biju Dwarakanath)

https://www.reuters.com/article/philippines-economy-tradefigures/philippines-trade-deficit-narrows-in-march-as-imports-slow-idUSP8N1SE003

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General Motors is a 'raging bull' opportunity in autonomous car space: Citigroup

General Motors is a leader in the future autonomous vehicle network space, according to Citigroup, spelling a "raging bull" case for the automaker. Though analyst Itay Michaeli believes the automaker's shares could nearly double to $70 over the next 12 months, he argued that the stock could soar to $134 over the long term as autonomous vehicle technology networks become commonplace. "We believe General Motors remains an underappreciated leader in the future autonomous vehicle network space," Michaeli wrote Sunday. "Establishing large autonomous vehicle subscriptions, even as a substitute to traditional leasing, could become a major profit enhancer for low-margin segments like cars and even crossovers."

https://www.cnbc.com/2018/05/21/general-motors-is-a-raging-bull-opportunity-in-autonomous-car-space-citigroup.html

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Modest losses seen for Wall Street ahead of Trump Iran nuclear decision

* 'Gotcha,' tweets Kellyanne Conway on Schneiderman resignation (Washington Post) The president has begun questioning whether his lawyer Rudy Giuliani should be sidelined from television interviews, according to the Associated Press, citing sources. Trump has become irritated with Giuliani's off-message media blitz. Newly obtained documents show that EPA chief Scott Pruitt and his staff tried to maintain strict secrecy about the bulk of Pruitt's daily schedule, driven by a desire to avoid tough questions from the public than concerns about security. (NY Times) A string of 2018 primary elections take place today, shaping elections that will help to determine which party holds the House and Senate after November's midterms. Voters go to the polls in Indiana, North Carolina, Ohio and West Virginia. (CNBC) Trump will propose canceling $15 billion in federal spending, and nearly half of those cuts would come from the Children's Health Insurance Program, or CHIP, a safety-net program for low-income families that has bipartisan support. (USA Today) Saftey regulators are sounding the alarm over the surge of pedestrians struck and killed by vehicles in the U.S. The Insurance Institute for Highway Safety said higher speed limits in many municipalities around the country may be a factor. (CNBC) Facebook (FB) is defining what it considers "issue ads" that will require authorization and labeling on its platform in the U.S. The initial list includes abortion, civil rights, guns, immigration, poverty, terrorism and more. (Axios) STOCKS TO WATCH Snap (SNAP) CFO Andrew Vollero is stepping down, and will be replaced by former Amazon (AMZN) executive Tim Stone. Stone had led Amazon's integration of Whole Foods after the acquisition of the supermarket chain last year. Activist investor ValueAct has acquired a $1.2 billion stake in Citigroup (C), according to the Wall Street Journal. A letter to investors seen by the Journal said that ValueAct continues to boost its Citi stake "opportunistically" and that it supports CEO Michael Corbat. Zillow Group (ZG) reported quarterly earnings of 7 cents per share, beating estimates by a penny. The real estate website operator's revenue was also slightly above forecasts. However, Zillow warned on outlook and announced its CFO will step down at the end of the month. Hertz Global (HTZ) lost $1.58 per share for its latest quarter, wider than the $1.26 per share loss that analysts were anticipating. The car rental company's revenue did beat forecasts, but it said it still "had work to do." AMC Entertainment (AMC) beat estimates by 5 cents with quarterly profit of 14 cents per share, and the movie theater operator's revenue was above forecasts as well. AMC said it benefited from higher box office revenue and from the acquisition of Nordic Cinema Group. WATERCOOLER The 2018 "Heavenly Bodies" costume-themed, Met Gala was last night. Catch all the arrivals , including Rhianna, Katy Perry and even Disney's Black Panther star Chadwick Boseman. (Variety) It's now red-carpet official : entrepreneur Elon Musk and musician Grimes are an item. The couple confirmed reports as they arrived at the Met Gala together last night. (USA Today)

https://www.cnbc.com/2018/05/08/modest-losses-seen-for-wall-street-ahead-of-trump-iran-nuclear-decision.html

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Adeptus Health Appoints Dr. Nirav R. Shah as Advisor in Residence

IRVING, Texas, May 1, 2018 /PRNewswire/ -- Adeptus Health continues its commitment to provide patients with the highest quality healthcare with the appointment of Dr. Nirav R. Shah as the organization's Advisor in Residence. In this role, Dr. Shah will work with Adeptus Health's executive team and board members to advance the company's regulatory, revenue and research strategies. "We are honored to have Dr. Shah join our team as a strategic advisor which will be essential as we work towards transforming the delivery of healthcare," said Frank R. Williams, President and CEO of Adeptus. "Dr. Shah's expertise in patient-centered healthcare combined with his experience as a regulator, make him an invaluable resource for Adeptus Health and the perfect fit for our organization." Dr. Shah is an expert in strategies for high quality, lower-cost patient care, and deploying innovation in healthcare. Currently, Dr. Shah is an adjunct professor at Stanford University and previously served as the senior vice president and Chief Operating Officer for clinical operations at Kaiser Permanente in Southern California. He also was the Commissioner of the New York State Department of Health where he oversaw the health of 19 million New York state residents. "It is a privilege to join a team that is passionate and committed to providing the best care and patient experience close-to-home," said Dr. Shah. "I look forward to working with Adeptus Health to enhance the strategic vision for the organization's transformative healthcare model." The addition of Dr. Shah further emphasizes Adeptus Health's priority to provide the best patient experience in the communities it serves, including an outstanding door-to-doctor time rate. In April 2018 alone, patients at Adeptus Health's facilities were seen by a doctor within 11 minutes of entering the facility. Adeptus Health is a leading operator of hospital satellite emergency departments and free-standing emergency rooms and is continuing to innovate and grow its healthcare model. The organization plans to integrate within hospital networks to increase access to high quality care to provide momentum for the future of healthcare. About Adeptus Adeptus Health is a leading patient-centered healthcare organization expanding access to the highest quality emergency medical care through its network of freestanding emergency rooms and partnerships with premier healthcare providers. Adeptus is owned by affiliates of Deerfield Management, an investment firm committed to advancing healthcare through investment, information and philanthropy. For more information, please visit www.adpt.com . View original content with multimedia: http://www.prnewswire.com/news-releases/adeptus-health-appoints-dr-nirav-r-shah-as-advisor-in-residence-300639506.html SOURCE Adeptus Health Inc.

http://www.cnbc.com/2018/05/01/pr-newswire-adeptus-health-appoints-dr-nirav-r-shah-as-advisor-in-residence.html

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Allison Transmission announces Fred Bohley as next CFO

INDIANAPOLIS, May 11, 2018 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has appointed G. Frederick Bohley III as Vice President, Chief Financial Officer and Treasurer, effective June 1. "Fred has been an instrumental member of our organization for many years," said David S. Graziosi, President and CFO of Allison. "I have worked closely with Fred, and I am confident in his ability to continue driving our vision and values in his new role as Chief Financial Officer." Bohley has been with Allison Transmission since 1991 and currently serves as Vice President, Finance and Treasurer. He began his career with the Finance department where he held positions of increasing responsibility, including General Accountant, Tax Specialist, Internal Auditor, Plant Analyst, Manager of Manufacturing Analysis and Manager of Financial Planning and Analysis. In 2001, Bohley joined Marketing, Sales and Service where he held the position of National Account Executive. In 2003, he relocated to Sao Paulo, Brazil as Director of Latin American Operations, and he returned in 2006 as Director of International Marketing and Business Planning. In October 2007, following Allison's divestiture from General Motors, Bohley rejoined the Finance department and was promoted to Executive Director of Financial Planning and Analysis, Pricing and International Finance. He added Investor Relations to his responsibilities in January 2013 and Business Planning in August 2014. He was promoted to Vice President, with the added responsibility of supervising the treasury department, in March 2016 and became Treasurer in July 2017. "I am honored to assume the role of Chief Financial Officer," said Bohley. "I look forward to working with Dave, the Allison leadership team and our board of directors to ensure Allison remains an industry leader in fully automatic transmissions, while also realizing new opportunities that lie ahead. We are focused on improving the way the world works." About Allison Transmission Allison Transmission (NYSE: ALSN) is the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in electric hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,700 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com . Forward-Looking Statements This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," "intend," "forecast," "could," "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. and foreign defense spending; general economic and industry conditions; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations. View original content with multimedia: http://www.prnewswire.com/news-releases/allison-transmission-announces-fred-bohley-as-next-cfo-300646957.html SOURCE Allison Transmission Holdings Inc.

http://www.cnbc.com/2018/05/11/pr-newswire-allison-transmission-announces-fred-bohley-as-next-cfo.html

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Subway CEO to retire 3 years after taking over from brother

Subway CEO Suzanne Greco is retiring from the post she took over from her brother following his death three years ago. Subway said in statement Wednesday that Greco will retire on June 30, and Trevor Haynes will take over as interim CEO. Haynes is currently the company's chief business development officer. Greco took over as CEO in 2015 after her brother Fred DeLuca died of leukemia. DeLuca co-founded the company in 1965 as a single restaurant in Connecticut. He was 17; Greco was seven. Under Greco's leadership, the privately held company launched a redesign with brighter atmospheres and ordering tablets in an attempt to stem a decline in sales. In February, the company changed its loyalty-rewards program, giving customers the ability to earn $2 discounts instead of free Footlong sandwiches.

