latest news releases from the newsroom
All Our Kids, Inc.
All Our Kids/Winners Circle Announce New Agency Name: The Partnership for Our Kids
OMAHA, Neb., Sept. 19, 2008 (GLOBE NEWSWIRE) -- It was announced today that All Our Kids, Inc. and Winners Circle Educational Foundation have legally changed the agency name to The Partnership for Our Kids, a name inspired by the vision of both organizations. With a desire to help more disadvantaged youth in Omaha Public Schools to stay in school and graduate, All Our Kids and Winners Circle joined forces in 2005 and officially merged agencies in September 2007. "We hope to send a message to these students and their families that with hope, hard work and high expectations, you can go as far as your abilities will take you," said Julie Hefflinger, President of The Partnership for Our Kids.
Colony Bankcorp, Inc.
Colony Bankcorp, Inc. Declares Third Quarter Dividend
FITZGERALD, Ga., Sept. 19, 2008 (GLOBE NEWSWIRE) -- Colony Bankcorp, Inc. (Nasdaq:CBAN) announced today that its Board of Directors declared a quarterly cash dividend of $0.0975 per share payable October 10, 2008 to shareholders of record on September 30, 2008. This represents an increase of 5.41 percent over the cash dividend paid of $0.0925 per share in the third quarter a year ago and is level with dividend payments the first two quarters of 2008. Company management deemed it prudent to hold dividends at the current level given the continued downturn in the housing and real estate market and the economic uncertainty in general. As with most other companies in the financial sector, the downturn has negatively impacted Colony's earnings from a year ago; however, on a positive note, Colony's capital position has improved from a year ago and remains strong, as its total risk-based capital ratio approximates 12.40 percent -- well above the regulatory minimum requirement of 10 percent to be categorized as "well-capitalized."
New Dragon Asia Corporation
Chairman of New Dragon Asia Corporation Purchases Shares On the Open Market
SHENZHEN, China, Sept. 19, 2008 (GLOBE NEWSWIRE) -- New Dragon Asia Corp. (AMEX:NWD), one of China's leading producers of instant noodles, flour-related products and soybean-derived products, announced today that New Dragon Asia Food Limited, which is controlled by New Dragon's Chairman, Heng Jing Lu, has purchased approximately 89,000 shares of the Company's outstanding common stock currently trading on the public market. New Dragon Asia Food Limited is currently the largest holder of New Dragon Asia Corp. common stock. The shares were purchased during the period of September 15th-18th, 2008. Additional details are available via the Company's filings with the SEC on Form 4 at www.sec.gov. The Company announced on July 9, 2008, that Chairman Lu intends to periodically purchase up to an aggregate total of $1 million worth of New Dragon Asia shares within 12 months of that announcement date.
Stratus Media Group, Inc.
Stratus Media Group Approved for Trading On the OTC Bulletin Board
LOS ANGELES, Sept. 19, 2008 (GLOBE NEWSWIRE) -- Stratus Media Group, Inc. (OTCBB:SMDI) today announced its common shares have been approved for trading on the OTC Bulletin Board. The company's common shares previously traded on the electronic quotation system operated by Pink OTC Markets under the symbol SMDI.PK.