latest news releases from the newsroom
Holzer Holzer & Fistel, LLC
Holzer Holzer & Fistel, LLC Announces Investigation Into Hardinge Inc.
ATLANTA, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating possible violations of federal securities laws by Hardinge Inc. ("Hardinge" or the "Company") (Nasdaq:HDNG). The investigation focuses on whether Hardinge issued false and misleading public statements concerning the Company's financial condition by failing to disclose that the Company was experiencing slowing sales due to outdated machinery and by failing to timely record an impairment in the value of its inventory.
Adept Technology, Inc.
Adept Technology, Inc. Announces $2.5 Million Stock Repurchase Program
LIVERMORE, Calif., Sept. 3, 2008 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent vision-guided robotics and global robotics services, today announced a stock repurchase program under which the Company plans to repurchase up to $2.5 million of Adept outstanding common stock.
Adept Technology, Inc.
Adept Technology Names Current President, John Dulchinos, to be Chief Executive Officer; Robert Bucher, the Company's Current CEO, Named Chairman of the Board of Directors
LIVERMORE, Calif., Sept. 3, 2008 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent automation software for motion and vision-guided robotics systems and services, today announced that John Dulchinos has been named chief executive officer to succeed Robert Bucher, who has been named executive chairman of the board of directors. Mr. Dulchinos remains president of Adept and has also been elected to serve as a member of the company's board. Michael Kelly, Adept's current chairman of the board, will continue to serve on the Board in the position of lead independent director.
STEC to Present At the Deutsche Bank Securities 2008 Technology Conference
SANTA ANA, Calif., Sept. 3, 2008 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) announced today that its Management Team will present at the Deutsche Bank Securities 2008 Technology Conference on Thursday, September 11 at 9:10 a.m., PT. The Conference is being held at The Palace Hotel in San Francisco.
Hot Topic, Inc.
Hot Topic, Inc. Reports August Comp Store Sales Down 2.7 Percent
CITY of INDUSTRY, Calif., Sept. 3, 2008 (GLOBE NEWSWIRE) -- Hot Topic, Inc. (Nasdaq:HOTT) today announced the sales results for its fiscal month of August (four weeks ended August 30, 2008). A summary of the sales results by division (including internet) is as follows:
Rosetta Resources Inc.
Rosetta Resources Provides Litigation Update
HOUSTON, Sept. 3, 2008 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. ("Rosetta") (Nasdaq:ROSE), an independent oil and gas company, today provided an update of recent developments with respect to its litigation with Calpine.
Lantronix, Inc. Secures Revolving Credit Facility and Term Loan
IRVINE, Calif., Sept. 3, 2008 (GLOBE NEWSWIRE) -- Lantronix, Inc. (Nasdaq:LTRX) ("the Company"), a leader in device networking and data center management technologies, today announced that the Company entered into an amendment to its Loan and Security Agreement (the "Loan Agreement") with Silicon Valley Bank, which provides for a three-year $2 million Term Loan and a two-year $3 million Revolving Credit Facility.