PR Newswire back issues from Monday, December 16:
ChoicePoint(R) Enhances ScreenNow(TM) With New Online Offerings; Site Provides a Complete Applicant Management and Screening Tool.
Dec 16, 2002 ... ChoicePoint has expanded the range of services of ScreenNow, its leading mid-market online background screening tool. ScreenNow is now a complete solution for applicant management and screening needs. ScreenNow, which has completed its first full year of operation, conducted ...
Casual Male Retail Group Looks to Achieve Operational Excellence With Manhattan Associates' SCE Solution.
Dec 16, 2002 ... Consolidated Distribution Center to Fulfill Online, Catalog and Brick & Mortar Orders for More Than 600 Retail Store Locations Manhattan Associates, Inc., , the global leader of extended supply chain execution (x-SCE(TM)) solutions, today announced that Casual Male Retail Group, ...
HEALTHSOUTH Releases 2003 Earnings Guidance.
Dec 16, 2002 ... HEALTHSOUTH Corporation today announced its range of quarterly earnings estimates for the year ending December 31, 2003, and its current estimates of other financial and operating data for 2003, taking into account the expected impact of current Medicare reimbursement policies for ...
Suncorp Selects Certegy Card Services Australia; Certegy to Process Suncorp's Visa(R) Portfolio.
Dec 16, 2002 ... Certegy Inc. and Suncorp-Metway Ltd today announced a long-term contract whereby Certegy will process Suncorp's new Visa card program, which is scheduled to launch in 2003. Certegy, a leading global card processor, will service Suncorp from its state-of-the-art processing center located ...
Verilink Regains Compliance With Nasdaq Listing Requirements; Proposed Reverse Split Abandoned.
Dec 16, 2002 ... Verilink Corporation , a leading supplier of business-to- business broadband access solutions, announced that it has received a Nasdaq Staff Determination Letter stating that the Company has regained compliance with the listing requirements for its common stock on The Nasdaq SmallCap ...
Jameson Inns, Inc. Reports ADR, Occupancy and REVPAR for November 2002.
Dec 16, 2002 ... Jameson Inns, Inc. , a hotel real estate investment trust (REIT), and owner of Jameson Inn and Signature Inn hotels, today announced that revenue per available room ("REVPAR") was $27.00 in November, a $.30 decrease from November 2001. Average daily rate increased 1.2% for the month while ...
Delta Connection Inaugurates Non-Stop Jet Service Between Orlando, Fla., and Huntsville, Ala.
Dec 16, 2002 ... Delta Connection now offers business and leisure travelers the convenience of new non-stop jet service between Orlando, Fla., and Huntsville, Ala. Effective today, Delta Connection carrier Comair is operating two daily round-trip flights between the cities using Bombardier CRJ regional ...
NDCHealth Announces NDC ePREMIS(TM) Next-Generation Hospital Claims Management Solution.
Dec 16, 2002 ... Web-centric System Helps Hospitals Streamline the Reimbursement Cycle And Manage Costs NDCHealth Corporation has announced a new hospital claims management system designed to provide additional capabilities, detailed claims tracking and enhanced claims status reporting, while ...
WestPoint Stevens Submits Business Plan to NYSE.
Dec 16, 2002 ... WestPoint Stevens Inc. (www.westpointstevens.com ) today announced that it has submitted a business plan to the New York Stock Exchange (NYSE) to demonstrate the Company's ability to achieve compliance with market capitalization and stockholders' equity requirements for continued listing ...
WestPoint Stevens Announces Bond Coupon Payment.
Dec 16, 2002 ... WestPoint Stevens Inc. (www.westpointstevens.com ) today announced the Company's borrowing availability, after today's coupon payment of $39 million for its two series of 7-7/8% bonds, is $205 million. Holcombe T. Green, Jr., WestPoint Stevens Chairman and CEO, commented, "We ...
Biofield Clinical Investigators Present Results Showing Correlation Between Results Using Biofield Diagnostic System and Ki-67 Antigen Biopsy Test.
