latest news releases from the newsroom
Law Offices of Howard G. Smith
Law Offices of Howard G. Smith Announces Class Action Lawsuit Against Warner Chilcott Limited -- WCRX
BENSALEM, Pa., Nov. 2, 2006 (PRIMEZONE) -- Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired the common stock of Warner Chilcott Limited ("Warner Chilcott" or the "Company") (Nasdaq:WCRX) pursuant and/or traceable to the Company's initial public offering on or about September 20, 2006 through September 26, 2006. The class action lawsuit was filed in the United States District Court for the Southern District of New York.
Nalco Holding Co. Announces Secondary Offering
NAPERVILLE, Ill., Nov. 2, 2006 (PRIMEZONE) -- Nalco Holding Company (NYSE:NLC), the leading global provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications, announced today that The Blackstone Group, Apollo Management, L.P. and GS Capital Partners are selling 20,000,000 of the Company's common shares in a transaction underwritten by Citigroup. This sale of previously unregistered shares represents approximately 14.0 percent of the current shares outstanding. This sale was made pursuant to the Company's existing registration statement. The Company will not receive any proceeds from this sale of its common shares. After giving effect to the sale of these shares, the sponsor group's interest in Nalco will be reduced to 12.7 percent of the outstanding shares, from the current 26.7 percent.
PennFed Financial Services, Inc.
New York Community Bancorp, Inc. to Acquire Pennfed Financial Services, Inc.
WESTBURY, N.Y. and WEST ORANGE, N.J., Nov. 2, 2006 (PRIMEZONE) -- New York Community Bancorp, Inc. (NYSE:NYB), the $28.9 billion holding company for New York Community Bank and New York Commercial Bank, and PennFed Financial Services, Inc. (Nasdaq:PFSB) ("PennFed"), the $2.3 billion holding company for Penn Federal Savings Bank, today announced the signing of a definitive agreement pursuant to which PennFed will merge with and into New York Community Bancorp.
CoSine Communications, Inc.
CoSine Communications Announces Financial Results for the Quarter Ended September 30, 2006
SAN JOSE, Calif., Nov. 2, 2006 (PRIMEZONE) -- CoSine Communications, Inc. (Pink Sheets:COSN), a provider of customer support services for managed, network-based IP and broadband service providers, today announced revenues of $134,000 and a net loss of $225,000, or $0.02 per share for the three months ended September 30, 2006, as compared to revenues of $785,000 and a net loss of $31,000 or $0.00 loss per share for the three months ended September 30, 2005. Revenues for the nine months ended September 30, 2006 were $1,233,000 and net loss was $146,000 or $0.01 loss per share, as compared to revenues of $2,381,000 and a net loss of $1,542,000 or $0.15 loss per share for the nine months ended September 30, 2005.
General Payment Systems, Inc.
Pacific Card Services President Updates Affinity Programs
LODI, Calif., Nov. 2, 2006 (PRIMEZONE) -- Pacific Financial Solutions, Inc. (Pink Sheets:PFUO), a leader in providing cashless ATM kiosks, Point-of-Banking (PBT) terminal technology and Affinity "Gift to Give" prepaid gift cards, announces Affinity (501c3) updates. Today Fred Rackers, Company President of Pacific Card Services, Inc. (PCS) Division, reiterated the initial success of the CureBreastCancer.org (CBC) Gift Card program which PCS launched last month.