latest news releases from the newsroom
AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc. Reports Fourth Quarter Operating Earnings of $32.3 Million and Net Income of $25.0 Million
NEW YORK, Feb. 18, 2009 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) today reported operating earnings of $32.3 million for the fourth quarter of 2008. Operating earnings is a non-GAAP financial measure defined by the Company as net income, excluding realized investment gains and losses, net of tax. Gross written premium for the fourth quarter of 2008 was $293.6 million and net income was $25.0 million. For the year ended December 31, 2008, the Company reported gross written premium of $1.1 billion, operating earnings of $124.9 million and net income of $82.9 million.
Meade Instruments Corporation
Meade Instruments Announces Noncompliance With NASDAQ's Audit Committee Composition Requirements
IRVINE, Calif., Feb. 18, 2009 (GLOBE NEWSWIRE) -- Meade Instruments Corp. (Nasdaq:MEAD), a leading designer and manufacturer of telescopes and other optical products, today announced that on February 11, 2009, the Company notified NASDAQ that, as a result of the resignations of Harry Casari and James Chadwick from the Company's board of directors and its audit committee, the audit committee is not comprised of at least three independent directors as required by NASDAQ Marketplace Rule 4350(d)(2)(A). Timothy McQuay, an existing director, was appointed to fill one of the vacancies on the Audit Committee.
A.T. Cross Company Announces Date and Conference Call for Fourth Quarter and Full Year 2008 Earnings Results
LINCOLN, R.I., Feb. 18, 2009 (GLOBE NEWSWIRE) -- A.T. Cross Company (Nasdaq:ATX) today announced that it will release its fourth quarter and full year 2008 earnings results on Wednesday, February 25, 2009, after the market closes. This will be followed by the hosting of a conference call at 4:30 pm Eastern Time to review results, which will include comments from David G. Whalen, President and Chief Executive Officer, and Kevin F. Mahoney, Vice President, Finance and Chief Financial Officer, followed by a question and answer session.