PR Newswire back issues from Tuesday, December 17:
AG-NAV TrackerNav Solution Uses EMS Technologies' PDT-100 to Track and Monitor Crop-Duster Aircraft.
Dec 17, 2002 ... EMS Technologies, Inc. announced today that AG-NAV Inc., a major supplier of aerial application control equipment and navigational products, has developed a satellite tracking and monitoring solution for aerial spraying using the EMS PDT-100 Satellite Packet Data Terminal. The TrackerNav ...
Intelligent Enterprise Selects Manhattan Associates as One of the 12 Most Influential IT Solutions Providers.
Dec 17, 2002 ... Company Recognized for Contribution to The Development of Emerging Intelligent Enterprises Manhattan Associates, Inc. , the global leader of extended supply chain execution (x-SCE(TM)) solutions, today announced it was selected by the editors of Intelligent Enterprise Magazine ...
AFLAC U.S. Reaches Unprecedented Level Of New Sales In 2002.
Dec 17, 2002 ... For the first time in AFLAC's 47-year history in the United States, the company's new sales have surpassed $1 billion in a single year, an amount nearly triple what AFLAC U.S. sales were in 1997. (Photo: http://www.newscom.com/cgi-bin/prnh/20010525/AFLACLOGO ) ...
Delta Air Lines to Introduce Nonstop Service Between Atlanta and Vancouver.
Dec 17, 2002 ... Delta Air Lines will introduce nonstop service between Atlanta and Vancouver, British Columbia, next summer, giving customers in the Southeast their only daily nonstop to the largest city in Western Canada. Delta will offer one daily flight on the 183-seat Boeing 757 aircraft ...
Canadian Tire Renews Card Processing Agreement with TSYS; Agreement Extends Current Relationship with TSYS, No. 1 Retail Processor.
Dec 17, 2002 ... Canadian Tire Financial Services, a division of Canadian Tire Corporation, Limited, has again chosen TSYS as the exclusive processor for its cards programs. In a seven-year agreement, TSYS, the largest retail processor, will continue to process Canadian Tire's retail, MasterCard and gift ...
Enerplus Announces Cash Distribution.
Dec 17, 2002 ... TSX: ERF.UN NYSE: ERF Enerplus Resources Fund announces that a cash distribution in the amount of CDN$0.30 (thirty cents) per unit will be payable on January 20, 2003 to all Unitholders of record at the close of business on December 31st, 2002. The ex-distribution date for ...
CP Ships To Withdraw From Asia-Europe Slot Charter.
Dec 17, 2002 ... CP Ships Limited announced today that it has given notice to withdraw from its slot charter agreement with CMA CGM in the Asia-Europe trades effective early March 2003. Under the agreement, two CP Ships brands, Contship Containerlines and Lykes Lines, offer services in the ...
Talisman Sets Record Exploration Budget for 2003.
Dec 17, 2002 ... Talisman Energy Inc. has announced the largest exploration program in the Company's 10-year history. A record $660 million has been approved for exploration projects in 2003, with a total of 214 gross (154.1 net) exploration and appraisal wells planned. In total, Talisman ...
Husky Announces 2003 Capital Expenditures and Production Guidance.
Dec 17, 2002 ... Husky Energy Inc. announced today a capital expenditure program of approximately $1.8 billion for 2003. "Our planned 2003 capital expenditures reflect Husky's focus on long-term projects such as White Rose, exploration and development programs in the South China Sea, and oil ...
Motorola Awarded US $33 Million GSM Cellular Network Expansion Contract By BSNL for South India.
Dec 17, 2002 ... Becomes the Only Vendor in India to Set Up a GSM Network in Every Metro Motorola today announced that Bharat Sanchar Nigam Limited (BSNL) has awarded it an expansion contract for its Global System for Mobile (GSM) Communications network in South India. Under terms of the US $33 ...
Boeing Opens its Photo Archives to Aviation and Aerospace Enthusiasts.
