latest news releases from the newsroom
Wireless Xcessories Group
Wireless Xcessories Group Reports Third Quarter Results
HUNTINGDON VALLEY, Pa., Nov. 3, 2005 (PRIMEZONE) -- Wireless Xcessories Group, Inc. (AMEX: XWG), a nationwide distributor of over 4,000 accessories for cellular phones and other wireless devices, announced today results for the third quarter ended September 30, 2005. The company reported revenue of $5,293,000, an increase of 29.9% compared to $4,075,000 for the same period in fiscal 2004. Wireless Xcessories had 2005 third quarter pre-tax net income of $439,000, an increase of 69.5% versus 2004 third quarter pre-tax net income of $259,000. The company had net income of $ 321,000, or $0.07 per basic and diluted share, an increase of 23.9 % compared to net income of $ 259,000, or $0.06 per basic and diluted share in the same period for 2004. The company accrued taxes in the 2005 third fiscal quarter, of $118,000 compared to no taxes in the 2004 third fiscal quarter. The Company utilized its available Federal and State net operating tax loss carry forward benefit in 2004 to offset its tax expense. The Federal portion of the net operating loss carry forward was fully used up in the first six months of 2005 and accordingly, the Company began accruing taxes in the third quarter of 2005.
Enbridge Energy Partners, L.P.
EPA Names Enbridge Energy Partners 'Processing Partner of the Year'
HOUSTON, Nov. 3, 2005 (PRIMEZONE) -- The Environmental Protection Agency (EPA) recognized Enbridge Energy Partners, L.P. (NYSE:EEP) ("the Partnership") as the 2004 Natural Gas STAR Processing Partner of the Year at its annual conference and awards ceremony. Enbridge received the award largely due to its use of innovative leak detection technologies in helping to reduce methane emissions.
Delta Air Lines, Inc.
Delta Air Lines Reports October Traffic
ATLANTA, Nov. 3, 2005 (PRIMEZONE) -- Delta Air Lines today reported traffic results for October 2005(1),(2). System traffic for October 2005 decreased 2.3 percent from October 2004 on a marginal capacity increase. Delta's system load factor was 72.4 percent in October 2005, down 1.7 points from the same period last year.