latest news releases from the newsroom
Emulex 4Gb/s PCI-X HBAs Now Shipping in IBM BladeCenter
COSTA MESA, Calif., July 3, 2006 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX) today announced general availability of its Emulex LightPulse LP1105-BC dual-channel HBA for use in the IBM BladeCenter. The Emulex LP1105-BC (IBM part no. 39Y9186) is designed to work in Windows, Linux and AIX operating systems.
Crew Gold Corporation
Crew Signs Agreement With the Government of Guinea to Acquire the Remaining 15 Percent of SMD
LONDON, July 3, 2006 (PRIMEZONE) -- Crew Gold Corporation ("Crew" or the "Company") (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF) is pleased to announce that an agreement has been signed between Crew and the Government of Guinea whereby Crew will acquire the Government of Guinea's 15% stake in SMD for a total consideration of USD 30 million, consisting of USD 15 million cash and USD 15 million worth of Crew Gold shares. Crew welcomes The Republic of Guinea as a major share holder of Crew.
Chino Commercial Bank
Chino Commercial Bank, N. A. Completes Holding Company Reorganization
CHINO, Calif., July 3, 2006 (PRIMEZONE) -- Chino Commercial Bank, N.A., is pleased to announce that it has completed its reorganization into a holding company structure effective June 30, 2006. As a result of that reorganization, the Bank is now wholly-owned by Chino Commercial Bancorp. Under the plan of reorganization, stock certificates representing shares of common stock of the Bank now represent the right to receive an equal number of shares of the common stock of Chino Commercial Bancorp. Existing certificates for shares of the common stock of the Bank need not be exchanged for new certificates of Chino Commercial Bancorp. The holding company reorganization was completed in order to allow more alternatives for raising capital and access to debt markets as well as capital management, increase structural alternatives for acquisitions and increase flexibility with respect to engaging in non-banking activities.
Aquila Files Electric Rate Request With Missouri Public Service Commission
KANSAS CITY, Mo., July 3, 2006 (PRIMEZONE) -- Aquila, Inc. today filed a request with the Missouri Public Service Commission for electrical rate increases in the company's Missouri Public Service and St. Joseph Light & Power territories. Reasons for the request include increasing prices in the natural gas and coal markets, increased customer usage and continued customer growth. The request also proposes implementation of a fuel adjustment law passed in 2005 by the Missouri legislature.