latest news releases from the newsroom
Delta Air Lines, Inc.
Delta Comments On Pardus Capital Management Letter
ATLANTA, Nov. 14, 2007 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL) CEO Richard Anderson today issued the following statement in response to correspondence from Pardus Capital Management LP advocating that Delta lead industry consolidation:
ProCentury Corporation Announces $0.04 Per Share Dividend
COLUMBUS, Ohio, Nov. 14, 2007 (PRIME NEWSWIRE) -- ProCentury Corporation (Nasdaq:PROS), a specialty property and casualty insurance holding company, today announced that its Board of Directors has approved a cash dividend of $0.04 per share. The dividend will be payable on December 19, 2007 to stockholders of record on November 28, 2007.
Integrated BioPharma, Inc.
Integrated Biopharma, Inc. Names Robert L. Erwin as President of InB:Biotechnologies, Inc.
HILLSIDE, N.J., Nov. 14, 2007 (PRIME NEWSWIRE) -- Integrated Biopharma, Inc. (Nasdaq:INBP) today announced the appointment of Robert L. Erwin as President of its wholly-owned subsidiary, InB:Biotechnologies, Inc. ("Biotech"). Mr. Erwin will lead the implementation of INBP's plant-based vaccine and therapeutics strategy, and guide the development of Biotech as an independent company.
M. Crews & Company
M. Crews & Company Offers Holiday Gift-Giving Advice for the Corner Office
FAIRFIELD, Conn., Nov. 14, 2007 (PRIME NEWSWIRE) -- With an estimated $17+ billion in corporate gift giving expected in 2007*, corporate gifts are big business. But the rush to spend -- and lack of inspiration -- in the next two months inevitably puts pressure on CEOs to buy the "right" gifts for their fellow CEOs, business partners, and clients.
Integrated BioPharma, Inc.
Integrated Biopharma Executes Spin-Off Agreement
HILLSIDE, N.J., Nov. 14, 2007 (PRIME NEWSWIRE) -- Integrated Biopharma, Inc. (Nasdaq:INBP) announced today that its Board of Directors has approved the previously-announced spin-off of its InB:Biotechnologies, Inc. subsidiary ("Biotech"). INBP and Biotech have entered into a Separation and Distribution Agreement, which, upon consummation, should result in the tax-free spin-off of Biotech. INBP will make required informational filings in the near future with the Securities and Exchange Commission relating to the spin-off and expects to complete the spin-off as soon as practicable after the satisfaction of customary closing conditions, including the effectiveness of the registration of Biotech's common stock under the Securities Exchange Act of 1934. Upon completion of the separation, Biotech will be given a new corporate name distinct from its parent.
Consolidated Mercantile Incorporated
Consolidated Mercantile Incorporated Reports Third Quarter Financial Results
TORONTO, Nov. 14, 2007 (PRIME NEWSWIRE) -- Consolidated Mercantile Incorporated (TSX:CMC) (Nasdaq:CSLMF) announced today that revenues for the nine months ended September 30, 2007 decreased to approximately $15.1 million from $21.1 million in the comparable 2006 period. Sales reflect the consolidation of Distinctive Designs Furniture Inc., the Company's furniture manufacturing subsidiary. Competitive market conditions resulted in reduced sales volumes at Distinctive.
JetBlue Airways Corporation
JetBlue Announces Nonstop Service Between Orlando and Santo Domingo, Dominican Republic
ORLANDO, Fla., Nov. 14, 2007 (PRIME NEWSWIRE) -- JetBlue Airways (Nasdaq:JBLU) today announces new daily nonstop service between Orlando and Santo Domingo, Dominican Republic, to begin March 6, 2008(a). The low-cost airline is celebrating the new route with special introductory fares at $79(b) each way for travel between March 6, 2008 and April 30, 2008. Introductory fares must be booked by November 27, 2007. Regular fares between Orlando and Santo Domingo will range from $99 - $349(b) each way.
Alternative Construction Technologies, Inc.
Alternative Construction Technologies, Inc. Exceeds Gross Revenue of 2006 During First Three Quarters of 2007
MELBOURNE, Fla., Nov. 14, 2007 (PRIME NEWSWIRE) -- Alternative Construction Technologies, Inc. (OTCBB:ACCY) released today its third quarter financial results for 2007. Sales increased 48.7% from the comparable 9 month period of 2006, while profits improved from a $592,929 loss, to a $738,055 profit. Net income increased by $1,330,984 in comparison to the same period of 2006. EBITDA increased by $1,523,937 from the same period of 2006. Earnings per share increased from $(.04) for the nine months ended September 30, 2006 to $.07 for the nine months ended September 30, 2007.