latest news releases from the newsroom
Globalstar Announces Annual and Fourth Quarter Results for 2008
MILPITAS, Calif., March 31, 2009 (GLOBE NEWSWIRE) -- Globalstar, Inc. (Nasdaq:GSAT), a leading provider of mobile satellite voice and data services to businesses, governments and individuals, today announced its operational and financial results for the three- and twelve-month periods ended December 31, 2008.
Pacific Ethanol, Inc.
Pacific Ethanol Announces Forbearance Agreements Extended With Lenders; Company Files Annual Report On Form 10-K
SACRAMENTO, Calif., March 31, 2009 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (Nasdaq:PEIX), announced today that the forbearance agreements with its lenders have been extended as the Company continues attempts to negotiate new loan terms. These agreements provide that the Company's lenders will refrain from exercising their rights and remedies through April 30, 2009, in respect of certain loan covenant defaults. Negotiations are ongoing with the Company's lenders, namely Wachovia Capital Finance Corporation (Western), with respect to its operating line of credit for Kinergy Marketing, WestLB AG and the other lenders under the Credit Agreement dated February 27, 2007 with respect to its term loans and working capital lines of credit for its wholly-owned ethanol production facilities, and Lyles United, LLC and its affiliate Lyles Mechanical Co., with respect to other outstanding loans.
Criticom Monitoring Services to Participate in ISC West This Week
LONGWOOD, Fla., March 31, 2009 (GLOBE NEWSWIRE) -- Criticom Monitoring Services (CMS) will host an exhibit at ISC West, April 1 - 3, 2009, at the Sands Expo and Convention Center in Las Vegas. CMS President Tony Wilson and dealer relations representatives will be at booth #14083 to meet with security professionals from around the country.
ALLDATA(r)diy.com Provides Information to Help Extend Vehicle Life
ELK GROVE, Calif., March 31, 2009 (GLOBE NEWSWIRE) -- ALLDATA(r) LLC, the leading provider of vehicle manufacturers' service and repair information for professional repair shops, also provides vehicle owners with access to factory maintenance schedules and recommended service for both normal and severe service. A subscription to ALLDATAdiy.com is an affordable way to help vehicle owners care for their own vehicles.
Bridge Bancorp, Inc.
Bridge Bancorp, Inc. Announces First Quarter 2009 Dividend
BRIDGEHAMPTON, N.Y., March 31, 2009 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc. (the "Company") (Nasdaq:BDGE), the holding company for The Bridgehampton National Bank (the "Bank", "BNB"), announced the declaration of a quarterly dividend of $0.23 per share. The dividend will be payable on April 28, 2009 to shareholders of record as of April 14, 2009. The Company continues its trend of uninterrupted dividends.
MediciNova Reports Fourth Quarter and Full Year 2008 Results
SAN DIEGO, March 31, 2009 (GLOBE NEWSWIRE) -- MediciNova, Inc., a biopharmaceutical company that is publicly traded on the Nasdaq Global Market (Nasdaq:MNOV) and the Hercules Market of the Osaka Securities Exchange (Code Number: 4875), today announced financial results for the fourth quarter and full year ended December 31, 2008.
Axcelis Technologies, Inc.
Axcelis Announces Financial Results for Fourth Quarter and Full Year 2008
BEVERLY, Mass., March 31, 2009 (GLOBE NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq: ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2008. The Company reported fourth quarter revenue of $42.0 million, compared to $46.5 million for the third quarter of 2008. Net loss for the fourth quarter was $141.4 million, or $1.37 per share, which includes charges for restructuring of $3.4 million ($0.03 per share), impairment of intangible and long-lived assets of $46.9 million ($0.46 per share), impairment of goodwill of $42.1 million ($0.41 per share), and excess inventory of $23.2 million ($0.23 per share). This compares to a net loss for the third quarter of 2008 of $24.7 million, or $0.24 per share. In the corresponding quarter for the previous year, the Company reported revenues of $89.6 million, and net loss of $10.6 million, or $0.10 per share, which includes a charge for restructuring of $2.5 million ($.02 per share.)