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Business Wire articles from Tuesday, June 24

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<a href="http://www.highbeam.com/Business+Wire/publications.aspx?date=19970624" title="Articles and back issues from Business Wire">Business Wire articles</a>

Business Wire back issues from Tuesday, June 24:

Medical Device Technologies Inc. acquiring product line from Boehringer Mannheim Inc. and securing five year $6.0 million sales commitment.

Jun 24, 1997 ... SAN DIEGO--(BW HealthWire)--June 24, 1997--Worldwide sales of Biotrack analyzer and cartridges in 1996 were $3.0 million, up 25 percent from 1995Medical Device Technologies Inc. (NASDAQ Symbols: MEDD, MEDDP and MEDDW) Tuesday announced that it ...

Hirsch USA, Inc. to Acquire Textron's Speidel Division.

Jun 24, 1997 ... PROVIDENCE, R.I.--(BUSINESS WIRE)--June 24, 1997--Textron Inc. and Hermann Hirsch USA, Inc., an affiliate of Austria-based Hermann Hirsch Armbander Ges. m.b.H., today announced that they have entered into a definitive agreement under which Hirsch will purchase Textron's Spiedel division ....

USLD signs pay telephone agreement with GTE; USLD extends and expands its services under agreement with G-Five Corp.; USLD acquires TransAmerica Communications.

Jun 24, 1997 ... SAN ANTONIO--(BUSINESS WIRE)--June 24, 1997--U.S. Long Distance Corp. (NASDAQ/NMS: USLD) today announced it has signed an agreement with GTE Telephone Operating Companies for pay telephone services. USLD also has expanded its G-Five Corp. agreement to provide operator, direct dial and ...

Applied Power announces record third quarter earnings.

Jun 24, 1997 ... MILWAUKEE--(BUSINESS WIRE)--June 24, 1997--Applied Power Inc. (NYSE:APW) reported record sales and net earnings for the third quarter ended May 31, 1997. Net earnings for the third quarter were $0.77 per share, an 18.5 percent improvement from the $0.65 per share reported for the same ...

Positive Industry Response to Compaq And Tandem Merger.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 23, 1997-- Industry influentials applaud combined strength which offers the broadest range of reliable, scalable solutions for business-critical enterprise computingIn response to today's announcement ...

AMERICAN WOODMARK CORPORATION ANNOUNCES RECORD FOURTH QUARTER.

Jun 24, 1997 ... WINCHESTER, Va--(BUSINESS WIRE)--June 24, 1997--American Woodmark Corporation (Nasdaq:AMWD) today announced its fifth consecutive quarter of record net income. Net income for the fourth quarter ended April 30, 1997, increased to $2,923,000, or $0.38 per share, compared with net income ...

RIVER OAKS' BANK GROUP EXTENDS LOAN AGREEMENT TO THE YEAR 2000 AND WAIVES PRIOR EVENTS OF DEFAULT.

Jun 24, 1997 ... BELDEN, Miss.--(BUSINESS WIRE)--June 24, 1997--River Oaks Furniture, Inc. (Nasdaq/NM: OAKS) today announced that its bank group, lead by Bank of New York, has extended its loan agreement related to the Company's $51 million credit facility to the year 2000. In addition, the bank group ...

Calpine acquires interest in 827 MW of gas-fired plants; company becomes major Texas independent power producer.

Jun 24, 1997 ... SAN JOSE, Calif.--(BUSINESS WIRE)--June 24, 1997--Calpine Corporation (NYSE:CPN), the San Jose-based power company, today announced it has purchased a 50% interest in two gas-fired power plants with a combined capacity of 827 megawatts.Calpine purchased the interest in the ...

NeoPath, Inc. acquires CompuCyte's Pathfinder System.

Jun 24, 1997 ... REDMOND, Wash. and CAMBRIDGE, Mass.--(BUSINESS WIRE)--June 24, 1997--NeoPath, Inc. (NASDAQ:NPTH), announced today that the Company has acquired the Pathfinder(r) System from CompuCyte Corporation for $5 million in cash and stock.The Pathfinder System is used to provide ...

Cisco Systems to Acquire Ardent Communications Corp.; Further investment in Data, Voice and Video Integration For Public and Private Networks.

Jun 24, 1997 ... SAN JOSE, Calif.--(BUSINESS WIRE)--June 24, 1997--Cisco Systems, Inc. today announced it has signed a definitive agreement to acquire privately-held Ardent Communications Corp. Previously, Cisco and Sequoia Capital held minority equity stakes in Ardent. San Jose-based Ardent is a ...

