latest news releases from the newsroom
Community Shores Bank Corporation
Community Shores Reports First Quarter 2006 Earnings
MUSKEGON, Mich., April 21, 2006 (PRIMEZONE) -- Community Shores Bank Corporation (Nasdaq:CSHB), Muskegon's only locally-headquartered independent community banking organization, today reported first quarter 2006 net income of $363.8 thousand, virtually unchanged from $362.1 thousand earned in the first quarter of 2005. Diluted earnings per share for both quarters was $0.25.
StockGuru.com Announces Profile Coverage of Friendly Energy
DALLAS, April 21, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Friendly Energy Corporation (Pink Sheets:FDEG). Friendly Energy, a growth oriented oil exploration and development company, is poised to take advantage of the current market pricing in the oil and gas industry that have created new opportunities to bring online proven undeveloped reserves, with very little downside risk to the company.
Telenor: Biased Mobile Price Regulations to Continue
OSLO, Norway, April 21, 2006 (PRIMEZONE) -- The Ministry for Transport and Communications has rejected Telenor's objections to the Norwegian Post and Telecommunications Authority's (PT) decision relating to regulations of call termination charges in the Norwegian mobile market. This decision increases the already discriminatory practice in the Norwegian mobile market.
Yara International ASA
Yara Achieves Strong Results in Turbulent Energy Market
OSLO, Norway, April 21, 2006 (PRIMEZONE) -- Yara International ASA reports strong results for the first quarter 2006. Despite energy costs increases of more than NOK 600 million for the quarter, Yara maintained 96 percent of its earnings per share. Joint venture earnings from low-cost gas regions grew significantly.
PracticeXpert Retains Midtown Partners; Completes Interim Funding
CALABASAS, Calif., April 20, 2006 (PRIMEZONE) -- PracticeXpert, Inc. (OTCBB:PXPT), today announced that it has received financing in the amount of $250,000 in connection with the issuance and sale of one-year 12% Senior Secured Convertible Debentures and warrants. Midtown Partners & Co. LLC served as the placement agent in connection with the financing transaction.
Stolt-Nielsen S.A. Purchased 200,300 of its Common Shares
LONDON, April 20, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo:SNI) announces that Stolt-Nielsen Transportation Group Ltd. (SNTG), a 100%-owned subsidiary of SNSA, today purchased 200,300 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 178.04 per share (approximately $28.11 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.
Ethos Environmental, Inc.
Ethos Environmental, Inc. Executes Definitive Agreement With Victor Industries, Inc.
SAN DIEGO, Calif., April 20, 2006 (PRIMEZONE) -- Ethos Environmental, Inc. ("Ethos"), a manufacturer and distributor of a unique line of fuel reformulating products under the name Ethos Fuel Reformulators, or Ethos FR, today announced the execution of a Definitive Agreement (the "Agreement") with Victor Industries, Inc. ("VICI") (OTCBB:VICI). As part of the Agreement, it is expected that VICI will redomicile to Nevada, effectuate a reverse stock split of approximately 1:1000, and change its name to Ethos Environmental, Inc. Additionally, the shares presently held by stockholders in Ethos will be exchanged on a one-for-one basis in the resulting corporation.