latest news releases from the newsroom
PennFed Financial Services, Inc.
New York Community Bancorp, Inc. and PennFed Financial Services, Inc. Announce the Receipt of FDIC Approval of the Merger of Penn Federal Savings Bank With and Into New York Community Bank
WESTBURY, N.Y. and WEST ORANGE, N.J., Feb. 20, 2007 (PRIME NEWSWIRE) -- New York Community Bancorp, Inc. (NYSE:NYB), the $28.5 billion holding company for New York Community Bank and New York Commercial Bank, and PennFed Financial Services, Inc. (Nasdaq:PFSB) ("PennFed"), the $2.3 billion holding company for Penn Federal Savings Bank, today announced that the Federal Deposit Insurance Corporation (the "FDIC") has approved the merger of Penn Federal Savings Bank with and into New York Community Bank. The merger is expected to be completed immediately following the acquisition of PennFed by New York Community Bancorp.
Wavestream Forms U.S. Distribution Deal With Satcom Resources
SAN DIMAS, Calif., Feb. 20, 2007 (PRIME NEWSWIRE) -- Wavestream Corporation (www.wavestream.com), a manufacturer of a new generation of compact high-efficiency solid-state power amplifiers, today announced a distribution deal with Satcom Resources, worldwide specialists in VSAT and satellite ground station equipment that enable data, voice and video communication. Satcom Resources will be a U.S.-based distributor for Wavestream's Ku-band Feedmount Block Upconverters (BUC). The partnership gives Satcom Resources' customers access to leading-edge products and gives Wavestream heightened presence within Satcom Resources' established markets.
Tampa Bay Devil Rays Again Select FieldTurf for Tropicana Field
ST. PETERSBURG, Fla., Feb. 20, 2007 (PRIME NEWSWIRE) -- Tropicana Field, the home of Major League Baseball's Tampa Bay Devil Rays, will install the latest-and-greatest version of FieldTurf, it was formally announced today by Devil Rays President Matt Silverman and FieldTurf CEO John Gilman. The installation process has begun and the new FieldTurf will debut when the Devil Rays close their 2007 exhibition season at Tropicana Field on March 31 against the New York Mets. The Rays will play their first regular season game on their new state-of-the-art surface on April 6 when they host the Toronto Blue Jays in their '07 home opener.
Overseas Shipholding Group, Inc.
OSG to Announce Fourth Quarter and Fiscal 2006 Earnings On February 27, 2007
NEW YORK, Feb. 20, 2007 (PRIME NEWSWIRE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, announced today that it plans to release its fourth quarter and fiscal 2006 results on Tuesday, February 27, 2007 at approximately 7:00 a.m. ET, and will host a conference call at 11:00 a.m. ET on the same day. All interested parties are invited to participate by calling (800) 435-1398 within the United States and (617) 614-4078 for international calls. A participate passcode number 20038277 is required. A webcast of the conference call and an accompanying slide presentation will be available on Overseas Shipholding Group's website at www.osg.com in the Investor Relations Webcasts and Presentations section.
AmTrust Financial Services, Inc.
AmTrust Financial Services Announces 2006 Fourth-Quarter Earnings Release Date and Conference Call Information
NEW YORK, Feb. 20, 2007 (PRIME NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) announced today that it will release 2006 fourth-quarter and year-end earnings following the close of the market on Thursday, February 22, 2007. On the following day, Friday, February 23, 2007, at 10 a.m. ET, the Company will hold a conference call, which can be accessed as follows: