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Business Wire articles from Thursday, May 16

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<a href="http://www.highbeam.com/Business+Wire/publications.aspx?date=19960516" title="Articles and back issues from Business Wire">Business Wire articles</a>

Business Wire back issues from Thursday, May 16:

Mining Services International announces first quarter results.

May 16, 1996 ... SALT LAKE CITY--(BUSINESS WIRE)--May 16, 1996--John T. Day, president and chief executive officer of Mining Services International Corp. (NASDAQ:MSIX), Thursday announced results for the three months ended March 31, 1996.Net income for the most recent quarter was $688,000 (up 56 ...

ELSINORE REPORTS FIRST QUARTER RESULTS.

May 16, 1996 ... LAS VEGAS--(BUSINESS WIRE)--May 16, 1996--Elsinore Corporation (ASE/PSE:ELS) today reported financial results for the company's first quarter ended March 31, 1996.Elsinore reported revenues of $15,886,000 for the first-quarter, compared with $15,261,000 for the first quarter of ...

BTG Releases Fiscal Year-End and 4th Quarter Financial Results; Record 4th Quarter Revenue, Earnings & EPS Reported.

May 16, 1996 ... VIENNA, Va.--(BUSINESS WIRE)--May 16, 1996--BTG, Inc. (NASDAQ: BTGI) today announced financial results showing record year-end and fourth quarter revenue for its 1996 fiscal year, which ended March 31.Annual revenue, which increased 37%, was $213.6 million compared to $156.0 ...

Gap Reports Record First Quarter 1996 Results.

May 16, 1996 ... SAN FRANCISCO--(BUSINESS WIRE)--May 16, 1996--Gap, Inc. (NYSE: GPS) announced today its financial results for the first quarter of fiscal 1996, the period ended May 4, 1996.Net income increased 63% to $81.6 million, or $.28 per share, compared to $50.1 million, or $.17 per share, ...

Fruehauf Trailer Corporation Reports First Quarter Results; Liquidity Update; Bondholder Consent Solicitation.

May 16, 1996 ... INDIANAPOLIS--(BUSINESS WIRE)--May 16, 1996--Fruehauf Trailer Corporation (NYSE:FTC) today reported operating results for the first quarter ended March 31, 1996, and that it filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 1996 with the Securities and Exchange ...

BIO-REFERENCE LABORATORIES ANNOUNCES ACQUISITION OF ADVANCED MEDICAL LABORATORY AND PROJECTS SECOND QUARTER 1996 RESULTS.

May 16, 1996 ... ELMWOOD PARK, N.J.--(BUSINESS WIRE)--May 16, 1996--Bio-Reference Laboratories, Inc. (NASDAQ: BRLI), the largest independent clinical laboratory in the New York Tri-State area, announced today it completed its acquisition of certain assets, including the customer list of Advanced Medical ...

IntegraMed America announces acquisition and management agreement.

May 16, 1996 ... PURCHASE, N.Y.--(BUSINESS WIRE)--May 16, 1996--IntegraMed America (formerly "IVF America," Nasdaq: IVFA) today announced the completion of an asset purchase and management agreement with W.F. ("Dub") Howard, M.D., P.C., of Dallas, Texas."This acquisition and management agreement ...

SPORTMART, INC. ANNOUNCES IMPROVED FIRST QUARTER RESULTS.

May 16, 1996 ... WHEELING, Ill.--(BUSINESS WIRE)--May 16, 1996--SPORTMART, INC. (NASDAQ/NM: SPMT, SPMTA) today announced net sales from continuing operations of $116.2 million for the first quarter ended April 28, 1996, an increase of 12.6 percent over net sales of $103.2 million reported for the comparable ...

Natural Wonders Inc. Reports Improved First Quarter Results.

May 16, 1996 ... FREMONT, Calif.--(BUSINESS WIRE)--May 16, 1996--Natural Wonders, Inc. (NASDAQ: NATW), today announced a net loss for its first fiscal quarter ended May 4, 1996 of $2,212,000, or $.28 per share, as compared with a net loss of $3,154,000, or $.41 per share, for the same period a year ago. Net ...

