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Home BancShares, Inc. Announces Underwriters Exercise Over-Allotment
CONWAY, Ark., July 27, 2006 (PRIMEZONE) -- Home BancShares, Inc. (Nasdaq:HOMB) today announced the underwriter's of the Company's recently completed initial public offering have exercised and completed their option to purchase an additional 375,000 shares of common stock to cover over-allotments effective Wednesday, July 26, 2006. The company received net proceeds of approximately $6.3 million from its sale of shares after deducting sales commissions. The company intends to use the proceeds of the offering for general corporate purposes, which may include, among other things, working capital needs and providing investments in bank subsidiaries. A portion of the net proceeds may be used to finance bank acquisitions, though no present plans exist.
Cannabis therapy 'may be harmful'
Cannabis extracts used in medicine may have harmful, rather than the beneficial effects that are intended, it has been reported.
Furniture Brands International Declares Quarterly Dividend of $0.16 per Common Share
ST. LOUIS, July 27, 2006 (PRIMEZONE) -- The Furniture Brands International (NYSE:FBN) Board of Directors declared today a quarterly dividend of $0.16 per common share payable August 25, 2006 to shareholders of record at the close of business on August 7, 2006.
United Dominion Realty Trust Declares Quarterly Dividend on Series B Preferred Stock
RICHMOND, Va., July 27, 2006 (PRIMEZONE) -- United Dominion Realty Trust, Inc. (NYSE:UDR) today announced that its Board of Directors declared a regular quarterly dividend on its Series B Preferred Stock for the third quarter of 2006 in the amount of $0.5375 per share. The preferred dividend is payable on August 31, 2006 to Series B preferred stock shareholders of record as of August 15, 2006.
Sempra Energy to Report Second-Quarter 2006 Earnings Aug. 3
SAN DIEGO, July 27, 2006 (PRIMEZONE) -- Sempra Energy (NYSE:SRE) plans to announce its second-quarter 2006 earnings at 9 a.m. EDT, Aug. 3, 2006.
House GOP Pressing Vote on Minimum Wage
House Republican Leaders, Giving in to Political Reality, Plan Vote to Raise $5.15 Minimum Wage
CDC OKs Army's Plan to Destroy, Dispose of VX Nerve Agent
The CDC approves of the Army's plan to destroy and dispose of the deadly VX nerve agent.
Riverview Bancorp Declares Two for One Stock Split
VANCOUVER, Wash., July 27, 2006 (PRIMEZONE) -- Riverview Bancorp, Inc. (Nasdaq:RVSB) today announced that its Board of Directors has declared a two-for-one stock split in the form of a 100% stock dividend. The shares will be distributed on August 24, 2006, to shareholders of record as of August 10, 2006. Shareholders will receive one additional share of common stock for every share currently owned. Riverview has approximately 5.8 million shares outstanding, and will have about 11.6 million shares outstanding after the stock split.
Report: DHS Spent $34 Billion on Bad Contracts
During first two years of its existence, Homeland Security procurement spending ballooned, and much was spent on mismanaged private sector contracts.
Schiavo Supports Lieberman's Rival
Michael Schiavo, husband of Terri Schiavo, will campaign for businessman Ned Lamont, who is challenging U.S. Sen. Joseph Lieberman in Connecticut's Democratic primary on Aug. 8.
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