latest news releases from the newsroom
PIMCO California Municipal Income Fund II
PIMCO California Municipal Income Fund II and PIMCO New York Municipal Income Fund II Report Results for the Fiscal Quarter and Year Ended May 31, 2007
NEW YORK, Aug. 3, 2007 (PRIME NEWSWIRE) -- PIMCO California Municipal Income Fund II (NYSE:PCK) and PIMCO New York Municipal Income Fund II (NYSE:PNI) (the "Funds") today announced their results for the fiscal quarter and year ended May 31, 2007. The investment objective of each fund is to provide current income exempt from federal income tax. California Municipal Income Fund II also seeks to provide current income exempt from California state income taxes. New York Municipal Municipal Income Fund II also seeks to provide current income exempt from New York state and city income taxes.
Scott+Scott, LLP Files Securities Class Action Lawsuit Against American Home Mortgage Investment Corp. On Behalf of Investors -- AHM
COLCHESTER, Conn., Aug. 3, 2007 (PRIME NEWSWIRE) -- On August 2, 2007, Scott+Scott, LLP filed a class action against American Home Mortgage Investment Corp. ("American Home Mortgage" or the "Company") (NYSE:AHM) and certain officers and directors in the U.S. District Court for the Eastern District of New York. The action is on behalf of American Home Mortgage common stock purchasers during the period July 26, 2006, through July 27, 2007, 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.
Anchor BanCorp Wisconsin Inc.
Anchor BanCorp Wisconsin Inc. Announces First Quarter Earnings
MADISON, Wis., Aug. 3, 2007 (PRIME NEWSWIRE) -- Anchor BanCorp Wisconsin Inc. (Nasdaq:ABCW) announced net income of $9.9 million for the quarter ended June 30, 2007. This compares to net income for the same quarter of the previous fiscal year of $10.6 million. The loan loss provision was $2.3 million for the quarter compared to $1.2 million a year ago, an increase of $1.1 million.
Silver Horn Mining Ltd.
World Energy Solutions UK to Commence Commercial Operations in Europe
ST. PETERSBURG, Fla., Aug. 3, 2007 (PRIME NEWSWIRE) -- World Energy Solutions, Inc. (OTCBB:WEGY), a company focused on energy conservation technologies and environmental sustainability, reports that it has formed a United Kingdom subsidiary to establish the international presence necessary to begin aggressively marketing its energy saving products and systems in Europe.