Archive for April, 2006

Local Business News - The Register-Mail (Stock Trading)

Sunday, April 30th, 2006

Local Business News - The Register-Mail

LocalBusinessNews
The Register-Mail, IL -22 hours ago
- Linda Glisan was named assistant cashier and office manager, in addition to her other duties. - Mark Taber was promoted to assistant vice president.

Pennsylvania business news in brief - Centre Daily Times

Pennsylvaniabusinessnewsin brief
Centre Daily Times, PA -Apr 27, 2006
WAYNE, Pa. - Kenexa Corp., a personnel consulting company, on Thursday announced the opening of a new office in Taiwan. Kenexa's

People in business news - Annapolis Capital

People inbusinessnews
Annapolis Capital, MD -12 hours ago
Tammy Winters of Hanover has been named vice president for business banking group of Citizens National Group. She will be responsible

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -Apr 29, 2006
Neoware Systems Inc., King of Prussia, said its third-quarter fiscal 2006 revenues grew 46 percent to $27.8 million, up from $19 million during the
BusinessNewsshort takesArkansas Democrat-Gazette (subscription)
all 2 related

Business news in brief - Cincinnati Post

Businessnewsin brief
Cincinnati Post, OH -Apr 28, 2006
Despite reporting first-quarter profit that more than doubled, shares of Kendle International Inc., a clinical research company, lost $2.77 a share - 7 percent

Pennsylvania business news in brief - Centre Daily Times

Pennsylvaniabusinessnewsin brief
Centre Daily Times, PA -Apr 28, 2006
ALLENTOWN, Pa. - PPL Gas Utilities asked state regulators for a $12.8 million rate increase that would raise the monthly bill for

Friday Newspaper Review - Irish Business News and International … - FinFacts Ireland


FinFacts Ireland
Friday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -Apr 28, 2006
By Finfacts Team. The Irish Independent reports that renewed negotiations between Eircom and alternative broadband provider BT Ireland

Morning business news - RTE.ie

Morningbusinessnews
RTE.ie, Ireland -Apr 27, 2006
FOOD MAKERS CAN'T COPE WITH COSTS - This morning, there is a warning that consumers are facing a significant reduction in choice when it comes to the weekly

Thursday Newspaper Review - Irish Business News and International … - FinFacts Ireland

Thursday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -Apr 26, 2006
By Finfacts Team. The Irish Independent reports that the Government is expected to amend upcoming telecommunications legislation

BUSINESS NEWS - Charlotte Observer

BUSINESSNEWS
Charlotte Observer, NC -19 hours ago
Abernethy Laurels recently expanded salon services to include licensed esthetician Lindsay Davis.In addition to full-service hair care and massages, Abernethy

Second Enron trial to begin this week - Fort Wayne Journal Gazette (Stock Trading)

Sunday, April 30th, 2006

Second Enron trial to begin this week - Fort Wayne Journal Gazette

Second Enron trial to begin this week
Fort Wayne Journal Gazette, IN -30 minutes ago
three defendants were charged with fraud, conspiracy and insidertradingfor hyping capabilities of the network and profiting from selling inflatedstock.

Inside Track: Tough time for United to meet - Minneapolis Star Tribune (subscription)

Inside Track: Tough time for United to meet
Minneapolis Star Tribune (subscription), MN -39 minutes ago
shares in recent months. Thestockistradingjust under $50, well off its 52-week high of $64.61. Tuesday's meeting could help

Second Enron Trial to Begin This Week - The Kindred Times

Second Enron Trial to Begin This Week
The Kindred Times, Utah -46 minutes ago
three defendants were charged with fraud, conspiracy and insidertradingfor hyping capabilities of the network and profiting from selling inflatedstock.

Second Enron Trial to Begin This Week - The Westfall Weekly News

Second Enron Trial to Begin This Week
The Westfall Weekly News, Canada -47 minutes ago
three defendants were charged with fraud, conspiracy and insidertradingfor hyping capabilities of the network and profiting from selling inflatedstock.

Second Enron Trial to Begin This Week - Times Daily

Second Enron Trial to Begin This Week
Times Daily, AL -30 minutes ago
three defendants were charged with fraud, conspiracy and insidertradingfor hyping capabilities of the network and profiting from selling inflatedstock.

