latest news releases from the newsroom
Joy Global Inc.
Joy Global Inc. Announces Completion of the Acquisition of Continental Global Group, Inc.
MILWAUKEE, Feb. 14, 2008 (PRIME NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a world leader in high-productivity mining solutions, announced that it has completed the acquisition of N.E.S. Investment Co. and thereby its subsidiary, Continental Global Group, Inc., a worldwide leader in conveyor systems for bulk material handling in mining and industrial applications. The purchase price was funded in part through available cash and credit resources and a new $175 million term loan supplement to Joy Global's existing credit facilities.
Occidental Petroleum Corp.
Occidental Expands Share Repurchase Program
LOS ANGELES, Feb. 14, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors increased the number of shares authorized for repurchase by 20 million shares. Since beginning the program in October 2005, the company has repurchased approximately 52.4 million shares, leaving 22.6 million shares to be repurchased from time to time in the open market or otherwise. The share repurchases will continue to be funded solely from available cash from operations and are subject to market conditions and other factors.
ACI Worldwide, Inc.
ACI Worldwide, Inc. to Release December 2007 Quarterly and Annual Financial Results
NEW YORK, Feb. 14, 2008 (PRIME NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW) today announced that it will hold a conference call on February 19, 2008 at 8:30 a.m. EST to discuss the December 31, 2007 quarterly and annual financial results. Interested persons may access a real-time audio broadcast of the teleconference at www.aciworldwide.com/investors or use the following numbers for dial-in participation: U.S./Canada: (800) 340-8364, International/Local: (706) 634-2207. Please provide your name, the conference name ACI Worldwide, Inc. and conference code 34083464.
Occidental Petroleum Corp.
Occidental Petroleum Declares Dividend
LOS ANGELES, Feb. 14, 2008 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.25 per share on common stock payable April 15, 2008, to stockholders of record on March 10, 2008.
The NASDAQ OMX Group, Inc.
NASDAQ Announces January Market Share Performance Statistics
NEW YORK, Feb. 14, 2008 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) today announced that its matched volume in all U.S. securities increased by 91%, a record high of 58.9 billion shares in January, as compared with 30.9 billion shares in January 2007. Consolidated volume in all U.S. securities in January was a record 186.4 billion, compared with 111.5 billion in January 2007. NASDAQ's matched market share of all U.S. Equity share volume in January was more than any other U.S. exchange for the tenth consecutive month at a record 31.6%, compared to 27.7% during the same period last year.
ARTISTdirect Retains Salem Partners
SANTA MONICA, Calif., Feb. 14, 2008 (PRIME NEWSWIRE) -- ARTISTdirect, Inc. (OTCBB:ARTD) today announced it has retained Salem Partners LLC to assist in the exploration of strategic alternatives -- including restructuring initiatives, a merger or a possible sale of the company.
Dimond Kaplan & Rothstein, P.A.
Dimond Kaplan & Rothstein, P.A. is Investigating Auction-Rate Securities Sold by Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, Morgan Keegan, and Other Brokerage Firms
MIAMI, Fla., Feb. 14, 2008 (PRIME NEWSWIRE) -- The securities law firm of Dimond Kaplan & Rothstein, P.A. (http://www.dkrpa.com) announced today that it is investigating claims involving investment losses in auction-rate securities ("ARS"). Among the broker-dealers that have sold auction-rate securities are Lehman Brothers, Goldman Sachs, Merrill Lynch, Citigroup, UBS, and Morgan Keegan.