latest news releases from the newsroom
MetroCorp Bancshares Inc.
MetroCorp Bancshares, Inc. Announces Net Income of $3.3 million, or $0.30 Per Diluted Share, in Fourth Quarter 2006
HOUSTON, Feb. 1, 2007 (PRIME NEWSWIRE) -- MetroCorp Bancshares, Inc. (Nasdaq:MCBI), a Texas corporation which provides community banking services through its subsidiaries, MetroBank, N.A., serving Houston and Dallas, Texas, and Metro United Bank ("Metro United"), serving San Diego and Los Angeles, California, today announced net income of $3.3 million for the fourth quarter of 2006, up approximately $421,000 or 14.5% compared with the same quarter in 2005. Diluted earnings per share for the fourth quarter of 2006 were $0.30 compared with $0.26 for the same quarter in 2005. Diluted earnings per share for the year ended 2006 increased 23.5% from $0.98 to $1.22. On September 1, 2006, MetroCorp completed a three-for-two stock split effected in the form of a 50% stock dividend. All prior period share and per share data (other than share data on the balance sheet) have been adjusted to reflect this stock split.
HCC Insurance Holdings, Inc.
HCC to Present at the NYSSA Conference
HOUSTON, Feb. 1, 2007 (PRIME NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that Frank J. Bramanti, Chief Executive Officer, and Edward H. Ellis, Executive Vice President and Chief Financial Officer, will be presenting at the New York Society of Security Analysts' 11th Annual Insurance Industry Conference in New York City. The presentation will take place on Monday, February 12, 2007 at 11:15 a.m. Eastern Standard Time (EST).
Port of Houston Authority
The Berth of Bayport
IN COMPLIANCE WITH HEIGHTENED SECURITY REQUIREMENTS, ALL ACCESS BY MEDIA WILL BE STRICTLY LIMITED TO THE PRE-DESIGNATED LOCATIONS. ALL MEDIA PERSONNEL MUST RSVP IN ADVANCE BY CALLING 713-670-2876 AND PRESENT CURRENT PHOTO IDENTIFICATION UPON ARRIVAL.
Geotec Thermal Generators, Inc. Announces Its Plans to Change Its Name to Geotec, Inc. With the Filing of a 14-C With the Securities and Exchange Commission
DELRAY BEACH, Fla., Feb. 1, 2007 (PRIME NEWSWIRE) -- Geotec Thermal Generators, Inc. (Pink Sheets:GETC) today announced the filing of a 14-C with the Securities and Exchange Commission to change its name to Geotec, Inc. The 14-C also provides for an increase in the capital structure of the Company by increasing its authorized common stock. Upon completion of the name change, the Company will require the delivery of all common stock (electronic and certificate forms) to be delivered to the Company for newly issued Geotec, Inc. common stock. The Company will bear the cost of this process. The Company is in the process of completing all of its SEC filings, and upon completion, the Company will be seeking to be re-listed on the Bulletin Board.
Market News First
Geotec Thermal Generators, Inc. - Providing Services for the Alternative Energy Industry Live on MN1.com
DELRAY BEACH, Fla., Feb. 1, 2007 (PRIME NEWSWIRE) -- Bradley Ray, Chief Executive Officer for Geotec Thermal Generators, Inc. (Pink Sheets:GETC), will be featured live on Market News First (www.mn1.com) for an exclusive interview with Rich Hancock and Bob Leonard Via Webcam. The interview is scheduled for Monday, Feb. 5, 2007, at 10:30 A.M. CDT