AOL Likely To Weigh On Time Warner's Results - Upcoming Week In … - Trading Markets

AOL Likely To Weigh On Time Warner's Results - Upcoming Week In
Trading Markets, CA -10 minutes ago
Accordingly, the management will be authorized to repurchase up to an aggregate of $20 billion of the company's commonstockbetween July 29, 2005 and December

Oil Companies Benefiting From Higher Energy Prices -Upcoming Week … - Trading Markets

Oil Companies Benefiting From Higher Energy Prices -Upcoming Week
Trading Markets, CA -12 minutes ago
Analyst Scott Soler from Morgan Stanley noted that the upgrade and new price target was based on his growing conviction that thestockoffers asymmetrical risk

Technology Sector's Health Failing? - Upcoming Week In Earnings - Trading Markets

Technology Sector's Health Failing? - Upcoming Week In Earnings
Trading Markets, CA -12 minutes ago
On April 7, Brokerage Morgan Stanley initiated coverage for SafeNetstockat"Equalfinancial results for the first quarter after the close oftradingon May 2

Tokyo shares outlook - Weaker on yen surge, mixed Wall St - Forbes

Tokyo shares outlook - Weaker on yen surge, mixed Wall St
Forbes -14 minutes ago
At the TokyoStockExchange, the Nikkei-225StockAverage closed down 208.31Tradinghouse Sojitz Corp, once heavily indebted, may advance after it said it

Investors Await Raft of Economic Data - nwitimes.com

Investors Await Raft of Economic Data
nwitimes.com, IN -30 minutes ago
NEW YORK - Majorstockindexes held above five-year highs last week, even as aErratictradingleft stocks little changed last week as Wall Street waffled over

Stock Trading - Friday Newspaper Review - Irish Business News and International … - FinFacts Ireland

Sunday, April 30th, 2006

Friday Newspaper Review - Irish Business News and International … - FinFacts Ireland


FinFacts Ireland
Friday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -Apr 28, 2006
By Finfacts Team. The Irish Independent reports that renewed negotiations between Eircom and alternative broadband provider BT Ireland

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -Apr 29, 2006
Neoware Systems Inc., King of Prussia, said its third-quarter fiscal 2006 revenues grew 46 percent to $27.8 million, up from $19 million during the
BusinessNewsshort takesArkansas Democrat-Gazette (subscription)
all 2 related

Morning business news - RTE.ie

Morningbusinessnews
RTE.ie, Ireland -Apr 27, 2006
FOOD MAKERS CAN'T COPE WITH COSTS - This morning, there is a warning that consumers are facing a significant reduction in choice when it comes to the weekly

Local Business News - The Register-Mail

LocalBusinessNews
The Register-Mail, IL -14 hours ago
- Linda Glisan was named assistant cashier and office manager, in addition to her other duties. - Mark Taber was promoted to assistant vice president.

BUSINESS NEWS - Charlotte Observer

BUSINESSNEWS
Charlotte Observer, NC -11 hours ago
Abernethy Laurels recently expanded salon services to include licensed esthetician Lindsay Davis.In addition to full-service hair care and massages, Abernethy

People in business news - Annapolis Capital

People inbusinessnews
Annapolis Capital, MD -4 hours ago
Tammy Winters of Hanover has been named vice president for business banking group of Citizens National Group. She will be responsible

Global Values CBoK s stock fair value at 1,351fils and … - Al-Bawaba (Stock Trading)

Sunday, April 30th, 2006

Global Values CBoK s stock fair value at 1,351fils and … - Al-Bawaba

Global Values CBoK sstockfair value at 1,351fils and
Al-Bawaba, Jordan -1 hour ago
Based on the current market price of 1,180fils, thestockistradingat a 14.7x 2005 earnings and 3.9x 2005 book value. On a one

The North West Company Fund Announces Today That it has Completed … - Market Wire (press release)

The North West Company Fund Announces Today That it has Completed
Market Wire (press release) -1 hour ago
NWC operates 193 stores under a number oftradingnames, including Northern, NorthMartThe units of the Fund trade on the TSX TorontoStockExchange under the

`The more you trade, the worse you do' - San Jose Mercury News

`The more you trade, the worse you do'
San Jose Mercury News,  USA -5 minutes ago
You may have paid $13.39 (or more) to buy a block ofstockand thenfirm ITG Solutions Network who has spent three decades studyingtradingcosts, estimates

Is the stock market due for correction? - Buffalo News

Is thestockmarket due for correction?
Buffalo News,  United States -2 hours ago
month, the current string of days without a correction (785tradingdays) willequity research analyst at the Leuthold Group, a Minneapolisstockresearch firm

Crew Gold Corp.: Notification of Trade (Stock Trading)

Sunday, April 30th, 2006

Crew Gold Corp.: Notification of Trade
LONDON, April 28, 2006 (PRIMEZONE) — Crew Gold Corporation ("Crew") (TSX:CRU) (Oslo:CRU) (Frankfurt:KNC) (Other OTC:CRUGF): On April 27, 2006, Jan A Vestrum, President and CEO of Crew acquired 200,000 common shares at an average price of NOK 14.05.

