Maritime/Shipbuilding Newswire
Sabre Cruises(R) Enhances Offerings, Navigation
SOUTHLAKE, Texas-(Business Wire)-September 5, 2008 - Following its July announcement of new cruise line additions, Sabre Cruises announces another Sabre first, access to the luxury cruise line the Yachts of Seabourn. Starting Sept. 8 agents shopping and booking through Sabre Cruises will receive...
Concordia: Termination of Equity Hedge
STOCKHOLM, Sweden-(Business Wire)-September 5, 2008 - Regulatory News: Today, Concordia Maritime (STO:CCORB) has terminated the equity hedge that has been in place since 2005 and which currently amounts to USD 135 million, equivalent to approx. 50% of equity. The decision will not have any impact on...
Marc La Monte Appointed to Head Gas Unit at Overseas Shipholding Group
NEW YORK-(Business Wire)-September 5, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced the appointment of Marc La Monte, 44, to lead its Gas Strategic Business Unit. In this role, Mr. La Monte will oversee the unit's...
GateKeeper USA, Inc. Announced Execution of Purchase Order
GAITHERSBURG, Md.-(Business Wire)-September 5, 2008 - GateKeeper USA, Inc. (Pink Sheets: GTKP), announced today that BACO Universal Distributing Inc. has executed a Blanket Purchase Order (BPO) with GateKeeper USA. In accordance with the BPO, GateKeeper USA will be the exclusive security provider...
Fitch Rates Pasadena, Texas' GOs 'AA-'; Outlook Stable
AUSTIN, Texas-(Business Wire)-September 4, 2008 - Fitch Ratings assigns an 'AA-' rating to Pasadena, Texas' (the city) approximately $21.6 million general obligation (GO) bonds, series 2008. Additionally, Fitch affirms the 'AA-' rating on the city's outstanding $118 million GO bonds and $17...
Rand Logistics to Present at CL King's Best Ideas Conference
NEW YORK-(Business Wire)-September 4, 2008 - Rand Logistics, Inc. (Nasdaq: RLOG; RLOGW; RLOGU) ("Rand") will present at CL King's Best Ideas Conference, being held September 17 and 18, 2008 at the Omni Berkshire Place Hotel in New York City. Edward Levy, President of Rand Logistics, and Scott...
Trailer Bridge to Co-Sponsor Puerto Rico's International Coastal Cleanup
JACKSONVILLE, Fla.-(Business Wire)-September 4, 2008 - Trailer Bridge, Inc. (NASDAQ: TRBR) today announced that it will be a co-sponsor of Puerto Rico's International Coastal Cleanup (ICC) on September 20, 2008. The ICC was started 22 years ago by Ocean Conservancy, a major Washington D.C. based...
Alexander & Baldwin, Inc. Announces Intent to List on New York Stock Exchange
HONOLULU-(Business Wire)-September 4, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) today announced its intent to transfer trading of its shares to the New York Stock Exchange ("NYSE") from the NASDAQ Global Select Market ("NASDAQ"). Alexander & Baldwin expects to begin trading on the...
Market Research Report of China's Port Industry, 2008 is on Sale Now
DUBLIN, Ireland-(Business Wire)-September 4, 2008 - Research and Markets has announced the addition of the "Market Research Report of China's Port Industry, 2008" report to their offering. In the whole year of 2007, the cargo throughput of Chinas ports amounted to 6.41 billion tons, and the...
Cavotec: Cavotec's Emission-Reducing Alternative Maritime Power for New Container Vessels
STOCKHOLM, Sweden-(Business Wire)-September 4, 2008 - Alternative Maritime Power (AMP') specialist, Cavotec MSL (OTCBB:CVMLF), has won an order from Taiwan's CSBC Corporation to supply four AMP'systems for installation on four new-build container vessels. "This order illustrates the burgeoning...
AGV Logistica Ltda (AGV) Chooses Mertech for Oracle Database Migration
PEMBROKE PINES, Fla.-(Business Wire)-September 3, 2008 - AGV Logistica Ltda (AGV), one of the fastest growing logistics companies in Brazil, recently announced that it will use Mertech's Flex2SQL(TM) for Oracle middleware solution to adopt Oracle as its corporate database with their Visual...
INTTRA Announces Availability of Booking 2.0
PARSIPPANY, N.J.-(Business Wire)-September 3, 2008 - INTTRA, the leading e-commerce platform for the ocean freight industry, today announced the availability of INTTRA Link 2.0, the first release in a series being delivered on the new Booking 2.0 portal environment. After seven years and having...
International Shipholding Corporation to Respond to Offer
MOBILE, Ala.-(Business Wire)-September 2, 2008 - International Shipholding Corporation ("the Company") today received a letter dated September 2, 2008, in which Projection LLC, a wholly owned subsidiary of Liberty Shipping Group LLC, submitted a proposal to the Board of Directors of the Company to...
GATX Corporation to Present at Morgan Keegan Conference
CHICAGO-(Business Wire)-September 2, 2008 - GATX Corporation (NYSE:GMT) today announced that Robert C. Lyons, senior vice president and chief financial officer, will present at the Morgan Keegan 2008 Equity Conference in Memphis on Thursday, September 4, 2008. The presentation will include an...
Tampa Electric Files 2009 Fuel Costs with Florida Public Service Commission
TAMPA, Fla.-(Business Wire)-September 2, 2008 - Today, Tampa Electric made its annual fuel filing with the Florida Public Service Commission (FPSC). As the company originally announced in July, based on its most recent analysis of actual and projected fuel costs for 2008, total fuel costs for the...
SFIOD Fleet Hosts the IOD World Championship Regatta
SAN FRANCISCO-(Business Wire)-September 2, 2008 - In September, the 50-member San Francisco International One Design (IOD) Fleet will welcome 12 world-class teams from 5 countries for 5 Days of unsurpassed competition. The 60 visiting sailors will race our traditional yachts on one of the most...
Navigators to Present at Sidoti & Company Institutional Investor Forum
NEW YORK-(Business Wire)-September 2, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at the Sidoti & Company, LLC Seventh Annual West...
Liberty Shipping Proposes to Acquire International Shipholding for $25.75 Per Share in Cash
LAKE SUCCESS, N.Y.-(Business Wire)-September 2, 2008 - Liberty Shipping Group LLC ("Liberty"), through its wholly-owned subsidiary, Projection LLC, announced today that it has sent a letter to the International Shipholding Corporation (NYSE: ISH) ("International Shipholding") Board of Directors...
A&B Acquires Bay Area Warehousing & Distribution Company
HONOLULU-(Business Wire)-September 2, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX)("A&B") announced today that its Matson Global Distribution Services subsidiary ("Matson Global") has completed the acquisition of Pacific American Services, LLC., ("PACAM"), a leading regional, asset-light...
Digital Angel Receives Special Dividend of $7.2 Million from VeriChip Corporation
SO. ST. PAUL, Minn.-(Business Wire)-September 2, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it received a special dividend of approximately $7.2 million in cash from VeriChip...
DHT Maritime, Inc. Reports Second Quarter 2008 Results
ST. HELIER, Channel Islands-(Business Wire)-September 2, 2008 - DHT Maritime, Inc. (NYSE:DHT) today announced results for the period from April 1 to June 30, 2008. Total revenues for this period were $27.8 million and net income was $10.3 million, or $0.29 per share (diluted). The Board of Directors...
LVMH to Acquire Royal van Lent, Designer and Builder of Feadship Luxury Mega-Yachts
PARIS-(Business Wire)-September 1, 2008 - LVMH Moet Hennessy - Louis Vuitton, the world's leading luxury products group, has signed an exclusive agreement with Egeria, an investment company based in the Netherlands, to acquire Royal van Lent, the Dutch designer and builder of luxury custom...
DHT Maritime, Inc. to Announce Second Quarter 2008 Earnings on September 2, 2008
ST. HELIER, Channel Islands-(Business Wire)-August 29, 2008 - DHT Maritime, Inc. (NYSE:DHT) announced today that it plans to release its second quarter 2008 earnings on Tuesday September 2, 2008, prior to market open, and will host a conference call at 09:00 a.m. ET on the same day to discuss...
Research and Markets: An Essential Report on Marine Services in the UK
DUBLIN, Ireland-(Business Wire)-August 29, 2008 - Research and Markets - C & J MARINE SERVICES - FRASERBURGH MARITIME SERVICES - CALAIS MARINE SERVICES - G B MARINE - CALEDONIAN MARINE SERVICES - G & G TECHNICAL SERVICES - CAMBRIAN BOAT CENTRE - GARRETS MARINE SERVICES For more information...
Great Lakes Dredge & Dock Corporation Declares Quarterly Cash Dividend
OAK BROOK, Ill.-(Business Wire)-August 29, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services announced today that its Board of Directors ("the Board...
Research and Markets: Premium Company Profile Report: Nippon Yusen Kabushiki Kaisha
DUBLIN, Ireland-(Business Wire)-August 29, 2008 - Research and Markets . The group's cargo fleet includes vessels with heavy lifting capacity in its regular routes. Key reasons to purchase this title - Access all the important information and analysis on the company in a single report - Understand...
