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PR Newswire articles from Friday, August 15

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=19970815" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, August 15:

Hemlock Federal Financial Corporation Declares Dividend

Aug 15, 1997 ... OAK FOREST, Ill., Aug. 15 /PRNewswire/ -- Hemlock Federal Financial Corporation (Nasdaq: HMLK), parent corporation of Hemlock Federal Bank for Savings ("Hemlock Federal") has announced that the Corporation will pay a cash dividend of $.06 per share for the second quarter of 1997. The ...

Checkers Announces The Recent Opening Of Its First 'Full Size' Restaurant

Aug 15, 1997 ... CLEARWATER, Fla., Aug. 15 /PRNewswire/ -- Checkers Drive-In Restaurants, Inc. (Nasdaq: CHKR) announced today the recent opening of its first "full size" restaurant with indoor seating in Bay Shore, New York.Capital Management of Long Island, New York, Inc., a Checkers ...

Burnham Pacific Sells 75% Interest In Ladera Shopping Center To Johnson/MacFarlane's California Urban Investment Partners

Aug 15, 1997 ... SAN DIEGO, Aug. 15 /PRNewswire/ -- Burnham Pacific Properties, Inc. (NYSE: BPP) announced today the Johnson/MacFarlane California Urban Investment Partners (CUIP) has completed its investment in the Ladera Shopping Center by purchasing a 75% interest in Ladera Center Associates LLC, ...

Venturi Technology Enterprises Begins Trading

Aug 15, 1997 ... OREM, Utah, Aug. 15 /PRNewswire/ -- Venturi Technology Enterprises, Inc. (OTC:Bulletin Board: VTIX), an integrated professional carpet cleaning services company, today announced its common stock will begin trading on the OTC Bulletin Board under the symbol VTIX.Venturi, ...

InfoSquare Introduces New Web Content Management Tool

Aug 15, 1997 ... <Pre> Server Application Being Tested at Beta Sites Around The World </Pre> SAN FRANCISCO, Aug. 15 /PRNewswire/ -- InfoSquare of Santa Clara California, today introduced InfoSquare I, a unique web site content management system at the Windows NT Intranet Solutions Show at ...

ERHC Moves to Commence Test Well on Sao Tome

Aug 15, 1997 ... <Pre> Recent Favorable Information and Data Accelerates Project </Pre> BROUSSARD, La., Aug. 15 /PRNewswire/ -- Environmental Remediation Holding Corp. (OTC Bulletin Board: ERHC) announced today that favorable information and data acquired from the Gulf of Guinea, has ...

Genetics Institute and Bayer Sign Functional Genomics Agreement; Bayer to Make Use of Genetics Institute's DiscoverEase(R) Protein Development Platform

Aug 15, 1997 ... CAMBRIDGE, Mass., Aug. 15 /PRNewswire/ -- Bayer Corporation ("Bayer") and Genetics Institute, Inc. ("GI"), a subsidiary of American Home Products Corporation (NYSE: AHP), today announced that Bayer has signed on as a corporate participant in GI's program for therapeutic discovery called ...

Atlantic International Entertainment (AIEE) Announces Strategic Partnership With OzeMail (OZEMY)

Aug 15, 1997 ... BOCA RATON, Fla., Aug. 15 /PRNewswire/ -- Atlantic International Entertainment, Ltd. (OTC Bulletin Board: AIEE) announced today it has entered into a Strategic Partnership with OzeMail Limited (Nasdaq: OZEMY) Australia's leading Internet access & solutions provider. The agreement calls ...

iPrint Honored for Business Excellence on the Web by IDG's WebMaster Magazine

Aug 15, 1997 ... FRAMINGHAM, Mass., Aug. 15 /PRNewswire/ -- iPrint (http://www.iPrint.com) is among the top 100 Internet and intranet sites, according to WebMaster magazine. Award-winning sites are featured in the magazine's special August edition, the WebMaster 50/50 issue.The WebMaster ...

Family Dollar Stores Declares Regular Quarterly Cash Dividend

Aug 15, 1997 ... MATTHEWS, N.C., Aug. 15 /PRNewswire/ -- The Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO), declared a regular quarterly cash dividend on the Company's common stock of $.08 per share, payable October 15, 1997, to holders of record at the close of business on September 15, ...

Network Long Distance Reports First Quarter Results; Record Revenues; Pro Forma EPS Before Non-Recurring Charges $0.01.

