latest news releases from the newsroom
Firstbank Corporation Announces Director & Officer Appointments
ALMA, Mich., July 24, 2007 (PRIME NEWSWIRE) -- Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation (Nasdaq:FBMI), announced that the Board of Directors has appointed Thomas D. Dickinson to the Firstbank Corporation Board of Directors and James D. Fast, President and CEO of Firstbank-West Michigan, a Vice President of Firstbank Corporation.
Firstbank Corporation Announces Update to Share Repurchase Program
ALMA, Mich., July 24, 2007 (PRIME NEWSWIRE) -- Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation (Nasdaq:FBMI), announced the authorization by Firstbank Corporation's Board of Directors for the continuation of the company's common stock repurchase program. Activity under this program is routinely disclosed in public 10-Q and 10-K quarterly and annual filings with the SEC. The current action will re-establish authorization to repurchase shares for an aggregate amount of up to $5 million from this point forward.
Insulock Signs Sales Representative and Distribution Agreement
BURNABY, British Columbia, July 24, 2007 (PRIME NEWSWIRE) -- American Insulock Inc. (the "Company") (Pink Sheets:AILKF) (CNQ:AIKI.U) is pleased to announce that it has signed a Sales/Distribution Agreement with John A. Stamford d/b/a Stamford Associates. Stamford Associates is located in Temecula, California. The "Stamford" group consists of various key personnel that have expertise in areas that mirror American Insulock.
Claymont Steel Holdings, Inc.
Claymont Steel Holdings Files Revised 2006 10-K and First Quarter 10-Q
CLAYMONT, Del., July 24, 2007 (PRIME NEWSWIRE) -- Claymont Steel Holdings (Nasdaq:PLTE) filed an amended 2006 10-K and first quarter 2007 10-Q after it determined in discussion with its auditors that the 15% Senior Note (redeemed in its entirety on February 14, 2007 with the proceeds of the company's Initial Public Offering), should have been classified as a current liability due to the fact that the company's redemption notice was issued on December 28, 2006. The change has no impact on the company's historical earnings, equity or earnings per share and will have no impact on future earnings.