PR Newswire back issues from Thursday, December 19:
BellSouth is First Regional Bell to Gain Approval to Offer Long-Distance In 100% of Its Territory.
Dec 19, 2002 ... FCC Approval of Florida & Tennessee Means All Nine BellSouth States Now Approved to Offer Long-Distance As a result of a 4-0 vote today by the Federal Communications Commission, BellSouth has become the first regional Bell to have all of its states approved to offer ...
Family Dollar Reports Record Sales and Earnings For First Quarter Ended November 30, 2002.
Dec 19, 2002 ... Family Dollar Stores, Inc. , a discount store chain operating 4,693 stores in 41 states, reported the highest first quarter sales and earnings in the Company's history. For the first quarter ended November 30, 2002, sales were $1,108.6 million, or 13.5% above sales of $977.1 million for ...
Colony Bankcorp, Inc. Raises $5,000,000 in Pooled Offering of Floating Rate Trust Preferred Securities.
Dec 19, 2002 ... Colony Bankcorp, Inc. announced the completion of a $5,000,000 private placement of floating rate trust preferred securities ("Capital Securities") through its wholly-owned subsidiary, Colony Bankcorp Statutory Trust II. The Capital Securities mature in 30 years and bear ...
The Home Depot Grows to 1,500 Stores.
Dec 19, 2002 ... The Home Depot today opened its 1,500th store, located in Abilene, Texas, and reaffirmed it is on target to add 200 locations and create 40,000 new jobs by the end of its fiscal year. <Pre> (Photo: http://www.newscom.com/cgi-bin/prnh/20021219/ATTH009-a...
Acuity Brands Declares Quarterly Dividend.
Dec 19, 2002 ... The Board of Directors of Acuity Brands, Inc. today declared a quarterly dividend of 15 cents per share (an annualized rate of 60 cents per share). The dividend is payable on February 3, 2003 to shareholders of record on January 15, 2003. Excerpts from the company's annual ...
Delta Air Lines Offers Real-Time Flight Information to Customers in Tampa; Innovative Screen Technology Keeps Customers Informed at the Gate.
Dec 19, 2002 ... Delta Air Lines has added new Gate Information Display Screens (GIDS) at Tampa International Airport in Florida to help customers stay informed. The information screens, the most advanced in the industry, provide customers with real-time, flight- specific information at every gate in ...
Atlantic Southeast Airlines Reaches Eight-Million Mark in Annual Passenger Boardings.
Dec 19, 2002 ... Bristol, Kingsport and Johnson City, Tenn. Passengers Honored in Celebration Delta Connection carrier Atlantic Southeast Airlines honored its eight-millionth customer of 2002 in ceremonies today at Tri-Cities Regional Airport in Tennessee. Lowry Hobbs of Bristol, Va., ...
Delta Air Lines Offers Real-Time Flight Information To Customers in San Francisco.
Dec 19, 2002 ... Innovative Screen Technology Keeps Customers Informed at the Gate Delta Air Lines has added new Gate Information Display Screens (GIDS) at San Francisco International Airport in California to help customers stay informed. The information screens, the most advanced in the ...
Delta Connection Offers Weekend Jet Service to Atlantic City From Boston And Washington, D.C.
Dec 19, 2002 ... Delta Connection will offer customers weekend round-trip jet service between Atlantic City and Boston's Logan International Airport and between Atlantic City and Reagan National Airport in Washington, D.C., effective Jan. 31, 2003. Delta Connection carrier Comair will operate the flights ...
WEGENER Reports Results For First Quarter Of Fiscal 2003.
Dec 19, 2002 ... WEGENER Corporation a leading provider of satellite transmission solutions for broadcast and cable television networks worldwide, today announced financial results for the first quarter of fiscal year 2003. First quarter 2003 revenues were $3.9 million, resulting in net a loss ...
Delta Connection Increases Regional Jet Service At Golden Triangle Regional Airport.
Dec 19, 2002 ... Delta Connection will offer customers the comfort and convenience of additional daily nonstop Bombardier CRJ regional jet service between Atlanta and Golden Triangle Regional Airport, serving Columbus, Starkville and West Point, Miss., beginning Feb. 15, 2003. The new flight, to be ...
