latest news releases from the newsroom
Stolt-Nielsen S.A. Purchased 78,500 of its Common Shares
LONDON, May 19, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI) announces that Stolt-Nielsen Transportation Group Ltd. (SNTG), a 100% owned subsidiary of SNSA, purchased today 78,500 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 159.45 per share (approximately $26.11 at the current exchange rate). The shares were purchased in accordance with the repurchase program announced on August 25, 2005, authorizing Company to purchase up to $200 million worth of its Common Shares or related American Depositary Shares.
Reeves Telecom Limited Partnership
Reeves Telecom Limited Partnership Responds to Tender Offer for Its Limited Partnership Units
GLEN HEAD, N.Y., May 19, 2006 (PRIMEZONE) -- On May 3, 2006, Grace Property Management, Inc., the general partner of Reeves Telecom Limited Partnership (the "Partnership"), learned of an unsolicited tender offer by MPF-NY 2005, LLC; SCM Special Fund, LLC; MPF Flagship Fund 10, LLC; and MPF DEWAAY Premier Fund 3, LLC (collectively, the "Offerors") to purchase any and all partnership units outstanding at a price of $0.50 cash per Unit, less any distributions paid by the Partnership after the commencement of the offer (the "Offer").
Port of Houston Authority
PHA Commission Considers Several Bayport Agenda Items as Container Terminal Opening Draws Nearer
HOUSTON, May 19, 2006 (PRIMEZONE) -- As Phase 1A of the Bayport Container Terminal project nears completion, the Port Commission of The Port of Houston Authority will consider several professional services contracts and contract amendments associated with the project at its public meeting at 1:30 p.m. on Monday, May 22, 2006 in the board room at the PHA Executive Building, 111 East Loop North (Exit 29 off Loop 610) in Houston. Chairman Jim Edmonds will preside over the meeting with Commissioner Steve Phelps, Commissioner Jim Fonteno, Commissioner Kase Lawal, Commissioner Jimmy Burke, Commissioner Janiece Longoria and Commissioner Elyse Lanier.
American Dance Guild
50th Anniversary of American Dance Guild: Many Voices of Dance Today
NEW YORK, May 19, 2006 (PRIMEZONE) -- "Many Voices Of Dance Today" kicks off on May 30th with an improvisational event by festival dancers, directed by Gloria McLean, and highlighted by performances of Maida Withers (guest artist), Jorge Tovar (guest artist), SI Reasoning and Deborah Mauldin, Kevin T. Frey. Live media by Phyllis Bulkin Lehrer and installation by Dance Entropy. Dance personalities Betty Jones, Carmen de Lavallade, Elizabeth Zimmer, Don McDonagh, Ann Hutchinson Guest, Renata Celichowska and Maida Withers will speak. A reception follows.
Paragon Financial Corp
Paragon Financial Announces Termination of Merger Agreement with Shearson Home Loans
PONTE VEDRA BEACH, Fla., May 19, 2006 (PRIMEZONE) -- Paragon Financial Corporation (OTCBB:PGNF) announced today that it has agreed to terminate its merger with Shearson Home Loans, Inc., a wholly owned subsidiary of Consumer Direct of America, Inc. (OTCBB:CSUAE), effective May 15, 2006. Under the agreement, Paragon will recoup 149,558,791 shares of its common stock and 79 shares of its Series F Preferred Stock, and will pay Consumer Direct of America, Inc. approximately $21,000 in costs incurred by Consumer Direct of America, Inc. as a result of the unsuccessful transaction.
Quantum Energy, Inc.
Boomers Cultural Developments, Inc. Announces Acquisition of Assets of KOKO Petroleum, Inc.
VANCOUVER, British Columbia, May 19, 2006 (PRIMEZONE) -- Boomers Cultural Development, Inc. (OTCBB:BCDI) (hereinafter referred to as "Boomers") has entered into an Agreement dated the 19 day of May, 2006 with KOKO Petroleum, Inc. (hereinafter referred to as "KOKO"), a Nevada company which provides for: