latest news releases from the newsroom
Advanced Environmental Recycling Technologies, Inc.
AERT Annual Shareholder Meeting Set for July 24th At 7 p.m. CDT At the NWA Holiday Inn, Springdale, Arkansas
SPRINGDALE, Ark., July 21, 2008 (PRIME NEWSWIRE) -- Advanced Environmental Recycling Technologies (Nasdaq:AERT), a leading plastics recycler and leading manufacturer of Green building products, today announced that the annual shareholders meeting will be held on Thursday, July 24, 2008 at 7:00 p.m. in Salon E of the NWA Holiday Inn located in Springdale, Arkansas. Shareholders are invited to attend and advanced registration is not necessary. A live webcast of the meeting will be available on AERT's website www.aert.com, as well as on the investor relations website at www.aert.com/investor.asp.
HCC Insurance Holdings
HCC Insurance Holdings, Inc. Announces Securities and Exchange Commission Settlement
HOUSTON, July 21, 2008 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that it has reached a settlement with the United States Securities and Exchange Commission (SEC) by consenting to the entry of a permanent injunction against future violations of the reporting, books and records, and internal controls provisions of the federal securities laws. The Company neither admitted nor denied the allegations contained in the SEC's complaint.
Capital Southwest Corporation
Capital Southwest Corporation Elects New Chairman of the Board
DALLAS, July 21, 2008 (PRIME NEWSWIRE) -- Capital Southwest Corporation (Nasdaq:CSWC) announced today that its board of directors has elected current President and CEO Gary L. Martin as chairman of the company's board. Martin, who joined Capital Southwest's board in July 1988, replaces former Chairman William R. Thomas, who has served in a non-executive capacity since his retirement in July 2007. Thomas will continue to remain very involved in the company's strategic direction as an active member of the board of directors.
Amen Properties Inc.
Amen Properties Announces Asset Purchase Agreement Between W Power & Light and Green Mountain Energy Company
MIDLAND, Texas, July 21, 2008 (PRIME NEWSWIRE) -- Amen Properties (Nasdaq:AMEN) today announced that its wholly owned subsidiary, W Power and Light, LLC ("W Power") has entered into an agreement with Green Mountain Energy Company, Inc. ("Green Mountain") whereby Green Mountain will take over most of the retail electricity customer agreements of W Power. Under the terms of the agreement, residential and commercial customers of W Power will begin being transferred to Green Mountain within five business days from the July 16, 2008 closing date. The Company's decision to exit the retail electricity business was announced earlier this month, and driven largely by the increased complexity and volatility of the Texas electricity market.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions Schedules Second Quarter 2008 Earnings Conference Call for Wednesday, August 6, 2008
SAN DIEGO, July 21, 2008 (PRIME NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense, information technology and homeland security solutions provider, announced today that it will publish financial results for the second quarter of 2008 on Wednesday, August 6, 2008 at 1:00 p.m. Pacific Time (4:00 p.m. Eastern Time). A live conference call will begin at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The call will be webcast live and can be accessed via the home page of Kratos' corporate web site at www.kratosdefense.com.
Targa Resources Partners LP
Targa Resources Partners LP Announces Timing of Second Quarter 2008 Earnings Release and Conference Call
HOUSTON, July 21, 2008 (PRIME NEWSWIRE) -- Targa Resources Partners LP (Nasdaq:NGLS) ("Targa Resources Partners" or the "Partnership") will report its second quarter 2008 earnings before the NASDAQ Stock Market opens for trading on Monday, August 11, 2008. Following the announcement, the Partnership will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss second quarter results.
Gateway Financial Holdings, Inc.
Gateway Financial Holdings, Inc. Files Shelf Registration Statement for $50 Million of Securities
VIRGINIA BEACH, Va., July 21, 2008 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., filed a Form S-3 shelf registration statement with the U.S. Securities and Exchange Commission (the "SEC") today after the markets closed. Once declared effective by the SEC, the shelf registration will permit the company to periodically offer and sell, individually or in any combination, various of its securities up to a total of $50.0 million, subject to market conditions and the company's capital needs. The registration statement contains two forms of prospectuses. One prospectus can be used in connection with any public offerings of common stock, preferred stock, depositary shares, debt securities, warrants, purchase contracts and units (which include a combination of any of the preceding securities) by the company. The second prospectus can be used in connection with any public offerings of preferred securities by a subsidiary trust, in combination with junior subordinated debt securities and guarantees of the preferred securities by the company. Each offering of securities made under this registration statement will be made, after the registration effective date, pursuant to one of these two prospectuses, with the specific terms of the securities offered thereby to be set forth in an accompanying prospectus supplement.
Port of Houston Authority
PHA Commission Considers About $10 Million in Environmental Improvements for Bayport Container Terminal
HOUSTON, July 21, 2008 (PRIME NEWSWIRE) -- The Port Commission of The Port of Houston Authority (PHA) will consider about $10 million in environmental improvements for Bayport Container Terminal which include a future Leadership in Energy and Environmental Design (LEED)-rated structure on Tuesday, July 22, beginning at 9 a.m. in the board room of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
Alta Mesa Holdings, LP
Meridian Resource Announces Second Quarter 2008 Earnings Conference Call
HOUSTON, July 21, 2008 (PRIME NEWSWIRE) -- The Meridian Resource Corporation (NYSE:TMR) today announced it will report second quarter 2008 financial and operational results on Thursday, August 7, 2008. Meridian invites you to listen to its conference call to discuss these results on that date at 2:00 p.m. Central time. If you wish to participate in this conference call, dial 888.679.8035 (U.S./Canada), or 617.213.4848 (for International calls), five to ten minutes before the scheduled start time and reference Conference ID #62099093. The conference call may also be listened to live over the internet by going to the Company's website at www.tmrc.com.