Finance Headlines

LAKELAND INDUSTRIES INC FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Financial Statements and Exhibits

Item 1.01. Entry into a Material Definitive Agreement. On October 24, 2014, Lakeland Industries, Inc. (the "Company") entered into a Securities Purchase Agreement for the issuance and sale of 1,120,000 shares of the Company's common stock, at a purchase price of $10.00 per share, to a number of institutional and other accredited investors in a private placement. The closing of the private ...


PROVIDENCE SERVICE CORP FILES (8-K) Disclosing Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Unregistered Sale of Equity Securities, Other Events, Financial Statements and Exhibits

Item 1.01 Entry into a Material Definitive Agreement. Credit Agreement Amendment On October 23, 2014, The Providence Service Corporation ("Providence") entered into the Second Amendment to the Amended and Restated Credit and Guaranty Agreement and Consent (the "Second Amendment"), which amends the Amended and Restated Credit and Guaranty Agreement dated August 2, 2013 (the "Credit Agreement"), ...


Oncolytics Biotech® Inc. Announces Entry Into $20 Million "At-The-Market" Equity Distribution Agreement with Canaccord Genuity Inc.

CALGARY, Oct. 24, 2014 /CNW/ - Oncolytics Biotech® Inc. ("Oncolytics" or the "Company") (TSX:ONC; NASDAQ:ONCY) announced today that it has entered into an "at-the-market" (ATM) equity distribution agreement with Canaccord Genuity Inc. acting as sole agent. Under the terms of the distribution agreement, the Company may, from time to time, sell shares of its common stock having an aggregate ...


Fitch Downgrades and Withdraws IndyMac Mortgage Services' U.S. RMBS Servicer Ratings

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has downgraded the U.S. residential servicer ratings for IndyMac Mortgage Services, a division of OneWest Bank N.A. (IndyMac) to 'RPS3-' from 'RPS3'; and removed all ratings from Rating Watch Negative. --U.S. Residential primary servicer rating for prime product to 'RPS3-' from 'RPS3'/Rating Watch Negative; --U.S. Residential primary servicer rating ...


DST Systems, Inc. Declares Cash Dividend

KANSAS CITY, Mo., Oct. 24, 2014 /PRNewswire/ -- DST Systems, Inc. (NYSE: DST) announced today that its Board of Directors has declared a cash dividend of $0.30 per share on its common stock. The dividend will be payable December 12, 2014, to shareholders of record at the close of business on November 26, 2014. About DST Systems DST Systems, Inc. is a leading provider of sophisticated ...


Seabury Group Advises on Successful £125 Million Recapitalization and Sale of Monarch Airlines Group to Greybull Capital

Seabury Designs a Turnaround Plan to Bring the Airline to Profitability – Monarch Achieves £200 Million in Reductions of Annual Costs NEW YORK--(BUSINESS WIRE)-- Seabury Group (“Seabury”), a leading global advisory and professional services firm, announced today that it has successfully advised the U.K.-based Monarch Airlines Group (“Monarch” or “the Group”) with respect to the completion of ...


Volvo Group Reports Q3 Profits of 212 Million Dollars

Stockholm, Dhu-AlHijjah 30, 1435, Oct 24, 2014, SPA -- Swedish heavy vehicle maker Volvo said Friday its third-quarter net profit had risen to 1.54 billion kronor (212 million dollars) thanks to strong demand in North America and Japan. The Volvo Group, which excludes the brand's China-owned car division, had posted a net profit of 1.4 billion kronor in the corresponding business period of ...


CYPRUS: "Lower tax rates to increase revenues"

* Economist says reform will bring back lost money, MoA still "painful" * Andreas Theophanous, a vocal economist who very often challenges the establishment, is calling for an immediate reduction in taxes in order to get the economy up and running again. "The most important way to improve the indicators of private and public debt is to increase our GDP once again. And the only way to do that ...


Argentina debt default sours access to credit

Business executives warn of an investment slowdown, while the government wants companies to diversify sales. By Charles Newbery BUENOS AIRES, Argentina Executives in Argentina are increasingly worried that tightening access to credit is slowing the expansion of their businesses and the economy following July's debt default, a survey said Friday. The pill found 43 percent of executives are ...


IMF's Middle East Regional Technical Assistance Center Concludes Workshop on the Compilation of Financial Account and External Sector Position...

IMF's Middle East Regional Technical Assistance Center Concludes Workshop on the Compilation of Financial Account and External Sector Position Statistics NNA - The International Monetary Fund (IMF)'s Middle East Regional Technical Assistance Center (METAC) held a workshop on "Compilation of Financial Account and External Sector Position Statistics" in Beirut, Lebanon from October 21-23, 2014. ...


Ericsson Q3 Net Profit Dips 13 per cent

Stockholm, Dhu-AlHijjah 30, 1435, October 24, 2014, SPA -- Swedish telecommunications equipment maker Ericsson reported a 13-per-cent drop in third-quarter net profit on Friday. The net profit of 2.6 billion kronor (357 million dollars) compared with 3 billion kronor in the corresponding period of 2013, dpa reported. Higher spending on research and development, as well as costs for currency ...


Milwaukee Bankruptcy and Foreclosure Attorney to Speak at the Legal Action of Wisconsin's Volunteer Lawyers Project Seminar

Madison, WI (PRWEB) October 24, 2014 Milwaukee bankruptcy and foreclosure attorney Rollie R. Hanson will be speaking at an upcoming seminar on new guidelines and regulations in the loan modification and mortgage servicer industry. Attorney Hanson's discussion, entitled "New Mortgage Servicing Rules: Some Highlights and Comments," will be presented at the Enforcing Consumers' Rights seminar in ...


Empresas ICA Announces Unaudited Third Quarter 2014 Results

MEXICO CITY, Oct. 24, 2014 (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA.MX) (NYSE:ICA), the largest infrastructure and construction company in Mexico, announced today its unaudited results for the third quarter of 2014, which have been prepared in accordance with International Financial Reporting Standards. The results of the third quarter of 2013 have been restated in accordance ...


CUTWATER SELECT INCOME FUND FILES (8-K) Disclosing Other Events

Item 8.01 Other Events. Effective October 24, 2014, Mr. Gautam Khanna has resigned from the Board of Trustees of the Fund. He will continue to serve as the portfolio manager of the Fund, a position he has held since 2005, and as a Vice President of the Fund. --------------------------------------------------------------------------------


Fitch Rates Mass Water Resources Authority Revs 'AA+'; Outlook Stable

AUSTIN, Texas--(BUSINESS WIRE)-- Fitch Ratings assigns the following ratings to Massachusetts Water Resources Authority, Massachusetts' (MWRA, or the authority) bonds: -- Approximately $85 million general revenue bonds, 2014 series D 'AA+'; -- Approximately $38.4 million general revenue refunding bonds, 2014 series E 'AA+'; -- Approximately $160.2 million general revenue refunding bonds, 2014 ...


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