PR Newswire back issues from Tuesday, October 6:
/NYSE CLOSING, MONDAY, OCTOBER 5/.
Oct 06, 1998 ... ESTIMATED DOLLAR VALUE FOR TODAY $32,218.0 BILLION FIVE MOST DOLLAR ACTIVE STOCKS TRADED TODAY <Pre> America Online Inc. 7,812,300 $789.6 Lucent Techs Inc.12,532,400 $727.6 IBM Corp. ...
Milberg Weiss Announces Aspen Technology, Inc. Named in Class Action.
Oct 06, 1998 ... NEW YORK, Oct. 5 /PRNewswire/ -- Notice is hereby given that a class action lawsuit was filed on October 5, 1998 in the United States District Court for the District of Massachusetts, on behalf of all persons who purchased the common stock of Aspen Technology, Inc. (Nasdaq: AZPN) ("Aspen" ...
Controller Reminds Homeowners of the Approaching Property Tax Postponement Deadline.
Oct 06, 1998 ... Program Provides Low-Interest Loans to Qualified Seniors and Disabled Persons SACRAMENTO, Calif., Oct. 5 /PRNewswire/ -- State Controller Kathleen Connell issued a reminder today to senior and blind or disabled homeowners that December 10 is the filing deadline for the state's ...
Court Approves Boston Chicken Inc.'s Interim Financing and First Day Orders.
Oct 06, 1998 ... GOLDEN, Colo., Oct. 5 /PRNewswire/ -- Boston Chicken, Inc. (Nasdaq: BOST) today announced that following the company's filing of a voluntary Chapter 11 petition earlier today, the U.S. Bankruptcy Court for the District of Arizona in Phoenix has approved the company's request for the ...
First Prudhoe Bay Satellite Oil Field Starts Production.
Oct 06, 1998 ... ANCHORAGE, Alaska, Oct. 5 /PRNewswire/ -- ARCO Alaska, Inc., Exxon Company USA and BP Exploration (Alaska) Inc. today announced that long-term test production has started from the Midnight Sun oil field adjacent to Prudhoe Bay. Midnight Sun is producing approximately 2,000 ...
AutoZone Announces Fiscal 1998 Net Income Up 17%; EPS Up 16%; Fourth Quarter Net Income and EPS Up 13%; Fourth Quarter Sales Exceed $1 Billion.
Oct 06, 1998 ... MEMPHIS, Tenn., Oct. 5 /PRNewswire/ -- AutoZone, Inc. (NYSE: AZO), today reported net income for the 16 weeks ended August 29, 1998, of $92.1 million, an increase of 13% from $81.5 million for the fiscal fourth quarter of 1997. Diluted earnings per share increased 13% to 60 cents from 53 ...
Phoenix Leisure Corporation Announces that the Company's Casino Site on the Mississippi Gulf Coast Has Sustained no Major Damage Because of Hurricane Georges.
Oct 06, 1998 ... LAS VEGAS, Oct. 5 /CNW-PRN/ - Phoenix Leisure Corporation TRADING SYMBOL: PLS Phoenix Leisure Corporation (``The Company'') announces that the preliminary indications are that no major damage to the Company's casino site, on the Mississippi Gulf Coast, has been ...
San Francisco School-to-Career Partnership Awarded Flagship State Grant.
Oct 06, 1998 ... Organization Links City Schools with Employers to Improve Student Learning SAN FRANCISCO, Oct. 5 /PRNewswire/ -- The San Francisco School-to-Career Partnership, a unique collaboration between City schools, businesses, and labor and civic organizations, received its first major ...
Clean-Up Crews Demobilize Response to Gulf Oil Spill.
Oct 06, 1998 ... NEW ORLEANS, Oct. 5 /PRNewswire/ -- The clean-up and containment activities of a pipeline oil spill yesterday in the Gulf are being demobilized this afternoon and placed in a stand-by mode. Oil leaked from Chevron's South Pass 49 System as it was being tested yesterday, and about 3,000 to ...
National Bancorp of Alaska Announces Earnings of $43 Million Through Third Quarter of 1998.
Oct 06, 1998 ... ANCHORAGE, Alaska, Oct. 5 /PRNewswire/ -- National Bancorp of Alaska's (Nasdaq: NBAK) net income through September 1998 was $43.0 million, compared to $38.5 million for the first nine months of 1997, according to Ed Rasmuson, chairman of the bank's board of directors. The earnings per ...
