latest news releases from the newsroom
Keller Rohrback L.L.P.
Keller Rohrback Announces Investigation of Research in Motion Ltd. Regarding Backdating of Stock Options
SEATTLE, Oct. 6, 2006 (PRIMEZONE) -- Keller Rohrback L.L.P. (www.seattleclassaction.com) today announced that it has commenced an investigation of Research in Motion Ltd. ("RIM" or the "Company") (NYSE:RIMM) and current and former Company executive officers and directors for potential violations related to the backdating of stock options. On September 28, 2006, RIM announced that it is currently completing a voluntary review of its historical option granting practices. The Audit Committee of the Company made a preliminary determination that GAAP accounting errors were made regarding certain historical stock options granted from fiscal 1998 to present. The Audit Committee made a preliminary determination that a restatement of RIM's historical financial statements will be required to reflect the accounting errors and that it is expected that the potential effect of a restatement will be to increase the amount of non-cash charges associated with past option grants which would reduce the amount of the Company's previously reported GAAP earnings by an aggregate amount of approximately $25-$45 million over the period since the Company's IPO in 1997.
HCC Insurance Holdings, Inc.
HCC Notes Meet Criteria for Conversion in Fourth Quarter
HOUSTON, Oct. 6, 2006 (PRIMEZONE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) is issuing this release under the required notice provisions of its convertible notes. Based upon its share performance during the third quarter 2006, its originally issued and exchanged 2.00% Convertible Notes due 2021 and its 1.30% Convertible Notes due 2023 (collectively, the "Notes") are available for conversion under the terms of their respective Indentures during the fourth quarter 2006.
Lazare Kaplan International
Lazare Kaplan International Inc. to Webcast Fiscal 2007 First Quarter Results
NEW YORK, Oct. 6, 2006 (PRIMEZONE) -- Lazare Kaplan International Inc. (AMEX:LKI), a manufacturer and marketer of diamonds and jewelry products, intends to release its fiscal 2007 first quarter financial results prior to the market open on Friday, October 13, 2006. In conjunction with this release, the Company will hold a conference call conducted by senior management, which will be broadcast live over the Internet.
NFJ Dividend, Interest & Premium Strategy Fund
NFJ Dividend, Interest & Premium Strategy Fund Reports Results for the Fiscal Quarter and Six Months Ended July 31, 2006
NEW YORK, Oct. 6, 2006 (PRIMEZONE) -- NFJ Dividend, Interest & Premium Strategy Fund (the "Fund") (NYSE:NFJ), a closed-end management investment company which seeks current income and gains, with a secondary objective of long-term capital appreciation, today announced its results for the fiscal quarter and six months ended July 31, 2006.