latest news releases from the newsroom
Lake City Bank
Lake City Bank Reports Performance
WARSAW, Ind., Oct. 15, 2007 (PRIME NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq:LKFN), parent company of Lake City Bank, today reported quarterly net income of $4.4 million for the third quarter of 2007 versus $4.7 million for the third quarter of 2006. Diluted net income per share for the quarter was $0.35 versus $0.38 for the comparable period of 2006. The Company further reported record net income of $14.4 million for the nine months ended September 30, 2007, an increase of 2% over the $14.2 million reported for the nine months ended September 30, 2006. Diluted net income per common share was $1.16 for the nine months ended September 30, 2007, versus $1.15 for the nine months ended September 30, 2006.
International Food Products Group, Inc
International Food Products Group Anticipates Finalizing Its Initial Acquisition
NEWPORT BEACH, Calif., Oct. 15, 2007 (PRIME NEWSWIRE) -- International Food Products Group, Inc. (OTCBB:IFDG) CEO, Richard Damion, announced today that the intended acquisition is expected to be finalized within the next forty five days. "The uncertainty in the capital markets over the last 60-90 days created the delay in closing; that is now behind us," Damion said. He added the target company's sales and profits continue to expand setting the stage for robust growth in 2008. The company has identified several other possible acquisition possibilities that further add to its growing financial base and complement this first acquisition. IFPG is already seeking out top level individuals to supplement its management pool as it expands.
Mariner's Choice International, Inc.
Mariner's Choice Diesel Catalyst Registered With the EPA
JACKSONVILLE, Fla., Oct. 15, 2007 (PRIME NEWSWIRE) -- Mariner's Choice International Inc.'s (Pink Sheets:MCII) MC-Marine Diesel Purity, which has been registered with the EPA (Environmental Protection Agency), is a proprietary advanced technology tailored specifically for marine diesel engines. The product application caters to direct fuel feed using grades of diesel from 1 to 5, such as for cruise ships, ocean freighters, naval vessels, as well as, generators used on offshore oil rigs, just to name a few.
Entegris Announces Timing of Third Quarter Conference Call
CHASKA, Minn., Oct. 15, 2007 (PRIME NEWSWIRE) -- Entegris, Inc. (Nasdaq:ENTG) will release its third quarter financial results for fiscal 2007 before the opening of the market on Monday, October 29, 2007. A teleconference with management is scheduled for the same day at 10:00 a.m. Eastern Time (ET).