latest news releases from the newsroom
Japan Servo to Establish Production Base in Vietnam
KYOTO, Japan, Nov. 20, 2007 (PRIME NEWSWIRE) -- Nidec Corporation ("Nidec") (NYSE:NJ) today announced that one of its consolidated subsidiaries Japan Servo Co., Ltd. ("Japan Servo," Tokyo Stock Exchange Second Section:6585) has resolved at a board meeting held today to establish a manufacturing subsidiary in Vietnam.
Business Leaders Orestis and Ayotte Join Northeast Bancorp Board
LEWISTON, Maine, Nov. 19, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Northeast Bancorp (Nasdaq:NBN), the parent company of Northeast Bank welcomed John C. Orestis of Portland and Conrad L. Ayotte of Manchester as new board members approved at the recent Annual Meeting of Shareholders held on Wednesday, November 7th at the Hilton Garden Inn, in Auburn.
Frozen Food Express Industries, Inc.
Frozen Food Express Industries, Inc. Announces Cash Dividend
DALLAS, Nov. 19, 2007 (PRIME NEWSWIRE) -- Frozen Food Express Industries, Inc. (Nasdaq:FFEX) announced today that its Board of Directors declared a cash dividend of $0.03 per share of its common stock. The dividend will be paid on December 14, 2007 to shareholders of record as of November 28, 2007.
Scott+Scott, LLP Files Securities Class Action Lawsuit Against FX Energy, Inc. On Behalf of Investors -- FXEN
COLCHESTER, Conn., Nov. 19, 2007 (PRIME NEWSWIRE) -- On November 13, 2007, Scott+Scott, LLP, filed a class action against FX Energy, Inc. ("FX Energy" or the "Company") (Nasdaq:FXEN) and certain officers and directors in the U.S. District Court for the District of Utah. The action is on behalf of FX Energy common stock purchasers during the period March 30, 2004, through January 5, 2006, inclusive (the "Class Period''), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's business and operations and that, as a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.
Power Integrations, Inc.
Appeals Court Upholds ITC Decision in Favor of Power Integrations
SAN JOSE, Calif., Nov. 19, 2007 (PRIME NEWSWIRE) -- Power Integrations (Nasdaq:POWI) today announced that the U.S. Court of Appeals for the Federal Circuit has affirmed the decision of the U.S. International Trade Commission (ITC) that certain power-supply controllers produced by System General Corp. (SG) infringe Power Integrations U.S. Patent Nos. 6,351,398 and 6,538,908, in violation of section 337 of the Tariff Act of 1930. As a result, the exclusion order issued in 2006 by the ITC will remain in effect. The exclusion order prohibits the importation of SG's infringing products into the U.S., as well as the importation of any LCD monitors and printer adapters containing the infringing parts.