latest news releases from the newsroom
Order Logistics, Inc.
Order Logistics Releases Corporate Strategy Details
URBANA, Ill., Feb. 23, 2006 (PRIMEZONE) -- Order Logistics, Inc. (Pink Sheets:ODLG) today disclosed the details of its corporate strategy for delivery of supply chain solutions to customers worldwide. Order Logistics (www.orderlogistics.com) was founded in 2005 and is now helping great companies discover, manage and execute effective global supply chain strategies.
Wolverine Tube Inc.
Wolverine Tube Reports Full Year and Fourth Quarter Results
HUNTSVILLE, Ala., Feb. 23, 2006 (PRIMEZONE) -- Wolverine Tube, Inc. (NYSE:WLV) today reported results for the full year and fourth quarter of 2005. Net loss for the year ended December 31, 2005 was $38.6 million or $2.57 per share compared to a net income from continuing operations of $644 thousand or $0.05 per diluted share for 2004.
Resolve Staffing, Inc.
Resolve Announces Plans for AMEX Listing
CINCINNATI, Feb. 23, 2006 (PRIMEZONE) -- Resolve Staffing, Inc. (OTCBB:RSFF) today announces that it is pursuing the application process for listing on the American Stock Exchange. The board of directors has agreed to apply for an Amex listing and Resolve has begun preparing the related documentation for review by the Exchange.
Occidental Petroleum Corp.
Occidental Replaces 191 Percent of 2005 Production
LOS ANGELES, Feb. 23, 2006 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) announced today that in 2005 the company's consolidated subsidiaries had proved reserve additions from all sources of 380 million barrels of oil equivalent (BOE) compared to production of 199 million BOE, for a production replacement rate of 191 percent. Occidental incurred $4.37 billion in costs for oil and gas property acquisitions and exploration and development activities. At the end of 2005, Occidental's consolidated reserves-to-production ratio, assuming production remained at the 2005 level, was 13.4 years.