Aug 15, 1997 ... NEWPORT NEWS, Va., Aug. 15 /PRNewswire/ -- Network Long Distance, Inc. (Nasdaq: NTWK) reported today that pro forma revenues for the first quarter ended June 30, 1997 were $27.6 million, representing a 7.3% increase over pro forma revenues of $25.7 million for the quarter ended June 30, ...

Hydron Technologies, Inc. Reports Second Quarter Results

Aug 15, 1997 ... BOCA RATON, Fla., Aug. 15 /PRNewswire/ -- Hydron Technologies, Inc. (Nasdaq: HTEC) "HyTech," announced today that its net sales for the second quarter ended June 30, 1997 were $2,640,501, or 35% higher than net sales of $2,001,660 for the second quarter ended June 30, 1996. Net sales ...

Online System Services, Inc. Announces First International Customer Relationship

Aug 15, 1997 ... DENVER, Aug. 15 /PRNewswire/ -- Online System Services, Inc. (OSS) (Nasdaq SmallCap: WEBB), an innovative provider of advanced products and services for Internet, intranet and WWW applications, today announced a memorandum of agreement to provide an unnamed South American cable ...

ImageMatrix Announces Second Quarter Results Revenues Rise 157%

Aug 15, 1997 ... DENVER, Aug. 15 /PRNewswire/ -- ImageMatrix Corporation (Nasdaq: IMCX) today announced financial results for the second quarter ended June 30, 1997. Revenues for the quarter ended June 30, 1997 were $1,935,000, compared to revenues of $754,000 for the quarter ended June 30, 1996, an ...

Koo Koo Roo Announces Record Quarter Revenues of $16.9 Million Restaurant Sales Increase 90%

Aug 15, 1997 ... LOS ANGELES, Aug. 15 /PRNewswire/ -- Koo Koo Roo, Inc. (Nasdaq: KKRO) announced today that it achieved record revenues for the second quarter ended June 30, 1997. Revenues for the second quarter increased to $16.9 million from $9.4 million in 1996. Restaurant sales increased by 90.4% ...

Metallica Resources Closes C$5.5 Million Financing With Deutsche Morgan Grenfell

Aug 15, 1997 ... TORONTO, Aug. 15 /PRNewswire/ -- Metallica Resources Inc. (TSE: MR; Nasdaq: METLF) announced today that it successfully closed a sale of 2,000,000 Common Shares at a price of C$2.75 per Common Share with Deutsche Morgan Grenfell Canada Ltd., for total gross proceeds of C$5.5 million. ...

PLC Systems Inc. Secures Second $10 Million Investment From a $20 Million Convertible Debenture Financing

Aug 15, 1997 ... FRANKLIN, Mass., Aug. 15 /PRNewswire/ -- PLC Systems Inc. (Amex: PLC) today announced that the Company has secured the second $10 million investment completing a $20 million convertible debenture financing. The funds will be kept in escrow and received upon the filing of an S-3 ...

Myriad Genetics, Inc. Reports Year End Results

Aug 15, 1997 ... SALT LAKE CITY, Aug. 15 /PRNewswire/ -- Myriad Genetics, Inc. (Nasdaq: MYGN) today reported financial results for its fiscal year ended June 30, 1997. Total revenue increased to $15,236,000, compared to $6,629,000 for the prior year. This increase was primarily the result of the ...

Tosco Financing Trust Announces Regular Quarterly Distribution on Convertible Preferred Securities

Aug 15, 1997 ... STAMFORD, Conn., Aug. 15 /PRNewswire/ -- Tosco Financing Trust today announced that it will make its regular quarterly distribution payment of $0.71875 per Convertible Preferred Security, payable on September 15, 1997 to holders of record on August 31, 1997.Tosco Financing ...

Murdock Communications Corporation Reports Second Quarter Results; Platform for Future Progress Established

Aug 15, 1997 ... CEDAR RAPIDS, Iowa, Aug. 15 /PRNewswire/ -- Murdock Communications Corporation (Nasdaq-SmallCap: MURC MURCW), a provider of telecommunications systems and services for the lodging industry, today announced results for the second quarter of 1997. For the quarter, which ended June 30, ...

Thinking Tools Reports 1997 Second Quarter Results; Product Efforts For Year 2000 and Disaster Recovery Markets Proceeding on Schedule

Aug 15, 1997 ... MONTEREY, Calif., Aug. 15 /PRNewswire/ -- Thinking Tools, Inc. (Nasdaq: TSIM) today announced results for the second quarter ended June 30, 1997.Total revenues for the second quarter of 1997 were $24,000 versus $303,000 reported for the comparable 1996 quarter. Net loss ...

