Latest Event horizon Stories

2011-10-10 04:20:01

Hong Kong, Oct 10, 2011 - (ACN Newswire) - One Horizon Group Plc ("One Horizon Group" or "Company"), leader in optimising communications over the internet, has announced that its wholly-owned subsidiary, Horizon Globex, has entered into a joint venture with Voicecom Technologies Pvt Ltd. ("Voicecom") to market and distribute its Horizon solution in the Indian market.Horizon is the world's most bandwidth efficient VoIP platform. Based on the company's SmartPacket(TM) technology, it enables...

2011-09-15 04:20:01

Leading Asian Communications Group Selects World's Most Bandwidth-Efficient VoIP Platform With Optimised Data Apps to Provide Low-cost Communications Over The Internet Salisbury, Sept 15, 2011 - (ACN Newswire) - One Horizon Group Plc ("One Horizon Group") has announced that its wholly-owned subsidiary, Horizon Globex, has signed an agreement to provide its Horizon platform to Asia's leading communications group, Singapore Telecommunications Limited ("SingTel").Horizon provides optimised...

2011-07-22 16:45:00

CHARLOTTE, N.C., July 22, 2011 /PRNewswire/ -- Horizon Lines, Inc. (NYSE: HRZ), announced today that it plans to release second-quarter 2011 financial results before the stock market opens on Friday, July 29, 2011. The press release will include financial results for the second quarter ended June 26, 2011, and a business outlook for the remainder of the year. About Horizon Lines Horizon Lines, Inc. is the nation's leading domestic ocean shipping and integrated logistics company. The...

2011-05-02 07:38:00

CHARLOTTE, N.C., May 2, 2011 /PRNewswire/ -- Horizon Lines, Inc. (NYSE: HRZ) today announced that it has finalized an agreement with CSX Corporation to reduce charter payments on three vessels leased from CSX. Under the agreement, charter hire expense has been reduced by $3 million annually, retroactive to January 2011, through the January 2015 expiration of the charter. The agreement represents a total savings of $12 million for Horizon Lines over the remaining life of the charter. The...

2011-04-28 15:00:00

CHARLOTTE, N.C., April 28, 2011 /PRNewswire/ -- Horizon Lines, Inc. (NYSE: HRZ) today announced that a federal court has granted a request by the U.S. Department of Justice to reduce the company's fine related to federal antitrust violations in the Puerto Rico tradelane from $45 million to $15 million. As a result of the reduced fine, Horizon Lines is no longer facing the prospect of a May 21, 2011, default under its convertible note indenture. The company could have been declared in...

2011-04-19 07:30:00

HOUSTON, April 19, 2011 /PRNewswire/ -- Omega Protein Corporation (NYSE: OME), a nutritional ingredient company that is also the nation's leading producer of Omega-3 fish oil and specialty fish meal products, today announced the final settlement of all of its claims for costs and damages incurred as a result of the oil spill caused by the Deepwater Horizon explosion on April 20, 2010. As a result of the final settlement, on April 18, 2011 the Company received an additional payment of $26.2...

2011-03-01 15:10:00

CHARLOTTE, N.C., March 1, 2011 /PRNewswire/ -- Horizon Lines, Inc. (NYSE: HRZ) announced today that it has commenced a consent solicitation with respect to its outstanding $330.0 million aggregate principal amount of 4.25% Convertible Senior Notes due 2012 (the "Notes"). The Notes were issued pursuant to an Indenture, dated as of August 8, 2007 (the "Indenture"), by and among Horizon Lines and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"). The consent...

Latest Event horizon Reference Libraries

2004-10-19 04:45:41

Event Horizon -- The event horizon is a boundary beyond which information will never reach an observer. An event horizon is a mathematical construct and not a physical object and a person passing through an event horizon will not notice any odd behavior. From an outside observer however, an object passing though an event horizon will appear redder and dimmer and will appear to freeze at the moment the object passes the event horizon. An event horizon can form around a gravitational...

2004-10-19 04:45:41

Black Hole -- Black holes are objects so dense that not even light can escape their gravity. They are believed to form from the gravitational collapse of astronomical objects containing two or more solar masses. Astronomical observations suggest that the center of most galaxies, including our own Milky Way, contain supermassive black holes containing millions to billions of solar masses. Black holes are predictions of Einstein's theory of general relativity. In particular, they occur...

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Word of the Day
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.