PR Newswire back issues from Friday, March 7:
Soquimich Comercial S.A. Approves the Acquisition of Norsk Hydro Chile S.A.
Mar 07, 2003 ... Sociedad Quimica y Minera de Chile S.A. (Santiago Stock Exchange: SQM-B SQM-A) ("SQM") informed today that the Board of Directors of its subsidiary Soquimich Comercial S.A. (Santiago Stock Exchange: Soquicom) ("SQMC"), approved the acquisition of 100% of the shares of Norsk Hydro Chile ...
Parkway Properties, Inc. Announces Joint Venture of Phoenix Asset.
Mar 07, 2003 ... Parkway Properties, Inc. today announced the sale of 70% of its investment in Viad Corporate Center in Phoenix. Investcorp International, Inc. acquired a 70% interest in Parkway's investment in Viad Corporate Center for a total of approximately $42 million, which values the ...
ebank Financial Services, Inc. Declares Dividend on Preferred Stock.
Mar 07, 2003 ... ebank Financial Services, Inc. (BULLETIN BOARD: EBDC) announced today that on February 24, 2003 the Board of Directors declared a dividend accrued through February 28, 2003 on its 8% Series A preferred stock and elected to pay the dividend in shares of the Company's common stock. The ...
Georgia-Pacific Chairman And Chief Executive Officer To Speak At Morgan Stanley Mining, Paper And Packaging Conference.
Mar 07, 2003 ... A.D. "Pete" Correll, chairman and chief executive officer of Georgia-Pacific Corp. will participate in Morgan Stanley's Mining, Paper and Packaging Conference March 12 in New York. A live audio Webcast of Correll's remarks and presentation will be accessible via Georgia-Pacific's Web ...
Bike Athletic Will Move From Knoxville.
Mar 07, 2003 ... Russell Corporation today announced that it plans to move Bike Athletic operations from Knoxville to other existing company locations. The relocation of the distribution center, screen printing and custom decoration areas should be completed by the middle of April, while Bike's office and ...
Caraustar Industries, Inc. Announces Paperboard Price Increase.
Mar 07, 2003 ... Caraustar Industries, Inc. today announced that it will raise prices on all clay coated paperboard grades by a minimum of $40 per ton and on all uncoated paperboard grades by $50 per ton. The increase will become effective with shipments on April 7, 2003. The escalation of ...
EMS Technologies Signs GMPCS as Master Distributor Of the Fleet 55 Maritime Satellite Terminal.
Mar 07, 2003 ... EMS Technologies, Inc. announced today the signing of an agreement with GMPCS Personal Communications, Inc. The agreement recognizes GMPCS as the first of a select group of Master Distributors for EMS Technologies' Fleet 55 Inmarsat maritime satellite terminal. GMPCS, based in ...
CPR to Address Credit Suisse First Boston 2003 Transportation CEO Summit.
Mar 07, 2003 ... Rob Ritchie, President and Chief Executive Officer of Canadian Pacific Railway (TSX/NYSE: CP), will address Credit Suisse First Boston's 2003 Transportation CEO Summit in New York City at 7:30 a.m. Eastern Time on March 13, 2003. Mr. Ritchie will discuss CPR's business strategy ...
Tellabs Presentation at Deutsche Bank Conference to Be Webcast Live.
Mar 07, 2003 ... Anders Gustafsson, president of Tellabs International, will speak to the investment community at the Deutsche Bank 2003 Information Technology Hardware Conference in Scottsdale, Ariz. on March 11 at 12:30 p.m. Eastern time. Interested investors can access a live audio webcast of ...
Regis Reports February Consolidated Revenues Grew 17 Percent To A Record $133 Million; - February Same-Store Sales Increased 0.1 Percent - - Same-Store Sales Accelerate Towards the End of the Month -.
Mar 07, 2003 ... Regis Corporation the global leader in the $135 billion hair care industry, today reported that consolidated revenues increased 17 percent in the month of February to $133 million. In addition, consolidated same-store sales at its salons open at least one year increased 0.1 percent. ...
Joris Vos to Lead Boeing Relations with the European Union and NATO.
