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PR Newswire articles from Friday, May 3

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19960503" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, May 3:

BEAZER HOMES USA DECLARES PREFERRED STOCK DIVIDEND

May 03, 1996 ... ATLANTA, May 3 /PRNewswire/ -- Beazer Homes USA, Inc. (NYSE: BZH) today announced that on May 2, 1996 its Board of Directors declared a dividend on its Series A Cumulative Convertible Exchangeable Preferred Stock (Liquidation Preference $25.00 per share).The dividend will be ...

SHOPKO STORES DECLARES QUARTERLY DIVIDEND

May 03, 1996 ... GREEN BAY, Wis., May 3 /PRNewswire/ -- Shopko Stores, Inc., (NYSE: SKO) reported that its Board of Directors approved payment of the eighteenth consecutive quarterly dividend which will be paid at the rate of $0.11 per share. This dividend is payable on June 15, 1996 to all shareholders of ...

AMYLIN PHARMACEUTICALS REPORTS FIRST QUARTER FINANCIAL RESULTS

May 03, 1996 ... SAN DIEGO, May 3 /PRNewswire/ -- Amylin Pharmaceuticals, Inc. (Nasdaq: AMLN) today reported a net loss of $6.6 million, or $0.24 per share, for the first quarter ended March 31, 1996 as compared to a net loss of $11.2 million, or $0.54 per share, for the 1995 first quarter. The decrease in ...

DCX, INC. REPORTS SECOND-QUARTER PROFIT VERSUS LOSS; REVENUE TRIPLES

May 03, 1996 ... FRANKTOWN, Colo., May 3 /PRNewswire/ -- DCX, Inc. (Nasdaq: DCXI), benefiting from consolidation and outsourcing trends in the defense industry, today reported earnings of $134,318, or three cents a share, for the fiscal second quarter ended March 31, versus a loss of $137,053, or four cents ...

NEURO NAVIGATIONAL CORPORATION ANNOUNCES 1996 FIRST QUARTER RESULTS

May 03, 1996 ... COSTA MESA, Calif., May 3 /PRNewswire/ -- Neuro Navigational Corporation (Toronto: NRO) reported a net loss of US$784,075 or $0.08 per share for the quarter and year to date ended March 31, 1996. This compares with a net loss of US$862,727 or $0.09 per share for the quarter and year to date ...

ALLIED HEALTHCARE PRODUCTS REPORTS THIRD QUARTER/NINE MONTH RESULTS; ANNOUNCES MANAGEMENT RESTRUCTURING

May 03, 1996 ... ST. LOUIS, May 3 /PRNewswire/ -- Allied Healthcare Products, Inc. (Nasdaq-NNM: AHPI) today reported net sales of $30,334,242 for its third quarter ended March 31, 1996, down from $31,642,863 last year. Net income for the same period was $977,836, or $0.12 per share, based upon a 26 percent ...

ARIAD REPORTS INCREASED REVENUES AND A REDUCTION IN NET LOSS FOR THE FIRST QUARTER ENDED MARCH 31, 1996

May 03, 1996 ... CAMBRIDGE, Mass., May 3 /PRNewswire/ -- ARIAD Pharmaceuticals, Inc. (Nasdaq: ARIA) today reported total revenues of $2.4 million for the first quarter of 1996, an increase of $1.9 million over the first quarter of 1995. ARIAD recorded a net loss of $2.1 million or $.11 per share for the ...

AUTOIMMUNE INC. REPORTS FIRST QUARTER 1996 FINANCIAL RESULTS

May 03, 1996 ... LEXINGTON, Mass., May 3 /PRNewswire/ -- AutoImmune Inc. (Nasdaq: AIMM) today reported a net loss of $4,114,000, or $0.25 per share, for the quarter ended March 31, 1996, compared with a net loss of $3,785,000, or $0.32 per share, for the same quarter a year earlier. Research and development ...

CANADA SOUTHERN SETS TERMS FOR STOCK SALE TO SHAREHOLDERS

May 03, 1996 ... CALGARY, Alberta, May 3 /PRNewswire/ -- Canada Southern Petroleum Ltd. (Nasdaq: CSPLF; Toronto, Boston, and Pacific Stock Exchange: CSW) said its Board of Directors has authorized an offering of approxiamately 1.3 million shares of limited voting stock to the company's shareholders. ...

