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PR Newswire articles from Thursday, March 28

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=20020328" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Thursday, March 28:

Massey Energy Announces Debt Covenant Amendments.

Mar 28, 2002 ... RICHMOND, Va. -- Massey Energy Company announced today that its bank syndicate unanimously approved the amendment of the financial covenants related to its $400 million credit facility. As previously reported, the bank group had granted a temporary waiver of Massey's maximum leverage ...

/C O R R E C T I O N -- Walt Disney Pictures/.

Mar 28, 2002 ... In the news release, Walt Disney Pictures' 'The Rookie' Photo Advisory, issued earlier today by Walt Disney Pictures over PR Newswire, we are advised by the company that the captions for the following photos: <Pre> http://www.newscom.com/cgi-bin/prnh/20020327/LAW066-b ...

DataLogic International Announces Results for Fiscal Year 2001.

Mar 28, 2002 ... GARDEN GROVE, Calif. -- DataLogic International Inc. (BULLETIN BOARD: DLGI) , today announced results for the fiscal year 2001. Revenues for fiscal year 2001 were $2,188,657, compared to revenues of $3,915,147 in the prior year. Net loss from operations was $37,955, compared to ...

Laser Technology, Inc. Responds to Lawsuit.

Mar 28, 2002 ... ENGLEWOOD, Colo. -- Laser Technology, Inc. , a leading designer, manufacturer and marketer of pulse laser measuring systems, today announced that it is preparing an answer and counterclaims to a lawsuit that was filed by Bushnell Performance Optics, in the District Court of Johnson County ...

Nevada's PUC Cuts Nevada Power's Rate Request.

Mar 28, 2002 ... LAS VEGAS -- Nevada Power Company officials cited disappointment today at the Public Utilities Commission of Nevada's (PUCN) decision to cut its general rate increase request. Nevada Power had originally filed the request on October 1, 2001, separate from its pending request for recovery ...

United Defense Receives Contract Modifications Worth $208.5M to Remanufacture 142 Bradley Vehicles Under Multi-Year Contract.

Mar 28, 2002 ... YORK, Pa. -- United Defense has received contract modifications worth $208.5 million to remanufacture 142 Bradley Fighting Vehicles and provide Applique kits under the second year of a Bradley multi-year corporate contract. The first modification from the U.S. Army's ...

InterTrust Technologies Announces Appointment of David Lockwood As Chief Executive Officer; Victor Shear Remains Chairman of the Board.

Mar 28, 2002 ... SANTA CLARA, Calif. -- InterTrust Technologies Corporation , the leading inventor of Digital Rights Management (DRM) and trusted computing technology, today announced that David Lockwood, President and Board member, has been appointed Chief Executive Officer of the company. Mr. Lockwood ...

Prime Group Realty Trust Reports Fourth Quarter 2001 Earnings And Operating Highlights For The Year; Year 2001 Highlights.

Mar 28, 2002 ... <Pre>-- Excluding non-operating charges, diluted FFO per share for the fourth quarter was $0.40, a 7.0% decrease from the $0.43 per diluted share reported for the fourth quarter of 2000.-- Excluding non-operating charges, diluted FFO per share for the entire year ...

Landry's Restaurants, Inc. Announces Equity Offering.

Mar 28, 2002 ... HOUSTON -- Tilman J. Fertitta, Chairman and Chief Executive Officer of Landry's Restaurants, Inc. announced today that Landry's intends to promptly commence an offering of 4,500,000 shares of its common stock, plus up to 675,000 additional shares to cover any over allotments. The ...

LNR Property Corporation Reports Record First Quarter Earnings; HIGHLIGHTS.

Mar 28, 2002 ... <Pre> * Record first quarter earnings per share of $0.81 * Analyst consensus estimates exceeded for 17th consecutive quarter * First quarter new investments and pipeline in excess of $400 million * $530 million in new credit facilities bring total current liquidity to $1.2 ...

Surgical Sealants and Medical Adhesives Advance to Reach $2 Billion by 2007.

Mar 28, 2002 ... FOOTHILL RANCH, Calif. -- The global medical sealants market is $542 million (2001) and growing rapidly (19% annually), driven particularly in the U.S., where a combination of "pent-up" unmet clinical need and the introduction of new technologies and products have expanded the U.S. market ...