Pudgie's Chicken, Inc. Announces 1997 Second Quarter Results

Aug 15, 1997 ... UNIONDALE, N.Y., Aug. 15 /PRNewswire/ -- Pudgie's Chicken, Inc. (OTC: PUDGQ), an operator of quick service takeout and delivery Pudgie's restaurants, announced today its results for the second quarter ended June 30, 1997.The Company, which filed a petition for ...

IVAX and Bergen Brunswig Settle Litigation

Aug 15, 1997 ... MIAMI, and ORANGE, Calif., Aug. 15 /PRNewswire/ -- IVAX Corporation (Amex: IVX) and Bergen Brunswig Corporation (NYSE: BBC) announced today that they have agreed to settle the pending litigation relating to the previously announced termination of their merger agreement. Terms of the ...

BAA's UK 200 Million Convertible Bonds Rated 'AA-' by S&P; Outlook Stable

Aug 15, 1997 ... LONDON, Aug. 15 /PRNewswire/ -- Standard & Poor's today has assigned its double-'A'-minus long-term rating to BAA PLC's UK200 million 4.875% convertible bonds due 2004. The outlook on the issue is stable.BAA intends to use the funds raised to refinance in part, the ...

The New Bell Atlantic Opens for Business; Company to Focus on Customers, Growth, Innovation

Aug 15, 1997 ... NEW YORK, Aug. 15 /PRNewswire/ -- The new Bell Atlantic (NYSE: BEL) opened for business today with a commitment to growth, innovation, superior customer care and greater consumer choice in local and global telecommunications.The merger of Bell Atlantic and NYNEX became ...

ORGA Card Systems Announces Color Thermal Printers For Smart Card Personalization

Aug 15, 1997 ... PAOLI, Pa., Aug. 15 /PRNewswire/ -- ORGA Card Systems, a leading global developer of smart card systems, has announced the newest addition to its family of smart card personalization systems. The HPS 200 series thermal printers are desktop personalizers with an integrated chip ...

Unisource to Sell U.S. Grocery Supply Systems Business

Aug 15, 1997 ... BERWYN, Pa., Aug. 15 /PRNewswire/ -- Unisource Worldwide, Inc. (NYSE: UWW) announced today that it had reached an agreement in principle with Bunzl plc for Unisource to sell its Grocery Supply Systems division (GSS) and other related U.S. grocery supply business to Bunzl. Based on June ...

ICN Pharmaceuticals Completes $275 Million Note Offering

Aug 15, 1997 ... NEW YORK, Aug. 15 /PRNewswire/ -- ICN Pharmaceuticals, Inc. (NYSE: ICN) today announced the completion of an offering of $275 million of 9.25% Senior Notes due 2005. Schroder & Co. Inc. acted as sold manager of the note offering.ICN intends to utilize a portion of the net ...

LSi Reports Second-Quarter 1997 Results

Aug 15, 1997 ... CLEARWATER, Fla., Aug. 15 /PRNewswire/ -- Lasergate Systems, Inc. (LSi) (Nasdaq: LSGT) today announced its financial results for the second quarter ended June 30, 1997.Second-quarter revenues were $1.0 million, down from $1.1 million for the same period of 1996. The net ...

Ernsberger Named President and CEO of Farr Associates

Aug 15, 1997 ... GREENSBORO, N.C., Aug. 15 /PRNewswire/ -- BB&T manager Mark Ernsberger has been named president and chief executive officer of Farr Associates Inc., a behavioral sciences consulting company located in Greensboro. BB&T Corporation, a multi-bank holding company based in Winston-Salem, ...

Insignia Share Repurchase Program to Commence August 18, 1997

Aug 15, 1997 ... GREENVILLE, S.C., Aug. 15 /PRNewswire/ -- Insignia Financial Group, Inc. (NYSE: IFS) announced today that it would commence the open market repurchase of its shares on August 18, 1997. On July 23, 1997 the company announced that the program had been approved in principal by its board of ...

Diversey Water Technologies Acquires Majority Interest in Green Label Products Inc.

Aug 15, 1997 ... CHAGRIN FALLS, Ohio, Aug. 15 /PRNewswire/ -- Diversey Water Technologies Inc., a wholly owned subsidiary of Nalco Chemical Company (NYSE: NLC), has entered into an agreement to acquire a majority interest in Green Label Products Inc., a privately held odor control company based in ...