https://www.cnbc.com/2018/05/03/subway-ceo-to-retire-3-years-after-taking-over-from-brother.html

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Earnings are blockbuster, but markets aren’t listening. Here’s why

show chapters Stocks kick off May on a low note during a key week for the market 22 Hours Ago | 04:26 The first earnings season since corporate tax cuts was meant to be the markets' saving grace. It hasn't exactly turned out that way. Matt Maley , equity strategist at Miller Tabak, is trying to get to the bottom of the discrepancy. "Everybody's been saying, 'Don't worry, the earnings season is going to bail us out.' Sure enough we've had a fabulous earnings season so far," Maley told CNBC's " Trading Nation " on Tuesday. But the season "hasn't moved the S&P at all. In fact, the S&P is actually down slightly since the earnings season began." Tax cuts have so far delivered a big boost to corporate bottom lines this quarter. Of nearly two-thirds of the S&P 500 that have reported so far, earnings growth has averaged 27 percent in the first quarter, according to Thomson Reuters. That is higher than the initial estimates of 18 percent growth a month ago. While earnings have soared, the S&P 500 has plateaued. Since the big banks kicked off earnings in mid-April, the S&P 500 has dipped 0.3 percent. The problem is the stock market was priced to perfection coming into 2018, said Maley. Now, external factors are beginning to intrude on the fundamental bull case. "Things have changed since January, whether it be talk on trade, whether it be tech regulation, certainly the Fed has started to shrink its balance sheet in a more aggressive way," said Maley. "There's certain things that have made it a little bit tougher when we were priced for perfection like we were back in January." That has put a ton of pressure on the rest of the earnings season to beat estimates and raise guidance to appease an unimpressed market, according to his analysis. If the rest of earnings "can't be a catalyst to take the market higher, these other issues I think are going to reassert themselves and that could pose a problem for the market," he said. "The next week or so, maybe 10 days, will be very, very important." To Gina Sanchez , CEO of Chantico Global, last year's rally put stock valuations at untenable levels, setting the market up for a pullback or two. "A lot of those downside risks are really starting to get priced into the market," Sanchez told "Trading Nation." "That's healthy. This market has been stretched for some time." At the market's peak on Jan. 26, the S&P 500's price-to-earnings ratio climbed to 18.6 times forward earnings. Sell-offs in early February and mid-March have pulled its multiple down to around 16. The market's mindset also explains the disconnect between this earnings season and the S&P 500's subdued reaction, Maley said. "Last year we had a situation where good news, bad news, no matter what, the market went up. Now not so much. So the psychology is starting to change a little bit," he said. The S&P 500 is down 0.7 percent so far in 2018. By this time last year, the benchmark index had rallied nearly 7 percent. Apple could move markets Wednesday after beating profit and revenue growth estimates in its fiscal second quarter. The closely watched metric of iPhone sales was slightly under expectations. The stock was up 4.3 percent in Wedneday's premarket. Vote Vote to see results Total Votes: Not a Scientific Survey. Results may not total 100% due to rounding. Disclaimer

https://www.cnbc.com/2018/05/02/earnings-are-blockbuster-but-markets-arent-listening-heres-why.html

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This self-driving 3D-printed boat could help ease traffic in cities with waterways

7 Hours Ago | 01:20 Researchers at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) and the Senseable City Lab in the Department of Urban Studies and Planning (DUSP) have designed a fleet of 3D-printed autonomous boats. In the future, the driverless boats could eventually taxi people and deliver goods. The four-by-two meter boat can be printed in about 60 hours and is equipped with a power supply, Wi-Fi, GPS and a microcontroller. Its rectangular shape allows it to move sideways and attach itself to other boats. The goal is to eventually program the boats to self-assemble into larger structures, like floating docks and concert stages. MIT says they can also be equipped to monitor a city's water quality.It's part of the "Roboat" project, a collaboration between the MIT Senseable City Lab and the Amsterdam Institute for Advanced Metropolitan Solutions (AMS). In 2016, a prototype was tested within Amsterdam's canal system to provide research on how urban waterways can be used more efficiently. Researchers say the next step is to develop controllers that adapt to different water currents and conditions.

https://www.cnbc.com/2018/05/31/mit-designed-self-driving-3d-printed-boats-that-could-reduce-traffic.html

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Future Farm Hires Consultants for Florida Application to Cultivate Cannabis

VANCOUVER, British Columbia, May 22, 2018 /PRNewswire/ -- Future Farm Technologies Inc. (the "Company" or "Future Farm") ( CSE: FFT ) ( OTCQX: FFRMF ) is pleased to provide an update with respect to its planned Florida application to cultivate cannabis at its 10-acre operating greenhouse in Apopka. Future Farm has retained the services of two strategic consultants, Michael Minardi and Brett Puffenbarger, to assist with its application to the Florida Department of Health. The goal is to submit the application after the newly released application form is made final. The Florida Department of Public Health has not stated when that will occur. There is a public hearing on the proposed new form scheduled for May 24, 2018. Michael Minardi, Esq. is an experienced Florida cannabis law attorney. He has counseled other applicants who successfully received licenses. Attorney Minardi is the campaign manager of Regulate Florida, part of the NORML legal committee, and serves as a board member of The Silver Tour, Minorities 4 Medical Marijuana and The Florida Cannabis Action Network. He is also a board member and legal director of NORML Florida. Brett Puffenbarger is a consultant to companies in the cannabis industry with extensive knowledge, contacts, and resources in all facets of the cannabis industry, from education to activism, extraction equipment to compliance. He is also a Marine Corps veteran. Mr. Puffenbarger has acted as General Manager of Florida's first dispensary and has been trained in cannabis business operations and software such as Biotrack THC, LightShade, and CultureED. Mr. Puffenbarger founded The Cannabis Consort and Professor Cannabis in order to provide patients, doctors, dispensaries and secondary market companies with the most up to date and easy to understand information regarding all aspects of the cannabis industry. "Our team already had a good start to the application, but we are excited to have the guidance and local expertise that Mike and Brett bring to our efforts," states Bill Gildea, Future Farm's CEO. Florida now has over 100,000 registered medical cannabis patients. The Florida Office of Medical Marijuana Use is currently processing over 2,000 applications per week and it is expected that the number will continue to grow significantly over the next few years. Much of that projected growth is believed to be due to the large number of retirees residing in Florida. Analysts have also predicted that the Florida cannabis market will grow to be second largest in the United States after California, which in the last quarter of 2017 represented 34% percent of legal cannabis sales in the US. Combined legal cannabis sales for Colorado, Washington and Oregon in the same period were 41% of the US total. While it prepares to file the application, Future Farm continues to operate and develop its 10-acre greenhouse in Apopka, Florida, which sells ornamental flowers to large retailers nationwide. The greenhouse is in a designated legal grow zone with proximity to Orlando, which has a local population of almost 2.5 million and attracts over 62 million visitors annually, making it a prime location. On behalf of the Board, Future Farm Technologies Inc. William Gildea, Chairman and CEO About Future Farm Technologies Inc. Future Farm is a Canadian company with holdings throughout North America including California, Massachusetts, Florida, Maine, Puerto Rico and Newfoundland. The Company's mission is to advance sustainable agriculture through production of wholesale and retail cannabis products, including hemp. As a leader in its field, Future Farm is committed to using only the highest quality processes and products. Towards this goal, the Company acquires or partners with licensed cannabis operators, and acquires or develops leading technologies in cannabis production, breeding, genetics, and Controlled Environment Agriculture (CEA). Future Farm's scalable, indoor CEA systems utilize minimal land, water and energy resources. The Company holds an exclusive, worldwide license to use a patented vertical farming technology that, when compared to traditional plant production methods, generates yields up to 10 times greater per square foot of land. Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. The Canadian Securities Exchange has not in any way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws. F or further information, contact: William Gildea Director +(888)387-3761 SOURCE Future Farm Technologies Inc.

http://www.cnbc.com/2018/05/22/pr-newswire-future-farm-hires-consultants-for-florida-application-to-cultivate-cannabis.html

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Fed's Brainard sees no compelling case for Fed digital currency

