Seminole Red
17 years ago
Posted by: mick
In reply to: mick who wrote msg# 157212 Date: 7/22/2007 8:52:37 AM
Post # of 157261
Kitty Hawk announces exploration of strategic alternatives (KHK) 0.36 : Co announces that it is exploring its strategic alternatives to enhance long term prospects. Alternatives may include, but are not limited to, raising capital, altering operations, selling assets of the co, selling divisions of the cp or selling the entire co. The co has engaged Raymond James to assist it in evaluating its strategic alternatives. Going forward, the Board of Directors will work with the management team and its advisors to explore and evaluate the co's strategic alternatives and determine the course of action it believes is in the best interests of its stockholders. The co cautions that the exploration of any strategic alternative may not result in any transaction. The co does not intend to disclose any developments in its exploration of its strategic alternatives and undertakes no obligation to do so until the Board of Directors has made a final decision regarding a specific alternative and such decision results in a transaction.
energymanNJ
17 years ago
ABX AIR TO HOST FIRST QUARTER CONFERENCE CALL
Shareholders meeting to be held May 9
WILMINGTON, OH - May 1, 2007 - ABX Air (NASDAQ:ABXA) today announced that it will host an investor conference call to review its financial results for the first quarter on Thursday, May 10, 2007, at 10:00 a.m. Eastern time. The Companywill release its first quarter earnings prior to the open of the market on May 9, 2007.
On the day of the conference call, participants should dial 800-237-9752 and international participants should dial 617-847-8706 ten minutes before the scheduled start of the call and ask for conference pass code 60119922. The call will also be webcast live (listen-only mode) via the link below:
energymanNJ
17 years ago
and these guys also > http://www.cnbc.com/id/15837280?q=abxa
ABX Air, Inc.. The Group's principal activity is to provide air cargo transportation services within the United States and to Canada and Puerto Rico. The Group also performs package sorting and handling services and other air cargo transportation related services. As of 31-Dec-2006 it operates an in-service fleet of 99 aircraft. It also sells aircraft parts, provides maintenance and repair services for airframes and aircraft components and conducts flight-training services for customers. It provides ACMI services and on-demand charter services, airport-to-airport transportation of freight on a space available basis. It is also a reseller and broker for McDonnell Douglas DC-8, DC-9 and Boeing 767 aircraft parts to other customers. As of 31-Dec-2006, the Group operated and maintained an in-service fleet of one hundred and twelve aircraft in Ohio and 19 hubs throughout the United States.
energymanNJ
17 years ago
This is their next competitor >
http://www.cnbc.com/id/15837280?q=ans
ANS : AMEX
Industry: Delivery Services
COMPANY PROFILE
Company Details
AirNet Systems, Inc.. The Group's principal activity is to provide air carrier for time-sensitive deliveries operating between 120 US cities. The Group has three product lines: Bank services consist of cancelled check delivery and includes delivery reports, interoffice mail and related information for the U.S. banking industry. Express services offers ... More
AirNet Systems, Inc.. The Group's principal activity is to provide air carrier for time-sensitive deliveries operating between 120 US cities. The Group has three product lines: Bank services consist of cancelled check delivery and includes delivery reports, interoffice mail and related information for the U.S. banking industry. Express services offers products that include medical services offered to customers requiring specialized handling, the transportation of which is often highly regulated by varying governmental authorities. Air courier services provide transportation solutions to forwarders, integrators and courier companies. Retail services are provided to end consumers whose shipment needs are highly time sensitive. Mercury business services provides nationwide overnight delivery. Aviation services product line offers passenger charter services such as on-demand cargo charters. As on 30-Jun-2005, the Group operates totally 129 aircraft, 113 for its cargo and 16 for passenger. Shares Outstanding 10.2M
Institutional Ownership 63.11%
Market Cap 35.9M
Last Stock Split None None
Joel E. Biggerstaff Corporate Officer Address: 7250 Star Check Drive,Columbus,
OHIO
43217 www.airnet.com
energymanNJ
17 years ago
lol lol lol /I was thinking along the lines of a 4 bagger in 5 months....IMO /They are in the midst of a re-structure. I would bet they break this company up, would be my fist guess.
drop the two sub....he has a record of doing that !!!
http://www.sys-con.com/read/266129.htm
Bryant Riley and Mel Keating to Join Integrated Silicon Solution Board
By: PR Newswire
Aug. 30, 2006 11:00 AM
Digg This!
LOS ANGELES, Aug. 30 /PRNewswire/ -- Riley Investment Management LLC announced that an agreement was reached with Integrated Silicon Solution, Inc. for Bryant R. Riley and Melvin L. Keating to join ISSI's board of directors. In addition, it is expected that three of the existing non-management directors will not seek re-election and a third Riley Investment Management nominee will be recommended to the ISSI Nominating Committee for election at ISSI's next annual meeting, anticipated for February, 2007.
Bryant Riley stated: "Mel and I look forward to working with ISSI to resolve current issues, improve operations and results, and return value to stockholders. We see this as a team effort to give the management team clear direction and focus on stockholder values."
