PR Newswire back issues from Wednesday, December 11:
SAL Trust Preferred Fund I Declares Quarterly Dividend.
Dec 11, 2002 ... SAL Trust Preferred Fund I hereby announces that its Board of Trustees has declared a quarterly cash dividend in the amount equal to substantially all of the Fund's undistributed net investment income, which is expected to be equal to $0.609375 per share. The dividends will be payable on ...
LML and CheckFree Partner to Deliver End-to-End Check Conversion Solution for Lockbox.
Dec 11, 2002 ... Partnership Will Allow Financial Institutions to Expand Their ACH Operations To Deliver Suite of Check Conversion Services With The Simplicity Of a Single Provider CheckFree Corporation and LML Payment Systems Inc. today announced a partnership through which LML will provide ...
Southern Company and North Carolina EMC Announce Wholesale Power Agreement.
Dec 11, 2002 ... Southern Company and North Carolina Electric Membership Corporation announced today that they have signed a 100-megawatt wholesale power agreement for 2004 and 2005. Power to supply the contract will be generated from existing plant capacity that is owned and operated by Southern Company ...
Georgia Gulf to Announce Fourth Quarter Earnings Expectations.
Dec 11, 2002 ... Georgia Gulf plans to release fourth quarter earnings expectations next Wednesday, December 18, 2002, after close of market. The company will discuss fourth quarter earnings expectations via teleconference and Webcast on Thursday, December 19, 2002, at 9:00 AM EST. To access ...
Delta Connection(R) Offers Special Fares for Wilmington, N.C. Passengers; Fares Celebrate Expanded Regional Jet Service Between Wilmington and Atlanta.
Dec 11, 2002 ... Delta Connection is offering Wilmington customers special fares to celebrate additional regional jet service between Wilmington and Atlanta. The fares, which range from $188 to $338 round-trip, are available between Wilmington and 147 markets in the continental United States. Delta ...
SunTrust to Announce Fourth Quarter/Full Year Earnings On Wednesday, January 8, 2003.
Dec 11, 2002 ... SunTrust Banks, Inc. announced today that it will release fourth quarter/full year results prior to the market opening on Wednesday, January 8, 2003. SunTrust management will host a conference call on January 8 at 9:00 a.m. (Eastern Time) to discuss the earnings results and ...
Interland Gains Leadership in Mass-Market Web Solutions for Small Businesses By Signing to Acquire Trellix.
Dec 11, 2002 ... Combination Targets 20 Million Small Businesses Interland, Inc. , the leading provider of business-class Web hosting services to small and medium businesses, today announced it has begun the implementation of its mass-market growth strategy with the acquisition of Trellix ...
Delta Air Lines Announces Changes to SkyMiles(R) Medallion Program.
Dec 11, 2002 ... Modifications Involve Elite Status Qualification, Domestic Upgrades, Customer Recognition Delta Air Lines is reshaping its SkyMiles Medallion(R) program to better align loyalty benefits and rewards with customer revenue. Under new Medallion qualification guidelines, the ...
Acuity Brands to Discuss 2003 First Quarter Results.
Dec 11, 2002 ... Acuity Brands, Inc. will host a conference call on December 18, 2002 at 4:00 p.m. EST to discuss the company's fiscal year 2003 first quarter performance, following the announcement of quarterly results earlier that day. James S. Balloun, Acuity Brands' Chairman, President, and Chief ...
Russell Corporation Announces Regular Quarterly Dividend.
Dec 11, 2002 ... The Board of Directors of Russell Corporation declared its regular quarterly dividend of $.04 per common share, payable February 17, 2003, to shareholders of record on February 3, 2003. This represents the 159th consecutive quarterly dividend paid by the Company. ...
Roper Industries Announces 2002 Financial Results.
Dec 11, 2002 ... Record Cash Flow in Fourth Quarter; Q4 Earnings of $0.60 Per Share Met Guidance; Record Performance Expected in 2003 Roper Industries, Inc. today announced earnings of $0.60 per share (diluted) in the fourth quarter, in line with Company guidance and 11% higher than the prior ...
