latest news releases from the newsroom
NASDAQ OMX Signs Contract With the Tokyo Commodity Exchange
NEW YORK, April 16, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it has signed a contract with the Tokyo Commodity Exchange (TOCOM) and NTT Data to provide an integrated trading and clearing system for commodity derivatives. The contract with TOCOM represents NASDAQ OMX's first technology customer in Japan and its first major technology contract win since its merger.
Izard Nobel LLP
Schatz Nobel Izard P.C. Announces Class Action Lawsuit Against Walgreen Co.
HARTFORD, Conn., April 16, 2008 (PRIME NEWSWIRE) -- The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons who purchased the common stock of Walgreen Co. ("Walgreen" or the "Company") (NYSE:WAG) between June 25, 2007 and November 29, 2007, inclusive (the "Class Period").
SB Financial Group
Rurban Financial Corp. Reports Substantial Increase in Earnings for First Quarter
DEFIANCE, Ohio, April 16, 2008 (PRIME NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, reported first quarter 2008 earnings of $1.11 million, or $0.22 per diluted share, an increase of 58.0% and 60.0%, respectively, above the $702 thousand, or $0.14 per diluted share, reported in first quarter 2007. Improved performance reflects across-the-board improvement at both of Rurban's subsidiary companies, The State Bank and Trust Company and RDSI. The growth initiatives and improved efficiencies implemented over the past two years are providing clear and positive results.
SB Financial Group
Rurban Financial Corp. Announces Shareholder Dividend
DEFIANCE, Ohio, April 16, 2008 (PRIME NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, announced their quarterly shareholder dividend will be $0.08. The dividend is payable on May 16, 2008 to all shareholders of record on May 2, 2008.
Industrial Distribution Group, Inc.
Industrial Distribution Group, Inc. Prepares to Accept Superior Offer of $11.75 Per Share to Acquire the Company
ATLANTA, April 16, 2008 (PRIME NEWSWIRE) -- Industrial Distribution Group, Inc. ("IDG" or the "Company") (Nasdaq:IDGR), a leading nationwide supplier of maintenance, repair, operating and production (MROP) products and Flexible Procurement Solutions(tm) services to manufacturers and other industrial users, announced today that its Board of Directors intends to withdraw its recommendation of the pending acquisition of the Company by an affiliate of Platinum Equity Advisors, LLC ("Platinum Equity"), in order to accept and recommend the definitive offer received from WESCO Distribution, Inc. ("WESCO") to acquire the Company for a price of $11.75 per share in cash to the Company's stockholders. The pending acquisition by Platinum Equity, which was approved on February 20, 2008, would pay the Company's stockholders $10.30 per share in cash. The Board of Directors unanimously determined that the WESCO offer, which was made by delivery of an executed Agreement and Plan of Merger, is a "Superior Proposal" under the merger agreement between the Company and Platinum Equity.