PR Newswire back issues from Tuesday, August 26:
MedPartners, Inc. Sells Caremark International Homecare Business to Fresenius AG of Germany
Aug 26, 1997 ... BIRMINGHAM, Ala., Aug. 26 /PRNewswire/ -- MedPartners, Inc. (NYSE: MDM) today announced an agreement to sell the company's Caremark International Homecare Business to Fresenius AG of Germany in a cash transaction. Terms of the deal were not disclosed; it is contingent on regulatory ...
Delta Express Puts September on Sale
Aug 26, 1997 ... <Pre>As Low as $69 </Pre> ATLANTA, Aug. 26 /PRNewswire -- Delta Express is making travel to and from Florida even more affordable next month with September sale fares to most of the destinations it serves.The sale fares offer discounts ...
K&G Men's Center Reports Record Second Quarter Results with Net Sales Increase of 29.2%, Net Income Growth of 50.8% and Comparable Store Growth of 15.0%
Aug 26, 1997 ... ATLANTA, Aug. 26 /PRNewswire/ -- K&G Men's Center, Inc. (Nasdaq: MENS) reported today that net sales for the six months ended August 3, 1997 increased 32.3% to $47.3 million compared with net sales of $35.7 million for the six months ended July 28, 1996. On a comparable store basis, net ...
Continental Airlines and EVA Air Sign Alliance Agreement
Aug 26, 1997 ... HOUSTON, Aug. 26 /PRNewswire/ -- Continental Airlines (NYSE: CAI.B CAI.A) today announced that it has entered into an alliance agreement with EVA Air, the premier air carrier based in Taiwan. The agreement applies to Continental flights connecting with EVA's Trans-Pacific flights from ...
MGM Promotes Hoodlum Film With Avatars and Chatrooms
Aug 26, 1997 ... Studio Uses Multimedia Software From The Palace Inc. to Build Anticipation <Pre> For Tomorrow's Debut </Pre> LOS ANGELES, Aug. 26 /PRNewswire/ -- First, the movies made promotional history by being one of the first industries to realize the ...
NetChannel(R) and WeatherLabs(R) To Enhance, Expand Weather Coverage On TV; First Time TV Viewers Have Access to Real-Time Weather
Aug 26, 1997 ... SOUTH SAN FRANCISCO, Calif., Aug. 26 /PRNewswire/ -- This September, television viewers will have one-click access to breaking local and worldwide weather conditions, forecasts and alerts through a partnership announced today between NetChannel, the Web-enhanced personalized television ...
World Wide Web Casinos
Aug 26, 1997 ... SANTA ANA, Calif., Aug. 26 /PRNewswire/ -- World Wide Web Casinos through its subsidiary, Casino A LaCarte, Inc., has gained licensing and patent rights from Big Events LLC for the right to sell, distribute and manufacture the world's most popular casino change cart. This patent relates ...
Hoechst Marion Roussel and Watson Pharmaceuticals Announce Agreement for Watson to Acquire Rugby Group
Aug 26, 1997 ... KANSAS CITY, Mo., and CORONA, Calif., Aug. 26 /PRNewswire/ -- Hoechst Marion Roussel, the pharmaceutical company of Hoechst AG, and Watson Pharmaceuticals, Inc. (Nasdaq: WATS) today jointly announced the signing of a definitive agreement under which Watson will acquire The Rugby Group, ...
Packaged Software Upgrades Can Cost Companies Millions, Warns Hurwitz Group
Aug 26, 1997 ... NEWTON, Mass., Aug. 26 /PRNewswire/ -- In a report released by Hurwitz Group, Senior Consultant and Service Director Joshua Greenbaum warns organizations that shoddy upgrade procedures and practices can put millions of dollars at risk during significant version upgrades of major packaged ...
Snyder Acquires American Sampling; Enters New Mother and Baby Marketing in U.S.
Aug 26, 1997 ... BETHESDA, Md., Aug. 26 /PRNewswire/ -- Snyder Communications, Inc. (NYSE: SNC) today announced that it has acquired American Sampling Incorporated, a provider of product sampling and database marketing services within the United States focused on the new mother and baby markets. Snyder ...
Murdock Communications Corporation Reports Agreement To Acquire Two Telecom Companies
Aug 26, 1997 ... Expected to Expand Revenues, Market Opportunities and Management DepthCEDAR RAPIDS, Iowa, Aug. 26 /PRNewswire/ -- Murdock Communications Corporation (Nasdaq-Small Cap: MURC), a provider of telecommunications systems and services for the lodging industry, today announced it ...
