latest news releases from the newsroom
Acura Pharmaceuticals Inc.
Acura Pharmaceuticals, Inc. Announces First Quarter 2006 Results
PALATINE, Ill., April 26, 2006 (PRIMEZONE) -- Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced a net loss of $4.2 million or $0.01 per share for the quarter ending March 31, 2006, compared to a net loss of $1.9 million or $0.09 per share for the same period in 2005. Included in the 2006 and 2005 results is a non cash compensation charge of $2.8 million and $0.4 million, respectively, for stock compensation expense pertaining to the Company's issued and outstanding stock options and restricted stock units. Highlights of the Company's consolidated balance sheets and statements of operations appear below. Detailed financial statements are included in the Company's Form 10-Q for the quarter ended March 31, 2006 filed with the Securities and Exchange Commission.
Pacific CMA Inc.
Pacific CMA Announces Agreement to Acquire HTL Logistics
JAMAICA, N.Y., April 26, 2006 (PRIMEZONE) -- Pacific CMA, Inc. ("PAM" or "Pacific CMA") (AMEX:PAM) announced today that it entered into a stock purchase agreement (the "Agreement") to purchase (the "Acquisition") HTL Logistics Limited ("HTL"), a Cayman Islands company. The Agreement provides for the closing of the Acquisition on or prior to July 1, 2006 and is subject to Pacific's obtaining equity financing.
Delta Air Lines, Inc.
SkyTeam Partners Delta Air Lines and Aeromexico to Form Global Maintenance Partnership
PHOENIX, April 26, 2006 (PRIMEZONE) -- SkyTeam(r) partners Delta Air Lines and Aeromexico have reached a tentative agreement to form a maintenance partnership through which the airlines' maintenance divisions, Delta TechOps and Aeromexico Maintenance and Engineering, will jointly market and perform maintenance, repair and overhaul (MRO) services for maintenance customers worldwide. Specifically, the partnership will allow Aeromexico to expand its airframe heavy maintenance capabilities while allowing Delta TechOps to grow its overall MRO business.
Alliance Distributors Holding Inc.
Alliance Distributors Holding Inc. Announces End of Discussions to Buy Fesco
COLLEGE POINT, N.Y., April 26, 2006 (PRIMEZONE) -- Alliance Distributors Holding Inc. (OTCBB:ADTR) today announced that it will not buy Foto Electric Supply Co. Inc. (Fesco). An agreement by the company to buy Fesco expired on February 28, 2006, and subsequent discussions to extend and amend the agreement have ended. The company will record a charge of approximately $257,000 in the first quarter ended March 31, 2006 for its costs in the terminated transaction.
The Hispanic Institute
Hispanic Leaders Call for Censure of CNN Host Lou Dobbs
WASHINGTON, April 26, 2006 (PRIMEZONE) -- The Hispanic Institute, a non-partisan, not-for-profit organization headquartered in Washington, D.C., called upon CNN Worldwide President Jim Walton to censure CNN News Anchor Lou Dobbs for what the organization describes as outrageous and incendiary language in his reporting on immigration policy and the debate on that issue in congress.