Alexander & Baldwin Reorganizes, Announces Promotions
HONOLULU-(Business Wire)-August 28, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) Chairman and CEO Allen Doane today announced a series of management changes that will provide added leadership focus and strength to the Company. The changes are effective October 1, 2008. — Stanley M...
ExxonMobil Commences Site Work at Point Thomson to Support Drilling Program
ANCHORAGE, Alaska-(Business Wire)-August 28, 2008 - ExxonMobil Production Company today announced that it has completed initial barging of equipment and supplies to the Point Thomson drill site. This work supports the drilling program outlined in the Point Thomson development plan submitted to the...
Research and Markets: Overseas Shipholding Group, Inc. Strategic Analysis Profile Is a Comprehensive Profile of the Company including both Quantitative and Qualitative Research
DUBLIN, Ireland-(Business Wire)-August 28, 2008 - Research and Markets has announced the addition of the "Overseas Shipholding Group, Inc. Strategic Analysis Profile" report to their offering. - The Overseas Shipholding Group, Inc. Strategic Analysis Profile is a comprehensive profile of the company...
Research and Markets: A Company Profile on Navigation Maritime Bulgare EAD, Specialisers in Transportation
DUBLIN, Ireland-(Business Wire)-August 28, 2008 - Research and Markets - Company Profile" company profile to their offering. Navigation Maritime Bulgare EAD is a state-owned maritime shipping company. The company is specialised in the carriage of bulk, general and containerized cargo, ro-ro and...
SARS Corp and Securewest International Announce Turkish Maritime Registry Approval for LRIT Conformance Testing
SEATTLE-(Business Wire)-August 28, 2008 - SARS Corp. (OTCBB:SARO) ("SARS"), a provider of technologies dedicated to the satellite-based management of fixed and mobile assets, and its marketing partner Securewest International a leader in Maritime Security and emergency response, announced today that...
Digital Angel to Present at 11th Annual Kaufman Bros. Investor Conference on Friday, September 5
SO. ST. PAUL, Minn.-(Business Wire)-August 28, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that President and Chief Executive Officer Joseph J. Grillo will present at the 11th...
Great Lakes Dredge & Dock Corporation Files Form S-3 Shelf Registration Statement
OAK BROOK, Ill.-(Business Wire)-August 27, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) ("Great Lakes" or the "Company") today announced the filing of a resale shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC"). The selling stockholders...
D.M. Bowman Implements Logimax(R) WMS and Offers Broader, More Strategic Services
JACKSONVILLE, Fla.-(Business Wire)-August 27, 2008 - Bowman Logistics, a division of D.M. Bowman, Inc., announced they have implemented a new warehouse management system, Logimax. A mostly transportation-focused business, D.M. Bowman took a strategic view to capturing more market share by...
FedEx Launches Domestic Service in Mexico
MEMPHIS, Tenn.-(Business Wire)-August 27, 2008 - FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world's largest express transportation company, announced today the introduction of FedEx Express Nacional, a domestic next-business-day service that provides highly reliable, convenient...
World Logistics Services, Inc. Signs Agreement with Eastman Logistics
TAMPA, Fla.-(Business Wire)-August 27, 2008 - Eastman Logistics, has signed a letter of intent to merge with World Logistics Services, Inc. (Pink Sheets:WLSV). The merger is scheduled to take place in early September 2008. Eastman is a non-asset based brokerage and logistics firm with over 10...
John Deere Distributor Flint Equipment Company Expands into the Carolinas with Acquisition of Van Lott Inc.
ALBANY, Ga.-(Business Wire)-August 27, 2008 - Flint Equipment Company, an Albany-based John Deere distributorship for nearly 40 years, completed its largest acquisition to date through an asset purchase of Van Lott Inc. Van Lott is a 73-year-old, family-owned John Deere construction and forestry...
Tidewater to Present at the Lehman Brothers CEO Energy/Power Conference
NEW ORLEANS-(Business Wire)-August 26, 2008 - Tidewater Inc. (NYSE: TDW) announced today that Dean E. Taylor, Chairman, President and Chief Executive Officer, Quinn P. Fanning, Executive Vice President and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present...
Todd Shipyards Corporation Announces U.S. Navy Award of Five Year Overhaul Contract on Aircraft Carriers
SEATTLE-(Business Wire)-August 26, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced today that its wholly owned subsidiary, Todd Pacific Shipyards Corporation ("Todd Pacific" or the "Company"), has been awarded a contract by the United States Navy ("Navy") to provide long-term overhaul and...
Navigators to Present at Keefe, Bruyette & Woods Insurance Conference
NEW YORK-(Business Wire)-August 26, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that Stan Galanski, President and Chief Executive Officer, and Frank McDonnell, Senior Vice President and Chief Financial Officer, will present at the Keefe, Bruyette & Woods Insurance...
Walberg Tours Thetford Plant, Conducts Town Hall Meeting with Employees
DEXTER, Mich.-(Business Wire)-August 26, 2008 - U.S. Rep. Tim Walberg (R-Tipton) toured Thetford Corporation's manufacturing plant here today, viewing lean manufacturing practices in action. Widely acknowledged as a leader in lean, the company has reduced manufacturing time and increased...
Aker Philadelphia Shipyard Build Methodologies Confirmed in U.S. District Court Decision
PHILADELPHIA-(Business Wire)-August 25, 2008 - In a decision filed today the U.S. District Court of the Eastern District of Pennsylvania has upheld the United States Coast Guard interpretation of the Jones Act as it relates to the modern building methods employed by Aker Philadelphia Shipyard...
Todd Shipyards Corporation Announces Dividend
SEATTLE, Wash.-(Business Wire)-August 25, 2008 - Todd Shipyards Corporation ("Company") (NYSE:TOD) announced that its Board of Directors, at its August meeting, declared a dividend of five cents ($0.05) per share to be paid December 23, 2008 to all shareholders of record as of December 8, 2008...
Claymore Launches First Shipping ETF (SEA)
LISLE, Ill.-(Business Wire)-August 25, 2008 - Claymore Securities, Inc., the third-fastest growing exchange-traded fund provider in 2007*, today announced the launch of the Claymore/Delta Global Shipping Index ETF (NYSE Arca: SEA) on NYSE Arca. SEA is the first shipping ETF that provides investors...
Omega Commercial Finance Hires VP of Marine Operations for the Omega Royale Casino Vessel
MIAMI-(Business Wire)-August 25, 2008 - Omega Commercial Finance Corporation (OTCBB:OCFN), the parent company of "Omega Royale" is pleased to announce the appointment of Captain Donald Mathias as Chief Captain and VP of Marine Operations. Captain Mathias brings over 25 years of experience in the...
American Seafoods Announces Acquisition of Factory Trawler HIGHLAND LIGHT
SEATTLE-(Business Wire)-August 15, 2008 - America Seafoods Group ("American Seafoods") today announced that it has acquired the factory trawler HIGHLAND LIGHT and the fishing vessel TRACY ANNE from subsidiaries of Yardarm Knot, Inc. following the receipt of applicable government approvals. The...
K-Sea Transportation Partners L.P. Announces Public Offering of 2,000,000 Common Units
NEW YORK-(Business Wire)-August 15, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced that it has priced a public offering of 2,000,000 common units representing limited partner interests. The underwriters have been granted an option to purchase up to an additional 300,000 common...
CORRECTING and REPLACING B+H Ocean Carriers, Ltd. Announces Unaudited Results for Second Quarterly Period Ended June 30, 2008 and Investment in Offshore Accommodation Unit
NEW YORK-(Business Wire)-August 15, 2008 - Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: B+H OCEAN CARRIERS, LTD. ANNOUNCES UNAUDITED RESULTS FOR SECOND QUARTERLY PERIOD ENDED JUNE 30, 2008 AND INVESTMENT IN OFFSHORE...
C.H. Robinson Worldwide Declares Quarterly Cash Dividend
MINNEAPOLIS-(Business Wire)-August 14, 2008 - C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (Nasdaq: CHRW) announced that its Board of Directors today declared a regular quarterly cash dividend of 22 cents ($0.22) per share, payable on October 1, 2008, to shareholders of record on September 5...
Manufacturing Business Technology Announces First Annual Innovation Insight Awards
OAK BROOK, Ill.-(Business Wire)-August 14, 2008 - Manufacturing Business Technology, the leading source of information on the strategic use of information technology in manufacturing and distribution companies, has revealed the winners of its inaugural Innovation Insight Awards program. All of the...
UPS Board Declares Dividend
SHANGHAI, China-(Business Wire)-August 14, 2008 - The UPS (NYSE:UPS) Board of Directors today declared a regular quarterly dividend of $0.45 per share on all outstanding Class A and Class B shares. The dividend is payable Sept. 9, 2008, to shareholders of record on Aug. 25, 2008. UPS has either...
Rand Logistics Reports 180 Percent Year-over-Year EBITDA Growth for the First Quarter of Fiscal 2009
NEW YORK-(Business Wire)-August 14, 2008 - Rand Logistics Inc. (Nasdaq: RLOG; RLOGW; RLOGU) ("Rand") today announced financial and operational results for the fiscal 2009 first quarter ended June 30, 2008. Quarter ended June 30, 2008 Financial Highlights Versus Quarter ended June 30, 2007 &mdash...