NETWORK IMAGING NAMES JORGE RAUL FORGUES CFO

May 03, 1996 ... HERNDON, Va., May 3 /PRNewswire/ --Network Imaging Corporation (Nasdaq-NNM: IMGX) said today it appointed Jorge Raul Forgues, C.P.A., as the company's chief financial officer.Mr. Forgues, 40, joined Network Imaging from Fairfax, Va.-based Globalink, Inc, a machine translation ...

SUBURBAN PROPANE REPORTS 14% INCREASE IN SECOND QUARTER EARNINGS

May 03, 1996 ... WHIPPANY, N.J., May 3 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE: SPH) today reported improved results for the three and six months ended March 30, 1996.Suburban Propane's pro forma net income increased 14% in its second quarter ended March 30, 1996 to $36.5 million ...

TEL-SAVE HOLDINGS ANNOUNCES RECORD REVENUES AND PROFITS FOR FIRST QUARTER 1996

May 03, 1996 ... NEW HOPE, Pa., May 3 /PRNewswire/ -- Tel-Save Holdings, Inc. (Nasdaq: TALK), a nationwide provider of long distance services, today announced record revenues and profits for first quarter 1996.For the quarter ended March 31, 1996, revenues totaled $51.1 million, an increase of ...

PHYSICIAN SUPPORT SYSTEMS APPOINTS DAVID GELLER CHIEF FINANCIAL OFFICER

May 03, 1996 ... MT. JOY, Pa., May 3 /PRNewswire/ -- Physician Support Systems, Inc. (Nasdaq: PHSS) today announced it has appointed David S. Geller Senior Vice President and Chief Financial Officer. The position was previously held by Hamilton F. Potter III, who will remain Executive Vice President and ...

XAVIER MINES LTD. ANNOUNCES YEAR END 1995 FINANCIAL RESULTS

May 03, 1996 ... HOUSTON, May 3 /PRNewswire/ -- Xavier Mines Ltd. (Alberta Stock Exchange: XZX) ("Xavier") announces 1995 financial results and the beginning of discussions concerning a potential European financing, as follows:Year end 1995 financial results (in Canadian dollars)Xavier ...

HORIZON ANNOUNCES FIRST QUARTER FFO (NEW DEFINITION) OF $.70 PER SHARE; FFO (OLD DEFINITION) IS $.71 PER SHARE

May 03, 1996 ... NORTON SHORES, Mich., May 3 /PRNewswire/ -- HGI Realty, Inc., "Horizon," (NYSE: HGI), a leading developer, owner and operator of outlet centers, today announced Funds From Operations (FFO) of $17.8 million, or $.70 per share, for the first quarter ended March 31, 1996, based on the March ...

CERTAINTEED ANNOUNCES INTENTION TO TERMINATE ACQUISITION OF BIRD

May 03, 1996 ... VALLEY FORGE, Pa., May 3 /PRNewswire/ -- CertainTeed Corporation announced that it informed Bird Corporation that CertainTeed has concluded that certain conditions to the pending tender offer by a CertainTeed subsidiary for the outstanding common stock and preference stock of Bird will not ...

NOVAVAX REPORTS FIRST QUARTER RESULTS

May 03, 1996 ... ROCKVILLE, Md., May 3 /PRNewswire/ -- Novavax, Inc. (AMEX: NOX) today reported its financial results for the quarter ended March 31, 1996.The company reported no revenues and a net loss of $1,211,182, equal to a loss of $.12 per share based on 9,942,936 shares outstanding, compared ...

THE MACERICH COMPANY REPORTS 19 PERCENT GROWTH IN FIRST QUARTER FFO PER SHARE

May 03, 1996 ... SANTA MONICA, Calif., May 3 /PRNewswire/ -- The Macerich Company (NYSE: MAC) today reported funds from operations ("FFO") per share for the quarter ended March 31, 1996 increased by 19 percent to $0.45, compared to $0.38 per share for the quarter ended March 31,1995. Total FFO increased to ...

