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Delta Waives Change Fees for Customers Affected by Winter Weather in the Midwest and Mid-Atlantic
ATLANTA, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Customers booked on flights operated by Delta Air Lines (NYSE:DAL), Delta subsidiary Northwest Airlines or Delta Connection carriers to, from or through markets currently impacted by winter storms may make adjustments to their travel schedule without fee.
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FortuNet, Inc. Announces Resignation of CFO
LAS VEGAS, Jan. 5, 2009 (GLOBE NEWSWIRE) -- FortuNet, Inc. (the "Company") (Nasdaq:FNET) announced today that Kevin A. Karo, its Chief Financial Officer, will resign as the Company's Chief Financial Officer effective immediately. The Company's Chief Executive Officer, Yuri Itkis, will assume the additional duties of the Chief Financial Officer.
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Ticketmaster Entertainment to Present At 2009 Citi Global Entertainment, Media and Telecommunications Conference
WEST HOLLYWOOD, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Ticketmaster Entertainment, Inc. (Nasdaq:TKTM), a leading diversified live entertainment ticketing and marketing company, today announced
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The Global Film Initiative and Virgin America Release Global Lens World Cinema Series On RED(tm)
SAN FRANCISCO, Jan. 5, 2009 (GLOBE NEWSWIRE) -- The Global Film Initiative and Virgin America, the California-based airline, are partnering to release the Initiative's critically acclaimed traveling film series -- Global Lens -- now playing on Virgin America's interactive, inflight entertainment system, RED(tm). Films from the series are now available on demand on all of Virgin America flights.
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Component Changes Made to Dow Jones Select Dividend Indexes
NEW YORK, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones U.S. Select Dividend Index and Dow Jones Global Select Dividend Index.
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W.P. Stewart & Co., Ltd. Announces Trading to Cease On the New York Stock Exchange, Company to Deregister Its Common Shares, Investment Performance and Business Update and Third Quarter and Nine Months 2008 Financial Results
HAMILTON, Bermuda, Jan. 5, 2009 (GLOBE NEWSWIRE) -- W.P. Stewart & Co., Ltd. (NYSE:WPL) ("W.P. Stewart" or the "Company") today announced it has been notified by the New York Stock Exchange ("NYSE") that the Company is considered below continued listing criteria since its average market capitalization was less than $25 million over a 30 trading-day period. In light of such non-compliance, the Company's common shares will not continue to be eligible for trading on the NYSE. Under applicable NYSE procedures, the Company has 10 days from the receipt of official notice of non-compliance to appeal the delisting proceedings with the NYSE. The Company does not expect to submit an appeal of the NYSE delisting. In conversations with the NYSE, it was determined that trading of the Company's common shares on the NYSE will be suspended effective at the opening of the market on Friday, 9 January 2009.
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China Runji Cement Inc.'s Waste Heat Power Generator Construction in Progress
ANHUI, China, Jan. 5, 2009 (GLOBE NEWSWIRE) -- China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China, is pleased to announce that the waste heat power generator of the Company has started the architectural construction and equipment installation following the completion of groundwork foundation and switch board room in December 2008.
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Emulex Announces Preliminary Second Quarter Results
COSTA MESA, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Emulex Corporation (NYSE:ELX), today announced that it expects to report revenues of approximately $107-$108 million for its second fiscal quarter ended December 28, 2008, compared to the range of $111-$116 million projected in October 2008 during the Company's first quarter conference call. The Company expects non-GAAP earnings per share for its second fiscal quarter to be approximately $0.20 per diluted share, compared to the prior projection of $0.20-$0.23 per diluted share. On a GAAP basis, excluding charges, if any, related to potential impairment of goodwill or other assets, the Company expects to report earnings of approximately $0.09 per diluted share compared to the prior projection of $0.09-$0.12 per diluted share. Due to the Company's reduced enterprise value resulting from the decrease in its stock price, the Company is in the process of assessing whether any impairment of its goodwill or other assets has occurred. Although the exact amount of the charges, if any, related to an impairment of goodwill or other assets cannot be determined at this time, such charges may result in an after tax loss for the quarter on a GAAP basis.
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Comtech Telecommunications Corp. Receives $282.0 Million Movement Tracking System Order -- Largest Single Order in Company History
MELVILLE, N.Y., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received an order for $282.0 million under its Movement Tracking System, or MTS contract, with the U.S. Army. This order is the largest single order in Comtech's history. Total orders received to date against the Company's $605.1 million IDIQ MTS contract increased to $426.2 million.
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Fuel Systems Solutions to Present At the 11th Annual Needham Growth Stock Conference On January 8th
SANTA ANA, Calif., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Fuel Systems Solutions, Inc. (Nasdaq:FSYS) is scheduled to present at the 11th Annual Needham Growth Stock Conference on Thursday, January 8, 2009 at 10:00 a.m. ET. Presenting from management will be Matthew Beale, president. The conference is being held at the Palace Hotel in New York City.
