latest news releases from the newsroom
OptimumBank Holdings, Inc.
OptimumBank Holdings Announces Quarterly and Six-Month Results
FORT LAUDERDALE, Fla., July 16, 2007 (PRIME NEWSWIRE) -- OptimumBank Holdings, Inc. (Nasdaq:OPHC), the holding company for OptimumBank, reported net income of $387,004, or $.13 per basic share, for the second quarter ended June 30, 2007, as compared to net income of $487,100, or $.16 per basic share, for the prior year quarter ended June 30, 2006. Net income for the six-month period ended June 30, 2007 was $801,977, or $.27 per basic share, as compared to $1,003,412, or $.34 per basic share, for same period last year. Chairman of the Board Albert Finch said, "We are effectively on budget for the first six months of this year and with the Company's strong asset quality, we are expecting good results as the year progresses." Just recently, on June 12, 2007, the Company declared a 5% stock dividend for the second year in a row. Mr. Finch noted, "We are looking positively to the future and want to continue to reward shareholder loyalty."
EffTec International, Inc.
Efficiency Technologies, Inc. to Present At Nalco's SE Michigan 'ALL STAR' Energy Conference
TULSA, Okla., July 16, 2007 (PRIME NEWSWIRE) -- Efficiency Technologies, Inc. ("EffTec"), a wholly-owned subsidiary of American Resource Management, Inc. (Pink Sheets:ARRM), announces that Efficiency Technologies, Inc. ("EffTec") will present at the SE Michigan "ALL STAR" Energy Conference hosted by Nalco Company and Henry Ford Health System in Detroit, Michigan on July 19, 2007.
Parker Waichman Alonso, LLP
Goldman Sachs Group, Inc. and Kelso & Company Affiliates Named as Additional Defendants to Kansas Oil Spill Lawsuit
COFFEYVILLE, Kan., July 16, 2007 (PRIME NEWSWIRE) -- Parker Waichman Alonso LLP, Hutton & Hutton Law Firm LLC, Neblett, Beard & Arsenault and Becnel Law Firm LLC announce that additional defendants have been added to a class action lawsuit they have filed. The lawsuit was filed suit on behalf of a man who lost his house and business as a result of the oil that spilled from the Coffeyville Resources refinery. The suit was initially filed on July 5, 2007 in the United States District Court, District of Kansas as a class action lawsuit and has been assigned to Judge J. Thomas Marten (Docket Number 6:07-CV-1186). One of the additional defendants include Coffeyville Acquisition, LLC, an entity principally owned by Goldman Sachs Group, Inc., its subsidiary J. Aron & Company, Kelso & Company and/or its affiliates. Other additional defendants include CVR Energy, Inc.; Coffeyville Group Holdings, LLC; Coffeyville Refining and Marketing Inc.; Coffeyville Resources Crude Transportation, LLC; Coffeyville Resources Terminal, LLC; and Coffeyville Resources Pipeline, LLC.
NetManage to Report Second Quarter 2007 Results Monday, July 23, 2007
CUPERTINO, Calif., July 16, 2007 (PRIME NEWSWIRE) -- NetManage, Inc. (Nasdaq:NETM), a leading software company that provides solutions for integrating, Web enabling and accessing enterprise information systems, will announce the company's second quarter 2007 financial results on Monday, July 23, 2007.