latest news releases from the newsroom
Port of Houston Authority
Fonteno Re-Appointed to PHA Commission
HOUSTON, Nov. 10, 2005 (PRIMEZONE) -- By a unanimous vote, the Harris County Commissioners Court has reappointed James W. Fonteno, Jr. to the Port of Houston Authority (PHA) Commission. He was initially appointed to the Port Commission in January 1999. PHA commissioners serve two-year terms without pay.
SYSCO Increases Quarterly Dividend Payment 13.3 Percent and Announces 20-Million Share Repurchase Program
HOUSTON, Nov. 10, 2005 - SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, today announced that the company's Board of Directors has approved a 13.3 percent increase in the quarterly cash dividend to $0.17 per share from the current $0.15 per share. The new dividend, which was declared today, is the 143rd consecutive announced payout by the company and is payable on January 27, 2006, to common shareholders of record at the close of business on January 6, 2006.
Enigma Software Group, Inc.
Enigma Software Group, Inc. Announces Financial Results for Third Quarter and Nine Months, Fiscal 2005
NEW YORK, Nov. 10, 2005 (PRIMEZONE) -- Enigma Software Group, Inc. (OTCBB:ENGM) ("Enigma") today announced its financial results for the third quarter of fiscal 2005, which ended September 30, 2005 and also for the nine-month period then ended. Enigma, which formerly had been known as Maxi Group, Inc., ("Maxi") is a developer of an Internet-based search network and downloadable security software products.
ATA Airlines, Inc.
ATA Holdings Identifies Investor to Support Chapter 11 Exit
INDIANAPOLIS, Nov. 10, 2005 (PRIMEZONE) -- ATA Holdings Corp. (the "Company") (Pink Sheets:ATAHQ), the parent of ATA Airlines, Inc., today filed with the U.S. Bankruptcy Court a motion to approve an agreement in principle with private equity fund MatlinPatterson Global Opportunities Partners II ("MatlinPatterson") for debtor-in-possession ("DIP") financing in the amount of $30 million. In addition to DIP financing, MatlinPatterson has tendered a commitment to invest up to an additional $70 million in equity upon ATA's emergence from its Chapter 11 case. The financing is subject to U.S. Bankruptcy Court and government approvals and certain other customary conditions.
IElement Corporation Announces Third Quarter Sales
DALLAS, Nov. 10, 2005 (PRIMEZONE) -- IElement Corporation (OTCBB:IELM) (Frankfurt:SZQ1), a nationwide provider of advanced communications services and Voice over Internet Protocol (VoIP) solutions, announced today that third quarter customer renewals and new sales topped estimates and totaled $1,316,683. This contracted revenue will be earned over the next 12-36 months based on the duration of the new agreement each customer has signed with IElement.
Wolverine Tube Inc.
Wolverine Tube Announces Change in CFO
HUNTSVILLE, Ala., Nov. 10, 2005 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) announces the resignation of Thomas B. "Tom" Sabol as Senior Vice President, Chief Financial Officer and Secretary, and the appointment of James E. "Jed" Deason to the position of Senior Vice President, Chief Financial Officer and Secretary. Mr. Sabol resigned his position, effective November 4, 2005, to pursue other career interests.
Izard Nobel LLP
Schatz & Nobel, P.C. Announces Class Action Lawsuit Against Blockbuster, Inc.
HARTFORD, Conn., Nov. 10, 2005 (PRIMEZONE) -- The law firm of Schatz & Nobel, P.C., which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been filed in the United States District Court for the Northern District of Texas on behalf of all persons who acquired the publicly traded securities of Blockbuster, Inc. (NYSE:BBI) pursuant to the Company's exchange offer of Viacom, Inc. ("Viacom") stock for 144 million common shares of Blockbuster (the "Exchange Offer"), and on behalf of those who purchased Blockbuster shares in the open market between September 8, 2004 and August 9, 2005, inclusive (the "Class Period").