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Business Wire articles from Thursday, June 27

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<a href="http://www.highbeam.com/Business+Wire/publications.aspx?date=19960627" title="Articles and back issues from Business Wire">Business Wire articles</a>

Business Wire back issues from Thursday, June 27:

Excel Realty Trust Prices Common Stock Offering.

Jun 27, 1996 ... SAN DIEGO--(BUSINESS WIRE)--June 27, 1996--Excel Realty Trust, Inc. announced today the pricing of a public offering of 1,500,000 shares of the Company's common stock at a price of $20.625 per share. The sole underwriter of the offering was Smith Barney Inc. The trade date was June 26, 1996 ...

Dialogic Announces CTI Developers' Starter Kit; Turnkey Kit Includes CT-Connect, Windows NT, Server Hardware, Telephone Switch, CTI Link and Demo Applications.

Jun 27, 1996 ... PARSIPPANY, N.J.--(BUSINESS WIRE)--June 27, 1996--Dialogic Corporation (NASDAQ:DLGC), the world's leading manufacturer of high performance, standards-based computer telephony (CT) hardware and software, today announced the availability of a turnkey CTI application developers' kit based on ...

Metromail accused of concealing information from investors related to IPO; SEC asked to investigate.

Jun 27, 1996 ... WASHINGTON, D.C.--(BUSINESS WIRE)--June 27, 1996--R.R. Donnelley shareholder and Metromail competitor John Aristotle Phillips has asked the Securities and Exchange Commission to investigate whether underwriters and company officials concealed problems at the Metromail subsidiary of R.R ....

Merrill Lynch, Oppenheimer, and PaineWebber to Become Market Makers for SystemSoft Common Stock.

Jun 27, 1996 ... NATICK, Mass.--(BUSINESS WIRE)--June 27, 1996--SystemSoft Corp. (NASDAQ:SYSF) today announced the addition of three leading Wall Street firms as market makers for its common stock. Merrill Lynch, Oppenheimer & Co., and PaineWebber have all been registered to make trades in SystemSoft stock ...

FEATURE/Seven Insights of Highly Effective Internet Users.

Jun 27, 1996 ... --(BUSINESS WIRE FEATURES)--You've taken the plunge and signed up for an Internet account. But does this sound familiar?Your modem dials but you keep waiting to connect to the Internet. You could learn to speak Esperanto like a native in the time it takes Web images to ...

Mustang Software anticipates lower than expected sales of Wildcat! 5 and QmodemPro, resulting in a quarterly operating loss.

Jun 27, 1996 ... BAKERSFIELD, Calif.--(BUSINESS WIRE)--June 27, 1996--Mustang Software Inc. (NASDAQ:MSTG) Thursday announced that, due to lower than expected sales of its QmodemPro communications software and the slower than expected initial sales of Wildcat! 5, it expects lower revenues and a net loss for ...

WMS Industries' Board of Directors approves restructuring initiatives.

Jun 27, 1996 ... CHICAGO--(BUSINESS WIRE)--June 27, 1996--WMS Industries Inc. (NYSE:WMS) announced today that its Board of Directors has approved restructuring initiatives intended to, among other matters, reduce regulatory burdens and risks, enhance shareholder value by enabling investors to value three ...

Datapro announces 1996 International User Ratings survey of UNIX and Open Systems.

Jun 27, 1996 ... DELRAN, N.J.--(BUSINESS WIRE)--June 27, 1996--Despite predictions heralding the imminent demise of UNIX, a new survey from the Datapro Information Services Group reveals that the global market for UNIX-based software products continues to grow strongly.Datapro identifies a number ...

MCI wins $35 million Veterans Affairs contract; MCI to provide telephone services to Veterans Affairs Medical Centers nationwide.

Jun 27, 1996 ... MCLEAN, Va.--(BUSINESS WIRE)--June 27, 1996--MCI will soon offer U.S. veterans highly competitive telephone service rates, under terms of a recently signed contract with the Department of Veteran's Affairs/Veteran's Canteen Service (VA/VCS).The five year, $35 million contract ...

