latest news releases from the newsroom
Directors Guild of America
DGA and Networks Reach Tentative Deal in News, Sports and Operations
NEW YORK, Nov. 20, 2007 (PRIME NEWSWIRE) -- The Directors Guild of America today announced that the DGA's Network Negotiating Committee has reached a tentative new three-year agreement with ABC, CBS and NBC. The tentative agreement incorporates annual wage increases and other negotiated benefits for directors and their teams and provides a framework for ongoing dialogue during the term of the agreement.
Targa Resources Partners LP
Targa Resources Partners LP Announces Closing of Over-Allotment Option
HOUSTON, Nov. 20, 2007 (PRIME NEWSWIRE) -- Targa Resources Partners LP (Nasdaq:NGLS) ("Targa Resources Partners" or the "Partnership") announced today that it closed the partial exercise of the over-allotment option it granted to the underwriters in connection with its recent public offering of common units. The underwriters exercised the option for an additional 1,800,000 common units at a price of $26.87 per unit, less the underwriting discount.
Callidus Software Inc.
Callidus Software Chief Executive Leslie Stretch Speaking At Credit Suisse Annual Technology Conference
SAN JOSE, Calif., Nov. 20, 2007 (PRIME NEWSWIRE) -- Callidus Software Inc. (Nasdaq:CALD), a leader in Sales Performance Management (SPM), today announced Leslie Stretch, president and CEO, and Ron Fior, CFO, are scheduled to present at the Credit Suisse Annual Technology Conference on Tuesday, November 27, 2007 at the Phoenician Hotel in Scottsdale, Arizona.
Capital Southwest Corporation
Capital Southwest Receives Notice From NASDAQ Due to Delay in Filing of Form 10-Q and Announces Restatement of Previously Issued Audited Financial Statements
DALLAS, Nov. 20, 2007 (PRIME NEWSWIRE) -- On November 15, 2007, Capital Southwest Corporation (Nasdaq:CSWC) (the "Company") received a NASDAQ Staff Determination letter stating that the Company is not in compliance with the filing requirements for continued listing set forth in NASDAQ Marketplace Rule 4310(c)(14) and that its common stock is subject to delisting from The NASDAQ Stock Market. The notice, which the Company expected, was issued as a result of the Company's failure to file its semi-annual report on Form 10-Q for the quarter ended September 30, 2007 with the Securities and Exchange Commission by the required deadline. The Company had previously filed a Form 12b-25 with the SEC indicating that the Company would be unable to file its Form 10-Q by the original filing deadline of November 9, 2007 due to the Company's ongoing review of its deferred taxes on unrealized appreciation of investments.
Home BancShares, Inc.
Home BancShares, Inc. Announces Plan to Sell Ownership in White River Bancshares, Inc.
CONWAY, Ark., Nov. 20, 2007 (PRIME NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB) announced today that it entered into an agreement with White River Bancshares, Inc. to sell Home's 20% ownership in White River. The purchase price of the 20% interest is $19,861,500. The sale is conditioned upon White River raising the purchase price through a private placement of its stock. The sale is also conditioned upon any applicable regulatory approvals and other customary provisions. The closing is scheduled no later than March 1, 2008.