latest news releases from the newsroom
Highway Holdings Limited
Highway Holdings Limited Declares Annual Cash Dividend
HONG KONG, July 15, 2004 (PRIMEZONE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced that its board of directors has declared an annual cash dividend of $0.10 per share on the company's common stock for the fiscal year ended March 31, 2004. The dividend will be paid August 3, 2004, to shareholders of record on July 28, 2004.
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Second Quarter Financial Information
SPOKANE, Wash., July 15, 2004 (PRIMEZONE) -- Northwest Bancorporation, Inc. (OTCBB: NBCT) President & CEO, Randall L. Fewel, announced today that net income for the quarter ended June 30, 2004 was $436,139; this is an 8.2% improvement when compared to net income of $403,025 earned in the second-quarter of 2003. Fully diluted earnings per share improved to $0.21 for the quarter ended June 30, 2004 when compared to earnings of $0.20 per share for the quarter ended June 30, 2003. Six-month year-to-date earnings have improved 8.6%, from $776,777 in 2003 to $843,279 this year, with fully diluted earnings per share of $0.42 in 2004, compared to $0.39 for the same period last year. Prior-year results have been adjusted to incorporate the effect of a five-percent stock dividend paid in June 2004. For the first-half of the year, annualized return on average assets is 0.79% and annualized return on average equity is 9.00%. Total assets for the company were $224 million on June 30th, an increase of 6.4% when compared to the same date last year.
Occidental Petroleum Corp.
Occidental Petroleum Declares Dividend
LOS ANGELES, July 15, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.275 per share on common stock payable October 15, 2004, to stockholders of record on September 10, 2004.
Transmeridian Exploration, Inc.
Transmeridian Schedules Conference Call
HOUSTON, July 15, 2004 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) will hold a conference call at 10:30 a.m. CST on Monday, July 19, 2004. The phone number for the conference call is (800) 615-0825. Callers outside the United States and Canada can access the call by dialing (706) 643-3612. A recording of the call will be available for seven days by dialing (800) 642-1687. The conference code is "8816472".
Harwood Feffer LLP
Wechsler Harwood LLP Announces Class Action Against Red Hat, Inc. and Certain of Its Officers with Securities Fraud -- RHAT
NEW YORK, July 15, 2004 (PRIMEZONE) -- Wechsler Harwood LLP announces that it has been retained to file a federal securities fraud class action against Red Hat, Inc. ("Red Hat" or the "Company") (Nasdaq:RHAT), Matthew J. Szulik, Kevin B. Thompson, Timothy J. Buckley, Paul J. Cormier, and Mark H. Webbink on behalf of purchasers of RHAT securities, during the period between March 19, 2002 and July 12, 2004 (the "Class Period").