latest news releases from the newsroom
Barnwell Industries, Inc.
Barnwell Industries, Inc. Reports Year-End and Fourth Quarter Results
HONOLULU, Dec. 8, 2008 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc., (AMEX:BRN) today reported net earnings of $11,732,000 ($1.39 per share - diluted) for the year ended September 30, 2008, as compared to net earnings of $3,516,000 ($0.41 per share - diluted) for the year ended September 30, 2007. For the quarter ended September 30, 2008, Barnwell reported net earnings of $3,195,000 ($0.38 per share - diluted) as compared to net earnings of $401,000 ($0.05 per share - diluted) for the quarter ended September 30, 2007.
Microsemi Introduces 140W Power Transistor for ELM Avionic Transmitters
IRVINE, Calif., Dec. 8, 2008 (GLOBE NEWSWIRE) -- Microsemi Corporation (Nasdaq:MSCC), a leading manufacturer of high performance analog mixed signal integrated circuits and high reliability semiconductors, has announced the release of a new 140W power transistor for Mode S extended length message (ELM) avionics applications.
Kratos Defense & Security Solutions, Inc.
Kratos Awarded Foreign Military Sales Weapon Systems Task Valued At Approximately $9.6 Million
SAN DIEGO, Dec. 8, 2008 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense, IT and security solutions provider, today announced the award to its Madison Research Division in Huntsville, Alabama of a new 18-month Engineering Assignment (EA) valued at approximately $9.6 million. This fully-funded EA award for continued support of Foreign Military Sales (FMS) legacy weapon systems comes under the company's existing multi-year support task order with teammate ARINC Engineering Services, LLC. This is the largest fully-funded engineering assignment under this contract awarded to-date and brings the total funding of all tasks awarded to Kratos under this contract to approximately $65 million.
Exide Technologies Adopts Stockholder Rights Plan
ALPHARETTA, Ga., Dec. 8, 2008 (GLOBE NEWSWIRE) -- Exide Technologies (Nasdaq:XIDE) (www.exide.com), a global leader in stored electrical solutions, announced today that its Board of Directors has adopted a stockholder rights plan. The plan is intended to protect the Company and its stockholders from potentially coercive takeover practices or takeover bids that are inconsistent with the interests of the Company and its stockholders. The plan is not intended to deter offers that are fair and otherwise in the best interests of the Company and all of the Company's stockholders. The adoption of a stockholder rights plan is a well-accepted approach to ensuring that all stockholders receive a fair price and are treated equally in the event of a takeover.