Dec 16, 2002 ... Two Scientific Posters Presented During 25th International San Antonio Breast Cancer Symposium Biofield Corp. (BULLETIN BOARD: BZET) , developer of the Biofield Diagnostic System (BDS), today announced two scientific poster presentations at the 25th International Breast Cancer ...
JDN Realty Corporation Announces Closing Agreement With The Internal Revenue Service.
Dec 16, 2002 ... JDN Realty Corporation ("JDN") today announced that it has entered into a closing agreement with the Internal Revenue Service in connection with its compliance with certain requirements for qualification as a real estate investment trust. Under the terms of the closing agreement, JDN ...
PrimeWest Energy Trust maintains monthly distribution level.
Dec 16, 2002 ... (TSX: PWI.UN; PWX; NYSE: PWI) - PrimeWest Energy Trust (PrimeWest) today announces a cash distribution of 40 cents Canadian per trust unit payable on January 15th, 2003, to all unitholders of record on December 31st, 2002. The ex-distribution date is December 27th, 2002. This ...
Tesco Signs Fifth Casing Drilling(TM) Contract.
Dec 16, 2002 ... Trading Symbols: "TESOF" on NASDAQ "TEO" on TSX Tesco Corporation announces that on December 13, 2002 the Company signed an agreement with Petrobras, the Brazilian National Oil Company, to provide Casing Drilling(TM) services onshore in the North Eastern region of that country ....
ITW Reports 4 Percent Growth in Operating Revenues for Three Months Ended November 30, 2002; Base Business Totals 2 Percent for Three Month Period; Company Maintains Forecast for Income Per Diluted Share in 2002 Fourth Quarter And Full Year.
Dec 16, 2002 ... Illinois Tool Works Inc. today reported an operating revenue increase of 4 percent for the three months ended November 30, 2002. Operating revenues for the three month period consisted of 2 percent growth from base businesses and a 2 percent contribution from currency translation. The ...
Sharpie(R), Popular Designer Frank Bielec Agree 'Tis The Season To Be Silver'.
Dec 16, 2002 ... -New Sharpie Metallic marks on dark surfaces making festive holiday arts and crafts simple, mess free With a ho, ho, ho, Sharpie, the world's most popular family of permanent markers, today announced that it is answering the call for a marker that can be used on dark surfaces -- ...
divine Announces Its Relationship With Movielink, The New Online Movie Rental Service.
Dec 16, 2002 ... Company was an Early Participant in Infrastructure Development and Retains a Role in Quality Assurance divine, inc., , a leading provider of solutions for the extended enterprise, today announced the company's roles in the online movie rental service launched last month by ...
Community First Names New Board Chairman.
Dec 16, 2002 ... The Board of Directors of Community First Bankshares, Inc., today announced that John H. Flittie has been appointed non-executive chairman of the board, effective Jan. 2, 2003. Mr. Flittie succeeds Donald R. Mengedoth as chairman. In addition, Harvey L. Wollman has been named ...
Urban Land Institute Chicago Honors Shopping Mall Pioneer With 2002 Lifetime Achievement Award.
Dec 16, 2002 ... From the humble beginnings as the son of a grocery store owner in Iowa to the pioneer of the modern-day shopping mall and, today, chairman of the country's second largest Real Estate Investment Trust, Matthew Bucksbaum exemplifies the qualities it takes to be a leader in the real estate ...
Brunswick Acquires Northstar Technologies, World Leader In Marine Navigation Electronics.
Dec 16, 2002 ... Brunswick Corporation announced today that it has acquired Northstar Technologies, Inc., a world leader in premium marine navigation electronics. Terms were not disclosed. Northstar offices will remain in Acton, Mass., and it will become a unit of Brunswick New Technologies ...
Ameren Announces 2003 Earnings Guidance.
Dec 16, 2002 ... Updates 2002 Guidance Ameren Corporation today updated its 2002 earnings guidance and announced its expectations for earnings in 2003. The company expects its 2002 ongoing earnings to be in the range of $3.00 to $3.10 per share, within its previous guidance range. For 2003, ...
