latest news releases from the newsroom
CORRECTION: Bexil Corporation Announces Increased Net Assets Per Share
NEW YORK, Jan. 17, 2003 (PRIMEZONE) -- Bexil Corporation (AMEX:BXL) announced today that its net assets per share had increased to $14.66 up from $11.41 at December 31, 2001 and $10.89 at June 30, 2002. The increase in assets was attributed primarily to the revised fair valuation of Bexil's York Insurance Services Group, Inc. 50% owned subsidiary, net of certain charges. Over the course of the year, York has shown strong growth in revenues and net income while reducing debt. It is anticipated that selected financial data for York will be announced after York's audit is completed in the first quarter of 2003.
The Recent Stockwinners.com Options Portfolio Doubles
AUSTIN, Texas, Jan. 17, 2003 (PRIMEZONE) -- The following is an investment opinion issued by Stockwinners.com. Selections featured in recent Stockwinners.com http://www.STOCKWINNERS.com Option Picks postings registered an average short-term gain of 107 percent. In the four months ending January 10th, the equities research firm addressed the upward price potential of 340 publicly traded stock options. On average, the entire group was up 107 percent in nine days. The postings included two hundred seven calls and one hundred thirty-three puts.
Occidental Petroleum Corp.
Occidental to Hold Earnings Conference Call
LOS ANGELES, Jan 17, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) will hold a conference call on Wednesday, January 29, 2003 following the release of its fourth-quarter 2002 financial results. The conference call, which will begin at 11:30 a.m. EST, may be accessed by calling 1-888-868-9080. The conference call also can be heard live on the company's website, www.oxy.com.
MoneyTV, Week of 1/17
LOS ANGELES, Jan. 17, 2003 (PRIMEZONE) -- MoneyTV is the nationally syndicated television program all about money, profiling emerging-growth companies (http://www.moneytv.net), featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.