latest news releases from the newsroom
NetBank, Inc. Reports Third Quarter Results
ATLANTA, Nov. 8, 2006 (PRIMEZONE) -- NetBank, Inc. (Nasdaq:NTBK), parent company of NetBank(r) (www.netbank.com) and a leading mortgage lender, today reported financial results for the quarter ended September 30, 2006. The company recorded an after-tax loss of $73.3 million or $1.58 per share for the period, compared with an after-tax loss of $1.4 million or $.03 per share during the same quarter a year ago. On a year-to-date basis, the company recorded an after-tax loss of $116 million or $2.50 per share, versus a net loss of $1.1 million or $.02 per share during the first nine months of 2005.
StockGuru.com Announces a New Executive Interview with Stan Cruitt of ALR Technologies
DALLAS, Nov. 8, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has released a new exclusive executive interview with Stan Cruitt, the President of ALR Technologies, Inc. (OTCBB:ALRT). Mr. Cruitt examines the emergent growth of the home health management compliance industry over the past two decades and the importance of ALR Technologies' product, the ALRT500 Home Health Management Compliance Reminder and Monitoring System. The Company's product is a consumer friendly, portable device that can reduce the cost of medical care for patients with deteriorating conditions, and can assist in the prevention of those conditions and timely patient training. Mr. Cruitt also discusses the upcoming activities that investors should take note of in the future growth of ALR Technologies.
Transmeridian Exploration, Inc.
Transmeridian Exploration Reports Third Quarter 2006 Results of Operations
HOUSTON, Nov. 7, 2006 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) reported a net loss of $14.3 million, or $0.15 per share, on net revenues of $7.8 million for the three months ended September 30, 2006, as compared to a net loss of $2.8 million, or $0.03 per share, on net revenues of $3.9 million for the three months ended September 30, 2005. For the nine months ended September 30, 2006, the net loss was $40.6 million, or $0.44 per share, on net revenues of $15.7 million, as compared to a net loss of $6.9 million, or $0.09 per share, on net revenues of $7.0 million for the nine months ended September 30, 2005.
WCA Waste Corporation
WCA to Add Independent Directors
HOUSTON, Nov. 7, 2006 (PRIMEZONE) -- WCA Waste Corporation (Nasdaq:WCAA) announced today that it has submitted a plan to NASDAQ for adding independent directors to its Board of Directors. Immediately after its Annual Meeting this year, Ares Corporate Opportunities Fund II, L.P. ("Ares") elected Mr. Antony P. Ressler and Mr. Jeffrey S. Serota to serve as members of the Board. Ares, as the sole owner of WCA's Series A Convertible Pay-In-Kind Preferred Stock, par value $0.01 per share, is entitled to elect members to the Board voting as separate class. On September 15, 2006, WCA provided notice to the Nasdaq Global Market ("Nasdaq") that after the election of Messrs. Ressler and Serota by Ares WCA no longer satisfied the independent director requirements for continued listing on Nasdaq under Marketplace Rule 4350(c)(1), which requires WCA to maintain a majority of independent directors on its Board.