Grainger Reiterates Guidance for 2002, Provides Outlook for 2003.
Dec 16, 2002 ... Grainger , the leading North American industrial distributor of products used by businesses to maintain, repair, and operate their facilities, today reviewed key business initiatives and provided guidance for 2003. Grainger's Chairman and Chief Executive Officer Richard L. Keyser spoke to ...
Leading Economist Joins Caterpillar Board.
Dec 16, 2002 ... Caterpillar Inc. announced today that Gail D. Fosler, Senior Vice President and Chief Economist of The Conference Board, was named to the Caterpillar Board of Directors, effective January 1, 2003. Fosler directs The Conference Board's worldwide Economics Research Program, which ...
Creative Cracker Earns Sweet Reward for Westfield Resident.
Dec 16, 2002 ... Keebler(R) Harvest Bakery(R) Crackers Announce 'Top It & Win!' Contest Winners The choice of a cracker topping can sometimes impress party guests, but for Deborah Roberts of Westfield, Mass., it meant winning the kitchen of her dreams. Roberts is the grand-prize winner in the ...
Electric City Awarded Energy Retrofit Contract for 6 Morgan Stanley Facilities.
Dec 16, 2002 ... Electric City Corp. announced that it was recently awarded a contract to begin an energy retrofit project for six Morgan Stanley facilities in New York and New Jersey. The project will also include long-term, 24-hour system monitoring of key energy consumption, demand and temperature ...
Methode Declares $0.05 Quarterly Dividend.
Dec 16, 2002 ... The Board of Directors of Methode Electronics, Inc. has declared a quarterly dividend of $0.05 per share to be paid on January 31, 2003, to shareholders of record at the close of business on January 15, 2003. About Methode Electronics Methode Electronics, Inc. is a ...
Elizabeth Moler Promoted to Executive Vice President of Exelon Corporation.
Dec 16, 2002 ... The Exelon Corporation Board of Directors approved the promotion of Elizabeth A. Moler to the position of Executive Vice President, Government and Environmental Affairs, and Public Policy. In addition to providing direction on overall public policy initiatives, Moler is charged with ...
Hanover Capital Mortgage Holdings, Inc. Repurchases Company Stock.
Dec 16, 2002 ... Hanover Capital Mortgage Holdings, Inc. today announced that on December 13, 2002 it repurchased 34,975 shares of its common stock from Thomas P. Kaplan, a Managing Director of the Company. Mr. Kaplan used the proceeds of the repurchase to repay in full a loan that had been extended to ...
ADM Decreases Soybean Crush Rates.
Dec 16, 2002 ... As a result of reduced soybean processing margins in the United States, Archer Daniels Midland Company will decrease soybean crush rates at several locations effective immediately. The decreases will be effected through a combination of plant closures and reduced operating rates. ...
Quotesmith.com Launches New Insurance Order Fulfillment System Ahead Of Schedule; Issues Revised Financial Guidance for 2002; Reaffirms Profit Guidance for 2003.
Dec 16, 2002 ... - Enhancements to usher in new era of speed and simplicity for life and health insurance shoppers - Innovative new technology slashes handling costs, provides embedded scalability for Quotesmith.com - Completion of previously-announced cost-cutting projects to save $2.2 million in annual ...
AAR to Announce Second Quarter 2003 Results on December 19.
Dec 16, 2002 ... AAR today announced that it will release financial results for its second quarter of Fiscal 2003 ended November 30, 2002, before the market opens on Thursday, December 19. At 10:30 a.m. CST, AAR will hold a conference call to discuss the results. The conference call can be ...
eLoyalty Board Approves Cash Dividend for Series B Preferred Stock.
Dec 16, 2002 ... The Board of Directors of eLoyalty Corporation, a leading enterprise CRM services and solutions company , declared a cash dividend of $0.1785 per share on its 7% Series B convertible preferred stock, payable on January 2, 2003 to record holders as of the close of business on December 16, ...
