latest news releases from the newsroom
icloud Named a Winner of the Red Herring 100 Global Award
LINKOPING, Sweden, Jan. 22, 2009 (GLOBE NEWSWIRE) -- icloud, the Swedish Internet service that in 2009 will give everybody in the world that does not have a computer its own "free computer online," today announced that it has been chosen a winner of the prestigious Red Herring 100 Global Award.
Tower Financial Corporation
Tower Financial Corporation Reports Fourth Quarter Earnings Up 46.3% From Third Quarter
FORT WAYNE, Ind., Jan. 22, 2009 (GLOBE NEWSWIRE) -- Tower Financial Corporation (Nasdaq:TOFC) reported fourth quarter 2008 earnings of $483,000, or $0.12 per diluted share, compared with a net loss of $784,000, or $0.19 per share, reported for the fourth quarter 2007. For the year ended December 31, 2008 Tower reported net income of $1.9 million, or $0.46 per diluted share, compared to a net loss of $2.6 million, or $0.64 per share for the year ended December 31, 2007, an improvement of $4.5 million.