Cycle Country Accessories Corp. Announces Q 3 Loss of 6 Cents per Share, Reduces Yearly Guidance to 10-14 Cents from 15-20 Cents
MILFORD, Iowa-(Business Wire)-August 14, 2008 - Cycle Country (AMEX:ATC), a leading supplier of ATV accessories, Golf Accessories, Oil Filters and Contract Manufacturing services announces disappointing earnings for the third reporting quarter and a downward revision to its annual guidance. Based...
California Rowing Club Athletes Row with Iraqi Athletes at Olympic Games
BEIJING-(Business Wire)-August 13, 2008 - Two athletes from the California Rowing Club, a national training center for elite-level rowers, had a truly unique experience at the Olympic Games in Beijing, China today. They found themselves paired to compete in a final consisting of only two boats, with...
Overseas Shipholding Group Announces Sale of Two Non-Core Assets
NEW YORK-(Business Wire)-August 13, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced the sale of subsidiaries that time chartered-in two non-core assets, the Matilde and Chrismir, both 1997-built dry bulk carriers...
Cycle Country Announces Conference Call
SPENCER, Iowa-(Business Wire)-August 13, 2008 - Cycle Country (AMEX: ATC), a leading supplier of ATV accessories, Plastic Wheel Covers, Golf Car Accessories, Oil Filters and Contract Manufacturing services, announces to its investors and other interested parties, that there is a scheduled conference...
Concordia: Interim Report 1 January - 30 June 2008
STOCKHOLM, Sweden-(Business Wire)-August 13, 2008 - Regulatory News: Concordia (STO:CCORB): — Net sales: SEK 257.7 (224.7) million — Profit after tax: SEK 39.3 (22.5) million — Profit per share after tax: SEK 0.82 (0.47) — EBITDA of USD 11.6 (5.3) million This information...
Ampal-American Israel Corporation Announces the Successful Completion of the Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers and Terminals Ltd.
TEL AVIV, Israel-(Business Wire)-August 12, 2008 - Ampal-American Israel Corporation (NASDAQ:AMPL) today announced that Merhav-Ampal Energy Ltd. ("MAE"), a wholly owned subsidiary of Ampal, successfully completed the tender offers in Israel to purchase all outstanding shares of common stock...
Sense Technologies' ScopeOut(R) Safety Back-up Mirrors to Be Sold at Military Exchanges
CHANDLER, Ariz. & GRAND ISLAND, Neb.-(Business Wire)-August 12, 2008 - Sense Technologies, Inc. (Pink Sheets: SNSG) announced today that its flagship product ScopeOut(R) has been purchased by the Army and Air Force Exchange Service and will be sold at approximately 22 major military bases and...
K-Sea Transportation Partners L.P. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2008
NEW YORK-(Business Wire)-August 12, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced its operating results and net income for the fourth fiscal quarter and year ended June 30, 2008. Net income for the fourth quarter was $6.4 million, or $0.45 per fully diluted limited partner...
Help Protect Florida's Environment by Dialing #DEP
TAMPA, Fla.-(Business Wire)-August 12, 2008 - Verizon Wireless customers across Florida can now help protect the Sunshine State's natural resources by dialing #DEP from their wireless phones when they witness environmental crimes. The calls will be automatically directed to the Florida Department of...
CIM USA Launches 2D Data Matrix(TM) Metal Embosser Ideal for Industrial Marking Applications Requiring Automatic Data Collection
MIAMI-(Business Wire)-August 12, 2008 - CIM USA, a leading manufacturer and distributor of a complete line of machines for industrial metal tag and dog tag marking, announces the introduction of the ME2000 DM, a new 2D Data Matrix(TM) Metal Tag Solution. CIM USA is the leading provider of...
Aker Philadelphia Shipyard Board of Directors Approves Proposal to Distribute Interim Dividend in 2008
PHILADELPHIA-(Business Wire)-August 12, 2008 - The Board of Directors of Aker Philadelphia Shipyard ASA (Oslo:AKPS), a leading U.S. commercial shipyard, recently approved a proposal by management to distribute an interim dividend to its shareholders. An Extraordinary General Meeting has been...
Navigators Receives Approval in Brazil
NEW YORK-(Business Wire)-August 12, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced that its principal insurance company subsidiary, Navigators Insurance Company, has received regulatory approval to underwrite reinsurance in the newly de-regulated Brazilian reinsurance market. Stan...
Hyperion Power Generation Lands Initial Set of Customers for the HPM Small, Safe, Transportable Nuclear Power Reactor
LOS ALAMOS, N.M.-(Business Wire)-August 12, 2008 - Hyperion Power Generation's CEO, John R. "Grizz" Deal, announced today that the company has received its first Letter of Intent to purchase the Hyperion Power Module (TM) (HPM), a small, compact, transportable, nuclear power reactor...
Peoples Gas Files for New Natural Gas Base Rates
TAMPA, Fla.-(Business Wire)-August 11, 2008 - As announced in June, Peoples Gas System today filed with the Florida Public Service Commission (FPSC) for an increase to its base rates. The request reflects ongoing investment in the company's natural gas distribution system, as well as significant...
Tampa Electric Files for Base Rate Increase, First since 1992
TAMPA, Fla.-(Business Wire)-August 11, 2008 - Tampa Electric (NYSE:TE) today formally filed its request for a base rate increase with the Florida Public Service Commission (FPSC). The last time the company made such a request was 16 years ago. Since Tampa Electric's last base rate adjustment went...
Warm Asian Response to TTEG Technology
DELAND, Fla.-(Business Wire)-August 11, 2008 - Mr. Michael Rouse, CEO of Turbine Truck Engines, Inc. ("TTE") (OTCBB:TTEG), is pleased to announce that the introduction of the company's Detonation Cycle Gas Turbine Engine to Asian automotive manufacturers has been extremely well received. Visionary...
GE Ultrasonic Flaw Detectors Provide Flexible Solution Platform
BILLERICA, Mass.-(Business Wire)-August 11, 2008 - GE Sensing & Inspection Technologies introduces a new family of ultrasonic flaw detectors, providing inspectors with a flexible platform, as inspection needs change. The Phasor family incorporates conventional and phased array ultrasound...
Odyssey Marine Exploration Announces Second Quarter 2008 Results
TAMPA, Fla.-(Business Wire)-August 11, 2008 - Odyssey Marine Exploration, Inc. (Nasdaq:OMEX), the world leader in the field of deep-ocean shipwreck exploration, today filed a quarterly report with the Securities and Exchange Commission detailing results of the Company's second quarter 2008. For...
Concordia: Teleconference Invitation
STOCKHOLM, Sweden-(Business Wire)-August 11, 2008 - The Interim Report for Q2, 2008, will be presented and questions answered. Attending: Hans Noren, President Goran Hermansson, Financial Manager Phone: +44 (0)20 7162 0025 or +46 (0)8 5052 0110 Conference title: Concordia Maritime Recorded...
Jaguar Freight Services Continues Expansion and Commitment to European Market with Opening of New Paris Office
NEW YORK-(Business Wire)-August 11, 2008 - Simon Kaye, founder and CEO of Jaguar Freight Services, today announced the opening of their newest office to open September 2008 at Charles de Gaulle Airport (CDG) in Paris, France. Jaguar Freight Services is one of the most specialized freight transport...
Wireless Maritime Services and SeaMobile Enterprises Announce Commercial Agreement Resulting in Expanding WMS' Business
SEATTLE-(Business Wire)-August 11, 2008 - Wireless Maritime Services (WMS), a joint venture of AT&T Mobility and SeaMobile(R) Enterprises, announced today it will acquire certain maritime wireless assets of SeaMobile Wireless, a division of SeaMobile Enterprises. The WMS joint venture is further...
Todd Shipyards Corporation Announces Quarterly Financial Results for June 29, 2008
SEATTLE-(Business Wire)-August 8, 2008 - Todd Shipyards Corporation (NYSE:TOD) announced financial results for the first quarter ended June 29, 2008. For the quarter, we reported a net loss of $1.3 million or $0.23 per diluted share on revenue of $18.2 million. For the prior year first quarter ended...
Seafarer Exploration Corp. Completes Private Placement
NEW YORK-(Business Wire)-August 8, 2008 - Seafarer Exploration Corp. (OTCBB:SFRX) announced today the company has completed its equity private placement financing. Proceeds from the private placement will be used for working capital for the company. The terms of the private placement were as...
DRS Technologies Declares Quarterly Dividend
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today announced that its board of directors has declared a quarterly cash dividend of $0.03 per share on the company's common stock. The dividend is payable on September 30, 2008 to stockholders of record as of...
New Underwater Anti-Terrorism Technology to Patrol San Francisco Bay
NEW YORK-(Business Wire)-August 8, 2008 - Coda Octopus Group, Inc. (OTCBB: CDOC) said today the Company's Underwater Inspection System(TM) (UIS), developed in cooperation with the US Coast Guard, has been purchased by the Sheriff's Office of Contra Costa County, CA. Contra Costa County will be the...
