latest news releases from the newsroom
Discovery Laboratories, Inc.
Discovery Labs Submits Complete Response to May 2008 FDA Approvable Letter for Surfaxin(r) for RDS
WARRINGTON, Pa., Oct. 17, 2008 (GLOBE NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) today submitted its Complete Response to the May 2008 Approvable Letter issued by the U.S. Food and Drug Administration (FDA) for Surfaxin(r) (lucinactant) for the prevention of Respiratory Distress Syndrome (RDS) in premature infants. The FDA's guidelines provide that by October 31, the FDA will determine the classification of the submission and notify Discovery Labs of its target date for potential approval of Surfaxin. Discovery Labs believes that the FDA may designate the Complete Response as a Class 1 resubmission, which would result in a target review period of sixty-days and potential approval of Surfaxin in 2008.
Central Jersey Bancorp
Central Jersey Bancorp Reports Record Quarterly Net Income of $1.03 Million
LONG BRANCH, N.J., Oct. 17, 2008 (GLOBE NEWSWIRE) -- Central Jersey Bancorp (Nasdaq:CJBK), the parent company of Central Jersey Bank, N.A., reported net income of $1.03 million for the three months ended September 30, 2008, a $394,000, or 62.4%, increase over the $631,000 of net income reported for the same period in 2007. Basic and diluted earnings per share for the three months ended September 30, 2008 were $0.11, as compared to basic and diluted earnings per share of $0.07 for the same period in 2007. The reported net income of $1.03 million was the most ever recorded by Central Jersey Bancorp for a quarter. The significant increase in net income is primarily attributable to a number of key factors including; (i) net interest margin expansion, which is the result of the 2007 balance sheet restructuring initiative, lower funding costs and incremental growth in interest-earning assets; (ii) the realization of gains in the available-for-sale investment securities portfolio due to favorable market conditions; and (iii) cost savings initiatives implemented in the latter part of 2007.
Balchem Corporation Announces Quarterly Conference Call On Third Quarter 2008 Financial Results, October 30, 2008
NEW HAMPTON, N.Y., Oct. 17, 2008 (GLOBE NEWSWIRE) -- Balchem Corporation (Nasdaq:BCPC) today announced that a conference call will be held on Thursday, October 30, 2008 at 2:00 PM Eastern Time (ET) to review third quarter 2008 results. Dino A. Rossi, Chairman, President and CEO, and Frank Fitzpatrick, Chief Financial Officer, will host the call.
Kratos Defense & Security Solutions, Inc.
Kratos Defense & Security Solutions to Present At the Homeland Security Investor Conference On October 22, 2008
SAN DIEGO, Oct. 17, 2008 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading national defense, information technology and homeland security solutions provider, announced today that Eric DeMarco, President and Chief Executive Officer, will present at the third annual Homeland Security Investor Conference on Wednesday, October 22, 2008 at The Ritz-Carlton Hotel in Washington, D.C.
Klayman & Toskes P.A.
Notice From the Securities Law Firm of Klayman & Toskes to All Pension Funds That Purchased the Regions Morgan Keegan Bond Funds -- RMA, RIBCX, RIBIX, MKIBX
BOCA RATON, Fla., Oct. 17, 2008 (GLOBE NEWSWIRE) -- The Securities Law Firm of Klayman & Toskes, P.A. (http://www.nasd-law.com) announced today that it filed two arbitration claims against Morgan Keegan and Regions Financial Corp. with the Financial Industry Regulatory Authority's ("FINRA") Office of Dispute Resolution. The Claims seeks to recover damages sustained in one closed end fund, RMK Advantage Income Fund (NYSE:RMA), and three open-ended funds, RMK Select Intermediate Bond Fund, Class C (Nasdaq:RIBCX), RMK Select Intermediate Bond Fund, Class I (Nasdaq:RIBIX), and RMK Select Intermediate Bond Fund, Class A (Nasdaq:MKIBX).
Federman & Sherwood
Investor Alert: To Those Investors Who Purchased Quest Energy Partners, L.P., Quest Resource Corporation and Quest Energy GP, LLC, Federman & Sherwood Reminds You of An Imminent Deadline in the Securities Litigation -- QELP, QRCP
OKLAHOMA CITY, Oct. 17, 2008 (GLOBE NEWSWIRE) -- On September 5, 2008, Federman & Sherwood filed the first securities class action lawsuit in the United States District Court for the Western District of Oklahoma against Quest Energy Partners, L.P. (Nasdaq:QELP), Quest Resource Corporation (Nasdaq:QRCP) and Quest Energy GP, LLC. Federman & Sherwood reminds current and former shareholders that there are only 18 days remaining (Tuesday, November 4, 2008) to move the Court for appointment as a lead plaintiff in this case. The Complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act, and Rule 10b-5 promulgated thereunder.