latest news releases from the newsroom
First Busey Corporation
First Busey Announces Third Quarter Earnings
URBANA, Ill., Oct. 21, 2008 (GLOBE NEWSWIRE) -- First Busey Corporation's (Nasdaq:BUSE) consolidated net income for the quarter ended September 30, 2008 was $8.8 million, or $0.25 per fully-diluted share, compared to $11.5 million, or $0.36 per fully-diluted share, for the same period in 2007. Year-to-date consolidated net income was $23.4 million, or $0.65 per fully-diluted share, compared to $27.1 million, or $1.09 per fully-diluted share, in the same period of 2007. While many companies in our industry are experiencing losses and shrinking, we are pleased to show growth in our balance sheet and profitability, despite our provision related credit costs, which totaled $22.5 million year-to-date and $8.0 million for the third quarter.
Capital Southwest Corporation
Capital Southwest Announces Dividend
DALLAS, Oct. 21, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Capital Southwest Corporation (Nasdaq:CSWC) declared a cash dividend in the amount of $0.40 per share of common stock. This dividend is payable on November 28, 2008 to shareholders of record on November 14, 2008.
Law Offices Bernard M. Gross, P.C.
Law Offices Bernard M. Gross, P.C. Announces Expanded Class Period and Claims for Class Action Suit Against Nextwave Wireless, Inc. -- WAVE
PHILADELPHIA, Oct. 21, 2008 (GLOBE NEWSWIRE) -- A class action lawsuit was filed today in the United States District Court, Southern District of California, Civil Action No. 08-1934, alleging an expanded class period, on behalf of the purchasers of the common stock of NextWave Wireless, Inc. ("NextWave" or the "Company")(Nasdaq:WAVE) between November 27, 2006 through August 7, 2008, (the "Class Period").
ATC Technology Corporation
ATC Technology Corporation to Host Call and Webcast On Third Quarter 2008 Results
DOWNERS GROVE, Ill., Oct. 21, 2008 (GLOBE NEWSWIRE) -- ATC Technology Corporation (ATC) (Nasdaq:ATAC) today announced that it will simultaneously host a conference call (dial-in number is 877-545-1407) and webcast to discuss the operating highlights and financial results for the third quarter 2008 on Wednesday, October 29, 2008 at 9:00 a.m. Central time. In anticipation of the call and webcast, the Company will issue its earnings release at the market close on Tuesday, October 28, 2008.
Tyson Foods Inc
Bonds Sold to Help Fund First Dynamic Fuels Plant
GEISMAR, La., Oct. 21, 2008 (GLOBE NEWSWIRE) -- Special tax exempt bonds were issued and sold Tuesday to help fund a unique renewable fuels plant in Geismar, Louisiana, being constructed by Dynamic Fuels, a joint venture of Tyson Foods (NYSE:TSN) and Syntroleum Corporation (Nasdaq:SYNM)
Cree Reports Record Quarterly Revenue for the First Quarter of Fiscal Year 2009
DURHAM, N.C., Oct. 21, 2008 (GLOBE NEWSWIRE) -- Cree, Inc. (Nasdaq:CREE), a market leader in LED lighting, today announced revenue of $140.4 million for its first quarter of fiscal 2009, ended September 28, 2008. This represents a 24% increase compared to revenue of $113.4 million reported for the first fiscal quarter last year and a 3% increase compared to the fiscal fourth quarter of 2008. GAAP net income for the first quarter was $5.9 million, or $0.07 per diluted share, compared to net income of $12.7 million or $0.15 per diluted share for the first quarter of fiscal 2008. Net income for the first quarter of fiscal 2008 benefited from a realized gain on investment of $10.8 million or $0.13 per diluted share.