latest news releases from the newsroom
Tecumseh Products Company
Tecumseh Products Company Reports Second Quarter 2008 Results
ANN ARBOR, Mich., Aug. 6, 2008 (PRIME NEWSWIRE) -- Tecumseh Products Company (Nasdaq:TECUA) (Nasdaq:TECUB), a leading global manufacturer of compressors and related products, today announced results for its second quarter ended June 30, 2008.
State Bancorp, Inc.
State Bancorp, Inc. Announces Settlement of Shareholder Derivative Lawsuit
JERICHO, N.Y., Aug. 6, 2008 (PRIME NEWSWIRE) -- State Bancorp, Inc. (the "Company") announced today that final approval of the Stipulation of Settlement relating to the previously disclosed shareholder derivative lawsuit was signed by Judge Ira B. Warshawsky at the Supreme Court of the State of New York, County of Nassau on Tuesday, August 5, 2008. The litigation, as previously disclosed in the Company's Form 10-K and 10-Q filings with the Securities and Exchange Commission, arose in July 2007. The terms of the settlement can be found in the Company's Form 8-K filed on August 6, 2008. The final settlement is subject to a statutory thirty day appeal period.
Newtek Business Services Inc.
Newtek Business Services Reports Second Quarter 2008 Financial Results
NEW YORK, Aug. 6, 2008 (PRIME NEWSWIRE) -- Newtek Business Services, Inc. (Nasdaq:NEWT) (www.newtekbusinessservices.com), a provider of business services and financial products to the small- and medium-sized business market, reports today its financial results for the three and six months ended June 30, 2008.
First Peoples Bank
FPB Bancorp, Inc. Reports Second Quarter Results
PORT ST. LUCIE, Florida, Aug. 6, 2008 (PRIME NEWSWIRE) -- FPB Bancorp, Inc. (Nasdaq:FPBI), a Florida bank holding company whose subsidiary is First Peoples Bank, announced today second quarter net losses of $291,000 or ($.14) per basic and diluted share, compared to net earnings of $37,000 or $.02 per basic and diluted share for the second quarter of 2007. Year-to-date net loss is $672,000 or ($.33) per basic and diluted share, compared to net earnings for the same period in 2007 of $123,000 or $.06 per basic and diluted share. Total consolidated assets at June 30, 2008 were $213.7 million, as compared to $196.8 million at December 31, 2007, an increase of 9%.
RedChip Companies Inc.
RedChip Visibility Issues 4QFY08 Research Report Update On GeoPharma
ORLANDO, Fla., Aug. 6, 2008 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., has issued a fourth quarter fiscal 2008 research report update for GeoPharma, Inc. (Nasdaq:GORX), a company specializing in the manufacture and distribution of over-the-counter, nutritional, generic drug and functional food products.