latest news releases from the newsroom
Infinity Pharmaceuticals, Inc.
Infinity Announces the Addition of Two New Board Members and Leadership Promotions
CAMBRIDGE, Mass., July 22, 2008 (PRIME NEWSWIRE) -- Infinity Pharmaceuticals, Inc. (Nasdaq:INFI), an innovative cancer drug discovery and development company, today announced the appointment of two new members to its Board of Directors: Martin Babler and Ian F. Smith. In addition, Infinity announced two leadership promotions within its executive leadership team: Michael S. Curtis, Ph.D. to vice president, pharmaceutical development and Jeanette Kohlbrenner to senior director, human resources. These appointments facilitate the advancement of Infinity's mission to discover, develop, and deliver to patients important new medicines for the treatment of cancer, and they also reflect Infinity's commitment to leadership development.
The Connecticut Bank and Trust Company
CBT Reports Improved Results for the Quarter Ended June 30, 2008
HARTFORD, Conn., July 22, 2008 (PRIME NEWSWIRE) -- The Connecticut Bank and Trust Company (Nasdaq:CTBC)("CBT") announced a net loss of $295,000 or $0.08 per share for the second quarter of 2008. This represents an improvement of $297,000, compared to a loss of $592,000 or $0.17 per share for the same period in 2007. Total assets were $200.1 million at June 30, 2008, an increase of $21.4 million from $178.7 million reported at December 31, 2007.
Sierra Gold Corporation
Sierra Gold Corporation Announces Agreement to Purchase Second Dredge to Expand Gold Operation Next Month
TORONTO, July 22, 2008 (PRIME NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) announced today that it has entered into an agreement to purchase an 8" dredge from a South African company. This equipment will enable the company to expand its river dredging operation to another part of the country. The first dredge purchased last month will be employed on the Pampana river while this second dredge will operating on the Sewa river.