Muscogee (Creek) Nation Deploys Pivot3 High-Definition Storage for State-of-the-Art IP Video Surveillance Installation
PALO ALTO, Calif. & TULSA, Okla.-(Business Wire)-August 8, 2008 - Pivot3, Inc., the inventor of high-definition storage based on distributed RAID, and Connections IT of Tulsa, Oklahoma, one of the most prominent gaming industry systems integrators, today announced that the Muscogee (Creek...
DRS Technologies Reports Record First Quarter Results
PARSIPPANY, N.J.-(Business Wire)-August 8, 2008 - DRS Technologies, Inc. (NYSE: DRS) today reported record financial results for the first quarter of fiscal 2009, which ended June 30, 2008. Results included higher revenues, operating income, net earnings and earnings per share than the same period a...
PHI, Inc. Announces Results for the Second Quarter Ended June 30, 2008
LAFAYETTE, La.-(Business Wire)-August 7, 2008 - PHI, Inc. (The Nasdaq Global Market: PHII) (voting)(The Nasdaq Global Market: PHIIK)(non-voting) today reported net earnings of $6.3 million ($0.41 per diluted share) on operating revenues of $130.1 million for the quarter ended June 30, 2008. For...
SeaMobile(R) Enterprises and Subsidiary Wave Entertainment Network(TM) Announce Extensive U.S. Television Platform for Cruise Ships
MANHATTAN BEACH, Calif. & SEATTLE-(Business Wire)-August 7, 2008 - Wave Entertainment Network(TM), a division of SeaMobile(R) Enterprises, announced today its top-tier IPTV television platform available to the cruise line industry worldwide. The continually expanding lineup includes linear and...
Great Lakes Dredge & Dock Corporation Reports 2008 Second Quarter Results
OAK BROOK, Ill.-(Business Wire)-August 7, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - the largest provider of dredging services in the United States and a major provider of commercial and industrial demolition services, today reported financial results for the second quarter and...
PortVision Selected as Enterprise Portal for Maritime Traffic Analysis within MarView Platform by the U.S. Department of Transportation Maritime Administration
SAN DIEGO-(Business Wire)-August 7, 2008 - AIRSIS announced today its PortVision service was selected by the U.S. Department of Transportation's Maritime Administration to provide maritime data analytics and historical reporting for its MarView Internet portal. Under the subscriber agreement, The...
Clean Energy to Present at Canaccord Adams 28th Annual Global Growth Conference in Boston
SEAL BEACH, Calif.-(Business Wire)-August 7, 2008 - Clean Energy Fuels Corp. (Nasdaq:CLNE) announced today that Andrew J. Littlefair, the Company's President and Chief Executive Officer, and Rick Wheeler, the Company's Chief Financial Officer, will be presenting at the Canaccord Adams 28th Annual...
Ampal-American Israel Corporation Announces Preliminary Results of the Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers and Terminals Ltd.
TEL AVIV, Israel-(Business Wire)-August 6, 2008 - Ampal-American Israel Corporation - (NASDAQ:AMPL) today announced that in connection with the previously announced tender offers by Merhav-Ampal Energy Ltd. ("MAE"), a wholly owned subsidiary of Ampal, to purchase all outstanding shares of common...
United Components Reports Results of Operations for Second Quarter 2008
EVANSVILLE, Ind.-(Business Wire)-August 6, 2008 - United Components, Inc. ("UCI") today announced results for the quarter ended June 30, 2008. Revenue of $229.3 million decreased $30.3 million compared to the year-ago quarter. Last year's second quarter included $12.1 million in sales resulting from...
In Wake of Shipyard Fire Disaster, Aetna Waives Premium to Help Washburn & Doughty Associates
HARTFORD, Conn.-(Business Wire)-August 6, 2008 - The only thing tougher than a Washburn & Doughty Associates tugboat may be the company itself. Before the disastrous fire that destroyed its shipyard was even fully extinguished, Washburn & Doughty, one of the biggest commercial boat...
Naturipe Berry Growers Reports Positive Economic and Environmental Impact with CHEP Pallet Pool
SALINAS, Calif.-(Business Wire)-August 6, 2008 - Naturipe Berry Growers, a leading produce company, today announced it is seeing significant benefits from the CHEP pallet pool and will continue to ship on platforms from the world's largest equipment pooling company. The company transports...
American Science and Engineering, Inc. Receives DHS SAFETY Act Certification for Multiple Products
BILLERICA, Mass.-(Business Wire)-August 6, 2008 - American Science and Engineering, Inc. (NASDAQ: ASEI) (AS&E(R)), a leading worldwide supplier of innovative X-ray inspection solutions, announced today that it has received SAFETY (Support Anti-terrorism by Fostering Effective Technology) Act...
Genesis Energy, L.P. Reports Second Quarter Results
HOUSTON-(Business Wire)-August 6, 2008 - Genesis Energy, L.P. (AMEX:GEL) reported today net income for the second quarter of 2008 of $7.3 million, or $0.17 per unit. This compares to a loss in the 2007 period of $1.4 million, or $0.09 per unit. Net income for the first six months of 2008 was $9.0...
Yingli Green Energy Reports Second Quarter 2008 Results
BAODING, China-(Business Wire)-August 6, 2008 - Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading vertically integrated photovoltaic ("PV") product manufacturers, today announced its unaudited financial results for the second...
White House Personnel Announcement
SEOUL, South Korea-(Business Wire)-August 6, 2008 - Office of the Press Secretary President George W. Bush today announced his intention to appoint one individual to serve in his Administration. The President intends to appoint Mark V. Rosenker, of Maryland, to be Vice Chairman of the National...
AECOM to participate in UBS Engineering and Construction One-on-One Conference
LOS ANGELES-(Business Wire)-August 5, 2008 - AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that Michael S. Burke, executive vice president, chief corporate...
K-Sea Transportation Partners L.P. Announces Expected Results for Fourth Quarter and Fiscal Year Ended June 30, 2008
NEW YORK-(Business Wire)-August 5, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced expected operating results and net income for the fourth fiscal quarter and year ended June 30, 2008. These amounts are being presented in a range and are subject to finalization pending...
CORRECTING and REPLACING KCS Announces the Appointment of John S. Jacobsen as Vice President and Chief Engineer
KANSAS CITY, Mo.-(Business Wire)-August 5, 2008 - In headline and first paragraph, John S. Jacobsen's title should read vice president and chief engineer (sted vice president engineering). The corrected release reads: KCS ANNOUNCES THE APPOINTMENT OF JOHN S. JACOBSEN AS VICE PRESIDENT AND CHIEF...
Aker Philadelphia Shipyard Holds Ceremonial Keel Laying
PHILADELPHIA-(Business Wire)-August 5, 2008 - Aker Philadelphia Shipyard (Oslo:AKPS), a leading U.S. commercial shipyard, held a ceremonial keel laying today for the eleventh vessel being built at the yard. The Veteran Class MT-46 product tanker is the seventh in a series of 12 tankers being...
Expeditors Announces 2nd Quarter Results, Operating Income Up 11%
SEATTLE-(Business Wire)-August 5, 2008 - Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced net earnings of $71,249,000 for the second quarter of 2008, as compared with $65,489,000 for the same quarter of 2007, an increase of 9%. Net revenues for the second quarter of 2008...
Textainer Group Holdings Limited Reports Second Quarter 2008 Results and Declares Quarterly Dividend
HAMILTON, Bermuda-(Business Wire)-August 5, 2008 - Textainer Group Holdings Limited (NYSE:TGH) ("Textainer"), the world's largest lessor of intermodal containers based on fleet size, today reported results for the second quarter ended June 30, 2008. Total revenues for the quarter increased by $8.9...
Great Lakes Dredge & Dock Corporation Schedules Announcement for 2008 Second Quarter Results
OAK BROOK, Ill.-(Business Wire)-August 4, 2008 - Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release its financial results for the quarter and six months ended June 30, 2008 on Thursday, August 7, 2008 at 7:00 a.m. C.D.T. A conference call with the Company...
Trailer Bridge Announces Second Quarter Financial Results
JACKSONVILLE, Fla.-(Business Wire)-August 4, 2008 - Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today reported its financial results for the second quarter ended June 30, 2008 (see attached table). Revenue increased 14.7% from the prior year to $33.9 million, reflecting continued growth...
Twin Disc, Inc. to Present at the 2008 Noble Financial Stock Conference on August 18, 2008
RACINE, Wisc.-(Business Wire)-August 4, 2008 - Twin Disc, Inc. (NASDAQ: TWIN), today announced that Michael E. Batten, Chairman and Chief Executive Officer, John H. Batten President and Chief Operating Officer, and Christopher J. Eperjesy, Vice President - Finance, Chief Financial Officer and...
ICRC Continues Work on Port of Anchorage Intermodal Expansion Project
ALEXANDRIA, Va.-(Business Wire)-August 4, 2008 - Integrated Concepts and Research Corporation (ICRC), a wholly owned subsidiary of VSE Corporation (NasdaqGM:VSEC), announced a recent contract award from the U.S. Department of Transportation Maritime Administration to continue program management...
