latest news releases from the newsroom
Relypsa, Inc. Announces Closing of Public Offering of Common Stock
REDWOOD CITY, Calif., April 16, 2014 (GLOBE NEWSWIRE) -- Relypsa, Inc. (Nasdaq:RLYP), a biopharmaceutical company, today announced the closing of its public offering of 4,130,611 shares of its common stock at a price to the public of $24.50 per share for gross proceeds of approximately $101 million, which includes the exercise in full by the underwriters of their option to purchase up to 538,775 additional shares of common stock. Relypsa estimates net proceeds from the offering to be approximately $94 million, after deducting underwriting discounts and commissions and estimated offering expenses.
Union Bankshares, Inc.
Union Bankshares Announces First Quarter Ended March 31, 2014 Earnings and Quarterly Dividend Payment
MORRISVILLE, Vt., April 16, 2014 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (Nasdaq:UNB) today announced Net Income for the quarter ended March 31, 2014 of $1.76 million, or $.40 per share, compared to $1.74 million, or $.39 per share, for 2013. Net income increased $27 thousand, or 1.6%, despite an increase in the provision for loan losses of $15 thousand, or 25%, a reduction in noninterest income of $193 thousand, or 8.9%, and an increase in salaries and wages of $90 thousand, or 4.2%. However, these items were positively offset by an increase in net interest income of $246 thousand, or 4.7%, and a net reduction of $80 thousand, or 2.6% in noninterest expenses excluding salaries and wages. Noninterest income declined in 2014 compared to 2013 primarily due to a reduction in gain on sale of real estate loans of $234 thousand and a decrease of $86 thousand in net mortgage servicing rights income, offset by an increase in other service charges of $107 thousand and an increase in gains on sales of securities of $41 thousand. Noninterest expenses increased $10 thousand for the quarter ended March 31, 2014 compared to the same period for 2013. The net increase was the result of an increase in salaries and wages of $90 thousand for the quarter ended March 31, 2014 compared to the same period for 2013 due to annual salary increases and hiring of employees for open positions in mid 2013 that were vacant during the first quarter of 2013, an increase in occupancy expenses of $8 thousand, offset by a decrease in pension and employee benefits of $16 thousand, a decrease in equipment expenses of $39 thousand, and a decrease of $33 thousand in other expenses.
Inception Mining Inc.
Inception Mining Announces Completion of a Surface Use Determination by the National Forest Service on Its U.P. and Burlington Property
SALT LAKE CITY, April 16, 2014 (GLOBE NEWSWIRE) -- Inception Mining Inc. (OTCQB:IMII) ("Inception" or the "Company") is pleased to announce that the National Forest Service, Salmon-Challis Ranger District (NFS), has completed a Surface Use Determination associated with their U.P. and Burlington Project located in Lemhi County, Idaho. This Surface Use Determination was completed in association with the recently approved Plan of Operations and pursuant to which the NFS investigated the "appropriateness of the project scope" and documented whether the proposed access was "reasonably incident" to the mining activities proposed on the patented mining claims.
EQS Group AG
DGAP-News: Hapag-Lloyd and CSAV agree to merge and create the fourth largest container shipping company
DGAP-News: HAPAG - LLOYD AG / Key word(s): Mergers & Acquisitions
Hapag-Lloyd and CSAV agree to merge and create the fourth largest
container shipping company
16.04.2014 / 20:31
Hamburg, 16 April 2014
Hapag-Lloyd and CSAV agree to merge and create the fourth largest container
Binding agreement signed / In return for contributing its container
business, CSAV becomes new core shareholder of Hapag-Lloyd / H