Latest Corporate finance Stories

ANN ARBOR, Michigan, May 16, 2013 /PRNewswire/ -- Arotech Corporation (Nasdaq GM: ARTX) announced today that the Board of Directors has approved a succession plan of which, as of October 1, 2014, Robert S. Ehrlich will be stepping down as CEO and Steven Esses President will become CEO of Arotech. Mr. Ehrlich will continue to serve on the Board of Directors as Chairman. These changes are reflected in new management contracts signed this week and filed with the SEC. The...

TORONTO, May 15, 2013 /PRNewswire/ - Rogers Communications Inc. ("RCI") today announced that its wholly- owned subsidiary, Rogers Communications Finance Inc. ("RCFI"), has commenced a cash tender offer for any and all of RCI's outstanding U.S.$350,000,000 aggregate principal amount of 6.25% Senior Notes due 2013 (CUSIP # 77509NAH6) (the "Notes") on the terms and subject to the conditions set forth in its Offer to Purchase and Consent Solicitation Statement, dated May 15, 2013, and...

SASKATOON, May 15, 2013 /PRNewswire/ - Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX.V: GWG / OTCQX: GWMGF), a leader in the manufacture and supply of rare earth-based alloys and high purity metals with a low cost, high-grade critical rare earth asset (the "Steenkampskraal Project" or "SKK"), today provided an update on the Company's activities and financials through March 31, 2013, as well as its strategy and outlook. First Quarter and Recent Highlights...

LEXINGTON, Ky., May 15, 2013 /PRNewswire/ -- Rhino Resource Partners LP (NYSE: RNO) ("Rhino") today announced that Dave Zatezalo, President and Chief Executive Officer of Rhino GP LLC, the general partner of Rhino, and Rick Boone, Senior Vice President and Chief Financial Officer of Rhino GP LLC, will present at the National Association of Publicly Traded Partnerships 2013 Master Limited Partnership Investor Conference in Old Greenwich, CT on Thursday, May 23, 2013, at 1:15 pm (ET)....

Teleconference & Webcast to be Held Today at 4:30 pm ET MILWAUKEE, May 15, 2013 /PRNewswire/ -- Telkonet, Inc. (OTC BB: TKOI), whose complementary business divisions include EcoSmart, an energy management technology platform featuring Recovery Time(TM) technology and EthoStream, one of the largest high-speed Internet access ("HSIA") providers in the world, today announced their 2013 first quarter financial results in which the Company recorded a 62% increase in revenue as a result of...

MINNEAPOLIS, MN, May 14, 2013 /PRNewswire/ - BioAmber Inc. ("BioAmber") (NYSE: BIOA.U), announced today the closing of its initial public offering of 8,000,000 units consisting of one share of common stock and one warrant to purchase half of one share of common stock at $10.00 per unit, before underwriting discounts and commissions.  Each warrant will be exercisable at an exercise price of $11.00 per whole share of common stock.  All units are being sold by BioAmber.  The units...

IRVINE, Calif., May 14, 2013 /PRNewswire/ -- Standard Pacific Corp. (NYSE: SPF) today announced the proposed public offering by selling stockholder MP CA Homes LLC, an affiliate of MatlinPatterson Global Advisers LLC, of 20,000,000 of its 237,212,786 shares (on an as converted basis) of the Company's common stock. The selling stockholder also expects to grant the underwriters of the proposed common stock offering an option to purchase up to an additional 3,000,000 shares of the...

WILMERDING, Pa., May 14, 2013 /PRNewswire/ -- Shareholders of Wabtec Corporation (NYSE: WAB) today approved the company's proposals at its annual meeting, and the company's Board of Directors approved a two-for-one stock split and a 60 percent dividend increase. The stock split will be in the form of a 100 percent stock dividend, to be paid June 11, 2013 to shareholders of record June 3, 2013. Shareholders will receive one additional share of Wabtec common stock for each share...

New whitepaper reveals keys to building the right team to drive growth NEW YORK, May 14, 2013 /PRNewswire/ -- At its annual Capital Strategies Conference: executing successful IPOs and exits, Ernst & Young LLP unveils Shoot for the moon: With the right board, the sky's no limit, which offers founders and entrepreneurs leading practices and tips on how to build a well-rounded board to help shape the direction of a company and improve its results. The report is a series of...

ORLANDO, Fla., May 14, 2013 /PRNewswire/ -- Seminole Hard Rock Entertainment, Inc. ("SHRE") announced today the interim results of the previously announced tender offer and consent solicitation by SHRE and Seminole Hard Rock International, LLC ("SHRI" and with SHRE, the "Companies") for any and all of the Companies' outstanding floating rate senior secured notes due 2014 (CUSIP No. 816752AA7 and ISIN USU81633AA48) (the "Notes") and a solicitation of consents to certain proposed...