Esterline Corporation Launches Private Placement of Senior Notes

SOURCE: Esterline Technologies BELLEVUE, WA–(Marketwire – July 19, 2010) –  Esterline Corporation ( NYSE : ESL ) ( www.esterline.com ), a leading specialty manufacturer serving aerospace/defense markets, today announced that it is commencing an offering (the “Offering”) of $200 million aggregate principal amount of senior notes due 2020. Esterline intends to use the net proceeds from the Offering to repurchase any and all of its $175 million outstanding 7 3/4% Senior Subordinated Notes due 2013 (the “2013 Notes”), pursuant to a cash tender offer and consent solicitation for the 2013 Notes also announced today, and to use the balance for general corporate purposes. Brad Lawrence, Esterline’s President and Chief Executive Officer, stated that “…this transaction represents a timely and attractive opportunity for Esterline to extend the maturity of its long-term debt, lower overall interest costs, and improve our strategic flexibility, thereby enhancing long-term value for our shareholders.” The Offering is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes being offered by Esterline have not been registered under the Securities Act or any state securities laws. Therefore, the notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the Securities Act and any applicable state securities laws

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CanaDream Corporation Reports Year End Earnings of $326,000 or 1.7 Cents Per Share

CALGARY, ALBERTA–(Marketwire – July 19, 2010) – CanaDream Corporation (TSX VENTURE : CDN) today announced financial results for the year ended April 30, 2010, as follows: Revenues for the year of $22.3 million is 5% lower than last year, cash flow from operations of $5.0 million (25 cents per share) is 36% lower than last year, net income and comprehensive income of $326,000 is 60% lower than last year. The Company encourages interested parties to access CanaDream Corporation’s Management Discussion and Analysis (MD&A) on the SEDAR website, www.sedar.com , for a more detailed discussion of these results. Summarized results for the year ended April 30, 2010 are as follows:       April 30, 2010   April 30, 2009 %Change                   Revenue $ 22,318,000 $ 23,525,000 (5 % )                 Revenue less direct expenses $ 9,329,000 $ 10,586,000 (12 % )                 Income before income tax $ 513,000 $ 1,080,000 (53 % )                 Net and comprehensive income $ 326,000 $ 812,000 (60 % )                 Cash flow from operations $ 5,029,000 $ 7,869,000 (36 % )                 Basic earnings per share   1.75 cents   4.92 cents (64 % )                 Fully diluted earnings               per share   1.70 cents   4.69 cents (64 %)                 Common Shares outstanding   19,752,657   16,472,042 20 %                 Weighted average number of               common shares outstanding   18,640,112   16,505,239 13 % Income before income taxes of $513,000 decreased $567,000 or 53% from the prior year.

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WheelTug Announces Partnership With World-Class Landing Gear Team

SOURCE: WheelTug Limited FARNBOROUGH, UK–(Marketwire – July 19, 2010) –  WheelTug Limited, developer of the WheelTug aircraft electric drive system, has retained Endeavor Analysis, LLC, a leading consulting firm on aircraft landing gears, to provide structural and strength analysis work for the landing gear connected to the WheelTug system. The agreement was announced today at the biennial Farnborough Air Show, now underway here.

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Live Table Games Add to Excitement, Popularity of Sands Bethlehem Casino Resort

SOURCE: Las Vegas Sands Property Now New York City’s Closest Full-Service Casino BETHLEHEM, PA–(Marketwire – July 19, 2010) –   With the simple flip of a card, Sands Bethlehem Casino Resort has become the most convenient gaming and entertainment destination for millions of Lehigh Valley, New York City, and northern New Jerseys residents. The property, which is owned by global resort developer Las Vegas Sands Corp. ( NYSE : LVS ), yesterday opened 89 table games and saw thousands of customers pass through the doors eager to test their luck on opening day

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Hertz Announces Pricing of Approximately $750 Million Term Asset-Backed Notes

