latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Completes $250 Million Financing
HOUSTON, Dec. 12, 2005 (PRIMEZONE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it has completed a private placement of 250,000 Units consisting of $250 million in aggregate principal amount of senior secured notes due 2010 of Transmeridian Exploration, Inc. (TMEI-BVI), the company's wholly owned British Virgin Islands subsidiary, and detachable five-year warrants to purchase approximately 17.3 million shares of the company's common stock at an exercise price of $4.31 per share, subject to adjustment in certain circumstances. The notes bear interest at the rate of 12% per annum, are guaranteed by the company and certain of the company's subsidiaries, and are secured by pledges of the outstanding capital stock of TMEI-BVI and certain of the company's other subsidiaries.
Blyth, Inc. Reports Higher 3rd Quarter Sales
GREENWICH, Conn., Dec. 12, 2005 (PRIMEZONE) -- Blyth, Inc. (NYSE: BTH), a leading designer and marketer of home fragrance and home decor products, today reported that Net Sales for the third quarter ended October 31, 2005 increased approximately 1% to $444.5 million compared with $439.4 million a year earlier. Operating Profit for the quarter declined to $33.7 million compared to $51.1 million for the prior year period. Net Earnings for the quarter were $23.0 million versus $30.2 million a year earlier. Diluted Net Earnings Per Share for the quarter were $0.56 per share compared to $0.73 for the same period last year.
Netherlands Board of Tourism & Conventions
Photo Release -- A New Museum: dick bruna huis, a Home for miffy in Utrecht, Opening on February 18, 2006
UTRECHT, Holland, Dec. 12, 2005 (PRIMEZONE) -- Only one work of art from Utrecht is equally famous around the world than the Rietveld chair, and that is miffy, the little bunny created by Dick Bruna in 1955. Design icon, children's character, fashion brand -- miffy is an international phenomenon; the books are published in more than 40 languages and have sold over 85 million copies worldwide. From February 18, 2006, the work of Dick Bruna will be on permanent display in the dick bruna huis, in Utrecht, a new museum and a home for miffy (Agnietenstraat 2, Utrecht).
InterAge Completes Third Stage of Tsunami Victims Project
CESAREA, Israel, Dec. 12, 2005 (PRIMEZONE) -- InterAge Ltd. (Pink Sheets:ITGJ), a leading provider of integrated web marketing solutions, announced today that it has successfully completed the third stage of the Tsunami Victims project that was awarded to the Company by the United Nations earlier this year.
ViroPharma Incorporated Announces Completion of Offering
EXTON, Pa., Dec. 12, 2005 (PRIMEZONE) -- ViroPharma Incorporated (Nasdaq:VPHM) today announced the completion of its previously announced underwritten public offering of 10,350,000 shares of newly issued common stock, including the offering of 9,000,000 shares and the exercise by the underwriters of their option to purchase an additional 1,350,000 shares of common stock, at $16.75 per share before underwriting discounts and commissions.