latest news releases from the newsroom
Khang & Khang LLP
Khang & Khang LLP Investigating KV Pharmaceutical Company On Behalf of Shareholders
LOS ANGELES, Nov. 26, 2008 (GLOBE NEWSWIRE) -- Khang & Khang LLP today announced it is investigating potential claims against KV Pharmaceutical Company ("KV Pharmaceutical" or the "Company")(NYSE:KV-A) (NYSE:KV-B) concerning possible securities violations arising from public statements made by the Company between February 15, 2008 and November 12, 2008. The investigation pertains to allegations that certain public statements made by the Company during that period failed to disclose, among other things, violations of Food and Drug Administration regulations and other compliance matters and management misconduct.
Buy.Com(r) Announces Exclusive Holiday Promotion
ALISO VIEJO, Calif., Nov. 26, 2008 (GLOBE NEWSWIRE) -- Buy.com(r), the Internet Superstore(tm), today launched an exclusive holiday promotion with leading online payment service provider PayPal. Starting today, shoppers who use PayPal to make purchases on Buy.com will receive up to $20.00 off Buy.com's already-low prices and free shipping.
NewStar Financial, Inc.
NewStar Financial Announces Changes to Board of Directors
BOSTON, Nov. 26, 2008 (GLOBE NEWSWIRE) -- NewStar Financial, Inc. (Nasdaq:NEWS) announced today that its Board of Directors has appointed Brian Fallon to the board effective immediately and that Mark Gormley resigned from the board effective November 21, 2008.
Beacon Federal Bancorp, Inc.
Beacon Federal Bancorp, Inc. Announces a Quarterly Dividend
EAST SYRACUSE, N.Y., Nov. 26, 2008 (GLOBE NEWSWIRE) -- Ross J. Prossner, President and Chief Executive Officer of Beacon Federal Bancorp, Inc. (Nasdaq:BFED), today announced that the Board of Directors of the Company has declared a quarterly cash dividend of $0.04 per share of the Company's common stock. The dividend reflects an annual cash dividend rate of $0.16 per share. The dividend will be payable to stockholders of record as of December 12, 2008, and is expected to be paid on December 22, 2008.
Team Financial, Inc.
Team Financial, Inc. Receives Nasdaq Staff Deficiency Letter
PAOLA, Kan., Nov. 26, 2008 (GLOBE NEWSWIRE) -- Team Financial, Inc. (Nasdaq:TFIN) today announced that it received a Nasdaq Staff Deficiency Letter on November 20, 2008 indicating that the Company fails to comply with the reporting requirements for continued listing set forth in Marketplace Rule 4310(c)(14) as a result of not filing the Company's periodic report on Form 10-Q timely. The Company expects to file the 10-Q in the near future.
Dow Jones Indexes
Component Changes Made to Dow Jones Select Dividend Indexes
NEW YORK, Nov. 26, 2008 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced that Topps Tiles PLC (Great Britain, Retail, TPT.LN) will be removed from the Dow Jones EPAC Select Dividend and Dow Jones U.K. Select Dividend 20 indexes.
AeroVironment, Inc. Schedules Second Quarter Fiscal 2009 Earnings Release and Conference Call
MONROVIA, Calif., Nov. 26, 2008 (GLOBE NEWSWIRE) -- AeroVironment, Inc. (AV) (Nasdaq:AVAV) today announced that it will host a conference call and live audio webcast to review its second quarter fiscal 2009 results on Wednesday, December 3 at 1:30 p.m. Pacific Time. Second quarter fiscal 2009 financial results are currently scheduled to be released at approximately 1:00 p.m. Pacific Time on Wednesday, December 3.
L&R Group of Companies
L&R Group of Companies Renews Parking Contract At Oakland International Airport
LOS ANGELES and OAKLAND, Calif., Nov. 26, 2008 (GLOBE NEWSWIRE) -- The L&R Group of Companies, ("L&R") is pleased to announce that Five Star Parking was re-awarded the parking contract at the Oakland International Airport, ahead of four other bidders. With the signing of a new five year, multi-million dollar contract, Five Star Parking will manage daily parking, the economy lot, as well as the valet operation at the Airport. In addition, Five Star Parking is thrilled to unveil new marketing initiatives designed to increase awareness by highlighting new services, new offerings, and new branding of on-site parking at the airport.