PR Newswire back issues from Friday, December 13:
Microtek Medical Names New Director.
Dec 13, 2002 ... Microtek Medical Holdings, Inc. announced today that Michael E. Glasscock, III, M.D. has been named as a director of the Company, effective December 11, 2002. Dr. Glasscock practiced otology and neurotology for five years at the House Ear Clinic in Los Angeles, California and ...
Comair Aviation Academy Receives European JAA Approval, Allows Students to Earn European Pilot Licenses in Orlando, Fla., USA.
Dec 13, 2002 ... Florida-based Comair Aviation Academy has received approval from the European Joint Aviation Authorities (JAA) to provide professional pilot training for students planning to receive JAA certification to fly in Europe. The JAA is the European equivalent of the Federal Aviation ...
The Taj Hotels, Resorts and Palaces Becomes Delta's Newest SkyMiles(R) Partner; The Taj Group Offers Double Miles and Third Night Free.
Dec 13, 2002 ... Delta Air Lines has announced that the Taj Hotels, Resorts and Palaces is a partner in its SkyMiles frequent flyer program. SkyMiles members now can earn 500 miles for each qualifying stay* at Taj Luxury and Taj International Hotels and 250 miles for each qualifying stay* at the Taj ...
Delta Connection(R) Adds Jet Service Between Upstate New York and Atlanta; Schedule, Flight Frequency Improve for Syracuse and Rochester Passengers.
Dec 13, 2002 ... Delta Connection will offer Syracuse and Rochester passengers an improved schedule with increased flight frequency by adding in each market two additional daily nonstop, round-trip regional jet flights to Atlanta beginning Jan. 1, 2003. The additional service will be operated by Delta ...
EMS Technologies Announces Contract for 100 Wireless Mobile Clinical Workstations to NY-Based Medical and Trauma Center.
Dec 13, 2002 ... EMS Technologies, Inc. is announcing today that Erie County Medical Center, based in Buffalo, N.Y., will deploy 100 Mobile Clinical Workstations(TM), as part of a hospital-wide deployment of mobile devices at the patient point of care. The Patient Care Project will allow Erie ...
Delta Connection(R) Adds Jet Service Between Upstate New York and Atlanta; Schedule, Flight Frequency Improve for Syracuse and Rochester Passengers.
Dec 13, 2002 ... Delta Connection will offer Syracuse and Rochester passengers an improved schedule with increased flight frequency by adding in each market two additional daily nonstop, round-trip regional jet flights to Atlanta beginning Jan. 1, 2003. The additional service will be operated by Delta ...
Abrams Reports Second Quarter and Six Month Results.
Dec 13, 2002 ... Abrams Industries, Inc. - a construction, real estate and energy management company, today reported a net loss of $542,582 for the second quarter ended October 31, 2002, compared to net earnings of $1,574,393 for the same period last year. The net loss from continuing operations in the ...
Harland Celebrates 30th Anniversary of Puerto Rico Facility.
Dec 13, 2002 ... John H. Harland Company will celebrate its 80th anniversary in 2003 but reached an important milestone in 2002: the 30th anniversary of its production facility in Puerto Rico. Harland opened the facility in Gurabo, Puerto Rico, in 1972. Today, the facility's 54 employees ...
CanWest Settles with Russell Mills.
Dec 13, 2002 ... CanWest Global Communications Corp. announced today that the Company and Russell Mills have reached a fair settlement of all issues raised by Mr. Mill's dismissal as publisher of the Ottawa Citizen in June 2002. Mr. Mills is confident that CanWest intends to be a good owner of the paper ...
Talisman Announces Pilot Project for Enhanced Oil Recovery.
Dec 13, 2002 ... Talisman Energy Inc. has commenced a nitrogen injection pilot project at the Turner Valley oil field in Alberta. This enhanced oil recovery project is the first of its kind in Canada. A three-year evaluation period is planned to demonstrate that nitrogen gas can be injected into mature oil ...