PRAM Filtration Corp. Acquires Cook Screen Technologies, Inc.; Achieves Unique Presence in Two Major Filtration Industry Segments
Aug 26, 1997 ... DES PLAINES, IL. Aug. 26 /PRNewswire/ -- PRAM Filtration Corp., a leading manufacturer of high-quality filtration and separation products, announced that it has acquired 118-year-old Cook Screen Technologies, Inc. of Cincinnati, Ohio. Cook Screen, with annual revenues of approximately ...
Americans are More Likely to Service Their Cars Than Have an Annual Eye Exam, According to a National Survey
Aug 26, 1997 ... -- Bausch & Lomb sponsored survey kicks off second annual Eye Care <Pre> Professionals' Month, a national consumer awareness campaign </Pre> -- Campaign is a partnership between Bausch & Lomb and eye care <Pre> professionals across the country ...
New Energy Drinks Contain Good-For-You Ingredients the Big Brands Lack, Drink Maker Says.
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- In the exploding new category of energy drinks some brands are using energizing vitamins and herbs. The big drink makers are not, says J. Darius Bikoff.Bikoff is director of Energy Brands, Inc. the maker of "Go-Go" which contains ...
NPD Findings Show Yahoo! Ranked Highest in User Opinion
Aug 26, 1997 ... <Pre> Research Shows Users Exhibit High Level of Loyalty to Yahoo! </Pre> SANTA CLARA, Calif., Aug. 26 /PRNewswire/ -- Yahoo! Inc. (Nasdaq: YHOO) today announced that recent findings from The NPD Online Research Group show overall opinion of Yahoo! ranked the statistically ...
Yahoo! and CDnow Integrate Web-Searching and Music Retailing
Aug 26, 1997 ... CDnow Selected as Premier Provider for Music Products on Yahoo!SANTA CLARA, Calif. and JENKINTOWN, Penn., Aug. 26 /PRNewswire/ -- Yahoo! Inc. (Nasdaq: YHOO) and CDnow (www.cdnow.com) today announced an agreement which makes CDnow the premier music seller featured on ...
Home Page Hosts Homeowners Who Hate House Painting
Aug 26, 1997 ... ELK GROVE VILLAGE, Ill., Aug. 26 /PRNewswire/ -- Homeowners who'd rather spend their free time surfing the Internet than scraping paint are invited to visit Rollex Corporation's new Web site, where they can experiment with color schemes of maintenance-free siding, soffit and related ...
Hongkong Bank of Canada Third Quarter 1997 Results
Aug 26, 1997 ... VANCOUVER, Aug. 26 /PRNewswire/ -- Hongkong Bank of CanadaHIGHLIGHTS- Consolidated net income of CAD35.4 million, up by CAD3.3 million or 10.3 per cent from third quarter 1996- Consolidated net income of CAD100.7 million for the nine months, ...
Granite Financial, Inc., Reports Fiscal Year End & Fourth Quarter 1997 Results
Aug 26, 1997 ... GOLDEN, Colo., Aug. 26 /PRNewswire/ -- Granite Financial, Inc. (Nasdaq: GFNL) announced today its net income for the fiscal year ended June 30, 1997, of $2,067,000 or $0.63 per share on 3,265,000 weighted average shares outstanding. In the previous fiscal year ended June 30, 1996, net ...
Datakey Makes Information Security Product Entrust-Ready
Aug 26, 1997 ... MINNEAPOLIS, Aug. 26 /PRNewswire/ -- Datakey, Inc. (Nasdaq: DKEY), a Minneapolis-based information security supplier, today announced that they have joined the Entrust Partner Program. Datakey is among the first Entrust(R) smart card partners to have successfully completed a series of ...
Allaire Ships Japanese Version of HomeSite 2.5
Aug 26, 1997 ... CAMBRIDGE, Mass., Aug. 26 /PRNewswire/ -- Allaire Corporation today announced the availability of HomeSite 2.5J, the Japanese version of its award-winning HTML editing tool for professional Web developers and designers. The U.S. English version shipped in April this year....
GraphOn Announces GO-Joe, World's First Thin Client X Server for Java Desktops
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- GraphOn Corporation today announced the availability of GO-Joe(TM), the revolutionary thin client X server for all Java desktops. GO-Joe provides UNIX/X(R) application access from all Java- enabled desktops, such as Sun Microsystems JavaStation, or ...
