latest news releases from the newsroom
Paragon Real Estate Equity and Investment Trust
Paragon Files Form 8-K for Bylaw Amendment
CLEVELAND, Oct. 20, 2005 (PRIMEZONE) -- Paragon Real Estate Equity and Investment Trust (AMEX:PRG) filed with the Securities and Exchange Commission a current report on Form 8-K for an amendment to its bylaws that the board of trustees approved at a recent meeting to allow Paragon to issue its shares without a physical certificate. The amendment is in accordance with Maryland General Corporation Law Section 8-203. This change does not affect shares already in certificate form until they are surrendered to Paragon's stock transfer agent.
Five Sparrows LLC
MIR Preclinical Services Highlights Imaging Technologies at Major U.S. Exhibits in November, 2005
ANN ARBOR, Mich., Oct. 20, 2005 (PRIMEZONE) -- MIR Preclinical Services (MIR) is pleased to announce that it will be highlighting its high resolution small animal PET, preclinical MRI, in vivo micro-CT, and in vivo bioluminescence and fluorescence imaging technologies at two major conference exhibits in November. The first exhibit will be at the annual meeting of the American Association of Pharmaceutical Scientists (AAPS), November 7-9 in Nashville, TN. The second exhibit will be at the 17th annual EORTC-NCI-AACR Symposium on "Molecular Targets and Cancer Therapeutics", November 15-17 in Philadelphia, PA. These technologies are described below:
Nord Resources Corporation
Nord Resources Updates Activities
DRAGOON, Ariz., Oct. 20, 2005 (PRIMEZONE) -- Nord Resources Corporation (Pink Sheets:NRDS) is pleased to announce that it has recently completed a mezzanine financing in the amount of $2.85 million with a private firm. The proceeds from the mezzanine financing will replace an existing, outstanding debt facility which would have matured and become due on October 19, 2005.
Oakley Appoints New Chief Financial Officer
FOOTHILL RANCH, Calif., Oct. 20, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced that it has appointed Richard J. Shields, CPA, as its chief financial officer effective November 3, 2005. Mr. Shields, 48, will oversee the company's finance and accounting functions bringing more than 20 years of senior financial experience to his new role. He will report directly to chief operating officer Link Newcomb.
Oakley Posts 29 Percent Increase In Earnings Per Share On Record Quarterly Net Sales Of $173.4 Million
FOOTHILL RANCH, Calif., Oct. 20, 2005 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced that net sales increased 15.6 percent, net income grew 31.6 percent and earnings per share increased 29.4 percent in its third quarter ended September 30, 2005 compared to the same period in 2004. Net sales grew to a quarterly record $173.4 million compared with $150.0 million in the third quarter of 2004. Net income for the third quarter totaled $15.0 million, or $0.22 per diluted share, compared with net income of $11.4 million, or $0.17 per diluted share, earned in the third quarter of 2004.
Skinny Nutritional Corp.
Creative Enterprises International, Inc. Announces National Distribution Deal with GNC
NEW YORK, Oct. 20, 2005 (PRIMEZONE) -- Creative Enterprises International, Inc., (Pink Sheets:CEII) announces the introduction of its new product, Jana Skinny Water (www.skinnywater.com) into 600 GNC stores nationwide. GNC (www.gnc.com) will debut Jana Skinny Water in its "A-stores" for availability beginning this week. Also commencing today, a radio campaign on Z100 FM, New York's number one radio station targeting woman 18-49 years of age, began branding Jana Skinny Water in the New York metropolitan market.
Biacore: Extraordinary Meeting of Shareholders
UPPSALA, Sweden, Oct. 20, 2005 (PRIMEZONE) -- Biacore International AB (Stockholm:BCOR) announces that today's extraordinary meeting of shareholders was attended by 18 shareholders, representing 52 percent of the total number of shares and votes in the company.