Delta Connection Goes All Jet at Charleston, W. Va.
Dec 19, 2002 ... Delta Connection will offer Charleston passengers the comfort and convenience of all-jet service between Charleston, W. Va., and Atlanta with two daily nonstop, round-trip flights beginning Feb. 15, 2003. The new flights, to be operated by Delta Connection carrier Atlantic Southeast ...
Delta Connection to Add Regional Jets at Roanoke, Va.
Dec 19, 2002 ... Delta Connection will offer Roanoke passengers additional nonstop regional jet service to Atlanta with two daily round-trip flights beginning Feb. 15, 2003. Delta Connection also will add one daily flight aboard the 66-passenger ATR-72 aircraft beginning Jan. 31, 2003. The new flights, ...
Gables Announces Financial Outlook.
Dec 19, 2002 ... Gables Residential (the "Company") today announced that it expects fourth quarter funds from operations ("FFO") to exceed First Call consensus estimates by $0.03 to $0.04 per diluted share. The Company indicated consensus estimates are at the low end of its previous guidance of $0.63 to ...
Interland to Acquire Web Hosting Firm Hostcentric; Transaction Expected to Result in $4 Million in Annual Recurring Cash Flows.
Dec 19, 2002 ... Interland, Inc. , the leading provider of business-class Web hosting services to small and medium businesses, today announced the acquisition of Hostcentric for $25.8 million in cash and stock. In return for all the outstanding shares of the company, Hostcentric shareholders will receive ...
SNB Bancshares, Inc. Raises $18,000,000 in Offering of Floating Rate Trust Preferred Securities.
Dec 19, 2002 ... SNB Bancshares, Inc. , announced the completion of an $18,000,000 private placement of floating rate trust preferred securities ("Capital Securities") through its wholly-owned subsidiary, Security Bank Corporation Statutory Trust I. The Capital Securities mature in 30 years and ...
Flowers Foods Lowers Fourth Quarter Earnings Guidance; Announces Stock Repurchase Plan.
Dec 19, 2002 ... Flowers Foods said today that its fresh baked foods group, Flowers Bakeries, is expected to deliver slightly above-plan results for the fourth quarter, which ends December 28, 2002. Flowers Snack, the company's baked snack group, is expected to be on plan and Mrs. Smith's Bakeries, the ...
Interland Reports First-Quarter 2003 Results; Integration Efforts Solidly On Track.
Dec 19, 2002 ... Interland, Inc. , a leading provider of business-class Web hosting services to small and medium businesses, today announced financial results for its first fiscal quarter, ended November 30, 2002. The company reported revenues of $27.3 million for the quarter, an increase of 14 percent ...
Oxford Industries Announces Second Quarter Financial Results.
Dec 19, 2002 ... Oxford Industries, Inc. announced today financial results for the second quarter and six months ended November 29, 2002. For the second quarter, net sales increased 18.5% to $185.4 million from $156.5 million last year. Net earnings increased to $4.3 million from $0.5 million last year ....
Cleghorn Joins Hometown Bank of Villa Rica as President and CEO.
Dec 19, 2002 ... Richard Hunt, President and CEO of GB&T Bancshares, Inc. , headquartered in Gainesville, is pleased to announce that S. Pope Cleghorn, Jr. recently joined HomeTown Bank of Villa Rica as President and CEO. GB&T is the parent company of HomeTown Bank, having completed the merger on Nov. 30, ...
Home Director Becomes Public Company.
Dec 19, 2002 ... Netword, Inc. Takes on Home Director Name and Business and Issues Majority Of Stock to Former Home Director Stockholders Netword, Inc. (BULLETIN BOARD: NTWD) , whose stock is quoted on the Nasdaq over-the-counter bulletin board, today completed transactions by which it will ...
Clifton Mining Signs Precious Metals Joint Venture Agreement.
