latest news releases from the newsroom
Education Realty Trust, Inc.
EDR Announces a Joint Venture Agreement with Walton Street Capital to Buy a Student Community near University of California, Riverside
MEMPHIS, Tenn., Aug. 10, 2006 (PRIMEZONE) -- Education Realty Trust, Inc. (NYSE:EDR) today announced it has entered into a joint venture to purchase the University Village Towers, an off-campus collegiate community near the University of California, Riverside. EDR's property management subsidiary, Allen & O'Hara Education Services, Inc. ("AOES") has been engaged by the venture to manage the 525-bed community.
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces Second Quarter Earnings Results
ANAHEIM, Calif., Aug. 10, 2006 (PRIMEZONE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that total sales for the second quarter ended July 29, 2006 were $313.7 million, an increase of 1.5 percent over total sales of $309.1 million for the second quarter ended July 30, 2005. Second quarter net earnings were $0.14 per diluted share, including $0.02 related to stock compensation and pre-opening rent expenses. On a comparable non-GAAP basis, earnings per diluted share were $0.24 in the second quarter of 2005. Net income for the second quarter of fiscal 2006 was $9.7 million compared to a non-GAAP $18.5 million for the second quarter of fiscal 2005. Same-store sales decreased 5.5 percent for the comparable second quarter period.
Tyson Foods, Inc.
Tyson Powers the Fight Against Childhood Hunger in Richmond
RICHMOND, Va., Aug. 10, 2006 (PRIMEZONE) -- Tyson Foods, Inc. (NYSE:TSN) delivered a 33,218-pound gift to the Central Virginia Food Bank Wednesday. The company teamed up with Performance Food Group of Richmond to pledge a matching donation to the results of a two-day food drive effort held in June. With Tyson's donation, the amount of food raised from the event totals 67,000 pounds. The Central Virginia Food Bank dispatches more than 45,000 pounds of food per day from its more than 500 member agencies.
Actavis Trebles Net Profits to EUR30 Million for 2Q 2006
REYKJAVIK, Aug. 10, 2006 (PRIMEZONE) -- Actavis Group ("ACT") (ICEX:ACT), the international generic pharmaceuticals company, announces its results for the second quarter ended 30 June 2006. Sindan, the Romanian oncology business acquired at the end of March, is fully integrated into the Group's accounts from the start of the second quarter.
Titanium Group Ltd.
Titanium Group Announces Second Quarter Financials; Revenues Up 87 Percent Compared To Same Quarter a Year Ago
SAN JOSE, Calif., Aug. 10, 2006 (PRIMEZONE) -- Titanium Group Limited (OTCBB:TTNUF), a leading biometric and security solutions provider today announced financial results for its fiscal 2006 second quarter ended June 30, 2006. Total revenue for the quarter was $1,098,854, an increase of 87 percent compared to the same quarter last year. Revenue for the six months ended June 30, 2006 was $1,493,526, an increase of 80 percent over the six month period of the previous year. In addition, Titanium stated it had a backlog of orders of approximately $2 million compared to $620,000 at June 30, 2005.
United American Corporation
Major Canadian Telecom Company Intelco Acquires Minority Interest in TeliPhone
MONTREAL, Aug. 10, 2006 (PRIMEZONE) -- United American Corporation (OTCBB:UAMA) is pleased to announce that its majority-owned subsidiary, TeliPhone, has signed an agreement with Intelco Communication of Montreal, Canada, to supply it with a white-label version of its VoIP solution. The deal provides that traffic from Intelco's current and future clients will pass over Intelco's existing network, while transiting through TeliPhone's VoIP softswitch platform. A software royalty for each of Intelco's subscribers will be contributed to TeliPhone.