latest news releases from the newsroom
NewStar Financial, Inc.
NewStar Financial Announces Closing of Initial Public Offering and Underwriters' Exercise of Option to Purchase Additional Shares
BOSTON, Dec. 19, 2006 (PRIME NEWSWIRE) -- NewStar Financial Inc. (Nasdaq:NEWS), a commercial finance company, announced today the completion of its initial public offering of 12,000,000 shares of its common stock priced at $17.00 per share. NewStar sold all of the shares in the offering. NewStar also announced today that the underwriters of its initial public offering exercised in full their option to purchase an additional 1,800,000 shares of common stock from NewStar. The sale of the additional 1,800,000 shares was completed today as well.
ACME Communications Appoints Rick Wasserman to Its Board of Directors
SANTA ANA, Calif., Dec. 19, 2006 (PRIME NEWSWIRE) -- ACME Communications, Inc. (Nasdaq:ACME) announced today the appointment of Rick Wasserman to the Company's Board of Directors, effective December 21, 2006. Mr. Wasserman fills an existing vacancy in the Board and will be included in the nominees for election at the 2007 annual stockholders meeting, to be held in late Spring of 2007.
Aventine Renewable Energy Holdings, Inc.
Aventine's Marketing Alliance Increases With Redfield Energy
PEKIN, Ill., Dec. 19, 2006 (PRIME NEWSWIRE) -- Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), a leading producer, marketer and end-to-end supplier of ethanol, today announced that it has added a new marketing alliance partner, Redfield Energy, LLC, to its growing marketing alliance network. Aventine will market all of the ethanol produced by Redfield Energy at its Redfield, SD facility.
Hancock Holding Company
Photo Release -- Chaney & Hairston Named CEOs of Hancock Holding Company
GULFPORT, Miss., Dec. 19, 2006 (PRIME NEWSWIRE) -- In a strong vote of confidence that affirms a team-oriented succession strategy more than a century in the making, the board of directors of Hancock Holding Company - parent company of 108-year-old Hancock Bank - today named Chief Financial Officer Carl J. Chaney and Chief Operations Officer John M. Hairston as chief executive officers of the company.