Dec 17, 2002 ... The Boeing Company , in a first-of-a-kind collaboration for the company, has teamed up with Getty Images , the world's leading imagery company, to launch BoeingPhotoStore.com, a web site that offers aviation enthusiasts the ability to view and purchase high-quality contemporary and ...
GATX Corporation Announces Intent to Sell GATX Ventures and Further Curtail New Investment In Specialty Finance Sector.
Dec 17, 2002 ... -- Company to focus on rail, air, and technology leasing units -- Core markets expected to remain challenging -- New management reporting structure implemented GATX Corporation today announced that it intends to sell GATX Ventures, its business unit that specializes in ...
Touch America Selects Tellabs Digital Cross-Connect Equipment for its Network Expansion and Enhancements.
Dec 17, 2002 ... Touch America , a fiber-optic network and broadband products and services company, will use Tellabs' transport and digital cross-connect systems to provide enhanced data services on its fiber-optic network. Touch America will use the Tellabs(R) 6400 transport switch and the Tellabs(R) ...
Varda Goldman Joins PCTEL as Vice President and General Counsel.
Dec 17, 2002 ... PCTEL, Inc. , a leading provider of Internet access products and 802.11 mobility software, announced today that Varda Goldman accepted the position of vice president and general counsel. This is a new position at PCTEL. "We are fortunate to have attracted an attorney with ...
Yellow Corporation Schedules Investment Community Conference Call For January 24, 2003.
Dec 17, 2002 ... A teleconference review of Yellow Corporation fourth quarter 2002 financial results has been scheduled for January 24, 2003, beginning at 9:30 a.m. EDT, 8:30 a.m. CDT. Fourth quarter earnings will be released after the market close on Thursday, January 23. Hosting the ...
R.R. Donnelley Logistics to Open Large, Fully-Automated Distribution Facility In York, PA in Second Quarter, 2003.
Dec 17, 2002 ... R.R. Donnelley Logistics, a leader in print, mail and package distribution, is enhancing its consolidation and distribution network by opening a 670,000 square foot facility in York, PA. The move is part of the company's business strategy to continuously improve service and expand capacity ...
BorgWarner Organizes To Facilitate Collaboration, Leverage Expertise In Powertrain Technology Innovation.
Dec 17, 2002 ... Operations Grouped into Engine and Driveline Segments BorgWarner Inc. announced that it is organizing its business into two major groups, Engine and Driveline. The new structure is expected to provide increased synergies and enhance collaboration to facilitate the company's ...
NeoPharm Provides Update On IL13-PE38 Development Program.
Dec 17, 2002 ... NeoPharm, Inc. today announced that it recently conducted a previously announced meeting via teleconference with the United States Food and Drug Administration (FDA) concerning the Company's proposed Phase II/III pivotal clinical trial design and registration plan for IL13-PE38 in the ...
Metrowerks to Expand Embedded Linux(R) Tools and Solutions Offerings Through Embedix(TM) Asset Acquisition.
Dec 17, 2002 ... Company to Add Embedix(TM) Tools and Technology to Integrated Development Platforms for PDAs, Smart Handheld Devices, Residential Gateways, Digital TVs Building on its strategy of delivering fully integrated development platforms to help customers reach market faster, ...
Leading Enterprises Select Corio to Reduce Costs and Lower Risk of Upgrading Enterprise Applications.
Dec 17, 2002 ... Ingersoll-Rand Leverages Corio's Application Expertise to Upgrade CRM Systems Corio, Inc. , a leading enterprise application service provider, today announced that world class enterprises, such as Ingersoll-Rand GBS and Ingersoll-Rand Energy, CSAA, TheraSense, and Terra Lycos ...
Northeast Cooperatives Membership Approves Proposed Plan of Merger with United Natural Foods.
Dec 17, 2002 ... United Natural Foods, Inc. today announced that the membership of Northeast Cooperatives voted at a special meeting held Sunday, December 15, 2002, in Brattleboro, Vermont to approve the proposed plan of merger with United Natural Foods. Approximately 96 percent of the votes cast at the ...
