latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman to Provide Computer-Aided Dispatch System for London Ambulance Service
MCLEAN, Va., Dec. 16, 2008 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has been selected to provide a new computer-aided dispatch (CAD) system for the London Ambulance Service to handle emergency calls and ambulance movements. Northrop Grumman will design, develop and implement the new system, which will be introduced in 2010. It will improve the effectiveness of the dispatch process while allowing for future growth and expanded capabilities.
Colliers International Group Inc.
FirstService Declares Dividend On Preferred Shares
TORONTO, Dec. 16, 2008 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (TSX:FSV.PR.U) (Nasdaq:FSRV) ("FirstService") announced today that its board of directors has declared a dividend on the outstanding 7% Cumulative Preference Shares, Series 1 (the "Preferred Shares") of FirstService of US$0.4375 per Preferred Share for the period of September 30, 2008 to but excluding December 31, 2008. The dividend is payable on December 31, 2008 to holders of Preferred Shares of record at the close of business on December 29, 2008.
Rosetta Resources Inc.
Rosetta Resources Inc. Provides Operational Update and Announces 2009 Capital Budget
HOUSTON, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. ("Rosetta") (Nasdaq:ROSE) today provided an update on several operational and financial matters and announced its approved 2009 capital budget. In announcing these items, Randy Limbacher, Rosetta's CEO and president commented, "While the environment continues to be challenging for our industry, Rosetta is taking actions to strengthen our competitive position, create options and flexibility for managing through the downturn, and build a very viable company for the future. Although we will remain prudent, we believe the current environment offers a unique opportunity to accelerate our progress now that the Calpine lawsuit is behind us." Among its recent achievements, Rosetta announced the following:
Federal Home Loan Bank of Cincinnati
FHLBank Names Advisory Council Appointees
CINCINNATI, Dec. 16, 2008 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Cincinnati (FHLBank) has appointed two new members to its 2009 Advisory Council (Council) and reappointed four members. The 15-member Council provides guidance to the board and staff on housing needs and programs that will enhance the FHLBank's affordable housing and economic development programs in its Fifth District territory of Kentucky, Ohio, and Tennessee. All appointments are three-year terms, effective January 1, 2009:
Orion Group Holdings, Inc.
Orion Marine Group Announces Its Inclusion in the NASDAQ Global Select Market
HOUSTON, Dec. 16, 2008 (GLOBE NEWSWIRE) -- Orion Marine Group, Inc. (Nasdaq:OMGI) (the "Company"), a leading heavy marine contractor, today announced its inclusion in NASDAQ's highest-tiered trading platform, the NASDAQ Global Select Market. Orion Marine Group was previously listed on the NASDAQ Global Market.
San Luis Trust Bank
San Luis Trust Bank Announces Director Stock Purchases
SAN LUIS OBISPO, Calif., Dec. 16, 2008 (GLOBE NEWSWIRE) -- San Luis Trust Bank (OTCBB:SNLS) today announced that its directors and senior management have recently purchased approximately 70,000 shares of the Bank's common stock in open market transactions. President and CEO Brad Lyon, who purchased 50,000 shares for his personal account, stated, "These investments by the people who know the Bank best emphasize our confidence in the Bank's future."