latest news releases from the newsroom
Bank of Virginia
Bank of Virginia Announces Third Quarter and Year-to-Date Earnings
MIDLOTHIAN, Va., Nov. 5, 2007 (PRIME NEWSWIRE) -- Bank of Virginia (Nasdaq:BOVA) (www.bankofva.com) today reported third quarter 2007 earnings of $189,000 or basic and diluted earnings of $0.06 per share for the quarter. This represents a 58.8% increase from $119,000 or basic and diluted earnings per share of $0.04 for the second quarter of 2007. This income level is more than double the $81,000 or basic and diluted earnings per share of $0.03 for the third quarter of 2006.
AudioCodes Reports Third Quarter 2007 Results
LOD, Israel, Nov. 5, 2007 (PRIME NEWSWIRE) -- AudioCodes (Nasdaq:AUDC), a leading provider of Voice over Packet (VoP) technologies and Voice Network products, today announced financial results for the third quarter and nine months ended September 30, 2007.
First Solar, Inc.
First Solar Announces Expansion
PHOENIX, Nov. 5, 2007 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) announced today that it has entered into new long term module supply agreements with a subsidiary of international investment and funds and asset manager Babcock & Brown (Australia:BNB), and Ecostream Switzerland GmbH, a subsidiary of Econcern BV, which focuses on developing solutions for sustainable energy supply. The new agreements expand contracted module volume by a total of 557MW, allowing for additional sales of approximately $1 billion at an assumed exchange rate of $1.30/E1.00 over the period of 2008 to 2012. The agreements are structured on terms similar to First Solar's existing long term supply agreements.
Investors Title Company
Investors Title Company Announces Third Quarter 2007 Results
CHAPEL HILL, N.C., Nov. 5, 2007 (PRIME NEWSWIRE) -- J. Allen Fine, Chairman of Investors Title Company (Nasdaq:ITIC), announced that for the third quarter ended September 30, 2007, the Company reported net income of $3,857,892, an increase of 5.1% compared with $3,672,069 for the same three-month period in 2006. Net income per diluted share equaled $1.54, an increase of 6.9% compared with $1.44 per diluted share in the same period last year. Net premiums written increased 4.1% to $18,994,453, investment income increased 25.6% to $1,301,878 and revenues increased 6.2% to $23,058,983 compared with the prior year period.