Waddell & Reed Completes Purchase of Mackenzie Investment Management, Inc.
Dec 17, 2002 ... Waddell & Reed Financial, Inc. completed its acquisition of the business of Mackenzie Investment Management, Inc. ("MIMI") after the market close on December 16, 2002. MIMI, a Florida-based U.S. investment management subsidiary of Toronto-based Mackenzie Financial Corporation ("MFC"), is ...
Johnson Outdoors Inc. Announces New Chief Operating Officer.
Dec 17, 2002 ... Johnson Outdoors Inc. , a world leader in branded outdoor recreation products, today announced that Jerry Perkins has been appointed its new Chief Operating Officer effective January 6, 2003. Perkins succeeds Patrick J. O'Brien, who accepted a position with S. C. Johnson & Son, Inc. as ...
United Announces Opportunity For Select Members To Extend Mileage Plus Elite Qualification Period.
Dec 17, 2002 ... United Airlines today announced that it will extend the Mileage Plus elite qualification period for members who are within 10,000 miles or 10 segments of reaching Premier, Premier Executive or Premier Executive 1K status for a $25 (USD) service charge. "This special offer will ...
McDonald's Fourth Quarter 2002 Update.
Dec 17, 2002 ... McDonald's Corporation announced today sales performance through November 2002. The Company also gave an outlook for fourth quarter 2002 earnings per share and an update on charges it expects for the fourth quarter. On December 5, McDonald's Corporation announced that Jack M. ...
Silgan Containers Receives Hormel's Prestigious 'Spirit Of Excellence' Award For 9th Consecutive Year.
Dec 17, 2002 ... Superior Supplier Service Results in Recognition From Hormel Foods Silgan Containers Corporation, a wholly owned subsidiary of Silgan Holdings Inc. and the largest food can supplier in North America, announces that Hormel Foods has bestowed upon the company the "Spirit of ...
Reliv International Continues Surge in Revenues and Earnings Expects Revenues and Earnings to Exceed Estimates.
Dec 17, 2002 ... - Company Officers Display Confidence, Exercise Options - Reliv International, Inc. , an international manufacturer and network marketer of nutritional supplements and other food technology products, today announced that its revenues and earnings during the fourth quarter of ...
Peabody Coal Company's Indiana Operations Honored for Excellence in Mining Reclamation.
Dec 17, 2002 ... Peabody Coal Company has earned an Indiana Excellence in Mining and Reclamation Award for exemplary restoration of nearly 4,500 acres of fish and wildlife habitat, native grassland, prime farmland and forest in Warrick County. A unique aspect of the reclaimed habitat, which the ...
IDEX Corporation Announces Quarterly Cash Dividend.
Dec 17, 2002 ... IDEX Corporation today announced that its Board of Directors has declared a regular quarterly dividend of 14 cents per common share. The cash dividend will be paid on January 31, 2003, to shareholders of record on January 15, 2003. About IDEX IDEX Corporation is a ...
Northern Trust Announces Changes In Its U.S. Growth Equity Management Teams.
Dec 17, 2002 ... Northern Trust announced today changes in its U.S. growth equity management teams. These changes will affect some of the Northern Funds, Northern Institutional Funds, institutional separately managed accounts, collective funds and related investment capabilities. Northern uses a team ...
Boeing Sweeps Quality Awards With C-17 and Aerospace Support Honors.
Dec 17, 2002 ... The California Council for Excellence has named Boeing the winner of two major quality awards for performance excellence. The Council for Excellence has awarded the Boeing C-17 program the only gold level honor for the Council's 2002 U.S. Senate Productivity Award, for ...
CenterPoint Raises Dividend 5.2% Provides Initial 2003 Earnings Guidance.
Dec 17, 2002 ... CenterPoint Properties Trust announced today that its Board of Trustees voted to raise the annual common stock dividend to $2.43 from $2.31 per share, an increase of 5.2% over 2002. This is the ninth consecutive annual dividend increase since the company's IPO in 1993. At the same ...
