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PR Newswire articles from Friday, March 3

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19950303" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, March 3:

AUTOZONE REPORTS FISCAL 2ND QUARTER EPS OF 16 CENTS VS. 14 CENTS; INCREASES PROJECTED STORE OPENINGS FOR FY 95 TO 205 FROM 180

Mar 03, 1995 ... MEMPHIS, Tenn., March 3 /PRNewswire/ -- J.R. Hyde III, chairman and chief executive of AutoZone, Inc. (NYSE: AZO), announced that AutoZone's net income for the 12 weeks ended February 11 increased 14% to $23.8 million from $20.9 million for the fiscal second quarter of 1994. Earnings per ...

CCA TO MANAGE 2,000 BEDS IN TEXAS; LARGEST PRIVATE-SECTOR FACILITY

Mar 03, 1995 ... NASHVILLE, Tenn., March 3 /PRNewswire/ -- Corrections Corporation of America (NYSE: CXC) today announced it has signed a contract to manage 2,000 state jail beds in Dallas, Texas. The facility is the largest awarded to private-sector management to date, and it is expected to generate ...

CHAMPION PARTS REPORTS FOURTH QUARTER AND YEAR-END LOSS

Mar 03, 1995 ... OAK BROOK, Ill., March 3 /PRNewswire/ -- Champion Parts, Inc. (Nasdaq-NNM: CREB) today reported a loss for the fourth quarter of 1994 and the year ended Jan. 1, 1995. The net loss for 1994 was $5,839,000, or $1.60 per share, compared to net income of $1,813,000, or 50 cents per share in ...

MICHAEL G. STOLARIK JOINS SPACE APPLICATIONS AS PRESIDENT AND CHIEF EXECUTIVE OFFICER

Mar 03, 1995 ... SANTA ANA, Calif., March 3 /PRNewswire/ -- Michael G. Stolarik was named the new president and chief executive officer of Space Applications Corp. (SAC) it was announced today by Roger H. Skinner, SAC's board chairman.Skinner said that Stolarik was hired to expand SAC's position in ...

INTERNATIONAL TECHNOLOGY CORP. DECLARES QUARTERLY DIVIDEND ON CUMULATIVE CONVERTIBLE EXCHANGEABLE PREFERRED STOCK

Mar 03, 1995 ... TORRANCE, Calif., March 3 /PRNewswire/ -- International Technology Corp. (NYSE: ITX) today declared a quarterly dividend to holders of its 7% Cumulative Convertible Exchangeable Preferred Stock. The dividends are payable March 31, 1995, to holders of record on March 15, 1995. Dividends are ...

DEKALB ENERGY REPORTS IMPROVED EARNINGS FOR 1994: GAS DELIVERABILITY UP SUBSTANTIALLY

Mar 03, 1995 ... CALGARY, Alberta, March 3 /PRNewswire/ -- DEKALB Energy Co. (Nasdaq-NNM: ENRGB; Toronto: DKB.B) said today that higher natural gas prices for most of 1994 led to improved full-year financial results. For the year ended Dec. 31, 1994, the company reported net earnings of $6.8 million, or 71 ...

CIMCO NARROWS LOSSES IN THIRD FISCAL QUARTER OF 1995

Mar 03, 1995 ... COSTA MESA, Calif., March 3 /PRNewswire/ -- CIMCO Inc. (Nasdaq: CIMC) today reported a sharply narrowed loss and higher sales for its third fiscal quarter.For the three months ended Jan. 31, 1995, CIMCO's net loss totaled $146,000, or $.05 per share, compared with a net loss for ...

MUSICLAND STORES CORPORATION SELECTS BETH HEMING

Mar 03, 1995 ... MINNEAPOLIS, March 3 /PRNewswire/ -- Musicland Stores Corporation (NYSE: MLG) today announced that Beth A. Heming will join the company on March 20 as Director of Planning and Analysis. Heming, 35, will leave her post as Managing Director and Senior Research Analyst of specialty retailing ...

