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PR Newswire articles from Friday, January 31

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=20030131" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, January 31:

Webcast Alert: Banco Santander-Chile Announces Fourth Quarter Earnings Conference Call Webcast.

Jan 31, 2003 ... Banco Santander-Chile announces the following Webcast: <Pre> What: Banco Santander-Chile Fourth Quarter 2002 Results Conference CallWhen: Tuesday, February 4, 2003 @ 10:00 AM ESTWhere:...

Webcast Alert: AGCO Announces Q4 2002 Financial Release Conference Call Webcast.

Jan 31, 2003 ... AGCO Corporation announces the following Webcast: <Pre> What:Q4 2002 Financial Release Conference CallWhen:Feb. 6, 2002 at 2:00 PM EasternWhere: http://www.firstcallevents.com/service/ajwz373014242gf12.htmlHow: Live over the Internet -- Simply ...

Delta Air Lines Begins Service From Salt Lake City to Washington, D.C.

Jan 31, 2003 ... Delta Air Lines today begins its new daily nonstop service between Ronald Reagan Washington National Airport and Salt Lake City International Airport. Delta is operating the single daily round-trip flight using Boeing 757 aircraft with 183 seats and a two-class seating ...

El Paso Area Teachers Federal Credit Union Selects Harland Financial Solutions' Technology; Credit Union Cites Integrated Technology Solution as Key to Achieving Strategic Growth Objectives.

Jan 31, 2003 ... Harland Financial Solutions, Inc., a division of John H. Harland Company , today announced that they have been selected by El Paso Area Teachers Federal Credit Union (FCU) to provide a broad range of technology products and services. Established in 1936, El Paso Area Teachers FCU is one ...

Delta Connection Enhances Regional Jet Service at Shreveport; Passengers Now Enjoy All-Jet Service to Three Delta Hubs.

Jan 31, 2003 ... Delta Connection today expands jet service in Shreveport, providing customers with new flights to Cincinnati, additional flights to Atlanta and all-jet service to Dallas/Ft. Worth. Delta Connection carriers Atlantic Southeast Airlines (ASA), Comair and SkyWest Airlines will operate the ...

Presentation to Financial Analysts by Scientific-Atlanta Executives To be Webcast.

Jan 31, 2003 ... Scientific-Atlanta, Inc. announced today that on Thursday, February 6, 2003, it plans to broadcast, over the Internet, presentations to financial analysts and institutional investors. The presentations by James F. McDonald, Chairman, President and CEO of Scientific-Atlanta, and ...

Summit Bank Corporation Announces Quarterly Dividend.

Jan 31, 2003 ... Summit Bank Corporation announced a quarterly dividend of $.13 per share payable to all shareholders of record on February 14, 2003, to be paid on February 25, 2003. Summit recently announced record quarterly net earnings of $1,169,000, (diluted) per share of $.32, for fourth ...

Delta Connection Launches Service Between Lexington, Ky. And Dallas/Fort Worth.

Jan 31, 2003 ... Delta Connection now offers customers new twice-daily, nonstop service between Lexington, Ky., and Dallas/Fort Worth with Bombardier CRJ regional jets operated by Delta Connection carrier SkyWest Airlines. "Delta Connection and Delta continue to offer customers a wide range of ...

Delta Connection Launches Service Between Knoxville, Tenn., And Dallas/Fort Worth.

Jan 31, 2003 ... Delta Connection now offers customers new twice-daily, nonstop service between Knoxville, Tenn., and Dallas/Fort Worth with Bombardier CRJ regional jets operated by Delta Connection carrier SkyWest Airlines. "Delta Connection and Delta continue to offer customers a wide range ...

Georgia-Pacific Board Declares Regular Quarterly Dividend.

Jan 31, 2003 ... Georgia-Pacific Corp.'s board of directors today approved a regular quarterly dividend for the company's common stock. The board approved a dividend of 12.5 cents per share. The dividend is payable Feb. 20, 2003, to shareholders of record Feb. 10, 2003. ...

BancTrust Financial Group Announces: 2002 Earnings Increase of 17.6%; Fourth Quarter 2002 Earnings Increase of 22.6%; Dividend is Increased 8.3%.

