latest news releases from the newsroom
Kender Energy Inc.
Kender Energy Inc. Receives Its First Letters of Intent From Its Network of Distributors
GENEVA, Switzerland, March 31, 2009 (GLOBE NEWSWIRE) -- Kender Energy Inc. (Pink Sheets:KNDR) announces the signing of its first letters with distributors for the Kender solar panels. Following the recent launch of the Kender Solar marketing plan, the Company has had a successful beginning of campaign with rapid response from its distribution network.
Old National Bancorp
Old National Bancorp Repurchases Preferred Stock From U.S. Treasury
EVANSVILLE, Ind., March 31, 2009 (GLOBE NEWSWIRE) -- Old National Bancorp (NYSE:ONB) announced today that it repurchased all of the $100 million in preferred, non-voting stock that was sold to the U.S. Department of Treasury as part of the Capital Purchase Program (CPP) for healthy financial institutions. In December, Old National, which was approved by Treasury to receive up to $150 million in CPP funds, made the decision to accept $100 million in funding through the CPP portion of the Treasury Department's Troubled Asset Relief Program (TARP).