latest news releases from the newsroom
Electroglas Announces Fourth Quarter Fiscal 2008 Results
SAN JOSE, Calif., June 26, 2008 (PRIME NEWSWIRE) -- Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of wafer probing and software solutions for the semiconductor industry, today reported its operating results for the fourth fiscal quarter ended May 31, 2008.
Security Bank Corporation
Security Bank Corporation Announces Results From the Special Shareholders' Meeting and Second Quarter Earnings Release Date
MACON, Ga., June 26, 2008 (PRIME NEWSWIRE) -- Security Bank Corporation (Nasdaq:SBKC) today announced that at a Special Shareholders' Meeting, its shareholders approved two proposals relating to the recent $40 million subordinated debt issuance to affiliates of FSI Group, LLC ("FSI") which also included the issuance of warrants and stock appreciation rights ("SARs"). With 91% of outstanding shares represented, 85% of shareholders voted to approve the first proposal increasing the number of authorized shares of capital stock to include 10 million shares of non-voting common stock. The second proposal, which authorized the Company to exchange the SARs that were previously issued to FSI for warrants for non-voting common stock was also approved by 95% of shares voted by shareholders.
Purple Communications, Inc.
GoAmerica(R) Announces Results of Annual Shareholder Meeting
HACKENSACK, N.J., June 26 -- GoAmerica, Inc. (Nasdaq: GOAM), a provider of relay and wireless communications and professional interpreter services for deaf, hard-of-hearing, and speech-disabled persons, today announced the results from its annual stockholder meeting which was held on Wednesday, June 25, 2008 at 10AM Eastern Time, for shareholders of record as of May 23, 2008.
U-Haul International, Inc.
U-Haul Offers 30 Days of Free Storage to Laveen Brush Fire Victims
PHOENIX, June 26, 2008 (PRIME NEWSWIRE) -- The U-Haul Company of Western Arizona is offering 30 days of free storage to Laveen area families who have been asked to evacuate or need to move their belongings away from the areas affected by the recent lightning-caused brush fires. Families needing more information about the 30-days-free self-storage assistance program should contact the following storage facilities.
FreeSeas Inc. Announces New Charters for the Free Lady and Free Envoy
PIRAEUS, Greece, June 26, 2008 (PRIME NEWSWIRE) -- FreeSeas Inc. (Nasdaq:FREE) (Nasdaq:FREEW) (Nasdaq:FREEZ) ("FreeSeas" or "the Company"), a provider of seaborne transportation for drybulk cargoes, announced today that the Free Lady, a 2003-built, 50,246 dwt Handymax vessel, has been fixed for a time charter of a duration of approximately two years at a rate of $51,150 per day. The Free Lady is expected to be delivered to FreeSeas during the second week of July, and immediately begin employment with her new charterer.
Virgin America Sponsors First Annual Sunset Strip Music Festival
SAN FRANCISCO, June 26, 2008 (PRIME NEWSWIRE) -- Virgin America, the entertainment junkie's airline of choice, is partnering with the Sunset Strip Music Festival and The Standard to celebrate the musical revolution that was launched on the fabled Sunset Strip and continues to influence musicians today. The three-day music festival (June 26-June 28, 2008) is dedicated to promoting and preserving the Sunset Strip's rich musical tradition.
Tidelands Bancshares, Inc. Announces the Establishment of New Trust Subsidiary
MT. PLEASANT, S.C., June 26, 2008 (PRIME NEWSWIRE) -- Tidelands Bancshares, Inc. (Nasdaq:TDBK), a bank holding company for Tidelands Bank, established a new Delaware trust subsidiary, Tidelands Statutory Trust II, which completed the sale of $6,000,000 of trust preferred securities on June 20, 2008. Tidelands Statutory Trust II used the proceeds from the sale of the securities to purchase the Company's junior subordinated debt notes due 2038 (the "Debenture"). The net proceeds from the offering will be used by the Company to invest in its subsidiary bank, which intends to use the funds for general working capital purposes. Sandler O'Neill & Partners, L.P. served as financial advisor to Tidelands in this transaction.