Grupo Sidek Announces Assets Sales Report From September 1, to September 30, 1998.
Oct 06, 1998 ... GUADALAJARA, Mexico, Oct. 5 /PRNewswire/ -- Grupo Sidek, S.A. de C.V. (OTC Bulletin Board: GPSAY GPSBY) today announced a report regarding assets sales from September 1, 1998 to September 30, 1998, pursuant to its obligations under the restructuring agreements entered into with Sidek ...
Hilton and Grand Casinos Ratings Remain on Standard & Poor's Watch.
Oct 06, 1998 ... NEW YORK, Oct. 5 /PRNewswire/ -- Standard & Poor's ratings of Hilton Hotels Corp. remain on CreditWatch with negative implications (see list below), where they were placed in July 1998 following the company's announcement that it was spinning off its gaming assets, and subsequently merging ...
NetGateway Rescinds Offer to Acquire Admor Memory Corp.
Oct 06, 1998 ... NetGateway to Invest in Admor and Sign Long-Term Agreement to Help Admor Become the Memory Industry's E-Commerce Leader LONG BEACH, Calif., Oct. 5 /PRNewswire/ -- NetGateway Inc. (OTC Bulletin Board: NGWY) today announced its decision to rescind the previously ...
Maximum Bandwidth Announces Star Trek Titles for Holiday 1998, Including First-Ever DVD Title.
Oct 06, 1998 ... HOLLYWOOD, Calif., Oct. 5 /PRNewswire/ -- Maximum Bandwidth, the web's largest source for Star Trek(TM) software, announced today that its 98 holiday lineup will include cutting-edge first-person adventures, strategy simulations and the first-ever Trek title for the booming DVD market. ...
AIMCO Ratings Affirmed; Insignia & Unit Off S&PWatch Re: Merger.
Oct 06, 1998 ... NEW YORK, Oct. 5 /PRNewswire/ -- Standard & Poor's today affirmed its ratings on Apartment Investment and Management Co. (AIMCO) (See list below). Standard & Poor's today raised its rating on Insignia Financing I's trust convertible preferred stock to double-'B'-minus from single-'B'-plus ....
Milberg Weiss Files Class Action Suit Against CBT Group PLC and Its Officers and Directors Alleging Misrepresentations, False Financial Statements and Insider Trading.
Oct 06, 1998 ... SAN DIEGO, Oct. 5 /PRNewswire/ -- Milberg Weiss today announced that a class action has been commenced in the United States District Court for the Northern District of California on behalf of persons who purchased or otherwise acquired CBT Group PLC ("CBT Group") (Nasdaq: CBTSY) American ...
Eagle Casket Outlets: Beating The High Cost of Burial.
Oct 06, 1998 ... AUSTIN, Texas, Oct. 5 /PRNewswire/ -- Shopping around is always sound financial advice, but comparing costs for funeral expenses may seem unimaginable, particularly after the loss of a loved one. In the aftermath of such a loss, it is difficult to think about the decisions that ...
Banks Are Well Prepared for Economic Change, Says RMA Chairman.
Oct 06, 1998 ... SAN DIEGO, Oct. 5 /PRNewswire/ -- While the financial-services industry is undergoing an intense period of change, it faces those challenges with a strong capital base and healthy reserves, said Lee B. Murphey, newly-elected chairman of RMA, the international association of lending and ...
Following Is a Test Release.
Oct 06, 1998 ... TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - TESTING - TESTING TESTING - ...
UTU 'Takes Wrong Track Again,' BLE Says; End of Talks May Mean Renewal of Interunion Hostilities.
Oct 06, 1998 ... CLEVELAND, Oct. 5 /PRNewswire/ -- The Brotherhood of Locomotive Engineers President Clarence Monin issued a stern warning today to the United Transportation Union after the UTU informed the BLE that it is ending conciliation talks and renewing its petition for a winner-take-all ...
Arianespace Flight 109: Double Success for European DBS Industry.
Oct 06, 1998 ... WASHINGTON, Oct. 5 /PRNewswire/ -- On October 5, 1998, Arianespace successfully launched two direct broadcast satellites (DBS): W2 for Eutelsat, and Sirius 3 for the Swedish company NSAB. Flight 111 was carried out by an Ariane 44L, the version of the European launcher with four ...
Baan Company Selects Cypres ERP Technology As Consulting Partner For Dutch Market.
