The Mexico Equity and Income Fund, Inc. (the “Fund”) (NYSE: MXE)
announced today that its Board of Directors has declared a stock
dividend of $1.618 per share payable on January 28, 2015 to common and
preferred stockholders of record on December 30, 2014.
PTS, Inc. (OTC Pinksheets: PTSH) announced today that it is finalizing a
Letter of Intent to acquire KC 9000, a proprietary technology owned by
Freedom Energy Holdings, Inc. (Pinksheets: FDMF) Under the terms of the
agreement, the ownership of KC 9000 will be transferred to a newly
formed subsidiary and PTSH will acquire the subsidiary for an
undisclosed amount of stock.
EnPro Industries, Inc. (NYSE: NPO) today announced that it and its
Garlock Sealing Technologies (GST) subsidiary have reached agreement
with the court-appointed legal representative of future asbestos
claimants (the FCR) in GST’s Asbestos Claims Resolution Process (ACRP).
The agreement includes a revised plan of reorganization that, if
approved by the Bankruptcy Court and implemented, will provide certainty
and finality to the expenditures necessary to resolve all current and
future asbestos claims against GST and against its Garrison Litigation
and Anchor Packing subsidiaries.
ECA Medical Instruments, the leading designer and manufacturer of
single-procedure torque-limiting and fixed-driver surgical instruments
and procedural kits, developed the industry’s first fully disposable
spine implant fixation instrument kit to gain FDA approval, the company
Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) today announced that it has
successfully completed patient enrollment in the first of two pivotal
phase 3 trials evaluating the safety and efficacy of two plecanatide
doses (3.0 and 6.0 mg) in patients with chronic idiopathic constipation
The randomized, 12-week, double-blind, placebo-controlled pivotal phase
3 CIC trial is evaluating plecanatide 3.0 and 6.0 mg, once-daily oral
tablets, in approximately 1350 adult patients with CIC.
A.M. Best has placed under review with positive implications the
financial strength rating (FSR) of A (Excellent) and the issuer credit
ratings (ICR) of “a” of American Strategic Insurance Corp (ASI)
(St. Petersburg, FL) and its affiliates following the announcement that The
Progressive Corporation (Progressive)(NYSE:PGR) has agreed to
acquire a controlling position in ARX Holding Corp ., the parent
company of ASI and its affiliates, for approximately $875 million in
Federated Wireless, which develops technologies to maximize the
utilization of spectrum resources, announced today that Kurt Schaubach,
former Vice President and Chief Technology Officer at National Rural
Telecommunications Cooperative (NRTC), is joining the company as Chief
Forestar Group Inc. ("Forestar") (NYSE: FOR) today announced that its
Board of Directors, working together with its management team and
financial advisor, Goldman, Sachs & Co., is exploring strategic
alternatives to enhance shareholder value.
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.