In connection with this agreement, Riley Investment Management indicated it was withdrawing its previous call for a special stockholder
energymanNJ
17 years ago
This guy Keating seams to step in when companies start to falter and smacks the around a bit and the stock does seem to react to his arrival and doings..IMO / Or they make the stock go down and then step in because they like the company $$$
Here is a chart of this company he took over right when the stock plummeted...just like kitty hawk.....IMO
QVDX -- Quovadx, Inc
http://www.pinksheets.com/quote/chart.jsp?symbol=QVDX&duration=2-6-9-0-0-548
ENGLEWOOD, Colo.--(BUSINESS WIRE)--April 12, 2004--Quovadx, Inc. (Nasdaq:QVDX), a global platform software and vertical solutions company, today announced the appointments of Harvey A. Wagner as acting president and chief executive officer, effective May 1, 2004, and Mel Keating, who is affiliated with Tatum Partners, an organization that provides financial and IT leadership, as acting chief financial officer effective tomorrow, April 13, 2004. Quovadx will immediately begin a search to fill the chief executive officer and chief financial officer positions, respectively held by Lorine Sweeney and Gary Scherping, who have both resigned from the company. Afshin Cangarlu, president of the Company's Enterprise Application Software division will serve as president of Quovadx on an interim basis until Mr. Wagner officially joins the company on May 1st.
Mr. Wagner, 63, who will immediately join the company's board of directors in the position vacated by Ms. Sweeney, is skilled at improving profitability, managing growth and implementing strategic business planning. Mr. Wagner has over 35 years of broad financial and general management experience in Fortune 500 companies and emerging, multi-national high-technology companies. He has served as chief financial officer for four NYSE and two NASDAQ-listed companies in the software, computer hardware, semiconductor and telecommunications industries. Since January 2003, Mr. Wagner has been serving as the executive vice president and chief financial officer of Mirant Corporation and he presently sits on the boards of Cree, Inc. and Proficient Systems, Inc.
energymanNJ
17 years ago
Bryant Riley and Mel Keating to Join Integrated Silicon Solution Board
By: PR Newswire
Aug. 30, 2006 11:00 AM
Digg This!
These guys are the shit $$$ looky looky >
http://www.sys-con.com/read/266129.htm
LOS ANGELES, Aug. 30 /PRNewswire/ -- Riley Investment Management LLC announced that an agreement was reached with Integrated Silicon Solution, Inc. for Bryant R. Riley and Melvin L. Keating to join ISSI's board of directors. In addition, it is expected that three of the existing non-management directors will not seek re-election and a third Riley Investment Management nominee will be recommended to the ISSI Nominating Committee for election at ISSI's next annual meeting, anticipated for February, 2007.
Bryant Riley stated: "Mel and I look forward to working with ISSI to resolve current issues, improve operations and results, and return value to stockholders. We see this as a team effort to give the management team clear direction and focus on stockholder values."
In connection with this agreement, Riley Investment Management indicated it was withdrawing its previous call for a special stockholder meeting.
Riley Investment Management LLC
CONTACT: Bryant Riley, Managing Member of Riley Investment Management
LLC, +1-310-966-1445, br@rileyim.com
energymanNJ
17 years ago
Mr. Keating, 57, is a certified public accountant with more than 30 years of international experience in senior financial and operating positions including, senior vice president of financial administration at Olympia + York Companies, as president and chief executive officer of both Sunbelt Management Company and Picasso Properties, and as a consultant to Warburg Pincus Equity Partners. Currently, he serves on the board of Plymouth Rubber Company and is chairman of its audit committee. Mr. Keating holds MBA and MS degrees from the Wharton School of Business at the University of Pennsylvania.
El Camino
17 years ago
Mel Keating Elected Chairman of the Board!
NOTE: On April 25, 2007 Major Stockholder Bryant Riley Joins Board of Directors!
Do you think they will continue with Robert W. Zoller's, recommendations after the shake up of the board while looking for a new replacement CEO?
Kitty Hawk loses CEO, chairman to shake-up
09:42 a.m. 04/26/2007 Provided by
Apr 26, 2007 (Fort Worth Star-Telegram - McClatchy-Tribune Information Services via COMTEX) -- Two top executives at Kitty Hawk Inc. have stepped down amid a leadership shake-up at the overnight air-cargo company, which is based at Dallas/Fort Worth Airport.
Robert Zoller, 60, will retire as president and chief executive Monday. Chairman Gerald Gitner has also resigned, as have three other board members.
Officials said board members Mel Keating and Joe Ruffolo will take over the company's leadership until a new chief executive is appointed. The rest of the management team will remain at Kitty Hawk.
Zoller is a longtime aviation executive who helped resurrect ValuJet after a crash nearly forced the company, now known as AirTran, to liquidate. He is also a former American Airlines executive who helped create the American Eagle regional subsidiary.
He joined Kitty Hawk in 2002, and Keating praised him for his "visionary leadership."
The airline operates its cargo hub in Fort Wayne, Ind., and also has a U.S. customs clearance and sorting facility there.
Kitty Hawk, which emerged from bankruptcy in 2002, lost $14.4 million last year but had a strong fourth quarter with an $8.6 million profit. It has not reported results for the first quarter of 2007.
It will be very important to know how they intend to fill the voids! JMHO Hope we hear soon!!
energymanNJ
17 years ago
Start of a PR Blitz to come IMO>>>
“Culminating many of the product and service changes introduced for the benefit of our Customers over the last few years, the Kitty Hawk Team is perhaps most pleased to start rolling-out the Company’s new website as the first in a rapid series of Information Technology improvements in 2007,” said Robert W. Zoller, president and chief executive officer of Kitty Hawk, Inc. “The new web site will provide our Customers with easier, expanded access to information about their shipments, their account or our Company. In addition, as the Kitty Hawk air and ground businesses grow in size and complexity we have designed the entire Information Technology platform to be scalable and able to accommodate such growth.
The last PR from them :
http://app.quotemedia.com/quotetools/popups/story.jsp
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