Cornerstone Bancs Tn (CSBQ) 2.8200 $CSBQ
Cornerstone Reports Positive Net Income for the Second Quarter of 2014
PR Newswire - Tue Jul 22, 2:37PM CDT
Cornerstone Bancshares, Inc. (OTCBB: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported earnings for the second quarter ended June 30, 2014. Net income for the quarter was $409,000, a 3.3 percent increase from the same quarter of 2013. Net interest income increased 5.5 percent from the same quarter last year.
Hapten Sciences, Inc. and Particle Sciences, Inc. Partner to Bring Hapten's Poison Ivy Product Into Clinical Trials
PR Newswire - Tue Jan 28, 12:00PM CST
Particle Sciences, Inc. a drug delivery Contract Development and Manufacturing Organization (CDMO), has partnered with Hapten Sciences, Inc. to progress Hapten's lead product into the clinic. The product is a vaccine developed to lessen or eliminate contact dermatitis from Poison Ivy, Oak and Sumac exposure. According to Raymond Hage, CEO of Hapten, "Experts report that 50 to 85 percent of the population in the United States is sensitive to urushiol and, when adequately exposed, will suffer an allergic reaction. Aside from the actual physical discomfort, these reactions cost the federal government and private business millions each year in lost workdays. For instance, in the western US, annually, about one third of US Forest Service Firefighters will leave a fire as a result of exposure to Poison Ivy, Oak or Sumac." Particle Sciences will be manufacturing the Phase I/II materials of Hapten's first human studies scheduled for 2014. According to Mark Mitchnick, MD, Particle Sciences' CEO, "We have worked with Hapten in the past and are delighted to be helping them bring this important product to market. This a great use of our sterile solution manufacturing capacity: producing and filling a novel product along with providing complete analytic (service info) and release testing (service info). We have steadily expanded or cGMP manufacturing capacity with a focus on sterile and otherwise challenging products and have several in the queue already for early 2014."
Cornerstone Bancshares, Inc. Reports Positive Earnings for Fourth Quarter of 2013
PR Newswire - Tue Jan 28, 7:00AM CST
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), holding company of Cornerstone Community Bank ("Bank"
, today announced net income of $403,000 for the fourth quarter of 2013 and $1.68 million for the year, which represents an increase of 20 percent over 2012. This marks the twelfth consecutive quarter of positive earnings for Cornerstone.
Streetline Unveils Sound Level and Surface Temperature Sensing; Advances "Internet of Things" Vision for Cities
PR Newswire - Tue Jan 07, 9:40AM CST
Streetline, Inc., a global provider of smart parking solutions, today unveiled plans to further extend its sensing capabilities to include sound level and road surface temperature as a next step towards advancing smart cities and the "Internet of Things". Streetline customers will soon be able to capture real-time sound level and temperature data in areas where the Streetline network is deployed - without the need for additional hardware or network infrastructure. With the addition of this new sensing capability, cities will have the ability to further expand the use of real-time and historical data to better manage city resources and respond to community and environmental needs. Streetline also continues to explore other high ROI sensor-enabled smart city use cases to integrate into its platform - sourced both internally and through partners.
Cornerstone Bancshares, Inc. Reports Positive Earnings for Second Quarter of 2013
PR Newswire - Mon Jul 29, 8:00AM CDT
Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ; CSBQP) today announced the following:
Cornerstone Bancshares, Inc. Reports Positive Earnings for First Quarter of 2013
PR Newswire - Thu Apr 25, 7:00AM CDT
Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported net income of $452,000 for the first quarter of 2013, an increase of 26.8 percent over the same quarter of 2012.
Cornerstone Bancshares, Inc. Declares Quarterly Preferred Dividend
PR Newswire - Fri Feb 01, 10:37AM CST
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today announced the next quarterly dividend payment of its Series A Convertible Preferred Stock. Declared on February 1, 2013, the cash dividend is payable on February 14, 2013, to all Preferred shareholders of record as of September 30, 2012.