McDonald's and Italian Restaurant Concept 'Fazoli's' Form Joint Venture.
Dec 16, 2002 ... Deal Outlined in April Letter of Intent Now Final McDonald's Corporation and Fazoli's, a fast-casual Italian restaurant concept based in Lexington, Kentucky, have agreed to form a joint venture to develop 20 to 30 Fazoli's restaurants in three U.S. markets. McDonald's will also ...
Acquisition Nets Ferrellgas 57 Retail Outlets and 70,000 Customers.
Dec 16, 2002 ... Ferrellgas announced today that it has acquired the propane operations of ProAm, Inc., the nation's 17th largest retail propane company, for net consideration at closing of $25.6 million and a $10 million deferred seller note. The acquisition brings Kansas City-based Ferrellgas ...
ADM Announces the Formation of Specialty Oils and Fats Group.
Dec 16, 2002 ... Archer Daniels Midland Company is pleased to announce the formation of the ADM Specialty Oils and Fats Group. The ADM Specialty Oils and Fats Group will serve its worldwide customers in the food, pharmaceutical and personal care industries with an extensive product portfolio derived from ...
ADM Announces Construction of New Margarine Facility.
Dec 16, 2002 ... Archer Daniels Midland Company announced today that it will construct a new margarine and interesterification plant in Quincy, Illinois to produce margarine products for institutional and food service customers. The 106,000 square foot facility will be located adjacent to the ...
Garmin to Unveil Award-Winning, GPS-Enabled PDA at 2003 CES.
Dec 16, 2002 ... Garmin International Inc., a unit of Garmin Ltd. , announced today that the company has received a prestigious Consumer Electronics Association Best of Innovations Award for its upcoming iQue 3600 personal digital assistant (PDA) with integrated Global Positioning System (GPS) technology. ...
LSB Bancshares, Inc., Announces Fourth Quarter Dividend.
Dec 16, 2002 ... The directors of LSB Bancshares, Inc., parent company of Lexington State Bank, have declared a fourth quarter dividend of 15 cents per share for shareholders of record January 1, 2003, payable January 15, 2003. The dividend is unchanged from the previous three quarters but ...
CommScope and Bechtel Telecommunications Extend Supply Agreement for Wireless Cable Products.
Dec 16, 2002 ... CommScope, Inc. , a leader in the design and manufacture of high-performance broadband communication cables, has extended its supply agreement with Bechtel Corporation through 2003 to supply Bechtel's Telecommunications unit with Cell Reach(R) wireless products and other telecommunications ...
Preparation, Communication, Hard Work, Keys to Duke Power's Storm Restoration Effort.
Dec 16, 2002 ... Advanced preparation that began in late November, an army of restoration workers and an extraordinary human effort enabled Duke Power to restore service to nearly 1.4 million customers impacted by this month's ice storm faster than the company anticipated. That's the message ...
CP&L Files for Rate Cut.
Dec 16, 2002 ... CP&L has filed with the North Carolina Utilities Commission for a $4.5 million rate reduction for its North Carolina customers in 2003. The rate reduction is a result of cost savings from CP&L's acquisition of Florida Progress, which was completed November 30, 2000. This adjustment ...
IronStone Bank Announces Plans for Expansion into Orange County.
Dec 16, 2002 ... Jay Parker, president of IronStone Bank, today announced that the bank plans to expand into Orange County, Calif., in 2003. The bank is seeking regulatory approval through the Office of Thrift Supervision to open a full-service branch in Newport Beach. The office, in the Dove ...
Churchill Downs Incorporated Announces Transition in Company's Chief Financial Officer Post.
Dec 16, 2002 ... Thomas H. Meeker, president and chief executive officer of Churchill Downs Incorporated ("CDI"), today announced that Robert L. Decker, CDI's executive vice president and chief financial officer and president of the Churchill Downs Simulcast Network ("CDSN"), is leaving the Company to ...
