Compliance, Litigation, Announcements & Presentations: Pre-Week Review

November 16, 2009 (FinancialWire) — Compliance, Litigation, Announcements & Presentations news last week included Aastrom Biosciences, Inc. (NASDAQ: ASTM), Compuware Corp. (NASDAQ: CPWR), Avro Energy, Inc. (OTCBB: AVOE) and others:

Leggett & Platt Wins Dismissal Of Patent Suit:  November 10, 2009 (FinancialWire) — Leggett & Platt, Inc. (NYSE: LEG) said it has won an agreement to dismissal of a lawsuit by Vutek, Inc. that challenged the validity of two of Leggett & Platt’s U.S. patents. The patents cover Leggett’s technology for ultraviolet curing of ink in superwide format ink jet printers. Vutek agreed to… (continued at http://www.financialwire.net/2009/11/10/leggett-platt-wins-dismissal-of-patent-suit/).

Kohlberg Capital Corp. Delays Filing Of Third Quarter Report On Form 10-Q:  November 11, 2009 (FinancialWire) — Kohlberg Capital Corp. (NASDAQ: KCAP)  has delayed the release of its full earnings results for the quarter ended September 30, 2009 while it is in discussion with its independent public accountants, Deloitte & Touche LLP (Deloitte), regarding valuation determinations under Statement of Financial Accounting Standards No. 157… (continued at http://www.financialwire.net/2009/11/11/kohlberg-capital-corp-delays-filing-of-third-quarter-report-on-form-10-q/).

Idaho-Based Home Federal Bank And Home Federal Bancorp, Inc. Not Affiliated With Failed Bank:  November 11, 2009 (FinancialWire) — Home Federal Bancorp, Inc.  (NASDAQ: HOME), the parent company of Home Federal Bank (Home Federal), clarified that it has no relationship with a failed bank of similar name in Michigan. Home Federal is based in Nampa, Idaho, and operates 23 full-service banking offices and one commercial loan center in southwestern Idaho… (continued at http://www.financialwire.net/2009/11/11/idaho-based-home-federal-bank-and-home-federal-bancorp-inc-not-affiliated-with-failed-bank/).

Wintrust Financial Corp. Presenting at the East Coast Financial Services Conference:  November 11, 2009 (FinancialWire) — Wintrust Financial Corp. (Wintrust) (NASDAQ: WTFC) announced that company management will present at the Sandler O’Neill & Partners, L.P. East Coast Financial Services Conference to be held on November 12, 2009 in Palm Beach, Florida. The conference can be attended, in person, by invitation only. However, the conference will be broadcast… (continued at http://www.financialwire.net/2009/11/11/wintrust-financial-corp-presenting-at-the-east-coast-financial-services-conference/).

The Boston Globe Names EnerNOC To Globe 100’s Top Places To Work ’09:  November 11, 2009 (FinancialWire) — EnerNOC, Inc. (NASDAQ: ENOC), a provider of clean and intelligent energy solutions, has been named one of the 100 Top Places to Work in Massachusetts in the second annual employee-based survey project from The Boston Globe. The honorees were profiled in the November 8th issue of the Sunday Globe… (continued at http://www.financialwire.net/2009/11/11/the-boston-globe-names-enernoc-to-globe-100s-top-places-to-work-09/).

Mobile Edition Of NASDAQ.com Launched:  November 11, 2009 (FinancialWire) — The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) has launched a mobile web version of NASDAQ.com, the world’s most popular stock exchange web site, which draws about 2.4 million unique visitors per month. NASDAQ is the world’s first major stock exchange to offer free access to information on all web-enabled mobile devices… (continued at http://www.financialwire.net/2009/11/11/mobile-edition-of-nasdaq-com-launched/).

Vital Images Delivers Exceptional Performance With New Intel Server Platform:  November 11, 2009 (FinancialWire) — Vital Images, Inc. (NASDAQ: VTAL), a provider of advanced visualization and analysis solutions and Intel, the world leader in silicon innovation, have leveraged their signature technologies to enable significant decreases in clinical dataset load times compared to previous capabilities. As datasets continue to increase in size, which is particularly prevalent in… (continued at http://www.financialwire.net/2009/11/11/vital-images-delivers-exceptional-performance-with-new-intel-server-platform/).

Disney’s A Christmas Carol Opens Strong in IMAX(R) Theatres:  November 12, 2009 (FinancialWire) — IMAX Corp. (NASDAQ: IMAX) (TSX: IMX) and Walt Disney Studios Motion Pictures announced that Disney’s A Christmas Carol, starring Jim Carrey, grossed $4.2 million from 181 IMAX(R) theatres domestically from November 6th through November 8, 2009, registering 14% of the film’s total domestic gross of $30 million on approximately 3%… (continued at http://www.financialwire.net/2009/11/12/disneys-a-christmas-carol-opens-strong-in-imaxr-theatres/).

Horizon Financial Receives NASDAQ Notice:  November 12, 2009 (FinancialWire) — Horizon Financial Corp. (NASDAQ: HRZB), the bank holding company for Horizon Bank, has been contacted by the NASDAQ Stock Market regarding its listing status under Marketplace Rule 5450(a) (1) because its securities have not maintained a minimum bid price of $1.00 per share for 30 consecutive business days. On November 6… (continued at http://www.financialwire.net/2009/11/12/horizon-financial-receives-nasdaq-notice/).

StellarOne Corp. Changes Results For Third Quarter:  November 12, 2009 (FinancialWire) — StellarOne Corp. (NASDAQ: STEL) (StellarOne), the parent company of StellarOne Bank, reported the company will revise its third quarter loss to reflect a non-cash impairment charge in the amount of $1.9 million related to the common stock of several Virginia and North Carolina based community banks held in its investment… (continued at http://www.financialwire.net/2009/11/12/stellarone-corp-changes-results-for-third-quarter/).