Mar 07, 2003 ... The Boeing Company today named Joris M. Vos, a former senior diplomat from the Netherlands, to the new position of Boeing President for European Union and NATO Relations. Vos will be responsible for representing The Boeing Company at all European Union institutions and NATO. ...
NCO Portfolio Announces Relocation of Its Corporate Headquarters.
Mar 07, 2003 ... NCO Portfolio Management, Inc. , a leading purchaser and manager of past due accounts receivable, announced today that effective March 10, 2003 it is relocating its corporate headquarters to the recently renovated Montgomery Park office complex in the west end of Baltimore, Maryland. ...
Lifeway Foods Receives Gold Taste Award for Kefir Products; 'Gold Medal' Will Be Displayed on New Packaging; Kefir Will Be Showcased at Natural Products Expo West March 7-9.
Mar 07, 2003 ... Lifeway Foods, Inc. today announced that its kefir products have received the Gold Medal Taste Award from the American Tasting Institute, a division of Quality Institute International. Lifeway will add the American Tasting Institute's prestigious Gold Medal to new "sleeve" packaging that ...
Engineered Support Receives $8.7 Million for Military Trailers From U.S. Army.
Mar 07, 2003 ... Engineered Support Systems, Inc. received production orders totaling $8.7 million from the U.S. Army for M989A1 Heavy Expanded Mobility Ammunition Trailers (HEMAT), according to Michael F. Shanahan, Sr., Chairman and CEO. The Army exercised options under an existing long-term ...
Inforte Corp. Provides Mid-Quarter Investor Update.
Mar 07, 2003 ... Customer and demand management consultancy Inforte Corp. today announced positive updates to its prior first quarter 2003 guidance for revenue before reimbursements (net revenue) and diluted earnings per share (EPS). Inforte will host its regularly scheduled mid-quarter conference call ...
Mayo Clinic to Advance Xenotransplantation Research With Grant From Baxter.
Mar 07, 2003 ... The Mayo Clinic and Baxter Healthcare Corporation announced today a special grant from Baxter to Mayo, under which Mayo will assume full control and ownership of Baxter's xenotransplantation program and will pursue, direct and advance research in the field. The program will be ...
Exelon Rejects All Offers on Purchase of AmerGen, No Longer Intends to Sell.
Mar 07, 2003 ... Exelon Generation Company and British Energy have agreed to reject all offers for the purchase of AmerGen Energy Co. LLC and to terminate the auction process, the two companies announced today. Both parties reviewed the bids and concluded none were adequate. With the rejection ...
U.S. Bancorp Piper Jaffray Fixed Income Initiates Research Coverage Of Aircraft ABS; - Aircraft Finance Research Team Publishes 'Aircraft ABS Guide' -.
Mar 07, 2003 ... The U.S. Bancorp Piper Jaffray Aircraft Finance Research Team recently initiated coverage of the aircraft asset-backed securities (ABS) sector, publishing the "Aircraft ABS Guide." The report is a comprehensive guide for investors during a time of great uncertainty for the sector. ...
School Specialty Acquires Sunburst Video.
Mar 07, 2003 ... School Specialty, Inc. , the largest direct marketer of supplemental educational products to schools and teachers for pre-kindergarten through twelfth grade, today announced that it acquired the assets of Sunburst Video, a division of Sunburst Technology Corporation. Sunburst Video is a ...
Communications Systems Announces Dividend.
Mar 07, 2003 ... Communications Systems, Inc. announced that the Company's Board of Directors have declared a cash dividend of $.04 per share of common stock payable to shareholders of record on March 18, 2003. The dividend will be distributed on April 1, 2003. About Communications Systems ...
CoVest Bancshares, Inc. Announces the Completion of 25th and the Announcement Of 26th Stock Repurchase Program.
Mar 07, 2003 ... CoVest Bancshares, Inc. , the holding company for CoVest Banc, Des Plaines, Illinois, announced today the completion of the Stock Repurchase Program dated June 18, 2002. A total of 100,000 shares were repurchased at an average price of $26.53. (Photo: ...
Spiegel, Inc. Enters into a Consent and Stipulation Agreement with the SEC.
