latest news releases from the newsroom
Wilshire Bancorp, Inc.
Wilshire Bancorp Earns $3.1 Million Net Income, $0.07 Per Diluted Common Share in First Quarter 2009
LOS ANGELES, April 21, 2009 (GLOBE NEWSWIRE) -- Wilshire Bancorp, Inc. ("Wilshire" or the "Company") (Nasdaq:WIBC), the holding company for Wilshire State Bank, today reported that net income in the first quarter of 2009 was $3.1 million or $0.07 per diluted common share, compared to $5.1 million or $0.17 per diluted common share in the fourth quarter 2008, and $7.1 million or $0.24 per diluted common share in the first quarter of 2008. Wilshire increased its provision for losses on loans and loan commitments to address the increase in non-performing loans and deterioration of economic conditions. The ratio of the allowance for loan losses to gross loans increased to 1.65% at March 31, 2009, as compared to 1.43% at December 31, 2008.
LKQ Corporation to Release First Quarter 2009 Results On Thursday, April 30, 2009
CHICAGO, April 20, 2009 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQX), the largest nationwide provider of aftermarket collision replacement products, recycled light vehicle OEM products and refurbished bumpers and wheels, will release its first quarter 2009 financial earnings results on Thursday, April 30, 2009, before market open.
Northrop Grumman Corp.
Northrop Grumman Delivers SBIRS GEO-2 Payload to Lockheed Martin
AZUSA, Calif., April 20, 2009 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC), the payload integrator for the Space Based Infrared System (SBIRS), the nation's next-generation missile warning system, has delivered the second geosynchronous orbit (GEO) payload to prime contractor Lockheed Martin (NYSE:LMT) for integration into the spacecraft and final system-level testing.
Otter Tail Corporation
Otter Tail Corporation Held 2009 Annual Shareholder Meeting
FERGUS FALLS, Minn., April 20, 2009 (GLOBE NEWSWIRE) -- Otter Tail Corporation hosted 404 shareholders and guests at its annual meeting of common shareholders on Monday, April 20, in Fergus Falls, Minnesota. Represented by proxy or present in person at the meeting were nearly 85 percent of the corporation's total shares outstanding. Shareholders reelected Karen M. Bohn, Edward J. McIntyre, and Joyce Nelson Schuette to serve three-year terms on Otter Tail Corporation's board of directors.