SMS Receives Contract Totaling $1,390,000 For Two Radiographic Inspection Systems From U.S. Army

Aug 15, 1997 ... AUSTIN, Texas, Aug. 15 /PRNewswire/ -- Scientific Measurement Systems, Inc. (OTC Bulletin Board: SCMS) announced that subject to preaward survey the Company has received an order for two Computed Tomography (CT) systems from the U.S. Army for use at the Picatinny Arsenal, New Jersey. ...

Nobility Homes, Inc. Announces Increase In Third Quarter And Nine Months Sales And New Mortgage Financing Joint Venture

Aug 15, 1997 ... OCALA, Fla., Aug. 15 /PRNewswire/ -- Nobility Homes, Inc. (Nasdaq: NOBH) today announced preliminary sales results for its third quarter ended August 2, 1997. Sales in the third quarter of fiscal 1997 increased to $10,400,000 as compared to $9,996,978 recorded in the third quarter of ...

Progressive Introduces First-Ever Interactive, Real-Time Sales of Auto Insurance Policies on Internet

Aug 15, 1997 ... <Pre> `Internet Buy' Option Available in Minnesota Effective Today </Pre> MINNEAPOLIS, Minn., Aug. 15 /PRNewswire/ -- Beginning today, Progressive, one of the nation's largest auto insurers, will offer Minnesota motorists the option to purchase auto insurance interactively ...

FPL, International Brotherhood of Electrical Workers Agree On New Labor Contract

Aug 15, 1997 ... JUNO BEACH, Fla., Aug. 15 /PRNewswire/ -- Florida Power & Light Company employees represented by the International Brotherhood of Electrical Workers have approved a new labor contract with the utility that establishes pay, benefits and work rules for the next three years....

PacifiCare Health Systems Completes Sale of Florida Operations

Aug 15, 1997 ... SANTA ANA, Calif., Aug. 15 /PRNewswire/ -- PacifiCare Health Systems, Inc., (Nasdaq: PHSYA PHSYB) announced today receipt of state approval, completing the sale of its Florida subsidiary, PacifiCare of Florida, to Total of Florida Holdings Company, Inc., which will operate as Total ...

Robertson Stephens Initiates Coverage of Silicon Graphics

Aug 15, 1997 ... SAN FRANCISCO, Aug. 15 /PRNewswire/ -- Robertson, Stephens & Company research analyst Bret Rekas has initiated coverage on Silicon Graphics, Inc. (SGI) with a Market Performer rating. Silicon Graphics is best known as a provider of high performance, UNIX based, graphics workstations. " ...

Health Management, Inc. Comments On Transworld/Counsel Agreement

Aug 15, 1997 ... BUFFALO GROVE, Ill., Aug. 15 /PRNewswire/ -- Health Management, Inc. (Nasdaq SmallCap: HMIS) (the "Company") announced today that its 49% stockholder and major creditor Transworld HealthCare, Inc. ("Transworld") issued a press release on August 14, 1997 stating that Transworld and ...

Europa Cruises Corporation Announces Second Quarter Results

Aug 15, 1997 ... Europa Cruises Corporation Reports Net Income of $137,608 for the Three Months Ending June 30, 1997, Before Deduction of a One Time Charge to Earnings of$1,284,664 for a Tax Settlement with the Florida Department of RevenueMADEIRA BEACH, Fla., Aug. 15 ...

Dynasil Announces 3rd Quarter Results

Aug 15, 1997 ... WEST BERLIN, N.J., Aug. 15 /PRNewswire/ -- Dynasil Corporation (OTC: DYSL), a company that manufactures synthetic fused silica for the semi- conductor, laser, space and optical components industries, announced results of operations for the fiscal third quarter ended June 30, 1997. ...

Integra LifeSciences Organizes Two New Advisory Boards

Aug 15, 1997 ... PLAINSBORO, N.J., Aug. 15 /PRNewswire/ -- Integra LifeSciences Corporation (Nasdaq: IART) today announced the formation of two new advisory boards: a Physicians Advisory Panel and a Clinical Advisory Board.In making the announcement, Vice Chairman and Chief Operating ...

PA DEP Tackles Five New Abandoned Mine Land Reclamations

Aug 15, 1997 ... HARRISBURG, Pa., Aug. 15 /PRNewswire/ -- Pennsylvania Department of Environmental Protection (DEP) Secretary James M. Seif today announced the award of nearly $750,000 in construction contracts to restore five abandoned mine sites in Clearfield, Fayette, Greene and Washington counties. ...

