latest news releases from the newsroom
Entertainment Games, Inc.
eGames Counsel to Run Philadelphia Half Marathon for The Leukemia & Lymphoma Society
LANGHORNE, Pa., Oct. 29, 2008 (GLOBE NEWSWIRE) -- eGames, Inc. (Pink Sheets:EGAM), a developer and publisher of games for the PC, game consoles and the Internet, today announced that Ellen Pulver Flatt, counsel for eGames, will run the 13.1mile half marathon of the Philadelphia Marathon on Sunday, November 23, 2008, to benefit The Leukemia & Lymphoma Society.
RedChip Companies Inc.
Announcing RedChip's 2008 Elite Investment Conference: Nov. 5th in New York City
ORLANDO, Fla., Oct. 29, 2008 (GLOBE NEWSWIRE) -- RedChip Companies, Inc. today announced that the CEOs and executive teams of emerging small-cap companies will deliver financial presentations during RedChip's Elite Investment Conference, a one-time only, single-track event to be held Nov. 5, 2008, from 8 a.m. to 5:30 p.m. on the main floor of the Harvard Club in New York City (35 West 44th Street). The event will also feature an expert panel discussion on naked short-selling, counterfeit shares, stock kiting, failures-to-deliver, and trading surveillance.
Tidelands Bancshares Announces Third Quarter Results
MT. PLEASANT, S.C., Oct. 29, 2008 (GLOBE NEWSWIRE) -- Tidelands Bancshares, Inc. (Nasdaq:TDBK), holding company for Tidelands Bank, announced year-to-date and quarter-to-date results for the periods ended September 30, 2008. "In my 35 years of banking experience, this is the most difficult and unique time that I have ever seen," said President and Chief Executive Officer, Robert E. Coffee, Jr. "During the third quarter, the economic environment that all financial institutions are operating in has changed significantly. Despite these uncertain conditions in the market, we continue to successfully execute our strategic goal to increase our retail presence as demonstrated in the opening of our seventh branch, located in Murrells Inlet, South Carolina and the resulting loan and deposit growth in our markets."
First Financial Northwest
First Financial Northwest, Inc. Reports Third Quarter 2008 Net Income of $955,000, or $0.04 Per Share
RENTON, Wash., Oct. 29, 2008 (GLOBE NEWSWIRE) -- First Financial Northwest, Inc. (the "Company") (Nasdaq:FFNW), the holding company for First Savings Bank Northwest ("Bank"), announced today that net income for the third quarter ended September 30, 2008, was $955,000 or $0.04 per share as compared to net income of $2.7 million for the quarter ended September 30, 2007. For the nine months ended September 30, 2008, net income was $7.6 million or $0.36 per share as compared to net income of $6.4 million for the same period in 2007. The Company became a public company on October 9, 2007 in connection with the completion of its mutual to stock conversion. Mr. Victor Karpiak, Chairman of the Board and Chief Executive Officer of the Company, stated, "In the third quarter we saw a continued decline in the capital and financial markets which had a ripple effect on all economic factors that affect each of our shareholders and customers. No financial institution is immune from the grip of the current credit environment. The potential for loan losses is a reality each bank must face. With over two times the capital required to be considered 'well capitalized' by our bank regulators, we remain a solid financial institution. During the quarter ended September 30, 2008, we experienced continued growth in our loan portfolio. Based upon the growth and management's assessment of factors affecting the loan portfolio, our allowance for loan loss account was increased by $3.5 million. This market continues to be challenging for all financial institutions. We are committed to remaining well capitalized and continue to make prudent decisions to enhance shareholder value."
Pacific Sunwear of California, Inc.
Pacific Sunwear of California Rejects Adrenalina's Unsolicited Revised Proposal
ANAHEIM, Calif., Oct. 29, 2008 (GLOBE NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) announced today that its board of directors has determined that the unsolicited revised proposal received from Adrenalina (OTCBB:AENA), a retail-entertainment company currently operating three stores in Florida, to purchase all of the issued and outstanding shares of common stock of Pacific Sunwear is not in the best interests of the Company's shareholders. The Company's management, with the full support of the board, is committed to executing on their strategic plan to create long-term shareholder value.
AMERCO Schedules Second Quarter Earnings Release and Investor Call
RENO, Nev., Oct. 29, 2008 (GLOBE NEWSWIRE) -- AMERCO (Nasdaq:UHAL), the holding company of U-Haul International Inc., Oxford Life Insurance Company, Republic Western Insurance Company and Amerco Real Estate Company, plans to report its second quarter fiscal 2009 results after the close of market trading on Wednesday, November 5, 2008. The Company is scheduled to conduct its second quarter investor conference webcast at 8 a.m. Arizona Time (10 a.m. ET) on Thursday, November 6, 2008.