MEDIA ADVISORY - TELUS to discuss financial outlook for 2003.
Dec 13, 2002 ... TELUS will discuss its financial outlook for 2003 in a conference call with the investment community. Media are invited to listen to an investor/analyst teleconference with executive vice president and CFO Robert McFarlane. <Pre> The investor call takes place: ...
Pengrowth Energy Trust Announces Enhanced Distribution Reinvestment And Trust Unit Purchase Plan.
Dec 13, 2002 ... Pengrowth Corporation ("Pengrowth"), administrator of Pengrowth Energy Trust, announced today the implementation of an enhanced Distribution Reinvestment Plan ("DRIP") effective January 15, 2003. Pengrowth is pleased to be offering its Canadian unitholders the opportunity to ...
Abbott Laboratories Declares 316th Consecutive Quarterly Dividend.
Dec 13, 2002 ... The board of directors of Abbott Laboratories today declared a quarterly common dividend of 23.5 cents per share, an 11.9 percent increase over the year- earlier quarter. This marks the 316th consecutive quarterly dividend to be paid by Abbott since 1924. The cash dividend is ...
Arch Coal's Annual Report Honored as Best In Its Industry for Fourth Straight Year.
Dec 13, 2002 ... The 2001 annual report of Arch Coal recently captured Best Annual Report in the coal industry by the National Association of Investors Corporation (NAIC) for the fourth consecutive year. Judges evaluated and selected Arch Coal's report as a 2002 Nicholson Award winner for ...
Metronet Selects the Tellabs(R) 6300 Managed Transport Systems to Enhance Its Network.
Dec 13, 2002 ... Metronet, a leading service provider in Mexico, will use the Tellabs(R) 6300 managed transport systems to lower operating costs and improve quality of service for its customers. The Tellabs(R) 6340 switch node and the Tellabs(R) 6320 edge node will enable Metronet's network to offer ...
DT Industries Announces Relocation of its Erie Manufacturing Operation.
Dec 13, 2002 ... DT Industries, Inc. , an engineering driven designer, manufacturer and integrator of automation systems and related equipment used to manufacture, assemble, test or package industrial and consumer products, today announced it will close its Erie, Pennsylvania operation and combine it into ...
Spartech Corporation Announces New Outsourcing Arrangement With Great Lakes Chemicals.
Dec 13, 2002 ... Spartech Corporation announced today that it has entered into an outsourcing agreement with Great Lakes Chemical Corporation -- a leading supplier of polymer additives -- for the manufacture of certain proprietary polymer stabilizer products. Spartech's Chairman, President and ...
Racing Champions Ertl Releases New 1:64 Scale The Fast and the Furious Die- Cast Collectibles.
Dec 13, 2002 ... With Universal Pictures' The Fast And The Furious 2 Scheduled For Theatrical Release In June Racing Champions Ertl announced today that it is releasing its first scale-model "tuner" car die-cast collectibles based on Universal Pictures' Summer 2001 box office sensation The Fast ...
Belden Announces Availability of a Comprehensive, New Master Catalog.
Dec 13, 2002 ... Belden Electronics Division , a world-leading manufacturer of wire and cable products, announces the availability of their new 600-page Master Catalog. With a greatly expanded technical section and glossary plus more than 3,000 wire and cable products, this catalog is an unparalleled ...
Salient 3 Communications Declares Liquidating Distribution.
Dec 13, 2002 ... Salient 3 Communications, Inc., (BULLETIN BOARD: STCIA) today announced that its Board of Directors has declared a liquidating distribution of $0.50 per share for both the Class "A" and Class "B" common stock of the Company. The dividend is payable on or about December 30, ...
IRI Comments on Procter & Gamble Decision.
Dec 13, 2002 ... Information Resources, Inc. , a leading provider of consumer behavior insights to the consumer packaged goods (CPG) industry, was informed today that Procter & Gamble will not be renewing its U.S. market measurement business with the Company. The current contract expires in July 2003. ...
