latest news releases from the newsroom
United Online, Inc.
United Online Declares Quarterly Dividend of $0.20 Per Share
WOODLAND HILLS, Calif., Aug. 4, 2008 (PRIME NEWSWIRE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet and media services, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The dividend is payable on August 29, 2008 to shareholders of record on August 14, 2008. This marks the 14th consecutive quarter that United Online will have paid a $0.20 per share cash dividend to its shareholders.
QLogic and 40 HPC Vendors Collaborate to Validate InfiniBand Interoperability
ALISO VIEJO, Calif., Aug. 4, 2008 (PRIME NEWSWIRE) -- QLogic Corp. (Nasdaq:QLGC), a leading supplier of high performance network infrastructure solutions, today announced a collaboration with 40 HPC vendors to validate InfiniBand network interoperability with over 50 different vertical applications, middleware, storage systems, cables and optics necessary to configure an HPC cluster. QLogic and other industry leaders are collaborating to address the need for systematic certification of product interoperability and performance optimization to form pre-qualified HPC solutions. The results are published in the QLogic HPC Interoperability Guide and downloadable at http://www.qlogic.com/interoperability/HPCInteroperability.aspx
Cape Fear Bank Corporation
Cape Fear Bank Corp. Reports 2008 Second Quarter Results
WILMINGTON, N.C., Aug. 4, 2008 (PRIME NEWSWIRE) -- Cape Fear Bank Corporation (the "Company") (Nasdaq:CAPE) today reported a net loss of ($599,000) or ($0.16) per diluted share for the second quarter of 2008 compared with net income of $499,000 or $0.13 per diluted share for the second quarter of 2007. For the first six months of 2008, the Company recorded a net loss of ($1.0) million, or ($0.27) per diluted share, compared with net income of $933,000, or $0.24 per diluted share, for the prior year period. The decline in earnings in the first half of 2008 reflects the combined impact of compression of the net interest margin, increased provisions for loan losses, increased operating expenses and expenses associated with compliance as a result of dissident shareholder proxy battle proceedings.