SAN FRANCISCO, May 15 (Reuters) - Delivering what may be one of the U.S. central bank's most detailed critiques of cryptocurrencies to date, Federal Reserve Governor Lael Brainard on Tuesday said digital coins pose "serious" challenges, and she all but dismissed the possibility that the Fed could enter the market. "There is no compelling demonstrated need for a Fed-issued digital currency," Brainard said in remarks prepared for delivery to a Fed conference in San Francisco that had not previously been publicized. "Although central bank digital currencies may be able to overcome some of the particular vulnerabilities that cryptocurrencies face, they too have significant challenges related to cybersecurity, money laundering, and the retail financial system." Entrepreneurs have created hundreds of new digital options beyond bitcoin that have so far largely escaped any concerted crackdown by regulators. Interest in the tokens is so widespread that San Francisco Fed President John Williams at a public appearance last month expressed surprise at not being asked about it, although eventually he was. St. Louis Fed President James Bullard on Monday even made an appearance at a conference on digital currencies, where he gave his own critique. Brainard's objections to currencies like bitcoin ran along lines that by now have become familiar but are noteworthy for their length and detail, and because they reveal the extent to which Fed officials are monitoring and doing research in the field. Bitcoin, Brainard said on Tuesday, is so volatile that its use as money is limited; the anonymity that is part of the design of digital currencies mean they can be easily used in money laundering; and the technology that governs them is not overseen by any higher authority, opening consumers to theft and mistakes that they can do little about. "Cryptocurrencies are strikingly innovative but also pose challenges associated with speculative dynamics, investor and consumer protections, and money-laundering risks," she said. Brainard tempered her criticism with a few remarks about the potential of the underlying technology to smooth payments and the possibility that digital coins could have limited application for bank-to-bank transactions, and some payments in financial markets. But while digital currencies are problematic, she said, they are currently so small a part of the overall financial system that they pose little stability risk. Overall, her remarks did not suggest the Fed believes digital currencies are ripe for consumer adoption. "In addition to losses, individual investors should be careful to understand the potential for other risks," Brainard said. (Reporting by Ann Saphir Editing by Leslie Adler)

https://www.cnbc.com/2018/05/15/reuters-america-feds-brainard-sees-no-compelling-case-for-fed-digital-currency.html

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Redwood Trust: 1Q Earnings Snapshot

MILL VALLEY, Calif. (AP) _ Redwood Trust Inc. (RWT) on Monday reported first-quarter net income of $47 million. The Mill Valley, California-based company said it had net income of 50 cents per share. Earnings, adjusted for non-recurring costs, were 60 cents per share. The specialty finance company posted revenue of $117 million in the period. Its adjusted revenue was $75 million. Redwood Trust shares have risen 6.5 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $15.78, a decline of 7 percent in the last 12 months. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on RWT at https://www.zacks.com/ap/RWT

https://www.cnbc.com/2018/05/07/the-associated-press-redwood-trust-1q-earnings-snapshot.html

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CNA Appoints Bruce Dmytrow to Senior Vice President, Healthcare

CHICAGO, May 17, 2018 /PRNewswire/ -- CNA today announced the appointment of Bruce Dmytrow to Senior Vice President, Healthcare. In this role, Dmytrow is responsible for the overall strategic leadership and direction of CNA's industry-leading Healthcare underwriting unit. He reports to Kevin Smith, President and Chief Operating Officer, CNA Specialty. Dmytrow joined CNA in 1995, most recently serving as Vice President for Aging Services and National Programs. Throughout his career at CNA, he has had oversight for CNA's enterprise-wide risk control strategic direction for Healthcare, Professional Services and Financial Institutions Customer Segments in the U.S., Canada and Europe. Prior to joining CNA, Dmytrow served as a Manager and Healthcare Consultant at MMI Companies, Inc., and Bio-Med Associates, Inc. Before his career in the insurance industry, Bruce served as a Medical Dosimetrist at the University of Chicago Hospitals and Northwestern Memorial Hospital, where he utilized his clinical experience to treat and manage oncology patients. "Bruce is a trusted leader and is well-known for his breadth and depth across the continuum of care, with expertise that extends from the traditional hospital/physician model to new and emerging healthcare delivery systems," Smith said. "Bruce's extensive knowledge and leadership capabilities, combined with CNA's more than 50 years of experience as a top underwriter of insurance solutions and services for healthcare companies, will enable us to better serve our more than one million healthcare customers." Dmytrow received a Bachelor of Science degree in Biology from Boston College. He received a postgraduate degree in Medical Radiation Dosimetry from Yale University Medical School/Yale-New Haven Hospital and a Master of Business Administration degree in Entrepreneurship from DePaul University. He also holds the Certified Professional in Healthcare Risk Management (CPHRM) designation, was an active member on several healthcare organization board of directors and advisory boards, is widely published and often Quote: d in industry journals. About CNA CNA is the eighth largest commercial insurer in the United States. CNA provides a broad range of standard and specialized property and casualty insurance products and services for businesses and professionals in the U.S., Canada, Europe and Asia, backed by 120 years of experience and more than $45 billion of assets. For more information about CNA, visit our website at www.cna.com . Follow CNA (NYSE: CNA) on: Facebook | Twitter | LinkedIn | YouTube Press Contacts: Brandon Davis CNA Brandon.Davis@cna.com 312-822-5167 / 773-383-7166 View original content with multimedia: http://www.prnewswire.com/news-releases/cna-appoints-bruce-dmytrow-to-senior-vice-president-healthcare-300650185.html SOURCE CNA

http://www.cnbc.com/2018/05/17/pr-newswire-cna-appoints-bruce-dmytrow-to-senior-vice-president-healthcare.html

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UPDATE 3-Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions

sanctions@ * Brent back below $80 after breaking through on previous day * Surge in U.S. production to offset some disruptions * High oil prices could also dent crude demand (Updates prices) SINGAPORE, May 18 (Reuters) - Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC and looming U.S. sanctions against major crude exporter Iran. But markets remained below multi-year highs from the previous day as surging output from the United States is expected to offset at least some of the shortfalls. Brent crude futures were at $79.55 per barrel at 0651 GMT, up 25 cents, or 0.3 percent, from their last close. Brent broke through $80 for the first time since November 2014 on Thursday. U.S. West Texas Intermediate (WTI) crude futures were at $71.65 a barrel, up 16 cents, or 0.2 percent, from their last settlement. Crude prices have received broad support from voluntary supply cuts led by the Organization of the Petroleum Exporting Countries (OPEC) aimed at tightening the market. "Global inventories are approaching long-run averages, suggesting that the coordinated OPEC/non-OPEC supply cuts have been successful," said Jack Allardyce, oil and gas research analyst at Cantor Fitzgerald. Beyond OPEC's cuts, strong demand as well as falling output from Venezuela and a U.S. announcement earlier this month to renew sanctions against OPEC-member Iran helped push up Brent by 20 percent since the start of the year. U.S. investment bank Jefferies said sanctions against Iran could remove more than 1 million barrels per day (bpd) from the market. Britain's Barclays bank said on Friday that it expected average prices of $70 per barrel Brent for this year and of $65 a barrel for 2019, up from estimates of $63 and $60 per barrel previously. With crude prices at levels not seen since late 2014, Allardyce warned the high fuel costs could start crimping consumption. At $80 per barrel, Asia's thirst for oil costs the region a whopping $1 trillion a year, more than twice what it was in 2015/2016, the two years prior to the OPEC-cuts which started in 2017. "Higher oil prices due to tighter physical markets and geopolitical tensions could weigh significantly on the macro outlook for emerging market Asia countries," Barclays said. LONGER-TERM The crude forward curve is in firm backwardation, a structure that suggests a tight market as prices for immediate delivery are higher than those for later dispatch. Front-month Brent prices are now almost $2.60 per barrel more expensive than those for delivery in December. "Longer-dated (crude) futures ... remain in backwardation, driven by confidence in indefatigable U.S. shale producers," U.S. firm Height Securities said in a note, although it warned that strong demand as well as looming disruptions due to renewed U.S. sanctions against Iran and falling output in Venezuela could soon start lifting the crude forward curve too. U.S. crude oil production <C-OUT-T-EIA> has soared by more than a quarter in the last two years, to a record 10.72 million bpd. As a result of its surging production, U.S. crude is increasingly appearing on global markets as exports. (Reporting by Henning Gloystein Editing by Joseph Radford and Richard Pullin)

https://www.cnbc.com/2018/05/18/reuters-america-update-3-oil-prices-firm-on-opec-cuts-strong-demand-and-looming-iran-sanctions.html

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Gold Rises After U.S. CPI Report

Gold prices climbed Thursday with the dollar sliding after data showed U.S. consumer prices rose less than expected in April, though on an annual basis, inflation showed signs of firming. Front-month gold for May delivery rose 0.7% to $1,320.80 a troy ounce on the Comex division of the New York Mercantile Exchange to snap a three-session losing streak. Prices have stayed between about $1,305 and $1,360 this year, moving within that range based on safe-haven demand, swings in the dollar and worries about higher interest rates. ... To Read the Full Story Subscribe Sign In

https://www.wsj.com/articles/gold-rises-after-softer-than-expected-u-s-cpi-report-1525959997

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Syndax to Announce First Quarter 2018 Financial Results and Host Conference Call and Webcast on May 8, 2018