CARDIOTHORACIC SYSTEMS REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 1996

May 03, 1996 ... PORTOLA VALLEY, Calif., May 3 /PRNewswire/ -- CardioThoracic Systems, Inc. (CTS) (Nasdaq: CTSI) today announced results for the first quarter ended March 31, 1996. For the quarter, CTS reported a net loss of $3.7 million, or a net loss per share of $0.39.On April 23, 1996, CTS ...

URBAN SHOPPING CENTERS, INC. ANNOUNCES FIRST QUARTER FUNDS AVAILABLE FOR DISTRIBUTION INCREASED 8.0 PERCENT

May 03, 1996 ... CHICAGO, May 3 /PRNewswire/-- Urban Shopping Centers, Inc. (NYSE: URB) today announced funds available for distribution for the first quarter of 1996 increased 8.0 percent from the first quarter of 1995. Management stated that the primary factor in Urban's strong first quarter performance ...

DT INDUSTRIES REPORTS 72 PERCENT CLIMB IN NET EARNINGS, 3RD-QTR EPS REACHES 38c VS. 22c; SALES UP 48 PERCENT

May 03, 1996 ... LEBANON, Mo., May 3 /PRNewswire/ -- DT Industries, Inc. (Nasdaq: DTII) today reported third-quarter net income climbed 71.8 percent to $3.4 million, or 38 cents per share, from $2.0 million, or 22 cents per share, a year ago. For the quarter ended March 24, 1996, consolidated net sales rose ...

MARCUM NATURAL GAS SERVICES REPORTS FIRST QUARTER RESULTS

May 03, 1996 ... DENVER, May 3 /PRNewswire/ -- Marcum Natural Gas Services, Inc. (Nasdaq: MGAS), a diversified provider of products and services to the natural gas industry, today announced its first quarter results. Revenues for the first quarter totaled $5,851,046 versus $6,157,475 for the like period in ...

DTN ANNOUNCES RECORD REVENUES AND OPERATING CASH FLOW FOR FIRST QUARTER 1996

May 03, 1996 ... OMAHA, Neb., May 3 /PRNewswire/ -- Data Transmission Network Corporation (DTN)(Nasdaq-NNM: DTLN) announced today record revenues and record operating cash flow (operating income before depreciation and amortization expense) for the first quarter ended March 31,1996, compared to the first ...

RYDER SYSTEM DECLARES REGULAR QUARTERLY CASH DIVIDEND

May 03, 1996 ... MIAMI, May 3 /PRNewswire/ -- The board of directors of Ryder System, Inc. (NYSE: R) today declared a regular quarterly cash dividend of $0.15 per share of common stock, it was announced by Chairman, President and Chief Executive Officer M. Anthony Burns. The dividend will be paid on June ...

SEITEL REPORTS RECORD FIRST-QUARTER REVENUE & NET INCOME

May 03, 1996 ... HOUSTON, May 3 /PRNewswire/ -- Seitel, Inc. (NYSE: SEI), a seismic- technology company, reported today record results from continuing operations for the first quarter ended March 31, 1996.Revenue rose 22 percent to $20.3 million from $16.6 million in the 1995 first period. ...

SYSTEMIX REPORTS FIRST QUARTER RESULTS

May 03, 1996 ... PALO ALTO, Calif., May 3 /PRNewswire/ -- SyStemix, Inc. (Nasdaq: STMX) today reported its financial results for the first quarter ended March 31, 1996. Revenues totaled $1.47 million compared to $424,000 for the same period in 1995. Net loss was $10.35 million or ($.72) per share, versus ...

LIBBEY DECLARES QUARTERLY DIVIDEND

May 03, 1996 ... TOLEDO, Ohio, May 3 /PRNewswire/ -- Libbey Inc. (NYSE: LBY) announced that its Board of Directors declared the company's regular quarterly cash dividend of 7.5 cents per share. The dividend will be paid on June 6, 1996, to shareholders of record as of May 21, 1996. As of May 1, 1996, ...

