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PR Newswire articles from Friday, November 30

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=20011130" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, November 30:

Peoples Energy Discusses Impact of Enron Contracts.

Nov 30, 2001 ... CHICAGO -- Peoples Energy today announced that its financial exposure to Enron for existing receivables is negligible and that its financial exposure for hedging and trading activities associated with its diversified energy businesses is approximately $8 million at current market prices. ...

Author's Book On Exclusion of Others Earns 2002 Grawemeyer Religion Award.

Nov 30, 2001 ... LOUISVILLE, Ky. -- Is there any hope of embracing our enemies? Of opening the door to reconciliation? Yale University theologian Miroslav Volf argues in his book "Exclusion & Embrace: A Theological Exploration of Identity, Otherness, and Reconciliation" that exclusion of people who are ...

Statement From Rob Andrew's Family - E.R. Andrew, Father.

Nov 30, 2001 ... OKLAHOMA CITY -- The following statement was issued today by E.R. Andrew, the father of Rob Andrew. He stated, "As you know, charges filed earlier today named Brenda Andrew, Rob's estranged wife, and her friend, insurance agent Jim Pavatt in Rob Andrew's murder. "Our first ...

Cauley Geller Bowman & Coates, LLP Announces Class Action Lawsuit Against Noven Pharmaceuticals, Inc. on Behalf of Investors.

Nov 30, 2001 ... LITTLE ROCK, Ark. -- The Law Firm of Cauley Geller Bowman & Coates, LLP announced today that a class action has been filed in the United States District Court for the Southern District of Florida on behalf of purchasers of Noven Pharmaceuticals, Inc. ("Noven" or the "Company") publicly ...

Oracle and Borland Boost Developer Productivity; Borland to Include Oracle9i Application Server Integration Plug-in for JBuilder(TM) 6.

Nov 30, 2001 ... REDWOOD SHORES, Calif. -- (http://www.oracle.com/tellmemore/?1150503 ) Oracle Corp , the world's largest enterprise software company, today announced integration of Oracle9i Application Server (Oracle9iAS) with Borland (R), JBuilder(TM) 6, the market leading Java(TM) development ...

PR Newswire Photo Advisory for Thursday, November 29, 2001 at 11 p.m. EDT.

Nov 30, 2001 ... PRNewsFotos are available to the news media at no charge. High-resolution images can be downloaded from NewsCom Online (http://www.newscom.com/ ) or AP Photo Archive (http://photoarchive.ap.org/ ). PRNewsFotos are also distributed via the AP PhotoExpress Network and Presslink Online. ...

Delta Connection Carrier SkyWest Participating Fully With U.S. Customs Service Advance Passenger Information System Program.

Nov 30, 2001 ... ATLANTA -- A list released earlier this week by the United States Customs Service incorrectly included Delta Connection carrier SkyWest Airlines among carriers who are not currently participating in the Advance Passenger Information System (APIS) program. Delta Connection, Inc ....

CAIR: Colin Powell Hosts Ramadan Dinner for U.S. Muslims.

Nov 30, 2001 ... WASHINGTON -- Secretary of State Colin L. Powell hosted a Ramadan "Iftar" dinner this evening for representatives of the American Muslim community. Dinner attendees included several Muslim fire department and police personnel who took part in the relief efforts following the recent ...

Casey Campaign Responds to Rendell Campaign.

Nov 30, 2001 ... The following letter has been released by the Casey for Governor Committee: <Pre> November 29, 2001 David Sweet Rendell for Governor 124 South 15th Street, 3rd Floor Philadelphia, Pennsylvania 19102 Dear Dave: </Pre> I see you have as much trouble with ...

FirstEnergy To Sell Four Coal-Fired Power Plants To NRG.

Nov 30, 2001 ... Nov. 29 /PRNewswire/ -- FirstEnergy Corp. announced today that it has reached an agreement to sell four coal-fired power plants located along Lake Erie in Ohio to NRG Energy, Inc. . The sale is expected to close mid-2002. Under terms of the agreement, the 376-megawatt (MW) Ashtabula ...

Medwave, Inc. Hires Vice President Of Business Development and International Sales.

