latest news releases from the newsroom
NewStar Financial, Inc.
NewStar Reports Third Quarter Results
BOSTON, Nov. 5, 2008 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), a Boston-based commercial finance company, today reported adjusted net income for the third quarter of 2008 of $7.4 million, or $0.15 per diluted share. On a GAAP basis, the Company reported net income of $7.6 million, or $0.16 per diluted share, which reflected a $1.1 million after-tax non-cash equity compensation expense related to the 2006 IPO, offset by $1.3 million to reflect the tax impact of timing differences related to the recognition of losses on a prior asset sale.
T-3 Energy Services, Inc.
T-3 Energy Services, Inc. Announces Earnings for Third Quarter 2008
HOUSTON, Nov. 5, 2008 (GLOBE NEWSWIRE) -- T-3 Energy Services, Inc. ("T-3 Energy") (Nasdaq:TTES) reported third quarter 2008 net income from continuing operations of $4.7 million, or $0.37 per diluted share, which included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.18 per diluted share, respectively. Net income from continuing operations is down 35% and 36%, respectively, from $7.2 million or $0.58 per diluted share for the third quarter of 2007. Year to date 2008 net income from continuing operations of $21.7 million, or $1.69 per diluted share, included the negative impact of hurricanes and the cost for strategic alternatives of $0.24 and $0.31 per diluted share, respectively. Net income from continuing operations was up 21% and 11%, respectively, from $18.0 million, or $1.52 per diluted share reported during 2007.
Generex Biotechnology Corp.
Generex Biotechnology Submits Syrian Dossier
WORCESTER, Mass., Nov. 5, 2008 (GLOBE NEWSWIRE) -- Generex Biotechnology Corporation (Nasdaq:GNBT) (www.generex.com), the leader in drug delivery for metabolic diseases through the inner lining of the mouth, submitted its product dossier to the Ministry of Health in Damascus, Syria on Sunday.
Brightpoint Reports Third Quarter 2008 Financial Results
PLAINFIELD, Ind., Nov. 5, 2008 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) reported its financial results for the third quarter ended September 30, 2008. Unless otherwise noted, amounts pertain to the third quarter of 2008.
Crown Crafts, Inc.
Crown Crafts, Inc. to Announce Results for Second Quarter of Fiscal Year 2009
GONZALES, La., Nov. 5, 2008 (GLOBE NEWSWIRE) -- Crown Crafts, Inc. (Nasdaq:CRWS) intends to release the results of its operations for the second quarter of fiscal year 2009 before the market opens on Wednesday, November 12, 2008. E. Randall Chestnut, Chairman, President and Chief Executive Officer and Olivia W. Elliott, Vice President and Chief Financial Officer will host a teleconference at 1:00 p.m. Central Standard Time on that day to discuss the Company's results and answer appropriate questions.