Main Street Banks Completes Acquisition of First National Bank of Johns Creek; Combination Expands Presence Into Dynamic Forsyth County.
Dec 11, 2002 ... Main Street Banks, Inc. , today announced the completion of its acquisition of First National Bank of Johns Creek, a $100 million asset bank headquartered in fast growing Forsyth County, Georgia. First National Bank of Johns Creek's banking offices in Suwanee and Alpharetta will give Main ...
Main Street Banks To Acquire First Colony Bancshares; Combination Creates Expanded Presence in High Growth North Atlanta Market.
Dec 11, 2002 ... Main Street Banks, Inc. , today announced the execution of a definitive agreement to acquire First Colony Bancshares, Inc., parent of First Colony Bank, a $320 million asset community bank headquartered in Alpharetta, Georgia. First Colony's banking offices in Alpharetta and Roswell will ...
John Deere to Produce Fuel Cell Technology Demonstrator Vehicle; Initiative Promises Lower Emissions, Quieter Operation and Improved Efficiency.
Dec 11, 2002 ... Deere & Company said today that it is working with Hydrogenics Corporation, a Canadian fuel cell manufacturer, to develop a technology demonstrator fuel cell-powered Commercial Work Vehicle (CWV). Deere is sharing plans for the vehicle at this week's Electric Transportation ...
Playboy and ARUSH Entertainment In Conjunction With Groove Games Announce Global Licensing Deal for Playboy World Builder Video Game.
Dec 11, 2002 ... Deal Marks Playboy's Entry into Mainstream Interactive Video Games Genre Playboy Enterprises, Inc. (PEI) today announced a global licensing deal with ARUSH Entertainment in conjunction with Groove Games to create, market and distribute a set of interactive simulation video ...
Midwest Express Holdings Reports November Performance.
Dec 11, 2002 ... Midwest Express Holdings, Inc. today reported November performance data for Midwest Express Airlines and Skyway Airlines, The Midwest Express Connection. Compared with November 2001, both Midwest Express and Skyway Airlines reported increases in traffic and capacity, while load ...
LodgeNet To Expand Product Offerings With Plug-And-Play, High-Speed Internet Access (HSIA) Solutions For The Hospitality Industry.
Dec 11, 2002 ... Company Updates Guidance for Q4 and Full Year 2002 LodgeNet Entertainment Corporation , the world's largest provider of broadband, interactive television services to the hospitality industry, today announced during its presentation at the UBS Warburg Media Conference that it is ...
United States Gypsum Company Receives Virginia Mining Reclamation Award.
Dec 11, 2002 ... United States Gypsum Company has won a 2002 Virginia Statewide Mining Reclamation Award for successfully returning the site of the company's Locust Cove underground mine near Rich Valley, Smyth County, Va., to its original state. The Locust Cove site where the company mined and calcined ...
Bank One Gears Up for Maximum Strength Growth in Chicago.
Dec 11, 2002 ... -- Adds branches and ATMs -- Introduces free checking -- Eliminates teller-assisted transaction fee -- Expands hours With its technology conversion now complete, Bank One today announced it is strengthening its position as the leading bank in Chicago. Bank One will open more ...
Toro Exceeds Profit Expectations Before Charges for Fiscal 2002; Expects Double Digit Earnings Growth in Fiscal 2003.
Dec 11, 2002 ... LIVE CONFERENCE CALL 10 a.m. CST www.toro.com/companyinfo/invest.html The Toro Company today reported net earnings of $5.0 million or $ .39 per diluted share on net sales of $275.4 million for its fiscal fourth quarter ended October 31, 2002. Results for the quarter include ...
Valencia Spain to Rely on Aladdin Knowledge Systems' eSafe Mail to Protect 500,000-user Public Network from Email Hazards.
Dec 11, 2002 ... System Now Deployed to First 85,000 Users as Part of 'Correo CV' Modernization Program As part of an ambitious modernization program that will eventually bring email and Internet access to the citizens of Valencia, Spain, nearby communities and residents of the region, the ...
