latest news releases from the newsroom
Monster Beverage Corporation
Hansen Natural to Host Business Update Conference Call
CORONA, Calif., June 25, 2008 (PRIME NEWSWIRE) -- As previously indicated during the course of the company's most recent earnings call, Hansen Natural Corporation (Nasdaq:HANS) announced today that the company's Chairman and Chief Executive Officer Rodney Sacks and Vice Chairman and President Hilton Schlosberg will host an investor conference call Tuesday, July 8, 2008 at 2 p.m. Pacific Time (5 p.m. Eastern Time) to provide an update on the company's business and operations.
J. Thompson & Associates PLC
J. Thompson & Associates and Sommers Schwartz Announce Class Action Lawsuit Filed On Behalf of Deja Vu Exotic Dancers
SOUTHFIELD, Mich., June 25, 2008 (PRIME NEWSWIRE) -- On June 25, 2008, a class action was filed on behalf of exotic dancers who have worked at nine Deja Vu nightclubs over the past three years, claiming back wages, liquidated damages, penalties and injunctive relief alleged to be owed. The dancers assert that the companies named as Defendants in the action, Deja Vu Consulting Inc. and Cin-Lan Inc. misclassified all dancers at the nightclubs as independent contractors, as opposed to employees, and as a result, the dancers were not paid the minimum wages required by the Fair Labor Standards Act (FLSA) and the Michigan Minimum Wage Law (MWL). The complaint also alleges that the dancers were also not allowed to retain all tips given to them by customers, but instead were forced to split those tips with the defendant companies. The lawsuit alleges these tactics were done to enhance the Deja Vu Nightclubs profits at the expense of the dancers.
Dow Jones Indexes
Component Changes Made to Dow Jones Select Dividend Indexes
NEW YORK, June 25, 2008 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones EPAC Select Dividend Index and Dow Jones Global Select Dividend Index.
SoundBite Communications, Inc.
SoundBite Communications and Universal Recovery Systems Reach Settlement in Patent Litigation
BEDFORD, Mass., June 25, 2008 (PRIME NEWSWIRE) -- SoundBite Communications, Inc., (Nasdaq:SDBT) a provider of on-demand, integrated multi-channel communications solutions and Universal Recovery Systems, Inc., owner of the Universal Systems Right Party Contact Solution, a patented approach to maximizing right party contacts, announced today that they have settled two lawsuits between the parties.
Baxano Surgical, Inc.
TranS1 Inc. Announces the First Patients Treated With Its Percutaneous Nucleus Replacement, PNR, in Europe
WILMINGTON, N.C., June 25, 2008 (PRIME NEWSWIRE) -- TranS1 Inc. (Nasdaq:TSON), a medical device company focused on designing, developing and marketing products that implement its proprietary minimally invasive surgical approach to treat degenerative disc disease affecting the lower lumbar region of the spine, today announced the first patients treated with its revolutionary, 2nd generation PNR(r) implant. The PNR(r) is designed to relieve lower back pain while restoring full range of motion and axial compression within the affected lumbar disc. The PNR(r) is the only motion preserving implant capable of being surgically delivered into the degenerated disc through a single, one and a half inch incision without damaging or dissecting any supportive soft tissue structures such as muscles, ligaments and the disc annulus. Consequently, the patients receiving the PNR(r) were ambulatory within two hours of the surgery. These first patients are part of a pilot study to assess the safety and effectiveness of the PNR(r).
America First Multifamily Investors, L.P.
America First Tax Exempt Investors L.P. Announces New Secured Credit Facility
OMAHA, Neb., June 25, 2008 (PRIME NEWSWIRE) -- America First Tax Exempt Investors, L.P. and subsidiary (Nasdaq:ATAX) (the "Company"), announced today that the Company will enter into a $65.1 million bridge loan agreement with Bank of America on June 26, 2008 in order to repay its existing P-Float credit facility with Merrill Lynch in anticipation of entering into a new tender option bond credit facility with Bank of America. The Company anticipates closing on this new tender option bond credit facility with Bank of America on or before July 3, 2008. Proceeds from the new tender option bond credit facility will be used to repay the bridge loan facility. Detail terms of the new tender option bond credit facility will be disclosed upon the closing of that transaction.
Roma Financial Corporation
Roma Financial Declares Dividend
ROBBINSVILLE, N.J., June 25, 2008 (PRIME NEWSWIRE) -- Roma Financial Corporation (Nasdaq:ROMA) (the Company), the holding company of Roma Bank, announced today that its Board of Directors (the Board) declared the Company's sixth consecutive quarterly cash dividend. A dividend of $.08 per share will be paid on or about July 23, 2008 to stockholders of record on July 9, 2008.
Kentucky Energy, Inc.
Quest Minerals & Mining Schedules Final Tune-up for Production
PATERSON, N.J., June 25, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky-based operator of energy and mineral related properties, announced today that their contract mining group, Whitestar Mining, LLC., will be making the final maintenance and equipment repairs necessary to gear up for the upcoming coal mining stage. The company is currently preparing to mine its Pond Creek location, held under its wholly owned subsidiary, Gwenco, Inc.