Archive for April, 2006

CHC Ends Acquisition Talks - MSN Money (Stock Trading)

Thursday, April 27th, 2006

CHC Ends Acquisition Talks - MSN Money

CHC Ends Acquisition Talks
MSN Money -7 minutes ago
Shares of CHC fell $1.56, or 6 percent, to $24.29 in morningtradingon the New YorkStockExchange. The shares have traded in a

XM's Loss Widens; Feds Probe Its Marketing - Bluefield Daily Telegraph

XM's Loss Widens; Feds Probe Its Marketing
Bluefield Daily Telegraph, WV -6 minutes ago
sales of $201.5 million. XM's shares slumped 86 cents, or 3.9 percent, to $21.15 in morningtradingon the NasdaqStockMarket.

Stocks Find Footing on Bernanke Comments - Bluefield Daily Telegraph

Stocks Find Footing on Bernanke Comments
Bluefield Daily Telegraph, WV -6 minutes ago
Overseas, Japan's Nikkeistockaverage rose 0.3 percent. In afternoontrading, Britain's FTSE 100 was down 0.7 percent, Germany's DAX index was down 0.7 percent

American Stock Exchange Lists Bank of America 1.75% Index CYCLES … - PR Newswire (press release)

AmericanStockExchange Lists Bank of America 1.75% Index CYCLES
PR Newswire (press release), NY -8 minutes ago
NEW YORK, April 27 /PRNewswire/ — The AmericanStockExchange(R) (Amex(R)) today begantradingBank of America's 1.75% Index CYCLES linked to the S&P 500 Index

MGM Mirage profit up nearly 30 pct - Reuters

MGM Mirage profit up nearly 30 pct
Reuters -6 minutes ago
increase in the fourth quarter. MGM shares were down 11 cents at $43.83 in morningtradingon the New YorkStockExchange. Continued…

Tim Hortons Inc. Announces Strong First-Quarter Results; Revenue … - Business Wire (press release)

Tim Hortons Inc. Announces Strong First-Quarter Results; Revenue
Business Wire (press release), CA -7 minutes ago
Tim Hortons completed its IPO of 17.25% of the Company, withtradingcommencing on the TorontoStockExchange and New YorkStockExchange on March 24.

Feds probe XM, stock falls - Bizjournals.com

Feds probe XM,stockfalls
Bizjournals.com, NC -8 minutes ago
Stockin XM Satellite Radio fell about 7 percent in earlytradingThursday as the satellite-radio company revealed in a regulatory filing that the Federal

Wendy's reports flat earnings in first quarter - Centre Daily Times

Wendy's reports flat earnings in first quarter
Centre Daily Times, PA -4 minutes ago
Wendy's shares were up nearly 2 percent, or $1.02, to $62.78 intradingThursday morning on the New YorkStockExchange. Its shares

Exxon Quarterly Profit 5th Highest Ever - Midwest City Sun

Exxon Quarterly Profit 5th Highest Ever
Midwest City Sun, OK -6 minutes ago
a higher profit of $1.47 per share for the latest quarter, and shares fell $1.02, or 1.6 percent, to $62.08 in morningtradingon the New YorkStockExchange.

Exxon Quarterly Profit 5th Highest Ever - Bluefield Daily Telegraph

Exxon Quarterly Profit 5th Highest Ever
Bluefield Daily Telegraph, WV -6 minutes ago
a higher profit of $1.47 per share for the latest quarter, and shares fell $1.02, or 1.6 percent, to $62.08 in morningtradingon the New YorkStockExchange.

