latest news releases from the newsroom
Liquor Group Wholesale, Inc.
Liquor Group Wholesale Posts Quarterly Financial Statements
JACKSONVILLE, Fla., Jan. 16, 2009 (GLOBE NEWSWIRE) -- Liquor Group Wholesale, Inc. (OTCBB:LIQR) posts first fiscal quarterly statements as a publicly traded company (September 1, 2008 - November 30, 2008), showing continued promise, profit and growth. Total sales for the period were down very slightly from the same period in 2007; however the decrease was entirely attributable to a delay by a few days of product shipments from suppliers. The arrival of those shipments on time would have more than doubled the sales figures from the prior year, however accounting rules dictate that the delay results in those proportionately higher sales being posted in the firm's fiscal second quarter.
Comtech Telecommunications Corp.
Comtech Telecommunications Corp. Announces Redemption of Its $105.0 Million 2.0 Percent Convertible Senior Notes Due 2024
MELVILLE, N.Y., Jan. 16, 2009 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. ("Comtech") (Nasdaq:CMTL) has notified The Bank of New York Mellon, as trustee (the "Trustee"), that Comtech will redeem all of its outstanding $105.0 million 2.0% Convertible Senior Notes Due 2024 (the "2.0% Convertible Senior Notes"), for cash on February 12, 2009 (the "Redemption Date"), at a redemption price of 100.571% of the principal amount of the 2.0% Convertible Senior Notes (the "Redemption Price"), plus accrued and unpaid interest and Contingent Interest to, but not including, the Redemption Date, in accordance with the terms of the Indenture dated as of January 27, 2004 (the "Indenture") between Comtech and the Trustee.