NEW YORK, May 24, 2016  -- Spherix Incorporated (SPEX) – an intellectual property development company committed to the fostering and monetization of intellectual property, today announced a second licensing agreement with RPX Corporation (RPXC).

 

Under the new agreement, Spherix receives a cash payment and return of all of the Series H preferred stock of Spherix presently held by RPX, representing the entire class of Series H shares outstanding. In exchange, Spherix granted RPX a portfolio license, which RPX can then use to grant sublicenses to its clients. 

 

In unrelated matters, Spherix's litigations against L3 Communications Inc., TW Telecommunications Inc., Fairpoint Communications Inc., and Uniden will continue.

BOSTON, May 03, 2016 -- Carbonite, Inc. (CARB), a leading provider of cloud backup and disaster recovery solutions for small and midsize businesses (SMBs), today announced financial results for the quarter ended March 31, 2016.

 

Q1'16 Highlights: 

Non-GAAP revenue of $48.7 million increased 47% year over year.1 Revenue of $48.1 million increased 46% year over year.

Bookings of $52.3 million increased 42% year over year.2

SMB bookings grew 124% year over year.

Non-GAAP net income (loss) per share was $0.15 compared with ($0.05) year over year.4 Net loss per share was ($0.17) compared with ($0.23) year over year.

GOTHENBURG, Sweden and ATLANTA, April 20, 2016  -- Thomas Cook Airlines has completed a successful implementation of Manhattan Associates, Inc.’s (NASDAQ:MANH) software for its pre-flight seat delivery service for duty-free items ordered online.

 

Thomas Cook Airlines, a charter airline serving destinations around the globe and part of Thomas Cook Group plc, sought a proven, world-class order fulfillment capability that would enable it to deliver on its operational and business objectives. Thomas Cook selected Manhattan based on the company’s 26-year track record working with the world’s leading brands, and the flexibility of the Manhattan SCALE™platform that makes it possible to manage Thomas Cook’s unique and diverse requirements. The solution implementation was conducted by a joint team from Manhattan, Thomas Cook and Manhattan’s Nordic GeoPartner Idnet.

Board Urges Shareholders Not to Tender Shares as Offer Significantly Undervalues Asta Funding, Inc. and Does Not Reflect the Value the Company will contribute to Shareholders

 

Asta Funding, Inc. Files 14D-9 with SEC and Sends Letter to Shareholders Providing Basis for Board’s Unanimous Decision and Announcing “Dutch Auction” Issuer Tender Offer with a Price Range of $9.50 to $10.25

 

ENGLEWOOD CLIFFS, N.J., March 31, 2016 -- Asta Funding, Inc. (ASFI) (“Asta” or the “Company”) today announced that its Board of Directors, after careful consideration and in consultation with a special committee of the Board and its financial and legal advisors, has unanimously determined to recommend that shareholders reject MPF Investco 4, LLC’s, a direct, wholly-owned subsidiary of The Mangrove Partners Master Fund, Ltd. (“Mangrove”) unsolicited tender offer to acquire up to 3,000,000 shares of common stock of Asta at price of $9.00 per share (the “Mangrove Offer”). Furthermore, the Company has announced its intention to commence an issuer tender offer for 3,000,000 shares of Asta common stock pursuant to a “Dutch Auction” format at a price range of $9.50 to $10.25 per share.