Softwood deal in peril - (Stock Trading) National Post

Thursday, April 27th, 2006

Softwood deal in peril - National Post


CBC News
Softwood deal in peril
National Post -1 hour ago
WASHINGTON and VANCOUVER - Canadian and US trade officials pounded out a tentative agreement to end the bitter softwood lumber dispute yesterday, but some industry players have already lined up to oppose the deal.
Reduction in quotas comes as surprise to OntarioGlobe and Mail
On Lumber IssueWall Street Journal (subscription)
New York Times -CBC News -London Free Press -CTV.ca -all 194 related

Business News IN BRIEF: Debenhams Bars Retail Investors - Black Enterprise (Stock Trading)

Thursday, April 27th, 2006

Business News IN BRIEF: Debenhams Bars Retail Investors - Black Enterprise

BusinessNewsIN BRIEF: Debenhams Bars Retail Investors
Black Enterprise, NY -21 hours ago
The proposed pounds 2bn flotation of Debenhams ran into controversy yesterday after it emerged retail investors were barred from subscribing for shares in the

Business news briefs: 4/27/06 - Pittsburgh Post Gazette

Businessnewsbriefs: 4/27/06
Pittsburgh Post Gazette, PA -3 hours ago
Shares of Ampco-Pittsburgh Corp. rose again yesterday after the industrial products company declined a New York Stock Exchange request

Business news in brief from around New Jersey - Newsday

Businessnewsin brief from around New Jersey
Newsday, NY -15 hours ago
HACKENSACK, NJ (AP) _ The wireless fleet management system made by ID Systems Inc. will soon be rolling on trucks working at a facility of Weyerhaeuser Co.

Business News& Notes - Falls Church News Press

BusinessNews& Notes
Falls Church News Press, VA -5 hours ago
By Sally Cole. Washingtonian magazine is soliciting input for its July Best and Worst issue. They are seeking the nominations for

Morning Business News - RTE.ie

MorningBusinessNews
RTE.ie, Ireland -23 hours ago
AIB TO SELL BALLSBRIDGE PROPERTY- AIB announced today that they are to sell their existing bankcentre in Ballsbridge for 377.7m cash.

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


FinFacts Ireland
Wednesday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -23 hours ago
By Finfacts Team. The Irish Independent reports that BANK of Ireland's private banking division expects to take in about 1bn from

In other business news - Buffalo News

In otherbusinessnews
Buffalo News,  United States -18 hours ago
Seagate Technology LLC is beefing up the capacity of its hard disk drives to a whopping 750 gigabytes, offering consumers of digital media more storage for

Business news in brief - Cincinnati Post

Businessnewsin brief
Cincinnati Post, OH -17 hours ago
CINCINNATI — Shares of Cincinnati-based Convergys jumped $1.53 (8.47 percent) Tuesday after it reported first quarter earnings of $36.7 million, an increase

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -23 hours ago
Aztar Corp., Phoenix, said yesterday that a revised acquisition offer it received Monday from Ameristar Casinos Inc., Las Vegas, was"superior" to the current

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

Thursday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -22 minutes ago
By Finfacts Team. The Irish Independent reports that the Government is expected to amend upcoming telecommunications legislation

Business news in brief - Manchester Evening News (Stock Trading)

Wednesday, April 26th, 2006

Business news in brief - Manchester Evening News

Businessnewsin brief
Manchester Evening News, UK -19 hours ago
SHARES in Altrincham traffic information company ITIS rose 14.5 per cent to 57.25p after the company said it was on track to beat City profit expectations.

In other business news - Buffalo News

In otherbusinessnews
Buffalo News,  United States -14 hours ago
Seagate Technology LLC is beefing up the capacity of its hard disk drives to a whopping 750 gigabytes, offering consumers of digital media more storage for

Morning Business News - RTE.ie

MorningBusinessNews
RTE.ie, Ireland -19 hours ago
AIB TO SELL BALLSBRIDGE PROPERTY- AIB announced today that they are to sell their existing bankcentre in Ballsbridge for 377.7m cash.

Business News& Notes - Falls Church News Press

BusinessNews& Notes
Falls Church News Press, VA -1 hour ago
By Sally Cole. Washingtonian magazine is soliciting input for its July Best and Worst issue. They are seeking the nominations for

Pacific Business News (Honolulu) - 8:40 PM HAST Tuesday - Pacific Business News

PacificBusinessNews(Honolulu) - 8:40 PM HAST Tuesday
Pacific Business News, HI -20 hours ago
The current convention at the Hawaii Convention Center, one of the biggest in years, has drawn more than 8,000 experts on trouble to the islands.

