Latest U.S. Securities and Exchange Commission Stories
DALY CITY, Calif., June 4, 2013 /PRNewswire/ -- Genesys Telecommunications Laboratories, Inc. is commencing today, through its direct wholly-owned subsidiary Sonar Merger Sub Inc., a cash tender offer to purchase all outstanding shares of common stock of SoundBite Communications, Inc. (NASDAQ: SDBT). Genesys announced its intention to acquire SoundBite on Monday, May 20, 2013. Upon the successful closing of the tender offer, stockholders of SoundBite will receive $5.00 in cash for...
Combined Company To Be Called Finjan Holdings, Inc. NEW YORK, June 4, 2013 /PRNewswire/ -- Converted Organics Inc. (OTC MKT: COIN) (the "Company") today announced the successful completion of a merger transaction (the "Merger") with Finjan, Inc. ("Finjan"), in which the Company acquired Finjan. The name of the Company has been changed to Finjan Holdings, Inc. The Company's common stock will continue be quoted on the OTC markets under the symbol "COIN," although we anticipate that a...
NES-ZIONA, Israel, June 4, 2013 /PRNewswire/ -- PROLOR Biotech, Inc. (NYSE Mkt: PBTH), a company developing next-generation biobetter therapeutic proteins, today announced the initiation of a pivotal Phase III clinical trial of hGH-CTP, the company's proprietary version of human growth hormone (hGH), in growth hormone deficient adults. PROLOR is developing hGH-CTP to provide growth hormone deficient adults and children with hGH therapy that may require only once-weekly or bi-monthly...
OKLAHOMA CITY, June 3, 2013 /PRNewswire/ -- Elephant Talk Communications Corp. (NYSE MKT: ETAK), a leading international provider of proprietary Software Defined Network Architecture (Software DNA(TM)) platforms for the telecommunications industry that empower Mobile (Virtual) Network Operators (MNOs and MVNOs) and a market leader in providing solutions to counter electronic fraud in the cloud, announced today that it has entered into a Securities Purchase Agreement with investors,...
MUNDELEIN, Ill., June 3, 2013 /PRNewswire/ -- Z Trim Holdings, Inc. (OTC Markets: ZTHO), a bio-technology company providing value-added ingredients to a variety of industries, today announced that it recorded, in the month of May 2013, sales growth of 32% over May 2012. "Since receiving labeling approval for the use of Z Trim ingredients in meat applications from the FDA last fall, we have begun to penetrate that market," said Lynda Carroll, VP of Sales and Applications. "Meat...
NEW YORK, June 3, 2013 /PRNewswire/ -- Target Corp. (NYSE: TGT: $69.50) has been picked by S&P Capital IQ as its Focus Stock of the Week. TGT carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy. (Logo: http://photos.prnewswire.com/prnh/20130524/NY19925LOGO) "Despite near-term headwinds related to higher taxes, delayed tax refunds and difficult weather comparisons, we expect consumer spending to accelerate later in 2013 and into 2014, driven...
RESTON, Va., June 3, 2013 /PRNewswire/ -- comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to an aggregate of $50 million of its outstanding common stock through May 29, 2014. The share repurchase plan will be executed in accordance with guidelines specified under Rule 10b5-1 and Rule 10b-18 of the Securities and Exchange Act of 1934, as...
HOUSTON, June 3, 2013 /PRNewswire/ -- LEGAL NOTICE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF TEXAS SEC v. GOLDEN STATE EQUITY INVESTORS, INC., CASE NO. 4:09cv1307 (MH) IF YOU PURCHASED GRIFCO COMMON STOCK DURING THE PERIOD FROM JANUARY 1, 2005 THROUGH DECEMBER 14, 2006, YOU MAY BE ENTITLED TO A MONETARY PAYMENT FROM A FAIR FUND DISTRIBUTION. On April 30, 2009, the Securities and Exchange Commission ("SEC") filed its Complaint in this action alleging that Golden...
HOUSTON, June 3, 2013 /PRNewswire/ -- Sanchez Energy Corporation (NYSE: SN), a fast growing independent oil and gas company targeting the liquids-rich Eagle Ford Shale, Austin Chalk, Buda Limestone, and Pearsall Shale, today provided a capital spending and operations update following the closing of its acquisition of the Cotulla Eagle Ford properties from Hess Corporation. Summary Highlights Estimated average production rate for May 2013, pro forma for the Cotulla assets, of 12,200...
NEW YORK, May 31, 2013 /PRNewswire/ -- Royalty Pharma is today issuing a presentation outlining why it believes Elan's (NYSE: ELN) valuation of Tysabri, as set out in materials released by Elan on 29 May 2013, is far too high. The presentation may be found at http://www.rns-pdf.londonstockexchange.com/rns/0487G_-2013-5-31.pdf J.P. Morgan, together with its affiliate J.P. Morgan Cazenove, BofA Merrill Lynch, together with its affiliate Merrill Lynch International, and Groton...
