latest news releases from the newsroom
Clear Choice Health Plans, Inc
Clear Choice Health Plans Second-Quarter Net Income Rises to $2.3 Million
BEND, Ore., Aug. 15, 2007 (PRIME NEWSWIRE) -- Clear Choice Health Plans, Inc. (OTCBB:CCHN) announced higher second-quarter net income that resulted from gains in membership and a significant increase in investment income. For the second quarter ended June 30, 2007, the Company's revenue increased 14% to $46.1 million compared with $40.3 million for the second quarter one year ago. In the second quarter Clear Choice's earnings increased 139% to $2.3 million, or $1.24 per basic share, compared with $960,000, or $0.53 per basic share, in the second quarter 2006. Income from operations declined 91% to $110,000 in the second quarter ended June 30, 2007 compared to $1.2 million in the second quarter a year ago. The decrease in income from operations resulted primarily from an increase in administrative expense as the Company builds greater corporate infrastructure to support our future growth.
Competitive Technologies, Inc.
Competitive Technologies Announces Retention of Greenberg Traurig to Recover Funds From Agrofrut E.U.
FAIRFIELD, Conn., Aug. 15, 2007 (PRIME NEWSWIRE) -- Competitive Technologies, Inc. (AMEX:CTT) announced today that it has retained Greenberg Traurig, LLP, an international law firm, to recover funds from Agrofrut E.U. (Agrofrut). The CTT Board of Directors had voted unanimously, five to zero, to cancel the transaction with Agrofrut and to remove Ben Marcovitch from CTT's Board of Directors. CTT is releasing additional information in this press release to allow investors to understand its findings regarding the Board's decisions.
CombiMatrix Corporation Commences Initial Listing On Nasdaq Capital Market
MUKILTEO, Wash., Aug. 15, 2007 (PRIME NEWSWIRE) -- CombiMatrix Corporation (Nasdaq:CBMXD) announced today that CombiMatrix Corporation successfully met the initial listing requirements for the Nasdaq Capital Market following its split-off from Acacia Research Corporation. The notice of non-compliance previously delivered to Acacia Research Corporation regarding the continued listing standards for Acacia Research-CombiMatrix common stock on the Nasdaq Global Market is no longer applicable to the Company's stock.
Emerging Media Holdings
Emerging Media Holdings Obtains Leading TV Ratings
ORLANDO, Fla., Aug. 15, 2007 (PRIME NEWSWIRE) -- Emerging Media Holdings (Pink Sheets:EMDH), one of the leading media providers in Republic of Moldova, is pleased to announce that just after 18 months after launching its new channel, as of June 27, 2007, AGB Nielsen Media Research rated its TV7 channel as the number one channel for the 18+ audience in the Chisinau area. Chisinau is the capital of Moldova and is the largest city in the country with about one third of the total population of the country.
DISH Network Corporation
Football Fans Get in the Game With DISH Network
ENGLEWOOD, Colo., Aug. 15, 2007 (PRIME NEWSWIRE) -- This NFL season, football fanatics everywhere are expecting more coverage and quality from their TV provider ... and EchoStar Communications Corporation's (Nasdaq:DISH) DISH Network(r) is giving it to them -- football 24/7, including exclusive games on NFL Network. Dedicated fans won't miss any of the action on the field with DISH Network's total value football package, starting at only $29.99, including HD.