latest news releases from the newsroom
The Cowboy and the Paleontologist -- New Action-Packed Fiction Delights Adventure Fanatics
JUPITER, Fla., May 20, 2009 (GLOBE NEWSWIRE) -- It was 1851, and Darwin had published his theory on the evolution of the species. A couple of young men of means were enraptured with the theory that history was much deeper than four thousand years that the clergy had taught. They sought knowledge and fame, looking for the giant beast of the millennium long ago. Embark on a series of great adventures with The Cowboy and the Paleontologist by Cash Cashion.
Port of Houston Authority
PHA Commission Approves $20 Million in Bayport Projects
HOUSTON, May 20, 2009 (GLOBE NEWSWIRE) -- The Port Commission of The Port of Houston Authority (PHA) approved up to $20 million for Bayport projects, including the design of a Marine Emergency Building and the purchase of nine diesel electric container cranes, as well as the installation of TWIC readers at gates at Barbours Cut and Bayport container terminals, at its regular May 19 meeting.
Cornell Companies, Inc.
Cornell Companies Updates Guidance for Full Year -- Reaffirms Guidance for Second Quarter
HOUSTON, May 20, 2009 (GLOBE NEWSWIRE) -- Cornell Companies, Inc. (NYSE:CRN) today announced that it has been informed by the Georgia Department of Corrections that the Department will not start using the Company's recently completed expansion at its D. Ray James Prison in Georgia. The Company's previous guidance, included in the first quarter earnings release, provided a base case that assumed that the 700-bed expansion at D. Ray James Prison would begin to ramp at the beginning of the third quarter of 2009, and an alternate case that, if the expansion was to remain empty for all of 2009, earnings for the full year would be reduced by up to approximately $0.08 per share. Today's updated guidance assumes that the expansion will remain empty for the remainder of the year. As a result, the Company now expects earnings per share for the full year of $1.62 to $1.70. The Company also reaffirmed the earnings guidance range for the second quarter of $0.42 to $0.46 per share.