latest news releases from the newsroom
Hancock Bank Offers New Mortgage Loan Product to Aid Rebuilding
GULFPORT, Miss., Dec. 12, 2006 (PRIME NEWSWIRE) -- Hancock Bank mortgage executives announced today that the 107-year-old company will offer an innovative new type of disaster relief construction loan to assist Gulf South homeowners repairing or rebuilding homes in areas affected by hurricanes Katrina and Rita. The Hancock Bank Home Recovery Construction Loan is a unique product that will allow homeowners to borrow up to 103 percent of the appraised value of the home.
Taro Pharmaceutical Industries Ltd.
Taro Shares to be Delisted From Nasdaq
HAWTHORNE, N.Y., Dec. 12, 2006 (PRIME NEWSWIRE) -- Taro Pharmaceutical Industries Ltd. ("Taro," the "Company") (Nasdaq:TARO) reported today that it has received notice that the Company's ordinary shares will be delisted from The Nasdaq Global Select Market after the close of business on Wednesday, December 13, 2006.
SmallCap Sentinel: Getting a Foothold in an $89 Billion Gift Card Market
IRVINE, Calif., Dec. 12, 2006 (PRIME NEWSWIRE) -- "Investors need look no further than their holiday giving and gift exchanges to prove the use and ubiquity of gift cards," stated SmallCap Sentinel analyst D.R. Clark. "And with a recent article reporting that gift card sales grew from $16 billion in 2000 to $45 billion in 2005 with projections of $89 billion in 2007, innovative companies are looking for their share of this explosively growing market."
Hexagon Metrology, Inc.
ROMER Plans Immediate Response to Initial Office Action From Patent Office in Second Reexamination Proceeding
NORTH KINGSTOWN, R.I., Dec. 12, 2006 (PRIME NEWSWIRE) -- A jury in a federal court in San Diego, California recently found unanimously in favor of ROMER CimCore et al that the U.S. Patent No. 5,829,148 ("the '148 patent") is valid (CimCore Corp., et al. v. Faro Technologies, Inc., Civil Action No. 03-CV-2355 B(WMc)). The related patent infringement suit is scheduled for re-trial on April 3, 2007, following the first trial where the jury was just one vote shy of a unanimous decision finding that FARO was infringing the '148 patent.
Quanex Building Products Corporation
Quanex Elects Joseph D. Rupp to Its Board of Directors
HOUSTON, Dec. 12, 2006 (PRIME NEWSWIRE) -- Quanex Corporation (NYSE:NX) announced today that Joseph D. Rupp has been elected to the Company's Board of Directors, effective January 2, 2007. Mr. Rupp, age 56, is currently the Chairman, President and Chief Executive Officer of Olin Corporation, a $2.4 billion NYSE-traded basic materials company concentrated in metals, chemicals and ammunition. He joined Olin in 1972 and was elected President and CEO in 2002.