Tag Archives: Risk Factors

Business, Finance, Occupation & Industry

Avery Dennison Announces Early Termination of Waiting Period for Sale of Two Businesses to CCL Indus

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Avery Dennison Announces Early Termination of Waiting Period for Sale of Two Businesses to CCL Industries

PASADENA, Calif.–(BUSINESS WIRE)– Avery Dennison Corporation (NYS: AVY) announced today that the U.S. Federal Trade Commission has granted early termination of the Hart-Scott-Rodino waiting period for the company’s proposed sale of its Office and Consumer Products (OCP) and Designed and Engineered Solutions (DES) businesses to CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B).

The companies will continue to work toward closing and expect to complete the sale in mid-2013.

About Avery Dennison

Avery Dennison (NYS: AVY) is a global leader in labeling and packaging materials and solutions. The company’s applications and technologies are an integral part of products used in every major market and industry. With operations in more than 50 countries and 30,000 employees worldwide, Avery Dennison serves customers with insights and innovations that help make brands more inspiring and the world more intelligent. Headquartered in Pasadena, California, the company reported sales from continuing operations of $6 billion in 2012. Learn more at www.averydennison.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995:

Certain statements contained in this press release are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties. Actual results and trends may differ materially from historical or anticipated results depending on a variety of factors, including but not limited to risks and uncertainties relating to the following: (1) the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction; (2) the outcome of any legal proceedings that may be instituted against the Company and others regarding the transaction; (3) the inability to complete a transaction due to the failure to satisfy conditions to the transaction; and (4) risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of announcing the transaction.

For a discussion of the risk factors that could affect the Company’s financial performance, see Part I, Item 1A. “Risk Factors” and Part II, Item 7.”Management’s Discussion and Analysis of Results of Operations and …read more
Source: FULL ARTICLE at DailyFinance

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OSI Systems Receives $3 Million Order for Critical Hardware Components

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OSI Systems Receives $3 Million Order for Critical Hardware Components

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NAS: OSIS) today announced that its Optoelectronics division has received an order of approximately $3 million from a major OEM in the medical equipment industry to provide critical hardware components.

OSI Systems Chief Executive Officer, Deepak Chopra commented, “We are excited to support this key customer with our optoelectronic components. In addition to serving medical customers, our Optoelectronics division is a leading supplier to OEM‘s that provide systems for aerospace, defense, safety, security and industrial applications.”

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products in diversified markets, including homeland security, healthcare, defense and aerospace. The Company has more than 30 years of experience in electronics engineering and manufacturing and maintains offices and production facilities located in more than a dozen countries. It implements a strategy of expansion by leveraging its electronics and contract manufacturing capabilities into selective end product markets through organic growth and acquisitions. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company’s current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company’s control, that may cause actual results to differ materially from those described in or implied by any forward-looking statement. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in …read more
Source: FULL ARTICLE at DailyFinance

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Pulaski Financial Declares Quarterly Cash Dividend

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Pulaski Financial Declares Quarterly Cash Dividend

ST. LOUIS–(BUSINESS WIRE)– Pulaski Financial Corp. (Nasdaq Global Select: PULB), parent company of Pulaski Bank, announced that its Board of Directors declared its regular quarterly cash dividend of 9.5 cents per share, which equals an annualized dividend rate of 38 cents per share. The quarterly dividend is payable April 15, 2013 to shareholders of record as of the close of business on April 8, 2013.

Pulaski Financial Corp., operating in its 91st year through its subsidiary, Pulaski Bank, offers a full line of quality retail and commercial banking products through 13 full-service branch offices in the St. Louis metropolitan area. The Bank also offers residential mortgage loan products through loan production offices in the St. Louis and Kansas City metropolitan areas, mid-Missouri, southwestern Missouri, eastern Kansas, Omaha, Nebraska, and Council Bluffs, Iowa. The Company’s website can be accessed at www.pulaskibank.com.