Jan 31, 2003 ... BancTrust Financial Group , formerly known as South Alabama Bancorporation, announced today net income for 2002 was $7,323,000 compared to $6,226,000 in 2001, an increase of 17.6%. Basic and diluted earnings per share were $.85 and $.84, respectively, for 2002 compared to $.73 for both ...

Talisman Reports Substantial Progress on Sudan Sale.

Jan 31, 2003 ... On October 30, 2002, Talisman Energy Inc. announced that it had entered into an agreement for the sale of its indirectly held interest in the Greater Nile Oil Project in Sudan to ONGC Videsh Limited for $1.2 billion. Substantial progress has been made towards obtaining the ...

CPR to Address Goldman Sachs 18th Annual Transportation Conference.

Jan 31, 2003 ... Mike Waites, Executive Vice- President and Chief Financial Officer of Canadian Pacific Railway (TSX/NYSE: CP), will address the Goldman Sachs 18th Annual Transportation Conference at 11:55 a.m. Eastern time on February 5, 2003. Mr. Waites will present CPR's performance, strategy ...

JoyRide Studios Releases First MechWarriors(R) 3D Collectible Figures.

Jan 31, 2003 ... JoyRide Studios, a brand of Racing Champions Ertl , announced today that it has released its first MechWarrior scale-model articulated collectible figures under terms of an exclusive licensing agreement reached last year with WizKids, a Seattle-based developer and publisher of fantasy ...

Reptron Electronics to Explore Options on Refinancing Convertible Bonds; -Company Establishes Earnings Release Date.

Jan 31, 2003 ... Reptron Electronics, Inc. , a leading electronics manufacturing supply chain services company, announced today that it will not be making its semi-annual interest payment to holders of its 6 3/4% convertible bonds. The payment is scheduled to be made on February 1, 2003. The Company did ...

NeoPharm to Resume Clinical Trials With LEP.

Jan 31, 2003 ... NeoPharm, Inc. announced today that it has reached an agreement with Pharmacia & Upjohn Company that will allow NeoPharm to resume human clinical trials for LEP (Liposomal Paclitaxel) using NeoPharm's most advanced Easy-To-Use NeoLipid(TM) formulation of LEP (LEP-ETU) for the treatment of ...

Terra Industries Reports Fourth Quarter Results.

Jan 31, 2003 ... Terra Industries Inc. announced today a net loss from continuing operations of $16.7 million for the fourth quarter ended December 31, 2002, or $.22 per share, on revenues of $272 million. This compares to a net loss from continuing operations of $26.8 million, or $.35 per share, on ...

EPIQ Systems Acquires Bankruptcy Services LLC, Enters Chapter 11 Market.

Jan 31, 2003 ... Note: A telephone conference call will be held at 10 a.m. central time on January 31, 2003, to further discuss this announcement. The toll-free dial-in number is 877-780-2271 (reference: EPIQ Systems). A replay will be available shortly thereafter until February 14, 2003 on 877-519-4471 ...

Magnetek Announces Fiscal 2003 Second Quarter Results; -- 2Q '03 revenue was $51.3 million, up 9% from 2Q '01 and up sequentially 20% from 1Q '03. -- Previously announced asset impairment charges accounted for 97% of $1.71 per share net loss. -- Balance sheet remains strong, with under $10 million in debt and over $120 million in equity.

Jan 31, 2003 ... Magnetek, Inc. today announced its results for the second quarter and first half of fiscal 2003, ended December 31, 2002. Revenue for the second quarter was $51.3 million, up 9% from $47.1 million in the second quarter of fiscal 2002 and up 20% from $42.8 million in the first quarter of ...

ATK Will Webcast Presentation at Lehman Brothers Equity Investor Conference.

Jan 31, 2003 ... ATK (Alliant Techsystems) will webcast a presentation by Nick Vlahakis, senior vice president and chief operating officer, at the Lehman Brothers 20th Annual Industrial Select Conference on Tuesday, Feb. 4. The presentation, which is scheduled for 2:55 p.m. Eastern time, can ...

Joy Global Inc. Makes Fourth Stock Distribution.

Jan 31, 2003 ... Joy Global Inc. (the "Company") today began its fourth distribution of common stock to holders of allowed pre-petition claims against Harnischfeger Industries, Inc., the Company's name prior to its reorganization in 2001. The distribution consists of 1,505,777 shares and brings the total ...