Philip Lochner Named to Solutia Board of Directors.
Dec 13, 2002 ... Solutia Inc. has elected Philip R. Lochner, Jr., to its board of directors. Lochner, 59, retired in 1998 as senior vice president and chief administrative officer of Time Warner Inc. He serves on the boards of directors of the American Stock Exchange, Apria Healthcare Group Inc., GTech ...
Boeing Selects Ohio Company as 767 Tanker Supplier.
Dec 13, 2002 ... Boeing has selected Grimes Aerospace Company, a wholly owned subsidiary of Honeywell International Inc., of Urbana, Ohio, as a member of its nationwide team to provide the 767 Tanker Transport to the U.S. Air Force and customers around the globe. As part of this team, ...
IPSCO Expects Profitable Fourth Quarter.
Dec 13, 2002 ... IPSCO Inc. Toronto reported today that it expects operations to be profitable for the fourth quarter and the year in spite of soft markets and after allowing for the cost impact of the new labour contracts. "Several factors will influence our final results," said David Sutherland, IPSCO's ...
Oil-Dri Completes Acquisition Strengthening Its Position as the World's Largest Cat Litter Producer and Expanding Its Ability to Service Customers Worldwide.
Dec 13, 2002 ... Oil-Dri Corporation of America announced today that it has completed the acquisition of certain assets related to the Jonny Cat(R) brand of cat litter from A&M Products, a wholly-owned subsidiary of The Clorox Company . Included in the purchase are trademarks, inventories, extensive ...
Bertram L. Miner Joins Reptron Board Of Directors.
Dec 13, 2002 ... Reptron Electronics, Inc. , a leading electronics manufacturing supply chain services company, announced that Bertram L. Miner has joined its board of directors. Mr. Miner's experience includes practicing law at the firm of Baskin, Sever and Miner and mortgage lending at Percy Wilson and ...
William U. Parfet Resigns From Reptron Board of Directors.
Dec 13, 2002 ... Reptron Electronics, Inc. , a leading electronics manufacturing supply chain services company, announced that William U. Parfet has resigned from its board of directors because of his increasing non-Reptron related obligations. He has been a board member since April 2001. ...
Florida Power and Pinellas Park Agree on New Franchise.
Dec 13, 2002 ... Florida Power and the City of Pinellas Park have agreed to a new 10-year electric utility franchise. Florida Power, which on January 1st will become Progress Energy, has signed new franchise agreements with 46 cities and towns during the past six years, including 10 in 2002. ...
Ashland Inc. Issues 2002 Annual Report.
Dec 13, 2002 ... Ashland Inc. issued its 2002 annual report today to shareholders, financial analysts, employees and community stakeholders. The theme of 'taking action' builds on the company's focus on its customers, renewed emphasis on accountability and performance, and specific efforts to improve ...
Piedmont Natural Gas Reports 2002 Fiscal Year Operating Results.
Dec 13, 2002 ... Piedmont Natural Gas today reported financial results for the fiscal year and for the fourth quarter ended October 31, 2002, subject to completion of its annual audit. For the year, net income decreased 5% from $65.5 million in 2001 to $62.2 million in 2002, primarily due to a ...
Security Associates International Assigned New Trading Symbol.
Dec 13, 2002 ... Security Associates International, Inc. (BULLETIN BOARD: SECA) , one of the largest wholesale security alarm monitoring companies in the United States, announced today that the OTC Bulletin Board has assigned a new trading symbol for the company's common stock. The new symbol is "SECA." ...
Bank of North Carolina Shareholders Approve Formation Of Holding Company BNC Bancorp.
Dec 13, 2002 ... Bank of North Carolina (BULLETIN BOARD: BKNC) headquartered in Thomasville, North Carolina, announced today, December 13, 2002, that the Bank will complete the process of converting to a holding company form effective with the opening of business on December 16, 2002. BNC ...
