latest news releases from the newsroom
TalkingStocks.com Updates its Profile Report for MidNet, Inc. to Reflect Recent Announcements
DALLAS, July 18, 2005 (PRIMEZONE) -- Today, John Pentony, Publisher of TalkingStocks.com, announced that the website has issued an updated Profile Report Update on MidNet, Inc. (OTCBB:MIDX). The report discusses MidNet's core technology, The Middle Network, and their new contracts for use of this emerging and secure network technology. Also discussed is its competitive advantage in the market. The report is authored by Talking Stocks Senior Investment Analyst Shailesh Dhuri, CFA.
QLogic Leads the Market in Fibre Channel HBAs
ALISO VIEJO, Calif., July 18, 2005 (PRIMEZONE) -- QLogic(r) Corp. (Nasdaq:QLGC), the leader in Fibre Channel host bus adapters (HBAs), today announced that QLogic ranked number one in market share for both Fibre Channel host bus adapter (HBA) ports shipped and Fibre Channel HBA revenue in calendar year 2004, according to a new report from IDC, entitled "Worldwide Fibre Channel HBA 2005-2009 Forecast and 2004 Vendor Shares."
First Horizon National Corporation
First Horizon National Corporation Reports Financial Results for Second Quarter 2005
MEMPHIS, Tenn., July 18, 2005 (PRIMEZONE) -- First Horizon National Corporation (NYSE:FHN) announced earnings of $102.7 million, or $.80 diluted earnings per share for second quarter 2005. This compares to 2004's second quarter earnings of $118.4 million, or $.92 diluted earnings per share. For the six months ended June 30, 2005, earnings were $211.9 million or $1.65 diluted earnings per share, compared to $237.7 million or $1.84 diluted earnings per share for 2004.
RSM EquiCo Adds Two New Dealmakers to Chicago Office
CHICAGO, July 18, 2005 (PRIMEZONE) -- RSM EquiCo, a global investment bank serving mid-sized companies, today announced that two new professionals have been added to its Chicago office. Kipp M. Lykins and William R. Shiry have both joined RSM EquiCo Capital Markets, the firm's broker-dealer subsidiary.
Dragon Venture Signs Partnership Agreement with Shanghai Runyuan Logistics Company, Ltd. to Form a Joint Venture
FT. LAUDERDALE, Fla., July 18, 2005 (PRIMEZONE) -- Dragon Venture (Pink Sheets:DRGV), a holding company of high-tech companies in China, announced today that Shanghai Cnnest Technology Development Company, Limited ("Cnnest", http://www.cnnest.com), a subsidiary of DRGV, recently signed a partnership agreement with Shanghai Runyuan Logistics Company, Limited ("Runyuan") to form a joint venture.
XsunX Inc. Secures $10.8 Million Financing Commitment
ALISO VIEJO, Calif., July 18, 2005 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm)-- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, announced today that it has secured a total of $10,850,000 in financing with Cornell Capital Partners LP to support the continued development and growth of the Company.
Brock comments on Atlas Copco's Q2 results 2005
STOCKHOLM, Sweden, July 18, 2005 (PRIMEZONE) -- Stockholm, Sweden, July 18, 2005: Today Atlas Copco reported record sales and record profits. ``The development has been very strong in all business areas, including acquired units," says Gunnar Brock, President and CEO. "We expect the demand for Atlas Copco's products and services to remain at a high level in the near-term future."