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LSI Industries Inc. to Present At the Eleventh Annual Needham Growth Stock Conference
CINCINNATI, Jan. 5, 2009 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that the Company has been invited to present at the Eleventh Annual Needham Growth Stock Conference. The Company will be presenting on Wednesday, January 7th at the New York Palace Hotel in New York City at 11:00 a.m. Robert J. Ready, President and CEO, Ronald S. Stowell, Vice President, CFO and Treasurer, and Scott D. Ready, President - LSI Lighting Solutions Plus, are scheduled to present. The Needham presentation will be webcast live, with audio and supporting visual materials presented. A question and answer session will follow the presentation. Management will be available to meet with investors during the conference.
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Ultrapetrol Announces Further Extension of Stock Repurchase Program
NASSAU, Bahamas, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in four markets (River Business, Offshore Supply Business, Ocean Business and Passenger Business), announced today that its board of directors has approved an extension of the Company's stock repurchase program to March 31, 2009. The stock repurchase program was originally announced on March 17, 2008 and allowed for the repurchase of up to $50 million of the Company's common stock until September 30, 2008. On October 2, 2008, the Company announced that the repurchase program was extended under the same terms to December 31, 2008. Similarly, the new extension will retain the same original cumulative dollar limitation. The expiration date and/or amount of the share repurchase program will be extended or amended at the discretion of the board of directors. Share repurchases may be made from time to time for cash in open market transactions at prevailing market prices or in privately negotiated transactions.
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Teleradiology Provider Virtual Radiologic Names Mike Kolar as General Counsel
MINNEAPOLIS, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Virtual Radiologic Corp. (Nasdaq:VRAD), a leading global provider of teleradiology services, has appointed Mike Kolar as vice president, general counsel and secretary. Kolar assumed the role January 1, 2009, succeeding General Counsel George Frisch, who is retiring.
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Crown Castle International's Executive Officers Forfeit Restricted Stock
HOUSTON, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) reported that four of its executive officers filed Form 4s with the Securities and Exchange Commission on Monday, January 5, 2009 relating to the forfeiture of 200,103 shares of performance-based restricted stock awarded in the first quarter of 2007.
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Wolverine Tube Reports 2008 Third Quarter Results
HUNTSVILLE, Ala., Jan 05, 2009 -- Wolverine Tube, Inc. (WLVT) today reported results for the third quarter 2008. The net loss for the third quarter of 2008 was $23.9 million compared to a net loss of $3.5 million in the same period of 2007. The 2008 results include a gain of approximately $21.7 million on the sale of a minority interest in our China subsidiary and the sale of a closed facility in Montreal, Canada and an estimated $44.0 million non-cash goodwill impairment charge. The 2007 results include a $3.8 million non-cash gain from the adjustment to fair value of the conversion price embedded in a Preferred Stock Purchase agreement.
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Nevada Gold & Casinos to Present at the 11th Annual ICR XChange Conference
HOUSTON, Jan 05, 2009 -- Nevada Gold & Casinos, Inc. (NYSE Alternext US: UWN) today announced that Robert Sturges, CEO and Jim Kohn, CFO, will be presenting at the 11th Annual ICR XChange Conference on Thursday, January 15, 2009 at the St. Regis Monarch Beach Resort & Spa in Dana Point, CA. The presentation will begin at 11:40 AM Eastern Time.
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Measurement Specialties to Present At the CJS Securities 9th Annual 'New Ideas for the New Year' Conference and the 11th Annual Needham Growth Stock Conference
HAMPTON, Va., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Measurement Specialties, Inc. (Nasdaq:MEAS), a global designer and manufacturer of sensors and sensor-based systems, announced that it will be presenting at the CJS Securities 9th Annual "New Ideas for the New Year" Conference on January 7, 2009 and will be presenting at the 11th Annual Needham Growth Stock Conference on January 8, 2009. Both conferences are in New York City. Please visit the Company's website at http://www.meas-spec.com/investor/overview.aspx to view the latest investor presentation.
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Measurement Specialties Announces Expected 3rd Quarter Sales and Provides Updated Sales Guidance for Fiscal Year 2009
HAMPTON, Va., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Measurement Specialties, Inc. (Nasdaq:MEAS), a global designer and manufacturer of sensors and sensor-based systems, announces third quarter sales for the three months ended December 31, 2008 and provides updated sales guidance for fiscal year 2009.
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SoundBite Communications to Present At Needham & Company's Eleventh Annual Growth Stock Conference
BEDFORD, Mass., Jan. 5, 2009 (GLOBE NEWSWIRE) -- SoundBite Communications, Inc. (Nasdaq:SDBT), today announced that president and CEO Peter Shields will present at Needham & Company's Eleventh Annual Growth Stock Conference being held January 6-8, 2009 at the New York Palace Hotel in New York city. A live webcast, as well as the replay, will be available at http://www.wsw.com/webcast/needham27/sdbt/ or via our website at http://ir.soundbite.com/events.cfm
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Doctors Demonstrate Cellvizio System At Leading Endoscopy Meeting
NEW YORK, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Leading endoscopists used Cellvizio(r), the world's smallest microscope, to properly characterize colon polyps in a patient during a live case at the New York Society for Gastrointestinal Endoscopy's (NYSGE) 32nd Annual Course, which took place December 17-20. Other presentations focused on the promise that the Cellvizio probe-based confocal laser endomicroscopy (pCLE) system holds for earlier and more accurate diagnosis leading to more effective intervention.
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