latest news releases from the newsroom
Rosetta Resources Inc.
Rosetta Resources Inc. Announces 1st Quarter 2009 Financial Conference Call
HOUSTON, April 30, 2009 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. ("Rosetta") (Nasdaq:ROSE) today announced it will hold its 1st Quarter 2009 Conference Call on Monday, May 11, 2009. The call will be hosted by Randy L. Limbacher, Rosetta's President and Chief Executive Officer, and will cover the Company's 2009 first quarter financial and operating results as well as an updated outlook. The conference call will broadcast live over the internet.
Heritage Commerce Corp
Heritage Commerce Corp Reports Financial Results for First Quarter 2009
SAN JOSE, Calif., April 30, 2009 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (Nasdaq:HTBK), parent company of Heritage Bank of Commerce, today reported a first quarter 2009 net loss of $4.0 million. The net loss available to common shareholders was $4.5 million, or $(0.38) per diluted common share, in the first quarter ended March 31, 2009, which included a $10.4 million provision for loan losses and $585,000 in dividends and discount accretion on preferred stock. In the quarter ended March 31, 2008, Heritage Commerce Corp earned $1.7 million, or $0.14 per diluted common share, including a provision for loan losses of $1.7 million and no dividends or discount accretion on preferred stock.
Sun American Bancorp
Sun American Bancorp Reports First Quarter 2009 Results
BOCA RATON, Fla., April 30, 2009 (GLOBE NEWSWIRE) -- Sun American Bancorp (Nasdaq:SAMB) ("Sun American"), the bank holding company for Sun American Bank, today announced its First Quarter 2009 Results.
Purple Communications, Inc.
Purple Communications(TM) Announces Results of Annual Shareholder Meeting
NOVATO, Calif., April 30, 2009 -- Purple Communications, Inc. ("Purple" or "the Company") (Nasdaq:PRPL), one of the nation's leading providers of text and video relay and on-site interpreting services, announced the results of its annual shareholder meeting held today.
HickoryTech Corporation Declares Quarterly Dividend
MANKATO, Minn., April 30, 2009 (GLOBE NEWSWIRE) -- HickoryTech Corporation (Nasdaq:HTCO) announced today that its Board of Directors has declared a quarterly dividend of 13 cents per share of HickoryTech common stock, payable June 5, 2009 to shareholders of record as of May 15, 2009. HickoryTech has a long tradition of paying a cash dividend that spans more than 60 years.
Community Financial Corporation
Community Financial Reports Annual Results
STAUNTON, Va., April 30, 2009 (GLOBE NEWSWIRE) -- Community Financial Corporation (Nasdaq:CFFC), a holding company whose sole subsidiary is Community Bank, Staunton, Virginia, today reported results for the quarter and fiscal year ended March 31, 2009. For the quarter ended March 31, 2009, Community Financial reported a net loss of $538,000, or $(0.17) per diluted share, compared to net income of $1,006,000, or $0.23 per diluted share, for the same period last year. The net loss for the current quarter compared to net income for the March 31, 2008 quarter was due to increases in the provision for loan losses of $2,470,000 and noninterest expense of $221,000, offset by an increase in net interest income of $188,000 and a decrease in income taxes of $862,000. The increase in the provision for loan losses is primarily related to both the increase in our lending and an increase in charge-offs and anticipated charge-offs related to loans for which we have established specific reserves based on the continuing deterioration of the real estate market.