Richardson Reports Sales Increased 9.5% Sequentially in the Second Quarter.
Dec 17, 2002 ... Richardson Electronics, Ltd. today reported results for the second quarter of fiscal 2003, which ended November 30, 2002. Revenues in the second quarter of 2003 were $119.0 million, an increase of 9.5% from the previous quarter. Revenues from continuing operations, excluding the ...
Engineered Support Declares Dividend.
Dec 17, 2002 ... Engineered Support Systems, Inc. today declared a dividend of $0.018 (1.8 cents) per common share. This dividend is payable January 31, 2003 to shareholders of record as of the close of business on December 31, 2002, according to Michael F. Shanahan, Sr., Chairman and CEO. ...
AIG SunAmerica and Sun Life Financial Now Available Through Vision(R).
Dec 17, 2002 ... DST Vision Significantly Increases Its Variable Annuity Content Vision(R), the leading Web site for financial advisors, continues to expand its variable annuity content with the addition of AIG SunAmerica and Sun Life Financial/Keyport variable annuities. Through Vision, ...
Bank One To Report 2002 Fourth Quarter Earnings and Host Conference Call On January 16.
Dec 17, 2002 ... Bank One Corporation will release its fourth quarter 2002 earnings results on Thursday, January 16, 2003. The earnings release will be available at approximately 8 a.m. (Eastern) on the Internet at www.bankone.com . Chairman and CEO Jamie Dimon and Chief Financial Officer ...
CLARCOR Declares Regular Quarterly Dividend.
Dec 17, 2002 ... The CLARCOR Inc. Board of Directors at the December 16, 2002 board meeting declared a regular quarterly dividend of $0.1225 per share. The dividend is payable January 31, 2003 to shareholders of record January 17, 2003. CLARCOR expects to hold a conference call to discuss its ...
Focal Communications Corporation Announces Move to NASD's OTC Bulletin Board.
Dec 17, 2002 ... Focal Communications Corporation today announced that the Company has received approval from the National Association of Securities Dealers (NASD) to begin trading its common stock on the Over-the-Counter Bulletin Board (OTCBB) on Wednesday, December 18, 2002, under the symbol (BULLETIN ...
Sonic to Broadcast Its First Quarter 2003 Conference Call Live on the Internet.
Dec 17, 2002 ... Sonic Corp. today announced that it will provide an online Web simulcast of its first quarter fiscal 2003 earnings release conference call on Tuesday, January 7, 2003. During this call, management will comment on Sonic's financial and operational results for the first quarter ended ...
Cree Microwave and Hitachi Kokusai Extend Development Agreement.
Dec 17, 2002 ... Cree Microwave, Inc., a subsidiary of Cree, Inc. , and a leader in manufacturing high- power, high-performance laterally diffused metal-oxide silicon (LDMOS) RF power semiconductors for the wireless industry, today announced that Hitachi Kokusai has agreed to an extension of the ...
BB&T Ranked Nation's No. 2 Small Business-Friendly Bank.
Dec 17, 2002 ... For the fifth year in a row, BB&T Corporation is one of the top two "small business- friendly" financial holding companies in the country, according to the U.S. Small Business Administration. BB&T was ranked No. 2 in the SBA's recently released Bank Holding Company Study for ...
Sonic Automotive, Inc. Revises Earnings Targets.
Dec 17, 2002 ... Sonic Automotive, Inc. , a Fortune 300 company, today announced it is revising its fourth quarter 2002 earnings targets from $0.62 - $0.66 per share to $0.48 - $0.52 per share and its full year 2002 earnings targets to $2.44 - $2.48 per share. Full year 2003 earnings targets are revised to ...
Holiday Procrastinators Rush to Finish Their Lists.
Dec 17, 2002 ... History Expected to Repeat Itself for 2002 Holiday Home Improvement Gift Buying The days leading up to Christmas race by, and according to the International Mass Retail Association, less than 20 percent of consumers have finished their shopping. Research shows more than 53 ...