Wells-Gardner Announces Its Selection as the Exclusive LCD Supplier to a Major Gaming Customer.
Dec 11, 2002 ... Customer Values Contract at $58 Million Over 3 Years With Shipments Expected To Start in 2003 Wells-Gardner Electronics Corporation announced that the Company has been selected as the exclusive liquid crystal diode (LCD) supplier by one of its major gaming customers. ...
Mexico's Cablemas Selects Motorola's Broadband Services Router (BSR) 64000 For Multiple DOCSIS(TM) 1.1 Plant Upgrades.
Dec 11, 2002 ... Motorola BSR 64000 Installations Slated for Three Major Cablemas Networks As Part of Cablemas' Strategy to Become Mexico's Premier Triple-Play Service Provider Motorola, Inc. Broadband Communications Sector announced that Mexico's Cablemas has selected Motorola's ...
Sprint Takes Major Step Toward Integration of Services with Consolidations In Network, IT and Billing Organizations.
Dec 11, 2002 ... Actions will eliminate overlaps, redundancies; result in the elimination of approximately 1,000 jobs; An additional 1,100 jobs to be eliminated in Global Markets, Local Telephone and Corporate as part of ongoing effort to maintain competitive cost structure Sprint today ...
CDW Reaffirms Earnings Per Share Guidance for the Fourth Quarter Updates Revenue Guidance.
Dec 11, 2002 ... CDW Computer Centers, Inc. , a leading provider of technology products and services to businesses and the public sector, today announced that the Company is reaffirming its earnings guidance of $0.50 to $0.52 per diluted share for the fourth quarter 2002, which would represent an increase ...
Boeing, Italian MoD Sign Contract for 767 Tanker Transports.
Dec 11, 2002 ... Officials from Boeing and the Italian Ministry of Defense have signed the final contract for four new 767 Tanker Transport aircraft and five years of contractor logistics support. Italy became the first customer for the 767 Tanker Transport last year when it selected the ...
CenterPoint Elects John C. Staley to Board of Trustees.
Dec 11, 2002 ... CenterPoint Properties Trust today announced the election of John C. "Jack" Staley to its Board of Trustees. Mr. Staley, a recently retired area managing partner of Ernst & Young LLP, joins the Board as an Independent Director and is expected to become Chair of the company's Audit ...
Caterpillar Inc. Maintains Dividend Rate.
Dec 11, 2002 ... Caterpillar Inc. today declared a quarterly cash dividend of thirty-five cents ($0.35) per share on its common stock, payable February 20, 2003, to stockholders of record at the close of business January 21, 2003. MAKE YOUR ...
CTI Industries Declares Stock Dividend.
Dec 11, 2002 ... CTI Industries Corporation today announced that the Board of Directors has declared a stock dividend of one share for each 5.25 issued and outstanding shares to all holders of record as of December 27, 2002. This stock dividend will represent approximately 19% of the issued and ...
Union Pacific Finalizes Land and Track Sale to Santa Clara Valley Transportation Authority.
Dec 11, 2002 ... Union Pacific Corporation today announced the closing of the sale of land and track to the Santa Clara Valley Transportation Authority (VTA). Union Pacific's $80 million agreement with the VTA involves approximately 15 miles of former Western Pacific right of way and track ...
Chicago Mercantile Exchange Holdings Inc. Completes Initial Public Offering.
Dec 11, 2002 ... Chicago Mercantile Exchange Holdings Inc. today announced the successful completion of its initial public offering. The over-allotment option was fully exercised. The company sold 3,712,660 shares of Class A common stock in the initial public offering. Shareholders of the company sold ...
Procter & Gamble - Second Quarter 2002/03 Update.
Dec 11, 2002 ... Procter & Gamble Guides Higher on Bottom Line The Procter & Gamble Company today stated that it is raising its estimated earnings per share growth for the December 2002 quarter behind higher operating margin growth versus previous guidance. Volume is expected to grow ...