China Gold Corp. Announces Five for One Forward Stock Split
GUANG NING, China, April 28, 2006 (PRIMEZONE) — China Gold Corp. (Pink Sheets:CGDC) is a Nevada Corporation, engaged in gold and minerals exploration and development of gold and mineral properties in China. The company is pleased to announce today that the board of directors has approved a five-for-one forward stock split. The record date for the forward stock split is to be effective closing Friday, May 12, 2006. Stockholders of the record date will be entitled to four additional shares of common stock for each share of common stock held on that date.

GL Energy&Exploration Board Approves Reverse Stock Split
HOLLYWOOD, April 28, 2006 (PRIMEZONE) — GL Energy&Exploration, Inc. (OTCBB:GEEX) announced today that on April 21, 2006, its Board of Directors approved and authorized for submission to stockholders for approval, an amendment to its certificate of incorporation to provide for a 1-for-74 reverse split of its outstanding common stock. In March 2006, GL Energy's Board approved and authorized for submission to its stockholders for approval, an amendment to its certificate of incorporation to provide for (i) a 1-for-35 reverse split of its outstanding common stock and (ii) changing its name to"American Southwest Music Distribution, Inc."Prior to submission to the stockholders, the Board deemed it advisable to increase the size of the reverse split. Upon consummation of the 1-for 74 reverse split, GL Energy will have approximately 8,978,136 shares of common stock issued and outstanding

Harsco Promotes Gerson as Chief Information Officer
HARRISBURG, Pa., April 28, 2006 (PRIMEZONE) — Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that Scott H. Gerson has been promoted to the position of Vice President and Chief Information Officer of the Company effective May 1, 2006.

Northrop Grumman Appoints Joe G. Taylor and George J. Batsakis as Vice Presidents of Tactical Systems
RESTON, Va., April 28, 2006 (PRIMEZONE) — Northrop Grumman Corporation (NYSE:NOC) has named Joe G. Taylor and George J. Batsakis as vice presidents of the Tactical Systems Division, a business unit in the company's Mission Systems sector. They will report to Kelley Zelickson, the Tactical Systems Division vice president and general manager.

Medical Devices Industry Leader Anthony Viscogliosi to Give Sunday's Commencement Speech at University of Michigan-Dearborn
NEW YORK, April 28, 2006 (PRIMEZONE) — University of Michigan- Dearborn 1984 graduate Anthony Viscogliosi will address the issue of leadership during the school's graduation ceremony this Sunday.

Metso and Aker Kvaerner Sign the Purchase Agreement Regarding the Pulping and Power Business
HELSINKI, Finland, April 28, 2006 (PRIMEZONE) — Metso and Aker Kvaerner have signed the final purchase agreement whereby Metso will acquire Aker Kvaerner's Pulping and Power business. The closing will require relevant regulatory approvals. Metso estimates that the transaction could be finalized and the business transferred to its ownership during the second half of 2006.

Stock Trading - Auto Slump Pulls Down Chrysler's First Quarter

Sunday, April 30th, 2006

Auto Slump Pulls Down Chrysler's First Quarter
Chrysler fell under the pressures afflicting the rest of the auto industry in the first quarter as its operating profit slid 52 percent from the corresponding period a year ago.
Sholnn Freeman

Costly Gas? Roll With It.
Will gasoline prices continue to go up? You can bet on it.
Don Oldenburg

Profits, Prices Spur Oil Outrage
Exxon Mobil Corp. reported $8.4 billion in first-quarter profit yesterday, as members of Congress outraged over high gasoline prices hastened to propose measures that would boost taxes on oil firms, open new areas to drilling and provide rebates to taxpayers but would not necessarily alter prices…

