latest news releases from the newsroom
Tuesday Morning Corporation
Tuesday Morning Corporation Announces New Credit Facility
DALLAS, Dec. 17, 2008 (GLOBE NEWSWIRE) -- Tuesday Morning Corporation (Nasdaq:TUES) announced today that it has entered into a new five-year $150 million senior secured revolving credit facility with Bank of America, N.A. as administrative agent and Wells Fargo Retail Finance, LLC as joint lead arranger. The new facility provides the company with more availability and liquidity than the company's previous facility and does not have financial covenants.
Alta Mesa Holdings, LP
Meridian Reports Test Results of BSM A-507 No. 2 Well in East Texas Austin Chalk Play
HOUSTON, Dec. 17, 2008 (GLOBE NEWSWIRE) -- The Meridian Resource Corporation (NYSE:TMR) today announced initial production test results on its Blackstone Minerals A-507 No. 2 well, located in Polk County, Texas in the Company's East Texas Austin Chalk Play. The well was recently tested at gross daily flow rates as high as 27.3 million cubic feet of natural gas equivalent per day ("Mmcfe/d"). This rate includes 10.5 Mmcf/d and 2,800 barrels of oil per day ("BOPD"). The well was drilled vertically to approximately 13,100 feet then added two horizontal laterals. The first lateral extends approximately 4,700 feet in length, with the second extending approximately 5,600 feet for a total wellbore exposure in the Austin Chalk of 10,300 feet.
Dimond Kaplan & Rothstein, P.A.
Damian & Valori, LLP, Wadsworth Huott, LLP, and Dimond Kaplan & Rothstein, P.A. Announce the Filing of a Class Action Lawsuit Involving a Fraudulent Investment Scheme Concerning 'Point-of-Sale' ATM Terminals
MIAMI, Dec. 17, 2008 (GLOBE NEWSWIRE) -- Damian & Valori, LLP, Wadsworth Huott LLP, and Dimond Kaplan & Rothstein, P.A. announced today that a class action has been commenced in the United States District Court for the Middle District of Florida on behalf of a putative Class consisting of all persons (the "Class") who purchased, sold, held, and/or retained investments in Nexstar Communications, LLC, TMT Equipment Company, LLC; TMT Management Group, LLC; POSA, LLC, POSA TMT, LLC; Camtucket LLC; Televest Communications, LLC; TMT International, LLC, Televest Group, LLC; KBK Partnership LLP; Chilham LLC; and Spin Drift, LLC (collectively, the "Defendants' Entities") between April 2003 and February 2006 (the "Class Period").