latest news releases from the newsroom
Coastal Holdings, Inc.
Coastal Holdings, Inc. Retires 1,666,666,668 Shares to Treasury
HOUSTON, Jan. 6, 2005 (PRIMEZONE) -- Coastal Holdings, Inc. (Pink Sheets:CSJJ), a leading edge global technology holding company, announced today that it has retired 1,666,666,668 shares to the Company's treasury, thereby reducing the total number of issued and outstanding shares. The restricted shares were originally issued to fund one of the Company's major investments in lieu of cash. CSJJ is pleased to report that it has accumulated the required cash to fund the investment and has financed the transaction as such in place of the original restricted shares. CEO Andrea Cortellazzi stated, "The retiring of these restricted shares is definitely a positive development for the company that will add significant shareholder value."
Market Pulse Announces its AM Stock Picks for Thursday, January 6, 2005: XCHC, AMAT, JDSU, PFE
ATLANTA, Jan. 6, 2005 (PRIMEZONE) -- Market Pulse is pleased to introduce our featured stock, The X-Change Corporation (OTCBB:XCHC), to the investment community! X- Change is new to Market Pulse and is a company that was organized to seek merger or acquisition candidates in the oil and gas industry! XCHC just had excellent news out before today's opening bell! This could be great news for investors! Other notable stocks that look great lately from a fundamental and technical perspective include:
The Cooper Companies, Inc.
Cooper Companies Merger With Ocular Sciences Completed
LAKE FOREST, Calif., Jan. 6, 2005 (PRIMEZONE) -- The Cooper Companies, Inc. (NYSE:COO) announced today that its merger with Ocular Sciences, Inc. has closed. At closing, Cooper paid approximately $600 million in cash and issued approximately 10.7 million shares of its common stock to Ocular Sciences stockholders and option holders. In accordance with Nasdaq trading policies, shares of Ocular common stock will continue to trade on The Nasdaq National Market until the market closes later today at 4:00 pm (EST); however, those shares will represent solely the right to receive the merger consideration of 0.3879 of a share of Cooper common stock and $22.00 in cash.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Stock Market Standouts List for Thursday, January 06, 2005: LPLHA, MSFT, JDSU, AMZN
WESTON, Fla., Jan. 6, 2005 (PRIMEZONE) -- TheSUBWAY.com announces the following stocks to its Stock Market Standouts List: LocatePlus Holdings Corp. (OTCBB:LPLHA), Microsoft Corporation (Nasdaq:MSFT), JDS Uniphase Corporation (Nasdaq:JDSU), Amazon.com Inc. (Nasdaq:AMZN).
Capital Research Group, Inc
Early Stock Market Alerts for Thursday, January 06, 2005: LPLHA, SUNW, JNPR, BRCD
WESTON, Fla., Jan. 6, 2005 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Alerts List: LocatePlus Holdings Corp. (OTCBB:LPLHA), Sun Microsystems Inc. (Nasdaq:SUNW), Juniper Networks Inc. (Nasdaq:JNPR), Brodcade Communications Systems (Nasdaq:BRCD).
GlobeOp Financial Services
GlobeOp Names Greg Stockett Chief Financial Officer
NEW YORK, Jan. 6, 2005 (PRIMEZONE) -- GlobeOp(r) Financial Services (GFS(SM)), a leading provider of fund administration and related support services for hedge funds, fund of funds and high net worth family wealth offices, today announced that Greg Stockett has joined the company as Chief Financial Officer, a new position. Additionally, Stockett has been named to GlobeOp's management committee.