Cisco Systems to Acquire Global Internet Software Group, Invests in Parent Company Global Internet.Com; Windows NT Firewall Expertise to Complement Cisco's PIX Firewall Offerings.

Jun 24, 1997 ... SAN JOSE, Calif.--(BUSINESS WIRE)--June 24, 1997--Cisco Systems, Inc. today announced it has signed a definitive agreement to acquire Global Internet Software Group, a wholly owned subsidiary of Global Internet.Com Inc. based in Palo Alto, CA. Cisco is also taking an undisclosed ...

The Quick & Reilly Group, Inc. reports first quarter earnings for fiscal year 1998.

Jun 24, 1997 ... PALM BEACH, Fla.--(BUSINESS WIRE)--June 24, 1997-- Total Revenues Up 6.8%;Earnings Affected by Expenses Associated with AcquisitionThe Quick & Reilly Group, Inc. (NYSE: BQR) today reported net income for the first quarter of fiscal ...

Triarc to acquire Cable Car Beverage Corporation.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997-- Cable Car's Stewart's brand to be added to the premium offerings ofthe Triarc Beverage Group Triarc Companies, Inc. (NYSE:TRY) and Cable Car Beverage Corporation (NASDAQ: DRNK) jointly ...

Roberts Oil and Gas announces major acquisition and reorganization.

Jun 24, 1997 ... HOUSTON--(BUSINESS WIRE)--June 24, 1997--Roberts Oil and Gas Inc. (OTC:ROGI) announced today that it has acquired a 5 percent net profit interest in exploration acreage totaling 14 million acres in South America and 3.5 million acres in the Middle East from Adair Oil and Gas ...

Perot Systems supports Oracle8, The Database For Network Computing.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--Perot Systems brings its clients greater business advantagethrough the increased scalability, manageability and performanceof Oracle8Perot Systems Corp. today announced support for ...

IPCVideo introduced; Video conferencing and broadcast delivered directly to the desktop.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--A suite of desktop video services that deliver broadcast TV and desktop video conferencing directly to the trading desk using existing cabling infrastructure was announced today by IPC Information Systems, Inc. (NASDAQ: IPCI). Working with the ...

Number of Coffee People stores reach 47 with opening of second Chicago store, planned addition in Oregon.

Jun 24, 1997 ... PORTLAND, Ore.--(BUSINESS WIRE)--June 24, 1997--Coffee People Inc. (NASDAQ: MOKA) a specialty coffee retailer and operator of coffee houses, continued its market expansion with the opening of the company's second store in Chicago and the siting of another store in Oregon....

Dental Services of America makes announcement.

Jun 24, 1997 ... MIAMI--(BUSINESS WIRE)--June 24, 1997--Dental Services of America Inc., trading under the NASDAQ symbol "FLOS," and its warrant under the symbol "FLOSZ," announced that Dr. Luis Cruz, MD has been elected chairman of the board of directors and chief executive officer.Dr ....

SPRYNET rolls out 33.6Kbps local dial-up access worldwide; testing underway of 56Kbps.

Jun 24, 1997 ... BELLEVUE, Wash.--(BUSINESS WIRE)--June 24, 1997--The result of a major upgrade of CompuServe's worldwide network, SPRYNET today announced the immediate availability of 33.6Kbps local dial-up access throughout the Internet service provider's (ISP) 505 points of presence worldwide. To ...

ISI Ventures Inc. Announces Signing of Letter of Intent with Ayotte Drums Only Inc.

Jun 24, 1997 ... CALGARY, Alberta--(BUSINESS WIRE)--June 24, 1997--ISI Ventures Inc. (Alberta Stock Exchange: IV.) ("ISI" or the "Corporation") is pleased to announce that it has finalized a letter of intent with Ayotte Drums Only Inc. ("Ayotte"), a private British Columbia company, pursuant to which ISI ...

Premenos Rounds Out Senior Management Team; Veteran Software Development Leader Joins as Senior Vice President.

Jun 24, 1997 ... CONCORD, Calif.--(BUSINESS WIRE)--June 23, 1997--Premenos Technology Corp., a leading provider of electronic commerce solutions for established and emerging trading communities, today announced the appointment of Ron Griffith to the position of senior vice president of development. ...

MICROS introduces the new MICROS 3500 Front Desk Management system at 1997 HITEC in Baltimore.

