latest news releases from the newsroom
Finkelstein Thompson LLP
Finkelstein Thompson LLP Investigates Harris Stratex Restatement
WASHINGTON, Aug. 1, 2008 (PRIME NEWSWIRE) -- Harris Stratex Networks, Inc. (Nasdaq:HSTX) (the "Company") announced it had discovered accounting errors which would require it to restate earnings over four fiscal years -- that is, for fiscal 2008, 2007, 2006, and 2005. The Company also stated higher costs would lead it to miss its previously stated earnings target for fiscal 2008. Harris Stratex's share price dropped on this news, losing as much as 35% of its value after the restatement was announced.
Brooks Automation, Inc.
Brooks Automation Announces Third Quarter Earnings Release Date and Conference Call Webcast
CHELMSFORD, Mass., Aug. 1, 2008 (PRIME NEWSWIRE) -- Brooks Automation, Inc. (Nasdaq:BRKS) will announce financial results for the third quarter of fiscal 2008 ended on June 30, 2008 on Thursday, August 7, 2008 after the market closes at approximately 4:00 p.m. ET. Company management will host a live webcast of its earnings conference call on the same day, Thursday, August 7th at 4:30 p.m. ET in a listen only mode. During the webcast Brooks management will discuss quarterly results and business highlights.
Maiden Holdings, Ltd.
Maiden Holdings, Ltd. Announces Quarterly Dividend
HAMILTON, Bermuda, Aug. 1, 2008 (PRIME NEWSWIRE) -- Maiden Holdings, Ltd. (NASDAQ: MHLD) today announced that its Board of Directors approved a quarterly cash dividend of $0.05 per share of common stock. The dividend is payable on October 13, 2008 to shareholders of record as of October 2, 2008.
Law Offices of Eric J. O'Bell, L.L.C.
Law Offices of Eric J. O'Bell, LLC Announce Initiation of Investigation Into GT Solar International, Inc. for Possible Securities Act Violations
METAIRIE, La., Aug. 1, 2008 (PRIME NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that it is commencing an investigation into GT Solar International, Inc. ("GT Solar" or the "Company") (Nasdaq:SOLR) to determine whether it has violated federal securities laws by issuing materially false and misleading statements to shareholders in regard to its July 24, 2008 public stock offering. On July 25, 2008, GT Solar announced that one of its clients, LDK Solar Co., had decided to buy multi-and monocrystalline furnaces from China-based rival JYT Corp. Following the announcement of the adverse news, shares of GT Solar fell as low as $9.30, closing yesterday at $12.26 a share.