latest news releases from the newsroom
Highway Holdings Limited
Highway Holdings Reports Fiscal 2008 First Quarter Results
HONG KONG, Aug. 9, 2007 (PRIME NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today reported results for its first fiscal quarter ended June 30, 2007 -- reflecting ongoing benefits of its divesture of non-core businesses completed in fiscal 2006 and the addition of the two new plastics and metal manufacturing subsidiaries.
Pain Therapeutics, Inc.
Pain Therapeutics Announces Second Quarter 2007 Financial Results
SOUTH SAN FRANCISCO, Calif., Aug. 9, 2007 (PRIME NEWSWIRE) -- Pain Therapeutics, Inc. (Nasdaq:PTIE) today reported financial results for the three and six months ended June 30, 2007. Net income for the quarter ended June 30, 2007 was $3.4 million, or $0.07 per diluted share, compared to $1.4 million, or $0.03 per share, in the second quarter of 2006. Net income for the six months ended June 30, 2007 was $16.0 million, or $0.35 per diluted share, compared to $2.2 million, or $0.05 per share, for the same period in 2006.
OTC Stock Review Issues Report On Paxton Energy
ATLANTA, Aug. 9, 2007 (PRIME NEWSWIRE) -- OTC Stock Review announces that it has published a report on Paxton Energy, Inc. (OTCBB:PXTE). Paxton Energy, Inc. headquartered in Carson City, Nevada drills for high quality sweet crude oil and high BTU natural gas on a large land position in the productive Cooke and Storey Ranches located in La Salle County, Texas. With over 11,000 acres available, Paxton Energy, Inc. has accumulated a large amount of drilling and seismic data, and is now producing from several oil and gas wells on the properties in Texas.