latest news releases from the newsroom
NASDAQ OMX Rebrands News Distribution Service
NEW YORK, Aug. 21, 2008 (GLOBE NEWSWIRE) -- PrimeNewswire(sm), the news distribution subsidiary of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ), announced it has rebranded its service, with a name change to GlobeNewswire(sm).
Plug Power, Inc.
Tata Teleservices Ltd., Plug Power and Hindustan Petroleum Corporation Ltd. Successfully Demonstrate Operational Viability of Fuel Cells for Telecoms in Rural India
MUMBAI, India and LATHAM, N.Y., Aug. 21, 2008 (GLOBE NEWSWIRE) -- Tata Teleservices Limited (TTSL), Plug Power Inc., a leading fuel cell company based in Latham, NY, USA, and Hindustan Petroleum Corporation Limited (HPCL), announced today that they have successfully conducted a field trial involving Plug Power's GenSys(r) prime power fuel cell product in rural India. Performed at a TTSL cell tower site in Bijnour, Uttar Pradesh, the field trial was designed to test both the performance of the GenSys fuel cell and the LPG refueling infrastructure for cell tower applications in rural India.
Financial Institutions, Inc.
Financial Institutions Declares Quarterly Cash Dividend of $0.15
WARSAW, N.Y., Aug. 21, 2008 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (Nasdaq:FISI) announced that its board of directors declared a third quarter cash dividend of $0.15 per common share. This is consistent with the previous quarter dividend and $0.03 or 25% higher than the year-ago quarterly dividend. The Company also announced dividends of $0.75 per share on the Series A 3% Preferred Stock and $2.12 per share on the Series B-1 8.48% Preferred Stock. All dividends are payable on October 1, 2008 to shareholders of record on September 15, 2008.
Sierra Gold Corporation
Sierra Gold Corporation to Begin Gold Production On Sewa River With Recently Arrived Dredge Equipment
TORONTO, Aug. 21, 2008 (GLOBE NEWSWIRE) -- Sierra Gold Corporation (Pink Sheets:SGCP) announced today that it will begin initial gold operation tomorrow on the Sewa River with the 8-inch dredge purchased last month from a South African company. This equipment has the capability to process up to 50 tons per hour. An experienced, highly qualified operator from South Africa will be running the operations. The dredge will enable the company to dramatically increase the amount of gold bearing material to be processed and to expand its river dredging operation to another part of the country