PR Newswire articles from Friday, March 14

PR Newswire back issues from Friday, March 14:

Glenayre Announces Board Member Resignation.

Mar 14, 2003 ... Glenayre Technologies, Inc. today announced that its Board of Directors has accepted the resignation of Matthew Desch, who was appointed to Glenayre's Board of Directors in March 2001. Desch was recently appointed as president of Telecordia and has resigned in order to devote more time ...

Lund International Holdings, Inc. Announces Merger With Aftermarket Holdings, Inc.

Mar 14, 2003 ... Lund International Holdings, Inc., a Delaware corporation and leading designer, manufacturer and marketer of a broad line of accessories for the automotive aftermarket, today announced that Aftermarket Holdings, Inc., a Delaware corporation which owned approximately 92.4% of the ...

Colonial Properties Trust Announces Retail Asset Sale.

Mar 14, 2003 ... Colonial Properties Trust , announced today that it has completed the sale of Colonial Promenade Bardmoor, a shopping center located in St. Petersburg, Florida, to Inland Real Estate Acquisitions Inc, which is part of The Inland Real Estate Group of Companies, a firm based in Oak Brook, ...

Delta Connection to Add First Regional Jets at Lynchburg, Va.; Jet Upgrade Marks End of Brasilia Turboprop Service From Atlanta Hub.

Mar 14, 2003 ... Delta Connection will offer customers the first regional jet service from Lynchburg Regional Airport on May 4 when it begins three daily round-trip jet flights between Atlanta and this central Virginia city. The new flights, to be operated by Delta Connection carrier Atlantic Southeast ...

Roberts Realty Investors, Inc. Updates Leasing Activity For Veranda Chase Apartments.

Mar 14, 2003 ... Roberts Realty Investors, Inc. announces that the leasing of its newest luxury apartment community, Veranda Chase, is on schedule and is expected to be completed by June 2003. The 250-unit community is 83% leased and has been averaging 19 leases per month. Mr. Charles S. Roberts, the ...

Gables to Present at SSB REIT CEO Conference.

Mar 14, 2003 ... Gables Residential (the "Company") announced today that it will participate in the Salomon Smith Barney 2003 REIT CEO Conference. Gables Chairman and CEO Chris Wheeler will speak in a roundtable discussion on Tuesday, March 18 at 9:30 a.m. Eastern Time. A live conference call of the ...

Mohawk Industries, Inc. Updates Current Business Conditions.

Mar 14, 2003 ... Mohawk Industries, Inc. today announced its updated first and second quarter 2003 earnings estimates. In the 2002 fourth quarter earnings release, the Company indicated concern about weakening conditions in its markets. These concerns are more pronounced than we had anticipated as ...

PrimeWest Energy Trust Maintains Monthly Distribution Level, Announces Second Quarter Distributions and Updates Guidance.

Mar 14, 2003 ... PrimeWest Energy Trust (PrimeWest) today announces a cash distribution of 40 cents Canadian per trust unit payable on April 15th, 2003, to all unitholders of record on March 31st 2003. The ex-distribution date is March 27th, 2003. PrimeWest also announces that its monthly ...

Tesco Corporation.

Mar 14, 2003 ... Tesco Corporation will update investors on the Company's 4th Quarter and Year-End results on Friday, March 21, 2003. To discuss this information, a conference call has been set for: <Pre> 10:00 a.m. (M.S.T.) 12:00 p.m. (E.S.T.) </Pre> If you wish ...

Network TEN Completes U.S. Private Debt Placement.

Mar 14, 2003 ... CanWest Global Communications Corp. announced today that its Australian television operation, Network TEN, in which it has a 57.2% economic interest, has successfully placed US$125 million ten-year senior unsecured notes in the U.S. private placement market. TEN's Executive Chairman, Nick ...

Engineered Support Receives $8.7 Million Cargo Loader Support Contract From U.S. Air Force.

Mar 14, 2003 ... Engineered Support Systems, Inc. received a new contract totaling $8.7 million from the U.S. Air Force to support its Tunner 60K Cargo Loader/Transporters deployed at U.S. military bases worldwide. The contract is for Interim Contractor Support (ICS) and calls for technical services and ...

