latest news releases from the newsroom
SurgiCare, Inc. Announces Record Second Quarter Results
HOUSTON, Aug. 14, 2001 (PRIMEZONE) -- SurgiCare, Inc. (AMEX:SRG), a Houston-based Ambulatory Surgical Center (ASC) provider, today announced record financial results for its second quarter ended June 30. The company reported revenues of $3,007,445, an increase of 119% over a comparable period last year, and net income of $285,228 or $0.02 per share (basic and diluted). For the six-month period ended June 30, the company had revenues of $6,175,762 vs. $2,599,453 for the same period last year. The Company also had net income for the six-month period of $652,291, or $0.05 per share vs. $506,567 or $0.04 per share last year.
Frontline Ltd.: Pollution Problem at Sea Solved ( with link)
OSLO, Norway, Aug. 14, 2001 (PRIMEZONE) -- With the present technology, emission of volatile organic compound (VOC) occurs during transport of oil at sea. Frontline Ltd. (Nasdaq:FRONY), the world's largest tanker company, is now developing methods capable of reclaim all polluting gases produced during sea transport. The vessel "Front Granite" has successfully tested the new technology developed in co-operation with the small Norwegian firm, Venturie AS.
StreetFusion to Feature Live and On-Demand Webcasts of Quarterly Earnings Conference Calls for MagneTek Incorporated, NEON Communications, Inc.; Webcasts of Calls Available at www.streetfusion.com
SAN FRANCISCO, Aug. 14, 2001 (PRIMEZONE) -- On Wednesday, August 15, 2001, StreetFusion, the online network for financial events, will webcast quarterly earnings calls for the companies listed below. Free access to these live and on-demand earnings call webcasts, a calendar of upcoming events, and an extensive library of archived webcasts are available at www.streetfusion.com.
Telenor to Sell its Stake in North-West GSM, St. Petersburg
OSLO, Norway, August 14, 2001 (PRIMEZONE) -- Telenor (Nasdaq:TELN) has signed an agreement to sell its 12.74 % share of Russian mobile operator, North-West GSM, to Telia and Sonera. North-West GSM has approximately 300.000 subscribers, mainly in St. Petersburg and the surrounding area.
Carrier1 International S.A.
Carrier1 Reports 2nd Quarter Results and Retirement of CEO; Chairman Victor Pelson Says Search for New CEO Nearly Complete
ZURICH, Switzerland, August 13, 2001 (PRIMEZONE) -- Carrier1 (Neuer Market: CJN) (Nasdaq:CONE) today announced its financial results for the second quarter ended June 30, 2001. The Company also announced the retirement of its President and Chief Executive Officer, Stig Johansson. A search for a new CEO is nearing completion, and the Company expects to announce the new CEO within 30 days. Victor Pelson, who became non-executive Chairman of Carrier1 in mid-May of this year, said that in the interim, executive duties would be assumed by senior officers of the Company, who will report to him. Mr. Pelson is a former senior AT&T executive. When he left AT&T in 1996 at the time of the Lucent Technologies and NCR spin-offs, he was a member of the AT&T Board of Directors and the executive responsible for AT&T's operations in the United States and around the world.
American Realty Investors, Inc.
American Realty Reports Second Quarter 2001 Net Income of $.78 vs. Loss of $.13 in 2000
DALLAS, Aug. 13, 2001 (PRIMEZONE) -- American Realty Investors, Inc. (NYSE:ARL) Monday announced increased equity in income of investees and decreased minority interest expense produced 2001 second quarter and six months net incomes of $7.9 million and $9.7 million, or $.78 and $.96 per share, on revenues of $48.1 million and $89.5 million, as compared to net losses of $1.4 million and $7.7 million, or losses of $.13 per share and $.71 per share, on revenues of $44.4 million and $89.9 million in the comparable periods of 2000.