latest news releases from the newsroom
First Cash Financial Services, Inc.
First Cash Re-Affirms Fiscal 2008 Earnings Guidance; Earnings Release Scheduled for January 27
ARLINGTON, Texas, Jan. 21, 2009 (GLOBE NEWSWIRE) -- First Cash Financial Services, Inc. (Nasdaq:FCFS) today re-affirmed its earnings estimate for fiscal 2008. The Company is maintaining its previous estimate of $1.24 to $1.26 earnings per share from continuing operations for the full year of 2008. This range represents an estimated earnings increase of 33% to 35% over the prior year. The fiscal 2008 earnings announcement is currently scheduled for release before the market opens on Tuesday, January 27.
Cotton & Western Mining, Inc.
Cotton & Western Mining, Inc.: Baja Iron Ore Project Still Viable
HOUSTON, Jan. 21, 2009 (GLOBE NEWSWIRE) -- Cotton & Western Mining, Inc. (Pink Sheets:CWRN) announces China Steel Makers have been buying iron ore from India with December seeing an increase of raw materials imported. Forecasters believe that within the first half of year 2009, some upward movement of spot market supplies will improve. High grade magnetite iron ore such as the CWRN Baja California, Mexico iron deposits are still viable to the market and CWRN is receiving many inquiries for high grade crude iron ore. The company's funding source has asked for re-price negotiations to begin in February 2009, and it is expected that by the time the project is ready for production, market conditions will be greatly improved. The project is still economically viable at 2004 contract prices.
Gold Coast Mining Corp.
Hot Web, Inc. Retains Financial and Mining Advisors
BOSTON, Jan. 21, 2009 (GLOBE NEWSWIRE) -- Hot Web, Inc. (Pink Sheets:HWBI) announced today that the Company has retained Dennis Atkins and Michael M. Chaffee as advisors. Mr. Atkins will lead the initiative to bring the Company's financials current and Hot Web back into compliance as a fully reporting company. Mr. Chaffee will provide guidance, expertise and resources related to the Company's pursuit of joint ventures and acquisitions within the mining industry.