Casino Fortune Seeks to Protect Interest of Customers.

Mar 28, 2002 ... TUNAPUNA, Trinidad -- The following was released today by Sunny Group of Companies: An employee of Casino Fortune was physically prevented from securing Sunny Group servers by Mohawk Internet Technologies' Security on Tuesday, March 26, 2002. This was done on the orders of ...

Signature 4 Ltd. 'AAA' Ratings on A1 and A2 Notes Placed On CreditWatch Negative.

Mar 28, 2002 ... NEW YORK -- Standard & Poor's today placed its triple-'A' rating on the class A1 and A2 notes issued by Signature 4 Ltd. and co-issued by Signature 4 Corp. on CreditWatch with negative implications (see list). The CreditWatch placements reflect several factors that have, during ...

RMED International, Inc. Buys Back Stock.

Mar 28, 2002 ... WESTPORT, Conn. -- RMED International, Inc. (BULLETIN BOARD: TUSH.ob) announces it has bought back 1,366,501 RMED common shares from two ex-directors and returned the shares to RMED treasury. As of today there are 8,488,291 outstanding RMED shares. RMED International, Inc ...

National Action Network to Withdraw Novi Travel Advisory Novi Press Conference Tomorrow.

Mar 28, 2002 ... DETROIT -- Reverend Horace Sheffield III, the president of the Michigan Chapter of the National Action Network (NAN) will hold a joint press conference tomorrow morning with City of Novi officials to announce the lifting of a NAN travel advisory that advised African Americans to avoid ...

Dow AgroSciences Responds to California DPR Announcement on Clopyralid Herbicides and Compost.

Mar 28, 2002 ... INDIANAPOLIS -- The California Department of Pesticide Regulations announced today that it intends to cancel certain uses of clopyralid herbicides reportedly found at trace levels in several samples of compost taken in California. Specifically, the uses of Dow AgroSciences products cited ...

899 Total Winners With No Jackpot Winner In Tonight's Michigan Millions Drawing.

Mar 28, 2002 ... LANSING, Mich. -- The winning Michigan Millions numbers for tonight's drawing were 04, 11, 27, 35, 44, 51 and 40 (wild ball). <Pre> Other cash prize winners from tonight's Michigan Millions included: *0 players matched five + wild ball for a prize of $0. *9 players ...

UniSite Software Announces Second Round of Funding, New Product Launch; New Funding Validates Web Content Management Market Strategy.

Mar 28, 2002 ... BELLEVUE, Wash. -- UniSite(TM) Software, the Bellevue-based developer of innovative Web content management solutions, announced the closing of $1 million in second round funding, led by venture capital firm Timberline Venture Partners and a local private investor, KUBI. In ...

Turkish Airlines Adds Two More 737-800s to Its Fleet.

Mar 28, 2002 ... SEATTLE -- The Boeing Company today congratulated Turkish Airlines (THY) on taking delivery of two new 737-800s. The airplanes complete an order for 26 new 737s placed in 1997. THY will use the 737s on its short- and medium-range routes to destinations throughout Europe. "The ...

Governor Locke and BPA to Announce Fish Funding Plans.

Mar 28, 2002 ... PORTLAND, Ore. -- Washington Governor Gary Locke and BPA Administrator Steve Wright will be meeting in Yakima on March 29 to announce fish funding decisions for the Columbia Plateau Province. The Columbia Plateau includes major tributaries of the Columbia River east of the Cascades. ...

InterMune to Present at the Banc of America Securities Healthcare Conference.

Mar 28, 2002 ... BRISBANE, Calif. -- InterMune, Inc. today announced that it will present at the Banc of America Securities Healthcare Conference at the Four Seasons Hotel in Nevada on Tuesday, April 2, 2002 at 2:35 p.m. (EST). To participate online, a live audio webcast will be accessible at ...

GenCorp Board Declares Quarterly Dividend.

Mar 28, 2002 ... SACRAMENTO, Calif. -- Today the Board of Directors of GenCorp Inc. declared a quarterly cash dividend of three cents per share on the issued and outstanding ten cents par value common stock of the Company, payable on May 31, 2002 to shareholders of record on May 1, 2002. (Photo: ...

