latest news releases from the newsroom
Global Beverage, Inc.
Global Beverage Solutions, Inc. Receives $425,000 in Equity Capital
TULSA, Okla., June 23, 2006 (PRIMEZONE) -- Global Beverage Solutions, Inc. (OTCBB:GBVS) announced today that it has received $425,000 in a private placement transaction wherein GBVS sold 425,000 shares of its common stock at a sales price of $1.00 per share. The total equity capital raised by the company at the $1.00 offering price now totals $1,266,000.
Guaranty Federal Bancshares, Inc.
Guaranty Federal Bancshares, Inc. Announces Quarterly Dividend
SPRINGFIELD, Mo., June 23, 2006 (PRIMEZONE) -- Guaranty Federal Bancshares, Inc., (Nasdaq:GFED), the holding company for Guaranty Bank, today announced a quarterly dividend of $0.165 per share on 2,792,525 shares of its common stock to be paid on July 14, 2006, to stockholders of record on July 3, 2006.
Auto Data Network, Inc.
Auto Data Network, Inc.'s CEO, Ian Warwick, Provides Corporate Update
LONDON and NEW YORK, June 23, 2006 (PRIMEZONE) -- Auto Data Network, Inc. (Pink Sheets:ADNW) CEO Ian Warwick today provides an update on the company's progress. Warwick commented, "Since I took over as CEO of the company I have had to deal with a variety of challenging issues whilst directing the company down a path to maximise value. Aside from the general economic conditions in the Automotive Industry, Auto Data Network had expanded rapidly over the previous 24 month period and faced issues with the integration of the acquisitions which have hindered progress." Warwick continued, "This being said we are now beginning to see the benefits of our repositioning."
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping, Inc. Announces Private Placement
NEW YORK, June 23, 2006 (PRIMEZONE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) today announced that it has entered into definitive agreements with institutional investors for the private placement of 2,750,000 shares of Eagle Bulk's common stock at a price of $12 per share resulting in $33 million of total proceeds. The Company expects to issue the shares on or around June 28, 2006.
Novo Nordisk A/S
Novo Nordisk Treasury Stock
BAGSVAERD, Denmark, June 23, 2006 (PRIMEZONE) -- At Novo Nordisk's ordinary general meeting on 8 March 2006 it was decided to reduce the company's B share capital from nominally DKK 601,901,120 B share capital to nominally DKK 566,432,800 B share capital by cancellation of nominally DKK 35,468,320 of the company's holding of own B shares.
Home BancShares, Inc.
Home BancShares, Inc. Prices Public Offering of Common Stock
CONWAY, Ark., June 23, 2006 (PRIMEZONE) -- John W. Allison, Chairman and Chief Executive Officer of Home BancShares, Inc. (Nasdaq:HOMB) announced today it has priced its public offering of 2.5 million shares of its common stock at $18.00 per share. Home BancShares has granted the underwriter an option to purchase up to an additional 375,000 shares of common stock to cover over-allotments. The offering is subject to customary closing conditions and is expected to close on Wednesday, June 28, 2006. The company expects to receive net proceeds of approximately $41.1 million from its sale of shares after deducting sales commissions and expenses. The company intends to use the proceeds of the offering for general corporate purposes, which may include, among other things, working capital needs and providing investments in bank subsidiaries. A portion of the net proceeds may be used to finance bank acquisitions, though no present plans exist.