latest news releases from the newsroom
Federal Home Loan Bank of Cincinnati
FHLBank Cincinnati's Fourth-Quarter Dividend Approved
CINCINNATI, Dec. 20, 2005 (PRIMEZONE) -- The Federal Housing Finance Board's Office of Supervision late Monday approved a fourth-quarter dividend of 5.75 percent per annum for the period October 1, 2005 to December 31, 2005, compared to 4.875 for the third quarter. This dividend will be paid in the form of additional shares of capital stock on December 31, 2005.
The Bull Market Report
The Bull Market Report Previews the Financial Sector's Prospects For 2006
PRINCETON, N.J., Dec. 20, 2005 (PRIMEZONE) -- The Bull Market Report (http://www.bullmarket.com), a long-term growth and income-generating focused online investment newsletter, announced today that it has provided subscribers with a look at the financial sector, highlighting such companies as Goldman Sachs (NYSE:GS), Citigroup (NYSE:C), Valley National Bancorp (NYSE:VLY), and PNC Financial (NYSE:PNC), among others.
SmartPros Announces Changes to Board of Directors
HAWTHORNE, N.Y., Dec. 20, 2005 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED), a leader in the field of accredited professional education and corporate training, today announced that its Chairman John F. Gamba will retire from its Board of Directors effective December 31, 2005. Allen S. Greene, SmartPros' current Chief Executive Officer and Vice Chairman, has been elected by the Board to succeed Mr. Gamba.
Discovery Laboratories, Inc.
Discovery Labs Announces Completion of $20.0 Million Registered Direct Offering
WARRINGTON, Pa., Dec. 20, 2005 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), has completed its previously announced registered direct offering of 3,030,304 shares of common stock to select institutional investors. The shares were priced at $6.60 per share resulting in gross proceeds of $20.0 million. All of the shares of common stock were offered by Discovery Labs pursuant to an effective registration statement previously filed with the Securities and Exchange Commission. SG Cowen & Co., LLC acted as exclusive placement agent for the transaction.