PR Newswire back issues from Friday, November 22:
Delta Connection(R) to Add 70-Seat Jet Service Between Cincinnati And Baltimore, Indianapolis, Oklahoma City and Sarasota.
Nov 22, 2002 ... Larger Jets Provide Customers Expanded Access To Delta's Cincinnati Hub Delta Connection will offer customers the convenience of expanded service capacity with new and larger jets between Delta's Cincinnati hub and four cities in January 2003. Beginning Jan. 28, Delta ...
ARRIS Announces Completion of Sale of Actives Business to Scientific-Atlanta And Further Force Reductions.
Nov 22, 2002 ... ARRIS today announced that it had completed the previously announced sale of the Actives portion of its Transmission, Optical & Outside Plant business to Scientific- Atlanta . On November 13, 2002, the Company announced that it had reached a definitive agreement with Scientific-Atlanta ...
Aaron Rents, Inc. Elects Ray M. Robinson as Director.
Nov 22, 2002 ... Aaron Rents, Inc. , the nation's leader in the rental, sales and lease ownership, and specialty retailing of residential and office furniture, consumer electronics and home appliances and accessories today announced that Ray M. Robinson has been elected to fill a vacancy on its Board of ...
Scientific-Atlanta Completes Transaction to Acquire Certain Assets from ARRIS.
Nov 22, 2002 ... Scientific-Atlanta, Inc. announced today that it has successfully completed the transaction to acquire some of the assets of the Network Technologies business of ARRIS. The acquisition includes the assets of the analog optics, nodes, and RF products business, and was previously announced ...
Firstwave Technologies Inc. Will Discuss 2003 Growth Strategy at Red Chip Conference.
Nov 22, 2002 ... Firstwave Technologies, Inc. , a leading provider of web-based, strategic, CRM solutions, will discuss its strategic growth plans for 2003 in a speech to be given at the Red Chip Conference in Phoenix, Arizona on November 23, 2002. Firstwave's CEO, Richard Brock, will outline a targeted ...
United Security Bancshares, Inc. Announces Quarterly Dividend.
Nov 22, 2002 ... United Security Bancshares, Inc. Board of Directors declared a quarterly cash dividend of $.30 per share at its regular meeting November 21, 2002. The dividend is payable January 2, 2003, to shareholders of record at the close of business December 10, 2002. United ...
Pengrowth Energy Trust Announces Cash Distribution For December 15, 2002.
Nov 22, 2002 ... Stock Symbol: PGF.UN, TSX; PGH, NYSE Pengrowth Corporation ("Pengrowth"), administrator of Pengrowth Energy Trust announced today the cash distribution payable December 15, 2002 will be Cdn$0.20 per trust unit. This distribution is the first payable to unitholders who ...
NYCO Minerals, Inc. Reports Reduction in Presence of Low Levels of Asbestiform Mineral from a Wollastonite Ore Source at New York Operations.
Nov 22, 2002 ... NYCO Minerals, Inc advised today that it has identified the source of small quantities of asbestiform tremolite in some wollastonite product at levels that gave rise to certain labeling requirements in Canada and certain other jurisdictions. The levels detected did not require labeling in ...
Isotechnika Granted Australian Patent For ISA247.
Nov 22, 2002 ... Trades on Toronto Stock Exchange - (TSX:ISA) Mr. Joseph Koziak, Executive Vice-President & General Legal Counsel of Isotechnika Inc. announced today that the company has been granted a deed of letters patent from the Australian Patent and Trademark Office regarding its novel ...
NeoPharm to Present New Clinical Data For IL13-PE38.
Nov 22, 2002 ... Preliminary Phase I/II data in malignant glioma to be presented at the 7th Annual Society of Neuro-Oncology Meeting NeoPharm, Inc. announced that additional Phase I/II clinical trial data on the Company's novel tumor-targeting agent IL13-PE38 will be presented at the Seventh ...