WALTHAM, Mass., May 1, 2018 /PRNewswire/ -- Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq: SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, announced today that it will release its first quarter 2018 financial results on Tuesday, May 8, 2018, after the close of the U.S. financial markets. In connection with the earnings release, Syndax's management team will host a conference call and live audio webcast at 4:30 p.m. ET on Tuesday, May 8, 2018, to discuss the Company's financial results and provide a general business update. The live audio webcast and accompanying slides may be accessed through the Events & Presentations page in the Investors section of the Company's website at www.syndax.com . Alternatively, the conference call may be accessed through the following: Conference ID: 7087078 Domestic Dial-in Number: 1-855-251-6663 International Dial-in Number: 281-542-4259 Live webcast: https://edge.media-server.com/m6/p/f5ppmzsd For those unable to participate in the conference call or webcast, a replay will be available for 30 days on the Investors section of the Company's website, www.syndax.com . About Syndax Pharmaceuticals, Inc. Syndax Pharmaceuticals is a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies. The Company is developing its lead product candidate, entinostat, a once-weekly, oral, small molecule, class I HDAC inhibitor, in combination with exemestane and several approved PD-1/PD-L1 antagonists. The Company's pipeline also includes SNDX-6352, a monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor, as well as a portfolio of potent and selective inhibitors targeting the binding interaction of Menin with MLLr. For more information, please visit www.syndax.com or follow the Company on Twitter and LinkedIn . Syndax's Cautionary Note on Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "will," "expect," "plan," "anticipate," "estimate," "intend," "believe" and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. These forward-looking statements are based on Syndax's expectations and assumptions as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Actual results may differ materially from these forward-looking statements. Forward-looking statements contained in this press release include, but are not limited to, statements about the progress, timing, clinical development and scope of clinical trials and the reporting of clinical data for Syndax's product candidates, and the potential use of our product candidates to treat various cancer indications. Many factors may cause differences between current expectations and actual results including unexpected safety or efficacy data observed during preclinical or clinical studies, clinical trial site activation or enrollment rates that are lower than expected, changes in expected or existing competition, changes in the regulatory environment, failure of Syndax's collaborators to support or advance collaborations or product candidates and unexpected litigation or other disputes. Other factors that may cause Syndax's actual results to differ from those expressed or implied in the forward-looking statements in this press release are discussed in Syndax's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" sections contained therein. Except as required by law, Syndax assumes no obligation to update any forward-looking statements contained herein to reflect any change in expectations, even as new information becomes available. Syndax Contacts Investor Contact Melissa Forst Argot Partners melissa@argotpartners.com Tel 212.600.1902 Media Contact David Rosen Argot Partners david.rosen@argotpartners.com Tel 212.600.1902 SNDX-G View original content: http://www.prnewswire.com/news-releases/syndax-to-announce-first-quarter-2018-financial-results-and-host-conference-call-and-webcast-on-may-8-2018-300639338.html SOURCE Syndax Pharmaceuticals, Inc.

http://www.cnbc.com/2018/05/01/pr-newswire-syndax-to-announce-first-quarter-2018-financial-results-and-host-conference-call-and-webcast-on-may-8-2018.html

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Steward Partners Global Advisory Hires Christopher Davis as Divisional President for New York and New Jersey

NEW YORK, May 16, 2018 /PRNewswire/ -- Steward Partners Global Advisory LLC, an employee-owned, full service independent partnership associated with Raymond James Financial Services, Inc. (member FINRA/SIPC), announced today that Christopher Davis has joined Steward Partners as Divisional President. Davis has more than 30 years of senior leadership experience in the financial services industry, most recently serving as a Market Manager for Wells Fargo on Long Island, NY, where he oversaw more than 190 brokers, 8 offices, and $17 billion in client assets. "Chris is an amazing talent with a deep understanding of the New York and New Jersey financial landscape," said Steward Partners' President Hy Saporta. "Steward is growing in the northeast faster than ever and having someone like Chris at the helm will help ensure our future success in the region. We are excited to welcome him to the team and look forward supporting him in his new role." As Divisional President of New York and New Jersey, Davis will oversee the growth and development of Steward's existing markets in the two states, which include Paramus and Morristown, NJ, and New York City, NY, as well as future Steward locations planned for the area. As part of his responsibilities, Davis will coordinate team strategy and training, oversee support for Steward's advisory teams and direct team growth and succession opportunities. "Steward Partners' vision to change the traditional financial advisor experience was one of the reasons why this was an easy decision for me," added Davis. "The firm's growth has been virtually unmatched, and with the support of such a strong management team and an ally like Raymond James, I couldn't be more excited for what the future holds." About Steward Partners Global Advisory With offices in Albany, N.Y., Andover and Boston, Mass., Baltimore and Bethesda, Md., Clearwater, Fla., Keene, Manchester and Portsmouth, N.H., Paramus and Morristown N.J., Houston, Tex., Richmond, Va., New York City and Washington, D.C., Steward Partners Global Advisory, LLC, is an employee-owned, full-service independent partnership catering to family, institutional and multigenerational wealth. For more information, visit us at www.stewardpartners.com . About Raymond James Financial Services, Inc. Raymond James Financial Services, Inc. is a financial services firm supporting more than 4,300 independent financial advisors nationwide. Since 1974, Raymond James Financial Services Inc., member FINRA/SIPC, has provided a wide range of investment and wealth planning related services through its affiliate, Raymond James & Associates, Inc., member New York Stock Exchange/SIPC. Both broker/dealers are wholly owned subsidiaries of Raymond James Financial, Inc. (NYSE: RJF) a leading diversified financial services company with approximately 7,600 financial advisors in 3,000 locations throughout the United States, Canada and overseas. Total client assets are $730 billion. Steward Partners Holdings and Steward Partners Global Advisory, LLC maintain a separate professional business relationship with, and our registered professionals offer securities through, Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Steward Partners Investment Advisory, LLC, 1776 I Street NW, Suite 700, Washington, DC 20006. Toll Free: (844) 801-8268. Press Contact: Reed Schneider 212-343-2363 reed@w.group View original content: http://www.prnewswire.com/news-releases/steward-partners-global-advisory-hires-christopher-davis-as-divisional-president-for-new-york-and-new-jersey-300649676.html SOURCE Steward Partners Global Advisory, LLC

http://www.cnbc.com/2018/05/16/pr-newswire-steward-partners-global-advisory-hires-christopher-davis-as-divisional-president-for-new-york-and-new-jersey.html

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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.08 Per Share

EASTON, Md., May 9, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.08 per share, payable May 31, 2018 to stockholders of record on May 15, 2018. "We are pleased to announce the continuation of our quarterly cash dividend and an increase to $0.08 per share." said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer. "The first quarter of 2018 was a profitable quarter for all of our business lines and we are happy to share that with our shareholders." Shore Bancshares Information Shore Bancshares, Inc. is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. It is the parent company of Shore United Bank; one retail insurance producer firm, The Avon-Dixon Agency, LLC ("Avon-Dixon"), with two specialty lines, Elliott Wilson Insurance (Trucking) and Jack Martin Associates (Marine); and an insurance premium finance company, Mubell Finance, LLC ("Mubell"). Shore Bancshares Inc. engages in trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank. Additional information is available at www.shorebancshares.com . Additional information is available at www.shorebancshares.com . Forward-Looking Statements The statements contained herein that are not historical facts are (as defined by the Private Securities Litigation Reform Act of 1995) based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. There can be no assurance that future developments affecting the Company will be the same as those anticipated by management. These statements are evidenced by terms such as "anticipate," "estimate," "should," "expect," "believe," "intend," and similar expressions. Although these statements reflect management's good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. These projections involve risk and uncertainties that could cause actual results to differ materially from those addressed in the . For a discussion of these risks and uncertainties, see the section of the periodic reports filed by Shore Bancshares, Inc. with the Securities and Exchange Commission entitled "Risk Factors". The Company specifically disclaims any obligation to update any factors or to publicly announce the result of revisions to any of the included herein to reflect future events or developments. View original content: http://www.prnewswire.com/news-releases/shore-bancshares-inc-reports-quarterly-dividend-of-0-08-per-share-300645742.html SOURCE Shore Bancshares, Inc.

http://www.cnbc.com/2018/05/09/pr-newswire-shore-bancshares-inc-reports-quarterly-dividend-of-0-point-08-per-share.html

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Fusion Bank Appoints Regional Sales Manager for Michigan and Illinois

LAS VEGAS, May 11, 2018 /PRNewswire/ -- As Fusion Bank continues its steady rise as an emerging cannabis banking solution and cash and treasury management service, each week brings with it the announcement of fresh faces within the organization's structure. This week, Fusion Bank has appointed experienced banking and loans veteran Beth McCoy as Regional Sales Manager in Michigan and Illinois. "I am thrilled to be on the ground-floor of such an awesome banking solution for the cannabis industry. With the structured business model in place, I feel we can make a major impact, helping this industry to grow," says Ms. McCoy. Beth McCoy, who lives in Clarkton Michigan, has over 25 years' experience in mortgage banking in both sales and operations, taking care of tasks such as pipeline management, monitoring loans from disclosure to close, and facilitating loans closing smoothly and on-time, all the while adhering to compliance regulations and applicable guidelines. Ms. McCoy began her career as a closer, back in 1983 in San Diego, CA. From there, she's worked for FNMA as a quality control auditor in Houston TX, at Countrywide Home Loans as a processor, and then an underwriter assistant in Novi, MI. She became a loan originator for Direct Mortgage Lending (Holly, MI) and Golden Mortgage Corp (Bloomfield Hills, MI). Thereafter and until most recently, Ms. McCoy was a team leader in sales and then transferred to loan manager at Summit Funding Inc., the Nashville branch. She currently lives in Michigan where she will be spearheading sales for Fusion Bank in her home state and its neighbor, Illinois. When asked about her daily responsibilities, which have already begun, Beth McCoy reported: "I have been calling on licensed dispensaries and laboratories, as well as grow operations in the Michigan and Illinois area, while also helping to manage Fusion Bank's existing list of customers." She is also heavily involved in ironing out the day-to-day operational kinks as they arise and as the company launches in states where cannabis has been legalized. About Fusion Bank Fusion Bank is an innovative cash and treasury management solution that operates in compliance with the required government and central bank regulations. This members-only financial institution is licensed under the Bahamas-based Sovereign Friendly Society and provides safe, legal, and ethical financial, cash, and treasury management services to licensed cannabis operators, ancillary service providers, and qualified cannabis friendly members around the globe, including cultivators, grower industry supporters, patients, healthcare providers, lobbyists, and more. Contact: For information, please email NewAccounts@FusionBank.us call +1-866-347-3321 or visit Fusion Bank to Register for a Bank Account . SOURCE Fusion Bank

http://www.cnbc.com/2018/05/11/pr-newswire-fusion-bank-appoints-regional-sales-manager-for-michigan-and-illinois.html