FAMILY BARGAIN CORPORATION ANNOUNCES FIRST QUARTER RESULTS.

May 16, 1996 ... NEW YORK--(BUSINESS WIRE)--May, 16, 1996--FAMILY BARGAIN CORPORATION (Nasdaq Symbol: FBAR, Nasdaq Preferred Symbol: FBARP) today announced financial results for the first quarter ended April 27, 1996.Family Bargain reported sales for the quarter ended April 27, 1996 of $49,825,000, ...

Watson General reports second- quarter fiscal 1996 results.

May 16, 1996 ... IRVINE, Calif.--(BUSINESS WIRE)--May 16, 1996--Watson General Corp. (NASDAQ:WGEN) reported financial results for the second quarter and first six months of fiscal 1996, ended March 31.For the second quarter as compared with the prior-year period, sales were $864,000 vs. $707,000. ...

AMERICAN HEALTH SERVICES CORP. ANNOUNCES FIRST QUARTER RESULTS.

May 16, 1996 ... NEWPORT BEACH, Calif.--(BUSINESS WIRE)--May 16, 1996--AMERICAN HEALTH SERVICES CORP. (OTC/BB: AHTS) today announced results for the first quarter ended March 31, 1996.Revenues for the quarter ended March 31, 1996 were $8,677,000 compared to revenues of $9,358,000 reported in the ...

American Superconductor reports fiscal 1996 fourth quarter and year-end results.

May 16, 1996 ... WESTBOROUGH, Mass.--(BUSINESS WIRE)--May 16, 1996--American Superconductor Corporation (Nasdaq: AMSC), today reported that revenues for the fourth quarter ended March 31, 1996 increased 148 percent to $3,252,475 compared with $1,313,294 for the corresponding period a year ago. Revenues for ...

ACCESS PHARMACEUTICALS, INC. ANNOUNCES FIRST QUARTER 1996 RESULTS.

May 16, 1996 ... DALLAS--(BUSINESS WIRE)--MAY 16, 1996--ACCESS PHARMACEUTICALS, INC. (OTC BULLETIN BOARD: AXCS) today reported a net loss of $8,685,000, or $0.34 per share, for the first quarter ended March 31, 1996, as compared to a net loss of $283,000, or $0.10 per share for the first quarter in 1995. ...

MOVIE STAR, INC. REPORTS THIRD QUARTER RESULTS.

May 16, 1996 ... NEW YORK--(BUSINESS WIRE)--May 16, 1996--MOVIE STAR INC. (ASE: MSI) today reported results for the third quarter and nine months ended March 31, 1996. (table follows)The Company reported that its results continue to be adversely affected by lower sales and insufficient gross ...

Valley Forge reports second quarter/six months results.

May 16, 1996 ... OAKS, Pa.--(BUSINESS WIRE)--May 16, 1996--Valley Forge Scientific Corp. (NASDAQ:VLFG, BSE:VLF), a developer and manufacturer of medical device products for hospital and health care markets worldwide, today reported results for the second quarter and six months ended March 31, 1996. ...

SHARED TECHNOLOGIES FAIRCHILD INC. REPORTS FIRST QUARTER RESULTS; First Quarter Revenues Increase 68%, EBITDA Up 83%.

May 16, 1996 ... WETHERSFIELD, Conn.--(BUSINESS WIRE)--May 16, 1996--SHARED TECHNOLOGIES FAIRCHILD INC. (STF) (Nasdaq NM Symbol: STCH) today announced financial results for the first quarter ended March 31, 1996.Revenues for the Company for the first quarter ended March 31, 1996 increased to ...

CHILDREN'S COMPREHENSIVE SERVICES ANNOUNCES 50% INCREASE IN FOURTH QUARTER NET INCOME PER SHARE TO $0.18.

May 16, 1996 ... MURFREESBORO, Tenn.--(BUSINESS WIRE)--May 16, 1996--William J. Ballard, Chairman and Chief Executive Officer of Children's Comprehensive Services, Inc. ("CCS") (Nasdaq/NM: KIDS), today announced financial results for the fourth quarter and year ended March 31, 1996. For the fourth quarter ...