Key Economic Indicators Show Small and Mid-Sized Business Owners Building Toward the Future; Annual National Survey Reports on the Economy, Labor, Technology, Business Administration and Management.

Jun 27, 1996 ... CHICAGO--(BUSINESS WIRE)--June 27, 1996--Small and mid-sized businesses are more optimistic about their outlook for growth, and now they are focused on competitive pressures -- their number-one challenge, according to the fifth annual Survey of Small and Mid-Sized Businesses conducted by ...

SubMicron Systems Corporation introduces revolutionary technology to replace ashers, spray tools, and conventional wet stations.

Jun 27, 1996 ... ALLENTOWN, Pa.--(BUSINESS WIRE)--June 27, 1996--SubMicron Systems Corporation (Nasdaq:SUBM) today announced that it's SubMicron Systems, Inc. Subsidiary has introduced a replacement technolgy for photoresist stripping. The patented process, DI/O3, is revolutionary in that the chemical used ...

FDA Grants Marketing Clearance of Gilead's VISTIDE for the Treatment of CMV Retinitis in Patients with AIDS; Vistide Marks Gilead's First Commercial Product.

Jun 27, 1996 ... FOSTER CITY, Calif.--(HealthWire)--June 27, 1996--Gilead Sciences Inc. (NASDAQ: GILD) today announced that the U.S. Food and Drug Administration (FDA) granted marketing clearance of VISTIDE(R) (cidofovir injection) for the treatment of cytomegalovirus (CMV) retinitis in patients with AIDS. ...

Clinical Data For SEQUUS Pharmaceuticals' AMPHOTEC Product Suggest Safety And Efficacy In Treatment Of Fungal Infections In Bone Marrow Transplant Patients.

Jun 27, 1996 ... ASSISI, Italy--(BUSINESS WIRE)--June 27, 1996--Data from five open label trials involving 220 bone marrow transplant patients, reviewed by Dr. Gary Noskin of Northwestern University, suggest that AMPHOTEC is safe and effective in the treatment of severe fungal infections in bone marrow ...

Arris to Collaborate With SmithKline Beecham to Apply Delta Technology to Infectious Disease Targets.

Jun 27, 1996 ... SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--June 27, 1996-- Arris Pharmaceutical Corporation (NASDAQ: ARRS) announced today that it has agreed to collaborate with SmithKline Beecham (NYSE: SBE) to explore the application of Arris' proprietary Delta technology to intracellular antiviral ...

MedCath Incorporated Announces Anticipated Third Quarter Results; Company Responds To Article In Wall Street Journal.

Jun 27, 1996 ... CHARLOTTE, N.C.--(BUSINESS WIRE)--June 27, 1996--MedCath Incorporated (Nasdaq/NM:MCTH) today announced that its financial results for the third quarter and nine months ending June 30, 1996, will be adversely affected by two factors relating to the Company's heart hospital located in McAllen, ...

Tridex Corp. announces filing of registration statement for initial public offering of common stock of its Transact Technologies Inc. subsidiary.

Jun 27, 1996 ... WESTPORT, Conn.--(BUSINESS WIRE)--June 27, 1996--Tridex Corp. (NASDAQ/NMS:TRDX) Thursday announced that its wholly owned Transact Technologies Inc. subsidiary has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of 1,150,000 ...

RNS supplies FDDI adapters to Telos as part of $907 million Army contract.

Jun 27, 1996 ... SANTA BARBARA, Calif.--(BUSINESS WIRE)--June 27, 1996--RNS, a division of Meret Communications Inc., Thursday announced it has been listed as the sole supplier of FDDI adapters on the Army's Small Multiuser Computer (SMC) II contract, awarded to Telos Corp. in August 1995. ...

InSight Health Services Corp. Formed By Merger of American Health Services Corp. and Maxum Health Corp.

Jun 27, 1996 ... NEWPORT BEACH, Calif.--(BUSINESS WIRE)--June 27, 1996--InSight Health Services Corp. announced today that the merger of American Health Services Corp. ("American Health") and Maxum Health Corp. ("Maxum") is complete.As a result of the merger, American Health and Maxum are now ...

