latest news releases from the newsroom
Port of Houston Authority
PHA Applauds Delivery of $33.5 Million for Houston Ship Channel
HOUSTON, June 29, 2007 (PRIME NEWSWIRE) -- Through strong support of the Houston congressional delegation, the Port of Houston Authority (PHA), as the local government sponsor of the Houston-Galveston Navigational Ship Channel, received notice from Washington today that the Senate Appropriations Committee appropriated a total of $33.5 million in funding for the Houston Ship Channel. The U.S. Army Corps of Engineers' Galveston District will receive $16.3 million for general construction and $17.2 million for operations and maintenance.
MEDirect Latino, Inc.
MEDirect Latino Inc. Announces Board Changes
POMPANO BEACH, Fla., June 29, 2007 (PRIME NEWSWIRE) -- MEDirect Latino Inc. (Pink Sheets:MLTO), the first national provider of direct-to-consumer Medicare reimbursed medical products focused exclusively on chronic diseases afflicting the Hispanic community, today announced changes to the board of directors.
Crown Crafts, Inc.
Crown Crafts Forms Capital Committee
GONZALES, La., June 29, 2007 (PRIME NEWSWIRE) -- Crown Crafts, Inc. (Nasdaq:CRWS) (the "Company") announced today that its Board of Directors has formed a Capital Committee consisting of William T. Deyo, Chairman, E. Randall Chestnut, Steven E. Fox and Zenon S. Nie. The Committee is authorized to cause the Company to spend up to $6 million in the aggregate to repurchase from its stockholders shares of the outstanding Series A common stock of the Company between July 1, 2007 and July 1, 2008 and to determine the terms and conditions under which any such repurchases would be made.