GraphOn Releases GO-Global 1.1; Adds IBM RS6000 AIX Support
Aug 26, 1997 ... CAMPBELL, Calif., Aug. 26 /PRNewswire/ -- GraphOn Corporation today announced the release of GO-Global(TM) Version 1.1. with added functionality and platform support. GO-Global, the first thin client PC X server, provides MS Windows users with a high performance UNIX/X solution, over ...
MEHL/Biophile International Corporation Secures $7 Million Bridge Financing
Aug 26, 1997 ... GAINESVILLE, Fla., Aug. 26 /PRNewswire/ -- MEHL/Biophile International Corporation (Nasdaq: MEHL) -- announced today that the Company completed a bridge loan agreement allowing the Company to borrow $7 million to be used in connection with the manufacturing and delivery of the Company's ...
DATA RACE Debuts Advanced 56K Technology Modems for Notebook PC OEM Market
Aug 26, 1997 ... SAN ANTONIO, Aug. 26 /PRNewswire/ -- For the first time, notebook computer manufacturers can transform their products into a complete communications tool thanks to the release of DATA RACE's (Nasdaq-NNM: RACE) WinMAX56(TM) and WinMAX56SP(TM) products. In addition to supporting ...
Regis Reports Record Revenues and Net Income for Fourth Quarter and Fiscal 1997
Aug 26, 1997 ... MINNEAPOLIS, Aug. 26 /PRNewswire/ -- Regis Corporation (Nasdaq: RGIS) today reported record revenues and earnings. "Fiscal 1997 was a good year for Regis, reflecting the successful integration of Supercuts, continued salon growth, higher same-store sales and improved sales of retail ...
S&P Affirms Equitable Life Assurance's 'AA' CPA Rating
Aug 26, 1997 ... LONDON, Aug. 26 /PRNewswire/ -- Standard & Poor's today affirmed its double-'A' financial strength rating of Equitable Life Assurance Society (The) (ELAS). The rating is based on leadership of the U.K. pensions market, a sustainable position given ELAS's superior expense control and ...
WiseWire.com 3.0 Unveiled on the Netscape Net Search Page
Aug 26, 1997 ... PITTSBURGH, Aug. 26 /PRNewswire/ -- WiseWire Corporation today introduced version 3.0 of its personalized, intelligent agent Web site at www.wisewire.com by placing a link on the Netscape(R) Net Search page (home.netscape.com). Netscape now features free WiseWire.com service as a Web ...
CMC ReSearch and Merriam-Webster Inc. Present: The Ideal Dictionary Combination for Medical Office and Home Office Needs
Aug 26, 1997 ... PORTLAND, Ore., Aug. 26 /PRNewswire/ -- CMC ReSearch, Inc. and Merriam-Webster Inc. today introduced a new electronic dictionary for medical professionals, Merriam-Webster's Medical Dictionary, Electronic Edition. When combined with Merriam-Webster's Collegiate(R) Dictionary Tenth ...
URS Corporation Reports 27% Increase in Third Quarter Earnings Per Share
Aug 26, 1997 ... SAN FRANCISCO, Aug. 26 /PRNewswire/ -- URS Corporation (NYSE: URS) today reported strong financial results for the third quarter ended July 31, 1997. Revenue for the period increased to $100,196,000 from $89,734,000 in the comparable 1996 quarter. Pre-tax income for the quarter rose 54% ...
Quality Food Centers, Inc. Extends Offer to Exchange $150,000,000 of Its Outstanding 8.70% Senior Subordinated Notes Due 2007
Aug 26, 1997 ... BELLEVUE, Wash., Aug. 26 /PRNewswire/ -- Quality Food Centers, Inc. (NYSE: XQ) announced that it has extended to 5:00 p.m. on August 28, 1997, the expiration of its offer to exchange $150,000,000 of its 8.70% Series B Senior Subordinated Notes due 2007, which have been registered under ...
VASCO and Banque Paribas Belgique S.A. Convert Acquisition Bank Guarantee to $3.4 Million Loan
Aug 26, 1997 ... LOMBARD, Ill. and BRUSSELS, Belgium, Aug. 26 /PRNewswire/ -- T. Kendall Hunt, VASCO Corp. (OTC-Bulletin Board: VASC) Chairman and CEO, announced that Banque Paribas Belgique S.A., Brussels, Belgium, has converted a $3.4 million bank guarantee into a five year Convertible Note at an ...