Independent investigators declare AmBisome "optimal regimen" for visceral leishmaniasis.

Jun 27, 1996 ... BOULDER, Colo.--(BUSINESS WIRE)--June 27, 1996--NeXstar Pharmaceuticals Inc. (NASDAQ:NXTR) Thursday announced a team of independent investigators has published the findings of a study in which they assert that "AmBisome is a highly effective, nontoxic form of treatment for (visceral ...

First Iwerks 1570 3D Theatre Coming to California; Iwerks signs over $5-million in giant screen theatre contracts; Sites from Southern California to Nagasaki to Xanadu.

Jun 27, 1996 ... BURBANK, Calif.--(BUSINESS WIRE)--June 27, 1996--In an announcement certain to impact the giant screen theatre industry, Iwerks Entertainment (Nasdaq/NM:IWRK) has announced that it has signed four major contracts valued at over $5-million for giant screen theatres in both California and ...

White Pine and Four11 to create first worldwide directory for Enhanced CU-SeeMe users; New service enables easy and instant videoconferencing over the Internet.

Jun 27, 1996 ... NASHUA, N.H.--(BUSINESS WIRE)--June 27, 1996--White Pine Software, Inc., developer of the award-winning Enhanced CU-SeeMe, and Four11, the leading Internet white pages directory, announced a partnership today which will establish a free comprehensive directory on the Internet for users of ...

Innovus Corporation Enters Agreement with ProSoft Development, Inc.; Innovus Forges Agreement to Support the Growing Demand for Training and Education in Business Multimedia.

Jun 27, 1996 ... SALT LAKE CITY--(BUSINESS WIRE)--June 27, 1996--Innovus Corporation, (Nasdaq: INUS) today announced an agreement with ProSoft Development, Inc., the leading training organization for small, medium and large organizations for Internet and Intranet technologies.ProSoft is a certified ...

FEED to host virtual roundtable on web journalism.

Jun 27, 1996 ... NEW YORK--(BUSINESS WIRE)--June 27, 1996--Putting all reported rivalries aside, this week FEED (http://www.feedmag.com) will host a frank colloquy on the future of Web-exclusive publications. The forum is the fifth installment of FEED's highly acclaimed Dialog series.Wiring the ...

Telecommunications Resellers: Stop Talking, Start Shopping; RBOCs, CLECs to Showcase Wholesale Plans for Local Telephone Services At TRAs Shop-and-Compare Summer Carrier Forum.

Jun 27, 1996 ... WASHINGTON--(BUSINESS WIRE)--June 27, 1997--Telecommunications resellers can stop talking about reselling local services and start shopping for network providers at the Telecommunications Resellers Associations 1996 Summer Carrier Forum -- Diversified Resale Services, Aug. 1-2, 1996, Westin ...

ACNielsen and PC Data join forces to offer the inside scoop on consumer computer software and hardware purchases.

Jun 27, 1996 ... SCHAUMBURG, Ill.--(BUSINESS WIRE)--June 27, 1996--ACNielsen, the global leader in delivering market research information and analysis to the consumer products and service industries, today announced a strategic alliance with PC Data, the nation's leading source for information on computer ...

Multi Soft & Multi Solutions Announce A Turn Around Year.

Jun 27, 1996 ... MONMOUTH JUNCTION, N.J.--(BUSINESS WIRE)--June 27, 1996--Multi Soft, Inc. (OTC Bulletin Board: MSOF) and Multi Solutions, Inc. (OTC Bulletin Board: MULT) today announced that they have made a profit for the fiscal year ending January 31, 1996. -0- <Pre> Company ...

ProxyMed, Inc. announces agreement with Kmark Corporation.

Jun 27, 1996 ... FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--June 27, 1996 -- ProxyMed, Inc. (Nasdaq:PILL) announced today that it has entered into an agreement with Kmart Corporation whereby ProxyMed will provide electronic prescription service via ProxyNet to Kmart pharmacies.ProxyNet , ProxyMed's ...

