DrStockPick.com Stock Report!

Friday August 21, 2009

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Saehan Bancorp (OTCBB:SAEB) today announced financial results for its second quarter ended June 30, 2009, reflecting the continued impact of current economic conditions. The company reported a net loss of $22.3 million, or $1.39 per diluted share, for the second quarter of 2009 compared with a net loss of $1.6 million, or $0.13 per diluted share, in the same period a year ago. The return on average equity for the second quarter of 2009 was -142.3 percent and the return on average assets was -9.26 percent compared with -10.23 percent and -0.77 percent, respectively, for the second quarter of 2008.

Expo Holdings, Inc. (PINKSHEETS: EXPH) selects proprietary product launch date. The company has chosen September 15, 2009 to reveal its new proprietary product.

Delta Air Lines (NYSE: DAL) Chief Executive Officer Richard Anderson today issued the following statement in response to a report by the U.S. Department of Transportation (DOT) regarding preliminary findings of an investigation into a lengthy ground delay involving Continental Flight 2816 on Aug. 8, 2009.

The Board of Directors of Albany International Corp. (NYSE: AIN) today declared a quarterly dividend of $0.12 per share on the Class A and Class B Common Stock, payable on October 7, 2009, to shareholders of record on September 8, 2009.

Novellus Systems, Inc. (Nasdaq: NVLS), today announced that it will provide its mid-quarter update for the third quarter 2009 in a conference call to be held Thursday, September 3, 2009, beginning at 1:30 p.m. PDT. The call will be available via an audio webcast that can be accessed on Novellus’ Investor Relations home page, located at www.novellus.com/. A replay of the webcast will be available for seven days following the conference call.

Continental Airlines (NYSE: CAL) Chairman and CEO Larry Kellner today issued the following statement regarding Continental Express Flight 2816 (operated by ExpressJet Airlines), which was subjected to a lengthy ground delay following a weather diversion to Rochester, Minn., on Aug. 8, 2009.

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