latest news releases from the newsroom
Innovative Designs, Inc.
Innovative Designs Defies Economic Slowdown
PITTSBURGH, Jan. 20, 2009 (GLOBE NEWSWIRE) -- Innovative Designs, Inc. (OTCBB:IVDN) sales-to-date for the first quarter (November 1, 2008 - January 31, 2009) show significant increases in comp sales over the same period last year. The month of November showed an increase of over 400%. The trend continued into December with sales almost doubling compared to December of 2007. Sales so far for the month of January, 2009 are already doubled compared to all of January, 2008. Just two and a half months into fiscal year 2009, YTD sales have surpassed total sales for 2008.
BlueLinx Announces Preliminary Fourth-Quarter Results
ATLANTA, Jan. 20, 2009 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, expects to report a fourth-quarter net loss in the range of $0.76 to $0.84 per fully diluted share and revenue of approximately $500 million. Gross profit margin for the quarter is expected to be approximately 9.2% compared with 8.5% for the same period a year ago, when the Company reported a net loss of $1.10 per fully diluted share on revenue of $779 million.
Orion Energy Systems, Inc.
Orion Energy Systems Sets Conference Call and Webcast for Third Quarter Fiscal 2009 Financial Results
MANITOWOC, Wis., Jan. 20, 2009 (GLOBE NEWSWIRE) -- Orion Energy Systems Inc. (Nasdaq:OESX), a leading energy management company, announced today that it will hold its quarterly results conference call for investors and analysts on Tuesday, February 3 at 4:30 p.m. Central. Orion's Chief Executive Officer, Neal Verfuerth, Chief Financial Officer, Scott Jensen, and Chief Operating Officer, Erik Birkerts, will host the conference call.