latest news releases from the newsroom
IPC Holdings, Limited
IPC Holdings Mails Proxy Materials and Letter to Shareholders
HAMILTON, Bermuda, May 7, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (Nasdaq:IPCR) (BSX: IPCR BH) today announced that the joint proxy statement/prospectus for its amalgamation with Max Capital Group Ltd. (Nasdaq:MXGL) (BSX: MXGL BH) has been declared effective by the U.S. Securities and Exchange Commission and that both companies have commenced mailing definitive proxy materials to shareholders of record as of the close of business on April 28, 2009. IPC's annual general meeting of shareholders will be held on June 12 at 11:00 a.m. local time in order to obtain shareholder approval for the combination with Max.
Craftmade International, Inc.
Craftmade International Announces Fiscal Year 2009 Third Quarter Earnings Conference Call and Webcast
COPPELL, Texas, May 7, 2009 (GLOBE NEWSWIRE) -- Craftmade International, Inc. (Nasdaq:CRFT) will host its fiscal year 2009 third quarter earnings results conference call on Wednesday, May 13, 2009 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). The call will be hosted by J. Marcus Scrudder, Chief Executive Officer; Brad Heimann, President and Chief Operating Officer; and C. Brett Burford, Chief Financial Officer. The related earnings release will be issued before the market opens on Wednesday, May 13, 2009.
The Pomerantz Firm Charges Sequenom, Inc. With Securities Fraud -- SQNM
NEW YORK, May 7, 2009 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court, Southern District of California, against Sequenom, Inc. ("Sequenom" or the "Company") (Nasdaq:SQNM) and certain of its top officials. The class action (09-cv-976) was filed on behalf of purchasers of the securities of the Company between June 4, 2008 and April 29, 2009, inclusive (the "Class Period"). The Complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Ace and Rule 10b-5 promulgated thereunder.
Marlin Business Services Corp.
Marlin Business Services Corp. Reports First Quarter 2009 Results
MOUNT LAUREL, N.J., May 7, 2009 (GLOBE NEWSWIRE) -- Marlin Business Services Corp. (Nasdaq:MRLN) today reported a first quarter 2009 GAAP net loss of $879,000 or $0.08 per diluted share and net loss on an adjusted basis of $88,000 or $0.01 per share. Included in net income is an after-tax severance charge of $300,000 related to a previously announced workforce reduction. Excluding this charge, net loss for the first quarter ended March 31, 2009 is $579,000 and net income on an adjusted basis is $212,000.
Jay's Summer Vacation in the Countryside -- an Exciting Adventure of a Young Boy With His Papa's Old Truck
BEDFORD, Va., May 7, 2009 (GLOBE NEWSWIRE) -- Summer vacation is very close. Soon there will be no more games to play with friends in school. Everyone is excited about making plans for the upcoming vacation, but Jay is still worried if his own plan for the school break will be realized. Will he hear a great surprise from Momma? Will Jay and the Old Big Blue Truck have fun together this summer vacation? Find out as Laurie Hurt narrates this adventurous story.
Direct Edge Files Exchange Applications With the SEC
JERSEY CITY, N.J., May 7, 2009 (GLOBE NEWSWIRE) -- Direct Edge announced today that it has formally filed two Form 1 applications with the Securities and Exchange Commission in order to register its ECN trading systems, EDGX and EDGA, as facilities of two newly-created national securities exchanges.
Ambassadors Group, Inc
Ambassadors Group Declares Quarterly Dividend
SPOKANE, Wash., May 7, 2009 (GLOBE NEWSWIRE) -- Ambassadors Group, Inc. (Nasdaq:EPAX) ("Company"), a leading provider of educational travel experiences, announced today that its board of directors declared a quarterly dividend of $0.06 per share, which will be paid on June 4, 2009 to all common shareholders of record on May 21, 2009. The Company's board of directors continually reviews the Company's dividend policy to ensure compliance with capital requirements, regulatory limitations, the Company's financial position and other conditions, which may affect the Company's desire or ability to pay dividends in the future.
Summit Financial Group, Inc.
Summit Financial Group Announces First Half 2009 Semi-Annual Dividend
MOOREFIELD, W.Va., May 7, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Summit Financial Group, Inc. (Nasdaq:SMMF) recently declared a semi-annual cash dividend on the Company's common stock of $0.06 per share, or $0.12 per share on an annualized basis. This dividend represents a reduction of $0.24 per share, or 67 percent, from the $0.36 paid annually in 2008. The dividend is payable on June 15, 2009 to shareholders of record as of the close of business on June 1, 2009.
Brightpoint Reports First Quarter 2009 Financial Results
INDIANAPOLIS, May 7, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) reported its financial results for the first quarter ended March 31, 2009. Unless otherwise noted, amounts pertain to the first quarter of 2009.