Month: February 2016

ISC to Release 2015 Fourth Quarter and Year End Financial Results on March 15, 2016; Conference Call to Follow on March 16, 2016

REGINA, SASKATCHEWAN–(Marketwired – Feb. 29, 2016) – Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) advises that it will release its financial results for the fourth quarter and year ended December 31, 2015 on Tuesday, March 15, 2016 after the close of the market. ISC’s audited consolidated Financial Statements and Management’s Discussion and Analysis for …

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Fitch Rates Rady Children’s (CA) Series 2016A and B Rev Bonds ‘AA-‘; Outlook Stable

SAN FRANCISCO–(BUSINESS WIRE)–Fitch Ratings has assigned an ‘AA-‘ rating to the following bonds: –$32,665,000 California Statewide Communities Development Authority refunding revenue bonds (Rady Children’s Hospital – San Diego) series 2016A; –$23,230,000 California Statewide Communities Development Authority refunding revenue bonds (Rady Children’s Hospital – San Diego) series 2016B. In addition, Fitch affirms the ‘AA-‘ on Rady …

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Calian Appoints Jo-Anne Poirier as Director

OTTAWA, ONTARIO–(Marketwired – Feb. 29, 2016) – Calian Technologies Ltd. (TSX:CTY) is pleased to announce the appointment of Jo-Anne Poirier to Calian’s Board of Directors effective April 1, 2016. Ms. Poirier offers more than 35 years of executive leadership including, Regional Municipality of Ottawa-Carleton, Director of Finance and Administration (1982-1993), Deputy City Manager Corporation of …

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New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2015

Reports Adjusted Net Investment Income of $0.35 per Weighted Average Share and Net Asset Value of $13.08 per Share Declares First Quarter 2016 Dividend of $0.34 per Share Defensive Investment Strategy Underscored by Continued Stable Credit Performance Originated $212 Million of Investments in the Quarter Remains fully invested; statutory debt/equity ratio of 0.75x NEW YORK–(BUSINESS …

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Fitch Affirms Cantor Fitzgerald at ‘BBB-‘; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed Cantor Fitzgerald, L.P.’s (Cantor) long- and short-term Issuer Default Ratings (IDRs) at ‘BBB-/F3’ and its senior unsecured debt at ‘BBB-‘. The Rating Outlook is Stable. Fitch has simultaneously affirmed the rating of BGC Partners, Inc. (BGC) at ‘BBB-‘ and upgraded the rating of GFI Group, Inc. (GFI) to ‘BBB-‘ …

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Arctic Cat Presents Race and Ride Contest with Robby Gordon

Enter for a Chance to Race a Wildcat™ X with Robby Gordon at the Sand Sports Super Show MINNEAPOLIS–(BUSINESS WIRE)–Arctic Cat Inc. (NASDAQ:ACAT) today announced it is launching the “Race and Ride with Robby Gordon” contest. The Grand Prize winner will race an Arctic Cat Wildcat™ X with Robby Gordon during the Stadium Super Trucks race …

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BluVector to Participate in Discussion on Successful Managed Security Services Relationships at RSA Conference 2016

President Kris Lovejoy will Join Panel of Industry Experts to Discuss the Full MSS Lifecycle MCLEAN, Va.–(BUSINESS WIRE)–Acuity Solutions, provider of BluVector®, a next-generation machine-learning malware detection and cyber hunting solution, today announced that President Kris Lovejoy will participate in a panel discussion focusing on successful managed security services relationships at RSA Conference 2016. As …

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Fitch Affirms BGC at ‘BBB-‘; Upgrades GFI to ‘BBB-‘; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed BGC Partners, Inc.’s (BGC) Long-term Issuer Default Rating (IDR) and senior unsecured debt rating at ‘BBB-‘ and Short-term IDR at ‘F3’. The Rating Outlook is Stable. Fitch has simultaneously upgraded GFI Group Inc.’s (GFI) IDR to ‘BBB-‘ from ‘BB+’ and Short-term IDR to ‘F3’ from ‘B’ and withdrawn the …

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A.M. Best Revises Issuer Credit Rating Outlook to Positive for Nodak Mutual Group Members and Outlook for American West Insurance Company

