latest news releases from the newsroom
The Plasencia Group
The Plasencia Group, Inc. Continues to Be Optimistic about Lodging Industry for Remainder of 2006
TAMPA, Fla., June 1, 2006 (PRIMEZONE) -- Throughout the remainder of 2006, The Plasencia Group, Inc., the leading hospitality transaction and consulting services firm representing owners of hotels, resorts and golf courses, advises hotel and resort owners to take advantage of the appetite for expanding lodging assets and suggests that those investing in the lodging industry take advantage of low interest rates, negligible supply increases and strong operating fundamentals.
Adrenaline Nation Entertainment, Inc.
Adrenaline Nation Entertainment, Inc. Begins the Process for Full Reporting
CLEARWATER, Fla., June 1, 2006 (PRIMEZONE) -- Adrenaline Nation Entertainment, Inc., (Pink Sheets:ADNL) today announced that it has engaged New York City-based CPA firm Sherb & Company, LLP to complete ADNL's first quarter 2006 audits. The accounting firm specializes in small- and mid-size public companies, providing audits and reviews of compliance with the Securities and Exchange Commission (SEC) and the Sarbanes-Oxley Act. The CPA firm is registered with the Public Company Accounting Oversight Board (PCAOB) and the American Institute of Certified Public Accountants (AICPA).
Aquila Completes Sale Transaction on Missouri Natural Gas Properties
KANSAS CITY, Mo., June 1, 2006 (PRIMEZONE) -- Aquila, Inc. (NYSE:ILA) today announced it has completed the sale of its Missouri natural gas utility division to The Empire District Gas Company for a base purchase price of $85 million. Total proceeds received were approximately $102 million, which includes the base purchase price and additional monies related to working capital and other adjustments, subject to "true-up" within 90 days. The transaction, initially announced in September 2005, involves one of four utility properties Aquila is selling for a total of $897 million. All sales transactions are expected to be completed this year.
Quanex Building Products Corporation
Quanex Fiscal Second Quarter 2006 Results
HOUSTON, June 1, 2006 (PRIMEZONE) -- Quanex Corporation (NYSE:NX) today reported fiscal second quarter results for the period ending April 30, 2006. Net sales were $507.2 million compared to $528.0 million a year ago, and income from continuing operations was $68.8 million versus $86.5 million in the year ago period. Diluted earnings per share from continuing operations were $1.07 compared to $1.31 in the second quarter last year. Diluted earnings per share were $1.07 versus $1.29 in the year ago quarter. The latest 12 month return on invested capital was 19.1% compared to 16.6% a year ago.
WorldWater & Solar Technologies
WorldWater & Power Signs $544,320 Contract with California's First Missionary Baptist Church to Build Solar Power System
PENNINGTON, N.J., June 1, 2006 (PRIMEZONE) -- WorldWater & Power Corp. (OTCBB:WWAT), developer and marketer of proprietary high-power solar systems, today announced the signing of a contract with the First Missionary Baptist Church of Littlerock, California to build a solar power and distribution system. Littlerock is a small city in Los Angles County approximately 40 miles northeast of the City of Los Angeles. The photovoltaic panels will be installed on the rooftop of the church's main sanctuary building and the WorldWater system will run in parallel with the church's public electric utility, Southern California Edison. The contract is subject to financing and approval of rebate.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast Live Its June 8, 2006, Analyst/Investor Conference
HORSHAM, Pa., June 1, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, will provide a live audio webcast of its 2006 Analyst/Investor Conference in New York City on Thursday, June 8, 2006. The conference will be hosted by Chairman and Chief Executive Officer Robert I. Toll.