The Kushner-Locke Co. reports results of second quarter of fiscal 1996.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--The Kushner-Locke Co. (NASDAQ/NNM:KLOC) Thursday reported quarterly revenues of $13,230,000 for the second quarter of fiscal 1996, ended March 31, 1996, a 142 percent increase as compared with $6,176,000 during the comparable reporting period ...

LUFKIN INDUSTRIES, INC. ANNOUNCES QUARTERLY DIVIDEND AND STOCK REPURCHASE.

May 16, 1996 ... LUFKIN, Texas--(BUSINESS WIRE)--May 16, 1996--Lufkin Industries, Inc. (Nasdaq:LUFK) announced that its Board declared a quarterly cash dividend of $0.15 per share on its common stock. The dividend will be paid on June 10, 1996, to shareholders of record on June 1, 1996.The Company ...

Marquee Entertainment Inc. signs letters of intent for two acquisitions; Barr Media Group and KPAL Channel 38 to become wholly owned subsidiaries.

May 16, 1996 ... BEVERLY HILLS, Calif.--(BUSINESS WIRE)--May 16, 1996--Marquee Entertainment Inc. (OTC/Bulletin Board:MQUE) Thursday announced it has signed letters of intent to acquire substantially all of the assets of Barr Media Group in Irwindale, Calif., a producer and distributor of educational and ...

Franklin Select Real Estate Income Fund Posts 1st Quarter 1996 Results.

May 16, 1996 ... SAN MATEO, Calif.--(BUSINESS WIRE)--May 16, 1996--Franklin Properties, Inc. announced today that Franklin Select Real Estate Income Fund (ASE: FSN), an infinite-life real estate investment trust it manages, experienced a slight increase in total revenues for the quarter ended March 31, 1996, ...

INFONET AND STRATEGIS EXTEND GLOBAL INTRANET SERVICES WITH NEW MARKETING AGREEMENT.

May 16, 1996 ... EL SEGUNDO, Calif.--(BUSINESS WIRE)--May 16, 1996--Infonet Services Corporation and Strategis Technologies Incorporated have signed a non-exclusive agreement which provides immediate, global availability of Strategis' ReSource EMS services and enables Strategis to provide global Intranet and ...

Sequent Computer Systems and Informix Software collaborate to offer fully-parallel database functionality on clusters of SMP machines.

May 16, 1996 ... BEAVERTON, Ore.--(BUSINESS WIRE)--May 16, 1996--In a collaborative effort to extend their offerings for the high-end decision support and data warehouse markets, Sequent Computer Systems and Informix Software today announced the development of INFORMIX(R)-OnLine Extended Parallel Server(R) ...

Key Tronic restructures European operations.

May 16, 1996 ... SPOKANE, Wash.--(BUSINESS WIRE)--May 16, 1996--Key Tronic Corp. (NASDAQ:KTCC), largest U.S. producer of computer keyboards and other input devices, today announced a restructuring of its operations in Dundalk, Ireland, transferring the manufacturing segment to lower- cost Key Tronic ...

Diamond Multimedia and Psygnosis Announce Exclusive Agreement to Bundle Hit PC Title Destruction Derby with 3D Multimedia Accelerators; Diamond and Psygnosis Push the Envelope of PC Gaming with Cutting-Edge 3D Hardware and Software.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Diamond Multimedia Systems, Inc. (Nasdaq: DIMD) today announced an agreement with Psygnosis, Inc., a subsidiary of Sony Corporation of America, for the right to bundle the hit PC title Destruction Derby with select models of its Diamond EDGE 3D and ...

Diamond Multimedia Announces Bundling Partnership with Interplay Productions for New Stealth 3D Line; Diamond Stealth 3D and Descent II Bundle Delivers Exciting 3D Gaming to the PC Market.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Diamond Multimedia Systems, Inc. (Nasdaq: DIMD) today announced a strategic alliance with Interplay Productions to bundle a 3D-accelerated OEM version of the hit CD-ROM sequel, Descent II with its Diamond Stealth 3D line of multimedia accelerators ....

