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McLane Company to Control Inbound Freight With Retalix Traffic Management Software
DALLAS, Oct. 12, 2008 (GLOBE NEWSWIRE) -- Retalix(r) (Nasdaq:RTLX), a leading provider of software solutions for distributors and retailers, today announced that McLane Company, Inc., one of the world's largest foodservice distributors and grocery wholesalers, will implement the Retalix Traffic Management solution at 19 grocery distribution centers across the country.
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18 Libertarian Candidates Ask: Did PACs Buy a Bailout?
PANORAMA CITY, Calif., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Eighteen Libertarian candidates for Congress in California today issued a joint statement opposing the current financial bailout and asking whether the votes for it were openly bought with campaign contributions. The candidates released a table of data (below) from OpenSecrets.org, which shows that the bailout votes of the Libertarian candidates' incumbent opponents correlate with 2008 campaign contributions from PACs in the finance, insurance, and real estate industries to the incumbents. The Libertarian candidates' statement said:
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Changeling Star to Ring The NASDAQ Stock Market Closing Bell
ADVISORY, Oct. 10, 2008 (GLOBE NEWSWIRE) --
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AeA - Illinois Tech Index to Ring the NASDAQ Stock Market Opening Bell
ADVISORY, Oct. 10, 2008 (GLOBE NEWSWIRE) --
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Monroe Bank & Trust Announces Acquisition of All Main Street Bank Deposits in Northville
MONROE, Mich., Oct. 10, 2008 (GLOBE NEWSWIRE) -- On October 10, 2008 at 6:00 p.m., Monroe Bank & Trust (Nasdaq:MBTF) (MBT) headquartered in Monroe, Michigan, assumed all deposits of Main Street Bank located in Northville and Plymouth. The two offices of Main Street Bank will reopen for business as usual Saturday morning, with the same friendly, familiar faces in place to serve customers.
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Gainey & McKenna Commences Class Action On Behalf of American International Group, Inc. 7.70% Series A5 Junior Subordinated Debentures Investors -- AVF, AIG
NEW YORK, Oct. 10, 2008 (GLOBE NEWSWIRE) -- On October 9, 2008, Gainey & McKenna filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of all persons who purchased 7.70% Series A5 Junior Subordinated Debentures (NYSE:AVF) of American International Group, Inc. ("AIG" or the "Company") (NYSE:AIG) from the date of the Company's public offering on December 11, 2007 (the "Offering"), and all purchasers traceable thereto (the "Class Period") against certain officers and directors of AIG and certain Underwriters of the Offering, pursuant to Sections 11, 12(a)(2), and 15 of the Securities Act of 1933 (the "Securities Act"), 15 U.S.C. Sec. 77k, 77l and 77o (the "Class"). The Underwriters include Citigroup Global Markets Inc. (NYSE:C), Merrill Lynch & Co., Inc. (NYSE:MER), Morgan Stanley & Co. Incorporated (NYSE:MS), UBS Securities LLC (NYSE:UBS), Wachovia Capital Markets, LLC (NYSE:WB), Bank of America Securities LLC (NYSE:BAC), Bear, Stearns & Co. Inc., The Bear Stearns Companies, LLC, RBC Capital Markets and Wells Fargo Securities (NYSE:WFC).
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Gainey & McKenna Commences Class Action On Behalf of American International Group, Inc. 7.70% Series A5 Junior Subordinated Debentures Investors -- AVF, AIG
NEW YORK, Oct. 10, 2008 (GLOBE NEWSWIRE) -- On October 9, 2008, Gainey & McKenna filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of all persons who purchased 7.70% Series A5 Junior Subordinated Debentures (NYSE:AVF) of American International Group, Inc. ("AIG" or the "Company") (NYSE:AIG) from the date of the Company's public offering on December 11, 2007 (the "Offering"), and all purchasers traceable thereto (the "Class Period") against certain officers and directors of AIG and certain Underwriters of the Offering, pursuant to Sections 11, 12(a)(2), and 15 of the Securities Act of 1933 (the "Securities Act"), 15 U.S.C. Sec. 77k, 77l and 77o (the "Class"). The Underwriters include Citigroup Global Markets Inc. (NYSE:C), Merrill Lynch & Co., Inc. (NYSE:MER), Morgan Stanley & Co. Incorporated (NYSE:MS), UBS Securities LLC (NYSE:UBS), Wachovia Capital Markets, LLC (NYSE:WB), Bank of America Securities LLC (NYSE:BAC), Bear, Stearns & Co. Inc., The Bear Stearns Companies, LLC, RBC Capital Markets and Wells Fargo Securities (NYSE:WFC).
