latest news releases from the newsroom
Joy Global Inc.
Joy Global Inc. Expands Stock Buyback Program to $2 Billion
MILWAUKEE, Sept. 10, 2008 (GLOBE NEWSWIRE) -- Joy Global Inc. (Nasdaq:JOYG), a worldwide leader in high-productivity mining solutions, today announced that during its regularly scheduled quarterly meeting on September, 9, 2008, the Company's Board of Directors authorized an increase and extension of its share repurchase program. The Board's action increases the authorization from $1 billion to $2 billion and extends the expiration for completing share repurchases from the end of calendar 2008 to the end of calendar 2011. The Company expects to complete the repurchase of shares under the first $1 billion authorization before the end of calendar 2008. The Company may repurchase shares in the open market or through privately negotiated transactions in accordance with applicable rules and regulations of the Securities and Exchange Commission.
Foundry Networks, Inc.
Aruba Networks and Foundry Networks Collaborate to Supply the Federal Market With High-Security Wired and Wireless Solutions
SUNNYVALE, Calif. and SANTA CLARA, Calif., Sept. 10, 2008 (GLOBE NEWSWIRE) -- Aruba Networks, Inc. (Nasdaq:ARUN), a global leader in wireless LANs and secure mobility solutions, and Foundry Networks(r), Inc., a performance and total solutions leader for end-to-end switching and routing, today announced a co-marketing relationship between the companies' wired and wireless LAN products for Federal customers. Common Criteria certification, FIPS 140-2 validation, and compliance with Department of Defense (DoD) Directives 8100.2 and 8500.2 make Aruba's adaptive wireless LANs both unique in the market and ideally suited for Federal requirements. Foundry's high-performance Ethernet products for edge-to-core data, voice and video applications feature built-in security protection and are tailored to Federal mission-critical deployments regardless of environment or traffic. When used together, Aruba's wireless and Foundry's wired products deliver a synergistic, best-of-breed solution with better performance, quality and capabilities than closed single-vendor offerings.
Tyson Foods Inc
Tyson Enters Third Poultry Joint Venture in China
SPRINGDALE, Ark., Sept. 10, 2008 (GLOBE NEWSWIRE) -- As part of its continuing international expansion, Tyson Foods, Inc. (NYSE:TSN) has finalized a joint venture agreement involving vertically integrated poultry operations in eastern China, company officials reported today.
Gridline Communications Holdings
Gridline Announces $200 Million Investment
ALBUQUERQUE, N.M., Sept. 10, 2008 (GLOBE NEWSWIRE) -- Gridline Communications Holdings Inc., a Delaware C Corporation, is pleased to announce that it has completed its Series G1 Preferred Securities Funding in the amount of $200 million with Voobon Ventures, Inc., an Atlanta, Georgia based Private Equity fund in association with Certified Capital Group LLC. of Orlando, Florida. The funds are to be disbursed over a period of 12 to 18 months and used for intellectual properties development, broadband network deployments, targeted acquisitions, and international expansion. While the specific terms of the Investment were not disclosed, the initial draw of $20,000,000 will be used for pending projects, acquisitions, and general operating funds.
BTV Ranked One of BC's Fastest Growing Companies by BIV
VANCOUVER, B.C., Sept. 10, 2008 (GLOBE NEWSWIRE) -- On September 2nd Business in Vancouver (BIV) released their annual ranking of the top 100 fastest growing companies in BC. This year's list included many technology, construction and mining companies as well as media-related companies, such as BTV, ranking an impressive 34th on the list!
NASDAQ Announces End-of-Month Open Short Interest Positions in NASDAQ Stocks as of Settlement Date August 29, 2008
NEW YORK, Sept. 10, 2008 (GLOBE NEWSWIRE) -- At the end of the settlement date of August 29, 2008, short interest in 2,624 NASDAQ Global Market(sm) securities totaled 9,795,107,997 shares compared with 9,958,393,238 shares in 2,620 Global Market issues reported for the prior settlement date of August 15, 2008. The end-of-August short interest represents 5.39 days average daily NASDAQ Global Market share volume for the reporting period, compared with 4.52 days for the prior reporting period.
Roma Financial Corporation
Roma Financial Declares Dividend
ROBBINSVILLE, N.J., Sept. 10, 2008 (GLOBE NEWSWIRE) -- Roma Financial Corporation (Nasdaq:ROMA) (the Company), the holding company of Roma Bank, announced today that its Board of Directors (the Board) declared the Company's seventh consecutive quarterly cash dividend. A dividend of $.08 per share will be paid on or about October 22, 2008 to stockholders of record on October 8, 2008.
The Shuman Law Firm
The Shuman Law Firm Investigates UST, Inc.
BOULDER, Colo., Sept. 10, 2008 (GLOBE NEWSWIRE) -- Advertising Material -- The Shuman Law Firm today announced that it is investigating the proposed acquisition of UST, Inc. ("UST" or the "Company") (NYSE:UST).