Dec 19, 2002 ... Clifton Mining Company has just signed a multi-year, multi-million dollar option and joint venture agreement with Dumont Nickel Inc. (DNI:TSX-V) to explore and develop it's Utah precious metals projects. Initially, the focus of the joint venture will be to explore and exploit the ...
Pengrowth Energy Trust Announces Cash Distribution for January 15, 2003 and Updates Commodity Price Hedging Program.
Dec 19, 2002 ... Stock Symbol: PGF.UN, TSX; PGH, NYSE Pengrowth Corporation ("Pengrowth"), administrator of Pengrowth Energy Trust, announced today that the cash distribution payable January 15, 2003 will be Cdn$0.20 per trust unit following the implementation of the previously announced ...
Nanophase Technologies Announces Order.
Dec 19, 2002 ... Nanophase Technologies Corporation , a leader in nanomaterials and nanoengineered product solutions, announced that it had received an annual order for 2003 from its leading customer for sunscreen and personal care nanomaterials. The Company anticipates revenues in excess of $3 million ...
World Wildlife Fund and Bank One Renew Partnership.
Dec 19, 2002 ... World Wildlife Fund (WWF), the largest privately supported international conservation organization in the world, and Bank One have renewed their long-standing credit card partnership. The WWF credit card program has raised over $7.5 million for WWF programs since its inception ...
COMFORCE Announces Purchase by CEO of $10.7 Million Principle Amount Of Payment-In-Kind Debentures.
Dec 19, 2002 ... COMFORCE Corporation a leading provider of high-tech professional staffing, consulting and outsourcing services, today announced that John Fanning, Chairman and Chief Executive Officer of COMFORCE recently purchased $10.7 million principle amount of the 15% Senior Secured PIK Debentures ...
Tellabs Adopts New Distribution System To Heighten Customer Service, Lower Costs.
Dec 19, 2002 ... Company Taps FedEx Supply Chain Services to Optimize Logistics Management In a move that will strengthen customer service and lower its transportation costs, Tellabs is working with FedEx Supply Chain Services (FSCS), a subsidiary of FedEx Corporation , for logistics support ...
Panera Bread Reports System-Wide Comparable Bakery-Cafe Sales Increased 4.9% For the Four Weeks Ended November 30, 2002.
Dec 19, 2002 ... Panera Bread Company today reported that system-wide comparable bakery-cafe sales (excluding the one specialty bakery-cafe and closed locations) increased 4.9% for the four weeks ended November 30, 2002 and 5.5% for the eight weeks ended November 30, 2002. The breakdown between company- ...
ROHN Announces Majority Stockholder's Consent to Sale of Assets to Platinum Equity Upon Satisfaction of Various Conditions.
Dec 19, 2002 ... ROHN Industries , a provider of infrastructure equipment for the telecommunications industry, announced today that its majority stockholder, the UNR Asbestos-Disease Claims Trust, has executed a written consent to the previously announced sale of substantially all of the Company's assets ...
Camoplast to Acquire Caterpillar's Rubber-Belted Track Component Business.
Dec 19, 2002 ... Caterpillar Inc. and Camoplast, of Sherbrooke, Quebec, Canada, have announced that Camoplast will acquire Caterpillar's rubber-belted track component business and will supply these components to Caterpillar for use in its Mobil-trac(TM) systems. Caterpillar designs and ...
Argosy Gaming Company Announces Earnings Update for the Fourth Quarter.
Dec 19, 2002 ... Argosy Gaming Company today announced that it does not expect to meet earnings per share guidance in the mid-sixty-cent range for the quarter ending December 31, 2002 based on most recent operating results. Earnings in October and November for the company's properties correlated with EPS ...
Household Completes Nationwide Settlement With Attorneys General and Regulatory Agencies.
Dec 19, 2002 ... Household International announced today that its previously announced nationwide agreement with a multi-state group of state attorneys general and regulatory agencies has taken effect. As of today, consent decrees have been entered in 41 states, including the District of ...
A.G. Edwards, Inc. Announces Results For The Third Quarter And First Nine Months;.
