TerraForm Power, Inc.
TerraForm Power, Inc. Names Alejandro Hernandez Chief Financial Officer
BELTSVILLE, Md., Sept. 17, 2014 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq:TERP) today announced that Alejandro "Alex" Hernandez has been appointed as its Executive Vice President and Chief Financial Officer, effective on September 29, 2014, his start date with the company. Mr. Hernandez will report directly to Carlos Domenech, the company's Chief Executive Officer and President.
EMCORE Corporation Announces CEO Transition Plan
ALBUQUERQUE, N.M., Sept. 17, 2014 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq:EMKR), a leading provider of compound semiconductor-based components and subsystems for the fiber optic and space solar power industries, today announced a transition plan of its Chief Executive Officer position in connection with the announced sale of its Space Photovoltaics business. In light of EMCORE's more narrowly focused business operations following the completion of this transaction, Dr. Hong Q. Hou, EMCORE's President and Chief Executive Officer, will be stepping down from his position. Dr. Hou will continue to serve in his current role until his successor is appointed. Dr. Hou, who has served as EMCORE's President and Chief Executive Officer since March 2008 and as member of the Company's Board of Directors since 2006, will work with the Board to ensure a smooth transition to EMCORE's next Chief Executive Officer for the remaining fiber optics business. Dr. Hou will resign from the Board of Directors once a successor has been appointed.
EMCORE Corporation Announces the Sale of Its Space Photovoltaics Business to Veritas Capital
ALBUQUERQUE, N.M., Sept. 17, 2014 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq:EMKR) a leading provider of compound semiconductor-based components, subsystems, and systems for the fiber optics and space solar power industries, announced today that it has entered into a definitive agreement with an affiliate of private equity firm Veritas Capital, under which an affiliate of Veritas has agreed to purchase EMCORE's Space Photovoltaics business for $150 million in cash. The transaction is subject to approval by EMCORE's shareholders and other customary closing conditions and is currently expected to close in December 2014 or January 2015. The transaction is not subject to a financing condition.
Intersect ENT Enrolls First Patient in Clinical Study to Expand Access to PROPEL Treatment to Broader Patient Population
MENLO PARK, Calif., Sept. 17, 2014 (GLOBE NEWSWIRE) -- Intersect ENT, Inc. (Nasdaq:XENT), a company dedicated to improving the quality of life for patients with ear, nose and throat conditions, today announced the enrollment of the first patient in PROGRESS, a prospective, randomized, blinded, multi-center trial to assess the safety and efficacy of the PROPEL
ALCO Stores, Inc.
ALCO Stores, Inc. to Issue Second Quarter Fiscal 2015 Financial Results on Monday September 22, 2014, at Market Close
COPPELL, Texas, Sept. 17, 2014 (GLOBE NEWSWIRE) -- ALCO Stores, Inc. (Nasdaq:ALCS) ("ALCO" or the "Company"), a broad line retailer which specializes in providing a superior selection of essential products for everyday life in small-town America, today announced that it will issue financial results for the second quarter of fiscal 2015 ended on August 3, 2014, on Monday September 22, 2014, at the Market Close.