latest news releases from the newsroom
Silverstar Holdings, Ltd.
Silverstar Complies With Nasdaq Marketplace Rule 4350(b)(1)(B)
BOCA RATON, Fla., Nov. 7, 2008 (GLOBE NEWSWIRE) -- Silverstar Holdings, Ltd. (Nasdaq:SSTR), in compliance with Nasdaq Marketplace Rule 4350(b)(1)(B), which requires separate disclosure of receipt of an audit opinion that contains a going concern qualification, disclosed that its previously filed Annual Report on Form 10-K for the fiscal year ended June 30, 2008 contains a going concern qualification from its independent registered public accounting firm, Rachlin LLP.
UnderSea Recovery Corporation
Legal Access Technologies, Inc. Announces Rapid Expansion Plan
ATLANTA, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Legal Access Technologies, Inc. (Pink Sheets:LGAL), d/b/a UnderSea Recovery Corporation, announced today plans to rapidly expand its operations by leveraging its proprietary marine detection technology in the search and recovery of historic shipwrecks. The Company is in discussions in Mexico concerning its proposal to procure permits to explore for historic shipwrecks in the territorial waters of Mexico. The Company will be negotiating with the National Institute of Anthropology and History and other agencies for the appropriate survey agreements.
Integra LifeSciences Holdings Corporation
Integra LifeSciences Reports Third Quarter 2008 Financial Results
PLAINSBORO, N.J., Nov. 7, 2008 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq:IART) today reported its financial results for the quarter ended September 30, 2008. Total revenues in the third quarter of 2008 were $167.0 million, reflecting an increase of $32.0 million, or 24%, over the third quarter of 2007.
Prudential Bancorp, Inc.
Prudential Bancorp, Inc. and Stilwell Value Partners Agree to Settle Litigation
PHILADELPHIA, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. of Pennsylvania (the "Company") (Nasdaq:PBIP) and Stilwell Value Partners I, L.P. ("Stilwell"), announced today that they have entered into a Settlement Agreement, settling all outstanding litigation brought by Stilwell against the Company and the Company's mutual holding company parent, Prudential Mutual Holding Company (the "MHC") (the Company, Prudential Savings Bank (the "Bank") and the MHC are referred to collectively as "Prudential") and resolving all other disputes between Stilwell and Prudential and its directors. Pursuant to the terms of the Settlement Agreement, Prudential and Stilwell and certain related entities (the "Stilwell Group") have provided mutual releases with respect to all claims.
Whitney Holding Corporation
Whitney Completes Acquisition of Parish National Corporation
NEW ORLEANS, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Whitney Holding Corporation (Nasdaq:WTNY) announced today that it has completed its acquisition of Parish National Corporation, which is headquartered in Covington, Louisiana, in a cash and stock transaction. The acquisition was approved by Parish National's shareholders on November 6, 2008 at a special meeting. Parish National Corporation is the parent company of Parish National Bank, which had approximately $771 million in total assets, $606 million in loans and $636 million in deposits as of September 30, 2008.
Rosetta Resources Inc.
Rosetta Resources Inc. Announces Third Quarter 2008 Results and Provides Operational Update
HOUSTON, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company") today announced financial and operating results for the third quarter 2008. Highlights include natural gas and crude oil production of 140 MMcfe/d, up 11 percent over the same period in 2007 and revenues of $130.0 million, an increase of 45 percent from third quarter 2007.
Anchor BanCorp Wisconsin Inc.
Anchor Bancorp Wisconsin Inc. Announces Second Quarter Results
MADISON, Wis., Nov. 7, 2008 (GLOBE NEWSWIRE) -- Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW) announced a net loss of $23.3 million for the quarter ended September 30, 2008. This compares to net income for the same quarter of the previous fiscal year of $9.3 million. For the six months ended September 30, 2008 the net loss is $17.8 million versus income of $19.2 million for the same period last year.
Roma Financial Corporation
Roma Financial Corporation Announces Third Quarter 2008 Earnings
ROBBINSVILLE, N.J., Nov. 7, 2008 (GLOBE NEWSWIRE) -- Roma Financial Corporation (Nasdaq:ROMA) (the "Company"), the holding company of Roma Bank, announced today its results of operation for the three and nine months ended September 30, 2008. The Company's consolidated net income for the three and nine months ended September 30, 2008 was $1.0 million and $3.4 million, respectively. Earnings per share were $.03 and $.11 for the same periods of time.
Pharmacopeia to Request a Hearing With NASDAQ Following Receipt of Notice of Non-Compliance
PRINCETON, N.J., Nov. 7, 2008 (GLOBE NEWSWIRE) -- Pharmacopeia (Nasdaq:PCOP) today announced that it intends to request a hearing before a NASDAQ Listing Qualifications Panel ("Panel") to present a plan to regain compliance with NASDAQ Marketplace Rule 4450(b)(1)(A), which requires a minimum market value of listed securities of $50 million. On November 4, 2008, as expected, Pharmacopeia received a notice of non-compliance from the NASDAQ Staff indicating that the Company had not regained compliance with this rule and that the Company's common stock was subject to delisting unless the Company requests a hearing before a Panel. Pharmacopeia intends to request a hearing, which will automatically stay the delisting of the Company's common stock pending the issuance of the Panel's decision after the hearing. The Company plans to exercise diligent efforts to maintain the listing of its common stock on NASDAQ, but there is no assurance that it will be successful in doing so.