latest news releases from the newsroom
Peoples Bancorp Reports Earnings
AUBURN, Ind., Jan. 29, 2008 (PRIME NEWSWIRE) -- Peoples Bancorp (Nasdaq:PFDC) reported net income for the first quarter ended December 31, 2007, of $787,803 versus the same quarter last year income of $800,436. First Quarter earnings per share was $0.25 per share compared to $0.25 per share for the same period one year ago.
MSB Financial Corp.
MSB Financial Corp. Announces Revision to Stock Incentive Plan and Support of Its Largest Outside Stockholder
MILLINGTON, N.J., Jan. 29, 2008 (PRIME NEWSWIRE) -- MSB Financial Corp. (the Company) has announced that it will file revised proxy material with the Securities and Exchange Commission as a result of revisions to the MSB Financial Corp. 2008 Stock Compensation and Incentive Plan (the Plan), which is being presented to stockholders for approval at the upcoming Annual Meeting of Stockholders. The PL Capital Group, the Company's largest outside stockholder, has informed the Company of its intention to vote in favor of the revised Plan. The major revision made to the Plan was to remove the authority to award shares of restricted stock. The Company may in the future present to its stockholders for approval a plan that includes the authority to issue restricted stock.
Idaho Independent Bank
U.S. Banker Magazine Names Idaho Independent Bank to the All-Star Banking Team
COEUR D'ALENE, Idaho, Jan. 29, 2008 (PRIME NEWSWIRE) -- Jack W. Gustavel, Chairman and Chief Executive Officer of Idaho Independent Bank ("IIB") (OTCBB:IIBK), announced that U.S. Banker Magazine's January edition has named IIB as one of the Top 25 banks in the nation, and in the Top 10 of community banks in the country. There are approximately 7,500 commercial banks nationwide, and the rankings were principally rated on return on equity.
Hutchinson Technology Reports First Quarter Net Earnings Per Share of $0.09
HUTCHINSON, Minn., Jan. 29, 2008 (PRIME NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today reported net income of $2.3 million, or $0.09 per diluted share, on net sales of $173.1 million for its fiscal 2008 first quarter ended December 30, 2007. Diluted earnings per share for the quarter were reduced approximately $0.05 by a pre-tax litigation charge of $2.5 million related to a tentative settlement of a class-action lawsuit regarding the company's pay practices for gowning.
Monroe Bancorp Reports 7.4 Percent Increase in Diluted Earnings Per Share for 2007
BLOOMINGTON, Ind., Jan. 29, 2008 (PRIME NEWSWIRE) -- Monroe Bancorp (the "Company"), (Nasdaq:MROE), the independent Bloomington-based holding company for Monroe Bank (the "Bank"), reported net income of $7,806,000 or $1.235 per diluted common share, for the year ended December 31, 2007, compared to $7,586,000 or $1.150 per diluted common share for 2006. This represents a 2.9 percent increase in net income and a 7.4 percent increase in diluted earnings per share.
EDAP TMS SA
EDAP Adds Sites in Phase II/III Ablatherm-HIFU Clinical Trial for Localized Prostate Cancer
LYON, France, Jan. 29, 2008 (PRIME NEWSWIRE) -- EDAP TMS SA (Nasdaq:EDAP), the global leader in high-intensity focused ultrasound (HIFU) for the treatment of prostate cancer, announced today that it has received Institutional Review Board (IRB) approvals for five additional sites in the United States and Canada. These sites will participate in EDAP's ongoing Phase II/III clinical trial of Ablatherm(r)-HIFU ("Ablatherm"). The trial compares the outcomes of Ablatherm and cryotherapy for the treatment of low-risk prostate cancer. These IRB approvals bring the total number of active sites in the trial to 12.
City National Bank
City National Bank Nevada Executive Chosen to Serve On Opportunity Village and Women's Development Center Boards
LAS VEGAS, Jan. 29, 2008 (PRIME NEWSWIRE) -- City National Bank today announced that John Guedry, executive vice president and Nevada region manager, has been chosen to serve as a board member of Opportunity Village and Women's Development Center (WDC), two of the most well-known and prominent nonprofit organizations in southern Nevada. Guedry joins a group of very distinguished individuals serving on the boards of both of these highly regarded nonprofit agencies. (For an image of Guedry, go to http://www.cnb.com/images/photos/guedry.jpg.)
PremierWest Bank Offers Free Coin Counting Via Coinstar in Branches
MEDFORD, Ore. and BELLEVUE, Wash., Jan. 29, 2008 (PRIME NEWSWIRE) -- PremierWest Bancorp (Nasdaq:PRWT) and Coinstar, Inc. (Nasdaq:CSTR) announced today that customers of PremierWest Bank will soon be able to turn their coin into cash in a matter of minutes at 20 of the bank's full service offices in Oregon and Northern California with the Madison coin-counting kiosk from Coinstar. "Our customers have been asking for a coin-counting service for years and technology has finally allowed us to fulfill their request," stated Jim Ford, President of PremierWest Bank. Ford went on to say, "These coin-counting kiosks will provide another convenient service to both consumer and business customers throughout our territory."
MMC Energy, Inc.
MMC Energy, Inc. Announces Turbine Purchase
NEW YORK, Jan. 29, 2008 (PRIME NEWSWIRE) -- MMC Energy, Inc. (Nasdaq:MMCE) announced that on January 25, 2008, it agreed to purchase two LM-6000 PC Sprint natural gas-fired turbines from GE Packaged Power, Inc, a subsidiary of General Electric, to be used in its Chula Vista Energy Upgrade Project, a 100 MW natural gas-fired power plant in Chula Vista, San Diego County, California.