GeoResources, Inc. Reports Initial Pump Production for its Ballantyne-State/Steinhaus H1 Horizontal Well
Aug 26, 1997 ... WILLISTON, N.D., Aug. 26 /PRNewswire/ -- GeoResources, Inc. (Nasdaq: GEOI), a diversified natural resources exploration and production company, today announced that initial daily production from its Ballantyne-State/Steinhaus H1 (BSS H1) horizontal well was 277 barrels of oil and 340 ...
Praxair Selects NovaSoft As Its Document Management Solution
Aug 26, 1997 ...NovaManage Selected for Rapid Deployability and Rich Out-of-the-Box <Pre> Feature Set </Pre> BURLINGTON, Mass., Aug. 26 /PRNewswire/ -- NovaSoft Systems, Inc., a leader in integrated, rapidly deployable document management and workflow ...
$22 Billion Crestar Financial Corp. Chooses Microsoft Windows NT-Based Solution to Run Mission-Critical Bank Branch Operations
Aug 26, 1997 ... Argo Data Solution to Be Implemented at Approximately 4,000 WorkstationsREDMOND, Wash., Aug. 26 /PRNewswire/ -- Crestar Bank is converting all its branches to a computer infrastructure based on the Microsoft(R) Windows NT(R) Server network operating system....
Cole National Reports 42 Percent Increase in Earnings
Aug 26, 1997 ... CLEVELAND, Aug. 26 /PRNewswire/ -- Cole National Corporation (NYSE: CNJ), the leading vision care and personalization retailer, reported that second quarter earnings increased 42% to $7.4 million or $.59 per share, compared to last year's $.47 per share. Net revenue for the quarter was ...
Casey's Begins Fiscal Year With All-Time High Quarterly Sales & Earnings Performance: Declares Dividend
Aug 26, 1997 ... ANKENY, Iowa, Aug. 26 /PRNewswire/ -- Coming off its first billion-dollar- sales year, Casey's General Stores, Inc. (Nasdaq: CASY) has started the new fiscal year with record highs in both sales and earnings for the first quarter ended July 31. Sales increased by 11.8 percent, while ...
Object Design's ObjectStore PSE Pro for Java is 100% Pure Java Certified
Aug 26, 1997 ... BURLINGTON, Mass., Aug. 26 /PRNewswire/ -- Object Design, Inc. (Nasdaq: ODIS), the leading provider of object database software, today announced that its ObjectStore(R) PSE Pro for Java(TM) database has been certified by Sun Microsystems as a 100% Pure Java product. Object Design is the ...
Atlanta Internet Bank Experiences Significant, Fast Growth
Aug 26, 1997 ... ATLANTA, Aug. 26 /PRNewswire/ Atlanta Internet Bank (AIB) today signed up its 3000th account, continuing to demonstrate its ability to compete very effectively against traditional "brick and mortar" banks. The internet-based bank currently has deposits exceeding $43 million. NetB@nk, ...
Southern Company Energy Marketing Opens Office in Los Angeles
Aug 26, 1997 ... ATLANTA, Aug. 26 /PRNewswire/ -- Southern Company Energy Marketing has named Catherine Sullivan to head up its newly opened business development office in Los Angeles. Southern Company Energy Marketing is the natural gas and electricity -- trading and marketing -- business unit for ...
Labor Day Getaways Much Costlier Under U.N. Global Climate Proposal According to Coalition for Vehicle Choice
Aug 26, 1997 ... 50 Cent Hike in Gas Prices Could Cost Ohio Drivers $2.9 Billion Annually <Pre> While 80 Percent of World's Nations Get Free Ride </Pre> COLUMBUS, Ohio, Aug. 26 /PRNewswire/ -- As 31 million Americans take to the highway for Labor Day, a global climate ...
School of the Art Institute of Chicago Selects Neoglyphics to Design Web Site
Aug 26, 1997 ... CHICAGO, Aug. 26 /PRNewswire/ -- The School of the Art Institute of Chicago has selected Neoglyphics Media Corporation, the Chicago-based Internet development and applications company, as its agency for development of a Web site to serve as the Internet home of the prestigious ...
