latest news releases from the newsroom
Enbridge Energy Partners, L.P.
Enbridge Energy Partners to Present At Credit Suisse 2008 Energy Summit
HOUSTON, Feb. 4, 2008 (PRIME NEWSWIRE) -- Enbridge Energy Partners, L.P. (NYSE:EEP) will be a presenter at the Credit Suisse 2008 Energy Summit in Vail, Colorado. Terry McGill, president of the general partner and of the management company, will present an overview of the Partnership's strategy and growth opportunities commencing at approximately 12:55 p.m. Mountain Time on Wednesday, February 6, 2008.
Hutchinson Technology Announces Share Repurchase Program
HUTCHINSON, Minn., Feb. 4, 2008 (PRIME NEWSWIRE) -- Hutchinson Technology Incorporated (Nasdaq:HTCH) today announced that its Board of Directors has approved a share repurchase program authorizing the company to spend up to $130 million to repurchase shares of its common stock. The repurchase of the common stock may be made from time to time in the open market or through privately negotiated transactions. The amount and timing of any purchases will be determined by the company's management based on its evaluation of market conditions, share price and other factors. The purchases will be funded from available cash.
CDMA Development Group
CDMA Device Test and Certification Processes Converge
COSTA MESA, Calif., Feb. 4, 2008 (PRIME NEWSWIRE) -- The CDMA Development Group (CDG) (www.cdg.org) today announced the transfer of the CDG's System Test Team (STT) work and documents to the CDMA Certification Forum (CCF) as part of an effort to provide the CDMA2000(r) industry with a single, streamlined global device certification process. The consolidated process will allow vendors to achieve new economies of scale and deliver products faster when qualifying a device for multiple markets or for multiple operators within a single market. The new process will be available this year.
Penwest Pharmaceuticals Co.
Penwest Announces Results of Phase IIa Clinical Study of Nalbuphine ER
DANBURY, Conn., Feb. 4, 2008 (PRIME NEWSWIRE) -- Penwest Pharmaceuticals Co. (Nasdaq:PPCO) today reported results from the Company's Phase IIa clinical trial evaluating nalbuphine hydrochloride extended release tablets (nalbuphine ER), a product Penwest is developing for the treatment of moderate chronic pain. The Company has concluded that the results of this study showed efficacy sufficient to support its continued development of the drug, and it plans to conduct a Phase IIb trial commencing in the second half of this year.
Equity Media Holdings Corporation
RTN Adds Affiliate in Wichita/Hutchinson
LITTLE ROCK, Ark., Feb. 4, 2008 (PRIME NEWSWIRE) -- Retro Television Network (RTN), which is owned and distributed by Equity Media Holdings Corporation (Nasdaq:EMDA), announced today that it will launch an RTN affiliate in Wichita/Hutchinson, KS. The network will begin airing in the second quarter of this year on KGPT, a Great Plains Television Network station.
FuelCell Energy, Inc.
FuelCell Energy Appoints New Director to Its Board
DANBURY, Conn., Feb. 4, 2008 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency ultra-clean power plants using a variety of fuels for commercial, industrial and utility customers, today named Togo Dennis West, Jr., 65, Chairman of the Board of Noblis, Inc. and of TLI Leadership Group, to its Board of Directors.