Oct 06, 1998 ... BARNEVELD, The Netherlands and RESTON, Va., USA, Oct. 6 /PRNewswire/ -- Baan Company N.V. (ASE: BAAN; Nasdaq: BAANF), a leading global provider of enterprise applications today announced that it has selected Cypres ERP Technology B.V., an Avalix Groep company, as a Baan Company Consulting ...
Nu Skin Enterprises Announces Plans to Acquire Pharmanex, Inc.
Oct 06, 1998 ... Acquisition Combines One of the Largest Direct Selling Companies with Innovative Developer of Natural Health Supplements PROVO, Utah, Oct. 6 /PRNewswire/ -- Nu Skin Enterprises, Inc. (NYSE: NUS) and Generation Health Holdings, Inc. today announced that they have ...
HEMISPHERX Announces Twenty Year Anniversary of Clinical Programs Probing the Human Immune System.
Oct 06, 1998 ... Pioneering Interferon Research Leads to 2nd & 3rd Generation Antiviral Compounds PHILADELPHIA, Oct. 6 /PRNewswire/ -- HEMISPHERX BIOPHARMA (Amex: HEB) said today it was the 20th anniversary of its scientists' first clinical publication on the product interferon, which ...
Sybase Provides Integrated Solution for Connectivity in Heterogeneous Environments.
Oct 06, 1998 ... EnterpriseConnect Strengthens Sybase's Commitment to Middleware Solutions EMERYVILLE, Calif., Oct. 6 /PRNewswire/ -- Strengthening its industry-leading middleware solutions for organizations with heterogeneous data management environments, Sybase, Inc. (Nasdaq: SYBS) today ...
Sybase Introduces Enterprise Data Studio for Quickly and Cost-Effectively Accessing, Managing and Distributing Information.
Oct 06, 1998 ... New Enhancements in Database Improve Performance and Scalability Of Packaged Applications EMERYVILLE, Calif., Oct. 6 /PRNewswire/ -- Sybase, Inc. (Nasdaq: SYBS) today announced Enterprise Data Studio(TM), an integrated product set of leading database, data access and ...
Australian National Industries Ltd. on Standard & Poor's Watch Negative.
Oct 06, 1998 ... MELBOURNE, Australia, Oct. 6 /PRNewswire/ -- Standard & Poor's today placed its triple-'B'-minus/'A-3' ratings of Australian National Industries Ltd. (ANI) on CreditWatch with negative implications, reflecting uncertainty over the company's future business and financial risk profile should ...
Standard & Poor's Lowers Japan Steelmaker NKK 'pi' Rating to 'Bpi'.
Oct 06, 1998 ... TOKYO, Oct. 6 /PRNewswire/ -- Standard & Poor's today lowered its rating based on public information, or 'pi' rating, of NKK Corp. to single-'Bpi' from double-'Bpi'. The downgrade follows NKK's announcement of plans to restructure an unprofitable Japanese mini-mill subsidiary, ...
Halloween Feature Package.
Oct 06, 1998 ... The following feature package is a roundup of feature stories dealing with Halloween appropriate for special sections and for general use. For those receiving this copy via computer, the stories are easily identified by the initial word of the slug: "Halloween". This ...
This Halloween Don't Sweat the Sweet Stuff: Sugar Smarts.
Oct 06, 1998 ... NEW YORK, Oct. 6 /PRNewswire/ -- Like most parents, you probably worry about the amount of sugar in your child's diet. But you probably have less to worry about than you think. Here, from Ellen Christian, group publisher of Scholastic Parent & Child Magazine and Early Childhood ...
Top 10 Halloween Costume Predictions.
Oct 06, 1998 ... Trick-or-Treaters Spend $2.5 Billion to Celebrate America's Second Biggest Holiday NEW YORK, Oct. 6 /PRNewswire/ -- Inspired by current characters from cartoons, movies, and television shows, the Home Sewing Association predicts this year's top Halloween costume ...
Halloween Treats That Won't Cause Cavities.
Oct 06, 1998 ... MILFORD, Conn., Oct. 6 /PRNewswire/ - As Halloween approaches and you plan ghoulish party recipes, children's costumes and the array of treats to be distributed to neighborhood kids, it might be wise to consider healthy alternatives to candy as a Halloween "treat." If you think ...
Donate Stickers to Help Children in Hospitals Enjoy Halloween.
Oct 06, 1998 ... LOS ANGELES, Oct. 6 /PRNewswire/ -- For children in hospitals, Halloween is not much fun. This year, Sticker Planet, a national mail-order sticker catalog, is donating 15 of its Jackie-Lantern Packs to each of several major children's hospitals to help make Halloween a bit more festive ...
