latest news releases from the newsroom
Security Bank Corporation
Security Bank Corporation Announces Third Quarter 2008 Financial Results
MACON, Ga., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Security Bank Corporation (Nasdaq:SBKC) today reported a net operating loss of $19.7 million for the third quarter ended September 30, 2008, compared with net income of $0.6 million for the third quarter of 2007. Diluted earnings per share for the third quarter of 2008 reflected a loss of $0.85 per share compared to diluted earnings of $0.03 per share for the third quarter of 2007. The decrease in diluted earnings per share for the third quarter of 2008 is primarily driven by a $26 million provision for loan losses, $4 million of losses on sale of other real estate owned and the decrease in net interest income due to higher levels of problem credits.
Entropic Communications Reports Third Quarter Results
SAN DIEGO, Oct. 28, 2008 (GLOBE NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a leading provider of silicon solutions to enable connected home entertainment, today reported its third quarter results for the period ended September 30, 2008. Entropic reported third quarter net revenues of $31.7 million, a decrease of 26% compared with $42.8 million in the second quarter of 2008 and 12% lower than in the third quarter of 2007.
Kforce Reports Quarterly Revenue From Continuing Operations of $250.9 Million
TAMPA, Fla., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Kforce Inc. (Nasdaq:KFRC), a provider of professional staffing services and solutions, today announced results for the third quarter of 2008. Revenue from continuing operations for the quarter ended September 30, 2008 was $250.9 million compared to $246.5 million for the quarter ended September 30, 2007, an increase of 1.8%, and compared to $255.1 million for the quarter ended June 30, 2008, a decrease of 1.7%. Net income for the quarter ended September 30, 2008 was $7.9 million, or $0.20 per share, compared to $11.0 million for the quarter ended September 30, 2007, or $0.26 per share, representing a year over year decline in net income and earnings per share of 28.4% and 23.1%, respectively. Net income for the quarter ended June 30, 2008 was $8.7 million, or $0.22 per share.
LMI Aerospace, Inc.
LMI Aerospace Announces a Conference Call to Discuss 2008 Third Quarter Results
ST. LOUIS, Oct. 28, 2008 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc., (Nasdaq:LMIA), a leading provider of design engineering services, assemblies, kits and structural components to the aerospace, defense and technology industries, plans to issues its third quarter results following the close of the market on Wednesday, November 5, 2008, and host a conference call to discuss the results on Thursday, November 6, 2008, at 8:00 A.M. CST.
PIMCO California Municipal Income Fund
PIMCO California Municipal Income Fund II and PIMCO New York Municipal Income Fund II Report Results for the Fiscal Quarter Ended August 31, 2008
NEW YORK, Oct. 28, 2008 (GLOBE NEWSWIRE) -- PIMCO California Municipal Income Fund II (NYSE:PCK) and PIMCO New York Municipal Income Fund II (NYSE:PNI) (the "Funds") today announced their results for the fiscal quarter ended August 31, 2008. The investment objective of each fund is to provide current income exempt from federal income tax. California Municipal Income Fund II also seeks to provide current income exempt from California state income taxes. New York Municipal Income Fund II also seeks to provide current income exempt from New York state and city income taxes.
Telvent GIT S.A.
Telvent Completes Acquisition of DTN
ROCKVILLE, Md., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Telvent (Nasdaq:TLVT), the IT company for a sustainable and secure world, today announced that it has successfully completed the acquisition of U.S. business information services provider DTN Holding Company, Inc. (DTN). The acquisition of DTN for $445 million (U.S.), previously announced September 15, 2008, was completed after securing all necessary shareholder, regulatory and financing approvals.
Ligand and Pharmacopeia to Present At the Oppenheimer 19th Annual Healthcare Conference
PRINCETON, N.J., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Ligand Pharmaceuticals Incorporated (Nasdaq:LGND) and Pharmacopeia (Nasdaq:PCOP), an innovator in the discovery and development of novel small molecule therapeutics, today announced that John L. Higgins, President and Chief Executive Officer of Ligand, and Dr. Joseph A. Mollica, Interim President and Chief Executive Officer of Pharmacopeia, will deliver a presentation at the Oppenheimer 19th Annual Healthcare Conference. Recently, Ligand and Pharmacopeia entered into a definitive merger agreement, under which Ligand will acquire Pharmacopeia.
Harsco Secures Exclusive Seating Contract for British Open Golf Championship
HARRISBURG, Pa., Oct. 28, 2008 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today its receipt of a multi-year award to serve as the exclusive supplier of grandstand seating and supports for the British Open Golf Championships through the next four years. Harsco's award continues a 20-year relationship with one of the most distinguished events in major championship golf.