PR Newswire back issues from Wednesday, December 4:
Dixie and Coca-Cola Forge Strategic Licensing Partnership.
Dec 04, 2002 ... Dixie, a unit of Georgia-Pacific Corp. and producer of America's best-known disposable cups, today announced it has formed a partnership agreement with The Coca-Cola Company to produce an assortment of Coca-Cola branded cups for retail distribution. Plastic cups featuring the Dixie brand ...
Mirant Appoints Harvey A. Wagner as Chief Financial Officer.
Dec 04, 2002 ... Mirant today announced that effective January 1, 2003, Harvey A. Wagner will be joining the company as executive vice president and chief financial officer (CFO). Mr. Wagner will be replacing Mirant's current CFO, Ray Hill, who has accepted a teaching position at Emory University's ...
Georgia Gulf Names New Vice President Treasurer.
Dec 04, 2002 ... Georgia Gulf Corporation announced today that its Board of Directors has appointed Jim Matthews to the position of vice president treasurer, effective December 3, 2002. In addition, he will retain his position as corporate controller. Mr. Matthews, 49, joined the company in ...
CTI Molecular Imaging Introduces REVEAL XVI(TM) PET/CT Imaging System.
Dec 04, 2002 ... Offers Unprecedented Image Quality for Cardiac and Oncology Procedures, Reduces Testing Time to Just 13 Minutes Or Less CTI Molecular Imaging, Inc. , a world leader in positron emission tomography (PET) products and services, introduced the REVEAL XVI PET/CT imaging system, the ...
CTI Granted Patent For PET/CT Scanner.
Dec 04, 2002 ... CTI Molecular Imaging, Inc. , announced today that its CPS Innovations unit has been granted a method patent by the U.S. Patent and Trademark Office in connection with its development of the PET/CT scanner. The patent application was filed in 1999 and was issued yesterday. ...
ING Agrees to Extend Strategic Alliance Relationship With Kookmin Bank (Korea).
Dec 04, 2002 ... ING Group is pleased to announce that it has reached agreement with Kookmin Bank (Korea) to extend the strategic alliance relationship with Kookmin. Under the terms of the agreement signed today, ING and Kookmin Bank will engage in bancassurance and asset management activities ...
Beazer Homes USA, Inc. Reports November Home Orders (Revised).
Dec 04, 2002 ... Beazer Homes USA, Inc. (www.beazer.com ) yesterday released preliminary unit net orders for November 30, 2002. While the totals for the two months ended November 30, 2002 were correct, amounts reported for the Southeast region and the Mid- Atlantic region for that period included a ...
Scientific-Atlanta Expands Data Opportunities for Cable Operators With New DOCSIS 1.1 Prisma G1 CMTS.
Dec 04, 2002 ... New CMTS Delivers Cost-Effective, Powerful RF Performance In a One Rack-Unit Package Cable operators seeking to boost revenues by launching high-speed data services can take advantage of the combination of performance and cost-effectiveness delivered by Scientific- Atlanta's ...
Colonial Properties Trust Renews and Extends $320 Million Unsecured Line of Credit.
Dec 04, 2002 ... Colonial Properties Trust today announced that its subsidiary, Colonial Realty Limited Partnership (together with Colonial Properties Trust, the "Company"), closed a $320 million unsecured revolving line of credit replacing its $300 million revolving facility due April 2003. ...
The Home Depot(R) Announces Executive Appointments.
Dec 04, 2002 ... Company Names Joe Izganics President, Services and Bill Patterson, President Of New Central Division The Home Depot , the world's largest home improvement retailer, today announced two executive appointments that will result in an organizational realignment. Both appointments ...
Cotton States Life Insurance Company Declares Quarterly Cash Dividend.
Dec 04, 2002 ... Cotton States Life Insurance Company today reported that the Board of Directors declared a quarterly cash dividend of $.04 per share, payable on January 13, 2003, to shareholders of record on December 23, 2002. Cotton States Life Insurance Company, headquartered in Atlanta, is ...
Crawfrord & Company Teams With Insurance Provider to Offer Integrated Disability Service.
