latest news releases from the newsroom
OTC Stock Review Issues Report on Sunwin International Neutraceuticals Inc.
ATLANTA, Nov. 9, 2005 (PRIMEZONE) -- OTC Stock Review announces that it has initiated coverage of Sunwin International Neutraceuticals Inc. (OTCBB:SUWN). Trading at 8 times fiscal '05 earnings, Sunwin International Neutraceuticals, Inc. poses a tremendous opportunity for U.S. investors to participate in the growth of the Chinese economy. One of 2,000 state-level companies authorized as the most important innovative high-tech pioneer businesses by the Chinese Central Government in March 2005, Sunwin's scientists announced the development of a new series of veterinary disinfectants against the Bird Flu Virus. Based on Chinese herbal technology that Sunwin owns, the disinfectant kills any kind of Bird Flu Virus, meets national sanitary standards, and does not cause pollution to the environment.
Horizon Offshore Inc.
Horizon Offshore Reports Third Quarter Results
HOUSTON, Nov. 9, 2005 (PRIMEZONE) -- Horizon Offshore, Inc. (Pink Sheets:HOFF) reported net income for the quarter ended September 30, 2005 of $3.1 million, or $0.005 per share-diluted. This compares with a net loss of $(23.1) million, or $(0.72) per share-diluted, for the third quarter of 2004. For the third quarter of 2005, gross profit was $21.0 million (22.6% of contract revenues) on revenues of $92.8 million, compared to gross profit of $15.9 million (16.8% of contract revenues) on revenues of $94.6 million for the third quarter of 2004. The calculated EBITDA was $20.0 million for the quarter ended September 30, 2005, compared to $13.1 million for the third quarter of 2004.
Frontline Ltd. -- Notice of Annual General Meeting
HAMILTON, Bermuda, Nov. 9, 2005 (PRIMEZONE) -- Frontline Ltd. announces that its 2005 Annual General Meeting will be held on November 30, 2005. A copy of the Notice of Annual General Meeting and associated information including the Company's Annual Report on Form 20-FA can be found on our website at www.frontline.bm and at the following links:
TeliaSonera Continues with Integrating Mobile and IP Telephony
STOCKHOLM, Sweden, Nov. 9, 2005 (PRIMEZONE) -- TeliaSonera continues with the initiatives in integrating fixed and mobile telephony and will now conduct a technical trial of the Unlicensed Mobile Access (UMA) technology which permits the use of one single handset for both mobile and fixed telephony. TeliaSonera is currently also doing user tests of the UMA concept in Denmark.