latest news releases from the newsroom
BlueLinx and CCA Global Partners Form Strategic Relationship to Distribute Prefinished Flooring
ATLANTA, July 16, 2007 (PRIME NEWSWIRE) -- BlueLinx Holdings Inc. (NYSE:BXC), a leading distributor of building products in North America, and CCA Global Partners, Inc., North America's largest floor covering specialty group, jointly announced a strategic relationship under which BlueLinx will provide CCA Global with comprehensive logistics and product management services for the company's private label Global Direct flooring product line. This new business arrangement was designed specifically to serve CCA's national specialty floor covering group. BlueLinx will deliver Global Direct Flooring to CCA retailers, provide customer service, manage inventory and accounts receivable as well as create demand for the Global Direct flooring line.
Moore-Handley Reports Results of Operations for the Quarter Ended June 30, 2007
BIRMINGHAM, Ala., July 16, 2007 (PRIME NEWSWIRE) -- Moore-Handley, Inc. (Pink Sheets:MHCO), a Birmingham-based distributor of hardware and home center products, reported a net loss of $189,000 or $0.12 per diluted share for the quarter ended June 30, 2007 vs. net income of $333,000 or $0.20 per diluted share for the same period in 2006.
Entropic Communications Adds VP of RF Engineering to Management Team
SAN DIEGO, July 16, 2007 (PRIME NEWSWIRE) -- Entropic Communications, Inc., a leading technology solutions provider for connected home entertainment, today announced that Charles Persico has joined the company as its vice president of RF engineering. Charles was formerly the senior vice president of engineering at Qualcomm, leading RF/Analog IC design, product and test in Qualcomm's CDMA technology division. In his new role at Entropic, Charles will lead the development of the company's RF engineering capabilities, including RF system and RF integrated circuit functions.
OptimumBank Holdings, Inc.
OptimumBank Holdings Announces Quarterly and Six-Month Results
FORT LAUDERDALE, Fla., July 16, 2007 (PRIME NEWSWIRE) -- OptimumBank Holdings, Inc. (Nasdaq:OPHC), the holding company for OptimumBank, reported net income of $387,004, or $.13 per basic share, for the second quarter ended June 30, 2007, as compared to net income of $487,100, or $.16 per basic share, for the prior year quarter ended June 30, 2006. Net income for the six-month period ended June 30, 2007 was $801,977, or $.27 per basic share, as compared to $1,003,412, or $.34 per basic share, for same period last year. Chairman of the Board Albert Finch said, "We are effectively on budget for the first six months of this year and with the Company's strong asset quality, we are expecting good results as the year progresses." Just recently, on June 12, 2007, the Company declared a 5% stock dividend for the second year in a row. Mr. Finch noted, "We are looking positively to the future and want to continue to reward shareholder loyalty."