latest news releases from the newsroom
Index Oil and Gas Inc.
Index Announces Approval of Stockholder Proposals
HOUSTON, Feb. 4, 2009 (GLOBE NEWSWIRE) -- Index Oil and Gas Inc. (OTCBB:IXOG) today announced that the three proposals presented by the company to stockholders were approved during the company's reconvened annual general meeting on January 27, 2009.
AMERCO / U-Haul
AMERCO Reports Third Quarter Fiscal 2009 Financial Results
RENO, Nev., Feb. 4, 2009 (GLOBE NEWSWIRE) -- AMERCO (Nasdaq:UHAL), parent of U-Haul International, Inc., North America's largest "do-it-yourself" moving and storage operator, today reported a net loss applicable to common shareholders for its third quarter ending December 31, 2008, of $28.2 million, or $1.46 per share, compared with a net loss of $13.6 million, or $0.69 per share, for the same period last year.
Southcoast Financial Corporation
Southcoast Declines Troubled Assets Relief Program Funds and Announces 2008 Year End Earnings
MT. PLEASANT, S.C., Feb. 4, 2009 (GLOBE NEWSWIRE) -- Southcoast Financial Corporation (Nasdaq:SOCB) announced today that the Company has declined to participate in the U.S. Department of the Treasury's Capital Purchase Program, even though it had applied for and received preliminary approval. The Capital Purchase Program is not a "bailout" but is an offer by the Treasury to make an investment in the Company on terms that are disadvantageous to existing shareholders. The Company has determined that participation in the program would be dilutive to existing shareholders, subject the Company to a constantly increasing administrative burden and expose the Company to unknown future restrictions on its business. The Company believes that it has sufficient capital to meet its foreseeable needs. It also believes that other capital raising alternatives will be available should a need for additional capital arise.
Penwest Pharmaceuticals Co.
Penwest to Present At 11th Annual BIO CEO & Investor Conference
DANBURY, Conn., Feb. 4, 2009 (GLOBE NEWSWIRE) -- Penwest Pharmaceuticals Co. (Nasdaq:PPCO) today announced that Jennifer Good, President and Chief Executive Officer of Penwest, will be presenting at the 11th Annual BIO CEO & Investor Conference taking place at the Waldorf-Astoria in New York City on February 9-10, 2009. Ms. Good will be presenting on Tuesday, February 10 at 2:45 pm EST.
MiddleBrook Pharmaceuticals, Inc.
MiddleBrook Pharmaceuticals Retains Almac Pharma Services(r) to Produce Physician Samples of MOXATAG(tm)
WESTLAKE, Texas, Feb. 4, 2009 (GLOBE NEWSWIRE) -- MiddleBrook Pharmaceuticals, Inc. (Nasdaq:MBRK), a pharmaceutical company committed to developing anti-infective products that fulfill unmet medical needs, today announced that it has retained Almac Pharma Services(r) to provide packaging services for physician samples of MOXATAG (amoxicillin extended-release) Tablets, 775 mg. Almac Pharma Services(r) will work closely with MiddleBrook's chosen commercial manufacturer, STADA Production Ireland(r).
Ultrapetrol (Bahamas) Limited
Ultrapetrol to Present At BB&T Capital Markets 24th Annual Transportation Services Conference
NASSAU, Bahamas, Feb. 4, 2009 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in four markets (River Business, Offshore Supply Business, Ocean Business and Passenger Business), announced today that it is scheduled to present at the BB&T Capital Markets 24th Annual Transportation Services Conference in Coral Gables, FL on Wednesday, February 11, 2009. Felipe Menendez Ross, President and Chief Executive Officer, will speak to the investment community at 10:15 a.m. ET.