Sziols America Named Exclusive Eyewear of the Offshore Super Series
DALLAS-(Business Wire)-August 1, 2008 - The Offshore Super Series (OSS) Powerboat Racing Association announced that is has selected Sziols(R) America as its exclusive eyewear partner for the 2008 racing season. "Offshore powerboat racing continues to grow in popularity due to the excitement of...
Tidewater Announces Promotion of Bruce D. Lundstrom
NEW ORLEANS-(Business Wire)-August 1, 2008 - Tidewater Inc. (NYSE:TDW) recently announced the promotion of Bruce D. Lundstrom to Executive Vice President, General Counsel and Secretary. The promotion is effective as of July 31, 2008, and he will continue to be responsible for the Legal, Insurance...
Trailer Bridge Schedules 2008 Second Quarter Results Release Date and Conference Call
JACKSONVILLE, Fla.-(Business Wire)-August 1, 2008 - Trailer Bridge, Inc. (NASDAQ Global Market: TRBR) today announced that it will release its financial results for the second quarter ended June 30, 2008 the afternoon of Monday, August 4, 2008. The Company will then discuss those results in a...
Matson Recognized as Laureate by the Computerworld Honors Program
OAKLAND, Calif.-(Business Wire)-August 1, 2008 - Matson Navigation Company has been recognized as a Laureate by the Computerworld Honors Program in the transportation category for its Integrated Document Management (IDM) initiative. IDM has successfully streamlined operations and eliminated...
Tidewater Announces Plans to Repurchase Shares of its Common Stock
NEW ORLEANS-(Business Wire)-August 1, 2008 - Tidewater Inc. (NYSE:TDW) announced today that its Board of Directors has authorized the Company to spend up to $200 million to repurchase shares of its common stock in open-market or privately-negotiated transactions. The Company would use its...
Tidewater Reports First Quarter Results for Fiscal 2009
NEW ORLEANS-(Business Wire)-August 1, 2008 - Tidewater Inc. (NYSE:TDW) announced today first quarter net earnings for the period ended June 30, 2008, of $84.8 million, or $1.64 per common share, on revenues of $340.1 million. For the same quarter last year, net earnings were $87.5 million, or...
Dynamax Technologies and The Knowledge Zone Set Sail with Launch of iZone(TM) Digital Signage Network for World-Renowned Yachting Centre in Cowes
BLACKBURN, England & COWES, ISLE OF WIGHT, England-(Business Wire)-August 1, 2008 - Dynamax Technologies Ltd., a global leader in digital signage solutions, today announced it has teamed with Cowes, Isle of Wight, U.K.-based The Knowledge Zone Ltd. (TKZ), a major publisher and distributor of...
CEMEX USA Begins Meeting Cement Demand Abroad
HOUSTON-(Business Wire)-July 31, 2008 - CEMEX Inc., the nation's largest cement and ready-mix company, announced today that it has loaded the first vessel to begin exporting cement from its Tampa cement terminal. The strategic move to turn its Tampa facility from an import operation into a cement...
Tidewater Declares Quarterly Dividend on Common Stock
NEW ORLEANS-(Business Wire)-July 31, 2008 - Tidewater Inc. (NYSE:TDW) announced today that its board of directors has declared a quarterly dividend of $.25 per share on Tidewater's approximately 51.5 million shares of common stock outstanding. The dividend is payable September 15, 2008, to...
International Shipholding Corporation Reports Second Quarter Results
MOBILE, Ala.-(Business Wire)-July 31, 2008 - International Shipholding Corporation (NYSE: ISH) today reported results for the three month and six month periods ended June 30, 2008. Net income for the three months ended June 30, 2008 was $18.016 million as compared to net income of $6.953 million for...
KCS Reports Record Second Quarter Revenues for the 3 Months Ending June 30, 2008; Operating Ratio of 78.5%, EPS of $0.56
KANSAS CITY, Mo.-(Business Wire)-July 31, 2008 - Kansas City Southern (KCS) (NYSE:KSU) reported record second quarter revenues of $486.2 million, a 13.8% increase over second quarter 2007. The revenue growth was attributable to a continued strong pricing environment, significant growth in certain...
Quinn P. Fanning Joins Tidewater's Senior Management Team
NEW ORLEANS-(Business Wire)-July 31, 2008 - Tidewater Inc. (NYSE:TDW) announced today that Quinn P. Fanning has joined Tidewater as Executive Vice President. Mr. Fanning will report to Chairman, President and CEO Dean Taylor and is expected to assume the duties of Chief Financial Officer of...
Digital Angel to Announce Financial Results for Second Quarter 2008 on Thursday, August 7
SO. ST. PAUL, Minn.-(Business Wire)-July 31, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that it plans to issue its second quarter 2008 financial results for the period ended June 30...
TECO Energy Reports Second Quarter Results
TAMPA, Fla.-(Business Wire)-July 31, 2008 - TECO Energy, Inc. (NYSE:TE) today reported second quarter net income of $51.4 million or $0.24 per share, compared to $73.7 million or $0.35 per share in the second quarter of 2007. Second quarter net income and earnings per share from continuing...
ImmunoGen, Inc. Announces Senior Management Promotions
WALTHAM, Mass.-(Business Wire)-July 31, 2008 - ImmunoGen, Inc. (Nasdaq: IMGN), a biotechnology company that develops targeted anticancer products, today announced two senior management promotions. Daniel M. Junius has been named President and Chief Operating Officer. John M. Lambert, Ph.D., has been...
The Tioga Group Releases CIGMA International Freight Study: North American Containerization; Import and Export Outlook
PHILADELPHIA-(Business Wire)-July 30, 2008 - A new study, Containerized Intermodal Goods Movement Assessment (CIGMA) 2008, has been released by freight transportation consultant The Tioga Group, Inc. (www.tiogagroup.com). Supported by interviews with more than 60 leading firms linked to the supply...
Rand Logistics to Announce First Quarter Fiscal 2009 Financial Results on August 14, 2008
NEW YORK-(Business Wire)-July 30, 2008 - Rand Logistics Inc. (NASDAQ: RLOG; RLOGW; RLOGU) ("Rand"), will issue financial results for its fiscal 2009 first quarter ended June 30, 2008, on Thursday, August 14, 2008, before the market opens. Management will host a conference call to discuss the results...
Research and Markets: BG Group plc Tanker Operation Asset Summary Report
DUBLIN, Ireland-(Business Wire)-July 30, 2008 - Research and Markets has announced the addition of the "BG Group plc Tanker Operation Asset Summary Report" report to their offering. Summary BG Group plc Tanker Operation Assets Summary Report is an essential source for company data and information...
Record UPS Contingent Drives Way to National Championships
RICHMOND, Va.-(Business Wire)-July 30, 2008 - A record 33 UPS and UPS Freight state champions will test their skills against the nation's top professional drivers in next month's American Trucking Associations' National Truck Driving Championships. This year's UPS (NYSE:UPS) team, a mix of...
Caspian Services Takes Delivery of Two 41 Foot, Shallow Water, Oil & Gas Exploration Boats from Demaree Inflatable Boats
FRIENDSVILLE, Md.-(Business Wire)-July 30, 2008 - Demaree Inflatable Boats Inc. (DIB), a leading manufacturer of industrial grade inflatable boats and pontoons, announced that it has delivered two 41' River Freighters to Caspian Services, Inc, ("Caspian") (OTC Bulletin Board: "CSSV.OB"), a company...
SPADAC Awarded Contract by Office of Naval Research to Determine Relevance of Cultural Factors
MCLEAN, Va.-(Business Wire)-July 30, 2008 - SPADAC, a leading provider of spatially-enhanced technology solutions, has been awarded a contract by the Office of Naval Research (ONR) to support its Large Tactical Sensor Networks II program through the development of a system to determine the relevance...
K-Sea Transportation Partners L.P. Announces Increased Distribution for Fourth Quarter Ended June 30, 2008
NEW YORK-(Business Wire)-July 30, 2008 - K-Sea Transportation Partners L.P. (NYSE: KSP) today announced that its distribution to unitholders for the fourth fiscal quarter ended June 30, 2008 will increase by $0.01, or 1.3%, to $0.77 per unit, or $3.08 per unit annualized. This is the thirteenth...
Frost & Sullivan Recognizes GGB for Customer-Centric Product Innovation in Heavy-Duty Truck Bearings
PALO ALTO, Calif.-(Business Wire)-July 30, 2008 - Based on its recent analysis of the heavy-duty truck bearings market, Frost & Sullivan has presented GGB Bearing Technology with the 2008 North American Frost & Sullivan Award for Product Innovation of the Year in the Class 7-8 truck bearings...
Textainer Group Holdings Limited Announces Dates for Release of Second Quarter 2008 Results and Quarterly Conference Call
HAMILTON, Bermuda-(Business Wire)-July 29, 2008 - Textainer Group Holdings Limited (NYSE:TGH) ("Textainer" or the "Company"), the world's largest lessor of intermodal containers based on fleet size, today reported that it will announce results for the second quarter ended June 30, 2008 on August...
