Financial News

Advantech Selects Innovasic’s RapID Platform for Profinet I/O Modules

May 25, 2012 at 7:02 pm 0 comments

Innovasic is pleased to announce that Advantech has selected the Innovasic RapID Platform solution with the fido1100 Communication Controller to provide Profinet Class B connectivity in their new ADAM-6100PN series of real-time Profinet I/O modules for factory automation. “Innovasic’s fido1100-basedRead More

Citi to Purchase 1.17 Million Tonnes of Carbon Credits in Innovative Microfinance Deal with MicroEnergy Credits and Mongolia’s XacBank

May 24, 2012 at 7:45 pm 0 comments

In a deal that combines microloans in Mongolia with the sale of carbon credits on the European Union Emissions Trading Scheme (EU ETS), Citi’s London-based Environmental Products Trading and Origination team, working with Citi Microfinance, has agreed to purchase 1.17Read More

Samson Oil & Gas Operational Advisory

May 24, 2012 at 7:43 pm 0 comments

Samson Oil & Gas Limited (ASX: SSN; NYSE AMEX: SSN) provides advice on its current projects. ROOSEVELT PROJECT, ROOSEVELT COUNTY, MONTANA Gretel II 12KA 3 #1-30H, (SSN 100% WI, subject to a 33.34% backin right) The Gretel II fracture stimulationRead More

Mount Kellett Comments on the Critical Situation at Baja Mining

May 24, 2012 at 7:42 pm 0 comments

Mount Kellett Capital Management LP (“Mount Kellett”) today filed an amended Schedule 13D with the Securities and Exchange Commission and provided comment on the recent announcements by Baja Mining Corp. (TSX: BAJ) (OTCQX: BAJFF) (“Baja”) concerning both the projected $246Read More

Rigrodsky & Long, P.A. Announces a Securities Fraud Class Action Lawsuit Has Been Filed Against Accretive Health, Inc.

May 24, 2012 at 7:40 pm 0 comments

Rigrodsky & Long, P.A. announces that a complaint has been filed in the United States District Court for the Northern District of Illinois on behalf of all persons or entities that purchased the common stock of Accretive Health, Inc. (“Accretive Health”Read More

First National Bank Alaska Announces Unaudited Preliminary Results for First Quarter

May 24, 2012 at 7:38 pm 0 comments

First National Bank Alaska’s (OTCBB:FBAK) net income for first quarter 2012 was $10.2 million or $31.02 per share. This compares to $8.6 million or $25.82 per share for the same quarter in 2011. The increase in first quarter net income was dueRead More

Validus Announces Record First Quarter 2012 Net Income of $124.2 Million

May 24, 2012 at 7:37 pm 0 comments

Validus Holdings, Ltd. (“Validus” or the “Company”) (NYSE: VR) today reported net income of $124.2 million, or $1.18 per diluted common share for the three months ended March 31, 2012, compared to a net loss of ($172.4) million, or ($1.78)Read More

Emergent BioSolutions Executive Chairman Fuad El-Hibri Named Tech Council of Maryland’s Executive of the Year

May 24, 2012 at 7:35 pm 0 comments

-Emergent BioSolutions Inc. (NYSE: EBS) announced today that Fuad El-Hibri, its executive chairman of the board, has been recognized as Executive of the Year by the Tech Council of Maryland (TCM), the state’s largest technology and life science association. TheRead More

Extend Health Recognized By Coventry Health Care for Zero Customer Complaints in 2011

May 24, 2012 at 7:34 pm 0 comments

Extend Health Inc., a leading provider of health benefits management services, including the nation’s largest private Medicare exchange, received two first place awards from Bethesda, Maryland-based Coventry Health Care, Inc. (NYSE:CVH) for exceptional customer service performance by a partner in 2011.Read More

CommerceWest Bank Reports Earnings Growth of 53% for First Quarter 2012, 44% Increase in Earnings Per Share, and a 38% Increase in Non-Interest Bearing Deposits

May 24, 2012 at 7:33 pm 0 comments

CommerceWest Bank (OTCBB: CWBK) reported earnings for the three months ended March 31, 2012 of $583,000 or $0.13 per basic common share and $0.13 per diluted common share, compared with net income of $382,000 or $0.09 per basic common shareRead More