T. Kendall Hunt Appointed as VASCO's CEO; Jan Valcke President & COO.
Nov 22, 2002 ... VASCO Nasdaq Europe ( www.vasco.com ), a global provider of enterprise-wide security products that support e-business and e-commerce, announced today that Mario Houthooft has been replaced as its President and CEO. Mr. T. Kendall Hunt, VASCO's founder and Chairman of its Board ...
Grubb & Ellis Company Named 'Global Innovator of the Year'.
Nov 22, 2002 ... Integrated Real Estate Services Firm Wins Coveted Award for Web-Based Emergency Preparedness Planning Program Grubb & Ellis Company (BULLETIN BOARD: GBEL) , one of the leading providers of integrated real estate services, has been named "Global Innovator of the Year" among real ...
Collins Reports Fourth Quarter and Fiscal Year Results & Improved Sales Backlog.
Nov 22, 2002 ... Collins Industries, Inc. today reported its operating results for its fourth quarter and fiscal year 2002 which ended October 31. Net income increased 17% for the quarter ended October 31, 2002 to $1,232,593 ($.18 per share - diluted) compared to $1,054,515 ($.15 per share - diluted) in ...
A.G. Edwards, Inc. Announces Quarterly Cash Dividend.
Nov 22, 2002 ... The Board of Directors of A.G. Edwards, Inc. today declared a quarterly cash dividend of 16 cents per share payable January 2, 2003 to shareholders of record December 9, 2002. A.G. Edwards, Inc. is a financial services holding company whose primary subsidiary is the national ...
Boston Properties Announces Sale of One & Two Independence Square.
Nov 22, 2002 ... Boston Properties, Inc. a real estate investment trust, announced today that the Company has sold One and Two Independence Square to Wells Real Estate Investment Trust for $345 million. The buildings are located in the Southwest Washington, D.C. submarket and total approximately 948,813 ...
United Named Airline With the Best Frequent Flier Program by Business Traveler Magazine.
Nov 22, 2002 ... United's Mileage Plus Program Voted Best Frequent Flier Program for Seventh Year in a Row United Airlines today announced that it has been named as the airline with the best frequent flier program by Business Traveler magazine. This is the seventh straight year the United ...
Isco Declares Quarterly Dividend.
Nov 22, 2002 ... The Board of Directors of Isco, Inc. has declared a quarterly cash dividend of $0.06 per common share payable on January 2, 2003 to shareholders of record on December 13, 2002. This amount is unchanged from the previous quarter. Isco is a leading producer of water quality ...
Brown-Forman Reports Second Quarter Earnings.
Nov 22, 2002 ... Brown-Forman Corporation reported earnings per share for its second quarter ended October 31, 2002 of $1.18, compared to $1.17 for the same period last year. Solid earnings growth for Jack Daniel's and Southern Comfort was largely offset by lower operating income from Brown-Forman's wine ...
Krispy Kreme Announces Third Quarter Earnings EPS Of $0.17 Exceeds Consensus By $0.01 Systemwide Comp Store Sales Up 10.1%.
Nov 22, 2002 ... Krispy Kreme Doughnuts, Inc. today reported financial results for the three months ended November 3, 2002, the Company's third quarter of Fiscal 2003. Net income for the third quarter increased 56.3% to $10.1 million compared with $6.5 million in third quarter of Fiscal 2002. ...
Alamosa Names New Chief Operating Officer.
Nov 22, 2002 ... Alamosa Holdings, Inc. , the largest PCS Affiliate of Sprint based on number of subscribers, today announced it has named Steve Richardson as its new Chief Operating Officer (COO). He will join Alamosa on December 1, 2002. Mr. Richardson brings 25 years of experience in ...
Ruddick Announces Election and Quarterly Dividend.
Nov 22, 2002 ... Ruddick Corporation reported that the Board of Directors took the following actions at its regularly scheduled meeting on November 21, 2002. The Board elected John P. Derham Cato to fill a vacancy on the Board. Mr. Cato has been President, Vice Chairman and Chief Executive ...
Lexington State Bank a Model of Strength; Receives its 53rd Consecutive 5-Star SUPERIOR Rating.