Jun 24, 1997 ... BALTIMORE--(BUSINESS WIRE)--June 24, 1997--MICROS Systems Inc., a leading provider of information technology solutions for the hospitality industry, is introducing the new MICROS 3500 Front Desk Management (FDM) system at the 1997 HITEC Show in Baltimore, June 24-26, 1997....

Erwin joins Omnicare as Vice President-Health System Programs.

Jun 24, 1997 ... CINCINNATI, OHIO--(BW HealthWire)--June 24, 1997--Omnicare, Inc. (NYSE:OCR) today announced that W. Gary Erwin, Pharm. D., has agreed to join the Company as Vice President-Health System Programs. He will assume this position in August 1997.Dr. Erwin, 44, currently serves as ...

MIM makes strategic equity investment in Wang Healthcare Information Systems, Inc.

Jun 24, 1997 ... PEARL RIVER, N.Y.--(BW HealthWire)--June 24, 1997-- Partners Include Wang, Quantum Industrial Partners LDC, a fundadvised by Soros Fund Management LLC, Itochu Corporation,Itochu Techno-Science Corporation and George BahrakisMIM ...

DOCUMENTUM and PeopleSoft partner to develop integrated solution; PeopleSoft selects DOCUMENTUM to provide document management functionality for its engineering application.

Jun 24, 1997 ... PLEASANTON, Calif.--(BUSINESS WIRE)--June 24, 1997-- DOCUMENTUM(R), Inc. (NASDAQ:DCTM), today announced its partnership with PeopleSoft, Inc. (NASDAQ:PSFT) to provide document management capabilities for PeopleSoft's new engineering application.The respective leaders in ...

Phoenix Announces a Full Suite of ACPI Solutions for the Next Generation of PCs; Phoenix ACPI BIOS Solutions Provide PC98, OnNow and ACPI Compliance for Core Logic, CPUs, Super I/O, Audio, Video, MMX, and Keyboard Controllers.

Jun 24, 1997 ... SAN JOSE, Calif.--(BUSINESS WIRE)--June 24, 1997--Phoenix Technologies Ltd. (NASDAQ: PTEC) - the leading supplier of standards-based system enabling software for the PC industry is announcing a full suite of ACPI (Advanced Configuration and Power management Interface) firmware solutions ...

MarkIntel Grows Coverage of Technology-Focused Market Research.

Jun 24, 1997 ... BOSTON--(BUSINESS WIRE)--June 24, 1997-- Online Service Adds Faulkner Information Services, Teltech Resource Network, and Jupiter Communications To Growing List of Content ProvidersMarkIntel(R), an online market research service ...

United Companies completes sale of $150 million of subordinated notes.

Jun 24, 1997 ... BATON ROUGE, La.--(BUSINESS WIRE)--June 24, 1997--United Companies Financial Corp. (NYSE: UC) announced today that it has successfully completed a public sale of $150 million of its unsecured, subordinated notes.The 8.375% notes will mature on July 1, 2005 and are not ...

NexGen SI Expands Operations to Meet Increasing Business Development Opportunities; Computer Software and Services Company Opens Offices in New York and Florida, Expands Offices in Northern and Southern California.

Jun 24, 1997 ... IRVINE, Calif.--(BUSINESS WIRE)--June 24, 1997--NexGen SI today announced it is broadening its business operations nationwide with the establishment of offices on the East Coast and the expansion of its Northern and Southern California facilities.NexGen SI will support its ...

Metrowerks ships new version of CodeWarrior, Discover Programming Edition.

Jun 24, 1997 ... AUSTIN, Texas--(BUSINESS WIRE)--June 24, 1997--Metrowerks Inc. (NASDAQ: MTWKF, TSE/ME:MWK), one of the world's leading providers of software development tools, Tuesday announced they are now shipping CodeWarrior(R), Discover Programming Edition, a powerful set of learning tools designed ...

StreamLogic Corp. makes announcement.

Jun 24, 1997 ... MENLO PARK, Calif.--(BUSINESS WIRE)--June 24, 1997--StreamLogic Corp. (NASDAQ:STLC) announced today that it has received notification from The Nasdaq Stock Market that StreamLogic may no longer meet the requirements for continued inclusion in The Nasdaq Stock Market.NASDAQ ...

Motorola infrastructure chosen to support islandwide paging network in Taiwan.