SOURCE: The Hertz Corporation PARK RIDGE, NJ–(Marketwire – July 19, 2010) –  Hertz Global Holdings, Inc. (the “Company”) ( NYSE : HTZ ) announced today that its subsidiary Hertz Vehicle Financing LLC (“HVF”), a special purpose limited liability company of which The Hertz Corporation (“Hertz”), a wholly-owned subsidiary of the Company, is the sole member, priced approximately $750 million in aggregate principal amount of 3 year, 5 year and 7 year Series 2010-1 Rental Car Asset Backed Notes, Class A (the “Class A Notes”) and Class B (the “Class B Notes,” and together with the Class A Notes, the “Notes”), rated “Aaa” and “Baa2” by Moody’s, respectively. The Class B Notes are subordinated to the Class A Notes.  The $225 million of 3 year Class A Notes carry a 2.60% coupon (2.62% yield), the $34.56 million of 3 year Class B Notes carry a 5.02% coupon (5.07% yield), the $325 million of 5 year Class A Notes carry a 3.74% coupon (3.78% yield), the $49.92 million of 5 year Class B Notes carry a 5.70% coupon (5.78% yield), the $100 million of 7 year Class A Notes carry a 4.73% coupon (4.78% yield), and the $15.36 million of 7 year Class B Notes carry a 6.44% coupon (6.53% yield). The 3 year notes, 5 year notes and 7 year notes have expected final maturities in 2014, 2016 and 2018, respectively. The Notes are to be sold only to qualified institutional buyers in an offering exempt from registration pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), and to investors outside the United States pursuant to Regulation S under the Securities Act. The net proceeds of the offering will be used, to the extent permitted, to purchase vehicles under the ABS program of HVF, to pay other ABS indebtedness or distributed to The Hertz Corporation and used for general purposes. The offering is expected to close on July 22, 2010 subject to customary closing conditions.

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Hundreds of Entertainment and Ticket Industry Experts Gather at Ticket Summit

SOURCE: Ticket Summit International Ticket Conference Brings Together Producers, Box Office Managers, Marketers, Ticket Agents and More VERNON, CT–(Marketwire – July 19, 2010) –   Ticket Summit , the leading conference and trade show for live entertainment professionals, recently hosted its summer conference drawing more than 600 industry professionals for the three-day event.

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Hot Tips for Smooth Summer Driving

SOURCE: ExxonMobil Seasonal Car Care Maintenance Can Prevent Unexpected Breakdowns MISSION, KS–(Marketwire – July 19, 2010) –  (Family Features) Whether you’re loading up the car for a road trip or taking a leisurely cruise around town with the windows down, hitting the pavement is a given for this time of year. However, taking advantage of the warm, sunny weather can be a disadvantage to your vehicle if you aren’t diligent about preparing it for the summer driving season. “Summer is tough on cars, especially during high temperatures,” says Jessi Combs, a car care expert and fabricator who’s appeared on shows such as “Mythbusters,” “Overhaulin'” and “Xtreme 4×4.” “Drivers need to give their vehicles a little summer loving to make sure exploring the open road doesn’t leave you stranded on the side of the road.” A simple automotive checkup of a few main areas can help prepare a vehicle for the heat and increase its reliability on long road trips.

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Pure Vegas Casino Launches New RTG Slot

SOURCE: PureCommission.com SAN DIEGO, CA–(Marketwire – July 19, 2010) – Pure Vegas Casino and  Pure Commission Are Proud to Announce the Up and Coming Launch of Our Newest Game, Fruit Bowl XXV!!! The game’s theme, “It’s Game Time,” is backed up by full stands, roaring crowds and even hotdogs for sale! Each day we’re getting closer to the start of football season and what better way to kick it off then with the Fruit Bowl! Fruit Bowl XXV at Pure Vegas Casino ! It’s game time! The stands are full, the crowds are cheering and the hotdogs are selling fast.

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Republic Airways Goes Live with GuestLogix Onboard Store Solution on Frontier Airlines Flights

TORONTO, ONTARIO–(Marketwire – July 19, 2010) – GuestLogix, Inc. (TSX:GXI), the leading provider of onboard store technology to the airline industry, today announced that Frontier Airlines, a subsidiary of Republic Airways (NASDAQ:RJET), has fully deployed the GuestLogix onboard store solution to accept credit cards using its point-of-sale handheld devices and transactions platform on all Frontier Airlines flights, including those operated by Chautauqua Airlines and Republic Airlines. GuestLogix is also providing backend inventory controls to manage the movement of physical products onboard

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