This news release may contain forward-looking statements about Pulaski Financial Corp., which the Company intends to be covered under the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995. Statements that are not historical or current facts, including statements about beliefs and expectations, are forward-looking statements. These forward-looking statements cover, among other things, anticipated future revenue and expenses and the future plans and prospects of the Company. These statements often include the words “may,” “could,” “would,” “should,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plans,” “targets,” “potentially,” “probably,” “projects,” “outlook” or similar expressions. You are cautioned that forward-looking statements involve uncertainties, and important factors could cause actual results to differ materially from those anticipated, including changes in general business and economic conditions, changes in interest rates, legal and regulatory developments, increased competition from both banks and non-banks, changes in customer behavior and preferences, and effects of critical accounting policies and judgments. For discussion of these and other risks that may cause actual results to differ from expectations, refer to our Annual Report on Form 10-K for the year ended September 30, 2012 on file with the SEC, including the sections entitled “Risk Factors.” These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update them in light of new information or future events.

Pulaski Financial Corp.
Paul Milano, 314-317-5046
Chief Financial Officer

KEYWORDS:   …read more
Source: FULL ARTICLE at DailyFinance

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Community Financial Shares, Inc. Announces Results of Rights Offering

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Community Financial Shares, Inc. Announces Results of Rights Offering

GLEN ELLYN, Ill.–(BUSINESS WIRE)– Community Financial Shares, Inc., (the “Company”) (OTCQB: CFIS), the parent company of Community Bank-Wheaton/Glen Ellyn (the “Bank”), announced today the preliminary results of its previously announced non-transferable rights offering, which expired at 5:00 pm Eastern time on March 22, 2013.

The Company estimates it will receive gross proceeds of approximately $483,121, before expenses, from the stockholder rights offering, which is to be used for general working capital. The rights offering is expected to result in the issuance of 483,121 additional shares of Company common stock. The results are based upon the subscription for shares received in accordance with the terms and conditions of the rights offering.

The Company expects that the rights offering will close on March 28, 2013. The Company intends to mail new common shares acquired through the rights offering to registered subscribers within three business days of the scheduled closing of the offering. Stockholders participating in the over-subscription privilege will be entitled to purchase the full amount of shares for which they subscribed.


Caution About Forward-Looking Statements

Certain statements made in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts, such as statements regarding the purpose, timing, consummation and consequences of the transactions described herein, including the rights offering. Although the Company believes that its expectations with respect to such forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results, performance or achievements of the Company will not differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual events or results to differ significantly from those described in the forward-looking statements include, but are not limited to those described in the cautionary language included under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the prospectus for the Rights Offering, and in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011, the Company’s Quarterly Report for the fiscal quarter ended …read more
Source: FULL ARTICLE at DailyFinance

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Magellan Health Services Announces First Quarter 2013 Earnings Conference Call

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Magellan Health Services Announces First Quarter 2013 Earnings Conference Call

AVON, Conn.–(BUSINESS WIRE)– Magellan Health Services, Inc. (NAS: MGLN) today announced that it will release first quarter earnings results onTuesday, April 30, 2013. Chief Executive Officer Barry M. Smith will discuss the Company’s financial results, as well as its business strategy and outlook in a conference call to be held the same day from 11 a.m. to 12 noon Eastern time.

The press release detailing the Company’s first quarter 2013 earnings results will be issued at approximately 6:30 a.m. Eastern, and will be immediately available on the investor relations page at www.MagellanHealth.com.

To participate in the conference call, interested parties should call 1-800-857-1812 and reference the passcode First Quarter 2013 Earnings Call approximately 15 minutes before the start of the call. The conference call also will be available via live webcast at Magellan’s investor relations page at www.MagellanHealth.com.

A taped replay of the conference call will be available for one week following the call. Interested parties should call 1-866-465-2119 or 1-203-369-1436 (from outside the U.S.) to listen.

Those who plan to access the call or webcast are encouraged to read Magellan’s Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission (SEC) on February 28, 2013, for material information regarding Magellan’s operational and financial results, including the section entitled “Risk Factors.”

