latest news releases from the newsroom
Seeger Weiss LLP
Seeger Weiss LLP Announces a Class Action Lawsuit Against RAIT Financial Trust -- RAS
NEW YORK, Aug. 16, 2007 (PRIME NEWSWIRE) -- Seeger Weiss LLP announces that it filed a class action lawsuit today in the United States District Court For The Eastern District of Pennsylvania on behalf of purchasers of RAIT Financial Trust ("RAIT" or the "Company") (NYSE:RAS) common stock in the open market between January 10, 2007 to July 31, 2007, inclusive (the "Class Period"). The complaint seeks remedies for the class under the Securities Exchange Act of 1934 (the "Exchange Act").
The NASDAQ OMX Group, Inc.
NASDAQ Sets Another All-Time Share Volume Record
NEW YORK, Aug. 16, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today had the biggest day ever in its history for total matched volume, with approximately 3.73 billion shares traded. NASDAQ traded approximately 1.73 billion in NASDAQ-listed stocks, 1.35 billion shares in NYSE-listed and 652 million in American Stock Exchange-listed stocks.
ProCentury Corporation Announces $0.04 Per Share Dividend
COLUMBUS, Ohio, Aug. 16, 2007 (PRIME NEWSWIRE) -- ProCentury Corporation (Nasdaq:PROS), a specialty property and casualty insurance holding company, today announced that its Board of Directors has approved a cash dividend of $0.04 per share. The dividend will be payable on September 19, 2007 to stockholders of record on August 29, 2007.
Bluefly Receives NASDAQ Notice Regarding Minimum Bid Price Requirements
NEW YORK, Aug. 16, 2007 (PRIME NEWSWIRE) -- Bluefly, Inc. (Nasdaq:BFLY), a leading online retailer of designer brands, fashion trends and superior value (www.bluefly.com), today announced that it received a notice on August 13, 2007 from The Nasdaq Stock Market indicating that the Company is not in compliance with the continued listing requirements of The Nasdaq Capital Market because, for the previous 30 consecutive business days, the bid price of its Common Stock had closed below the $1.00 minimum per share requirement for continued listing as set forth in Marketplace Rule 4310(c)(4). The issuance by NASDAQ of such letters is standard procedure when a listed company does not meet the minimum bid price rule. By NASDAQ rule, Bluefly will be allowed 180 calendar days, or until February 11, 2008, to regain compliance with the minimum bid price rule. The letter from NASDAQ has no effect on the listing of the Company's common stock at this time.
Xlibris Releases Uncle Tom's Classroom
SAN FRANCISCO, Aug. 16, 2007 (PRIME NEWSWIRE) -- Uncle Tom's Classroom and its new cosmic curriculum may be one of the most thought provoking, insightful, inspiring and truly American books of this brave new millennium.