latest news releases from the newsroom
RedChip Companies Inc.
President of RedChip Speaks At New York Society of Security Analysts
ORLANDO, Fla., Aug. 5, 2009 (GLOBE NEWSWIRE) -- In a recent event held at the offices of the New York Society of Security Analysts (NYSSA), Dave Gentry, president of RedChip Companies, participated in a panel discussion with distinguished analysts that included Steve Biggar of Morningstar; Haywood Kelly, CFA, Director of Research, Morningstar; John Eade of Argus Research; Debra Fiakas, CFA, Managing Member, Crystal Equity Research; Kevin Coleman, CEO, Coleman Research Group; Richard Leggett, Chairman and CEO, BIA; and Keith McCullough, CEO, Research Edge, LLC. The event was moderated by Michael Mayhew, Chairman and Global Director of Research, Integrity Research Associates, LLC.
Seeger Weiss LLP
Seeger Weiss Announces Global Resolution of Zetia and Vytorin Prescription Purchase Claims -- MRK, SGP
NEW YORK, Aug. 5, 2009 (GLOBE NEWSWIRE) -- Seeger Weiss LLP announced today a $41.5 million settlement with Merck & Co., Inc. (NYSE:MRK) and Schering-Plough Corporation (NYSE:SGP) resolving nationwide fraud claims arising out of the sale and marketing of the companies' co-ventured prescription drugs Zetia and Vytorin. The claims, which sought cost reimbursements and other fraud-based damages, were brought by consumers and unions, employers and other third-party payers in federal proceedings in Newark, New Jersey before the Honorable Dennis M. Cavanaugh of the United States District Court in New Jersey.
Kinship Center-Canyon Acres
Canyon Acres Adds Voice to 'Orphan' Movie Controversy
ANAHEIM HILLS, Calif., Aug. 5, 2009 (GLOBE NEWSWIRE) -- Canyon Acres Children and Family Services, a charity organization committed to providing homes, care, treatment and supportive services for abused, neglected and emotionally troubled children and their families, today announced opposition to the negative portrayal of a an adoptive child in the movie Orphan. Citing that foster and adoptive children lack the maturity to liberate themselves from the stereotypes they encounter on the screen or from the sentiments of moviegoers who subsequently disparage them, Canyon Acres believes Orphan recklessly perpetuates fear and the stigmatization of adoptive youth to such a degree that the film may damage many children's hopes of finding a stable, loving home.
Federal Home Loan Bank of Dallas
FHLB Dallas Affordable Housing Grant Assists First-Time Mississippi Homebuyers
DALLAS, Aug. 5, 2009 (GLOBE NEWSWIRE) -- A $198,000 Affordable Housing Program (AHP) grant has been awarded to a city of Vicksburg project that will assist very low- to low-income, first-time homebuyers. The AHP grant was made available by the Federal Home Loan Bank of Dallas (FHLB Dallas) through RiverHills Bank, one of its members in Port Gibson, Mississippi.
BPZ Energy Hosts Second Quarter 2009 Earnings Call
HOUSTON, Aug. 5, 2009 (GLOBE NEWSWIRE) -- BPZ Resources, Inc. (NYSE Amex:BPZ) will host a conference call to discuss second quarter 2009 financial results on Monday, August 10, 2009 at 11AM ET/ 10 AM CT. The Company will issue an earnings press release prior to the market opening on August 10, 2009.
Levi & Korsinsky, LLP
Levi & Korsinsky LLP Investigates Board of On2 Technologies, Inc.
NEW YORK, Aug. 5, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky is investigating the Board of Directors of On2 Technologies, Inc., Inc. ("On2 Technologies" or the "Company") (AMEX:ONT) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Google Inc. ("Google") (Nasdaq:GOOG). Under the terms of the agreement, On2 Technologies shareholders will receive $0.60 of Google stock for each share of On2 Technologies they own. The transaction appears unfair given that On2 Technologies stock traded at $0.65 per share as recently as May 13, 2009.