Nationwide Building Society Wins With ACI Proactive Risk Manager:  November 12, 2009 (FinancialWire) — ACI Worldwide, Inc. (NASDAQ: ACIW), a international provider of electronic payments software and solutions, announced that Nationwide Building Society has been awarded the Banking Technology Magazine Award for the Best Use of IT in Retail Banking, for its use of ACI Proactive Risk Manager for fraud prevention and detection. Using Proactive… (continued at http://www.financialwire.net/2009/11/12/nationwide-building-society-wins-with-aci-proactive-risk-manager/).

Old National Bank Celebrates 175th Anniversary:  November 12, 2009 (FinancialWire) — Old National Bancorp (NYSE: ONB) celebrated its 175th anniversary Wednesday, November 11, 2009. From its modest beginning with two associates, in a one-room bank on Evansville’s riverfront (in the same location where the headquarters now stands), Old National has grown into a thriving financial institution with more than 170 banking… (continued at http://www.financialwire.net/2009/11/12/old-national-bank-celebrates-175th-anniversary/).

Avro Energy Commences Workover Operations On Arkansas Deep Oil Well:  November 12, 2009 (FinancialWire) — Avro Energy, Inc. (OTCBB: AVOE) has begun workover operations on the RM Collins deep oil well near Mandeville, Arkansas. This well is currently producing from the deep Smackover Formation. As previously disclosed, the South Arkansas Deep Well acquisition meets the company’s model of acquiring deeper oil and gas production… (continued at http://www.financialwire.net/2009/11/12/avro-energy-commences-workover-operations-on-arkansas-deep-oil-well/).

NaturalNano Gains Patent In The Energy Sector:  November 12, 2009 (FinancialWire) — NaturalNano, Inc. (OTCBB: NNAN) (Frankfurt: N3N) announced allowance of a second patent dealing with use of its proprietary Halloysite materials in high performance energy storage devices called Ultracapacitors. Acting CEO James Wemett said, “We expect this patent to issue early in 2010 — this timing corresponds with efforts we are making… (continued at http://www.financialwire.net/2009/11/12/naturalnano-gains-patent-in-the-energy-sector/).

Small Biz Expert Steve Strauss To Explain Preference For VoIP Over Standard Telephone:  November 12, 2009 (FinancialWire) — Internationally recognized small business author, columnist and speaker Steven Strauss will conduct a free webinar discussing the advantages of VoIP (Voice over Internet Protocol) phone service for small business over traditional phone service on Thursday, November 12, 2009 at 2: 00 p.m. ET. Sponsored by IP communications solution provider 8×8… (continued at http://www.financialwire.net/2009/11/12/small-biz-expert-steve-strauss-to-explain-preference-for-voip-over-standard-telephone/).

GWS Technologies Announces Development Of 7-Megawatt Solar Farm In Arizona:  November 12, 2009 (FinancialWire) — GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing and marketing solar and wind-powered renewable energy products and solutions, announced that it is working with Dominion Real Estate Investments, LLC to develop a 36 acre solar farm in Florence, Arizona. The project will cost approximately $28 million. The company plans… (continued at http://www.financialwire.net/2009/11/12/gws-technologies-announces-development-of-7-megawatt-solar-farm-in-arizona/).

Selling Your House With IPhone:  November 12, 2009 (FinancialWire) — providers of security systems to homes and businesses, has developed an iPhone application that allows users to access their security panels and receive real-time security updates from their iPhone or iPod touch(R). With the eSecure application from Protection One, users can confirm that the security system is armed while on vacation… (continued at http://www.financialwire.net/2009/11/12/selling-your-house-with-iphone/).

Compuware Covisint Introduces AppCloud:  November 12, 2009 (FinancialWire) — Compuware Corp. (NASDAQ: CPWR) Covisint subsidiary launched AppCloud, a secure application marketplace that allows healthcare technology providers to offer their solutions to Covisint communities. Covisint made the announcement at the Healthcare IT Summit in LaQuinta, Calif., where it is presenting to industry analysts and IT executives on both the challenges and… (continued at http://www.financialwire.net/2009/11/12/compuware-covisint-introduces-appcloud/).

Aastrom To Initiate Second Phase II Clinical Trial For Treatment of Severe Chronic Heart Failure:  November 12, 2009 (FinancialWire) — Aastrom Biosciences, Inc. (NASDAQ: ASTM), a leading developer of autologous cell products for the treatment of chronic cardiovascular diseases, announced that the company will initiate its second clinical trial for the treatment of dilated cardiomyopathy, a severe disease associated with chronic heart failure, after a positive 30-day review of Aastrom’s… (continued at http://www.financialwire.net/2009/11/12/aastrom-to-initiate-second-phase-ii-clinical-trial-for-treatment-of-severe-chronic-heart-failure/).

Preferred Bank Receives $7 Million Settlement On Loan:  November 13, 2009 (FinancialWire) — Preferred Bank (NASDAQ: PFBC) (Current Market Cap: $32.76 Mil.) said it has received $7.05 million from another bank in the full settlement of a long outstanding lawsuit relating to a loan participation between the two banks. After deducting the remaining carrying value of the loan and related legal expenses, Preferred will… (continued at http://www.financialwire.net/2009/11/13/preferred-bank-receives-7-million-settlement-on-loan/).

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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). Friday’s issued reports and/or recorded webcasts include Yanglin Soybean Inc. (OTCBB: YSYB), J.C. Penney (NYSE: JCP), Penford Corporation (NASDAQ: PENX), Savanna Energy Services Corp. (TSX: SVY) and ZAGG Inc. (NASDAQ: ZAGG).