Nov 22, 2002 ... BauerFinancial, Inc., the nation's leading independent bank research firm, has the distinct pleasure of issuing its top 5-star SUPERIOR rating to Lexington State Bank, Lexington, North Carolina for the 53rd consecutive quarter. Earning this prestigious award secures Lexington State Bank's ...
Richard M. Bracken Appointed to HCA Board.
Nov 22, 2002 ... HCA today announced that Richard M. Bracken, President and Chief Operating Officer of the company, has been appointed to the Board of Directors. "Richard is an outstanding addition to our board," said Jack O. Bovender Jr., Chairman and Chief Executive Officer of HCA. "His ...
HCA Announces Definitive Agreement to Acquire Health Midwest of Kansas City.
Nov 22, 2002 ... HCA and Health Midwest today announced the signing of a definitive agreement by which HCA would acquire the 14-hospital Health Midwest system in Kansas City for $1.125 billion. The closing of the transaction is subject to receipt of all required regulatory approvals, including Attorneys ...
KeyCorp to Present at Goldman Sachs Conference.
Nov 22, 2002 ... On Tuesday, December 3, 2002, at 3:30 p.m. KeyCorp's CEO Henry Meyer and CFO Jeff Weeden will address the Goldman Sachs Conference. The presentation will address KeyCorp's corporate strategy. Conference slides will be posted at 8 a.m. on December 3, 2002 at ...
Picton Cavanaugh and Celaris Group to Change Name to Sky Insurance.
Nov 22, 2002 ... Sky Financial Group, Inc. announced today that two of its insurance affiliates, Picton Cavanaugh and Celaris Group, will officially become Sky Insurance on December 2, 2002. The new name aligns the two local insurance institutions with their parent company name Sky Financial Group and ...
Zimmer Holdings, Inc. to Meet with Investment Analysts at American Academy of Orthopaedic Surgeons Meeting.
Nov 22, 2002 ... Zimmer Holdings, Inc. announced today that it will conduct a meeting for investors and investment analysts on February 5, 2003, during the American Academy of Orthopaedic Surgeons meeting. The meeting will be held at the Sheraton Hotel in New Orleans, beginning at 5pm (CST), in the ...
Unizan Financial Corp. Announces Fourth Quarter Dividend.
Nov 22, 2002 ... Unizan Financial Corp. , today announced that the company's board of directors declared a quarterly cash dividend of $0.13 per common share payable on December 31, 2002, to shareholders of record on December 17, 2002. This dividend represents an increase over the dividends paid by both ...
Limited Brands, Inc. Announces Definitive Agreement to Sell Lerner New York/New York & Company.
Nov 22, 2002 ... Limited Brands, Inc. today announced the Company has reached a definitive agreement to sell Lerner New York/New York & Company to an investor group led by the business unit's President and Chief Executive Officer Richard P. Crystal and Bear Stearns Merchant Banking. (Photo: ...
Timken India Supplies Journal Bearing Housing Assemblies to Indian Railways.
Nov 22, 2002 ... Timken India Limited has recently began supplying journal bearing housing assemblies to the Indian Railways for the new generation of locomotives. These housing assemblies are used on the wheels of the locomotive. <Pre> (Photo: ...
Scotts Outlines Strong Prospects for Fiscal 2003.
Nov 22, 2002 ... 7-9% Sales Growth, and at Least 15% Adjusted Net Income Improvement Anticipated; Continued Focus on Free Cash Flow and Return on Invested Capital The Scotts Company , the global leader in the consumer lawn and garden industry, said it expects 7 to 9 percent company-wide sales ...
Sky Financial Group Increases Fourth Quarter Cash Dividend.
Nov 22, 2002 ... Marty E. Adams, Chairman, President and CEO of Sky Financial Group, Inc. , announced today that the Company's Board of Directors has declared a fourth quarter cash dividend of $.20 per share on its common stock, payable January 2, 2003, to shareholders of record December 16, 2002. The ...
