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Last updated on April 20, 2014 at 21:20 EDT

Latest Corporate finance Stories

2014-04-16 08:37:48

CHICAGO, April 16, 2014 /PRNewswire/ -- K2 Design & Strategy, Inc., (the "Company") has entered into a USD $45 million equity subscription facility with a leading private equity investment firm, Lambert Private Equity LLC (the "Investor"). The company plans to list initially on the OTCBB or equivalent exchange. K2 Design & Strategy, Inc. is an advanced analytics & digital innovation company; bringing advanced technologies to market which enhance performance of high stakes teams...

2014-04-16 08:32:27

REDWOOD CITY, Calif., April 16, 2014 /PRNewswire/ -- Cardica, Inc. (Nasdaq: CRDC) today announced the pricing of an underwritten public offering of 32,500,000 shares of its common stock, offered at a price to the public of $0.85 per share, and 191,474 shares of its Series A convertible preferred stock, offered at a price to the public of $85.00 per share. The Series A convertible preferred stock is non-voting and is convertible into shares of Cardica common stock at a conversion rate...

2014-04-16 08:24:19

IRVINE, Calif., April 16, 2014 /PRNewswire/ -- ENER-CORE, INC. (OTCQB: ENCR) (the "Company"), whose proprietary Gradual Oxidation technology and equipment generates clean electric power from low quality and waste gases, is pleased to announce that it entered into a definitive agreement to issue $4.6 million of senior secured convertible notes as well as warrants to purchase common stock in a private placement. Gross proceeds of $4 million from the transaction will be used for working...

2014-04-16 00:21:45

Just launched with funding from the private equity firm, Pango Financial aims to provide entrepreneurs and small to medium-sized businesses with viable funding alternatives. WILMINGTON, Del., April 16, 2014 /PRNewswire/ -- East Atlantic Investment Corporation (EAIC) today announced the launch of a new startup it has helped to fund. Named Pango Financial LLC (Pango), the company will focus on enabling clients to fund the acquisition or recapitalization of new or existing businesses....

2014-04-16 00:21:42

MONTREAL, April 15, 2014 /CNW Telbec/ - Hybrid Paytech World (the "Company" or "Hybrid") (CSE: HPT) (OTC: FPOTF) a leader on Mobile Credit and PIN Debit payment solutions, announces the following: Closing of $ 1,500,000 Financing The Company has completed the first tranche of the private placement out of the $ 4,000,000 authorized financing previously announced on April 7(st), 2014 involving the issuance of unsecured convertible debentures totalling $1,500,000 (the "Debentures")....

2014-04-15 20:21:40

PITTSBURGH, April 15, 2014 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) ("CONSOL") announced that, as of 5:00 p.m., New York City time, today (the "Withdrawal Time"), as reported by the tender agent, it had received tenders and consents from holders of approximately $583 million, or 38.9 percent, of the principal amount of its outstanding 8.00% senior notes due 2017 (the "2017 Senior Notes"), in connection with its previously announced tender offer (the "Offer") and consent...

2014-04-15 20:21:35

GREENVILLE, SC, April 15, 2014 /PRNewswire/ - The Board of Directors of Scio Diamond Technology Corporation (OTCQB: SCIO) announced today that it has adopted a shareholder rights plan, which is scheduled to expire on April 15, 2017. Under the plan, one common stock purchase right will be distributed for each share of common stock held by stockholders of record on April 25, 2014. The rights plan is intended to enable all of the Company's stockholders to realize the underlying value of...

2014-04-15 16:20:58

JACKSONVILLE, Fla., April 15, 2014 /PRNewswire/ -- Highlights: -- First-quarter earnings per share of $0.40 -- CSX continues to expect modest full-year earnings growth -- Merchandise and intermodal show continued strength, and the utility coal environment is improving -- Quarterly dividend increases 7 percent beginning in second quarter to $0.16 per share CSX Corporation (NYSE: CSX) today announced first-quarter net earnings of $398 million, or $0.40 per...

2014-04-15 12:28:23

Editor Note: For more information about this release, please scroll to bottom. LONDON, April 15, 2014 /PRNewswire/ -- Earningsource.com provides investors with earnings schedule updates throughout the earnings season. With timely information on past earnings performance and earnings projection for their upcoming quarterly release, our aim is to ensure shareholders and traders have an edge on their investment decisions on the following companies: United Technologies Corp. (NYSE:...

2014-04-15 08:22:34

TORONTO, April 15, 2014 /PRNewswire/ - Augusta Resource Corporation (TSX and NYSE MKT: AZC) ("Augusta" or the "Company") notes the announcement by HudBay Minerals Inc. ("HudBay") that it has applied to the British Columbia Securities Commission to seek to cease trade Augusta's shareholder rights plan. This is a deliberate attempt by HudBay to deny Augusta's shareholders of their ability to make one of the most critical decisions in respect of their investment in Augusta. Augusta...