Dec 04, 2002 ... Crawford & Company and Standard Insurance Company have joined to deliver fully integrated disability management (IDM) services to companies and their employees. Under this strategic agreement, Crawford will offer absence management and workers' compensation administration. Standard will ...
International BioChemical Industries Considers 'Custody Only' Trading.
Dec 04, 2002 ... International Biochemical Industries, Inc. (BULLETIN BOARD: IBCL) announced today that it is considering adopting "custody only" trading, as other companies aware of naked shorts are beginning to shut down the manipulation of their stock as a possible mechanism to protect the company's ...
Delta Shuttle Brings Santa to New York; Annual Holiday Event Brings Joy of the Season to Community Children.
Dec 04, 2002 ... Delta Shuttle helped Santa Claus deliver holiday presents to thousands of New York City children today as part of the 29th annual Operation Santa Claus, sponsored by the Community Mayors of New York and New Jersey. Approximately 5,000 children with special needs from the New ...
Delta Air Lines Reports November Traffic.
Dec 04, 2002 ... Delta Air Lines today reported traffic results for the month of November 2002. Traffic comparisons are provided for year-over-year activity for 2001 and 2000 because the events of Sep. 11, 2001, distort comparisons to 2001. System traffic for November 2002 increased 11.0 ...
Eckerd Selects NDCHealth and TechRx to Deliver Next-Generation Pharmacy Solution.
Dec 04, 2002 ... NDCHealth , TechRx Incorporated and Eckerd Corporation have announced a letter of intent under which NDCHealth would provide its intelligent network and pre and post editing services and TechRx would provide the T-Rex One(TM) Enterprise pharmacy system to Eckerd. T-Rex One Enterprise, ...
CytRx Retains Prominent Consulting Firm for Industry-Wide Strategic Alliances.
Dec 04, 2002 ... CytRx Corporation has announced that Rip Grossman and Associates, a successful health care consulting firm based in Kansas City, Missouri, has been retained as a consultant to assist CytRx in identifying potential out-licensing of technology, mergers and acquisitions as well as strategic ...
Network TEN reports record EBITDA for First Quarter of F2003.
Dec 04, 2002 ... CanWest Global Communications Corp. announced today that its Australian television operation, Network TEN, has reported its highest ever quarterly television revenues and earnings for the three months, ended November 30, 2002. Earnings before interest, tax, depreciation and ...
Fording Inc. Approves Transaction With Teck Cominco and Westshore Terminals.
Dec 04, 2002 ... Notice of Conference Call The Boards of Directors of Fording Inc. (TSX/NYSE: FDG), Teck Cominco Limited (TSX: TEK.A, TEK.B), and Westshore Terminals Income Fund (TSX: WTE.UN) today approved a transaction whereby Fording shareholders would receive a combination of cash and units ...
Alberta Energy Company Ltd. Announces Redemption Price for Capital Securities.
Dec 04, 2002 ... Alberta Energy Company Ltd. ("AEC") announced today that the redemption price for its 8.38% Capital Securities due June 27, 2040 will be $110.104 per $100 principal amount of such Capital Securities and that the redemption price for its 8.50% Capital Securities due December 20, 2040 will ...
Motorola Unveils Full, End-To-End VOD Solution at BroadbandPlus 2002.
Dec 04, 2002 ... Solution Enhances the Operational Efficiency of Existing Digital Networks, Enabling the Cost-Effective Implementation of Video-On-Demand Session Encryption, Transport, and Multi-Channel Digital Ad Insertion Motorola, Inc. Broadband Communications Sector unveiled its new ...
Advanced Architecture Combines RF and Baseband to Give Bluetooth(TM) Developers a Leading Edge.
Dec 04, 2002 ... Motorola demonstrates MC72000 complete solution and the Bluetooth Accelerator on the DragonBall(TM) MX1 at Bluetooth Developers Conference Avoiding the trade-off between cost and performance found in competing solutions, Motorola, Inc.'s Semiconductor Products Sector (SPS) is ...
Monsanto Chief Financial Officer Says Free Cash Generation Is Sustainable.