PACE HEALTH MANAGEMENT SYSTEMS, INC. ANNOUNCES FIRST QUARTER RESULTS

May 03, 1996 ... WEST DES MOINES, Iowa, May 3 /PRNewswire/ -- PACE Health Management Systems, Inc. (Nasdaq Small Cap Market: PCES) today announced first quarter 1996 financial results. Net revenues for the three months ended March 31, 1996 increased $403,368, or 100%, to $805,196 from net revenues of ...

NATIONAL CITY COMPLETES ACQUISITION OF INTEGRA; FOUR INTEGRA DIRECTORS JOIN NATIONAL CITY BOARD

May 03, 1996 ... CLEVELAND, May 3 /PRNewswire/ -- National City Corporation (NYSE: NCC) today completed its acquisition of Integra Financial Corporation (NYSE: ITG). The merger of the two companies creates a $50 billion diversified financial services company with primary operations in Ohio, Indiana, Kentucky ...

NPC ANNOUNCES INTENT TO FILE REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING OF COMMON STOCK

May 03, 1996 ... LOUISVILLE, Ky., May 3 /PRNewswire/ -- National City Processing Company (NPC), a leading nationwide provider of transaction processing services, announced today that it intends to file a registration statement with the Securities and Exchange Commission (SEC) for an initial public offering ...

WACKENHUT CORRECTIONS SELECTED FOR CONTRACT TO BUILD, OPERATE NEW ARKANSAS PRISON

May 03, 1996 ... PALM BEACH GARDENS, Fla., May 3 /PRNewswire/ -- Wackenhut Corrections (NYSE: WHC) was selected by the State of Arkansas Board of Correction and Community Punishment to negotiate a contract for the design, construction and management of a 600-bed prison for young adult male offenders in ...

MEDICAL RESOURCES, INC. ANNOUNCES ACQUISITION OF THREE DIAGNOSTIC IMAGING CENTERS

May 03, 1996 ... HACKENSACK, N. J., May 3 /PRNewswire/ -- Medical Resources, Inc. (Nasdaq: MRII) announced today that it has completed the previously announced acquisition of three diagnostic imaging centers located in Florida. The Company acquired these three centers for $3 million payable in a combination ...

QUIPP, INC. ANNOUNCES FIRST QUARTER 1996 FINANCIAL RESULTS

May 03, 1996 ... MIAMI, May 3 /PRNewswire/ -- Quipp, Inc. (Nasdaq-NNM: QUIP) a Miami based manufacturer of material handling systems for the newspaper industry reported net income of $408,616 for the three months ended March 31, 1996 as compared to $477,296 for the same period last year. In addition, net ...

APACHE NAMES LOWE TO BOARD OF DIRECTORS

May 03, 1996 ... HOUSTON, May 3 /PRNewswire/ -- Apache Corporation (NYSE: APA) today announced that Mary Ralph Lowe has been elected to its Board of Directors.Lowe is president and Chief Executive Officer of Maralo, Inc., an independent oil and gas exploration and production company based in ...

DAIG CORPORATION ANNOUNCES RESULTS

May 03, 1996 ... MINNETONKA, Minn., May 3 /PRNewswire/ -- The following information was released today by Daig Corporation: <Pre> DAIG CORPORATION </Pre> 6 Months <Pre> 3/31FY96 FY95Percent Change Revenue $21,046 ...

BIRD CORPORATION ANNOUNCES THAT CT INTENDS TO TERMINATE MERGER AGREEMENT

May 03, 1996 ... NORWOOD, Mass., May 3 /PRNewswire/ -- Bird Corporation (Nasdaq: BIRD) (the "Company") today announce that it was informed by CertainTeed Corporation ("CertainTeed") that CertainTeed intends to terminate the previously announced merger agreement between the Company and CertainTeed and intends ...

PRICE WATERHOUSE PUBLISHES BOOKS ON PRIVATIZATION OPPORTUNITIES IN LATIN AMERICA, CENTRAL & EASTERN EUROPE AND AFRICA

May 03, 1996 ... HOUSTON, May 3 /PRNewswire/ -- A comprehensive, single-source listing of current and anticipated privatizations in all industries in Latin America, Central and Eastern Europe and Africa has been published in three volumes by Price Waterhouse in cooperation with The Petroleum Economist and ...