About Magellan Health Services

Headquartered in Avon, Conn., Magellan Health Services, Inc. is a leading specialty health care management organization with expertise in managing behavioral health, radiology and specialty pharmaceuticals, as well as pharmacy benefits programs. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. As of December 31, 2012, Magellan’s customers include health plans, employers and government agencies, serving approximately 33.8 million members in our behavioral health business, 17.2 million members in our radiology benefits management segment, and 8 million members in our medical pharmacy management product. In addition, the specialty pharmaceutical segment served 41 health plans and employers, as well as several pharmaceutical manufacturers and state Medicaid programs. The company’s Medicaid Administration segment served 24 states and the District of Columbia. For more information, visit www.MagellanHealth.com.

Cautionary Statement

…read more
Source: FULL ARTICLE at DailyFinance

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OSI Systems Receives $2.5 Million Order from International Customer for Cargo Inspection

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OSI Systems Receives $2.5 Million Order from International Customer for Cargo Inspection

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NAS: OSIS) today announced that its Security division, Rapiscan Systems, received an order for approximately $2.5 million from a Middle East customer to provide its Rapiscan Eagle® cargo inspection solution.

OSI Systems CEO, Deepak Chopra, commented, “We are excited about this award from a key customer and look forward to providing one of the most powerful inspection systems available in the market. Our Eagle cargo inspection product line is available in multiple configurations on fixed and mobile platforms allowing us to customize our offering to best suit the customer’s requirements.”

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems, Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company’s current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company’s control, that may cause actual results to differ materially from those described in or implied by any forward-looking statement. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s Annual Report on Form …read more
Source: FULL ARTICLE at DailyFinance

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Vanguard Natural Resources, LLC Announces Monthly Distribution

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Vanguard Natural Resources, LLC Announces Monthly Distribution

HOUSTON–(BUSINESS WIRE)– Vanguard Natural Resources, LLC (NYS: VNR) (“Vanguard”) announced today that its board of directors has declared a cash distribution attributable to the month of February 2013 of $0.2025 per unit ($2.43 on an annual basis) payable on April 12, 2013 to unitholders of record on April 1, 2013. New investors can earn an approximate 8.6% yield based on the March 20, 2013 closing price of $28.14 per unit.

About Vanguard Natural Resources, LLC

Vanguard Natural Resources, LLC is a publicly traded limited liability company focused on the acquisition, production and development of oil and natural gas properties. The Company’s assets consist primarily of producing and non-producing oil and natural gas reserves located in the Permian Basin in West Texas and New Mexico, the Big Horn Basin in Wyoming and Montana, the Arkoma Basin in Arkansas and Oklahoma, the Piceance Basin in Colorado, the Powder River and Wind River Basin in Wyoming, the Williston Basin in North Dakota and Montana, Mississippi and South Texas. More information on Vanguard can be found at www.vnrllc.com.

Forward-Looking Statements

We make statements in this news release that are considered forward-looking statements within the meaning of the Securities Exchange Act of 1934. These forward-looking statements are largely based on our expectations, which reflect estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment based on currently known market conditions and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our control. In addition, management’s assumptions about future events may prove to be inaccurate. Management cautions all readers that the forward-looking statements contained in this news release are not guarantees of future performance, and we cannot assure you that such statements will be realized or the forward-looking events and circumstances will occur. Actual results may differ materially from those anticipated or implied in the forward-looking statements due to factors listed in the “Risk Factors” section in our SEC filings and elsewhere in those filings. All forward-looking statements speak only as of the date of this news release. We do not intend to publicly update or revise any forward-looking statements as a result of new information, future events or otherwise.

…read more
Source: FULL ARTICLE at DailyFinance

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OSI Systems Receives $3 Million in Orders from New Fortune 100 Customer

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OSI Systems Receives $3 Million in Orders from New Fortune 100 Customer

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NAS: OSIS) , today announced that OSI Electronics, a business within its Optoelectronic and Manufacturing division, has received orders for approximately $3 million for electronic assemblies from an OEM of defense electronics.

