latest news releases from the newsroom
Internet Initiative Japan Inc.
IIJ Revises Full-Year Financial Target for FY2008
TOKYO, Feb. 12, 2009 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. ("IIJ"), (Nasdaq:IIJI), (TSE1:3774) today announced that it has revised its full FY2008 consolidated financial targets from the target announced on October 24, 2008.
Nidec Announces Results of Own Share Repurchase Through J-NET
KYOTO, Japan, Feb. 11, 2009 (GLOBE NEWSWIRE) -- Nidec Corporation (NYSE:NJ) (the "Company") announced today the Company has repurchased its own shares through Osaka Securities Exchange's J-NET in accordance with its press release issued on February 10, 2009.
Barnhill & Vaynerov LLP
Barnhill & Vaynerov LLP, Investigating Insight Enterprises, Inc. On Behalf of Investors
LOS ANGELES, Feb. 11, 2009 (GLOBE NEWSWIRE) -- Barnhill & Vaynerov LLP today announced that it is investigating potential claims against Insight Enterprises, Inc. ("Insight Enterprises" or the "Company") (Nasdaq:NSIT), on behalf of investors. The investigation pertains to possible securities violations related to public statements made by the Company between March 11, 2004 and February 6, 2009, in light of the Company's disclosure that it will have to restate its previously reported earnings.
The Inventure Group, Inc.
The Inventure Group, Inc. to Present At the Roth 21st Annual OC Growth Stock Conference
PHOENIX, Feb. 11, 2009 (GLOBE NEWSWIRE) -- The Inventure Group, Inc. (Nasdaq:SNAK) will be making a presentation at the Roth 21st Annual OC Growth Stock Conference in California on February 18, 2009 from noon to 12:30 p.m., at the Ritz-Carlton, Laguna Niguel. Attending from The Inventure Group will be Terry McDaniel, Chief Executive Officer and Steve Weinberger, Chief Financial Officer.
Quri Resources, Inc.
Quri Resources Inc. Plans 16,000 Meter Drill Program to Prove Up Resources
QUITO, Ecuador, Feb. 11, 2009 (GLOBE NEWSWIRE) -- Jaime S. Gomez, CEO and President of Quri Resources, Inc. (Pink Sheets:QURI), during a shareholder's meeting in Quito disclosed the independent geologist report from Duncan Bain, National Instrument 43-101. Mr. Gomez stated that the Wellington Project was in the last phases of exploration and was ready to begin a 16,000-meter drilling program to prove its resources.
Mercer International Inc.
Mercer International Inc. Reports 2008 Fourth Quarter and Year End Results
NEW YORK, Feb. 11, 2009 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the fourth quarter and year ended December 31, 2008. Total revenues in the fourth quarter of 2008 decreased to EUR172.0 million (US$226.6 million) from EUR173.4 million (US$251.3 million) in the same period of 2007. We recorded an Operating EBITDA loss of EUR7.5 million (US$9.9 million) in the current quarter, compared to Operating EBITDA of EUR37.2 million (US$53.9 million) in the fourth quarter of 2007 as rapidly declining market conditions and a non-cash inventory write-down of EUR11.3 million in the current quarter adversely affected our results.
Bassett Furniture Industries, Inc.
Bassett Announces Fourth Quarter and Fiscal 2008 Results
BASSETT, Va., Feb. 11, 2009 (GLOBE NEWSWIRE) -- Bassett Furniture Industries Inc. (Nasdaq:BSET) announced today its results of operations for its fiscal year and quarter ended November 29, 2008.