PHYSICIAN SUPPORT SYSTEMS ANNOUNCES FIRST QUARTER RESULTS; COMPANY MEETS ANALYST EXPECTATIONS

May 03, 1996 ... MT. JOY, Pa., May 3 /PRNewswire/ -- Physician Support Systems, Inc. (Nasdaq: PHSS) today announced its financial results for the first quarter ended March 31, 1996.The Company reported revenues of $6,399,412 for the quarter ended March 31, 1996, a 40 percent increase over the ...

AMLI RESIDENTIAL BREAKS GROUND FOR APARTMENT COMMUNITY IN AURORA, ILL.

May 03, 1996 ... CHICAGO, May 3 /PRNewswire/ -- Amli Residential (NYSE: AML) announced that it has broken ground on an 18-acre site in Aurora, Ill. for the development of a 272-unit luxury residential community to be known as AMLI at Aurora Crossing. The first apartment homes are expected to be available ...

COMMUNICATIONSWEEK TO DEBUT TELEPATH, A SUPPLEMENT FOR THE INNOVATORS BEHIND CONVERGING NETWORKS

May 03, 1996 ... MANHASSET, N.Y., May 3 /PRNewswire/ -- CommunicationsWeek, the leading networking newspaper, is preparing to launch TELEPATH, a demographic supplement written for corporate and marketing executives in carrier companies, carrier equipment manufacturers and enterprise network equipment ...

DESTEC ACQUIRES GAS PROPERTIES IN THE PICEANCE BASIN, COLORADO

May 03, 1996 ... HOUSTON, May 3 /PRNewswire/ -- Destec Energy, Inc. (NYSE: ENG), a leading independent power producer based in Houston, Texas, announced today that it has agreed to acquire from Snyder Oil Corporation ("SOCO") (NYSE: SNY) an undivided 45 percent interest in proved producing natural gas ...

THE EARTHGRAINS COMPANY REPORTS TRANSITION PERIOD RESULTS

May 03, 1996 ... ST. LOUIS, May 3 /PRNewswire/ -- The Earthgrains Company (NYSE: EGR) reported today sales of $367.7 million and a net loss of $300,000, or $0.03 loss per share, excluding one-time charges, for the 12-week period ended March 26, 1996.Including the one-time charges, the net loss for ...

GRAHAM-FIELD HEALTH PRODUCTS, INC. REPORTS RECORD REVENUE AND RESULTS FOR THE FIRST QUARTER MARCH 31, 1996

May 03, 1996 ... HAUPPAUGE, N.Y., May 3 /PRNewswire/ -- Graham-Field Health Products, Inc. (NYSE: GFI), a manufacturer and supplier of healthcare products, today reported record revenues and results for the first quarter ended March 31, 1996. Revenues for the first quarter were $27,348,000, which included a ...

PITT-DES MOINES, INC. DECLARES DIVIDEND

May 03, 1996 ... PITTSBURGH, May 3 /PRNewswire/ -- At its annual meeting on May 2, 1996, the Board of Directors of Pitt-Des Moines, Inc. (AMEX: PDM) declared a quarterly dividend of $.27-1/2 per share of common stock payable June 28, 1996 to shareholders of record on June 14, 1996.Pitt-Des Moines, ...

DVI PROMOTES RICHARD E. MILLER AND STEVEN R. GARFINKEL TO EXECUTIVE VICE PRESIDENT

May 03, 1996 ... DOYLESTOWN, Pa., May 3 /PRNewswire/ -- The Board of Directors of DVI, Inc. (NYSE: DVI) has approved the promotions of Richard E. Miller and Steven R. Garfinkel to executive vice president. The announcement was made by DVI's President and Chief Executive Officer Michael A. O'Hanlon to whom ...

ALCO APPROVES REGULAR QUARTERLY DIVIDEND

May 03, 1996 ... VALLEY FORGE, Pa., May 3 /PRNewswire/ -- The Alco Standard Board of Directors today approved the regular quarterly cash dividend of $.14 per common share. The dividend is payable June 10, 1996, to holders of record May 21, 1996.Regular dividends to shareholders of Series BB serial ...

