latest news releases from the newsroom
Legacy Reserves LP
Legacy Reserves LP Announces Conference Call to Report Third Quarter 2008 Results
MIDLAND, Texas, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced it will report its third quarter 2008 results on Wednesday, November 5, 2008, following the close of NASDAQ trading. A teleconference and web cast will be held on Thursday, November 6, 2008 beginning at 3:30 p.m. (Central Time).
National Interstate Corp.
National Interstate Corporation Announces 2008 Third Quarter Results and Declares Quarterly Dividend
RICHFIELD, Ohio, Oct. 30, 2008 (GLOBE NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) today reported net income from operations of $4.4 million ($.23 per share diluted) for the 2008 third quarter compared to $10.4 million ($.53 per share diluted) for the 2007 third quarter and net realized losses from investments of $8.6 million ($.45 per share diluted) for the 2008 third quarter compared to $.2 million ($.01 per share diluted) for the 2007 third quarter. The Company reported a net loss of $4.2 million ($.22 per share diluted) for the 2008 third quarter, compared to net income of $10.1 million ($.52 per share diluted) for the 2007 third quarter and net income of $9.7 million ($.50 per share diluted) for the nine months ended September 30, 2008, compared to $32.5 million ($1.67 per share diluted) for nine months ended September 30, 2007. The table below shows the Company's net income or loss determined in accordance with generally accepted accounting principles (GAAP), reconciled between net income from operations and net realized losses from investments, both of which are non-GAAP financial measures:
Furniture Brands International
Furniture Brands International Reports Third Quarter 2008 Financial Results
ST. LOUIS, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Furniture Brands International (NYSE:FBN) announced today its financial results for the third quarter ended September 30, 2008. These results are from continuing operations and exclude the impact of the first quarter 2008 sale and operations of Hickory Business Furniture ("HBF"). The sale of this business was announced in the fourth quarter of 2007 and has been treated as a discontinued operation in both the 2007 and 2008 periods.
Integra Bank Corporation
Integra Bank Corporation Reports Third Quarter 2008 Preliminary Results
EVANSVILLE, Ind., Oct. 30, 2008 (GLOBE NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) expects to report a net loss, before the impact of a potential goodwill impairment charge discussed below, for the third quarter of 2008 of $2.9 million, or a diluted net loss per share of $(0.14). The preliminary loss for the third quarter of 2008 was largely attributable to the provision for loan losses which is $18.0 million for the third quarter of 2008.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. to Issue Third Quarter 2008 Results and Hold Investor Conference Call
NEW YORK, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) will report its financial results for the third quarter ended September 30, 2008, after the close of stock market trading on Wednesday, November 5th. Members of Eagle Bulk's senior management team will host a teleconference and webcast at 8:30 a.m. ET on Thursday, November 6th, to discuss the results.
Brower Piven, A Professional Corporation
Brower Piven Encourages Investors Who Have Losses in Excess of $250,000 From Investment in Constellation Energy Group, Inc. to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the November 21, 2008 Lead Plaintiff Deadline -- CEG
BALTIMORE, Oct. 30, 2008 (GLOBE NEWSWIRE) -- Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of purchasers of Constellation Energy Group, Inc. ("Constellation" or the "Company") (NYSE:CEG) publicly traded securities during the period between January 30, 2008 and September 16, 2008, inclusive (the "Class Period"), including the Series A Junior Subordinated Debentures (the "Preferred Securities") (NYSE:CEG-PA), pursuant and/or traceable to the Company's Registration Statement and Prospectus (collectively, the "Registration Statement") issued in connection with the Company's June 27, 2008 Preferred Securities offering.
Simplicity Bancorp, Inc.
K-Fed Bancorp Declares Quarterly Dividend
COVINA, Calif., Oct. 30, 2008 (GLOBE NEWSWIRE) -- K-Fed Bancorp (Nasdaq:KFED) announced today that on October 25, 2008 its Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on November 26, 2008 to the shareholders of record as of the close of business on November 12, 2008.
Albina Community Bancorp
Albina Community Bancorp Reports Loans Grew 15 Percent and Deposits Increased 20 Percent in 3Q08
PORTLAND, Ore., Oct. 30, 2008 (GLOBE NEWSWIRE) -- Albina Community Bancorp (OTCBB:ACBC), Portland's only certified community development bank, today reported it increased its loans 15% and increased deposits 20% over the past year. The income from the Federal government's Bank Enterprise Award helped to offset higher loan loss reserves and contributed to a profitable third quarter. In the third quarter, Albina generated net income of $105,000, or $0.10 per share, compared to $580,000, or $0.54 per share in the third quarter of 2007. Year-to-date, Albina has added $3.0 million to its reserves contributing to a net loss of $867,000, or $0.81 per share, compared to net income of $686,000, or $0.66 per share, in the first nine months of 2007.