latest news releases from the newsroom
Toll Brothers, Inc.
Toll Brothers' Participation at The Deutsche Bank 2007 Real Estate & Lodging Outlook Conference to be Webcast Live
HORSHAM, Pa., Jan. 15, 2007 (PRIME NEWSWIRE) -- Joel H. Rassman, Chief Financial Officer of Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, will participate on the Homebuilders Panel at the Deutsche Bank 2007 Real Estate & Lodging Outlook Conference on Thursday, January 18, 2007 at 2:00 p.m.(EST).
Macatawa Bank Corporation
Macatawa Bank Corporation Reports Record Annual Earnings and Fourth Quarter EPS of $0.36
HOLLAND, Mich., Jan. 15, 2007 (PRIME NEWSWIRE) -- Macatawa Bank Corporation (Nasdaq:MCBC) today announced net income for the fourth quarter of 2006. Net income for the quarter was $5.90 million, a 6% increase over fourth quarter 2005 net income of $5.54 million. Diluted earnings per share totaled $0.36 for the quarter compared to $0.34 for the fourth quarter of 2005. The results for the fourth quarter represent a 1.16% ROA and a 14.87% ROE. Net income for the year ended December 31, 2006 increased 10% to a record $22.89 million, or $1.38 per diluted share, as compared to 2005 net income of $20.89 million, or $1.27 per diluted share. The annual results for 2006 represent a 1.16% ROA and 15.11% ROE.
MM2 Group, Inc.
Exclusive Interview With Mark Meller, CEO of MM2 Group Available on MN1.com
LIVINGSTON, N.J., Jan. 15, 2007 (PRIME NEWSWIRE) -- On Jan. 5, 2007, at 10 a.m. CDT, Mr. Mark Meller, CEO of MM2 Group (OTCBB:MMGP), was featured live on Market News First (http://www.mn1.com) for an exclusive interview. If you missed the interview, you can still catch it by downloading the podcast on www.mn1.com.
Frozen Food Express Industries, Inc.
Trucking Veteran John T. Hickerson to Lead FFE Transportation Services, Inc. Dry Van Division
DALLAS, Jan. 15, 2007 (PRIME NEWSWIRE) -- John T. Hickerson, 55, has joined FFE Transportation Services, Inc. ("FFE"), as Division President of American Eagle Lines, the company's 500-truck dry truckload fleet. Mr. Hickerson will also lead FFE's freight brokerage operation. The announcement came Monday from Stoney M. Stubbs, President and CEO FFE and its parent Frozen Food Express Industries, Inc. (Nasdaq:FFEX).
PW Eagle, Inc.
J-M Manufacturing and PW Eagle Announce Definitive Merger Agreement
LIVINGSTON, N.J. and EUGENE, Ore., Jan. 15, 2007 (PRIME NEWSWIRE) -- J-M Manufacturing Company, Inc. and PW Eagle, Inc. (Nasdaq:PWEI), manufacturers of plastic pipe, fittings and tubing products, today announced that they have signed a definitive merger agreement under which J-M Manufacturing will acquire all of the outstanding common shares of PW Eagle for $33.50 per share in cash. The transaction represents an implied total equity value of approximately $400 million.
Gwinnett Innovation Park
Gwinnett Innovation Park Welcomes Mazor Surgical Technologies, Inc.
NORCROSS, Ga., Jan. 15, 2007 (PRIME NEWSWIRE) -- The Gwinnett Innovation Park (www.gwinnettinnovationpark.com), an innovative facility in Gwinnett County uniquely designed to provide the flexibility and support that growing companies need, welcomes Mazor Surgical Technologies, Inc. to its complex. Bonnie Herron, Executive Director of the Gwinnett Innovation Park, announced that Mazor Surgical Technologies has chosen the Gwinnett Innovation Park as the company's base from which to launch its products and services into the U.S. markets.
Genette Eaton Named to BUILDER Magazine's 2006 Power On 50
NEWPORT BEACH, Calif., Jan. 15, 2007 (PRIME NEWSWIRE) -- HomeAid, a leading national non-profit provider of housing for today's homeless, today announced that its CEO Genette Eaton was named to BUILDER Magazine's Power On 50, a list of the 50 most influential people in home building. Chosen by the publication's editorial staff, the Power On 50 list represents the top influencers in the home-building industry, defined as either "exerting considerable power" or "charging forward, creating opportunities, or redefining the boundaries of innovation."