latest news releases from the newsroom
Meritage Homes Corporation
Meritage Homes Corporation to Present At UBS Building and Building Products Conference
SCOTTSDALE, Ariz., Nov. 1, 2006 (PRIMEZONE) -- Meritage Homes Corporation (NYSE:MTH) Chairman and Chief Executive Officer, Steven J. Hilton, and Chief Financial Officer, Larry W. Seay, are scheduled to present at the UBS Building & Building Products CEO Investor Conference on Thursday, November 9, 2006, at 11:30 a.m. ET.
FierceGameBiz Announces Winner of 'BrainPong' Competition
WASHINGTON, Nov. 1, 2006 (PRIMEZONE) -- FierceGameBiz (www.fiercegamebiz.com) today announced the winner of the inaugural BrainPong, an interactive competition designed to provoke discussion within the video game community. Rick Lucas, founder and CEO of Lightplay Studios, used the 1873 Lewis Carroll poem "Jabberwocky" to answer the question: "Sony Computer Entertainment America (SCEA) president Katz Hirai recently said the PlayStation 3 will have a lifespan of 10 years, and called it a 'fantastic value' at $600. To what extent do you agree or disagree with those remarks, and why?"
DG3 North America, Inc.
CGI North America, Inc. Introduces AltSource 34, an Innovative Solution to Create and Manage 34 Act Regulatory Reports
JERSEY CITY, N.J., Nov. 1, 2006 (PRIMEZONE) -- CGI North America, Inc., an affiliate of The CGI Group and the United States' fourth largest financial printer, announced today that it has developed AltSource 34, the first-of-its-kind, single source, automated document solution for "34 Act" regulatory reports.
The NASDAQ OMX Group, Inc.
Cadence Design Systems (CDNS) and NASDAQ Co-Host Opening Bell Ceremony From San Jose, California
SAN JOSE, Calif., Nov. 1, 2006 (PRIMEZONE) -- Cadence Design Systems, Inc. (Nasdaq:CDNS), together with The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) will today host a NASDAQ Remote Opening Bell ceremony live from San Jose, California to commemorate Cadence's one-year listing anniversary on NASDAQ. The ceremony will take place at Cadence corporate headquarters and will be broadcast simultaneously on NASDAQ's seven-story Tower in Times Square, bringing the event from San Jose to New York.
PAB Bankshares, Inc.
PAB Bankshares, Inc. Announces Third Quarter 2006 Earnings
VALDOSTA, Ga., Nov. 1, 2006 (PRIMEZONE) -- PAB Bankshares, Inc. (Nasdaq:PABK) today announced the Company's financial results for the third quarter and nine months ended September 30, 2006. The Company reported net income of $3.53 million, or $0.36 per diluted share, for the three months ended September 30, 2006, which was comparable to the $3.52 million, or $0.36 per diluted share, reported for the same period in 2005. The Company's earnings for the third quarter of 2006 were affected by an $181,000 after-tax loss on a securities transaction taken to reposition a portion of its investment securities portfolio for 2007.
Avigen to Present At Upcoming Healthcare Conferences
ALAMEDA, Calif., Nov. 1, 2006 (PRIMEZONE) -- Avigen, Inc. (Nasdaq:AVGN), a biopharmaceutical company developing innovative therapies for the treatment of neurological conditions, announced today that Kenneth Chahine, Ph.D., J.D., Avigen's President and CEO, will present at three upcoming healthcare conferences:
Wolverine Tube Inc.
Wolverine Tube Provides Update On Restructuring and Rationalization Program
HUNTSVILLE, Ala., Nov. 1, 2006 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) today provided an update regarding its restructuring and rationalization program, which is designed to strengthen the Company's balance sheet, reduce debt and enhance its overall capital structure while continuing to serve and support customers globally. As previously disclosed, the Company and its advisors have been evaluating refinancing and restructuring alternatives in anticipation of the upcoming maturities of the Company's Secured Revolving Credit Facility and Receivables Sale Facility in 2008 and its outstanding 7.375% Senior Notes and 10.5% Senior Notes (collectively, the "Senior Notes") in 2008 and 2009, as well as its future projected short-term liquidity needs. As part of that process, Wolverine continues to be engaged in discussions with representatives of its bondholders and other groups as to the most appropriate transaction, if any, to reduce debt and maintain value for its shareholders.