latest news releases from the newsroom
Elite Pharmaceuticals, Inc.
Elite Pharmaceuticals Files Its Form 10-K for the Fiscal Year Ended March 31, 2008 With the SEC
NORTHVALE, N.J., July 8, 2008 (PRIME NEWSWIRE) -- Elite Pharmaceuticals, Inc. ("Elite" or the "Company") (AMEX:ELI), a specialty pharmaceutical company focused primarily on developing and commercializing proprietary abuse resistant, extended release pain management products, filed its annual report on Form 10-K for the fiscal year ended March 31, 2008 (the "Form 10-K") with the Securities and Exchange Commission. The Company's revenues for the fiscal year ended March 31, 2008 were $1,413,119, an increase of $269,278 or approximately 24% over revenues for the prior year. The revenue increase was primarily due to the first full year of revenues from Lodrane 24D(r), the Company's second commercial product, which was launched in the later part of the fiscal year ended March 31, 2007.
NNRF, Inc. Announces Washington D.C. Office
MOSCOW, July 8, 2008 (PRIME NEWSWIRE) -- NNRF, Inc. (Pink Sheets:NNRI) today announced the establishment of its United States office and Corporate Headquarters at Suite 900, 888 17th Street NW, Washington DC. Once phone lines have been installed the Company will place the contact number on our website. The D.C. location is expected to facilitate NNRF's access to U.S. Government agencies and to provide businesses dealing with the nuclear power industry as well as to reach out to other potential customers in the United States.
Memorandum to AccessKey Shareholders
ALBUQUERQUE, N.M., July 8, 2008 (PRIME NEWSWIRE) -- AccessKey IP, Inc. (Pink Sheets:AKYI), CEO George Stevens and its wholly owned subsidiary TeknoCreations' President Bruce Palmer issued a memo to shareholders today. The memo reads as follows:
Wolverine Tube Inc.
Wolverine Tube Sells Canadian Plumbing Tube Unit for $42 Million
HUNTSVILLE, Ala., July 8, 2008 (PRIME NEWSWIRE) -- Wolverine Tube, Inc. (OTCBB:WLVT) announced today the sale of its Canadian plumbing tube unit for US $42 million in cash. Steven S. Elbaum, Chairman of Wolverine, stated, "The sale of this unit is in line with Wolverine's strategy of focusing its business and capital on the development and sale of value added, energy efficient heat transfer tubing, fabricated assemblies and metal joining products to market leading customers. Additionally, net proceeds from the sale strengthen Wolverine's balance sheet and position it for attractive long-term global growth opportunities in its core business. Wolverine's net debt is approximately $133 million after giving effect to the sale, down from $264 million at June 30, 2007. Net debt is expected to decline below $100 million by year-end as a result of improved working capital management and seasonal factors.
Vostok New Ventures Ltd.
Vostok Nafta: KINNEVIK’S AND VOSTOK NAFTA’S ACQUISITION OF KONTAKT EAST
This press release may not be released, published or distributed in or into the
USA, Canada, Australia, Japan or any other country in which such a measure is
subject to registration or any other measures than those required by Swedish
law. The Offer is not directed towards any person in those countries whose
participation requires any additional prospectus, registration or other measure
than those required by Swedish law.
This press release is a translation from the Swedish language press
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Receives National Coalition for Homeless Veterans' Corporate Partner Award
LOS ANGELES, July 8, 2008 (PRIME NEWSWIRE) -- Northrop Grumman Corporation (NYSE:NOC) was selected by the National Coalition for Homeless Veterans (NCHV) to receive its Corporate Partner Award. The company was recognized for its support in helping NCHV provide information and counseling to homeless and at-risk veterans, and assisting community-based providers build their capacity to serve homeless veterans.