latest news releases from the newsroom
Industrial Enterprises of America, Inc.
Industrial Enterprises of America Announces Share Repurchase Program
NEW YORK, Dec. 11, 2006 (PRIME NEWSWIRE) -- Industrial Enterprises of America, Inc. (OTCBB:IEAM) a specialty automotive aftermarket supplier, today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its common stock and equity-related securities, including convertible debentures and warrants, over the next nine months. The Company plans to utilize existing cash reserves and ongoing free cash flow to finance the share repurchases.
Delta Air Lines, Inc.
Delta Rounds Out Year of International Expansion in New York With Nonstop Flights to Africa
NEW YORK, Dec. 11, 2006 (PRIME NEWSWIRE) -- Delta Air Lines - New York City's leading international airline - is rounding out a successful year of international expansion from its New York-JFK hub with the introduction of the city's only nonstop flights to Africa to be operated by a major U.S. carrier. With tonight's addition of nonstop flights to Accra, Ghana, Delta will serve 34 international destinations from JFK, including 14 new international routes added in 2006.
Frequency Electronics, Inc.
Frequency Electronics Announces Earnings Conference Call; Wednesday, December 13, 2006, At 11:30 AM ET
MITCHEL FIELD, N.Y., Dec. 11, 2006 (PRIME NEWSWIRE) -- Frequency Electronics, Inc. (Nasdaq:FEIM) will hold its quarterly conference call to discuss results for the second quarter of fiscal year 2007, ended October 31, 2006, on Wednesday, December 13, 2006, at 11:30 AM Eastern Time.
Vest Named Executive Vice President At Sysco Food Services of Kansas City
HOUSTON, Dec. 11, 2006 (PRIME NEWSWIRE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, announced today that Troy A. Vest has been named executive vice president of Sysco Food Services of Kansas City, Inc., a broadline foodservice distribution subsidiary that services customers in Kansas and Missouri. Mr. Vest has served most recently as senior vice president of this operation and will assume his new position effective January 1, 2007.
The Jordan Company L.P.
The Jordan Company's Wound Care Solutions Acquires Curative Wound Care Centers
NEW YORK, Dec. 11, 2006 (PRIME NEWSWIRE) -- The Jordan Company, L.P. ("Jordan") announced that WCS Clinics, Inc. ("WCS Clinics"), a company formed by Jordan, Edgewater Capital, JZ Equity Partners and Bolder Capital in 2006, acquired approximately 100 wound care clinics from Critical Care Systems, Inc. (formerly known as "Curative") on November 30, 2006.
Renewable Energy Resources, Inc.
Internal Hydro International Chooses to Certify Known Electricity Production of Low Hydro Unit Before Shipment to Italy
TAMPA, Fla., Dec. 11, 2006 (PRIME NEWSWIRE) -- Internal Hydro International, Inc. (OTCBB:IHDR) (www.internalhydro.com) announced today that IHDR has chosen to certify electrical output of the Energy Commander V low impact hydro unit before the unit is shipped for production purposes in Italy. The electrical production was already displayed from running the generator through three months of runs, but was not measured during engineering studies. Given the unit's demonstrated electrical power output, IHDR's CEO has chosen to certify such output before shipment to the Company's Italian partner, Cm2. Certification of electricity production will be for purposes of pending sales and bids in placing the unit in environments where the unit would face the same flows it was exposed to for three months. The contracted entity responsible for design and production of the demonstrator unit chose to test mechanical forces instead of actual demonstrated electrical output through the generator.