latest news releases from the newsroom
Extend Medical, Inc.
Summus Works, Inc. Announces Name Change, New Trading Symbol and Reverse Split
SUN VALLEY, Calif., Sept. 25, 2007 (PRIME NEWSWIRE) -- Summus Works, Inc. (Pink Sheets:SMMW) announced the Company has received final approval from NASDAQ for the name change, new trading symbol, and reverse split to become effective on Wednesday, September 26, 2007 at the open of trading. The name shall change from Summus Works, Inc. to Extend Medical Corporation. The symbol will change from "SMMW" to "XMDC". The reverse split will be based on the ratio of 8334 to 1.
The Hammersmith Group
The Hammersmith Group Fights to Save One of the Oldest Cities in America
HAVERHILL, Mass., Sept. 25, 2007 (PRIME NEWSWIRE) -- The Hammersmith Group released today the anticipated and controversial master plan for the downtown of one of the oldest cities in the country. The plan follows a long and high-profile battle between citizens and the city's mayor. "It's one city, with two very different visions of its future," said Constantine Valhouli, principal of the Hammersmith Group, a firm that advises developers and cities on reviving historic downtowns.
WCI Communities, Inc.
WCI Communities Announces Departure of Chief Operating Officer of Tower Homebuilding
BONITA SPRINGS, Fla., Sept. 25, 2007 (PRIME NEWSWIRE) -- WCI Communities, Inc. (NYSE:WCI) today announced that Christopher J. Hanlon, Senior Vice President and Chief Operating Officer (Tower Homebuilding) will leave the Company at the end of the year to explore other opportunities. Mr. Hanlon will stay to oversee the completion of all the towers scheduled to close for the balance of the year, including One Bal Harbour. A successor to Mr. Hanlon will be selected from the current management team and will be announced prior to his departure.
The NASDAQ OMX Group, Inc.
NASDAQ Announces Mid-month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date September 14, 2007
NEW YORK, Sept. 25, 2007 (PRIME NEWSWIRE) -- At the end of the settlement date of September 14, 2007, short interest in 2,714 NASDAQ Global Market(sm) securities totaled 8,138,297,370 shares compared with 8,809,420,409 shares in 2,747 Global Market issues reported for the prior settlement date of August 15, 2007. The mid-September short interest represents 4.00 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.54 days for the prior reporting period.
Sun American Bancorp
Sun American Bancorp Announces Tender Offer for Outstanding Warrants
BOCA RATON, Fla., Sept. 25, 2007 (PRIME NEWSWIRE) -- Sun American Bancorp (Nasdaq:SAMB), the bank holding company for Sun American Bank, today announced that it will commence tender offers in which it will spend up to $4.78 million to repurchase select outstanding warrants. The Sun American Bancorp Series D warrants (Nasdaq:SAMBW) are publicly traded, while the other warrants subject to the tender offer are not publicly traded. All per share figures have been adjusted to reflect the 1-for-2.5 reverse stock split that was effective May 21, 2007.