Protective Life Corporation Acquires Dental HMO

Aug 15, 1997 ... BIRMINGHAM, Ala., Aug. 15 /PRNewswire/ -- Protective Life Corporation (NYSE: PL) announced today that it has acquired Georgia Dental Plan, Inc., a dental health maintenance organization based in Atlanta.Georgia Dental Plan has approximately 57,000 members in Georgia. ...

J.M. Smucker Announces First Quarter Results

Aug 15, 1997 ... ORRVILLE, Ohio, Aug. 15 /PRNewswire/ -- The J. M. Smucker Company, (NYSE: SJMA and SJMB), announced today that earnings for the first quarter ending July 31, 1997, were $9,973,000, up 33% over the $7,489,000 earned during the same period last year. Sales for the three-month period were ...

Duramed Pharmaceuticals Reports Second Quarter 1997 Results

Aug 15, 1997 ... CINCINNATI, Aug. 15 /PRNewswire/ -- Mr. E. Thomas Arington, Chairman and CEO of Duramed Pharmaceuticals, Inc. (Nasdaq: DRMD) today announced the Company's operating results for the second quarter ended June 30, 1997. Net sales were $11,692,609, resulting in a net loss of $3,495,000. ...

Great American Bancorp, Inc. $0.10 Per Share Quarterly Dividend

Aug 15, 1997 ... CHAMPAIGN, Ill. Aug. 15 /PRNewswire/ -- Great American Bancorp, Inc. (Nasdaq: GTPS), the holding company for First Federal Savings Bank of Champaign-Urbana, Champaign, Illinois, has announced that its Board of Directors have declared a $0.10 per share dividend, payable on October 1, 1997 ...

Gibson Greetings, Inc. Announces Promotion of New Retail Environment Vice President

Aug 15, 1997 ... CINCINNATI, Aug. 15 /PRNewswire/ -- Gibson Greetings, Inc. (Nasdaq: GIBG) is pleased to announce that Peter Gaietto, currently Director of Retail Environment, has been promoted to Vice President Retail Environment and Merchandising. In his new position, Pete will be responsible for all ...

Electrosource Reports Second Quarter Operating Results

Aug 15, 1997 ... SAN MARCOS, Texas, Aug. 15 /PRNewswire/ -- ELECTROSOURCE, INC. (Nasdaq: ELSI), developer and manufacturer of advanced HORIZON(R) energy storage technologies, reported today its operating results for the second quarter, ending June 30, 1997.Revenue for the three months ended ...

Equity Compression Services Corporation Announces Results for Second Quarter 1997

Aug 15, 1997 ... DALLAS, Texas, Aug. 15 /PRNewswire/ -- Equity Compression Services Corporation (Nasdaq: EQCS) today reported a net loss of $32,000 ($--per share) for the second quarter of 1997, compared to a net income of $42,000 ($--per share) for the first quarter of 1996. The Company reported ...

Final Cash Proration Announced in Houston Industries/NorAm Merger

Aug 15, 1997 ... HOUSTON, Aug. 15 /PRNewswire/ -- Houston Industries Incorporated (NYSE: HOU) (HI) announced a final proration factor of 83.6975 percent for NorAm Energy (NorAm) shareholders who elected to receive cash for the shares acquired by HI in its August 6 merger with NorAm. The payment date for ...

COMNET Corporation Announces Results for First Quarter Ended June 30, 1997

Aug 15, 1997 ... LANHAM, Md., Aug. 15 /PRNewswire/ -- COMNET Corporation (Nasdaq-NNM: CNET) today reported revenues of $11,870,000 for the first fiscal quarter ended June 10, 1997, up from the $l0,720,000 reported for the same quarter the prior year. The Company reported a net loss for the reporting ...

Eastern American Natural Gas Trust

Aug 15, 1997 ... CHARLESTON, W.Va., Aug. 15 /PRNewswire/ -- Eastern American Natural Gas Trust (NYSE: NGT) today announced that its estimated distributable income for the quarter ended June 30, 1997 is $0.4569 Depositary Unit. Based on the amount of distributable income for the quarter, the Trust ...

Edison International Launches New 'Power Behind Peace of Mind' Ad Campaign

Aug 15, 1997 ... ROSEMEAD, Calif., Aug. 15 /PRNewswire/ -- Edison International announced the launch of a new multimedia advertising campaign in Southern California, entitled, "The Power Behind Peace of Mind."The key messages of the campaign promote the corporate brand for all six Edison ...

Coast Resorts Announces Second Quarter Results Of Coast Hotels and Casinos, Inc.

