latest news releases from the newsroom
CAI International, Inc. Reports Results for the Third Quarter of 2008
SAN FRANCISCO, Oct. 30, 2008 (GLOBE NEWSWIRE) -- CAI International, Inc. (CAI) (NYSE:CAP) reported that net income in the third quarter of 2008 increased $0.5 million, or 9.3%, to $5.9 million, compared with net income of $5.4 million in the third quarter of 2007. Fully diluted earnings per share in the third quarter of 2008 was $0.34 with 17.5 million average shares outstanding, compared to a fully diluted earnings per share of $0.32 with 17.1 million average shares outstanding during the third quarter of 2007.
Third Federal Savings and Loan
TFS Financial Corporation Declares Fourth Dividend
CLEVELAND, Oct. 30, 2008 (GLOBE NEWSWIRE) -- TFS Financial Corporation (Nasdaq:TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland, announced today that the Board of Directors has declared the Company's fourth quarterly cash dividend of $0.05 per share, payable on November 28, 2008 to stockholders of record on November 14, 2008. Third Federal Savings and Loan Association of Cleveland, MHC, has waived its right to receive the dividend on the 227,119,132 shares of common stock it owns.
Simmons First National Corporation
Simmons First Receives Preliminary Approval to Participate in Treasury's Capital Purchase Program
PINE BLUFF, Ark., Oct. 30, 2008 (GLOBE NEWSWIRE) -- Simmons First National Corporation (Nasdaq:SFNC) announced today that it has received preliminary approval to participate in the U.S. Treasury's Capital Purchase Program, subject to standard closing conditions. The Capital Purchase Program is designed to provide additional capital to healthy financial institutions, thereby increasing confidence in our banking industry and encouraging increased lending. Simmons First expects to sell $40 million of preferred stock through the program.
American Physicians Capital, Inc.
American Physicians Capital, Inc. Reports Third Quarter 2008 Results
EAST LANSING, Mich., Oct. 30, 2008 (GLOBE NEWSWIRE) -- American Physicians Capital, Inc. (APCapital) (Nasdaq:ACAP) today announced net income of $11.2 million or $1.13 per diluted common share for the third quarter of 2008. This compares to net income of $13.3 million, or $1.21 per diluted share for the third quarter of 2007. Year-to-date APCapital has generated net income of $33.6 million or $3.37 per diluted share in 2008. This compares to year-to-date net income of $40.1 million or $3.54 per diluted share as of September 30, 2007. At September 30, 2008, APCapital's book value per share was $27.94 based on 9,594,712 shares outstanding.
Express Scripts, Inc.
Express Scripts Reports a 33 Percent Increase in Third Quarter Earnings Per Share
ST. LOUIS, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Express Scripts, Inc. (Nasdaq:ESRX) announced third quarter net income from continuing operations of $203.0 million, or $0.81 per diluted share, representing a 33% increase over $0.61 on an adjusted basis for the same quarter last year. The Company reported year to date cash flow from continuing operations of $727.1 million compared to $505.8 million for year to date 2007.
OPNET Technologies, Inc.
OPNET Announces Financial Results for Second Quarter of Fiscal 2009
BETHESDA, Md. Oct. 30, 2008 (GLOBE NEWSWIRE) -- OPNET Technologies, Inc. (Nasdaq:OPNT), a leading provider of solutions for managing networks and applications, today announced that revenue for the second fiscal quarter, ended September 30, 2008 was $32.4 million, compared to $25.0 million for the same quarter in the prior fiscal year. Diluted earnings per share for the second quarter of fiscal 2009 were $0.10, compared to diluted earnings per share of $0.06 for the same quarter in the prior fiscal year.
Southwest Georgia Financial Corporation
Southwest Georgia Financial Corporation Announces Financial Results for the Third Quarter of 2008
MOULTRIE, Ga., Oct. 30, 2008 (GLOBE NEWSWIRE) -- Southwest Georgia Financial Corporation (AMEX:SGB), a full service community bank holding company, today reported a net loss of $2.666 million for the third quarter of 2008 compared with net income of $778 thousand for the third quarter of 2007. On a per diluted share basis, the net loss was $1.05 for the third quarter of 2008, compared with income per share of $0.30 for the third quarter of 2007. As was disclosed by the Company on September 29, 2008, third quarter results were negatively impacted by a $4.105 million non-cash loss related to the impairment of equity securities and a $1.002 million loss sustained by our commercial mortgage banking subsidiary. The non-cash loss on the impairment of equity securities was an accounting mark-to-market rule requiring it to be reflected through income. Excluding these unusual items, net income would have been $418 thousand, or $0.16 per diluted share, for the third quarter.