latest news releases from the newsroom
Foundry Networks, Inc.
Foundry Networks Extends Industry Leadership At Interop Las Vegas 2008
SANTA CLARA, Calif. and LAS VEGAS, April 24, 2008 (PRIME NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced that it will be continuing its networking leadership at Interop Las Vegas 2008, April 27 to May 2. Foundry's(tm) networking experts will join Interop education sessions to discuss trends and strategies in enterprise networking. In addition to these speaking engagements, Foundry will also be demonstrating an advanced unified communications (UC) solution with fellow industry leaders as well as exhibiting networking solutions for data centers, converged communications, and enterprises at booth 1319 in the Mandalay Bay Convention Center exhibit hall.
Washington Banking Company
Washington Banking Company Increases Quarterly Cash Dividend
OAK HARBOR, Wash., April 24, 2008 (PRIME NEWSWIRE) -- Washington Banking Company (Nasdaq:WBCO), the holding company for Whidbey Island Bank, announced today that its Board of Directors has increased its quarterly cash dividend 8%. The board declared a cash dividend of $0.065 per common share. The dividend will be paid May 19 to shareholders of record on May 5, 2008. Washington Banking has paid a quarterly cash dividend since its 1998 initial public offering, and has increased the cash payout each year.
State Bank Corp.
Mohave State Bank Announces New Board Member
LAKE HAVASU CITY, Ariz., April 24, 2008 (PRIME NEWSWIRE) -- The Directors of State Bank Corp., traded as SBAZ on the OTCBB, and parent company to Mohave State Bank, are pleased to announce that Charles E. Casson has joined the Mohave State Bank Board of Directors.
Approach Resources Inc.
Approach Resources Acquires Additional Acreage in Cinco Terry Project, Crockett County, Texas
FORT WORTH, Texas, April 24, 2008 (PRIME NEWSWIRE) -- Approach Resources Inc. (Nasdaq:AREX) has acquired an additional 9,482 gross (4,899 net) acres of leasehold interests adjacent to the Company's Cinco Terry project in Crockett County, Texas. The Company believes the acreage is prospective for Ellenburger and Canyon Sands production. The additional acreage expands the Company's Cinco Terry project to a total of 31,382 gross (14,406 net) acres. The Company's total acreage portfolio now covers 283,282 gross and 196,081 net acres in Texas, New Mexico, Kentucky and British Columbia.
Furniture Brands International
Furniture Brands Announces Board Succession Plan
ST. LOUIS, Mo., April 24, 2008 (PRIME NEWSWIRE) -- Furniture Brands International (NYSE:FBN) today announced that two members of its board of directors have indicated their intention to retire from the board upon completion of a new director selection process. The two directors, Richard B. Loynd and Albert E. Suter, will stand for re-election to the board at the company's annual meeting on May 1, 2008. Their replacements are anticipated to be named during the second or third quarter of 2008 as part of an orderly succession plan.
Wilshire Bancorp, Inc.
Wilshire Bancorp Earns $7.1 Million or $0.24 Diluted Earnings Per Share in the First Quarter of 2008
LOS ANGELES, April 24, 2008 (PRIME NEWSWIRE) -- Wilshire Bancorp, Inc. (Nasdaq:WIBC), the holding company for Wilshire State Bank, today announced net income of $7.1 million, or $0.24 per diluted share, for the first quarter ended March 31, 2008, compared to $5.5 million or $0.19 per diluted share for the fourth quarter 2007, and $7.3 million or $0.25 per diluted share for the first quarter of 2007.
CenterPoint Energy, Inc.
CenterPoint Energy Declares $0.1825 Quarterly Dividend
HOUSTON, April 24, 2008 (PRIME NEWSWIRE) -- CenterPoint Energy, Inc.'s (NYSE:CNP) board of directors today declared a regular quarterly cash dividend of $0.1825 per share of common stock payable on June 10, 2008, to shareholders of record as of the close of business on May 16, 2008.