latest news releases from the newsroom
Blyth, Inc. Updates Fiscal Year 2009 Outlook
GREENWICH, Conn., Sept. 4, 2008 (GLOBE NEWSWIRE) -- Blyth, Inc. (NYSE:BTH), a leading designer and marketer of home fragrance and home decor products, today commented on its updated outlook for fiscal year 2009. Normalized Earnings Per Share are expected to be in the range of $1.35 to $1.40 for fiscal year 2009 versus prior guidance of $1.45 to $1.50.
Blyth, Inc. Reports 2nd Quarter Sales and Earnings
GREENWICH, Conn., Sept. 4, 2008 (GLOBE NEWSWIRE) -- Blyth, Inc. (NYSE:BTH), a leading multi-channel designer and marketer of home fragrance products, home decor products and household convenience items, today reported Net Sales for the second quarter ended July 31, 2008 increased approximately 1% to $236.8 million compared to $234.9 million for the prior year period. Excluding the sales of the Blyth HomeScents International (BHI) North American mass channel candle business, divested in the first quarter of last year, second quarter Net Sales would have increased 3%, reflecting strong growth overall in PartyLite's international markets and growth in the Wholesale Foodservice business, partially offset by lower sales within Blyth's other businesses due in part to reduced consumer spending. International sales represented 39% of total sales in the second quarter this year versus 30% last year. Foreign exchange had a 5 percentage point favorable impact on second quarter Net Sales.
Advanced Battery Technologies, Inc.
Advanced Battery Technologies Appoints New Chief Technology Officer
NEW YORK and HARBIN, China, Sept. 4, 2008 (GLOBE NEWSWIRE) -- Advanced Battery Technologies, Inc. (Nasdaq:ABAT) today named Dr.Suiyang Huang as its new Chief Technology Officer. Dr. Huang, who was formerly the C.T.O. for Shenzhen B&K Electronic Co., Ltd, will spearhead all of Advanced Battery Technology's future technology development plans. Advanced Battery Technologies, Inc. develops, manufactures, and distributes rechargeable polymer lithium-ion (PLI) battery cells for use in electric vehicles, mining equipment, and a variety of other consumer electronics.
Former Citicorp Corporate Finance Director Appointed to NNRF Board of Advisors
WASHINGTON, Sept. 4, 2008 (GLOBE NEWSWIRE) -- NNRF, Inc. (Pink Sheets:NNRI) today announced that Steven E. Halliwell, a former Corporate Finance Director for Citibank/Citicorp's Central and Eastern Europe operations, will join NNRF's Board of Advisors effective today. Mr. Halliwell, who has extensive experience interfacing with the Russian finance and banking sectors, will seek to help NNRF further its business prospects in the Russian Federation and expand export markets for the company's Russian and European operations.
Cybertech International Holdings Ltd
Raidbet.com Launches Its New Viral Game
HONG KONG, Sept. 4, 2008 (GLOBE NEWSWIRE) -- New online poker room, Raidbet.com launched in August 2008, is leaving no stone unturned to give the consumer, the player, just what is needed: fun and entertainment. Already gaining a lot of traffic with great deposit and referral bonuses; it is now coming up with unique Add-Ons so that the user gets variety and a bigger bang for their buck.
Comtech Telecommunications Corp.
Comtech Telecommunications Corp. Receives $4.5 Million Satellite Communication Equipment Order From Harris Corporation
MELVILLE, N.Y., Sept. 4, 2008 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received a $4.5 million order from Harris Corporation to provide equipment for the U.S. Navy's Commercial Broadband Satellite Program. The U.S. Navy will deploy the equipment to enable high-speed, satellite communications for military personnel serving onboard various ship classes.
All Global Launches Its Palliative Care Panel
NEW YORK, Sept. 4, 2008 (GLOBE NEWSWIRE) -- All Global, a leading international healthcare data collection agency, announces the launch of its new Palliative Care Panel for marketing research. Palliative care is an emerging therapy area with specialists and healthcare professionals working in oncology, heart, lung and renal disease, HIV/AIDs, dementia and other neuro-degenerative diseases. The new panel provides unique access to more than 18,000 physicians, nurses, pharmacists and healthcare professionals in 39 countries who specialize in palliative care.