latest news releases from the newsroom
Electroglas, Inc. Receives NASDAQ Notice of Non-Compliance
SAN JOSE, Calif., April 11, 2008 (PRIME NEWSWIRE) -- Electroglas, Inc. (Nasdaq:EGLS), a leading supplier of wafer probing and software solutions for the semiconductor industry, today announced that on April 8, 2008, it received a notice from The Nasdaq Stock Market advising that based on the Staff's review of the Company's Quarterly Report on Form 10-Q for the period ended March 1, 2008, the Company's stockholders' equity was $9,217,000. As a result, the Company no longer complies with the $10 million stockholders' equity requirement for continued listing on The Nasdaq Global Market set forth in Marketplace Rule 4450(a)(3). This notification has no effect on the listing of Electroglas common stock at this time. The Staff is reviewing the Company's eligibility for continued listing on The Nasdaq Global Market and has invited the Company to make a submission evidencing its ability to achieve and sustain compliance with all Nasdaq Global Market listing requirements, including the minimum stockholders' equity standard. The Company intends to make the requested submission. In addition, the Company will continue its efforts to maintain and enhance positive cash flow, decrease expenses and operating cash usage and transition the manufacturing of its probers from its facilities in Singapore to Flextronics.
Federal Home Loan Bank of Indianapolis
Federal Home Loan Bank of Indianapolis Announces 2008 First Quarter Dividend
INDIANAPOLIS, April 11, 2008 (PRIME NEWSWIRE) -- On April 11, 2008, the board of directors of the Federal Home Loan Bank of Indianapolis (FHLBI) declared a dividend on B-1 stock at an annualized rate of 5.25%. Additionally, B-2 stock will be paid at an annualized rate of 4.20%.
Education Realty Trust, Inc.
Education Realty Trust Declares First Quarter Dividend
MEMPHIS, Tenn., April 11, 2008 (PRIME NEWSWIRE) -- Education Realty Trust, Inc. (NYSE:EDR), a leader in the ownership, management and development of student housing, today announced that its board of directors has approved a quarterly cash dividend of $0.205 per share of common stock for the quarter ended March 31, 2008. The dividend will be payable May 15, 2008 to shareholders of record as of the close of business on April 30, 2008.
Old National Bancorp
Old National Schedules Earnings Release and Conference Call / Web Cast
EVANSVILLE, Ind., April 11, 2008 (PRIME NEWSWIRE) -- Old National Bancorp (NYSE:ONB) will release details of its first-quarter 2008 earnings before the market opens on Monday, April 28, 2008, and will hold a conference call with the financial community at 10:00 a.m. (Central), 11:00 a.m. (Eastern) that same day to discuss these results, strategic developments, and the company's financial outlook.
Izard Nobel LLP
Schatz Nobel Izard P.C. Announces Class Action Lawsuit Against Inverness Medical Innovations
HARTFORD, Conn., April 11, 2008 (PRIME NEWSWIRE) -- The law firm of Schatz Nobel Izard P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the District of Massachusetts, on behalf of all persons who purchased Inverness Medical Innovations ("Inverness Medical" or the "Company") (AMEX:IMA) common stock in the Company's secondary public offering on or about November 14, 2007 (the "Secondary Offering").