latest news releases from the newsroom
Carver Bancorp, Inc.
Carver Bancorp, Inc. Reports Third Quarter Results
NEW YORK, Feb. 20, 2007 (PRIME NEWSWIRE) -- Carver Bancorp, Inc. (the "Company" or "Carver") (AMEX:CNY), the holding company for Carver Federal Savings Bank (the "Bank"), today announced its results of operations for the three- and nine-month periods ended December 31, 2006, the third quarter of the fiscal year ending March 31, 2007.
Rosetta Resources Inc.
Rosetta Resources Inc. Replaces 245 Percent of Its Production in 2006
HOUSTON, Feb. 20, 2007 (PRIME NEWSWIRE) -- Rosetta Resources Inc. (Nasdaq:ROSE) announced today that its total proved oil and natural gas reserves as of December 31, 2006 were 407.8 billion cubic feet of gas equivalents (Bcfe), consisting of 390.2 Bcfe of natural gas and 2.9 million barrels of crude oil and condensate. The year end 2006 reserve number increased 14% over the year end 2005 number of 359 Bcfe, primarily due to organic drilling activity. The increase in 2006 proved reserves of 82 Bcfe includes 76 Bcfe from organic means and represents a 245% reserve replacement. The year end proved SEC pre-tax PV10 number for the company was $801 million using a flat average natural gas price of $5.84 per Mcf and an oil price of $58.82 per Bbl. This number does not include the year end PV10 of the company's hedging program of $75 million. The year end reserve number excludes 23.4 Bcfe of proved reserves associated with the properties that have not yet been conveyed to Rosetta by Calpine. The pre-tax SEC PV10 value of these properties was $53 million at year end.
FuelCell Energy, Inc.
FuelCell Energy Signs 10-Year Manufacturing and Distribution Agreement with South Korea's Leading Independent Power Producer, POSCO Power
DANBURY, Conn., Feb. 20, 2007 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of efficient, ultra-clean power generation plants for commercial and industrial customers, today announced an expanded agreement with its Korean strategic distribution partner, POSCO (NYSE:PKX). Under the agreement, POSCO's subsidiary POSCO Power will become a provider of FuelCell Energy's Direct FuelCell(r) (DFC(r)) power plants in Korea, and will manufacture the balance of plant equipment for the plants.
Dow Jones Indexes
Dow Jones Wilshire 5000 Reaches Record High
NEW YORK, Feb. 20, 2007 (PRIME NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, and Wilshire Associates Inc., a global leader in investment technology, investment consulting and investment management, announced that the Dow Jones Wilshire 5000(sm), the most comprehensive measure of the U.S. stock market, today closed at a new record high. The Dow Jones Wilshire 5000 reached its previous highest close of 14751.64 on March 24, 2000, a time when crude oil was trading at $32.19/barrel, Angelina Jolie was two days away from winning an Academy Award for "Girl, Interrupted" and the dot com bubble was about to burst.
Radiant Logistics, Inc.
Radiant Launches New International Services Offering Through Radiant Logistics Global Services, Inc.
BELLEVUE, Wash., Feb. 20, 2007 (PRIME NEWSWIRE) -- Radiant Logistics, Inc. (OTCBB:RLGT), a domestic and international freight forwarding and logistics services company, today announced the launch of Radiant Logistics Global Services, Inc. ("Global Services") to compliment its existing Airgroup operations with incremental international air and ocean freight forwarding and logistics capabilities at key gateways across the United States. Industry veteran, Gary Syner joins the Company as Vice President of International Services and will assume overall responsibility for the continued development of the Company's overseas network of international agents and act as a resource for the entire organization to coordinate the Company's international activities.
WCI Communities, Inc.
WCI Schedules Fourth Quarter and Fiscal Year 2006 Earnings Release Date and Conference Call
BONITA SPRINGS, Fla., Feb. 20, 2007 (PRIME NEWSWIRE) -- WCI Communities, Inc. (NYSE:WCI), a leading builder of traditional and tower residences in highly amenitized lifestyle communities, has scheduled its fourth quarter and fiscal year 2006 earnings release and conference call for Tuesday, February 27, 2007. The company expects to issue the earnings press release before the market opens with a conference call to discuss the results commencing at 9:30 AM EST.