Statement From Kathy Kneer, President and CEO of Planned Parenthood Affiliates of California Re: Governor's Directive on Emergency Contraception.

Mar 28, 2002 ... SACRAMENTO, Calif. -- Planned Parenthood applauds Governor Gray Davis' bold and decisive action today advising health plans to include Emergency Contraception as part of their benefits packages. Under the Contraceptive Equity Act, it is important that women have access to Emergency ...

Qwest Communications and Japan Telecom Agree to Offer Communications Services To Businesses in Japan, United States and Europe; Agreement Accelerates Qwest's Reach to the Japanese Commercial Marketplace.

Mar 28, 2002 ... TOKYO -- Qwest Communications International Inc. , the broadband communications company, today announced an agreement with Japan Telecom to jointly offer communications services to multinational corporations needing services between Japan and the United States, and between Japan and ...

989 Sports(R) Predicts the Final Four(R).

Mar 28, 2002 ... <Pre> 989 Sports' College Basketball Game for PlayStation(R)2 - NCAA(R) Final Four(R) 2002 - Predicts Kansas Will Win The Final Four and Be the 2002 National Champions WHAT: </Pre> 989 Sports(R) simulated the Final Four(R) Tournament using NCAA(R) ...

Unocal, PTT Reach Agreement to Extend Gas Contract, Revise Pricing.

Mar 28, 2002 ... EL SEGUNDO, Calif. -- Unocal Corporation today said its Unocal Thailand Limited subsidiary has reached agreement with PTT Plc to extend the gas sales agreement (GSA) for the Erawan field by five-and-one-half years to 2012. The parties also agreed to discount the average sales ...

Carbon Sequestration Through Reforestation: ESI Plants 15 Million Trees.

Mar 28, 2002 ... ATLANTA -- Environmental Synergy, Inc. (ESI), an Atlanta-based environmental services company, has this month planted its 15 millionth tree in the Lower Mississippi River Valley under a mission to restore bottomland hardwood habitat and remove carbon dioxide from the atmosphere. ...

Wolverine Tube Announces Closing on Private Offering of $120 Million Of 10-1/2% Senior Notes Due 2009.

Mar 28, 2002 ... HUNTSVILLE, Ala. -- Wolverine Tube, Inc. announced today that it has completed a private offering of $120 million aggregate principal amount of 10-1/2 % Senior Notes due 2009. The notes are senior unsecured obligations and are guaranteed by certain of the Company's subsidiaries. ...

AGCO Announces Earning of Restricted Stock Awards and Effect of New Goodwill Accounting Rule.

Mar 28, 2002 ... DULUTH, Ga. -- AGCO Corporation , a major worldwide designer, manufacturer and distributor of agricultural equipment, announced that as a result of the recent rise in its common stock price, a portion of the Company's restricted stock compensation awards granted to key executives in 2000 ...

AeroMexico Expands Service From Dallas/Ft. Worth With New Delta Connection(R) Codeshare Agreement.

Mar 28, 2002 ... DALLAS and FT. WORTH, Texas -- Delta Connection carrier Atlantic Southeast Airlines (ASA) will expand its codeshare partnership with AeroMexico, Mexico's largest airline, placing AeroMexico's code on 32 daily ASA flights between Dallas/Ft. Worth International Airport and 14 destinations in ...

Delta Connection(R) to Launch Nonstop Regional Jet Service Between Huntsville, Ala. and Dallas/Ft. Worth.

Mar 28, 2002 ... DALLAS and FORT WORTH, Texas -- Delta Connection will begin nonstop regional jet service between Huntsville, Ala., and Dallas/Ft. Worth with three daily round-trip flights beginning June 9, 2002. The service will be operated by Delta Connection carrier Atlantic Southeast Airlines (ASA) ...

SMTC Appoints Khalil Barsoum, Senior IBM Executive, To Board Of Directors; Joins TD Bank Deputy Chairman William Brock As Second Independent Director.

Mar 28, 2002 ... TORONTO -- SMTC Corporation , , a leading global provider of electronics manufacturing services to the technology industry, today announced the appointment of Khalil Barsoum, a 35-year recently retired senior executive at IBM Corporation who most recently headed the company's global ...