Mar 07, 2003 ... Spiegel, Inc. today reported that, as previously announced, the staff of the Securities and Exchange Commission (the "SEC") has commenced an investigation into compliance by Spiegel, Inc. (the Company) with the federal securities laws. Today the SEC commenced a civil proceeding in federal ...
Hollinger Inc. Raises US$120 Million Through Offering of Senior Secured Notes.
Mar 07, 2003 ... Hollinger Inc. today announced that it has agreed to sell US$120 million aggregate principal amount of its 11.875% senior secured notes due March 1, 2011 at 99.377% of face amount in a private placement. Closing is scheduled for March 10, 2003, subject to the satisfaction or waiver of ...
Spartech Corporation Presents at McDonald Investments Specialty Chemical Conference.
Mar 07, 2003 ... Spartech Corporation presented at the 7th Annual McDonald Investments Specialty Chemical Conference on Wednesday, March 5, 2003 highlighting the Company's progress to date on its five Operational Excellence and Financial Goals for fiscal 2003, as documented in its recently issued Annual ...
MedicalCV, Inc. Receives Delisting Notice from Nasdaq.
Mar 07, 2003 ... MedicalCV, Inc. , a Minnesota-based heart valve manufacturer, today announced that it has received a Nasdaq Staff Determination indicating that it fails to comply with the minimum stockholders' equity requirement for continued listing set forth in Marketplace Rule 4310(c)(2)(B), and that ...
IRI Announces Key Executive Promotions in North America Business; Moves Will Further Strengthen Analytic Insights Group, Improve Client Service for Retail Tracking.
Mar 07, 2003 ... Information Resources, Inc. , a leading provider of consumer behavior insights to the consumer packaged goods (CPG) industry, today announced the promotions of Neil Canter to Division President, Analytic Insights Group, and David Shanker to Division President, Client Service North America ....
Optical Cable Corporation Schedules Conference Call to Discuss First Quarter Results.
Mar 07, 2003 ... Optical Cable Corporation , today announced that it will release its first quarter results for the period ended January 31, 2003 on Tuesday, March 11, 2003, prior to market open. In conjunction with its release, the Company will host a conference call to discuss the release on Wednesday, ...
Peabody Energy (NYSE: BTU) Announces Planned Private Offering Of $500 Million Of Senior Notes.
Mar 07, 2003 ... Peabody Energy today announced that it is planning an offering of $500 million of senior notes due 2013 to certain institutional investors in a transaction that is exempt from the registration requirements of the Securities Act of 1933. This offering is one of several ...
Northwest Airlines Announces Appointment of Thomas C. Kennedy as Senior VP And Controller.
Mar 07, 2003 ... Northwest Airlines today named Thomas C. Kennedy its senior vice president and controller. Kennedy fills a position previously held by Hiram Cox, who left Northwest to become chief financial officer of Central Parking Corporation. Kennedy, formerly vice president--financial ...
Motorola PCS Corporate Vice President, Rob Shaddock Presentation to Financial Analysts to be Webcast.
Mar 07, 2003 ... Motorola, Inc., plans to broadcast over the Internet on Tuesday, March 11, a presentation by Rob Shaddock, corporate vice president and general manager of GSM & TDMA Products for Motorola's Personal Communications Sector. The presentation to the Deutsche Bank 2003 Information ...
NorthWestern Announces Resignation of John van Roden.
Mar 07, 2003 ... NorthWestern Corporation today announced that due to unforeseen family health issues, John van Roden has resigned from his role as Senior Vice President. Mr. van Roden indicated that in light of these unexpected circumstances, he will be unable to devote the time that would be necessary ...
Landauer, Inc. Declares Regular Cash Dividend.
Mar 07, 2003 ... Landauer, Inc. , announced today that its Board of Directors declared a regular quarterly cash dividend of $0.375 per share for the second quarter of fiscal 2003. The dividend will be paid on April 11, 2003 to shareholders of record on March 21, 2003. Landauer is the leading ...
CoVest Bancshares, Inc. Announces the Cancellation of Its Special Stockholders' Meeting.
Mar 07, 2003 ... CoVest Bancshares, Inc. announced today that it has cancelled its special stockholders' meeting scheduled for March 17, 2003, to approve the proposed acquisition of CoVest by Midwest Banc Holdings, Inc. . CoVest said that it has been informed by Midwest that the bank regulatory agencies ...