Cityscape announces $1 billion securitization facility with Greenwich Capital Financial Products.

Jun 27, 1996 ... ELMSFORD, N.Y.--(BUSINESS WIRE)--June 27, 1996--Cityscape Financial Corp. (Nasdaq:CTYS), through its wholly owned subsidiary Cityscape Corp., today announced that it has finalized a $1 billion purchase and sale agreement with Greenwich Capital Financial Products, Inc., an affiliate of ...

Formation Capital 50,000+ Ft. Sunshine Drill Program Commences.

Jun 27, 1996 ... VANCOUVER, B.C.--(BUSINESS WIRE)--June 27, 1996--Formation Capital Corp(TSE, VSE: FCO ) Formation Capital Corporation is pleased to announce the commencement of Phase I of a 50,000+ foot drill program on its 100 percent owned cobalt/copper/gold Sunshine Project located in Lemhi County, ...

Emerson Radio announces reaffirmation of Emerson's $12.00 per share offer to the outside stockholders of International Jensen.

Jun 27, 1996 ... PARSIPPANY, N.J.--(BUSINESS WIRE)-- June 27, 1996--Emerson Radio Corp. (AMEX: MSN) announced today that it had received certain correspondance from Lehman Brothers, investment bankers representing the Board of Directors of International Jensen Incorporated ("Jensen"), and had reviewed the ...

360 Degree Communications expands CDPD contract with CBIS.

Jun 27, 1996 ... CINCINNATI--(BUSINESS WIRE)--June 27, 1996--CBIS(TM) announced today it has entered into a contract with 360 Degree Communications Company to provide additional modules of its CDPD Customer Care and Billing Solution. 360 Degree Communications currently uses the CBIS Accounting Collector and ...

NeoPath Enters Contract with Laboratory Corporation of America Holdings to Provide AutoPap 300 QC System for Pap Smear Rescreening.

Jun 27, 1996 ... REDMOND, Wash.--(BUSINESS WIRE)--June 27, 1996--NeoPath, Inc. (NASDAQ: NPTH) announced today a contract to provide its AutoPap System to Laboratory Corporation of America(TM) Holdings (LabCorp(TM)).LabCorp will use NeoPath's automated Pap smear rescreening technology to rescreen ...

Orthologic Corp. Names George A. Oram Jr. President and Chief Operating Officer.

Jun 27, 1996 ... PHOENIX--(BUSINESS WIRE)--June 27, 1996--Allan M. Weinstein, Chairman and Chief Executive Officer of OrthoLogic Corp. (NASDAQ/OLGC) today announced that George A. Oram Jr. has been appointed President and Chief Operating Officer.The appointment is effective July 1, 1996. ...

SatCon Technology awarded $100,000 to develop new manufacturing methods for high performance motors.

Jun 27, 1996 ... CAMBRIDGE, Mass.--(BUSINESS WIRE)--June 27, 1996--SatCon Technology Corp. (NASDAQ:SATC), announced today that it has been awarded $100,000 by the Department of Energy to develop innovative bonding and spray-forming techniques for cost-effectively producing high-performance induction motors. ...

CYBEX TO LAUNCH EUROPEAN FACILITY IN SHANNON, IRELAND.

Jun 27, 1996 ... HUNTSVILLE, Ala.--(BUSINESS WIRE)--June 27, 1996--CYBEX Computer Products Corporation (Nasdaq/NM:CBXC) today announced that it has selected Shannon, Ireland, for its European distribution and manufacturing facility. The Company has reached an agreement in principle with The Shannon ...

Intergraph and Structural Research Announce COSMOS/M(R) DESIGNER II for Solid Edge, Powerful, Low Cost Windows-Based Design and Analysis System.

Jun 27, 1996 ... HUNTSVILLE, Ala.--(BUSINESS WIRE)--June 27, 1996--Intergraph Software Solutions and Structural Research & Analysis Corp. (Los Angeles) today announced COSMOS/M DESIGNER II for Solid Edge(TM). COSMOS/M DESIGNER II for Solid Edge joins Solid Edge's parametric, feature-based solid modeling ...

