latest news releases from the newsroom
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Thursday, May 6, 2004: LPLHA, GWDL, NT, MSFT
WESTON, Fla., May 6, 2004 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Focus List: LocatePlus Holdings Corp. (OTCBB:LPLHA), Gateway Distributors Ltd. (OTCBB:GWDL), Nortel Networks Corp. (NYSE:NT), Microsoft Corporation (Nasdaq:MSFT).
World Associates Inc
World Associates. Inc. -- Housing Market Report -- California 1st Quarter 2004
LOS ANGELES, May 6, 2004 (PRIMEZONE) -- World Associates, Inc. (OTCBB:WAIV) (Berlin Stock Exchange:GK5), is structured to respond swiftly to changes in the volatile California housing market. Through its wholly owned affiliate, Superior Real Estate Inc. (Superior), World puts up good quality, reasonably priced homes on lots in established residential communities and carries out the entitlement of raw land for community development. In the first quarter World implemented a low-risk, high-yield investment plan that allows individuals to participate in its Infill Housing Program at a level traditionally reserved for institutional investors.
FindProfit.com Looks at Telecom Sector Weakness
PRINCETON, N.J., May 6, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of the telecommunications sector, including coverage of Ciena (Nasdaq:CIEN) and Redback Networks (Nasdaq:RBAK).
Sagient Research Systems
PlacementTracker Publishes Q1 2004 PIPE Market League Tables
SAN DIEGO, May 6, 2004 (PRIMEZONE) -- Sagient Research Systems (OTCBB:PCSR), a leading publisher of independent research for the financial services and institutional investment communities, today announced that Roth Capital Partners, LLC ranked No. 1 in the PIPE market in the first quarter of 2004 for both total dollars raised and number of transactions. Published by Sagient Research's PlacementTracker service, the Q1 2004 PIPE Market League Tables ranked Banc of America Securities, LLC and Rodman and Renshaw, LLC as No. 2 and No. 3 respectively by total dollars raised. Rodman and Renshaw, LLC and SG Cowen Securities Corporation ranked No. 2 and No. 3 respectively in number of PIPE transactions. PlacementTracker, a flagship product of Sagient Research Systems, is well recognized as the leading provider of research, data, and analytics covering the PIPE market.
KLM -- audio interview with CFO
AMSTELVEEN, The Netherlands, May 6, 2004 (PRIMEZONE) -- KLM -- interim results. Audio interview available now on www.cantos.com with Rob Ruijter, Chief Financial Officer (KLM.AS) (NYSE:KLM)
FTS Wireless, Inc.
FTS Group Signs Agreement to Acquire Profitable Privately Held Pre-Paid Company with Annual Revenues of $11.7 Million
LEVITTOWN, Pa., May 6, 2004 (PRIMEZONE) -- FTS Group, Inc. (OTCBB:FLIP) today announced that the company has signed an agreement to purchase 100% of the outstanding shares of a profitable Midwest based company engaged in the prepaid industry. The target company posted annual revenue of approximately $11.7 million US for 2003 and generated cash flow of approximately $400,000; the Company has been profitable for 4 years running. Due to the non-disclosure agreements, the name of the target Company and details of the transaction has been withheld.