latest news releases from the newsroom
Airvana to Demonstrate 1xEV-DO Revision-A at 2005 3G World Congress and Exhibition, Hong Kong
HONG KONG, Nov. 15, 2005 (PRIMEZONE) -- Airvana, Inc. (www.airvananet.com), a market leader in CDMA2000 1xEV-DO radio access network infrastructure, today announced it will demonstrate 1xEV-DO Revision A and advanced 1xEV-DO multimedia services such as Voice over IP (VoIP) and Multicasting at the 2005 3G World Congress and Exhibition. With the goal of enabling mobile broadband everywhere, these features will accelerate the delivery of innovative 3G services to consumers and mobile professionals. Airvana technology now powers 16 of the world's most dynamic commercial EV-DO networks.
Quanex Building Products Corporation
Quanex Announces Chief Financial Officer to Leave at End of 2005
HOUSTON, Nov. 15, 2005 (PRIMEZONE) -- Quanex Corporation (NYSE:NX), an industry-leading manufacturer of value-added engineered materials and components serving the vehicular products and building products markets, announced today that Terry A. Murphy, Senior Vice President -- Finance and Chief Financial Officer has decided to leave Quanex on December 31, 2005, to accept a position at another NYSE listed company.
Energy Prices Hammer at U.S. Multinationals, PricewaterhouseCoopers Finds
NEW YORK , Nov. 15, 2005 (PRIMEZONE) -- Leaders of large U.S.-based businesses have turned less optimistic about the domestic and world economies. And 59 percent now see energy prices as a potential barrier to their company's growth, up sharply from 36 percent in the prior quarter. Executives from these energy-vulnerable companies are more uncertain about the domestic and world economies; have less healthy gross margins; and expect slower revenue growth, less new hiring and fewer key investments.
JetBlue Airways Corporation
JetBlue Airways Appoints Industry's First 'Low-Fare Sommelier'
NEW YORK, Nov. 15, 2005 (PRIMEZONE) -- JetBlue Airways Corp. (Nasdaq:JBLU) and Best Cellars Inc. today begin a new wine program for the low-fare airline. Twin Fin's 2004 California Pinot Noir and Chardonnay, the best-selling new brand in the United States, will be the program's first selections, available for purchase on all JetBlue aircraft by Dec. 1. Selections will change throughout the year.
OTC Stock Review Issues Report on Global Beverage Solutions
ATLANTA, Nov. 15, 2005 (PRIMEZONE) -- OTC Stock Review announces that it has initiated coverage of Global Beverage Solutions (OTCBB:GBVS), an emerging leader in the worldwide alternative beverage space with EON Water and Rudy's signature Line of Beverages. As a business development company, Global Beverage Solutions operates as a publicly traded closed-end fund, making investments in private and thinly traded public companies, with a goal of providing to stockholders a total return of capital appreciation.
Highway Holdings Limited
Highway Holdings Reports Fiscal 2006 Second Quarter Results
HONG KONG, Nov. 15, 2005 (PRIMEZONE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced financial results for its fiscal 2006 second quarter ended September 30, 2005, reflecting strength of its OEM manufacturing business and the impact of a strategic plan to downsize non-core operations -- including the systematic reduction of its camera, watch and clock production businesses.
Fidelity Management Research Company's Holdings in Metso to 5.01 percent
HELSINKI, Finland, Nov. 15, 2005 (PRIMEZONE) -- Metso Corporation has been informed about an increase in the holding of Fidelity Management Research Company and its subsidiaries of the paid up share capital of Metso Corporation. On November 10, 2005, Fidelity Management Research Company and its subsidiaries owned a total of 7,092,500 Metso shares, which corresponds to 5.01 percent of the paid up share capital and voting rights of Metso Corporation.