latest news releases from the newsroom
PMFG, Inc. to Open New Manufacturing Plant in China
DALLAS, Nov. 5, 2008 (GLOBE NEWSWIRE) -- PMFG, Inc. (the "Company") (Nasdaq:PMFG) today announced that it has received its business license to operate a manufacturing plant in the People's Republic of China.
Warren Resources, Inc.
Warren Resources Announces Third Quarter 2008 Results and Provides Operational Update
NEW YORK, Nov. 5, 2008 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES) today announced 2008 third quarter financial and operating results. The Company reported net earnings of $15.8 million, or $0.27 per diluted common share, for the third quarter ended September 30, 2008. This compares to net earnings of $3.0 million, or $0.05 per diluted common share, for the third quarter of 2007.
Harsco Secures New Credit Facility
HARRISBURG, Pa., Nov. 5, 2008 (GLOBE NEWSWIRE) -- Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced today it has successfully secured a new $220 million 364-day credit facility, which was co-arranged by Citibank and the Royal Bank of Scotland. The new facility replaces an existing $450 million facility that expires this month. The Company also has the option to increase the size of the new facility by an additional $80 million at a future date with the consent of the lenders. This new credit facility follows the Company's highly successful 5.75 percent, 10-year, $450 million long-term bond issue completed in May 2008.