OSI Systems Chief Executive Officer, Deepak Chopra stated, “OSI is proud to support this new customer with critical hardware to be used in shipboard communication systems.”

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. The Company sells its products in diversified markets, including homeland security, healthcare, defense and aerospace. The Company has more than 30 years of experience in electronics engineering and manufacturing and maintains offices and production facilities located in more than a dozen countries. It implements a strategy of expansion by leveraging its electronics and contract manufacturing capabilities into selective end product markets through organic growth and acquisitions. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company’s current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company’s control, that may cause actual results to differ materially from those described in or implied by any forward-looking statement. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended June 30, 2012 and other risks …read more
Source: FULL ARTICLE at DailyFinance

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Tetra Tech Awarded $100 Million Environmental Remediation Contract for the U.S. Navy

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Tetra Tech Awarded $100 Million Environmental Remediation Contract for the U.S. Navy

PASADENA, Calif.–(BUSINESS WIRE)– Tetra Tech, Inc. (NAS: TTEK) announced today that it has been awarded a $100 million remedial action contract by the Naval Facilities Engineering Command’s Atlantic Division. Through this 5-year indefinite delivery/indefinite quantity contract, Tetra Tech will provide environmental remediation services primarily for the Department of the Navy and Marine Corps installations. This single award contract supports the Navy’s primary environmental remediation program covering the Atlantic area of responsibility including North Carolina, Virginia, Maryland, Connecticut, Maine, Massachusetts, the District of Columbia, Pennsylvania, West Virginia, Africa, and Vieques, Puerto Rico.

About Tetra Tech (www.tetratech.com)

Tetra Tech is a leading provider of consulting, engineering, program management, construction management, and technical services. The Company supports government and commercial clients by providing innovative solutions to complex problems focused on water, environment, energy, infrastructure, and natural resources. With more than 14,000 staff worldwide, Tetra Tech‘s capabilities span the entire project life cycle.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions (“Future Factors”), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in the Company’s Form 10-K and 10-Q filings with the Securities and Exchange Commission.

Tetra Tech, Inc.
Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
626-470-2844

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Tetra Tech Awarded $100 Million Environmental Remediation Contract for the U.S. Navy originally appeared on Fool.com.

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Copyright © 1995 – 2013 The Motley Fool, …read more
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Willdan Announces Planned Date of March 26 for Fourth Quarter and Full Year 2012 Financial Results a

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Willdan Announces Planned Date of March 26 for Fourth Quarter and Full Year 2012 Financial Results and Conference Call

ANAHEIM, Calif.–(BUSINESS WIRE)– Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN),today announced the planned date for the release of its fourth quarter and full year 2012 financial results and the related conference call to discuss such results. On Tuesday, March 26, 2013, after market close, Willdan plans to announce its fourth quarter and full year 2012 financial results. Following the announcement, Chief Executive Officer Thomas Brisbin and Chief Financial Officer Kimberly Gant plan to host a conference call at 5:00 p.m. Eastern/2:00 p.m. Pacific on the same day, to discuss Willdan’s financial results.

Interested parties may participate in the conference call by dialing 877-941-0844 (480-629-9835 for international callers). When prompted, ask for the “Willdan Group, Inc., Fourth Quarter 2012 Conference Call.” The conference call will be webcast simultaneously on Willdan’s website at www.willdan.com under Investors: Events.

The telephonic replay of the conference call may be accessed approximately two hours after the call through April 9, 2013, by dialing 800-358-3474 (303-590-3030 for international callers). The replay access code is 4599738. The webcast replay will be archived for 12 months.

About Willdan Group, Inc.

Founded in 1964, Willdan is a provider of professional technical and consulting services to public agencies at all levels of government, public and private utilities and commercial and industrial firms. Willdan provides a broad range of services to clients, including engineering and planning, energy efficiency and sustainability, economic and financial consulting, and national preparedness and interoperability. For additional information, visit Willdan’s website at www.willdan.com.

