latest news releases from the newsroom
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".
Hurco Companies, Inc.
Hurco Reports Strong Full-Year and Fourth Quarter Results
INDIANAPOLIS, Dec. 7, 2007 (PRIME NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq:HURC), today reported for its fiscal year ending October 31, 2007, net income of $20,889,000, or $3.24 per share, which is an increase of 35% over fiscal 2006 net income of $15,479,000, or $2.42 per share. For the fourth quarter of fiscal 2007, Hurco recorded net income of $5,648,000, or $0.88 per share, which is an increase of 20% over $4,714,000, or $0.74 per share, for the corresponding period in fiscal 2006.