Steven Mufson and Shailagh Murray

Fairfax Deal To Transfer School Land To County
The Fairfax County School Board voted unanimously last night to turn over a dozen unneeded school-owned properties to the county in return for a $150 million boost in bond funding for construction and building maintenance over the next six years.
Maria Glod

Stock Sales Scrutinized In Enron Trial
HOUSTON, April 27 — A federal prosecutor used evidence that the son of Enron Corp. founder Kenneth L. Lay bet the company's stock price would fall to poke holes in Lay's contention that short-sellers — not fraud — helped push Enron into bankruptcy protection in December 2001.
Carrie Johnson

Ex-Integral CEO Guilty of Sex Charge
Steven R. Chamberlain, a founder of Lanham-based Integral Systems Inc., pleaded guilty to a sex offense involving a minor and could face up to a year in jail, the Howard County State's Attorney's Office said in a statement yesterday.
Dina ElBoghdady

Comcast's Bundled Services Generate 1st-Quarter Profit Surge
Comcast Corp. said its first-quarter net income more than tripled, rising to $466 million, boosted by sales of bundled services to customers interested in the cable company's Internet, phone and on-demand video services.
Sara Kehaulani Goo

U.S. Says It May Have Deal in Lumber Fight
WASHINGTON — The U.S. and Canada announced a tentative agreement Thursday to settle a drawn-out and heated trade battle over softwood lumber, a major home-building component. Americans should not expect a price break from the deal when they pay for their new house.
MARTIN CRUTSINGER

Anxiety and the Ax
Andrew Card, Scott McClellan and Karl Rove. One right after the other. Quickly. Do you think the White House aides, interns and legions of speechwriters last week were biting their lips, wondering what was next? If they were next?
Amy Joyce

A Campaign To Tighten Executive Pay
After years of complaining about sky-high executive pay packages, this year shareholder activists are finally getting some traction in their efforts to do something about the issue.
Brooke A. Masters

Business news in brief - Cincinnati Post (Stock Trading)

Saturday, April 29th, 2006

Business news in brief - Cincinnati Post

Businessnewsin brief
Cincinnati Post, OH -Apr 28, 2006
Despite reporting first-quarter profit that more than doubled, shares of Kendle International Inc., a clinical research company, lost $2.77 a share - 7 percent
Businessnewsin briefCincinnati Post
all 2 related

Business News short takes - Arkansas Democrat-Gazette (subscription)

BusinessNewsshort takes
Arkansas Democrat-Gazette (subscription), AR -Apr 28, 2006
SAN FRANCISCO Facing its stiffest competition in years and a slowing demand for computers, Intel Corp. is planning a broad restructuring

Business News - Danmark.dk

BusinessNews
Danmark.dk, Denmark -Apr 28, 2006
Novo Nordisk, the world's largest producer of insulin, announced first quarter 2006 earnings that exceeded market expectations.

Pennsylvania business news in brief - Centre Daily Times

Pennsylvaniabusinessnewsin brief
Centre Daily Times, PA -Apr 28, 2006
ALLENTOWN, Pa. - PPL Gas Utilities asked state regulators for a $12.8 million rate increase that would raise the monthly bill for

Morning Business News - RTE.ie

MorningBusinessNews
RTE.ie, Ireland -Apr 28, 2006
NEW CORK TERMINAL DELAYED AGAIN - Anyone flying into Cork in recent times would have noticed a very impressive looking new terminal building under construction

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -20 hours ago
Neoware Systems Inc., King of Prussia, said its third-quarter fiscal 2006 revenues grew 46 percent to $27.8 million, up from $19 million during the
BusinessNewsshort takesArkansas Democrat-Gazette (subscription)
all 2 related

Business news in brief from around New Jersey - Newsday

Businessnewsin brief from around New Jersey
Newsday, NY -Apr 28, 2006
NEW BRUNSWICK, NJ (AP) _ Drug and consumer health product maker Johnson& Johnson has hiked its dividend rate for the 44th straight year, raising the

Friday Newspaper Review - Irish Business News and International … - FinFacts Ireland


FinFacts Ireland
Friday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -Apr 28, 2006
By Finfacts Team. The Irish Independent reports that renewed negotiations between Eircom and alternative broadband provider BT Ireland

