latest news releases from the newsroom
Gateway Financial Holdings, Inc.
Gateway Financial Holdings Authorizes Stock Buyback
VIRGINIA BEACH, Va., April 30, 2007 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., announced that its board of directors has approved a plan to repurchase up to 500,000 shares of its common stock beginning in June 2007. The company will buy the shares in accordance with Securities and Exchange Commission rules and intends to purchase the shares periodically. The shares purchased pursuant to the plan will be retired. The company also intends to enter into a 10b5-1 plan with respect to the stock repurchases.
Summit State Bank
Summit State Bank Reports First Quarter Earnings and Declaration of Dividend
SANTA ROSA, Calif., April 30, 2007 (PRIME NEWSWIRE) -- Summit State Bank (Nasdaq:SSBI) today reported net income of $592,000 or $0.12 per diluted share for the quarter ended March 31, 2007, compared to net income of $750,000 or $0.22 per diluted share for the first quarter of 2006. Also the Board of Directors declared a dividend of nine cents per share on the Company's common Stock. Earnings and dividends per share information for all periods presented give effect to the 2-for-1 stock split issued in June 2006.
Allion Healthcare, Inc.
Allion Healthcare, Inc. Announces First Quarter 2007 Financial Results Date and Conference Call
MELVILLE, N.Y., April 30, 2007 (PRIME NEWSWIRE) -- Allion Healthcare, Inc. (Nasdaq:ALLI), a national provider of specialty pharmacy and disease management services focused on HIV/AIDS patients, will announce financial results for the first quarter ended March 31, 2007 after the close of U.S. financial markets on Wednesday, May 9, 2007. An accompanying conference call to discuss the results will be held at 5:00 p.m. ET; 2:00 p.m. PT on Wednesday, May 9, 2007.
Credit Acceptance Corporation
Credit Acceptance Announces First Quarter 2007 Earnings
SOUTHFIELD, Mich., April 30, 2007 (PRIME NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $15.4 million, or $0.49 per diluted share, for the three months ended March 31, 2007 compared to consolidated net income of $17.2 million, or $0.45 per diluted share for the same period in 2006. Refer to the Company's Form 10-Q, filed today with the Securities and Exchange Commission, and which will appear on the Company's website at creditacceptance.com, for a complete discussion of the results of operations and financial data for the three months ended March 31, 2007.
Vascular Solutions, Inc.
Vascular Solutions Announces Initial Sales of Thrombi-Pad 3x3 Hemostat to King Pharmaceuticals
MINNEAPOLIS, April 30, 2007 (PRIME NEWSWIRE) -- Vascular Solutions, Inc. (Nasdaq:VASC) announced today that, pursuant to a series of agreements entered into by Vascular Solutions and King Pharmaceuticals, Inc. in January 2007, Vascular Solutions has provided King with initial launch quantities of the Thrombi-Pad(tm) 3x3 hemostatic pad for the control of moderate to severe bleeding. King's hospital field sales force will promote the product for use in trauma and emergency medical settings. Vascular Solutions expects to receive a $1 million milestone payment from King resulting from the first sale of Thrombi-Pad by King to end-users during May.