latest news releases from the newsroom
Aftersoft Group, Inc.
Aftersoft Continues to Build Momentum in American Automotive Aftermarket With Autopart
DANA POINT, Calif., Oct. 30, 2007 (PRIME NEWSWIRE) -- Aftersoft Network N.A., Inc., a leading provider of business automation and eCommerce solutions for the automotive aftermarket, today announced that it has continued to expand its customer base for Autopart, a revolutionary software application and key building block in "virtual supply chains" for automotive parts distributors and retailers. The automotive aftermarket collectively supplies and sells the 8.5 million replacement auto parts needed for vehicles operating in the United States. Demand in the U.S. for Autopart, which is already the leading aftermarket technology solution in the U.K. and Ireland, is growing rapidly as companies such as Autopart International and Performance Automotive have recently become customers.
Dobson Communications Corporation
Dobson Communications Announces Justice Department Clearance of the Merger With AT&T Inc.
OKLAHOMA CITY, Oct. 30, 2007 (PRIME NEWSWIRE) -- The U.S. Department of Justice today cleared the proposed merger (the "Merger") of Dobson Communications Corporation (the "Company") (Nasdaq:DCEL) and AT&T Inc. (NYSE:T), allowing the merger to proceed while requiring that AT&T divest Dobson's operations in three rural service areas -- one in Oklahoma and two in Kentucky -- and sell the Cellular One brand name that the Company currently owns. The rural service areas include Oklahoma rural service area (RSA) -5, an area outside of Oklahoma City; and two areas outside of Lexington, KY, Kentucky RSAs 6 and 8. These RSAs represent a small portion of Dobson's overall customer base. AT&T must also divest the Cellular One brand, which is used by several independent wireless carriers. In addition, AT&T is required to divest minority interests it holds in wireless businesses operating in Texas RSA-9 and Missouri RSA-1.
XOMA to Present at Acumen BioFin Rodman & Renshaw Healthcare Conference
BERKELEY, Calif., Oct. 30, 2007 (PRIME NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA), a leader in the discovery and development of antibody therapeutics, announced today that Steven Engle, Chairman and Chief Executive Officer of XOMA, is scheduled to present at the Acumen BioFin Rodman & Renshaw 9th Annual Healthcare Conference. The presentation will take place in New York on Tuesday, November 6 at 10:55 a.m. Eastern time.
Meade Instruments Corporation
Meade Instruments Engages Robert W. Baird & Co. for Review of Strategic Alternatives
IRVINE, Calif., Oct. 30, 2007 (PRIME NEWSWIRE) -- Meade Instruments Corp. (Nasdaq:MEAD), a leading designer and manufacturer of optical products, including telescopes and riflescopes, today announced that it has engaged Robert W. Baird & Co. to assist in the Company's previously announced evaluation of strategic alternatives to maximize shareholder value, which may include a sale of the Company. Robert W. Baird will serve as financial advisor to the special committee formed by the Board of Directors to conduct a review and develop recommendations for the full Board to consider.
Aventine Renewable Energy Holdings, Inc.
Aventine Reports Third Quarter Results
PEKIN, Ill., Oct. 30, 2007 (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 third quarter and nine months ended September 30, 2007.
Icagen to Present At the Acumen BioFin Rodman & Renshaw Healthcare Conference On November 6, 2007
RESEARCH TRIANGLE PARK, N.C., Oct. 30, 2007 (PRIME NEWSWIRE) -- Icagen, Inc. (Nasdaq:ICGN) today announced that P. Kay Wagoner, Ph.D., President and Chief Executive Officer, and Richard D. Katz, M.D., SVP Finance and Corporate Development, and Chief Financial Officer, will participate in the Acumen BioFin Rodman & Renshaw 9th Annual Healthcare Conference to be held November 5 through November 7, 2007 at the New York Palace Hotel in New York City. Dr. Wagoner is scheduled to present an overview of the Company and its development programs at 4:05 PM Eastern Time on Tuesday, November 6, 2007.
Credit Acceptance Corporation
Credit Acceptance Announces Third Quarter 2007 Earnings
SOUTHFIELD, Mich., Oct. 30, 2007 (PRIME NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq:CACC) (referred to as the "Company", "we", "our", or "us") announced consolidated net income of $14.7 million, or $0.47 per diluted share, for the three months ended September 30, 2007 compared to consolidated net income of $15.3 million, or $0.44 per diluted share for the same period in 2006. For the nine months ended September 30, 2007 consolidated net income was $42.4 million, or $1.36 per diluted share, compared to consolidated net income of $50.1 million, or $1.38 per diluted share for the same period in 2006.
Discovery Laboratories, Inc.
Discovery Labs Announces Third Quarter Conference Call and Webcast
WARRINGTON, Pa., Oct. 30, 2007 (PRIME NEWSWIRE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO) announced today that they will be hosting a conference call on Tuesday, November 6, 2007 at 10:00 AM EST. Management will discuss financial results for the third quarter and provide an overall business update.