latest news releases from the newsroom
Overseas Shipholding Group, Inc.
Overseas Shipholding Group, Inc. to Withdraw Pacific Stock Exchange Listing, Retains New York Stock Exchange Listing
NEW YORK, Dec. 6, 2006 (PRIME NEWSWIRE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader providing energy transportation services, today announced plans to withdraw the listing of its common stock from NYSE Arca, Inc., formerly the Pacific Stock Exchange. OSG's common stock will continue to be listed on the New York Stock Exchange ("NYSE").
Amelot Holdings, Inc.
Amelot Holdings, Inc.'s Division Amelot Commodities Group Takes Delivery of First Bio-Diesel Shipment in New England
CHEYENNE, Wyo., Dec. 6, 2006 (PRIME NEWSWIRE) -- Amelot Commodities Group (ACG), a division of Amelot Holdings, Inc. (Pink Sheets:AMHD), is pleased to announce that the Company will take delivery of its first rail car of bio-diesel into Boston, Massachusetts for distribution to various customers in the region. Amelot Commodities Groups' clients will take receipt of the environmentally friendly, renewable fuel product throughout the week for blending and distribution.
OrderPro Logistics' Subsidiary TransMex Logistics Begins Cross Border Quoting
TUCSON, Ariz., Dec. 6, 2006 (PRIME NEWSWIRE) -- OrderPro Logistics, Inc. (Pink Sheets:OPLO) announced today that its subsidiary, TransMex Logistics, has begun placing quotes to provide Mexican cross border logistic services to major manufacturers in the southwestern United States. Services will include, but not be limited to, inter-modal transportation, freight brokerage, warehousing, and freight monitoring.
The EcoPlus Alternative Fuel Requires No Farm-Raised Feedstock
CHARLOTTE, N.C., Dec. 6, 2006 (PRIME NEWSWIRE) -- EcoPlus, Inc. (Pink Sheets:ECPL) has confirmed that the alternative fuel product from the EcoPlus process requires no direct contribution from virgin vegetable fats or oils. This means that deployment of the EcoPlus process has no consequences in terms of deforestation, damaged watersheds, or reduced animal habitats resulting from land clearing for farming of feedstock oils for renewable energy sources. This is in contrast to widespread environmental damage noted in a front page Wall Street Journal article yesterday (December 5, 2006), which showcased the pervasive negative fallout from increased agricultural cultivation for biofuels usages.
Key Gold Corp.
Key Gold Acquires Interests in Uranium Properties in Argentina and Raises Private Equity
BOULDER, Colo., Dec. 6, 2006 (PRIME NEWSWIRE) -- Key Gold Corporation (OTCBB:KYGC) is pleased to announce that it has acquired from Somuncurah SRL, an Argentine entity, a four-year option to purchase certain uranium properties located in the province of La Rioja, Argentina, for an aggregate purchase price of approximately $3.6 million. The properties consist of seven groups of uranium exploration properties covering an aggregate area of 29,950 hectares. The properties are located in proximity with other exploration properties currently being explored by other companies or in proximity with properties previously claimed by the Argentine National Commission of Atomic Energy (C.N.E.A.).
HiEnergy Technologies, Inc.
HiEnergy Technologies and Bartlett Services Enter Into Teaming Agreement
IRVINE, Calif., Dec. 6, 2006 (PRIME NEWSWIRE) -- HiEnergy Technologies, Inc. (OTCBB:HIET), the homeland security industry leader in neutron-based diagnostic technology, announced today that it has entered into a teaming agreement with Bartlett Services, Inc., one of the nation's leading nuclear services company. Pursuant to the non-exclusive agreement, HiEnergy and Bartlett Services intend to identify and jointly bid for federal, state, and local government solicitations as well as jointly pursue business opportunities in which they may combine their complementary but unique industry experience and capabilities. The focus of the teaming activities will be on explosive detection and radiation safety, monitoring and screening in the sectors of mass transit security, port security, harbor security, and critical infrastructure protection, such as the nation's nuclear power plants.
Blyth, Inc. Comments on Full Year Fiscal 2007 and Fiscal Year 2008 Outlook
GREENWICH, Conn., Dec. 6, 2006 (PRIME NEWSWIRE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today commented on its outlook for fiscal year 2007 and expectations for fiscal year 2008. For fiscal year 2007, Earnings Per Share are expected to be a loss in the range of $2.50 to $2.60. This estimate includes the effect of a goodwill impairment charge of $0.65 per share recorded in the second quarter, an estimated $2.80 per share loss on the sale and discontinued operations of Blyth's European Wholesale businesses and restructuring charges in the North American Wholesale mass channel home fragrance business of approximately $0.30 to $0.35 per share. Excluding the effect of the aforementioned items, fiscal year 2007 Earnings Per Share are expected to range from $1.20 to $1.25. Cash flow from operations of approximately $80 million for the full fiscal year is anticipated. Capital spending of approximately $20 million is also expected for fiscal year 2007.