HOWTEK PRIMESOURCE SIGN NEW AGREEMENT FOR DRUM SCANNER DISTRIBUTION

Mar 03, 1995 ... HUDSON, N.H., March 3 /PRNewswire/ -- Howtek, Inc. (AMEX: HTK) and New Jersey based PrimeSource announced today the signing of a new distribution agreement. According to the agreement the Phillips & Jacobs, Onondaga and Prime Systems division of PrimeSource will increase their marketing and ...

XENOVA REPORTS FINANCIAL RESULTS FOR 1994 FOURTH QUARTER AND YEAR END

Mar 03, 1995 ... SLOUGH, England, March 3 /PRNewswire/ -- Xenova Group plc (Nasdaq: XNVAZ and XNVAY) today announced financial results for the fourth quarter and year ended December 31, 1994.Revenues for the fourth quarter, primarily from drug discovery collaborations with corporate partners, were ...

TOY BIZ, INC. CLOSING OF INITIAL PUBLIC OFFERING

Mar 03, 1995 ... NEW YORK, March 3 /PRNewswire/ -- Toy Biz, Inc. (NYSE: TBZ) announced the closing of the initial public offering of 3,000,000 shares of its Class A Common Stock, including 700,000 shares by a selling stockholder. The Company also sold an additional 450,000 shares of Class A Common Stock ...

WITCO CORPORATION ADOPTS SHAREHOLDER RIGHTS PLAN

Mar 03, 1995 ... GREENWICH, Conn., March 3 /PRNewswire/ -- Witco Corporation (NYSE: WIT) announced that its Board of Directors unanimously approved a shareholder rights plan. The rights plan is designed to protect Witco's shareholders against abusive takeover tactics, including acquisition of control ...

VENTURE STORES, INC. REPORTS FISCAL 1994 EARNINGS PER SHARE OF $1.53

Mar 03, 1995 ... O'FALLON, Mo., March 3 /PRNewswire/ -- Venture Stores, Inc. (NYSE: VEN) reported sales of $2,017.3 million in 1994 versus $1,862.6 million in 1993, an increase of 8.3 percent. Comparable store sales were essentially unchanged compared to last year. The Company reported earnings per ...

NEW DIRECTOR ELECTED TO SANTA FE PACIFIC BOARD

Mar 03, 1995 ... SCHAUMBURG, Ill., March 3 /PRNewswire/ -- John J. Burns, Jr., president and chief executive officer of Alleghany Corporation (NYSE: Y), has been elected to Santa Fe Pacific's board of directors effective March 28, 1995.Robert D. Krebs, chairman, president and chief executive ...

FEMSA ANNOUNCES FOURTH QUARTER AND YEAR-END RESULTS

Mar 03, 1995 ... MEXICO CITY, March 2 /PRNewswire/ -- Fomento Economico Mexicano, S.A. de C.V. or FEMSA (PORTAL: FEMSYP), Mexico's leading producer of beer and soft drinks, today announced results for the fourth quarter and year ended December 31, 1994.In 1994, FEMSA achieved two important goals ...

CLARIDGE REPORTS 1994 RESULTS

Mar 03, 1995 ... ATLANTIC CITY, N.J., March 3 /PRNewswire/ -- The Claridge Hotel and Casino Corporation, operator of the Claridge Casino Hotel, today reported a $6.9 million loss for the year ended December 31, 1994. Net revenues for the year were $190.8 million compared with $189.7 million in 1993 when the ...

INTELLIGENT SYSTEMS ANNOUNCES 1994 YEAR-END RESULTS

Mar 03, 1995 ... NORCROSS, Ga., March 3 /PRNewswire/ -- Intelligent Systems Corporation (AMEX: INS) announced today its financial results for the year ended December 31, 1994. In June 1994, the Company discontinued its European Distribution Business, an operation which had revenues of $47,234,000 in 1993. ...

CROSSMANN COMMUNITIES REPORTS STRONG JANUARY AND FEBRUARY SALES

Mar 03, 1995 ... INDIANAPOLIS, March 3 /PRNewswire/ -- Crossmann Communities, Inc. (Nasdaq: CROS) today reported closings and new sales results for the first two months of 1995. <Pre> 19941995 New Home Closings, January and February ...

