latest news releases from the newsroom
Overseas Shipholding Group, Inc.
OSG Announces Dividend
NEW YORK, April 12, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader providing global energy transportation services, today declared a regular quarterly dividend of 25 cents per share on the common stock outstanding, payable on May 31, 2006 to stockholders of record on May 12, 2006. The 25 cent per share dividend represents an increase of 43 percent from the 17.5 cent per share dividend previously paid, and is a result of the Board of Directors' confidence in the Company's future. OSG has paid a quarterly dividend since 1974 and the dividend was last increased in June 2003.
SmartPros and The Network of Trial Law Firms Launch Online Professional Education Center for Continuing Legal Education Market
HAWTHORNE, N.Y., April 12, 2006 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED), a leader in the field of accredited professional education and corporate training, and The Network of Trial Law Firms, Inc. (TRIAL.com(r)), a not-for-profit association of 27 leading trial and litigation law firms, today announced the release of a new online Professional Education Center and Learning Management System (LMS) to support The Network's Continuing Legal Education (CLE) efforts. The system is a prototype for state-of-the-art delivery of streaming video CLE in the broader legal industry.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Corp. Announces First Quarter Dividend
NEW YORK, April 12, 2006 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) today announced that its Board of Directors has declared a cash dividend of $0.30 per share of common stock, payable with respect to the quarter ended March 31, 2006. The dividend represents an increase of 11% from the dividend of $0.27 per share paid in the prior quarter and an increase of 100% from the dividend of $0.15 per share paid in the prior year quarter. The dividend is expected to be paid on April 26, 2006 to shareholders of record as of the close of business on April 19, 2006.
Medicis Pharmaceutical Corporation
Medicis Announces Two Patents Issued for LOPROX Gel
SCOTTSDALE, Ariz., April 12, 2006 (PRIMEZONE) -- Medicis (NYSE:MRX) today announced that the United States Patent and Trademark Office has issued two U.S. Patents relating to LOPROX(R) Gel (0.77% ciclopirox). U.S. Patent No. 7,018,656 covers the LOPROX(R) Gel composition. U.S. Patent No. 7,026,337 covers the use of LOPROX(R) Gel in the treatment of dermatomycoses, such as tinea pedis and tinea corporis. LOPROX(R) Gel is an anti-fungal indicated for the topical treatment of tinea pedis and tinea corporis. The efficacy and safety of LOPROX(R) Gel in pediatric patients below the age of 16 years have not been established. Both of these newly issued patents are exclusively licensed to Medicis, and expire in 2018. Patent applications are pending for other forms of LOPROX(R).
Verb Ballets Celebrates Cleveland Composers at The Cleveland Play House on May 18 and 19
CLEVELAND, April 12, 2006 (PRIMEZONE) -- Verb Ballets, Cleveland's National Repertory Dance Company, makes its debut at The Cleveland Play House on Thursday, May 18 and Friday, May 19 with a program of dances set to works by Cleveland composers: Eric Ziolek, Jonathan Sheffer and Klaus G. Roy. All dances are choreographed by Verb's Artistic Director Hernando Cortez, including a world premiere set to music by Klaus G. Roy, formerly with The Cleveland Orchestra. Tickets for FusionFest, a celebration of the performing arts, are on sale now and may be purchased by calling The Cleveland Play House at 216-795-7000 or clevelandplayhouse.com. Tickets are $35 and $45. Use code 'FEST' when ordering to receive $5 off on your ticket!
E Mobile Information Technologies, Inc.
E Mobile Subsidiary Acquires Spirit Rent-A-Car, Inc.
FORT LAUDERDALE, Fla., April 12, 2006 (PRIMEZONE) -- E Mobile Technologies (Pink Sheets:EMTK) today announced that its subsidiary, Best Rate Travel USA, Inc., acquired Spirit Rent-A-Car, Inc. to service leisure, business and local customers in the thriving South Florida tourist market.