latest news releases from the newsroom
Universal Stainless & Alloy Products
Universal Stainless Announces Tool Steel Base Price Increase
BRIDGEVILLE, Pa., April 30, 2008 (PRIME NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today announced base price increases of 5% to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities. The increase will be effective with all new orders entered on May 1, 2008. Current material and energy surcharges will remain in effect.
First Solar, Inc.
First Solar, Inc. Announces 2008 First Quarter Financial Results
TEMPE, Ariz., April 30, 2008 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) today announced its financial results for the first quarter ended March 29, 2008. Quarterly revenues were $196.9 million, down from $200.8 million in the fourth quarter of fiscal 2007 and up from $66.9 million in the first quarter of fiscal 2007.
Louisiana Bancorp, Inc. Announces Earnings for the First Quarter
METAIRIE, La., April 30, 2008 (PRIME NEWSWIRE) -- Louisiana Bancorp, Inc. (the "Company") (Nasdaq:LABC), the holding company for Bank of New Orleans (the "Bank"), announced today that the Company's net income for the quarter ended March 31, 2008 was $621,000 or $.11 per share (basic and diluted), an increase of $279,000, from the first quarter of 2007. The primary reason for the increase in net income for the first quarter of 2008 compared to the first quarter of 2007 was an increase in interest income of $853,000 resulting from an increase in the average balance of our interest earning assets. Average interest earning assets grew by $61.8 million from the quarter ended March 31, 2007 to the quarter ended March 31, 2008 due primarily to the investment of $62.1 million of net proceeds from our initial public offering in July 2007. The increase in interest income was partially offset by a $394,000 increase in non-interest expense and a $147,000 increase in income tax expense in the first quarter of 2008 as compared to the first quarter of 2007. Because the Company's shares were not outstanding for the entire year, earnings per common share are not presented for the quarter ended March 31, 2007.
Artificial Life, Inc.
Paramount Mobile Entertainment and Artificial Life to Co-Distribute Mobile Game Globally
HONG KONG, April 30, 2008 (PRIME NEWSWIRE) -- Hong Kong based Artificial Life, Inc., (OTCBB:ALIF) (www.artificial-life.com), a leading full service provider of award-winning mobile technology and applications, today announced the launch of "SHOOTER-The Official Mobile Game" which is based on the successful Paramount Pictures motion picture.
Reliv International, Inc.
Reliv International Reports First-Quarter Results
CHESTERFIELD, Mo., April 30, 2008 (PRIME NEWSWIRE) -- Reliv International, Inc. (Nasdaq:RELV), a nutrition and direct selling company, today reported net sales for the first quarter of $28.3 million, compared to record net sales of $35.0 million in the first quarter last year.