latest news releases from the newsroom
SouthCrest Financial Group, Inc.
SouthCrest Financial Group, Inc. Announces Fourth Quarter Earnings
FAYETTEVILLE, Ga., Feb. 9, 2006 (PRIMEZONE) -- SouthCrest Financial Group, Inc. (OTCBB:SCSG) reported net income of $1,154,000 for the quarter ended December 31, 2005 compared to $1,172,000 for the same quarter a year ago. For the year ended December 31, 2005, net income was $4,844,000 compared to $3,857,000 for the same period in 2004. Most of the increase in net income for year compared to the prior year was the result of the Company's merger with First Polk Bankshares, Inc. on September 30, 2004. Assets and liabilities, and results of operations for First Polk are only included in the balance sheets and income statements of the Company from the date of merger going forward. On a per share basis, results were $0.32 per share for the current quarter compared to $0.32 for the same period a year ago, and $1.36 per share for the year ended December 31, 2005 compared to $1.52 for the year ended December 31, 2004. Reductions in earnings per share are mostly due to dilution resulting from increased number of shares resulting from the merger with First Polk. Current quarter results include recognized loss on disposal of equipment of $184,000, or $114,000 net of tax. This represents $0.03 per share.
CDMA Development Group
CDG Congratulates SkyLink on its Launch of 1xEV-DO Services in Russia
COSTA MESA, Calif., Feb. 9, 2006 (PRIMEZONE) -- The CDMA Development Group (CDG) (www.cdg.org) congratulated SkyLink today on its commercial deployment of 3G CDMA2000(r) 1xEV-DO services in the greater Saint Petersburg area. Under the brand name "SkyTurbo," the operator will offer its customers next-generation wireless multimedia services and further drive its data revenue. SkyLink joins 29 other operators across the world in deploying commercial 1xEV-DO services, is the fourth to commercially deploy 1xEV-DO services in the 450 MHz band and the first operator to offer WorldMode(tm) CDMA450 services, which enable customers to use their CDMA2000 1xEV-DO devices to access GSM when traveling internationally.
Stolt-Nielsen S.A. Board Recommends Final Dividend
LONDON, United Kingdom, Feb. 9, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) announced that at its meeting held today, the Company's Board of Directors recommended a final 2005 dividend of $1.00 per Common Share (including American Depositary Shares (ADS's) each of which represents one Common Share), payable on June 8, 2006 to shareholders of record as of May 24, 2006. In accordance with the normal settlement practice, the shares will trade ex-dividend on and after May 22, 2006 (two business days prior to the May 24, 2006 record date). The dividend, which is subject to shareholder approval, will be voted on at the Company's Annual General Meeting of Shareholders scheduled for May 18, 2006 in Luxembourg
Stolt-Nielsen S.A. Announces Annual General Meeting
LONDON, United Kingdom, Feb. 9, 2006 (PRIMEZONE) -- Stolt-Nielsen S.A. (Nasdaq:SNSA) (Oslo Stock Exchange:SNI) today announced that its annual meeting of shareholders will be held on Thursday, May 18, 2006 at 2:00 p.m. local time at the offices of Services Generaux de Gestion S.A., 23, avenue Monterey, L-2086 Luxembourg. All shareholders of record as of March 28, 2006 will be entitled to vote at the meeting.
New Jersey Mining Company
New Jersey Mining Company to Start Silver Production
KELLOGG, Idaho, Feb. 9, 2006 (PRIMEZONE) -- New Jersey Mining Company (OTCBB:NJMC) (Berlin:NKM) recently updated its mine plan for the Silver Strand mine which is expected to commence production in the second quarter of this year. Increases in both silver and gold prices in the past few months have a very beneficial effect on the economics of the Silver Strand mine. With the silver price not far below $10 per ounce and the gold price about $560 per ounce, the Silver Strand ore will have a net smelter return of $150 per tonne. Operating costs are expected to be $84 per tonne for a seasonal operation producing about 5,000 tonnes per year.
Sterling Testing Systems, Inc
Sterling Testing Systems Hosts Seminar on How to Eliminate Workplace Substance Abuse
NEW YORK, Feb. 9, 2006 (PRIMEZONE) -- According to the Office of National Drug Control Policy, an astonishing 74.6% of the nation's 16.6 million current illicit drug users are employed either full or part time. Today, Sterling Testing Systems, Inc., the nation's fastest-growing pre-employment screening services company, announced its 2006 Winter Symposium: Addressing Substance Abuse in the Workplace. Mark A. de Bernardo, expert labor and employment attorney from the preeminent labor and employment law firm Jackson Lewis LLP, will lead the seminar showing employers how to write a compelling and enforceable policy to mitigate risk and ensure that they hire right to create a safe, drug-free work environment. Attendees will receive 1.75 credit hours toward PHR, SPHR and GPHR recertification through the Human Resource Certification Institute (HRCI). For more information on the event, visit: www.sterlingtesting.com.