latest news releases from the newsroom
Murray, Frank & Sailer LLP
Rabin, Murray & Frank LLP Commences Class Action Against Franklin Resources, Inc. and Certain of its Affiliates, Daniel Calugar, Security Brokerage, inc., and DCIP, l.p. on Behalf of Purchasers of the Franklin Family of Funds -- FGRAX, FBDIX, FKDNX, FRGUX
NEW YORK, Feb. 12, 2004 (PRIMEZONE) -- Rabin, Murray & Frank LLP announces that a class action lawsuit was filed in the United States District of the Northern District of California on February 12, 2004, on behalf of purchasers of Franklin Aggressive Growth Fund (Nasdaq:FRAAX), (Nasdaq:FKABX), (Nasdaq:FKACX), (Nasdaq:FKARX); Franklin Biotechnology Discovery Fund (Nasdaq:FBDIX); Franklin DynaTech Fund (Nasdaq:FDNBX), (Nasdaq:FDYNX); Franklin Global Communications Fund (Nasdaq:FRGUX); and other securities of the Franklin family of funds (the "Funds") operated by Franklin Resources, Inc. (NYSE:BEN) and its subsidiaries between February 6, 1999 and February 4, 2004, inclusive (the "Class Period"), seeking remedies under the Securities Exchange Act of 1934, the Securities Act of 1933 and the Investment Advisers Act of 1940.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast February 26, 2004 First Quarter 2004 Earnings Conference Call Live
HUNTINGDON VALLEY, Pa., Feb. 12, 2004 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its first quarter 2004 results and outlook for the future. The event, scheduled for 4:00 p.m. (EST) on Thursday, February 26, 2004, will follow announcement of the Company's first quarter 2004 results for earnings, revenues, contracts and backlog earlier the same day. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
Ohio Legacy Corp
Ohio Legacy Corp. Announces Fourth Quarter and Full Year Results
WOOSTER, Ohio, Feb. 12, 2004 (PRIMEZONE) -- Ohio Legacy Corp. (Nasdaq:OLCB), the parent of Ohio Legacy Bank, N.A., today reported net income for the three months ending December 31, 2003, of $188,000 or $0.08 per share, compared to $71,000, or $0.07 per share, during the fourth quarter of 2002. Net income for the full fiscal year was $609,000, or $0.29 per share, during 2003 compared to a loss of ($51,000) in fiscal 2002. This represents the Company's first full year and sixth consecutive quarter of profitability since its inception in October of 2000. During the year ended December 31, 2003, total assets increased 16.9% to $159.1 million from $136.1 million at December 31, 2002. During the fourth quarter of 2003, net loans increased $9.3 million, or 9.4%, to $108.8 million, capping off a 39% annual increase in net loans from the end of last year.
CAPCO Energy, Inc.
Capco Acquires Wells and Platforms in Offshore Gulf Coast, Texas
ORANGE, Calif., Feb. 12, 2004 (PRIMEZONE) -- Capco Energy, Inc. (OTCBB:CGYN), today announced that the Company has closed on an acquisition from Dominion and others in the Brazos field, offshore in Matagorda County, Texas. The Company shall have a 90% working Interest and shall be the operator of these wells. In addition to an earlier announced acquisition, the Company now has a total of 31 wells in the Brazos field. The Company has 3 wells on line in the Brazos field producing 2.5 million cubic feet a day. The Company has selected 10 wells to be placed on line by September 30 2004 and the balance of the wells are being evaluating for additional potential, after review of the production files and well logs.
United Online, Inc.
USATODAY.com Signs Content Deal With United Online
WESTLAKE VILLAGE, Calif., Feb. 12, 2004 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), the nation's leading provider of value-priced Internet and e-mail access services, and USATODAY.com, the online site of the nation's top-selling newspaper USA TODAY, today announced that USATODAY.com has become the exclusive provider of news and headlines for United Online's NetZero, Juno and BlueLight Internet services, including NetZero HiSpeed and Juno SpeedBand. Specific terms of the deal were not disclosed.
Endovasc Provides Status Report on its $200 Million Case Against Alleged Stock Manipulators
MONTGOMERY, Texas , Feb. 12, 2004 (PRIMEZONE) -- Endovasc Inc. (OTCBB:EVSC), a drug development company that pioneers new cardiovascular and metabolic drug therapies, announced today an update on the Company's civil lawsuit against J.P. Turner & Co. LLC et al Inc., Number 02-CV-7313, in the United States District Court, Southern District of New York. The complaint is for damages as a result of an alleged fraud and stock manipulation. The Company is seeking monetary damages in excess of $200,000,000.
Leadership Atlanta Announces The Creation Of A New Program, L.E.A.D. Atlanta
ATLANTA, Feb. 12, 2004 (PRIMEZONE) -- Leadership Atlanta, an organization that cultivates community leaders, has announced the creation of a new program called L.E.A.D. Atlanta, which stands for leadership, education, action and direction. The program is designed for young professionals, between 25 and 32 years old, and will take them through a nine-month curriculum that includes lessons about government and ethics, appreciating and managing diversity, and board stewardship and governance.