OSG America L.P. Reports Second Quarter 2008 Results
TAMPA, Fla.-(Business Wire)-July 29, 2008 - OSG America L.P. (NYSE: OSP), the largest operator of U.S. Flag product carriers and ocean-going barges transporting refined petroleum products, today reported financial results for the three month period ended June 30, 2008. For the quarter ended June 30...
Overseas Shipholding Group Reports Second Quarter 2008 Results
NEW YORK-(Business Wire)-July 29, 2008 - Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today reported results for the second quarter of fiscal 2008. For the quarter ended June 30, 2008, TCE revenues(1) were $386.1 million a $111.9 million...
ICON Aircraft's Revolutionary Sport Plane Makes Public Debut at AirVenture
LOS ANGELES-(Business Wire)-July 29, 2008 - ICON Aircraft, a start-up Light Sport Aircraft manufacturer, publicly unveiled the ICON A5 consumer sport plane yesterday on the opening day of AirVenture 2008, the world's largest aviation event taking place in Oshkosh, Wis. The two-seat sport plane is...
K-Sea Transportation Partners L.P.: Fourth Quarter Fiscal 2008 Earnings Conference Call
NEW YORK-(Business Wire)-July 29, 2008 - K-Sea Transportation Partners L.P. (NYSE:KSP), a provider of refined petroleum products marine transportation, distribution and logistics services in the U.S. domestic marine transportation market, will hold its quarterly conference call to discuss its fourth...
Twin Disc, Inc. Declares Regular Quarterly Cash Dividend
RACINE, Wis.-(Business Wire)-July 29, 2008 - Twin Disc, Inc. (NASDAQ: TWIN), announced today that the Board of Directors declared a regular quarterly cash dividend of $0.07 per share payable on September 2, 2008, to shareholders of record on August 8, 2008. Twin Disc, Inc. designs, manufactures...
Twin Disc, Inc., Announces Financial Results for Fiscal 2008 Fourth Quarter and Full Year
RACINE, Wis.-(Business Wire)-July 29, 2008 - Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2008 fourth quarter and fiscal year ended June 30, 2008. The Company reported sales and net earnings growth for fiscal 2008. Sales for the fourth quarter ended June 30, 2008...
36 Million American Adults Now Print Coupons
MOUNTAIN VIEW, Calif.-(Business Wire)-July 29, 2008 - The number of people turning to the web for coupons has soared to 36 million in 2008. That's an increase of 10 million people from 2005. Traditionally consumers have associated coupons with the Sunday paper, but as consumers turn to the web for...
Action Donation Services to Process Car Donations for Huntsman Cancer Foundation
SAN DIEGO-(Business Wire)-July 29, 2008 - Action Donation Services(R) (ADS) announced today that it will be processing car, boat and other property donations to benefit the Huntsman Cancer Foundation (HCF). HCF is a non-profit organization dedicated to supporting cancer research, education, and...
Yacht-Maker, Construction Navale Bordeaux (CNB), Sets Sail with PTC(R) Steering Its Product Development
NEEDHAM, Mass.-(Business Wire)-July 29, 2008 - PTC (Nasdaq: PMTC), The Product Development Company(R), today announced that Construction Navale Bordeaux (CNB) has selected PTC(R) PLM (Product Lifecycle Management) solutions to design its full line of ships. Established in 1987, CNB is part of the...
American Superconductor and U.S. Navy Initiate Testing of an HTS Degaussing System on USS Higgins
DEVENS, Mass.-(Business Wire)-July 29, 2008 - American Superconductor Corporation (NASDAQ: AMSC), a leading energy technologies company, today announced that it has supplied critical components to the Office of Naval Research (ONR) and the Naval Surface Warfare Center Carderock Division (NSWCCD...
Navigators Announces New Chief Financial Officer
NEW YORK-(Business Wire)-July 28, 2008 - The Navigators Group, Inc. (NASDAQ:NAVG) today announced the hiring of Francis McDonnell as Senior Vice President and Chief Financial Officer. Mr. McDonnell will join the Company on August 5, 2008 and will assume responsibility as Chief Financial Officer on...
Supply-Chain Council Announces New Executive Director and CTO
WASHINGTON-(Business Wire)-July 28, 2008 - Joe Francis has been appointed to the role of SCC Executive Director. Mr. Francis has a long history of service to SCC, as a former volunteer board member, frequent speaker and advocate on behalf of the Council, and more recently in the last two years as...
Omega Commercial Finance Corp. Completes Acquisition of Luxury Casino Cruise Ship with Oceans 21-Miami LLC
MIAMI-(Business Wire)-July 28, 2008 - Omega Commercial Finance Corporation (OTCBB:OCFN) announced today that it has finalized its acquisition of a luxury casino cruise ship with Oceans 21-Miami LLC ("Oceans 21") and its majority shareholder. The casino cruise ship's name shall be changed to the...
Research and Markets: A.P. Moller - Maersk AS Tanker Operation Asset Summary Report: An Essential Source for Company Data and Information
DUBLIN, Ireland-(Business Wire)-July 28, 2008 - Research and Markets has announced the addition of the "A.P. Moller - Maersk AS Tanker Operation Asset Summary Report" report to their offering. Summary A.P. Moller - Maersk AS Tanker Operation Assets Summary Report is an essential source for company...
Research and Markets: Stena AB Tanker Operation Asset Summary Report: An Essential Source for Company Data and Information
DUBLIN, Ireland-(Business Wire)-July 28, 2008 - Research and Markets has announced the addition of the "Stena AB Tanker Operation Asset Summary Report" report to their offering. Summary Stena AB Tanker Operation Assets Summary Report is an essential source for company data and information. The...
INTTRA Provides Unmatched Visibility with the Availability of Idle Container Management
PARSIPPANY, N.J.-(Business Wire)-July 28, 2008 - INTTRA, the leading e-commerce portal for the ocean freight industry, today announces the availability of INTTRA Idle Container Management (ICM), an intuitive, on-demand shipment management solution that allows shippers and freight forwarders to...
Tsakos Energy Navigation Announces Charters for Newbuilding Aframax Tankers Maria Princess and Nikkon Princess
Vessels to be delivered in October and November of this year ATHENS, Greece, July 28 PRNewswire-FirstCall — Tsakos Energy Navigation Limited (TEN or the "Company") (NYSE: TNP) today announced two repositioning time-charters for its two DNA-Aframax tankers Maria Princess and Nikkon...
General Finance Corporation Announces Acquisition of Pac-Van, Inc.
PASADENA, Calif., July 28 PRNewswire-FirstCall — General Finance Corporation ("General Finance") (Amex: GFN, GFN.WS and GFN.U) which owns Royal Wolf Trading Australia Pty Limited ("Royal Wolf"), the leading provider of portable storage solutions in Australia and New Zealand, and...
Cameron in Agreement to Provide Subsea Systems Offshore Angola; Value of Initial Phase Estimated at $800 Million
HOUSTON, July 28 PRNewswire-FirstCall — Cameron (NYSE: CAM) has entered into a frame agreement for the supply of subsea production systems, including wellheads, trees, control systems, manifolds and chokes to a major development program offshore west Africa. The order for the first...
Marathon Receives Approval to Proceed with Angola Block 31 Development Project
HOUSTON, Texas, July 28 PRNewswire-FirstCall — Marathon Oil Corporation (NYSE: MRO) announced today that its subsidiary, Marathon International Petroleum Angola Block 31 Limited, and its co-venturers have received approval from Sociedade Nacional de Combustiveis de Angola - Sonangol...
AECOM Completes Acquisition of Earth Tech
LOS ANGELES-(Business Wire)-July 28, 2008 - AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has completed its acquisition of Earth Tech, Inc., a...
GATX Adds James Ream to Board of Directors
CHICAGO-(Business Wire)-July 25, 2008 - GATX Corporation (NYSE:GMT) reported that James B. Ream was elected by the GATX Board of Directors to serve as an independent director. "Jim understands the complexities of leading a public company," said Brian A. Kenney, chairman and CEO of GATX...
GATX Announces Quarterly Dividend
CHICAGO-(Business Wire)-July 25, 2008 - The board of directors of GATX Corporation (NYSE:GMT) today declared a quarterly dividend of $0.27 per common share, payable September 30, 2008, to shareholders of record on September 15, 2008, unchanged from the previous quarter. The board also declared a...
Horizon Lines, Inc. Declares Dividend
CHARLOTTE, N.C., July 25 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ) announced that its Board of Directors has voted to declare a regular quarterly cash dividend of $0.11 per share, payable on September 15, 2008, to stockholders of record at the close of business on September...
Holland America Line Offers Early Advantage Fares on 2009 Cruises Booked by September 15
SEATTLE, July 25 PRNewswire — Gearing up for its 2009 cruise season, Holland America Line will offer Early Advantage savings on a wide selection of cruises and CruiseTours when booked by September 15, 2008. Past guests can save even more, and on select sailings, special fares are...