ReDOX Solidifies Position In Race To Bring Breakthrough Battery Technology To Market
Aug 26, 1997 ... HOUSTON, Aug. 26 /PRNewswire/ -- Richard A. Szymanski, President of ReDOX Technology Corporation (OTC Bulletin Board: RDOX) today announced the signing of an agreement which will solidify the company's position as a leader in the development of breakthrough battery technology for the ...
Molten Metal Technology Restructures to Continue Progress Into Commercial Operations
Aug 26, 1997 ... WALTHAM, Mass., Aug. 26 /PRNewswire/ -- Molten Metal Technology, Inc. (Nasdaq: MLTN) today announced a corporate restructuring to reduce costs as the company continues to progress into commercial operations. The company announced that it will eliminate 57 positions, primarily at its ...
Novartis Consumer Health, Inc. Announces Sale of 14 OTC Brands to Heritage Consumer Products For $20 Million
Aug 26, 1997 ... <Pre> Novartis Completes Streamlining Initiative </Pre> SUMMIT, N.J., Aug. 26 /PRNewswire/ -- Novartis Consumer Health, Inc., announced the sale of 14 over-the-counter pharmaceutical brands to Heritage Consumer Products, LLC, for $20 million. The sale has been ...
Terra Nova Group Completes $75,000,000 Bond Issue
Aug 26, 1997 ... HAMILTON, Bermuda, Aug. 26 /PRNewswire/ -- Terra Nova Insurance (UK) Holdings plc today completed the issue to institutional buyers of $75,000,000 7.2% Senior Notes due 2007 fully and unconditionally guaranteed on a senior basis by Terra Nova (Bermuda) Holdings Ltd. (NYSE: TNA). ...
CyberSites Inc. Links the Past to the Present Through the Web
Aug 26, 1997 ... <Pre> With the Launch of AncientSites and The Virtual Classroom Program, Ancient History Fans, Students, and Teachers Now Have a Destination for Their Interests on The Web </Pre> NEW YORK, Aug. 26 /PRNewswire/ -- CyberSites Inc., a leading ...
NYPA Approves Power Boost for Smith Barney, Inc.
Aug 26, 1997 ... LEWISTON, N.Y., Aug. 26 /PRNewswire/ -- Power Authority (NYPA) trustees Tuesday approved a new allocation of low-cost electricity for Smith Barney, Inc. (NYSE: XSB), to expand the company's investment banking and trading floors at 388 and 390 Greenwich Street in lower Manhattan in New ...
Orlando FL. $47M Special Assessment Revenues Rated By Fitch - Fitch Financial Wire -
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- Orlando, FL. $47,400,000 special assessment revenue bonds (Republic Drive Interchange Project), series 1997A, are rated 'AAA/F-1+' by Fitch. The rating is based on the 100% support of the initial transferable, irrevocable, direct-pay letter of credit ...
PDG Environmental, Inc. Announces New Credit Facility
Aug 26, 1997 ... MONROEVILLE, Pa., Aug. 26 /PRNewswire/ -- PDG Environmental, Inc. (OTC Bulletin Board: PDGE) has closed on a new credit facility with Finova Capital Corporation, a subsidiary of the Finova Group (NYSE: FNV). The new facility is for $2.0 million and consists of a 5 year term loan for ...
Netscape Broadens Retail Offering With Three New Software Suites
Aug 26, 1997 ... Netscape(R) Communicator Internet Access Edition, Netscape Communicator Deluxe Edition and Netscape Publishing Suite Provide Range of Solutions for Home and <Pre> Small Office Users </Pre> MOUNTAIN VIEW, Calif., Aug. 26 /PRNewswire/ -- Netscape ...
Delta Vacations: New Name, New Individual Approach
Aug 26, 1997 ... ATLANTA, Aug. 26 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) is rebranding its well-known packaged vacation product, Delta Dream Vacations, to Delta Vacations. The new name and logo are designed to project an image consistent with the main line product as well as the other products in ...
Magnum Hunter Announces New Well
Aug 26, 1997 ... IRVING, Texas, Aug. 26 /PRNewswire/ -- Magnum Hunter Resources, Inc. (Amex: MHR) ("Magnum Hunter") announced today the recompletion of its Ludeman 7-26 #2 well located in the Brunson Ranch Field, Loving County, Texas. The field is located in the deep Delaware Basin of West Texas. ...
