latest news releases from the newsroom
Harsco Reaffirms Outlook for Strong 2006 Revenue and Earnings Growth
HARRISBURG, Pa., June 9, 2006 (PRIMEZONE) -- Presenting at two major investor conferences this week, senior management of worldwide industrial services and products company Harsco Corporation (NYSE:HSC) spoke with increasing confidence regarding its strategies and outlook for growth, saying that Harsco's worldwide operating balance and its strong and growing end markets continue to support the Company's targets for improved performance in 2006 and beyond.
Shearson Financial Network, Inc.
Shearson Announces Asset Purchase of EHomeCredit, Inc.
LAS VEGAS, June 9, 2006 (PRIMEZONE) -- Shearson Financial Network, Inc. (OTCBB:CSUA), a consolidator in the highly fragmented mortgage brokerage marketplace, announced today that it reached an agreement to acquire certain assets of EHomeCredit, Inc. (EHC). Under the agreement, Shearson will issue to EHC's shareholders shares of common stock of Shearson valued at three million dollars ($3,000,000). In addition, the company will pay $ 1.7 million in structured payments to EHome over the next twenty four months.
StockGuru.com Announces Profile Coverage of Coil Tubing Technology
DALLAS, June 9, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Coil Tubing Technology, Inc. (Pink Sheets:CTBG) (CTT), which has specialized in the design of proprietary tools for the coil tubing industry since 1990, concentrating on four categories of coil tubing application: thru-tubing fishing, thru-tubing work-over, pipeline clean-out, and coil tubing drilling. CTT was founded in 1998 by Jerry Swinford, an oilfield tool designer with more than 15 patents granted or pending and more than 25 years experience in the creation of oilfield tools.
Overseas Shipholding Group, Inc.
OSG Announces $300 Million Share Repurchase Program
NEW YORK, June 9, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, today announced that its Board of Directors has authorized a share repurchase program of $300 million. If the repurchase program were to be completed at an average price of $51.00, yesterday's closing price, the Company would purchase approximately 5.88 million shares, or nearly 15% of the total shares outstanding.
Entertainment Games, Inc.
Cinemaware Marquee Launches Official Moscow to Berlin: Red Siege Website
LANGHORNE, Pa., June 9, 2006 (PRIMEZONE) -- Cinemaware Marquee(tm), an affiliated label of eGames, Inc. (OTCBB:EGAM), today launched the official website for its upcoming World War II action RTS title, Moscow to Berlin: Red Siege(tm). Complete with a video trailer, images, the latest news, forums, and downloads, www.redsiege.com will offer everything armchair commanders will need to do battle along the Eastern Front.
Crew Gold Corporation
Crew Gold Corp.: Notification of Trade
LONDON, June 9, 2006 (PRIMEZONE) -- Crew Gold Corporation ("Crew") (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF): On June 8, 2006, Hans Christian Qvist, Chairman of Crew Gold Corporation, bought 50,000 shares, in Crew at NOK 10.90.
HEICO Corporation Declares Semi-Annual Cash Dividend
HOLLYWOOD and MIAMI, Fla., June 9, 2006 (PRIMEZONE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.04 per share payable on both classes of common stock. The cash dividend is payable on July 19, 2006 to shareholders of record as of July 7, 2006.