latest news releases from the newsroom
Education Realty Trust, Inc.
Education Realty Trust Announces Closing of Its Common Stock Offering and Exercise of Overallotment Option
MEMPHIS, Tenn., July 28, 2009 (GLOBE NEWSWIRE) -- Education Realty Trust, Inc. (NYSE:EDR) today announced that it has closed its underwritten public offering of 28,175,000 shares of its common stock, including 3,675,000 shares purchased by the underwriters pursuant to an overallotment option. The Company received approximately $116 million in net proceeds from the offering after deducting the underwriting discount and other estimated offering expenses. BofA Merrill Lynch, KeyBanc Capital Markets Inc. and UBS Investment Bank served jointly as book-running managers for the offering.
NexHorizon Communications, Inc.
NexHorizon Communications, Inc. Increases Internet Speed
WESTMINSTER, Colo., July 28, 2009 (GLOBE NEWSWIRE) -- NexHorizon Communications, Inc. (Pink Sheets:NXHZ) today announced it has completed the next increase in High Speed Internet upgrade for NexHorizon Broadband (formerly Chula Vista and National City cable) systems located in Southeast California. The completed upgrades include expanding the former 5 Meg Internet Service to up to 15 Meg High Speed Service. The existing and future customers will see significantly faster Internet speeds and greater bandwidth to expand services, i.e., more digital video channels and digital voice (VoIP).
Merit Medical Systems, Inc.
Merit Medical Announces Record Sales, Up 13 Percent, for the Second Quarter Ended June 30, 2009
SOUTH JORDAN, Utah, July 28, 2009 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable medical devices used in interventional and diagnostic procedures, particularly in cardiology, radiology and gastroenterology, today announced record revenues of $64.8 million for the quarter ended June 30, 2009, an increase of 13% over revenues of $57.4 million for the second quarter of 2008. Revenues for the six-month period ended June 30, 2009 were a record $123.2 million, compared with $111.0 million for the same six-month period in 2008, a gain of 11%.
Martin Midstream Partners L.P.
Martin Midstream Partners Announces Quarterly Distribution of $0.75 Per Unit to be Paid On August 14, 2009
KILGORE, Texas, July 28, 2009 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (Nasdaq:MMLP) announced today that is has declared a quarterly cash distribution of $0.75 per unit for the quarter ended June 30, 2009. This quarterly distribution remains unchanged from the distribution paid in the prior quarter and represents a 1.4% increase over the quarterly distribution paid in the same quarter of 2008. The distribution is payable on August 14, 2009 to common and subordinated unitholders of record as of the close of business on August 7, 2009. The August distribution is based on the current operating performance of, and the current general economic, industry and market conditions impacting MMLP and reflects an annualized distribution rate of $3.00 per unit.