latest news releases from the newsroom
Microsemi Acquires SEMICOA
IRVINE, Calif., July 15, 2008 (PRIME NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, today announced its acquisition of substantially all of the assets of SEMICOA.
FCStone Group, Inc.
FCStone Group, Inc. Board of Directors Authorizes $20 Million Stock Repurchase Program
KANSAS CITY, Mo., July 15, 2008 (PRIME NEWSWIRE) -- FCStone Group, Inc. (Nasdaq:FCSX) announced today that its board of directors has authorized the repurchase of up to $20 million of its outstanding common stock from time to time during the next 90 days in open market purchases and private transactions as permitted by securities laws and other legal requirements and subject to factors such as market price, the Company's operating results and available cash, general economic and market conditions, and other considerations the company deems prudent.
Riverview Bancorp, Inc.
Riverview Bancorp Inc. Earns $793,000 in First Quarter; Net Loans Increase 15 Percent to $764 Million
VANCOUVER, Wash., July 15, 2008 (PRIME NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today reported that following a $2.75 million addition to its loan loss reserve, net income for the first quarter of fiscal 2009 was $793,000, or $0.07 per diluted share, compared to $2.8 million, or $0.25 per diluted share in the first quarter of fiscal 2008. The increased loan loss provision is due partly to trends in the risk rating migration of certain loans in the loan portfolio, as well as regional market conditions with regard to the decrease in home and land values.