Continental Materials Corporation Reports Fourth Quarter and Full Year 2002 Results.
Mar 07, 2003 ... Continental Materials Corporation today reported that fourth quarter net income was $1,131,000 (62 cents Diluted EPS) on sales of $31,772,000 compared to net income of $3,416,000 ($1.86 Diluted EPS) on sales of $34,401,000 in the prior year quarter. The 2002 quarter's results were ...
UAL Corp. Says 'Sunset' Provisions of ESOP Are Triggered.
Mar 07, 2003 ... UAL Corp. , the parent company of United Airlines, today announced that sales of company stock by the company's employee benefit plans have lowered employee ownership in those plans below 20 percent, thereby triggering the "Sunset" provisions contained in the company's certificate of ...
Click Commerce Reports Receipt of Proposed Acquisition Offer From Significant Shareholder.
Mar 07, 2003 ... Click Commerce, Inc. announced today that it has received a letter from Insight Venture Management, LLC indicating that Insight is prepared to discuss a proposed offer by Insight to acquire all of Click Commerce's common stock for a price per share between $3.55 and $3.80, subject to ...
CSI Declares Cash Dividend.
Mar 07, 2003 ... Computer Services, Inc. (OTC Pink Sheets: CSVI) announced that its Board of Directors declared a quarterly cash dividend of $0.11 per share. This represents an indicated annual dividend rate of $0.44 per share. The cash dividend is payable on March 25, 2003, to shareholders of record as ...
Lowe's and Kidde Partner to Educate Customers About New York State Code And Carbon Monoxide Detectors; Lowe's and Kidde Will Hold 'Here's How clinics' March 8, 15, and 22, 2003.
Mar 07, 2003 ... Lowe's and Kidde partner to educate customers about New York State's new code requiring a minimum of one Carbon Monoxide (CO) alarm in all dwellings. According to the Centers for Disease Control, CO is a major concern, and over 2000 people die from CO poisoning each year. CO poisoning ...
Duke Energy Will Exit Merchant Finance Business; Closure of Duke Capital Partners Will Boost Positive Cash Flow in 2003 and 2004.
Mar 07, 2003 ... Duke Energy announced today that it will exit the merchant finance business at its wholly owned subsidiary, Duke Capital Partners, LLC. The company expects to boost cash flows in 2003 and 2004 as Duke Capital Partners' portfolio of approximately $350 million is sold or matures ....
Brown-Forman Refines Distribution in Florida, Colorado, and New Mexico.
Mar 07, 2003 ... Brown-Forman announced today that they have reached agreement with National Distributing Co. (NDC) in Florida to transfer the distribution rights, effective June 1, 2003, from NDC to Premier Beverage Co., a division of Charmer-Sunbelt Group. Additionally, Brown-Forman announced reaching ...
Modis(R) and Software Engineering Services Team Up to Support State of Iowa HIPAA Compliance Efforts; Exclusive Providers to the State for HIPAA Compliance.
Mar 07, 2003 ... Modis, Inc., the information technology (IT) services business unit of MPS Group, Inc. , and Software Engineering Services (SES), today announced that they have been awarded the State of Iowa Health Insurance Portability and Accountability Act (HIPAA) Enterprise Contract. This contract ...
Ryan's Family Steak Houses, Inc. Reports February 2003 Sales Results.
Mar 07, 2003 ... Ryan's Family Steak Houses, Inc. today announced sales results for the 4-week period ending March 5, 2003 ("February"). Details follow: <Pre> (Unaudited) February ...
CNB Holdings, Inc. Overwhelmingly Approves Merger With MountainBank Financial Corporation.
Mar 07, 2003 ... In a joint press release CNB Holdings, Inc. (BULLETIN BOARD: CNBY) and MountainBank Financial Corporation announced today the shareholders of CNB Holdings, Inc. had overwhelmingly approved the company's merger with MountainBank Financial Corporation. Hiawatha Nicely, Jr., ...
Nations Government Income Term Trust 2003, Inc.; Plan of Liquidation.
Mar 07, 2003 ... The Board of Directors of Nations Government Income Term Trust 2003, Inc. (the "Company") has approved a Plan of Liquidation and Termination (the "Plan") for the Company. The Plan is intended to accomplish the complete liquidation and termination of the Company as both a registered ...
