latest news releases from the newsroom
Vestin Group, Inc.
Vestin Fund III Raises $10 million; Escrow Release, Units Issued to Investors
LAS VEGAS, Feb. 12, 2004 (PRIMEZONE) -- Vestin Mortgage, Inc., a subsidiary of Vestin Group, Inc. (Nasdaq:VSTN), today announced that Vestin Fund III has raised in excess of $10,000,000 from 380 investors, the dollar threshold at which the Fund is released from escrow and can issue units to its investors.
Millenia Hope Inc.
Jacky Quan Joins Millenia Hope
MONTREAL, Feb. 12, 2004 (PRIMEZONE) -- Millenia Hope Inc., a Biotech Corporation (OTCBB:MLHP) (Berlin Stock Exchange:MLF) today announced that Jacky Quan has joined the company as Vice-President - Sales for Asia and South America.
Occidental Petroleum Corp.
Occidental Petroleum Announces 6% Dividend Increase
LOS ANGELES, Feb. 12, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that its Board of Directors has declared a quarterly dividend of $.275 per share of common stock for an annual rate of $1.10 per share, compared to the previous annual rate of $1.04. The dividend will be payable on April 15, 2004 to stockholders of record on March 10, 2004. Occidental has paid cash dividends continuously since 1975.
Renegade Venture Corporation
Renegade's Hamilton Aerospace Subsidiary Announces Another Maintenance Check for Falcon Air Express
TUCSON, Ariz., Feb. 12, 2004 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) today disclosed that its wholly owned subsidiary, Hamilton Aerospace Technologies, has inked another "C" scheduled maintenance check with Falcon Air Express as part of the previously announced 2004 General Terms Agreement between the two companies. The aircraft, a Boeing 727-200, has arrived at Hamilton Aerospace's facility and work will begin immediately. The total value of this maintenance check will be over $600,000 and will be completed and booked the first quarter of 2004.
Hoffman & Edelson LLC
Hoffman & Edelson, LLC Announces Shareholder Class Action Filed Against Interpool, Inc.
DOYLESTOWN, Pa., Feb. 12, 2004 (PRIMEZONE) -- Hoffman & Edelson, LLC announced today that a class action lawsuit was filed in the United States District Court for the District of New Jersey on behalf of all purchasers of the securities of Interpool, Inc. (Pink Sheets:IPLI) ("Interpool" or the "Company") between May 8, 2000 and March 6, 2003, inclusive (the "Class Period").