BARRETT RESOURCES ANNOUNCES INCREASED DENSITY APPROVAL

Mar 03, 1995 ... DENVER, March 3 /PRNewswire/ -- Barrett Resources Corp. (NYSE: BRR) announced today that the Colorado Oil and Gas Conservation Commission has given verbal approval to Barrett's application for increased well density for 81 sections in the Grand Valley, Parachute and Rulison Fields of the ...

TOYOTA'S SOUTH FLORIDA-AREA RETAIL SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's 14 South Florida-area dealers today reported a 31-percent hike in retail truck sales and a four-percent gain in retail car sales in February over the same month last year.February sales in the five-state region served by Southeast Toyota ...

TOYOTA'S ORLANDO-AREA RETAIL SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's four Orlando-area dealers today reported a 231-percent hike in retail truck sales and an 18-percent gain in retail car sales in February over the same month last year.February sales in the five-state region served by Southeast Toyota ...

TOYOTA'S JACKSONVILLE-AREA RETAIL SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's four Jacksonville-area dealers today reported a 25-percent gain in retail truck sales and a nine-percent hike in retail car sales in February over the same month last year.February sales in the five-state region served by Southeast Toyota ...

TOYOTA'S RALEIGH DURHAM-AREA TRUCK SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's three Raleigh/Durham-area dealers report a 65-percent increase in retail pickup truck sales in February over the same month last year.In the five-state region served by Southeast Toyota Distributors, Inc., retail pickup truck sales in ...

TOYOTA'S ATLANTA-AREA TRUCK SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's 13 Atlanta-area dealers report a 15-percent increase in retail pickup truck sales in February over the same month last year.In the five-state region served by Southeast Toyota Distributors, Inc., retail pickup truck sales in February advanced ...

TOYOTA'S CHARLOTTE-AREA TRUCK SALES CLIMB IN FEBRUARY

Mar 03, 1995 ... MIAMI, March 3 /PRNewswire/ -- Toyota's five Charlotte-area dealers report a four-percent increase in retail pickup truck sales in February over the same month last year.In the five-state region served by Southeast Toyota Distributors, Inc., retail pickup truck sales in February ...

WINNERS ENTERTAINMENT ANNOUNCES RESULTS OF EXPANDED VIDEO LOTTERY OPERATIONS AT MOUNTAINEER RACE TRACK & RESORT FOR JANUARY, FEBRUARY 1995

Mar 03, 1995 ... Construction Is On Schedule At Mountaineer Clubhouse & GrandstandSAN JUAN CAPISTRANO, Calif., March 3 /PRNewswire/ -- Winners Entertainment Inc. (Nasdaq: WINS) announced today the results of operations for January and February 1995 of its 400 video lottery machines at Mountaineer ...

CORTEX EXTENDS CLASS A, CLASS B AND CLASS C WARRANTS

Mar 03, 1995 ... IRVINE, Calif., March 3 /PRNewswire/ -- Cortex Pharmaceuticals Inc. (Nasdaq: CORX) today announced that it was extending the period of time over which its Class A (Nasdaq: CORXW), Class B and Class C warrants may be exercised to Dec. 31, 1995.The Class C warrants were issued in a ...

TED TEMPLEMAN TO GUEST ON CYBER-TALK(TM) MARCH 6TH

Mar 03, 1995 ... BURBANK, Calif., March 3 /PRNewswire/ -- Legendary Record Producer Ted Templeman will be the featured guest on the Monday, March 6th edition of Warner Bros. Records' weekly interactive talk show, Cyber-Talk. Templeman, producer of such bands as Van Halen, Doobie Brothers, Aerosmith and Van ...

BENTON OIL AND GAS COMPANY ANNOUNCES RECEIPT OF RUSSIAN OIL EXPORT TARIFF EXEMPTION

Mar 03, 1995 ... CARPINTERIA, Calif., March 3 /PRNewswire/ -- Benton Oil and Gas Co. (Nasdaq-NNM: BNTN) announced that its Russian joint venture, GEOILBENT Ltd., has received an exemption from the Russian oil export tariff. The GEOILBENT exemption provides relief from the oil export tariff currently at 23 ...

