latest news releases from the newsroom
Rising India, Inc.
Rising India Announces $10 Million Equity Commitment
OMAHA, Neb., May 26, 2009 (GLOBE NEWSWIRE) -- Rising India, Inc. (Pink Sheets:RSII) (the "Company"), a publicly-traded company, announced today the finalization of an agreement with Auctus Private Equity Fund LLC, a Massachusetts corporation, to provide a $10 million equity investment commitment. Arthur H. Taylor, CEO of Rising India, Inc. stated, "This commitment will provide the financial basis required to enhance and expand the existing animation support staff of our partners in Berlin, Germany and Chennai, India enabling us to more quickly deliver an attractive scope of services to our international customers."
Quanex Building Products Corporation
Quanex Building Products Corporation Webcast of Fiscal 2009 Second Quarter Results Conference Call
HOUSTON, May 26, 2009 (GLOBE NEWSWIRE) -- In conjunction with Quanex Building Products Corporation's (NYSE:NX) fiscal 2009 second quarter earnings announcement scheduled for release after market hours on May 28, 2009, you are invited to listen to the conference call with David Petratis, chairman and chief executive officer, that will be broadcast live over the internet.
PostRock Energy Corporation
Quest Announces Settlement Agreements
OKLAHOMA CITY, May 26, 2009 (GLOBE NEWSWIRE) -- As previously announced, Quest Resource Corporation (Nasdaq:QRCP) ("QRCP") and Quest Energy Partners, L.P. (Nasdaq:QELP) ("QELP") have jointly conducted an investigation into certain questionable transfers of funds totaling $10 million by QRCP and its affiliates to an entity controlled by Jerry Cash, the former Chief Executive Officer of QRCP and QELP. As part of the investigation, QRCP and QELP have filed lawsuits against Mr. Cash, the controlled-entity and the other owners of the controlled-entity seeking to recover the funds that were transferred. QRCP and QELP today announced that they have entered into settlement agreements with Mr. Cash, the controlled-entity and the other owners to settle this litigation.
ALLDATA(r) Signs National Account Agreement With Esurance(r)
ELK GROVE, Calif., May 26, 2009 (GLOBE NEWSWIRE) -- ALLDATA LLC has entered into a national account agreement with the automobile insurance company Esurance(r), the first such arrangement between ALLDATA and an auto insurer. Under this agreement, Esurance estimators will have access to vehicle manufacturers' repair information in ALLDATA Collision. Additionally, collision repair shops in the Esurance Direct Repair Program will receive special incentives to purchase an ALLDATA Collision subscription.