Business news in brief - Philadelphia Inquirer

Businessnewsin brief
Philadelphia Inquirer, PA -19 hours ago
Aztar Corp., Phoenix, said yesterday that a revised acquisition offer it received Monday from Ameristar Casinos Inc., Las Vegas, was"superior" to the current

Business News IN BRIEF: Debenhams Bars Retail Investors - Black Enterprise

BusinessNewsIN BRIEF: Debenhams Bars Retail Investors
Black Enterprise, NY -17 hours ago
The proposed pounds 2bn flotation of Debenhams ran into controversy yesterday after it emerged retail investors were barred from subscribing for shares in the

Business news in brief - Cincinnati Post

Businessnewsin brief
Cincinnati Post, OH -13 hours ago
CINCINNATI — Shares of Cincinnati-based Convergys jumped $1.53 (8.47 percent) Tuesday after it reported first quarter earnings of $36.7 million, an increase

Business news in brief from around New Jersey - Newsday

Businessnewsin brief from around New Jersey
Newsday, NY -11 hours ago
HACKENSACK, NJ (AP) _ The wireless fleet management system made by ID Systems Inc. will soon be rolling on trucks working at a facility of Weyerhaeuser Co.

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


FinFacts Ireland
Wednesday Newspaper Review - IrishBusinessNewsand International
FinFacts Ireland, Ireland -19 hours ago
By Finfacts Team. The Irish Independent reports that BANK of Ireland's private banking division expects to take in about 1bn from

Dow ends at 6-year high - ABC News (Stock Trading)

Wednesday, April 26th, 2006

Dow ends at 6-year high - ABC News


Reuters
Dow ends at 6-year high
ABC News -1 hour ago
Stocks ended higher on Wednesday, with the Dow industrials hitting a 6-year high, buoyed by stronger-than-expected earnings from companies such as top brewer Anheuser-Busch Cos.
Stocks rise on latest batch of strong earningsThe Kindred Times
Stocks rebound after two days of lossesKVOA.com
Scotsman -newswire.co.nz -Reuters -all 109 related

NY's World Trade Center rebuild clears last hurdle - Reuters


Xinhua
NY's World Trade Center rebuild clears last hurdle
Reuters -1 hour ago
The rebuilding of New York's World Trade Center cleared its last major hurdle on Wednesday, setting up construction of the Freedom Tower and other buildings where the Twin Towers stood until Sept.
Port Authority Takes Over Ground Zero's Freedom Tower (Update1)Bloomberg
Silverstein surrenders FreedomAustralian
Wall Street Journal (subscription) -Boston Globe -New York Daily News -Commercial Property News -all 209 related

CORRECTED: Commission, Microsoft in sharp court exchange - Reuters


Bucharest Daily News
CORRECTED: Commission, Microsoft in sharp court exchange
Reuters -5 hours ago
Microsoft told a court on Wednesday that a European Commission antitrust ruling shackled its ability to compete but a Commission lawyer rejected the charges as"absurd and frivolous.
Microsoft opens new attack on EU rulingABC News
Microsoft says EU antitrust undermines intellectual propertyMarketWatch
BBC News -Financial Express -ZDNet -CNET News.com -all 917 related

Shares Of Gardener's Centrica Jump On Gazprom Hopes - Forbes


ABCmoney.co.uk
Shares Of Gardener's Centrica Jump On Gazprom Hopes
Forbes -1 hour ago
London - You'd be forgiven for having thought that the British government was somewhat wary of Gazprom and its ambitions to swallow up 20% of the UK gas market.
Gazprom repeats Centrica a potential target - reportScotsman
Centrica shares jump as Gazprom bid hopes riseReuters
Channel 4 News -Manchester Evening News -RIA Novosti -Zaman Online -all 93 related

