latest news releases from the newsroom
AVL Global Inc.
AVL Global, Inc. Announces New Institutional Support
FT. GRATIOT, Mich., Dec. 30, 2004 (PRIMEZONE) -- AVL Global, Inc. (Pink Sheets:AVLL), a Nevada Corporation, is pleased to announce that it has received an offer from Hong Ling Venture Capital Corp. and Worldwide China Securities Corp. to assist with funding and market support in Taiwan.
Volvo named bus of the year
GOTEBORG, Sweden, Dec. 30, 2004 (PRIMEZONE) -- Volvo Buses' B12M chassis has been named the Brazilian bus of the year. The chassis is available as a bi-articulated bus, which, at 26.8 metres long, is the world's longest bus.
Emerson Poynter LLP
Emerson Poynter LLP Files Class Action Suit Against Pfizer Inc. On Behalf of Investors -- PFE
LITTLE ROCK, Ark., Dec. 29, 2004 (PRIMEZONE) -- Emerson Poynter LLP (www.emersonpoynter.com), a national law firm with offices in Houston, TX, Little Rock, AR, and Seattle, WA, announced today that a class action has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of Pfizer Inc. ("Pfizer") (NYSE:PFE) publicly traded securities during the period between October 31, 2000 and December 16, 2004 (the "Class Period").
Horizon Offshore Inc.
Horizon Offshore Announces Signing of Major Pipeline Installation Contract, Update Regarding Proposed Recapitalization and Refinancing of Indebtedness and Recording of Charges and Additional Impairments
HOUSTON, Dec. 29, 2004 (PRIMEZONE) -- Horizon Offshore, Inc. (NASDAQ:HOFF) announced today that its subsidiary, Horizon Marine Construction, Ltd., has signed a contract with West Africa Gas Pipeline Company Limited (WAPCo) for the installation of the West Africa Gas Pipeline. WAPCo is a consortium of ChevronTexaco, Shell Overseas Holdings Ltd., Nigerian National Petroleum Corporation, and Takoradi Power Company Limited of Ghana. The project calls for the installation of a 20" main gas transportation pipeline which extends 579 kilometers (approximately 360 miles) from Lagos, Nigeria to Takoradi, Ghana and runs along the coastlines of Togo and Benin with feeder spur lines to each of those countries. The project planning and preparation will begin immediately with contract completion expected in October 2006. Horizon plans to use the DLB SEA HORIZON and LB BRAZOS HORIZON to perform the project. The award of the contract brings Horizon's backlog to approximately $179 million.
CALAMOS Asset Management, Inc.
Calamos Asset Management, Inc. Announces First Quarterly Dividend and Plans for International Growth Fund in 2005
NAPERVILLE, Ill., Dec. 29, 2004 (PRIMEZONE) -- Calamos Asset Management, Inc. (Nasdaq:CLMS) today announced a quarterly dividend for the fourth quarter of 2004 of $.07 per share payable on Feb. 1, 2005 to shareholders of record as of Jan. 17, 2005. This is the first quarterly dividend for Calamos Asset Management, Inc., which completed its initial public offering on Oct. 27, 2004.
Avenue Group, Inc.
Avenue Group, Inc. Announces Results of the 2004 Annual Meeting of Stockholders
ENCINO, Calif., Dec. 29, 2004 (PRIMEZONE) -- Avenue Group, Inc. (OTCBB:AVNU) (the "Company") announced today that at the Company's 2004 Annual Meeting of Stockholders held on December 23, 2004, the shareholders approved the proposals put forth by the Company. At the Annual meeting, the shareholders re-elected the three incumbent Board nominees: Levi Mochkin, Jim Tan and Jonathan Herzog to serve as directors for a one-year term ending at the Company's next annual meeting of shareholders and their successors are duly elected and qualified. The shareholders also ratified the Company's selection of the firm Weinberg & Company P.A. as the Company's independent accountants for the year ending December 31, 2004.