Caterpillar Provides Technology to Substantially Reduce Emissions of School Buses and Other Diesel Equipment; EPA Officials, Caterpillar Executives Review Low Emission Buses for Boston Public Schools.

Jan 31, 2003 ... Caterpillar Inc. has won a contract to supply the Boston Public School District with technology that will reduce diesel particulate emissions on school buses by more than 90 percent. The agreement highlights a growing business opportunity in North America to "retrofit" existing engines ...

Midland Capital Holdings Corporation Reports Fiscal 2nd Quarter Earnings And Declares Regular Cash Dividend.

Jan 31, 2003 ... Midland Capital Holdings Corporation (BULLETIN BOARD: MCPH) (the "Company") the holding company for Midland Federal Savings and Loan Association ("Midland Federal") today announced that net income for the quarter ended December 31, 2002 totaled $171,000, or $0.46 per diluted share ($0.47 ...

Ameren Completes Purchase of CILCORP.

Jan 31, 2003 ... Ameren Corporation today announced that the company has acquired CILCORP Inc., from The AES Corporation . CILCORP is the parent company of Peoria, Ill.-based Central Illinois Light Co. (CILCO), which, beginning today, will operate as AmerenCILCO. In a transaction valued at ...

Ameren Names Two Officers to Serve as AmerenCILCO'S Top Management in Peoria.

Jan 31, 2003 ... Ameren Corporation today announced two Peoria-based managers will be the top operating officers at AmerenCILCO: Scott A. Cisel, 49, vice president and chief operating officer for AmerenCILCO, and Robert G. Ferlmann, 41, vice president, AmerenCILCO Trading and Dispatch and Unregulated ...

Boeing Signs Army Contract for First Lot of Modernized Chinooks.

Jan 31, 2003 ... Boeing and the U.S. Army Aviation and Missile Command have signed the first Low Rate Initial Production contract valued at about $140 million including options for remanufacturing seven CH-47 Chinooks to the new CH-47F and MH-47G Special Operations configurations. The contract ...

Solutia Closes Sale of Its Resins, Additives and Adhesives Businesses.

Jan 31, 2003 ... Solutia Inc. today announced that it closed the sale of its resins, additives and adhesives businesses to UCB S.A. for U.S. $500 million cash. John C. Hunter, chairman, president and chief executive officer of Solutia said, "We are pleased that we have been able to conclude ...

U.S. Bancorp to Participate in Conference Call Hosted by Merrill Lynch & Company.

Jan 31, 2003 ... U.S. Bancorp announced today that Richard K. Davis, vice chairman of consumer banking and payment services, is scheduled to participate in a conference call entitled U.S. Bancorp - Re-energizing Retail Banking. The call will be hosted by Merrill Lynch & Company and is scheduled for ...

A.O. Smith to Present at Gabelli Symposium Feb. 5.

Jan 31, 2003 ... A.O. Smith Corporation will be among the companies presenting at the 13th annual Pump, Valve & Motor Symposium, hosted by Gabelli & Company on Feb. 5 and 6 in New York. Senior Vice President and Chief Financial Officer Kenneth W. Krueger will discuss the Milwaukee-based ...

Proton Energy Systems and Matheson Tri-Gas Reach Agreement to End Contract.

Jan 31, 2003 ... Proton Energy Systems, Inc. , a leader in hydrogen generation and fuel cell technology and products, announced today that it has reached an agreement with Matheson Tri-Gas, Inc. to end its Development, Marketing and Distribution Agreement for small laboratory hydrogen generators. ...

Gibraltar Packaging Group, Inc. Announces Results for Second Quarter Of Fiscal 2003.

Jan 31, 2003 ... Gibraltar Packaging Group, Inc. (BULLETIN BOARD: PACK) today announced the results for its second quarter of fiscal 2003. Gibraltar reported net income for its second quarter of fiscal 2003 of $0.8 million or $0.15 per share. This compares to net income in the second quarter ...

Webcast Alert: Argosy Gaming Company Announces Fourth Quarter and Year End Earnings Conference Call Webcast.