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has revised the issuer credit rating (ICR) outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and the ICR of “a” for Nodak Mutual Group (Nodak) members, Nodak Mutual Insurance Company (Nodak Mutual) (Fargo, ND) and its reinsured affiliate, Battle Creek Mutual Insurance Company (Battle …

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Fitch Affirms Synchrony Sales Finance Master Trust (Formerly Known as GE Sales Finance Master Trust)

NEW YORK–(BUSINESS WIRE)–Fitch Ratings affirms the long-term ratings and Outlooks assigned to Synchrony Sales Finance Master Trust (Formerly known as GE Sales Finance Master Trust). A details list of rating actions follows at the end of this release. KEY RATING DRIVERS The affirmations are based on continued positive trust performance and robust breakeven multiples. Fitch …

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Harmonic Completes Acquisition of Thomson Video Networks

SAN JOSE, CA–(Marketwired – February 29, 2016) –  Harmonic (NASDAQ: HLIT), the worldwide leader in video delivery infrastructure, today announced that it has completed the acquisition of Thomson Video Networks (TVN), a global leader in advanced video compression solutions. “We are pleased to announce the closing of the TVN acquisition,” said Patrick Harshman, President and …

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ZTEST Announces Private Placement

NORTH YORK, ONTARIO–(Marketwired – Feb. 29, 2016) – ZTEST Electronics Inc. (the “Company“) (CSE:ZTE) wishes to announce that it is placing 2,000,000 units at $0.05 per unit (the “Offering”). Each unit comprises one (1) common share and one-half (1/2) of a share purchase warrant with each full share purchase warrant entitling the holder to acquire …

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Investors Title Company Declares Quarterly Dividend

CHAPEL HILL, N.C.–(BUSINESS WIRE)–J. Allen Fine, Chairman of the Board of Investors Title Company (NASDAQ: ITIC), announced today that the Company’s Board of Directors has declared a cash dividend of $.16 per share to shareholders of record March 15, 2016, payable March 31, 2016. Investors Title Company is a publicly-held North Carolina company whose stock …

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Exelon’s Utilities Select Opower for Innovative Analytics and Engagement Services to Enhance Service and Reduce Costs for Customers

BGE, ComEd and PECO to use Opower customer programs ARLINGTON, Va.–(BUSINESS WIRE)–Opower (NYSE: OPWR), the global leader in cloud-based software for the utility industry, announced today that it has been selected by utilities of Exelon Corporation, the nation’s leading competitive energy provider, to bring a comprehensive set of analytics and customer engagement services to its …

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Rambus Cryptography Research Signs Licensing Agreement with The Athena Group to Accelerate Adoption of DPA Countermeasures

Athena solutions include license to Rambus Cryptography Research countermeasure patents SUNNYVALE, Calif.–(BUSINESS WIRE)–Rambus Inc. (NASDAQ:RMBS) today announced that its Cryptography Research division has signed an agreement with long-term ecosystem partner, The Athena Group, Inc., (Athena), to its patents covering DPA Countermeasures for use in Athena cryptographic security IP cores for field-programmable gate arrays (FPGAs) and …

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Semtech Welcomes Jane Li to Its Board of Directors

CAMARILLO, Calif.–(BUSINESS WIRE)–Semtech Corporation (Nasdaq: SMTC), a leading supplier of analog and mixed-signal semiconductors, today announced that its board of directors has appointed Ye Jane Li (Jane Li) as its newest director, effective February 25, 2016. Ms. Li has been a strategic advisor to Diversis Capital, LLC, a private equity firm that invests in middle-market …

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WEX Welcomes Roberto Simon as Chief Financial Officer

SOUTH PORTLAND, Maine–(BUSINESS WIRE)–WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced the appointment of Roberto Simon as chief financial officer, effective immediately. As previously announced on November 5, 2015, Steve Elder will remain with WEX to assume the newly created position of senior vice president, global investor relations. These executive …

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Brampton Brick Agrees to Acquire Eurobloq Assets

BRAMPTON, ONTARIO–(Marketwired – Feb. 29, 2016) – Brampton Brick Limited (TSX:BBL.A) today announced that it has entered into an asset purchase agreement to acquire substantially all of the assets of Eurobloq Inc., including its concrete products facility located in Boisbriand, Quebec. This acquisition will add the production and distribution capacity required to meet the growing …

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