latest news releases from the newsroom
Hugin Ad Hoc Announcement According to Sec. 15 WpHG: Pure Forecast: MorphoSys AG: MorphoSys Raises Financial Guidance for 2006
MARTINSRIED, Germany, July 27, 2006 (PRIMEZONE) -- MorphoSys AG (Frankfurt:MOR) (Prime Standard Segment, TecDAX) today provided an increased guidance for the financial year 2006. On the basis of new collaborations and the expansion of the collaboration with Novartis, an outperformance of revenues versus guidance was identified for the current year in the amount of up to EUR 2 million, which could increase 2006 revenues from EUR 50 million to up to EUR 52 million. Scope for reduction on expense guidance for the full year was also given, with a decrease in expenses of up to EUR 3 million, which could decrease expenses for the full year 2006 from EUR 49 million to EUR 46 million. The impact of these changes could result in earnings before interest and taxes (EBIT) of up to EUR 6 million. Future Company financial guidance will be provided on an EBIT basis only. For comparative purposes, non-operating expenses are estimated at approx. EUR 1 million, resulting in a potential net profit of up to EUR 5 million (original guidance: EUR 1 million).
U.S. Mine Makers, Inc.
Nitro Lube, Inc. Partners With Canadian Truck Driver Jobs
LANGLEY, British Columbia, July 27, 2006 (PRIMEZONE) -- Nitro Lube, Inc. (Pink Sheets:NTLB) announced today that it has entered into an agreement with "Canadian Truck Driver Jobs" for the promotion of all Nitro Lube products throughout Canada via its website, www.cdntrucking.com. Canadian Truck Driver Jobs is the most prominent trucking job placement company in Canada. "The Nitro Lube banner will remain an important part of the www.cdntrucking.com site for a very long time, not only to steer customers to our site but to constantly remind truckers of the value of our products to them and their equipment," stated Jason Rite, Nitro Lube's President and CEO.
InRob Tech Ltd.
InRob to Deliver First Products Involving Its Project with Caterpillar and Ramta
LAS VEGAS, July 27, 2006 (PRIMEZONE) -- InRob Ltd. ("InRob") (OTCBB:IRBL), a leader in the development and production of advanced wireless control systems and integrated solutions for unmanned ground vehicles (UGV), today announced that the first products for a development project involving Caterpillar, Ramta and InRob, are in their final stages of production and anticipates imminent delivery.
SmallCapReview Names Tam of Henderson as New 'Focus Stock'
CHARLOTTE, N.C., July 27, 2006 (PRIMEZONE) -- SmallCapReview.com (http://www.SmallCapReview.com), a leading small-cap stock information site, is pleased to introduce Tam of Henderson (OTCBB: TMHN) to its database of subscribers and its website audience. Tam of Henderson, through its wholly owned subsidiary, Yu Zhi Lu Aviation Service Company Ltd. ("YZL"), is engaged in travel services pertaining to domestic and international lines through Hong Kong, Macau, and Taiwan.
Old National Bancorp
Old National Reports Second-Quarter Earnings of $20.2 Million, or $.30 Per Share; Year-to-Date Earnings Per Share Increase 3.4% Over 2005
EVANSVILLE, Ind., JULY 27, 2006 (PRIMEZONE) -- Old National Bancorp (NYSE:ONB) today reported earnings of $20.2 million, or $.30 per share, for the second quarter of 2006, down $.01 from the $.31 per share earned in the first quarter of the year. Old National had no discontinued operations to report for the second quarter. Earnings from continuing operations and net income for the second quarter of 2005 were $24.7 million, or $.37 per share, and $25.2 million, or $.37 per share, respectively.
Friendly Energy Corporation
Friendly Energy Drilling Update July 27, 2006: North Asher No. 1 Prospect
CARSON CITY, Nev., July 27, 2006 (PRIMEZONE) -- Friendly Energy Corp. (Pink Sheets:FDEG) reports today that the drilling has attained a total depth of approximately 3300 feet as of July 26th. The progress has been slowed due to mechanical difficulties with the State-required environmentally protective "Closed Tank System" and a mud-pump failure which cost a total of twenty-one hours of drilling time over the last forty-eight hours. The company's joint venture partner, D-Mil Productions reports that the drilling has proceeded, without delay since repair, with three crews working eight hours per shift, twenty-four hours per day. It is anticipated that the well logging will begin late Sunday or early Monday as previously reported, delayed marginally by the drill rig down time.