latest news releases from the newsroom
First State Financial Corporation
First State Financial Corporation Announces First Quarter 2008 Results
SARASOTA, Fla., April 23, 2008 (PRIME NEWSWIRE) -- First State Financial Corporation (Nasdaq:FSTF) today reported a first quarter 2008 net loss of $1.1 million, or a loss of $0.19 per diluted share, as compared to net income of $1.3 million, or $0.21 per diluted share for the same period in 2007. First State's first quarter 2008 net loss was primarily attributable to a $2.9 million provision for loan losses and a decrease in net interest income, partially offset by a tax benefit as a result of the first quarter 2008 loss. Book value per share decreased to $8.14 at March 31, 2008 from $8.47 at December 31, 2007.
Ceragenix to Present Urinary Catheter Data at European Conference
DENVER -- Ceragenix Pharmaceuticals, Inc. (OTCBB:CGXP) (the "Company"), a biopharmaceutical and medical device company focused on infectious disease and dermatology, today announced that it will be presenting data on its CeraShield(tm) antimicrobial medical device coating at the upcoming Medtech Insight conference "Investment In Innovation (In3) Europe: Bridging European and U.S. Medical Device Innovators, Investors and Companies." The conference will be held on April 28- 29, 2008 in Paris, France. The Company will present data from recent testing comparing the in vitro antimicrobial efficacy of developmental CeraShield(tm) coated urinary silicone catheters with commercially available urinary catheters that contain either silver or nitrofurazone when challenged with daily doses of E.coli, the most common pathogen associated with urinary tract infections. The use of urinary catheters is linked to the development of urinary tract infections which add over $450 million in hospital costs annually in the United States.
Chemical Financial Corporation
Chemical Financial Corporation Increases Cash Dividend
MIDLAND, Mich., April 23, 2008 (PRIME NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) announced that on April 22, 2008, the Board of Directors of the Company declared a second quarter 2008 cash dividend of $0.295 per share of common stock. The second quarter 2008 dividend will be payable on Friday, June 20, 2008, to shareholders of record on June 6, 2008. The ex-dividend date is June 4, 2008.