latest news releases from the newsroom
Parker Waichman Alonso LLP
Parker & Waichman Continues to Encourage Current and Former MCI WorldCom Shareholders and Investors to Evaluate Legal Options -- WCOEQ, MCWEQ, MCIAV
NEW YORK, May 10, 2004 (PRIMEZONE) -- Today, Citigroup, Inc. (NYSE:C) announced it would pay $2.65 billion to WorldCom investors for its role in the massive MCI WorldCom (Pink Sheets:WCOEQ), (Other OTC:MCWEQ), (Other OTC:MCIAV) accounting fraud scandal. MCI WorldCom's accounting fraud led to the nation's largest bankruptcy filing and left MCI WorldCom shareholders with shares of worthless stock. Parker & Waichman, LLP and affiliated counsel have filed thousands of claims on behalf of current and former MCI WorldCom shareholders and employees and continues to encourage all current and former MCI WorldCom shareholders to evaluate their legal options by requesting a free lawsuit case evaluation at www.worldcomstockfraud.com.
Get to Know Greed, Corruption, and Murder in a New Book
GOODYEARS BAR, Calif., May 10, 2004 (PRIMEZONE) -- Like life itself, the law is never certain. It is this uncertainty that puts lawyers on the line. In Cicero's Progeny, Tony Torson presents a provocative legal thriller telling of greed, power, and corruption in Los Angeles, the city of lights and fine restaurants where people still eat and run. Stuck right in the middle of this story is Nancy Villella, a woman who came up the hard way-junior college, night law school, and a job with the state bar association as an administrator. She speaks of becoming an expert in computer law but plans to crack the state bar's computer security before her true past is discovered.
Scottish Power PLC
ScottishPower's PacifiCorp Identifies New Plant Resource
BROOMIELAW, Scotland, May 10, 2004 (PRIMEZONE) -- ScottishPower's US regulated subsidiary, PacifiCorp, today announced it has approved the development and construction of a new 534 MW natural gas-fired combined-cycle gas turbine (CCGT) generation plant to be located near Salt Lake, City, Utah, named Lake Side.
GoldSpring Update: N.A. Degerstrom, Inc., One of America's Premier Mining Contractors, Joins GoldSpring Team as Contractor of Choice for Plum Mine and Future Suitable Acquisitions
VIRGINIA CITY, Nev., May 10, 2004 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG): GoldSpring is pleased to announce that America's premier mining contractor has joined the GoldSpring Team to operate the Company's Plum Mine in Nevada and will also serve to evaluate the economics of future acquisitions that are underway at this time. N.A. Degerstrom replaces American Asphalt who has done a great job in the start up phase at Plum. American has several mining jobs going in Nevada and their equipment was getting spread quite thin, so the transition is going smoothly for all parties. Steve Parent, GoldSpring's CEO said, "With the Plum operation on the verge of doubling when we bring the Lucerne pit on stream, Degerstrom is more suited to handling our growth requirements without delays. They also bring a depth of support from mining engineering to metallurgy, which adds a level of internal support to our operations." Part of the strategic advantage of the Degerstrom collaboration is their ability to quickly evaluate the economics of operating the pending acquisitions that the Company is preparing to complete.
World Golf League, Inc.
Fred Funk Joins The World Golf League as Official Spokesman
ORLANDO, Fla., May 10, 2004 (PRIMEZONE) -- The World Golf League, Inc. (OTCBB:WGFL) announced today that Five Time PGA tour winner Fred Funk has signed a one year contract to represent The World Golf League in all of its future television and print advertising campaigns. This will also include personal appearances at major WGL events.
Blyth, Inc. Announces New Long-Term Incentive Program For Key Senior Management
GREENWICH, Conn., May 10, 2004 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, today announced that the Compensation Committee of its Board of Directors approved 2004 grants under the 2003 Long-Term Incentive Compensation Program for the Company's senior business unit leaders and corporate executives. The 2003 Plan was approved by shareholders at Blyth's June 2003 Annual Meeting. The program, which focuses on recognizing and rewarding long-term earnings growth, is intended to align further management's compensation with shareholder interests.
Capital Research Group, Inc
TheSUBWAY.com's Technology Talk Forum: Monday, May 10, 2004: Rates Climb in Anticipation!
WESTON, Fla., May 10, 2004 (PRIMEZONE) -- Stocks ended Friday with sizable losses across the board, after a volatile session that saw all the major averages dip to near-term lows. The Nasdaq Composite closed down 20.83 points, or 0.81%, to 1897.13, while the Dow Jones Industrial Average dropped 82.75 points, or 0.9%, to 10,034.59. The S&P 500 was down 8.44 points, or 0.2%, to 1,088.81.