latest news releases from the newsroom
Altisource Portfolio Solutions S.A.
Altisource Announces Acquisition of The Mortgage Partnership of America, L.L.C.
LUXEMBOURG, Feb. 12, 2010 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions (Nasdaq:ASPS) announced today the acquisition of The Mortgage Partnership of America, L.L.C. (MPA). MPA serves as the manager of the Lenders One Mortgage Cooperative (Lenders One), a national alliance of mortgage bankers established in 2000 that consists of more than 155 members that originated more than $75 billion in mortgage loans during 2009.
A123 Systems, Inc.
A123 Systems Announces Date for Fourth Quarter and Full Year 2009 Results
WATERTOWN, Mass., Feb. 12, 2010 (GLOBE NEWSWIRE) -- A123 Systems (Nasdaq:AONE), a developer and manufacturer of advanced Nanophosphate(TM) lithium ion batteries and systems, announced today that it will release its fourth quarter and full year 2009 financial results for the period ended December 31, 2009 after the market close on Tuesday, March 9, 2010. On that day, management will hold a conference call and webcast at 5:00 p.m. ET to review and discuss the Company's results for the fourth quarter and full year. A recorded version of this webcast will be available two hours after the call and accessible at
Community Financial Corporation
Community Financial Reports Quarterly and Nine Month Earnings
STAUNTON, Va., Feb. 12, 2010 (GLOBE NEWSWIRE) -- Community Financial Corporation (Nasdaq:CFFC), a holding company whose sole subsidiary is Community Bank, Staunton, Virginia, today reported earnings for the quarter and nine months ended December 31, 2009. For the quarter ended December 31, 2009, Community Financial reported earnings of $832,000 or $.15 per diluted share, compared to $4,239,000 or $.97 per diluted share for the same period last year. Net income for the current quarter compared to the December 31, 2008 quarter decreased due to the tax benefit of $4,384,000 on the other than temporary impairment (OTTI) non-cash charge of $11,535,000 related to Fannie Mae and Freddie Mac preferred stock in the 2008 quarter, an increase in the provision for loan losses of $473,000 in the 2009 quarter partially offset by an increase in net interest income of $1.0 million and an increase in non-interest income of $598,000.
Black Dragon Resource Companies, Inc.
Black Dragon's Year End Over $300,000 for 2009
OIL CITY, La., Feb. 12, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc.'s ("the Company", "Dragon") (Pink Sheets:BDGR) Chairman and CEO, Mr. Scott D. Smith is pleased to announce today that Black Dragon showed $300,000 in profit, as opposed to the previously announced $100,000.