Matthew Kennedy

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Matthew Kennedy

Sterling Construction Company Subsidiary Road and Highway Builders of California is Apparent Low Bidder on an

Post date: 03/16/2012 - 11:51am

Sterling Construction Company, Inc. (Nasdaq: STRL) today announced that its subsidiary, Road & Highway Builders of California, was apparent low bidder on a California State Highway 89 project, for the State of California Department of Transportation valued at approximately $34.4 million.

Penn National Gaming Announces Agreement with State of Ohio Regarding the Relocation of Its Two Racetracks

Post date: 03/16/2012 - 10:30am

Penn National Gaming, Inc.

Atlas Partners Up 24% After Oil Asset Acquisition

Post date: 03/16/2012 - 9:57am

Shares of Atlas Partners (NYSE: ARP) are up 24% after the company agreed to acquire new oil assets.

The company has entered into a definitive purchase and sale agreement to acquire approximately 277 bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale in Texas from Carrizo Oil & Gas (NASD: CRZO ) for approximately $

Getty Realty Down 12% After Reporting Earnings

Post date: 03/16/2012 - 9:49am

Getty Realty (NYSE: GTY) is down 12% after the company reported earnings yesterday.

Earnings from continuing operations, net earnings and FFO for both the quarter and year ended December 31, 2011, were materially adversely impacted by $8.7 million and $19.8 million of non-cash charges, respectively, recorded to reflect an increase in the Company's st

Discovery Labs Down 17% After Public Offering Announcement

Post date: 03/16/2012 - 9:43am

Discovery Labs (NASDAQ: DSCO) is down 17% after the company announced a public offering of stock.

The Company also expects to grant the underwriters a 30-day option to purchase additional shares of common stock to cover over-allotments, if any.

Threshold Pharma Up 7% After Receiving Orphan Drug Status

Post date: 03/16/2012 - 9:37am

Threshold Pharmaceuticals, Inc.

OncoGenex Pharmaceuticals Prices $50 Million Public Offering

Post date: 03/16/2012 - 9:09am

OncoGenex Pharmaceuticals, Inc.

Bank of America Declares Quarterly Dividend on Series L Preferred Stock

Post date: 03/16/2012 - 9:01am

Bank of America Corporation today announced the Board of Directors authorized a regular quarterly dividend of $18.125 per share on the 7.25 percent Non-Cumulative Perpetual Convertible Preferred Stock, Series L. The dividend is payable on April 30, 2012 to shareholders of record as of April 1, 2012.

Authentidate Holding Corp. Announces Loan Financing of $4.0 Million

Post date: 03/16/2012 - 9:00am

Authentidate Holding Corp. (Nasdaq: ADAT), a provider of secure web-based software applications and telehealth products and services for healthcare organizations, announced that it has completed a $4.0 million secured loan financing with certain accredited investors. The group of investors included three Authentidate board members, Mr. J.

Sprint Elects to Terminate Spectrum Hosting Agreement with LightSquared

Post date: 03/16/2012 - 9:00am

Sprint (NYSE: S) today issued the following statement regarding the spectrum hosting agreement it signed with LightSquared in June 2011. Per the agreement, Sprint agreed to deploy and operate an LTE network capable of utilizing the 1.6 GHz spectrum licensed to or available to LightSquared.