latest news releases from the newsroom
TDC A/S: Notice From NTC Re. Redelivery of Tied-Up Employee Shares
COPENHAGEN, Denmark, Dec. 1, 2006 (PRIME NEWSWIRE) -- Today, TDC has received a notice from Nordic Telephone Company ApS (NTC) informing that NTC has decided to redeliver employee shares to those employee shareholders, who in December 2005/January 2006 accepted NTC's tender offer, in accordance with the special terms for tied-up employee shares set out in NTC's offer document of December 2, 2005.
Gateway Financial Holdings, Inc.
Gateway Insurance Services Continues Its Expansion in Virginia With the Acquisition of C.D. West & Company in Newport News
VIRGINIA BEACH, Va., Dec. 1, 2006 (PRIME NEWSWIRE) -- Gateway Bank & Trust Co., the banking subsidiary of Gateway Financial Holdings, Inc. (Nasdaq:GBTS) announced that its subsidiary, Gateway Insurance Services, Inc., is acquiring C.D. West & Company, one of the oldest and most reputable insurance agencies in Newport News, Virginia, effective December 1, 2006. Founded in 1897, C.D. West & Company is an established commercial lines (business) insurance agency, whose products include property, commercial automobile, general liability, workers' compensation, and specially designed insurance coverages for business owners.
Golden Ocean Group Limited
Golden Ocean Group Limited: Third Quarter 2006 Results
HAMILTON, Bermuda, Dec. 1, 2006 (PRIME NEWSWIRE) -- Golden Ocean Group Limited (the "Company" or "Golden Ocean") is pleased to report net income of $15.3 million and earnings per share of $0.06 for the third quarter of 2006. This compares with net income and earnings per share of $10.0 million and $0.04 for the second quarter of 2006. Total operating revenues for the third quarter were $68.5 million, total operating expenses were $55.9 million and net other income was $2.5 million.
Learn to Grow Up and Think Freely by Reading This Book
MONTREAL, Quebec, Nov. 30, 2006 (PRIME NEWSWIRE) -- Throughout history, selfish leaders have always used religion and ideology to keep people under their control. Such controls however limit their perception and freedom, which make them childish in more ways than one. For author Kevin Henley, people need to grow up now for the fate of the world is at stake. This is the central theme of his new book Billions of Big Babies released through Xlibris.
T-3 Energy Services, Inc.
T-3 Energy Services, Inc. Announces Disposition of 4.5 Million Shares by First Reserve Fund VIII, L.P.
HOUSTON, Nov. 30, 2006 (PRIME NEWSWIRE) -- T-3 Energy Services, Inc. ("T-3") (Nasdaq:TTES) today announced that First Reserve Fund VIII, L.P. ("First Reserve Fund VIII") sold 4,500,000 shares of common stock of T-3 in a series of block trades. First Reserve Fund VIII, which first capitalized T-3 in 2000, is managed by First Reserve Corporation ("First Reserve"), a private equity firm specializing in the energy industry. Prior to the sale, First Reserve beneficially owned approximately 84.8% of T-3's outstanding common stock through First Reserve Fund VIII. Following the sale, First Reserve beneficially owns approximately 44.3% of T-3's common stock.