Jul 31
Financial Services
FORT LAUDERDALE, FL (MARKET WIRE) SEACOR Holdings Inc. (NYSE: CKH) announced today that its Board of Directors has increased by $82.6 million its authorization for repurchases pursuant to its previously announced securities repurchase program. With this increase, SEACOR has approximately $100 million available for such purchases. The securities covered by the repurchase program include SEACOR's common stock, its 7.2%
Jul 31
Financial Services
NEW YORK, NY (MARKET WIRE) Cooley Godward Kronish LLP's bankruptcy and restructuring practice has prevailed for the unsecured creditors of Norstan's, a women's budget retailer, in obtaining the desired settlement of a $67 million fraudulent transfer lawsuit arising out of a $53 million leveraged buyout and an earlier distribution of $14 million to insider shareholders.
Jul 31
Financial Services
LISTOWEL, ONTARIO (MARKET WIRE) Spinrite Income Fund (TSX: SNF.UN), today announced its financial results for the 13 weeks and 26 weeks ended June 30, 2007.
Jul 31
Financial Services
SOUTH SAN FRANCISCO, CA (MARKET WIRE) Michael R. Wyman, Chairman of FNB Bancorp (OTCBB: FNBG) and its subsidiary, First National Bank of Northern California, announced today that Director Neil J. Vannucci has submitted his resignation from the Board of Directors (including subcommittees of the Board of Directors) of FNB Bancorp and First National Bank of Northern California, effective August 24, 2007.
Jul 31
Financial Services
SOUTH SAN FRANCISCO, CA (MARKET WIRE) FNB Bancorp (OTCBB: FNBG), the holding company for First National Bank of Northern California, today announced that its Board of Directors has authorized a stock repurchase program. The program calls for the repurchase of up to 5% of the company's outstanding shares of common stock, or approximately 143,182 shares, based on approximately 2,863,635 shares outstanding as of this date. The
Jul 31
Financial Services
JENKINTOWN, PA (MARKET WIRE) Abington Bancorp, Inc. (the "Company") (NASDAQ: ABBC), the new holding company for Abington Bank (the "Bank"), reported net income of $1.4 million for the quarter ended June 30, 2007, representing a decrease of $362,000 over the comparable 2006 period. Diluted earnings per share decreased to $0.06 for the quarter compared to $0.07 for the second quarter of 2006. Additionally, the Company reported
Jul 31
Financial Services
NEW YORK, NY (MARKET WIRE) NDC Capital Partners LLC ("NDC") today announced a co-investment with Athena Real Estate, LLC for the acquisition of Out O' Space Self Storage, a family-owned, self storage facility which opened in 2002. The facility is well located in Pensacola just east of the intersection of Davis Highway, a major north/south highway and Fairfield Drive. The facility consists of 260 storage units and 49 outside spaces
Jul 31
Financial Services
SAN FRANCISCO, CA (MARKET WIRE) Thomas Weisel Partners Group, Inc. (NASDAQ: TWPG) reported net revenues of $71.7 million in the second quarter of 2007 and $148.4 million in the first half of 2007, increases of 13% and 5%, respectively, from the comparable periods in 2006.
Jul 31
Financial Services
SAN DIEGO, CA (MARKET WIRE) Who's Your Daddy, Inc. (OTCBB: WYDY), a brand management company focused on the marketing, sales, production, and distribution of Who's Your Daddy(R) "King of Energy" drinks, announced today that it had entered into a one-year investment banking agreement with Roth Capital Partners, LLC, (www.rothcp.com), a leading investment banking firm for micro and small capitalization companies.
Jul 31
Financial Services
SANTIAGO, CHILE (MARKET WIRE) Corp Banca (NYSE: BCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services, today announced its financial results for the first semester of 2007 (previously announced as 2007 second quarter results). This report is based on unaudited consolidated financial statements prepared in accordance with Chilean generally accepted accounting