TRW Expands Scope of China Activities.

Jun 27, 1996 ... CLEVELAND--(BUSINESS WIRE)--June 27, 1996--TRW Inc. announced today that it has signed a memorandum of understanding with the China Aerospace Corporation (CASC) to collaborate in the development of space systems, systems integration and automotive parts and components for the growing markets ...

Ameron declares quarterly dividend.

Jun 27, 1996 ... PASADENA, Calif.--(BUSINESS WIRE)--June 27, 1996--Ameron International Corporation (NYSE:AMN) has declared a quarterly dividend of 32 cents per share of common ...

Employee Solutions Inc. board approves second two-for-one stock split.

Jun 27, 1996 ... PHOENIX--(BUSINESS WIRE)--June 27, 1996--Employee Solutions Inc. (NASDAQ:ESOL) Thursday reported that its board of directors approved a two-for-one stock split to be effected in the form of a 100 percent stock dividend, as previously announced in a May 14, 1996, news release.The ...

Vitalink announces record fiscal fourth quarter and year end financial results; Fiscal fourth quarter revenues rise 33 percent.

Jun 27, 1996 ... NAPERVILLE, Ill.--(BUSINESS WIRE)--June 27, 1996--Vitalink Pharmacy Services Inc. (Nasdaq:VTLK) today announced record revenues and earnings for the fourth quarter and year ended May 31, 1996.For the fourth quarter, net revenues rose 33 percent to $38,798,000 compared to ...

Herbalife declares second-quarter cash dividend.

Jun 27, 1996 ... LOS ANGELES--(BUSINESS WIRE)--June 27, 1996--The Board of Directors of Herbalife International Inc. (Nasdaq: HERB) has approved payment of the company's quarterly cash dividend of 15 cents per share.The dividend is payable on Aug. 7, 1996 to shareholders of record on July 31, 1996 ....

Tecnol Medical reports continued sales growth in second quarter; Company's Outlook Positive for the Second Half of 1996.

Jun 27, 1996 ... FORT WORTH, Texas--(BUSINESS WIRE)--June 27, 1996--TECNOL Medical Products, Inc. (Nasdaq:TCNL) continued the growth trend established in its first quarter, reporting increased sales compared with the second period last year. Significant sales increases in contract manufacturing and in the ...

Merger to place CB Commercial/L.J. Melody among nation's top three commercial mortgage bankers.

Jun 27, 1996 ... LOS ANGELES--(BUSINESS WIRE)--June 27, 1996--A merger of lending and loan servicing capabilities of two of the nation's leading mortgage banking organizations, announced Thursday, will create a major new force in commercial real estate finance.CB Commercial Real Estate Group and ...

Schnitzer reports third quarter earnings.

Jun 27, 1996 ... PORTLAND, Ore.--(BUSINESS WIRE)--June 27, 1996--Schnitzer Steel Industries Inc. (NASDAQ: SCHN) today reported net income of $4.6 million or $.44 per share on revenues of $87.0 million for the three months ended May 31, 1996.This compares to $7.9 million or $.98 per share on ...

Advanced Medical's IMED subsidiary acquires European distribution rights.

Jun 27, 1996 ... SAN DIEGO--(BUSINESS WIRE)--June 27, 1996--Advanced Medical Inc. (ASE: AMA) announced Thursday that its IMED Corp. subsidiary has entered into an agreement with Pharmacia & Upjohn to acquire the European distribution rights to its IMED line of intravenous infusion pumps and related ...

US District Court affirms Genentech's request for Preliminary Injunction against Novo Nordisk Growth Hormone.

Jun 27, 1996 ... NEW YORK--(BUSINESS WIRE)--June 27, 1996--Denmark-based pharmaceutical and biotechnology group Novo Nordisk A/S (NYSE:NVO) issued the following statement in response to a US District Court decision in the ongoing patent litigation between Novo Nordisk and Genentech."Today, the US ...

Totalbank to merge with Trade National Bank, forming 14th largest Dade-based commercial bank.

