latest news releases from the newsroom
Home BancShares, Inc.
Home BancShares, Inc. Announces Third Quarter Earnings
CONWAY, Ark., Oct. 19, 2006 (PRIMEZONE) -- Home BancShares, Inc. (Nasdaq:HOMB) today announced earnings for the quarter ended September 30, 2006. Net income for the quarter was $4.3 million, a 28.8% increase over net income of $3.3 million for the third quarter of 2005. Diluted earnings per share were $0.25 for the third quarter of 2006 compared to $0.24 for the third quarter of 2005, an increase of 4.2%.
MEDirect Latino, Inc.
MEDirect Latino Inc. Announces Distribution of Branded Products Manufactured Exclusively for the Company in China
PLANTATION, Fla., Oct. 19, 2006 (PRIMEZONE) -- MEDirect Latino Inc. (Pink Sheets:MLTO) (www.medirectlatino.org), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, announced today that it has received the first container of branded, UL approved heating pads manufactured exclusively for the Company in China. The branded heating pads are the first such products manufactured in China exclusively for the Company, and complement existing branded bi-lingual packaged products, which are manufactured exclusively for MEDirect Latino, domestically. The Company projects additional annual revenues of $1,176,000 from sales of branded MEDirect Latino heating pads with estimated gross product profit margin of 88% and reduced costs of goods for the heating pads of 57%. Following rigorous testing, the MEDirect Latino branded heating pads met all necessary standards for UL approval, further ensuring that important quality control measures are in place to protect our customers and guarantee the highest quality product.
Nasdaq Global Funds, Inc.
NASDAQ to Transfer Sponsorship of ETFs to PowerShares
CHICAGO and NEW YORK, Oct. 19, 2006 (PRIMEZONE) -- PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), and Nasdaq Global Funds, Inc., a subsidiary of The Nasdaq Stock Market, Inc., announced an agreement to transfer sponsorship of the NASDAQ-100 Index Tracking Stock(r)(Nasdaq:QQQQ), also known as QQQ(r), the NASDAQ-100 European Tracker(r) (EQQQ), and the 4 BLDRS Index Funds Trust(sm) (Nasdaq:ADRE) (Nasdaq:ADRD) (Nasdaq:ADRU) (Nasdaq:ADRA). Pending Securities and Exchange Commission (SEC) and other regulatory approvals, sponsorships of the funds will be conveyed to PowerShares.
go2/UDS Directory Corp.
go2 Launches First-of-Its-Kind Mobile Site Dedicated to Golfers
IRVINE, Calif., Oct. 19, 2006 (PRIMEZONE) -- go2(r) (www.go2.com), a leading provider of local search and mobile content in the U.S., today announced the launch of go2 Golf, the world's first mobile web application dedicated to providing golf enthusiasts with the best of Golf Digest and the most comprehensive golf-related mobile website and directory to quickly get-it-on-the-go(r).