COUNTRYWIDE'S SERVICING PORTFOLIO GREW BY 34 PERCENT IN FISCAL 1995

Mar 03, 1995 ... PASADENA, Calif., March 3 /PRNewswire/ -- Countrywide Credit Industries Inc. (NYSE: CCR), the nation's largest residential mortgage lender and servicer, announced today that the company's servicing portfolio increased to $113.1 billion at Feb. 28, 1995, 34 percent higher than the $84.6 ...

MDI SIGNS DEFINITIVE AGREEMENT WITH INVESTOR

Mar 03, 1995 ... SALT LAKE CITY, March 3 /PRNewswire/ -- Medical Discoveries Inc. (MDI) (OTC: MLSC) has signed today a definitive agreement with Trust Management Co. in California for the investment of up to $5.0 million in exchange for 5.0 million shares of common stock. Of this $5.0 million, MDI has ...

CONSOLIDATED RAMROD GOLD CORPORATION ADDITIONAL HONDURAS DRILLING RESULTS

Mar 03, 1995 ... VANCOUVER, British Columbia, March 3 /PRNewswire/ -- Consolidated Ramrod Gold Corp. (Nasdaq SmallCap: CYNXF; Toronto) has received assays from an additional 14 core drill holes completed on the Chaparrales Exploration Permit, Honduras. Assay results continue to define multiple ...

OUT-TAKES INC. SIGNS LETTER OF INTENT WITH PHOTO CORPORATION OF AUSTRALIA

Mar 03, 1995 ... LOS ANGELES, March 3 /PRNewswire/ -- Out-Takes Inc. (OTC BULLETIN BOARD: OUTT) announced today that it has signed a non-binding letter of intent to issue 5,440,000 shares in a private placement that will result in Photo Corporation of Australia Pty. Ltd. (PCA) owning a controlling interest ...

TEENS ACROSS THE COUNTRY CAN BECOME RADIO STARS WITH 3M BUF-PUF SPONGES' NEW INTERACTIVE TELEPHONE "TALK LINE"

Mar 03, 1995 ... ST. PAUL, Minn., March 3 /PRNewswire/ -- Becoming a radio star now can be as easy as picking up the phone. Teens can "audition" for a part in a national radio commercial for 3M Buf-Puf Sponges simply by leaving a message on the "Talk Line," an interactive telephone program debuting this ...

GARNET ANNOUNCES DRILLING RESULTS

Mar 03, 1995 ... HOUSTON, March 3 /PRNewswire/ -- Garnet Resources Corporation (Nasdaq: GARN) reported that test results on its Mary #3 well in Colombia indicate an estimated production rate on pump in excess of 2,000 barrels per day of 28 degree - 30 degree gravity oil. The well was tested through selected ...

DATABASE COMPANY TAKES THE CONFUSION OUT OF SHOPPING FOR LONG DISTANCE

Mar 03, 1995 ... HOUSTON, March 3 /PRNewswire/ -- The following was released today by Planetel Corporation:Talk about a David and Goliath story. A small, Texas-based company is taking advantage of the confusion created by the marketing wars and advertising blitz of the "Big 3" long distance ...

EXCELLENT INTERSECTION RESULT OF 46 OUNCES GOLD PER TONNE DEMONSTRATES THE UPSIDE POTENTIAL OF THE OVERALL BRONZEWING PROJECT

Mar 03, 1995 ... MELBOURNE, Victoria, Australia, March 3 /PRNewswire/ -- Great Central Mines N.L. (Nasdaq-ADR: GTCMY) reports an intersection from a diamond core drill hole of 10 feet at 46 ounces per tonne ("oz/t") gold from a depth of 600 feet in the Western Zone at Bronzewing.This ...

ANANGEL-AMERICAN SHIPHOLDINGS LIMITED REPORTS SIX MONTH NET EARNINGS AND DECLARES 50 CENTS INTERIM DIVIDEND

Mar 03, 1995 ... PIRAEUS, Cayman Islands, March 3 /PRNewswire/ -- Anangel-American Shipholdings Limited (Nasdaq: ASIPY) today reported net income for the six month period ending December 31, 1994 decreased to $5,196,000 or $0.33 per share from $9,194,000 or $0.58 per share a year ago. The comparable three ...