Dec 04, 2002 ... Monsanto Chief Financial Officer Terry Crews said today that the company's ability to generate strong free cash flow is sustainable throughout the 2002-2004 timeframe. In his remarks at the Salomon Smith Barney 13th Annual Chemical Conference, Crews also said 2003 and 2004 are ...
Engineered Support Receives $11.2 Million Radar System Contract From Canadian Military.
Dec 04, 2002 ... Engineered Support Systems, Inc. has received a $11.2 million contract for the upgrade of Manportable, Surveillance, and Target Acquisition Radar (MSTAR) systems from the Canadian Department of National Defence. The contract award also includes spare parts and associated components, ...
Belden Offers Full Line of Industrial Ethernet Cables for Even the Most Demanding Industrial Environments.
Dec 04, 2002 ... Belden Electronics Division , a worldwide leader in industrial cabling solutions announces a complete line of DataTuff(R) twisted pair copper and TrayOptic(R) fiber optic Industrial Ethernet cables. Data transmission errors in industrial networks can lead to interruptions in ...
Zebra Technologies Offers ZebraNet(R) Wireless Card Socket Option on 105SL Industrial Printer.
Dec 04, 2002 ... ZebraNet Enables Industrial Networking with Multi-Card Compatibility For Increased Functionality and Efficiency Zebra Technologies , a global leader in delivering printing solutions for business improvement, today announces the availability of ZebraNet, its unique internal ...
Cabot Microelectronics and Ondeo Nalco Announce a Wastewater Management And Water Recycle Alliance.
Dec 04, 2002 ... Cabot Microelectronics Corp. , the leading supplier of chemical mechanical planarization (CMP) polishing slurries to the semiconductor industry, today announced that it has formed an alliance with Ondeo Nalco to provide flexible strategic sourcing solutions for wastewater management and ...
U.S. Gypsum's New Durock Brand Cement Board Line in Baltimore Strengthens Its Leadership Position in Tile Backer Board Business.
Dec 04, 2002 ... United States Gypsum Company, a subsidiary of USG Corporation , has announced the opening of its new DUROCK(R) Brand Cement Board manufacturing line at the company's Baltimore, Md., plant. (Photo: http://www.newscom.com/cgi-bin/prnh/20010511/USGLOGO ) This high-speed ...
Tefron to Shift U.S. Consumer Division Manufacturing to Israel.
Dec 04, 2002 ... The Shift Is Expected to Contribute About $6 Million Annually to Tefron's Operating Income Tefron Ltd., , today announced that the Company will shift manufacturing for the Consumer Division of its wholly owned subsidiary Alba- Waldensian located in Valdese, NC to its Hi-Tex ...
Tribune Company Elects Two Directors.
Dec 04, 2002 ... Betsy Holden, Co-CEO, Kraft Foods, Inc., and Kathryn Turner, Chairperson And CEO, Standard Technology, Inc., Join Board Tribune Company today announced that Betsy Holden, co-CEO of Kraft Foods, Inc. and president and CEO, Kraft North America, and Kathryn Turner, chairperson and ...
Sauer-Danfoss Inc. Announces Fourth Quarter Dividend of $0.07 Per Share.
Dec 04, 2002 ... Sauer-Danfoss Inc. (NYSE: SHS; FSE: SAR) today announced that its board of directors has declared a cash dividend of $0.07 per share for the fourth quarter ended December 31, 2002. The dividend is payable on January 15, 2003, to stockholders of record as of December 27, 2002. ...
Sauer-Danfoss Inc. Appoints Steven H. Wood to Its Board of Directors.
Dec 04, 2002 ... Sauer-Danfoss Inc. (NYSE: SHS; FSE: SAR) today announced that Steven H. Wood, 45, Executive Vice President & Chief Financial Officer of Maytag Corporation , has been appointed to its board of directors, effective January 1, 2003. "We are very pleased that Steve Wood will be ...
Monsanto Company and CPT Jointly Announce Settlement of Lawsuits.
