Summit Financial Group Announces Second Half 2006 Semi-Annual Dividend (Stock Trading)
Summit Financial Group Announces Second Half 2006 Semi-Annual Dividend
MOOREFIELD, W.V., Oct. 30, 2006 (PRIMEZONE) — Summit Financial Group, Inc. (Nasdaq:SMMF), a $1.2 billion financial holding company headquartered in Moorefield, West Virginia, today announces its second half 2006 semi-annual cash dividend. The dividend will be $0.16 per share and is payable on December 15, 2006 to shareholders of record as of December 1, 2006. This dividend combined with the dividend paid in the first half of 2006 represents a total cash dividend of $0.32 per share for the year, an increase of 6.7% over the $0.30 per share paid in 2005.
Braintech Completes Financing With Virginia Investment Group
VANCOUVER, British Columbia, Oct. 27, 2006 (PRIMEZONE) — Braintech, Inc. (OTCBB:BRHI), a leading provider of Vision Guided Robotic ("VGR") software, announced today that it has redeemed all of its outstanding US$2.45 million Secured Convertible Debentures. The Company utilized a financing from the Royal Bank of Canada guaranteed by a group of mainly existing Virginia-based shareholders. For detailed information on the transaction please read the 8-K Report filed with the SEC and available via the internet through EDGAR.
Dow Jones Agrees to Sell Six Local Newspapers for $282.5 Million
NEW YORK, Oct. 27, 2006 (PRIMEZONE) — Dow Jones&Company (NYSE:DJ) announced a definitive agreement to sell six of its community newspapers to Community Newspaper Holdings, Inc. for $282.5 million in cash, subject to a working capital adjustment. We expect the after-tax proceeds to be approximately $268.0 million, which will be used to fund the recently announced Factiva acquisition and to pay down debt.