latest news releases from the newsroom
Occidental Petroleum Corp.
Occidental Petroleum Announces Record Third Quarter Core Results
LOS ANGELES, Oct. 24, 2007 (PRIME NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) announced net income of $1.324 billion ($1.58 per diluted share) for the third quarter of 2007, compared with $1.170 billion ($1.36 per diluted share) for the third quarter of 2006. Core results for the third quarter of 2007 were a record high of $1.210 billion ($1.45 per diluted share), after excluding after-tax gains of $72 million from the sale of exploration properties, net of asset impairments, $34 million from the sale of non-core assets and $8 million from discontinued operations; compared with $1.103 billion ($1.28 per diluted share) for the third quarter of 2006. See the attached schedule for a reconciliation of net income to core results.
Axis Technologies Group, Inc.
Axis Technologies Exhibiting at LightShow/West in Los Angeles, CA This Week
LINCOLN, Neb., Oct. 24, 2007 (PRIME NEWSWIRE) -- Axis Technologies Group, Inc. (Pink Sheets:AXTG), a Green technology company that designs, manufactures and markets a proprietary line of energy-saving and daylight harvesting electronic dimming ballasts utilized in fluorescent lighting for the commercial lighting industry, is displaying the company's dimming/daylight harvesting (DDH) fluorescent ballasts in booth 1124 at the 2007 LightShow/West on October 24th and 25th, 2007, at the Los Angeles Convention Center. LightShow/West is the largest lighting event showcasing commercial, architectural, and high design lighting products dedicated to the West Coast specification community.
NASDAQ Announces Third Quarter 2007 Results
NEW YORK, Oct. 24, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. ("NASDAQ(r)"; (Nasdaq:NDAQ), today reported third quarter 2007 net income of $365.0 million, or $2.41 per diluted share, an increase of $334.8 million from $30.2 million, or $0.22 per diluted share, in the third quarter of 2006, and an increase of $308.9 million from $56.1 million, or $0.39 per diluted share, in the second quarter of 2007.
KNBT Bancorp, Inc. Announces Third Quarter Earnings
LEHIGH VALLEY, Pa., Oct. 24, 2007 (PRIME NEWSWIRE) -- KNBT Bancorp, Inc. (Nasdaq:KNBT), the holding company for Keystone Nazareth Bank & Trust Company (the "Bank"), today reported net income of $4.1 million for the quarter ended September 30, 2007, compared to net income of $5.9 million for the quarter ended September 30, 2006. Diluted earnings per share for the third quarter were $0.16 compared to $0.22 for the third quarter of 2006.
Gateway Financial Holdings, Inc.
Gateway Financial Holdings, Inc. Declares Cash Dividend
VIRGINIA BEACH, Va., Oct. 24, 2007 (PRIME NEWSWIRE) -- Gateway Financial Holdings, Inc. (Nasdaq:GBTS), the holding company for Gateway Bank & Trust Co., announced that its board of directors declared a third quarter cash dividend of $0.08 per share.
Renowned Environmental Artist Unveils Commemorative Painting for NOAA's 200th Celebration
WASHINGTON, Oct. 24, 2007 (PRIME NEWSWIRE) -- Wyland -- a globally recognized artist, environmental advocate and the official artist for NOAA's 200th celebration of science, service and stewardship to the nation -- has unveiled his original commemorative oil painting, entitled Water Planet. From the establishment of the Survey of the Coast in 1807 by Thomas Jefferson to the formation of the Weather Bureau and the Commission of Fish and Fisheries in the 1870s, much of America's scientific heritage is rooted in NOAA.