Jun 27, 1996 ... MIAMI--(BUSINESS WIRE)--June 27, 1996--Totalbank Corp. of Florida Thursday announced the merger of its Totalbank and Trade National Bank subsidiaries, two Dade County financial institutions that had been operated independently.The merger will become effective July 1.The ...

Standard Microsystems announces revenue and net income for the First Quarter of fiscal 1997.

Jun 27, 1996 ... HAUPPAUGE, N.Y.--(BUSINESS WIRE)--June 27, 1996--Standard Microsystems Corp. (SMC(R)) (NASDAQ:SMSC) today announced results for the first quarter of its 1997 fiscal year.Revenues for the first quarter ended May 31, 1996 reached $100.1 million, which were 38.6 percent above the ...

MAAX Posts its Best Quarterly Results Ever and Announces Imminent Opening of a Plan in the U.S. Midwest.

Jun 27, 1996 ... SAINTE-MARIE-DE-BEAUCE, QUEBEC--(BUSINESS WIRE)--June 27, 1996-- During the Annual General Meeting of Shareholders of MAAX Inc. (MSE, TSE:MXA), Placide Poulin, President and Chief Executive Officer, presented an overview of the fiscal year ended February 29, 1996, emphasizing the impact of ...

U.S. Medical receives $3 million order from Japanese customer; Nipro Corp. to introduce SafeSnap syringes to Japanese market.

Jun 27, 1996 ... SAN DIEGO--(BUSINESS WIRE)--June 27, 1996--U.S. Medical Instruments Inc. Thursday announced that it has received an initial $3 million order from Nipro Corp. of Japan for the company's SafeSnap hypodermic safety/security syringe.U.S. Medical will complete the delivery of ...

PHILIP MORRIS U.S.A. PLEASED BY FAVORABLE FLORIDA SUPREME COURT RULING.

Jun 27, 1996 ... NEW YORK--(BUSINESS WIRE)--June 27, 1996--In a major victory for Philip Morris's position in its constitutional challenge to the Florida Medicaid Act, the Florida Supreme Court today ruled that as a matter of constitutional due process, the defendants must have a right to defend against the ...

Cover-All Technologies announces change of symbol for common stock.

Jun 27, 1996 ... FAIR LAWN, N.J.--(BUSINESS WIRE)--June 27, 1996--Cover-All Technologies Inc. (formerly Warner Insurance Services Inc.) a Delaware corporation (the "Company"), today announced that as of Monday, July 1, 1996, the symbol for its Common Stock on the Nasdaq SmallCap Market will be COVR. The ...

Pelangio-Larder Announces Exploration Plans for Detour Lake, Red Lake and Other Properties.

Jun 27, 1996 ... TIMMINS, Ontario--(BUSINESS WIRE)--June 27, 1996-- Pelangio-Larder Mines, Limited (CANADIAN DEALING NETWORK:PLLM.) reports that plans are being finalized for summer exploration programs on a number of its well-placed properties in Northern Ontario and Northwestern Quebec.In the ...

IntraBiotics Completes $8.3 Million Second Round Private Financing.

Jun 27, 1996 ... SUNNYVALE, Calif.--(BUSINESS WIRE)--June 27, 1996--IntraBiotics Pharmaceuticals, Inc., a privately held developer of antimicrobial drugs, today announced the completion of a $8.3 million financing. The second round financing was led by the Sprout Group, with the participation of the ...

Nokia to supply business access network to Telecom New Zealand.

Jun 27, 1996 ... NEW YORK--(BUSINESS WIRE)--June 27, 1996--Nokia Telecommunication has recently signed a five-year contract with Telecom New Zealand Limited for the supply of a complete business access network solution. The first-phase deliveries will commence immediately.The business access ...

INTERMEDIA and ImpSat TEAM UP TO PROVIDE FRAME RELAY AND INTERNET SERVICES BETWEEN U.S. AND COLOMBIA; Companies Jointly Pursuing Hemisphere-Wide Data Communications Strategy.

