latest news releases from the newsroom
Enterprise Financial Reports 2008 Fourth Quarter and Year End Results
ST. LOUIS, Jan. 30, 2009 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) reported net income for 2008 of $4.4 million, or $0.35 per fully diluted share, compared to $17.6 million or $1.40 per share for 2007. Included in the 2008 results are $9.2 million in pre-tax, non-cash goodwill and intangible impairment charges related to Millennium Brokerage Group (MBG), the Company's wholesale insurance distribution subsidiary, $3.4 million in pre-tax gains on the sale of nonstrategic branches in the Kansas City area and a $1.0 million charge related to a payout under an employee retention agreement.
Outokumpu and Acciaierie Valbruna sign LDX 2101 duplex license agreement
January 30, 2009 at 2 p.m.
Outokumpu and Italian Acciaierie Valbruna S.p.A, have signed a non-exclusive
patent and trademark license agreement, which grants Valbruna the right to use
Outokumpu's LDX 2101 duplex stainless steel grade in all long products, such as
bar, rebar and wire products in the European Union, Norway and Switzerland.
Lean Duplex grade LDX 2101, a low-nickel, high-strength stainless steel
developed and patented by Outokumpu, was commercially introduced i