latest news releases from the newsroom
Quality Distribution, Inc.
Quality Distribution, Inc. Announces Private Exchange Offers and Consent Solicitations and Retail Tender Offer for Quality Distribution, LLC and QD Capital Corporation Debt Securities
TAMPA, Fla., Aug. 28, 2009 (GLOBE NEWSWIRE) -- Quality Distribution, Inc. (Nasdaq:QLTY) ("QDI") announced today that its wholly owned subsidiaries, Quality Distribution, LLC ("QD LLC") and QD Capital Corporation (together with QD LLC, the "Issuers") are commencing private exchange offers (the "Exchange Offers") to exchange (a) the Issuers' new 10% Senior Notes due 2013 (the "New Senior Notes") and, in certain cases, certain cash consideration for any and all of the Issuers' Senior Floating Rate Notes due 2012, Series A (the "Old Series A Notes") and Senior Floating Rate Notes due 2012, Series B (the "Old Series B Notes" and, together with the Old Series A Notes, the "Old Senior Notes") and (b) either (i) the Issuers' 11% Senior Subordinated PIK Notes due 2013 (the "New Subordinated Notes" and, together with the New Senior Notes, the "New Notes"), or (ii) cash consideration up to a combined aggregate maximum of $7.5 million (the "Cash Pool") for the Retail Tender Offer (as defined below) and such Exchange Offer (and, if the Cash Pool is exhausted and the cash consideration is prorated, an amount of New Subordinated Notes) for any and all of the Issuers' properly tendered and accepted outstanding 9% Senior Subordinated Notes due 2010 (the "Old Subordinated Notes" and, together with the Old Senior Notes, the "Old Notes").
Glancy Binkow & Goldberg LLP
Glancy Binkow & Goldberg LLP, Representing Shareholders of Accuray Incorporated, Announces There are 31 Days Remaining to Move for Appointment as Lead Plaintiff -- ARAY
LOS ANGELES, Aug. 28, 2009 (GLOBE NEWSWIRE) -- Glancy Binkow & Goldberg LLP announces that all persons or entities who purchased the common stock of Accuray Incorporated ("Accuray" or the "Company") (Nasdaq:ARAY) pursuant and/or traceable to the Company's Initial Public Offering commencing on or about February 7, 2007 (the "IPO"), including purchasers of the Company's common stock between February 7, 2007 and August 19, 2008, inclusive (the "Class Period"), have only 31 days until the September 21, 2009, deadline to move the Court to serve as Lead Plaintiff in the securities fraud class action lawsuit. The case filed by Glancy Binkow & Goldberg LLP, Whitten v. Accuray Incorporated, et al., No. 09-cv-03637, has been assigned to the Honorable Vaughn R. Walker, United States District Judge for the Northern District of California.
Keller Rohrback L.L.P.
Keller Rohrback L.L.P. Announces Investigation of Harmful Side Effects Associated With Yaz and Yasmin Birth Control Pills
SEATTLE, Aug. 28, 2009 (GLOBE NEWSWIRE) -- Attorney Advertising. Keller Rohrback L.L.P. (www.krclassaction.com) announces that it has commenced an investigation of the once-a-day birth controls pills Yaz and Yasmin, both products of the Bayer Group (BAYZF). These birth control pills have been linked to serious and dangerous side-effects, including, but not limited to the following: Pulmonary embolism; Blood clot; Gallbladder disease; Deep vein thrombosis; and Heart attack.
Beacon's Fixed Annuity Premium Study Reports Second Quarter's Fixed Annuity Sales
EVANSTON, Ill., Aug. 28, 2009 (GLOBE NEWSWIRE) -- U.S. sales of fixed annuities were an estimated $27.8 billion in second quarter 2009 according to new data from the Beacon Research Fixed Annuity Premium Study(1). Quarterly sales were 10% higher than those of second quarter 2008, but 20% below the previous quarter. On a year-to-date basis, total market sales were an estimated $62.6 billion, 39% above first half 2008.
NASDAQ OMX Named to Fortune Magazine's List of 100 Fastest Growing Companies
NEW YORK, Aug. 28, 2009 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it was named to Fortune Magazine's annual list of 100 Fastest Growing Companies, published in its August 31, 2009 issue. NASDAQ OMX was one of only six financial services companies to make the list and was ranked 42nd. Of the six financial services companies to make the list, NASDAQ OMX had the highest growth in earnings per share at 67% over 3 years.