latest news releases from the newsroom
Scott + Scott, LLC's Connecticut Office Files Securities Class Action Against Pfizer in Connecticut Federal District Court - PFE
COLCHESTER, Conn., Dec. 31, 2004 (PRIMEZONE) -- Scott + Scott, LLC (e-mail: email@example.com), has filed a class action lawsuit against Pfizer, Inc. (NYSE:PFE) in the United States District Court for the District of Connecticut on behalf of those who purchased or acquired Pfizer, Inc. securities from October 31, 2000 to December 16, 2004 (the "Class Period"). The lawsuit against Pfizer alleges the Company violated the federal securities laws by issuing materially false and misleading statements during the Class Period. New prescriptions for Pfizer's pain killer Celebrex(r), the leader in a class of drugs called cox-2 inhibitors, plummeted 56% last week just after a federal study found a link between Celebrex(r) and a heightened risk of heart attacks and strokes. This lawsuit also names individual defendants Henry A. McKinnell, who was Chairman of the Board and Chief Executive Officer and John L. LaMattina, who was President of Gobal Research and Develpoment of Pfizer. Specifically, as stated in the complaint, LaMattina was responsible for scientific reporting concerning the safety of Celebrex(r).
Eastmain Resources Inc.
Eastmain Resources Inc.: $3 Million Private Placement Completed
TORONTO, Ontario, Dec. 31, 2004 (PRIMEZONE) -- Eastmain Resources Inc. (TSX:ER) disclosed today that the private placement announced on December 12, 2004 has been fully subscribed. The offering consisted of 4,300,000 flow-through units at $0.70 per unit for aggregate gross proceeds of $3,010,000. Each unit consisted of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a price of $0.85 per share for a period of 12 months following the closing of the offering.
StockPickReport: "Stock Picks for Friday"
SHREVEPORT, La., Dec. 31, 2004 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com - the web's only non-mainstream stock rating service), rates Nextel Communications Inc, Red Hat Inc, Research In Motion Ltd, BearingPoint Inc
StockPickReport: "Dell, Envoy, Novell, and American International Stock Ratings"
SHREVEPORT, La., Dec. 31, 2004 (PRIMEZONE) -- StockPickReport.Com (http://www.stockpickreport.com - the web's only non-mainstream stock rating service), rates Dell Inc, Envoy Communications, Novell Inc, American International Group Inc
Newmark Effects Reverse Split and Symbol Change
VANCOUVER, British Columbia, Dec. 31, 2004 (PRIMEZONE) -- Newmark Ventures, Inc. (OTCBB:NMVN)("Newmark") announced that the company's trading symbol on the Over the Counter Bulletin Board "NMVN" will change to "NWMV" (OTCBB:NWMV) effective at the open of business today. The symbol change reflects a reverse split of four (4) old common shares for each one (1) new common share held by Newmark shareholders at the open of business on December 31, 2004.