latest news releases from the newsroom
Memorial City Mall
Fireworks and Flag Waving: Not Just for the Fourth
HOUSTON, May 11, 2006 (PRIMEZONE) -- Think of fireworks, and some of America's most joyous holiday observances come to mind -- the Fourth of July foremost among them. In a small but growing trend, however, patriotic displays of pyrotechnics will be featured from sea to shining sea during the coming Memorial Day weekend, a time traditionally devoted to more toned-down remembrances of fallen heroes and other loved ones.
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces First Quarter Earnings
ANAHEIM, Calif., May 11, 2006 (PRIMEZONE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today announced that sales for the first quarter were $299.9 million, an increase of 7.1 percent over total sales of $280.0 million for the first quarter ended April 30, 2005. First quarter net earnings were $0.16 per diluted share, including $0.03 related to stock option and pre-opening rent expenses. On a comparable non-GAAP basis, earnings per diluted share were $0.20 in the first quarter of 2005. Net income for the first quarter of fiscal 2006 was $11.9 million compared to $17.6 million for the first quarter of fiscal 2005. Same-store sales decreased 1.8 percent for the comparable thirteen-week period ended April 29, 2006.
Morris, Manning & Martin, LLP
Survey Shows Support for Legal Project Management
ATLANTA, May 11, 2006 (PRIMEZONE) -- Principles of project management would be well-received in the legal world, according to results of a recent survey. The survey of general counsel was conducted by Morris, Manning & Martin, LLP in conjunction with a luncheon roundtable on "Managing Outside Counsel: Using Legal Project Management to Increase Efficiency and Control Costs," which the firm co-sponsored last month.
Superior Oil and Gas
Superior Oil and Gas Co. Contracts for Two Drilling Rigs for July Drilling
YUKON, Okla., May 11, 2006 (PRIMEZONE) -- Superior Oil and Gas Co. (OTCBB:SIOR), an oil and gas exploration and development company, has contracted with Red River Energy, Inc. (formerly named Briscoe Drilling Company) of Kingfisher, Oklahoma, for two drilling rigs to drill two wells in Oklahoma commencing in early July, announced Dan Lloyd, president of Superior Oil.