Ralphs Named 'Retailer Of The Decade' By Mexican American Grocers Association.
Dec 11, 2002 ... The Kroger Co. today announced that Ralphs Supermarkets has been named "Retailer of the Decade" by the Mexican American Grocers Association (MAGA), the nation's largest Hispanic food retailing trade organization. Ralphs, a division of Kroger, was honored for "25 years of ...
Royal Appliance Announces Cross License Agreement With Matsushita Home Appliances.
Dec 11, 2002 ... Royal Appliance Mfg. Co. , maker of Dirt Devil(R) floor care products, today announced the Company and the Matsushita Home Appliance Company (Panasonic) have entered into a cross license agreement with respect to certain patents and related intellectual property rights. Panasonic has ...
Hollinger International Inc. Announces Amended Third Quarter 10Q.
Dec 11, 2002 ... On December 10, 2002, Hollinger International Inc. filed an amended 10Q in respect of its Third Quarter ended September 30, 2002, to amend the disclosure provided in note 10 Supplemental Condensed Consolidating Financial Information. Other Hollinger International ...
Erin Williams Appointed Vice President & Treasurer at Argosy Gaming Company.
Dec 11, 2002 ... Argosy Gaming Company today announced that Erin Williams has been appointed to the position of Vice President & Treasurer. In this capacity, she will be responsible for the treasury and investor relations functions, and will assume the responsibilities of Dan Marshall, Vice President ...
Horace Mann-NEA Foundation Teaching Excellence Award winners announced.
Dec 11, 2002 ... The Horace Mann Companies announces five members of the National Education Association (NEA) have been selected as finalists for the Horace Mann-NEA Foundation Award for Teaching Excellence. Each finalist has also been awarded the NEA Foundation Award for Teaching Excellence by the NEA ...
United Announces Suspension of Service to Caracas, Venezuela.
Dec 11, 2002 ... Service Temporarily Suspended as a Result of Travel Warning Issued By The U.S. Department of State United Airlines today announced that it is temporarily suspending service to the Simon Bolivar International Airport in Caracas, Venezuela, due to a heightened travel warning ...
Nationwide Financial Declares Regular Quarterly Dividend.
Dec 11, 2002 ... The board of directors of Nationwide Financial Services, Inc. , a leading provider of retirement and long-term savings insurance products, has declared a regular quarterly dividend of 13 cents ($0.13) per share on the issued and outstanding common shares of the company. The dividend is ...
NCS HealthCare Announces Delaware Court Decision; Special Meeting Enjoined.
Dec 11, 2002 ... NCS HealthCare, Inc. (BULLETIN BOARD: NCSS) announced today that the Delaware Chancery Court had entered an order preliminarily enjoining the implementation of NCS's proposed merger with Genesis Health Ventures, Inc., including the special meeting of shareholders to vote on that ...
More Than 97 Percent of CP&L/Progress Energy Customers Restored.
Dec 11, 2002 ... CP&L/Progress Energy crews have restored power to more than 448,775 customers, or 97 percent, of those who lost service as a result of last week's severe ice storm. As of 7:00 AM today, 15,225 remained without power, down from a peak of 464,000 customers. 3,100 customers in ...
Lowe's and Frigidaire Celebrate Success; Lowe's Will Claim the Seven Millionth Product From North Carolina Plant.
Dec 11, 2002 ... Electrolux Home Products, the manufacturer of Frigidaire appliances, and Lowe's Home Improvement Warehouse, will celebrate on Wednesday, December 11, 2002 with the presentation of the 7,000,000th dishwasher to come off the production line in Kinston, North Carolina. This unit will also ...
BB&T Gives Federal Award Money to Community Development Organization.
Dec 11, 2002 ... BB&T Corporation today said it has donated a $1.1 million grant from the U.S. Treasury to the nonprofit Center for Community Self-Help, a North Carolina organization that acts as a secondary market for affordable mortgage and small business loans. The federal grant -- known as ...
Manchester Launches New Global Technology Platform For Career Transition Services.
