latest news releases from the newsroom
Silicon Motion Technology Corporation
MegaChips and Silicon Motion Co-Develop World's Smallest and Lowest Power ISDB-T Mobile TV Tuner-Demodulator SoC
TAIPEI, Taiwan, Oct. 15, 2008 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (Nasdaq:SIMO) ("the Company"), a leading fabless semiconductor company that designs, develops and markets semiconductor solutions for multimedia consumer electronics, today announced that MegaChips Corporation (Tokyo Stock Exchange: 6875) ("MegaChips"), a leading fabless system LSI company in Japan, and the Company have jointly developed the world's smallest and lowest power consumption ISDB-T(1) mobile TV tuner(2)-demodulator(3) SoC(4).
ACME Communications Announces Intent to Voluntarily Delist and Deregister Its Common Stock
SANTA ANA, Calif., Oct. 14, 2008 (GLOBE NEWSWIRE) -- ACME Communications, Inc. (Nasdaq:ACME) announced today that it has notified the Nasdaq Stock Market of its intent to voluntarily delist its common stock from the Nasdaq Global Market, and that it intends to voluntarily deregister its common stock under the Securities Exchange Act of 1934 and cease filing reports with the Securities and Exchange Commission (the "SEC").
Vostok New Ventures Ltd.
Vostok Nafta: VOSTOK NAFTA INVESTMENT LTD’S NOMINATION COMMITTEE
Vostok Nafta Investment Ltd is pleased to announce the composition of the
Nomination Committee for the 2009 Annual General Meeting in accordance with the
resolution at the Annual General Meeting 2008.
The Nomination Committee has been formed with the following members:
Ian H. Lundin, appointed by Lorito Holdings Ltd
Anders Algotsson, appointed by AFA Insurance
Arne Lööw, appointed by Fjärde AP-fonden
At the Nomination Committee’s first meeting Ian H. Lundin was elected Chairman
Heritage-Crystal Clean, Inc.
Heritage-Crystal Clean, Inc. Announces 2008 Third Quarter Financial Results
ELGIN, Ill., Oct. 14, 2008 (GLOBE NEWSWIRE) -- Heritage-Crystal Clean, Inc. (Nasdaq:HCCI), a leading provider of parts cleaning, hazardous and non-hazardous waste services to small and mid-sized customers, today announced results for the third quarter of fiscal year 2008.
Berkshire Hills Bancorp, Inc.
Berkshire Hills Completes Successful $36 Million Stock Offering
PITTSFIELD, Mass., Oct. 14, 2008 (GLOBE NEWSWIRE) -- Berkshire Hills Bancorp, Inc. (Nasdaq:BHLB) has raised $36 million through its previously announced public stock offering. The company has issued 1.5 million shares of common stock and will record net proceeds from the offering of approximately $33.5 million. Additionally, the underwriters have an unexercised thirty day over-allotment option to purchase an additional 225,000 shares. Sandler O'Neill + Partners, L.P. acted as lead book-running manager and Keefe, Bruyette & Woods, Inc. was a co-manager for the offering.
Northrop Grumman Corp.
Northrop Grumman to Debut Earthwatch Educator Program At 2008 National Conference On Aviation and Space Education
WASHINGTON, Oct. 14, 2008 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) will debut the Northrop Grumman Foundation Earthwatch Educator program, an innovative environmental education program for teachers at the 2008 National Conference on Aviation and Space Education (NCASE). The company is one of the sponsors of the conference, "Today's Students: Tomorrow's Aerospace Workforce," which will be held at the Crystal Gateway Marriott Hotel in Arlington, Va., on Oct. 16-18.
Souper Salad, Inc.
Souper Salad Franchisee Opens New Buffet In Meridian, Idaho
SAN ANTONIO, Oct. 14, 2008 (GLOBE NEWSWIRE) -- Souper Salad, Inc. known for its great-tasting homemade soups and specialty salads at affordable prices announced the opening of a new franchise-owned buffet in Meridian, Idaho, just outside of Boise. The new unit is owned and operated by Bryan and Krista Cromar together with partner Ron Kennedy through Fresh Frontier, LLC. The 4,556 square foot restaurant, with a seating capacity of 159, is positioned in the popular Centre Pointe Marketplace located on Eagle Road.
ALLDATA(r) Repair(sm) Provides Mode $06 Data
ELK GROVE, Calif., Oct. 14, 2008 (GLOBE NEWSWIRE) -- ALLDATA(r) LLC, the leading provider of vehicle manufacturers' service and repair information for professional repair shops, incorporates Mode $06 data in its ALLDATA Repair(sm) product. The $ in the name indicates the system's hexadecimal numbering system.
Park National Corporation
Park National Corporation Board Reviews Results, Takes Action Regarding Quarterly Cash Dividend and Goodwill Value
NEWARK, Ohio, Oct. 14, 2008 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (AMEX:PRK) held a special board meeting today to review projected operating results for the third and fourth quarters of 2008, evaluate projected capital ratios and dividends, and discuss the impairment of the goodwill value of its Vision Bank subsidiary. The board chose to eliminate the remaining amount of Vision Bank's goodwill value by recording a $55 million impairment charge in the third quarter of 2008. The board also declared a fourth quarter cash dividend of $.95 per share, a one cent per share increase from previous dividends declared this year.