latest news releases from the newsroom
Enrollment Completed in Phase 1 Program for XOMA 052 in Type 2 Diabetes
BERKELEY, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of therapeutic antibodies, today announced that it has completed patient enrollment in its Phase 1 clinical development program for XOMA 052, a drug candidate that targets the inflammatory cause of Type 2 diabetes. The company plans to provide preliminary "top line" results from the Phase 1 studies in July 2009.
Linkwell Corporation Reports Fiscal Year 2008 Financial Results
SHANGHAI, China, April 30, 2009 (GLOBE NEWSWIRE) -- Linkwell Corporation (OTCBB:LWLL) (the "Company", or "Linkwell"), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, recently reported its financial results for the fiscal year ended December 31, 2008.
State Bank Corp.
State Bank Corp Reports First Quarter Results
LAKE HAVASU CITY, Ariz., April 30, 2009 (GLOBE NEWSWIRE) -- State Bank Corp. (OTCBB:SBAZ) ("Company"), the holding company for Mohave State Bank ("Bank"), announced a net operating loss of $1.04 million, or $0.27 per diluted share, for the first quarter of 2009 as compared to net income of $1.06 million, or $0.28 per diluted share, for the same period of 2008. The net operating loss in 2009 is primarily attributable to a $2.5 million increase in the provision for loan losses. As a precaution against further real estate loan weakness, the Company added $2.6 million to the loss reserve in the first quarter of 2009 as compared to $130,000 in the same period of 2008.
MSC.Software Creates University Advisory Board (UAB) to Accelerate New Technology Development
SANTA ANA, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- MSC.Software Corp. (Nasdaq:MSCS), a leading global provider of simulation software applications and related services today announced the creation of a University Advisory Board (UAB) that will facilitate collaboration between MSC.Software and leading universities, researchers and students to rapidly bring advanced, leading-edge technologies to industry.
OHA Investment Corporation
NGP Capital Resources Company Schedules Earnings Teleconference
HOUSTON, April 30, 2009 (GLOBE NEWSWIRE) -- NGP Capital Resources Company (Nasdaq:NGPC) (the "Company") today announced that it plans to publicly release its financial results for the quarter ending March 31, 2009 on May 7, 2009. The Company invites all interested persons to participate in its conference call on May 7, 2009 at 11:00 am Eastern Time. The dial-in number for the call is (888) 471-3843. International callers should dial (719) 325-2473.
Likewise Closes $10 Million Funding Round
BELLEVUE, Wash., April 30, 2009 (GLOBE NEWSWIRE) -- Likewise, the leader in delivering authentication, policy, and audit solutions for mixed networks, announced today it has closed a $10 million Series C round of funding. Current investors Ignition Partners, Trinity Ventures and Intel Capital led the round.
Fox Chase Bancorp, Inc.
Fox Chase Bancorp Announces 74% Increase in Net Income for First Quarter 2009
HATBORO, Pa., April 30, 2009 (GLOBE NEWSWIRE) -- Fox Chase Bancorp, Inc. (the "Company") (Nasdaq:FXCB), the holding company for Fox Chase Bank (the "Bank"), today announced net income of $601,000 for the three months ended March 31, 2009, compared to net income of $345,000 for the three months ended March 31, 2008, an increase of 74.2%.
Magma Design Automation
Magma's Titan ADX Adopted by Panasonic for Analog Circuit Optimization in Production Design Flow
SAN JOSE, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- Magma(r) Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software, announced today that Panasonic Corporation, one of the largest providers of consumer electronics products, has adopted Magma's Titan(tm) ADX analog migration and optimization software in its production custom analog design flow. Panasonic selected Titan ADX because it enables circuit optimization for a given process technology in a matter of hours without lengthy SPICE runs and streamlines analog design porting. With enhanced designer productivity, Panasonic can effectively reduce the time and effort required for analog design development.