Owners Approve White Rose Oilfield Development.

Mar 28, 2002 ... CALGARY -- Husky Oil Operations Limited, operator of the White Rose oil field project and its co-venturer, Petro-Canada today announced their decision to proceed with the development of the White Rose oilfield located offshore the East Coast of Newfoundland and Labrador, Canada. ...

Methode Declares $0.05 Quarterly Dividend.

Mar 28, 2002 ... CHICAGO -- The Board of Directors of Methode Electronics, Inc. has declared a quarterly dividend of $0.05 per share to be paid on April 30, 2002, to shareholders of record at the close of business on April 15, 2002. About Methode Electronics Methode Electronics, ...

Sprint to Give Inside Look at 3G Network to Application Developers at Second Annual Sprint PCS Developer's Conference; 2002 Sprint PCS Developer's Conference August 25 - 28 in Las Vegas.

Mar 28, 2002 ... SAN FRANCISCO -- Are you a developer and want an inside look at Sprint's Third Generation (3G) network? Sponsored by the Sprint PCS Application Developer's Program, http://developer.sprintpcs.com , the second annual Sprint PCS Developer's Conference will feature sessions that can help ...

ConAgra Foods Reports Strong Third Quarter Results.

Mar 28, 2002 ... <Pre>Third Quarter Highlights (versus a year ago):-- Net income = $171 million, up 48%.-- EPS = $.31, up 41%.-- Sales = $6.2 billion, down 2% partly reflecting mix shift.Key Operating Points-- All food business segments post higher operating profits.-- ...

Budget Announces New Ticker Symbol; -- Budget to Begin Trading on OTC Bulletin Board --.

Mar 28, 2002 ... LISLE, Ill. -- Budget Group, Inc. announced today that its common stock will begin trading under the new ticker symbol "BDGPA" on the over-the-counter bulletin board (OTCBB) on March 28, 2002. Budget Group, Inc. (BULLETIN BOARD: BDGPA) owns Budget Rent a Car Corporation and ...

United Biscuits Selects A.T. Kearney Procurement Solutions Auction, Request For Proposal and Supply Market Solutions Technology; The Follow-On, One-Year Contract Was Awarded After Competitive Pilot Program And Extends A.T. Kearney Procurement Solutions Relationship with Leading Multi-National Snack Food Company.

Mar 28, 2002 ... PLANO, Texas -- A.T. Kearney today announced that eSourcing technology leader eBreviate, a unit of A.T. Kearney Procurement Solutions, won a competitive contract to provide online auctions, request for proposal and supply market solutions to United Biscuits, a leading name in biscuit and ...

CDI Corp. Provides Updated Earnings Outlook for First Quarter of 2002.

Mar 28, 2002 ... PHILADELPHIA -- CDI Corp. today announced that it expects to exceed its earlier projections of earnings in the first quarter of 2002. The company anticipates that its earnings per share in the first quarter of 2002 will be $0.07 to $0.09 on an after-tax basis, excluding ...

ARRYX, Inc. Completes Second Round Funding.

Mar 28, 2002 ... CHICAGO -- ARRYX, Inc., a company that provides laser systems for the pharmaceutical and biotech industries, announced that it has completed a $2.1 million second round of funding. Investors include Draper Fisher Jurvetson Fund VII, Fahnestock Venture Capital Fund, and ARCH Development ...

ILATC to Explore Evolving Role of Technology in Midwest Community; STRIVE Awards to be Presented to Three Outstanding Illinois Technology Companies.

Mar 28, 2002 ... CHICAGO -- The Illinois Coalition, Levenfeld Pearlstein and Porter Novelli, today unveiled final plans for the Illinois Annual Technology Conference (ILATC), to be held on Wednesday, April 24, from 2-6 p.m. at the Standard Club, 320 S. Plymouth Court, in Chicago. This year's conference, ...

Zacks All-Star Analyst Issues Recommendations for 4 Stocks: GDW, PVN, ITG, and NDE.

Mar 28, 2002 ... CHICAGO -- In a time of rising interest rates, is it time to revisit the financial sector? Dr. Charlotte Chamberlain thinks it is, but not for the reasons you might think. After a remarkable performance of +40% in 2001, Charlotte takes time to discuss which stocks you can bank on in ...