Nov 30, 2001 ... ST. PAUL, Minn. -- Medwave, Inc. announced today that they have hired Mr. Rocco Morelli as their Vice President of Business Development and International Sales. Mr. Morelli joins Medwave after spending several years in sales management and business development with SIMS BCI. During his ...

/C O R R E C T I O N - Boise Cascade Corp./.

Nov 30, 2001 ... In the news release, Boise Cascade Completes $150 Million Offering of ACES Units, issued yesterday, Nov. 29, by Boise Cascade Corp. over PR Newswire, we are advised by the company that the following paragraph should be inserted between the third and fourth paragraphs: The ...

Aspen Education Group Announces Youth Care Residential Treatment Center Expansion Project Completion.

Nov 30, 2001 ... CERRITOS, Calif. -- Youth Care Residential Treatment Center is proud to announce the completion of its expansion project and the opening of its new building. Youth Care was established in 1989 and has built an outstanding reputation for working with children ages 12-18 who are ...

McDATA Earns Listing in S&P MidCap 400.

Nov 30, 2001 ... BROOMFIELD, Colo. -- McDATA(R) Corporation , the worldwide leader in open storage networking solutions, announced that beginning today the company will be included in the Standard & Poor's MidCap 400 Index. Specifically, McDATA will be added to the S&P MidCap 400 Global Industry ...

Fagan Communication.

Nov 30, 2001 ... DENVER, Colo. -- The Quizno's Corporation reported today that the following letters were exchanged between Fagan Capital, Inc. (Fagan Capital) and the Company's Special Committee of the Board of Directors (Quizno's Special Committee). <Pre> November 28, 2001 Letter from Quizno's ...

WolfeTech CEO Featured Guest Speaker at Software Council Of Southern California's Event.

Nov 30, 2001 ... CLAREMONT, Calif. -- WolfeTech Development Corporation(TM), a leading software developer for wireless devices, announced that its CEO, Surya Jayaweera, was a featured guest speaker at the Software Council of Southern California's eBusiness Special Interest Group event, held November 29th, ...

Boise Cascade Completes $150 Million Offering of ACES Units.

Nov 30, 2001 ... BOISE, Idaho -- Boise Cascade Corp. announced today that it has completed an offering of $150 million of Adjustable Conversion-Rate Equity Security ("ACES") Units and has granted the underwriters an option to purchase an additional $22.5 million of ACES Units to cover over-allotments. ...

Singapore Buddhist Group Supports Afghan Relief Effort.

Nov 30, 2001 ... TOKYO, Nov. 29 /PRNewswire/ -- The Singapore Soka Association , a constituent organization of the international lay Buddhist group Soka Gakkai International (SGI), has collected S$20,144 (approx. US$11,000) to aid the growing number of Afghan refugees, many of whom are now facing a harsh ...

RoboGroup Announces Continued Third Quarter and Nine-Month Revenue Growth.

Nov 30, 2001 ... ROSH HA'AYIN, Israel -- RoboGroup T.E.K. Ltd. , today reported third quarter 2001 revenues of NIS 21.9 million ($5 million), up 22 percent from third quarter 2000 revenues of NIS 17.9 million ($4.1 million) (approximately NIS 16 million ($3.7 million) prior to applying SAB 101). For the ...

Gerber Scientific, Inc. Reports Second Quarter Results.

Nov 30, 2001 ... SOUTH WINDSOR, Conn. -- Gerber Scientific, Inc. reported an 18 percent increase in second-quarter net earnings on an eight percent decline in revenue. The Company benefited from last year's cost reduction initiatives, further spending reductions commensurate with the lower level of ...

Schweiker Administration Honors 100 PA Companies As `Best Places to Work in PA'.

Nov 30, 2001 ... HARRISBURG, Pa. -- On behalf of Pennsylvania Gov. Mark Schweiker, Labor and Industry Secretary Johnny J. Butler tonight honored 100 Pennsylvania companies voted "The 2001 Best Places to Work in PA." The award program, created last year by the Ridge-Schweiker Administration and ...

Euphonix Receives New Borrowing Facility of Up to $6.0 million; Restructuring of Debt Extends Maturity Date to December 2003.

Nov 30, 2001 ... PALO ALTO, Calif. -- Euphonix, Inc. (BULLETIN BOARD: EUPH.OB) today announced that it has secured a new borrowing facility of up to $6.0 million. The facility will be used to support investment in new product development and future operations. The facility was obtained from Dieter Meier ...