KeyCorp Fourth Quarter Conference Call.
Dec 13, 2002 ... On Wednesday, January 15, 2003, KeyCorp will hold a conference call/webcast at 10:00 a.m. (EST) to detail 4Q earnings. The press release and conference slides will be posted at 8 a.m. (EST) on January 15, 2003 at http://www.key.com/ir . A live audio presentation will be ...
Progressive Distributes November Underwriting Results.
Dec 13, 2002 ... The Progressive Corporation today reported that for November 2002, the Company produced a GAAP combined ratio of 96.3. Net premiums written increased 30% to $711.2 million for the month, compared to $546.8 million last year. Net premiums earned for the month increased 29% to $762.4 ...
NetSol Is Awarded a Contract to Develop ERP Solution for Advanced Programs Trading Co.
Dec 13, 2002 ... NetSol Technologies, Inc. , a software development company, today announced that its wholly owned subsidiary in Lahore, Pakistan, NetSol Technologies Pvt. Ltd., has signed a contract with Advanced Programs Trading Co. (APTC) of Riyadh, Saudi Arabia, a leading IT consulting and software ...
Hickok Incorporated Reports Fourth Quarter and Fiscal 2002 Operating Results.
Dec 13, 2002 ... Hickok Incorporated , a Cleveland based supplier of products and services for the transportation industry, today reported positive operating results for the fiscal year ended September 30, 2002. The Company recorded net income for the year totaling $244,406 or 20 cents per ...
Bernadine Healy Elected to Board of Directors at Progressive.
Dec 13, 2002 ... The Board of Directors of The Progressive Corporation today elected Bernadine Healy, M.D. to fill the current vacancy on the Company's Board for the term ending on the date of the Annual Meeting of Shareholders in April 2005. Dr. Healy, 58, is the retired president of the American Red ...
P&G Announces Intent to Source Syndicated Marketing Information from ACNielsen.
Dec 13, 2002 ... The Procter & Gamble Company today announced its intent to purchase US market share data from ACNielsen effective July 1, 2003. Financial details were not disclosed. "This decision is a reflection of ACNielsen's commitment to developing a market measurement solution that ...
Patrick Industries, Inc. Announces Fourth Quarter Dividend for 2002.
Dec 13, 2002 ... David D. Lung, President and Chief Executive Officer, has announced that the Board of Directors has authorized a $.04 per common share quarterly cash dividend. The dividend will be paid on January 3, 2003 for shareholders of record on December 13, 2002. David Lung stated that ...
National City Named Top SBA Lender in Indiana for Third Consecutive Year.
Dec 13, 2002 ... Stephen A. Stitle, president, chairman and CEO of National City Bank of Indiana, announced today that National City Bank of Indiana is the leading Small Business Administration lender in Indiana for the SBA fiscal year 2002 with 128 loans totaling $11,575,900 million. This is the third ...
Ferro Declares Regular Quarterly Dividend.
Dec 13, 2002 ... Directors of Ferro Corporation have declared a regular quarterly dividend of 14.5 cents per share of common stock. The dividend is payable March 10, 2003 to shareholders of record on February 15, 2003. Ferro Corporation is a major international producer of performance ...
Chiquita Sells Interest in Midwest Wholesale Distributor to Management Group.
Dec 13, 2002 ... Chiquita Brands International, Inc. today announced the sale of its interest in the Midwest wholesale produce distribution business conducted by the Castellini group of companies to the Castellini management group. The consideration to Chiquita is approximately $45 million, which ...
Superconductive Components, Inc. Reports Death of Founder and Chairman.
Dec 13, 2002 ... Superconductive Components, Inc. (BULLETIN BOARD: SCCI) , a manufacturer of advanced ceramics, optical materials, and high temperature superconductive and non- superconductive products, today reported that Dr. Edward R. Funk, Sc.D., founder and chairman of the Company, died on December 4, ...