Mandelson welcomes signs of US farm trade move - Washington Post


Reuters
Mandelson welcomes signs of US farm trade move
Washington Post -11 hours ago
Europe's trade chief on Wednesday welcomed what he said were signs that the United States might be willing to offer more on agriculture in struggling World Trade Organization talks.
EU sees chance of WTO accord this year slippingFinancial Express
EU still aims to conclude WTO trade talksBusinessWeek
NDTV.com -TODAYonline -ABC News -ic Liverpool -all 62 related

Director of Small Business Administration Resigns - New York Times


Washington Post
Director of Small Business Administration Resigns
New York Times -22 hours ago
WASHINGTON, April 25 - Hector V. Barreto, the embattled head of the Small Business Administration, said on Tuesday that he would resign and take over a Hispanic advocacy group that has supported some of President Bush's initiatives.
Hector Barreto resigns as SBA chiefSan Jose Mercury News
Bush names executive at Illinois firm to head SBAGovExec.com
Houston Chronicle -Bizjournals.com -Los Angeles Times -Seattle Post Intelligencer -all 254 related

Why-oh-why would Billy Gates buy a company that puts ads in games? - IGN


Reuters Canada
Why-oh-why would Billy Gates buy a company that puts ads in games?
IGN -1 hour ago
April 26, 2006 - According to the Wall Street Journal Microsoft plans to pay $200 to $400 million for in-game advertising company, Massive.
Redmond to Play Ad GameRed Herring
Microsoft buys in-game advertising company MassiveXbox Circle
Euro2day -TechNewsWorld -ADOTAS -Marketing Shift.com -all 51 related

Microsoft, Wallop and Karl Jacob - Seattle Post Intelligencer


Technology News Daily
Microsoft, Wallop and Karl Jacob
Seattle Post Intelligencer -19 hours ago
Microsoft is linking up with long-time entrepreneur Karl Jacob to develop a new technology company to take on MySpace and other social networking services.
Microsoft to Build a MySpace Red Herring
MS Spins Off Social Networking SiteBetaNews
Wall Street Journal (subscription) -Macworld -VNUNet.com -all 37 related

Fed Districts Report Labor Markets Are `Tightening' (Update2) - Bloomberg


Washington Post
Fed Districts Report Labor Markets Are `Tightening' (Update2)
Bloomberg -1 hour ago
Labor markets across the US are “tightening'' and companies are having trouble passing along higher energy prices, a Federal Reserve report today showed.
US stocks turn mixed late in day; Bernanke aheadMarketWatch
Treasuries fall on lackluster auction, strong dataReuters
CNN -BBC News -Wall Street Journal (subscription) -Washington Post -all 91 related

Mercury News sold to MediaNews - San Jose Mercury News


Seattle Times
Mercury News sold to MediaNews
San Jose Mercury News -53 minutes ago
McClatchy announced today that the Mercury News and three other Knight Ridder papers will be purchased by Denver-based MediaNews for $1 billion, with backing from Hearst, the owner of the San Francisco Chronicle.
Times said to be near sale to MediaNewsContra Costa Times
McClatchy to sell four newspapersLos Angeles Times
Reuters -ABC News -Seattle Post Intelligencer -Wall Street Journal (subscription) -all 238 related

Oil Prices Slide for Third Straight Day - CBS News


News 14 Charlotte
Oil Prices Slide for Third Straight Day
CBS News -1 hour ago
Crude-oil futures eased for the third straight day Wednesday, falling below $72 a barrel after US government data showed motor-fuel demand weakening in what appeared to be a response to higher pump prices.
Oil Futures Steady Under $73Washington Post
Crude futures fall for 3rd straight dayBusinessWeek
Globe and Mail -TMCnet -Business Times - Malaysia -MarketWatch -all 564 related

Wrap: Putin signals U-turn over mooted Siberian pipeline Baikal … - RIA Novosti


The Moscow Times
Wrap: Putin signals U-turn over mooted Siberian pipeline Baikal
RIA Novosti -8 hours ago
MOSCOW, April 26 (RIA Novosti) - President Vladimir Putin said Wednesday that the East Siberia-Pacific Ocean oil pipeline should pass outside the drainage basin north of Lake Baikal, upsetting plans of the country's state oil pipeline monopolist.
Putin: We must act to protect lakeCNN International
Russia should switch energy focus to Asia-PutinReuters
Euronews.net -Monsters and Critics.com -BBC News -MOSNEWS -all 90 related

