latest news releases from the newsroom
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.
Anchor BanCorp Wisconsin Inc.
Anchor BanCorp Wisconsin Inc. Announces Third Quarter Results
MADISON, Wis., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW) today announced a net loss of $167.3 million, or $7.96 per share, for the three months ended December 31, 2008. This compares to net income for the same quarter of the previous fiscal year of $6.3 million, or $0.30 per share. The decrease primarily results from a combination of a $72.2 million goodwill impairment, a $93.3 million provision for loan losses and a $36.5 million non-cash valuation allowance against deferred tax assets. For the nine months ended December 31, 2008, the net loss is $185.0 million versus income of $25.5 million for the same period last year.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Ships LCROSS to NASA's Kennedy Space Center
REDONDO BEACH, Calif., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) shipped the Lunar CRater Observation and Sensing Satellite (LCROSS) to NASA's Kennedy Space Center (KSC) in Florida. At KSC, LCROSS will be integrated with the Lunar Reconnaissance Orbiter (LRO) onto an Atlas V launch vehicle for launch this spring.
Fuel Systems Solutions, Inc.
Fuel Systems Solutions, Inc. Announces Timing of Fourth Quarter and Year End 2008 Results
SANTA ANA, Calif., Feb. 17, 2009 (GLOBE NEWSWIRE) -- Fuel Systems Solutions, Inc. (Nasdaq:FSYS) will release its fourth quarter and year end 2008 financial results after market close on March 5, 2009. The company will host a conference call on March 6 at 10:00 a.m. Pacific Time / 1:00 p.m. Eastern Time to discuss its fourth quarter and year end 2008 financial results. Participating in the call will be Matthew Beale, president, and Bill Larkin, chief financial officer.
HealthTronics Fourth Quarter Conference Call to Take Place On March 6, 2009
AUSTIN, Texas, Feb. 17, 2009 (GLOBE NEWSWIRE) -- HealthTronics, Inc. (Nasdaq:HTRN), will issue its financial results for the fourth quarter ended December 31, 2008 on Friday, March 6, 2009 after the stock market closes. HealthTronics will then conduct a conference call to discuss these results and other business activities at HealthTronics with President and Chief Executive Officer James Whittenburg and Interim Chief Financial Officer Richard Rusk at 5:00 pm EST.