Jun 24, 1997 ... DALLAS--(BUSINESS WIRE)--June 24, 1997--First International Telecom launches paging service in Taiwanwith Motorola's Wireless Messaging SystemMotorola (NYSE:MOT) today announced that its Wireless Messaging System (WMS) has been chosen to support ...

USCI and QVC successfully offer paging services via QVC television programming; first for viewers to purchase Ameritel's paging service.

Jun 24, 1997 ... NORCROSS, Ga.--(BUSINESS WIRE)--June 24, 1997--USCI Inc. (NASDAQ NM:USCM) announced Tuesday that its wholly-owned subsidiary, Ameritel Communications Inc., a non-facilities based carrier, successfully sold its paging services on QVC Saturday, May 31.It was the first in what ...

Telegen applies for patent on new electron control technology for HGED flat panel displays; higher resolution, longer life expected.

Jun 24, 1997 ... REDWOOD CITY, Calif.--(BUSINESS WIRE)--June 24, 1997--Telegen Corp. (NASDAQ:TLGN) Tuesday announced that it has filed a patent application for a unique electron control technology that is expected to lend higher resolution and longer life to the company's proprietary High Gain Emissive ...

B.V.R. Technologies and Nexus Telecommunication Systems report proposed exercise by BVR of warrants held to purchase shares of Nexus.

Jun 24, 1997 ... TEL AVIV, Israel--(BUSINESS WIRE)--June 24, 1997--B.V.R. Technologies Ltd. (NASDAQ: BVRTF) and Nexus Telecommunication Systems Limited (OTC: NXUSF) today reported that BVR intends to exercise up to 990,332 Series C Warrants to purchase ordinary shares of Nexus.The Series C ...

UtiliCorp United and PECO Energy launch new EnergyOne marketing company.

Jun 24, 1997 ... WASHINGTON--(BUSINESS WIRE)--June 24, 1997-- AT&T and ADT join pioneering branding effort to speed competitive energy benefits to other utilities, consumersAnticipating radical restructuring of the electric utility industry, UtiliCorp ...

NetVantage names Thomas Iwanski Chief Financial Officer.

Jun 24, 1997 ... EL SEGUNDO, Calif.--(BUSINESS WIRE)--June 24, 1997--NetVantage Inc. (NASDAQ NM:NETVA) Tuesday announced that Thomas G. Iwanski, 39, has been appointed chief financial officer, effective immediately.In his new role, he will report directly to NetVantage President and Chief ...

Accounting profession antes up $10 million in political contributions.

Jun 24, 1997 ... ATLANTA--(BUSINESS WIRE)--June 24, 1997-- Ernst & Young outspent peers in PAC, individual givingThe public accounting profession opened its collective wallet wide during the 1995-96 election cycle, pumping more than $10 million into the coffers of ...

Southern Pacific Funding appoints Peter F. Makowiecki as executive vice president, chief financial officer and secretary.

Jun 24, 1997 ... LAKE OSWEGO, Ore--(BUSINESS WIRE)--June 24, 1997--Southern Pacific Funding Corporation (NYSE: SFC) today announced that Peter F. Makowiecki has joined the company as executive vice president, chief financial officer and secretary effective June 23, 1997.Makowiecki fills the ...

SYNNEX now distributing Maxell professional computer products; Maxell product line expected to enhance SYNNEX's existing media product line; SYNNEX Mass Storage expertise natural fit with Maxell's leading media products.

Jun 24, 1997 ... FREMONT, Calif.--(BUSINESS WIRE)--June 24, 1997--SYNNEX Information Technologies, Inc., a leading distributor of computer products and peripherals, announced today that it is now authorized to distribute the full line of Maxell Corporation of America's professional computer products. ...

SDTI and CommercialWare form strategic alliance to add GUI interface to Mozart.

Jun 24, 1997 ... BOSTON--(BUSINESS WIRE)--June 24, 1997--Software Development Tools, Inc. (SDTI), a leading provider of GUI development tools to the AS/400 community today announced a strategic partnership with CommercialWare of Framingham, Massachusetts, an ASA company (NASDAQ:ASAA)....

Vantive supports Oracle8, the database for network computing; Oracle8 offers Vantive users increased scalability, faster access to customer data.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--The Vantive Corporation (VNTV), the largest provider of customer asset management software, today announced support of Oracle8(TM), Oracle's next-generation database for network computing.Vantive plans to deliver customer asset ...

McKesson Health Systems and VHA sign prime vendor agreement.

