Tom Frew

The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a quarterly cash distribution of $0.25 per share of common stock for the quarter ended March 31, 2014. The distribution is payable on April 25, 2014 to shareholders of record at the close of business as of April 4, 2014. In a statment the Board […]

MRI Interventions, Inc. (OTCQB:MRIC), a commercial stage medical device company, has announced its financial results for the fourth quarter and year ended December 31, 2013. Management Comments “Our operational results for MRI Interventions in 2013 were very strong. We are pleased to report that our 2013 product revenues grew 149% over the prior year and […]

Northrop Grumman Corporation (NYSE:NOC) delivered a Global Hawk Block 40 Unmanned Aircraft System (UAS) to the U.S. Air Force at Grand Forks Air Force Base, N.D., ahead of schedule, Feb. 14. This is the second aircraft delivered as part of Global Hawk’s Lot 10 contract, joining a Block 30 system delivered four months early in […]

The offering is expected to close on March 24, 2014. First Cash Financial Services, Inc. (Nasdaq:FCFS) announced today that it has priced a private offering of $200 million of its 6.75% Senior Notes due 2021 at an issue price of 100% of principal amount. the company intends to use the net proceeds from the sale […]

Common stock deal with Aspire Capital Nanosphere, Inc. (Nasdaq:NSPH), a company enhancing medicine through targeted molecular diagnostics, today announced it has entered into a Common Stock Purchase Agreement with Aspire Capital Fund, LLC, whereby Nanosphere has the right to sell up to $30 million of shares of its common stock to Aspire Capital under certain […]

UTP implementation key to agreement. Euronext, the subsidiary of IntercontinentalExchange Group (NYSE:ICE), today announced that it has successfully signed agreements with four exchanges in the Middle East and North Africa (MENA) region for the implementation of its new UTP solution, UTP-Hybrid. The four exchanges, the Amman Stock Exchange, the Beirut Stock Exchange, Bourse des valeurs […]

Exide Technologies (OTCQB:XIDEQ), a global leader in stored electrical-energy solutions, announced today that the company has secured a new supply contract for storage batteries with the Defense Logistics Agency (DLA) Land and Maritime, Columbus, Ohio. The DLA is the U.S. Department of Defense’s largest logistics combat support agency, providing worldwide logistics support, acquisition...

Chinese New Year? eFuture Information Technology Inc. (Nasdaq:EFUT), a provider of software and services in China’s rapidly growing retail and consumer goods industries, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2013. Full Year 2013 Financial Highlights: – Total revenue increased 0.4% year-over-year to RMB199.2 million...

H20? Sucampo Pharma Americas, LLC, a wholly owned subsidiary of Sucampo Pharmaceuticals, Inc. (Sucampo) (Nasdaq:SCMP), and its development and commercialization partner’s subsidiary Takeda Pharmaceuticals U.S.A., Inc. have announced that the New Drug Application (NDA) for the liquid formulation of AMITIZA (lubiprostone) will not be filed in the second half of 2014. In preliminary pre-NDA...

Coastal Contacts (Nasdaq:COA) (TSX:COA), a global manufacturer and digital retailer of high-quality glasses and contact lenses, reported financial results for the first fiscal quarter ended January 31, 2014. Total sales in the first quarter were $52.1 million compared to $54.9 million in the same year-ago quarter. Gross profit was $22.6 million, or 43% of sales, […]