latest news releases from the newsroom
Phase 1/2 Clinical Trial Results to be Published Reporting Beneficial Effects of OrthoLogic's Chrysalin (TP508) in Treatment of Diabetic Foot Ulcers
TEMPE, Ariz., Jan. 25, 2007 (PRIME NEWSWIRE) -- OrthoLogic Corp. (Nasdaq:OLGC) today announced that an article by Fife, et al entitled "Thrombin peptide Chrysalin(R) stimulates healing of diabetic foot ulcers in a placebo-controlled Phase I/II study" will appear in the January 2007 edition of Wound Repair and Regeneration. The randomized, double-blind, placebo-controlled study describes statistically and clinically significant results achieved with twice-weekly topical application of Chrysalin, combined with good wound care and standard off-loading, in subjects with chronic diabetic foot ulcers. The study was conducted by Chrysalis BioTechnology prior to its acquisition by OrthoLogic in 2004.
First Capital, Inc.
First Capital, Inc. Reports 2006 Earnings Results
CORYDON, Ind., Jan. 25, 2007 (PRIME NEWSWIRE) -- First Capital, Inc. (Nasdaq:FCAP), the holding company for First Harrison Bank (the "Bank"), today reported net income of $3.7 million or $1.30 per diluted share for the year ended December 31, 2006, compared to $3.7 million or $1.29 per diluted share for the year ended December 31, 2005. The earnings per share figure for 2005 has been adjusted to account for the stock dividend declared on June 19, 2006.
Solutia Completes Extension and Upsizing of Debtor-In-Possession Financing at Reduced Interest Rate
ST. LOUIS, Jan. 25, 2007 (PRIME NEWSWIRE) -- Solutia Inc. (OTCBB:SOLUQ), a leading manufacturer and provider of interlayers for laminated glass, aftermarket window films, specialty chemicals and an integrated family of nylon products, today announced it has successfully completed the extension and upsizing of its debtor-in-possession (DIP) credit facility at a reduced interest rate. Solutia's $1.225 billion amended DIP credit facility matures March 31, 2008. This represents a $400 million increase and a one-year extension over Solutia's prior DIP financing.
Columbia Sportswear Company
Columbia Sportswear Company Reports Fourth Quarter and Fiscal Year 2006 Results
PORTLAND, Ore., Jan. 25, 2007 (PRIME NEWSWIRE) -- Columbia Sportswear Company (Nasdaq:COLM), a global leader in the active outdoor apparel and footwear industries, today announced fourth quarter net sales of $361.8 million for the quarter ended December 31, 2006, an increase of 15.2 percent compared to net sales of $314.1 million for the same period of 2005. Net income for the fourth quarter was $38.4 million, a 4.9 percent increase compared to net income of $36.6 million for the same period of 2005. Earnings per share for the fourth quarter of 2006 were $1.06 (diluted) on 36.3 million weighted average shares, net of $0.03 per diluted share of stock-based compensation expense, compared to earnings per share of $0.97 (diluted) for the fourth quarter of 2005 on 37.7 million weighted average shares.
Irvine Sensors Corp.
Irvine Sensors Corporation Receives Notices Regarding Non-Compliance With Nasdaq and Boston Stock Exchange Listing Requirements
COSTA MESA, Calif., Jan. 25, 2007 (PRIME NEWSWIRE) -- Irvine Sensors Corporation (the "Company") (Nasdaq:IRSN) (Boston Stock Exchange:ISC) today announced that it received a Nasdaq Staff Determination (the "Staff Determination") on January 19, 2007 indicating that the Company is no longer in compliance with conditions for the continued listing of the Company's common stock on The Nasdaq Stock Market under Nasdaq Marketplace Rule 4310(c)(14) as a result of the Company not filing its Annual Report on Form 10-K for the fiscal year ended October 1, 2006 (the "Form 10-K") with the Securities and Exchange Commission (the "SEC") by January 18, 2007. The Company received a similar notice from The Boston Stock Exchange under its rules.
Delta Air Lines, Inc.
Delta and Gen Art Announce 'Delta's Fly-In Movies' Film Contest Winner
ATLANTA, Jan. 25, 2007 (PRIME NEWSWIRE) -- Delta Air Lines toasted the winner of its national short film competition, "Delta's Fly-In Movies," at a celebratory party hosted by actor Bobby Cannavale Wednesday night at the 2007 Sundance Film Festival with entertainment provided by actor/singer Tyler Hilton who performed selections from his upcoming release. New York filmmaker Phil Van was awarded top prize for his film "High Maintenance," which is airing on Delta's state-of-the-art in-flight entertainment system on transcontinental flights through Jan. 31.