latest news releases from the newsroom
Wireless Xcessories Group
The Wireless Xcessories Group Announces Third Quarter Results
HUNTINGDON VALLEY, Pa., Nov. 13, 2006 (PRIMEZONE) -- The Wireless Xcessories Group, Inc. (AMEX:XWG), a nationwide manufacturer and distributor of electronic and cellular accessories and creator of private labeled websites for affiliates, announced today third quarter results for the period ended September 30, 2006. The Company reported third quarter revenue of $5,670,000, an increase of 7.1% compared to $ 5,293,000 for the same period in fiscal 2005. Income before taxes for the fiscal 2006 third quarter was $100,000 versus $439,000 in the same period of 2005. The Company had 2006 third quarter net income of $125,000 or $0.03 per basic and diluted share, compared to net income of $321,000 or $0.07 per basic and diluted share in the same period for 2005.
Dobson Communications Corporation
Dobson Communications to Present At Conferences
OKLAHOMA CITY, Nov. 13, 2006 (PRIMEZONE) -- Dobson Communications Corporation (Nasdaq:DCEL) today announced that Bruce Knooihuizen, executive vice president and chief financial officer, will be presenting an overview of the Company's operations and strategy at 8:45 a.m. ET on Tuesday, November 14, at the JP Morgan Small/Mid Cap Conference in Boston.
Everyday Environmentalism Starts At Home On America Recycles Day
WASHINGTON, Nov. 13, 2006 (PRIMEZONE) -- America Recycles Day is Wednesday, November 15, reminding everyone that recycling can be the easiest way for Americans to be environmentalists. According to the U.S. Environmental Protection Agency, recycling is the easiest way to help protect against greenhouse gas emissions. However, while most people claim to support recycling, participation rates in curbside recycling programs across the country average around 50 percent, indicating that many Americans are not as diligent as they intend to be in their recycling.
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.