Jun 24, 1997 ... SAN FRANCISCO--(BW HealthWire)--June 24, 1997--McKesson Corp. (NYSE:MCK) and VHA Inc., announced today that they have entered into an agreement for McKesson Health Systems (MHS) to provide pharmaceutical products to VHA health care facilities.The three-year agreement is ...

Checkpoint Systems and Giant Foods Sign Contract For Chainwide Installation Of RF EAS Systems.

Jun 24, 1997 ... THOROFARE, N.J.--(BUSINESS WIRE)--June 24, 1997--Checkpoint Systems, Inc. (NYSE:CKP) and Giant Foods, a division of Ahold USA (NYSE:AHO), have signed a contract for the chainwide installation of radio frequency electronic article surveillance (RF EAS) systems. With 161 stores, Giant ...

CardioDynamics International reports fiscal 1997 second quarter results.

Jun 24, 1997 ... SAN DIEGO--(BW HealthWire)--June 24, 1997--Company also announces the sale of a BioZ(TM) System to PremierResearch WorldwideCardioDynamics International Corporation (Nasdaq: CDIC) today reported fiscal 1997 second quarter results for the period ...

PhotoDisc supports Oracle8, the Database for Network Computing; PhotoDisc tests new Oracle8 technology on web site.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--PhotoDisc Inc. today announced support of Oracle8, Oracle's next-generation database for networking computing.At the Oracle8 launch PhotoDisc will show their web site www.photodisc.com running on the latest version of Oracle's ...

Simply Interactive teams with seer to deliver all-in-one solution for corporate web applications; Integration of two leading application development tools provides the first single Web solution for corporate America.

Jun 24, 1997 ... SAN JOSE, Calif.--(BUSINESS WIRE)--June 24, 1997--In what could become the most popular approach to Web development for corporate America, two companies have joined forces to combine their powerful application development tools for merging corporate data with the World Wide Web. ...

Display.It Challenges Established $6 Billion Financial Information Industry With Real-Time Data Capabilities Unveiled Today At S.I.A. Conference In New York.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--Display.IT Holdings plc (OTC Bulletin Board Symbol: DYITY) in a move which potentially challenges the dominance of traditional financial data vendors, toay real-time, proprietary data from the likes olton today (booth No. 2212) Display.IT will ...

DBStar supports Oracle8 the Database for Network Computing.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997-- DBStar's Open Architecture and Support for Leading-Edge Technologies Enables Powerful Data Migration Options for Oracle8(TM) CustomersDBStar, a data migration software leader, today announced support of ...

Hitachi Data Systems introduces mainframe-class storage for the open systems world.

Jun 24, 1997 ... SANTA CLARA, Calif.--(BUSINESS WIRE)--June 24, 1997--Hitachi Data Systems (HDS) today announced the HDS 6700 Scalable Array, an integrated intelligent storage subsystem providing extremely high connectivity, capacity, and performance in a single footprint.It is designed to ...

NCR lowers the cost of entry for data warehousing; Enhances performance of NCR Teradata RDBMS.

Jun 24, 1997 ... DAYTON, Ohio--(BUSINESS WIRE)--June 24, 1997--NCR Also Unveils New Data Management ToolsNCR today announced an array of enhancements and a reduced entry-level pricing structure for its NCR Teradata data warehouse engine, making it the industry's most ...

Internet Commerce Service and USWeb Utopia sign agreement to provide Internet commerce services "for the rest of us".

Jun 24, 1997 ... NASHUA, N.H.--(BUSINESS WIRE)--June 24, 1997--Internet Commerce Services Corp. (ICOMS), based in Nashua, N.H., and USWeb Utopia, Inc., based in Waltham, Mass., have announced an agreement under which the two companies will resell their respective services to customers who want to sell ...

Saab AB selects Concurrent Computer Corp. to replace Encore Systems in Simulation Center.

Jun 24, 1997 ... FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--June 24, 1997---- First of 50 systems to be used for Simulation Center Upgrade --Concurrent Computer Corp. (NASDAQ:CCUR) announced Tuesday that Saab AB, a division of the Saab Group based in Linkvping, ...

AirTouch Cellular's Powerband Digital Service now available in retail stores.

Jun 24, 1997 ... MINNEAPOLIS--(BUSINESS WIRE)--June 24, 1997--First Digital Wireless Service to Offer E-Mail and InternetMessagingAirTouch Cellular announced today that Powerband Digital Service(SM), which is currently being used by thousands of business ...

4th Generation desktop videoconferencing solution available from Zydacron.