OAK TECHNOLOGY INTRODUCES HIGHLY INTEGRATED MPEG VIDEO CD DECODER; Advanced MPEG-1 System, Audio and Video Decompression Coupled With Oak's System Development Kit Provides a Cost-effective, Full-featured Solution for OEMs.

May 16, 1996 ... SUNNYVALE, Calif.--(BUSINESS WIRE)--May 16, 1996--Oak Technology Inc. (NASDAQ:OAKT), a leading provider of high-performance multimedia semiconductors and related software, today announced the introduction of the OTI-207, a fully-integrated, MPEG-1 VideoCD decoder. This design-ready, ...

Diamond Multimedia Announces New In-Box Software and Accessories Catalog for 3D Multimedia Accelerators; Catalog Showcases Developer Support and Highlights New Games.

May 16, 1996 ... SAN JOSE, Calif.--(BUSINESS WIRE)--May 16, 1996--Leveraging increasing industry support for its 3D hardware accelerators, Diamond Multimedia Systems, Inc. (Nasdaq: DIMD) today announced that it will begin bundling a new software and accessories catalog with its retail Diamond EDGE 3D and ...

Ascend To Bundle Options of Its Popular Multiband Network Access Product Line; Consolidates Features, and Simplifies Ordering and Installation of All Multiband Plus and Multiband VSX Systems.

May 16, 1996 ... ALAMEDA, Calif.--(BUSINESS WIRE)--May 16, 1996--Ascend Communications, Inc. (NASDAQ: ASND) today announced a consolidation of the most popular features for its entire family of Multiband Plus and Multiband VSX products. Multiband systems combine inverse multiplexing with dynamic bandwidth ...

Farmers Insurance to attend White House conference spotlighting good corporate citizens; President and Vice President to lead panel discussions.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Los Angeles-based Farmers Insurance Group of Companies will join a small delegation of corporations selected by The White House to participate in a special conference Thursday in Washington, D.C., to highlight what American business can do to ...

Nichimen Graphics unveils N-World 3.0 at E3; company offers first total solution for developers of next generation 3-D games.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Nichimen Graphics Inc. (NGI) Thursday dramatically demonstrated its position as the only company offering a complete expert tool suite for next generation 3-D video games with its N-World 3.0 announcement.Completing the N-World total ...

DRS division receives $1.3 million U.S. Navy contract.

May 16, 1996 ... PARSIPPANY, N.J.--(BUSINESS WIRE)--May 16, 1996-- Diagnostic/Retrieval Systems Inc. (ASE:DRS) ("DRS") announced today that its DRS Military Systems division has received $1.3 million in additional orders from the U.S. Navy to provide Airborne Separation Video Systems (ASVS).The ...

HOORAY FOR DOLLYWOOD! Dolly Parton's park opens with world's largest ride simulation attraction by Iwerks.

May 16, 1996 ... PIGEON FORGE, Tenn.--(BUSINESS WIRE)--May 16, 1996--Everything seems bigger around Dolly Parton, and that includes her Dollywood entertainment park which opened the 1996 season in grand style on April 20.Dolly personally dedicated a new $8-million addition called Dollywood ...

QSM Announces SLIM for Windows Release 4.0; Controls Software Project Costs, Increases Reliability; Software Lifecycle Management Tool Improves Project Estimation By Simulating Impact of Changing Variables, in Realtime.

May 16, 1996 ... PITTSFIELD, Mass.--(BUSINESS WIRE)--May 16, 1996--A new simulation and modeling tool that estimates software development project cost, schedule, and reliability was introduced today by QSM Associates.In addition to gauging the cost and duration of development projects, SLIM for ...

RACOTEK SELECTED FOR SECOND PHASE ROLLOUT OF MOBILE DATA SYSTEMS FOR AMERICAN FREIGHTWAYS; More Than 1,300 Trucks To Be Installed With KeyWare Beginning This Month.

May 16, 1996 ... MINNEAPOLIS--(BUSINESS WIRE)--May 16, 1996 -- Racotek, Inc., (Nasdaq: RACO) a mobile data communication services company, today announced that American Freightways of Harrison, Ark. has selected Racotek KeyWare(TM) mobile networking software for the second phase of a wireless data system ...

Tecnomatix Technologies announces exercise of "Green Shoe".