Peoples BancTrust Announces Retirement of Richard P. Morthland.
Dec 17, 2002 ... Ted M. Henry Named Chairman of the Board; Elam P. Holley, Jr. Named Chief Executive Officer The Peoples BancTrust Company today announced that Richard P. Morthland, Chairman and Chief Executive Officer of the Company and its subsidiary, The Peoples Bank and Trust Company, will ...
Kirkland's Comments on Fourth Quarter Trends.
Dec 17, 2002 ... Kirkland's, Inc. today reported on sales trends for the first six weeks of its fourth quarter ending February 1, 2003. The Company made the announcement in conjunction with the filing of its Form 10-Q for the third quarter ended November 2, 2002. Robert E. Alderson, Kirkland's ...
Voridian Announces Business Director, Polyester Products, North America.
Dec 17, 2002 ... Voridian, a division of Eastman Chemical Company , today announced the appointment of Hans P. Kinner as business director of polyester products, North America, effective Jan. 1, 2003. He succeeds Thomas J. Stevens, who is now director, global polyester strategy. (Photo: ...
BB&T Corporation Declares Dividend.
Dec 17, 2002 ... The board of directors of BB&T Corporation today declared the 2003 first quarter dividend of $0.29 per share, an 11.5 percent increase over the $0.26 paid in the first quarter of 2002. The dividend will be paid Feb. 3 to shareholders of record as of Jan. 17. The ...
First Bancorp Announces Dividend.
Dec 17, 2002 ... The Board of Directors of First Bancorp has declared a cash dividend of 23 cents per share payable January 24, 2003 to shareholders of record as of December 31, 2002. The current dividend rate is an increase of 4.5% over the dividend rate paid in the same period of 2001. First ...
McRae Industries Reports Earnings for First Quarter of Fiscal 2003.
Dec 17, 2002 ... McRae Industries, Inc. (Amex: MRIA; MRIB) reported consolidated net revenues for the first quarter of fiscal 2003 of $19,539,000, an increase of 33% over consolidated net revenues of $14,553,000 reported for the first quarter of fiscal 2002. Consolidated net earnings for the first quarter ...
Central Bank of Tampa Shareholders Approve Acquisition By The South Financial Group.
Dec 17, 2002 ... The South Financial Group, Inc. (http://www.thesouthgroup.com) announced that the Central Bank of Tampa shareholders approved the acquisition of Central Bank of Tampa by The South Financial Group. The acquisition, which will involve the merger of Central Bank of Tampa into Mercantile ...
TechTronic Industries To Acquire Royal Appliance Mfg. Co.
Dec 17, 2002 ... TechTronic Industries Company Limited ("TTI"), (HK: 669 U.S.ADR TTNDY) and Royal Appliance Mfg. Co. , today announced that they have entered into a definitive agreement ("agreement") for the acquisition by TTI of Royal Appliance, an innovative floor care company whose Dirt Devil(R) brand ...
First Defiance Financial Corp. Announces 15.4% Increase in Quarterly Dividend.
Dec 17, 2002 ... First Defiance Financial Corp. announced today that its Board of Directors has increased its quarterly cash dividend to $0.15 per common share payable January 24, 2003 to stockholders of record at the close of business on January 10, 2003. The per share dividend is an increase ...
Peoples Bancorp Inc. Announces Sale of 1,440,000 Common Shares.
Dec 17, 2002 ... Peoples Bancorp Inc. announced the sale of 1,440,000 common shares at an offering price of $24.00 per share through a firm commitment underwritten offering managed by Sandler O'Neill & Partners, L.P. Peoples Bancorp Inc. has granted the underwriters an option exercisable within 30 days to ...
Owens Corning's Common Stock to Begin Trading on the Over-The-Counter Bulletin Board.
Dec 17, 2002 ... Owens Corning announced today that it expects its shares to begin trading on the Over-The-Counter (OTC) Bulletin Board as of Thursday, December 19, 2002. Owens Corning shares will trade under a new trading symbol yet to be assigned. The OTC Bulletin Board (OTCBB) is a regulated ...
