latest news releases from the newsroom
CoroWare Announces Executive Management Promotions
REDMOND, Wash., March 17, 2009 (GLOBE NEWSWIRE) -- CoroWare, Inc. (OTCBB:CROE) announced today that Jon Mandrell has been promoted to Vice President and appointed a seat on the Board of Directors of CoroWare, Inc. The CoroWare Board of Directors also made official the Chief Executive Officer position of Lloyd Spencer who has served as interim CEO since January of 2008.
Transition Successfully Into the Professional Work Environment -- Fortune 200 Senior Manager Offers 'Not Intuitively Obvious' Lessons to Professional Success
STAFFORD, Va., March 17, 2009 (GLOBE NEWSWIRE) -- Experience, as they say, is the best teacher, which holds very much true in business and the professional work environment. More often than not, the most seasoned professionals have been honed by years of trial and error, that is, by learning through their mistakes. Successful professionals, however, learn from the mistakes of others. During strained economic times, the most informed professionals stand a greater chance of pulling luck to their side. Consequently, a new graduate or a former member of the military who has recently entered the highly competitive job market faces a daunting challenge.
NewStar Financial, Inc.
NewStar Financial Adds Two Senior Bankers
BOSTON, March 17, 2009 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today the addition of two new senior bankers to its direct origination platform covering the middle market and leading private equity firms active in that segment. Ross Catlin has joined the Company's Darien office and Thad Johnson has joined the Company's Chicago office as Managing Directors.
Christopher & Banks Corporation
Christopher & Banks Corporation Honors Teachers of Today and Tomorrow with New Scholarship Program
MINNEAPOLIS--In celebration of teachers, and the importance of education throughout our communities, Christopher & Banks is proud to announce the launch of the Christopher & Banks Teacher Scholarship Program. The unique new program will benefit not only undergraduate students currently pursuing a Bachelor's Degree in Education, but will also lend support to teachers seeking continuing education. In its first year, the program will award scholarships to 35 individuals who demonstrate a commitment to education.
Blue Dolphin Energy Company
Blue Dolphin Energy Company Reports Entering Into New Pipeline Transportation Agreements
HOUSTON, March 17, 2009 (GLOBE NEWSWIRE) -- Blue Dolphin Energy Company (Nasdaq:BDCO) ("Blue Dolphin"), an independent oil and gas company with operations in the Gulf of Mexico, announced today that its wholly-owned subsidiary, Blue Dolphin Pipe Line Company ("Company"), has entered into gas and condensate transportation and production handling agreements with a new producer/shipper to deliver production into the Blue Dolphin Pipeline system at the Company's Galveston Block 288C platform. Additionally, as a result of participation in development of the successfully drilled prospect, Blue Dolphin has earned an overriding royalty interest in the production. The Company expects production and transportation services to commence later this month or by early April. Throughput volumes are not yet known.
Louisiana Bancorp, Inc. Announces Stock Repurchase Program
METAIRIE, La., March 17, 2009 (GLOBE NEWSWIRE) -- Louisiana Bancorp, Inc. (the "Company") (Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank"), announced today that it has approved the purchase of 5%, or 272,008 shares, of its outstanding common stock. These shares may be acquired in the open market or privately negotiated transactions, as and when deemed appropriate by management over the next six months. There are currently 3,424 shares remaining to be repurchased under the Company's on-going third repurchase program and the Company expects that such third repurchase program will be completed within the week.
Coastal Banking Company
Coastal Banking Company Reports Fourth Quarter and Full Year 2008 Earnings
BEAUFORT, S.C., March 17, 2009 (GLOBE NEWSWIRE) -- Coastal Banking Company Inc. (OTCBB:CBCO), the holding company of CBC National Bank, which operates divisions including Lowcountry National Bank in Beaufort, S.C., and First National Bank of Nassau County in Fernandina Beach, Fla., reported a net loss of $4.9 million, or a loss of $1.93 per diluted share, for the quarter ended Dec. 31, 2008. This compares to net income of $777,490, or $0.29 in diluted earnings per share, in the fourth quarter of 2007.