latest news releases from the newsroom
NewStar Financial, Inc.
NewStar Reports Fourth Quarter Results
BOSTON, Feb. 18, 2009 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS), a Boston-based commercial finance company, today reported adjusted net income for the fourth quarter of 2008 of $5.1 million, or $0.11 per diluted share. On a GAAP basis, the Company reported net income of $2.8 million, or $0.06 per diluted share, which reflected $2.1 million after-tax non-cash equity compensation expense related to the 2006 IPO and $0.3 million to reflect the tax impact of timing differences related to the recognition of losses on a prior asset sale.
Fundtech Reports Financial Results for the Fourth Quarter of 2008 and Full Year 2008
JERSEY CITY, N.J., Feb. 18, 2009 (GLOBE NEWSWIRE) -- Fundtech Ltd. (Nasdaq:FNDT), a leading provider of global electronic payment, settlement and cash management solutions, today announced financial results for the fourth quarter and full year ended December 31, 2008. Fundtech posted quarterly revenues of $29.8 million, a 1% increase year-over-year, compared to fourth quarter revenues of $29.4 million in 2007, and a 5% decline compared to third quarter 2008 revenues of $31.5 million.
Neutral Tandem, Inc. Announces Annual Meeting of Stockholders Scheduled for May 28, 2009 in Chicago, Illinois
CHICAGO, Feb. 18, 2009 (GLOBE NEWSWIRE) -- Neutral Tandem, Inc. (Nasdaq:TNDM) ("Neutral Tandem"), announced that it plans to hold its Annual Meeting of Stockholders on Thursday, May 28, 2009, at 8:00 a.m., Central Time. The meeting will be held in the Superior Room at the UBS Tower located at One North Wacker Drive, Chicago, Illinois 60606.
Lexicon Pharmaceuticals, Inc.
Lexicon to Report Fourth Quarter and Year End 2008 Financial Results On February 25, 2009
THE WOODLANDS, Texas, Feb. 18, 2009 (GLOBE NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq:LXRX) will release its fourth quarter and year end 2008 financial results on Wednesday, February 25, 2009 before the financial markets open. Lexicon management will hold a conference call to discuss its clinical development progress and financial results for fourth quarter and year end 2008 at 11:00 a.m. Eastern Time on February 25, 2009.