Boeing First-Quarter Profit Rises 29% on Deliveries (Update2) - Bloomberg


News 14 Charlotte
Boeing First-Quarter Profit Rises 29% on Deliveries (Update2)
Bloomberg -10 hours ago
Boeing Co., the world's No. 2 commercial-jet maker, said first-quarter earnings rose 29 percent, helped by the biggest jump in airliner deliveries in five years.
Commercial arm lifts Boeing profitsRTE.ie
Boeing's Net Profit Increases 29% On Rise in Commercial DeliveriesWall Street Journal (subscription)
MSNBC -Grand Forks Herald -Trading Markets -MSN Money -all 172 related

Sprint 1st-Qtr Profit Falls; New Customers Disappoint (Update5) - Bloomberg


Reuters
Sprint 1st-Qtr Profit Falls; New Customers Disappoint (Update5)
Bloomberg -7 hours ago
Sprint Nextel Corp., the third- largest US wireless services company, reported disappointing first-quarter profit as it added fewer customers than analysts estimated.
Sprint net down, operating earnings upCNET News.com
Merger costs weigh on Sprint Nextel in 1QBusinessWeek
MSN Money -Houston Chronicle -Trading Markets -Multichannel News (subscription) -all 146 related

Energy Woes Lead to Global Cooperation - ABC News


ABC News
Energy Woes Lead to Global Cooperation
ABC News -Apr 25, 2006
Chinese President Hu Jintao, left, stands with President Bush during an arrival ceremony on the South Lawn of the White House, April 20, 2006, in Washington.
Go West, Old MenNew York Times
Since when are our oil woes the fault of China?Houston Chronicle
Kansas City Star -TMCnet -E/The Environmental Magazine -TruthNews.com -all 22 related

Corel makes debut, dips - Globe and Mail


Ottawa Business Journal
Corel makes debut, dips
Globe and Mail -45 minutes ago
OTTAWA - Shares of Corel Corp. slipped Wednesday in the software maker's trading debut on the Nasdaq Stock Market. The stock fell 15 cents, or about 1 per cent, to close at $15.85 (US) Wednesday.
Corel Cuts IPO PriceRed Herring
Corel shares slide 2 percent in market debutReuters Canada
Ottawa Citizen -MSN Money -Calgary Sun -all 86 related

Oil falls as refining picks up - Globe and Mail (Stock Trading)

Wednesday, April 26th, 2006

Oil falls as refining picks up - Globe and Mail


Washington Post
Oil falls as refining picks up
Globe and Mail -2 hours ago
Oil and gas prices slipped in New York Wednesday after a weekly government report showed that US refineries increased their gasoline and crude output, easing concerns about a supply crunch ahead of the summer driving season.
Oil Falls a Third Day as Bush Moves to End Gasoline DisruptionBloomberg
Oil drops as US refiners boost fuel outputReuters
Houston Chronicle -Business Day -CNN -London Free Press -all 366 related

March durables orders, new home sales surge - Reuters


News 14 Charlotte
March durables orders, new home sales surge
Reuters -24 minutes ago
New orders for US-made durable goods and sales of new homes surged more than expected in March, reports showed on Wednesday, boosting expectations the Federal Reserve will raise interest rates beyond May.
US Economy: Durable Goods Orders, Sales of New Homes SurgeBloomberg
Durable-Goods Orders Soar 6.1%, Helped by Strong Aircraft DemandWall Street Journal (subscription)
RTE.ie -AXcess News -Trading Markets -all 157 related

Chrysler Expanding Its Ethanol Model (Stock Trading) Line

Wednesday, April 26th, 2006

Chrysler Expanding Its Ethanol Model Line
DaimlerChrysler AG pledged to build 500,000 ethanol-fuel vehicles annually, or a quarter of its U.S. production, by 2008, as automakers try to address concerns over heavy foreign oil consumption and high gas prices.
Sholnn Freeman

