latest news releases from the newsroom
PSB Group, Inc.
PSB Group, Inc. Announces Second-Quarter Dividend
MADISON HEIGHTS, Mich., April 21, 2006 (PRIMEZONE) -- The Board of Directors of PSB Group, Inc., (OTCBB:PSBG), the bank holding company for Peoples State Bank, a Michigan state-chartered bank with offices in Wayne, Oakland, Macomb and Genesee Counties, declared the payment of a quarterly cash dividend of $0.18 per share to Shareholders of Common Stock.
Gardant Pharmaceuticals, Inc.
Gardant Pharmaceuticals, Inc Announces Record Date for First Spin-Off
NEW YORK, April 21, 2006 (PRIMEZONE) -- Gardant Pharmaceuticals, Inc. (OTCBB:GRDPE) announces that the spin off record date for Accura Pharma PLC is the close of business today 21st April, 2006. Shareholders of record at the close of business today shall receive 1.7 shares of Accura Pharma PLC for every one share held in Gardant Pharmaceuticals, Inc. Shares are expected to be mailed to shareholders on or about 15th May, 2006. The shares will be restricted for a period of 6 months. Accura Pharma PLC is a privately held company that is currently in the process of listing for trading on a public exchange in the United Kingdom.
Idaho Independent Bank
Idaho Independent Bank to Break Ground on a New Downtown Boise Building April 21, 2006
BOISE, Idaho, April 21, 2006 (PRIMEZONE) -- Idaho Independent Bank (OTCBB:IIBK) and Brighton Corporation announced today the start of construction on a new six-story Idaho Independent Bank Building in downtown Boise. A groundbreaking ceremony will take place Friday, April 21, 2006, at 11:00 a.m. The new building, to be located at 401 West Front Street, will be Idaho Independent Bank's (IIB) eighth branch in the Treasure Valley. IIB's full-service branch, commercial lending offices, and drive-thru will occupy the ground floor, while the second floor will house IIB administrative offices. IIB plans to provide full-service banking, including personal and business loans and deposits, cash management services, safe deposit boxes, drive-thru banking, courier services, etc. In addition, the new building will offer commercial and office space on the remaining four floors. The 84,386 square foot project is scheduled to be completed by May of 2007.
LA INC. Teams With HEILBrice to Help Drive Los Angeles Tourism
LOS ANGELES, April 21, 2006 (PRIMEZONE) -- LA INC. The Los Angeles Convention and Visitors Bureau announced it has selected HEILBrice as its advertising agency of record. HEILBrice will handle all advertising and marketing efforts for LA INC. including the expansion of the "see my LA" campaign into major media.
AutoZone Appoints New CFO
MEMPHIS, Tenn., April 21, 2006 (PRIMEZONE) -- AutoZone, Inc. (NYSE:AZO), the nation's leading auto parts retailer, today announced William (Bill) T. Giles will join the Company as Executive Vice President and Chief Financial Officer. Giles comes to AutoZone after 15 years with Linens 'n Things where he was most recently Executive Vice President and Chief Financial Officer.
Community Shores Bank Corporation
Community Shores Reports First Quarter 2006 Earnings
MUSKEGON, Mich., April 21, 2006 (PRIMEZONE) -- Community Shores Bank Corporation (Nasdaq:CSHB), Muskegon's only locally-headquartered independent community banking organization, today reported first quarter 2006 net income of $363.8 thousand, virtually unchanged from $362.1 thousand earned in the first quarter of 2005. Diluted earnings per share for both quarters was $0.25.