latest news releases from the newsroom
Delta Air Lines, Inc.
Delta Air Lines Achieves Record March Load Factors
ATLANTA, April 4, 2007 (PRIME NEWSWIRE) -- Delta Air Lines today reported a record March consolidated system load factor of 83.0 percent, record mainline system load factor of 83.7 percent, and record total domestic load factor of 83.6 percent. In addition, on March 31, Delta recorded new all-time daily record load factors of 98.1 percent in the mainline Atlantic and 93.0 percent in mainline Latin entities.
NFJ Dividend, Interest & Premium Strategy Fund
NFJ Dividend, Interest & Premium Strategy Fund Reports Results for the Fiscal Quarter and Year Ended January 31, 2007
NEW YORK , April 4, 2007 (PRIME NEWSWIRE) -- NFJ Dividend, Interest & Premium Strategy Fund (the "Fund") (NYSE:NFJ), a closed-end management investment company which seeks current income and gains, with a secondary objective of long-term capital appreciation, today announced its results for the fiscal quarter and year ended January 31, 2007.
MedAvant's Phoenix System Receives CORE Certification
ATLANTA, April 4, 2007 (PRIME NEWSWIRE) -- MedAvant Healthcare Solutions (MedAvant) (Nasdaq:PILL), a leader in healthcare technology and transaction services, today announced that its Phoenix(SM) processing system received certification for its real-time and batch processing, validating its interoperability and power to give healthcare providers real-time eligibility and benefits information.
Vertical Branding, Inc.
Vertical Branding, Inc. Announces Preliminary 1st Quarter Sales Results
LOS ANGELES, April 4, 2007 (PRIME NEWSWIRE) -- Vertical Branding, Inc. (OTCBB:VBDG), a consumer products branding, marketing and distribution company, announced today that it expects to report its third consecutive quarter of triple-digit sales growth for the quarter ended March 31, 2007. The company released preliminary consolidated revenue figures of approximately $13 million for the first quarter of 2007, which represents a 250% revenue increase over the same quarter of the prior year.
Millennium Biotechnologies Group
Millennium Biotechnologies Group Announces Their Resurgex Line of Products are Successfully Launched and Distributed in Greece
BASKING RIDGE, N.J. , April 4, 2007 (PRIME NEWSWIRE) -- Millennium Biotechnologies, Inc. a wholly owned subsidiary of Millennium Biotechnologies Group, Inc. (OTCBB:MBTG) reports a successful international distribution partnership for the Resurgex(r) line of products in Greece. This accomplishment for the Resurgex product line comes on the heels of announcing a distribution and marketing initiative for the Canadian marketplace,. A successful entry of a U.S. product into the Greek market depends on proper selection of a qualified distributor in Greece, which is knowledgeable of the local market and regulations. The distributor must be capable of developing a proper relationship with the distribution chain of medical institutions, practitioners and proper retail outlets in the medical marketplace. Millennium has chosen Nutrimedica, a well known distributor of nutritional products, in Athens. It has already imported and distributed Resurgex(r) products to hospitals, pharmacies, and direct to patients. Nutrimedica reports that the introduction of Resurgex products has been well received and sales have been steadily increasing over the last year.
John D. Oil and Gas Company
John D. Oil and Gas Company Announces 2006 Financial Results
CLEVELAND, April 4, 2007 (PRIME NEWSWIRE) -- John D. Oil and Gas Company (OTCBB:JDOG) today announced it had a net loss from operations of $1.9 million largely due to writing off the minority interest asset and recording an impairment expense to one of the self-storage facilities. The Company re-evaluated its Painesville, Ohio self-storage property and determined an impairment expense was appropriate due to property changes in that area. Significant on-going expenses included the depletion expense relating to capitalized well costs and writing off a dry well. While these expenses are normal expenses in the oil and natural gas business, they overshadowed the revenues from production in 2006 because it was the first year of production for the Company and eight of the twenty one wells drilled during the year were drilled in the last quarter. We anticipate increased revenues as we continue to build our reserves and grow our Company.