latest news releases from the newsroom
Entropic Communications Reports First Quarter Results
SAN DIEGO, April 30, 2009 (GLOBE NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon solutions to enable connected home entertainment, today reported its first quarter results for the period ended March 31, 2009. Entropic reported first quarter net revenues of $24.1 million, a decrease of 18% compared with $29.5 million in the fourth quarter of 2008 and 43% lower than in the first quarter of 2008.
Techwell Reports First Quarter 2009 Financial Results
SAN JOSE, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- Techwell, Inc. (Nasdaq:TWLL), a leading designer of mixed signal video surveillance solutions for the security surveillance and automotive infotainment markets, today announced financial results for the first quarter ended March 31, 2009.
Maxim Integrated Products, Inc.
Maxim Reports $339.7 Million Revenue for the Third Quarter of Fiscal 2009
SUNNYVALE, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- Maxim Integrated Products, Inc. (Nasdaq:MXIM) reported net revenue of $339.7 million for its fiscal 2009 third quarter ended March 28, 2009, a 17% decline from the $410.7 million revenue recorded in the previous quarter.
Central Jersey Bancorp
Central Jersey Bancorp Reports Net Income for First Quarter of 2009
OAKHURST, N.J., April 30, 2009 (GLOBE NEWSWIRE) -- Central Jersey Bancorp (Nasdaq:CJBK), the parent company of Central Jersey Bank, N.A., reported net income and net income available to common shareholders of $310,000 and $125,000, respectively, for the three months ended March 31, 2009, as compared to $581,000 for both for the same period in 2008. The net income available to common shareholders figure takes into account $141,000 in preferred stock dividends paid to the U.S. Treasury as part of the Capital Purchase Program during the three months ended March 31, 2009. Basic and diluted earnings per share for the three months ended March 31, 2009 were $0.01, as compared to basic and diluted earnings per share of $0.06 for the same period in 2008. The decrease in net income is primarily attributable to $3.1 million in provision for loan losses recorded during the three months ended March 31, 2009, resulting from credit deterioration due to general economic conditions. This charge was partly mitigated by $1.8 million in gains realized from the sale of investment securities during the period. Per share earnings have been adjusted in all periods to reflect the 5% stock dividend paid on July 1, 2008.
OMNI Announces First Quarter 2009 Earnings Conference Call Information
CARENCRO, La., April 30, 2009 (GLOBE NEWSWIRE) -- OMNI Energy Services Corp. (Nasdaq:OMNI) (the "Company" or "OMNI") today announced plans to release financial results for the first quarter ended March 31, 2009, on Wednesday, May 6, 2009 after the close of markets in the United States. The Company will conduct a conference call at 2:00p.m. CDT on Thursday, May 7, 2009, to discuss the results with analysts, investors and other interested parties. Individuals who wish to participate in the conference call should dial (877) 419-6591, confirmation code 5498159, in the United States or (719) 325-4933, confirmation code 5498159, from outside the country.
Port of Houston Authority
PHA Commission Approves $4 Million for Bayport Projects
HOUSTON, April 30, 2009 (GLOBE NEWSWIRE) -- The Port Commission of The Port of Houston Authority (PHA) approved nearly $4 million for Bayport Container Terminal projects as well as a Diesel Emission Reduction Act (DERA) grant request to help private industry with funding for diesel engine air emission reduction measures, at its April 29 meeting, re-scheduled from the original April 28 date due to severe weather and regional flooding.