latest news releases from the newsroom
Myriad Group AG
Esmertec Reports Record-High Shipments in 2007
DUEBENDORF-ZURICH, Switzerland, Feb. 22, 2008 (PRIME NEWSWIRE) -- Esmertec(tm) (SWX:ESMN), a leading edge provider of software platforms, applications and services to communications device manufacturers and mobile telecom operators, is pleased to announce that its Q4 2007 shipments as well as full year shipments reached record levels. The audited final results of fiscal year 2007 will be disclosed April 10, 2008 as already announced.
Toll Brothers, Inc.
Toll Brothers to Webcast Live March 3rd and March 5th, 2008 Investor Conference Presentations
HORSHAM, Pa., Feb. 21, 2008 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will make presentations to the investment community via live audio webcast at The Raymond James 29th Annual Institutional Investors Conference in Orlando, Florida on Monday, March 3, 2008 at 1:05 p.m. (EST) and at The Citi Investment Research 21st Annual Global Industrial Manufacturing Conference in New York City on Wednesday, March 5, 2008 at 10:30 a.m. (EST).
Sonn & Erez PLC
Sonn & Erez Attorneys File Arbitration Claims Against Morgan Keegan for Bond Fund Losses
FORT LAUDERDALE, Fla., Feb. 21, 2008 (PRIME NEWSWIRE) -- Sonn & Erez (http://www.sonnerez.com) attorneys today announced that it has filed an arbitration action against Morgan Keegan & Company Inc. relating to the sales and management of its proprietary bond mutual funds. Sonn & Erez filed the arbitration case of Louis Velez vs. Morgan Keegan and Company Inc. (FINRA Case No.08-491) before the Financial Regulatory Authority. The suit for a Little Rock, Arkansas customer of Morgan Keegan alleges that the Morgan Keegan proprietary funds, known as RMK Advantage Income Fund, RMK MultiSector High Income Fund, RMK Strategic Income Fund, RMK High Income Fund, sustained horrific losses because of their "common strategy of investing in volatile, risky and illiquid investments such as collateralized debt obligations ('CDO')," the suit alleges. The suit also alleged that, "Morgan Keegan was also the administrator and distributor for the RMK funds and deceptively marketed the RMK bond funds as conservative bond investments. For example, in (a) September 30, 2006 Annual Report, Morgan Keegan stated that 'Bond funds tend to experience smaller fluctuations in value than stock funds.'" However, by September 20, 2007, Morgan Keegan revised its statements to read, "Investors in any bond fund should anticipate fluctuations in price, and removed its prior statement that stated that bond funds experience smaller fluctuations than stock funds. Morgan Keegan by its very own actions admits that its pre-September, 2007 disclosures were inaccurate and mislead investors and its own stockbrokers."
Capital City Bank Group, Inc.
Capital City Bank Group, Inc. Announces Quarterly Dividend
TALLAHASSEE, Fla., Feb. 21, 2008 (PRIME NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (Nasdaq:CCBG) declared the company's quarterly cash dividend in the amount of $.185 per share of the common stock of the corporation. The cash dividend is payable on March 25, 2008 to shareowners of record as of March 11, 2008. The dividend yield is 2.70% based on a closing stock price of $27.43 on February 20, 2008.
Arasan Chip Systems, Inc.
Arasan Chip Systems First to Announce Availability of eMMC IP Cores
SAN JOSE, Calif., Feb. 21, 2008 (PRIME NEWSWIRE) -- Arasan Chip Systems, Inc., "Arasan" a leader in Intellectual Property (IP) solutions -- IP cores, Verification IP (VIP), Software Drivers and Stacks and Hardware Solutions, announced today the availability of the Embedded MMC version 4.3 IP core, better known as eMMC. On the heels of the joint announcement by MMCA and JEDEC, Arasan has made the eMMC IP controller readily available. Chip vendors now have immediate access to the latest multimedia controller IP enabling easy adoption.
Bel Air Music
Photo Release -- Crooner Brian Evans Headed to Malaysia in May
LOS ANGELES, Feb. 21, 2008 (PRIME NEWSWIRE) -- One of the newest "crooners" in the swing music genre is headed to Malaysia for a private concert. Evans, who is currently recording his major label debut, to be released internationally, will promote the new CD with a series of television appearances in Asia.
Aventine Renewable Energy Holdings, Inc.
Aventine Earnings Increase Over Third Quarter
PEKIN, Ill., Feb. 21, 2008 (PRIME NEWSWIRE) -- Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), a leading producer, marketer and end-to-end provider of clean renewable energy, today released its results for the fourth quarter and full-year ended December 31, 2007.
Nalco Forms Air Pollution Control Center of Innovation
NAPERVILLE, Ill., Feb. 21, 2008 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC) has announced the establishment of a focused research center to develop new solutions to reduce air pollution. The Air Pollution Control Center of Innovation will target ways to remove heavy metals such as mercury and selenium from air emissions and to reduce carbon and acid rain-related impacts by cutting the creation of nitrogen and sulfur oxides and greenhouse gases.