TOSHIBA INTRODUCES WORLD'S FIRST LCD PROJECTOR WITH BUILT-IN DOCUMENT CAMERA

May 03, 1996 ... Toshiba MediaStar 311 Merges Computer Data, Video and 3-D Live <Pre> Graphics For More Creative, Interactive Presentations </Pre> CHICAGO, May 3 /PRNewswire/ -- Toshiba America today announced the introduction of a major breakthrough in multimedia presentation technology ...

HOME BANCORP REPORTS SECOND-QUARTER FY 1996 EARNINGS

May 03, 1996 ... FORT WAYNE, Ind., May 3 /PRNewswire/ -- Home Bancorp (Nasdaq: HBFW), the holding company for Home Loan Bank fsb, today reported fiscal year 1996 second quarter ended March 31, 1996 net income of $665,000, an 11.3 percent increase over last year's $597,700 for the same period. First six ...

LUCAS WINS FORD NATURAL GAS VEHICLE CONTRACT

May 03, 1996 ... BURNLEY, England, May 3 /PRNewswire/ -- Lucas Aerospace, a division of Lucas Industries, the global automotive and aerospace systems supplier, has won a contract from Ford Motor Company (NYSE: F) of Dearborn, Mich., to design and manufacture high pressure fuel storage cylinders for two types ...

HUNDREDS OF ORIGINAL WORKS OF FINE ART AVAILABLE AT PARK WEST GALLERY PUBLIC AUCTION IN RALEIGH, N.C.

May 03, 1996 ... SOUTHFIELD, Mich., May 3 /PRNewswire/ -- When the auctioneer's hammer falls on Sunday, May 19, and Monday, May 20, Park West Gallery of Southfield, MI will offer more than 350 custom-framed original works at a public fine art auction. The auction, featuring creations by Old and Modern ...

BUICK SPONSORS ANNUAL PRINCE HALL MASONS CONVENTION

May 03, 1996 ... FLINT, Mich., May 3 /PRNewswire/ -- Buick Motor Division will again proudly sponsor the annual convention of the Prince Hall Masons, held each year in May.The 1996 Grand Masters/Grand Chapters Conference takes place May 6-11 in St. Louis, Mo., with an expected attendance of over ...

GENERAL AUTOMATION SIGNS MASTER DISTRIBUTION AGREEMENT FOR REALITYX DATABASE

May 03, 1996 ... IRVINE, Calif., May 3 /PRNewswire/ -- General Automation Inc. (AMEX: GA) today announced an agreement with McDonnell Information Systems Ltd. (MDIS) which appoints General Automation as a master distributor and service provider for the RealityX Database Environment."This agreement ...

KESTREL DRILLING ONSHORE AUSTRALIA

May 03, 1996 ... <Pre>McIver well seeks 40-million barrel target </Pre> DENVER, May 3 /PRNewswire/ -- Kestrel Energy Inc. (Nasdaq: KEST) said today drilling has commenced on its onshore McIver #1 well in east central Australia.McIver-1, located in Permit ATP 560P in the Eromanga ...

GAP SELLS OFFICIAL LATE SHOW SAN FRANCISCO T-SHIRTS

May 03, 1996 ... SAN FRANCISCO, May 3 /PRNewswire/ -- As part of the excitement accompanying David Letterman's arrival in San Francisco, Gap will be selling official "Late Show San Francisco" t-shirts during the week of May 6, 1996. These 100% cotton classic-t's are navy blue with the Late Show San ...

BLUECROSS OF NORTHEASTERN PENNSYLVANIA AND CAPITAL BLUECROSS ANNOUNCE INTENT TO MERGE

May 03, 1996 ... HARRISBURG and WILKES-BARRE, Pa., May 3 /PRNewswire/ -- BlueCross of Northeastern Pennsylvania and Capital BlueCross announced today their intent to merge. The new company will pool the resources of the market leaders in their respective areas, creating the health care services organization ...

INTERPUBLIC'S LOWE GROUP ESTABLISHES A PRESENCE ON THE WEST COAST WITH GOLDBERG MOSER O'NEILL

May 03, 1996 ... NEW YORK, May 3 /PRNewswire/ -- The Interpublic Group of Companies (NYSE: IPG) announced today that its subsidiary, The Lowe Group, has agreed to acquire a substantial minority interest in the well known and well respected San Francisco agency, Goldberg Moser O'Neill. The terms of the ...