Forward-Looking Statements

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Willdan Group, Inc.’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions, and may differ materially from what is expressed. For a description of factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section “Risk Factors” included in Willdan’s Form 10-K for the year ended December 30, 2011 filed on March 27, 2012.

<span …read more
Source: FULL ARTICLE at DailyFinance

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Dynex Capital, Inc. Declares First Quarter Series A Preferred Stock Dividend

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Dynex Capital, Inc. Declares First Quarter Series A Preferred Stock Dividend

GLEN ALLEN, Va.–(BUSINESS WIRE)– Dynex Capital, Inc. (NYS: DX) announced today that its Board of Directors has declared a dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock of $0.53125 per share for the first quarter of 2013. The dividend will be paid on April 15, 2013 to shareholders of record of the Series A Preferred Stock as of April 1, 2013.

Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated by the Company from 1992 to 1998. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

Dynex Capital, Inc.
Alison Griffin
804-217-5897

KEYWORDS:   United States  North America  Virginia

INDUSTRY KEYWORDS:

The article Dynex Capital, Inc. Declares First Quarter Series A Preferred Stock Dividend originally appeared on Fool.com.

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Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Philip Morris International Inc. (PMI) Presents at Consumer Analyst Group of Europe (CAGE) Conferenc

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Philip Morris International Inc. (PMI) Presents at Consumer Analyst Group of Europe (CAGE) Conference

NEW YORK–(BUSINESS WIRE)– Regulatory News:

Philip Morris International Inc.’s (NYSE / Paris Euronext: PM) Chief Financial Officer, Jacek Olczak, addresses investors today at the CAGE Conference in London, U.K.

The presentation and Q&A session are being webcast live, in a listen-only mode, beginning at approximately 10:15 a.m. local time (6:15 a.m. ET), at www.pmi.com. An archived copy of the webcast, together with presentation slides, will be available on the same site.

The presentation and related discussion contain statements that, to the extent they do not relate strictly to historical or current facts, constitute “forward-looking statements” within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates and expectations, and are not guarantees of future performance. They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.

The risks and uncertainties relating to the forward-looking statements in the presentation and related discussion include those described under Item 1A. “Risk Factors” in PMI‘s Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission. PMI does not undertake to publicly update or revise any forward-looking statements, except in the normal course of its public disclosure obligations.


Philip Morris International Inc
 .

Philip Morris International Inc. (PMI) is the leading international tobacco company, with seven of the world’s top 15 international brands, including Marlboro, the number one cigarette brand worldwide. PMI‘s products are sold in more than 180 markets. In 2012, the company held an estimated 16.3% share of the total international cigarette market outside of the U.S., or 28.8% excluding the People’s Republic of China and the U.S. For more information, see www.pmi.com.

Philip Morris International Inc.
Investor Relations:
New York: +1 (917) 663 2233
Lausanne: +41 (0)58 242 4666
Media:
Lausanne: +41 (0)58 242 4500

<p …read more
Source: FULL ARTICLE at DailyFinance

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Dynex Capital, Inc. Declares First Quarter Common Stock Dividend

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Dynex Capital, Inc. Declares First Quarter Common Stock Dividend

GLEN ALLEN, Va.–(BUSINESS WIRE)– Dynex Capital, Inc. (NYS: DX) announced today that it will pay a dividend of $0.29 per common share for the first quarter of 2013 on April 30, 2013 to shareholders of record on April 1, 2013. There is no dividend reinvestment discount for first quarter dividends reinvested through the Company’s Dividend Reinvestment and Share Purchase Plan.

Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis. The Company invests in Agency and non-Agency RMBS and CMBS. The Company also has investments in securitized single-family residential and commercial mortgage loans originated by the Company from 1992 to 1998. Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the business of Dynex Capital, Inc. that are not historical facts are “forward-looking statements” that involve risks and uncertainties. For a discussion of these risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s Annual Report on Form 10-K and other reports filed with the Securities and Exchange Commission.

Dynex Capital, Inc.
Alison Griffin, 804-217-5897

KEYWORDS:   United States  North America  Virginia

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The article Dynex Capital, Inc. Declares First Quarter Common Stock Dividend originally appeared on Fool.com.