Inter-American Products Announces Ice Cream Recall.
Nov 22, 2002 ... Inter-American Products, Inc. today announced it is recalling half-gallon cartons of Country Club DELUXE Cookies N' Cream Ice Cream because the product may contain undeclared peanuts. The half-gallon containers carry the code 198213-870 on the end of the carton and were ...
Publishing Executive Elected to Scripps Board.
Nov 22, 2002 ... David A. Galloway, retired president and chief executive officer of Toronto-based Torstar Corp., has been elected to the board of directors of The E. W. Scripps Company . Galloway, 59, fills a vacancy created earlier this year when Daniel J. Meyers retired from the board. The ...
El Paso Electric Lists on NYSE.
Nov 22, 2002 ... El Paso Electric announced today that it will transfer its common stock listing to the New York Stock Exchange (NYSE) on Wednesday, December 4, 2002 and will retain its current symbol "EE". To commemorate EE's first day of trading, Gary Hedrick, President and CEO, will ring the opening ...
Torch Energy Royalty Trust Declares Fourth Quarter 2002 Distribution.
Nov 22, 2002 ... Torch Energy Royalty Trust ("Trust") today announced a cash distribution of 27.7 cents per unit, payable on December 12, 2002, to unitholders of record on December 2, 2002. This cash distribution is attributable to third quarter 2002 production from the Underlying Properties. ...
DGSE Companies, Inc. Announces Completion of Significant Refinancing of All Interest Bearing Debt Resulting in Almost 27 Percent Reduction in Annual Interest Costs; Transaction Will Positively Impact Fourth Quarter and Year Earnings.
Nov 22, 2002 ... DGSE Companies, Inc. , which wholesales, retails and auctions fine watches, jewelry, diamonds and precious metal products via traditional and Internet channels, today announced completion of a significant refinancing of all of its interest bearing debt. "We are pleased to have ...
Gadzooks Reports Third Quarter Operating Results.
Nov 22, 2002 ... Gadzooks, Inc. today reported a net loss of $856,000 for the third quarter ended November 2, 2002 compared to net income of $1.0 million for the third quarter of fiscal 2001. On a diluted basis, the Company reported a net loss per share of $0.09 for the quarter compared to net income of ...
EOG Resources Repurchases One Million Shares.
Nov 22, 2002 ... EOG Resources, Inc. (EOG) has previously disclosed that 11.5 million shares of EOG common stock were held by an affiliate of Enron Corp. (Enron). On June 21, 2002 the judge in the Enron bankruptcy case authorized the sale of the 11.5 million shares of EOG common stock in a manner ...
Williams Energy Partners Increases 2002 Earnings Guidance, Agrees to Terminate Tesoro Acquisition.
Nov 22, 2002 ... Williams Energy Partners L.P. announced today that it is increasing its earnings guidance for the partnership to approximately 70 cents for fourth quarter 2002 and $3.40 for the full year. Previous guidance had been 45 cents for the quarter and $3.09 for the year. "Now that ...
FMC Technologies Unit Signs Subsea Service Agreement Extension With Statoil.
Nov 22, 2002 ... FMC Technologies, Inc. announced today that its FMC Energy Systems business has signed an extension of its existing subsea service agreement with Statoil ASA to provide technical services and subsea equipment for an additional two years, with an option for two more years beyond that. ...
Southside Bancshares, Inc. Declares Cash Dividend.
Nov 22, 2002 ... The Board of Directors of Southside Bancshares, Inc. , parent company of Southside Bank, declared a regular quarterly cash dividend on the Company's common stock of $0.07 per share and a special cash dividend of $0.03 per share. The dividend is payable December 19, to common stock ...
ACE Cash Express Announces the Sale of 19 South Florida Stores.
Nov 22, 2002 ... ACE Cash Express, Inc. , the nation's largest check-cashing chain and a significant provider of related retail financial services, announced the sale of 19 of its stores in south Florida. A local competitor, CCS Financial Services, Inc. dba The Check Cashing Store, headquartered ...
HCC Appoints New Director.