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Alphatec Spine Announces Scheduled Company Update and Conference Call
CARLSBAD, Calif., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions affecting the aging spine, announces a company update will be provided on Monday, October 13, 2008. A press release will be issued at 8:00 a.m. Eastern followed by a conference call at 8:30 a.m. Eastern.
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Alphatec Spine Announces Scheduled Company Update and Conference Call
CARLSBAD, Calif., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Alphatec Holdings, Inc. (Nasdaq:ATEC), the parent company of Alphatec Spine, Inc., a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spine disorders, with a focus on treating conditions affecting the aging spine, announces a company update will be provided on Monday, October 13, 2008. A press release will be issued at 8:00 a.m. Eastern followed by a conference call at 8:30 a.m. Eastern.
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Gainey & McKenna Announces Analog Devices, Inc. 401(k) ERISA Class Action Litigation Update
NEW YORK, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Gainey & McKenna and Squiteri & Fearon, LLP are counsel to the Plaintiff and the proposed class of all participants in the Analog Devices, Inc. ("ADI") Investment Partnership Plan (the 401(k) "Plan") who purchased or held shares of Analog stock in the Plan at any time between October 5, 2000 and the present. They have filed a class action in the United States District Court for District of Massachusetts which arises from the options backdating at Analog and alleges that Analog and other fiduciaries of the Plan violated their fiduciary duties to the Plan's participants. The lawsuit alleges that Analog and certain individuals who were responsible for managing and administering the Plan failed to disclose important information to the participants of the Plan, including information about Analog's improper backdating of stock options, and violated their fiduciary duties. The lawsuit alleges that the violations of fiduciary duty caused losses to the Plan and to the participants who invested in Analog stock.
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Gainey & McKenna Announces Analog Devices, Inc. 401(k) ERISA Class Action Litigation Update
NEW YORK, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Gainey & McKenna and Squiteri & Fearon, LLP are counsel to the Plaintiff and the proposed class of all participants in the Analog Devices, Inc. ("ADI") Investment Partnership Plan (the 401(k) "Plan") who purchased or held shares of Analog stock in the Plan at any time between October 5, 2000 and the present. They have filed a class action in the United States District Court for District of Massachusetts which arises from the options backdating at Analog and alleges that Analog and other fiduciaries of the Plan violated their fiduciary duties to the Plan's participants. The lawsuit alleges that Analog and certain individuals who were responsible for managing and administering the Plan failed to disclose important information to the participants of the Plan, including information about Analog's improper backdating of stock options, and violated their fiduciary duties. The lawsuit alleges that the violations of fiduciary duty caused losses to the Plan and to the participants who invested in Analog stock.
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Investors Suffering Stock Market Losses as a Result of Holding Over-Concentrated Positions May Have Claims Against Their Brokers; The Law Firm of Stein, Rosenberg & Stein, P.A. is Investigating
BOCA RATON, Fla., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Many investors may be suffering significant stock market losses in their portfolios as a result of "over-concentration" (for more information, please see www.overconcentration.com). Even prior to the precipitous decline of the Dow Jones, S&P 500, and NASDAQ, brokers should have been advising their clients against "holding all of their eggs in one basket," says Craig Stein, Managing Partner of Stein, Rosenberg & Stein, P.A. (www.srwlaw.com) in Boca Raton, Florida, and former attorney for the Florida Comptroller's Office. "We have seen that scenario before, most recently when the tech bubble burst," Mr. Stein commented.