Dec 19, 2002 ... Announces Stock Repurchase Authorization Of Up To 10 Million Shares A.G. Edwards, Inc. today announced results for the third quarter and the first nine months of fiscal 2003, which ended November 30, 2002. A.G. Edwards, Inc. also announced that its Board of Directors authorized ...
Archer Daniels Midland Company Subsidiary to Acquire United Kingdom Flour Mills.
Dec 19, 2002 ... ADM Milling Limited, a wholly-owned subsidiary of Archer Daniels Midland Company ("ADM"), has, subject to U.K. regulatory approval, agreed to acquire six flour mills in the U.K. from Associated British Foods plc. The mills, located in Castleford, Corby, Edinburgh, Knottingley, Liverpool ...
H&R Block Names New U.S. Tax Services And Corporate Human Resources Leaders.
Dec 19, 2002 ... Additions Further Strengthen Management Team H&R Block Inc. today announced that Nana Mensah was named president of H&R Block Tax Services Inc., the subsidiary responsible for the company's U.S. tax operations, beginning Jan. 6, 2003. In addition, Tammy S. Serati has become ...
Electric City Closes $1 Million Private Placement with Munder Power Plus Fund.
Dec 19, 2002 ... Electric City Corp. , announced today that it recently closed on a $1 million private placement with the Munder Power Plus Fund. The Munder Power Plus Fund is a member of the Munder family of funds. Munder has $29.8 billion under management. As part of the placement, Munder purchased ...
Peabody Named Among Nation's Top 500 Technology Innovators; Company Also Earns Web Marketing Excellence Award.
Dec 19, 2002 ... Using web-based technology to enhance communication, augment customer service and reduce costs has earned Peabody Energy a seat among the nation's top 500 innovative users of information technology as well as a Standard of Excellence WebAward for http://www.peabodyenergy.com/ . ...
CFS Bancorp, Inc. Announces Declaration of Cash Dividend.
Dec 19, 2002 ... CFS Bancorp, Inc. announced today that its Board of Directors declared a quarterly cash dividend on December 16, 2002 of $0.10 (ten cents) per share on the common stock of the Company. The dividend will be paid on January 31, 2003 to the stockholders of record at the close of business on ...
Focal Communications Corporation Announces Reorganization Plan and Agreement with Senior Bank Lenders.
Dec 19, 2002 ... Focal Communications Corporation (BULLETIN BOARD: FCOM) , a leading national communications provider of local phone and data services, announced today that it has reached agreement with its senior bank lenders and senior secured convertible noteholders as part of an overall reorganization ...
Boston Properties Declares Quarterly Dividend.
Dec 19, 2002 ... Boston Properties, Inc. , a real estate investment trust, declares a dividend today of $0.61 per share of common stock for the period October 1, 2002 to December 31, 2002, payable on January 29, 2003 to shareholders of record on December 30, 2002. Boston Properties has ...
Statement from Motorola Broadband Regarding Today's DTV Transition Agreement.
Dec 19, 2002 ... Motorola, Inc. Broadband Communications Sector issued the following statement from president and CEO, Dan Moloney, in support of today's digital television (DTV) transition agreement by representatives of major cable and consumer electronics companies. "Consumer interest and ...
RLI Dividend Announced.
Dec 19, 2002 ... RLI Corp. -- The RLI Corp. board of directors declared a fourth quarter cash dividend of $.09 per share for shareholders of record as of December 31, 2002, payable January 15, 2003. This payment, the company's 106th consecutive paid dividend, brings the cumulative return to RLI ...
General Growth Properties, Inc. Announces $276 Million of Joint Venture Acquisitions.
Dec 19, 2002 ... General Growth Properties, Inc. today announced three additions to existing 50/50 joint ventures. The acquisitions include Florence Mall, in Florence, Kentucky; the other 50% interest in The Woodlands Mall, in The Woodlands (Houston), Texas; and First Colony Mall in Sugar Land (Houston), ...
GSE Systems Announces the Release of FlexBatch(R) 4.0 Recipe and Process Management Software for Chemical, Pharmaceutical, and Food and Beverage Industries.
