latest news releases from the newsroom
Vostok New Ventures Ltd.
Vostok Nafta: NET ASSET VALUE OF VOSTOK NAFTA INVESTMENT LTD AS OF NOVEMBER 28, 2008
Net asset value per share: USD: 6.23, SEK: 50.47
Change in net asset value (USD/share) November 2008: -6.71%
RTS index development, November 2008: -14.90%
Three largest holdings, November 28, 2008 (Share of stockholdings):
1. Black Earth Farming 24.8%
2. Tinkoff Credit Systems 14.3%
3. RusForest 12.8%
Vostok Nafta’s estimated net asset value as of November 28, 2008 amounted to
approximately USD 286.77 mln (SEK 2,322.64 mln according to USD/SEK 8.0993).
Net debt a
XOMA Provides Clinical Plan Update On Diabetes Drug Candidate
BERKELEY, Calif., Dec. 10, 2008 (GLOBE NEWSWIRE) -- XOMA Ltd. (Nasdaq:XOMA) announced that it has accelerated its plans to initiate a Phase 2 clinical trial of its antibody drug candidate, XOMA 052, for the treatment of Type 2 diabetes, in the second quarter of 2009. The decision to proceed into Phase 2 is based on ongoing Phase 1 results in humans with Type 2 diabetes and on new preclinical findings. Notably, these preclinical results indicate that animals treated with XOMA 052 have increased insulin production and proliferation of insulin-producing islet cells. They also show decreased islet cell death, reduced peripheral insulin resistance and lower cholesterol levels. There was an absence of weight gain and hypoglycemic events.
Virgin America Opens Stylish New Doors At LAX Terminal 3
SAN FRANCISCO, Dec. 10, 2008 (GLOBE NEWSWIRE) -- Virgin America, the California-based airline that is reinventing domestic travel, is celebrating the move to its beautifully designed new location at Los Angeles International Airport's (LAX) Terminal 3, with a special ribbon-cutting ceremony and champagne toast for guests and airport leadership. Virgin America partnered with the airport and Los Angeles-based architects Rivers & Christian (with Lundberg Design of San Francisco) to create a chic and modern new ticket counter and boarding experience that reflects the carrier's innovative and environmentally-sensitive design sensibilities, with a nod to the airport's original early-1960s architecture.
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Hosts Fourth USO Care Package Stuffing Party
BUFFALO, N.Y., Dec. 10, 2008 (GLOBE NEWSWIRE) -- More than 220 employees, friends and family members showed their support for U.S. troops serving overseas as Northrop Grumman Corporation's (NYSE:NOC) Amherst Systems business unit hosted a United Service Organization (USO) Care Package Stuffing Event.
Foundry Networks, Inc.
Renowned Scientific Research Institute GSI Utilizes Foundry to Power Particle Accelerator HPC Network
SANTA CLARA, Calif. and DARMSTADT, Germany, Dec. 10, 2008 (GLOBE NEWSWIRE) -- Foundry Networks(r), Inc. (Nasdaq:FDRY), a performance and total solutions leader for end-to-end switching and routing, today announced the German-based Gesellschaft fur Schwerionenforschung (GSI) selected its high-performance computing (HPC) networking solution for its a uncompromised performance, efficiency and value. Foundry's 10 gigabit Ethernet (10GbE) switching solution for the GSI's particle accelerator network and facility allows wire-speed handling of the enormous volume of data resulting from experiments with the GSI's own revolutionary particle accelerator and with the Large Hadron Collider at CERN in Geneva.