May 16, 1996 ... HERZLIYA, Israel--(BUSINESS WIRE)--May 16, 1996--Tecnomatix Technologies Ltd. (NASDAQ-NM Symbol: TCNOF) announced today that the managing underwriters of its public offering of ordinary shares, Lehman Brothers, Smith Barney, Hambrecht and Quist and Robertson Stephens exercised an option to ...

Morgan Hydrocarbons and International Colin Energy announce satisfaction of due diligence conditions.

May 16, 1996 ... CALGARY, Alberta--(BUSINESS WIRE)--May 16, 1996--MORGAN HYDROCARBONS Inc. and INTERNATIONAL COLIN ENERGY CORPORATION ("Colin") announce today that the due diligence conditions in their arrangement agreement have been satisfied. Colin also announces that its Board of Directors has received a ...

Hasbro announces re-election of directors, ratification of selection of auditors, withdrawl of shareholder suits and declaration of quarterly cash dividend on common shares.

May 16, 1996 ... PAWTUCKET, R.I.--(BUSINESS WIRE)--May 16, 1996--Hasbro Inc. (HAS: ASE) announced that its shareholders, at their annual meeting held yesterday, re-elected existing directors Sylvia K. Hassenfeld, Norma T. Pace, E. John Rosenwald Jr. and Alfred J. Verrecchia to three-year terms.The ...

Incomnet Reports Quarterly Results.

May 16, 1996 ... WOODLAND HILLS, Calif.--(BUSINESS WIRE)--May 16, 1996--INCOMNET, INC. (ICNT) of Woodland Hills, CA, reported its results for the first quarter of 1996.Revenues for the quarter ending March 31, 1996 increased to $24,399,421 versus $18,884,761 last year, a 29% gain. Net earnings for ...

Impact Systems Reports Fourth Quarter Revenues Up 48%, Profits Up 50%.

May 16, 1996 ... SAN JOSE, Calif.--(BUSINESS WIRE)--May 16, 1996--Impact Systems, Inc. (OTC: MPAC) reported today that for its fourth quarter ended March 31, 1996 it had a net income of $615,000 on net revenues of $5.6 million.This compares to a net income of $410,000 on net revenues of $3.9 ...

HP Net Earnings Up 25 Percent In Second Quarter; Net Revenue Increases 33 Percent, Orders Rise 24 Percent.

May 16, 1996 ... PALO ALTO, Calif.--(BUSINESS WIRE)--May 16, 1996--Hewlett-Packard Company (NYSE: HWP) today reported a 25 percent increase in net earnings for the 1996 fiscal year's second quarter, which ended April 30. Net revenue grew 33 percent, and orders rose 24 percent over the year-ago quarter. ...

Applied Cellular Technology, Inc. reports first quarter earnings per share of $0.03 vs. $0.02.

May 16, 1996 ... NIXA, Mo.--(BUSINESS WIRE)--May 16, 1995--Applied Cellular Technology, Inc. (NASDAQ:ACTC) reported net income of $59,657 or $0.03 per share on revenues of $1,233,234 for the first quarter of 1996, versus net income of $29,409 or $0.02 per share on revenues of $222,836 in the comparable ...

Ames' first-quarter performance improves.

May 16, 1996 ... ROCKY HILL, Conn.--(BUSINESS WIRE)--May 16, 1996--Ames Department Stores Inc.(NASDAQ:AMES) today reported a narrowing of its first-quarter net loss to $7.0 million, or 34 cents per share, for the quarter ended April 27, 1996, compared with a net loss of $11.1 million, or 55 cents per share, ...

EPL TECHNOLOGIES REPORTS RECORD 1996 FIRST QUARTER SALES.

May 16, 1996 ... WEST CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--May 16, 1996--EPL Technologies, Inc. (OTC:EPTG) ("EPL") today reported record sales for the first quarter ended March 31, 1996. The comparative figures are as follows: -0- <Pre> Three ...

KELLEY OIL & GAS CORPORATION REPORTS FIRST QUARTER 1996 RESULTS.

