latest news releases from the newsroom
Jefferson Bancshares, Inc.
Jefferson Bancshares, Inc. Announces Approval of New Stock Repurchase Program
MORRISTOWN, Tenn., Nov. 13, 2008 (GLOBE NEWSWIRE) -- Jefferson Bancshares, Inc. (Nasdaq:JFBI) (the "Company"), the holding company for Jefferson Federal Bank, announced today that its Board of Directors has approved a fourth stock repurchase program to acquire up to 620,770 shares, or 10% of the Company's outstanding common stock. The Company's third stock repurchase program, which was approved on February 24, 2006 and authorized the Company to acquire up to 690,261 shares of its outstanding common stock, was completed on November 12, 2008. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made from time to time depending on market conditions and other factors. Repurchased shares will he held in treasury.
Pomerantz Haudek Block Grossman & Gross LLP Reminds Investors of Medicis Pharmaceutical Corporation of December 2 Lead Plaintiff Deadline -- MRX
NEW YORK, Nov. 13, 2008 (GLOBE NEWSWIRE) -- Pomerantz Haudek Block Grossman & Gross LLP ("Pomerantz" or the "Firm") remind investors of Medicis Pharmaceutical Corporation ("Medicis" or the "Company") (NYSE:MRX) that December 2 is the deadline to request that the Court appoint you as Lead Plaintiff in the class action. Pomerantz filed an action against the company and certain officers of the Company on behalf of purchasers of Medicis' common stock during the period from October 30, 2003 to September 23, 2008, both dates inclusive, (the "Class Period"). The lawsuit was filed in the United States District Court, District of Arizona for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
Rosetta Resources Inc.
Rosetta Resources Inc. Receives Court Approval for Settlement With Calpine Corporation
HOUSTON, Nov. 13, 2008 (GLOBE NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) ("Rosetta" or the "Company"), an independent oil and gas company, today announced it has received bankruptcy court approval for its settlement agreement with Calpine Corporation ("Calpine"). At the hearing on November 13, 2008, the bankruptcy court approved Calpine's request for court-approval to consummate the October 22, 2008 settlement agreement. No objections to this motion were filed with the court or raised at the hearing by any party. November 24, 2008 is the deadline for appeals of the order to be filed. The settlement agreement allows Rosetta to complete the transaction by which it purchased Calpine's oil and gas business on July 7, 2005. Rosetta anticipates the property purchase will close by December 1, 2008. Rosetta intends to utilize existing cash balances for all payments necessary to complete the settlement.
Northfield Bancorp, Inc.
Northfield Bancorp, Inc. Will Not Apply for Capital Under the U.S. Treasury's Troubled Asset Relief Program
WOODBRIDGE, N.J., Nov. 13, 2008 (GLOBE NEWSWIRE) -- After careful consideration, Northfield Bancorp, Inc. (Nasdaq:NFBK), the parent company of Northfield Bank, has decided it will not apply to participate in the current TARP Capital Purchase Program. John W. Alexander, Chairman, and CEO noted, "The Bank's strong capital position, with total capital to risk-weighted assets in excess of 35%, allows us to effectively execute on our strategic objectives, and continue to originate and invest in loans to creditworthy borrowers in our marketplace."
Delisting of Securities of Washington Mutual, Inc. From The NASDAQ Stock Market
NEW YORK, Nov. 13, 2008 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market announced today that it will delist the Dime Bancorp Litigation Tracking Warrant of Washington Mutual, Inc. Washington Mutual, Inc.'s stock was suspended on November 06, 2008 and has not traded on NASDAQ since that time. NASDAQ will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed. For news and additional information about the company, including the basis for the delisting and whether the company's securities are trading on another venue, please review the company's public filings or contact the company directly.