latest news releases from the newsroom
Brower Piven, A Professional Corporation
Law Offices of Charles J. Piven, P.A. Announces Class Action Lawsuit against WatchGuard Technologies, Inc. -- WGRD
BALTIMORE, April 11, 2005 (PRIMEZONE) -- Law Offices Of Charles J. Piven, P.A. today announced that a securities class action was commenced on behalf of shareholders who purchased, converted, exchanged or otherwise acquired the common stock of WatchGuard Technologies, Inc. (Nasdaq:WGRD) between February 12, 2004 and March 15, 2005, inclusive (the "Class Period").
Credit Acceptance Corporation
Credit Acceptance Announces Possible Change in Accounting for Loan Portfolio and Receipt of Nasdaq Delisting Notice
SOUTHFIELD, Mich., April 11, 2005 (PRIMEZONE) -- Credit Acceptance Corporation (NASDAQ:CACCE) Credit Acceptance Corporation (the "Company") announced that its independent registered public accounting firm, Deloitte & Touche LLP ("Deloitte"), informed the Company on April 8, 2005 that it believes that the Company should account for loans using a different methodology than the methodology that has been utilized by the Company since going public in 1992. As a result, the Company's previously released GAAP financial results, including those in the most recent earnings release, may require restatement. The Company does not believe, however, that previously released Adjusted Earnings and Adjusted Economic Profit, which the Company considers to be its most relevant measure of financial performance, will be impacted by any change in accounting method. Deloitte has confirmed to the Company that they have changed their position through a re-examination of previously available information and not due to new facts and or GAAP pronouncements. The Company is reviewing Deloitte's new position. The Company will likely seek the guidance of the Securities and Exchange Commission on this matter.
Portrush Petroleum Corp.
Portrush Petroleum Corporation Discusses Oil and Gas Production at Mission River
VANCOUVER, British Columbia, April 11, 2005 (PRIMEZONE) -- Portrush Petroleum Corporation (OTCBB:PRRPF) (TSX:PSH) has received a technical evaluation from McAlester Fuel on its proposal to drill a well to a depth of approximately 10,000 feet on the Mission River, Texas Project. Portrush has a 10% working interest in the project. While discussing the project, Mr. Wesley Franklin for McAlester gave the following reasons why McAlester is convinced significant oil and gas reserves remain untapped at deeper levels.
United Online, Inc.
United Online Announces First-Quarter Earnings Release Date and Conference Call
WOODLAND HILLS, Calif., April 11, 2005 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of consumer Internet subscription services, today announced that it will release results for its first quarter ended March 31, 2005, after market on May 3, 2005.
Alaskan Oil and Gas Ltd.
Alaskan Oil and Gas Has Severed All Ties with The Fowler Group
HOUSTON, April 11, 2005 (PRIMEZONE) -- Alaskan Oil and Gas (Pink Sheets:AKOL) has decided to disassociate the company from The Fowler Group and all associated entities. Alaskan Oil and Gas feels that severing all ties to The Fowler Group and associated entities due to extenuating circumstances that have arisen is in the best interest of its shareholders.
New Book Takes a Look at the Roman Church and the World in the 21st Century
PACOIMA, Calif., April 11, 2005 (PRIMEZONE) -- Like a modern-day Nostradamus, Frederick Martin-In-The Fields asks you: What will become of the world in the next generation and how will the world react upon hearing that the next pope will come from... Africa? Anything can happen. You can wait around to see it for yourself. Or you can rush out and buy a copy of his remarkable new novel The Donation of Constantine.