May 16, 1996 ... HOUSTON--(BUSINESS WIRE)--May 16, 1996--KELLEY OIL & GAS CORPORATION (Nasdaq NM:KOGC) today reported a first quarter loss of $5.5 million ($0.08 per common share) on revenues of $25.6 million compared to a loss of $7.8 million ($0.28 per common share) on revenues of $16.1 million in the ...

Graphix Zone and StarPress report quarterly revenue growth of 78% and 83%, respectively.

May 16, 1996 ... IRVINE, Calif.--(BUSINESS WIRE)--May 16, 1996--Graphix Zone Inc. (NASDAQ:GZON) and StarPress Inc. (NASDAQ EBB:GTBR), Thursday each reported strong growth in third-quarter revenues over the previous quarter.The two companies expect to conclude their merger agreement in June 1996. ...

INAMED Corp. reports first-quarter results.

May 16, 1996 ... LAS VEGAS--(BUSINESS WIRE)--May 16, 1996--INAMED Corp. (NASDAQ:IMDCC) (PSE:INA), with headquarters in Las Vegas, Thursday reported a net loss of $1,266,953, or 17 cents per share, on net sales of $20,402,033 for the first quarter ended March 31, 1996, as compared with net income of ...

Greenlight Communications Inc. Announces Third Quarter Results.

May 16, 1996 ... TORONTO--(BUSINESS WIRE)--May 16, 1996--Greenlight Communication (CANADIAN DEALING NETWORK: GCIX OTC BULLETIN BOARD: GLGT BERLIN EXCHANGE: GLC) Greenlight Communications Inc. (Greenlight) announced today its consolidated results for the third quarter and nine month period ending March 31, ...

Consolidated Stainless reports record sales for first quarter.

May 16, 1996 ... LONGWOOD, Fla.--(BUSINESS WIRE)--May 16, 1996--Consolidated Stainless Inc. (NASDAQ:NMS:PIPE) today announced record sales for its first quarter.For the three months ended March 31, 1996, the company's net sales increased 22.6% to $14.4 million, up from $11.8 million for the ...

Consolidated Stainless reports record sales for first quarter.

May 16, 1996 ... LONGWOOD, Fla.--(BUSINESS WIRE)--May 16, 1996--Consolidated Stainless Inc. (NASDAQ:NMS:PIPE) today announced record sales for its first quarter.For the three months ended March 31, 1996, the company's net sales increased 22.6% to $14.4 million, up from $11.8 million for the ...

Focus Enhancements, Inc. announces operating results for the quarter ended March 31, 1996.

May 16, 1996 ... WOBURN, Mass.--(BUSINESS WIRE)--May 16, 1996--(BUSINESS WIRE)--FOCUS Enhancements, Inc. (NASDAQ: FCSE, FCSEW) (BSE: FCS, FCSW), today announced operating results for the quarter ended March 31, 1996. For the first quarter ended March 31, 1996, the Company reported revenues of $3.8 million ...

Pacific Interactive announces "Bill Nye the Science Guy" CD-ROM for young scientists; Seattle publisher's first title distributed through Disney Interactive.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Pacific Interactive today announced that America's favorite scientist will make his multimedia debut in Bill Nye the Science Guy: Stop the Rock!, a science adventure CD-ROM for kids nine and up.Published by Pacific and distributed through ...

Headbone announces pre-math CD-ROM for 4-8 year olds; "Infinity City" represents third title in the GiggleBone Gang series.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Headbone Interactive today shipped its third GiggleBone Gang CD-ROM, Infinity City.This new math title takes kids, ages four to eight, to a city where players experience math in an everyday context by causing hundreds of math related ...

Broderbund welcomes Headbone Interactive to its expanding affiliated labels program.

May 16, 1996 ... LOS ANGELES--(BUSINESS WIRE)--May 16, 1996--Broderbund Software Inc. (NASDAQ:BROD) today announced it has signed a sales and distribution agreement with Seattle-based, Headbone Interactive.The agreement, announced at The Electronic Entertainment Expo (E3), will give Broderbund ...

Cumberland Resources $8,750,000 Offering Closed.

