latest news releases from the newsroom
Avantair Announces New Membership Club
CLEARWATER, Fla., Jan. 21, 2009 (GLOBE NEWSWIRE) -- Avantair, Inc. (OTCBB:AAIR) (OTCBB:AAIRU) (OTCBB:AAIRW), the only publicly traded stand-alone fractional operator and the sole North American provider of fractional shares in the Piaggio Avanti aircraft, today announced it is offering a new program, unprecedented in the fractional industry. The membership program - 'The Axis Club' - will allow a customer to access flight blocks of 25 hours at a set rate for a three-year term. Tiered membership options are available to fit the flight needs of the customer. In addition, conversion options into a fractional share are also available, should a customer's needs change throughout the course of the term.
Shepherd Smith Edwards & Kantas
Shepherd, Smith, Edwards & Kantas to File $30 Million Claim Against UBS International for Latin American Client
HOUSTON, Jan. 21, 2009 (GLOBE NEWSWIRE) -- Shepherd, Smith, Edwards & Kantas LLP (www.sseklaw.com), a firm specializing in litigation/arbitration involving securities fraud and brokerage firm misconduct, is preparing to file an arbitration claim on behalf of a client of UBS International ("UBSI") through the Financial Industry Regulatory Authority (www.FINRA.org), formerly the National Association of Securities Dealers ("NASD"). The investigation of claims for the client has uncovered that he suffered almost thirty million dollars in losses within a six month time period while his accounts were with UBSI. Specifically, the allegations center around the use of loans, including through UBS AG bank, to purchase securities such as stocks or mutual funds and to fund unnecessary life insurance products. In addition, the investigation has uncovered that some of the loans were obtained through the use of a foreign currency contracts based on the Japanese Yen.
BioForm Medical, Inc.
BioForm Medical to Announce Financial Results for the Quarter Ended December 31, 2008 On February 5, 2009
SAN MATEO, Calif., Jan. 21, 2009 (GLOBE NEWSWIRE) -- BioForm Medical, Inc. (Nasdaq:BFRM) announced that on Thursday, February 5, 2009, it will report its financial results for the quarter ended December 31, 2008, which is its second quarter of fiscal year 2009. The Company will issue the earnings press release after the NASDAQ Global Market closes and will hold a conference call with investors at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Oriens Travel & Hotel Management Corp.
Oriens Signs Service Contract With Tourism Chamber of Guanacaste, Costa Rica
LAS VEGAS, Jan. 21, 2009 (GLOBE NEWSWIRE) -- Oriens Travel and Hotel Management Corp. (Pink Sheets:OTHM) (http://www.orienscorp.com), a company that seeks out mid/lower-end hotel properties in developing countries and re-organizes them under the Hotel PURE brand (www.HotelPURE.com), is pleased to announce the service contract consummated with the Tourism Chamber of Guanacaste, Costa Rica, to service all incoming visitors into the Liberia International Airport of their travel needs.
Ashland Inc. Announces Webcast of Fiscal First-Quarter Earnings Presentation
COVINGTON, Ky., Jan. 21, 2009 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE:ASH) today announced that on Tuesday, Jan. 27, at 9 a.m. (EST), it will conduct a live webcast of its first-quarter earnings presentation to the investment community. The presentation will cover results for the quarter ended Dec. 31, 2008, the first quarter of Ashland's 2009 fiscal year. The company's results will be issued earlier in the day.