latest news releases from the newsroom
JetBlue Airways Corporation
Hudson Valley On the Horizon: JetBlue Begins Service to Newburgh, New York
NEW YORK, Dec. 19, 2006 (PRIME NEWSWIRE) -- JetBlue Airways Corporation (Nasdaq:JBLU) today begins daily nonstop service between Newburgh's Stewart International Airport (SWF), in New York's Hudson Valley, and Fort Lauderdale and Orlando, Florida. Beginning January 5, a second daily flight will be added to each destination. Additionally, daily nonstop service to West Palm Beach, Florida will begin January 5, making the low-cost carrier the largest airline serving Stewart International Airport.
Speedel Stops Current SPP301 Phase III Trial in Diabetic Kidney Disease in the Interests of Patient Safety
BASEL, Switzerland and BRIDGEWATER, N.J., Dec. 19, 2006 (PRIME NEWSWIRE) -- Speedel (SWX:SPPN) announced today that in the interests of patient safety it has stopped the current pivotal Phase III clinical trial of SPP301 (Avosentan) in diabetic nephropathy (diabetic kidney disease). This decision was taken by the ASCEND(1) trial's Steering Committee based on a recommendation from the Data Safety Monitoring Board to stop the trial, following a significant imbalance in fluid retention in patients amongst the study arms. The company is informing health authorities including the U.S. Food and Drug Administration and is in the process of notifying all clinical investigators in the trial. The company also said that the compound will be evaluated for potential new clinical trials in diabetic kidney disease and other indications, and that an announcement concerning the next steps for SPP301 should occur around the middle of 2007.
Well Renewal, Inc.
Well Renewal to Purchase Oil and Gas Well Servicing Units
TULSA, Okla., Dec. 18, 2006 (PRIME NEWSWIRE) -- Well Renewal, Inc. (Pink Sheets:WRNW), a rapidly growing diversified oil and gas regional operator, specializing in enhanced technologically advanced recovery of abandoned and low-production oil properties, oil field services and petrochemical distribution, today announced it will purchase several work-over rigs from Economy Mfg. and Oilfield Equipment Co., an Oklahoma based dealer of equipment for the oil and gas industry.
RIMOWA TANGO -- Award-Winning Innovation
COLOGNE, Germany, Dec. 18, 2006 (PRIME NEWSWIRE) -- Mipel in Milan has singled out the new TANGO luggage series of the premium brand RIMOWA for its Innovation Award. Since its founding in 1962, Mipel has been one of the leading international trade fairs for leather goods, right in the heart of the fashion capital of Milan.
Lead Plaintiff Cyberonics Investor's Group Have Filed an Amended Complaint Against Cyberonics, Inc. -- CYBX
SAN DIEGO, Dec. 18, 2006 (PRIME NEWSWIRE) -- Court-appointed Lead Plaintiffs in In re Cyberonics, Inc. Securities Litigation, Master File No. H-0502121, U.S. District Court for the Southern District of Texas, announce the filing of a first amended class action complaint on behalf of purchasers of Cyberonics, Inc. ("Cyberonics") (Nasdaq:CYBX) securities during the period from February 5, 2004, through August 1, 2006, inclusive.
Scott+Scott, LLP Files Class Action Lawsuit Against Hansen Natural Corp. on Behalf of Investors -- HANS
COLCHESTER, Conn., Dec. 18, 2006 (PRIME NEWSWIRE) -- On December 18, 2006, Scott+Scott, LLP, filed a class action against Hansen Natural Corp. ("Hansen" or the "Company") (Nasdaq:HANS) and certain officers and directors in the U.S. District Court for the Central District of California. The action is on behalf of Hansen securities purchasers during the period November 12, 2001 through November 9, 2006, inclusive (the "Class Period"), for violations of the Securities Exchange Act of 1934. The complaint alleges that defendants made false and misleading statements and material omissions regarding the Company's financial statements. As a result, the price of the Company's securities was inflated during the Class Period, thereby harming investors.