latest news releases from the newsroom
American Independence Financial Services
American Independence Financial Services, LLC Announces Creation of New Asset Management Affiliate
NEW YORK, March 6, 2007 (PRIME NEWSWIRE) -- American Independence Financial Services, LLC (American Independence) announced today the formation of a new asset management affiliate, American Independence Capital Management, LLC (AICM), to strengthen its proprietary asset management business. Miller & Jacobs Capital, LLC (MJC), a New York and St. Croix based asset manager, will be co-owner of the new AICM and an investor in American Independence. MJC, a Registered Investment Advisor with a 10-year operating history in Financial Services, will provide AICM with research, trading and money management expertise.
The NASDAQ OMX Group, Inc.
Delisting of Securities of Familymeds Group, Inc. From The NASDAQ Stock Market
NEW YORK, March 6, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market(r) announced today that it will delist the common stock of Familymeds Group, Inc. Familymeds Group, Inc.'s stock was suspended on January 18, 2007 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.
Warren Resources, Inc.
Warren Resources Announces Fourth Quarter and Year-End 2006 Results
NEW YORK, March 6, 2007 (PRIME NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES) today announced its fourth quarter and full year 2006 financial results. Warren reported 2006 net income of $0.7 million or $0.01 per share compared to a net loss of $8.9 million or $(0.23) per share for 2005. The net income reported for 2006 included a non-cash charge of $4.6 million primarily related to the recording in the fourth quarter of 2006 of an impairment expense for its entire interest in the uneconomic Pacific Isle unit coalbed methane pilot located in the Pacific Rim of the western Washakie Basin in Wyoming.
Toll Brothers, Inc.
Toll Brothers to Webcast Live Its Presentation At the UBS US Home Building and Building Products Conference On Thursday, March 15, 2007
HORSHAM, Pa., March 6, 2007 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, will make a presentation to the investment community via live audio webcast at the UBS US Home Building and Building Products Conference in London, England on Thursday, March 15, 2007 at 11:30 a.m. EDT.