latest news releases from the newsroom
SP Plus Corporation
Standard Parking Announces $60 Million Increase in Stock Repurchase Program, Increased $210 Million Senior Credit Facility
CHICAGO, July 17, 2008 (PRIME NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN), one of the nation's leading providers of parking management, ground transportation and other ancillary services, announced today that it has entered into an amended and restated senior credit agreement. The $210 million revolving facility, which has been provided by a group of six banks, represents a commitment increase of $75 million. The amended facility will mature five years from now, in July 2013.
Independent Bank Corp.
Independent Bank Corp. Reports Second Quarter 2008 Earnings
ROCKLAND, Mass., July 17, 2008 (PRIME NEWSWIRE) -- Independent Bank Corp. (Nasdaq:INDB), parent of Rockland Trust Company, today announced net income of $8.1 million and diluted earnings per share of $0.50 for the quarter ending June 30, 2008. This represents an increase of $0.10, or 25.0%, on a per share basis, from the $0.40 diluted earnings per share recorded in the same quarter a year ago. Net income for the quarter increased $2.4 million as compared to the same period last year. For the six months ended June 30, 2008, net income was $14.4 million and diluted earnings per share were $0.94, an increase of $2.1 million, or $0.08 per diluted share, as compared to net income of $12.3 million and diluted earnings per share of $0.86 for the six months ended June 30, 2007.
Orion Group Holdings, Inc.
Orion Marine Group to Hold Live Conference Call of Second Quarter Results
HOUSTON, July 17, 2008 (PRIME NEWSWIRE) -- Orion Marine Group, Inc. (Nasdaq:OMGI) (the "Company") will conduct a telephone briefing at 10:00 a.m. Eastern Time/9:00 a.m. Central Time on Thursday, August 7, 2008, to discuss its results for the second quarter 2008. To listen to a live broadcast of this briefing, visit the Investor Relations section of the Company's website at www.orionmarinegroup.com. To participate in the call, please call the Orion Marine Group Second Quarter 2008 Earnings Conference Call at 877-627-6582.
Provident Community Bancshares, Inc.
Provident Community Bancshares Reports Second Quarter Earnings
ROCK HILL, S.C., July 17, 2008 (PRIME NEWSWIRE) -- Provident Community Bancshares, Inc. (Nasdaq:PCBS) (the "Corporation") reported operating results for the three and six months ended June 30, 2008. Net income for the second quarter of 2008 was $316,000 compared to $601,000 for the second quarter of 2007. Earnings per share were $0.18 per share (diluted) for the second quarter of 2008, versus $0.32 per share (diluted) for the second quarter of 2007. The decrease in net income for the period was due primarily to declining interest rates along with an increase in the provision for loan losses due primarily to an increase in nonperforming assets and, to a lesser extent, due to loan growth. The decrease in net income was offset by a decrease in non-interest expense due to the prior year quarter including expenses related to the closing of a banking center. Net income for the six months ended June 30, 2008, was $736,000 or $0.41 per share (diluted) compared to $1.3 million, or $0.67 per share (diluted), for the same period in 2007.
Lexicon Pharmaceuticals, Inc.
Lexicon to Report Second Quarter 2008 Financial Results On July 29, 2008
THE WOODLANDS, Texas, July 17, 2008 (PRIME NEWSWIRE) -- Lexicon Pharmaceuticals, Inc. (Nasdaq:LXRX) will release its second quarter 2008 financial results on Tuesday, July 29, 2008 before the financial markets open. Lexicon management will hold a conference call to discuss its clinical development progress and financial results for second quarter 2008 at 11:00 a.m. Eastern Time on July 29, 2008.
Brightpoint Announces Preliminary Second Quarter 2008 Summary Financial Results
PLAINFIELD, Ind., July 17, 2008 (PRIME NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) today announced that it will release its full financial results for the quarter ended June 30, 2008 on Tuesday, August 5, 2008, and announced preliminary estimates of its financial results for the quarter ended June 30, 2008 and updated its previously announced debt reduction initiative.
ICU Medical, Inc.
ICU Medical, Inc. Reports Second Quarter 2008 Results
SAN CLEMENTE, Calif., July 17, 2008 (PRIME NEWSWIRE) -- ICU Medical, Inc., (Nasdaq:ICUI), a leading low cost manufacturer of safe medical connectors, custom medical products and critical care devices, today announced results for the second quarter and six months ended June 30, 2008.