latest news releases from the newsroom
Golar LNG: Preliminary Fourth Quarter and Financial Year 2005 Results
OSLO, Norway, March 1, 2006 (PRIMEZONE) -- Golar LNG reports net income of $10.6 million for the three months ended December 31, 2005 as compared to net income of $11.0 million for the three months ended September 30, 2005. Operating revenues this quarter were $45.2 million, an increase from the previous quarter's revenue of $42.8 million due to improved utilisation of the vessels operating in the spot market. Operating income was $17.8 million for the fourth quarter of 2005 as compared to $17.0 million for the third quarter of 2005.
SmallCap Sentinel: Institutions Investing in Smaller Biotech Companies
IRVINE, Calif., March 1, 2006 (PRIMEZONE) -- "Clearly, institutional investors are surveying the biotech landscape looking for opportunities," stated SmallCap Sentinel analyst D.R. Clark. "For example, Callisto Pharmaceuticals (AMEX:KAL) recently announced a $5.14 million private placement, which the company says they will use to continue to fund its strategic initiatives, including substantial clinical development activities in 2006 and additional pre-clinical development activities."
Scott+Scott, LLC Sues Graphite and Carbon Product Manufacturer, GrafTech International, Ltd., on Behalf of Investors -- GTI
COLCHESTER, Conn., Feb. 28, 2006 (PRIMEZONE) -- Scott+Scott, LLC (www.scott-scott.com) filed a securities class action in Delaware federal court on behalf of purchasers of GrafTech International Ltd. ("GrafTech" or the "Company") (NYSE:GTI) securities from November 3, 2005, through February 8, 2006, inclusive (the "Class Period"). GrafTech provides synthetic and natural graphite and carbon-based products, as well as technical and R&D services. Its synthetic graphite products include: graphite electrodes, cathodes, and advanced synthetic graphite products. The complaint charges GrafTech and certain of its officers and directors with violations of the Securities Exchange Act of 1934.
American Specialty Health
American Specialty Health Names Robert Crocker, MD, Chief Medical Officer
SAN DIEGO, Feb. 28, 2006 (PRIMEZONE) -- San Diego-based American Specialty Health (ASH) has announced that Robert Crocker, MD, has joined its staff as chief medical officer. Dr. Crocker will be responsible for the development of medical management programs and products, as well as oversight of ASH clinical service operations. He will also manage peer committees, clinical technology assessment process, and medical protocols supporting Healthyroads, Inc., a subsidiary of ASH.
Stolt-Nielsen S.A. Purchased 100,000 of its Common Shares
LONDON, United Kingdom, Feb. 28, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) announces that Stolt-Nielsen Transportation Group Ltd. (SNTG), a 100% owned subsidiary of SNSA, purchased today 100,000 of SNSA Common Shares on the Oslo Stock Exchange at an average price of NOK 210.25 per share (approximately $31.15 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. Accordingly, in conformity with applicable Oslo Stock Exchange requirements, we report that Stolt-Nielsen S.A., through its wholly-owned subsidiary, Stolt-Nielsen Transportation Group Ltd., after this transaction has the following ownership (in the aggregate) in Stolt-Nielsen S.A., whose Common Shares are secondarily listed on the Oslo Stock Exchange with primary listing (through ADS arrangements) in the United States: