latest news releases from the newsroom
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Third Quarter Financial Information
SPOKANE, Wash., Oct. 24, 2005 (PRIMEZONE) -- Northwest Bancorporation, Inc. (OTCBB:NBCT) President & CEO Randall L. Fewel today announced third-quarter after-tax earnings for the company of $636,837 which is a 14.3% improvement over the $557,029 earned during the same quarter last year. Fully diluted earnings per share for the third-quarter improved to $0.30 from $0.26 per share. For the nine-months, year-to-date, earnings report at $1,593,837, a 13.8% increase over earnings of $1,400,308 reported for the same period in 2004. Year-to-date earnings per share improved to $0.74, compared to $0.66 per share last year. Prior year per share results have been adjusted to account for a five-percent stock dividend paid in June 2005. Annualized return on average assets for the nine-months year-to-date reports at 0.92%, with return on average equity reporting at 10.33%.
Federal Home Loan Bank of Cincinnati
FHLBank Cincinnati Schedules Workshops for $15 Million 'New Neighbors' Hurricane Housing Assistance
CINCINNATI, Oct. 24, 2005 (PRIMEZONE) -- A $15 million fund for housing hurricane evacuees, established by the Federal Home Loan Bank of Cincinnati (FHLBank) Board of Directors, will be unveiled in a series of eight "New Neighbors" workshops throughout the FHLBank district of Kentucky, Ohio and Tennessee, November 7-10. Workshops are targeted to FHLBank member institutions and area housing providers. Grants of up to $20,000 per household will be awarded to FHLBank member institutions for the acquisition, rehabilitation or new construction of rental or owner-occupied housing.
Adsero Corp. Extends Turbon Acquisition Date
MONTREAL, Oct. 24, 2005 (PRIMEZONE) -- Adsero Corp. (OTCBB:ADSO), a North American leader in the printer cartridge remanufacturing industry, is pleased to announce that as a result of meetings between Adsero Corp. and Turbon AG management, the date related to the agreement to acquire treasury stock of Turbon AG has been extended to November 4, 2005. All other terms related to the agreement remain unchanged.
Junior League of Orange County California
The Junior League of Orange County, CA, Inc. 30th Annual Christmas Company Raises $265,000 for Local Projects
NEWPORT BEACH, Calif., Oct. 24, 2005 (PRIMEZONE) -- The 30th annual Junior League of Orange County, California, Inc., (JLOCC) Christmas Company Opening Night Gala and Shopping Extravaganza raised approximately $265,000 for local charitable projects. Due to the event's theme "Christmas in the Quarter," which was chosen over a year ago, $10,000 will be sent to the Rebuilding Together Hurricane Relief Fund to benefit the citizens of New Orleans.
Mack Introduces a New Range of Trucks
GOTEBORG, Sweden, Oct. 24, 2005 (PRIMEZONE) -- AB Volvo subsidiary Mack Trucks, Inc., has introduced a complete new range of vehicles designed to meet the demands of both highway and construction customers, along with a new 11-liter engine that features the base architecture necessary to meet forthcoming emissions standards.