Dec 19, 2002 ... Product Developers, Engineers, and Production Staff Can Produce Recipes in A Fraction of the Time with FlexBatch GSE Systems, Inc. , a leading provider of real-time simulation and process control solutions for the energy and process industries, announced today the release of its ...
Air Force Applauds MTC for ROBE Demo Success.
Dec 19, 2002 ... MTC Technologies, Inc. , announced that its wholly owned subsidiary Modern Technologies Corp. (MTC), with team members ARINC Engineering Services, LLC (ARINC) and Northrop Grumman Information Technology (NGIT), were cited recently for exceeding U.S. Air Force requirements during an ...
Hanover Capital Mortgage Holdings, Inc. Announces Fourth Quarter 2002 Dividend.
Dec 19, 2002 ... Hanover Capital Mortgage Holdings, Inc. today announced that the Board of Directors declared a dividend of $0.25 per share on December 19, 2002 for the quarter ending December 31, 2002 to be paid on January 14, 2003 to stockholders of record as of December 31, 2002. Total 2002 dividends ...
Wintrust Financial Corporation Announces Plans to Acquire Lake Forest Capital Management.
Dec 19, 2002 ... Wintrust Financial Corporation (Wintrust) announced the signing of a merger agreement to acquire Lake Forest Capital Management Company based in Lake Forest, Illinois. Lake Forest Capital Management is a 21-year old well-respected asset manager for both high net worth ...
Motorola SURFboard(R) SB5100 Cable Modem Makes History, Receiving DOCSIS(TM) 2.0 and DOCSIS 1.1 Certifications in Cert Wave 24.
Dec 19, 2002 ... Two additional CableLabs(R) Certifications(TM) bring Motorola's total to a landmark 37 Motorola, Inc. Broadband Communications Sector announced that its new Motorola SURFboard(R) SB5100 cable received DOCSIS(TM) 2.0 certification, as well as DOCSIS 1.1 certification, in ...
Aftermarket Technology Corp. Renews Contract With AT&T Wireless Services and Issues 2003 Guidance.
Dec 19, 2002 ... Aftermarket Technology Corp. , today announced that it has reached agreement to extend its contract with AT&T Wireless Services. Under the terms of the one-year contract, ATC will continue to provide fulfillment and reverse logistics services for cellular telephones, accessories and ...
Peabody Energy (NYSE: BTU) Exchanges Coal Reserves for Cash and Ownership In Penn Virginia Resource Partners (NYSE: PVR).
Dec 19, 2002 ... Peabody Energy announced today that it has formed an alliance with Penn Virginia Resource Partners, L.P. , whereby Peabody is contributing coal reserves in exchange for $72.5 million in cash and 2.76 million units (15 percent) of the PVR master limited partnership. Peabody's ...
Taylor Capital Group Board Appoints New Director and Declares Dividends.
Dec 19, 2002 ... Taylor Capital Group, Inc. announced today that Lewis M. Collens, President of Illinois Institute of Technology, has joined its Board of Directors and been appointed to its Audit and Examining Committee. Mr. Collens also serves on the Boards of AMSTED Industries Incorporated, ...
AVAX Technologies Announces Further Staff Reductions.
Dec 19, 2002 ... AVAX Technologies, Inc. announced today that both David L. Tousley, the Company's President and Chief Operating Officer and a member of the Board of Directors and Warren B. Dudley, the Company's Chief Business Officer have terminated their employment with the Company in an effort to ...
Summit Properties Announces Operating Outlook, Intention to Exit Texas And Increase Presence in Washington, DC and Southeast Florida; Declares Fourth Quarter Dividend.
Dec 19, 2002 ... Summit Properties Inc. announced today its operating outlook for fourth quarter and full year 2002, as well as full year 2003. This outlook is based on an expected continuation of the current challenging economic conditions and apartment fundamentals through 2003. "A 'Perfect ...
Quality Dining Reports Fourth Quarter and Year-End Results.
Dec 19, 2002 ... Quality Dining, Inc. today announced total revenues of $57.1 million for the fourth quarter of fiscal 2002 versus $54.2 million during the same period in fiscal 2001. For the fiscal year ended October 27, 2002, the Company reported total revenues of $259.3 million versus $226.8 million ...
