latest news releases from the newsroom
BarZ Adventures Inc.
Key West Florida is First Cruise Port to Offer BarZ Adventures' GPS Ranger Multimedia Tours for Shore Excursions
KEY WEST, Fla., April 23, 2008 (PRIME NEWSWIRE) -- Key West abounds with history, culture and interesting sites; now a self-paced multimedia tour brings all the elements together for shore excursion visitors and others to enjoy a comprehensive experience of the island. Go GPS Tours, LLC of Key West, Fla., founded by a management team including famed entrepreneur Pat Croce, partnered with BarZ Adventures Inc., the foremost provider of GPS-enabled multimedia tours for parks, zoos and cities, to create the three-hour historic tour.
Legacy Reserves LP
Legacy Reserves LP Announces Increase in Quarterly Cash Distribution
MIDLAND, Texas, April 23, 2008 (PRIME NEWSWIRE) -- Legacy Reserves LP (Nasdaq:LGCY) today announced that the board of directors of its general partner has approved a cash distribution attributable to the first quarter of 2008 of $0.49 per unit, payable on May 15, 2008 to unitholders of record at the close of business on May 5, 2008. This increased quarterly distribution represents an annualized distribution of $1.96 per unit. This quarterly distribution of $0.49 per unit represents a $0.04, or an 8.9%, increase over the quarterly distribution paid with respect to the previous quarter.
Northrop Grumman Corp.
Northrop Grumman Receives Contracts Totaling $252 Million for the F-22 Raptor Fighter Jet Program
SAN DIEGO, April 23, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) has received multiple contracts totaling $252 million from Lockheed Martin since Jan. 1, 2008 for the communications, navigation and identification (CNI) subsystem of the U.S. Air Force's F-22 Raptor fighter program. The awards include F-22 Production Lots 7, 8, 9 and spares, and modernization efforts for the CNI systems.
Quanex Building Products Corporation
Quanex Announces Completion of Spin-off and Merger
HOUSTON, April 23, 2008 (PRIME NEWSWIRE) -- Quanex Corporation (NYSE:NX), an industry-leading manufacturer of value-added engineered materials and components for the vehicular products and building products markets, announced today the completion of the spin-off of its Building Products business to its stockholders and the subsequent merger of Quanex with a subsidiary of Gerdau S.A. In the spin-off, Quanex stockholders received one share of Quanex Building Products Corporation (NYSE:NX) for each share of Quanex Corporation owned on the record date of April 23, 2008. For the merger consideration, shareholders of record received $39.20 per share.
Crown Castle International Corp.
Crown Castle International Announces First Quarter 2008 Results and CEO and CFO Succession Plan
HOUSTON, April 23, 2008 (PRIME NEWSWIRE) -- Crown Castle International Corp. (NYSE:CCI) today reported results for the quarter ended March 31, 2008 and announced that the Board of Directors has approved a succession plan for its Chief Executive Officer and Chief Financial Officer. Effective July 1, 2008, Ben Moreland, currently Crown Castle's Executive Vice President and Chief Financial Officer, will become Crown Castle's President and Chief Executive Officer; and Jay Brown, currently Crown Castle's Vice President and Treasurer, will become Crown Castle's Senior Vice President and Chief Financial Officer. John Kelly, currently Crown Castle's President and Chief Executive Officer, will remain in an executive position as Executive Vice-Chairman of the Board of Directors.