latest news releases from the newsroom
Carver Bancorp, Inc.
Carver Bancorp, Inc. Declares Cash Dividend on Common Stock of $0.09 Per Share for Third Quarter
NEW YORK, Feb. 6, 2007 (PRIME NEWSWIRE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (AMEX:CNY) today announced that on February 5, 2007 its Board of Directors declared a cash dividend on its common stock of nine cents ($0.09) per share for the quarter ended December 30, 2006. Deborah C. Wright, Chairman of the Board, President & CEO, said: "The dividend for this quarter evidences the Board of Directors' continued confidence in Carver's long-term growth and earnings outlook." The dividend will be payable on March 5, 2007, to stockholders of record at the close of business on February 20, 2007.
Encysive Pharmaceuticals Inc.
Encysive Pharmaceuticals Completes $60 Million Note Offering Secured by Argatroban Royalties
HOUSTON, Feb. 6, 2007 (PRIME NEWSWIRE) -- Encysive Pharmaceuticals Inc. (Nasdaq:ENCY) today announced that its newly formed, wholly-owned subsidiary has closed a private placement of $60 million in aggregate principal amount of non-convertible, non-recourse promissory notes ("Notes") to institutional investors. The Notes are secured by royalties to be paid from sales of Argatroban, a drug licensed by Encysive to and sold by GlaxoSmithKline plc ("GSK"), a public limited company organized in England, for the treatment of heparin-induced thrombocytopenia, and by a pledge by Encysive of the stock of the new subsidiary.
Scott+Scott, LLP Files Class Action Lawsuit Against Alvarion Ltd. On Behalf of Investors -- ALVR
COLCHESTER, Conn., Feb. 6, 2007 (PRIME NEWSWIRE) -- On February 2, 2007, Scott+Scott, LLP, filed a class action against Alvarion Ltd. ("Alvarion" or the "Company") (Nasdaq:ALVR) and certain officers and directors in the U.S. District Court for the Northern District of California. The action is on behalf of Alvarion common stock purchasers during the period November 3, 2004 through May 12, 2006, inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
Market News First
Successful Korean Children's Fashion Business, CIC Holding Co. to Interview Live on MN1.com
SAN DIEGO, Feb. 6, 2007 (PRIME NEWSWIRE) -- Jason Cope, U.S. IR representative for CIC Holding Co., Inc. (Pink Sheets:CICG), will be featured on Market News First in an audio interview accessible at www.mn1.com. The interview is scheduled for Wednesday, Feb. 7, 2007, at 10:30 a.m. CST. CICG, established in 1999, has become a leading national brand name in Korea's children apparel industry. Join Mr. Cope as he discusses the projected future of the Company and its stance in the marketplace.
Avigen Expands Board of Directors
ALAMEDA, Calif., Feb. 6, 2007 (PRIME NEWSWIRE) -- Avigen, Inc. (Nasdaq:AVGN), a biopharmaceutical company developing innovative therapies for the treatment of neurological conditions, today announced that Stephen Dilly M.B.B.S., Ph.D. and Jan K. Ohrstrom, M.D. have been elected to the company's board of directors.
Harsco Completes Acquisition of Excell
HARRISBURG, Pa., Feb. 6, 2007 (PRIME NEWSWIRE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has completed its previously announced acquisition of Excell Materials, Inc., a multinational company that extracts high-value metals content on behalf of leading steelmakers and also specializes in the development of minerals technologies for commercial applications. The acquisition was completed on terms consistent with those previously announced and is expected to be immediately accretive to Harsco's earnings.
Rush Enterprises, Inc.
Rush Enterprises, Inc. Conference Call Advisory For Fourth Quarter and Year End 2006 Earnings Results
SAN ANTONIO, Texas, Feb. 6, 2007 (PRIME NEWSWIRE) -- Rush Enterprises Inc. (Nasdaq:RUSHA)(Nasdaq:RUSHB), which operates the largest network of heavy-duty and medium-duty truck dealerships in North America and a construction equipment dealership in Houston, Texas, will host its quarterly conference call to discuss earnings for the fourth quarter and year end 2006 on Tuesday, February 13, 2007 at 2:00 p.m. EST/ 1:00 p.m. CST. Earnings will be reported before the open of market on Tuesday, February 13, 2007.