Dec 11, 2002 ... Manchester Inc., the workforce solutions business unit of MPS Group Inc. , today announced that it has launched the Manchester Career Portal, the powerful Web- based version of Manchester's personalized career transition management services, Career FasTrak. This portal serves as the ...
US LEC Reports Record Growth Figures.
Dec 11, 2002 ... Carrier Passes 10,000th Customer Mark With Double and Triple-Digit Growth in Key Areas Growing its customer base by 55 percent year-over-year, US LEC Corp. , a super- regional telecommunications carrier providing integrated voice, data and Internet telecommunications services to ...
Progress Energy Board Increases Dividend.
Dec 11, 2002 ... Progress Energy's board of directors today voted to increase the dividend on the company's common stock. Progress Energy has increased the dividend 15 straight years. The quarterly dividend, raised to 56 cents per share from 54.5 cents per share, is payable on February 1, 2003, to ...
Corrections Corporation of America Announces Record Dates for Fourth Quarter Cash Dividend on Series A Preferred Stock and Paid-In-Kind Dividend On Series B Preferred Stock.
Dec 11, 2002 ... Corrections Corporation of America announced today that, pursuant to the terms of the Company's Series A Preferred Stock (the "Series A Preferred Stock"), the Company's board of directors has declared a cash divided on the shares of Series A Preferred Stock for the period from October 1, ...
The South Financial Group Increases Cash Dividend.
Dec 11, 2002 ... The South Financial Group, Inc. announced a 17% increase in its quarterly cash dividend on its common stock. At its meeting earlier today, the Board of Directors declared a regular quarterly cash dividend of $0.14 per common share. The dividend will be paid February 1, 2003 to ...
NCI Building Systems Reports Fiscal 2002 Net Earnings Of $1.72 per Share, Up From $0.91 per Diluted Share in Fiscal 2001.
Dec 11, 2002 ... Fourth Quarter Earnings Exceed Earlier Projections NCI Building Systems, Inc. , today announced an increase in earnings to $32.1 million, or $1.72 per diluted share, for its fiscal year ended Nov. 2, 2002, up from $16.5 million, or $0.91 per diluted share, in fiscal 2001. Sales ...
National Processing Company's Mark D. Pyke Appointed to Board of ETA.
Dec 11, 2002 ... National Processing Company (NPC(R)) a leading provider of merchant debit and credit card processing and a wholly owned subsidiary of National Processing, Inc. announced today that Chief Operating Officer, Mark D. Pyke has been appointed to the Electronic Transactions Association (ETA) ...
Nordson's Fourth-Quarter and Year-End Results Reflect Weak Business Environment Worldwide.
Dec 11, 2002 ... Nordson Corporation today reported fourth-quarter fiscal 2002 sales of $179 million, down 5 percent compared with $188 million from the same period of the prior year. Sales volume declined approximately 8 percent, offset by favorable currency effects. On a diluted basis and ...
Delaware Supreme Court Rules on Genesis Merger Litigation.
Dec 11, 2002 ... NCS HealthCare, Inc. (NCSS.OB) announced today that the Delaware Supreme Court, in a 3 to 2 decision, remanded the legal proceedings relating to NCS's proposed merger with Genesis Health Ventures, Inc. and directed the Delaware Chancery Court to enter an injunction that will prevent ...
Barry Mayo Hired to Lead Emmis-New York.
Dec 11, 2002 ... NYC Market veteran to oversee operations at Hot97, CD101.9 and Kiss FM Emmis Communications Corporation today announced the hiring of Barry Mayo as Senior Vice President/Market Manager of Emmis-New York. "We anticipated the very best candidates making themselves ...
Dana Products Featured on Eight of Ward's 10 Best Engines.
Dec 11, 2002 ... Dana Corporation announced today that it supplies products on eight of the 10 engines judged by Ward's AutoWorld magazine to be the best engines for 2003. The winning engines, announced today, were selected by a panel of judges assembled by Ward's. (Photo: ...
TRW Shareholders Approve Merger with Northrop Grumman.
