latest news releases from the newsroom
Fly Into the Astral World -- New Book Takes Readers Into a World Where Souls Co-Exist
BARSTOW, Calif., Aug. 8, 2007 (PRIME NEWSWIRE) -- Everyone believes that the universe only has two dimensions for people: their Life and their Death. People simply believe that it is only after death where they will realize they become souls or simply cease to exist. What they do not know, however, is that there is a world where spirits actually exist. To find out more, readers can join author Margaret Alvarez on a journey to the astral world through her new book Glimpse of Death.
AMERCO / U-Haul
AMERCO Reports First Quarter Fiscal 2008 Financial Results
RENO, Nev., Aug. 8, 2007 (PRIME NEWSWIRE) -- AMERCO (Nasdaq:UHAL), parent of U-Haul International, Inc., North America's largest "do-it-yourself" moving and storage operator, today reported net earnings available to common shareholders for its first quarter ending June 30, 2007, of $38.5 million, or $1.93 per share, compared with net earnings of $52.2 million, or $2.50 per share, for the same period last year.
Carver Bancorp, Inc.
Carver Bancorp, Inc. Announces Dividend Increase
NEW YORK, Aug. 8, 2007 (PRIME NEWSWIRE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (Nasdaq:CARV), the holding company for Carver Federal Savings Bank (the "Bank"), announced today that the Company's Board of Directors has declared a cash dividend on its common stock of ten cents ($0.10) per share for the quarter ended June 30, 2007, the first quarter of the 2008 fiscal year.
USA Truck Inc.
USA Truck Comments On Jury Verdict in Contract Dispute
VAN BUREN, Ark., Aug. 8, 2007 (PRIME NEWSWIRE) -- USA Truck, Inc. (Nasdaq:USAK) today announced an unfavorable jury verdict in the lawsuit styled All-Ways Logistics v. USA Truck, Inc. which was tried in the United States District Court for the Eastern District of Arkansas, Jonesboro division. The jury held that USA Truck breached a contract agreement and awarded the plaintiff damages of approximately $3.0 million. The court has yet to make a determination regarding the amount of pre-judgment interest, attorney's fees and costs. We strongly believe the contract was properly terminated and no breach occurred. We are currently exploring our options for pursuing an appeal.
Refco Litigation Trusts
Refco Litigation Trusts File Lawsuit Against Thomas H. Lee Partners and Related Entities for Role in Refco Fraud
NEW YORK, Aug. 8, 2007 (PRIME NEWSWIRE) -- The Refco Litigation Trusts announced today that they have filed a lawsuit against private equity firm Thomas H. Lee Partners, L.P. ("TH Lee"), Thomas H. Lee personally, several TH Lee representatives who served as officers and directors of Refco, and related parties, pertaining to their role in the fraud and subsequent Chapter 11 filing by Refco Inc. and certain of its direct and indirect subsidiaries. The lawsuit, filed in the United States District Court for the Southern District of New York, seeks hundreds of millions of dollars in damages and penalties from TH Lee and the related parties for common law claims arising from breach of fiduciary duty, unjust enrichment and receipt of illegal dividends, as well as bankruptcy claims for fraudulent conveyances and preferences.