latest news releases from the newsroom
Wolverine Tube Inc.
Wolverine Tube Schedules Third Quarter 2005 Earnings Conference Call
HUNTSVILLE, Ala., Oct. 27, 2005 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) today announced that it plans to report earnings for the third quarter ended October 2, 2005 on Tuesday, November 1, 2005. A news release and supporting financial data will be released to the news wire services and the New York Stock Exchange before the market opens, and a conference call will be held at 9:30 a.m. Central (10:30 a.m. Eastern), November 1, 2005. The full text of the earnings news release and supporting financial data will be available prior to the start of this call on the Company's website, http://www.wlv.com, in the Investor Relations section under the "Press Releases" link.
Industrieholding Cham: Margins in Speciality Paper Under Pressure
CHAM, Switzerland, Oct. 27, 2005 (PRIMEZONE) -- In the first nine months of the current year, Industrieholding Cham (IC) generated consolidated net revenue of CHF 318.6 million (previous year CHF 330.3 million). Excluding revenue from the already divested wallpaper base business of the Cham Paper Group, this represents growth in net revenue of 2%.
Northrop Grumman Corp.
Northrop Grumman Delivers Key Hardware to Lockheed Martin for New Missile-Warning Spacecraft
WOODLAND HILLS, Calif., Oct. 27, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) has delivered the final laser-gyro reference systems for the U.S. Air Force's Space Based Infrared System (SBIRS) program to prime contractor Lockheed Martin Corporation (NYSE:LMT). Called the Common Gyro Reference Assembly (CGRA), the system provides precision pointing information to the payload instruments, which enables the SBIRS spacecraft to accomplish its mission.
General Payment Systems, Inc.
Pacific Financial Solutions Completes $2,000,000 Acquisition
LODI, Calif., Oct. 27, 2005 (PRIMEZONE) -- Pacific Financial Solutions, Inc. (Pink Sheets:PFUO), a leader in providing cashless ATM and wireless POS devices, merchant processing, and prepaid stored-value cards, utilizing Pacific's Point-of-Banking (PBT) terminal technology, announced today the integration of the asset purchase of over 500 Washington, Oregon, Idaho and Montana independent payphone locations. This acquisition will add an increase in EBITDA of approximately $200,000.00.
Dialysis Corporation of America
Dialysis Corporation of America Announces New $15 Million Credit Facility
LINTHICUM, Md., Oct. 27, 2005 (PRIMEZONE) -- Dialysis Corporation of America (Nasdaq:DCAI) announced today that it entered into a secured revolving credit facility for up to $15,000,000 with Keybank National Association ("Keybank"). The three-year agreement provides for the drawing down of principal amounts under the credit facility of either base rate or LIBOR loans, or a combination of the two, as the company so chooses. Interest on base rate loans is based upon the greater of Keybank's prime rate or .5% in excess of the federal funds effective rate. Interest on LIBOR loans is based on certain basis points plus the London InterBank Offered Rate (LIBOR).