latest news releases from the newsroom
Seeger Weiss LLP
Seeger Weiss Files Class Action Suit Against Genta, Inc. and Certain of Its Officers on Behalf of Investors -- GNTA
NEW YORK, May 14, 2004 (PRIMEZONE) -- The law firm of Seeger Weiss LLP announces that a class action lawsuit was filed on May 11, 2004, on behalf of purchasers of the securities of Genta, Inc. ("Genta" or the "Company") (Nasdaq:GNTA) between February 24, 2003 and May 3, 2004, inclusive, (the "Class Period"), seeking to pursue remedies under the Securities Exchange Act of 1934 (the "Exchange Act"). A copy of the complaint filed in this action is available from the Court, or can be obtained on a complimentary basis from the offices of Seeger Weiss.
Assure Energy, Inc.
Assure Increases Daily Production Over 300% in a Year
CALGARY, Alberta, May 14, 2004 (PRIMEZONE) -- Assure Energy, Inc. (Assure) (OTCBB:ASURF) (Frankfurt WKN 357954 Symbol ASL) is pleased to announce that Assure, through its subsidiaries, Assure Oil & Gas Corp. (Assure O & G) and Westerra 2000 Inc. (Westerra) and 48.5 % controlled Quarry Oil & Gas Ltd. (Quarry) (TSX-v: QUC) has completed its Fall-Winter 2003/04 Multi Well Drilling Program in Canada's Western Sedimentary Basin resulting in Assure raising its production of oil or its natural gas equivalents per day (boe/d) (at 6:1 ratio) to approximately 1415 boe/d on a consolidated basis. This amounts to over a 300% increase in daily production from the end of last years winter drilling season to the end of the 2004 winter drilling season for Assure on a consolidated basis.
Millennium Chemicals Reports First Quarter Operating Results and Schedules Internet Webcast/Teleconference
HUNT VALLEY, Md., May 14, 2004 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium" or the "Company") today reported a net loss for the first quarter of 2004 of $10 million or $0.16 per common share. For the corresponding quarter of 2003, Millennium reported a net loss of $27 million or $0.43 per common share. Excluding designated items(1), the first quarter 2004 net loss was $3 million or $0.05 per common share compared to a loss of $23 million or $0.36 per common share for the corresponding quarter of 2003.(2)