latest news releases from the newsroom
James A. Dunlap Jr. & Associates LLC
The Law Firm of James A. Dunlap Jr. & Associates LLC Announced That it is Investigating Potential Claims Against Stanford Financial Group Co. Related to Its Certificate of Deposit Program
ATLANTA, Feb. 16, 2009 (GLOBE NEWSWIRE) -- The Law Firm of James A. Dunlap Jr. & Associates LLC (http://www.jamesdunlaplaw.com) announced that it is investigating potential investor claims against Stanford Financial Group Co. related to its Certificate of Deposit program. On February 14, 2009, the Wall Street Journal reported that the Stanford Financial Group Co has advised clients that they cannot redeem their Certificates of Deposit for two months. The newspaper also reported that a federal investigation into Stanford Financial Group Co.'s operations is intensifying, with the FBI looking into the financial group in the U.S. and regulators in Antigua scheduled to visit its bank there. The Securities and Exchange Commission, the Financial Industry Regulatory Authority and Florida regulators entered the financial group's branches in January and collected records, according to a person familiar with the investigation. Another person familiar with the investigation said the SEC has been looking at the certificate-of-deposit business since at least 2007.
Aventine Renewable Energy Holdings, Inc.
Aventine CFO Resigns
PEKIN, Ill., Feb. 16, 2009 (GLOBE NEWSWIRE) -- Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), today announced that it's Chief Financial Officer, Ajay Sabherwal, has resigned, with regrets, to pursue another opportunity.
BlueLinx Announces New Engineered Lumber Agreement With Georgia-Pacific
ATLANTA, Feb. 16, 2009 (GLOBE NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, today announced it has signed a three-year agreement to be the exclusive two-step distributor of Georgia-Pacific's GP LAM(r) laminated veneer lumber; Wood I Beam(tm) joists, including its new XJ 85(r) Wood I Beam(tm); and FiberStrong(r) rim board engineered lumber in the United States and Canada. The products are all designed to help ensure a stronger floor system and structural integrity.
Maxim Integrated Products, Inc.
Maxim Launches EE-Sim Online Simulation Tool
SUNNYVALE, Calif. and PORTLAND, Ore., Feb. 16, 2009 (GLOBE NEWSWIRE) -- Maxim Integrated Products, Inc. (Nasdaq:MXIM) ("Maxim") and Transim Technology Corporation ("Transim") today announced the launch of Maxim's EE-Sim Design Center, powered by Transim's industry-leading WebSIM(r) online design technology. A virtual design environment, EE-Sim allows engineers to create and simulate complex circuits online in a matter of mere minutes, greatly reducing design time.
Dow Jones Indexes
STOXX Ltd. to Adopt Fast Exit Rule for Major Blue-Chip Indexes
ZURICH, Switzerland, Feb. 16, 2009 (GLOBE NEWSWIRE) -- STOXX Ltd., the leading provider of European equity indexes, today announced the adoption of a fast exit rule for the blue-chip indexes Dow Jones EURO STOXX 50, Dow Jones STOXX 50 and Dow Jones STOXX Nordic 30.
Port of Houston Authority
PHA Commission Considers $33.8 Million for Bayport Cranes
HOUSTON, Feb. 16, 2009 (GLOBE NEWSWIRE) -- The Port Commission of The Port of Houston Authority (PHA) will consider $33.8 million for electric cranes at Bayport Container Terminal as well as a request for qualifications for professional services for the design of Amenities Building no. 2 at Bayport, potentially to be constructed using Intermodal Steel Building Units, on Wednesday, Feb. 18, beginning at 9 a.m. in the board room of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
Retalix Receives Non-binding Merger Proposal
RA'ANANA, Israel, Feb. 16, 2009 (GLOBE NEWSWIRE) -- Retalix(r) Ltd. (Nasdaq:RTLX) announced today that, although the Company has not been for sale, the Board of Directors received on February 14, 2009, a non-binding proposal to purchase all the outstanding shares of the Company in a merger transaction for a price of $8.00 per share in cash. The Board of Directors is evaluating the offer.