latest news releases from the newsroom
New Solutia Stock Begins Trading On the New York Stock Exchange On a When Issued Basis
ST. LOUIS, Dec. 20, 2007 (PRIME NEWSWIRE) -- Solutia Inc. (NYSE:SOA), a leading manufacturer and provider of high-performance specialty materials and chemicals, today announced that the common stock of reorganized Solutia that will be issued pursuant to the company's Plan of Reorganization has begun trading on the New York Stock Exchange. The ticker symbol for this stock is SOA. Currently the ticker symbol also includes the "wi" notation, which means the stock is being traded on a "when issued" basis. The "wi" notation will be removed when the stock begins "regular way" trading.
Flamemaster Reports a Decline in Earnings On a 4.2 Percent Increase in Sales for Fiscal Year Ended September 30, 2007
PACOIMA, Calif., Dec. 20, 2007 (PRIME NEWSWIRE) -- Flamemaster Corporation (Pink Sheets:FAME) reported net income of $363,169 on sales of $6,287,239 for the year ended September 30, 2007. In the previous year earnings were $787,311 on sales of $6,036,669. Per share results were $.30 fully diluted in 2007 vs. $.64 fully diluted in 2006.
SenoRx Provides Initial Estimate for 2008 Revenue
ALISO VIEJO, Calif., Dec. 20, 2007 (PRIME NEWSWIRE) -- SenoRx, Inc. (Nasdaq:SENO) today provided its initial estimate for revenues in 2008, which it expects will be in a range of $46 million to $50 million. SenoRx had previously indicated that it would be finalizing its annual strategic plan in December and would provide its estimate for 2008 revenues at that time.
NFJ Dividend, Interest & Premium Strategy Fund
NFJ Dividend, Interest & Premium Strategy Fund Reports Results for the Fiscal Quarter and Nine Months Ended October 31, 2007
NEW YORK, Dec. 20, 2007 (PRIME NEWSWIRE) -- NFJ Dividend, Interest & Premium Strategy Fund (the "Fund") (NYSE:NFJ), a closed-end management investment company which seeks current income and gains, with a secondary objective of long-term capital appreciation, today announced its results for the fiscal quarter and nine months ended October 31, 2007.
The Korea Fund, Inc.
The Korea Fund, Inc. Declares Income and Capital Gain Distribution
NEW YORK, Dec. 20, 2007 (PRIME NEWSWIRE) -- The Board of Directors of The Korea Fund, Inc. (NYSE:KF) (the "Fund") announced today that it has declared an income and capital gain distribution aggregating $1.47 per share. The distribution is comprised of net investment income of $0.1715 per share, long-term capital gains of $0.9252 per share and short-term capital gains of $0.3733 per share.