latest news releases from the newsroom
First California Financial Group, Inc.
National Mercantile 1Q06 Profits Rise 40 Percent
LOS ANGELES, May 2, 2006 (PRIMEZONE) -- National Mercantile Bancorp (Nasdaq:MBLA), the holding company for Mercantile National Bank and South Bay Bank, N.A., today reported excellent first quarter profits with an expanded margin, improving efficiencies and strong balance sheet performance. First quarter earnings increased 40% compared to the first quarter a year ago and were almost level with the record results posted in the fourth quarter of 2005. Fueled by improving efficiencies and growth in loans and deposits, first quarter net income was $1.3 million, or $0.22 per diluted share, compared to $941,000, or $0.16 per diluted share in the first quarter of 2005 and $1.4 million, or $0.24 per diluted share, in the fourth quarter of 2005. The financial results are unaudited for the first quarters ended March 31, 2006 and 2005. All per share results reflect the 5-for-4 stock split effective April 14, 2006, as well as the conversion of the Series A Preferred Shares in June 2005.
Soundair Repair Group, LLC
Soundair Repair Group Awarded FAA AMT Certificate of Excellence 'Diamond Award' for Sixth Consecutive Year
SNOHOMISH, Wash., May 2, 2006 (PRIMEZONE) -- Soundair Repair Group, a licensed FAA Part 145 Repair Station, was presented with the Certificate of Excellence "Diamond Award" for exceeding the minimum AMT (Aviation Maintenance Technician) participation requirements for the FAA training program. Certificates of Training were presented by the Seattle Flight Standards District Office to all eligible AMT's for having met the requirements of this FAA administered program. This represents the sixth consecutive year that Soundair has achieved 100% AMT participation in the Awards program.
Nevada Gold & Casinos, Inc.
Nevada Gold Announces Completion of Vernon Downs Acquisition
HOUSTON, May 2, 2006 (PRIMEZONE) -- Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that Vernon Downs Acquisition, LLC ("VDA") completed the acquisition of Mid-State Raceway, Inc. ("Raceway"). Raceway operates Vernon Downs racetrack and is also the 100% equity holder of Mid-State Development Corp., which operates a hotel at Vernon Downs racetrack.
Enterprise Software Veteran David Parker Pilots Avolent Focused Sales Team Strategy as Senior Vice President of Sales
SAN FRANCISCO, May 2, 2006 (PRIMEZONE) -- Avolent, Inc., the leader in Interactive, Self-Service Electronic Billing and Payment software, today announced the appointment of David Parker as senior vice president of sales. With more than 25 years of experience, Parker has a stellar track record of leadership and success with start-up, private and public technology ventures. During his career in the technology industry, he has repeatedly demonstrated his ability to drive effective sales strategies that produce intimate and compelling customer relationships, and develop solid partnerships with key enterprise software solutions providers.
Precision Castparts Corp.
Contact Information for Precision Castparts Corp. Conference Call
PORTLAND, Ore., May 2, 2006 (PRIMEZONE) -- Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. (NYSE:PCP), will host a conference call to discuss the Q4/Year-End Fiscal 2006 Earnings on May 9, 2006, at 7:00 a.m. Pacific Daylight Time. The dial-in information for audio access is 866-550-6338 (passcode 3264616). Dial *0 for technical assistance. In order to assure the conference begins in a timely manner, please dial in five to ten minutes prior to the scheduled start time.
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Files a Class Action Suit Against Discovery Laboratories, Inc. -- DSCO
PHILADELPHIA, May 2, 2006 (PRIMEZONE) -- Law Offices Bernard M. Gross, P.C. (http://www.bernardmgross.com) announces that a class action lawsuit, numbered 06-1820, was commenced in the United States District Court for the Eastern District of Pennsylvania before the Honorable Stewart Dalzell, on behalf of purchasers of the common stock of Discovery Laboratories Inc. ("Discovery Labs" or the "Company") (Nasdaq:DSCO) between December 28, 2005 and April 25, 2006, inclusive (the "Class Period").
SmallCapReview Names Clearly Canadian its 'Stock of the Month'
CHARLOTTE, N.C., May 2, 2006 (PRIMEZONE) -- SmallCapReview.com (http://www.SmallCapReview.com), a leading small-cap stock information site, is pleased to announce that Clearly Canadian (OTCBB:CCBEF) has been named "Stock of the Month" for May. Clearly Canadian, based in West Vancouver, Canada, is a leading producer of premium beverages, including Clearly Canadian sparkling flavored water, Clearly Canadian O+2 and Tre LimoneT, which are distributed in the United States, Canada and various other countries.
First Equity Group
StockMarketNewsAlert.com Issues Trade Alert for Nannaco, Inc.
POMPANO BEACH, Fla., May 2, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com issues trade alert for Nannaco, Inc. ("Nannaco") (Pink Sheets:NANN). According to M. D'Alonzo at First Equity Group Inc., recent news flow from the company has been very positive. "The company announced that it is moving closer to the merger date whereby Nannaco will acquire Comprehensive Physics & Rehabilitation Services ("CPRS"), a Nevada corporation. Upon the closing of the merger, which is expected to be completed within the next 30 days, Nannaco will change its name to OncologyMed."