Bank One and Fannie Mae to Help Homeownership Grow in Michigan; $12.5 Billion Alliance Plants Homegrown Seeds of Opportunities for Families.

Mar 14, 2003 ... Mayor Kwame Kilpatrick and U.S. Rep. Carolyn Cheeks Kilpatrick (D-MI) today joined Bank One and Fannie Mae -- two leading national players in home mortgages -- to tell the community and its leaders how a $12.5 billion community lending alliance will plant seeds that will grow homeownership ...

U.S. Bancorp Asset Management, Inc., Announces Financial Positions for Closed-End Funds.

Mar 14, 2003 ... U.S. Bancorp Asset Management, Inc. , today announced the financial positions for the following closed-end funds for the month ended Feb. 28, 2003. <Pre> Net investment income and distribution information for the month ended Feb. 28, 2003: ...

NeoPharm Announces Fourth Quarter 2002 Financial Results.

Mar 14, 2003 ... NeoPharm, Inc. today announced financial results for the fourth quarter of 2002. The Company reported a net loss of $11,404,137 or $0.70 per share, basic and diluted, for the fourth quarter 2002 versus a net loss of $6,456,919 or $0.40 per share, basic and diluted, for the fourth quarter ...

Motorola Selected to Deliver US$69 Million Hong Kong Police Command And Control Communications System; Motorola Continues Its Commitment to Hong Kong Police, Building on Legacy Of Technological Excellence and Integrity.

Mar 14, 2003 ... Motorola , a global leader in providing integrated communications solutions, systems and networking services to police forces around the world, is proud to announce it has been commissioned by the Hong Kong Police to deliver its third generation Command and Control Communications system ...

Boston Communications Group Purchases State-of-the-Art Data Center And Office Building.

Mar 14, 2003 ... Boston Communications Group, Inc. today announced that it has purchased a 93,000 square foot building in Bedford, Massachusetts to principally serve as the Company's redundant data center site. The building is designed and outfitted with premier, high-end telecommunications, electrical ...

Andrew Corporation Updates 2nd Quarter Estimates.

Mar 14, 2003 ... Andrew Corporation , a global communications systems equipment supplier, issued updated financial estimates for the quarter ended March 31, 2003. For the second quarter ending March 31, 2003, net sales are expected to be in the range of $190 million to $200 million, compared with the ...

AmerenUE to Conduct Short Maintenance Outage at Callaway Nuclear Plant.

Mar 14, 2003 ... AmerenUE's Callaway Nuclear Plant, located near Fulton, Mo., will shut down March 31 for a short maintenance outage aimed at ensuring maximum reliability during the upcoming summer season. The plant is expected to be out of service about one week. The primary purpose of the ...

ISCO International Announces Investor Conference Call.

Mar 14, 2003 ... ISCO International, Inc. , a leading supplier of interference- management solutions for the wireless and cellular industry, will host a conference call on Friday, April 4, 2003 at 10:00am central time (11:00am eastern time) to discuss full year 2002 results of operations as well as other ...

Valspar to Present at the Merrill Lynch Chemicals Conference, New York.

Mar 14, 2003 ... Valspar's Richard M. Rompala, Chairman and Chief Executive Officer, will address financial analysts at the Merrill Lynch Chemicals Conference in New York City on Thursday, March 20, 2003 at 8:30 A.M., EST. Merrill Lynch will provide a live webcast of Mr. Rompala's presentation. Details ...

Zebra Technologies Welcomes FDA Proposal; Zebra Further Advocates Pharmaceutical Manufacturers and Distributors Adopt Variable Information Printing and RSS to Maximize Patient Safety.

Mar 14, 2003 ... Zebra Technologies , a global leader in delivering on-demand printing solutions for business improvement, welcomes the U.S. Food and Drug Administration's (FDA) proposed new rules for unit-of-use pharmaceutical bar code labeling as an important first step to creating a foundation for ...

Solutia Raises Prices on Therminol Heat Transfer Fluids and Related Products.

