latest news releases from the newsroom
ACI Worldwide, Inc.
ACI Worldwide, Inc. to Restate Earnings for March 2008 Quarter to Amend Accounting Treatment of a Software Transaction
NEW YORK, Feb. 17, 2009 (GLOBE NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW), a leading international provider of software for electronic payment systems, announced today that it has determined that $1.9 million of revenue recognized in its March 31, 2008 quarter for a software project should have been deferred until further project milestones were achieved. The customer has paid the invoices to which the deferred revenue relates. Accordingly, this deferral does not impact ACI's operating free cash flow for the 2008 first quarter. ACI's backlog estimate as of March 31, 2008 will increase by $1.9 million as a result of this deferral and a corresponding $0.4 million in costs, as well as $0.1 million in taxes, will also be deferred. ACI estimates that its net loss for the first quarter 2008 will be increased by $1.4 million as a result of the deferral from $3.46 million to $4.86 million.
IPC Holdings, Limited
IPC Holdings, Ltd. Reports Fourth Quarter 2008 Results
PEMBROKE, Bermuda, Feb. 17, 2009 (GLOBE NEWSWIRE) -- IPC Holdings, Ltd. (Nasdaq:IPCR) today reported net income for the quarter ended December 31, 2008 of $43.7 million, or $0.79 per common share, compared to $167.0 million, or $2.48 per common share, for the fourth quarter of 2007. For the year ended December 31, 2008 IPC reported net income of $90.4 million, or $1.45 per common share, compared to $385.4 million, or $5.53 per common share, for 2007.
Sykes Enterprises, Inc.
Sykes Enterprises, Incorporated to Present At the Baird 2009 Business Solutions Conference
TAMPA, Fla., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Sykes Enterprises, Incorporated (Nasdaq:SYKE) ("SYKES" or the "Company"), a global leader in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena, will present at the Baird 2009 Business Solutions Conference in Boston, Massachusetts. SYKES' management will provide an overview of the Company, its strategies and respond to questions.
Dow Jones Indexes
Component Changes Made to Dow Jones Select Dividend Indexes
NEW YORK, Feb. 17, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones EPAC Select Dividend Index and Dow Jones France Select Dividend 20 Index.
Sykes Enterprises, Inc.
Sykes Enterprises, Incorporated to Present At the Credit Suisse 11th Annual Global Services Conference
TAMPA, Fla., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Sykes Enterprises, Incorporated (Nasdaq:SYKE) ("SYKES" or the "Company"), a global leader in providing outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena, will present at the Credit Suisse 11th Annual Global Services Conference in Phoenix, Arizona. SYKES' management will provide an overview of the Company, its strategies and respond to questions.
Automatic Data Processing, Inc.
ADP to Webcast Financial Analyst Conference On March 25, 2009
ROSELAND, N.J., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Automatic Data Processing, Inc. (Nasdaq:ADP) announced today that it will hold its annual financial analyst conference on Wednesday, March 25, 2009 from 8:45 a.m. to noon (EDT). The company will provide an update on the business and growth opportunities in Employer Services and Dealer Services with a focus on business process outsourcing.
Prudential Bancorp, Inc.
Prudential Bancorp, Inc. of Pennsylvania Announces First Quarter Results
PHILADELPHIA, Feb. 17, 2009 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:PBIP), the "mid-tier" holding company for Prudential Savings Bank (the "Bank"), today reported a net loss of $993,000 or $(0.09) per share, for the quarter ended December 31, 2008 as compared to net income of $614,000, or $0.06 per share, for quarter ended December 31, 2007. The net loss reported for the period was primarily due to a $2.2 million non-cash other than temporary impairment ("OTTI") charge related to certain of the non agency mortgage-backed securities received as a result of the redemption in kind of a mutual fund during the third quarter of fiscal 2008.
Alphatec Holdings, Inc.
Alphatec Spine to Present At the Canaccord Adams Musculoskeletal Conference
CARLSBAD, Calif., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions related to the aging spine, today announced it will present at the Canaccord Adams Musculoskeletal Conference on Tuesday, February 24, 2009 at 8:40 a.m. Pacific Time at The University of Nevada, Las Vegas (UNLV).
Hancock Holding Company
Hancock Holding Company Announces Quarterly Dividend
GULFPORT, Miss., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Hancock Holding Company (Nasdaq:HBHC) today announced that the company's board of directors approved a regular first quarter 2009 common stock cash dividend of $0.24 per share.
KMG Chemicals, Inc.
KMG Chemicals Provides Update On Second Quarter and Comments On 2009 Second Half
HOUSTON, Feb. 17, 2009 (GLOBE NEWSWIRE) -- KMG Chemicals, Inc. (Nasdaq:KMGB), a global provider of specialty chemicals in carefully focused markets, today provided an update on the Company's business during its second fiscal quarter ended January 31, 2009 and the outlook for the second half of its fiscal year. While earnings in the second fiscal quarter will be positive, they are expected to decline relative to the comparable prior year period due to the adverse impact that higher priced raw materials in inventory had on margins during the period. However, that inventory has generally been sold and the Company is now benefiting from lower cost material that has been purchased during the second quarter and is now being sold as finished product.