latest news releases from the newsroom
Quanex Building Products Corporation
Quanex Sells Piper Impact
HOUSTON, Jan. 25, 2005 (PRIMEZONE) -- Quanex Corporation (NYSE:NX) today announced the sale of Piper Impact, the Company's cold forged impact extrusion business, to Piper Metal Forming Corporation, a privately held company. Terms of the sale were not disclosed.
Blyth Chairman Adopts Rule 10b5-1 Trading Plan
GREENWICH, Conn., Jan. 25, 2005 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home decor and home fragrance products, today announced that its founder, Chairman of the Board and Chief Executive Officer, Robert B. Goergen, has entered into a pre-arranged plan to sell a small portion of his holdings in Blyth, Inc. each month, commencing in the first quarter of fiscal year 2006, which begins on February 1, 2005. Under the terms of the plan, adopted in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934 and Blyth, Inc.'s policies regarding stock transactions, Mr. Goergen will sell up to 35,000 shares each month subject to a pre-determined price in order to achieve greater portfolio diversity as he continues his estate planning. If Blyth stock is not trading at or above the pre-determined price, the shares covered by the plan will not be sold and the unsold shares will be carried forward for sale in future months. The plan expires on January 31, 2006. Mr. Goergen, who currently owns approximately 11 million shares, or 27% of Blyth's stock, will continue to own more than 25% of Blyth's outstanding shares after the completion of the plan.
Credentrust Software, Inc.
Credentrust's iBank.com Launch Continues Enabling Businesses to Easily Create Professional Loan Packages and Reach Lenders Nationwide
IRVINE, Calif., Jan. 25, 2005 (PRIMEZONE) -- Credentrust Software, Inc., the premier developer of e-workflow collaboration online software, has set a new benchmark on how small businesses and commercial real estate owners/buyers can secure loan, lease or mortgage packages over the Internet. Through iBank.com, a website that serves as a commercial lending marketplace for business loans, commercial-mortgage loans and equipment lease financing, Credentrust has developed a quick and easy way to create a professional loan/lease package, connect to more than 225 lenders nationwide and close a loan without having to fill out countless applications and search for the right lenders.
VoicePulse Service Now Selling on Amazon.com
JAMESBURG, N.J., Jan. 25, 2005 (PRIMEZONE) -- VoicePulse Inc. today announced the availability of VoicePulse Broadband Phone Service through the world's leading online retailer, Amazon.com. The adapter sold on Amazon.com requires service activation at VoicePulse.com and allows consumers to make phone calls using their high-speed Internet connection.
SkyWest Airlines, Inc.
SkyWest, Inc. Executive Vice President, CFO and Treasurer to Present at the Raymond James Growth Airline Conference
ST. GEORGE, Utah, Jan. 25, 2005 (PRIMEZONE) -- SkyWest, Inc. (Nasdaq:SKYW) Executive Vice President, CFO and Treasurer Bradford R. Rich will make a presentation during the Raymond James & Associates Growth Airline Conference being held in New York. The SkyWest presentation is scheduled to take place Thursday, January 27, 2005 at approximately 2:15 p.m. EST.
SkyWest Airlines, Inc.
SkyWest Airlines and Continental Airlines Agree to End SkyWest Turboprop Flights from Houston
ST. GEORGE, Utah, Jan. 25, 2005 (PRIMEZONE) -- SkyWest Airlines, Inc. (Nasdaq:SKYW) announced today the joint decision with Continental Airlines to end their relationship for turboprop flying as a Continental Connection carrier serving certain markets from Continental's Houston, Texas hub. The decision was primarily due to Continental's desire to utilize a larger turboprop aircraft due to operational constraints in certain markets and to SkyWest's determination that the flights did not meet SkyWest's financial objectives. SkyWest's primary objective in previously entering a contract with Continental was to reestablish a productive relationship and demonstrate our commitment to quality and the ability to deliver a cost competitive product. We believe we achieved these objectives and look forward to providing service for Continental again at some time in the future.