Lumber deal is fair, BC Premier says - (Stock Trading) Globe and Mail

Saturday, April 29th, 2006

Lumber deal is fair, BC Premier says - Globe and Mail


Ottawa Sun
Lumber deal is fair, BC Premier says
Globe and Mail -17 hours ago
Vancouver and Edmonton - Premier Gordon Campbell says he still believes in the softwood lumber deal, despite concerns from BC forest companies that it gives the United States veto power over provincial forestry policy.
Conservatives defend lumber deal against criticsCTV.ca
US Settles Rift With Canada on LumberWashington Post
CBC News -Toronto Star -Canada.com -Xinhua -all 717 related

Wal-Mart same-store sales up 6.8% in April - MarketWatch

Wal-Mart same-store sales up 6.8% in April
MarketWatch -7 hours ago
WASHINGTON (MarketWatch) - Wal-Mart Stores Inc. on Saturday estimated that April same-store sales rose by around 6.8%, boosted by a late Easter.
Wal-Mart April Sales Beat ForecastWall Street Journal (subscription)
Wal-Mart's April Sales Rise 6.8%TheStreet.com
Trading Markets -Chicago Tribune -CNNMoney.com -Bloomberg -all 8 related

RealNetworks' Q1 net income soars - Bizjournals.com


Financial Times
RealNetworks' Q1 net income soars
Bizjournals.com -Apr 27, 2006
Thanks to a settlement with Microsoft Corp., first-quarter net income at RealNetworks Inc. soared to $24.9 million, or 14 cents per diluted share from $800,000, or zero per share, a year earlier.
Microsoft earnings slip below targetsZDNet
all 459 related

Hunter outlines'grave concerns' over Alcatel merger with Lucent - Financial Times

Hunter outlines'grave concerns' over Alcatel merger with Lucent
Financial Times -1 hour ago
A powerful Republican lawmaker yesterday said he had"several grave concerns" about the proposed merger of France's Alcatel and Lucent of the US, including the"significant
Alcatel, Lucent `Confident' of Addressing Concerns (Update1)Bloomberg
Key US lawmaker worried about Lucent-Alcatel dealReuters India
all 11 related

Wagoner's total pay cut in half - Detroit Free Press


Washington Post
Wagoner's total pay cut in half
Detroit Free Press -13 hours ago
General Motors Corp. cut Chief Executive Officer Rick Wagoner's pay by 46% to $5.48 million for his work last year, which he said was one of the most difficult in the 98-year history of the automaker.
GM Chief's Pay Cut Nearly in Half Last YearNew York Times
GM CEO s pay halved to $5.5 millionFinancial Express
San Jose Mercury News -Chicago Tribune -Trading Markets -Reuters South Africa -all 74 related

Hyundai chairman Chung in custody - Financial Times


TVNZ
Hyundai chairman Chung in custody
Financial Times -20 hours ago
Chung Mong-koo, chairman of Hyundai Motor, was in custody last night after being arrested on charges of embezzlement and breach of trust, leaving the world's seventh largest carmaker in the hands of an interim management team.
Where Will Bribe Scandal Steer Hyundai?MSNBC
Hyundai Motor chairman arrested on suspicion of embezzlementCBC News
MSN Money -Chosun Ilbo -Bangkok Post -Reuters -all 828 related

Bush Backs Dubai Firm's Plant Operations - Guardian Unlimited


Boston Globe
Bush Backs Dubai Firm's Plant Operations
Guardian Unlimited -Apr 28, 2006
President Bush on Friday approved a deal for a Dubai-owned company to take control of some US plants that manufacture parts for American military contractors.
Update 4: Bush OKs Dubai Firm Operating US PlantsForbes
Bush Set to Approve Takeover of 9 Military Plants by DubaiNew York Times
Houston Chronicle -Hartford Courant -Khaleej Times -Connecticut Post -all 280 related

ADM's focus clear with choice of CEO - Chicago Tribune


Buffalo News
ADM's focus clear with choice of CEO
Chicago Tribune -19 hours ago
The new president and chief executive of agriculture giant Archer Daniels Midland Co. has three striking characteristics: She's a woman, she hails from Big Oil and she's not a member of the Andreas family.
ADM selects Woertz as new chief executiveMSNBC
ADM taps oil exec as new CEO amid ethanol pushReuters
San Jose Mercury News -Bloomberg -MSN Money -Monsters and Critics.com -all 188 related

