latest news releases from the newsroom
Capital Research Group, Inc
TheSUBWAY.com Announces Its Stock Market Standouts List for Wednesday, May 11, 2005: GFYD, SUNW, JNPR, GOOG
WESTON, Fla., May 11, 2005 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: GFY Foods, Inc. (OTCBB:GFYD), Sun Microsystems Inc. (Nasdaq:SUNW), Juniper Networks Inc. (Nasdaq:JNPR), Google Inc. (Nasdaq:GOOG).
Beach First National Bank
Beach First National Bancshares, Inc. Files Registration Statement for Common Stock Offering
MYRTLE BEACH, S.C., May 11, 2005 (PRIMEZONE) -- Beach First National Bancshares, Inc. (OTCBB:BFNB) today announced it has filed a registration statement with the Securities and Exchange Commission concerning the proposed public offering of 1,000,000 shares of its common stock. The Company is registering an additional 150,000 shares of common stock to cover potential over-allotments by the underwriter. All of the offered shares are being sold by the Company. The exact terms of the offering, which will be made only by means of a prospectus, have not yet been disclosed.
Osmotics Pharma, Inc. and OnSource Corporation Complete Merger
DENVER, May 11, 2005 (PRIMEZONE) -- OnSource Corporation ("OnSource") (OTCBB:OSCE) has completed its planned merger with Osmotics Pharma, Inc. ("OPI"), a specialty pharmaceutical company focused on dermatology, oncology and infectious disease. Pending approval from OnSource's shareholders, the company intends to change its name and operate under the name Ceragenix Pharmaceuticals.
ViroPharma Announces Debt Reduction Of $29 Million
EXTON, Pa., May 11, 2005 (PRIMEZONE) -- ViroPharma Incorporated (Nasdaq:VPHM) today announced the purchase of $29.0 million of its outstanding 6% convertible subordinated notes due March 2007. ViroPharma purchased these notes for $27.9 million. Through this purchase, the company has reduced the aggregate principal amount of its outstanding 2007 convertible subordinated notes to $98.9 million.
Van Lanschot NV
Van Lanschot Optimistic About 2005 Profit
'S-HERTOGENBOSCH, Netherlands, May 11, 2005 (PRIMEZONE) -- At the presentation of the 2004 annual results on 17 March 2005, Van Lanschot NV announced it expected a further increase in earnings per share in 2005. At the General Meeting of Shareholders held today, the Bank announced an upward adjustment to this outlook. Barring unforeseen circumstances, it now believes that the increase in operating earnings per share(1) in 2005 will be in line with the medium-term target of an average of 10% per annum.
Northrop Grumman Corp.
Northrop Grumman to Conduct Annual Shareholders Meeting
LOS ANGELES - May 11, 2005 - Northrop Grumman Corporation (NYSE: NOC) will conduct its annual shareholders meeting on Tuesday May 17, 2005. The meeting, which includes a presentation by Ronald D. Sugar, Northrop Grumman chairman, chief executive officer and president, will be webcast beginning at 11 a.m. EDT at www.northropgrumman.com. An audio replay will be available for two weeks.