latest news releases from the newsroom
Altra Industrial Motion Corp.
Altra Holdings Announces Record Results for the Second Quarter 2007
QUINCY, Mass., July 26, 2007 (PRIME NEWSWIRE) -- Altra Holdings, Inc. (Nasdaq:AIMC), a leading global supplier of clutch brakes, couplings, gearing, belted drives and power transmission components, announced record net sales of $163.1 million for the second quarter ended June 30, 2007 compared to $119.8 million in the second quarter of 2006, an increase of 36.1%. Operating income for the second quarter of 2007 increased 37.0% to $16.3 million from $11.9 million in the second quarter of 2006. Recurring diluted earnings per share increased 24.0%, or $0.06 per share, to $0.31 in the second quarter of 2007 from $0.25 in the second quarter of 2006. Revenue performance was driven by new product initiatives, continued strength in key late cycle markets, defense applications, global clutch brake sales, and by the Company's recent acquisition of TB Wood's. Operating results were spurred by cost savings from the Altra Business System, low cost country sourcing, and the synergies generated from the Hay Hall and TB Wood's acquisitions.
Dionex Corporation Fourth Quarter and Full Year 2007 Earnings Review
SUNNYVALE, Calif., July 26, 2007 (PRIME NEWSWIRE) -- Dionex Corporation (Nasdaq:DNEX) is planning to announce fourth quarter and full year 2007 results on Thursday, August 9, 2007 after market close. You are invited to participate in the earnings review conference call scheduled for Thursday, August 9, 2007, 1:30 p.m. Pacific Time at the above number. Participants should dial in approximately 5 minutes prior.
Provident Financial Holdings, Inc.
Provident Financial Holdings Announces Quarterly Cash Dividend
RIVERSIDE, Calif., July 26, 2007 (PRIME NEWSWIRE) -- Provident Financial Holdings, Inc. ("Company"), (Nasdaq:PROV), the holding company for Provident Savings Bank, F.S.B., today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.18 per share. Shareholders of the Company's common stock at the close of business on August 20, 2007 will be entitled to receive the cash dividend. The cash dividend will be payable on September 10, 2007.
Summit Financial Group, Inc.
Summit Financial Group Reports Second Quarter 2007 Earnings
MOOREFIELD, W.Va., July 26, 2007 (PRIME NEWSWIRE) -- Summit Financial Group, Inc. (Nasdaq:SMMF) today reported second quarter 2007 net income of its consolidated operations and its continuing operations which excludes from income substantially all business activities of Summit Mortgage, its residential mortgage loan origination unit, which ceased operations in January 2007.
Industrial Distribution Group, Inc.
Industrial Distribution Group, Inc. Announces Date for Second Quarter 2007 Earnings Conference Call and Webcast
ATLANTA, July 26, 2007 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. (Nasdaq:IDGR) will host a conference call and live webcast on Thursday, August 2, 2007 to discuss its second quarter 2007 results, provide a strategy update, and the Company's outlook for full-year 2007, which will be announced before the opening of the market.
Zecotek Photonics Inc.
Zecotek Grants Manufacturing Contract to Anteryon BV for Key Component of Its 3D Display
VANCOUVER, British Columbia, July 26, 2007 (PRIME NEWSWIRE) -- Zecotek Medical Systems Inc. (TSX-V:ZMS); (Frankfurt:W1I.F) today announced that it has it has selected Anteryon BV of the Netherlands to produce the key screen component of its proprietary Real-Time 3D2D Display. Anteryon will produce Zecotek's proprietary 3D lenticular display in a 32" screen format, considered the optimum size to demonstrate its potential power and user impact. The first demonstration model is expected to be delivered in October this year and will be used for marketing and sales purposes including demonstrations at upcoming industry tradeshows.
CenterPoint Energy, Inc.
CenterPoint Energy Declares $0.17 Quarterly Dividend
HOUSTON, July 26, 2007 (PRIME NEWSWIRE) -- CenterPoint Energy, Inc.'s (NYSE:CNP) board of directors today declared a regular quarterly cash dividend of $0.17 per share of common stock payable on September 10, 2007, to shareholders of record as of the close of business on August 16, 2007. This equates to an annual dividend of $0.68 per share of common stock.
Xlibris Releases Desires and Illusions -- New Book Tells a Fascinating Story About Three People's Exploits Related to Sex, Suspense, Deception, Romance and Conspiracy
HOPE MILLS, N.C., July 26, 2007 (PRIME NEWSWIRE) -- People make their decisions with the best of intentions, but when certain things change, they are forced to adapt their plans to the present situation to achieve the best possible scenario there is. Although you always hope for the best, sometimes even the best laid plans can go wrong. This is the moral lesson behind a fascinating story of love and deceit that will entertain you as Xlibris proudly releases Desires and Illusions, the compelling new book written by author J. Hammerman.