Scripps Sells $100 Million of 7-Year Notes.
Dec 13, 2002 ... The E. W. Scripps Company today completed the public offering of $100 million of 4.25% Notes due 2009. The company intends to use the net proceeds of the offering to repay a portion of its outstanding commercial paper obligations. The E.W. Scripps Company is a diverse media ...
FirstCity Financial Announces Extension of Exchange Offer.
Dec 13, 2002 ... FirstCity Financial Corporation today announced that it has extended its exchange offer for New Preferred Stock, which will remain open until 12:00 midnight on Friday, December 13, 2002, unless extended. FirstCity has extended the exchange offer while it continues to negotiate final ...
Chesapeake Energy Corporation Announces Pricing of Public Offering of Common Stock.
Dec 13, 2002 ... Chesapeake Energy Corporation today announced that it has priced a public offering of 20,000,000 shares of its common stock at $7.50 per share. All shares are being sold by Chesapeake. Chesapeake expects the issuance and delivery of the shares to occur on December 18, 2002. ...
Sabre Holdings Provides Financial Projections for 2002 and 2003.
Dec 13, 2002 ... Sabre Holdings Adjusts 2002 Earnings, Before Special Items, to $1.77 to $1.80; Sabre Holdings Forecasts Strong Growth for Online Businesses in 2003; Travelocity Revenue Expected to Grow More Than 40 Percent in 2003; Sabre Holdings 2003 EPS, Excluding Special Items, Projected to Be $1.78 to ...
Vintage Petroleum, Inc. Declares Cash Dividend.
Dec 13, 2002 ... Vintage Petroleum, Inc. today announced its board of directors has authorized a cash dividend of four cents per share. The company said the dividend will be paid January 9, 2003, to stockholders of record on December 30, 2002. Vintage Petroleum, Inc. is an independent energy ...
Kinark Corporation Announces Completion of New Processing Facility.
Dec 13, 2002 ... Kinark Corporation , announced today its North American Galvanizing Company (NAGC) subsidiary has completed construction and begun processing operations in the new state-of-the-art galvanizing and coating facility located in St. Louis, Missouri. Kinark president and chief ...
Systemic Delivery of Introgen's ADVEXIN(R) Demonstrates Safety in Cancer Patients.
Dec 13, 2002 ... Phase 1 Data Presented at International Gene Therapy Conference Introgen Therapeutics, Inc. announced that data obtained from a phase 1 clinical study in patients with advanced cancer provides evidence that systemic, or intravenous, administration of ADVEXIN is safe and well ...
First Investors Announces Agreement to Acquire Interest in Loan Portfolio.
Dec 13, 2002 ... First Investors Financial Services announced that a partnership which includes First Investors and First National Bank of Omaha had reached an agreement to acquire a $200 million portfolio of installment loan receivables from UAFC-2 Corporation, a subsidiary of Union Acceptance ...
Introgen's ADVEXIN(R) Therapy Demonstrates Survival Advantage in Patients With Advanced Cancer.
Dec 13, 2002 ... Cancer Patient Reaches Four-Year Survival Mark After Treatment With ADVEXIN Introgen Therapeutics, Inc. announced results from its phase 2 studies demonstrating that treatment with its ADVEXIN therapy provided a survival advantage to patients with recurrent head and neck ...
LYONDELL-CITGO Refining LP Completes Refinancing.
Dec 13, 2002 ... LYONDELL-CITGO Refining LP (LCR) has completed the refinancing of its credit facilities. A $450 million term bank loan facility and a $70 million working capital revolving credit facility have been put in place with 18-month terms. The facilities, secured by substantially all ...
Frontier Oil Declares Cash Dividend.
Dec 13, 2002 ... The Board of Directors of Frontier Oil Corporation declared a regular quarterly cash dividend on the Company's common stock of $.05 per share ($.20 annualized). The dividend is payable January 13, 2003 to shareholders of record on December 27, 2002. Frontier operates a 110,000 ...