Dec 04, 2002 ... Monsanto Company ("Monsanto") announced today that it has dismissed its lawsuit against Chemical Products Technologies ("CPT") and the three other defendants (Zetachem USA, Inc., Zetachem PTY, and the Hide Group, LLC). CPT announced that it has dismissed its lawsuit against ...
General Growth Properties, Inc. Announces Acquisitions.
Dec 04, 2002 ... General Growth Properties, Inc. today announced the acquisition of Southland Mall in Hayward, California and the closing of the previously announced acquisition of Glendale Galleria in Los Angeles. General Growth purchased 100% of Southland Mall from an institutional joint ...
Peoples Energy Declares Quarterly Dividend.
Dec 04, 2002 ... Directors of Peoples Energy today declared the regular quarterly dividend of 52 cents per share, payable on January 15, 2003 to shareholders of record at the close of business December 20, 2002. Peoples Energy, a member of the S&P 500, is a diversified energy company comprised ...
Richardson Electronics Named Authorized Distributor for Planar Systems.
Dec 04, 2002 ... Richardson Electronics , a global provider of engineered solutions for the medical display systems market, today announced it has been named an authorized distributor for Planar Systems, a worldwide leader in flat-panel medical display solutions. The agreement encompasses distribution ...
United Airlines' Traffic up 7.7% as Load Factor Rises to 69.2%.
Dec 04, 2002 ... United Airlines' total scheduled revenue passenger miles (RPMs) rose 7.7 percent in November vs. the comparable month in 2001 as capacity was increased 6.7 percent. The carrier's passenger load factor came in at 69.2 percent, up from 68.5 percent a year ago. "United carried ...
CTI Molecular Imaging Introduces Eclipse ST Cyclotron.
Dec 04, 2002 ... Designed for On-site Production of FDG Radiopharmaceuticals for PET Imaging CTI Molecular Imaging today introduced the Eclipse ST cyclotron, a low-cost, self shielded cyclotron that will allow PET imaging centers to manufacture their own FDG radiopharmaceuticals required for ...
Tentative Agreement Reached in IPSCO Labour Negotiations.
Dec 04, 2002 ... IPSCO Inc. (NYSE: IPS; TSX) is pleased to announce that it has reached a tentative labour agreement with its workers in Regina and Calgary, represented by the United Steelworkers of America. Both Union locals involved have indicated they will recommend the terms of settlement be accepted ...
First BancTrust Corporation Announces Additional Share Repurchase Program.
Dec 04, 2002 ... First BancTrust Corporation (the "Company") , announced that its Board of Directors has approved the continuation of its stock repurchase program by authorizing the repurchase of an additional 6.1% of the Company's outstanding common stock, which is approximately 85,477 shares. This ...
Sonoco to Host Annual Meeting With the Financial Community on December 6, 2002.
Dec 04, 2002 ... Sonoco's annual breakfast meeting for the financial community will be held in New York City on Friday, Dec. 6 at the Hotel Inter-Continental. Breakfast will begin at 7:30 a.m. and the presentation will start promptly at 7:50 a.m. Hosting the event are Harris DeLoach, president and CEO; ...
BP Solar Selects Manchester as Primary Interviewing Training Program; First International Release for Manchester's Advanced Behavioral Interviewing Strategies Program.
Dec 04, 2002 ... Manchester, the human capital solutions unit of MPS Group, Inc. , announced today that BP Solar, a key division of British Petroleum PLC, has selected Manchester's Advanced Behavioral Interviewing Strategies (ABIS) program as its primary interviewing training program used by BP Solar. ...
BB&T to Acquire Tallahassee, Fla.-based Premium Finance Company.
Dec 04, 2002 ... BB&T Corporation today said it plans to buy insurance premium finance company Southeastern Fidelity Corporation (SEFCO) of Tallahassee, Fla., in a stock swap. Terms were not disclosed. BB&T will combine the 5-year-old firm with Prime Rate Premium Finance Corporation Inc., the ...
TEPPCO Partners, L.P. Announces Sale of Additional 495,000 Units.