Microsoft's Build Your Business Tour Marks New Year of Technology Workshops For African-American and Hispanic Small-Business Owners; National Technology Partner Compaq; Small Business Associates Tavis Smiley and Jeff Lopez Join in Tour.

Nov 30, 2001 ... WASHINGTON -- Today Microsoft Corp. kicked off the second year of its multicity Build Your Business Tour in Washington, D.C. The tour provides free workshops on the benefits of technology to African-American and Hispanic small-business owners throughout the country. Build Your Business ...

JDN Realty Corporation Announces Court Approval Of Class Action and Derivative Settlements.

Nov 30, 2001 ... ATLANTA -- JDN Realty Corporation today announced that the court has approved its previously announced agreements to settle a securities class action and a related derivative lawsuit. At a final fairness hearing held November 15, 2001, the United States District Court, in approving the ...

The Home Depot(R) on Track to Deliver Strong Sales And Earnings Growth Through 2004.

Nov 30, 2001 ... ATLANTA -- The Home Depot , the world's largest home improvement retailer, announced today that it expects to grow revenues between 15 and 18 percent annually from 2002 through 2004. The forecast keeps the company on track to double its size to $100 billion in revenues by 2005. During ...

Verilink Adopts Stockholder Rights Plan.

Nov 30, 2001 ... HUNTSVILLE, Ala. -- Verilink Corporation , a leading supplier of business-to- business broadband access solutions, announced today that its Board of Directors has approved the adoption of a Stockholder Rights Plan designed to protect the long-term value of Verilink and to ensure that all ...

Avado Brands to Defer Debt Service Payments.

Nov 30, 2001 ... MADISON, Ga. -- Avado Brands, Inc. (BULLETIN BOARD: AVDO) today announced that it intends to delay the payment of the semi-annual interest due December 1, 2001 to holders of its 9-3/4% Senior Notes, but plans to make the interest payment within the 30 day no-default period provided for ...

Delta to Expand Codeshare Service in Europe With British European.

Nov 30, 2001 ... ATLANTA -- Delta Air Lines and British European today announced they would expand the present codeshare to five new destinations in Europe beginning Nov. 30, 2001. Delta said it would place its code on British European flights from Shannon, Ireland to Birmingham, U.K.; from ...

Crystallex to be Added to TSE 300 Composite Index.

Nov 30, 2001 ... VANCOUVER, British Columbia -- Crystallex International Corporation Toronto is pleased to announce that the Company's stock will be added to the TSE 300 Composite Index and the TSE 300 Capped Indices in the Gold and Precious Metals Group (02.03) and the Materials Sector (TXBM) of the ...

Colonial Properties Trust Announces Quarterly Dividend on Preferred Shares.

Nov 30, 2001 ... BIRMINGHAM, Ala. -- Colonial Properties Trust , announced that its Board of Trustees declared fourth quarter 2001 dividends for the Company's preferred shares. The Series A Cumulative Redeemable Preferred Shares dividend of $0.5469 per preferred share will be paid on December ...

The Profit Recovery Group International Announces Exercise Of Over-Allotment Option for Issuance of Additional $15 Million Of Convertible Subordinated Notes.

Nov 30, 2001 ... ATLANTA -- The Profit Recovery Group International, Inc. today announced that the over-allotment option in its $95 million convertible notes offering has been exercised in full by the underwriters for an additional $15 million of convertible subordinated notes, bringing the total ...

Porex Introduces Fiber Components.

Nov 30, 2001 ... FAIRBURN, Ga. -- Porex Porous Products Group, the world's leading supplier of OEM porous plastic components, is pleased to introduce POREX(R) Fiber Components. The new thermally bonded, oriented fiber components are uniquely suited to a wide variety of applications including applicators, ...

SunTrust to Present at the Goldman Sachs' 12th Annual Bank CEO Conference.

Nov 30, 2001 ... ATLANTA -- SunTrust Banks, Inc. will present at the Goldman Sachs 12th Annual Bank CEO Conference on Wednesday, December 5, 2001, at 1:30 p.m. Eastern Standard Time. L. Phillip Humann, Chairman, President and Chief Executive Officer of SunTrust Banks, Inc., will make SunTrust's ...