US stocks mixed as GDP rises 4.8 percent - People's Daily Online


ABC News
US stocks mixed as GDP rises 4.8 percent
People's Daily Online -22 hours ago
US stocks was mixed Friday on Microsoft's poor outlook, although US gross domestic product grew 4.8 percent, the fastest pace in two years.
US stocks fall on poor Microsoft outlookNinemsn
Microsoft pummels NasdaqCNN
Reuters -Forbes -Bangkok Post -Houston Chronicle -all 359 related

US May Reduce Mad-Cow Testing After Few Cases Found (Update2) - Bloomberg


Edmonton Journal (subscription)
US May Reduce Mad-Cow Testing After Few Cases Found (Update2)
Bloomberg -Apr 28, 2006
The US may reduce the number of tests for mad-cow disease by almost 90 percent after data collected over two years showed the domestic herd is healthy, government officials said.
Mad cow rate less than 1 in 1 million: USDAReuters
Mad cow rate less than one in a million, says USReuters AlertNet
Canada.com -African News Dimension -Mainichi Daily News -Washington Post -all 218 related

Chevron Posts 49% Increase in Profit - Los Angeles Times


Calgary Sun
Chevron Posts 49% Increase in Profit
Los Angeles Times -16 hours ago
A consumer group accuses the company of profiteering after it reports earnings of $4billion, boosted by oil extraction and refining.
Chevron racks up $4 billion quarterChicago Tribune
Chevron 1st-Qtr Profit Climbs 49% as Oil Prices Rise (Update5)Bloomberg
Washington Post -Reuters -USA Today -San Jose Mercury News -all 614 related

Bush Calls Higher Oil Prices Wake-Up Call - Voice of America


Washington Post
Bush Calls Higher Oil Prices Wake-Up Call
Voice of America -Apr 28, 2006
President Bush Friday said that the tripling of the price of oil since he became president in 2001 is a wake-up call that should hasten the development of alternative sources of energy.
Bush rejects most congressional remedies to high gas pricesMarketWatch
President rejects call for profit tax on oil firmsBoston Globe
Houston Chronicle -ABC News -Guardian Unlimited -New York Daily News -all 364 related

Four former Knight-Ridder dailies sold - Monsters and Critics.com


Washington Post
Four former Knight-Ridder dailies sold
Monsters and Critics.com -Apr 27, 2006
California`s McClatchy Co. is selling four of the daily newspapers it bought from Knight-Ridder Inc. for $1 billion. Under terms of the all-cash deal, Denver`s MediaNews Group Inc.
4 Knight Ridder Papers to Be Sold for $1 BillionNew York Times
MediaNews Buys 4 Papers From McClatchyABC News
BusinessWeek -Malaysia Star -Editor&Publisher -Minnesota Public Radio -all 377 related

SBI hikes loan, deposit rates - Economic Times


Zee News
SBI hikes loan, deposit rates
Economic Times -1 hour ago
MUMBAI: The country s biggest bank, State Bank of India has hiked the interest rate on home and corporate loans, as well as revised the return on deposits.
Indian Bank, IOB to decide on rate revision soonHindu Business Line
Home loans become costlierThe Tribune
Outlook (subscription) -Mumbai Mirror -The Statesman -Financial Express -all 39 related

Nasdaq Squashed by Microsoft (Stock Trading)

Saturday, April 29th, 2006

Nasdaq Squashed by Microsoft
Microsoft stock suffered its worst loss in six years today after the software giant said it plans to pump billions of dollars into building up its Internet operations.

Jerry Knight

Profits, Prices Spur Oil Outrage
Exxon Mobil Corp. reported $8.4 billion in first-quarter profit yesterday, as members of Congress outraged over high gasoline prices hastened to propose measures that would boost taxes on oil firms, open new areas to drilling and provide rebates to taxpayers but would not necessarily alter prices…

Steven Mufson and Shailagh Murray

Ex-Integral CEO Guilty of Sex Charge
Steven R. Chamberlain, a founder of Lanham-based Integral Systems Inc., pleaded guilty to a sex offense involving a minor and could face up to a year in jail, the Howard County State's Attorney's Office said in a statement yesterday.
Dina ElBoghdady

Aetna Shares Fall; 2 Executives to Retire
Shares of Aetna Inc., one of the nation's largest health insurers, fell sharply yesterday after the company reported strong earnings but announced the retirement of two key executives and revealed that a computer with sensitive customer information was stolen.

