latest news releases from the newsroom
Eagle Environmental Technologies Ltd
Eagle Environmental Technologies Ltd. Reduces the Number of Directors
RENO, Nev., Aug. 29, 2005 (PRIMEZONE) -- Brian Wilmot, Eagle Environmental Technologies' (Pink Sheets:EGVR) CEO, announced that Pamela Runyon, one of our new directors and Vice President, ZawCAD division, has resigned from the company due to personal reasons, effective August 21, 2005. Ms. Runyon's expertise in purchasing and distribution of finished products would have been very beneficial to the sales of the ZawCAD units. The company will be seeking an officer replacement for her in the near future, but no date has been set at this time. Applicants are being considered and the company expects to have the slot filled by year end.
SmallCap Sentinel: Gauging the Impact of the Pending Horde of Baby Boomers
IRVINE, Calif., Aug. 29, 2005 (PRIMEZONE) -- "While many fear the lack of investment dollars in the stock market by retiring baby boomers, savvy investors are focusing on the areas where this enormous group will soon be spending their money," stated SmallCap Sentinel analyst, D.R. Clark. "Surely, the diminished income of retired boomers will tighten personal spending and investment but it should simultaneously cause a greater consumption of imperative goods and services led most obviously by health care."
SmallCap Sentinel: Market Reacts as Stent Company Receives FDA Phase II Approval
IRVINE, Calif., Aug. 29, 2005 (PRIMEZONE) -- "Guidant Corporation's (NYSE:GDT) announcement that the company has received Phase II approval from the Food and Drug Administration (FDA) to expand enrollment in the U.S. portion of its SPIRIT III drug eluting stent clinical trial sparked interest in the market," stated SmallCap Sentinel analyst, D.R. Clark. "Company shares traded enormous volume the day of and following the FDA announcement. Clearly, this indicates great interest in stent related news and success stories."
J.P. Morgan Chase & Co.'s Holdings in Metso to 5.04 Percent
HELSINKI, Finland, Aug. 29, 2005 (PRIMEZONE) -- Metso Corporation has been informed about an increase in the holding of the mutual funds managed by J.P. Morgan Chase & Co. of the paid up share capital of Metso Corporation. On August 23, 2005, J.P. Morgan Chase & Co 's holdings amounted to 5.04 percent of the paid up share capital of Metso Corporation. The threshold of five percent was crossed on August 23, 2005 when J.P. Morgan Asset Management (UK) Limited acting as a discretionary investment manager for underlying funds purchased 111,706 Metso shares.