latest news releases from the newsroom
Infinera Demonstrates Transoceanic 40G Services Over Record 8,477 KM
SUNNYVALE, Calif., Sept. 17, 2007 (PRIME NEWSWIRE) -- Infinera (Nasdaq:INFN) has demonstrated the transmission of 40 Gigabit/second (Gb/s) services over a distance of 8,477 kilometers across a transoceanic network spanning Europe and the U.S., a record distance for a field trial involving 40 Gb/s services. Infinera believes that this demonstration shows how key Infinera technical innovations can enable service providers to offer new high bandwidth services such as 40 Gb/s or OC-768/STM-256 Packet over SONET (POS) services today, and 100 Gigabit Ethernet (100GbE) in the future, over existing infrastructures with less cost and greater flexibility than the 40 Gb/s solutions offered by traditional WDM providers.
First Business Financial Services, Inc.
First Business Announces Dividend
MADISON, Wis., Sept. 17, 2007 (PRIME NEWSWIRE) -- First Business Financial Services, Inc. (Nasdaq:FBIZ) announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.065 per share. The 2007 annualized dividend amount of $0.26 is an 8.3% increase from 2006. The cash dividend is payable on October 15, 2007 to shareholders of record at the close of business on October 1, 2007.
Law Offices of Eric J. O'Bell, L.L.C.
Law Offices of Eric J. O'Bell, L.L.C Announces China Sunergy Co., Ltd. Investors Have Only Fifty Three (53) Days Remaining to Move for Lead Plaintiff in Securities Class Action Lawsuit -- CSUN
METAIRIE, La., Sept. 17, 2007 (PRIME NEWSWIRE) -- Law Offices of Eric J. O'Bell, LLC ("O'Bell, LLC") has filed a class action lawsuit against China Sunergy Co., Ltd. ("China Sunergy" or the "Company") (Nasdaq:CSUN) in the United States District Court for the Southern District of New York, on behalf of shareholders who purchased the common stock of China Sunergy in connection with the Company's IPO on or about May 17, 2007, or who purchased shares thereafter in the open market.
Shareholders of Associated Grocers Approve Sale of Company to Unified Grocers
SEATTLE, Sept. 17, 2007 (PRIME NEWSWIRE) -- Shareholders of Associated Grocers, Inc., a grocery wholesaler that has been distributing grocery products to independent retailers throughout the Pacific Northwest since 1934, approved the sale of their company to Unified Western Grocers(1), Los Angeles, Calif. at a special meeting held here Sept. 14, 2007. In agreeing to sell the company, AG shareholders also voted to dissolve the company effective with closing of the transaction, which is expected prior to Oct. 1, 2007.