latest news releases from the newsroom
Orion Energy Systems, Inc.
Orion Energy Systems, Inc. Announces Fiscal 2009 Third Quarter Results
PLYMOUTH, Wis., Feb. 3, 2009 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq:OESX), a leading provider of energy management systems to the commercial and industrial sectors, today announced financial results for its fiscal 2009 third quarter ended December 31, 2008.
U-Haul International, Inc.
Photo Release -- Michael Schneider Named President of U-Haul Company of Eastern Wisconsin
MILWAUKEE, Wis., Feb. 3, 2009 (GLOBE NEWSWIRE) -- The U-Haul Company of Eastern Wisconsin today announced the promotion of Michael Schneider to president. Schneider brings 15 years of U-Haul experience to his new position, where he will be responsible for overseeing the daily operations of the company, including truck, trailer and storage rentals.
iMergent Reports Second Quarter Fiscal 2009 Financial Results
OREM, Utah, Feb. 3, 2009 (GLOBE NEWSWIRE) -- iMergent, Inc. (AMEX:IIG) a leading provider of eCommerce software for small businesses and entrepreneurs, reported financial results for its fiscal second quarter ended December 31, 2008.
Pride Business Development Holdings, Inc.
Pride Business Development Holdings, Inc. Launches Production for Littoral Combat Ship, Astute Class Submarine and Navy Patrol Boat Programs
NEW ORLEANS, Feb. 3, 2009 (GLOBE NEWSWIRE) -- Pride Business Development Holdings, Inc. (Pink Sheets:PDVG), a high tech manufacturer of Defense and Homeland securities material supplied to the US government and its allies worldwide, announced today that its Strategic Maritime subsidiary is ramping up for high-volume production on several contracts with members of the Industrial Military Complex. As a subcontractor to Lockheed Martin for the fulfillment of the US Navy Littoral Combat Ship program, February marks the start of production of the second ship in the program, which was originally scheduled to start in December of 2008. The work on each vessel is valued at $4.1 million by the Company, and 68 vessels are to be delivered over the 10-year life of the agreement. The Company also announced that as a subcontractor to BAE, it has started production on the Astute class submarine. The work on each sub is valued at $425 thousand in a program of eight submarines. The Company added that it has been awarded a new contract from Ticon to deliver its Master-Insulation for the first of eight British Navy Patrol Boats at a value of $600 thousand per delivery.
ATC Technology Corporation
ATC Technology Corporation to Host Conference Call and Webcast of Fourth Quarter and Full-Year 2008 Results and 2009 Guidance
DOWNERS GROVE, Ill., Feb. 3, 2009 (GLOBE NEWSWIRE) -- ATC Technology Corporation (ATC) (Nasdaq:ATAC) today announced that it will simultaneously host a conference call (dial-in number is 877-852-6579) and webcast to discuss the operating highlights and financial results for the fourth quarter and year-end 2008 and guidance for 2009 on Wednesday, February 11, 2009 at 9:00 a.m. Central time. In anticipation of the call and webcast, the Company will issue its earnings release at the market close on Tuesday, February 10, 2009.
Avantair Announces the Election of Richard B. DeWolfe to Its Board of Directors
CLEARWATER, Fla., Feb. 3, 2009 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW), the only publicly traded stand-alone fractional operator and the sole North American provider of fractional shares in the Piaggio Avanti aircraft, today announced the election of Richard B. DeWolfe as a member of its Board of Directors, effective January 29, 2009. DeWolfe is Managing Partner of DeWolfe & Company, LLC, a real estate management and investment-consulting firm and serves as a Director and Chairman of the Audit Committee of Manulife Financial Corporation, the parent company of John Hancock Financial Services, Inc. This latest election expands Avantair's Board to seven members, including six independent directors.
Credit Acceptance Corporation
Credit Acceptance Announces Fourth Quarter and 2008 Earnings
SOUTHFIELD, Mich., Feb. 3, 2009 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $18.6 million, or $0.60 per diluted share, for the three months ended December 31, 2008 compared to consolidated net income of $12.5 million, or $0.40 per diluted share, for the same period in 2007. For the year ended December 31, 2008, consolidated net income was $67.2 million, or $2.16 per diluted share, compared to consolidated net income of $54.9 million, or $1.76 per diluted share, for the same period in 2007.