latest news releases from the newsroom
Penn's Landing Corporation
There's More to do (Than Just Skate) at the Blue Cross RiverRink at Penn's Landing
PHILADELPHIA, Nov. 16, 2005 (PRIMEZONE) -- Ice-skating outdoors is the healthy way to enjoy winter, and there is more to do than just skate at the Blue Cross RiverRink at Penn's Landing. The Blue Cross RiverRink has moved south this season to a new location at Columbus Boulevard at Market Street. After the official opening on November 25, 2005 and with only 89 days to skate this season, the Blue Cross RiverRink will host one special event every month that appeals to the young and the young at heart.
Stolt-Nielsen S.A. Purchased 200,000 of its Common Shares
LONDON, Nov. 16, 2005 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) announces that Stolt-Nielsen Transportation Group (SNTG), a 100%-owned subsidiary of SNSA, purchased today 200,000 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 219.16 per share (approximately $32.76 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. Accordingly, in conformity with applicable Oslo Stock Exchange requirements, we report that Stolt-Nielsen S.A., through its wholly owned subsidiary, Stolt-Nielsen Transportation Group Ltd., after this transaction has the following ownership (in the aggregate) in Stolt-Nielsen S.A., whose Common Shares are secondarily listed on the Oslo Stock Exchange with primary listing (through ADS arrangements) in the United States:
Lantronix to Present at 28th Annual Westergaard SmallCap Conference
IRVINE, Calif., Nov. 16, 2005 (PRIMEZONE) -- Lantronix, Inc. (Nasdaq:LTRX), a leader in device networking and data center management technologies, will present at the Dutton Associates 28th Annual Westergaard SmallCap Conference in New York City. The conference is being held on Monday, November 21, 2005, at the Waldorf Astoria Hotel. Chief Executive Officer Marc Nussbaum and Chief Financial Officer James Kerrigan will make four presentations throughout the day.
Hot Topic, Inc.
Hot Topic, Inc. Reports Third Quarter Financial Results
CITY of INDUSTRY, Calif., Nov. 16, 2005 (PRIMEZONE) -- Hot Topic, Inc. (Nasdaq:HOTT) reported net income for the quarter ended October 29, 2005 of $5.9 million or $0.13 per diluted share, compared to $12.4 million or $0.26 per diluted share for the same period last fiscal year. Included in the third quarter results is a charge of $1.5 million, or $0.02 per diluted share, included in selling, general and administrative expenses as a provision for potential liabilities associated with two related California wage and hour lawsuits.
East Delta Resources Corp.
East Delta Resources to Rapidly Expand its Exploration Programs on its Highly Prospective Gold Properties
MONTREAL, Nov. 16, 2005 (PRIMEZONE) -- East Delta Resources Corp. (OTCBB:EDLT.OB) (EJK.F) announced today that the Company has decided to aggressively accelerate its exploration plans and activities in and around its anchor property at Bake, Guizhou Province. The area is currently a fairly active and producing, yet significantly under-explored, turbidite-hosted gold district in southern China. Modern exploration techniques, that to date have been under-utilized within this district, will be applied through an aggressive exploration program undertaken by EDLT and its joint venture partners. The Company recognizes the enormous potential of the area to host additional significant gold deposits. The turbidite-hosted deposit type are known throughout the world (Bendigo and Ballarat Districts -- Australia; Meguma District -- Nova Scotia, Slave Province -- Northwest Territories) as a significant source of gold production.
Key Hospitality Acquisition Corporation
Key Hospitality Acquisition Corporation Announces Partial Exercise of Over-Allotment Option
NEW YORK, Nov. 16, 2005 (PRIMEZONE) -- Key Hospitality Acquisition Corporation (OTCBB:KHPAU) (the "Company") announced today that the underwriters of the Company's recent initial public offering have purchased an additional 450,000 units pursuant to the partial exercise of the underwriter's over-allotment option to purchase up to 900,000 additional units granted to the underwriters. Each unit consists of one share of common stock and one warrant. The units were sold at an offering price of $8.00 per unit, generating gross proceeds to the Company of $3.6 million. After deducting underwriting commissions, approximately $3.38 million of such proceeds were placed in the Company's trust account.
Klayman & Toskes P.A.
Notice to All Qwest Shareholders and Employees with Full Service Brokerage Accounts From the Securities Arbitration Law Firm of Klayman & Toskes, P.A.
NEW YORK, Nov. 16, 2005 (PRIMEZONE) -- The Law Firm of Klayman & Toskes, P.A., (http://www.nasd-law.com) represents large shareholders and employees of telecommunications companies before National Association of Securities Dealers and New York Stock Exchange securities arbitration panels who have opted out of class action settlements. The arbitration claims that have been filed are against major Wall Street brokerage firms, for alleged sales practice violations concerning the management of concentrated or single stock positions and the unsuitable use of margin. These claims focus on the failure to implement risk management strategies to protect the value of these large stock positions.