A&B Reports 2nd Quarter 2008 Net Income of $29.6 Million
HONOLULU-(Business Wire)-July 25, 2008 - Alexander & Baldwin, Inc. (NASDAQ:ALEX) today reported that net income for the second quarter of 2008 was $29.6 million, or $0.71 per diluted share. Net income in the second quarter of 2007 was $32.0 million, or $0.74 per diluted share. Revenue in the...
TOP Ships Announces Date of Second Quarter & First Half 2008 Results Release and Conference Call
ATHENS, Greece, July 25 PRNewswire-FirstCall — TOP Ships Inc. (Nasdaq: TOPS) will release its second quarter and first half 2008 results on Thursday, July 31, 2008, before market opening. That same day, at 11:00 AM ET, management will host a conference call, which will be broadcast live...
Leading Lobbying Firm Celebrates Growth and New Name: Troutman Sanders Strategies
ATLANTA, July 25 PRNewswire — Troutman Sanders Public Affairs Group (TSPAG), Georgia's leading lobbying firm for healthcare, taxation, banking and developer issues, has changed its name to Troutman Sanders Strategies. "The name change reflects the firm's substantial growth since its...
Horizon Lines Reports Second-Quarter 2008 Results
CHARLOTTE, N.C., July 25 PRNewswire-FirstCall — Horizon Lines, Inc. (NYSE: HRZ), today reported results for the second quarter ended June 22, 2008. On a GAAP basis, net income was $7.2 million, or $0.24 per diluted share, on revenue of $331.0, compared with $9.6 million, or $0.28 per...
Labor Actions Widen - ILWU Slowdown Spreads North; Actions Now At Ports of Los Angeles, Long Beach and Oakland
SAN FRANCISCO, July 25 PRNewswire — Continuing disruptive labor actions by the International Longshore and Warehouse Union (ILWU) at the ports of Los Angeles and Long Beach are entering their third week and are now rolling to the Port of Oakland, the Pacific Maritime Association said...
OSG America L.P. Declares Distribution
TAMPA, Fla.-(Business Wire)-July 24, 2008 - OSG America, L.P. (NYSE: OSP) today reported that the Board of Directors of its general partner has declared a distribution of $0.375 per unit for the period April 1, 2008 to June 30, 2008. The distribution is payable on August 13, 2008 to unit holders...
Gulf Island Fabrication, Inc. Reports Second Quarter Earnings
HOUMA, La.-(Business Wire)-July 24, 2008 - Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today reported net income of $11.9 million ($.83 diluted EPS) on revenue of $117.9 million for its second quarter ended June 30, 2008, compared to net income of $7.9 million ($.55 diluted EPS) on revenue of...
Tidewater Announces Annual Shareholders' Meeting Webcast
NEW ORLEANS-(Business Wire)-July 24, 2008 - Tidewater Inc. (NYSE: TDW) announced today that a delayed webcast of a presentation by Dean Taylor, Chairman, President and CEO, and other senior management representatives, for its annual stockholders' meeting will be available beginning at 2:00 p.m...
TITAN Removes Over 400 Tons of the New Carissa's Stern
COOS BAY, Ore.-(Business Wire)-July 24, 2008 - Residents of Coos Bay, Ore., and others following the monumental shipwreck removal of the New Carissa via news reports and the Internet, can see TITAN Salvage means business. Just three-and-a-half weeks after positioning the second jack-up barge in...
American Commercial Lines Inc. Announces Earnings Release Date
JEFFERSONVILLE, Ind., July 24 PRNewswire-FirstCall — American Commercial Lines Inc. (Nasdaq: ACLI) ("ACL" or the "Company") will conduct a live webcast and conference call to review and discuss its second quarter 2008 financial results on Wednesday, July 30, 2008, at 10:00 a.m...
21CSI to Demonstrate Critical Technology for New Integrated Swimmer Defense System
NEWPORT, R.I.-(Business Wire)-July 24, 2008 - 21st Century Systems, Inc. (21CSI) announced that it is participating in a demonstration of the Navy's new underwater defense system, known as Integrated Swimmer Defense (ISD). The event will take place on August 14 at the Naval Undersea Warfare Center...
Pilot Freight Services Closes Q2 with Record Financial Results
LIMA, Pa.-(Business Wire)-July 24, 2008 - Pilot Freight Services, a worldwide provider of transportation and logistics services, today announced financial results for the quarter ending June 30, 2008. Nationwide, Pilot reported quarterly revenue of $98.7 million, up 15.7% from the second quarter...
GATX Corporation Reports 2008 Second Quarter Results
CHICAGO-(Business Wire)-July 24, 2008 - GATX Corporation (NYSE:GMT) today reported 2008 second quarter income from continuing operations of $40.9 million or $.82 per diluted share, compared to income from continuing operations of $43.5 million or $.79 per diluted share in the second quarter of 2007...
General Dynamics NASSCO Begins Construction of Third Product Carrier Ship
SAN DIEGO, July 24 PRNewswire — General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics (NYSE: GD), today began construction of the third ship in its series of nine product carriers. The shipyard is scheduled to lay the ship's keel in November and deliver the ship to...
West Marine Reports Second Quarter 2008 Preliminary Operating Results and Updated 2008 Earnings Guidance
WATSONVILLE, Calif.-(Business Wire)-July 24, 2008 - West Marine, Inc. (Nasdaq:WMAR) today released results for the second quarter ended June 28, 2008. 2008 SECOND-QUARTER RESULTS To better communicate West Marine's core operating results, certain key metrics are being presented both excluding and...
Tsakos Energy Navigation Announces Second Quarter 2008 Financial Results Conference Call and Webcast
ATHENS, Greece, July 24 PRNewswire-FirstCall — Tsakos Energy Navigation Ltd. ("TEN") (NYSE: TNP) will report earnings for the second quarter of 2008 prior to the open of the market on Friday, August 1, 2008. That same morning, at 10:00 a.m. Eastern Time, TEN will also host a...
Turkey Deploys Final Phase of Lockheed Martin's Vessel Traffic Management Information System
BALTIMORE, July 24 PRNewswire — One of the world's most challenging navigable waterways became safer and more secure recently when the Turkish government deployed the final phase of the Lockheed Martin (NYSE: LMT) Vessel Traffic Management Information System (VTMIS) for the Turkish...
Brunswick Reports Loss of $0.07 Per Diluted Share, Including $0.59 of Restructuring Charges, for Second Quarter
LAKE FOREST, Ill., July 24 PRNewswire-FirstCall — Brunswick Corporation (NYSE: BC) reported today a net loss of $6.0 million, or $0.07 per diluted share, for the second quarter of 2008, compared with net earnings of $56.9 million, or $0.63 per diluted share, from continuing operations...
General Maritime Corporation Announces Second Quarter 2008 Earnings Release, Conference Call and Webcast
NEW YORK, July 24 PRNewswire-FirstCall — General Maritime Corporation (NYSE: GMR) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2008 on Thursday, July 31, 2008 at 10:00 a.m. Eastern Time. The Company will issue...
Aries Maritime Transport Limited Announces First Quarter 2008 Financial Results and Initiates Fixed Quarterly Dividend of $0.10 per Share
ATHENS, Greece, July 24 PRNewswire-FirstCall — Aries Maritime Transport Limited (NASDAQ: RAMS) today reported financial results for the three months ended March 31, 2008. First Quarter Results Total revenues for the three month period ended March 31, 2008 were $24.9 million compared...
Stanford Environmental Law Clinic Announces Ninth Circuit Upholds Case Requiring U.S. EPA to Regulate Invasive Species Pollution
STANFORD, Calif.-(Business Wire)-July 23, 2008 - The Environmental Law Clinic at Stanford Law School today announced that the Ninth Circuit Court of Appeals ruled in favor of environmental organizations seeking to force the U.S. Environmental Protection Agency (EPA) to regulate ship discharges under...
Leading Lobbying Firm Celebrates Growth and New Name: Troutman Sanders Strategies
WASHINGTON, July 23 PRNewswire — Troutman Sanders Public Affairs Group (TSPAG), an accomplished, bi-partisan governmental affairs firm on Capitol Hill and across the country, has changed its name to Troutman Sanders Strategies. The D.C. office has a proven track record of success with...
Organetix Announces Completion of Name Change and Confirms New OTCBB Trading Symbol is "SFRX"
NEW YORK-(Business Wire)-July 23, 2008 - Organetix, Inc. (OTCBB:OGTX) has today announced that it has officially changed its name to Seafarer Exploration Corp. and has received its new trading symbol (OTCBB:SFRX). The Company commenced its trading under the new symbol "SFRX" at the opening of...
International Longshoremen's Association Expresses Support for International Longshore and Warehouse Union in Negotiations
LAS VEGAS, July 23 PRNewswire-USNewswire — Delegates to the 88th Convention of the South Atlantic and Gulf Coast District, International Longshoremen's Association, AFL-CIO unanimously passed a resolution calling on the ILA to offer full support of its Sister and Brother members of...
Company That Managed Cosco Busan Indicted On New Charges
Fleet Management Ltd. Charged With Pollution and Cover-Up in San Francisco Bay Oil Discharge Case WASHINGTON, July 23 PRNewswire-USNewswire — A federal grand jury in San Francisco returned a second superseding indictment charging Fleet Management Limited, a Hong Kong ship management...
