latest news releases from the newsroom
NewStar Financial, Inc.
NewStar Completes Initial Closing of Previously Announced Private Placement of Common Stock
BOSTON, Nov. 29, 2007 (PRIME NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), a Boston-based specialty finance company, announced today that it has completed the initial closing of its previously announced private placement of 12.5 million shares of common stock, which was priced at $10.00 per share. At the initial closing, the company issued approximately 7.25 million shares of common stock and received gross proceeds of approximately $72.5 million.
Capital City Bank Group, Inc.
Capital City Bank Group, Inc. Announces Quarterly Dividend
TALLAHASSEE, Fla., Nov. 29, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (Nasdaq:CCBG) raised the Company's quarterly cash dividend 5.71% to $.1850 per common share outstanding from the $.1750 per share. The cash dividend is payable December 20, 2007, to shareowners of record as of December 6, 2007. The dividend yield is 2.51%, based on a closing stock price of $29.49 on Wednesday, November 28.
S2C Global Systems Inc.
S2C Global Systems To Commence Operations in Texas
LAS VEGAS, Nov. 29, 2007 (PRIME NEWSWIRE) -- S2C Global Systems (OTCBB:STWG) (http://www.s2cglobal.com), designer and developer of the "S2C Aquaduct" commercial vending system that delivers pre-packaged, 5-gallon, bottled water from the bottling plant to the consumer, previously announced its intended entry into the Houston Market (January 2007) and an assembly plant in Dallas(July 2007). The Company stepped back from the Houston installation until it felt it was ready to proceed with its full market development strategy that included 200 units in Houston, 100 in San Antonio and 160 in Dallas, along with installations in other municipalities in Texas, that could support the S2C system. Management has now secured a major bottler and two Property Management firms with hundreds of shopping centers throughout the target markets in Texas. This means that S2C Global has an ongoing supply of product and locations to fulfill its mandate. Management is currently working to finalize the North American assembly plant in Dallas that will be capable of fulfilling its domestic requirements in the United States and the international requirements in Angola, Britain, and Canada.