latest news releases from the newsroom
Autobytel Amends Stockholder Rights Plan
IRVINE, Calif., April 24, 2009 -- Autobytel Inc. (Nasdaq:ABTL), a leading automotive marketing services company, today announced that its Board of Directors has amended and restated its existing stockholder rights plan to adjust the plan to reflect changes both in market practices relating to stockholder rights plans and in the stock price for the Companys common stock since the adoption of the stockholder rights plan. Among other changes, the amended plan decreases the exercise price of the preferred share purchase rights to $1.40 from $65.00. The reduced exercise price will allow all rightsholders, other than a hostile acquiror, to buy $2.80 worth of the Companys common stock for $1.40 upon certain triggering events described in the stockholder rights plan. In addition, the exchange provision has been amended to give the Board of Directors the option after a person becomes an acquiring person under the stockholder rights plan to exchange at any time each right held by stockholders other than the acquiring person for one share of common stock. In effecting an exchange, the amended plan will also allow Autobytel to enter into a trust agreement in order to facilitate an orderly exchange of the rights for common stock.
Vertafore Carrier & MGA Markets
Frederick Mutual Insurance Company Selects Vertafore's PremiumBill
BOTHELL, Wash., April 24, 2009 (GLOBE NEWSWIRE) -- Vertafore, a provider of market-leading software and services for the insurance industry, is pleased to announce Frederick Mutual Insurance Company (FMIC) has selected PremiumBill to handle the company's growing billing needs. FMIC is partnering with Vertafore on this strategic initiative to migrate from Phoenix billing to PremiumBill for all lines of insurance.
NASDAQ Announces Mid-Month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date April 15, 2009
NEW YORK, April 24, 2009 (GLOBE NEWSWIRE) -- At the end of the settlement date of April 15, 2009, short interest in 2,521 NASDAQ Global Market(sm) securities totaled 6,608,646,412 shares compared with 6,950,034,522 shares in 2,528 Global Market issues reported for the prior settlement date of March 31, 2009. The mid-April short interest represents 3.09 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.02 days for the prior reporting period.
Alliance Bancorp, Inc. of Pennsylvania
Alliance Bancorp, Inc. of Pennsylvania Reports First Quarter Results and Regular Quarterly Cash Dividend
BROOMALL, Pa., April 24, 2009 (GLOBE NEWSWIRE) -- Alliance Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:ALLB) announced today results for the quarter ended March 31, 2009. The Company also announced that its Board of Directors has declared a regular quarterly cash dividend on the common stock of the Company of $.03 per share, payable on May 22, 2009 to shareholders of record at the close of business on May 8, 2009.
Home Federal Bancorp, Inc.
Home Federal Bancorp, Inc. Announces Second Quarter Earnings
NAMPA, Idaho, April 24, 2009 (GLOBE NEWSWIRE) -- Home Federal Bancorp, Inc. (the "Company") (Nasdaq:HOME), the parent company of Home Federal Bank (the "Bank"), today announced second quarter results for the fiscal year ending September 30, 2009. For the quarter ended March 31, 2009, the Company reported net income of $476,000, or $0.03 per diluted share compared to $945,000, or $0.06 per diluted share, for the same period a year ago. For the six months ended March 31, 2009, a $4.6 million provision for loan losses ($3.6 million of which was taken in the quarter ended December 31, 2008), contributed to a net loss of ($325,000), or ($0.02) per diluted share, compared to net income of $1.9 million, or $0.12 per diluted share, for the same period last year. For the six months ended March 31, 2009, pre-tax, pre-provision earnings(1) increased 7% to $3.9 million from $3.6 million for the same period of the prior year.
Dow Jones Indexes
Component Changes Made to Dow Jones STOXX Select Dividend Indexes
ZURICH, Switzerland, April 24, 2009 (GLOBE NEWSWIRE) -- STOXX Ltd., the leading provider of European equity indexes, today announced changes in the Dow Jones EURO STOXX Select Dividend 30 and in the Dow Jones STOXX EU Enlarged Select Dividend 15 indexes.
D&E Communications, Inc. First Quarter 2009 Earnings Release and Conference Call
EPHRATA, Pa., April 24, 2009 (GLOBE NEWSWIRE) -- D&E Communications, Inc. (Nasdaq:DECC) a leading provider of integrated communications services in central and eastern Pennsylvania, today announced that it will distribute its first quarter 2009 earnings news release on Thursday, May 7, 2009, after the market close. The Company will host its quarterly conference call on Friday, May 8, 2009, at 11 a.m. Eastern Time. James W. Morozzi, President and Chief Executive Officer, will host the call. He will be joined by Thomas E. Morell, Sr. Vice President and Chief Financial Officer of the Company.
Federal Home Loan Bank of Cincinnati
FHLBank Cincinnati Announces First Quarter 2009 Results
CINCINNATI, April 24, 2009 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Cincinnati (FHLBank) today released unaudited financial results for the first quarter ended March 31, 2009. We believe our financial condition remained strong even in the face of the extraordinary events affecting the entire economy, including the credit, banking and mortgage markets. The FHLBank continued to have limited credit risk exposure from offering Advances, purchasing mortgage loans, making investments, and executing derivative transactions. We continue to fulfill our role as an important provider of reliable and attractively priced wholesale funding to members. Highlights include:
Ingles Markets, Incorporated Second Quarter Conference Call On the Internet
ASHEVILLE, N.C., April 24, 2009 (GLOBE NEWSWIRE) -- Ingles Markets, Incorporated (Nasdaq:IMKTA) will provide an online, real-time webcast and rebroadcast of its second quarter earnings conference call on April 28, 2009. Ingles plans to release earnings for its second quarter ended March 28, 2009, on April 27, 2009.
Coleman Cable, Inc.
Coleman Cable, Inc. Announces Date for First-Quarter 2009 Financial Results Press Release and Conference Call Webcast
WAUKEGAN, Ill., April 24, 2009 (GLOBE NEWSWIRE) -- Coleman Cable, Inc. (Nasdaq:CCIX), a leading manufacturer and innovator of electrical and electronic wire and cable products, announced plans to release first-quarter 2009 financial results on Friday, May 8, 2009, after the market closes.