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Citi Statement on 2013 CCAR Planned Capital Actions

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Citi Statement on 2013 CCAR Planned Capital Actions

NEW YORK–(BUSINESS WIRE)– Citigroup today announced that the Federal Reserve Board (FRB) has advised Citi that it has no objection to the planned capital actions requested by Citi as part of the 2013 Comprehensive Capital Analysis and Review (CCAR).

The planned capital actions include a $1.2 billion common stock buyback program through the first quarter of 2014 and the maintenance of current common stock dividends ($0.01 per share per quarter). Any repurchases of common stock and common stock dividends remain subject to approval by Citigroup’s Board of Directors.

For more information on Citi’s release of certain disclosures required by the rules of the FRB in connection with the 2013 annual supervisory stress tests, please visit Citi’s website at www.citigroup.com/citi/investor.

Michael Corbat, Citi’s Chief Executive Officer said, “We are pleased that Citi will be able to return additional capital to shareholders. Over the past several years, we have rebuilt Citi’s capital base and strengthened our balance sheet as well as shed assets and businesses not core to our strategy. We remain focused on our clients and allocating our resources to where they can provide the best returns and generate consistent, high-quality earnings.”

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Certain statements in this press release, including those regarding Citi’s 2013 CCAR planned capital actions, are “forward-looking statements” within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors, including but not limited to obtaining required approvals, satisfactory market conditions and any other conditions that may be included in any Citi stock repurchase program, as well as those factors contained in Citi’s filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section of Citi’s 2012 Annual Report on Form 10-K. Precautionary statements included in …read more
Source: FULL ARTICLE at DailyFinance

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Hersha Hospitality Trust Announces Dividends

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Hersha Hospitality Trust Announces Dividends

PHILADELPHIA–(BUSINESS WIRE)– Hersha Hospitality Trust (NYS: HT) , owner of upscale hotels in urban gateway markets, today announced that its Board of Trustees declared a cash dividend of $0.50 per Series B Preferred Share and $0.1862 per Series C Preferred Share for the first quarter ending March 31, 2013. The preferred share dividends are payable April 15, 2013 to holders of record as of April 1, 2013. The Series C dividend represents a quarterly dividend payout of $0.4297 per share, adjusted on a pro-forma basis for the timing of the closing of the Company’s public offering of the Series C shares on March 6, 2013.

The Board of Trustees also declared quarterly cash dividends of $0.06 per Common Share and per Limited Partnership unit for the first quarter ending March 31, 2013. The common share dividend and limited partnership unit distribution are payable April 15, 2013 to holders of record as of April 1, 2013.

About Hersha Hospitality Trust

Hersha Hospitality Trust is a self-advised real estate investment trust that owns 63 hotels in major urban gateway markets including New York, Washington, Boston, Philadelphia, Los Angeles and Miami totaling 9,129 rooms. HT follows a highly selective investment approach and leverages operational advantage through rigorous and sustainable asset management practices. For further information on the Company visit our website at www.hersha.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those reflected in the forward-looking statement. For a description of these factors, please review the information under the heading “Risk Factors” included in Hersha Hospitality Trust’s Annual Report on Form 10-K for the year ended December 31, 2012, filed with the U.S. Securities Exchange Commission.

Hersha Hospitality Trust
Ashish Parikh, 215-238-1046
CFO

KEYWORDS:   United States  North America  Pennsylvania

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The article Hersha Hospitality Trust Announces Dividends originally appeared on Fool.com.

Try any of our Foolish …read more
Source: FULL ARTICLE at DailyFinance

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OSI Systems Receives $2 Million Contract for Patient Monitoring &amp; Connectivity Systems

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OSI Systems Receives $2 Million Contract for Patient Monitoring & Connectivity Systems

HAWTHORNE, Calif.–(BUSINESS WIRE)– OSI Systems, Inc. (NAS: OSIS) today announced that its Healthcare division, Spacelabs Healthcare, has been awarded an approximate $2 million contract to provide patient monitoring and connectivity solutions to a prominent hospital in the Western U.S. region.

