latest news releases from the newsroom
Dow Jones Indexes
Component Changes Made to Dow Jones China Indexes
NEW YORK, June 12, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced the results of a regular index review of the Dow Jones China Index Series. Component changes in the Dow Jones China Broad Market, Dow Jones Shanghai, Dow Jones Shenzhen, Dow Jones CBN China 600, and Dow Jones CBN China 600 Sector Blue-Chip indexes will be effective after the close of trading on June 19, 2009.
Continental Prison Systems, dba EZ Card & Kiosk
Continental Prison Systems, Inc. (CPSI) Awarded a Request for Proposal (RFP) from Clark County, Nevada (the Nation's 15th-Largest County) for Its EZ Card and Kiosk Solutions
FRESNO, Calif., June 12, 2009 (GLOBE NEWSWIRE) -- Continental Prison Systems, Inc. (Pink Sheets:CPSZ), announced today that its EZ Card and Kiosk system solutions for detention facilities has been awarded a "Request for Proposal (RFP)" from Clark County Jail Facility, Nevada. The RFP, announced recently at the Clark County Commissioner's meeting, calls for EZ Card and Kiosk and the County to enter into contract negotiations over the next 30 days.
eFUEL EFN, Corp.
Updated Announcement -- eFUEL EFN, Corp. Announces New Trading Symbol of EFLN and Effective 40 to 1 Reverse Only of the Company's Common Shares
TAMPA, Fla., June 12, 2009 (GLOBE NEWSWIRE) -- eFUEL EFN, Corp. (Pink Sheets:EFLN) (formerly EFUL) announces today that NASD has approved and executed the reverse division of its outstanding common shares in a 40 to 1 ratio. As a result of the reverse division, the Company's new trading symbol is EFLN effective today. The reverse division was authorized and executed by the Company in order to reflect the value of its current operations, new revenue streams, success of new platforms, and to build a shareholder value which will be reflective of the true value of all of the eFUEL family of products. The new stock value will serve as a basis to bring shareholder value and will allow the Company to expand its market place and value.
Northstar Neuroscience, Inc.
Northstar Neuroscience, Inc. Announces Plan for NASDAQ Delisting and Filing of Articles of Dissolution
SEATTLE, June 12, 2009 (GLOBE NEWSWIRE) -- Northstar Neuroscience, Inc. (Nasdaq:NSTR) announced today that is has provided written notice to The NASDAQ Stock Market, Inc. ("NASDAQ") of its intention to voluntarily delist its common stock from the NASDAQ Global Market. On June 22, 2009, Northstar will file with the Securities and Exchange Commission and NASDAQ a Form 25 relating to the delisting of Northstar's common stock. Northstar expects that trading in its common stock will be permanently suspended by NASDAQ effective at the open of trading on June 22, 2009, with official delisting of the common stock effective 10 days thereafter, on July 2, 2009, at which time Northstar's transfer agent will close the stock transfer records and discontinue recording transfers of the common stock.
Levi & Korsinsky, LLP
Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty by the Board of Central Jersey Bancorp
NEW YORK, June 12, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky ("L&K") is investigating the Board of Directors of Central Jersey Bancorp ("Central Jersey" or the "Company") (Nasdaq:CJBK) for breaches of fiduciary duty and other violations of state law arising out of their agreeing to sell the Company to OceanFirst Financial Corp. ("OceanFirst") (Nasdaq:OCFC). Under the merger agreement, Central Jersey shareholders will receive 0.5 shares of OceanFirst stock for each share of OceanFirst they own. Based on the May 26, 2009 closing price of OceanFirst stock at $14.23 per share, the transaction values Central Jersey shares at $7.12 for a total deal value of approximately $68.4 million. The price is unfair given that Central Jersey shares traded at $7.50 per share as recently as February 10, 2009 and the 60-day average of OceanFirst shares is only $11.91 per share. Also, since the transaction was announced, the price of OceanFirst shares have dropped to as low as $11.75 per share.
Village Super Market, Inc.
Village Super Market, Inc. Announces Appointment of New Directors
SPRINGFIELD, N.J., June 12, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) is pleased to announce the election of Peter R. Lavoy, Stephen F. Rooney, Nicholas Sumas, John J. Sumas and Kevin Begley to the Company's Board of Directors.
Village Super Market, Inc.
Village Super Market, Inc. Declares 7.5% Dividend Increase
SPRINGFIELD, N.J., June 12, 2009 (GLOBE NEWSWIRE) -- The Board of Directors of Village Super Market, Inc. (Nasdaq:VLGEA) declared a 7.5% increase in the quarterly cash dividend. The increased quarterly cash dividends are $.215 per Class A common share and $.14 per Class B common share. The dividends will be payable on July 23, 2009 to shareholders of record at the close of business on July 2, 2009.
IPC Holdings, Limited
IPC Comments On Annual General Meeting Results
HAMILTON, Bermuda, June 12, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (Nasdaq:IPCR) (BSX:IPCR BH) today announced that preliminary results from the Company's annual general meeting of shareholders show that the majority of shareholder votes were cast against the proposals relating to the proposed amalgamation with Max Capital Group Ltd. (Nasdaq:MXGL) (BSX:MXGL BH).