At NASA Hearing, Silence on Earmarks
Most administration officials are on their best behavior when they appear before Congress, but NASA Administrator Michael D. Griffin, despite reasonable skills as a forehead-knuckler, is much better known for telling blunt truths.
Guy Gugliotta

Mercantile Bankshares Profit Slips From Q4
Mercantile Bankshares Corp., a Baltimore bank holding company that has more than 70 branches in the Washington area, said its first-quarter profit was squeezed by intense competition and a worsening interest-rate environment.
Terence O'Hara

Preschool Space Is at a Premium
Each winter, when the Valley Drive Preschool in Alexandria holds its annual enrollment open house, it draws the parents of far more toddlers than the school has room for. In recent years, the problem has gotten so bad — with parents spending the night outside the school to try to snag a slot –…

Tara Bahrampour

Boeing Nears Settlement on Investigations
Boeing Co. is nearing a settlement with federal prosecutors to resolve investigations into the illegal hiring of an Air Force official and use of a rival's proprietary documents in a competition, according to people familiar with the negotiations.

Renae Merle

New Home Sales Rebound Strongly in March
WASHINGTON — Sales of new homes soared in March by the largest amount in 13 years, reflecting a rebound from bad weather in February. But the median price of the homes sold last month actually declined, providing evidence that the nation's five-year housing boom is slowing.
MARTIN CRUTSINGER

2 Firms Claim Conspiracy in Analyst Reports
Are Biovail Corp. and Overstock.com Inc. promising companies victimized by unscrupulous investors illegally conspiring with stock analysts and journalists? Or are they troubled firms whose executives have turned to wild conspiracy theories to divert attention from underlying business problems?
Brooke A. Masters

Big Projects Advance in Montgomery
Two major Montgomery County developments moved closer to reality yesterday: One would bring luxury living and a high-end spa to North Bethesda and the other, thousands of new homes and businesses to Gaithersburg.
Nancy Trejos and Michael S. Rosenwald

Nidec to Make a Partial Amendment to Its Articles of Incorporation (Stock Trading)

Wednesday, April 26th, 2006

Nidec to Make a Partial Amendment to Its Articles of Incorporation
KYOTO, Japan, April 25, 2006 (PRIMEZONE) — Upon resolution by the Board of Directors held today, we are pleased to notify the shareholders of change in part of the Articles of Incorporation, which is to be discussed at the 33rd annual general meeting of shareholders scheduled for June 22, 2006.

Stock Trading - Infineon, Schering, Praktiker, Balda: German Equity Preview - Bloomberg

Wednesday, April 26th, 2006

Infineon, Schering, Praktiker, Balda: German Equity Preview - Bloomberg

Infineon, Schering, Praktiker, Balda: German Equity Preview
Bloomberg -10 minutes ago
Stocksymbols are in parentheses and prices are from the last closeThe measure declined less than 0.1 percent to 6078.80 on the Xetra electronic-tradingsystem

ON24 Signs Master Services Agreement With Cotton&Company (Stock Trading)

Tuesday, April 25th, 2006

ON24 Signs Master Services Agreement With Cotton&Company
SAN FRANCISCO, April 25, 2006 (PRIMEZONE) — ON24, the premier webcasting and video communication solutions provider, today announced that it has signed a Master Services Agreement (MSA) with Cotton&Company.

TOUSA Files Universal Shelf Registration
HOLLYWOOD, Fla., April 25, 2006 (PRIMEZONE) — Technical Olympic USA, Inc. (NYSE:TOA) announced today that it filed a $344.02 million universal shelf registration with the Securities and Exchange Commission (SEC) on April 24, 2006. The shelf registration covers, among other things, debt securities, common stock, preferred stock and warrants to purchase such securities. TOUSA can still issue up to $405.98 million of securities under its effective universal shelf registration statement (File No. 333-122451).

