latest news releases from the newsroom
Cape Fear Bank Corporation
Cape Fear Bank Corp. Declares 5 Percent Stock Dividend
WILMINGTON, N.C., June 12, 2007 (PRIME NEWSWIRE) -- Cape Fear Bank Corporation (Nasdaq:CAPE) announced today that its Board of Directors has approved a 5% stock dividend on the company's outstanding common stock. The stock dividend will be paid on June 29, 2007, to shareholders of record on June 22, 2007. As a result of the stock dividend, each holder of shares of the company's common stock on the record date will receive one new share of common stock for each twenty whole shares held of record on that date. In lieu of issuing fractional shares, the company will pay cash based on the average of the closing bid and asked prices of its common stock on The NASDAQ Capital Market on the record date.
Photo Release -- Cree XLamp LEDs Are Brilliant in Beta LED's Lighting Fixtures
DURHAM, N.C., June 12, 2007 (PRIME NEWSWIRE) -- Cree, Inc. (Nasdaq:CREE), a leader in LED solid-state lighting components, today announced that its award-winning XLamp(r) XR-E LEDs provide the light foundation for a new line of high-performance outdoor lighting fixtures, THE EDGE(tm) by Beta LED(tm). THE EDGE line of LED luminaires is designed for street, parking lot, parking garage, walkway and building-mounted applications.
U.S. Mine Makers, Inc.
Nitro Lube, Inc. Announces Invitation to Bonneville Flats 'Speed Week'
LANGLEY, British Columbia, June 12, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) today announced that Nitro Lube has been invited by the Canadian Golden Hawk project to attend Bonneville Flats Speed Week, August 11th through the 17th '07. Nitro Lube, Inc. is providing engine lubricants for the Golden Hawk attempting to break the "diesel land speed record."