The Council on Alcohol and Drugs, Inc., Announces New Board Members.

Nov 30, 2001 ... NORCROSS, Ga. -- Joy A. Duncan, President and Chief Executive Officer for The Council on Alcohol and Drugs, Inc., announced new members of the organization's board of directors. In making the announcement, Ms. Duncan said, "The board is our main contact with the communities we serve. We ...

United Security Bancshares, Inc. Announces Quarterly Dividend.

Nov 30, 2001 ... THOMASVILLE, Ala. -- United Security Bancshares, Inc. Board of Directors declared a quarterly cash dividend of $.27 per share at its regular meeting November 29, 2001. The dividend is payable January 2, 2002, to shareholders of record at the close of business December 11, 2001 ....

Immucor, Inc. Believes Its Current Directors Were Reelected at Today's Annual Meeting.

Nov 30, 2001 ... NORCROSS, Ga. -- Immucor, Inc. , a global leader in providing automated instrument-reagent systems to the blood transfusion industry, announced that its 2001 meeting of shareholders was held today. At the meeting, shareholders voted on the election of directors. The election was being ...

Charter Financial Corporation Announces Earnings For Fourth Quarter and Year.

Nov 30, 2001 ... WEST POINT, Ga. -- Charter Financial Corporation (the "Company) today announced net income for the year ended September 30, 2001 of $4,756,000 compared to $638,000 for the year ended September 30, 2000. Comprehensive income for the year ended September 30, 2001 was $45,713,000 compared ...

SouthTrust Completes Acquisition of Community Bankshares.

Nov 30, 2001 ... BIRMINGHAM, Ala. -- SouthTrust Corporation today completed the acquisition of Richmond, Va., based Community Bankshares, Inc. . Wallace D. Malone Jr., chairman and chief executive officer of SouthTrust Corp., and Nathan S. Jones III, president and chief executive officer of Community ...

Delta Connection Carrier ACA Adds Jet Flights Between Cincinnati and New York LaGuardia, Tri-Cities Tennessee.

Nov 30, 2001 ... ATLANTA -- Delta Connection carrier Atlantic Coast Airlines will add new daily roundtrip regional jet service on Saturday, Dec. 1, 2001 between Cincinnati and New York's LaGuardia Airport and between Cincinnati and the Tri-Cities Airport serving Bristol, Johnson City and Kingsport, Tenn. ...

GEOCAN Energy Inc. (CDNX: GCA) Increases Production 117% and Revenues 57% Over Last Year For The Six Month Period.

Nov 30, 2001 ... CALGARY -- GEOCAN is pleased to announce higher production and revenues for the six months ended September 30, 2001. During the period the company made considerable advancements in its operations in Canada and internationally. Corporate Summary of Activities - In Canada, the ...

Westlinks Appoints Vice President of Production.

Nov 30, 2001 ... CALGARY -- Westlinks Resources Ltd. announced today the appointment of Don Almond as the Company's Vice-President of Production. Don was initially retained on a consulting basis by Westlinks during the transaction with Big Horn Resources Ltd. Upon completion of the Big Horn merger, Don ...

United Airlines Extends Business Fare Discounts; 'Back to Business' Fares Selling Well; Savings of Up to 50% for Travel Through March 31, 2002.

Nov 30, 2001 ... CHICAGO -- Pleased with positive response from business travelers, United Airlines said today it will extend the travel dates for two attractive "Back to Business" fare options for business travelers who are able to book in advance of their travel. These fares offer significant ...

United Natural Foods to Webcast Investor Presentation at the FRB / Weber Shandwick Virtual CEO Summit.

Nov 30, 2001 ... DAYVILLE, Conn. -- United Natural Foods, Inc. announced today that Michael Funk, Chief Executive Officer and Todd Weintraub, Chief Financial Officer are scheduled to conduct a live Internet webcast of the Company's investor presentation at the FRB / Weber Shandwick Virtual CEO Summit on ...

Option Care Announces Acquisition of Healix Health Services, Inc. Acquisition to Acquire New Locations in Houston, Fort Worth, San Antonio, El Paso and Albuquerque.

