latest news releases from the newsroom
The Mercanti Group
Mercanti Group Forecasts More Consolidations in Highly Fragmented Sporting Goods Industry
LOS ANGELES and MINNEAPOLIS, Jan. 21, 2004 (PRIMEZONE) -- Mergers and consolidations will continue to shrink the number of players in the $40 billion global sporting goods industry in 2004. That's the forecast of The Mercanti Group, a boutique investment banking firm that served as the advisor to K2, Inc. (NYSE:KTO) in that company's acquisition of Rawlings Sporting Goods Company and Brass Eagle last year, as well as numerous other transactions.
Galen Holdings PLC
Galen Holdings Q1 Results Date
CRAIGAVON, Northern Ireland, UK / ROCKAWAY, NJ (PRIMEZONE) -- Galen Holdings PLC (LSE: GAL.L) (Nasdaq:GALN) will be announcing its results for the first quarter ended 31 December 2003 at 7am UK time (2am EST) on 10 February 2004. A conference call will take place at Midday UK time (7am EST), please call Mo Noonan for further details.
Premier Development & Investment, Inc.
Premier Significantly Reduces Shares Outstanding
FREDERICK, Md., Jan. 21, 2004 (PRIMEZONE) -- Premier Development & Investment, Inc. (OTCBB:PDVN) announces that its Board of Directors has cancelled 6,709,750 shares of its issued and outstanding common stock and 735,000 shares of its issued and outstanding $25 convertible preferred stock, class A. After this share reduction, Premier has 75,920,250 shares of common stock issued and outstanding and no shares of preferred stock issued and outstanding.
Brilliant New Book Spells out the Harsh Realities of the U.S.-Islam Conflict
LOS ANGELES, Jan. 21, 2004 (PRIMEZONE) -- "With the demise of the Soviet Communism, the United States as the sole superpower is facing the challenge of Islamic fundamentalists who believe in the illegitimacy of its interests in their homelands. Belonging to a political religion, Islamic extremists have been misusing jihad blindly and attempting unsuccessfully to terminate the American presence in their countries. The conflict will continue," says Seid M. Zekavat, a lawyer, university professor, and practicing Muslim. His new book, Perils of Blind Faith, powerfully analyzes the bitter realities borne out of the conflicting interests of the United States and the Islam fundamentalists.
Improved confidence in Stockholmsborsen
STOCKHOLM, Sweden, Jan. 21, 2004 (PRIMEZONE) -- At Stockholmsborsen's Exchange Seminar 2004, which was held today, Kerstin Hessius presented the results of an external survey that showed that public confidence in Stockholmsborsen had increased since 2002. Confidence in Stockholmsborsen has increased among all of the categories covered by the survey, namely Exchange members, listed companies, institutional investors, private investors, the mass media, and various interest groups.
Ness Energy International, Inc.
Ness Energy: Wall Street Comes To Texas, Transaction Funded, And Stage Set For `2004 New Year' Israeli And Texas Projects
WILLOW PARK, Texas, Jan. 21, 2004 (PRIMEZONE) -- Ness Energy International, Inc. (OTCBB:NESS) announced continued discussions and efforts with Wall Street have started generating benefits for the New Year, including long term arrangements reached during meetings just held in Texas with Wall Street insiders and others, and the closing of a quarter-million dollar transaction. Wall Street has visited Ness this past week and the company believes the efforts are seeding a foundation for Israeli drilling, in addition to Texas exploration and development, all part of the Ness vision for Israel.
Acquisition of Amersham plc -- Satisfaction of Pre-Conditions
BUCKINGHAMSHIRE, U.K., Jan. 21, 2004 (PRIMEZONE) -- Recommended share exchange acquisition of Amersham plc ("Amersham") by General Electric Company and GE Investments, Inc. (together "GE") by means of a scheme of arrangement (the "Scheme") under section 425 of the Companies Act 1985 (the "Acquisition")