Mar 14, 2003 ... Solutia Inc. has announced a price increase of approximately 7 percent on six products within the Therminol heat transfer fluid product portfolio: Therminol 55, Therminol 66, Therminol 72, Therminol 75, Therminol VP-1, and Therminol LT. The 7 percent price increase also applies to ...

Milastar Reports 3rd Quarter Results.

Mar 14, 2003 ... J. Russell Duncan, Chairman of Milastar Corporation (BULLETIN BOARD: MILAA) ("Milastar"), listed and traded on the OTC Bulletin Board under the symbol "MILAA," today reported the Company's results for the third quarter of fiscal year 2003, ended January 31, 2003. The Company ...

SUPERVALU to Participate at Merrill Lynch Global Retailing Leaders Conference.

Mar 14, 2003 ... SUPERVALU INC. chairman and CEO Jeff Noddle will present at the 26th Annual Merrill Lynch Global Retailing Leaders Conference on March 20, 2003, at 9:25 a.m. EST. A live Web cast of this event will be available through the SUPERVALU Web site. To access the broadcast, select the "Investor ...

Abbott Laboratories Names Executives to Lead U.S. Pharmaceutical And International Businesses.

Mar 14, 2003 ... Abbott Laboratories today announced that William G. Dempsey has been named senior vice president, pharmaceutical operations, for Abbott's U.S. pharmaceutical business. Guillermo A. Herrera has been named senior vice president, international operations, and replaces Dempsey who held the ...

CME's Total and GLOBEX(R) Volume Among Highest in History; E-mini(TM) S&P 500(R), E-mini NASDAQ-100(R), Electronic Foreign Exchange Set Records.

Mar 14, 2003 ... Trading volume on Chicago Mercantile Exchange Inc. (CME) yesterday reached 4,207,557 contracts, while volume on CME's GLOBEX(R) electronic trading platform totaled 1,592,150 contracts. Excluding days on which CME employed special opening procedures for its nontraditional TRAKRS(SM) ...

Monsanto Company Reaffirms 2003 Earnings Per Share Guidance.

Mar 14, 2003 ... Monsanto Company today reaffirmed its full-year EPS guidance to be in the range of $1.20 to $1.40. This guidance excludes the cumulative effect of the new accounting standard (SFAS No. 143, Accounting for Asset Retirement Obligations) of approximately $15 million, or 6 cents per share, ...

MedicalCV, Inc. Determines Not to Appeal Nasdaq Delisting Decision.

Mar 14, 2003 ... MedicalCV, Inc. , a Minnesota-based heart valve manufacturer, today announced that it will not appeal the Nasdaq Staff Determination that its securities will be delisted from The Nasdaq SmallCap Market at the opening of business March 17, 2003. "We concluded that we would be ...

The Spiegel Group Announces Geralynn Madonna to Head Its Spiegel Catalog And Newport News Divisions.

Mar 14, 2003 ... The Spiegel Group (Spiegel, Inc.) today announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News. "Geralynn has ...

America's Increasing Focus on Total Wellness Creates Opportunity For Pharmaceutical Retailers and Manufacturers Alike; IRI's Ed Kuehnle Outlines Need for Greater Understanding of Individual Consumer Behaviors to Effectively Build Total Front End and Rx Sales.

Mar 14, 2003 ... Retailers and prescription drug and consumer healthcare products manufacturers must evolve their traditional approaches to marketing and begin seeking new ways of understanding the total wellness needs of the individual -- from a consumer, patient, and customer perspective -- according to ...

Sheffield Files Form 8-K Related to Change of Independent Accountants.

Mar 14, 2003 ... Sheffield Pharmaceuticals, Inc. today announced that it has filed a Current Report on Form 8-K with the Securities and Exchange Commission in connection with the resignation of its former independent accountants, Ernst & Young LLP. The report discloses that on March 11, 2003, the Audit ...

AMLI Residential Announces Participation in Salomon Smith Barney 2003 REIT CEO Conference.

Mar 14, 2003 ... AMLI Residential announces that Allan Sweet, AMLI President and Co-CEO, will participate in a roundtable presentation at the Salomon Smith Barney 2003 REIT CEO Conference on Wednesday, March 19, 2003 at 8:45 a.m. ET in Naples, Florida. The AMLI presentation may be accessed live via ...

