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Marketwire - Financial Services
Marketwire - Financial Services
- CarInsuranceList.com Considers Stability of Insurers in Current Credit Crisis
SAN JOSE, CA--(Marketwire - November 17, 2008) - Although media coverage suggests that lending and investment institutions are the only companies on shaky ground as a result of the credit collapse, the aftershocks of that event are being felt in all sectors of commerce, including car insurers with less than an AAA S&P rating. In anticipation of third quarter earnings reports that may reveal insurers who will have difficulty meeting their financial obligations, CarInsuranceList.com has added a section on "Assessing the Financial Strength of Your Car Insurance Company" to its existing car accident statistics, research car insurance articles, auto insurance quotes, and insurance company reviews.
- Fire Alert: Auto Club Insured Members Can Call Claims Center for Help and Service
LOS ANGELES, CA--(Marketwire - November 15, 2008) - Those who have homes and vehicles threatened by the wildfires across Southern California and who are insured through the Automobile Club of Southern California's affiliated Interinsurance Exchange can call 1-800-67-CLAIM (1-800-672-5246) for assistance.
Auto Club Interinsurance Exchange claims specialists are now on the scene at several evacuation centers, but because of the magnitude of the blazes, they may not be at every center.
"If an Auto Club representative is not at your evacuation center and you are an Auto Club policyholder who has been evacuated, please call 1-800-67-CLAIM," said Cortland Ray, the Auto Club's vice president for insurance claims. "An adjuster will contact you shortly to make an appointment to provide assistance."
- Northwest Mining Investor Report: Redcorp Ventures' Tulsequah Chief Mine Financial Situation Worsening
Analysis Shows Significantly Lower Net Present Value and Internal Rate of Return - Essex Property Trust to Host Webcast During 2008 Los Angeles Property Tour
PALO ALTO, CA--(Marketwire - November 14, 2008) - Essex Property Trust, Inc. (NYSE: ESS), a real estate investment trust (REIT) that invests in apartment communities located in targeted west coast markets, announced today that the Company's management team will be hosting a presentation focusing on their business plan and performance during their Los Angeles Property Tour Tuesday, November 18, 2008 at 8:15 a.m. Pacific Time.
The presentation will be webcast and can be accessed on the Company's website under "Event Calendar" at www.essexpropertytrust.com. For additional information, please contact the Company's Investor Relations department at (650) 849-1649
- Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Waters Corporation to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the January 12, 2009 Lead Plaintiff Deadline
BALTIMORE, MD--(Marketwire - November 14, 2008) - Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of Massachusetts on behalf of purchasers of the common stock of Waters Corporation ("Waters" or the "Company") (NYSE: WAT) during the period between January 24, 2007 and January 22, 2008, inclusive (the "Class Period").
The Complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period that the Company was experiencing a slowdown in sales in the Japanese market as a result of decreased government regulation, that the Company's earnings were being materially impacted by an increased tax rate; and that as a result, the Company had no reasonable basis for its 2007 earnings guidance. The complaint alleges that after the Company ann
- Brower Piven Encourages Investors Who Have Losses in Excess of $100,000 From Investment in Anadigics, Inc. to Inquire About the Lead Plaintiff Position in Securities Fraud Class Action Lawsuit Before the January 12, 2009 Lead Plaintiff Deadline
BALTIMORE, MD--(Marketwire - November 14, 2008) - Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers of the common stock of Anadigics, Inc. ("Anadigics" or the "Company") (NASDAQ: ANAD) during the period between July 25, 2007 and February 12, 2008, inclusive (the "Class Period").
The Complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the Company's failure to disclose during the Class Period that the Company was experiencing manufacturing inefficiencies associated with increased production levels and would not be able to meet its stated guidance due to its inability to meet demand and thus lacked a reasonable basis for positive statements about the Company's prospects. The complaint alleges that both the Company's revelation of disa
- Canterbury Park Enter Into Agreement to Acquire Additional Shares in Paragon Pharmacies Limited
WINNIPEG, MANITOBA--(Marketwire - Nov. 14, 2008) - Canterbury Park Capital GP L.P., on behalf of private equity funds of which it is the general partner ("Canterbury"), announced today that it has acquired 58,199,338 additional common shares ("Shares") of Paragon Pharmacies Limited (TSX VENTURE:PGN) ("Paragon"), as a result of Canterbury's agreement to convert certain convertible notes and subscribe for certain additional Shares, at a blended price of $0.4048 per Share. Prior to the proposed acquisition of these additional Shares, Canterbury owned 10,072,455 Shares. As a result, Canterbury now owns 68,271,783 Shares, representing approximately 69.9% of the issued and outstanding Shares. The additional Shares were acquired by private agreement from treasury. - CPVC Financial Corporation Releases Third Quarter Financial Statements
MONTREAL, QUEBEC--(Marketwire - Nov. 14, 2008) - CPVC Financial Corporation (TSX VENTURE:LHB) ("CPVC Financial") today released its unaudited consolidated financial statements for the third quarter ended September 30, 2008. The net loss for the third quarter ended September 30, 2008 was $(744,137) or $(0.010) per share. /T/ SUMMARY OF INCOME STATEMENT INFORMATION ---------------------------------------------------------------------------- Income Statement September 30, September 30, - CPVC Bromont Inc. Releases September 30, 2008 Financial Statements
MONTREAL, QUEBEC--(Marketwire - Nov. 14, 2008) - CPVC Bromont Inc. ("Bromont") (TSX Venture:BBB.P) today released its unaudited financial statements for the quarter ended September 30, 2008. The net loss for the quarter ended September 30, 2008 was ($8,419) or ($0.004) per share compared to a net loss of ($7,639) or ($0.008) per share for the quarter ended September 30, 2007. /T/ SUMMARY OF INCOME STATEMENT INFORMATION ---------------------------------------------------------------------------- I - Corrected Notice of Filing Securities Class Action Against Internap Network Services Corp.
NEW YORK, NY--(Marketwire - November 14, 2008) - Abraham, Fruchter & Twersky, LLP has filed a class action lawsuit in the United States District Court for the Northern District of Georgia on behalf of investors of Internap Network Services Corp. ("Internap" or the "Company") (NASDAQ: INAP) who purchased the publicly traded securities of Internap between March 28, 2007 and March 18, 2008, inclusive (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act").
- Pinetree Capital Ltd. Announces Unaudited Financial Results For the Three and Nine Months Ended September 30, 2008
TORONTO, ONTARIO--(Marketwire - Nov. 14, 2008) - Pinetree Capital Ltd. ("Pinetree") (TSX:PNP) today announces its unaudited financial results for the three and nine months ended September 30, 2008. During the third quarter, Pinetree generated a net loss of $210.9 million, as compared to a net loss of $92.3 million in the same quarter last year. The net loss was primarily due to net investment losses of $256.2 million in the quarter, comprised of realized gains on dispositions of investments of $5.2 million, unrealized losses on