Business News Archive - April 30, 2009

BEIJING, April 30 /PRNewswire-Asia-FirstCall/ -- AirMedia Group Inc. (Nasdaq: AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, and China Petroleum & Chemical Corporation ("Sinopec Corp.") (HKEX: 386; NYSE: SNP; LSE: SNP; CH: 600028) today announced they have entered into an exclusive concession rights contract under which AirMedia will develop and operate outdoor advertising platforms at all of Sinopec's service stations located throughout China for over five and half years, except for service stations in limited cities which still have original contracts with other operators in effect.

WELLINGTON, New Zealand, April 30 /PRNewswire-FirstCall/ -- Austral Pacific Energy Ltd. (TSX-V: APX; NZSX: APX) Austral Pacific Energy Ltd.

DUSSELDORF, Germany, April 30 /PRNewswire-FirstCall/ -- Mr. Andreas Schutte (47) has been appointed to the Management Board of Gerresheimer AG with effect from May 1, 2009. Within the Gerresheimer Management Board Mr. Schutte assumes responsibility for the Plastic Systems Division.

Conference Call Scheduled for Today, 10:00 a.m.

- For Fares As Low As $39*, You Can Afford to Leave the Nest - ORLANDO, Fla., April 30 /PRNewswire-FirstCall/ -- AirTran Airways, a subsidiary of AirTran Holdings, Inc.

BROADVIEW, Ill., April 30 /PRNewswire/ -- With an unpredictable economy discouraging new car purchases, it's more important than ever to find a quality automotive repair shop to maintain your vehicle.

BROADVIEW, Ill., April 30 /PRNewswire/ -- If you are among the 60 million Americans who suffer from asthma or seasonal allergies (according to the Asthma And Allergy Foundation of America) and are dreading an upcoming long drive, you have better chances of enjoying a comfortable ride than you may know.

FORT WORTH, Texas, April 30 /PRNewswire/ -- Daimler Financial Services provided the launching pad to help the Texas Auto Writers Association (TAWA) kick off its annual Spring Challenge driving event April this week.

PITTSBURGH, April 30 /PRNewswire-FirstCall/ -- Portec Rail Products, Inc. (Nasdaq: PRPX) today announced unaudited net income of $1,136,000 or $0.12 per share on average basic and diluted shares outstanding of 9,602,029 for the three months ended March 31, 2009.

Highlights: - EBITDA of $21.9 million, substantial improvement over last two quarters - Production adjusted to match market conditions - Redeployment of equipment to minimize capital expenditures ST.

Word of the Day
  • Emitting flashes of light; glittering.
The word 'coruscant' comes from a Latin word meaning 'to flash' or 'to sparkle'.