Nov 30, 2001 ... BANNOCKBURN, Ill. -- Option Care, Inc. , announced today that it acquired certain assets of Healix Health Services, Inc., a Texas based provider of home infusion and respiratory therapy, with satellite offices in Houston, Fort Worth, San Antonio, and El Paso, Texas and Albuquerque, New ...

Lexington Corporate Properties Trust Expands Credit Line to $60 Million; Borrowing Capacity Increases by $25 Million.

Nov 30, 2001 ... NEW YORK -- Lexington Corporate Properties Trust ("Lexington"), a real estate investment trust, today announced that it has expanded its unsecured credit facility from $35.0 million to $60.0 million. The credit facility, which matures in April, 2004, bears interest at a rate of 150-250 ...

Zacks Issues Recommendations on 4 Stocks: MYL, WMB, THQI, and PALM.

Nov 30, 2001 ... CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list which has produced an average annual return of 34% since inception in 1980. Among the #1 ranked stocks are the following companies: Mylan Labs and The Williams Companies ....

IPSCO Raises U.S. Steel Plate Prices.

Nov 30, 2001 ... LISLE, Ill. -- IPSCO Inc. today announced that it has raised the price of its steel plate and wide coil products effective immediately for all new orders for shipment in the U.S. starting 1 January 2002. The $20 per ton increase applies to all mill plate products (both discrete and cut ...

divine Releases XChange 4.5 to International, Domestic Markets; Newest Version of Multi-Channel Customer Contact Application Delivers Enhanced Efficiency, Personalization Capabilities.

Nov 30, 2001 ... CHICAGO -- divine, inc., , a premier integrated solution provider focused on the extended enterprise, today announced XChange(TM) 4.5, the latest release of its multi-channel customer contact application, is now available to domestic and international markets. divine recently acquired ...

Cingular Wireless Raises $11.5 Million for Special Olympics USA in 2001; Wisconsin Donations Total $154,480.

Nov 30, 2001 ... MILWAUKEE -- With a four-year goal of raising $40 million for Special Olympics by 2003, Cingular announces it has successfully reached the halfway point by raising more than $20.4 million in two years. Funds raised in Wisconsin totaled $154,480. Cingular Wireless will present ...

The IT Group, Inc. Suspends Quarterly Dividend Payment on Cumulative Convertible Exchangeable Preferred Stock.

Nov 30, 2001 ... PITTSBURGH, Nov. 30 /PRNewswire/ -- The IT Group, Inc. today announced that the Board of Directors did not declare the quarterly dividend payable December 31, 2001 on its 7% Cumulative Convertible Exchangeable Preferred Stock . Each depositary share listed on the New York Stock Exchange ...

Lifeway Foods Announces Stock Repurchase.

Nov 30, 2001 ... MORTON GROVE, Ill. -- Lifeway Foods, Inc. announced today that its board of directors has authorized a stock repurchase program of up to 50,000 shares of the Company's Common Stock within a period of one year from the date of the first purchase under such program, in accordance with Rule ...

Abbott Laboratories Acquires Control of Vysis, Inc.

Nov 30, 2001 ... ABBOTT PARK, Ill. -- Abbott Laboratories announced today that it has acquired control of Vysis, Inc. . Abbott's cash tender offer to purchase all of the outstanding common stock of Vysis expired as scheduled at midnight, New York City time, on Thursday, Nov. 29, 2001. The tender offer has ...

Spartech Corporation Announces Conference Call And Web Cast for Fourth Quarter 2001 Financial Results.

Nov 30, 2001 ... ST. LOUIS -- Spartech Corporation will hold a conference call with investors and financial analysts at 2:00 p.m. EST, Thursday, December 6, 2001, to discuss Spartech's fourth quarter financial results. A press release will be issued before the market opens that morning. The call will be ...

Tellabs to Acquire Ocular Networks.

Nov 30, 2001 ... NAPERVILLE, Ill. -- Tellabs announced today that it will acquire Ocular Networks, a leader in next-generation optical solutions for the metropolitan edge, for about $355 million in cash and options. This acquisition combines Ocular's next-generation technology with Tellabs' strong ...

Union Pacific Announces Acquisition of Shares in Motor Cargo Exchange Offer.

