latest news releases from the newsroom
Lone Star Steak House & Saloon
Lone Star Steakhouse & Saloon, Inc. Announces Second Quarter Operating Results
WICHITA, Kan., July 12, 2001 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc. (Nasdaq:STAR) announced operating results for the twelve-week period ended June 12, 2001. Adjusted net income (Net income before unusual items and non-cash compensation accruals) was $3,615,000 or $.15 per share ($.14 diluted) compared to $5,858,000 or $.22 per share ($.22 diluted) last year. Year to date adjusted net income was $10,998,000 or $.46 per share ($.44 diluted) compared to $12,961,000 or $.47 per share ($.47 diluted) in 2000. Due to increases in the Company's common stock price during the quarter, the non-cash stock compensation charge associated with certain options repriced in prior years was $9,094,000, after tax, resulting in a net loss for the quarter of $5,320,000 or $.22 per share. Second quarter revenue grew 1.4% to $136,069,000 and year to date revenue increased 2.3% to $279,821,000.
MySQL Community Threatened by Obscure .org Website
UPPSALA, Sweden, July 12, 2001 (PRIMEZONE) -- Open source software company MySQL AB today announced that an unauthorized party has set up a Website on www.mysql.ORG in direct violation of the trademark rights of MySQL AB and with the apparent goal to confuse the huge worldwide community of MySQL users.
Occidental Petroleum Corp.
Occidental Petroleum Declares Dividend
LOS ANGELES, July 12, 2001 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that its board of directors has declared a regular quarterly dividend of $.25 per share of common stock payable October 15, 2001, to stockholders of record on September 10, 2001.
GPU Energy Executive Named President of the Executive Leadership Council
WASHINGTON, July 12, 2001 (PRIMEZONE) -- Carl Brooks, the
recently retired Vice President of Human and Technical Resources
for GPU Energy in Reading, Pa., was named President of the
Executive Leadership Council (ELC) at the organization's Spring
General Meeting. Brooks' appointment follows a national search for
a new president after the former president, James Fowler, Jr.,
returned to corporate life.
Soho Announces Spudding Quest 14-10 Gas Well
VANCOUVER, BC, July 12, 2001.(PRIMEZONE) -- Soho Resources Corp. (CDNX:SOH) (http://www.sohoresources.ca) has been informed by Huntford Resources that surface casing has been set to 833 feet at the Quest 14-10 drill site located in Township 11 South Range 25 East, Uintah County, in Northeastern Utah. This well is a two mile step-out to the north of Huntford's Quest 16-21, Quest 1-22 and Quest 6-28 gas wells in the same township. The field has yet to be named but the three wells combined are flowing at a sustained gross rate of 1.35 MMCF gas per day. Casing was set by a small drilling rig designed to set only surface pipe. Huntford is now awaiting the arrival of a conventional drilling rig in the next two to six weeks when it becomes available. The target formation is the Wasatch at less than 2,300 feet. Soho Resources indirectly controls a 17.5 percent interest in the Quest 14-10 well.
Orc Software Delivers the Orc System to Three Canadian Banks
STOCKHOLM, Sweden, July 12, 2001 (PRIMEZONE) -- A consortium of BMO NesbittBurns, NBC National Bank Financial and RBC Dominion Securities has reached agreements with Orc Software (SSE:0RC) to provide the Orc System for real time pricing, trading and risk management on the Bourse de Montreal.
Pervasys to Webcast Miss Black California USA
LOS ANGELES, July 12, 2001 (PRIMEZONE) -- In a joint statement, Lawrence Lotman, Director of PERVASYS, INC. (NQB:PVYS) and Kenadie Cobbin, Executive Director of Miss & Ms. Black California USA announced the exclusive agreement for Pervsays to webcast the Miss & Ms. Black California USA 2001 pageant. The Pageant, featuring hosts Dorien Wilson, Neicy Nash and John Salley will be webcast live from Bovard Hall at the University of Southern California on Sunday July 29, 2001 at 7:00 PM and can be viewed at www.missblackcaliforniausa.com.
Careside Appoints Former HCFA Administrator Dr. Bruce C. Vladeck to Board of Directors
CULVER CITY, Calif., July 12, 2001 (PRIMEZONE) -- Careside, Inc. (AMEX:CSA), a provider of point-of-care blood analysis instrumentation and records management today announced that it has appointed Bruce C. Vladeck, Ph.D., 51, as a Director, increasing the size of the Board to seven members, six of which are independent directors. Dr. Vladeck, the former Administrator of the Health Care Financing Administration (HCFA) of the U.S. Department of Health and Human Services, currently serves as Senior Vice President for Policy of Mount Sinai NYU Health and Director of the Institute for Medicare Practice and Professor of Health Policy and Geriatrics at the Mount Sinai School of Medicine.