latest news releases from the newsroom
The First of Long Island Corporation
The First National Bank of Long Island Opens Their 26th Branch in Northport Village, New York
GLEN HEAD, N.Y, March 14, 2008 (PRIME NEWSWIRE) -- On Tuesday, March 11, 2008, a ribbon-cutting ceremony and a cocktail reception were held at The First National Bank of Long Island to celebrate the grand opening of their 26th branch in Northport Village. The new full-service office officially opened on December 27, 2007 and is conveniently located in the heart of Northport Village at 105 Main Street. It is the Bank's second location in Northport, their first office is located at 711 Fort Salonga Road.
The First of Long Island Corporation
The First National Bank of Long Island Continues to Grow Strong With the Opening of Their 27th Branch in Babylon, New York
GLEN HEAD, N.Y., March 14, 2008 (PRIME NEWSWIRE) -- The First National Bank of Long Island (Nasdaq:FLIC) is proud to announce the opening of their 27th branch location in Babylon, New York. Conveniently located in the heart of the Village of Babylon, this new full-service location offers personal and business banking in a friendly, professional atmosphere. The branch is conveniently located at 42 Deer Park Avenue and features a 24-hour ATM plus a working stone fireplace.
Federman & Sherwood
Investor Alert: Federman & Sherwood Urges Investors Who Have Lost More Than $100,000 in Superior Offshore International Inc. to Inquire About Lead Plaintiff Status in Securities Class Action Lawsuit -- DEEP
OKLAHOMA CITY, March 14, 2008 (PRIME NEWSWIRE) -- Federman & Sherwood, who filed the first securities class action in Texas against Superior Offshore International, Inc. and certain of its current officers and directors, urges investors who have lost more than $100,000 to inquire about applying for the lead plaintiff position in the case. No class has yet been certified in this action. The Complaints allege violations of Section 11 and Section 15 of the Securities Act of 1933, including allegations of material misrepresentations and omissions in Superior's IPO prospectus and later to the market. The class period begins with the IPO on April 20, 2007, through the present.
Double Eagle Holdings, Inc.
Double Eagle Increases Investment in EffTec International, Inc.
CHARLOTTE, N.C., March 14, 2008 (PRIME NEWSWIRE) -- Double Eagle Holdings, Inc. (OTCBB:DEGH), announces today that it has invested an additional $50,000 in EffTec International, Inc. (EFFTEC) through a convertible debt offering to provide EffTec with marketing capital to promote sales of its product.
J. Thompson & Associates and Zimmerman Reed File Class Action Suit Against Gunn Allen
MINNEAPOLIS, March 14, 2008 (PRIME NEWSWIRE) -- J. Thompson & Associates and Zimmerman Reed, PLLP announced today that a class action has been commenced in the United States District Court for the Eastern District of Michigan on behalf of a Class consisting of all persons who purchased unregistered securities from Edward P. May, Frank J. Bluestein, The Maximum Financial Group, Inc., Questar Capital Corporation or GunnAllen Financial, Inc. (collectively, "Defendants") or otherwise acquired the common stock between January 1, 2000 and March 4, 2008 (the "Class Period"), against Defendants and certain of its officers and/or directors for violations of the Securities Exchange Act of 1934 and the Securities Exchange Act of 1933.
Consolidated Mercantile Incorporated
Consolidated Mercantile Incorporated Reports Year-End Financial Results
TORONTO, March 14, 2008 (PRIME NEWSWIRE) -- Consolidated Mercantile Incorporated (TSX:CMC) (Nasdaq:CSLMF) previously reported that in December 2007, the Company completed the sale of its subsidiary, Distinctive Designs Furniture Inc. ("Distinctive"), and its equity investee, Polyair Inter Pack Inc. ("Polyair"). As a result, the operating results of Distinctive have been classified by the Company as discontinued operations.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions Reaches Agreement in Principle to Settle the 2004 and 2007 Shareholder Class Action Lawsuits; 2007 10-K Filing Delayed to Incorporate Settlement Into Financial Statements
SAN DIEGO, March 14, 2008 (PRIME NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense and security solutions provider, today announced it has reached agreements in principle to settle civil litigation relating to two shareholder class action lawsuits filed against the Company in 2004 and 2007. As a result, Kratos will delay the filing of its fourth quarter and fiscal year 2007 financials on Form 10-K so that the Company can have adequate time to incorporate these recent developments into its financial statements. Kratos expects to file its financials on Form 10-K for the fourth quarter and fiscal year 2007 on or before March 28, 2008, within the timeline as prescribed under Rule 12b-25 of the Securities and Exchange Commission (SEC). The Company's financial earnings conference call, originally scheduled for March 17, 2008, will be rescheduled to occur within the next two weeks.
First Cash Financial Services, Inc.
First Cash Increases Share Buyback Authorization
ARLINGTON, Texas, March 14, 2008 (PRIME NEWSWIRE) -- First Cash Financial Services, Inc. (Nasdaq:FCFS) today announced that it has increased the size of its current share repurchase plan. Under the newly amended plan, as authorized by the Board of Directors, the Company may now repurchase up to 3,000,000 shares of its common stock. The Board had initially authorized the repurchase of up to 1,000,000 shares in November 2007.