SAN DIEGO, CA WATER AUTHORITY COPS AFFIRMED 'AA-' BY FITCH -- FITCH FINANCIAL WIRE --

May 03, 1996 ... NEW YORK, May 3 /PRNewswire/ -- San Diego County Water Authority's outstanding $418.9 million certificates of participation are affirmed 'AA-' with a stable credit trend after a review with the issuer.The rating reflects the authority's strong position as supplier of approximately ...

SEARCH CAPITAL OBTAINS FINAL COURT APPROVAL OF CLASS ACTION SETTLEMENT

May 03, 1996 ... DALLAS, May 3 /PRNewswire/ -- Search Capital Group, Inc. (Search) (OTC Bulletin Board: SRCG) today announced the U.S. District Court, Northern District of Texas, Dallas Division, has approved the shareholders class action suit settlement announced in June 1995.George C. Evans, ...

DIGITAL COMMUNICATIONS TECHNOLOGY CORPORATION'S SATELLITE DIVISION TO PROVIDE OLYMPIC GAME COVERAGE FOR ITALY

May 03, 1996 ... DALLAS, May 3 /PRNewswire/ -- Digital Communications Technology Corporation (AMEX: DCT) today announced that its MagneTech Satellite Division has been selected for Olympic satellite services by Elettronica Industriale, an Italian television broadcasting company. The Satellite Division will ...

PHILADELPHIA ATTORNEY ELECTED STATE BAR PRESIDENT; PLEDGES CHANGE IN JUDICIAL CANDIDATES' RATINGS PROCESS

May 03, 1996 ... PITTSBURGH, May 3 /PRNewswire/ -- James F. Mundy of Philadelphia was elected president of the Pennsylvania Bar Association today at the association's House of Delegates Meeting in Pittsburgh.A partner in the firm Raynes, McCarty, Binder, Ross & Mundy, he is past president of both ...

VALUJET AIRLINES REPORTS APRIL 1996 TRAFFIC

May 03, 1996 ... ATLANTA, May 3 /PRNewswire/ -- ValuJet Airlines today announced that the company flew 305.3 million revenue passenger miles (RPMs) during the month of April 1996, representing a 50 percent increase from the same month a year ago. Capacity increased 81 percent from April 1995 to 494.3 ...

HEALTH O METER AND CULLIGAN ENTER PARTNERSHIP TO PRODUCE WATER FILTRATION PRODUCTS

May 03, 1996 ... BEDFORD HEIGHTS, Ohio, May 3 /PRNewswire/ -- Health o meter Products, Inc., (Nasdaq: SCAL) and Culligan Water Technologies, Inc., (NYSE: CUL) have entered into a strategic partnership agreement that will result in the manufacturing of a new line of water filtration products for the consumer ...

SPRING: A TIME OF SHOWERS, FLOWERS AND ... TRAUMA

May 03, 1996 ... CLEVELAND, May 3 /PRNewswire/ -- Consider this sobering fact: trauma, or serious injury, is the leading killer of people under the age of 44. In fact, each year, 600,000 children are hospitalized due to injury -- most of which are preventable.May is Trauma Prevention Month and also ...

SRA CONTRACTS IAPPS TO DESIGN INTERNET INTERFACES

May 03, 1996 ... WASHINGTON, May 3 /PRNewswire/ -- SRA International, Inc. has contracted Interactive Applications Group, Inc. (iapps) to design internet interfaces, interactive demos, and internal web site graphics. iapps designed the graphical interface for SRA's soon-to-be-released IntraNet Search ...

NONSTOP JET SERVICE INAUGURATED FROM NEW YORK CITY TO THE GREENBRIER

May 03, 1996 ... WHITE SULPHUR SPRINGS, W.Va., May 3 /PRNewswire/ -- Nonstop USAir jet service between New York and The Greenbrier will be inaugurated tomorrow, May 4, Ted J. Kleisner, president and managing director of the Mobil Five-Star, AAA Five-Diamond resort announced."We are delighted that ...