Dec 04, 2002 ... TEPPCO Partners, L.P. today announced Goldman, Sachs & Co. has purchased an additional 495,000 common units to cover over-allotments. The sale, which is part of TEPPCO's equity offering that closed Nov. 14, is at the initial price to the public of $26.83 per unit, less the underwriting ...
CP&L Mobilizes Additional Line and Service Crews in Advance of Winter Weather.
Dec 04, 2002 ... CP&L is mobilizing more than 100 additional line & service and tree personnel across its central North Carolina service area today in advance of a winter storm that is expected to bring snow, sleet, and freezing rain this afternoon and throughout the night. These crews will work alongside ...
Embrex's Bursaplex(R) Infectious Bursal Disease Vaccine Approved by China's Ministry of Agriculture.
Dec 04, 2002 ... Embrex, Inc., The In Ovo Company(SM), today announced it has received regulatory approval for Bursaplex(R) infectious bursal disease (IBD) vaccine from the Ministry of Agriculture for The People's Republic of China. "Approval from the Chinese authorities for Bursaplex(R) in ovo ...
RJR Announces Workforce Reduction and Fourth-Quarter Charge; Narrows Outlook for 2002 Full-Year Ongoing Earnings.
Dec 04, 2002 ... R.J. Reynolds Tobacco Holdings, Inc. today announced that it plans to record a fourth-quarter pre-tax restructuring charge of approximately $235 million, or about $145 million after tax. The charge and ensuing savings result from a comprehensive review of the company's assets and cost ...
Duke Energy Announces Leadership Changes.
Dec 04, 2002 ... Duke Energy President and Chief Operating Officer Fred Fowler today announced key organizational and management changes in Energy Services and Gas Transmission. "Duke Energy is addressing current market conditions and positioning for the future," said Fowler. "We're driving ...
Allen Telecom Declares Quarterly Convertible Preferred Stock Dividend.
Dec 04, 2002 ... Allen Telecom Inc. today announced that its Board of Directors declared and set a record date for the next quarterly dividend for the Series D Convertible Preferred Stock of $.96875 per preferred share. The annual rate for this dividend is $3.875 per share. The dividend is payable on ...
National City Outperforms 95% of the Companies in the S&P 500 and Banking Industry for Corporate Governance.
Dec 04, 2002 ... National City Corporation's corporate governance score, as calculated by Institutional Shareholder Services, Inc. (ISS), is 94.8, meaning that it ranked higher than 95% of the companies in both the S&P 500 and the banking industry. High scores resulted from such measures as ...
PolyOne to Sell Stake in So.F.teR S.p.A. Joint Venture.
Dec 04, 2002 ... PolyOne Corporation , a leading global polymer services company, and So.F.teR S.p.A., a leading Italian compounder of thermoplastic materials, including thermoplastic elastomers (TPEs), jointly announced today that they have completed a transaction whereby PolyOne has sold its majority ...
Laskawy Resigns from Goodyear Board.
Dec 04, 2002 ... The Goodyear Tire & Rubber Company announced today that Philip A. Laskawy, 61, has resigned from its board of directors to accept a position on the General Motors Corp. board. Laskawy, retired chairman and chief executive officer of Ernst & Young LLP, had been a member of Goodyear's ...
Lundin Succeeds Lauer as CEO of Oglebay Norton Company.
Dec 04, 2002 ... In keeping with its previously announced succession plan, Oglebay Norton Company today announced that its board of directors has elected Michael D. Lundin to succeed John N. Lauer as the company's chief executive officer effective today. John N. Lauer, age 63, will continue to serve as ...
Shiloh Industries Announces That Valley City Steel, LLC Voluntarily Filed For Protection Under Chapter 11 By Its Controlling Member, Viking Steel, LLC.
Dec 04, 2002 ... Shiloh Industries, Inc. , announced that, on December 2, 2002, the Company received official notice that Viking Steel, LLC unilaterally filed a voluntary petition for protection under Chapter 11 of the United States Bankruptcy Code for Valley City Steel, LLC on November 27, 2002. Viking ...
Bancinsurance Corporation Announces Successful Completion Of Trust Preferred Issue.
