latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman Posts Major Airborne Laser Program Achievements
REDONDO BEACH, Calif., Oct. 27, 2006 (PRIMEZONE) -- Laser systems built by Northrop Grumman Corporation (NYSE:NOC) reached significant landmarks for the Missile Defense Agency's Airborne Laser (ABL) with the completion of critical subsystem tests and upgrades for the high-energy Chemical Oxygen Iodine Laser (COIL) and ground testing of the Beacon Illuminator Laser (BILL).
Huntington Beach Conference and Visitors Bureau
Downtown Huntington Beach Gets Possessed by the Halloween Spirit
HUNTINGTON BEACH, Calif., Oct. 27, 2006 (PRIMEZONE) -- Ghouls and goblins are taking over downtown Huntington Beach on Tuesday, Oct. 31, 2006 from 5:00-8:00 p.m., for a special Halloween celebration sponsored by the Downtown Huntington Beach Business Improvement District. Three blocks of Main St. will be closed to car traffic for a street fair complete with trick-or-treating, music, bounce houses, a petting zoo, a Ferris wheel and more. Contestants can bring their handiwork to a pumpkin carving contest, which will be judged beginning at 5:30 in front of the Longboard Restaurant and Pub at 217 Main Street. A costume contest will be judged at 7:00 p.m. in front of the Rocky Mountain Chocolate Factory at 200 Main St.
Braintech Completes Financing With Virginia Investment Group
VANCOUVER, British Columbia, Oct. 27, 2006 (PRIMEZONE) -- Braintech, Inc. (OTCBB:BRHI), a leading provider of Vision Guided Robotic ("VGR") software, announced today that it has redeemed all of its outstanding US$2.45 million Secured Convertible Debentures. The Company utilized a financing from the Royal Bank of Canada guaranteed by a group of mainly existing Virginia-based shareholders. For detailed information on the transaction please read the 8-K Report filed with the SEC and available via the internet through EDGAR.
PSB Group, Inc.
PSB Group, Inc. Announces Fourth-Quarter Dividend
MADISON HEIGHTS, Mich., Oct. 27, 2006 (PRIMEZONE) -- The Board of Directors of PSB Group, Inc. (OTCBB:PSBG), the bank holding company for Peoples State Bank, a Michigan state-chartered bank with offices in Wayne, Oakland, Macomb and Genesee Counties, declared the payment of a quarterly cash dividend of $0.18 per share to Shareholders of Common Stock.
CommunitySouth Bank & Trust
CommunitySouth Bancshares, Inc. Announces Record Earnings for Third Quarter 2006
EASLEY, S.C., Oct. 27, 2006 (PRIMEZONE) -- CommunitySouth Bancshares, Inc. (OTCBB:CBSO), parent company of CommunitySouth Bank & Trust, serving the Upstate of South Carolina, today reported net income of $390,707, or $0.10 per diluted share, for the third quarter of 2006, compared to net income of $3,733, or $0.00 per diluted share, for the third quarter of 2005. Net income for the first nine months of 2006 totaled $843,248, or $0.21 per diluted share, compared with a net loss of $862,323, or $0.23 per diluted share, for the first nine months of 2005, which was the Bank's first year of operation.
SYSCO Honors Campbell Soup Company as 2006 'Supplier of the Year'
HOUSTON, Oct. 27, 2006 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY) today announced that Campbell Soup Company (Camden, NJ) has been named as the company's 2006 Supplier of the Year. The honor was presented at SYSCO's 12th Annual Supplier Recognition Awards Ceremony in Houston. This is the first time that Campbell Soup Company has won SYSCO's Supplier of the Year honor. This year's honor also represents Campbell's seventh appearance as a Top 10 Gold Partner and their ninth year as a member of SYSCO's Top 100 Suppliers.