latest news releases from the newsroom
Meade Instruments Corporation
Meade Instruments Announces Further Restructuring
IRVINE, Calif., Nov. 1, 2007 (PRIME NEWSWIRE) -- Meade Instruments Corp. (Nasdaq:MEAD), a leading designer and manufacturer of optical products, including telescopes, riflescopes, binoculars and microscopes, today announced that it has taken further steps to reduce its cost structure and accelerate its turnaround strategy.
WCI Communities, Inc.
WCI Schedules Third Quarter 2007 Earnings Release Date and Conference Call
BONITA SPRINGS, Fla., Nov. 1, 2007 (PRIME NEWSWIRE) -- WCI Communities, Inc. (NYSE:WCI), a leading builder of traditional and tower residences in highly amenitized lifestyle communities, has scheduled its third quarter 2007 earnings release and conference call for Thursday, November 8, 2007. The company expects to issue the earnings press release before the market opens with a conference call to discuss the results commencing at 10:00 a.m. EST.
National Interstate Corp.
National Interstate Corporation 2007 Third Quarter Earnings Remain Strong
RICHFIELD, Ohio, Nov. 1, 2007 (PRIME NEWSWIRE) -- National Interstate Corporation (Nasdaq:NATL) today reported 2007 third quarter net income of $10.1 million ($.52 per share diluted), an increase of 55.1% compared to $6.5 million ($.34 per share diluted) for the 2006 third quarter. Net income of $32.5 million ($1.67 per share diluted) for the nine months ended September 30, 2007 increased 33.8% compared to $24.3 million ($1.26 per share diluted) for the nine months ended September 30, 2006. Higher net premiums earned and investment income along with continued solid underwriting results contributed to the increased earnings.
XOMA to Announce Third Quarter 2007 Financial Results and Host Conference Call On Thursday, November 8
BERKELEY, Calif., Nov. 1, 2007 (PRIME NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of antibody therapeutics, announced that the Company will host a conference call and webcast on Thursday, November 8, 2007 at 8:30 a.m. Eastern time to discuss third quarter 2007 financial results and provide a general business update. The call and webcast will follow the release of third quarter financial results earlier that morning.
CAI International, Inc. Reports Results for the Third Quarter of 2007
SAN FRANCISCO, Nov. 1, 2007 (PRIME NEWSWIRE) -- CAI International, Inc. (CAI) (NYSE:CAP) reported that net income in the third quarter of 2007 increased $0.8 million, or 18.6%, to $5.4 million, compared with net income of $4.6 million in the third quarter of 2006. CAI's basic earnings per share in the third quarter of 2007 increased 33.3% to $0.32 with 17.1 million average shares outstanding, compared with basic earnings per share of $0.24 with 21.2 million average shares outstanding in the third quarter of 2006. Fully diluted earnings per share in the third quarter of 2007 increased 52.4% to $0.32 with 17.1 million average shares outstanding, compared to fully diluted earnings per share of $0.21 with 21.7 million average shares outstanding in the third quarter of 2006.