Triumph Boats Awarded Consumers Digest Best Buy
DURHAM, N.C, July 23 PRNewswire — Triumph Boats 195 Center Console (195CC) has been certified by Consumers Digest magazine as a Best Buy in Coastal Boats. In the article entitled "Making Waves" in the August issue, Consumers Digest recognized Triumph's 195CC as their mid-range Best...
ATK Awarded $78 Million Contract to Missionize Three Maritime Patrol Aircraft for the Department of Homeland Security's Customs and Border Protection Division
MINNEAPOLIS, July 23 PRNewswire-FirstCall — Alliant Techsystems (NYSE: ATK) announced today that it has been awarded contracts by the U.S. Department of Homeland Security's Customs and Border Protection (CBP) division to retrofit three additional aircraft with ATK's proprietary...
American Commercial Lines Responding to Incident on Mississippi River
JEFFERSONVILLE, Ind., July 23 PRNewswire-FirstCall — American Commercial Lines, Inc. (ACLI) (Nasdaq: ACLI) indicated today that one of its liquid barges that was being towed by DRD Towing Company, L.L.C, of Harvey, LA, an independent towing contractor, was involved in a collision with...
Convera(R) Launch Maritime Answers a Vertical Search Site for the Shipping Industry with Informa Maritime
VIENNA, Va., July 23 PRNewswire-FirstCall — Convera Corporation (Nasdaq: CNVR), www.convera.com, a leading provider of vertical search services for publishers, today announced the launch of Maritime Answers (www.maritimeanswers.com) a vertical search site for the global shipping...
Lockheed Martin-Proposed Common Electronic Warfare System for U.S. Navy Surface Fleet Successful During Sea Testing
SYRACUSE, N.Y., July 23 PRNewswire — Lockheed Martin (NYSE: LMT)'s Integrated Common Electronics Warfare System (ICEWS) — a single enterprise solution designed to scale across all ship classes in the U.S. Navy's surface fleet — performed successfully during a series of...
Harris Corporation Conducts Successful Live Demonstration of New Wideband, Long-Range, Networked Maritime Radio
MELBOURNE, Fla., July 23 PRNewswire-FirstCall — More than 50 representatives of the U.S. Navy and industry last week attended a live, "over-the-ocean" demonstration of Harris Corporation's (NYSE: HRS) new SeaLancet(TM) RT-1944/U tactical radio — designed to provide network-centric...
General Dynamics Reports Strong Earnings, Backlog Growth in Second Quarter 2008
FALLS CHURCH, Va., July 23 PRNewswire-FirstCall — General Dynamics (NYSE: GD) today reported second-quarter 2008 earnings from continuing operations of $641 million, or $1.60 per share on a fully diluted basis, compared with 2007 second-quarter earnings from continuing operations of...
Marine Products Corporation Reports Second Quarter 2008 Financial Results
ATLANTA, July 23 PRNewswire-FirstCall — Marine Products Corporation (NYSE: MPX) announced its unaudited results for the quarter ended June 30, 2008. Marine Products is a leading manufacturer of fiberglass boats under two brand names: sterndrive and inboard pleasure boats by...
Marine Products Corporation Announces Regular Quarterly Cash Dividend
ATLANTA, July 23 PRNewswire-FirstCall — The Marine Products Corporation (NYSE: MPX) Board of Directors declared a regular quarterly cash dividend of $0.065 per share payable September 10, 2008 to common shareholders of record at the close of business on August 8, 2008. Marine Products...
PierPASS OffPeak Program Diverts More Than Nine Million Truck Trips from Daytime Traffic Over First Three Years of Operation
LONG BEACH, Calif.-(Business Wire)-July 23, 2008 - PierPASS Inc. today announced that its OffPeak program has diverted more than nine million truck trips from peak daytime traffic since the program's start three years ago today. The program, which created nighttime and Saturday shifts at the Port of...
SPP Shipbuilding Uses AVEVA Marine and PLM Solutions
KUALA LUMPUR, Malaysia, July 23 PRNewswire-FirstCall — AVEVA (LSE:AVV), the leading supplier of engineering IT systems for the plant and marine industries, is proud to announce that Korean shipbuilder, SPP Shipbuilding, has signed a multi-million USD agreement with AVEVA for the...
Tokio Marine Holdings to Acquire Philadelphia Consolidated in $4.7 Billion Transaction
TOKYO and BALA CYNWYD, Pa., July 23 PRNewswire-FirstCall — Tokio Marine Holdings, Inc. (TMHD) and Philadelphia Consolidated Holding Corp. (Philadelphia Consolidated) (Nasdaq: PHLY) today announced that they have entered into a definitive agreement under which TMHD will acquire all...
C.H. Robinson Reports Second Quarter Results
MINNEAPOLIS-(Business Wire)-July 22, 2008 - C.H. Robinson Worldwide, Inc. ("C.H. Robinson") (NASDAQ: CHRW), today reported financial results for the quarter ended June 30, 2008. Summarized financial results for the quarter ended June 30 are as follows (dollars in thousands, except per share data...
Ampal-American Israel Corporation Commences Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers And Terminals Ltd.
TEL AVIV, Israel-(Business Wire)-July 22, 2008 - Ampal-American Israel Corporation - (NASDAQ:AMPL) today announced that Merhav-Ampal Energy Ltd. ("MAE"), a wholly owned subsidiary of Ampal, has commenced offers in Israel to purchase all outstanding shares of common stock ("Shares") and all...
Hoffa Joins Thousands of Workers to Support Clean and Safe Ports in Oakland
Teamsters President Calls for a Sustainable Clean Trucks Program OAKLAND, Calif., July 22 PRNewswire-USNewswire — Teamsters General President Jim Hoffa joined more than 3,000 environmental, community and labor advocates at a march and rally today to call for clean air and good jobs at...
US SAILING Launches New SailingCertification.com Website
PORTSMOUTH, R.I.-(Business Wire)-July 22, 2008 - US SAILING may be best known for selecting the U.S. Olympic Sailing Team competing in China in the coming weeks, but they are also the nation's premier provider of sailing instruction, issuing thousands of certifications through sailing schools across...
Aegean Marine Petroleum Network Inc. Acquires Three Double-Hull Bunkering Tankers
PIRAEUS, Greece, July 22 PRNewswire-FirstCall — Aegean Marine Petroleum Network Inc. (NYSE: ANW) today announced that it has acquired three double- hull bunkering tankers which will be deployed to Aegean's service center in Piraeus. These vessels are replacing the single-hull fleet...
Arlington Tankers Announces Unaudited Second Quarter 2008 Results
HAMILTON, Bermuda, July 22 PRNewswire-FirstCall — Arlington Tankers Ltd. (NYSE: ATB) today announced financial results for the second quarter ended June 30, 2008. For the quarter ended June 30, 2008, the Company's total revenues were $17.4 million, consisting of $16.5 million in...
Martin Midstream Partners Announces Increase in Quarterly Distribution to $0.74 Per Unit to Be Paid on August 14, 2008
KILGORE, Texas, July 22 PRNewswire-FirstCall — Martin Midstream Partners L.P. (Nasdaq: MMLP) announced today that is has declared a quarterly cash distribution of $0.74 per unit for the quarter ended June 30, 2008. The August distribution reflects an increase of $0.02 per unit over...
Genesis Energy, L.P. Completes Joint Venture to Enter Into Marine Transportation Business
HOUSTON-(Business Wire)-July 22, 2008 - Genesis Energy, L.P. (AMEX:GEL) announced today that it has completed the previously announced transaction to form an inland barge transportation joint venture with an entity ("TD Marine") owned and controlled by certain principals of the Davison family of...
Digital Angel's SARBE Unit Receives Approval from COSPAS-SARSAT for Its Advanced Aircrew Personal Locator Beacon
SO. ST. PAUL, Minn.-(Business Wire)-July 22, 2008 - Digital Angel (NASDAQ:DIGA), an advanced technology company in the field of animal identification and emergency identification solutions, announced today that its SARBE division has received COSPAS-SARSAT type approval for its SARBE Advanced...
UPS Releases 2Q Results
ATLANTA-(Business Wire)-July 22, 2008 - UPS (NYSE:UPS) today reported a 6.7% revenue increase in the second quarter but an 18.3% decline in diluted earnings per share to $0.85 compared to $1.04 the prior year. Increasing fuel costs and a stagnant U.S. economy caused the earnings decline in both...
Travelers Introduces First Electric Boat Discount
HARTFORD, Conn.-(Business Wire)-July 22, 2008 - Travelers (NYSE: TRV), a leading provider of boat and other personal insurance products, is launching a first in the industry insurance premium discount* of up to 10 percent for those owning electrically powered boats. Whether boaters are interested in...
KVH Reports Results for Second Quarter of 2008
MIDDLETOWN, R.I., July 22 PRNewswire-FirstCall — KVH Industries, Inc., (Nasdaq: KVHI) today reported financial results for the second quarter ended June 30, 2008. Revenue for the second quarter of 2008 was $22.3 million, down 4% from the second quarter ended June 30, 2007. Net income...
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