latest news releases from the newsroom
First Horizon National Corporation
First Horizon Declares Quarterly Stock Dividend On Common Stock
MEMPHIS, Tenn., Jan. 26, 2009 (GLOBE NEWSWIRE) -- First Horizon National Corp.'s (NYSE:FHN) board of directors has approved distribution on April 1, 2009, to holders of its common stock, the regular quarterly dividend payable in common stock. The dividend rate will be 2.6673 percent, which means that 26.673 new dividend shares will be distributed for every 1,000 shares held on the record date of March 13, 2009.
Berkshire Hills Bancorp, Inc.
Berkshire Hills Reports Another Strong Quarter With Fourth Quarter EPS of $0.44 and $2.06 for the Year
PITTSFIELD, Mass., Jan. 26, 2009 (GLOBE NEWSWIRE) -- Berkshire Hills Bancorp (Nasdaq:BHLB) reported fourth quarter earnings totaled $5.2 million, or $0.44 per share. For the year 2008, earnings were $22.2 million, or $2.06 per share. Core earnings per share increased by 8% in 2008, reflecting the benefit of acquisitions and organic growth. GAAP earnings per share increased by 43% due to non-core charges in 2007.
Volterra Semiconductor Corporation
Volterra Reports Fourth Quarter and Fiscal Year 2008 Financial Results
FREMONT, Calif., Jan. 26, 2009 (GLOBE NEWSWIRE) -- Volterra Semiconductor Corporation (Nasdaq:VLTR), a leading provider of high-performance analog and mixed-signal power management semiconductors, today reported financial results for its fourth quarter and fiscal year ended December 31, 2008.
Heritage Oaks Bancorp
Heritage Oaks Bancorp Earns $1.6 Million in 2008; Includes $12.2 Million Loan Loss Provision for 2008
PASO ROBLES, Calif., Jan. 26, 2009 (GLOBE NEWSWIRE) -- Heritage Oaks Bancorp (Nasdaq:HEOP), the parent company of Heritage Oaks Bank, today reported that following a $6.0 million provision for loan losses, it had a net loss of $1.3 million, or $0.16 per diluted share, for the fourth quarter of 2008, compared to net income of $2.0 million, or $0.25 per diluted share, in the fourth quarter a year ago. For the full year, following a $12.2 million provision for loan losses, Heritage Oaks earned $1.6 million, or $0.21 per diluted share, compared to $6.9 million, or $0.96 per diluted share, in 2007.
Virtual Radiologic Corporation
Virtual Radiologic Promotes Rob Kill to CEO in Planned Succession
MINNEAPOLIS, Jan. 26, 2009 (GLOBE NEWSWIRE) -- Virtual Radiologic Corporation (Nasdaq:VRAD) today announced that Rob Kill has been appointed chief executive officer effective January 26, 2009 as part of a leadership succession plan designed for the Company's next phase of growth. Kill succeeds Co-Founder Dr. Sean Casey, who will remain as chairman of the board.
Reliv International, Inc.
Reliv Kalogris Foundation Provided Free Nutrition to 42,000 Daily in 2008
CHESTERFIELD, Mo., Jan. 26, 2009 (GLOBE NEWSWIRE) -- The Reliv Kalogris Foundation raised approximately $980,000 in 2008, R. Scott Montgomery, chairman of the Reliv Foundation, announced today. The Foundation used the funds to supply free nutritional supplements every day to more than 42,000 impoverished people, mostly children, in 10 countries.