latest news releases from the newsroom
Toll Brothers, Inc.
Toll Brothers Announces Executive Transactions in Shares
HORSHAM, Pa., Dec. 10, 2007 (PRIME NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL) (www.tollbrothersinc.com), the nation's leading builder of luxury homes, today announced that, on December 10, 2007, Robert I. Toll, its chief executive officer, exercised stock options for 960,000 shares of the Company's common stock that were issued ten years ago and were to expire on December 30, 2007. After the Company's trading window opened, Mr. Toll sold that portion of the option shares necessary to pay the option exercise price and taxes on the exercise, and retained the balance of the shares for investment. As a result, he has increased his ownership in the Company by 374,658 shares. After the transaction, he beneficially owns approximately 29,123,000 shares of common stock (including options exercisable within 60 days).
FuelCell Energy, Inc.
FuelCell Energy Reports Fourth Quarter and Fiscal Year 2007 Results and Latest Accomplishments
DANBURY, Conn., Dec. 10, 2007 (PRIME NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq:FCEL), a leading manufacturer of high efficiency, ultra-clean power plants using a variety of fuels for commercial, industrial, government and utility customers, today reported results and accomplishments for its fourth quarter and fiscal year ended October 31, 2007.
Carthew Bay Technologies Inc.
Carthew Bay Technologies Signs Letter of Intent For a Reverse Takeover Transaction
TORONTO, Dec. 10, 2007 (PRIME NEWSWIRE) -- Carthew Bay Technologies Inc. (OTC Bulletin Board:CWBYF) (the "Company" or "CBT"), formerly Astris Energi Inc., announced today that it has executed a Letter of Intent ("LOI") with Colorep Inc. ("Colorep"), relating to a transaction whereby shares of CBT will be exchanged for all of the issued and outstanding shares of Colorep ("RTO").
Nalco Enters Rapid-Growth, Global Air Pollution Control Market by Acquiring Majority Interest in Mobotec USA, Inc.
NAPERVILLE, Ill., Dec. 10, 2007 (PRIME NEWSWIRE) -- Nalco Holding Company (NYSE:NLC), announced today the acquisition of an 87.5 percent interest in Mobotec USA, Inc., a leading provider of combustion optimization and emission reduction capabilities including engineering, equipment and chemistry for industrial and utility boilers. Mobotec offers a wide range of solutions that save energy and reduce many critical pollutants, including greenhouse gases, nitrogen and sulfur oxides (NOx /SOx), mercury, hydrogen chloride and particulates. They provide a customized, practical approach that assures cost-effective environmental performance improvement.
Keep Thousand Oaks Traffic Moving Committee
Traffic Initiative Supporters Turn in Over 15,000 Signatures
THOUSAND OAKS, Calif., Dec. 10, 2007 (PRIME NEWSWIRE) -- Proponents of Thousand Oaks' "Right to Vote on Traffic Congestion Initiative" needed fewer than 30 of the allotted 180 days to present 15,542 signatures of Thousand Oaks voters to the City Clerk. This is well over the 15% of registered voters, or a minimum of 10,540 signatures, which were needed to qualify this measure for placement on the June 2008 ballot.
Sage Global Solutions
Sage Global Announces Acquisition and Major Corporate Changes
IRVINE, Calif., Dec. 10, 2007 (PRIME NEWSWIRE) -- Sage Global Solutions, Inc. (Pink Sheets:SGGL) (Frankfurt Stock Exchange:WKN A0J265) (Frankfurt:Q9A) announced today that it will acquire PrimeStar Marketing Inc. as part of a strategic move to restructure the company's business plan. Under the new plan, the company will divest itself of some of its mortgage and insurance service operations to focus on providing essential money services to the insurance carriers, third party administrators, self-insured benefit trusts, and consumers with limited access to banking services. PrimeStar's innovative services will enable insurance carriers and other businesses to achieve effective business process improvements. For individual consumers, PrimeStar's products and services can deliver immediate cost and time savings.