Halloween Is Boooo-ming Business.
Oct 06, 1998 ... CLEVELAND, Oct. 6 /PRNewswire/ -- Who would have thought a garbage bag could turn a day of dress-up for children into a season-long celebration? According to Deborah Harding, author of "Tricks & Treats, The Ultimate Halloween Book," (Reader's Digest, 1998) when those orange yard bags with ...
Keeping Kids Safe at Halloween; The Dow Chemical Company Has Created a Fun, Safe Alternative.
Oct 06, 1998 ... HOUSTON, Oct. 6 /PRNewswire/ -- As Halloween approaches, children are anxious to select their costumes, go trick or treating and search out ghosts and goblins. But when children outgrow trick or treating and parents grow increasingly leery of collecting candy from strangers, you have to ...
Come Visit Halloweentown - Where Witches, Goblins, Vampires and Ghouls Live 365 Days a Year.
Oct 06, 1998 ... BURBANK, Calif., Oct. 6 /PRNewswire/ -- Consider Halloweentown, population spooky for your next holiday destination. Of course, if you are a mortal, certain blackout dates do apply -- like, 364 days a year -- so you better purchase your round-trip ticket for October 31, because that is ...
Trick to Halloween Success? Order Treats by Catalog.
Oct 06, 1998 ... NEW YORK, Oct. 6 /PRNewswire/ -- "At Halloween, my mother and sister and I put a few big scarecrows in front of our house in Brooklyn, plus strings of lights shaped like witches, and lots of different-shaped candles," says Andrea Buovollo, a Wall Street sales assistant. "Everybody on our ...
Halloween Treat - For Grown-Up Goblins.
Oct 06, 1998 ... NEW YORK, Oct. 6 /PRNewswire/ -- Why should kids have all the fun on this most creative of all holidays.Throw a party for adult friends on October 31st -- a Saturday night as luck would have it -- with the challenge to "come as you're NOT." You might want to give a prize ...
1998 Saturday Night Halloween Gives Adults Happy Haunting Grounds.
Oct 06, 1998 ... BLOOMFIELD HILLS, Mich., Oct. 6 /PRNewswire/ -- The fact that Halloween falls on Saturday this year accelerates a trend that began several years ago: Adults are participating wholeheartedly in a holiday once reserved exclusively for children. With $2.5 billion in sales and ...
Everyone's Favorite Ghost Returns with a New Friend in an All-New Adventure Premiering Exclusively on Home Video - Casper Meets Wendy.
Oct 06, 1998 ... Live-Action/Animated, Family Movie Features an All-Star Cast Including Cathy Moriarty, Shelley Duvall, Teri Garr and George Hamilton Premiering Only on Home Video September 22 CENTURY CITY, Calif., Oct. 6 /PRNewswire/ -- Making its premiere only on home ...
New Study Finds Fortified Foods Are Significant Contributors of Vitamins And Minerals to U.S. Children's Diets.
Oct 06, 1998 ... Ready-to-Eat Cereal Scores High Marks with Folate, Vitamin A, Vitamin C, Iron and Zinc BATTLE CREEK, Mich., Oct. 6 /PRNewswire/ -- According to a new National Cancer Institute (NCI) and U.S. Department of Agriculture (USDA) study published in the October issue of ...
Leading E-Commerce Companies Join Forces to Benefit Merchants.
Oct 06, 1998 ... Formation of Merch.net Creates Alliance of Best-of-breed E-commerce Applications That Take E-Tailing to the Next Level NEW YORK, eRetailing '98, Oct. 6 /PRNewswire/ -- A group of leading e-commerce companies today announced the formation of Merch.net, an alliance ...
Zomax Optical Media, Inc. Announces Third Quarter 1998 Financial Results Will Be Lower Than Analysts' Estimates.
Oct 06, 1998 ... MINNEAPOLIS, Oct. 6 /PRNewswire/ -- Zomax Optical Media, Inc. (Nasdaq: ZOMX) today announced its third quarter 1998 financial results will be lower than analysts' expectations. The Company expects third quarter 1998 revenues will be approximately $14.8 million and diluted earnings per ...
Free Halloween Portraits & Safe Costume Screening at Sears Portrait Studios.
Oct 06, 1998 ... ST. LOUIS, Oct. 6 /PRNewswire/ -- This Halloween, parents won't have to worry about whether they have film in the camera, if the flash will work, or if "red eye" will spoil the photo of their precious ballerina. Now through October 31, all Sears Portrait Studios in the United States will ...
