latest news releases from the newsroom
Delta Air Lines, Inc.
Delta Air Lines Receives Lender Approvals for Amendments to Debtor-In-Possession Credit Facility
ATLANTA, March 27, 2006 (PRIMEZONE) -- Delta Air Lines (Other OTC:DALRQ) today announced that it has received approval from the lenders of its $1.9 billion debtor-in-possession (DIP) credit facility to amend certain aspects of that facility. The amendments, among other things, will reduce Delta's interest rate on the three term loans making up this facility, resulting in annual savings of more than $30 million and will result in a reduction in the interest rate in Delta's post-petition financing from American Express Travel Related Services Company, Incorporated.
Taylor Woodrow Homes
Taylor Woodrow Homes Named Among the 'Global 100 Most Sustainable Corporations in the World'
IRVINE, Calif., March 27, 2006 (PRIMEZONE) -- Taylor Woodrow, a leading international homebuilder with nearly 40 communities in the Western Region, was recently named to the prestigious list of "Global 100 Most Sustainable Corporations in the World" for its performance in environmental, social and governance issues. Taylor Woodrow was the only homebuilder to meet the stringent requirements of this high honor in 2005, listed alongside some of the world's most recognizable brands including Bank of America, Intel, Nike, Coca-Cola and UPS.
Logicom Announces Closing of Financing and Share Exchange With Skin Shoes, Inc.
NEW YORK, March 27, 2006 (PRIMEZONE) -- Logicom Inc. (OTCBB:LGIM) is pleased to announce today that it has completed a share exchange with Skin Shoes, Inc. that was previously announced on November 7, 2005. The combined company will continue to operate under the name "Logicom Inc.," with the intention of changing the company name to "Skins Inc." in the near future, and will have its shares publicly quoted on the Over The Counter Bulletin Board (OTCBB). In connection with the share exchange, Logicom also completed an equity financing through a private placement of its common stock and stock purchase warrants for an aggregate amount of $2.52 million. At the closing of the share exchange, Logicom appointed new management and a new Board of Directors.
Budget Waste Inc.
Budget Waste Inc. Signs Letter of Intent With Oil Field Waste Hauling Company
CALGARY, Alberta, March 27, 2006 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), a premier roll-off waste hauling company in the Calgary area, signs a letter of intent with Recyc-Haul Waste Management Inc. (Recyc-Haul), an oil field waste hauling company providing waste hauling and recycling services to the Alberta Oil Fields. Recyc-Haul, in operation for over ten years, provides waste disposal and recycling services to oil and gas well sites and facilities for a number of large oil and gas companies. The potential merger will provide BWI with regional waste hauling presence and a diversified revenue stream in the lucrative oil and gas sector.