latest news releases from the newsroom
The Rosen Law Firm PA
Investor Notice: The Rosen Law Firm Announces Investigation of Securities Claims Against Synchronoss Technologies Inc.
NEW YORK, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Attorney Advertising. The Rosen Law Firm announces that it is investigating potential civil securities fraud claims against Synchronoss Technologies Inc. ("Synchronoss" or the "Company") (Nasdaq:SNCR) concerning allegations that Synchronoss issued materially false and misleading statements about its contract to provide in-store activation of I-Phones during the time period February 4, 2008 through June 9, 2008.
Eagle Bulk Shipping Inc.
Eagle Bulk Shipping Inc. to Present At the UBS Third Annual Best of Americas Conference
NEW YORK, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (Nasdaq:EGLE) announced today that the Company's Chairman and Chief Executive Officer, Sophocles N. Zoullas, will present at the UBS Best of Americas Conference on Thursday, September 11th at 5 PM British Summer Time (12:00 PM Eastern Time) at the UBS Conference Center in London.
Warren Resources, Inc.
Warren Resources Adopts Shareholder Rights Plan
NEW YORK, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Warren Resources, Inc. (Nasdaq:WRES) announced today that its Board of Directors has adopted a shareholder rights plan ("Rights Plan") designed to assist all Warren shareholders in receiving fair and equal treatment in the event of an unsolicited takeover proposal. The Rights Plan is intended to safeguard against abusive takeover tactics that limit the ability of shareholders to realize the long-term value of their investment in Warren. The plan is not intended to, and will not, prevent a takeover, but it is expected to encourage persons seeking to acquire Warren to negotiate with the Board prior to attempting a takeover.
Holloman Energy Corporation
Holloman Energy Initiates Geophysical Confirmation Program in Cooper Basin of Australia
HOUSTON, Sept. 8, 2008 (GLOBE NEWSWIRE) -- Holloman Energy Corporation (OTCBB:HENC) ("the Company"), through its interim CEO, Grant Petersen is pleased to announce that it is beginning a drilling program of shallow test wells (200m) on its Australian Petroleum Exploration Lease (PEL) 112, to confirm the location of physical structures identified by the Company's seismic data. This shallow drilling is in advance of a multi-well drilling program with total depths to approximately 6,500 feet, is expected to start late in the fourth quarter of 2008 to early 2009. On advice of the Company's Australian based technical consultants, a recommendation has been made that the Company first drill "Up-hole" tests at key strategic points on the specific seismic lines which have been used to define the target structures. The results from these Up-hole tests will be used to fine tune the exploration well locations.