latest news releases from the newsroom
World Am, Inc.
World Am CEO Robert A. Hovee Interviewed on WallSt.net, a Financial News Website
NEWPORT BEACH, Calif., June 12, 2007 (PRIME NEWSWIRE) -- World Am, Inc. (OTCBB:WDAM) today reported that its Chairman & CEO, Robert A. Hovee, has been interviewed by WallSt.net, a financial news website, about the company's current operations and potential opportunities.
Entropic Communications First to Offer PQoS for Home Entertainment Networks
SAN DIEGO, June 12, 2007 (PRIME NEWSWIRE) -- Entropic Communications, Inc., a leading technology solution provider for connected home entertainment, announces the availability of Parameterized Quality of Service (PQoS) and network management diagnostics for its c.LINK(tm) platform. Entropic is the first home networking chip company to incorporate PQoS into its chipset, resolving existing service provider concerns regarding guaranteed bandwidth for premium services in home entertainment networks.
Cape Fear Bank Corporation
Cape Fear Bank Corp. Declares 5 Percent Stock Dividend
WILMINGTON, N.C., June 12, 2007 (PRIME NEWSWIRE) -- Cape Fear Bank Corporation (Nasdaq:CAPE) announced today that its Board of Directors has approved a 5% stock dividend on the company's outstanding common stock. The stock dividend will be paid on June 29, 2007, to shareholders of record on June 22, 2007. As a result of the stock dividend, each holder of shares of the company's common stock on the record date will receive one new share of common stock for each twenty whole shares held of record on that date. In lieu of issuing fractional shares, the company will pay cash based on the average of the closing bid and asked prices of its common stock on The NASDAQ Capital Market on the record date.