Business

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Cornerstone Funds Announce Continuing Monthly Distributions

NEW YORK, May 11, 2018 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American:CLM) and Cornerstone Total Return Fund, Inc. (NYSE American:CRF), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions. […]

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Momo Announces Successful Closing of Tantan Transaction

BEIJING, May 11, 2018 /PRNewswire/ — Momo Inc. (Nasdaq: MOMO) (“Momo” or the “Company”) today announced that it successfully closed the transaction with regard to its acquisition of 100% equity stake of Tantan Limited, previously announced on February 23, 2018. About Momo Inc. Momo is one of China’s leading mobile-based social and entertainment platforms. We […]

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Upper Street Marketing, Inc. Announces Acquisition of LoveLife USA, Inc. and LoveLife Canada, Inc.

LOS ANGELES, May 11, 2018 (GLOBE NEWSWIRE) — Upper Street Marketing, Inc. (OTC:UPPR) (“Upper Street”) is pleased to announce that it has acquired the business of LoveLife USA, Inc. and LoveLife Canada, Inc. in an all share transaction. LoveLife’s management and founders have over 25 years of experience each in the professional match making business […]

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Torchmark Corporation Declares Dividend

MCKINNEY, Texas, May 11, 2018 /PRNewswire/ — Torchmark Corporation (NYSE: TMK) announced that its Board of Directors has declared a quarterly dividend of $.16 per share on all of the outstanding common stock of the Company held of record as of the close of business of the Company’s transfer agent on July 5, 2018. The […]

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Yuma Energy, Inc. Announces it is Actively Seeking Strategic Alternatives, Provides an Update to its Liquidity and Operations, and Reports First Quarter 2018 Financial Results

HOUSTON, May 11, 2018 /PRNewswire/ — Yuma Energy, Inc. (NYSE American: YUMA) (the “Company” or “Yuma”) today announced that it is actively seeking strategic alternatives and provided information related to its liquidity and operations. The Company also reported its financial results for the quarter ended March 31, 2018. Strategic Alternatives Yuma is currently exploring strategic […]

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Nortech Systems Reports First Quarter Results

MINNEAPOLIS–(BUSINESS WIRE)– Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of full-service electronics manufacturing services (EMS), today reported net sales of $26.4 million for the first quarter ended March 31, 2018, which includes $0.7 million of revenue recognized under new FASB accounting guidelines adopted this fiscal year. On a pro forma basis to adjust for […]

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The Klein Law Firm Reminds Investors of a Class Action Commenced on Behalf of Myriad Genetics, Inc. Shareholders and a Lead Plaintiff Deadline of June 19, 2018

NEW YORK–(BUSINESS WIRE)– The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Myriad Genetics, Inc. (NASDAQ:MYGN) who purchased shares between August 13, 2014 and March 12, 2018. The action, which was filed in the United States District Court for the District of Utah, alleges that the […]

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Cyrus Daftary, Financial Services Tech Industry Leader, Joins KPMG As Tax Principal

BOSTON, May 11, 2018 /PRNewswire/ — Cyrus Daftary has joined KPMG LLP, the audit, tax and advisory firm, as a principal in the Information Reporting and Withholding (IRW) Tax practice – a part of the Financial Services Global Banking practice. Prior to joining KPMG, Daftary was CEO and co-founder of Compliance Technologies International LLC (CTI), […]

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Trevian Capital and Crown Properties Announce $34,650,000 Multifamily Acquisition

NEW YORK, May 11, 2018 /PRNewswire/ — A joint-venture between Trevian Capital and Crown Properties Inc, announced its $34,650,000 acquisition of three garden-style multifamily properties totaling 407 units in Elgin, Illinois, Madison, Wisconsin, and Chesterton, Indiana. Trevian and Crown acquired the three-asset portfolio from a longtime family owner/operator who undermanaged the assets. The 1970’s and […]

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The Klein Law Firm Reminds Investors of a Class Action on Behalf of Live Nation Entertainment, Inc. Shareholders and a Lead Plaintiff Deadline of June 18, 2018

NEW YORK–(BUSINESS WIRE)– The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Live Nation Entertainment, Inc. (NYSE: LYV) who purchased shares between February 23, 2017 and March 30, 2018. The action, which was filed in the United States District Court for the Central District of California, […]

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The Boards of Directors of AXA ART Americas Corporation and AXA ART Insurance Corporation elect Insurance Industry Executive Irina Buchmann, President and CEO of AXA ART Americas

NEW YORK, May 11, 2018 (GLOBE NEWSWIRE) — Irina Buchmann brings extensive financial services experience to this new role. A veteran of AXA Group, she has been an important contributor in Strategy, Finance and Risk Management. She has a strong international background, having held leadership positions in operational companies in several European countries as well […]

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EQUITY ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Edge Therapeutics, Inc. of Commencement of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 22, 2018

NEW YORK–(BUSINESS WIRE)– The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Edge Therapeutics, Inc. (“Edge Therapeutics”) (NASDAQ:EDGE) between December 29, 2017 and March 27, 2018. You are hereby notified that a securities class action lawsuit has been commenced in the […]

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