Nations Government Income Term Trust 2004, Inc.; Dividend Declaration.
Mar 07, 2003 ... The Board of Directors of Nations Government Income Term Trust 2004, Inc. declared a dividend of $0.0314 per share, representing earnings for the month of March 2003. The dividend is payable on March 28, 2003 to shareholders of record on March 17, 2003. The annualized yield ...
Hatteras Income Securities, Inc.: Dividend Declaration.
Mar 07, 2003 ... The Board of Directors of Hatteras Income Securities, Inc. declared a dividend of $0.065 per share for the month of March 2003. The dividend is payable on March 31, 2003 to shareholders of record on March 17, 2003. The current yield based on the NYSE closing price of $13.80 per share on ...
Nations Balanced Target Maturity Fund, Inc.; Dividend Declaration.
Mar 07, 2003 ... The Board of Directors of Nations Balanced Target Maturity Fund, Inc. declared an ordinary income dividend of $0.110 per share, representing earnings for the quarter ending March 31, 2003. The dividend is payable on March 28, 2003 to shareholders of record on March 21, 2003. ...
The Cato Corporation Announces Regular Quarterly Dividend.
Mar 07, 2003 ... The Cato Corporation announced today that its Board of Directors declared a regular quarterly dividend of $0.15 per share. The dividend will be payable on March 31, 2003 to shareholders of record of the Corporation at the close of business on March 17, 2003. In May 2002, the Company ...
Banc of America Capital Management Releases 'U.S. Economic Projections' For Week of March 10, 2003.
Mar 07, 2003 ... Note to editor: The "U.S. Economic Projections" report that follows is written each week by Lynn Reaser, Ph.D., chief economist and senior market strategist for Banc of America Capital Management. The report is a publication of Banc of America Capital Management, which is the primary ...
The Sisters of Charity of St. Augustine Health System to Sponsor Symposium on the Uninsured for Health Care Students & Faculty; March 11th Program Supports "Cover The Uninsured Week".
Mar 07, 2003 ... The Sisters of Charity of St. Augustine Health System (CSA Health System) will support Cover the Uninsured Week with a special symposium on the uninsured for educators and future physicians, nurses and other health care professionals. The free program will be held on Tuesday, March 11 at ...
Improved Liquidity Noted in S&P Review Despite Downgrade to BBB Rating.
Mar 07, 2003 ... American Electric Power said that, although Standard & Poor's today announced a one-notch downgrade of the company's overall debt rating, the decision to maintain AEP's A-2 commercial paper rating reflects AEP's improved liquidity position. S&P lowered AEP's rating to BBB from ...
Steel Dynamics Files Shelf Registration Statement in Connection with its 4% Convertible Subordinated Note Offering.
Mar 07, 2003 ... Steel Dynamics, Inc. announced that it has today filed a "shelf" registration statement with the Securities and Exchange Commission, on Form S-3, to register the resale of up to the full $115 million of the company's 4% Convertible Subordinated Notes due 2012, as well as the approximately ...
Southwest Airlines Co. to Participate in the Merrill Lynch 2003 European Transport Leaders Conference.
Mar 07, 2003 ... Southwest Airlines Company has been invited to participate in the Merrill Lynch 2003 European Transport Leaders Conference. Gary Kelly, Executive Vice President and Chief Financial Officer, will be speaking at the conference on Tuesday, March 11, 2003, at 8:40 a.m. Central Standard Time ....
Webcast Alert: Ultra Petroleum Corp. Announces Its Fourth Quarter and Year End Conference Call on the Web.
Mar 07, 2003 ... In conjunction with Ultra Petroleum Corp.'s Fourth Quarter and Year End Earnings Conference Call, you are invited to listen to its webcast that will be broadcast live over the Internet on Wednesday, March 12, 2003 at 10:00 AM Central US. <Pre>What: Ultra Petroleum Corp.'s ...
Baker Hughes Announces February 2003 Rig Counts; International Rig Count Up 2% From January 2003; Up 5% From One Year Ago; Worldwide Rig Count Up 7% From January 2003; Up 12% From One Year Ago.
