latest news releases from the newsroom
Old Line Bancshares, Inc.
Old Line Bancshares, Inc. Reports a 21.87 Percent Increase in Three Month Net Income
BOWIE, Md., July 23, 2008 (PRIME NEWSWIRE) -- James W. Cornelsen, President and Chief Executive Officer of Old Line Bancshares, Inc. (Nasdaq:OLBK), the parent company of Old Line Bank, reported that net income increased $89,164 or 21.87% to $496,824 or $0.13 per basic and diluted common share for the three month period ended June 30, 2008 from $407,660 or $0.10 per basic and diluted common share for the same period in 2007. Net income for the six month period ended June 30, 2008 was $941,657 or $0.25 per basic and $0.24 per diluted common share. This represented an increase of $206,455 or 28.08% compared to net income of $735,202 or $0.17 per basic and diluted common share for the six months ended June 30, 2007. The $0.08 or 47.06% increase in earnings per basic common share for the six month period was a result of improved earnings and the company's repurchase of 177,799 shares of its common stock during the six month period ended June 30, 2008.
Talent Alliance, Inc.
Talent Alliance Acquires Leading Military Transition Recruiting Firm, Soar Consulting, Inc.
AUSTIN, Texas, July 23, 2008 (PRIME NEWSWIRE) -- Talent Alliance, Inc. (Pink Sheets:TLAN), a global provider of talent acquisition and talent management solutions primarily operating in the United States and in the People's Republic of China, announced today that the Company has completed a merger with Soar Consulting, Inc., a leading provider of military transition recruiting. Immediately following the merger, Soar Consulting, Inc. will be a wholly owned subsidiary of Talent Alliance, Inc.