Nidec Revises Upward Year-End Dividend Forecast
KYOTO, Japan, April 25, 2006 (PRIMEZONE) — Nidec Corporation (the"Company") (NYSE:NJ) (Tokyo, Osaka:6594) resolved at a meeting of its Board of Directors today to revise upward its year-end dividend forecast for the year ended March 31, 2006.

Molecular Pharmacology Announces Shareholder Approval to Acquire Drug Development Company Following Special Meeting of Shareholders
LOS ANGELES, April 25, 2006 (PRIMEZONE) — Molecular Pharmacology (USA) Limited (OTCBB:MLPH) is pleased to announce that at the special meeting of shareholders of the Corporation held on April 21, 2006 (the"Meeting"), the shareholders of the Corporation approved the acquisition of all the shares of Molecular Pharmacology Limited an Australian corporation from PharmaNet Group Limited (the"Acquisition"), as previously announced in the press release of the Corporation dated December 5, 2005 and as described in the Notice of Meeting and Management Information Circular of the Corporation dated March 31, 2006, available on www.sec.gov.

Northrop Grumman Reports First Quarter 2006 Results
LOS ANGELES, April 25, 2006 (PRIMEZONE) — Northrop Grumman Corporation (NYSE:NOC) reported first quarter 2006 income from continuing operations of $357 million, or $1.02 per diluted share, compared with $398 million, or $1.08 per diluted share, for the same period of 2005. First quarter 2005 income from continuing operations included an after-tax gain of $45 million, or $0.12 per diluted share, from the sale of TRW Automotive common stock. First quarter 2006 sales decreased to $7.2 billion from $7.5 billion in the first quarter of 2005, due to lower sales in the company's Ships business.

Ocwen Financial Corporation Schedules Conference Call - 1st Quarter 2006 Results
WEST PALM BEACH, Fla., April 25, 2006 (PRIMEZONE) — Ocwen Financial Corporation (NYSE:OCN) will hold its conference call on Thursday, April 27, 2006 at 11:00 a.m. (ET) to review the Company's operating results. These events will follow Ocwen's 1st Quarter 2006 earnings release. The press release will also be available on the Ocwen Financial Corporation Shareholder Relations website at www.ocwen.com.

China Gold Corp. Announces Appointment of New Director to the Board of the Company
GUANGNING, China, April 25, 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 the appointment of Helen H. L. Tsin to its board of directors.

PlacementTracker Publishes Q1 2006 PIPE Market League Tables
SAN DIEGO, April 25, 2006 (PRIMEZONE) — Sagient Research Systems, a leading publisher of independent research for the financial services and institutional investment communities, today announced that Rodman&Renshaw, LLC ranked as the No. 1 investment bank in the PIPE market in the first quarter 2006 for total number of transactions. Nite Capital Management, LLC topped the list of most active institutional investors during the first quarter 2006.

Harsco Chairman and CEO Reaffirms Company's Continuing Growth Outlook at Annual Stockholders Meeting
HARRISBURG, Pa., April 25, 2006 (PRIMEZONE) — Addressing Harsco Corporation (NYSE:HSC) stockholders at the Company's Annual Meeting, Harsco Chairman and Chief Executive Officer Derek C. Hathaway today reaffirmed the Company's improving outlook for continued growth into 2006 and beyond.

RSM EquiCo Capital Markets Advises LeBus Oil Field Service Co. On Its Acquisition by Basic Energy Services Inc.
COSTA MESA, Calif., April 25, 2006 (PRIMEZONE) — Basic Energy Services Inc. (NYSE:BAS) has acquired all of the outstanding capital stock of LeBus Oil Field Service Co. of Overton, Texas.

Pay-Per-Click Advertising Prices Approaching Limits, finds Search Engine Marketing Professional Organization, SEMPO
TORONTO, April 25, 2006 (PRIMEZONE) — While four out of five advertisers say they could afford an increase in pay-per-click advertising prices, the vast majority can only absorb increases of 30% or less. These are the findings of a survey by the Search Engine Marketing Professional Association (SEMPO) that were announced today at the Search Engine Strategies 2006 Conference&Expo in Toronto, Canada.