latest news releases from the newsroom
IMS Capital Management
IMS Capital Value Fund Crosses $100 Million Mark
PORTLAND, Ore., Oct. 24, 2005 (PRIMEZONE) -- IMS Capital Management announced today that its flagship no load mutual fund, IMS Capital Value Fund (Nasdaq:IMSCX), reached $100 million in assets as of the quarter ended September 30, 2005. Managed by Carl W. Marker since its inception over nine years ago, the Fund invests in "seasoned" mid cap value stocks demonstrating signs of positive momentum. The Fund achieved this milestone through a combination of positive cash flows and price appreciation.
Announcing Alero Technology Delivering Next Generation Enterprise Information Management Solutions
SAN DIEGO, Oct. 24, 2005 (PRIMEZONE) -- Born from a restructuring of WindFire Technology, Alero Technology(tm) announces service today offering software solutions for enterprise content integration (ECI), enterprise information integration (EII), enterprise content management (ECM) and business process management (BPM) to help organizations meet simple to complex business initiatives in a fraction of the time and cost required by traditional solutions. Alero's technology helps companies worldwide access, manage, integrate, and secure any type of information-structured, semi-structured and unstructured-within a single, platform-independent, uniform solution.
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Third Quarter Financial Information
SPOKANE, Wash., Oct. 24, 2005 (PRIMEZONE) -- Northwest Bancorporation, Inc. (OTCBB:NBCT) President & CEO Randall L. Fewel today announced third-quarter after-tax earnings for the company of $636,837 which is a 14.3% improvement over the $557,029 earned during the same quarter last year. Fully diluted earnings per share for the third-quarter improved to $0.30 from $0.26 per share. For the nine-months, year-to-date, earnings report at $1,593,837, a 13.8% increase over earnings of $1,400,308 reported for the same period in 2004. Year-to-date earnings per share improved to $0.74, compared to $0.66 per share last year. Prior year per share results have been adjusted to account for a five-percent stock dividend paid in June 2005. Annualized return on average assets for the nine-months year-to-date reports at 0.92%, with return on average equity reporting at 10.33%.
Federal Home Loan Bank of Cincinnati
FHLBank Cincinnati Schedules Workshops for $15 Million 'New Neighbors' Hurricane Housing Assistance
CINCINNATI, Oct. 24, 2005 (PRIMEZONE) -- A $15 million fund for housing hurricane evacuees, established by the Federal Home Loan Bank of Cincinnati (FHLBank) Board of Directors, will be unveiled in a series of eight "New Neighbors" workshops throughout the FHLBank district of Kentucky, Ohio and Tennessee, November 7-10. Workshops are targeted to FHLBank member institutions and area housing providers. Grants of up to $20,000 per household will be awarded to FHLBank member institutions for the acquisition, rehabilitation or new construction of rental or owner-occupied housing.