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Second Sight Medical Products: 1Q Earnings Snapshot

SYLMAR, Calif. (AP) _ Second Sight Medical Products Inc. (EYES) on Thursday reported a loss of $9.8 million in its first quarter. The Sylmar, California-based company said it had a loss of 17 cents per share. Losses, adjusted for one-time gains and costs, were 14 cents per share. The maker of camera-based retinal implants posted revenue of $976,000 in the period. In the final minutes of trading on Thursday, the company's shares hit $1.93. A year ago, they were trading at $1.19. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on EYES at https://www.zacks.com/ap/EYES

https://www.cnbc.com/2018/05/10/the-associated-press-second-sight-medical-products-1q-earnings-snapshot.html

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KT Corp. Files 2017 Annual Report on Form 20-F

SEOUL, South Korea, May 9, 2018 /PRNewswire/ -- KT Corp. (NYSE:KT), South Korea's largest telephone and Internet company, announced today that it has filed its Annual Report on Form 20-F for the year ended December 31, 2017 with the Securities and Exchange Commission of the United States. The report can be accessed on KT's English website at https://corp.kt.com/eng in the Investors section under Business Report as well as the SEC's Edgar database at www.sec.gov . Shareholders may also request a hard copy of the Annual Report that includes audited financial statements of 2017, free of charge, by sending an e-mail to the Company's IR department at ktir@kt.com . About KT Corp. (NYSE: KT) KT Corporation, Korea's largest comprehensive communication operator reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world's most connected country. The company leads the 4 th industrial revolution with high speed wire/wireless network and innovative ICT technology. Expanding 4.5 million fixed lines to 20 million in just 12 years, with first introducing 5G broad-scale trial service in 2018, KT also keep bring essential products and services to customers to be No.1 ICT Company and People's Company. Forward-Looking Statements This communication contains "forward-looking statements" that are based on our current expectations, assumptions, estimates and projections about us and the industries in which we operate. The forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "project," "should," and similar expressions. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. We caution you that reliance on any forward-looking statement involves risks and uncertainties, and that although we believe that the assumptions on which our forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate, and, as a result, the forward-looking statements based on those assumptions could be incorrect. The uncertainties in this regard include, but are not limited to, those identified in the risk factors discussed above. In light of these and other uncertainties, you should not conclude that we will necessarily achieve any plans and objectives or projected financial results referred to in any of the forward-looking statements. We do not undertake to release the results of any revisions of these forward-looking statements to reflect future events or circumstances. For investor inquiries, please contact: Sunyoung Park IR Manager, KT Corp. Tel : +82 (2) 3495-3595 Email: park.sunyoung@kt.com View original content: http://www.prnewswire.com/news-releases/kt-corp-files-2017-annual-report-on-form-20-f-300645258.html SOURCE KT Corp.

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Dollar rallies to highs of year as breakout gains momentum

Market Insider Dollar rallies to highs of year as breakout gains momentum With stronger U.S. growth and rising interest rates, the dollar has staged a surprise rally and could be setting up for a bigger run. A better tone on trade issues and rising interest rates are two factors driving the dollar higher, as is a stronger U.S. economy. The dollar broke its 200-day moving average and the euro broke a key psychological level. CNBC.com Mohamed Abd El Ghany | Reuters After a few baby steps, the dollar is starting to look like it could be getting ready to sprint . With stronger U.S. growth and rising interest rates, the dollar has staged a surprise rally and could be setting up for a bigger run. The dollar's move has not been huge, but it has been impressive. The dollar index is up 3.4 percent in just two weeks, and was up 0.7 percent Tuesday, as it smashed through the technically important 200-day moving average at 91.98. By late afternoon, it was trading at 92.56, near the highs of the year, going back to January. "The dollar could be on a firming trend for the next six months," said Robert Sinche, chief global strategist at Amherst Pierpont. He said the dollar is being supported by the 'classic mix' of firming monetary policy and the expected kick to the U.S. economy from fiscal stimulus. The euro also slid through $1.20, a psychological support level, and it was trading Tuesday just above a key retracement level at $1.1935. "If you look at the dollar downdraft since the Trump election, you had the rally immediately into mid November, 2016. You've broken the down trend line we had from December, 2016. If you think this is a break of the dollar downtrend, it's constructive and a bigger deal," said Alan Ruskin, Deutsche Bank global co-head of foreign exchange strategy. But Ruskin cautioned the moves aren't big and they could easily reverse. The dollar has a few things working on its side this week, including the Fed's two-day meeting. The Fed is not expected to raise interest rates but it is expected to give a nod to firming inflation. Rising inflation means the Fed will be more comfortable raising rates, and that's a dollar positive. The fact that the Trump administration has extended exemptions on steel and aluminum tariffs is another positive, since protectionism is a negative for the green back and had been seen as a factor holding it back. Sinche said the foreign exchange market is closely monitoring the trip to China this week by Treasury Secretary Steven Mnuchin and others. They are expected to discuss trade and it is hoped that the trip will end with a willingness by the administration to hold off on slapping China with tariffs. China has said it would retaliate. "If that goes well, I think that lowers the whole tension level. I think there's a lot of things that the market has been wary of in terms of administration policy. If the China trip goes well, that opens up the avenue for more U.S. exports. You have fiscal stimulus coming in. You have a lot of reasons to think a lot of the concerns about the dollar could begin to fade into the background," Sinche said. Strategists point to interest rate differentials and Fed policy as major drivers. Higher U.S. rates and a proactive central bank, which is on a tightening path, should provide support to the currency. Sinche said the dollar, given the right conditions could reach 100, another 8 percent move and a level it has not touched in a full year. "'You have to see. If it goes up too quickly and wehter the presidnet says somethign about it. There's always the risk that he's going to say something.. that he doesn't like it," said Sinche.

https://www.cnbc.com/2018/05/01/dollar-rallies-to-highs-of-year-as-breakout-gains-momentum.html

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Nita Summers Max Named Director of Sales For Nestler Poletto Sotheby's International Realty

BOCA RATON, Fla., May 2, 2018 /PRNewswire/ -- Nestler Poletto Sotheby's International Realty is pleased to announce Nita Summers Max , a real estate industry veteran, has been named director of sales. Since entering the industry in the 1980s, Summers Max has been a leading listing agent and resale specialist in both Florida and New York and has spent the majority of her career as managing broker for several top real estate offices in both states. Prior to being promoted to her new position, Summers Max spent two years as an agent at Nestler Poletto Sotheby's International Realty where she represented buyers and sellers in the South Florida luxury markets, including Marrano Marc Equities in the sell-out of its new oceanfront 1200 Hillsboro Mile condominium offering in Hillsboro Beach. "Nita has a proven record of success in the industry and brings a style of management that is consistent with the leadership that we have offered our sales associates, and all whom we have represented for the past 28 years," said John Poletto who, along with Mark Nestler are co-founders and owners of the company. "Nita intimately knows our market from just north of Fort Lauderdale to Manalapan, from the ocean to the everglades. She knows the wants and needs of our sellers and buyers, and most importantly, our sales associates," according to Mark Nestler. In her new role, Summers Max will be supporting the existing team of Nestler Poletto Sotheby's International Realty associates and continue the recruitment of high-caliber agents to the firm. "Management is my passion," she said. "I love coaching the associates and bringing qualified agents to the Sotheby's International Realty team. I enjoy mentoring and helping each person develop their business." Active in the South Florida community, Summers Max founded the Women's Council of Realtors of Palm Beaches Toastmasters Club, supports many local charities including the March of Dimes, Charles E. Schmidt College of Medicine at Florida Atlantic University in Boca Raton, the National Inclusion Project, and several animal rescue organizations. She is married to South Florida restaurateur Dennis Max. Specializing in luxury homes, country club communities, Intracoastal and oceanfront homes and condominiums, Nestler Poletto Sotheby's International Realty is part of the Sotheby's International Realty network, which has more than 930 offices in 69 countries and 22,000 sales associates worldwide. For more information visit npsir.com or call the Boca office at 561-997-7227 or the Delray office at 561-381-9090. View original content with multimedia: http://www.prnewswire.com/news-releases/nita-summers-max-named-director-of-sales-for-nestler-poletto-sothebys-international-realty-300640222.html SOURCE Nestler Poletto Sotheby's International Realty

