latest news releases from the newsroom
SYSCO's FreshPoint Subsidiary Acquires A-One-A Produce & Dairy, Inc.
HOUSTON, Dec. 22, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY) today announced that its FreshPoint produce subsidiary has acquired A-One-A Produce & Dairy, Inc., the largest fresh produce distributor in South Florida. The company also announced that its FreshPoint subsidiary has entered into a definitive agreement to acquire Incredible Fresh Produce, a distributor of fresh produce servicing southwest Florida. Terms of the transactions, which are the fourth and fifth acquisitions announced by FreshPoint in 2005, were not disclosed.
Budget Waste Inc.
Budget Waste Inc., BWI, Signs Letter of Intent with Rural Residential Waste Collection Company
CALGARY, Alberta, Dec. 22, 2005 (PRIMEZONE) -- BWI (Pink Sheets:BDWT), Calgary, the area's largest local roll-off waste hauling company, signed a letter of intent with one of the largest rural residential waste collection company in the Calgary area. In operation for over 12 years, the rural waste collection company has provided rural residential waste collection and small bin waste hauling to the Calgary area. The pending merger will increase BWI's presence in the residential collection market and enable BWI to expand our roll off bin fleet and services.
WCA Waste Corporation
WCA Waste Corporation Announces an Increase in Availability Under Its Credit Agreement and the Accelerated Vesting of Stock Options
HOUSTON, Dec. 22, 2005 (PRIMEZONE) -- WCA Waste Corporation (Nasdaq:WCAA) today announced that WCA Waste Systems, Inc., the primary operating subsidiary of WCA, exercised the accordion feature provision to increase the capacity of the revolving line of credit under its First Lien Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, Comerica Bank, as syndication agent, and the lenders party thereto. As a result, the available capacity increased by $25 million from $29.4 million to $54.4 million.
Delta Air Lines, Inc.
Court Enters Order Restricting Trading in Equity and Debt of Delta Air Lines, Inc. and Affiliates
ATLANTA, Dec. 22, 2005 (PRIMEZONE) -- The United States Bankruptcy Court for the Southern District of New York has entered an order that imposes substantial restrictions on trading in equity interests in and debt claims against Delta Air Lines, Inc. and affiliates. A copy of the order may be found at the following Internet address: www.deltadocket.com; questions regarding the order may be directed to representatives of the debtors at the following telephone number: 212-450-4423. The case number for the bankruptcy Action is 05-17923 (PCB).
PlanetLink Communications Inc.
PlanetTRAKS Issues the December 2005 Newsletter
CUMMINGS, Ga., Dec. 22, 2005 (PRIMEZONE) -- PlanetLink Communications, Inc. (OTCBB:PLKC), a provider of satellite-based products and services, announced today that it has issued its December newsletter. The purpose of the newsletter is to update shareholders regarding operations of the Company and the Annual Shareholders Meeting held on December 16, 2005. Investors may visit the Company's website at www.planettraks.com/newsletters.htm for a full copy of the newsletter.
SmallCap Sentinel: Potential Hoarding Could Spark Heightened Interest in Uranium
IRVINE, Calif., Dec. 22, 2005 (PRIMEZONE) -- "Uranium prices could skyrocket if nuclear power producing entities, which rely on uranium, begin to hoard the metal," said SmallCap Sentinel analyst, D.R. Clark. "It's a very small part of their operational expense, so they can't afford not to have it, lending credence to a theory that power plants might begin to make major moves on the metal. Leading metal minds Paul van Eeden and James Dines have echoed similar sentiments with Dines tilting toward the possibility of a run on the vital metal.