latest news releases from the newsroom
Whitestone Reit's Update On Its Houston Properties After Hurricane Ike
HOUSTON, Sept. 17, 2008 (GLOBE NEWSWIRE) -- Whitestone REIT, which owns and manages 35 urban commercial properties in Texas and Arizona, today announced that a preliminary assessment of its Houston properties following Hurricane Ike, showed mostly minimal damage to signage and landscaping, with roof damage to several properties and widespread loss of electric power.
The First of Long Island Corporation
The First of Long Island Corporation Announces Increased Quarterly Cash Dividend of 18 Cents Per Share
GLEN HEAD, N.Y., Sept. 17, 2008 (GLOBE NEWSWIRE) -- The First of Long Island Corporation (Nasdaq:FLIC) announced today the declaration of a third quarter cash dividend in the amount of 18 cents per share. This represents an increase of 3 cents per share over the cash dividend declared in each of the first two quarters of this year. The dividend will be paid on October 10, 2008 to shareholders of record on September 30, 2008.
Pomerantz Haudek Block Grossman & Gross LLP Charges Underwriter Defendants in Securities Fraud Related to Fannie Mae Offering -- MER, C, MS, WB, UBS
NEW YORK, Sept. 17, 2008 (GLOBE NEWSWIRE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") has filed a class action lawsuit in the United States District Court, Southern District of New York, against Merrill Lynch, Pierce, Fenner & Smith Incorporated (NYSE:MER); Citigroup Global Markets, Inc. (NYSE:C); Morgan Stanley & Co. Incorporated (NYSE:MS); UBS Securities LLC (NYSE:UBS); and Wachovia Capital Markets LLC (NYSE:WB); (collectively, the "Underwriter Defendants"); and four senior executives of the company. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. The class action was filed on behalf of purchasers of the Federal National Mortgage Association a/k/a Fannie Mae's ("Fannie Mae" or the "Company") (NYSE:FNM) $2 billion offering of 8.25% Non-Cumulative Preferred Stock, Series T (the "Offering") that were initially offered to the public on or about May 13, 2008 (the "Class Period"), through September 6, 2008. The class includes investors who purchased shares on the offering or afterwards, in the market. The Preferred Shares traded on the New York Stock Exchange.
FuelCell Energy, Inc.
Connecticut Clean Energy Fund Submits Recommendations for Clean Energy Projects to Department of Public Utility Control
DANBURY, Conn., Sept. 17, 2008 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency, ultra-clean power plants using renewable and other readily available fuels for commercial, industrial, government and utility customers, today announced that the Connecticut Clean Energy Fund (CCEF) has recommended five clean energy projects to the Department of Public Utility Control (DPUC) that include 27.3 MW of the Company's DFC power plants.