latest news releases from the newsroom
Highway Holdings Limited
Highway Holdings Limited Declares Annual Cash Dividend
HONG KONG, July 15, 2004 (PRIMEZONE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced that its board of directors has declared an annual cash dividend of $0.10 per share on the company's common stock for the fiscal year ended March 31, 2004. The dividend will be paid August 3, 2004, to shareholders of record on July 28, 2004.
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Second Quarter Financial Information
SPOKANE, Wash., July 15, 2004 (PRIMEZONE) -- Northwest Bancorporation, Inc. (OTCBB: NBCT) President & CEO, Randall L. Fewel, announced today that net income for the quarter ended June 30, 2004 was $436,139; this is an 8.2% improvement when compared to net income of $403,025 earned in the second-quarter of 2003. Fully diluted earnings per share improved to $0.21 for the quarter ended June 30, 2004 when compared to earnings of $0.20 per share for the quarter ended June 30, 2003. Six-month year-to-date earnings have improved 8.6%, from $776,777 in 2003 to $843,279 this year, with fully diluted earnings per share of $0.42 in 2004, compared to $0.39 for the same period last year. Prior-year results have been adjusted to incorporate the effect of a five-percent stock dividend paid in June 2004. For the first-half of the year, annualized return on average assets is 0.79% and annualized return on average equity is 9.00%. Total assets for the company were $224 million on June 30th, an increase of 6.4% when compared to the same date last year.
Occidental Petroleum Corp.
Occidental Petroleum Declares Dividend
LOS ANGELES, July 15, 2004 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.275 per share on common stock payable October 15, 2004, to stockholders of record on September 10, 2004.
Transmeridian Exploration, Inc.
Transmeridian Schedules Conference Call
HOUSTON, July 15, 2004 (PRIMEZONE) -- Transmeridian Exploration, Inc. (OTCBB:TMXN) will hold a conference call at 10:30 a.m. CST on Monday, July 19, 2004. The phone number for the conference call is (800) 615-0825. Callers outside the United States and Canada can access the call by dialing (706) 643-3612. A recording of the call will be available for seven days by dialing (800) 642-1687. The conference code is "8816472".
Harwood Feffer LLP
Wechsler Harwood LLP Announces Class Action Against Red Hat, Inc. and Certain of Its Officers with Securities Fraud -- RHAT
NEW YORK, July 15, 2004 (PRIMEZONE) -- Wechsler Harwood LLP announces that it has been retained to file a federal securities fraud class action against Red Hat, Inc. ("Red Hat" or the "Company") (Nasdaq:RHAT), Matthew J. Szulik, Kevin B. Thompson, Timothy J. Buckley, Paul J. Cormier, and Mark H. Webbink on behalf of purchasers of RHAT securities, during the period between March 19, 2002 and July 12, 2004 (the "Class Period").
Northrop Grumman Corp.
Northrop Grumman-built Aura Satellite Launched Successfully
REDONDO BEACH, Calif., July 15, 2004 (PRIMEZONE) -- NASA's Aura Earth Observing System (EOS) spacecraft, built by Northrop Grumman Corporation (NYSE:NOC) was successfully launched this morning at 3:01:59 a.m. PDT. Aura will provide the most comprehensive space-based measurements of atmospheric gases ever taken, revolutionizing the way scientists study and understand changes in the Earth's climate, air quality and ozone layer.
ACME Portable Machines, Inc.
Acme Portable Machines, Inc. Announces New 1U Rack Mounted 16 Port Console Drawer and KVM Switch Includes 17" TFT Monitor and Keyboard with Mousepad
AZUSA, Calif., July 15, 2004 (PRIMEZONE) -- Acme Portable Machines, Inc., a leading provider of rugged portable computers, today announced the immediate availability of their newest 19" slim industrial rack mounted console drawer fitted with keyboard and monitor, the SMK-590R. Built for space constraining environments and simple organization, the slim 1U high console drawer is composed of a 17" monitor, keyboard and mouse pad. Each SMK-590R can handle up to 16 computers, servers and devices or be daisy-chained to others making it ideal for medium to large-scale computer rooms common to computer telephony, storage area networks and web server applications.