latest news releases from the newsroom
Virgin Media Inc.
Virgin Media Notification of Second Quarter 2008 Results
LONDON, July 24, 2008 (PRIME NEWSWIRE) -- Virgin Media (Nasdaq:VMED) will be announcing its Second Quarter 2008 results on Thursday, August 7, 2008 at 8am UK time, 3am ET. The company will host a conference call for analysts and investors to discuss these results on August 7, at 2pm UK time, 9am ET.
Universal Stainless & Alloy Products
Universal Stainless Reports 2008 Second Quarter Results
BRIDGEVILLE, Pa., July 24, 2008 (PRIME NEWSWIRE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) reported today that sales for the second quarter of 2008 were $63.5 million compared with $62.1 million reported in the second quarter of 2007. Net income for the second quarter of 2008 was $5.3 million, or $0.77 per diluted share, compared with $5.9 million, or $0.87 per diluted share, in the second quarter of 2007.
German American Bancorp, Inc.
German American Bancorp, Inc. Reports Record Quarterly and Year-to-Date Earnings
JASPER, Ind., July 24, 2008 (PRIME NEWSWIRE) -- German American Bancorp, Inc. (Nasdaq:GABC) today reported record 2nd quarter and year-to-date 2008 net income. During the 2nd quarter, the Company earned $3,111,000, or $0.28 per share, approximately an 18% increase from the $2,643,000, or $0.24 per share, reported in the 2nd quarter of 2007. This record level of quarterly earnings marks the 3rd successive quarter in which the Company has reported record earnings.
New Asia Gold Corp.
New Asia Gold Corp. Acquires 100 Percent Interest in Gold Company
BOCA RATON, Fla., July 24, 2008 (PRIME NEWSWIRE) -- New Asia Gold Corp. (Pink Sheets:NWAG) is pleased to announce that it has acquired 100% of the shares of an Indonesian gold exploration company as a result of a share exchange agreement. The shares issued related to this transaction are restricted. The gold company has proven and probable reserves of gold. Based on independent assessment reports the proven gold reserves are 330,000 ozs of gold with a current market value of $219 million after mining costs. Assessment of the leases will continue on an ongoing basis.
FCStone Group, Inc.
FCStone Group, Inc. Announces Syndicated Margin Call Credit Facility and Subordinated Debt Facility
KANSAS CITY, Mo., July 24, 2008 (PRIME NEWSWIRE) -- FCStone Group, Inc. (Nasdaq:FCSX), a commodity risk management firm, today announced the closing of syndicated credit facilities between its wholly owned subsidiary, FCStone, LLC, and a lending syndicate consisting of BMO Capital Markets, Bank of America, N.A., Deere Credit, Inc., and CoBank, ACB. The new facilities will increase the size of the Company's primary debt facilities by a total of $140 million to $305 million. Specifically, the size of the Company's revolving credit facility has been increased by $100 million to $250 million, while the Company's subordinated debt facility has been increased by $40 million to $55 million.
Universal Detection Technology
Universal Detection Technology Receives Additional Contract to Provide Bioterrorism Training Equipment for the 2008 Beijing Olympics
LOS ANGELES, July 24, 2008 (PRIME NEWSWIRE) -- Universal Detection Technology (www.udetection.com) (OTCBB:UDTT) (Frankfurt: PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that it has received an additional contract to provide bioterrorism training equipment for the 2008 Beijing Olympics. The equipment is designed to mimic a real-time biological attack thus preparing first responders in the proper use and handling of Bio-terrorism detection equipment.
Superior Uniform Group, Inc.
Superior Uniform Group Reports Continued Improvement in Operating Results
SEMINOLE, Fla., July 24, 2008 (PRIME NEWSWIRE) -- Superior Uniform Group, Inc. (Nasdaq:SGC), manufacturer of uniforms, career apparel and accessories, today announced that for the second quarter ended June 30, 2008, sales were $31,699,285, compared with 2007 second quarter sales of $29,938,498. Earnings from continuing operations were $1,210,804 or $.18 per share (diluted), compared with earnings from continuing operations of $808,395 or $.12 per share (diluted) in the 2007 second quarter.