latest news releases from the newsroom
Metso Updates Its Financial Targets and Dividend Policy
HELSINKI, Finland, Oct. 25, 2006 (PRIMEZONE) -- As a result of Metso's annual strategy process, Metso's Board of Directors has today updated Metso's financial targets and raised the dividend policy. The decision is based on Metso's positive financial development and the continuing favorable market situation. The following new financial targets replace the previous targets set in August 2005:
Metso's Interim Review, January 1 - September 30, 2006
HELSINKI, Finland, Oct. 25, 2006 (PRIMEZONE) -- A news conference will be held today on October 25, 2006 at 1:30 p.m. in Finnish and at 3:00 p.m. in English at Metso's Corporate Office, Fabianinkatu 9 A, Helsinki, Finland. The English-language news conference can be followed on the Internet at www.metso.com.
Avigen Reports Third Quarter 2006 Financial Results
ALAMEDA, Calif., Oct. 25, 2006 (PRIMEZONE) -- Avigen, Inc. (Nasdaq:AVGN) today reported financial results for the three and nine months ended September 30, 2006. At September 30, 2006, Avigen had approximately $75 million in financial assets, including cash, cash equivalents, available-for-sale securities and restricted investments, compared with approximately $80 million at June 30, 2006 and $70 million at December 31, 2005. More complete financial results are set out in detail in the financial tables attached.
Straumann Holding AG
Straumann's Net Revenues Rise 16 Percent in Local Currencies in First Nine Months of 2006
BASEL, Switzerland, Oct. 25, 2006 (PRIMEZONE) -- In the first nine months of 2006, Straumann's net revenue grew 16% in local currencies, or 18% in Swiss francs to CHF 437 million. 15% points of revenue expansion was generated organically with just 1% point contributed by acquisitions. This means that the Group's underlying organic growth increased by approximately 1% point above the same period of 2005, when 5% points were acquisition related. A strengthening of the U.S. dollar and the Euro against the Swiss franc resulted in an overall currency effect on 9-month revenue growth of 2 percentage points.
B2Digital Completes Due Diligence Pursuant to Letter of Intent With Arizona Cable Operation
PHOENIX, Oct. 24, 2006 (PRIMEZONE) -- B2Digital (OTCBB:BTOD) has completed its due diligence regarding its intent to purchase assets of an Arizona cable operation. The Company previously announced the non-binding letter of intent to purchase over 2,000 cable television subscribers in Arizona on September 10, 2006. The Company's next step is to negotiate and execute a definitive agreement. It is the Company's intent to make such purchase with payment for the assets by a combination of cash, common stock, and assumption of the liabilities and debts of the operation. If completed, this transaction will allow the Company to take the first step into an ever-expanding cable television market. Under the new concept, subscribers will be able to view total DVD quality video services along with the HD services that are available. It is the intent of B2Digital to convert the standard cable television network into a streaming television network. B2Digital will also be adding Internet services for the current subscribers by use of the current cable system network. Beyond this concept, B2Digital will expand the Internet services in the near future to offer wireless services within the service area.
GulfMark Offshore, Inc.
GulfMark Offshore, Inc. Announces 3rd Quarter 2006 Earnings Release Date and Conference Call Information
HOUSTON, Oct. 24, 2006 (PRIMEZONE) -- GulfMark Offshore, Inc. (Nasdaq:GMRK) today announced plans to report earnings for the third quarter and nine months ended September 30, 2006, after the market closes on Wednesday, November 1, 2006. The Company will conduct a conference call at 11:30 a.m. EST on Thursday, November 2, 2006, to discuss the results with analysts, investors and other interested parties. Individuals who wish to participate in the conference call should dial (877) 381-5943 in the United States or (706) 679-4543 from outside the country.
Xlibris Releases a Striking New Book About Totalitarian Terror
OTTAWA, Oct. 24, 2006 (PRIMEZONE) -- The war against terror has taken its toll not only on economics and politics but also with human civilization. In today's times, people's civil rights are being violated as governments expand their strategies to protect its citizens from terrorist acts. As such, many today question the ethics and legalities of their leaders who are struggling to keep the nation safe from harm and maintain order. With the release of the timely new novel Where are the Heroes?, author Stephanie Bradley tells an enduring tale that eerily connects with today's events.
Paper Story -- New Mystery Tells of an Unlikely Sleuth's Exciting Quest to Find a Murderer
DOYLESTOWN, Pa., Oct. 24, 2006 (PRIMEZONE) -- A once successful, close-knit family-run paper company, Del Guarini Paper, is suddenly torn apart by a series of gruesome killings. Some think the mob may be involved, but one person knows better. Arthur Van Gloss, the company's chief counsel and an admittedly bad lawyer becomes the unlikely sleuth who investigates the killings. Follow the trail of clues with author Philip J. Gimson in the intriguing novel Paper Story.