Buena Vista Home Video 'Delivers' a Special Halloween Treat.
Oct 06, 1998 ... KIKI'S DELIVERY SERVICE 'Two Thumbs Up,' Say Siskel and Ebert BURBANK, Calif., Oct. 6 /PRNewswire/ -- Get your broomsticks ready for a delightful, high-flying family adventure. Featuring a "bewitching" cast of celebrity vocal talent, KIKI'S DELIVERY SERVICE is the ...
Kids Can Do 'The Monster Mash' This Halloween with the Release of 'Elmo Says Boo!'.
Oct 06, 1998 ... First Ever Halloween Audio Title from Sesame Street Features All New Version of Pop Classic 'The Monster Mash' NEW YORK, Oct. 6 /PRNewswire/ -- Do "The Monster Mash" kid-style this Halloween with an all-new version of the smash pop song sung by the Sesame Street ...
Spencer Gifts: America's Halloween Headquarters.
Oct 06, 1998 ... ATLANTIC CITY, N.J., Oct. 5 /PRNewswire/ -- Now it truly is that time of year again.All Hallow's Eve (a.k.a. Halloween) is the night that ghosts and goblins walk the earth. People light candles and masquerade in frightening costumes to ward off the spirits of the dead, who return ...
Find Frightening Fun and Treats in Kmart's Scarewood Forest.
Oct 06, 1998 ... Scary Savings on Candy, Costumes and Decorations Now Available at Kmart TROY, Mich., Oct. 6 /PRNewswire/ -- It's that time again: for tricks and treats, spooks and screams, and with Halloween falling on a Saturday this year, kids and adults alike are more likely to participate ...
Toonsylvania Gears Up For Second Season With First-Ever Merchandising Program.
Oct 06, 1998 ... Toonsylvania Promotions and Product Spearheaded by Burger King Corporation and Toy Island UNIVERSAL CITY, Calif., Oct. 06 /PRNewswire/ -- Spearheaded by Burger King corporation and Toy Island, the first-ever licensing and promotional program in support of DreamWorks ...
Standard & Poor's Assigns AA/A-1+ Ratings To Akademiska $1 Billion Debt Issue.
Oct 06, 1998 ... LONDON, Oct. 6 /PRNewswire/ -- Standard & Poor's today assigned its double-'A' long-term and 'A-1'-plus short-term ratings to the $1 billion medium-term note 'Debt Issuance Program' of Statliga Akademiska Hus AB (Akademiska Hus). At the same time, Standard & Poor's also affirmed its ...
Zomax Optical Media, Inc. Announces Investment in Internet Based Licensee and Reseller of Computer Software.
Oct 06, 1998 ... MINNEAPOLIS, Oct. 6 /PRNewswire/ -- Zomax Optical Media, Inc. (Nasdaq: ZOMX) today announced a $5.0 million investment in Chumbo Holdings Corporation, a Minneapolis based Internet licensee and reseller of computer software. Chumbo has developed proprietary software for Internet commerce ...
New Book on Sibling Abuse Trauma: A Rarely-Addressed Problem on the Rise Due To Parental Absence.
Oct 06, 1998 ... LOS ANGELES, Oct. 6 /PRNewswire/ -- "I love him like a brother." Or, "I treat her as if she were my own sister." Such words suggest a strong and positive emotional bond -- or so most people would assume. Not John Caffaro, PhD, an associate professor of clinical psychology at ...
Rugrats Touch a Chord with Parents.
Oct 06, 1998 ... America's Favorite Babies Appearing on American Greetings Halloween Products CLEVELAND, Oct. 6 /PRNewswire/ -- Every once in a while, a rare thing happens: something intended for children becomes a surprising hit with adults. Whether it's adults collecting stuffed bean bag ...
New Web Site Answers Demand for Digital Imaging Resource, Network and Specialty Consumables.
Oct 06, 1998 ... Over 600 Graphic Professionals Join Network 1st Month On-Line SCARSDALE, N.Y., Oct. 6 /PRNewswire/ -- MediaStreet.com has been formed to answer the growing demand for digital imaging consumables to enhance the daily workflow of today's Professional Graphic Service Provider, and ...
The Best of France and Europe Offered by Air France Holidays.