Dec 11, 2002 ... TRW Inc. announced that at a special meeting held today, its shareholders approved the merger of TRW and Northrop Grumman Corporation . (Photo: http://www.newscom.com/cgi-bin/prnh/20010824/TRWLOGO ) Northrop Grumman shareholders also are voting on the proposed ...
Robbins & Myers Announces First Quarter Dividend.
Dec 11, 2002 ... Robbins & Myers, Inc. announced that its Board of Directors approved the regular quarterly dividend payment of $.055 per share for the first quarter of fiscal 2003. Shareholders of record as of January 10, 2003 will receive payment on January 31, 2003. Robbins & Myers, Inc. is ...
Simon Property Group Will Proceed with its $18.00 Per Share Cash Offer For Taubman Centers, Inc.
Dec 11, 2002 ... Simon Property Group, Inc. today issued the following statement in response to today's rejection by Taubman Centers, Inc. of Simon's premium all-cash offer: "TCO's public shareholders, who own 99% of the Company, should be the ones who decide whether SPG's all-cash $18 offer ...
Chiquita Brands International Elects Durk Jager To Board Of Directors.
Dec 11, 2002 ... Chiquita Brands International, Inc. today announced that Durk I. Jager, 59, former chairman, president and chief executive officer at Procter and Gamble, has joined its board of directors. "Durk adds a wealth of innovative consumer-product expertise to our board," said Cyrus ...
AEP Encouraged by Moody's Comments.
Dec 11, 2002 ... American Electric Power said today that it is encouraged that Moody's Investors Service recognized the company's strong liquidity and investment-grade quality, despite the downgrade of the company's senior unsecured rating. Moody's today announced that it is lowering AEP's ...
Belo Updates Investment Community on Key Business Strategies.
Dec 11, 2002 ... Management Presents at CS First Boston 2002 Media Week Conference and UBS Warburg 30th Annual Media Week Conference Belo presented at the CS First Boston 2002 Media Week Conference and the UBS Warburg 30th Annual Media Week Conference in New York City today, providing guidance ...
National Instruments and Tektronix Host Joint Hands-On Seminars Throughout 2003.
Dec 11, 2002 ... Industry Leaders Demonstrate Virtual Instrumentation Using Open Windows Oscilloscopes National Instruments and Tektronix, Inc. continue their collaboration to solve design engineers' application challenges with a series of hands-on technical seminars demonstrating NI LabVIEW ...
Safescript Pharmacies, Inc. Announces Finalization of Market Partner Sale.
Dec 11, 2002 ... RTIN Holdings (BULLETIN BOARD: RTNH) , announced today that through its subsidiaries Safescript Pharmacies, Inc.(TM) and SafeMed Systems, Inc., it has completed the sale of its territories in Iowa, Arkansas, Oklahoma, Illinois, Kansas, Nebraska and Missouri to Mid-American Pharmacies, ...
Access Pharmaceuticals, Inc. Announces Board Appointment.
Dec 11, 2002 ... ACCESS PHARMACEUTICALS, INC. today announced the appointment of Stuart Duty to the Board of Directors of the Company. Mr. Duty is currently a Partner at Oracle Partners, L.P. Prior to joining Oracle Partners, L.P. he held senior healthcare investment banking positions, most ...
Tyler Technologies Announces Approval of Plan of Reorganization for Swan Transportation Company.
Dec 11, 2002 ... Tyler Technologies, Inc. announced today that the U.S. Bankruptcy Court for the District of Delaware confirmed the plan of reorganization for Swan Transportation Company, a non-operating subsidiary of Tyler. The plan of reorganization received the affirmative vote of approximately 99% of ...
BMC Software Named as 2003 Company to Watch.
Dec 11, 2002 ... Company Recognized as Leader in Contributing to the Development Of 'Intelligent' Enterprises BMC Software, Inc., , a leader in enterprise management, announced today that CMP Media's Intelligent Enterprise magazine has selected BMC Software as one of its "48 Companies to Watch" ...