May 16, 1996 ... VANCOUVER, British Columbia--(BUSINESS WIRE)--May 16, 1996--CUMBERLAND RESOURCES (TSE:CBD) CUMBERLAND RESOURCES LTD. (the "Company") announces that on May 15, 1996 it closed a private placement totalling of 1,000,000 special warrants (Comprised of Series "A" and Series "B" Special Warrants) ...

Queenstake Resources Ltd. - Drilling Update.

May 16, 1996 ... VANCOUVER, British Columbia--(BUSINESS WIRE)--May 16, 1996--QUEENSTAKE RESOURCES (TSE:QTR) James D. Mancuso, President and C.E.O. of Queenstake confirmed to those attending the Company's annual general meeting yesterday, plans to drill 5 prospects over the next few months including the Mata ...

Crompton & Knowles concludes strategic review of its specialty ingredients operation.

May 16, 1996 ... STAMFORD, Conn.--(BUSINESS WIRE)--May 16, 1996--Crompton & Knowles Corp., a producer and marketer of specialty chemicals and equipment, announced today that in light of the previously announced merger with Uniroyal Chemical Corp., on a pooling-of-interests accounting basis, it had concluded ...

PROFFITT'S, INC. ANNOUNCES PLANNED CONVERSION OF SERIES A PREFERRED STOCK INTO COMMON STOCK.

May 16, 1996 ... KNOXVILLE, Tenn.--(BUSINESS WIRE)--May 16, 1996--Department store retailer Proffitt's, Inc. (NASDAQ: PRFT) today announced the planned conversion of its Series A Cumulative Convertible Exchangeable Preferred Stock ("Series A Preferred Stock") held by Apollo Specialty Retail Partners, L.P ....

Innovo Group obtains Warner Bros. European license; will include products tied to upcoming Michael Jordan movie.

May 16, 1996 ... SPRINGFIELD, Tenn.--(BUSINESS WIRE)--May 16, 1996--Innovo Group, Inc. (NASDAQ Symbol:INNO), the manufacturer and marketer of a broad line of fashion, utility and sports bags, today announced that its NPI International Inc. subsidiary had reached agreement with Warner Bros. Consumer Products, ...

Cubic Corp. sells toll business subsidiary.

May 16, 1996 ... SAN DIEGO--(BUSINESS WIRE)--May 16, 1996--Cubic Corp. and Syntonic Technology Inc., a wholly owned subsidiary of Science Applications International Corp. (SAIC), announced Thursday that Syntonic has acquired Cubic Toll Systems Inc., a wholly owned subsidiary of Cubic Corp. and a member of ...

Eli Lilly and Company Receives FDA Permission To Market the First New Chemotherapy Agent in Decades for Pancreatic Cancer; Gemzar(R) (Gemcitabine HCl) will be commercially available in the United States.

May 16, 1996 ... INDIANAPOLIS--(BUSINESS WIRE)--May 16, 1996--The United States Food and Drug Administration has granted Eli Lilly and Company permission to market Gemzar(R) for the treatment of locally advanced or metastatic pancreatic cancer, a usually fatal disease that will strike about 26,000 Americans ...

TV Innovations presents Who's Who on the World Wide Web on the national television series .com.

May 16, 1996 ... FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--May 16, 1996--Patty Elliott, executive producer of TV Innovations announced Thursday that .com, the world's first TV series dedicated exclusively to the Internet will feature some of the best Web Sites on the World Wide Web.The show airs ...

New Horizon Kids Quest Inc. Announces Contract With Soaring Eagle Casino.

May 16, 1996 ... MINNEAPOLIS--(BUSINESS WIRE)--May 16, 1996--New Horizon Kids Quest Inc. (Nasdaq SmallCap: KIDQ) announced a new casino location with the signing of a contract with the Soaring Eagle Casino and Hotel in Mt. Pleasant, Michigan. The agreement provides for a 10,000 square foot Kids Quest ...

ETP reports first quarter results.

May 16, 1996 ... SAN DIEGO--(BUSINESS WIRE)--May 16, 1996--ETP, Inc. (NASD: ETPI), a fully-integrated entertainment and amusement gaming company, today announced financial results for the first quarter ended March 31, 1996.Revenues for the first quarter of 1996 rose slightly to $1,802,606, compared ...