latest news releases from the newsroom
Home BancShares, Inc.
Home BancShares, Inc. Announces Fourth Quarter Earnings Release Date and Conference Call
CONWAY, Ark., Dec. 21, 2007 (PRIME NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB) today announced it expects to release Fourth Quarter 2007 earnings prior to the market opening on Thursday, January 17, 2008. Following this release, management will conduct a conference call to review this information at 1:00 p.m. CST (2:00 EST) on Thursday, January 17, 2008.
Lockridge Grindal Nauen P.L.L.P.
Lockridge Grindal Nauen P.L.L.P. Clarifies Scope of Securities Class Action Lawsuit Involving Regions Morgan Keegan Select Intermediate Bond Fund and Regions Morgan Keegan Select High Income Fund
MINNEAPOLIS, Dec. 21, 2007 (PRIME NEWSWIRE) -- On December 6, 2007 Lockridge Grindal Nauen P.L.L.P. announced that it had filed a class action lawsuit against Morgan Asset Management, Inc., Morgan Keegan & Company, Inc., Regions Financial Corporation, MK Holding, Inc., Regions Financial Corporation, PricewaterhouseCoopers LLP, and certain individuals, officers and directors associated with the above entities in the United States District Court for the Western District of Tennessee, on behalf of investors who purchased shares of the Regions Morgan Keegan Select Intermediate Bond Fund and Regions Morgan Keegan Select High Income Fund from December 6, 2004 through October 3, 2007 (the "Class Period").
Perfumania Holdings, Inc.
E Com Ventures, Inc. to Acquire Model Reorg, Inc.
SUNRISE, Fla., Dec. 21, 2007 (PRIME NEWSWIRE) -- E Com Ventures, Inc. (Nasdaq:ECMV) announced today that it has entered into an Agreement and Plan of Merger with Model Reorg, Inc. ("Model"), a corporation controlled by the family of Glenn and Stephen Nussdorf, principal shareholders of E Com. Pursuant to the terms of the Agreement, Model will be merged into a newly formed wholly-owned subsidiary of E Com in exchange for the issuance of 5,900,000 shares of E Com's common stock and warrants to acquire an additional 1,500,000 shares of E Com common stock at an exercise price of $23.94. The warrants will have a 10-year term, will not be exercisable for the first three years and will not be transferable, with limited exceptions.
Rosetta Resources Inc.
Rosetta Provides Update Regarding Calpine Bankruptcy
HOUSTON, Dec. 21, 2007 (PRIME NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE), an independent oil-and-gas company, today responded to Calpine's plan of reorganization which was confirmed by the Bankruptcy Court in New York on December 19, 2007. Although Rosetta generally supported Calpine's plan of reorganization, Rosetta objected to the release of Calpine's claims against, among others, members of Calpine's current and previous boards of directors on the ground that the proposed releases could not be justified in light of the allegations which Rosetta believes are frivolous and unsubstantiated that Calpine has made regarding these persons' conduct and role in its lawsuit against Rosetta.