latest news releases from the newsroom
CALAMOS Asset Management, Inc.
CALAMOS Releases Monthly Closed-End Fund Portfolio Data
NAPERVILLE, Ill., June 10, 2004 (PRIMEZONE) -- CALAMOS INVESTMENTS has released the monthly portfolio data for May including asset allocation, quality allocation, representative holdings, sector weightings and other fund characteristics for the CALAMOS Convertible Opportunities and Income Fund (NYSE:CHI) (Cusip No.: 128117108), the CALAMOS Convertible and High Income Fund (NYSE:CHY) (Cusip No.: 12811P108) and the CALAMOS Strategic Total Return Fund (NYSE:CSQ) (Cusip No.: 128125101).
A Tribute to the Stars; Poet and Singer Praises Celebrities in New Book
MIAMI SPRINGS, Fla., June 10, 2004 (PRIMEZONE) -- Since junior high school, Leila Duchesne has admired movie and television stars. She expressed her admiration for her favorite celebrities through poetry, a pastime that unexpectedly blossomed into a full-fledged singing career. In her new book, Celebrity Poems & Memoirs (now available through AuthorHouse), she includes many of her poems about famous people and offers personal stories about being a singer and meeting entertainment legends.
New Book Examines Early Days of Long Island Town
NEW BERN, N.C., June 10, 2004 (PRIMEZONE) -- Every American town has a history, but some of that has been lost under the plows and asphalt of progress. Nearly 350 years ago, the town of Brookhaven, N.Y., was founded and its inception is the subject of a new book, Setauket, Alias Brookhaven: The Birth of a Long Island Town with the Chronological Records 1655-1679 (now available through AuthorHouse), by Belle Barstow.
Gasel Transportation Lines, Inc.
Gasel Transportation Lines, Inc. Reports Results for Fiscal First Quarter 2004
MARIETTA, Ohio, June 10, 2004 (PRIMEZONE) -- Gasel Transportations Lines, Inc. (OTCBB:GSEL), currently operating as a debtor-in-possession under Chapter 11 Reorganization, today announced results for fiscal first quarter 2004. For the three months ended March 31, 2004, freight income revenue totaled $3,605,729 and training school revenue was $163,067 for combined revenue of $3,768,796, representing a 3.73% increase from prior year combined revenue of $3,634,496 and the second sequential year-year increase in the most recent eight reporting periods. Combined revenue for the nine month period ended March 31, 2004 was $10,796,404; a 2.41% increase over $10,541,872 reported for the same nine month period one year prior. The revenue increase is largely a result of increased freight demand, higher prices and the use of additional owner/operators that increased supply without a subsequent increase in associated costs.
Discovery Laboratories, Inc.
Discovery Laboratories to Present at the Needham & Company 3rd Annual Biotechnology Conference
DOYLESTOWN, Pa., June 10, 2004 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), announced today that Christopher J. Schaber, Ph.D., Executive Vice President and Chief Operating Officer of Discovery, will present an update on the Company's recent progress and upcoming milestones to the investment community during the 3rd Annual Biotechnology Conference sponsored by Needham & Company. The conference is being held at the New York Palace Hotel in New York City. Dr. Schaber will be presenting on Wednesday, June 16, 2004 at 10:00 a.m. Eastern Time.
Spantel Communications Inc.
Spantel Revenues and Profits Rise, Khashoggi Resigns from Board
FUENGIROLA, Spain, June 10, 2004 (PRIMEZONE) -- Spantel Communications Inc. (OTCBB:SPAL), a provider of telecommunications services within Spain, announced today that revenues for April increased to $1,699,265 from $1,309,131 and had gross profits of $173,013 versus a loss of $17,100 compared to April 2003. The 27.5% increase in revenues and change from a loss to a profit is largely attributable to improved efficiency in the company's telemarketing division and the increased traffic from the agreements entered into earlier this year.
Turnaround Partners, Inc.
Tobin Smith to Appear Weekly on `Corporate Strategies with Tim Connolly'
HOUSTON, June 10, 2004 (PRIMEZONE) -- Tobin Smith, Chairman of ChangeWave Research, will appear Sunday night, June 13th at 9:15 pm EDT on "Corporate Strategies with Tim Connolly" and will debut his new weekly segment, "Rant of the Week". Steve Rinehart of PrizeWise.com, a subsidiary of 21st Century Technologies (OTCBB:TFCT) will also appear live on the show. Listeners may call in questions live and toll free to Steve or Tim Connolly at 1-866-606-TALK (8255). The Business Talk Radio Show may be heard on KSEV AM 700 in Houston, on over 375 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.