latest news releases from the newsroom
Asia Properties, Inc.
Asia Properties CEO Interviewed by WallStreetReporter.com
BELLINGHAM, Washington, July 21, 2006 (PRIMEZONE) -- Asia Properties, Inc. (Pink Sheets:ASPZ) is pleased to announce that the President and CEO, Daniel McKinney, has been featured in an interview with WallStreetReporter.com conducted on Thursday, July 20, 2006. WallStreetReporter.com is viewed by over 80,000 analyst, brokers, portfolio managers and high net-worth investors and will be available on their site for seven days.
Telenor Second Quarter 2006: Revenue Growth of 37 Per Cent
FORNEBU, Norway, July 21, 2006 (PRIMEZONE) -- In the second quarter of 2006, Telenor's revenues increased by 37 per cent compared to the second quarter of 2005, reaching NOK 22.6 billion. The underlying revenue growth was 12 per cent and the EBITDA margin increased from 34 to 35 per cent. Profit before taxes was NOK 3.9 billion. During the second quarter, the total number of mobile subscriptions increased by six million, reaching 96 million.
Nidec Staffs Up Its M&A Team
KYOTO, Japan, July 20, 2006 (PRIMEZONE) -- Nidec Corporation (the "Company") (NYSE:NJ) announces today the appointment of Nobuhiko Ohta, formerly Senior Vice President of Corporate Coverage Department of Calyon Corporate and Investment Bank, Tokyo, as the director of its Corporate Strategy Office (the "Unit").
Ise Blu Equity Corp.
NetCert, Inc. Completes Acquisition Negotiations
COLUMBIA, Md., July 20, 2006 (PRIMEZONE) -- NetCert, Inc. (Pink Sheets:NTCI) announced today that it has completed negotiations to acquire an internet content development company for its entertainment division. The company expects to sign a contract before the end of July and complete the closing upon the receipt of a completed audit of the acquisition. The final purchase price will be based on the value of the assets and the average net profit during the audit period.
Delta Air Lines, Inc.
Delta Assists Customers Returning to U.S. from Lebanon with Reduced-Rate Travel
BALTIMORE, July 20, 2006 (PRIMEZONE) -- Delta Air Lines is making it easier for customers returning to the United States from Lebanon to purchase one-way, reduced-rate travel from Baltimore-Washington International Airport. Should Delta's lower fares not be available, Delta is offering a 50 percent off(a) discount on full coach, walk-up fares for one-way travel from Baltimore to any of Delta's 211 destinations in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. These discounts will allow passengers who may be stranded in Baltimore and anxious to return home to take advantage of fares that are significantly lower than those typically available to last-minute travelers.
Harsco Completes Asset Acquisition of Cleton Industrial Services in Europe
HARRISBURG, Pa., July 20, 2006 (PRIMEZONE) -- Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that it has completed arrangements with UK-based Cape PLC to purchase the assets of its Cleton industrial maintenance services subsidiaries in Holland, Belgium and Germany. The terms of the transaction provide for an initial cash payment to Cape of EUR8.175 million (approximately $10.3 million), which represents a small premium to the net assets purchased, and is subject to adjustment for final accounts up to a maximum of EUR8.85 million (approximately $11.2 million). Cleton posted 2005 revenues in excess of $50 million and employs close to 400 people.
Oakley's Second Quarter Earnings Per Share, Excluding Previously Announced Restructuring Charges, Exceed Analysts' Consensus Estimate
FOOTHILL RANCH, Calif., July 20, 2006 (PRIMEZONE) -- Oakley, Inc. (NYSE:OO) today announced financial results for its second quarter ended June 30, 2006. Second quarter net sales increased 19.4 percent, to a quarterly record $203.6 million, compared with $170.5 million in the same period of 2005.