Dec 04, 2002 ... Bancinsurance Corporation , a specialty insurance holding company, announced today that it raised $8 million of capital through the issuance of floating rate trust preferred securities by BIC Statutory Trust I, a special purpose business trust subsidiary formed by Bancinsurance. The ...
Parker Hannifin Posts Monthly Orders Trend.
Dec 04, 2002 ... Parker Hannifin Corporation today reported orders for the month of November 2002 in the company's industrial and aerospace segments. Orders for the North American Industrial business increased three percent from the same month last year, while the Rest-of-World Industrial segment ...
NCS HealthCare Postpones Vote on Genesis Merger. Delaware Supreme Court Accepts Interlocutory Appeal.
Dec 04, 2002 ... NCS HealthCare, Inc. (NCSS.OB) announced today that it is postponing its special meeting of shareholders to vote on the Genesis Health Ventures, Inc. merger. As a result of this afternoon's decision by the Delaware Supreme Court, described below, the meeting has been rescheduled from ...
Webcast Alert: Nordson Corporation Announces Fourth-Quarter and Fiscal 2002 Earnings Webcast.
Dec 04, 2002 ... Nordson Corporation announces the following Webcast: <Pre> What: Nordson Corporation Fourth-Quarter and Fiscal 2002 Earnings WebcastWhen: Wednesday, Dec. 11, 2002, at 2:00 p.m. ESTWhere:http://www.nordson.com or ...
Powell Industries Announces Fourth Quarter and Fiscal Year End Earnings Release and Conference Call Schedule.
Dec 04, 2002 ... Powell Industries, Inc. , a leading manufacturer of equipment and systems for the control, distribution and management of electrical and other dynamic processes, today announced plans to release its fourth quarter and fiscal 2002 year end results on Thursday, December 5, 2002 at 6:00 a.m ....
Whole Foods Market(R) Opens in New Orleans to Offer Residents the Best In Natural Foods.
Dec 04, 2002 ... New Supermarket Features High-Quality Products and Premier Service Whole Foods Market(R) , the world's largest retailer of natural and organic foods, today opened a new store in the heart of the Garden District in New Orleans, LA. The supermarket -- located at 5600 Magazine ...
NI LabVIEW Integrates With TI Code Composer Studio(TM) to Shorten DSP Design Cycle.
Dec 04, 2002 ... National Instruments today announced the availability of the LabVIEW DSP Test Integration Toolkit. With this software, engineers can integrate NI LabVIEW graphical development environment with Texas Instruments Code Composer Studio development tools, greatly reducing testing and ...
Southwest Airlines Reports November Traffic.
Dec 04, 2002 ... Southwest Airlines Co. announced today that the Company flew 3.4 billion revenue passenger miles (RPMs) in November 2002, compared to 3.6 billion RPMs flown in November 2001. Available seat miles (ASMs) increased 4.0 percent to 5.7 billion from the November 2001 level of 5.5 billion. ...
EDS Launches New Version of Imageware(TM) Styling and Inspection Software.
Dec 04, 2002 ... Imageware 10 Enables Customers to Design, Accurately Build and Fully Inspect High Quality Freeform Products in Less Time EDS today announced the release of Imageware 10, a significantly enhanced software offering from its PLM Solutions line of business providing advanced ...
Radiologix Announces Management Changes; Independent Director Cadwell Named Chairman.
Dec 04, 2002 ... Radiologix, Inc. , a leading national provider of diagnostic imaging services, today announced changes to its executive management team. Mark L. Wagar, Chairman and CEO of Radiologix, has informed the Radiologix Board of Directors of his intention to resign as Chairman and CEO ....
Stewart & Stevenson Services Reports Fiscal Third Quarter Results; Net Earnings From Continuing Operations Were $0.17 Per Diluted Share.
Dec 04, 2002 ... Stewart & Stevenson Services, Inc. , a leading manufacturer, service provider, and distributor of industrial and energy related equipment; oilfield and airline ground support equipment; and medium tactical vehicles for the U.S. Army, announced results for the fiscal third quarter ending ...