Mason R. Goodman, M.D. Appointed President of U.S. Health Services.
Dec 17, 2002 ... Standard Management Corporation announced today the appointment of Mason R. Goodman, M.D., as president of U.S. Health Services Corporation, a wholly owned division of Standard Management Corporation. (Photo: http://www.newscom.com/cgi-bin/prnh/20010416/STANDARDLOGO ) ...
AEP Subsidiary Files Divestiture Plan with PUCT Proposing Sale of Generating Plants in South Texas.
Dec 17, 2002 ... Central Power and Light (CPL), a subsidiary of American Electric Power , filed a plan of divestiture today with the Public Utility Commission of Texas (PUCT) proposing to sell all of its power generation assets. CPL is selling these assets to accurately determine its level of stranded ...
Scripps TV Stations Make 2,192 Minutes of Airtime Available to Political Candidates.
Dec 17, 2002 ... 241 candidates nationwide take advantage of Democracy 2002 project The E. W. Scripps Company's broadcast television station group made 2,192 minutes of free airtime available to 241 candidates for local, state and federal offices during the recently completed mid-term election ...
Fifth Third Delivers Fourth Quarter 2002 Dividend.
Dec 17, 2002 ... Fifth Third Bancorp is pleased to announce that its Board of Directors today declared its quarterly cash dividend of $.26 per share, an increase of 13% over the $.23 per share declared in December 2001. The cash dividend is payable on January 15, 2003 to shareholders of record as of ...
Associated Estates Realty Corporation Declares Common Share Dividend.
Dec 17, 2002 ... Associated Estates Realty Corporation announced today that a quarterly dividend of $0.17 per share has been declared on the Company's common shares, payable on February 1, 2003 to shareholders of record on January 15, 2003. The dividend reflects an adjustment from the current ...
Huntington Bancshares To Announce 2002 Fourth Quarter and Full Year Earnings and Hold Earnings Conference Call January 16, 2003.
Dec 17, 2002 ... Huntington Bancshares Incorporated expects to report its fourth quarter earnings on Thursday, January 16, 2003 prior to the market opening. A news release and supporting financial data will be available at that time on the company's website at www.huntington-ir.com . ...
The Andersons, Inc. Announces Increased Cash Dividend.
Dec 17, 2002 ... The Andersons, Inc. today announced a cash dividend of 7 cents per share, payable January 22, 2003, to shareholders of record on January 2, 2003. This dividend represents an 8% increase over the quarterly dividends paid in 2002. This is The Andersons' 25th consecutive ...
National Bancshares Declares Fourth Quarter Dividend.
Dec 17, 2002 ... The Board of Directors of National Bancshares Corporation declared a quarterly cash dividend of $ .14 per share for the fourth quarter of 2002. This dividend is payable on January 17, 2003 to shareholders of record as of December 31, 2002. National Bancshares Corporation, a ...
PolyOne Reduces Earnings Outlook for Fourth-Quarter 2002.
Dec 17, 2002 ... * North American demand deteriorates more rapidly than anticipated * Company outlines steps to realign and reduce costs * Substantial debt reduction targeted * Conference call set for 10 a.m. December 18 PolyOne Corporation , a leading global polymer services company, announced ...
Webcast Alert: Robbins & Myers, Inc. Announces First Quarter Conference Call Webcast.
Dec 17, 2002 ... Robbins & Myers, Inc. announces the following Webcast: <Pre> What: Robbins & Myers First Quarter Conference Call WebcastWhen: Thursday, Dec. 19, 2002, at 11:00 a.m. EasternWhere:http://www.robbinsmyers.com or ...
Seven Seas Provides Update.
Dec 17, 2002 ... Seven Seas Petroleum Inc. announced that the Company is in default under its 12 1/2% $110 Million Senior Subordinated Notes ("Senior Notes") due to a failure to make the $6,875,000 semiannual interest payment on November 15, 2002. The full principal plus accrued and unpaid interest will ...