latest news releases from the newsroom
Banner Corporation Receives a $124 Million Commitment From the U.S. Treasury's Capital Purchase Program
WALLA WALLA, Wash., Nov. 4, 2008 (GLOBE NEWSWIRE) -- Banner Corporation (Nasdaq:BANR), the parent company of Banner Bank and Islanders Bank, today announced that it has received preliminary approval to participate in the U.S. Treasury Department's Capital Purchase Program. As a participant, Banner plans to issue $124 million in senior preferred stock, with related warrants to purchase up to $18.6 million in common stock, to the U.S. Treasury. The anticipated sale of the preferred stock and warrants is expected to close in approximately 30 days and is contingent upon completion of standard closing documents and subsequent registration with the Securities and Exchange Commission.
Bucyrus International, Inc.
Bucyrus to Present At Goldman Sachs Industrials Conference
SOUTH MILWAUKEE, Wis., Nov. 4, 2008 (GLOBE NEWSWIRE) -- Bucyrus International, Inc. (Nasdaq:BUCY) announced today that it will participate in the Goldman Sachs Global Industrials Conference in New York on November 6, 2008. Timothy Sullivan, President and CEO, and Craig Mackus, CFO, will participate in a moderated discussion at 11:15 a.m. Eastern Time (10:15 a.m. Central Time).
U.S. Energy Corp.
U.S. Energy Corp. Updates Drilling Program With Partner, PetroQuest Energy, L.L.C.
RIVERTON, Wyo., Nov. 4, 2008 (GLOBE NEWSWIRE) -- U.S. Energy Corp. (Nasdaq:USEG) ("USE" or the "Company"), a natural resources exploration and development company with interests in molybdenum, oil and gas, and real estate, today announced that it has been advised by its partner, PetroQuest Energy, L.L.C. ("PetroQuest") (NYSE:PQ), that the Highlands Prospect was drilled to total depth and has been determined to be non-productive. The Highlands Prospect was the second in a thus far planned three well drilling program with PetroQuest. The Company also announced today that its Bluffs well was turned on to production on Monday November 3, 2008.
Encore Bancshares, Inc.
Encore Bancshares, Inc. to Present At the 2008 East Coast Financial Services Conference
HOUSTON, Nov. 4, 2008 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today that Jim D'Agostino, Chairman and Chief Executive Officer, and Andy Creel, Chief Financial Officer, will be presenting at the 2008 East Coast Financial Services Conference at The Ritz-Carlton, Palm Beach, Florida on November 13, 2008 at 2:55 (EST).
Vostok New Ventures Ltd.
Vostok Nafta: DISCLOSURE NOTICE
Vostok Nafta Investment Ltd has, as of November 3, 2008 acquired 1,434,880
shares of Varyag Resources, listed at First North at OMX Nordic Exchange. After
this acquisition Vostok Nafta holds 1,434,880 shares of Varyag Resources,
corresponding to approximately 10.8% of the total number of shares and votes of
For further information please contact:
Robert Eriksson, Head of Investor Relations
Tel: +46 8 545 015 50