Post

A Good Week to Be a Public Servant — and Recognized for It
If it's the first week of May, then it's Public Service Recognition Week. This year's celebration, which honors federal, state and local government employees across the nation, features a naturalization ceremony on the Mall for 25 new citizens and a keynote address by Postmaster General John E….
Stephen Barr

Stock Sales Scrutinized In Enron Trial
HOUSTON, April 27 — A federal prosecutor used evidence that the son of Enron Corp. founder Kenneth L. Lay bet the company's stock price would fall to poke holes in Lay's contention that short-sellers — not fraud — helped push Enron into bankruptcy protection in December 2001.
Carrie Johnson

Metso Corporation's Interim Review, January 1 — March 31, 2006: Strong Order Backlog and Profit Performance Continued (Stock Trading) in First Quarter

Saturday, April 29th, 2006

Metso Corporation's Interim Review, January 1 — March 31, 2006: Strong Order Backlog and Profit Performance Continued in First Quarter
HELSINKI, Finland, April 28, 2006 (PRIMEZONE) — A news conference will be held today on April 28, 2006 at 1:30 p.m. in Finnish and at 3:00 p.m. in English at Metso's Corporate Office, Fabianinkatu 9 A, Helsinki, Finland.

SmallCap Sentinel: The Coming Out Party for Cancer Drugs
IRVINE, Calif., April 28, 2006 (PRIMEZONE) –"Companies developing drugs and treatments within the cancer field are showcasing their findings with public presentations to the most important of audiences,"stated SmallCap Sentinel analyst D.R. Clark."It's a critical part of the treatment development process for companies to bring their candidates to the scientific community."

eNucleus Provides Update on its 10K Filing
CHICAGO, April 28, 2006 (PRIMEZONE) — eNucleus, Inc. (OTCBB:ENUI) today provided a further update on its 10K filing. The company is in the process of completing the filing and anticipates filing shortly.

Northrop Grumman Appoints Joe G. Taylor and George J. Batsakis as Vice Presidents of Tactical Systems
RESTON, Va., April 28, 2006 (PRIMEZONE) — Northrop Grumman Corporation (NYSE:NOC) has named Joe G. Taylor and George J. Batsakis as vice presidents of the Tactical Systems Division, a business unit in the company's Mission Systems sector. They will report to Kelley Zelickson, the Tactical Systems Division vice president and general manager.

Microsemi Corporation Closes Acquisition of Advanced Power Technology
IRVINE, Calif., April 28, 2006 (PRIMEZONE) — Microsemi Corporation (Nasdaq:MSCC) announced today that it has finalized its acquisition of Advanced Power Technology (Nasdaq:APTI) in a combined stock and cash transaction. With this acquisition, Microsemi provides customers with a broader range of high-performance analog, high reliability and RF products.

Bexil Corporation Announces Consummation of York Sale and Payment Date of Special Dividend
NEW YORK, April 28, 2006 (PRIMEZONE) — Bexil Corporation (AMEX:BXL) announced today that it had consummated the sale of its 50% interest in privately held York Insurance Services Group, Inc. to a newly formed entity controlled by a private equity fund and certain other investors for approximately $39 million in cash.

Stonebridge Closes First M.O.U.
HOUSTON, April 28, 2006 (PRIMEZONE) — Stonebridge Resources Exploration, Ltd. (Pink Sheets:SBRX) has executed its first Memorandum of Understanding (MOU) with Christian Operating Company for the acquisition of 50% of Christian's No. 4 Port Arthur asset. The MOU with Christian Operating is the first of several acquisitions undertaken by Stonebridge in an effort to attain revenue producing oil and gas assets.

China Gold Corp. Announces Five for One Forward Stock Split
GUANG NING, China, April 28, 2006 (PRIMEZONE) — China Gold Corp. (Pink Sheets:CGDC) is a Nevada Corporation, engaged in gold and minerals exploration and development of gold and mineral properties in China. The company is pleased to announce today that the board of directors has approved a five-for-one forward stock split. The record date for the forward stock split is to be effective closing Friday, May 12, 2006. Stockholders of the record date will be entitled to four additional shares of common stock for each share of common stock held on that date.

Sage Global Solutions, Inc. Signs Letter of Intent to Acquire RJC Insurance Services
IRVINE, Calif., April 28, 2006 (PRIMEZONE) — Sage Global Solutions, Inc. (Pink Sheets:SGGL) announced today that it has signed a Letter of Intent to acquire RJC Insurance Services, a full service commercial lines insurance agency.

