latest news releases from the newsroom
Paragon Real Estate Equity and Investment Trust
Paragon Receives Decision From American Stock Exchange
CLEVELAND, Jan. 27, 2006 (PRIMEZONE) -- Paragon Real Estate Equity and Investment Trust (AMEX:PRG) received the decision of the American Stock Exchange to delist Paragon's common shares due to the company not being in compliance with continuing listing standards of the exchange. Specifically, the company is not in compliance with the requirements of Section 1003 of the exchange's Company Guide, which require companies to maintain shareholders' equity of between $2 million and $6 million, and Paragon's common shares have been selling at a lower price per share than the exchange's requirements.
Aquila Allowed More Time to Obtain Additional Regulatory Approval for South Harper Peaking Facility
KANSAS CITY, Mo., Jan. 27, 2006 (PRIMEZONE) -- Aquila, Inc. (NYSE:ILA) announced today that it has been granted a four-month stay of an earlier injunction ordering it to dismantle its South Harper Peaking Facility and Peculiar Substation so that it can work with the Missouri Public Service Commission to obtain the necessary approvals for the facilities. After a hearing before Judge Joseph Dandurand, Cass County Circuit Court, the following additional orders were issued:
Law Office of Joseph P. Garland
Trico Bankruptcy Confirmation Revocation Complaint: Court's Dismissal of Complaint Seeking Revocation of Bankruptcy Confirmation Held in Abeyance
NEW YORK, Jan. 27, 2006 (PRIMEZONE) -- On January 21, 2005, the United States Bankruptcy Court for the Southern District of New York, approved the plan of reorganization of Trico Marine Services, Inc. ( (Nasdaq:TRMA) (stock), TRMAW (warrants), TRMAZ (warrants) ) and related companies ("Trico"). The bankruptcy case number is 04-17985-smb, and was pending before Chief Bankruptcy Judge Stuart M. Bernstein. The plan of reorganization became effective on or about March 15, 2005, at which time Trico emerged from bankruptcy.
Turnaround Partners, Inc.
Hecla Mining CEO Phil Baker to Appear on `Corporate Strategies with Tim Connolly' Sunday, January 29, 2006 at 9:00 pm EST
HOUSTON, Jan. 27, 2006 (PRIMEZONE) -- Hecla Mining (NYSE:HL) (Hecla Mining) CEO Phil Baker to appear Sunday, January 29, 2006 at 9:00 pm EST on "Corporate Strategies with Tim Connolly". Mr. Baker will be discussing the price of silver at its highest since 1984. Additionally Powder River Basin Gas Corp (OTCBB:PRVB) CEO Brian Fox will also appear on "Corporate Strategies with Tim Connolly". Previous guests of the show have included U.S. Senator John McCain, ChangeWave Research's Bryan Perry, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. Emerge Capital Corp. (OTCBB:EMGC) is the lead sponsor of The Corporate Strategies Business Talk Radio Show which may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.