Aug 15, 1997 ... LAS VEGAS, Aug. 15 /PRNewswire/ -- Coast Resorts, Inc. today announced second quarter results for its wholly owned operating subsidiary, Coast Hotels and Casinos, Inc. For the quarter ended June 30, 1997, net operating revenues were $72.3 million, an increase of 55% over second quarter ...

Kohl's Corporation Announces the Offering of 4,600,000 Shares of Common Stock

Aug 15, 1997 ... MENOMONEE FALLS, Wis., Aug. 15 /PRNewswire/ -- Kohl's Corporation (NYSE: KSS) announced the offering of 4,600,000 shares of common stock at the price of $63.8125 per share. Of the shares offered, 3,900,000 are being offered by the Company and 700,000 by certain selling shareholders. ...

Digital River Names Kelly Wical as Chief Technology Officer

Aug 15, 1997 ... MINNEAPOLIS, Aug. 15 /PRNewswire/ -- Kelly Wical has been named chief technology officer of Digital River, Inc., the company announced today.Wical was formerly director of development and chief scientist/architect of the ConText Server Division of Oracle Corporation, Inc. ...

Quadrax Reports Record Revenues for the Second Quarter and First Six Months; Reports Loss of ($.10) Per Share for Quarter

Aug 15, 1997 ... PORTSMOUTH, R.I., Aug. 15 /PRNewswire/ -- Quadrax Corporation (Nasdaq-SCM: QDRX) and its Chairman and CEO, James J. Palermo announced record operating results for the second quarter and first six months ended June 30, 1997.The company reported a net loss of $3,648,082 or ...

SRC Awarded Task Order Support Services (TOSS) Contract by Army

Aug 15, 1997 ... BURLINGTON, Mass., Aug. 15 /PRNewswire/ -- System Resources Corporation (SRC) was selected as a prime contractor to provide technical support services to the Natick, MA-based U.S. Army Soldier Systems Command (SSCOM) under the Task Order Support Services (TOSS) Contract. The award ...

Armstrong Extends Domco Offer To October 10; Seeks Relief in Ontario Court from Oppressive Conduct of Domco Board

Aug 15, 1997 ... LANCASTER, Pa., Aug. 15 /PRNewswire/ -- Armstrong World Industries, Inc. (NYSE: ACK) announced today that it will extend its all cash offer to purchase shares of Domco Inc. (MSE: DOC; TSE: DOC) at CDN$23.00 per share through October 10, 1997. The offer had been scheduled to expire on ...

Aramex Announces Second Quarter Results of $0.16 Per Share

Aug 15, 1997 ... AMMAN, Jordan, Aug. 15 /PRNewswire/ -- Aramex International Limited ("Aramex") (Nasdaq NNM: ARMXF), the international express and freight forwarding company specializing in the Middle East & Indian Sub-Continent regions announced record results for its second quarter ending June 30, 1997 ...

Jon D. Walton Promoted to Allegheny Teledyne Senior Vice President

Aug 15, 1997 ... PITTSBURGH, Aug. 15 /PRNewswire/ -- Allegheny Teledyne Incorporated (NYSE: ALT) announced today that Jon D. Walton has been promoted to senior vice president, general counsel and secretary.Walton, 54, joined Allegheny Ludlum Corporation as general counsel and secretary in ...

Emons Transportation Group, Inc. Announces the Resignation of Its President and Chief Operating Officer

Aug 15, 1997 ... YORK, Pa., Aug. 15 /PRNewswire/ -- Emons Transportation Group, Inc. (Nasdaq-Small Cap: EMON) announced today that Alfred P. Smith, President and Chief Operating Officer, submitted his resignation as an officer of the Company effective September 5, 1997, to take a senior management ...

NCS HealthCare Announces $135 Million Credit Facility

Aug 15, 1997 ... CLEVELAND, Aug. 15 /PRNewswire/ -- NCS HealthCare, Inc. (Nasdaq: NCSS) today announced that it has received commitments for a $135 million revolving credit facility. KeyBank National Association will serve as administrative agent and First Chicago NBD as co-agent. NCS intends to use ...

Professionals Group Announces Merger

Aug 15, 1997 ... OKEMOS, Mich., Aug. 15 /PRNewswire/ -- Professionals Insurance Company Management Group ("Professionals Group") (Nasdaq: PICM) announced today that it has signed a definitive agreement to merge its PICOM Insurance Company subsidiary with Physicians Protective Trust Fund ("PPTF") of Coral ...