HealtheTech Adopts Stockholder Rights Plan.
Dec 16, 2002 ... HealtheTech, Inc. announced today that its Board of Directors approved the adoption of a Stockholder Rights Plan under which all stockholders of record as of January 7, 2003 will receive rights to purchase shares of a new series of Preferred Stock. The Rights Plan is designed ...
Progress Energy Estimates $50-55 Million in Costs for Ice Storm Restoration.
Dec 16, 2002 ... Progress Energy announced today that initial estimates are that the overall cost of the restoration effort from the December 4-5 ice storm will be in the range of $50 to $55 million. Progress Energy does not anticipate asking for a rate increase to recover the costs and expects up to an ...
Lubrizol Declares Dividend.
Dec 16, 2002 ... At today's meeting of the Board of Directors of The Lubrizol Corporation , Directors declared a regular quarterly dividend of 26 cents per share payable March 10, 2003, to shareholders of record at the close of business on February 10, 2003. The 2002 Annual Meeting of ...
National City CEO Comments on Earnings Outlook.
Dec 16, 2002 ... In an interview with Reuters on December 13, 2002, National City Corporation Chairman and CEO David A. Daberko reaffirmed the company's previous earnings guidance of around $2.58 per share for 2002, representing an increase of approximately 14 percent over 2001. Mr. Daberko also outlined ...
PECO II Donates PTC Software to Four Area Educational Institutions.
Dec 16, 2002 ... PECO II Inc. , a telecommunications power systems and services provider, announced today that it has donated PTC's industry-leading solid modeling design software to four nearby educational institutions: Pioneer Career and Technology Center, Tri-Rivers Career Center, North Central State ...
Simon Property Group Files Preliminary Proxy Materials To Call Special Meeting of Taubman Shareholders.
Dec 16, 2002 ... Meeting Would Give Shareholders Opportunity to Facilitate Consummation of Simon's $18.00 Per Share All-Cash Offer Simon Property Group, Inc. ("SPG") today announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission to enable SPG to ...
Advant-e Corporation Updates Third Quarter 2002 Results, Files Q3 10QSB.
Dec 16, 2002 ... Announces Results of SEC Request for Information Advant-e Corporation (BULLETIN BOARD: AVEEE) , a provider of Internet-based business-to-business electronic commerce solutions, today announced that it has filed its third quarter 10QSB with the Securities and Exchange Commission ...
Charles M. Berger To Retire as Scotts' Chairman.
Dec 16, 2002 ... The Scotts Company , the global leader in the consumer lawn and garden industry, said today that Charles M. Berger will retire as chairman of the board of directors effective January 30, 2003. "My association with Scotts has been personally and professionally fulfilling, both as ...
Cooper Industries Names Grant L. Gawronski as Vice President, Manufacturing Services.
Dec 16, 2002 ... Cooper Industries, Ltd. today announced the appointment of Grant L. Gawronski as vice president, Manufacturing Services. Gawronski, who will report to Kirk Hachigian, executive vice president and chief operating officer, Electrical Products, will be responsible for Cooper's Strategic ...
ACS Wins IT Services Contract Renewal With Allegheny Technologies.
Dec 16, 2002 ... ACS , a premier provider of business process and information technology outsourcing solutions, announced today that it has been awarded a five-year contract renewal with Allegheny Technologies Incorporated. Allegheny Technologies is a diversified producer of specialty materials, including ...
Sabre Airline Solutions Selected to Help Manage More Than 44,000 TSA Personnel To Ensure Smooth Airport Flow for Travelers.
Dec 16, 2002 ... Contract Provides Planning, Rostering, and Real-Time Management of TSA Screeners Sabre Holdings Corporation announced that its Resource Management System has been chosen by the Unisys Corporation to assist in the scheduling of the Transportation Security Administration's ...
Kirby Corporation Announces the Purchase of 94 Inland Tank Barges Previously Leased From Union Carbide Finance Corporation.
