Sterling Bancshares Inc. (Nasdaq:SBIB) announced that its Board of Directors declared a quarterly cash dividend of $0.015 per share of common stock at the meeting held on October 25, 2010. The dividend is payable November 19, 2010 to shareholders of record on November 5, 2010.
Sterling Bancshares, Inc. operates as the holding company of Sterling Bank, which provides commercial and consumer banking services to consumers and small to medium-sized businesses in Texas. The company offers a range of banking services, including demand, savings, and time deposits; commercial, real estate, and consumer loans; merchant credit card services; letters of credit; and cash and asset management services.
Hiru Corporation (PINK SHEETS:HIRU) (http://www.hirucorporation.com) subsidiary Jiangxi Shaungshi Pharmaceutical Co., Ltd (Shaungshi AHP) launched the Jiangxi Shaungshi Biological Medicines Institute.
Shuangshi AHP is currently researching several new veterinary drugs for development within the next two years. The company launched this new institute to strengthen and speed up the research and development processes. The Institute will allow the company a better focus and concentration of its talent in bio-tech development and research. Shaungshi AHP has elected Li Rui to be director of the institute.
Hiru Corporation intends to continue its work in the development, production and marketing of both well-established and new veterinary drugs, and nutritional additives (amino acids, vitamins, trace elements, etc.) for the Chinese market.
The company is pleased with this development and looks forward to future growth.
Celera Corporation (Nasdaq:CRA) announced net revenues of $31.5 million for the third quarter of 2010 that ended September 25, 2010, compared to $40.0 million for the prior year quarter. For the third quarter of 2010, Celera reported a net loss of $8.5 million, or $0.10 per share, compared to a net loss of $7.4 million, or $0.09 per share, for the prior year quarter.
For the third quarters of 2010 and 2009, Celera recorded items that affected the comparability of results and a breakdown of these items is listed in the reconciliation table below. For the third quarter of 2010, these items increased the net loss by $2.7 million, and included a $1.0 million restructuring charge. For the third quarter of 2009, these items increased the net loss by $7.1 million, and included a $3.2 million restructuring charge.
Celera Corporation offers personalized disease management through a combination of products and services primarily in the United States. The company’s Lab Services segment provides a portfolio of clinical laboratory tests and disease management services designed to help physicians improve cardiovascular disease treatment regimens for their patients.
Novell Inc. (Nasdaq:NOVL) announced it has been positioned by Gartner, Inc. in the Leaders Quadrant of the Magic Quadrant for User Provisioning.* Covering vendors and solutions that manage identities across systems and applications, the Gartner report cites compliance as the main driver for uptake of products.
User Provisioning and Identity Management are the basis of security and compliance in the enterprise and the cloud," said Jay Roxe, director of Identity and Security Marketing, Novell. "We believe Gartner's recognition of Novell Identity Manager as a leader is another reason for customers to have confidence in choosing Novell as the foundation for their identity-infused enterprise.
Novell, Inc. develops, sells, and installs enterprise software that is positioned in the operating systems and infrastructure software layers of the information technology (NYSE:IT) industry worldwide. The company’s Open Platform Solutions segment delivers Linux and related solutions for the enterprises.
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