latest news releases from the newsroom
Sun New Media Inc.
Sun New Media to Acquire Leading Asian e-Publisher and Rights Holder
DIAMOND BAR, Calif., Jan. 4, 2006 (PRIMEZONE) -- Sun New Media Inc. (OTCBB:SNMD) ("SNMI") today announced an agreement to acquire 100% controlling interest in Magzone Asia Pte. Ltd. ("Magzone"). Magzone is a leading producer of digital conversion and distribution technologies for print publishers and holds the e-publishing distribution rights for 647 publications in the People's Republic of China. The acquisition will allow SNMI to significantly enhance the technological back-end of its e-publishing platform, introduce innovative new e-publishing formats to the China market, and bring a wealth of new content into its proprietary distribution network.
365 Main, Inc.
Esurance Joins 365 Main in San Francisco
SAN FRANCISCO, Jan. 4, 2006 (PRIMEZONE) -- San Francisco-based Esurance, a direct-to-customer auto insurance company, announced that it has selected 365 Main to be its Mission Critical partner as it expands its brand throughout the country.
Murray, Frank & Sailer LLP
Investor Notice: Murray, Frank & Sailer LLP has Filed a Shareholder Class Action Against FARO Technologies, Inc. -- FARO
NEW YORK, Jan. 4, 2006 (PRIMEZONE) -- Murray, Frank & Sailer LLP has filed a class action lawsuit in the United States District Court for the Middle District of Florida on behalf of shareholders who purchased or otherwise acquired the securities of FARO Technologies, Inc. ("FARO" or the "Company") (Nasdaq:FARO) between May 6, 2004 and November 3, 2005, inclusive (the "Class Period"). FARO, Simon Raab, Gregory A. Fraser, and Barbara R. Smith are named as defendants.
New Crisis for U.S. Utilities: Uranium Supply Crunch Coming
SARASOTA, Fla., Jan. 4, 2006 (PRIMEZONE) -- Research analyst Kevin Bambrough for North America's top-ranked money management firm, Sprott Asset Management, predicts a major crisis ahead for U.S. utilities hoping to obtain fuel for their nuclear reactors, especially for those proposing new reactors. "The supply is just not there," warned Bambrough in a recently published interview appearing in StockInterview.com. "For people who want to bring on new facilities and contract for it (uranium), it's very difficult to do that," Bambrough advised utilities, "You have to go to mines that are not even there yet in order to try and contract supply."
ALCO Stores, Inc.
Duckwall-ALCO Stores Reports December Sales Increase of 8.4 Percent
ABILENE, Kan., Jan. 4, 2006 (PRIMEZONE) -- Duckwall-ALCO Stores, Inc. (Nasdaq:DUCK) today announced that its sales from continuing operations for the five weeks ended January 1, 2006 (fiscal month of December) increased approximately 8.4% to $62.8 million, compared with $58.0 million in the prior-year month and same-store sales increased 4.6%. The 20 stores previously announced as closing, along with other stores where the decision has been made to close them, are excluded from sales from continuing operations.
Neoware to Present at Needham & Company Growth Conference
KING OF PRUSSIA, Pa., Jan. 4, 2006 (PRIMEZONE) -- Neoware, Inc. (Nasdaq:NWRE), the leading supplier of enterprise thin client solutions, and related software and services that make computing more open, secure, reliable, affordable, and manageable, today announced that the Company will present at the Needham & Company, LLC Growth Conference.