latest news releases from the newsroom
Cornell Companies, Inc.
Cornell Companies to Release Second-Quarter Financial Results on Tuesday, August 9, 2005
HOUSTON, Aug. 2, 2005 (PRIMEZONE) -- Cornell Companies, Inc. (NYSE:CRN), a leading provider of privatized adult and juvenile correctional, treatment and educational services, will release second-quarter financial results on Tuesday, August 9 before the New York Stock Exchange trading day begins. The Company will host a conference call and audio webcast shortly afterwards at 10 a.m. CDT to discuss the financial results and provide a Company update.
WorldWater & Solar Technologies
WorldWater & Power Corp. Names James S. Brown EVP - Chief Operating Officer
PENNINGTON, N.J., Aug. 2, 2005 (PRIMEZONE) -- WorldWater & Power Corporation (OTCBB:WWAT), developer of proprietary high-powered solar energy systems, announces that James S. Brown, Vice President - Chief Financial Officer, has been promoted to Executive Vice President and Chief Operating Officer, effective immediately. He will continue to maintain his CFO position and responsibilities, and will report to Quentin T. Kelly, Chairman and CEO.
Wolverine Tube Inc.
Wolverine Tube Reports Second Quarter Loss
HUNTSVILLE, Ala., Aug. 2, 2005 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) today reported results for the second quarter and six months ended July 3, 2005. The net loss for the second quarter of 2005 was $5.7 million or $0.38 per diluted share, versus income from continuing operations of $3.3 million, or $0.25 per diluted share in the second quarter of 2004. Net sales for the second quarter of 2005 were $196.3 million, an 8.3 percent decrease over the second quarter 2004 net sales of $214.1 million. The decrease in net sales is primarily attributable to the impact of record high copper prices on our wholesale segment, sharply reduced demand from certain of our HVAC customers, and the impact of the strike at the Company's Montreal facility. Total pounds of product shipped during the quarter were 74.0 million pounds, a decrease of 19.0 percent from last year's second quarter of 91.4 million pounds. COMEX copper prices averaged $1.53 per pound in the second quarter of 2005 as compared to $1.23 per pound in the comparable quarter of 2004. Gross profit for the second quarter of 2005 was $5.7 million as compared to gross profit of $21.6 million in the second quarter of 2004. Results for the first half of 2005 are outlined in the accompanying tables.
Idaho Independent Bank
Idaho Independent Bank Opens Branch in Star Idaho
BOISE, Idaho, Aug. 2, 2005 (PRIMEZONE) -- Kurt R. Gustavel, President of Idaho Independent Bank (IIB) (OTCBB:IIBK), announced today that the Bank has opened a branch in Star, Idaho. The office is located at the corner of Star Road and State Street in the Idaho Independent Bank Plaza. Star is IIB's seventh branch in the Treasure Valley and tenth branch statewide.
Anywhere MD, Inc.
Anywhere MD Inc. to Announce Positive Second Quarter Results August 10th, 2005
ATASCADERO, Calif., Aug. 2, 2005 (PRIMEZONE) -- Anywhere MD Inc. (Pink Sheets:ANWM) to announce positive second quarter results August 10th, 2005. The company feels it is important to keep its shareholders and potential shareholders abreast of current events in a timely manner. In other news, the company has retained the services of SmallCapVoice.com to represent the company to help enhance the company's exposure to the equity market and for increased shareholder exposure.
XsunX, Inc. Adds Key Development Capabilities to Enhance Solar Technology Manufacturing
ALISO VIEJO, Calif., Aug. 2, 2005 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, announced today that its Phase III development program is set to expand R&D capabilities through the addition of new laser development equipment, necessary in the development of key licensable manufacturing techniques.
Complete Care Medical, Inc.
Complete Care Medical, Inc. Announces Agreement Between Diabetes Gold, Inc. and Alliance HealthCard, Inc.
HOUSTON, Aug. 2, 2005 (PRIMEZONE) -- Complete Care Medical, Inc. (Pink Sheets:CCMI) is pleased to announce that its wholly owned subsidiary, Diabetes Gold, Inc., has entered into a Marketing Agreement with Alliance HealthCard, Inc., through which Diabetes Gold will become the preferred provider of diabetes supplies and services for all of the Alliance-sponsored health plans.