Mar 07, 2003 ... Baker Hughes Incorporated (NYSE: BHI; PCX; EBS) announced today that the international rig count for February 2003 was 752, up 18 from the 734 counted in January 2003, and up 36 from the 716 counted in February 2002. The international offshore rig count for February 2003 was 218, up five ...
ENSCO Announces Joint Venture to Build New Jackup Rig.
Mar 07, 2003 ... ENSCO International Incorporated announced that one of its principal subsidiaries ("ENSCO") has agreed upon terms for a joint venture with Keppel FELS Limited to acquire, for $26.25 million in cash and project management services, a 25% ownership interest in a new high performance premium ...
The UniMark Group, Inc. Receives $16 Million Proposal and M&M Nominee Withdraws Going Private Offer.
Mar 07, 2003 ... The UniMark Group, Inc. (BULLETIN BOARD: UNMG.OB) announced today that it has received a $16 million proposal for the company's Victoria juice processing plant and certain contract rights for the growing and processing of Italian lemons. Under the proposed terms, UniMark will retain its ...
Aviall to Present at Salomon Smith Barney Global Industrial Manufacturing Conference.
Mar 07, 2003 ... Aviall, Inc. will present at the Salomon Smith Barney 16th Annual Global Industrial Manufacturing Conference on March 12, 2003. The company's presentation is scheduled to begin at 2:15 p.m. eastern time. A live audio broadcast of the presentation will be available on the ...
D.R. Horton, Inc. Presentation at Salomon Smith Barney's Global Industrial Manufacturing Conference to Be Webcast Live.
Mar 07, 2003 ... D.R. Horton, Inc. will make a presentation to the investment community via live audio webcast at Salomon Smith Barney's 16th Annual Global Industrial Manufacturing Conference on Tuesday, March 11, 2003 at 11:15 a.m. (EST). The presentation may be accessed through the Investor ...
Ready for Takeoff; Jeff Gordon's DuPont Chevrolet Takes Flight With the Wright Brothers.
Mar 07, 2003 ... Four-time NASCAR(R) Winston Cup Champion Jeff Gordon unveiled a special paint scheme for the No. 24 DuPont Chevrolet Monte Carlo today honoring the Wright Brothers' spirit of innovation and the birth of the aviation and aerospace industries. DuPont Aviation Finishes, Hendrick ...
Mannatech Receives Patent in Mexico.
Mar 07, 2003 ... Mannatech, Inc. today announced that it has been granted a patent for dietary supplements containing glyconutritionals by the government of Mexico. "It is always exciting to add to the list of countries where our technology is patent protected," said Chief Executive Officer ...
Belo to Sell Radio Station in San Antonio.
Mar 07, 2003 ... Belo Corp. said today that it has agreed to sell KENS-AM 1160 in San Antonio, Texas to ABC, Inc. for $3.2 million. Pending completion of the transaction, ABC, Inc. will provide programming to the station under a local marketing agreement with Belo beginning April 1. Belo expects to ...
Eateries, Inc. Inks Mississippi Garfield's Franchise.
Mar 07, 2003 ... Vincent F. Orza, Jr., Chairman and CEO of Eateries, Inc. today announced the company had signed a new franchise agreement for Garfield's Restaurant & Pub. Mid South Casual Dining, Inc., has contracted to develop six (6) Garfield's Restaurant & Pub units in Mississippi. ...
Tejas Securities Group, Inc. Releases a Research Report Update on Allegiance Telecom.
Mar 07, 2003 ... Tejas Securities Group, Inc. released an updated research report today on Allegiance Telecom, Inc. . Tejas Securities Group, Inc. is a full service brokerage and investment- banking firm based in Austin, Texas with branch offices in Houston, Texas and Tinton Falls, New Jersey. ...
Matrix Service Closes the Acquisition of Hake Group; Acquisition Is Expected to Add 50% to Fully Diluted EPS in Fiscal 2004, Ending May 31.
Mar 07, 2003 ... Matrix Service Co. , a leading industrial services company, specializing in the construction, repair and maintenance of aboveground storage tanks, plant maintenance, turnarounds and construction, today announced the completion of its acquisition of the Hake Group, a privately held ...