latest news releases from the newsroom
Coastal Holdings, Inc.
Coastal Holdings, Inc. Retains Accounting Firm to Prepare Audited Financial Statements
HOUSTON, Oct. 26, 2004 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge technology holding company, today announced that it has retained Pollard Kelley Auditing Services Inc. to prepare audited financial statements for the Company. Once the financial audit and statements have been completed, they will be made public. CEO Andrea Cortellazzi stated: "This is a major step forward in enhancing our ability to meet our stated goals of expanding our Company by acquisitions."
Six New Members Named to Oneida Ltd. Board of Directors
ONEIDA, N.Y., Oct. 26, 2004 (PRIMEZONE) -- Oneida Ltd. (OTCBB:ONEI) today announced that the company's Board of Directors has appointed six new members in a reorganization of the Board. Oneida previously stated, in a Form 8-K report filed on August 19, 2004, that the Board of Directors would be reorganized.
Tyler Pipe Strengthens Community Connection
TYLER, Texas, Oct. 26, 2004 (PRIMEZONE) -- Tyler Pipe Company, a leading supplier to the nation's water companies, utility purveyors, and wastewater treatment industry, today announced that it has established a Community Advisory Panel (CAP) to enhance its connection with the community.
Northwest Bancorporation, Inc.
Northwest Bancorporation, Inc. Announces Third Quarter Financial Information
SPOKANE, Wash., Oct. 26, 2004 (PRIMEZONE) -- Northwest Bancorporation, Inc. (OTCBB:NBCT) President & CEO Randall Fewel announced today that net income for the quarter ended September 30, 2004 was $557,029; this is a 10.1% improvement when compared to net income of $505,996 earned in the third-quarter of 2003. Fully diluted earnings per share improved to $0.27 for the current quarter, compared to $0.25 per share for the quarter ended September 30, 2003. Nine-month, year-to-date earnings have improved 9.2%, to $1,400,308 this year, up from $1,282,773 in 2003, with fully diluted earnings per share of $0.69 in 2004, compared to $0.64 for the same period last year. Prior-year results have been adjusted to incorporate the effect of a five-percent stock dividend paid in June 2004. For the current year, annualized return on average assets is 0.87% and annualized return on average equity is 9.89%. Total assets for the company were $220 million on September 30th, an increase of 9.1% when compared to the same date last year.
Pure Capital Incorporated
Universal Domains, Inc. Announces Name Change, Reverse Stock Split and Symbol Change
NANAIMO, British Columbia, Oct. 26, 2004 (PRIMEZONE) -- Pure Capital Incorporated (formerly known as Universal Domains, Inc.) (OTCBB:UDCCF) (OTCBB:PUCIF) announced that effective on October 12, 2004, the Company changed its name to Pure Capital Incorporated ("Pure Capital"), a name which is more in line with the company's future operational business prospects. In addition, and also effective on October 12, 2004, Pure Capital's stock was reverse split at a ratio of one for forty (1:40) and its ticker symbol changed from "UDCCF" to "PUCIF."
Dobson Communications Corporation
Dobson Communications Announces Possible Increase in Size of Proposed Debt Offering
OKLAHOMA CITY, Oct. 26, 2004 (PRIMEZONE) -- Dobson Cellular Systems, Inc., a wholly owned subsidiary of Dobson Communications Corporation (Nasdaq:DCEL), today announced that it is considering increasing the size of its previously announced private offering of $700 million aggregate principal amount of its Senior Secured Notes due 2011 and Senior Secured Notes due 2012, to up to $825 million aggregate principal amount. Any such increase would be effected by means of an increase in the aggregate principal amount of Senior Secured Notes due 2012 above the $200 million level previously announced, with the aggregate principal amount of Senior Secured Notes due 2011 remaining unchanged at $500 million. The additional proceeds of up to $125 million aggregate principal amount would be used by Dobson Communications Corporation for the repurchase of outstanding indebtedness of Dobson Communications Corporation in one or more privately negotiated repurchases. The indebtedness to be repurchased would be expected to include a portion of Dobson Communications Corporation's outstanding 10-7/8% Notes due 2010 and/or its 8-7/8% Notes due 2013.
Technology Investment Partners Announces New Brand, New Web Site
AUBURN HILLS, Mich., Oct. 26, 2004 (PRIMEZONE) -- Technology Investment Partners, LLC, an Oakland County technology finance firm, is pleased to announce its new corporate brand, TIP Capital. The new name was selected to better reflect the broad scope of products and services offered by the company.