latest news releases from the newsroom
Exide Technologies Secures New Military Contract
ALPHARETTA, Ga., July 15, 2008 (PRIME NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE) (www.exide.com), a global leader in stored electrical-energy solutions, announced today that its Industrial Energy Division in Europe has secured a new military contract in Asia. The new affiliation is a partnership with Trans Resources Corporation (TRC) Sdn Bhd to support electrical networks at a new naval base in Malaysia.
Adams Golf Announces Revenue Growth Range for Second Quarter 2008
PLANO, Texas, July 15, 2008 (PRIME NEWSWIRE) -- Adams Golf (Nasdaq:ADGF) today announced that it expects its second quarter revenues to grow 6-10% from the $30.4 million it recorded in the second quarter of 2007. The Company expects to file its second quarter form 10-Q on August 4th, 2008, and host a live conference call to discuss its financial results on August 5th, 2008.
The Avelino Law Firm
Avelino & Associates, P.C. Files Another FINRA Arbitration Claim Against Charles Schwab & Co.
NEW YORK, July 15, 2008 (PRIME NEWSWIRE) -- The law firms of Avelino & Associates, P.C. (http://www.avelinolaw.com) and Napoli Bern Ripka, LLP, announced today that a claim was filed with FINRA (Financial Industry Regulatory Authority) arbitration against Charles Schwab & Co. The claim was filed on behalf of an investor who seeks damages for losses sustained in the Schwab YieldPlus Select Fund (SWYSX).
Orion Energy Systems, Inc.
Orion Energy Systems, Inc. Announces Fiscal 2009 Preliminary First Quarter Revenues and Provides Revised Annual Revenue Guidance
PLYMOUTH, Wis., July 15, 2008 (PRIME NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq:OESX), a leading provider of energy management systems to the commercial and industrial sectors, today announced that it expects revenues in the range of $16.1 million to $16.3 million for its fiscal 2009 first quarter ended June 30. Given softer than anticipated first quarter revenues, Orion is revising its annual revenue guidance range to 25% to 28% year-over-year revenue growth. Total revenue for fiscal 2009 is now forecasted to be between $101 million and $103 million.
Polydex Pharmaceuticals Limited
Polydex Pharmaceuticals to Appeal Staff Determination Letter From NASDAQ
TORONTO, July 15, 2008 (PRIME NEWSWIRE) -- Polydex Pharmaceuticals Limited (the "Company"), (Nasdaq:POLXF) announced today that on July 14, 2008, it received a Nasdaq Staff Determination Letter from The NASDAQ Stock Market stating that the Company had not regained compliance with the $1.00 minimum bid price requirement for continued listing as set forth in Marketplace Rule 4310(c)(4) during the preceding 180-day period as set forth in NASDAQ's letter of deficiency to the Company on January 16, 2008.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. to Issue Second Quarter 2008 Results and Hold Investor Conference Call
NEW YORK, July 15, 2008 (PRIME NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) will report its financial results for the second quarter ended June 30, 2008, after the close of stock market trading on Wednesday, August 6th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:30 a.m. ET on Thursday, August 7th, to discuss the results.
Approach Resources Inc.
Approach Resources Inc. Announces Joint Venture's Intent to Sell British Columbia - Montney Interests
FORT WORTH, Texas, July 15, 2008 (PRIME NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) ("Approach" or the "Company") today announced that the operator and non-operating participants in the Company's British Columbia lease acquisition and drilling project have engaged Tristone Capital Inc. to explore the sale of the project's oil and gas interests in northeast British Columbia. The project covers 29,954 (gross) and 28,309 (net) acres in the Monias/Charlie Lake areas. The project primarily targets Montney tight gas and Doig phosphate shale formations. Approach holds a 25% non-operating interest in the project.