latest news releases from the newsroom
Munn Named Assistant Vice President, Labor Relations At SYSCO
HOUSTON, Dec. 20, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY) announced today that Charles A. Munn has been named assistant vice president of labor relations. Mr. Munn, who is currently senior director of labor relations, will assume his new duties effective December 15, 2005. In his new role he will be responsible for SYSCO's union relations in North America and will provide support to the company's broadline and specialty operating companies as they remain Employers of Choice for all current and future associates.
Overseas Shipholding Group, Inc.
OSG's Panamax Joint Venture Changes Name to Panamax International
NEW YORK, Dec. 20, 2005 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that its joint venture with Sociedad Anonima de Navegacion Petrolera S.A. of Chile (SONAP) has changed its name to Panamax International. OSG entered the joint venture in 2005 through the acquisition of Stelmar Shipping Ltd. Together, SONAP and OSG jointly operate one of the largest and most modern Panamax tanker fleets in the world. The average age of the 14-vessel, double hull fleet is seven years compared to a world fleet average age of 12.1 years. The fleet trades crude oil and petroleum products in the Americas and the Caribbean.
California Procrastinators Can Comply Online with AB 1825
AUSTIN, Texas, Dec. 20, 2005 (PRIMEZONE) -- California's newly passed bill A.B. 1825 requires every company employing 50 people or more to give sexual harassment prevention training to all supervisors by January of 2006. No doubt business owners and contractors who haven't yet complied feel that date creeping closer and closer every day.
NFJ Dividend, Interest & Premium Strategy Fund
NFJ Dividend, Interest & Premium Strategy Fund Declares Quarterly Dividend of 52.5 Cents Per Share Plus a Special Dividend of 7.5 Cents Per Share
NEW YORK, Dec. 20, 2005 (PRIMEZONE) -- The Board of Trustees of NFJ Dividend, Interest & Premium Strategy Fund (the "Fund") (NYSE:NFJ) announced today that it has declared the Fund's quarterly dividend of $0.525 per share. At the Fund's initial offering price of $25.00 per share, this quarterly dividend rate represents an annualized distribution yield of 8.40%. In addition to the quarterly dividend, the Board of Trustees of the Fund declared a one-time special dividend of $0.075 per share. The quarterly and special dividends will be paid in one distribution in the amount of $0.60 per share. Please note that past performance is no guarantee of future results and future dividend amounts and distribution yields are not fixed and may be more or less than the current levels.
Delta Air Lines, Inc.
Delta Offers Military Personnel Reprieve From Travel Stress
ATLANTA, Dec. 20, 2005 (PRIMEZONE) -- For the 36th consecutive year, military personnel have a number of places to call their own during this busy holiday season. The Delta Air Lines Military Lounge, for active and retired military and their families, is now operational at Atlanta Hartsfield Jackson International Airport, and Delta has opened its Crown Room Clubs(r) to active U.S. military personnel on leave during the holidays.