Nov 22, 2002 ... HCC Insurance Holdings, Inc. announced today that Michael A.F. Roberts has been appointed to the Board of Directors at its November 21, 2002 meeting. In addition, Mr. Roberts will serve as a member of the Company's Nominating and Corporate Governance Committee, as well as its ...
Quicksilver Resources Announces Completion of Public Stock Offering.
Nov 22, 2002 ... Quicksilver Resources Inc. , today announced the completion of the offering of 1,150,000 shares of common stock at a price of $21.75 per share, including 150,000 shares covered by an underwriter's over-allotment option granted by the company. McDonald Investments Inc. acted as sole ...
Weingarten Realty Investors Sells Medium-Term Notes.
Nov 22, 2002 ... Weingarten Realty Investors (WRI) announced today the sale of $32 million of notes under its Medium-Term Note (MTN) program. The notes were issued at a fixed rate of 5.675% with a maturity of 10 years. Proceeds from this transaction will be used to pay down amounts outstanding ...
O'Brien Named to Lead Entergy's Safety and Environment Efforts.
Nov 22, 2002 ... James H. O'Brien has been named vice president, safety and environment, for Entergy Corporation , a newly created position that will provide oversight for the company's safety and environmental efforts. "We have seen tremendous progress in our safety and environmental ...
Frozen Food Express Industries and International Transport Logistics Announce Refrigerated Trailer Service to Puerto Rico.
Nov 22, 2002 ... FFE Transportation Services, Inc., a wholly owned subsidiary of Frozen Food Express Industries, Inc. (FFEX), announced today that it has entered into a joint venture with International Transport Logistics, Inc. (ITL) to provide temperature-controlled and non-temperature- controlled ...
Fossil WRIST PDA With Palm OS Named Best of Show at COMDEX Fall 2002; First Ever Palm Powered Wrist PDA Awarded Best Mobile Device.
Nov 22, 2002 ... COMDEX -- Fossil, Inc., a leader and innovator in watch design, development and fashion accessories, today announced its Palm Powered(TM) WRIST PDA was named "Best of COMDEX" in the mobile devices category at COMDEX Fall 2002 by show organizer Key3Media Group Inc. and sponsor PC Magazine ....
ACS Notified By the Texas Health and Human Services Commission of Its Intent To Award Texas Medicaid Contract to ACS.
Nov 22, 2002 ... ACS , a premier provider of business process and information technology outsourcing solutions, announced today that it has been notified by the Texas Health and Human Services Commission (HHSC) of their intent to award a contract, valued at more than $600 million, for four-years with two ...
Haggar Corp. Responds to Demand for Access to the Company's Stock Ledger.
Nov 22, 2002 ... Haggar Corp. today announced that it has filed a declaratory action in response to a demand previously received from Mr. Thomas G. Kahn, purportedly acting individually or as trustee or co-trustee for Kahn Brothers & Co. Profit Sharing Plan & Trust, requesting that the Company provide him ...
ACS Notified By the Texas Health and Human Services Commission of Its Intent To Award Texas Medicaid Outsourcing Contract to ACS.
Nov 22, 2002 ... ACS , a premier provider of business process and information technology outsourcing solutions, announced today that it has been notified by the Texas Health and Human Services Commission (HHSC) of their intent to award a contract, for four years with two one-year options, to provide fiscal ...
The UniMark Group, Inc. Receives Going Private Proposal.
Nov 22, 2002 ... The UniMark Group, Inc. (BULLETIN BOARD: UNMG.OB) announced today that it has received a proposal from its largest shareholder, M&M Nominee LLC, in which a company to be formed by M&M Nominee would acquire all of UniMark's outstanding shares of common stock not already owned by M&M ...
Nextgen Signs Definitive Agreement to Acquire Residential Services Company.
Nov 22, 2002 ... Nextgen Communications Corp. (BULLETIN BOARD: NXGC) , soon to be re-named Home Solutions of America, Inc., today announced the signing of a definitive agreement to acquire P.W. Stephens, Inc. of Huntington Beach, CA. P.W. Stephens provides a multitude of services to both residential and ...
