latest news releases from the newsroom
Port of Houston Authority
PHA Commission Considers Port Road Expansion Project, Other Matters
HOUSTON, Dec. 15, 2006 (PRIME NEWSWIRE) -- The Commission of The Port of Houston Authority (PHA) will consider several Bayport-related and other matters on Monday, December 18, beginning at 1 p.m. in the board room of the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
Stone Arcade Acquisition Corporation
Stone Arcade Acquisition Corp. Announces Date for Special Meeting
NORTHFIELD, Ill., Dec. 15, 2006 (PRIME NEWSWIRE) -- Stone Arcade Acquisition Corp. (OTCBB:SCDE) announced today it has set December 29, 2006 for a special meeting of stockholders to consider and vote on its previously-announced proposed acquisition of Kraft Papers Business, a division of International Paper Company. Stockholders of record as of November 17, 2006, the record date for the meeting, will be entitled to attend the special meeting and vote on the proposed acquisition and related proposals.
Fittipaldi Logistics, Inc.
Fittipaldi Logistics Subsidiary Announces Intent to Acquire Carrier
BOCA RATON, Fla., Dec. 15, 2006 (PRIME NEWSWIRE) -- Fittipaldi Logistics, Inc. (OTCBB:FPLD) -- "improving transportation through intelligent information management" -- announced today that Commodity Express, a wholly-owned subsidiary of Fittipaldi Logistics has entered into a preliminary agreement to acquire the assets of a significant southeast-based trucking and brokerage firm. Initial projections show that this move will increase Commodity Express revenues by approximately 12 million dollars annually. The transaction carries a scheduled closing date in the first quarter of 2007.