latest news releases from the newsroom
aap Implantate AG
aap Implantate AG Reports First-Half Year Organic Increase in Sales of 29 Percent
BERLIN, July 2, 2008 (PRIME NEWSWIRE) -- aap Implantate AG, a medical technology company listed on the Frankfurt Stock Exchange in the Prime Standard segment and active in medical biomaterials, fracture healing and joint replacement, achieved in the first six months of the financial year 2008 -- according to preliminary figures -- a sales growth of 29% to EUR 16.4 million (first half of 2007: EUR 12.7 million).
Shepherd Smith Edwards & Kantas
The Law Firm of Shepherd, Smith, Edwards & Kantas LLP Investigates Losses in Falcon Hedge Funds
HOUSTON, July 2, 2008 (PRIME NEWSWIRE) -- The securities law firm of Shepherd Smith Edwards & Kantas, LLP (http://www.sseklaw.com) announced today that it is investigating claims on behalf of investors who suffered losses in hedge funds sold by Citigroup's Smith Barney brokerage unit. The funds at issue, Falcon and ASTA/MAT, were allegedly recommended by brokers for Citigroup and Smith Barney to investors seeking conservative investments. Investors say they were told that the funds were low-risk, safe places to place cash, with only a minimal probability of sustaining losses. In reality, these funds may have carried tremendous levels of risk that went undisclosed to investors.
Integra Bank Corporation Second Quarter 2008 Earnings Release and Conference Call Scheduled
EVANSVILLE, Ind., July 2, 2008 (PRIME NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) announced today that it expects to release its second quarter 2008 earnings results on Thursday, July 24, 2008, after close of market. The Company indicated that the proposed release date will shorten the length of time between the release date and the filing of its Quarterly Report on Form 10-Q to a few days, with a future goal of releasing earnings and filing the Form 10-Q on the same date.
Transmeridian Exploration, Inc.
Transmeridian Exploration Adds New Areas in Russia
HOUSTON, July 2, 2008 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it has strengthened its position in Russia's Dagestan region with its acquisition of both a second field and an undrilled anticline in trend with its Gasha Field. The company has concluded negotiations with its partners in DNK LLC ("DNK") on the joint operations of its properties in the region and signed a joint operating agreement. The agreement calls for an initial work program which includes a 200 square km 3D seismic program as well as re-entry of four wells and drilling of two new evaluation wells. The company, through a wholly owned subsidiary, owns a 50% interest in DNK, which has acquired the 125 sq km Selli License containing both the Selli Field and the Ullu Chai anticline. The License is immediately adjacent to DNK's Gasha License, both of which are located onshore in the Republic of Dagestan, an autonomous region within Russia located along the northwestern Caspian shoreline. Gasha and Selli Fields are part of a prolific oil and gas trend of anticlinal fractured carbonate structures discovered in the 1950s and developed to the extent that the technology of that era allowed under Soviet field development practices.
MedAvant Closes Sale of Its Lab Services Business to ETSec
ATLANTA, July 2, 2008 (PRIME NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant) (Nasdaq:PILL), a leader in healthcare technology and transaction services, today announced it has closed the sale of its Laboratory services business ("Lab") to ETSec.