latest news releases from the newsroom
United Online, Inc.
United Online to Present at Upcoming Investor Conferences
WOODLAND HILLS, Calif., March 1, 2007 (PRIME NEWSWIRE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet and media services, today announced that Mark R. Goldston, the company's chairman and chief executive officer, and Charles S. Hilliard, the company's president and chief financial officer, will present at the following investor conferences in March 2007:
Beacon's Fixed Annuity Premium Study Reports Fourth Quarter's Fixed Annuity Sales
EVANSTON, Ill., March 1, 2007 (PRIME NEWSWIRE) -- U.S. sales of fixed annuities fell to an estimated $16.5 billion in fourth quarter, 2006, a decrease of 15.7% from the previous quarter (1) and 1.1% from fourth quarter, 2005. On a calendar year basis, estimated sales of $70.9 billion were 3.3% below 2005, according to new data from the Beacon Research Fixed Annuity Premium Study based on sales of 48 insurance companies. By product type, estimated annual sales in 2006 were: book value (2) -- $30.2 billion, indexed -- $25 billion, market value-adjusted (MVA) -- $9.6 billion, and immediate -- $6.1 billion. These estimates reflect declines in all product types except MVA annuities, which grew 71.3%. However, estimated sales of these products decreased 21.7% from the prior quarter.
RHNMedia CEO Responds to False Statements
WASHINGTON, March 1, 2007 (PRIME NEWSWIRE) -- Real Hip Hop Network CEO Atonn Muhammad today responds to a recent press release which presented information on RHNMedia (Pink Sheets:RHNA) that is factually and materially incorrect. The press release, put out by RMD Entertainment, states that RHN has been acquired by RMD Entertainment. This statement is completely false. RHN is and continues to be under the leadership of Atonn Muhammad who is also the majority shareholder in the company. Mr. Muhammad has not nor does he have any intention of resigning from the company he has led since its inception.
Dail Named President and CEO of Sysco Food Services of Knoxville
HOUSTON, March 1, 2007 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY) North America's largest foodservice marketer and distributor, announced today that James T. (Tommy) Dail has been named president and chief executive officer of Sysco Food Services of Knoxville, LLC, a new "fold-out" facility that is currently under construction in Knoxville, TN. Mr. Dail served most recently as executive development officer, SYSCO Corporation, and will assume his new position effective July 1, 2007.