latest news releases from the newsroom
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Second Quarter Net Income
WEST PALM BEACH, Fla., July 28, 2005 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) today reported net income for the second quarter of 2005 of $2.9 million or $0.05 per share compared to net income of $9.1 million or $0.13 per share for the second quarter of 2004. For the six months ended June 30, 2005 net income was $5.3 million or $0.08 per share as compared to $15.9 million or $0.23 per share for the same period in 2004. Results for the second quarter and first six months of 2005 are net of a tax provision of $2.3 million and $2.8 million, respectively as compared to $0.06 million and $0.07 million in the same periods of 2004.
Megola Announces Higher Revenue Guidance for Next Quarter Report
CORUNNA, Ontario, July 28, 2005 (PRIMEZONE) -- Megola Inc. (OTCBB:MGOA), confirmed today it anticipates timely filing of the company's audited financials for the period ending July 31, 2005. Furthermore, the company projected higher revenue guidance in its operations for its 2005 Q4 and year-end reports.
SimpleTech to Present at B. Riley & Company's New York Investor Conference
SANTA ANA, Calif, July 28, 2005 (PRIMEZONE) -- SimpleTech, Inc. (Nasdaq:STEC), a technology leader in the design, development, manufacturing and marketing of DRAM- and Flash-based memory solutions and external storage solutions, announced today that the company's management team will present at the B. Riley & Company New York Investor Conference on Thursday, August 11, 2005, at 1:55 p.m. Eastern. The Conference is being held at Le Parker Meridien, on West 57th Street in New York City. SimpleTech's presentation will take place in TANSA Room 1.
Complete Care Medical, Inc.
Complete Care Medical, Inc. Enters Agreement With LifeGuard Benefit Services, Inc.
HOUSTON, July 28, 2005 (PRIMEZONE) -- Complete Care Medical, Inc. (Pink Sheets:CCMI) is pleased to announce that its wholly owned subsidiary, Diabetes Gold, Inc., has entered into an agreement to offer its Diabetes Gold products and services to the members of LifeGuard Benefit Services, Inc.
Labaton Sucharow LLP
Molina Healthcare Investors Pursue Damages -- MOH
NEW YORK, July 28, 2005 (PRIMEZONE) -- Goodkind Labaton Rudoff & Sucharow LLP filed a class action lawsuit on July 27, 2005 in the United States District Court for the Central District of California, on behalf of persons who purchased or otherwise acquired publicly traded securities of Molina Healthcare, Inc. ("Molina Healthcare" or the "Company") (NYSE:MOH) between November 3, 2004 and July 20, 2005, inclusive, (the "Class Period"). The lawsuit was filed against Molina Healthcare, J. Mario Molina, and John C. Molina ("Defendants").