latest news releases from the newsroom
MetroCorp Bancshares Inc.
MetroCorp Bancshares, Inc. Announces Net Income of $3.3 million, or $0.30 Per Diluted Share, in Fourth Quarter 2006
HOUSTON, Feb. 1, 2007 (PRIME NEWSWIRE) -- MetroCorp Bancshares, Inc. (Nasdaq:MCBI), a Texas corporation which provides community banking services through its subsidiaries, MetroBank, N.A., serving Houston and Dallas, Texas, and Metro United Bank ("Metro United"), serving San Diego and Los Angeles, California, today announced net income of $3.3 million for the fourth quarter of 2006, up approximately $421,000 or 14.5% compared with the same quarter in 2005. Diluted earnings per share for the fourth quarter of 2006 were $0.30 compared with $0.26 for the same quarter in 2005. Diluted earnings per share for the year ended 2006 increased 23.5% from $0.98 to $1.22. On September 1, 2006, MetroCorp completed a three-for-two stock split effected in the form of a 50% stock dividend. All prior period share and per share data (other than share data on the balance sheet) have been adjusted to reflect this stock split.
HCC Insurance Holdings, Inc.
HCC to Present at the NYSSA Conference
HOUSTON, Feb. 1, 2007 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Frank J. Bramanti, Chief Executive Officer, and Edward H. Ellis, Executive Vice President and Chief Financial Officer, will be presenting at the New York Society of Security Analysts' 11th Annual Insurance Industry Conference in New York City. The presentation will take place on Monday, February 12, 2007 at 11:15 a.m. Eastern Standard Time (EST).
Port of Houston Authority
The Berth of Bayport
IN COMPLIANCE WITH HEIGHTENED SECURITY REQUIREMENTS, ALL ACCESS BY MEDIA WILL BE STRICTLY LIMITED TO THE PRE-DESIGNATED LOCATIONS. ALL MEDIA PERSONNEL MUST RSVP IN ADVANCE BY CALLING 713-670-2876 AND PRESENT CURRENT PHOTO IDENTIFICATION UPON ARRIVAL.