HCC Announces 2003 Earnings Release Dates.
Dec 13, 2002 ... HCC Insurance Holdings, Inc. announced today that the Company's 2003 earnings announcements are expected to be released on the following dates: <Pre>Fourth Quarter 2002 February 20, 2003First Quarter 2003 May 8, 2003Second Quarter 2003 ...
TippingPoint Technologies Reports Fiscal Third Quarter Results.
Dec 13, 2002 ... TippingPoint Technologies, Inc. today announced financial results for the third quarter, ending October 31, 2002, of its current fiscal year. On January 24, 2002, the company adopted a new fiscal year end, ending on January 31, beginning with the fiscal year ending January 31, 2003. The ...
ONEOK Announces Closing on Sale of Midstream Assets.
Dec 13, 2002 ... ONEOK, Inc., announced today that it has closed the sale of certain midstream assets to an affiliate of Mustang Fuel Corporation, a private, independent oil and gas company, headquartered in Oklahoma City. The purchase price was $92.5 million. The agreement to sell the assets was ...
Energy & Engine Technology Corporation Featured in Dallas Business Journal Article.
Dec 13, 2002 ... Energy & Engine Technology Corporation (BULLETIN BOARD: EENT) announced today that it has been featured in an article in the current issue of the Dallas Business Journal. The subject of the article is the Company's AXP 1000 device. According to the article, the AXP Program could ...
Holly Corporation Declares Regular Quarterly Cash Dividend.
Dec 13, 2002 ... Holly Corporation today announced the declaration of a regular quarterly cash dividend in the amount of $.11 per share payable on January 2, 2003 to holders of record on December 23, 2002. Holly Corporation, through its affiliates, Navajo Refining Company and Montana Refining ...
Noble Energy Names Dave Stover as Vice President of Business Development.
Dec 13, 2002 ... Noble Energy, Inc. today announced that David L. Stover has joined the company as Vice President of Business Development. In this position, Mr. Stover will lead the business unit responsible for pursuing new business opportunities as well as managing global acquisition and divestiture ...
Magnum Hunter Board of Directors Announces Senior Officer Promotions.
Dec 13, 2002 ... The Board of Directors of Magnum Hunter Resources, Inc. announced today promotions for two senior executives. Mr. Richard R. Frazier was promoted to Executive Vice President and Chief Operating Officer of Magnum Hunter Resources, Inc. Mr. Frazier will retain his responsibilities and ...
TXU Comments on Moody's Action; Maintains Focus on Core Operations and Further Strengthening of Credit.
Dec 13, 2002 ... TXU noted today the decision by Moody's Investors Service to downgrade credit ratings at TXU Corp. and certain subsidiaries. While TXU is disappointed with the action, the company's subsidiaries maintain solid investment grade ratings. The company has ample liquidity and continues to ...
ABF(R) Selects 2003 Load Team.
Dec 13, 2002 ... ABF Freight System Inc.(R) has selected its 2003 Load Team, consisting of the top freight- handling professionals from across ABF's North American network. ABF(R) Load Team members for 2003, are as follows: <Pre>Donnie Adams, Ellenwood, GeorgiaDavid Bond, Carlisle, ...
Continental Airlines Issues Recommendation in Light of Pending New York City Transport Workers Strike.
Dec 13, 2002 ... Train Service Between Newark Liberty International Airport and Mid-Town Manhattan Is the Fastest and Most Convenient Way to Reach the City Continental Airlines has recommended for customers to utilize the new train service between its New York hub at Newark Liberty ...
GlobalSantaFe Board Approves Cash Dividend.
Dec 13, 2002 ... GlobalSantaFe Corporation today announced that its board of directors has approved a regular quarterly cash dividend of $0.0325 per ordinary share. The dividend is payable on January 15, 2003, to shareholders of record as of the close of business on December 31, 2002. ...