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Investors Suffering Stock Market Losses as a Result of Holding Over-Concentrated Positions May Have Claims Against Their Brokers; The Law Firm of Stein, Rosenberg & Stein, P.A. is Investigating
BOCA RATON, Fla., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Many investors may be suffering significant stock market losses in their portfolios as a result of "over-concentration" (for more information, please see www.overconcentration.com). Even prior to the precipitous decline of the Dow Jones, S&P 500, and NASDAQ, brokers should have been advising their clients against "holding all of their eggs in one basket," says Craig Stein, Managing Partner of Stein, Rosenberg & Stein, P.A. (www.srwlaw.com) in Boca Raton, Florida, and former attorney for the Florida Comptroller's Office. "We have seen that scenario before, most recently when the tech bubble burst," Mr. Stein commented.
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Park National Corporation Announces Alliance With Elan Financial Services and Elavon, Inc. to Enhance Credit Card Services
NEWARK, Ohio, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Through its subsidiary The Park National Bank, Park National Corporation (Park) (AMEX:PRK) today signed definitive agreements with Elan Financial Services (Elan) and Elavon, Inc. (Elavon), both of which are wholly-owned subsidiaries of U.S. Bancorp (NYSE:USB). Under the agreements, Elan will purchase The Park National Bank's unsecured credit card portfolio and Elavon will acquire substantially all of its merchant bankcard processing portfolio (also called merchant servicing portfolio). These portfolios include accounts from each of Park's 12 Ohio-based banking divisions.
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Park National Corporation Announces Alliance With Elan Financial Services and Elavon, Inc. to Enhance Credit Card Services
NEWARK, Ohio, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Through its subsidiary The Park National Bank, Park National Corporation (Park) (AMEX:PRK) today signed definitive agreements with Elan Financial Services (Elan) and Elavon, Inc. (Elavon), both of which are wholly-owned subsidiaries of U.S. Bancorp (NYSE:USB). Under the agreements, Elan will purchase The Park National Bank's unsecured credit card portfolio and Elavon will acquire substantially all of its merchant bankcard processing portfolio (also called merchant servicing portfolio). These portfolios include accounts from each of Park's 12 Ohio-based banking divisions.
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Apria Healthcare Group Inc. Stockholders Approve Merger
LAKE FOREST, Calif., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Apria Healthcare Group Inc. (NYSE:AHG) today announced that its stockholders have voted to approve and adopt the proposed merger of Sky Acquisition LLC, a wholly-owned subsidiary of an affiliate of The Blackstone Group, with and into Apria Healthcare Group Inc. pursuant to the terms of the merger agreement dated as of June 18, 2008.
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Apria Healthcare Group Inc. Stockholders Approve Merger
LAKE FOREST, Calif., Oct. 10, 2008 (GLOBE NEWSWIRE) -- Apria Healthcare Group Inc. (NYSE:AHG) today announced that its stockholders have voted to approve and adopt the proposed merger of Sky Acquisition LLC, a wholly-owned subsidiary of an affiliate of The Blackstone Group, with and into Apria Healthcare Group Inc. pursuant to the terms of the merger agreement dated as of June 18, 2008.
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Encore Bancshares, Inc. to Release Earnings On October 24, 2008
HOUSTON, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today it will release its 2008 third quarter results before the market opens on Friday, October 24, 2008.
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Encore Bancshares, Inc. to Release Earnings On October 24, 2008
HOUSTON, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) ("Encore") announced today it will release its 2008 third quarter results before the market opens on Friday, October 24, 2008.
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Colorectal Surgery Patients May Recover Faster, Experience Fewer Complications With Revolutionary New Device From NiTi Surgical Solutions
SAN FRANCISCO, Oct. 10, 2008 (GLOBE NEWSWIRE) -- NiTi(tm) Surgical Solutions, a privately-held company focused on advancing medical technologies for
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