latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Breaks Ground On Second Facility in Huntsville Research Park
HUNTSVILLE, Ala., Sept. 26, 2008 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC), one of Huntsville's largest defense contractors, signaled its strong ties to the area today when it broke ground on the second of four buildings that will comprise the company's Huntsville campus at Cummings Research Park.
Yadkin Financial Corporation
Crescent Financial Corporation Announces the Closing of a Capital Transaction
CARY, N.C., Sept. 26, 2008 (GLOBE NEWSWIRE) -- Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation (Nasdaq:CRFN), announced today that it has entered into a subordinated debt agreement that qualifies as Tier 2 regulatory capital. The agreement provides for a $7.5 million unsecured term loan with a maturity of 10 years and bearing interest at three-month LIBOR plus 400 basis points. The subordinated debt may be redeemed at any time beginning on October 1, 2013.
WSB Financial Group
WSB Financial Announces Sale of Land in Shelton
BREMERTON, Wash., Sept. 26, 2008 (GLOBE NEWSWIRE) -- WSB Financial Group (Nasdaq:WSFG), the parent company of Westsound Bank, today reported it has sold a surplus parcel of land in Shelton for $468,000, which is at current book value.
Delta Air Lines, Inc.
Delta to Introduce New, Two-Class Shuttle Service
ATLANTA, Sept. 26, 2008 (GLOBE NEWSWIRE) -- Delta Air Lines (NYSE:DAL) will offer its Shuttle customers the option of traveling in First or Economy class beginning Dec. 1, 2008 as the airline reconfigures its MD-88 Shuttle fleet to offer two classes of service. In the new configuration, Delta Shuttle(r) will offer 14 seats in First Class and 128 seats in Economy with the airline's popular open-seating policy remaining in place for each class of service.
K. D. Clewley Capital Management
K. D. Clewley Capital Management Plays It Safe and Smart With Your Money
LA JOLLA, Calif., Sept. 26, 2008 (GLOBE NEWSWIRE) -- Back in November 2007 during the height of the stock market buying frenzy, everything was business as usual on Wall Street. But K. D. Clewley Capital Management didn't follow the complacent herd. Instead, the investment company moved its client accounts into safe money market funds. Since then, the S&P 500 has fallen by 19% and continues to be volatile.
Eastern Media Network
Top Press Domains to be Sold by Eastern Media Network
KNOXVILLE, Tenn., Sept. 26, 2008 (GLOBE NEWSWIRE) -- Eastern Media Network announces the group of domain names: PressReleaseDistribution.com, JapanesePress.com, VideoNewsDistribution.com, HeadlineWire.com and MultiMediaNewsRelease.com are currently for sale. The asking price for the group is $225,000 or best offer. Offers are being immediately accepted. Parties interested in obtaining these domain names should view the following details: