latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Details BAMS Airframe Risk Reduction Element
WASHINGTON, June 8, 2007 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has unveiled the airframe risk reduction element of its Broad Area Maritime Surveillance (BAMS) offer to the U.S. Navy. Centered on airframe altitude agility, the program is supported with full-scale risk reduction testing of the RQ-4N airframe prior to contract award.
Immunomedics to Present At the Sixth Annual Needham Biotechnology and Medical Technology Conference
MORRIS PLAINS, N.J., June 8, 2007 (PRIME NEWSWIRE) -- Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company focused on developing monoclonal antibodies to treat cancer and other serious diseases, today announced that Gerard G. Gorman, Senior Vice President, Finance and Business Development, and Chief Financial Officer, will provide a corporate overview at the 6th Annual Needham Biotechnology and Medical Technology Conference on June 13 and 14, 2007 in New York, NY. The presentation, scheduled on Thursday, June 14, 2007 at 8:00 a.m. Eastern Time, can be downloaded simultaneously at http://www.immunomedics.com/1aboutus/present.pdf.
The Children's Place Retail Stores, Inc.
The Children's Place Retail Stores, Inc. Announces Agreement With The Walt Disney Company
SECAUCUS, N.J., June 8, 2007 (PRIME NEWSWIRE) -- The Children's Place Retail Stores, Inc. (Nasdaq:PLCE) announced today that it has executed a letter agreement with a subsidiary of The Walt Disney Company (Disney) to resolve assertions by Disney that the Company committed numerous material breaches of its long-term license agreement under which the Company operates the Disney Store retail chain in North America. This letter agreement, which modifies and supplements the license agreement, represents the conclusion of several months of previously disclosed discussions that have been ongoing between the companies.