Nov 30, 2001 ... OMAHA -- Union Pacific Corporation and Motor Cargo Industries, Inc. today announced that Union Pacific has accepted the Motor Cargo shares which were tendered for exchange in the exchange offer which commenced on October 31, 2001, whereby Union Pacific offered to exchange, at the ...

TDS Announces Appointment of Kevin C. Gallagher As Vice President and Corporate Secretary.

Nov 30, 2001 ... CHICAGO -- Telephone and Data Systems, Inc. announced the appointment of Kevin C. Gallagher as Vice President and Corporate Secretary of TDS and its majority owned subsidiaries effective December 1, 2001. Mr. Gallagher, 54, will report to Sandra L. Helton, Executive Vice President and ...

AMCORE Bank Announces Plans to Close Huntley Branch.

Nov 30, 2001 ... ROCKFORD, Ill. -- AMCORE Financial, Inc. will close its Huntley, IL branch at 10876 Route 47 on March 31, 2002. Limitations of the particular location are preventing the branch from achieving growth targets set by AMCORE. The Huntley branch has approximately 400 customers who ...

Lockheed Martin to Manage IT Infrastructure for FDIC.

Nov 30, 2001 ... SEABROOK, Md. -- Lockheed Martin Information Support Services has been awarded the Federal Deposit Insurance Corporation's (FDIC) $45 million Client IT Support Services contract. The five-year contract calls for Lockheed Martin to support FDIC's entire information technology ...

ADM Announces It Will Participate in the Salomon Smith Barney 12th Annual Chemical Conference.

Nov 30, 2001 ... DECATUR, Ill. -- Archer Daniels Midland announced today it will participate in the Salomon Smith Barney 12th Annual Chemical Conference to be held at The Marriott Marquis Hotel, New York. The ADM presentation will be made on December 4, 2001 at 8:00 a.m. Eastern Time. The ADM ...

Congressman Conyers, Industry, Citizens Utility Board, And Consumer Advocates Blast Special Interest Telecommunications Bill; Tauzin-Dingell Would Undermine Illinois Reforms, Authority to Promote Competition and Protect Consumers.

Nov 30, 2001 ... CHICAGO -- Members of industry, Martin Cohen, executive director of the Citizens Utility Board, consumer advocates, and members of Congress gathered together today to urge House Speaker Dennis Hastert and other members of Congress to oppose legislation that would eliminate consumer choice ...

Budget Group Completes Asset-Backed Offering of $240 Million.

Nov 30, 2001 ... LISLE, Ill. -- Budget Group, Inc., announced today that it has completed the sale of $240 million of asset-backed medium term notes through an institutional private placement. The Company will use the proceeds to retire maturing asset-backed medium term notes used to finance its rental ...

Diverse Religious Communities Come Together: Keynoter Paul Simon 'Our Best Hope Is Understanding' New International Award to be Announced.

Nov 30, 2001 ... CHICAGO -- The Council for a Parliament of the World's Religions (CPWR), Chicago-based interreligious Organization annual dinner event of the city's foremost interreligious organization is expected to draw 700 people. The keynote address will be delivered by former U.S. Senator ...

Northern Trust Corporation to Present at Goldman Sachs Annual Bank CEO Conference.

Nov 30, 2001 ... CHICAGO -- Northern Trust Corporation announced today that William A. Osborn, Chairman and Chief Executive Officer, will be speaking at the Goldman Sachs 12th Annual Bank CEO Conference on Thursday, December 6 at 11:00 a.m. (ET). Mr. Osborn's presentation can be accessed via a ...

Judges, Lawyers, Educators Team Up to Launch Safe Driving Program Geared To 15-Year-Olds.

Nov 30, 2001 ... <Pre> WHO: Hon. Stuart Nudelman, incoming president, Illinois Judges Association; Hon. Patrick E. McGann, former supervising judge, Chicago Traffic Center; Marti Belluschi, former assistant to the Secretary of State for ...

North Carolina PTA Announces Grant Recipients For New Responsible Decision-Making Program; Program For Parents is Funded By Miller Brewing Company.

Nov 30, 2001 ... RALEIGH, N.C. -- The North Carolina Parent Teacher Association will award its first PERC: Parents Encouraging Responsible Choices grants to 31 member PTA units and councils across the state. The innovative program encourages parents to teach their children responsible decision-making and ...