Capitol Federal Financial to Combine Future Releases.

Mar 14, 2003 ... Capitol Federal Financial (CFFN) announced today that it will combine future earnings releases with its Form 10-Q filings beginning with the quarter ending March 31, 2003. Combining these two reports will result in cost savings and create additional efficiencies in our financial reporting ...

Midwest Express Holdings Continues Aircraft Financing Negotiations.

Mar 14, 2003 ... Midwest Express Holdings, Inc. met yesterday with aircraft lessors and debt providers to present a restructuring proposal regarding obligations on the financed portion of the airline holding company's fleet. Last week, the company announced a 100-day suspension of aircraft lease and debt ...

C2, Inc. Announces Key Management Addition at Total Logistic Control.

Mar 14, 2003 ... C2, Inc. announced today that Frank W. Reuwer has joined its operating unit, Total Logistic Control, as Executive Vice President of Supply Chain Services. In this new position, Mr. Reuwer will oversee the strategic development of client-specific supply chain solutions for new ...

Motorola Continues to Drive and Excite Consumers with Complete Wireless Communications Solutions at CeBIT 2003; Motorola Demonstrates Its Intelligence Everywhere(TM) Promise and Its 75-Year Commitment to Customers Through Design, Content and Innovation - Hall 26, Stand E40 and E60.

Mar 14, 2003 ... CeBIT -- Motorola, Inc. , a global leader in wireless communications, today reaffirmed its strategy to provide consumers with the most desirable and technologically advanced communications solutions on the market from new handsets and applications through to innovative broadband solutions ...

Mobile Phone Facility With Motorola Universal Interface Now Available In Various Mercedes-Benz Automobile Series.

Mar 14, 2003 ... CeBIT -- With the introduction of a new product that will be available in Mercedes-Benz vehicles in the CLK, SL, C and M series from June 2003, the automotive division of Motorola, Inc. has once again proven its competence in the development and supply of high-quality automobile ...

Motorola Launches the g20 - a New, Extremely Small, GSM/GPRS Communications Module.

Mar 14, 2003 ... CeBIT -- Motorola , a global leader in providing integrated communications and embedded electronic solutions, announced today the launch of g20, an innovative GSM/GPRS embedded module for the data and voice communications market. The new module is similar to a condensed cellular ...

'MotoMania' Continues as Motorola Unveils New Mobile Handsets at CeBIT; Technology Innovation, Design and Stimulating Mobile Experiences Continue With Current 2003 Portfolio.

Mar 14, 2003 ... CeBIT -- Motorola, Inc. , a global leader in wireless communications, today unveiled two new additions to its mobile handset portfolio -- continuing to turn up the volume in creating cutting-edge gaming, entertainment and music experiences. These two new mobile phones join nine other new ...

Chicago Mercantile Exchange, Shanghai Futures Exchange Agree to Pursue Joint Initiatives.

Mar 14, 2003 ... Chicago Mercantile Exchange Inc. (CME) and the Shanghai Futures Exchange (SHFE) today signed a Memorandum of Understanding to pursue joint business development initiatives in derivatives products -- the first such agreement between SHFE and a North American exchange. Under the agreement, ...

China Southern Selects Goodrich Wheels and Brakes for Fleet of A319 Aircraft.

Mar 14, 2003 ... China Southern Airlines has selected Goodrich Corporation wheels and carbon brakes for their purchase of additional Airbus aircraft. Keith Campbell, Director Airline Sales and Customer Support stated, "China Southern is Goodrich Wheels and Brakes' largest customer in mainland ...

ALR Technologies Signs International Sales Agreement; MedCap to Handle Sales and Distribution for Europe, Asia and South America.

Mar 14, 2003 ... ALR Technologies Inc. (BULLETIN BOARD: ALRT) , which produces and markets Med Reminders, a leading-edge line of medication reminders that help people remember to take their medications as prescribed, has signed a sales, marketing and distribution agreement with MedCap, Inc. to represent ...

Cinema Screen Media Enters Into Agreement With Showintel Networks For Digital Media Delivery.