Oct 06, 1998 ... NEW YORK, Oct. 6 /PRNewswire/ -- "We love Europe too much to fly you only to Paris," says one of Air France's advertisements. This is particularly true with the newly released Air France Holidays 1998/1999 Winter Brochure; it offers a vast array of independent tour packages throughout ...
Through Harvest Season and Beyond: New ZIPLOC Brand Slide-Loc Bags Offer Tips, Recipes and Survey Results.
Oct 06, 1998 ... One in Four Americans Grows Fruits and Vegetables at Home#; Proper Storage Allows Them to Enjoy Their Produce Year-Round RACINE, Wis., Oct. 6 /PRNewswire/ -- With harvest season in full swing, the more than 26 million U.S. fruit and vegetable gardeners# may find ...
StaffMark Announces Corporate Promotions in Accounting & Finance, Mergers & Acquisitions, and Information Systems.
Oct 06, 1998 ... FAYETTEVILLE, Ark., Oct. 6 /PRNewswire/ -- StaffMark, Inc. (Nasdaq: STAF), a leading provider of diversified staffing, information technology, professional and consulting services, today announced the promotions of Alex Stallings, Randy Grigg, and J. Kevin Brown. Stallings has been named ...
USA Chicago Launches Web Site; Features Advice for Business-to-Business Marketers.
Oct 06, 1998 ... CHICAGO, Oct. 6 /PRNewswire/ -- USA Chicago, Inc., an international marketing and communications firm that pioneered the use of interactive media, has launched a Web site featuring tips for business-to-business marketers of products and services. Since 1985, the 19-year-old ...
MultiGen Inc. and Paradigm Simulation Inc. Complete Merger Transaction.
Oct 06, 1998 ... MultiGen-Paradigm, Inc. to Provide Leading Solutions and Professional Services For Realtime 3D Simulation Markets SAN JOSE, Calif., Oct. 6 /PRNewswire/ -- MultiGen(R) Inc. and Paradigm Simulation, Inc., both leaders in realtime 3D software technology, today announced ...
Carl Thompson Associates Retained By King Power International For One-Year National Investor Relations Program.
Oct 06, 1998 ... LOUISVILLE, Colo., Oct. 6 /PRNewswire/ -- Carl Thompson Associates, Inc., one of the nation's leading investor relations firms, has been retained by King Power International Group (Amex: KPG) of Bangkok, Thailand to implement a one-year, national investor relations program to increase ...
Simtek Quadruples Nonvolatile SRAM Density By Offering Four 256K Chips in 1-Megabit Module; Replaces Battery-Backed RAM & EEPROM.
Oct 06, 1998 ... COLORADO SPRINGS, Colo., Oct. 6 /PRNewswire/ -- Simtek Corporation (OTC Bulletin Board: SRAM), provider of the world's fastest reprogrammable nonvolatile semiconductor memories, has started deliveries of a 1-Megabit Module incorporating four of the company's 256-kilobit nvSRAMs, thus ...
ESS Technology, Inc. Endorses China's Super VCD and Announces New Product for Super VCD.
Oct 06, 1998 ... BEIJING, Oct. 6 /PRNewswire/ -- ESS Technology, Inc. (Nasdaq: ESST) today endorsed the Super VCD (SVCD) standard set by the China National Committee of Standards, and introduced its SVCD chip, the ES4108, to support the new standard. At a news conference held today in Beijing, ...
Sunterra Corporation Completes $32.8 Million Mortgages Receivable Sale.
Oct 06, 1998 ... ORLANDO, Fla., Oct. 6 /PRNewswire/ -- Sunterra Corporation (NYSE: OWN) today announced that it has completed the sale of $32.8 million of mortgage receivables for $33.4 million in cash, or 102% of face value, in two transactions. Sunterra used the proceeds of the sale to repay $17.5 ...
``Gulfstream Announces Strategic Agreement''.
Oct 06, 1998 ... TORONTO, Oct. 6 /CNW-PRN/ - Gulfstream Resources Canada Limited -- GUR, Toronto -- announced today that, effective September 30, 1998, it has entered into a comprehensive strategic agreement with Atlantic Richfield Company (ARCO). Both companies hold a 27.5% interest in the Qatar ...
S&P Places NPI Ratings on CreditWatch Developing.
Oct 06, 1998 ... LONDON, Oct. 6 /PRNewswire/ -- Standard & Poor's today placed on CreditWatch, with developing implications, the ratings on National Provident Institution (NPI) and NPI Finance PLC. This action follows the announcement by NPI that it is in active discussions with several potential partners ...