latest news releases from the newsroom
Keryx Biopharmaceuticals, Inc.
Keryx Biopharmaceuticals to Present at CIBC World Markets Annual Biotechnology & Specialty Pharmaceuticals Conference
NEW YORK, March 30, 2006 (PRIMEZONE) -- Keryx Biopharmaceuticals, Inc. (Nasdaq:KERX) announced today that Michael S. Weiss, Chairman and Chief Executive Officer, will present an overview of the Company and its pipeline at the CIBC World Markets Annual Biotechnology & Specialty Pharmaceuticals Conference in New York City. Mr. Weiss' presentation will take place on Wednesday, April 5, 2006 at 2:45 pm Eastern Time in Room 3.11 of the Millennium Broadway Hotel. A live audio webcast of Mr. Weiss' presentation will be available at http://www.veracast.com/webcasts/cibcwm/biotech06/89212124.cfm. An archived version of the webcast will be available following the conclusion of the live presentation.
Canadian Coalbed Methane Stocks: 7 Things to Know Before Investing
SARASOTA, Fla., March 30, 2006 (PRIMEZONE) -- Dr. David Marchioni, co-author of the CBM textbook, An Assessment of Coalbed Methane Exploration Projects in Canada, published by the Geological Survey of Canada, and president of privately held Petro-Logic Services in Calgary, provided StockInterview with the 7 Most Important Tips he would use to evaluate the risk/reward ratio in Canadian-based coalbed methane exploration companies. "Coal seam thickness and gas content are the geological reasons which establish the property's potential," Dr. Marchioni told StockInterview.com. "Permeability and water issues are important when you reach the production stage," said Dr. Marchioni.
Blyth, Inc. Reports 4th Quarter and Full Year Sales and Earnings
GREENWICH, Conn., March 30, 2006 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the fourth quarter ended January 31, 2006 declined 3.6% to $480.6 million compared to $498.8 million a year earlier. Excluding the adverse impact of foreign currency movement, fourth quarter Net Sales were approximately even with last year. Operating Loss for the quarter was $6.7 million compared to Operating Income of $65.0 million for the prior year period and reflects a one-time non-cash goodwill impairment charge of $53.3 million pre-tax, or $0.94 per share, arising from a re-evaluation of the goodwill associated with the Wholesale segment. The Company also recorded a book loss of $1.6 million, or $0.02 per share, on the sale of the Impact Plastics business during the fourth quarter. Net Loss for the quarter was $12.3 million versus Net Earnings of $39.2 million a year earlier and includes a previously-announced one-time tax expense of $9.1 million, or $0.22 per share, to recognize the income tax liability associated with repatriating $130 million in foreign earnings, previously considered permanently reinvested in non-U.S. legal entities, under the American Jobs Creation Act of 2004. Also reflected in the fourth quarter Net Loss are tax credits of $8.5 million, or $0.21 per share, primarily due to the reversal of contingent tax liabilities and also due to prior year true ups. Diluted Net Earnings Per Share for the quarter was a loss of $0.30 per share compared to earnings of $0.95 for the same period last year. Excluding the adverse effect of the goodwill impairment charge, the sale of the Impact Plastics business and the tax on repatriated European funds, as well as the benefit of the tax liability reversal and true up, fourth quarter Earnings Per Share would have been $0.67 this year versus $0.95 in last year's fourth quarter.
New Crooner First Ever to be sold in 'SkyMall'
LAS VEGAS, March 30, 2006 (PRIMEZONE) -- Brian Evans, the young crooner known recently as Jay Leno's opening act when "The Tonight Show" host performs stand-up at The Mirage Hotel & Casino, is the first artist in the history of the in-flight magazine "SkyMall" to have his product sold in the catalog, seen by more than 400 million airline passengers all over the world over the span of three months. The magazine is also distributed on all domestic Amtrak trains under the guise "TravelMall," but it's the same magazine.
TASER International, Inc.
TASER International Achieves ISO 9001:2000 Certification
SCOTTSDALE, Ariz., March 30, 2006 (PRIMEZONE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices announced today that it has achieved ISO 9001:2000 certification of its quality management system through Preferred Registrar Group, Inc., an ANSI-ASQ National Accreditation Board registrar, in accordance with the requirements of the International Organization for Standardization.
Stolt-Nielsen S.A. Receives Prepayment on Sale of Marine Harvest Shareholding
LONDON, March 30, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI), reported today that the Company had received proceeds of EUR 293.8 million (approximately $352.5 million at the current exchange rate) from the sale of its 25% shareholding in Marine Harvest N.V., as announced on March 6, 2006. As previously announced, the Company expects to record a gain of $80 million on this transaction based upon the estimated value of its investment in Marine Harvest in the second quarter of 2006. The gain will be recorded when the final approval of transaction is received from the regulatory and competition authorities.
Gardenburger, Inc. Emerges From Bankruptcy
IRVINE, Calif., March 30, 2006 (PRIMEZONE) -- Today Gardenburger, Inc. announced that it has emerged from bankruptcy as Wholesome & Hearty Foods Company, a privately-held corporation owned by Annex Capital Management LLC. Annex Capital Management is a New York-based investment firm with significant experience in consumer products. Annex Managing Directors Alexander Coleman and Robert Fowler III will serve on the new board of directors. "We believe Wholesome & Hearty Foods is now well positioned to take advantage of the positive trends in many segments of the natural and organic foods segments," said Robert Fowler III, who will chair the new board.
China Digital Animation Development, Inc.
Trinity BioGenics to Sponsor a Professional Conference on the Future of Medicine and Surgery
CLEARWATER, Fla., March 30, 2006 (PRIMEZONE) -- Maui General Stores, dba Trinity BioGenics Corp. (OTCBB:MAUG), a research and development company focused on making adult stem cell procedures commercially available in conjunction with immune therapy, is pleased to announce it will be hosting a conference on the Future of Medicine and Surgery, in conjunction with The Stowe Foundation, which is to take place on April 1, 2006. Internationally renowned experts in the medical and life science field of stem cell therapy will attend the conference.