latest news releases from the newsroom
Advanced Control Systems
EFACEC Locates $100 Million Transformer Manufacturing Facility in Southeast Georgia
ATLANTA, Nov. 7, 2007 (PRIME NEWSWIRE) -- Group EFACEC, a leading supplier of automation systems and infrastructure solutions to the global energy and transport sectors, announced plans yesterday to build a new $100 Million, state-of-the-art, transformer manufacturing facility in Effingham County, Georgia, near the town of Rincon. The news comes just two weeks after EFACEC announced its acquisition of Atlanta-based Advanced Control Systems.
MMC Energy, Inc.
MMC Energy, Inc. Reports Results For Third Quarter 2007
NEW YORK, Nov. 7, 2007 (PRIME NEWSWIRE) -- MMC Energy, Inc. (Nasdaq:MMCE) announced that for the third quarter ended September 30, 2007, it had net income of approximately $705,000, or .05 cents per share, on revenues of approximately $2.8 million. For the nine months ended September 30, 2007 the Company had net losses of approximately ($1.7 million), or (.22) cents per share, on revenues of approximately $5.4 million.
U-Haul International, Inc.
Honoring Our Nation's Heroes, Past and Present: U-Haul Sponsors 2007 Phoenix Veterans Day Parade
PHOENIX, Nov. 7, 2007 (PRIME NEWSWIRE) -- Join U-Haul on Monday Nov. 12 at 10:30 a.m. as we pay tribute to and support our veterans and troops throughout the world as a sponsor of the 11th Annual 2007 Phoenix Veterans Day Parade. U-Haul will be honoring the men and women of the armed forces by leading the parade with commemorative SuperGraphic trucks which pay homage to the branches of our military. These trucks will be proudly displayed during the 2007 Phoenix Veterans Day Parade.
Hallmark Financial Services, Inc.
Hallmark Financial Services, Inc. Announces Third Quarter 2007 Earnings Results
FORT WORTH, Texas, Nov. 7, 2007 (PRIME NEWSWIRE) -- Hallmark Financial Services, Inc. (Nasdaq:HALL) today reported quarterly net income of $6.6 million for the third quarter ended September 30, 2007 as compared to $4.9 million reported for the third quarter of 2006. On a diluted basis, net income per share was $0.32 for the three months ended September 30, 2007 as compared to $0.27 per share for the same period in 2006. During the quarter ended September 30, 2007, Hallmark reported total revenues of $72.2 million, representing a 28% increase over the $56.4 million in total revenues for the third quarter of 2006.
U-Haul International, Inc.
U-Haul Sponsors the 25th Anniversary of 'The Wall' in D.C.
WASHINGTON, Nov. 7, 2007 (PRIME NEWSWIRE) -- U-Haul proudly supports our troops as one of the key sponsors of The 25th Anniversary of the Vietnam Veterans Memorial Wall. This year's celebration will serve as an official "welcome home" for veterans. The parade celebration will be going down Constitution Avenue and will begin at 11 a.m on November 10, 2007.
Industrial Enterprises of America, Inc.
Industrial Enterprises of America Suspends Chief Financial Officer
NEW YORK, Nov. 7, 2007 (PRIME NEWSWIRE) -- Industrial Enterprises of America, Inc. (Nasdaq:IEAM), today announced that the board of directors of the Company suspended Mr. Jorge Yepes, the Chief Financial Officer of the Company, as of November 6, 2007, pending an interview with counsel retained by the board of directors to conduct an internal integrity review. The review is being conducted to investigate possible violations of the Company's policies and procedures.