latest news releases from the newsroom
First Horizon National Corporation
First Horizon Bank Announces Opening of Old Town Alexandria Financial Center
MCLEAN, Va., Nov. 13, 2006 (PRIMEZONE) -- First Horizon Bank, a full-service financial services company, announced today the opening of a new full-service financial center in Old Town Alexandria, Va. Located at 833 South Washington Street, the Old Town location is part of First Horizon's continuing commitment to provide high-quality financial counsel and convenience to greater Washington-area residents and businesses. The center will be managed by Angela Faison.
Aurora Oil & Gas Corporation
Aurora Oil & Gas Corporation Announces Underwriters' Exercise of Over-Allotment Option
TRAVERSE CITY, Mich., Nov. 13, 2006 (PRIMEZONE) -- Aurora Oil & Gas Corporation (AMEX:AOG) today announced that the underwriters of the Company's recent public offering of 24 million shares (including 8 million shares offered by a selling shareholder), which closed on November 1, 2006, have exercised in full their over-allotment option to purchase an additional 3.6 million shares of common stock from the Company. Including the over-allotment shares purchased today, the offering totaled 27.6 million shares of common stock (including 19.6 million shares offered by the Company and 8 million shares offered by a selling shareholder) at a price to the public of $3.00 per share, resulting in net proceeds to the Company of approximately $54.7 million, after deducting the underwriting discounts and commissions and the estimated offering expenses.
Sonesta International Hotels Corporation
Sonesta International Hotels Corporation Announces 3rd Quarter Results
BOSTON, Nov. 13, 2006 (PRIMEZONE) -- Sonesta International Hotels Corporation (Nasdaq:SNSTA) today reported a net loss of $2,196,000, or $(0.59) per share, in the quarter ended September 30, 2006, compared to net income of $1,570,000, or $0.42 per share, in the quarter ended September 30, 2005. Operating revenues, excluding other revenues from managed and affiliated properties, were $15,618,000 in the 2006 quarter, compared to $16,225,000 in the 2005 quarter. The Company had an operating loss of $3,104,000 in the third quarter of 2006, compared to an operating loss of $3,320,000 during the same period in 2005.
Foundry Networks, Inc.
Foundry Networks Powers SC06 High Performance Computing Conference
SANTA CLARA, Calif., Nov. 13, 2006 (PRIMEZONE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced its participation at SC06, the premier international conference of high performance computing, networking, storage and analysis, November 11-17 in the Tampa Convention Center, one of the best-connected sites on the planet. Foundry will supply equipment for the show's SCinet high-performance backbone network and participate in the SC06 annual Bandwidth Challenge with the University of Tokyo.
Vitamin Shoppe Industries, Inc.
Vitamin Shoppe Industries, Inc. to Discuss Third Quarter 2006 Results for Bondholders
NORTH BERGEN, N.J., Nov. 13, 2006 (PRIMEZONE) -- Vitamin Shoppe Industries, Inc., a leading specialty retailer and direct marketer of nutritional products, will hold a conference call for its bondholders on Wednesday, November 15th, at 4:30 p.m., Eastern Time. During the call, members of management will report on the Company's third quarter financial performance.
Jana Moak, President and CEO, Control Module, Appointed to Connecticut Technology Council's Board of Directors
ENFIELD, Conn., Nov. 13, 2006 (PRIMEZONE) -- Control Module Inc. (CMI), the leading biometric workforce management and data collection technology provider, today announced that Jana Moak has been appointed to the Connecticut Technology Council's Board of Directors. With this appointment, Jana will help further Connecticut's ability to compete in the global technology marketplace by creating a vibrant, world-class culture of innovation that draws the sharpest minds and the brightest new ideas.