latest news releases from the newsroom
Ambassadors Group, Inc
Ambassadors Group Announces Plan to Reduce Current Workforce
SPOKANE, Wash., Jan. 8, 2009 (GLOBE NEWSWIRE) -- Ambassadors Group Inc. (Nasdaq:EPAX), a leading provider of educational travel experiences, announced today that due to continued deteriorating economic conditions, the Company is planning to reduce its current workforce of approximately 270 employees by 15 to 20 percent. The planned reductions are expected to be completed within the month of January 2009. Other expense management measures implemented by the company include a freeze on cash compensation for the Ambassadors Group executive team for 2009 along with the voluntary decline of incentives earned in 2008 by president and chief executive officer, Jeff Thomas and executive vice president, Peg Thomas. Additionally, total compensation increases for 2009 have been limited to 1 percent of total payroll. The Company will continue to aggressively manage costs throughout the year.
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.
OMA Reports December 2008 and Full Year 2008 Passenger Traffic
MONTERREY, Mexico, Jan. 8, 2009 (GLOBE NEWSWIRE) -- Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (Nasdaq:OMAB) (BMV:OMA), reports that total passenger traffic (terminal passengers) at its 13 airports decreased 14.4% in December 2008, as compared to December 2007. For the full year 2008, traffic reached 14.1 million passengers, a reduction of 1.1% as compared to 2007.
Home BancShares, Inc.
Home BancShares, Inc. Pre-Announces Year End Results
CONWAY, Ark., Jan. 8, 2009 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (Nasdaq:HOMB) today announced it anticipates net income for 2008 to be approximately $10.1 million, or $0.50 diluted earnings per share. During the fourth quarter of 2008, it expects to post a loss of $9.4 million, or $0.46 diluted loss per share, primarily due to the weakness in the real estate market, particularly Florida.
Delta Air Lines, Inc.
Delta Waives Change Fees for Customers Affected by Winter Weather in the Midwest
ATLANTA, Jan. 8, 2009 (GLOBE NEWSWIRE) -- Customers booked on flights operated by Delta Air Lines (NYSE:DAL), Delta subsidiary Northwest Airlines or Delta Connection carriers to, from or through markets currently impacted by winter storms may make adjustments to their travel schedule without fee.
Pizza Inn, Inc.
Pizza Inn Opens New Restaurant in Corinth, MS
THE COLONY, Texas, Jan. 8, 2009 (GLOBE NEWSWIRE) -- Pizza Inn Inc. (Nasdaq:PZZI) well-known for its great-tasting pizza at affordable prices, announced today the opening of a new buffet restaurant in Corinth, Mississippi. The restaurant also provides delivery services and supplies a window for carryout convenience.
Harwood Feffer LLP
Harwood Feffer LLP Files Class Action On Behalf of Investors of Satyam Computer Services Ltd. -- SAY
NEW YORK, Jan. 8, 2009 (GLOBE NEWSWIRE) -- The law firm of Harwood Feffer LLP announces that it filed a class action lawsuit on January 8, 2009 on behalf of purchasers of the American Depository Shares ("ADSs")of Satyam Computer Services Ltd. ("Satyam" or the "Company") (NYSE:SAY) during the period January 6, 2004 through January 6, 2009 (the "Class Period"). Shareholders may obtain a copy of the complaint by calling our offices or emailing us at the e-mail addresses listed below. The action is pending in United States District Court for the Southern District of New York.
Furniture Brands International
Furniture Brands Settles Lawsuit Against Lifestyle Enterprises
ST. LOUIS, Jan. 8, 2009 (GLOBE NEWSWIRE) -- Furniture Brands International (NYSE:FBN) announced today that it has successfully settled its patent infringement lawsuit against Lifestyle Enterprises, Inc. The lawsuit was brought by Thomasville Furniture Industries, one of Furniture Brands' operating units.