latest news releases from the newsroom
Overseas Shipholding Group, Inc.
Myles Itkin to Present at Bank of America Conference
NEW YORK--Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that Myles R. Itkin, Executive Vice President, Treasurer and Chief Financial Officer, will present at the Bank of America Smid Cap Conference at 8:50 a.m. ET on Wednesday, May 16, 2007. The conference will be held at the Four Seasons Hotel in Boston, Mass.
Timberline Resources Corporation
Timberline Reports $3.83-Million in Quarterly Revenue
COEUR D'ALENE, Idaho, May 15, 2007 (PRIME NEWSWIRE) -- Timberline Resources Corporation ("Timberline") (OTCBB:TBLC) today announced financial results for its fiscal second quarter, reporting record revenues of $3.83-million. All revenue was generated by Timberline's contract drilling subsidiary, Kettle Drilling, Inc. ("Kettle"), including Kettle's Mexican subsidiary, World Wide Exploration, S.A. de C.V. ("World Wide"). Net of business investments, exploration work, and financing activities, Timberline reported a second quarter loss of about $220,000.
SYSCO Board Approves DeLaney's Promotion to CFO Effective July 1, 2007
HOUSTON, May 15, 2007 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY) today announced that its Board of Directors approved the promotion of Bill DeLaney to executive vice president and chief financial officer (CFO), effective July 1, 2007. On December 11, 2006, the company announced that John Stubblefield, currently SYSCO's executive vice president and CFO had informed the company of his planned retirement, effective at the end of the company's fiscal year. Also in that news release, the company announced that Mr. DeLaney had been named senior vice president, financial reporting, and would assume Mr. Stubblefield's responsibilities upon his retirement and pending final Board approval.