Recently Reported ALLHAT Trial Does Not Address Benefits of Altace; Altace Benefits Proven in Landmark HOPE Trial.
Dec 19, 2002 ... King Pharmaceuticals, Inc. explained today that King's patented angiotensin converting enzyme ("ACE") inhibitor, Altace(R) (ramipril), was not included in the recently reported Antihypertensive and Lipid-Lowering Treatment to Prevent Heart Attack Trial ("ALLHAT"), but was the subject of ...
Reeds Jewelers Announces Third Quarter Sales and Earnings.
Dec 19, 2002 ... Reeds Jewelers, Inc. today announced net sales and earnings for the third fiscal quarter ended November 30, 2002. Comparable store sales increased 5.2% for the quarter ended November 30, 2002 compared to the same quarter of the prior year. Comparable store sales increased 3.1% ...
BB&T Ranks Second Among Banks in Money Magazine Survey Of Employee Benefits.
Dec 19, 2002 ... BB&T Corporation (NSYE: BBT) is ranked No. 29 overall in Money magazine's "Corporate America's Best Benefits" survey of Fortune 300 companies. BB&T's ranking places it second among banks in the national magazine's ninth annual survey. Money's December edition explores what the ...
Progress Energy Announces New Economic Development Rider.
Dec 19, 2002 ... Progress Energy today announced that they received approval for a new economic redevelopment rider that is expected to attract attention from companies considering locating in North Carolina. Under the new program, businesses that move into a vacant property previously served ...
Tis' the Season - To Organize.
Dec 19, 2002 ... There May Have Been No Scarcity of Holiday Cheer This Season, But There are Shortages Ahead -- of Space While storage systems weren't high on most gift lists, post-holiday organization is top-of-mind for lots of people. Without a plan, the season of giving can easily turn your ...
Bank of South Carolina Corporation Declares 54th Consecutive Dividend.
Dec 19, 2002 ... The Board of Directors of Bank of South Carolina Corporation , the parent company for The Bank of South Carolina, on December 19, 2002, declared an $.11 per share dividend, payable January 31, 2003, to shareholders of record as of December 31, 2002. In addition, The Board of Directors ...
TIB Financial Corp. Announces Increased Dividend.
Dec 19, 2002 ... TIB Financial Corp. , holding company for TIB Bank of the Keys, declared a fourth quarter cash dividend of $.11 per share payable to shareholders of record on December 31, 2002. This represents an annualized dividend rate of $.44 per share. The dividend represents a 2.3% increase over the ...
Pillowtex Receives Waiver of Compliance From Term Loan Lenders.
Dec 19, 2002 ... Pillowtex Corporation (BULLETIN BOARD: PWTX) today announced it has received a waiver of compliance from its term loan lenders with the interest coverage ratio and leverage ratio covenants contained in its term loan agreement for the fiscal quarter ending December 28, 2002. The agreement ...
ALR Technologies Introduces PC Programmable Med Reminder.
Dec 19, 2002 ... Aimed at Large Medical Practices, Clinical Trials and Computer-Savvy Individuals ALR Technologies Inc. (BULLETIN BOARD: ALRT) , which produces and markets the ALRT Med Reminder, a leading edge medication reminder that helps people remember to take their medications on time, ...
First South Bancorp, Inc. Declares Quarterly Cash Dividend.
Dec 19, 2002 ... First South Bancorp, Inc. , the parent holding company of First South Bank, announces that today the company's Board of Directors declared a quarterly cash dividend for the quarter ended December 31, 2002. The quarterly cash dividend was declared at $0.17 per share, payable January 24, ...
Modis(R) Awarded Vendor Status for the State of Connecticut's Core-CT Project.
Dec 19, 2002 ... Modis, Inc., the information technology (IT) services business unit of MPS Group, Inc. , today announced that it has been awarded vendor status by the State of Connecticut to provide support for the implementation and enhancement of the state's PeopleSoft ERP system. The State ...