Jun 24, 1997 ... MANCHESTER, N.H.--(BUSINESS WIRE)--June 24, 1997--New single board PCI-bus audio/video/communications engine provides new price/performance point for H.320 videoconferencing.Zydacron Tuesday introduced its new, single board videoconferencing ...

Digital Island announces Stanford University as new customer for its Global Applications Network; Stanford's HighWire Press to distribute leading scientific journals worldwide, realizing performance gains of more than 160% over the public Internet.

Jun 24, 1997 ... HONOLULU--(BUSINESS WIRE)--June 24, 1997--Digital Island, the first global overnet that provides multinational corporations with a single-hop, scalable applications network, announced today that Stanford University will use Digital Island to distribute highly respected scholarly journals ...

Legato Systems supports Oracle8, the Database for Network Computing; Legato's BusinesSuite establishes new level of performance, availability and manageability for Oracle8 storage management.

Jun 24, 1997 ... PALO ALTO, Calif.--(BUSINESS WIRE)--June 24, 1997--Legato Systems, Inc. (NASDAQ:LGTO), a leader in the enterprise storage management software market, today announced support for Oracle8, Oracle's next-generation database for network computing.Legato is delivering a new ...

MegaWorld launches new advertising agency.

Jun 24, 1997 ... NEW YORK--(BUSINESS WIRE)--June 24, 1997--MegaWorld, Inc. (symbol NSVI) today announced the formation of a new advertising agency under the direction of Irwin C. ("Win") Roll, President of MegaWorld. The new agency will be called ICR International Advertising, Inc., and will be a wholly ...

Hilton HHonors Worldwide gives members new option to earn, redeem points for "virtual" visits via its TeleSuite Network.

Jun 24, 1997 ... BEVERLY HILLS, Calif.--(BUSINESS WIRE)--June 24, 1997--Members of the Hilton HHonors Worldwide guest reward program are just a "virtual" visit away from family and co-workers with a new opportunity to redeem HHonors points for use of the Hilton TeleSuite Network.TeleSuite ...

First independent Internet Commerce Service Provider brings commerce to Web sites at an affordable cost.

Jun 24, 1997 ... NASHUA, N.H.--(BUSINESS WIRE)--June 24, 1997-- ICOMS Launches MerchantTrax Electronic Commerce Service; Announces Strategic Alliances with Utopia, Open Market, BBN In New Hampshire, it's Tax Free for Internet CommerceNow any ...

PacificAmerica announces amendment and expansion of loan sale and securitization agreement with Advanta.

Jun 24, 1997 ... WOODLAND HILLS, Calif.--(BUSINESS WIRE)--June 24, 1997-- PacificAmerica Money Center Inc. (NASDAQ:PAMM) Tuesday announced that it has amended and expanded its loan sale and securitization agreement with Advanta Mortgage Conduit Inc. and Advanta Mortgage USA Inc. (Advanta)....

3Com announces record revenues for fourth quarter and fiscal 1997.

Jun 24, 1997 ... SANTA CLARA, Calif.--(BUSINESS WIRE)--June 24, 1997--Global networking leader 3Com Corporation (NASDAQ: COMS) today announced record revenues for the fourth quarter and fiscal year ended May 31, 1997.For the quarter, sales of $829.9 million increased 26% from the fourth ...

Portland General shareholders overwhelmingly support PGE/Enron merger a second time.

Jun 24, 1997 ... PORTLAND, Ore.--(BUSINESS WIRE)--June 24, 1997--A solid majority of Portland General Corporation's shareholders voted in favor of the company's proposed merger with Enron. The vote marks the final shareholder approval necessary for the two companies to merge.Ninety-seven ...

Board of directors declare 33% stock dividend.

Jun 24, 1997 ... PHILADELPHIA--(BUSINESS WIRE)--June 24, 1997--The board of directors of USABancShares Inc. (NASDAQ:USAB) Tuesday declared a 33% stock dividend, payable July 18 to shareholders of record as of July 1, 1997."We are pleased with our results over the last year both in terms of ...

Public Storage Inc. and Public Storage Properties XVI Inc. announce consummation of merger.

Jun 24, 1997 ... GLENDALE, Calif.--(BUSINESS WIRE)--June 24, 1997--Public Storage Inc. (NYSE:PSA) and Public Storage Properties XVI Inc. (PSP16) Tuesday announced that the merger between PSP16 and PSA was consummated on June 24, 1997.Two types of payments will be made to shareholders of ...