Mar 14, 2003 ... Cinema Screen Media has entered into an agreement to market digital media management and marketing services with Showintel Networks, Inc. (BULLETIN BOARD: SWNW) . Under the agreement, Showintel will install and manage its digital delivery and management system for video content in ...

King Pharmaceuticals Clarifies Inaccurate Statements in Certain Newswire Stories This Morning.

Mar 14, 2003 ... King Pharmaceuticals, Inc. , in response to inaccurate characterizations in certain newswire stories this morning, reports that the U.S. Federal Trade Commission ("FTC") investigation with respect to Elan Corporation, plc's product, Skelaxin(R) (metaxolone), does not relate to any ...

Wachovia Corporate and Institutional Trust Announces New Hires.

Mar 14, 2003 ... Wachovia Corporate and Institutional Trust announced today that it has added two consultants to Wachovia Information Consulting Group (WICG). The group provides comprehensive, cost-effective consultation for claims processing and similar information management needs of corporations, law ...

Citizens South Banking Corporation Announces Annual Meeting of Stockholders.

Mar 14, 2003 ... Citizens South Banking Corporation , the holding company for Citizens South Bank, will hold its Annual Meeting of Stockholders on May 12, 2003, at 10:30 a.m., Gastonia, North Carolina time, at the Gaston County Public Library at 1555 East ...

Court Rules in Genlyte's Favor in Keene Fraudulent Conveyance Case.

Mar 14, 2003 ... Today, the United States District Court for the Southern District of New York issued summary judgment in favor of all defendants in the case of "Lippe et al., Trustees for the Keene Creditors Trust vs. Bairnco Corporation et al." As a result, the case against all remaining defendants, ...

Keithley Instruments To Present at 15th Annual Roth Capital Partners Growth Stock Conference.

Mar 14, 2003 ... Keithley Instruments, Inc. , a leader in solutions for emerging measurement needs, announced that it will participate in the 15th Annual Roth Capital Partners Growth Stock Conference March 16-18, 2003. The Conference is being held at the St. Regis Monarch Beach Resort and Spa in Dana ...

Progressive Distributes February Underwriting Results.

Mar 14, 2003 ... The Progressive Corporation today reported that for February 2003, the Company produced a GAAP combined ratio of 89.8. Net premiums written increased 31% to $942.7 million for the month, compared to $719.6 million last year. Net premiums earned for the month increased 32% to $805.8 ...

PECO II Continues to Realign Its Business Model.

Mar 14, 2003 ... PECO II, Inc. announced today that it will house all of its local operations within its original facility on State Route 598. The relocation of operations is expected to begin during the second quarter and be complete by the end of 2003. "Making sure that we have the ...

Zimmer Expects First Quarter 2003 Results to Significantly Exceed Previous Guidance.

Mar 14, 2003 ... Zimmer Holdings, Inc. today announced that it expects its first quarter 2003 performance to significantly exceed guidance issued by the company on January 30, 2003. The company said it projects that revenue for the quarter will be $15 to $20 million greater than the high end of ...

Woodward-Duncan to Step Down as Emmis-Indianapolis Market Manager; Step down provides "step out" - to the wild blue yonder.

Mar 14, 2003 ... Chris Woodward-Duncan, a 20-year market and Emmis Communications veteran, has announced she will leave the company effective June 1, 2003. "After 20 years at Emmis in Indianapolis, I realized that, while I'm nowhere near ready to retire, there are other opportunities I want to ...

Rocky Shoes & Boots, Inc. Announces Vice President-Apparel Business Development.

Mar 14, 2003 ... Rocky Shoes & Boots, Inc. today announced that John Maser has joined the Company as Vice President-Apparel Business Development, a new position, effective immediately. Mr. Maser held positions of increasing responsibility for the past 17 years with Whitewater Outdoors (Hingham, ...

Robbins & Myers To Prepay Its Remaining 6.5% Convertible Subordinated Notes.

Mar 14, 2003 ... Robbins & Myers, Inc. announced that it has called for the redemption and prepayment of the remaining $19,691,000 principal amount of the Company's outstanding 6.5% Convertible Subordinated Notes due September 1, 2003. This action follows a very successful and over subscribed exchange ...

