latest news releases from the newsroom
Distributed Energy Systems Corp.
Distributed Energy Systems Corp. and Northern Power Systems, Inc. File Voluntary Chapter 11 Petitions
WALLINGFORD, Conn., June 4, 2008 (PRIME NEWSWIRE) -- Distributed Energy Systems Corp. (Nasdaq:DESC) announced today that the corporation and its wholly-owned subsidiary, Northern Power Systems, Inc., have filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code. The company determined today's voluntary filings were necessary to complete going-concern sales of the Northern Power unit and another wholly-owned subsidiary, Proton Energy Systems, Inc., and was the best course of action to maximize the value of the company's assets for all stakeholders including its 175 employees.
Quanex Building Products Corporation
Quanex Building Products Corporation Webcast of Fiscal 2008 Second Quarter Results Conference Call
HOUSTON, June 4, 2008 (PRIME NEWSWIRE) -- In conjunction with Quanex Building Products Corporation's (NYSE:NX) fiscal 2008 second quarter earnings, scheduled for release after market hours on June 9, 2008, you are invited to listen to the conference call that will be broadcast live over the internet at 11:00am Eastern on June 10, 2008, with Raymond A. Jean, chairman and chief executive officer.
Enterprise Incentive Software, Inc.
Enterprise Incentive Software, Inc. Names New Managing Director of Global Sales to Meet Increased Demands for CATS EIM Incentive Compensation Software
WESTPORT, Conn., June 4, 2008 (PRIME NEWSWIRE) -- Enterprise Incentive Software, Inc. (EISI), a pioneer in sales force incentive compensation, and developer of CATS(r) EIM, has expanded its management team adding Kevin S. Berardino as Managing Director-Global Sales, it was announced today by company chief executive officer, John A. Laurino. Berardino will be based in Rochester, New York.
Delta Air Lines, Inc.
Delta Air Lines Achieves Record May Load Factors
ATLANTA, June 4, 2008 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL) today reported record load factors for May 2008. Load factors for system (82.9 percent), domestic (84.2 percent), Latin (77.6 percent) and regional system (80.8 percent) were higher than any previous May on record for Delta.
Wisemobi Completes Stock Dividend
OTTAWA, June 4, 2008 (PRIME NEWSWIRE) -- Wisemobi, Inc. (Pink Sheets:WMBI) today announced that it has completed a 1 and 1/2 share dividend for each share of common stock of the Company, resulting in a total of 2.5 shares for each share of common stock issued and outstanding prior to the dividend.
AMERCO / U-Haul
AMERCO Reports Fiscal 2008 Financial Results
RENO, Nev., June 4, 2008 (PRIME NEWSWIRE) -- AMERCO (Nasdaq:UHAL), parent of U-Haul International, Inc., North America's largest "do-it-yourself" moving and storage operator, today reported that net earnings available to common shareholders for the year ended March 31, 2008 were $54.8 million, or $2.78 per share, compared with net earnings of $77.6 million, or $3.72 per share for the same period last year. Included in the fiscal 2007 results is a nonrecurring after-tax charge of $0.20 per share related to the Company's second quarter fiscal 2007 refinancing. Taking into account the refinancing costs, adjusted earnings per share were $3.92 for fiscal 2007.
Pomerantz Announces June 10 is Lead Plaintiff Deadline for Agria Corporation Investors -- GRO
NEW YORK, June 4, 2008 (PRIME NEWSWIRE) -- June 10, 2008 is the deadline for investors of Agria Corporation ("Agria" or the "Company") (NYSE:GRO) to request the Court to appoint them as Lead Plaintiff in the pending securities class action. Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") filed a class action lawsuit in the United States District Court, Southern District of New York, against Agria and certain officers of the company. The class action was filed on behalf of purchasers of the securities of the Company who purchased or otherwise acquired Agria's securities pursuant or traceable to the Company's November 6, 2007 Initial Public Offering (the "IPO" or the "Offering"). The complaint alleges violations of Sections 11 and 15 of the Securities Act of 1933 (15 U.S.C. Sections 77k and 77o).
Comtech Telecommunications Corp.
Comtech Telecommunications Corp. Announces Results for the Third Quarter of Fiscal 2008
MELVILLE, N.Y., June 4, 2008 (PRIME NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) today reported its operating results for the three months ended April 30, 2008. Net sales for the third quarter of fiscal 2008 were $138.1 million compared to $119.4 million in the third quarter of fiscal 2007, reflecting significant growth in the mobile data communications and RF microwave amplifiers segments, partially offset by lower net sales in the telecommunications transmission segment.