latest news releases from the newsroom
Tandy Leather Factory, Inc.
Tandy Leather Factory Reports Second-Quarter 2005 EPS Up 40 Percent; Revises 2005 Earnings Guidance Upward
FORT WORTH, Texas, Aug. 1, 2005 (PRIMEZONE) -- Tandy Leather Factory, Inc. (AMEX:TLF) today reported financial results for the second quarter of 2005. Consolidated net income for the quarter ended June 30, 2005, was $787,000 compared to consolidated net income of $516,000 for the second quarter of 2004. Fully diluted earnings per share for the quarter was $0.07, compared to $0.05 in the second quarter of last year. Total sales for the quarter ended June 30, 2005, increased 11.2 percent to $12.2 million from $10.9 million for the same quarter last year.
China Direct Trading Corp.
China Direct Trading Corp. Sells Vegas Distributor, Poker Card Keeper Line
DAVIE, Fla., Aug. 1, 2005 (PRIMEZONE) -- China Direct Trading Corporation's (OTCBB:CHDT) wholly owned subsidiary, Souvenir Direct, Inc. (SDI), has been hired to create a line of twelve poker card keepers for the Las Vegas market. The line will be unveiled at the upcoming Kenfair Gift show, located in The Mandalay Bay convention center, Las Vegas. Kenfair is a Hong Kong-based show organizer which hosts one of the largest gift shows in Hong Kong as well as other countries. The show is only open to exhibitors from Asia and SDI will be exhibiting in booth B-7 on August 15th-18th.
Gridline Communications Holdings
Gridline Communications Holdings Completes Acquisition of Gridline Communications Corp.
SUGAR LAND, Texas, Aug. 1, 2005 (PRIMEZONE) -- Gridline Communications Holdings Inc., a publicly-held Delaware corporation, announced today that, pursuant to the Share Exchange and Reorganization Agreement, dated December 3, 2004 between Gridline Communications Corp. and Gridline Communications Holdings Inc. (formerly, Northshore Capital Partners IV, Inc.), that the acquisition has been consummated.
Sempra LNG Signs Capacity Agreement With Eni S.p.A For Louisiana LNG Project
SAN DIEGO and MILAN, Italy, Aug. 1, 2005 (PRIMEZONE) -- Sempra LNG, a unit of Sempra Energy (NYSE:SRE), today announced it has executed a 20-year agreement to provide Eni S.p.A. (NYSE:E), one of the world's leading oil and natural gas exploration and production companies, with approximately 40 percent of the capacity of Sempra LNG's Cameron liquefied natural gas (LNG) receipt terminal under development near Lake Charles, La.