Deepak Chopra, OSI Systems CEO, commented, “Following a competitive review of technologies, we were again selected by a major hospital to provide state of the art Spacelabs’ patient monitoring solutions as we offer several options for hospitals to consider when upgrading their critical care units.”

About OSI Systems, Inc.

OSI Systems, Inc. is a vertically integrated designer and manufacturer of specialized electronic system and components for critical applications in the homeland security, healthcare, defense and aerospace industries. We combine more than 30 years of electronics engineering and manufacturing experience with offices and production facilities in more than a dozen countries to implement a strategy of expansion into selective end product markets. For more information on OSI Systems Inc. or any of its subsidiary companies, visit www.osi-systems.com. News Filter: OSIS-G

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company’s current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company’s control, that may cause actual results to differ materially from those described in or implied by any forward-looking statement. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended June 30, 2012 and …read more
Source: FULL ARTICLE at DailyFinance

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American Tower Corporation Declares Quarterly Distribution

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American Tower Corporation Declares Quarterly Distribution

BOSTON–(BUSINESS WIRE)– American Tower Corporation (NYS: AMT) announced that its board of directors has declared its quarterly cash distribution of $0.26 per share. The distribution is payable on April 25, 2013 to stockholders of record as of the close of business on April 10, 2013.

About American Tower

American Tower is a leading independent owner, operator and developer of wireless and broadcast communications real estate. American Tower currently owns and operates over 54,000 communications sites in the United States, Brazil, Chile, Colombia, Germany, Ghana, India, Mexico, Peru, South Africa and Uganda. For more information about American Tower, please visit www.americantower.com.

Cautionary Language Regarding Forward-Looking Statements

This press release contains “forward-looking statements” concerning the Company’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions, and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company’s forward-looking statements as a result of various factors, including those factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2012 under the caption “Risk Factors.” The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.

American Tower Corporation
Leah Stearns, 617-375-7500
Vice President, Investor Relations & Capital Markets

KEYWORDS:   United States  North America  Massachusetts

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The article American Tower Corporation Declares Quarterly Distribution originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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Exact Sciences to Participate in 25th Annual Roth Conference

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Exact Sciences to Participate in 25th Annual Roth Conference

MADISON, Wis.–(BUSINESS WIRE)– Exact Sciences Corp. (NAS: EXAS) today announced that it will present at the 25th Annual Roth Conference in Dana Point, Calif.

Maneesh K. Arora, Exact’s chief operating and chief financial officer, will make the company’s presentation at 1 p.m. PT on Monday, March 18.

A live webcast of the presentation will be available through the company’s website at www.exactsciences.com. An archive of the webcast will be available following the conclusion of the conference.

About Exact Sciences Corp.

Exact Sciences Corp. is a molecular diagnostics company focused on the early detection and prevention of colorectal cancer. The company has exclusive intellectual property protecting its noninvasive, molecular screening technology for the detection of colorectal cancer. Stool-based DNA technology is included in the colorectal cancer screening guidelines of the American Cancer Society and the U.S. Multi-Society Task Force on Colorectal Cancer. For more information, please visit the company’s website at www.exactsciences.com.

Certain statements made in this news release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,” “should,” “could,” “seek,” “intend,” “plan,” “estimate,” “anticipate” or other comparable terms. Forward-looking statements in this news release may address the following subjects among others: statements regarding the sufficiency of our capital resources, expected operating losses, anticipated results and timing of our pivotal clinical trial, expectations concerning our ability to secure FDA approval of our Cologuard test, expected license fee revenues, expected research and development expenses, expected general and administrative expenses and our expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management’s Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to …read more
Source: FULL ARTICLE at DailyFinance

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Atlas To Present at The NYSSA 17th Annual Insurance Conference on March 19, 2013

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Atlas To Present at The NYSSA 17 th Annual Insurance Conference on March 19, 2013

CHICAGO–(BUSINESS WIRE)– Atlas Financial Holdings, Inc. (NASDAQ: AFH; TSX.V: AFH) (“Atlas” or the “Company”) today announced Company’s President and CEO, Scott D. Wollney, will present at the New York Society of Security Analysts (NYSSA) 17th Annual Insurance Industry Conference in New York City on Tuesday, March 19, 2013 at 8:30 AM ET.