Jun 27, 1996 ... TAMPA, Fla.--(BUSINESS WIRE)--June 27, 1996--Intermedia Communications Inc. (Nasdaq/NM: ICIX), a leading provider of integrated telecommunications services, and ImpSat, USA, Inc., a subsidiary of ImpSat Corp. (ImpSat), and an international carrier specializing in the Latin American market, ...

Abington Savings Bank declares cash dividend.

Jun 27, 1996 ... ABINGTON, Mass.--(BUSINESS WIRE)--June 27, 1996--Abington Savings Bank (NASDAQ:ABBK) announced that its board of directors has approved payment of a quarterly cash dividend for holders of its common stock.A dividend of $.10 per share was declared. The dividend is payable on Aug ....

Medtronic directors increase dividend 46 percent.

Jun 27, 1996 ... MINNEAPOLIS--(BUSINESS WIRE)--June 27, 1996--The board of directors of Medtronic, Inc. (NYSE: MDT), today approved a first-quarter dividend of 9.5 cents per share, payable August 2, 1996, to shareholders of record at the close of business July 5.This rate reflected the board's ...

Investment and Development: Two Words that Sum Up 1995 at ADS Associes Ltee.

Jun 27, 1996 ... QUEBEC--(BUSINESS WIRE)--June 27, 1996--ADS associes ltee(ME:AAL) ADS Associes Ltee Chairman and Chief Executive Officer Paul Drouin sketched a portrait of 1995 at the annual meeting of shareholders held today. According to Drouin, the company he heads, through its various subsidiaries, has ...

CORRECTION FROM SOURCE: Medical Education Program on Helicobacter pylori bacteria - Axcan Pharma Inc. Announces Helisal Distribution Agreement with Astra.

Jun 27, 1996 ... MONTREAL--(BUSINESS WIRE)--June 27, 1996--AXCAN PHARMA INC.(ME, TSE: AXP ) AXCAN PHARMA INC. announced today that it has signed an agreement with Astra Pharma Inc., the Canadian subsidiary of Astra AB of Sweden, to distribute samples of HELISAL(TM) and educational materials to physicians in ...

Nora - over 180 diamonds recovered from the Kade Concession and new private placement.

Jun 27, 1996 ... MONTREAL--(BUSINESS WIRE)--June 27, 1996--Nora Exploration Inc. is pleased to announce that it has recovered over 180 diamonds (grade: 0.31 ct/m3) from the Kade Concession and is presently preparing the ground work for a bulk sampling program on the Kade and Pramkese concession. ...

CamVec Corporation Announces Acquisition of Kord Products Limited.

Jun 27, 1996 ... MISSISSAUGA, Ontario--(BUSINESS WIRE)--June 27, 1996--CAMVEC CORPORATION (TSE:CV) (CamVec 1996/97 Revenues will Exceed $100 Million) (CamVec) today completed agreements with Mr. Ralph Welsh and two Welsh family corporations whereby CamVec acquired all of the outstanding shares of Kord ...

Dun & Bradstreet acquires minority stake in MarketPlace.

Jun 27, 1996 ... MURRAY HILL, N.J.--(BUSINESS WIRE)--June 27, 1996--Dun & Bradstreet Information Services (DBIS) announced today that it has invested $2.3 million to acquire a minority stake in MarketPlace Information Corporation.In addition, DBIS received warrants to acquire additional shares. ...

XCL Ltd. passed dividend on its Series A, Cumulative Convertible Preferred Stock.

Jun 27, 1996 ... LAFAYETTE, La.--(BUSINESS WIRE)--June 27, 1996--XCL Ltd. (AMEX:XCL) today announced that it has elected not to declare payment of its regular June 30, 1996 dividend on its Series A, Cumulative Convertible Preferred Stock ("Series A Preferred Stock").XCL Ltd. is an oil and gas ...

Bank of Boston and The Boston Bancorp announce closing of acquisition.

Jun 27, 1996 ... BOSTON--(BUSINESS WIRE)--June 27, 1996--Bank of Boston Corp. and The Boston Bancorp announced today that the closing of the previously announced agreement involving the acquisition of South Boston Savings Bank by Bank of Boston will take place on Friday, June 28, 1996.The ...