latest news releases from the newsroom
Independent Audit Verifies Subjex Corporation's FMS v3.0 Provides Investment Returns of 17.3 Percent in First 4-1/2 Months of Operation
MINNEAPOLIS, July 22, 2008 (PRIME NEWSWIRE) -- Subjex Corporation (OTCBB:SBJX) today provided an update with respect to its business strategy, version three of Forecast Market Software (FMS) and an audited conformation of results. The Company recently repositioned the FMS business from a software subscription to a fund management model, which will direct the investment activities of institutional investors. Subjex's FMS technology from February 15th to June 30th 2008, produced gains totaling 17.3%; results that are providing significant momentum for the Company's institutional initiatives.
Frequency Electronics, Inc.
Frequency Electronics, Inc. Announces Fiscal Year 2008 Results
MITCHEL FIELD, N.Y., July 22, 2008 (PRIME NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq:FEIM) reported fiscal year 2008 revenues of $64.4 million and net income of $887,000, or $0.10 per diluted share, compared to fiscal year 2007 revenues of $56.2 million and a net loss of $257,000, or ($0.03) per diluted share.
Photo Release -- Bernstein-Rein Hires Jules Boasberg as Senior Vice President/Growth Officer
KANSAS CITY, Mo., July 22, 2008 (PRIME NEWSWIRE) -- Bernstein-Rein has added Jules Boasberg as its new senior vice president/growth officer. He has been hired to lead the agency's increased new-business efforts in acquiring clients in existing and new categories. Boasberg also joins Bernstein-Rein's senior management team and reports to company president Steve Bernstein.
Milberg LLP Announces Its Investigation On Behalf of Certain Investors of Gildan Activewear Inc.
NEW YORK, July 22, 2008 (PRIME NEWSWIRE) -- Attorney Advertising. The law firm of Milberg LLP is investigating possible illegal conduct as alleged in proposed class action lawsuits filed in the United States District Court for the Southern District of New York against Gildan Activewear, Inc. ("Gildan" or the "Company") (NYSE:GIL) and certain of Gildan's officers and directors for violations of the Securities Act of 1934. The lawsuits are brought on behalf of all purchasers of common stock from August 2, 2007 through April 29, 2008 inclusive (the "Class Period").