latest news releases from the newsroom
Silverstar Holdings, Ltd.
Silverstar's Empire Interactive Introduces 'Ford Racing Off Road'
BOCA RATON, Fla., Jan. 10, 2008 (PRIME NEWSWIRE) -- Empire Interactive PLC, an international publisher and developer of interactive entertainment software and a wholly owned subsidiary of Silverstar Holdings (Nasdaq:SSTR), announced 'Ford Racing Off Road' for the PlayStation 2(tm), PSP(tm) (PlayStation Portable), Wii(tm) and PC. This latest version is based on the highly regarded and best-selling Ford licensed series.
Leading Brands, Inc. Announces Third Quarter Earnings Release and Conference Call
VANCOUVER, British Columbia, Jan. 10, 2008 (PRIME NEWSWIRE) -- Leading Brands, Inc. (Nasdaq:LBIX), North America's only fully integrated healthy beverage company, today announced that it will release third quarter earnings, before North American markets open, on the morning of Monday, January 14, 2008.
Canopy Financial, Inc.
Canopy Financial Completes $15 Million Capital Raise
SAN FRANCISCO and CHICAGO, Jan. 10, 2008 (PRIME NEWSWIRE) -- Canopy Financial, a leading provider of innovative technology solutions that connect healthcare and financial services, today announced it has completed a minority capital venture funding round of approximately 15 million dollars. Led by Granite Global Ventures, the new funding round will support product development and marketing of Canopy's leading edge healthcare banking technologies for the rapidly growing Health Savings Account (HSA) and Consumer-Driven Healthcare (CDH) market.
ALCO Stores, Inc.
Duckwall-ALCO Stores Reports December Sales Increase of 7.4 Percent
ABILENE, Kan., Jan. 10, 2008 (PRIME NEWSWIRE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the five weeks ended December 30, 2007 (fiscal month December 2008) increased approximately 7.4% to $71.3 million compared to $66.4 million in the prior-year month. Same-store sales decreased 0.5%, without fuel sales same-store sales decreased 1.2%.
The Savannah Bancorp, Inc.
Savannah Bancorp Announces Higher Fourth Quarter Provision for Loan Losses
SAVANNAH, Ga., Jan. 10, 2008 (PRIME NEWSWIRE) -- The Savannah Bancorp, Inc. (Nasdaq:SAVB) reported that fourth quarter pretax earnings will include an additional provision for loan losses of $2.6 million and a reversal of approximately $330,000 of accrued interest for loans placed on nonaccrual status. The two charges to earnings will reduce fourth quarter after-tax earnings by $1.8 million, or $0.30 per share. Management expects to report positive earnings for the fourth quarter in addition to the previously reported net income of $7.3 million for the first nine months. The Company has total assets of $932 million, total loans of $758 million and total equity of $76 million at December 31, 2007.