Jan 31, 2003 ... Argosy Gaming Company announces the following Webcast: <Pre> What: Argosy Gaming Company's Fourth Quarter and Year End Earnings Conference Call/WebcastWhen: Tuesday, February 4, 2003 @ 11:30 a.m. ESTWhere:...

Angeion Corporation Reports Results for Ten-Month Fiscal Year Ended October 31, 2002; Results Reflect Fiscal Year Change and 'Fresh Start' Accounting; Company Highlights Market Opportunities and Balance Sheet Strength.

Jan 31, 2003 ... Angeion Corporation has reported results for the ten-month period ended October 31, 2002, reflecting a change in the Company's fiscal year and the "fresh start" accounting rules that the Company is required to adopt in connection with its emergence from bankruptcy on October 25, 2002, ...

Third Wave Technologies to Host Fourth-Quarter, Year-End 2002 Conference Call.

Jan 31, 2003 ... Third Wave Technologies Inc. today announced that the company will host a conference call and question-and-answer session on Feb. 11, 2003, at 10 a.m. EST, to discuss fourth-quarter and full-year financial results for 2002. Third Wave officials will discuss the successful ...

Duke Power: Colder Temperatures Increase Electricity Usage.

Jan 31, 2003 ... Winter 2002-2003 is shaping up to be a cold one -- more than 30 percent colder than last winter according to National Weather Service data -- and Duke Power's customers are feeling the effect. Electricity usage for Duke Power's customers was 20 percent to 40 percent higher than ...

Drew Marine Introduces DREW WATCH Electronic Services Version 1.1.

Jan 31, 2003 ... A new version of DREW WATCH Electronic Services(TM) software with expanded programs is now available from Drew Marine, a business unit of Ashland Specialty Chemical Company. DREW WATCH is a PC-based software application that monitors shipboard water treatment tests and recommends action ...

Summit Properties Announces Fourth Quarter Results; Investor/Analyst Conference Call Scheduled for Later Today.

Jan 31, 2003 ... Summit Properties Inc. reported net income for the quarter ended December 31, 2002 of $48,703,000, or $1.76 per share, compared to $22,178,000, or $0.81 per share, for the fourth quarter of 2001. Funds from Operations ("FFO") for the quarter ended December 31, 2002 were $13,650,000, or ...

Province Healthcare Provides Update on Expected Fourth Quarter Results.

Jan 31, 2003 ... Province Healthcare Company today announced that consistent with its previously disclosed expectations, operating results for the fourth quarter of 2002 would be below guidance, with same-store admissions down 4.9%, adjusted admissions down 1.5%, and same-store surgeries down 8.6% ...

Lowe's Announces Executive Promotions.

Jan 31, 2003 ... Lowe's Companies, Inc. , the world's second largest home improvement retailer, announced today the following executive promotions, effective March 1, 2003. (Photo: http://www.newscom.com/cgi-bin/prnh/20000720/LOWES ) Robert A. Niblock has been promoted to president of ...

CommScope to Release Fourth Quarter 2002 Earnings on February 20.

Jan 31, 2003 ... CommScope, Inc. plans to release its fourth quarter 2002 financial results at 4:00 p.m. Eastern Time on Thursday, February 20, followed by a 5:00 p.m. conference call. You are invited to listen to the conference call or live webcast with Frank Drendel, Chairman and CEO; Brian Garrett, ...

Lexmark announces Najib Bahous to succeed Tim Craig as President of its Consumer Printer Division; - Craig to retire from Lexmark -.

Jan 31, 2003 ... Lexmark International, Inc. today announced that Najib Bahous will succeed Tim Craig as president of its Consumer Printer Division (CPD). After an appropriate transition period, Craig intends to retire from Lexmark. Bahous has been with Lexmark since its founding in 1991 and ...

Changes in Cedars Cath Lab.

Jan 31, 2003 ... The following statement was issued today by HCA's Cedars Medical Center in Miami, Fla.: CHANGES IN CEDARS CATH LAB As part of its ongoing, comprehensive quality assurance and patient safety program, Cedars Medical Center's Board and Medical Executive Committee have ...

Expect Cold January to Be reflected in Higher February Electric Bills.

Jan 31, 2003 ... A combination of unusually cold weather and increased holiday energy use could mean higher February electric bills for most Floridians. Throughout January, Progress Energy Florida customers used roughly 10 percent more energy than in January 2002. The average daily temperature ...

