latest news releases from the newsroom
Jeffersonville Bancorp Announces Third Quarter Earnings and Declares Quarterly Dividend
JEFFERSONVILLE, N.Y., Nov. 12, 2008 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (Nasdaq:JFBC) announced today a third quarter net loss of $2,186,000 ($0.52 per share) compared to earnings of $1,159,000 ($0.27 per share) for the third quarter of 2007. Earnings for the first nine months of 2008 were $69,000 ($0.02 per share) compared to $3,406,000 ($0.80 per share) in 2007.
Ultrapetrol (Bahamas) Limited
Ultrapetrol Announces Third Quarter 2008 Financial Results
NASSAU, Bahamas, Nov. 12, 2008 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation Company serving marine transportation needs in four markets (River Business, Offshore Supply Business, Ocean Business and Passenger Business), today announced financial results for the third quarter ended September 30, 2008.
NASDAQ OMX Wins Corporate Secretary Award
NEW YORK, Nov. 12, 2008 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) was recognized this week by Corporate Secretary Magazine for the "Best Corporate Secretary or General Counsel in an M&A Transaction" Award for its successful combination with OMX, the Stockholm-based exchange and technology company.
First Clover Leaf Financial Corporation
First Clover Leaf Financial Corp. Announces Stock Repurchase Program
EDWARDSVILLE, Ill., Nov. 12, 2008 (GLOBE NEWSWIRE) -- First Clover Leaf Financial Corp. (Nasdaq:FCLF) announced today that its Board of Directors has authorized a stock repurchase program pursuant to which the Company intends to repurchase up to 10% of its issued and outstanding shares, or up to approximately 924,480 shares. The authorization of this repurchase program follows the completion by the Company of its second repurchase program, previously announced in October 2007, wherein the Company repurchased 5% of its then outstanding common stock, or approximately 443,600 shares. The timing of the repurchases will depend on certain factors, including but not limited to, market conditions and prices, the Company's liquidity requirements and alternative uses of capital. The stock repurchase program may be carried out through open-market purchases, block trades, and in negotiated private transactions from time to time. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes.
Paragon Shipping Inc.
Paragon Shipping Inc. Reports Third Quarter 2008 Results
ATHENS, Greece, Nov. 12, 2008 (GLOBE NEWSWIRE) -- Paragon Shipping Inc. (Nasdaq:PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today its results for the three and nine months ended September 30, 2008.
SB Financial Group
Rurban Financial Corp. Elects Not to Participate in TARP Capital Purchase Program
DEFIANCE, Ohio, Nov. 12, 2008 (GLOBE NEWSWIRE) -- Rurban Financial Corp. (Nasdaq:RBNF), a leading provider of full-service community banking, investment management, trust services and bank data and item processing, announced that the Company has elected not to apply or participate in the U.S. Treasury Department's recently announced Troubled Asset Relief Program ("TARP") Capital Purchase Program instituted under the Emergency Economic Stabilization Act of 2008. Under the TARP Capital Purchase Program, the U.S. Treasury will purchase up to $250 billion of senior preferred shares on standardized terms from qualifying financial institutions.