Dow Theory Guru Explains How to Use SPY's and DIA's to Profit.

Mar 28, 2002 ... CHICAGO -- As the old saying goes "Timing is everything." So how do you know when it's time to buy and when to sell? Jack Schannep editor of the Schannep Timing Indicator shares his secrets that have gained an average of 46% during BUY Signal Indicator periods. ...

Zacks Issues Recommendations on 4 Stocks: ESST, MYG, GD, and SBUX.

Mar 28, 2002 ... 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 and was up 18.7% in 2001. Among the #1 ranked stocks are the following companies: ESS Technologies ...

EPA Honors Dow AgroSciences for Methyl Bromide Alternatives.

Mar 28, 2002 ... INDIANAPOLIS -- The U.S. Environmental Protection Agency (EPA) awarded two "Stratospheric Ozone Protection Awards" to Dow AgroSciences LLC at the Earth Technologies Forum in Washington, D.C. The awards recognized efforts at corporate and field levels for the development of alternatives to ...

ICC Charges to the Forefront With Texas Instruments; Company Collaborates With TI to Develop and Manufacture Battery Management Solutions for OEMs of Rechargeable Products.

Mar 28, 2002 ... CHICAGO -- As consumer demand increases for battery-powered tools, appliances and devices, more pressure is placed on manufacturers to improve the charging capabilities of these products. To help manufacturers meet this demand, International Components Corporation (ICC) today formally ...

Bushnell Files Lawsuit Alleging Breach of Contract Against Laser Technology, Inc.

Mar 28, 2002 ... OVERLAND PARK, Kan. -- Bushnell Performance Optics (Bushnell) of Overland Park, KS filed a lawsuit in the District Court of Johnson County alleging breach of contract by Laser Technology, Inc. (LTI), a publicly traded company headquartered in Englewood, CO that designs and manufactures ...

Chicago Tribune Columnist Schmich Named Illinois Author of the Year.

Mar 28, 2002 ... CHICAGO -- The Illinois Association of Teachers of English (IATE) has named Chicago Tribune columnist Mary Schmich the 2002 recipient of its Illinois Author of the Year Award. Schmich's recognition honors the genre of nonfiction and media literacy. The award reflects the wide ...

EPA Reaches Agreement With Pole Zero.

Mar 28, 2002 ... CHICAGO -- U.S. Environmental Protection Agency Region 5 has reached an agreement with Pole Zero Corp. that resolves an EPA administrative complaint alleging that the company violated clean- -air regulations at its radio frequency filter plant, 5530 Union Centre Drive, West Chester, Ohio. ...

Banc of America Securities Expands M&A Group.

Mar 28, 2002 ... NEW YORK -- Anthony Magro, global head of Mergers and Acquisitions for Banc of America Securities, announced today the addition of six professionals to his team. Mark A. Adley, James M. Broner and William D. McCombe will serve as managing directors; Alan Goodstadt will serve as principal ...

Gary Lazarini to Retire After 42-Year Career At National Bank of Commerce.

Mar 28, 2002 ... MEMPHIS, Tenn. -- Gary L. Lazarini announced today that he will retire effective April 30, 2002, following a 42-year career with National Bank of Commerce, its holding company, National Commerce Financial Corporation and NBC Capital Markets Group, Inc., NBC's broker/dealer subsidiary. ...

Idea Integration(R) Announces Its Membership In the Microsoft Gold Certified Partner Program.

Mar 28, 2002 ... JACKSONVILLE, Fla. -- Idea Integration(R), the e-business consulting and systems integration solutions unit of MPSGroup , today announced that its Philadelphia practice has been selected as a new member in the Microsoft Gold Certified Partner Program. Idea Integration, which ...

The National Foundation for Cancer Research and Penn State University Launch New Center for Metastatic Cancer Research.

Mar 28, 2002 ... BETHESDA, Md. -- The National Foundation for Cancer Research and Penn State University today announced the formation of a New Center for Metastatic Cancer Research to be based at Penn State, Hershey working with the University of Chicago, with the goal of finding out what causes cancer to ...

Innovex Launches New Service To Meet Needs of Job-Share Reps.