CALI REALTY CORPORATION ANNOUNCES ACQUISITION

Mar 03, 1995 ... CRANFORD, N.J., March 3 /PRNewswire/ -- Cali Realty Corporation (NYSE: CLI) has acquired a Northern New Jersey office building known as 17-17 Route 208 in Fairlawn, New Jersey. The announcement was made today by Thomas A. Rizk, president and chief financial officer.17-17 Route 208 ...

THE IMMUNE RESPONSE CORPORATION REGAINS ALL RIGHTS TO HIV IMMUNOTHERAPEUTIC FROM RHONE-POULENC RORER INC.

Mar 03, 1995 ... CARLSBAD, Calif., and COLLEGEVILLE, Pa., March 3 /PRNewswire/ -- The Immune Response Corporation (Nasdaq: IMNR) and Rhone-Poulenc Rorer Inc. (NYSE: RPR) jointly announced today that The Immune Response Corporation has regained all manufacturing, marketing and distribution rights for the HIV ...

FIRST AMERICAN HEALTH CARE WILL CHALLENGE GOVERNMENT CHARGES

Mar 03, 1995 ... Largest Privately Owned Home Health Care Firm in U.S. SaysRecent Government Threats to Close It Down Are UnwarrantedBRUNSWICK, Ga., March 3 /PRNewswire/ -- First American Health Care today said it will vigorously defend itself against federal government attempts to ...

MRS. WINNER'S CHICKEN & BISCUITS OFFERS REWARD FOR INFORMATION ABOUT MISSING EMPLOYEE

Mar 03, 1995 ... ATLANTA, March 3 /PRNewswire/ -- Mrs. Winner's Chicken & Biscuits is offering a $10,000 reward for information leading to the arrest and conviction of persons involved in the alleged abduction of Brian Kelley Anglin.Anglin, 23, the restaurant shift supervisor of Mrs. Winner's at ...

DISCUSSIONS BEGIN ON FUTURE REGULATORY ENVIRONMENT

Mar 03, 1995 ... ROCHESTER, N.Y., March 3 /PRNewswire/ -- Rochester Gas and Electric Corp. (NYSE: RGS) announced that is has initiated discussions on potential changes in the utility industry which could mean more competition and less traditional regulation.RG&E welcomes the coming of this new era ....

NORD RESOURCES CORPORATION UPDATE ON SIERRA RUTILE LIMITED

Mar 03, 1995 ... DAYTON, Ohio, March 3 /PRNewswire/ -- Further to the announcements concerning suspended operations at Nord Resources Corporation's (Nord) (NYSE: NRD) 50%-owned rutile mine in Sierra Leone, West Africa, Nord advises that it has received information that rebel activity has continued at the ...

HEILIG-MEYERS REPORTS FEBRUARY SALES

Mar 03, 1995 ... RICHMOND, Va., March 3 /PRNewswire/ -- Heilig-Meyers Company (NYSE: HMY), the Richmond-based home furnishings retailer, today reported sales results for the month of February 1995. Net sales for the month increased approximately 11.2% to an estimated $71.6 million compared to $64.4 million ...

AT&T OPPOSES LIFTING RESTRICTIONS ON FOREIGN OWNERSHIP IN U.S. COMMUNICATIONS INDUSTRY

Mar 03, 1995 ... Urges Congress Tie Ban Removal to U.S. Entry Into Closed Foreign MarketsWASHINGTON, March 3 /PRNewswire/ -- An AT&T (NYSE: T) executive today urged that Congress permit foreign businesses to invest in the U.S. communications industry when their home markets are effectively opened ...

CAMDESSUS EXPRESSES SUPPORT FOR US$1.8 BILLION OF IMF CREDITS FOR UKRAINE

Mar 03, 1995 ... WASHINGTON, March 3 /PRNewswire/ -- Michel Camdessus, Managing Director of the International Monetary Fund, said today he had received a request from the Ukrainian authorities for a 12-month stand-by arrangement for Special Drawing Rights (SDR) 997.3 million (about US$1,492 million) in ...

