latest news releases from the newsroom
Evergreen International Aviation, Inc.
Evergreen International Aviation, Inc. Announces Closing of Purchase of its 12-Percent Senior Second Secured Notes Due 2010
McMINNVILLE, Ore., Nov. 2, 2006 (PRIMEZONE) -- Evergreen International Aviation, Inc. ("Evergreen") announced today that it closed its purchase of 97.99% of its outstanding 12% Senior Second Secured Notes Due 2010 (the "Notes") on October 31, 2006. Evergreen accepted the entire amount of Notes tendered pursuant to the tender offer and consent solicitation. Holders of the same amount of the Notes tendered also consented to the proposed amendments to the indenture governing the Notes. Evergreen simultaneously entered into a new Senior Secured Credit Facility, a portion of the proceeds of which were used to purchase the Notes. Evergreen believes the refinancing of the Notes will provide it with greater financial flexibility and promote future growth.
Fall Fix It With Jodi Marks, Co-Host of HGTV's 'Fix It Up'
RIDGEWOOD, N.J., Nov. 1, 2006 (PRIMEZONE) -- Americans spend more than $220 billion a year fixing up their homes, whether for beautification, safety, energy savings or simply extending living space. What better time than now to fix up the inside and outside of your home. There are many cost effective home improvement projects that will help you enjoy your home for many years to come.
Pomerantz Reminds Dell Inc. Investors of November 13 Deadline -- DELL
NEW YORK, Nov. 1, 2006 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) ("Pomerantz") reminds investors of Dell Inc. ("Dell" or the "Company") (NYSE:DELL) that November 13 is the deadline for shareholders who wish to ask the Court to appoint them as lead plaintiff. Pomerantz filed a class action in the United States District Court Western District of Texas, against the company and certain officers. The class action was filed on behalf of purchasers of the common stock of the Company during the period from February 13, 2003 through September 8, 2006, inclusive (the "Class Period"). The complaint alleges violations of Section 10(b) and Section 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder.
eNucleus, Inc. Announces Strategic Partnership With Axelnet, Inc.
VANCOUVER, Wash., Nov. 1, 2006 (PRIMEZONE) -- eNucleus, Inc. (Pink Sheets:ENUI) and Axelnet, Inc. announce a strategic partnership covering the eNucleus ProBooks Products in the eNucleus Alliance Partner Program. The strategic partnership gives Axelnet, Inc. exclusive national, and international, participation with eNucleus across both existing and new customers.
GulfMark Offshore, Inc.
GulfMark Offshore Reports Sharp Rise in Revenue and Net Income
HOUSTON, Nov. 1, 2006 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced record net income for both the third quarter and the nine months ending September 30, 2006. Net income for the third quarter was $39.9 million, or $1.91 per diluted share, including a $6.6 million gain on the sale of a vessel. Quarterly revenue of $75.8 million reached an all time high, exceeding the level set in the prior quarter. Operating income for the third quarter of $44.4 million was also a new record. When compared to the second quarter of 2006, net income more than tripled while revenues increased over thirty percent. The improvements were directly related to improved day rates and increased vessel utilization in both the North Sea and Southeast Asia regions. The previously announced sale of the Highland Patriot, a vessel which had been operating in our Southeast Asia Region, contributed $0.32 per diluted share to the record results. Excluding the gain on the sale of the vessel, net income would have been $33.3 million, or $1.59 per diluted share, nearly 2.5 times the previous high set in the second quarter of 2006.