latest news releases from the newsroom
SBA Communications Corporation
SBA Communications Corporation to Offer $350 Million of Convertible Senior Notes
BOCA RATON, Fla., April 20, 2009 (GLOBE NEWSWIRE) -- SBA Communications Corporation (Nasdaq:SBAC) today announced that it intends to offer $350 million of convertible senior notes due October 2014. SBA also expects to grant the initial purchasers an option to purchase up to $50 million of additional notes to cover over-allotments. The notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
On Track Innovations Ltd.
OTI and Gilbarco Veeder-Root Provide Integrated Contactless Payment Infrastructure for Woolworths "ePump" Program
FORT LEE, N.J., April 20, 2009 (GLOBE NEWSWIRE) -- On Track Innovations Ltd. (OTI) (Nasdaq:OTIV), a global leader in contactless microprocessor-based smart card solutions for homeland security, payments, petroleum payments and other applications, today announced that its contactless reader was selected by Australia's largest retailer, Woolworths, to support its "ePump" initiative for payment at the gas station. OTI delivers contactless reader solutions as well as personalization services that have been integrated into the FlexPay Control System for Fuel Dispensers supplied by Gilbarco Veeder-Root, leading suppliers of outdoor payment systems, integrated fuel control, site management, and support services for petroleum marketers and commercial fueling enterprises worldwide.
ARTISTdirect Files Year-End 2008 Financial Results
LOS ANGELES, April 20, 2009 (GLOBE NEWSWIRE) -- ARTISTdirect, Inc. (OTCBB:ARTD), a digital media technology company, today announced the availability of year-end 2008 financial results and the filing of its Form 10-K on April 15, 2009.
Momenta Pharmaceuticals Presents Preclinical Data for Novel Oncology Compound M402 at AACR Meeting
CAMBRIDGE, Mass., April 20, 2009 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq:MNTA), a biotechnology company specializing in the characterization and engineering of complex mixture drugs, today announced results from a preclinical study of its novel oncology drug candidate, M402. The data showed that M402 in combination with chemotherapeutic agents inhibited spontaneous tumor metastasis in a murine metastatic breast carcinoma model. The results were presented in a poster session titled "M-ONC 402 - A Non-Anticoagulant Low Molecular Weight Heparin Inhibits Tumor Metastasis" (abstract #281) on Sunday, April 19, 2009 at the 100th Annual Meeting of the American Association for Cancer Research (AACR), in Denver, Colorado.
Heritage Oaks Bancorp
Heritage Oaks Bancorp Earns $1.1 Million, or $0.14 Per Share in First Quarter; Demand Deposits Increase 11.7% and Capital Increases 30.8%
PASO ROBLES, Calif., April 20, 2009 (GLOBE NEWSWIRE) -- Heritage Oaks Bancorp (Nasdaq:HEOP) (the "Company"), the parent company of Heritage Oaks Bank (the "Bank"), today reported that it had net income of $1.1 million, or $0.14 per diluted common share, for the first quarter of 2009, compared to $1.7 million, or $0.21 per diluted share, in the first quarter a year ago. First quarter results include a $2.1 million provision for loan losses compared to $240 thousand for the same quarter last year.