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Italy poll shows support for right-wing League up, 5-Star steady

May 30, 2018 / 6:51 AM / Updated 24 minutes ago Italy poll shows support for right-wing League up, 5-Star steady Reuters Staff 1 Min Read ROME (Reuters) - An Italian opinion poll published on Wednesday showed support for the right-wing League party up eight percent to 25.4 percent compared to is result at the March 4 elections. League party leader Matteo Salvini speaks at the media after a round of consultations with Italy's newly appointed Prime Minister Giuseppe Conte at the Lower House in Rome, Italy, May 24, 2018. REUTERS/Tony Gentile/File Photo The IPSOS poll in the Corriere della Sera newspaper also showed support for the 5-Star Movement holding steady at about 32.6 percent. Another poll on Monday showed the League jumping 10 points to 27.5 percent and the 5-Star falling about three points to 29.5 percent. In both cases, the two would have a majority in parliament if they decided to join forces as they did after the March vote. Reporting By Philip Pullella

https://www.reuters.com/article/us-italy-politics-poll/italy-poll-shows-support-for-right-wing-league-up-5-star-steady-idUSKCN1IV0LN

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Tennis: Great Dane Wozniacki in solid form early in Paris

May 28, 2018 / 4:14 PM / Updated 12 minutes ago Tennis: Great Dane Wozniacki in solid form early in Paris Ossian Shine 1 Min Read PARIS (Reuters) - The most recently minted Grand Slam champion in tennis booked her second round French Open slot on Monday as Caroline Wozniacki overcame a stuttering start to beat Danielle Collins 7-6(2) 6-1 in Paris. Tennis - French Open - Roland Garros, Paris, France - May 28, 2018 Denmark's Caroline Wozniacki in action during her first round match against Danielle Collins of the U.S REUTERS/Gonzalo Fuentes The Dane, who landed her first major at the Australian Open earlier this year in what was her 43rd Grand Slam attempt, generally prefers faster surfaces, but looked increasingly at ease once she had ironed out some early glitches. Collins, coming into this tournament on a career-high ranking of 42, fought throughout but was unable to hold off Wozniacki who won on a bizarre point after the umpire ruled a Collins shot had been long while the American, her back turned, was preparing to play on. Seeded two here, Wozniacki is one of six players who could end the tournament world number one. Editing by Christian Radnedge

https://www.reuters.com/article/us-tennis-frenchopen-wozniacki/tennis-great-dane-wozniacki-in-solid-form-early-in-paris-idUSKCN1IT1NS

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NRL Federal Credit Union names new CEO

ALEXANDRIA, Va., May 22, 2018 /PRNewswire/ -- NRL Federal Credit Union launched into an exciting era today with the announcement of new CEO Kristin Shultz. NRLFCU, with assets of $465 million and more than 23,000 members, selected Shultz upon the retirement of Linda Powell, who served NRLFCU for 16 years, including the last three years as CEO. "The Board of Directors is excited to begin a new chapter with Kristin Shultz as she takes up the reins as our new CEO. She brings continuity from her experience as COO, and we're exceedingly confident in her abilities to take us forward into the exciting times ahead," Dr. Richard Bevilacqua, Chairman. The credit union headquartered in Alexandria, Virginia, chose Shultz based on her extensive experience in the financial industry, as well as her proven leadership in her most recent role as Chief Operations Officer. During her first year as COO, the credit union saw loans grow more than 7.5% and membership by nearly 15%. She also oversaw multiple technology projects and hired a first-class team of executives. With more than 25 years of financial industry insight, Shultz brings unparalleled experience coupled with unbridled enthusiasm to her new role. "NRL Federal Credit Union is poised for greatness. Our credit union is ready to grow and to bring enhanced services, products, and experiences to our members," said Shultz. "I envision the credit union to remain financially strong and sustainable and to be recognized as a top employer." Shultz has a BA in Economics from University of Virginia and an MBA from Virginia Tech. Her career has included serving in nearly every leadership role in a credit union including Consumer Lending, Real Estate Lending, Retail Branches, Communication Center, eCommerce, Information Technology, Debt Management, Facilities, Marketing, Operations, and Card Services. Shultz says she will pay homage to the past but will keep a sharp eye to the future. She says the credit union is "informed by the past, inspired by possibility, and driven to discover." About NRL Federal Credit Union Founded in 1946 to serve the Naval Research Lab, NRLFCU is now a strong $465 million financial institution serving more than 23,000 members. Membership is open to employees of the Naval Research Laboratory and members of the American Consumer Council. For more information, visit NRLFCU.org . View original content with multimedia: http://www.prnewswire.com/news-releases/nrl-federal-credit-union-names-new-ceo-300653130.html SOURCE NRL Federal Credit Union

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UPDATE 2-Cloud storage firm Box's revenue edges past estimates

* Q1 loss smaller than expected * Sales and marketing spend increases 9 pct * Shares fall 5 pct in extended trading after Q2 forecast (Adds CEO comments, updates share move) May 30 (Reuters) - Cloud storage provider Box Inc reported first-quarter revenue that edged past Wall Street estimates amid a ramp-up in spending to attract paying customers. However, Box's shares, which have risen nearly 45 percent in the last 12 months, fell 5 percent in extended trading after the company issued a conservative second-quarter forecast. "I think investors are always ... looking for us to continue to raise guidance ... We think that makes sense but obviously we want to guide to numbers we feel very comfortable and confident," Chief Executive Officer Aaron Levie told Reuters. Box forecast second-quarter revenue at between $146 million and $147 million. Analysts on average were expecting $146.1 million, according to Thomson Reuters I/B/E/S. The company also said it has been investing in cyber security, compliance and administrative technology and plans to add more sales personnel as it expands in markets such as Germany, Australia and Canada. "The growth rates of those markets are still lower because of how early we are building out our presence ... But we do expect they will be able to increase in the near future," Levie said. Box, which competes with Dropbox Inc, Microsoft Corp's OneDrive and Google's Drive, said its revenue rose 20 percent to $140.5 million in the quarter ended April 30. Dropbox beat expectations for quarterly results and topped estimates for paying subscribers in its first financial report as a publicly traded company earlier this month. Box signed 85,000 paying customers in the first quarter, up from 82,000 in the fourth quarter, but also spent 9 percent more from last year to attract them. Net loss attributable to Box's shareholders narrowed to $36.6 million, or 26 cents per share, from $40.1 million, or 30 cents per share. Excluding items, the Redwood City, California-based company lost 7 cents per share. Analysts had expected revenue of $139.7 million and a loss of 8 cents per share. (Reporting by Arjun Panchadar in Bengaluru; Editing by Maju Samuel)

https://www.cnbc.com/2018/05/30/reuters-america-update-2-cloud-storage-firm-boxs-revenue-edges-past-estimates.html

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This cruise ship is trying to beat out Carnival and Royal Caribbean

The Norwegian Bliss is the latest ship to join the company's fleet. But it's not just carrying guests across the seas, it's also bringing along a race track. The Bliss is loaded with a wide range of features to keep guests busy while cruising to their next destination. The Bliss cost about $1 billion to build and is setting its sights to dethrone Carnival and Royal Caribbean. "The cruise industry is growing like a weed and every ship is full to the hilt. Every cruise line company is reporting record profits," said Frank Del Rio, CEO of Norwegian Cruise Line Holdings. According to Cruise Line International Association, more than 25 million people boarded cruise liners in 2017. That number is expected to hit more than 27 million in 2018. To accommodate the influx of new and returning customers, cruise lines aren't just building bigger ships; they're building more of them. There are more than 80 new ships that are currently in development. 27 of those ships are expected to hit the seas this year. The cruise market totals close to $41.1 billion in wages and salaries. As for Carnival, Royal Caribbean and Norwegian; they control close to 80 percent of the cruise market space.

https://www.cnbc.com/2018/05/06/this-cruise-ship-is-trying-to-beat-out-carnival-and-royal-caribbean.html

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SunPower CFO Announces Departure, New CFO Named

