latest news releases from the newsroom
MetroCorp Bancshares Inc.
MetroCorp Bancshares, Inc. Announces Record Net Income of $3.5 Million, or $0.32 Per Diluted Share, in Third Quarter 2006
HOUSTON, Oct. 26, 2006 (PRIMEZONE) -- MetroCorp Bancshares, Inc. (Nasdaq:MCBI), a Texas corporation which provides community banking services through its subsidiaries, MetroBank, N.A., serving Houston and Dallas, Texas, and Metro United Bank ("Metro United"), serving San Diego and Los Angeles, California, today announced net income of $3.5 million for the third quarter of 2006, up approximately $710,000 or 25.0% compared with the same quarter in 2005. Diluted earnings per share for the third quarter 2006 were $0.32 compared with $0.26 for the same quarter in 2005. On September 1, 2006, MetroCorp completed a three-for-two stock split effected in the form of a 50% stock dividend. All prior period share and per share data (other than share data on the balance sheet) have been adjusted to reflect this stock split.
Emulex CEO Outlines Key Focus Areas for Growth
COSTA MESA, Calif., Oct. 26, 2006 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX) today unveiled key focus areas for the Company to take advantage of its $2.7 billion market opportunity. Building on the recent close of its Sierra Logic acquisition, which marked the latest in a series of acquisitions and product line expansions, Emulex's growth and diversification strategy will be driven through three market focused product lines - Host Server Products, Embedded Storage Products and Intelligent Networking Products.
Central Jersey Bancorp
Central Jersey Bancorp Reports Earnings for the Nine Months and Three Months Ended September 30, 2006
LONG BRANCH, N.J., Oct. 26, 2006 (PRIMEZONE) -- Central Jersey Bancorp (Nasdaq:CJBK), the parent company of Central Jersey Bank, N.A., reported net income of $1.84 million for the nine months ended September 30, 2006, as compared to $1.87 million for the same period in 2005. Basic and diluted earnings per share were $0.22 and $0.21, respectively, for the nine months ended September 30, 2006, as compared to $0.23 and $0.21, respectively, for the same prior year period.
CustomScoop Appoints Founder as CEO
CONCORD, N.H., Oct. 26, 2006 (PRIMEZONE) -- CustomScoop, a leader in customizable media monitoring technology and services, today announced that its original founder, Chip Griffin, has assumed the position of Chief Executive Officer.
Connecticut Water Service, Inc.
Connecticut Water Company and Regional Water Authority Water Supply Agreement Approved by Public Utility Commission
CLINTON, Conn., Oct. 26, 2006 (PRIMEZONE) -- Connecticut Water Service, Inc. (Nasdaq:CTWS) announced today that its regulated public water utility subsidiary, The Connecticut Water Company, has received approval from the Connecticut Department of Public Utility Control (DPUC) to purchase up to one million gallons of treated drinking water per day from the South Central Connecticut Regional Water Authority (RWA) in New Haven. Under the terms of the 50-year agreement, Connecticut Water is not required to purchase a minimum amount of water and will pay RWA's prevailing wholesale rate for any water purchased, and the agreement may be renewed for 20-year periods after the initial 50-year term. The agreement is subject to additional permit approvals from the Department of Environmental Protection (DEP) and the Department of Public Health (DPH).