latest news releases from the newsroom
Mercantile Bank Corporation
Mercantile Bank Corp. Reports Third Quarter 2006 EPS of $0.64, Up 20.8 Percent
GRAND RAPIDS, Mich., Oct. 11, 2006 (PRIMEZONE) -- Mercantile Bank Corporation (Nasdaq:MBWM) reported net income for the third quarter of 2006 of $5.2 million, an increase of 21.0 percent from the $4.3 million reported for the third quarter of 2005. Diluted earnings per share were $0.64 compared with $0.53 reported for the year-ago quarter, an increase of 20.8 percent. Results reflect solid growth in earning assets and disciplined control of expenses, partially offset by the impact of rising funding costs and higher provision expense.
United Online, Inc.
United Online Announces Date for Third-Quarter Results and Conference Call
WOODLAND HILLS, Calif., Oct. 11, 2006 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet and media services, today announced that it will release results for its third quarter ended September 30, 2006, after market close on November 2, 2006.
Northrop Grumman Corp.
Northrop Grumman to Sponsor Lunar Lander Challenge
LOS ANGELES, Oct. 11, 2006 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has signed an agreement with the X PRIZE Foundation, Santa Monica, Calif. to become the title sponsor for NASA's Lunar Lander Challenge, an engineering competition designed to motivate entrepreneurial companies to develop and prove concepts for space vehicles that could safely ferry humans or cargo back and forth between the lunar surface and lunar orbit.
Entourage Mining Ltd.
WallStreet Research Updates Coverage of Entourage Mining Shares at WallStreetResearch.org
VANCOUVER, British Columbia, Oct. 11, 2006 (PRIMEZONE) -- Entourage Mining Ltd (OTCBB:ETGMF) ("Entourage" or the "Company") announced today that WallStreet Research ("WSR") has continued its analyst research coverage of the Company's shares with a Speculative Buy recommendation. The complete update report, together with attendant risk factors, as well as additional information about WallStreet Research is available at http://www.WallStreetResearch.org.
Budget Waste Inc.
Budget Waste Inc. Approves Reverse Stock Split
CALGARY, Alberta, Oct. 11, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT) announces that at the Board of Directors meeting August 29, 2006, the Board approved a reverse stock split of one share of common stock for each thirty shares of common stock presently outstanding. The effective date will be October 16, 2006.
Virgin America Debuts First Aircraft, Jefferson Airplane, at SFO
BURLINGAME, Calif., Oct. 11, 2006 (PRIMEZONE) -- Virgin America, the new U.S. start-up airline which plans to launch domestic air service early next year, pending government approval, will debut its first aircraft at San Francisco International Airport today. The aircraft will be named Jefferson Airplane, in tribute to the legendary Bay Area rock band.
Ajay Sports, Inc.
Decision Reached on Former Employee's Claim
FARMINGTON HILLS, Mich., Oct. 10, 2006 (PRIMEZONE) -- Pro Golf of America, Inc. (Ajay Sports, Inc.) (Pink Sheets:AJAY), announced that on a wrongful discharge case brought against Ajay Sports, Inc. and subsidiaries by a former Chief Financial Officer and Chief Administrative Officer (CFO/CAO), an Oakland County jury issued an adverse verdict on October 6, 2006. Ajay Sports, Inc. strongly disagrees with the jury's conclusions and verdict which awarded the Plaintiff and Counter-Defendant $850,000. An appeal is underway; therefore litigation is ongoing.