Yadkin Valley Bank and Trust Company Announces 16.7% Increase in Earnings Per Share for the Quarter Ended December 31, 2002 and Offers a Dividend Reinvestment Plan.

Jan 31, 2003 ... Yadkin Valley Bank and Trust Company reported net income for the fourth quarter at $1.88 million or $0.21 per diluted share, an increase of 16.7% over earnings per share of $0.18 for the same period last year. For the year ended December 31, 2002, Yadkin reported net income of $7.04 ...

Oakwood Homes Corporation Closes DIP Facility.

Jan 31, 2003 ... Oakwood Homes Corporation (BULLETIN BOARD: OKWHQ) announced today that it has closed the up to $140 million revolving line of credit tranche of its $215 million debtor-in-possession ("DIP") financing. Myles E. Standish, President and Chief Executive Officer, stated: "We are ...

Frisby Technologies, Inc. Announces Restructuring of Management.

Jan 31, 2003 ... FRISBY TECHNOLOGIES, INC. (BULLETIN BOARD: FRIZ) , today announced the termination of Duncan Russell, the company's president and chief operating officer. Mr. Russell started his employment with the Company in 1998 and has served as president and chief operating officer since June, 2000 ....

Len Williams Named KeyBank President of Business Banking.

Jan 31, 2003 ... Len Williams has been named president of Business Banking at KeyBank. Williams replaces Michael A. Butler, who assumed the newly created position of Consumer Finance Executive in November. Williams will report to Jack L. Kopnisky, president of Key's Consumer Banking Group. ...

Kendle International to Present at UBS Warburg Global Healthcare Services Conference.

Jan 31, 2003 ... Kendle International Inc. announced today that Executive Vice President and Chief Marketing Officer Thomas Stilgenbauer and Senior Vice President and Chief Financial Officer Karl Brenkert III will participate in the UBS Warburg Global Healthcare Services Conference being held Feb. 3-5 in ...

AK Steel Reports Fourth Quarter and Full Year 2002 Results.

Jan 31, 2003 ... AK Steel today reported a net loss of $489.7 million, or $4.54 per diluted share of common stock, for the fourth quarter of 2002. Revenues for the quarter were $1,062.2 million on shipments of 1,428,100 tons. The company's average selling price rose to $718 per ton from $651 per ton in ...

Manor Care Reports 2002 Fourth-Quarter Earnings; Board Authorizes Additional $100 Million for Share Repurchase.

Jan 31, 2003 ... Manor Care, Inc. announced today that fourth-quarter 2002 diluted earnings per share were 34 cents before unusual items, compared with 32 cents before unusual items in the 2001 fourth quarter, a 6 percent increase. Net diluted earnings per share were 24 cents in the 2002 fourth quarter, ...

Kroger To Provide Six Months of Health Care Benefits and Wage Differentials to Reservists Called to Active Military Duty; New Policy Doubles Previous Coverage Period.

Jan 31, 2003 ... The Kroger Co. today announced it will offer enhanced military leave for employees called to active duty as America prepares for a possible war. The Company said it would make up the difference between Kroger pay and military pay for six months to reservists who are called to ...

Timken Enhances Distribution Efforts to China Through New Center in Shanghai.

Jan 31, 2003 ... The Timken Company, a worldwide leader in bearings and alloy steel, announced today that it has established a distribution center in Shanghai, China. Timken Engineered Products Shanghai Co., Ltd. will import Timken(R) and other manufacturers' products to China from around the world and ...

J. M. Smucker Declares Dividend; Announces Board of Director Changes.

Jan 31, 2003 ... The board of directors of The J. M. Smucker Company declared a $.20 per share dividend on the common shares of the Company to be paid on March 3, 2003, to shareholders of record at the close of business on February 14, 2003. The Company also announced that R. Douglas Cowan and ...

Lincoln Electric Schedules Webcast of 2002 Fourth-Quarter and Year-End Financial Results Conference Call.

Jan 31, 2003 ... Lincoln Electric Holdings, Inc. will release 2002 Fourth-Quarter and Year-End financial results prior to market open on Friday, February 7, 2003. Anthony A. Massaro, Lincoln Electric's Chairman and CEO, and H. Jay Elliott, SVP and Chief Financial Officer, will host a conference call at ...

