latest news releases from the newsroom
Universal Detection Technology
Universal Detection Technology Receives Purchase Order From the United States Army Corps of Engineers
LOS ANGELES, Oct. 17, 2008 (GLOBE NEWSWIRE) -- Universal Detection Technology (www.udetection.com) (OTCBB:UNDT) (Frankfurt:PO8), a developer of early-warning monitoring technologies to protect people from bioterrorism and other infectious health threats and provider of counter-terrorism consulting and training services, reported today that it has received a purchase order for its anthrax detection equipment from the United States Army Corps of Engineers. The detection equipment is designed to check for anthrax and can return results in as little as 3 minutes.
ImaRx Therapeutics, Inc.
ImaRx Therapeutics Receives NASDAQ Delisting Notification
TUCSON, Ariz., Oct. 17, 2008 (GLOBE NEWSWIRE) -- ImaRx Therapeutics, Inc. (Nasdaq:IMRX) today announced that it has been advised by The Nasdaq Stock Market ("NASDAQ") pursuant to Marketplace Rule 4300 that, in view of the company's recent business dispositions, it no longer has an operating business. Consequently, trading of the company's common stock will be suspended at the opening of business on October 22, 2008, and a Form 25-NSE will be filed with the Securities and Exchange Commission removing the company's securities from listing and registration on The Nasdaq Stock Market. The company does not intend to appeal NASDAQ's decision.
First Horizon National Corporation
First Horizon Announces Third Quarter 2008 Results
MEMPHIS, Tenn., Oct. 17, 2008 (GLOBE NEWSWIRE) -- MEMPHIS, Tenn. First Horizon National Corp. (NYSE:FHN) achieved continued success in its business repositioning efforts in the third quarter of 2008 despite a particularly challenging operating environment for the financial services industry.
Heritage Oaks Bancorp
Heritage Oaks Bancorp Reports Third Quarter Profits; Sets Aside $3.2 Million Into Allowance for Loan Loss Provision; Remains Well Capitalized
PASO ROBLES, Calif., Oct. 17, 2008 (GLOBE NEWSWIRE) -- Heritage Oaks Bancorp (Nasdaq:HEOP), the parent company of Heritage Oaks Bank, today reported that following a $3.2 million provision for loan losses, it earned $534,000, or $0.07 per diluted share for the third quarter of 2008, compared to $1.6 million, or $0.23 per diluted share, in the third quarter a year ago. For the first nine months of 2008, net income was $2.9 million, or $0.37 per diluted share, compared to $4.9 million, or $0.70 per diluted share, in the first nine months of 2007. Earnings per share was impacted by the October 2007 acquisition of Business First National Bank of Santa Barbara, in which Heritage Oaks Bank issued 850,213 shares, resulting in an 12% increase in the number of average diluted shares outstanding compared to the third quarter of 2007.