Mar 28, 2002 ... PARSIPPANY, N.J. -- Innovex, a leading commercialization solutions provider to the pharmaceutical and biotech industries, today announced the launch of a new commercial service offering, Flex Staffing Services, to fulfill staffing needs for pharmaceutical and biotech companies that provide ...

Florida Power Breaks Ground on Additional Generating Capacity To Meet Customers' Needs.

Mar 28, 2002 ... ST. PETERSBURG, Fla. -- As part of its commitment to meet the growing electricity needs of customers, Florida Power today broke ground on a new power plant as the second phase of the planned growth of the Hines Energy Complex, located in Polk County, Fla. The new phase will add 495 ...

Institutional Investors Acquire 2.75 Million Shares of LendingTree Common Stock.

Mar 28, 2002 ... CHARLOTTE, N.C. -- LendingTree(R), Inc. , the leading online lending exchange and technology provider, confirmed reports that two of the Company's early investors independently sold portions of their holdings, totaling 2.75 million common shares, to several institutional investors. The ...

Supply Chain Management: Solutions Drive Cost Reduction Success.

Mar 28, 2002 ... CHAPEL HILL, N.C. -- Companies prospering in today's dynamic economy pool buying power and leverage deep supplier relationships to generate significant supply chain savings, according to a recent report from benchmarking leader Best Practices, LLC. Market-dominating companies establish ...

Market America, Inc. Signs Merger Agreement.

Mar 28, 2002 ... GREENSBORO, N.C. -- Market America, Inc. (BULLETIN BOARD: MARK) , an innovative product brokerage and Internet marketing company specializing in One-to-One Marketing and Mass Customization, announced today that in connection with a previously announced stock transaction that would take ...

14 New Banks Sign Agreement with Universal Debit & Credit Corporation and National Processing Company.

Mar 28, 2002 ... ANNANDALE, Va. -- Universal Debit and Credit Corporation (UDC) along with its strategic partner, National Processing Company (NPC(R)), a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. , announced today they have signed 14 new ...

PECO II Updates First-Quarter 2002 Outlook; Lowers sales, earnings expectations for quarter.

Mar 28, 2002 ... GALION, Ohio -- PECO II, Inc. , a full-service provider of engineering and installation on- site services and a manufacturer of communications power systems and equipment to the communications industry, today announced lowered sales and earnings expectations for the first quarter ending ...

Intelliseek, TrademarkBots.com Team Up to Provide Single-Source Trademark Intelligence Service; Partnership provides 24/7 online monitoring application to trademark owners, attorneys.

Mar 28, 2002 ... CINCINNATI and NAPLES, Fla. -- Trademark owners and attorneys now have a single source for monitoring and auditing unauthorized uses of trademarks. Intelliseek(TM) and TrademarkBots.com(TM) have launched the best-in-class, Web-based Trademark Search and Monitoring Application that will be ...

eBay Renews Commitment To Thunderstone Software.

Mar 28, 2002 ... CLEVELAND -- Thunderstone Software announced that its customer eBay has renewed its license for the Texis search engine software. Texis provides the text-search capabilities for the ebay.com service and other eBay Inc. companies. Texis has been eBay's search engine since before ...

Steel Dynamics Announces Completion of New Credit Facilities.

Mar 28, 2002 ... FORT WAYNE, Ind. -- Steel Dynamics, Inc. announced today that it has completed its previously announced offering of $200 million of its 9.5% Senior Unsecured Notes (the "Notes") due 2009 and has entered into a new $350 million committed senior secured credit facility, including a $75 ...

Delco Remy International Announces Results for Fourth Quarter 2001.

Mar 28, 2002 ... ANDERSON, Ind. -- Delco Remy International, Inc., a leading worldwide manufacturer and remanufacturer of automotive electrical and drivetrain/powertrain products, today announced its financial performance for the fourth quarter and year ended December 31, 2001. Fourth quarter ...

Noble Roman's Announces 2001 Earnings and Growth.

Mar 28, 2002 ... INDIANAPOLIS -- Noble Roman's, Inc. (BULLETIN BOARD: NROM) , the Indianapolis based franchisor of pizza focused foodservice operations, today announced earnings for the year ended December 31, 2001. The company also announced that as of December 31, 2001, it had awarded more than 950 ...