WebMD to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference.

Jan 31, 2003 ... WebMD Corporation today announced that executives of WebMD are scheduled to participate in the Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference. WebMD's presentation to attendees at the Conference is expected to begin at approximately 4:10 p.m. Eastern ...

The Timken Company Declares Quarterly Dividend.

Jan 31, 2003 ... The board of directors of The Timken Company today declared a quarterly cash dividend of 13 cents per share. The dividend is payable on March 4, 2003 to shareholders of record as of February 14, 2003. It will be the 323rd consecutive dividend paid on the common stock of the company. ...

The Timken Company Nominates New Board Member.

Jan 31, 2003 ... At a regular meeting of The Timken Company's board of directors, General Joseph W. Ralston, USAF, Retired, was nominated for membership on the board and will stand for election at the annual shareholders' meeting on April 15. <Pre> (Photo: ...

Fifth Third Bancorp Issues Clarifying Statement Regarding Regulatory Matters.

Jan 31, 2003 ... Referring to statements made at the recent Salomon Smith Barney conference by Fifth Third Bancorp President & CEO George A. Schaefer, Jr., recent articles in the press have reported on Fifth Third Bancorp's outlook regarding current regulatory matters. In order to avoid confusion that may ...

Allen Telecom Announces Fourth Quarter 2002 and Year-End Earnings Release and Conference Call Date.

Jan 31, 2003 ... Allen Telecom Inc. plans to announce its financial results for the fourth quarter ended December 31, 2002, on Thursday, February 6, 2003 after the New York Stock Exchange and the regional exchanges are closed. Robert G. Paul, CEO and President, and Robert A. Youdelman, ...

Hillenbrand Industries to Record First Quarter Impairment Charge Due to Investment Losses in Insurance Unit Portfolio.

Jan 31, 2003 ... Hillenbrand Industries, Inc. announced today that the Company expects to record an impairment charge of approximately $68 million for its fiscal first quarter ended December 31, 2002. The charge is for the impairment of Standard & Poor (S&P) equity index funds, select under performing ...

Southwest Airlines Co. to Present at the Goldman Sachs 18th Annual Transportation Conference.

Jan 31, 2003 ... Southwest Airlines Company has been invited to speak at the Goldman Sachs 18th Annual Transportation Conference. Jim Parker, Vice Chairman and Chief Executive Officer, will be presenting at the conference on Tuesday, February 4, 2003, at 12:40 p.m. Eastern Time. Goldman Sachs ...

'I Have A Dream' Entire Speech Available FREE to the Public; Participating 7-Eleven(R) Stores to Offer Commemorative Brochure During Black History Month.

Jan 31, 2003 ... Dr. Martin Luther King Jr.'s famous speech, "I Have A Dream," is now available -- in its entirety -- free at participating 7-Eleven(R) stores while supplies last. In honor of Black History Month (February), The King Center, Education is Freedom Foundation and 7-Eleven, Inc. have ...

Marathon Oil Corporation President and CEO Clarence P. Cazalot, Jr., To Participate in Credit Suisse First Boston 2003 Energy Summit.

Jan 31, 2003 ... Marathon Oil Corporation announced today that Marathon President and CEO, Clarence P. Cazalot, Jr., will speak at the Credit Suisse First Boston 2003 Energy Summit on Thursday, February 6, at 11:30 a.m. (EST). A live audio Web cast of Cazalot's remarks will be accessible via ...

NL Reports Fourth Quarter Results.

Jan 31, 2003 ... NL Industries, Inc. today reported net income for the fourth quarter of 2002 of $.16 per diluted share compared with $.83 per diluted share in the fourth quarter of 2001. Excluding the effect of the items summarized in the accompanying table, net income in the fourth quarter of 2001 was ...

Charles F. Bolden, Jr. Elected to Marathon Oil Corporation Board of Directors.

Jan 31, 2003 ... Marathon Oil Corporation announced today that Charles F. Bolden, Jr. has been elected to the company's board of directors, effective February 15, 2003. Bolden recently retired as a Major General from the United States Marine Corps and currently is president and chief operating officer of ...