Cornerstone Reports Positive Net Income for the Second Quarter of 2014
PR Newswire - Tue Jul 22, 2:37PM CDT
Cornerstone Bancshares, Inc. (OTCBB: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported earnings for the second quarter ended June 30, 2014. Net income for the quarter was $409,000, a 3.3 percent increase from the same quarter of 2013. Net interest income increased 5.5 percent from the same quarter last year.
Hapten Sciences, Inc. and Particle Sciences, Inc. Partner to Bring Hapten's Poison Ivy Product Into Clinical Trials
PR Newswire - Tue Jan 28, 12:00PM CST
Particle Sciences, Inc. a drug delivery Contract Development and Manufacturing Organization (CDMO), has partnered with Hapten Sciences, Inc. to progress Hapten's lead product into the clinic. The product is a vaccine developed to lessen or eliminate contact dermatitis from Poison Ivy, Oak and Sumac exposure. According to Raymond Hage, CEO of Hapten, "Experts report that 50 to 85 percent of the population in the United States is sensitive to urushiol and, when adequately exposed, will suffer an allergic reaction. Aside from the actual physical discomfort, these reactions cost the federal government and private business millions each year in lost workdays. For instance, in the western US, annually, about one third of US Forest Service Firefighters will leave a fire as a result of exposure to Poison Ivy, Oak or Sumac." Particle Sciences will be manufacturing the Phase I/II materials of Hapten's first human studies scheduled for 2014. According to Mark Mitchnick, MD, Particle Sciences' CEO, "We have worked with Hapten in the past and are delighted to be helping them bring this important product to market. This a great use of our sterile solution manufacturing capacity: producing and filling a novel product along with providing complete analytic (service info) and release testing (service info). We have steadily expanded or cGMP manufacturing capacity with a focus on sterile and otherwise challenging products and have several in the queue already for early 2014."
Cornerstone Bancshares, Inc. Reports Positive Earnings for Fourth Quarter of 2013
PR Newswire - Tue Jan 28, 7:00AM CST
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), holding company of Cornerstone Community Bank ("Bank"
, today announced net income of $403,000 for the fourth quarter of 2013 and $1.68 million for the year, which represents an increase of 20 percent over 2012. This marks the twelfth consecutive quarter of positive earnings for Cornerstone. Streetline Unveils Sound Level and Surface Temperature Sensing; Advances "Internet of Things" Vision for Cities
PR Newswire - Tue Jan 07, 9:40AM CST
Streetline, Inc., a global provider of smart parking solutions, today unveiled plans to further extend its sensing capabilities to include sound level and road surface temperature as a next step towards advancing smart cities and the "Internet of Things". Streetline customers will soon be able to capture real-time sound level and temperature data in areas where the Streetline network is deployed - without the need for additional hardware or network infrastructure. With the addition of this new sensing capability, cities will have the ability to further expand the use of real-time and historical data to better manage city resources and respond to community and environmental needs. Streetline also continues to explore other high ROI sensor-enabled smart city use cases to integrate into its platform - sourced both internally and through partners.
Cornerstone Bancshares, Inc. Reports Positive Earnings for Second Quarter of 2013
PR Newswire - Mon Jul 29, 8:00AM CDT
Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ; CSBQP) today announced the following:
Cornerstone Bancshares, Inc. Reports Positive Earnings for First Quarter of 2013
PR Newswire - Thu Apr 25, 7:00AM CDT
Cornerstone Bancshares, Inc. (OTC Bulletin Board: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today reported net income of $452,000 for the first quarter of 2013, an increase of 26.8 percent over the same quarter of 2012.
Cornerstone Bancshares, Inc. Declares Quarterly Preferred Dividend
PR Newswire - Fri Feb 01, 10:37AM CST
Cornerstone Bancshares, Inc. ("Cornerstone"; OTC Bulletin Board: CSBQ; CSBQP), parent company of Cornerstone Community Bank, today announced the next quarterly dividend payment of its Series A Convertible Preferred Stock. Declared on February 1, 2013, the cash dividend is payable on February 14, 2013, to all Preferred shareholders of record as of September 30, 2012.