Kroger To Participate in Merrill Lynch Retailing Leaders Conference.

Mar 14, 2003 ... The Kroger Co. will participate in the Merrill Lynch Retailing Leaders Conference. The Kroger presentation will be broadcast live over the Internet on March 19, 2003 at 1:20 p.m. (EST) at http://www.kroger.com/financialinfo_investorconferencecalls.htm . Click on Webcast Events to access ...

Steel Dynamics Announces Record Profit Sharing Awards.

Mar 14, 2003 ... Steel Dynamics, Inc. today announced that its employees have received profit sharing awards totaling $6.9 million based on the company's record operating and financial performance for the year 2002. SDI's 2002 net income rose to $78 million from $3.1 million in 2001, as net sales ...

Huffy Corporation To Present at the 15th Annual Roth Capital Partners Growth Stock Conference.

Mar 14, 2003 ... HUFFY CORPORATION announced today that the Company will make a presentation at the 15th Annual Roth Capital Partners Growth Stock Conference. The presentation is scheduled for Monday, March 17, 2003 at 2:30 p.m. Pacific Time. The presentation will be simultaneously broadcast ...

Hillenbrand Industries Names Todd P. Brabender Vice President, Corporate Information Technology.

Mar 14, 2003 ... Hillenbrand Industries, Inc. , a leader in the health care and funeral services industries, announced today that the Company named Todd P. Brabender, 40, to the position of vice president, corporate information technology. Effective immediately, he will report to Matthew J. Ericksen, vice ...

Huffy Corporation Completes $15.0 Million Term Loan.

Mar 14, 2003 ... HUFFY CORPORATION announced today that it has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation (Central). The loan, repayable at maturity, has a final maturity date of ...

Oak Hill Financial Announces Dividend.

Mar 14, 2003 ... Oak Hill Financial, Inc. announced today that it has declared a quarterly cash dividend of $.13 per share of common stock payable on April 23, 2003 to shareholders of record as of March 28, 2003. Oak Hill Financial is a financial holding company headquartered in Jackson, Ohio ....

STERIS To Present at SG Cowen Health Care Conference in Boston March 19, 2003 at 1:15 p.m. and 2:15 p.m. Eastern.

Mar 14, 2003 ... STERIS Corporation today announced that the Company will be presenting at the 23rd Annual SG Cowen Health Care Conference in Boston on Wednesday, March 19, 2003 in two sessions starting at 1:15 p.m., Eastern time and 2:15 p.m., Eastern time, respectively. The same presentation will be ...

General Growth Properties Declares Dividend on Common and Depositary Shares.

Mar 14, 2003 ... General Growth Properties, Inc. today declared a dividend of $0.72 per share, payable to common stock shareholders of record on April 3, 2003, with payment on April 30, 2003. The current dividend represents an increase of approximately 11% over the dividend declared in first quarter 2002 ...

Motorola Drives Volvo's Four-C1 Technology (Continuously Controlled Chassis Concept)1.

Mar 14, 2003 ... CeBIT -- Motorola, Inc. , a global leader in the worldwide communications and electronics marketplace, and Volvo have joined forces to provide an advanced chassis controller for the new Volvo S60 R and V70 R models. Running on Motorola's technology, the car's electronic controller ...

Webcast Alert: Orthodontic Centers of America Announces Fourth Quarter 2002 Earnings Conference Call Webcast.

Mar 14, 2003 ... Orthodontic Centers of America announces the following Webcast: <Pre>What: Orthodontic Centers of America Fourth Quarter 2002 Earnings Conference Call When: Wednesday, March 19, 2003 @ 10:00 a.m. Eastern Where:...

NATCO Group Announces Sale of $15 Million Convertible Preferred.

Mar 14, 2003 ... NATCO Group Inc. (the "Company") today announced an agreement with Lime Rock Partners, a highly regarded investor in growth equity for oil service companies, for one of Lime Rock's funds to purchase $15 million of newly issued NATCO convertible preferred stock. The preferred stock will ...