SAN JOSE, Calif., May 2, 2018 /PRNewswire/ -- SunPower Corporation (NASDAQ:SPWR) today announced that Chief Financial Officer (CFO) Chuck Boynton will transition out of SunPower to spend time with his family, in advance of pursuing career opportunities later this year. Boynton agreed to continue as Chief Executive Officer (CEO) of 8point3 Energy Partners through the sale. The company has named Manavendra Sial, an experienced business, operations and financial leader, as its new CFO, effective following the filing of SunPower's first-quarter 10-Q. He will lead SunPower's global finance, planning and accounting organizations. Boynton will transition responsibilities to Sial over the next couple months. "During his eight years with SunPower, Chuck has worked tirelessly, providing strong leadership during a period of industry change and helping SunPower grow significantly," said SunPower CEO and Chairman of the Board Tom Werner. "Chuck has been an invaluable partner to me, leading many strategic transactions, providing thought leadership and disciplined financial acumen to SunPower. He will conclude his time with SunPower closing the sale of 8point3 Energy Partners along with completing the sale of other assets, which will improve our liquidity, allow us to delever our balance sheet and provide the resources necessary to further invest in our core growth initiatives. We thank him for his many contributions to SunPower and wish him the best with his future endeavors." Sial, SunPower's newly named CFO, brings more than 20 years of global experience, including in operational finance, general management and financial planning and analysis. He most recently served as CFO for VECTRA, a $1 billion technology-driven diversified industry business, which was a portfolio company of certain funds managed by affiliates of Apollo Global Management, LLC. During his time with VECTRA, Sial leveraged his organizational expertise to drive top-line growth, increase margins and improve cash generation, while implementing initiatives to simplify the company's decision-making processes. "Manavendra brings a great breadth of experience to SunPower, with a track record of driving top-line growth, and improving margins and cash," Werner said. "His knowledge of the energy business will allow him to bring value to the position on day one and continue our prioritization of financial operations and cost savings programs." Prior to VECTRA, Sial was with SunEdison in various global finance and operations leadership roles from 2011 to 2015 including CFO of MEMC's solar energy and materials divisions. He spent 11 years with General Electric (GE) in a variety of roles, from FP&A leader for the Energy Services unit to CFO of Power Delivery for GE's Transmission and Distribution group. He earned his MBA from Duke University's Fuqua School of Business and his Bachelor of Commerce from Delhi University in India. Year-to-date, SunPower has made significant strides to simplify its business, improve liquidity and return to sustained profitability. The company continues to see tremendous growth potential and is structuring the business to profitably capitalize on this. For the first-quarter 2018, SunPower exceeded its revenue, gross margin and Adjusted EBITDA guidance. The company will provide additional details related to financial performance on its May 8, 2018 earnings call. About SunPower As one of the world's most innovative and sustainable energy companies, SunPower (NASDAQ:SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, and North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com . Forward-Looking Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding transition timing and expectations, our expectations regarding our strategic transactions and initiatives, and our expectations regarding growth and profitability. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to the continued contributions of our key personnel, challenges managing our joint ventures and partnerships, the risk that we may not be able to successfully monetize our interest in 8point3 Energy Partners, our ability to successfully implement actions to streamline our business and focus, competition in the solar and general energy industry and downward pressure on selling prices and wholesale energy pricing, our liquidity, substantial indebtedness, and ability to obtain additional financing for our projects and customers, and changes in public policy, including the imposition and applicability of tariffs pursuant to the Section 201 trade action and the process for exemptions. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission (SEC) from time to time, including our most recent report on Form 10-K, particularly under the heading "Risk Factors." Copies of these filings are available online from the SEC or on the SEC Filings section of our Investor Relations website at investors.sunpower.com . All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events. View original content with multimedia: http://www.prnewswire.com/news-releases/sunpower-cfo-announces-departure-new-cfo-named-300641499.html SOURCE SunPower Corp.

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BitBox, A Compass Datacenters Company, Expands Leadership Team To Support Rapid Growth

DALLAS, May 8, 2018 /PRNewswire/ -- Compass Edge Solutions has expanded its leadership team today with the promotion of Luke Dalske to Vice President of BitBox Deployment & Integration and Dan Cernogorsky to Senior Director, BitBox Software Development. Both will report directly to Compass Edge Solutions head Jon Trout and play key roles in Compass Edge Solutions' success. The BitBox platform simplifies the deployment, integration, monitoring and maintenance of distributed infrastructure from the core to the edge. Dalske oversees deployment of the BitBox monitoring platform and integration. He comes with 15 years of power monitoring, generator control systems, PLC and SCADA experience. Prior to joining Compass Edge Solutions, Dalske spent nine years with Schneider Electric in its professional services division where he led sales engineering, data center systems design and implementation. Cernogorsky oversees BitBox software engineering and development efforts. He brings nearly 20 years of data center systems integration, systems engineering, DCIM and custom software development experience. Prior to joining Compass Edge Solutions, Cernogorsky held software infrastructure management roles at Facebook, Hoffman Building Technologies, Siemens and Bellsouth. "Deploying, integrating, monitoring and maintaining distributed infrastructure is growing more complex with edge computing. The BitBox platform reduces this complexity regardless of infrastructure's location, size or manufacturer. Luke and Dan have been key elements of our success and their promotion to senior leadership roles allows us to continue providing our industry leading solutions," said Trout. "When we acquired BitBox and Edgepoint in December, the edge grabbed the headlines, but infrastructure management is just as critical, with significant innovation opportunities," said Chris Crosby, Compass Datacenters CEO. "Anyone who has been in our industry for ten minutes knows how difficult it is to monitor and manage traditional core data centers. This task becomes even more complex when you bring the edge into the mix. Trout and the Compass Edge Solutions team have engineered a truly ingenious platform for deploying, integrating, monitoring and maintaining distributed infrastructure at scale." "In my experience of building and operating edge facilities, the single biggest mistake companies make is overlooking monitoring and management tools. Too often, distributed infrastructure becomes an unmanageable island," said Sharif Fotouh, Compass Edge Solutions leader. "Jon Trout has been ahead of the curve on this issue for years, and the BitBox platform allows companies to control distributed infrastructure no matter where it is and what it looks like." About Compass Datacenters Compass Datacenters provides enterprises, cloud providers, service providers, and hyperscale customers solutions from the core to the edge. Compass' investors, Ontario Teachers' Pension Plan and RedBird Capital Partners, bring a long-term perspective and significant financial resources. Compass' executive team has built more than $3 billion worth of data centers and edge computing facilities. They have also operated over six million square feet of raised floor worldwide. The Compass team delivers build-to-order data centers which are superior to competing alternatives. Compass enables customers to build what you want, where you want, when your business needs it. For more information, visit www.compassdatacenters.com . About Compass Edge Solutions Compass Edge Solutions is Compass Datacenters' edge computing software and service arm. Compass Edge Solutions' BitBox platform simplifies the deployment, integration, monitoring and maintenance of your distributed infrastructure from the core to the edge. For more information, visit www.bitboxusa.com . View original content: http://www.prnewswire.com/news-releases/bitbox-a-compass-datacenters-company-expands-leadership-team-to-support-rapid-growth-300644345.html SOURCE Compass Datacenters

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TAT Technologies Announces Appointment of Chief Financial Officer

GEDERA, Israel, May 14, 2018 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ: TATT), a leading provider of services and products to the commercial and military aerospace and ground defense industries, today announced that Mr. Ehud Ben Yair has been appointed as its new Chief Financial Officer, effective May 13, 2018. Mr. Igal Zamir, President and CEO of the company, stated: "Ehud Ben Yair, the new CFO, has significant experience of more than 20 years of high-level industry experience as a Chief Financial Officer in various companies. Mr. Ben Yair's expertise in all aspects of capital markets and focus on finance modernization will be an asset for the Company as we aim to fulfill mid and long-term strategic plans, and position ourselves for the future. I am happy to welcome him to the team." Mr. Ben Yair has held several CFO positions in Israeli companies. From 2016 - 2017 he was the CFO of SHL Telemedicine, a public company traded on the Swiss stock exchange (SIX- SHLTN) engaging in the field of digital health. From 2013 - 2016 he was the CFO of Opgal Optronics, a subsidiary of Elbit Systems (NASDAQ: ESLT). Opgal develops and manufactures thermal imaging cameras for military and civilian aerospace markets. From 2005 - 2012 he was the CFO of Orad Hi-Tech Systems, a public company traded on the AIM and German stock exchange, developing, manufacturing and selling proprietary hardware to TV stations and broadcasters. Mr. Ben Yair is a Certified Public Accountant and holds a B.A. in Economics and Accounting from the Ben Gurion University in Israel. About TAT Technologies Ltd. TAT Technologies Ltd. is a leading provider of services and products to the commercial and military aerospace and ground defense industries. TAT operates under four segments: (i) Original equipment manufacturing ("OEM") of heat transfer solutions and aviation accessories through its Gedera facility; (ii) MRO services for heat transfer components and OEM of heat transfer solutions through its Limco subsidiary; (iii) MRO services for aviation components through its Piedmont subsidiary; and (iv) Overhaul and coating of jet engine components through its Turbochrome subsidiary. TAT controlling shareholders is the FIMI Private Equity Fund. TAT's activities in the area of OEM of heat transfer solutions and aviation accessories primarily include the design, development and manufacture of (i) broad range of heat transfer solutions, such as pre-coolers heat exchangers and oil/fuel hydraulic heat exchangers, used in mechanical and electronic systems on board commercial, military and business aircraft; (ii) environmental control and power electronics cooling systems installed on board aircraft in and ground applications; and (iii) a variety of other mechanical aircraft accessories and systems such as pumps, valves, and turbine power units. TAT's activities in the area of MRO Services for heat transfer components and OEM of heat transfer solutions primarily include the MRO of heat transfer components and to a lesser extent, the manufacturing of certain heat transfer solutions. TAT's Limco subsidiary operates an FAA-certified repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of MRO services for aviation components include the MRO of APUs, landing gears and other aircraft components. TAT's Piedmont subsidiary operates an FAA-certified repair station, which provides aircraft component MRO services for airlines, air cargo carriers, maintenance service centers and the military. TAT's activities in the area of overhaul and coating of jet engine components includes the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes and afterburner flaps. For more information of TAT Technologies Ltd., please visit our website: http://www.tat-technologies.com Safe Harbor for Forward-Looking Statements This press release contains forward-looking statements which include, without limitation, statements regarding possible or assumed future operation results. These statements are hereby identified as "forward-looking statements" for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that could cause our results to differ materially from management's current expectations. Actual results and performance can also be influenced by other risks that we face in running our operations including, but are not limited to, general business conditions in the airline industry, changes in demand for our services and products, the timing and amount or cancellation of orders, the price and continuity of supply of component parts used in our operations, the change of control that will occur on the sale by the receiver of the Company's shares held by our previously controlling stockholders, and other risks detailed from time to time in the Company's filings with the Securities Exchange Commission, including, its annual report on form 20-F and its periodic reports on form 6-K. These documents contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statement. Contact: Ms. Inna Shpringer MARCOM Manager Tel: 972-8-862-8594 innas@tat-technologies.com SOURCE TAT Technologies Ltd.