Dec 16, 2002 ... Kirby Corporation ("Kirby") announced today that it has purchased from Union Carbide Finance Corporation, a subsidiary of Union Carbide Corporation, 94 inland tank barges for $23 million in cash. Nine of the 94 tank barges are currently out-of- service and will be sold. Kirby has ...
Webcast Alert: Kinder Morgan Announces 2003 Earnings Forecast.
Dec 16, 2002 ... Kinder Morgan, Inc. , Kinder Morgan Energy Partners, L.P. and Kinder Morgan Management, LLC announce the following Webcast: <Pre>What: Kinder Morgan 2003 Earnings Forecast When: December 17, 2002 @ 3:30 PM Central, 4:30 PM Eastern Where:...
Lennox International Declares Dividend; Announces 2003 Annual Meeting Information.
Dec 16, 2002 ... The board of directors of Lennox International Inc. declared a quarterly cash dividend of $0.095 per share of common stock payable on January 3, 2003 to stockholders of record as of December 24, 2002. The company also announced its 2003 Annual Meeting of Stockholders will be ...
Viking Capital Signs Agreement With NY Investment Banker to Seek $200M in US Life Insurance Company Acquisition Funds.
Dec 16, 2002 ... Viking Capital Group, Inc. (BULLETIN BOARD: VGCP) announced today that the Company signed an agreement with NY Investment Banker Hopewell Capital Group, Inc. ("Hopewell") to structure and seek for Viking approximately $200M in funding for US life insurance company acquisition(s). ...
Wal-Mart Files Shelf Registration.
Dec 16, 2002 ... Wal-Mart Stores, Inc. filed with the Securities and Exchange Commission a shelf registration statement to register an additional $10 billion of its debt securities. Proceeds of any debt securities sold will be used to repay short- term borrowings, finance acquisitions, repay long-term ...
Williams' California Agreement Passes State Milestone.
Dec 16, 2002 ... Williams today announced that its settlement with the state of California to resolve outstanding litigation and civil claims and restructure energy contracts passed a significant milestone toward an expected Dec. 31 closing. Williams on Friday received notice that the ...
Chesapeake Energy Corporation Announces Pricing of $150 Million of 7.75% Senior Notes Due 2015.
Dec 16, 2002 ... Chesapeake Energy Corporation today announced that it has priced a private offering of $150 million of senior notes due January 15, 2015, which will carry an interest rate of 7.75%. The senior notes were priced at 99.026% to yield 7.875%. The senior notes being sold by Chesapeake will ...
Waterford Sterling Completes Acquisition of Eternal Technology Group.
Dec 16, 2002 ... Waterford Sterling Corporation (BULLETIN BOARD: WTFD) today announced that the Company's shareholders have approved the acquisition of Eternal Technology Group. The vote was administered at a special meeting of stockholders held on December 12, 2002. The acquisition increases ...
Vintage Petroleum Announces the Sale of Its Interest in Ecuador And Achievement of Debt Reduction Target.
Dec 16, 2002 ... Vintage Petroleum, Inc. today announced that it has signed an agreement to sell its interests in Ecuador to a major independent oil and gas company for $US 141.7 million. In the agreement, Vintage commits to sell for cash all of the stock of its indirect wholly-owned subsidiary, Vintage ...
Stewart Announces Integration With New Generation Loan Prospector Web Site By Freddie Mac.
Dec 16, 2002 ... Stewart Mortgage Information (SMI), a wholly owned subsidiary of Stewart Information Services Corp. , announced that its products and services are available through the new Freddie Mac Web site, http://www.loanprospector.com . Freddie Mac has introduced its next generation of ...
Introgen's MDA-7 Gene Product Activates Immune System and Has Potent Anti-Angiogenic Properties.
Dec 16, 2002 ... Introgen Therapeutics, Inc. announced that the MDA-7 protein, encoded by the tumor suppressor gene employed in INGN 241, has potent anti- angiogenic activity, an important mechanism for inhibiting the growth of tumors. This discovery resulted in the reclassification of mda-7 as ...