latest news releases from the newsroom
Quality Stocks Report: Penny Stock Trading Alerts
SCOTTSDALE, Ariz., July 12, 2006 (PRIMEZONE) -- Blackout Media Corp. (Pink Sheets:BKMP), Nexia Holdings, Inc. (OTCBB:NEXH), Reese Corp. (OTCBB:RESE), and China Direct Trading Corp. (OTCBB:CHDT) are all recent winning recommendations from online investment newsletters.
Abrams Hospitality Marketing
FlylinkTravel.com Provides One-Stop Comparison Shopping and Online Booking for Major Car Rental Companies Worldwide
CHICAGO, July 12, 2006 (PRIMEZONE) -- Flylink Travel, www.flylinktravel.com, is the buzz of travelers shopping for the best car rental deals globally, according to travel expert and host of nationally syndicated radio shows, Stephanie Abrams. "Name the destinations worldwide where you want to rent a car and you'll find all the recognized brands displayed in seconds to compare cars, prices and services efficiently to make your car reservation on the spot!" Abrams states. "Flylink Travel's website is the traveler's best friend and should be bookmarked as a favorite on every traveler's computer!"
Arkados Inc. CEO to Present at HomePlug Executive Seminar in Tokyo, Japan
PISCATAWAY, N.J., July 11, 2006 (PRIMEZONE) -- Oleg Logvinov, President and CEO of Arkados Inc., a wholly owned subsidiary of CDKnet.com (OTCBB:CDKN), is joining with leaders from Conexant, Intel, Intellon, and Radio Shack to address how HomePlug powerline communication standards can be incorporated into exciting products for the growing connected home marketplace. The team at Arkados, a wholly owned subsidiary of CDKnet.com (OTCBB:CDKN), has been active within the HomePlug Powerline Alliance since its inception.
Blum & Silver
Notice to All JLS Financial Investment Corporation Customers Who Purchased Bonds Through the Brokerage Firm of JLS Financial and Jamie Solow
CORAL SPRINGS, Fla., July 11, 2006 (PRIMEZONE) -- The Securities Law Firm, Blum & Silver, LLP (http://www.stockattorneys.com), announced today that it has filed an arbitration before the National Association of Securities Dealers, Inc. ("NASD"), Case No. 2006-02464 on behalf of a former JLS customer for an unsuitable trading strategy regarding bonds and specifically, inverse floater traunches of CMO's which resulted in large losses. The claim seeks compensatory damages directly related to the unsuitable use of leverage and misconduct through the firm's proprietary trading activity in the CMO's through Samco Financial Services, a division of Penson Financial Services, Inc. now known as Penson Worldwide, Inc. (Nasdaq:PNSN).
AMERCO / U-Haul
SEC Terminates Investigation of AMERCO
RENO, Nev., July 11, 2006 (PRIMEZONE) -- AMERCO (Nasdaq:UHAL) announced today that the Securities and Exchange Commission (SEC) had terminated its investigation with regard to the Company and recommended that no enforcement action be taken against the Company.
Toll Brothers, Inc.
REVISED: Toll Brothers' Website to Broadcast its August 9, 2006 'Third Quarter 2006 Outlook' Conference Call Live
HORSHAM, Pa., July 11, 2006 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its preliminary results and outlook for its third quarter and fiscal year 2006. The event is now scheduled for 2:00 p.m. (EDT) on Wednesday, August 9, 2006. It will follow announcement of the Company's third quarter 2006 preliminary results for home building revenues, contracts and backlog before the market opens on Wednesday, August 9, 2006. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer. NOTE -- This revises the previously announced date of August 8, 2006, which conflicted with the meeting of the Federal Open Market Committee of the Federal Reserve Board on August 8, 2006.
Crown Crafts, Inc.
Crown Crafts, Inc. Announces Debt Refinancing and Extinguishment of Lender Warrants and Certain Contingently Issuable Shares
GONZALES, La., July 11, 2006 (PRIMEZONE) -- Crown Crafts, Inc. ("Crown Crafts" or the "Company") (OTCBB:CRWS) today announced that it has completed a successful refinancing of its corporate credit facilities. The new financing package, secured through CIT Group/Commercial Services, Inc., substantially reduces the Company's total debt and its cost of funds and, importantly, extinguishes all of the warrants that were exercisable by its lenders and certain shares that were issuable to management upon the exercise of such warrants, which together represented more than 70 percent of the Company's equity.