latest news releases from the newsroom
FreeSeas Inc. Announces New Time Charter for Free Destiny
PIRAEUS, Greece, July 23, 2008 (PRIME NEWSWIRE) -- FreeSeas Inc. (Nasdaq:FREE), (Nasdaq:FREEW), (Nasdaq:FREEZ) ("FreeSeas" or "the Company"), a provider of seaborne transportation for drybulk cargoes, announced today that the Free Destiny, a 1982-built, 25,240 dwt Handysize vessel, has been delivered to her charterers for a 60 to 90 day spot charter at a rate of $28,500 per day.
Merit Medical Systems, Inc.
Merit Medical Announces Updated Guidance for Gross Margins, Profits and Sales
SOUTH JORDAN, Utah, July 23, 2008 (PRIME NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology and radiology procedures, today announced that the Company has updated its guidance for its estimated gross margin percentage for the year ended December 31, 2008 to approximately 41.4%, an increase of 150 basis points from the previously announced goal of 39.9%.
ACI Worldwide, Inc.
ACI Worldwide, Inc. to Release June 2008 Quarterly Financial Results
NEW YORK, July 23, 2008 (PRIME NEWSWIRE) -- ACI Worldwide, Inc. (Nasdaq:ACIW) today announced that it will hold a conference call on August 12, 2008 at 8:30 am EDT to discuss the June 30, 2008 quarterly financial results. Interested persons may access a real-time audio broadcast of the teleconference at www.aciworldwide.com/investors or use the following numbers for dial in participation: US/Canada: (800) 340-8364, International/Local: (706) 634-2207. Please provide your name, the conference name ACI Worldwide, Inc. and conference code 57035367.
Merit Medical Systems, Inc.
Merit Medical Reports 62 Percent Increase in Net Earnings On 500-Basis Point Gross Margin Improvement
SOUTH JORDAN, Utah, July 23, 2008 (PRIME NEWSWIRE) -- Merit Medical Systems, Inc. (Nasdaq:MMSI), a leading manufacturer and marketer of proprietary disposable devices used primarily in cardiology and radiology procedures, today announced record revenues of $57.4 million for its second quarter ended June 30, 2008, compared with $51.8 million for the second quarter of 2007, an increase of 11%. Revenues for the six-month period ended June 30, 2008 were a record $111.0 million, compared with $102.8 million for the same six-month period in 2007, a gain of 8%.
I.D. Systems, Inc.
I.D. Systems, Inc. to Announce Q2 2008 Financial Results On July 31, 2008
HACKENSACK, N.J., July 23, 2008 (PRIME NEWSWIRE) -- I.D. Systems, Inc. (Nasdaq:IDSY) will be holding its quarterly financial results conference call for investors and analysts on July 31, 2008 at 4:45 p.m. ET. The financial results announcement is scheduled to cross the wire shortly after the market close on July 31, 2008. I.D. Systems, Inc. is sending out this release regarding Q2 2008 to comply with Federal Regulation FD.
Gateway Financial Holdings, Inc.
Gateway Financial Holdings, Inc. Declares Cash Dividend
VIRGINIA BEACH, Va., July 23, 2008 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., announced that its board of directors declared a quarterly cash dividend of $0.08 per share.
Sun American Bancorp
Sun American Bancorp to Present At Keefe, Bruyette & Woods 9th Annual Community Bank Investor Conference
BOCA RATON, Fla., July 23, 2008 (PRIME NEWSWIRE) -- Sun American Bancorp ("Sun American") (Nasdaq:SAMB), the bank holding company for Sun American Bank, today announced that it will be participating in Keefe, Bruyette & Woods 9th Annual Community Bank Investor Conference for the third year, to be held July 29-30, 2008 at the Waldorf Astoria Hotel located in New York City. Michael Golden, President, Chairman and CEO, Robert Nichols, CFO, and Robert Garrett, Chief Lending Officer of Sun American Bank are scheduled to speak at 9:30 a.m., EDT on July 29 and are expected to discuss the Company's business structure, financial overview and market conditions. Sun American Bank is a $649 million asset bank with 14 branches throughout South Florida as of June 30, 2008.
Hampton Roads Bankshares, Inc.
Dividend Declared by Hampton Roads Bankshares
NORFOLK, Va., July 23, 2008 (PRIME NEWSWIRE) -- The Board of Directors of Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), the financial holding company for Bank of Hampton Roads and Shore Bank, declared a quarterly dividend in the amount of $0.11 per share on the Company's common stock, payable on September 15, 2008, to shareholders of record as of August 15, 2008. This will be the Company's 27th consecutive dividend payment.
Acxiom to Discuss First Quarter Earnings
LITTLE ROCK, Ark., July 23, 2008 (PRIME NEWSWIRE) -- Acxiom(r) Corporation (Nasdaq:ACXM) expects to issue its FY 2009 first quarter earnings release on Wednesday, July 30, 2008, following market close. A conference call will be held at 4:30 p.m. CDT the same day, on Wednesday, July 30, 2008 to discuss the results.