latest news releases from the newsroom
China Direct Trading Corp.
China Direct Signs Agreements To Acquire Controlling Interest in $20 Million Chinese Furniture Manufacturing Company
BEIJING, April 26, 2005 (PRIMEZONE) -- China Direct Trading Corporation (OTCBB:CHDT)("CHDT") signed an agreement today to acquire a 40% equity stake and majority board representation for Beijing Huawei Furniture Manufacture Co., Ltd. ("Huawei"), an 11-year-old premier Beijing manufacturer of quality commercial furniture with FY 2004 gross revenues of $16,000,000 and income of $1,500,000. The new joint venture (JV) will be called Beijing Huawei International Furniture Manufacturing Corporation Ltd., and CHDT will consolidate 40% of all financial data of Huawei, including revenues, assets, and income. CHDT was also presented by the auditors with an appraisal on the factory's assets of $13,000,000. Projected gross revenues for 2005 for the new joint venture are $20,000,000.
Capital Research Group, Inc
TheSUBWAY.com Announces its Stock Market Standouts List for Tuesday, April 26, 2005: CYAD, EBAY, ALTR, AAPL
WESTON, Fla., April 26, 2005 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: CyberAds Inc. (OTCBB:CYAD), eBay Inc. (Nasdaq:EBAY), Altera Corp. (Nasdaq:ALTR), Apple Computer Inc. (Nasdaq:AAPL).
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit against BearingPoint, Inc. -- BE
BALTIMORE, April 26, 2005 (PRIMEZONE) -- Law Offices of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of BearingPoint, Inc. (NYSE:BE) between August 14, 2003 and April 20, 2005, inclusive (the "Class Period").
Capital Research Group, Inc
Early Stock Market Alerts for Tuesday, April 26, 2005: CYAD, QCOM, MSFT, SEBL
WESTON, Fla., April 26, 2005 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Alerts List: CyberAds Inc. (OTCBB:CYAD), QUALCOMM Incorporated (Nasdaq:QCOM), Microsoft Corporation (Nasdaq: MSFTO), Siebel Systems Inc. (Nasdaq:SEBL).
Pappas Telecasting Companies
Pappas Telecasting Companies Promotes Mark Hodorowski to Corporate Director of Promotion
FRESNO, Calif., April 26, 2005 (PRIMEZONE) -- Pappas Telecasting Companies, the largest privately held, commercial television broadcast group in the United States, today announced that Mark Hodorowski, Creative Services Director of the company's Fresno Fox affiliate, KMPH-TV, has been promoted to the newly created position of Corporate Director of Promotion. The appointment is effective immediately. In his new position, Mr. Hodorowski will oversee the promotions departments of all of Pappas Telecasting's English-language television and radio stations. He will report to Howard H. Shrier, Senior Executive Vice President and Chief Operating Officer of the company's TV Stations Group.