latest news releases from the newsroom
Furniture Brands International
Furniture Brands International Unveils Strategic Plan to Investment Community
ST. LOUIS, Oct. 23, 2007 (PRIME NEWSWIRE) -- Furniture Brands International (NYSE:FBN) today hosted a meeting with the investment community to unveil the company's strategic plan. The presentation included comments from CEO-Designate and Vice Chairman Ralph P. Scozzafava and was attended by additional members of the Furniture Brands senior management team. The half-day presentation was webcast and can be viewed at the Investor Relations section of www.furniturebrands.com.
ER Urgent Care Centers
ER Urgent Care Centers Signs With Major Lab
MIAMI, Oct. 23, 2007 (PRIME NEWSWIRE) -- ER Urgent Care Centers (Pink Sheets:ERUC) (ERUC) has signed a major contract with CM Labs. This lab has developed programs to reduce the time involved in getting patients' results on blood tests. They have also made available to us a STAT program that provides immediate results while patients wait. "This new contract will increase our ability to reduce wait time as well as increasing the number of products we can now provide," said Jerry Miller. In addition to this new development we have just completed a Flu Shot program with the Westin Diplomat Hotel and Country Club in Hollywood, Florida. ERUC will be providing flu shots for the more than 1,600 employees. This will provide ERUC with tremendous exposure in the local market. Employees, Family and friends will now know the name ER Urgent Care.
Klondike Star Mineral Corp
Klondike Star Appoints Manager for Indian River Gold Project
SEATTLE, Oct. 23, 2007 (PRIME NEWSWIRE) -- Hans Boge, P.Eng., President, Klondike Star Mineral Corporation (OTCBB:KDSM), today announced the appointment of John Maissan, P. Eng. as mine development manager for the proposed Indian River Gold Project in the Klondike gold district, Yukon, Canada. The mine planning team includes a senior mining process engineer with a leading Canadian engineering firm as well as Yukon-specific expertise in placer mining.
Monroe Bancorp Reports Year-to-Date Net Income Growth of 7.5 Percent and 12.2 Percent Diluted Earnings Per Share Growth Through the Third Quarter of 2007
BLOOMINGTON, Ind., Oct. 23, 2007 (PRIME NEWSWIRE) -- Monroe Bancorp (the "Company") (Nasdaq:MROE), the independent Bloomington-based holding company for Monroe Bank (the "Bank"), today reported net income of $6,200,000 or $0.977 per diluted common share, for the nine months ended September 30, 2007, compared to $5,767,000 or $0.871 per diluted common share for the same period in 2006. This represents a 7.5 percent increase in net income and a 12.2 percent increase in diluted earnings per share. Return on average assets (ROAA) and return on average equity (ROAE) were 1.11 percent and 15.80 percent, respectively, for the first nine months of 2007 compared to 1.06 percent and 14.91 percent, respectively, for the first nine months of 2006.
Capital Southwest Corporation
Capital Southwest Announces Net Asset Value
DALLAS, Oct. 23, 2007 (PRIME NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) today reported net assets at September 30, 2007 of $437,546,529, equivalent to $112.50 per share after deducting an allowance of $43.66 per share for deferred taxes on net unrealized appreciation of investments. Comparative annual data is summarized below:
Manhattan Associates Reports Record 3rd Quarter Revenue and Earnings
ATLANTA, Oct. 23, 2007 (PRIME NEWSWIRE) -- Leading supply chain solutions provider Manhattan Associates, Inc. (Nasdaq:MANH), today reported record third quarter 2007 revenue and earnings and raised its Earnings Per Share (EPS) guidance for the year. Manhattan Associates' third quarter GAAP diluted earnings per share were $0.29, a 53% increase over the third quarter of 2006 on revenue of $84.6 million, a 17% increase. On a non-GAAP basis, adjusted diluted earnings per share were $0.34, a 26% increase over the third quarter of 2006.
TalkingStocks.com and SmallCapBull.com Announce Profile Coverage of Southridge
DALLAS, Oct. 23, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of TalkingStocks.com and SmallCapBull.com, announced today that the web sites are initiating Profile Coverage of Southridge Enterprises Inc. (OTCBB:SORD). Southridge Enterprises is a development stage renewable energy company. Through its subsidiary, Southridge Ethanol, Inc. is engaged in the production and sale of ethanol. The Company's strategy is to develop a bio-refinery and become the low cost ethanol producer of choice in the Southeast area of the United States. Southridge's production plant is strategically located at Sledge, Mississippi, which offers an abundant supply of corn and a superior transport infrastructure. The Company intends to employ the latest cellulosic ethanol manufacturing technology to produce ethanol, thereby increasing the energy efficiency of its fuel-grade ethanol. SORD intends to accelerate its start-up plans by re-structuring and renovating an existing industrial unit into a state-of-art ethanol producing unit, saving considerable time and capital.