MCI DONATION PROVIDES FIBER OPTIC TRAINING City Streets are Students' On-Ramp to Info Superhighway

Mar 03, 1995 ... LOS ANGELES, March 3 /PRNewswire/ -- Single mom Florence Laleau doesn't have a telephone. And she doesn't own a car. But Florence does have an on-ramp to a better future, with millions of miles of open road ahead, due to her training as a fiber optic technician -- training funded by MCI ...

CHRYSLER MINIVANS, FAMILY SEDANS WIN RALPH NADER'S AIR BAG CELEBRITY PLEDGE COMPETITION

Mar 03, 1995 ... WASHINGTON, March 3 /PRNewswire/ -- If safety-minded consumers want to follow the lead of Paul Newman, Bill Murray, Abigail Van Buren and seven other celebrities, their next new automobile will come from Chrysler Corporation.Chrysler President Robert A. Lutz today accepted top ...

AUSTINS STEAKS & SALOON INC. REPORTS FOURTH QUARTER RESULTS

Mar 03, 1995 ... OMAHA, Neb., March 3 /PRNewswire/ -- Austins Steaks & Saloon Inc. (Nasdaq: STAK) today reported fourth quarter revenues of $2.2 million and a net loss of $54,000. For the year ended Dec. 31, 1994, pro forma revenues and net income were $8.9 million and $18,000, respectively, compared to pro ...

COMMUNICATIONS COMPETITION WOULD CREATE 129,700 JOBS FOR FLORIDA; STUDY HIGHLIGHTS BOOM IN JOBS, CONSUMER SAVINGS AND NEW SERVICES

Mar 03, 1995 ... WASHINGTON, D.C., March 3 /PRNewswire/ -- Full and immediate competition in the communications industry would create 129,700 new jobs in Florida by the year 2000, according to a study released by The WEFA Group, a prestigious international economic forecasting firm. The study concludes that ...

AMERICA WEST AIRLINES IDENTIFIES REDUCTIONS IN FORCE AS PART OF STRATEGIC RESTRUCTURING PLAN

Mar 03, 1995 ... PHOENIX, March 3 /PRNewswire/ -- America West Airlines (NYSE: AWA) today identified a reduction in force of approximately 700 employees as part of a strategic restructuring program announced in January. At that time, the airline said the streamlining process would reduce America West's work ...

PARACELSIAN REMOVES C FROM TRADING SYMBOL

Mar 03, 1995 ... ITHACA, N.Y., March 3 /PRNewswire/ -- Paracelsian Inc. (Nasdaq: PRLN) announced today that it is in compliance with all requirements necessary for continued listing on the Nasdaq SmallCap Market, based upon a review of the company's Form 10-QSB for the quarter ended Dec. 31, 1994. ...

THERMO VOLTEK ACQUIRES KALMUS ENGINEERING

Mar 03, 1995 ... WOBURN, Mass., March 3 /PRNewswire/ -- Thermo Voltek Corp. (AMEX: TVL) announced today that its KeyTek Instrument division has acquired substantially all of the assets of Kalmus Engineering Incorporated and its subsidiary, R.F. Power Labs, Inc., for approximately $3.6 million, subject to a ...

LUXOTTICA GROUP S.p.A. COMMENCES TENDER OFFER FOR THE COMMON SHARES OF THE UNITED STATES SHOE CORPORATION

Mar 03, 1995 ... NEW YORK, and MILAN, Italy, March 3 /PRNewswire/ -- Luxottica Group S.p.A. and Luxottica Acquisition Corp., an indirect wholly owned subsidiary of Luxottica Group S.p.A. (NYSE: LUX), announced today that they had commenced a tender offer (the "Offer") to acquire all outstanding common ...

C O R R E C T I O N -- EMPRESAS ICA (Correction Notice)

Mar 03, 1995 ... In NY014, Empresas ICA Reports Fourth Quarter And Year-End Results, moved earlier today, we are advised by a representative of the Company that the first chart, titled Unaudited Consolidated Statements of Income, the column headings <Pre> should read "Dec'94 Dec'93", ...

