latest news releases from the newsroom
Overseas Shipholding Group, Inc.
Fourth Quarter 2005 Earnings Call Logistics
NEW YORK, Feb. 10, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that it plans to release its fourth quarter and fiscal 2005 earnings on Tuesday, February 28, 2006, prior to market open, and will host a conference call at 11:00 a.m. ET on the same day to discuss results for the quarter. All shareholders and other interested parties are invited to participate in the conference call by calling (800) 231-5571 within the United States and (973) 582-2952 for international callers. A webcast of the conference call will be available on Overseas Shipholding Group's website at http://www.osg.com in the Investor Relations Events and Webcast section.
Overseas Shipholding Group, Inc.
OSG Announces Dividend
NEW YORK, Feb. 10, 2006 (PRIMEZONE) -- The board of directors of Overseas Shipholding Group, Inc. (NYSE:OSG) today declared a regular quarterly dividend of 17.5 cents per share on the common stock outstanding, payable March 9, 2006 to stockholders of record on February 24, 2006.
Credit Acceptance Corporation
Credit Acceptance Announces Renewal of Warehouse Facility, Renewal of Line of Credit, Modified Dutch Auction Tender Offer, Submission of Application to List Shares on the Nasdaq
SOUTHFIELD, Mich., Feb. 10, 2006 (PRIMEZONE) -- Credit Acceptance Corporation (Pink Sheets:CACC) (the "Company") announced today that it has extended the maturity of its $200 million revolving warehouse facility from February 15, 2006 until February 9, 2007. Under this facility, the Company may contribute dealer loans to a wholly owned special purpose entity and receive 75% of the net book value of the dealer loans in non-recourse financing which bears interest at a floating rate equal to the commercial paper rate plus 65 basis points. As of February 9, 2006, the Company had $104.5 million outstanding on the facility.
Delta Air Lines, Inc.
Delta Customers Affected by Northeast Winter Storms May Change Travel Plans Without Penalties or Fees
ATLANTA, Feb. 10, 2006 (PRIMEZONE) -- Delta Air Lines customers booked on flights traveling to, from or through select cities in the Northeast may make adjustments to their travel schedule due to the impact of major winter storms in the region. Delta has proactively cancelled some flights because of the storm, and is currently working with customers to assist them with alternate travel plans. The company's upgraded notification system is playing a key role in contacting impacted customers.
Dobson Communications Corporation
Dobson Communications Announces Notes Exchange Offer
OKLAHOMA CITY, Feb. 10, 2006 (PRIMEZONE) -- Dobson Communications Corporation (the Company) (Nasdaq:DCEL) today announced that it has commenced an offer to exchange (the Offer) up to $150 million aggregate principal amount of its outstanding Senior Floating Rate Notes due 2012 (the Original Notes) that were issued by the Company on September 13, 2005, in a private offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the Securities Act), for like principal amounts of Senior Floating Rate Notes due 2012 that have been registered under the Securities Act (the Exchange Notes). The Exchange Notes will be issued under the same indenture as the Original Notes.
Wataire Industries Inc.
Wataire Industries Inc. Clarification to January 17, 2006 Release
VANCOUVER, British Columbia, Feb. 10, 2006 (PRIMEZONE) -- Wataire Industries Inc. (Pink Sheets:WTAF) is pleased to announce that the notice of special meeting and proxies have been forwarded to all Shareholders, and would like to encourage all shareholders to complete and return them for the special meeting to be held on March 24, 2006, for the purpose of determining if there is approval of the Board Resolution, announced January, 17, 2006, to declare a two for one forward stock split. If approved, all Shareholders of Record up to and including March 24, 2006, will participate in the forward split, and the Company's Transfer Agent will be instructed to print and deliver the additional Share Certificates.