Alcon Recalls SKBM Microkeratome.
Nov 22, 2002 ... Alcon, Inc. announced today that it has commenced a voluntary recall of the SKBM(R) microkeratome, which it obtained as part of its acquisition of Summit- Autonomous Technologies, Inc. The company decided to recall the units after receiving a very small number of complaints that the ...
William H. Prestage Resigns From The Smithfield Foods Board of Directors.
Nov 22, 2002 ... Smithfield Foods, Inc. announced today that William H. Prestage had resigned from the company's board of directors. In a letter to the board of directors and chairman and chief executive Joseph W. Luter, III, Mr. Prestage, 67 years old, said that he was resigning due to ...
EntreMed Presents Preclinical Data on Oncology Vaccine.
Nov 22, 2002 ... EntreMed, Inc. , a biopharmaceutical leader in angiogenesis research and product development, today released preclinical findings on its vaccine that inhibits tumor development by up to 90 percent in animal models without toxicity. The vaccine specifically blocks the action of basic ...
Allied Research Announces CEO Resignation.
Nov 22, 2002 ... General (Ret.) J. H. Binford Peay, III to Leave in June 2003; To Remain as Non-Executive Chairman Allied Research Corporation , announces that General (Ret.) J. H. Binford Peay, III, Chairman of the Board, President and CEO, has decided to resign effective June, 2003 to serve as ...
Orbital Receives Unqualified Audit Opinion.
Nov 22, 2002 ... Company Files Registration Statements Related To Recent $135 Million Financing Transaction Orbital Sciences Corporation announced that on November 20, 2002 it filed with the U.S. Securities and Exchange Commission (SEC) an amendment to its 2001 annual report on Form 10-K/A, ...
Lafarge North America Idles Wilmington Drywall Plant.
Nov 22, 2002 ... Lafarge North America Inc. Toronto said today that it is idling manufacturing operations at its gypsum drywall plant in Wilmington, Delaware, as part of its ongoing strategy to service customers predominantly from newer, more efficient plants in the eastern U.S. Built in 1959, ...
Martek's DHA Improves Arterial Flexibility in Overweight Children.
Nov 22, 2002 ... Data Presented at Annual Scientific Sessions of American Heart Association Martek Biosciences Corporation today announced the results of a clinical investigation examining the effects of docosahexaenoic acid (DHA) on endothelial function in children with elevated blood lipid ...
ASC Announces Initial Cash Distribution Following Dismissal of Shareholder Suit.
Nov 22, 2002 ... Advanced Switching Communications, Inc. today announced its Board of Directors has approved an initial cash distribution of $1.32 per share to holders of the Company's common stock. The distribution will be paid on December 16, 2002 to holders of record as of December 2, 2002. ...
ArvinMeritor Declares Quarterly Dividend on Common Stock And Announces Annual Shareowners' Meeting.
Nov 22, 2002 ... The ArvinMeritor, Inc. board of directors today declared a quarterly dividend of ten cents per share on its common stock, payable Dec. 16, 2002, to shareowners of record on Dec. 2, 2002. (Photo: http://www.newscom.com/cgi-bin/prnh/20010524/ARVINLOGO ) The company ...
Republic Bancorp Declares 8-1/2 Cents Common Stock Cash Dividend.
Nov 22, 2002 ... Republic Bancorp Inc. , today announced that its Board of Directors declared a $.085 per share cash dividend to shareholders of record as of December 13, 2002 and payable January 6, 2003. This represents an effective increase of 10% from prior quarters. Republic Bancorp Inc., ...
MBT Financial Corp. Announces Dividend.
Nov 22, 2002 ... On November 21, 2002, the Board of Directors of MBT Financial Corp. (BULLETIN BOARD: MBTF) declared a quarterly cash dividend of fourteen (14) cents per common share. Dividends will be paid on January 15, 2003 to shareholders of record as of December 20, 2002. MBT Financial ...