Rexene Shareholders Approve Merger With Huntsman
Aug 26, 1997 ... DALLAS, Aug. 26 /PRNewswire/ -- Rexene Corporation (NYSE: RXN) announced today that shareholders, voting at a special meeting, have approved the proposed merger with a subsidiary of Huntsman Corporation. Previously, the Rexene Board of Directors had recommended that shareholders approve ...
Allstar Systems Announces New Austin Office Opening
Aug 26, 1997 ... HOUSTON, Aug. 20 /PRNewswire/ -- Allstar Systems, Inc. (Nasdaq: ALLS) announced today that it has entered the Austin, Texas market with a new branch office.Allstar Systems, Inc. executed a lease on a new branch location in Austin, Texas earlier this month and is now ...
Honda Unveils All-New Lineup of Best-Selling Accords
Aug 26, 1997 ... CLEVELAND, Aug. 26 /PRNewswire/ -- Honda took the wraps off the all-new 1998 Accord here today and revealed the most comprehensive redesign in the 22-year history of the car more consumers buy than any other.The Accord Sedan, which moves into the mid-size class with a much ...
Arbor Drugs, Inc. Declares Quarterly Cash Dividend
Aug 26, 1997 ... TROY, Mich., Aug. 26 /PRNewswire/ -- The Board of Directors of Arbor Drugs, Inc. (Nasdaq: ARBR), today declared a regular quarterly cash dividend of $.06 per share, payable October 7, 1997, to holders of record as of September 16, 1997.On an annualized basis, Arbor's ...
Bandag, Incorporated Declares Quarterly Dividend and Appoints Two New Directors
Aug 26, 1997 ... MUSCATINE, Iowa, Aug. 26 /PRNewswire/ -- The Board of Directors of Bandag, Incorporated (NYSE: BDG), Muscatine, Iowa, today declared a regular quarterly dividend of $.25 per share on the Common Stock, Class A Common Stock and Class B Common Stock of the Company, payable October 21, 1997 ...
CST Introduces New Products to Make Network Computing Easier By Generating Java Clients for Host Applications
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- CST, Inc., based in Atlanta, GA, today introduced additions to its family of Jacada products that further simplify and accelerate the generation of Java clients for mainframe and midrange applications and more easily deploy enterprise applications in ...
The Bank of New York Completes Acquisition of Corporate Trust Business of The Former Boatmens Bancshares
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- The Bank of New York Co., Inc. announced today that it has completed its acquisition of the corporate trust business of the former Boatmens Bancshares from NationsBank Corporation on schedule. NationsBank, headquartered in Charlotte, N.C., completed its ...
DCR Rates American Electric Power Co. Commercial Paper at 'D-2'
Aug 26, 1997 ... CHICAGO, Aug. 26 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has assigned an initial rating to American Electric Power Company's (AEP) commercial paper program at "D-2" (D-Two). AEP has an implied senior debt rating of "BBB+" (Triple-B-Plus); thus, the commercial paper rating ...
Duff & Phelps Credit Rating Co. Upgrades Columbus Southern Power Co. Debt Ratings; Reaffirms Preferred Stock Rating
Aug 26, 1997 ... CHICAGO, Aug. 26 /PRNewswire/ -- Duff & Phelps Credit Rating Co. (DCR) has upgraded the credit ratings of Columbus Southern Power Company (CSPC), an operating utility subsidiary of American Electric Power Company (AEP), excluding the rating for its preferred stock, which was reaffirmed. ...
ARMCO Inc. Rule 144A Senior Notes Rated 'B+' by S&P; Outlook Positive
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- Standard & Poor's today assigned its single-'B'-plus rating to Armco Inc.'s proposed $150 million senior notes due 2007. The notes will be issued under Rule 144A and will have registration rights. Proceeds from the issue will be used to refinance ...
Realty Income Corp. $300 Million Mixed Shelf Rated by S&P
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- Standard & Poor's today assigned its preliminary triple-'B'-minus/double-'B'-plus rating to Realty Income Corp.'s $300 million mixed (senior unsecured debt/preferred stock or subordinated debt) shelf.The company's triple-'B'-minus ...
Grupo Tribasa Ratings Still S&PWatch, Negative After Announcement
Aug 26, 1997 ... NEW YORK, Aug. 26 /PRNewswire/ -- Standard & Poor's single-'B'-plus local and foreign currency issuer credit ratings of Grupo Tribasa, S.A. de C.V. (Tribasa) remain on CreditWatch with negative implications, following the announcement of the Toll Roads Rescue Plan by the Mexican ...