latest news releases from the newsroom
First Clover Leaf Financial Corporation
First Clover Leaf Financial Corp. Announces Quarterly Dividend
EDWARDSVILLE, Ill., July 23, 2008 (PRIME NEWSWIRE) -- First Clover Leaf Financial Corp. (the "Company")(Nasdaq:FCLF) announced the approval by its Board of Directors of a cash dividend on its outstanding common stock of $0.06 per share for the quarter ended June 30, 2008. The dividend will be payable to stockholders of record as of August 15, 2008 and is expected to be paid on August 22, 2008. The Company has 8,176,731 shares of common stock outstanding.
MedAvant Announces Voluntary Reorganization Filing, Debtor-In-Possession Financing, and Stalking Horse Bid
ATLANTA, July 23, 2008 (PRIME NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant) (Nasdaq:PILL), a leader in healthcare technology and transaction services, today announced that it filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code, together with a debtor-in-possession financing commitment of $8.1 million by its senior lender Laurus Master Fund, Ltd., of which $2.9 million represents new credit availability to support the Company's business operations during the chapter 11 case. In addition to the filing, the Company has filed a motion to sell its assets to a private equity firm, Marlin Equity, under section 363 of the Bankruptcy Code, subject to higher and better bids at an auction sale expected to be conducted in 8-10 weeks.
First Financial Bankshares, Inc.
First Financial Bankshares to Present At KBW Community Bank Investor Conference
ABILENE, Texas, July 23, 2008 (PRIME NEWSWIRE) -- First Financial Bankshares, Inc. (Nasdaq:FFIN) is scheduled to make a presentation to investors on July 30, 2008, at the 9th Annual Community Bank Investor Conference in New York, sponsored by Keefe, Bruyette & Woods. F. Scott Dueser, President and CEO, and J. Bruce Hildebrand, Executive Vice President and CFO, will discuss the Company's recent operational and financial results and its strategic direction. The presentation is scheduled for 9:30 a.m. Eastern time at the Waldorf-Astoria Hotel.
Major League Soccer All-Star Game On FIFA Recommended FieldTurf At BMO Field
TORONTO, July 23, 2008 (PRIME NEWSWIRE) -- BMO Field, home to Major League Soccer's Toronto FC, and the site of international soccer matches involving the Canadian national teams, will host the 2008 Pepsi MLS All-Star Game. The MLS all-stars will play against West Ham United of England's Premier League on the industry-best soccer specific FieldTurf pitch on Thursday, July 24.
Northrop Grumman Corp.
Northrop Grumman One of Eight Large Companies Awarded Contract Field Teams Contract Valued At Up to $10.12 Billion
HERNDON, Va., July 23, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) was one of eight large companies awarded an indefinite quantity/indefinite delivery Contract Field Teams contract with a potential collective value of up to $10.12 billion over seven years to provide modification, maintenance and repair on U.S. Air Force, Army and Navy weapons systems and support equipment at operational installations in the United States and abroad.