latest news releases from the newsroom
STEC Appoints Raymond D. Cook to be Chief Financial Officer
SANTA ANA, Calif., Nov. 3, 2008 (GLOBE NEWSWIRE) -- STEC, Inc. (Nasdaq:STEC) announced today that Raymond D. Cook has been appointed the Company's Chief Financial Officer effective November 11, 2008. Mr. Cook will succeed Dan Moses, who is retiring as Chief Financial Officer on November 10, 2008, but will remain an employee for a limited period of time to assist with Mr. Cook's transition. Mr. Moses will continue to serve on the Company's Board of Directors.
Seiwa Kaiun Strives for Supply Chain Excellence With Manhattan Associates
TOKYO and ATLANTA, Nov. 3, 2008 (GLOBE NEWSWIRE) -- Global supply chain optimisation provider Manhattan Associates, Inc. (Nasdaq:MANH) today announced that Seiwa Kaiun Co., Ltd., a leading Japan-headquartered international logistics service provider, has selected Manhattan ILS(tm): Integrated Logistics Solutions, built on Microsoft(r).NET, to support growth both at home and in international markets.
BankFinancial Corporation Reports Third Quarter 2008 Financial Results --- Results Include Previously Announced Freddie Mac Preferred Stock Impairment Charge That is Expected to Produce $10.1 Million Tax Benefit in Fourth Quarter
BURR RIDGE, Ill., Nov. 3, 2008 (GLOBE NEWSWIRE) -- BankFinancial Corporation (Nasdaq:BFIN) ("BankFinancial") reported a net loss of $25.1 million for the third quarter of 2008. The $25.1 million net loss for the third quarter includes a $24.8 million, pre-tax impairment loss and the establishment of a temporary valuation allowance for deferred income taxes on the preferred stocks of Freddie Mac, a government sponsored entity, that BankFinancial holds in its investment portfolio. Our loss per share of common stock for the three months ended September 30, 2008 was $1.27 and $1.26 per basic and fully diluted share, respectively, compared to earnings of $0.11 per share for the three-month period ending September 30, 2007.