latest news releases from the newsroom
Marten Transport, Ltd.
Marten Transport Announces Second Quarter Results
MONDOVI, Wis., July 22, 2008 (PRIME NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq:MRTN) announced today its financial and operating results for the quarter ended June 30, 2008.
Heritage Financial Corporation
Heritage Financial Corporation of Olympia, Washington Announces Second Quarter 2008 Earnings
OLYMPIA, Wash., July 22, 2008 (PRIME NEWSWIRE) -- Heritage Financial Corporation (Nasdaq:HFWA) Brian L. Vance, President and CEO of Heritage Financial Corporation ("Company") today reported net income for the second quarter ended June 30, 2008 of $1,804,000 compared with $2,627,000 for the quarter ended June 30, 2007. Diluted earnings per share for the quarter ended June 30, 2008 were $0.27 compared to $0.39 for the quarter ended June 30, 2007.
Encore Bancshares, Inc.
Encore Bancshares, Inc. to Present At the Keefe, Bruyette & Woods 9th Annual Community Bank Investor Conference
HOUSTON, July 22, 2008 (PRIME NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today that Jim D'Agostino, Chairman and Chief Executive Officer, and Andy Creel, Chief Financial Officer, will be presenting at the Keefe, Bruyette & Woods 9th Annual Community Bank Investor Conference in New York, NY on July 29, 2008 at 3:30 p.m EDT at the Waldorf-Astoria Hotel. Interested individuals may access a live webcast of the presentation by visiting http://www.kbw.com/news/conferences.html. Select View Webcast under the Community Bank Investor Conference heading. The archived webcast will be available for 60 days after the event, beginning 7/31/2008.
Medavant Announces Receipt of Notice of Non-Compliance From Nasdaq
ATLANTA, July 22, 2008 (PRIME NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant) (Nasdaq:PILL), a leader in healthcare technology and transaction services, today announced that on July 16, 2008 it received notice from the Nasdaq Stock Market ("Nasdaq") of the failure of its common stock to maintain a minimum bid price of $1.00 per share for thirty (30) consecutive trading days, as required by Nasdaq Marketplace Rule 4450(a)(5). If at anytime before January 12, 2009, the minimum bid price for the Company's common stock closes at $1.00 per share or more for 10 consecutive trading days, Nasdaq will notify the Company in writing that its compliance with the rule has been restored. If the Company does not demonstrate such compliance by January 12, 2009 Nasdaq will provide written notification of delisting of the Company's securities from the Nasdaq Global Market.
WCI Communities, Inc.
WCI Communities Inc. Announces Amendment to Exchange Offer for 4.0% Contingent Convertible Senior Subordinated Notes Due 2023
BONITA SPRINGS, Fla., July 22, 2008 (PRIME NEWSWIRE) -- WCI Communities, Inc. ("WCI" or the "Company") (NYSE:WCI) announced today that it has amended the exchange offer commenced on July 8, 2008 for all of its outstanding $125.0 million 4.0% Contingent Convertible Senior Subordinated Notes due 2023 (the "Outstanding Notes"). Pursuant to the terms of the amended exchange offer, the Company offers to exchange a unit, consisting of $1,000 principal amount of new 17.5% senior secured notes due 2012 and a warrant to purchase 33.7392 shares of its common stock, for each $1,000 principal amount of our current Outstanding Notes.
Bank of Virginia
Bank of Virginia Announces Second Quarter and Year-to-Date Earnings
MIDLOTHIAN, Va., July 22, 2008 (PRIME NEWSWIRE) -- Frank Bell, III, President and Chief Executive Officer of Bank of Virginia (Nasdaq:BOVA) (www.bankofva.com) announced the Bank's second quarter 2008 financial performance today. The Bank reported a profit of $56 thousand or $0.02 cents per basic and diluted earnings per share. The 2nd Quarter 2008 results compare favorably with the $89 thousand operating loss reported at March 31, 2008. In addition, total assets increased 6.4%, growing from $184.0 million at year-end 2007 to $195.7 million as of June 30, 2008.