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FACTBOX-Let's try again: U.S.-North Korea talks have failed often

May 16 (Reuters) - U.S. President Donald Trump acknowledged on Wednesday it was unclear if his planned summit with North Korean leader Kim Jong Un in Singapore next month would go ahead. North Korea threw the meeting into doubt, saying it might not attend if Washington continues to demand that it unilaterally abandon its nuclear weapons. Previous attempts to persuade North Korea to back off its nuclear weapons program have been doomed, in part by the North's concerns about being attacked and enmity between Pyongyang and Washington. The following describes how Trump and Kim came to the table and how previous talks failed: 2017-2018 TRUMP RHETORIC, HISTORIC PLAN After becoming president in January 2017, Donald Trump seeks help from Chinese President Xi Jinping in dealing with North Korea. Moon Jae-in, who favors engagement with the North, is elected president of South Korean in May. As Pyongyang tests missiles capable of reaching the United States, Trump turns up the tension and in a September 2017 U.N. address threatens to "totally destroy North Korea" while mocking Kim as "little rocket man." Kim responds with a threat to "tame the mentally deranged U.S. dotard with fire." The United States pushes for increased U.N. economic sanctions against North Korea including bans on exports of coal, iron and seafood. Trump addresses the South Korean National Assembly two months later, saying the North will have to take steps toward denuclearization if it wants to talk. He also labels North Korea a state sponsor of terrorism, a designation that had been removed in 2008. The 2018 Winter Olympics, hosted by South Korea, provide a breakthrough with the North sending a delegation to the games. In March, Trump and Kim agree to meet. North Korea says it will suspend its missile and weapons testing and, despite past insults, Trump praises Kim as "very honorable." Trump announces on Twitter on May 10 that the meeting will take place in Singapore on June 12. North Korea lays out details of a plan to dismantle its Punggye-ri nuclear test site later in May. 2010-2016 DEMISE OF TALKS North Korea's sinking of a South Korean patrol ship near the nations' maritime border in March 2010 becomes a roadblock to talks. The situation worsens in November when the North fires artillery at a South Korean island, killing two soldiers. The South, United States and Japan reject China's call to resume six-party talks until relations improve. In 2011, China, Russia and the United States make separate and unsuccessful moves to restart negotiations. North Korean leader Kim Jong Il dies in December and son Kim Jong Un takes power. Concerns rise in 2013 as the North makes rocketry advances and continues nuclear testing but no more talks are held. The administration of President Barack Obama increases sanctions on Pyongyang. 2003-2009 SIX-PARTY TALKS In 2003, Kim Jong Il announces Pyongyang will withdraw from the Non-Proliferation Treaty it had agreed to in 1985. Three months later North Korea announces it has a nuclear weapon. Talks begin in August 2003 between North Korea, South Korea, China, the United States, Russia and Japan. In 2004-05, as the talks are held intermittently, North Korea continues missile testing. As would become a pattern, Pyongyang offers to curtail its work in exchange for aid. With the talks in abeyance until 2006, the North accuses the United States of being a nuclear menace, drawing a warning from President George W. Bush. In 2007, North Korea promises to shut its nuclear reactor in exchange for fuel oil. It later demands the United States release $25 million in frozen funds, which it gets, clearing the way for more talks. A North Korean pledge to disclose all its nuclear activities by the end of 2007 goes unfulfilled. In May 2008, North Korea demands the United States remove it from a list of state sponsors of terrorism. Washington complies in October, prompting the North to resume dismantling its Yongbyon nuclear plant. In 2009, the U.N. Security Council responds to a missile test by threatening to increase sanctions and Pyongyang says it will no longer participate in six-party talks. 1994-2002 NORTH KOREA-U.S. TALKS UNDER CLINTON, BUSH In 1994, North Korea and the United States, under President Bill Clinton, sign an "agreed framework" with the goal of freezing and eventually discontinuing Pyongyang's nuclear program. In exchange, North Korea has the possibility of normalized relations, fuel oil and help building light-water nuclear reactors. North Korea's production and sale of missiles become an issue. Talks begin with the United States pushing the North to curtail the missile business, while Pyongyang demands financial compensation for lost income. In 1998 sanctions are imposed on the North for sending missile technology and parts to Pakistan. When Bush becomes president in 2001, Pyongyang detects a more hostile attitude and U.S. sanctions are imposed on a North Korean company for missile-related transfers to Iran. Relations are frayed further in 2002 when Bush labels North Korea as part of an "axis of evil" sponsoring terrorism and seeking nuclear weapons. The agreed framework breaks down in December 2002 as the United States determines North Korea has been secretly pursuing nuclear weapons and Pyongyang says it has a right to them for defensive purposes. The North orders international inspectors out of the country while reopening its shuttered nuclear facilities. (Compiled by Bill Trott Editing by Grant McCool and Alistair Bell)

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Centene Corporation Prices Upsized Offering Of Senior Notes

ST. LOUIS, May 9, 2018 /PRNewswire/ -- Centene Corporation (NYSE: CNC) ("Centene" or the "Company") announced today that its wholly-owned subsidiary, Centene Escrow I Corporation (the "Escrow Issuer"), has priced its offering of $1.8 billion aggregate principal amount of 5.375% senior notes due 2026 (the "Notes"). The offering was upsized from the previously announced $1.7 billion aggregate principal amount of Notes. The Notes priced at 100% of the principal amount thereof, which will result in aggregate gross proceeds of $1.8 billion. The offering is expected to close on or about May 23, 2018, subject to customary closing conditions. The Escrow Issuer will initially deposit the gross proceeds from the offering, along with certain additional funds, into a segregated escrow account. Centene intends to use the net proceeds of the offering to finance a portion of the cash consideration payable in connection with Centene's previously announced acquisition of the assets of Fidelis Care, to pay related fees and expenses and for general corporate purposes, including the repayment of outstanding indebtedness. The acquisition is expected to close on or about July 1, 2018, subject to regulatory approval from the New York Attorney General and certain closing conditions. Upon consummation of the acquisition, the Escrow Issuer will merge with and into the Company, with the Company continuing as the surviving corporation, and the Company will assume all of the Escrow Issuer's obligations under the Notes, the related indenture and the other applicable documents by operation of law (the "Assumption") and subject to the satisfaction of certain other conditions, the gross proceeds from the offering will be released from the escrow account to the Company. The closing of this offering is not conditioned on the closing of the acquisition. If the acquisition is not consummated, the Escrow Issuer will be required to redeem the Notes at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to the redemption date. Following the Assumption, the Notes will be senior unsecured obligations of the Company and will be equal in right of payment with all of the Company's existing and future senior indebtedness and will be senior in right of payment to all of the Company's existing and future subordinated debt. The Notes will not be guaranteed by any of its subsidiaries and are only required to be guaranteed by any of the Company's subsidiaries in limited circumstances in the future. The Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-United States persons in compliance with Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, qualification or exemption under the securities laws of any such jurisdiction. About Centene Corporation Centene Corporation, a Fortune 100 company, is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government sponsored and commercial healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long-Term Services and Supports (LTSS), in addition to other state-sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as "Part D"), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs. Centene also provides healthcare services to groups and individuals delivered through commercial health plans. Centene operates local health plans and offers a range of health insurance solutions. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, commercial programs, home-based primary care services, life and health management, vision benefits management, pharmacy benefits management, specialty pharmacy and telehealth services. The information provided in this press release contains forward-looking statements that relate to future events, including without limitation, statements regarding the intended use of proceeds from the offering. The Company disclaims any obligation to update this forward-looking information in the future. Readers are cautioned that matters subject to forward-looking statements involve known and unknown risks and uncertainties, including prevailing market conditions, as well as other factors. Certain risk factors that may affect our business operations, financial condition and results of operations are included in our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K. View original content: http://www.prnewswire.com/news-releases/centene-corporation-prices-upsized-offering-of-senior-notes-300645948.html SOURCE Centene Corporation

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