AVIVA REPORTS SUCCESSFUL TESTING OF ITS MARY #3 WELL IN COLOMBIA PROJECTED PRODUCTION IN EXCESS OF 2,000 BARRELS PER DAY

Mar 03, 1995 ... Esperanza Exploratory Well Drilling; Pipeline River Crossing CompletedDALLAS, March 3 /PRNewswire/ -- Aviva Petroleum, Inc., (AMEX: "AVV.EC"), the Dallas-based oil and gas exploration and production company, reports that its Mary #3 development well in the Putumayo region of ...

GP FINANCIAL BOARD APPROVES PURCHASE OF UP TO 2,744,600 MILLION SHARES OF COMMON STOCK

Mar 03, 1995 ... NEW YORK, March 3 /PRNewswire/ -- GP Financial Corp. (GNPT) (Nasdaq-NNM: GNPT) announced today that its Board of Directors has authorized GP to purchase up to 2,744,600 shares of its common stock, or up to 5% of the total shares outstanding, from time to time, depending upon market ...

STANDARD & POOR'S MAINTAINS RATING FOR BANAMEX'S DOLLAR DEBT; PESO RATING DOWNGRADED; REMAINS INVESTMENT GRADE

Mar 03, 1995 ... MEXICO CITY, March 3 /PRNewswire/ -- Standard & Poor's confirmed the BB stable outlook rating for the foreign currency long-term debt of Banco Nacional de Mexico ("Banamex"). The agency said that "the stable outlook on the foreign currency debt continues to mirror the stable outlook on the ...

BANAMEX TO HAVE NO DIFFICULTY COMPLYING WITH NEW RESERVE REQUIREMENTS; JANUARY CAPITALIZATION REMAINS 10.1%

Mar 03, 1995 ... MEXICO CITY, March 3 /PRNewswire/ -- In the Executive Board Meeting of Grupo Financiero Banamex-Accival ("Banacci") held yesterday, management announced that effective March 31, Banco Nacional de Mexico ("Banamex") will have no difficulty in fully complying with the new levels of required ...

ENVIRONMENTAL RECOVERY SYSTEMS, INC. PAYS $2.7 MILLION TO COMPLETE NEVADA RECYCLING, INC. ACQUISITION

Mar 03, 1995 ... Converts $2.3 Million In Short Term Debt To Long Term Debt <Pre> Raises $1.2 Million From Private Placement Of Stock </Pre> DENVER, March 3 /PRNewswire/ -- Environmental Recovery Systems, Inc. (OTC BB: ERCV), announced today it paid $2.7 million due on its previously ...

MITCHELL ENERGY SELLS INTERESTS IN 28 SOUTH TEXAS WELLS FOR $2.7 MILLION

Mar 03, 1995 ... THE WOODLANDS, Texas, March 3 /PRNewswire/ -- Mitchell Energy & Development Corp. has completed the sale of its interests in 28 wells in Colorado, Matagorda and Lavaca counties, Texas, to Shana Petroleum Company of Natchez, Miss., for $2.7 million.The wells, which produce a total ...

DELTA AIR LINES REPORTS FEBRUARY TRAFFIC RESULTS

Mar 03, 1995 ... ATLANTA, March 3 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported traffic results for February 1995.Revenue passenger miles (RPMs) totaled 5.946 billion during February, a 2.2 percent increase from the same month a year ago. Capacity increased 0.1 percent to 9.691 billion ...

CAROLINA FREIGHT CARRIERS CORPORATION RECEIVES QUALITY SERVICE AWARD

Mar 03, 1995 ... CHERRYVILLE, N.C., March 3 /PRNewswire/ -- Carolina Freight Carriers Corporation (CFCC) has been awarded The Quality Service Award by QSP Distribution Services, Incorporated (Conyers, Georgia) for outstanding less-than-truckload (LTL) service. QSP, Inc. is a subsidiary of The Readers Digest ...

CCAIR REPORTS TRAFFIC FOR FEBRUARY

Mar 03, 1995 ... CHARLOTTE, N.C., March 3 /PRNewswire/ -- CCAIR, Inc. (Nasdaq-NNM: CCAR), an independent airline providing service as USAir Express in the southeast United States, reported performance results today for February 1995.Throughout its system, the USAir Express carrier operates an ...