latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Completes Acquisition of Essex Corporation
LOS ANGELES, Jan. 25, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) announced today that it has completed the acquisition of Essex Corporation, having acquired 100 percent of the shares of Essex common stock for $24 per share. The cash transaction is valued at approximately $580 million, which includes the assumption of Essex's debt.
First Solar, Inc.
First Solar, Inc. to Announce 2006 Fourth Quarter and Year End Financial Results On February 13, 2007
PHOENIX, Ariz., Jan. 25, 2007 (PRIME NEWSWIRE) -- First Solar, Inc. (Nasdaq:FSLR) will report financial results for the fourth fiscal quarter & year ending December 30, 2006, on Tuesday, February 13, 2007 at 4:30 p.m. EST. To participate in the conference call, please dial (800) 819-9193 or (913) 981-4911. Investors may also access a live audio web cast of this conference call on the investors section of the Company's website at www.firstsolar.com.
First State Financial Corporation
First State Financial Corporation Announces Record Net Income for 2006, a 39 Percent Increase Over 2005
SARASOTA, Fla., Jan. 25, 2007 (PRIME NEWSWIRE) -- First State Financial Corporation (Nasdaq:FSTF) reported record earnings for the year ended December 31, 2006. Net income for 2006 was a record $5.3 million, an increase of 39% over the previous year end net income of $3.8 million. On a per diluted share basis, earnings were $0.90 for 2006, up 38% from $0.65 in 2005. Net income for the fourth quarter of 2006 was $1.5 million, an increase of 20% over the fourth quarter of 2005 net income of $1.2 million. On a per diluted share basis, earnings were $0.24 for the fourth quarter of 2006 and $0.21 for the fourth quarter of 2005. Diluted earnings per share for the fourth quarter of 2006 increased 14% over the fourth quarter 2005.
Central Jersey Bancorp
Central Jersey Bancorp Reports Earnings for the Three Months and Year Ended December 31, 2006
LONG BRANCH, N.J., Jan. 25, 2007 (PRIME NEWSWIRE) -- Central Jersey Bancorp (Nasdaq:CJBK), the parent company of Central Jersey Bank, N.A., reported net income of $2.5 million for the year ended December 31, 2006, as compared to $2.6 million for 2005. Basic and diluted earnings per share for the year ended December 31, 2006 were $0.30 and $0.28, respectively, as compared to $0.32 and $0.30, respectively, for the prior year.
Phase 1/2 Clinical Trial Results to be Published Reporting Beneficial Effects of OrthoLogic's Chrysalin (TP508) in Treatment of Diabetic Foot Ulcers
TEMPE, Ariz., Jan. 25, 2007 (PRIME NEWSWIRE) -- OrthoLogic Corp. (Nasdaq:OLGC) today announced that an article by Fife, et al entitled "Thrombin peptide Chrysalin(R) stimulates healing of diabetic foot ulcers in a placebo-controlled Phase I/II study" will appear in the January 2007 edition of Wound Repair and Regeneration. The randomized, double-blind, placebo-controlled study describes statistically and clinically significant results achieved with twice-weekly topical application of Chrysalin, combined with good wound care and standard off-loading, in subjects with chronic diabetic foot ulcers. The study was conducted by Chrysalis BioTechnology prior to its acquisition by OrthoLogic in 2004.
First Capital, Inc.
First Capital, Inc. Reports 2006 Earnings Results
CORYDON, Ind., Jan. 25, 2007 (PRIME NEWSWIRE) -- First Capital, Inc. (Nasdaq:FCAP), the holding company for First Harrison Bank (the "Bank"), today reported net income of $3.7 million or $1.30 per diluted share for the year ended December 31, 2006, compared to $3.7 million or $1.29 per diluted share for the year ended December 31, 2005. The earnings per share figure for 2005 has been adjusted to account for the stock dividend declared on June 19, 2006.