latest news releases from the newsroom
International Assets Holding Corporation
International Assets Reports Record Operating Revenues (Non-GAAP) of $31 Million and $3.3 Million Earnings for First Quarter of Fiscal 2009
NEW YORK, Feb. 9, 2009 (GLOBE NEWSWIRE) -- International Assets Holding Corporation (the 'Company') (Nasdaq:IAAC) today announced its fiscal 2009 first quarter financial results which are set out in the table below. Sean O'Connor, CEO, stated, "We are pleased to have produced record non-GAAP revenues and strong non-GAAP earnings in difficult market conditions. This is a validation of our strategy of building niche, customer-centric businesses with uncorrelated revenue streams. Losses in our asset management segment were offset by strong performances in our international equities market-making, commodities and foreign exchange trading, resulting in a non-GAAP return on average stockholders' equity of 21.4% for the quarter."
Haynes International, Inc.
Haynes International, Inc. Reports First Quarter Fiscal 2009 Financial Results
KOKOMO, Ind., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Haynes International, Inc. (Nasdaq:HAYN) today reported net revenues of $134.3 million for the three months ended December 31, 2008 and net income of $4.5 million, or $0.38 per diluted share, compared to net revenues of $146.1 million and net income of $13.8 million, or $1.16 per diluted share, for the same period of fiscal 2008. Backlog decreased by $29.5 million, or 12.9%, for the three months ended December 31, 2008, to finish at $199.7 million. Net cash provided by operating activities was $13.9 million in the first quarter of fiscal 2009 compared to $11.5 million in the same period of fiscal 2008, and borrowings under the Company's revolving credit facility were zero at December 31, 2008. In the quarter, the Company also negotiated a three year extension of its revolving credit facility, discussed below.
Infinity Pharmaceuticals, Inc.
Infinity Well-Financed to Achieve 'I4 2012' Long-Term Goals; Announces 2008 Financial Results
CAMBRIDGE, Mass., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Infinity Pharmaceuticals, Inc. (Nasdaq:INFI), an innovative cancer drug discovery and development company, today reiterated its "I4 2012" goals and long-term financial guidance, reviewed recent clinical and business achievements, and announced full year and fourth quarter 2008 financial results.
Cutera(r) Reports Fourth Quarter and Full-Year 2008 Results
BRISBANE, Calif., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Cutera, Inc. (Nasdaq:CUTR), a leading provider of laser and other light-based aesthetic systems for practitioners worldwide, today reported financial results for the fourth quarter and year ended December 31, 2008.
Harwood Feffer LLP
Harwood Feffer LLP Files New Class Action On Behalf of Investors of Satyam Computer Services Ltd. Naming Auditors as Defendants -- SAY
NEW YORK, Feb. 9, 2009 (GLOBE NEWSWIRE) -- The law firm of Harwood Feffer LLP announces that it filed a new class action lawsuit on February 9, 2009 on behalf of purchasers of the American Depository Shares ("ADSs") of Satyam Computer Services Ltd. ("Satyam" or the "Company") (NYSE:SAY) during the period January 6, 2004 through January 6, 2009 (the "Class Period"). Shareholders may obtain a copy of the complaint by calling our offices or emailing us at the e-mail addresses listed below. The action is pending in United States District Court for the Southern District of New York.
Infinity Pharmaceuticals, Inc.
Infinity Announces Hedgehog Pathway Preclinical Data in Ovarian Cancer
CAMBRIDGE, Mass., Feb. 9, 2009 (GLOBE NEWSWIRE) -- Infinity Pharmaceuticals, Inc. (Nasdaq:INFI), an innovative cancer drug discovery and development company, today announced the presentation of preclinical data from the natural product foundation of IPI-926, Infinity's orally-available inhibitor of the Hedgehog pathway, demonstrating significant inhibition of tumor growth in a primary ovarian cancer model.