latest news releases from the newsroom
Edge Petroleum Corporation
Edge Petroleum Announces Preferred Dividend
HOUSTON, Sept. 20, 2007 (PRIME NEWSWIRE) -- Edge Petroleum Corporation (Nasdaq:EPEX) (Nasdaq:EPEXP) announced the declaration of a dividend on its 5.75% Series A Cumulative Convertible Perpetual Preferred Stock ("Preferred Stock"). The Dividend Committee of the Board of Directors declared a cash dividend of $0.71875 per share on the outstanding Preferred Stock, payable October 15, 2007, to stockholders of record at the close of business on October 1, 2007. The total amount of the cash dividend payment will be $2,066,406.00.
Foundry Networks, Inc.
Foundry Networks Takes a Leadership Stance At the Carrier Ethernet World Congress in Geneva
SANTA CLARA, Calif. and GENEVA, Sept. 20, 2007 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced its participation at the Carrier Ethernet World Congress, one of the largest and most comprehensive conferences and exhibitions dedicated to Carrier Ethernet services, Sept. 25 - 27, 2007 at the InterContinental Hotel in Geneva, Switzerland. Foundry will display its entire line of high-performance Carrier Ethernet switches and routers at booth 16 and participate in a seminar on maximizing cost-effective scalability for Carrier Ethernet infrastructures.
C'watre International, Inc.
C'watre International, Inc. Commences Trading On Pink Sheets
ASHBURN, Va., Sept. 20, 2007 (PRIME NEWSWIRE) -- C'watre International, Inc. (Pink Sheets:CWTE), the world's only ocean water-based skin care company, is pleased to announce that it has commenced trading on the Pink Sheets OTC Market under the symbol CWTE. "We are pleased with C'watre's transition from a private company to a publicly traded company which we believe will assist us with our growth and expansion efforts," stated Robert Lyles III, President/ CEO of C'watre International.
Flushing Financial Corporation
Flushing Savings Bank to Offer Up to $50 Million Per Customer in FDIC Insurance Coverage
LAKE SUCCESS, N.Y., Sept. 20, 2007 (PRIME NEWSWIRE) -- Flushing Financial Corporation (the "Company") (Nasdaq:FFIC), the parent holding company for Flushing Savings Bank, FSB (the "Bank") today announced that the Bank is now offering access to $50 million per customer in FDIC insurance coverage through a Certificate of Deposit Account Registry Service ("CDARS(r)"). The announcement was made by John R. Buran, Flushing Financial's President and Chief Executive Officer.
Unique Pizza and Subs
Unique Pizza and Subs Announces Another New Lease Signed in North Carolina
PITTSBURGH, Sept. 20, 2007 (PRIME NEWSWIRE) -- Unique Pizza and Subs Corporation (Pink Sheets:UPZS), a Delaware Corporation, announces that LKN Investment Partners LLC has signed a new lease for an impressive space at 4455 NC highway 49, South Harrisburg, NC 28075 with a projected opening mid November '07. This location will be the third for LKN Investment Partners and the fourth location in the North Carolina market. David Koran of LKN Investment Partners states, "This is our third lease signing and it should show people how committed LKN is to the expansion of Unique Pizza and Subs across the Carolinas. We are in the process of getting our second location open in Granite Quarry, NC and now with this third lease signed it is an exciting time for us, not only as franchisees and shareholders, but just being a part of the communities, making new friends, and having the chance to give back."
Joy Global Inc.
Joy Global Inc. Reaffirms Fiscal 2007 Guidance
MILWAUKEE, Sept. 20, 2007 (PRIME NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity mining solutions, announced today that as part of the Analyst Day investor presentations in New York City, management has reaffirmed guidance for Fiscal 2007. The Company continues to expect revenues to be in the range of $2.50 to $2.55 billion with fully diluted earnings per share to be in the range of $2.65 to $2.70.
PremierWest Bancorp Declares Quarterly Cash Dividend
MEDFORD, Ore., Sept. 20, 2007 (PRIME NEWSWIRE) -- John Duke, Chairman of the Board of Directors of PremierWest Bancorp (Nasdaq:PRWT), announced today the approval of a quarterly dividend policy and a significant increase in the cash dividend rate. Duke stated, "The Board of Directors declared a $0.06 per share cash dividend payable October 15, 2007, to shareholders of record October 1, 2007. This $0.06 per share cash dividend, annualized amounts to an increase of 140% when compared to the previous semi-annual cash dividends paid." Duke added, "We believe strong earnings, a consistent cash dividend program, and continued implementation of our growth strategy are essential components to enhance shareholder value."