Scott Kays Will Appear on'Corporate Strategies With Tim Connolly'Sunday, April 30, 2006
HOUSTON, April 28, 2006 (PRIMEZONE) — Scott Kays will appear on"Corporate Strategies with Tim Connolly", Sunday, April 30, 2006 at 9:00 pm ET. Scott Kays, CFP(r) is the author of Five Key Lessons from Top Money Managers, and Achieving Your Financial Potential. In 1985, Kays founded Kays Financial Advisory Corporation, an Atlanta-based money management firm with approximately $100 million in client assets. He has written numerous financial articles and given financial talks for NAIC, IBM, AT&T, and BellSouth. He has been quoted in the New York Times, Washington Post, Investor's Business Daily, Bloomberg Personal Wealth, Journal of Financial Planning, and Money magazine. He appears regularly on CNBC's"Closing Bell,"Fox News Channel's"Your World With Neil Cavuto"and"Forbes on Fox."Kays earned a B.S. in Industrial Management from the Georgia Institute of Technology. He is also a member of MENSA (the national high-IQ society), Gamma Beta Phi National Honorary Fraternity, and the Financial Planning Association. Emerge Capital Corp. (OTCBB:EMGC) is the lead sponsor of The Corporate Strategies Business Talk Radio Show. Previous guests of the show have included U.S. Senator John McCain, former SEC Chairman Arthur Levitt, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, Mario Gabelli, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others. The Business Talk Radio and Cable Radio Network Show may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net. This hour of"Corporate Strategies with Tim Connolly"is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted Economist Mike King of Princeton Research provides live technical analysis for the show.

Harsco Promotes Gerson as Chief Information Officer
HARRISBURG, Pa., April 28, 2006 (PRIMEZONE) — Worldwide industrial services and products company Harsco Corporation (NYSE:HSC) announced today that Scott H. Gerson has been promoted to the position of Vice President and Chief Information Officer of the Company effective May 1, 2006.

Idea Sports Entertainment Group, Inc. Announces Approval of Name Change and Reverse Stock Split
DALLAS, April 28, 2006 (PRIMEZONE) — Idea Sports Entertainment Group, Inc. (OTCBB:ISPOE) announced today that it will effectuate a name change and a 1 for 200 reverse split of its outstanding shares of common stock. The effective date for the reverse stock split will be May 15, 2006, without any further action on the part of the Company or its stockholders. The Company's common stock will be converted into new common stock based upon the 1 for 200 conversion ratio. In addition, on the effective date, the Company's name will change to HealthSport, Inc.

GL Energy&Exploration Board Approves Reverse Stock Split
HOLLYWOOD, April 28, 2006 (PRIMEZONE) — GL Energy&Exploration, Inc. (OTCBB:GEEX) announced today that on April 21, 2006, its Board of Directors approved and authorized for submission to stockholders for approval, an amendment to its certificate of incorporation to provide for a 1-for-74 reverse split of its outstanding common stock. In March 2006, GL Energy's Board approved and authorized for submission to its stockholders for approval, an amendment to its certificate of incorporation to provide for (i) a 1-for-35 reverse split of its outstanding common stock and (ii) changing its name to"American Southwest Music Distribution, Inc."Prior to submission to the stockholders, the Board deemed it advisable to increase the size of the reverse split. Upon consummation of the 1-for 74 reverse split, GL Energy will have approximately 8,978,136 shares of common stock issued and outstanding

Delta Signs Sponsorship With Atlanta Braves Star Jeff Francoeur
ATLANTA, April 28, 2006 (PRIMEZONE) — Atlanta Braves star Jeff Francoeur had a dramatic takeoff during his rookie season last year, so it is natural that Delta Air Lines, a team partner, today announced a multi-level sponsorship agreement with the Atlanta native. The multi-year agreement includes promotional appearances, involvement in community outreach programs and participation in the airline's new marketing campaign.

PracticeXpert Reports 2005 Year End Results
LOS ANGELES, April 28, 2006 (PRIMEZONE) — PracticeXpert, Inc. (OTCBB:PXPT), today announced its results for the twelve month period ended December 31, 2005.

Medical Devices Industry Leader Anthony Viscogliosi to Give Sunday's Commencement Speech at University of Michigan-Dearborn
NEW YORK, April 28, 2006 (PRIMEZONE) — University of Michigan- Dearborn 1984 graduate Anthony Viscogliosi will address the issue of leadership during the school's graduation ceremony this Sunday.