Atlas’ presentation materials will be available on the Company’s website at www.atlas-fin.com prior to the presentation.

More information on the NYSSA Conference can be gathered from the NYSSA website at www.nyssa.org, or by calling the organization at (212) 541-4530.

About Atlas Financial Holdings, Inc.

The primary business of Atlas is commercial automobile insurance in the United States, with a niche market orientation and focus on insurance for the “light” commercial automobile sector including taxi cabs, non-emergency paratransit, limousine/livery and business auto. The business of Atlas is carried on through its insurance subsidiaries American Country Insurance Company, American Service Insurance Company, Inc. and Gateway Insurance Company. Atlas’ insurance subsidiaries have decades of experience with a commitment to being an industry leader in these specialized areas of insurance.

Forward-looking Statements

This release includes forward-looking statements regarding Atlas and its insurance subsidiaries and businesses. Such statements are based on the current expectations of the management of each entity. The words “anticipate”, “expect”, “believe”, “may”, “should”, “estimate”, “project”, “outlook”, “forecast” or similar words are used to identify such forward looking information. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company and its subsidiaries, including risks regarding the insurance industry, economic factors and the equity markets generally and the risk factors discussed in the “Risk Factors” section of the Company’s Form 10-K for the year ended December 31, 2011 and its recent prospectus. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Atlas and its subsidiaries undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Neither exchange on which the Company’s stock is listed nor their regulation services providers (as that term is defined …read more
Source: FULL ARTICLE at DailyFinance

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Creative Learning Corporation Announces #4 Ranking for Bricks 4 Kidz® in Entrepreneur Magazine's "To

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Creative Learning Corporation Announces #4 Ranking for Bricks 4 Kidz ® in Entrepreneur Magazine’s “Top New Franchises”

ST. AUGUSTINE, Fla.–(BUSINESS WIRE)– Creative Learning Corporation (OTCBB:CLCN), owner and developer of Bricks 4 Kidz®, www.bricks4kidz.com, the highly-popular children’s education and enrichment program, is pleased to announce that Bricks 4 Kidz® has been ranked 4th in Entrepreneur Magazine‘s Top New Franchise List, as featured in their March issue.

Brian Pappas, CEO of Creative Learning Corporation stated, “Entrepreneur Magazine‘s ranking is a great recognition for us considering that in a little over three and a half years Bricks 4 Kidz® has become one of the fastest growing franchises in the U.S. We also feel that our franchisee support and dedication to our owners’ success has been a huge factor in our success. Consequently, we’re seeing quite a few new franchises being purchased by our current franchisees.”

SAFE HARBOR STATEMENT: This press release may contain “forward-looking statements” that are made pursuant to the “safe harbor” provisions as defined within the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” and similar expressions. These statements are based upon management’s current expectations as of the date of this press release. Such forward-looking statements may include statements regarding the Company’s future financial performance or results of operations, including expected revenue growth, cash flow growth, future expenses and other future or expected performances. The Company cautions readers there may be events in the future that the Company is not able to accurately predict or control and the information contained in the forward-looking statements is inherently uncertain and subject to a number of risks that could cause actual results to differ materially from those indicated in the forward-looking statements. Further information on these and other potential factors that could affect the Company’s financial results is included in the Company’s filings with the SEC under the “Risk Factors” sections and elsewhere in those filings.

Creative Learning Corporation
Brian Pappas, 904-824-3133
bpappas@bricks4kidz.com

KEYWORDS:   United States  North America  Florida

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The article Creative Learning Corporation Announces #4 Ranking for Bricks 4 Kidz® in Entrepreneur Magazine’s “Top New Franchises” originally appeared on Fool.com.

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