latest news releases from the newsroom
Integrated Silicon Solution, Inc.
Integrated Silicon Solution, Inc. Board Authorizes $30 Million Share Repurchase Program
SAN JOSE, Calif., Oct. 23, 2007 (PRIME NEWSWIRE) -- Integrated Silicon Solution, Inc. (Nasdaq:ISSI) today announced that its Board of Directors has authorized the Company to repurchase up to $30 million of its stock. The stock repurchases will be conducted under Rule 10b-18 under the Securities Exchange Act of 1934 and will be made through programs, including company stock purchase plans under Rule 10b5-1, through brokers or in privately-negotiated transactions with nonaffiliated stockholders.
Innovative Food Holdings, Inc.
Innovative Food Holdings, Inc. Announces Preliminary Unaudited Results for 2006
NAPLES, Fla., Oct. 23, 2007 (PRIME NEWSWIRE) -- Innovative Food Holdings, Inc. (Pink Sheets:IVFH) announced today that based on preliminary unaudited information, sales for 2006 were $7,028,026. This represents an increase of approximately 27% in revenues 2006 over 2005. Sales in 2006 were strong as a result of the introduction of new products and increased sales of existing products. In addition, preliminary unaudited data reflect that sales for the first half of 2007 were $3,298,326 compared to $3,448,451 in 2006, representing approximately a 4 percent decrease compared to 2006.
Furniture Brands International
Furniture Brands International Unveils Strategic Plan to Investment Community
ST. LOUIS, Oct. 23, 2007 (PRIME NEWSWIRE) -- Furniture Brands International (NYSE:FBN) today hosted a meeting with the investment community to unveil the company's strategic plan. The presentation included comments from CEO-Designate and Vice Chairman Ralph P. Scozzafava and was attended by additional members of the Furniture Brands senior management team. The half-day presentation was webcast and can be viewed at the Investor Relations section of www.furniturebrands.com.
ER Urgent Care Centers
ER Urgent Care Centers Signs With Major Lab
MIAMI, Oct. 23, 2007 (PRIME NEWSWIRE) -- ER Urgent Care Centers (Pink Sheets:ERUC) (ERUC) has signed a major contract with CM Labs. This lab has developed programs to reduce the time involved in getting patients' results on blood tests. They have also made available to us a STAT program that provides immediate results while patients wait. "This new contract will increase our ability to reduce wait time as well as increasing the number of products we can now provide," said Jerry Miller. In addition to this new development we have just completed a Flu Shot program with the Westin Diplomat Hotel and Country Club in Hollywood, Florida. ERUC will be providing flu shots for the more than 1,600 employees. This will provide ERUC with tremendous exposure in the local market. Employees, Family and friends will now know the name ER Urgent Care.
Klondike Star Mineral Corp
Klondike Star Appoints Manager for Indian River Gold Project
SEATTLE, Oct. 23, 2007 (PRIME NEWSWIRE) -- Hans Boge, P.Eng., President, Klondike Star Mineral Corporation (OTCBB:KDSM), today announced the appointment of John Maissan, P. Eng. as mine development manager for the proposed Indian River Gold Project in the Klondike gold district, Yukon, Canada. The mine planning team includes a senior mining process engineer with a leading Canadian engineering firm as well as Yukon-specific expertise in placer mining.
Monroe Bancorp Reports Year-to-Date Net Income Growth of 7.5 Percent and 12.2 Percent Diluted Earnings Per Share Growth Through the Third Quarter of 2007
BLOOMINGTON, Ind., Oct. 23, 2007 (PRIME NEWSWIRE) -- Monroe Bancorp (the "Company") (Nasdaq:MROE), the independent Bloomington-based holding company for Monroe Bank (the "Bank"), today reported net income of $6,200,000 or $0.977 per diluted common share, for the nine months ended September 30, 2007, compared to $5,767,000 or $0.871 per diluted common share for the same period in 2006. This represents a 7.5 percent increase in net income and a 12.2 percent increase in diluted earnings per share. Return on average assets (ROAA) and return on average equity (ROAE) were 1.11 percent and 15.80 percent, respectively, for the first nine months of 2007 compared to 1.06 percent and 14.91 percent, respectively, for the first nine months of 2006.
Capital Southwest Corporation
Capital Southwest Announces Net Asset Value
DALLAS, Oct. 23, 2007 (PRIME NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) today reported net assets at September 30, 2007 of $437,546,529, equivalent to $112.50 per share after deducting an allowance of $43.66 per share for deferred taxes on net unrealized appreciation of investments. Comparative annual data is summarized below: