latest news releases from the newsroom
Frequency Electronics, Inc.
Frequency Electronics, Inc. Announces Second Quarter Fiscal Year 2008 Results
MITCHEL FIELD, N.Y., Dec. 7, 2007 (PRIME NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq:FEIM) reported revenues of $17.5 million for the second quarter of fiscal year 2008, which ended October 31, 2007, up 22% from $14.3 million for the same period of fiscal 2007. For the six month period ended October 31, 2007, revenues were $33.1 million compared to $28.6 million in the same period of the previous fiscal year.
Harsco Reaffirms Global Growth Prospects At Annual Analysts Conference
HARRISBURG, Pa., Dec. 7, 2007 (PRIME NEWSWIRE) -- Addressing the investment community today in New York City, Harsco Corporation (NYSE:HSC) Chairman and Chief Executive Officer Derek C. Hathaway and the Company's senior management team reaffirmed the Company's continued confidence in its global growth prospects. Joining Mr. Hathaway were Salvatore D. Fazzolari, President and Chief Financial Officer; Geoffrey D. H. Butler, CEO of the Company's Access Services and Mill Services Groups; and Richard C. Neuffer, President of the Minerals & Rail Services and Products Group.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman-Built Bertholf, Nation's First National Security Cutter, Begins Sea Trials
PASCAGOULA, Miss., Dec. 7, 2007 (PRIME NEWSWIRE) -- The Northrop Grumman-built (NYSE:NOC) Bertholf (WMSL 750), the first National Security Cutter (NSC), sailed away from the company's Pascagoula facility under its own power for the first time Tuesday morning to begin its Machinery Trials. The U.S. Coast Guard cutter is now in its third day of trials in the Gulf of Mexico; early reports on the on-going testing have been positive.
Entropic Communications Announces Pricing of Initial Public Offering
SAN DIEGO, Calif., Dec. 7, 2007 (PRIME NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR) today announced an initial public offering of 8,000,000 shares of its common stock at a price of $6.00 per share (before underwriting discounts and commissions). All of such shares are being offered by Entropic Communications. Certain selling stockholders have granted the underwriters a 30-day option to purchase a total of up to 1,200,000 additional shares of common stock at the initial public offering price, less underwriting discounts and commissions, to cover over-allotments, if any. Entropic Communications' common stock is expected to begin trading on December 7, 2007 on the NASDAQ Global Market under the symbol "ENTR".