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PR Newswire articles from Friday, March 28

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<a href="http://www.highbeam.com/PR+Newswire/publications.aspx?date=20030328" title="Articles and back issues from PR Newswire">PR Newswire articles</a>

PR Newswire back issues from Friday, March 28:

Distribucion y Servicio D&S Announces Fourth Quarter and Year-End 2002 Results.

Mar 28, 2003 ... Distribucion y Servicio D&S (Latibex: XDYS) announces fourth quarter and year-end 2002 results. D&S reported total revenues of US$ 1,459 million during the year 2002, representing an 11.5% increase compared to the former year. Total sales reached US$1,294 million, representing ...

Comair Files to Fly Nonstop Between Washington, D.C., and the Cities Of Lexington, K.Y., and Savannah, Ga.

Mar 28, 2003 ... Delta Connection carrier Comair has filed an application with the United States Department of Transportation (DOT) to operate nonstop flights between Ronald Reagan Washington National Airport (DCA) and the cities of Lexington, Ky., and Savannah, Ga. Comair would operate a daily roundtrip ...

Glenayre to Seek Stockholder Approval for Possible Reverse Stock Split.

Mar 28, 2003 ... Glenayre Technologies Inc. announced today that its Board of Directors has adopted a resolution approving, and recommending to the Company's stockholders for their approval at the annual meeting on May 20, 2003, a proposal to authorize the Board, at its discretion, to implement a reverse ...

Georgia-Pacific Board Names Thomas Chief Operating Officer, Realigns Key Executive Assignments.

Mar 28, 2003 ... Georgia-Pacific Corp.'s board of directors today named Lee M. Thomas the company's chief operating officer and realigned other key executive management responsibilities and reporting assignments for three of its business segments, effective immediately. In his expanded role as ...

Flowers Foods Selected for Inclusion in S&P Smallcap 600 Index.

Mar 28, 2003 ... Flowers Foods announced that it has been selected for inclusion in the Standard & Poor's (S&P) SmallCap 600 Index. The addition will take place after the close of trading on March 28, 2003. Amos McMullian, chairman and CEO, commented, "Our strength lies in providing consumers ...

Colonial Properties Trust Quarterly Teleconference Call.

Mar 28, 2003 ... Today, Colonial Properties Trust announced that its first quarter earnings will be released on the wire on Monday, April 28, 2003. On Tuesday, April 29, Colonial Properties Trust will host a teleconference call highlighting the Company's earnings results and first quarter ...

PotashCorp Provides Earnings Update; Listed: TSX, NYSE Symbol: POT.

Mar 28, 2003 ... Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that its earnings will be lower than its previous quarterly guidance of US $0.25 per share primarily due to the rising Canadian dollar. Other factors include increased costs and timing issues with spring product sales ....

Petro-Canada - Notification of First Quarter 2003 Conference Call.

Mar 28, 2003 ... Petro-Canada will host a conference call for analysts and investors on Tuesday, April 29, 2003 at 2:15 p.m. MST (4:15 p.m. EST) to discuss first quarter results, which will be released on April 29, 2003. If you are unable to join us on April 29, a postview of the conference call will be ...

Newell Rubbermaid Sells Its Cosmolab Business To CSI East, Inc.

Mar 28, 2003 ... Newell Rubbermaid Inc. announced today the sale of its Cosmolab business to CSI East, Inc., an affiliate of Cosmetic Specialties, Inc. for $13 million in cash. This transaction underscores Newell Rubbermaid's intention to divest non- strategic assets and sharpen its focus on ...

Click Commerce Completes Acquisition of Allegis Corporation; Combination Creates Leadership Position in Partner Relationship Management.

Mar 28, 2003 ... Click Commerce, Inc. , a leading provider of partner relationship management (PRM) software for the Global 2000, today announced the completion of its acquisition of San Francisco-based Allegis Corporation. "Today is a ground-breaking day in the history of Allegis and the ...

KCS Energy Schedules Conference Call to Discuss 2002 Financial Results.

Mar 28, 2003 ... KCS Energy, Inc. announced today that it will release financial results for the quarter and year ended December 31, 2002 on Monday, March 31, 2003. Management will conduct a conference call to review the Company's financial and operating results. The conference call is ...

Exelon's General Counsel Randy Mehrberg to Chair the Mexican American Legal Defense Fund's (MALDEF) 23rd Annual Awards Dinner; University of Michigan Dean Key Note Speaker.

Mar 28, 2003 ... Randy Mehrberg, Executive Vice President and General Counsel for Exelon Corporation , will serve as the chair of MALDEF's annual award dinner in Chicago on April 2, 2003, at the Chicago Hilton and Towers. Jeffrey Lehman, Dean of the University of Michigan Law School is slated as the ...

IMC Global to Participate in Deutsche Bank Basic Industries Conference On April 2 In New York; Presentation to Be Webcast Live and as Replay.

Mar 28, 2003 ... IMC Global Inc. announced today that it will participate in the 2003 Deutsche Bank Basic Industries Conference in New York on Wednesday, April 2. The slide presentation by IMC Global Executive Vice President and Chief Financial Officer Reid Porter will take place from 2:00 p.m. to 2:30 ...

Focal Communications Announces Filing of Amended Joint Plan of Reorganization; Agreements Reached with Key Creditor Groups.

Mar 28, 2003 ... Focal Communications Corporation (BULLETIN BOARD: FCOMQ) , a leading national communications provider of local phone and data services, today announced that it filed its Amended Joint Plan of Reorganization and Disclosure Statement with the United States Bankruptcy Court for the District ...

Household to Redeem All Issued and Outstanding Shares of 5% Cumulative Preferred Stock, $4.50 Cumulative Preferred Stock and $4.30 Cumulative Preferred Stock.

Mar 28, 2003 ... Household International, Inc. announced today that it was calling for redemption all the issued and outstanding shares of Household 5% Cumulative Preferred Stock , $4.50 Cumulative Preferred Stock and $4.30 Cumulative Preferred Stock as of close of the business (5:00 p.m. New York City ...

Household Stockholders Approve Acquisition by HSBC Holdings plc.

Mar 28, 2003 ... At the special meeting of stockholders of Household International, Inc. held earlier today, the stockholders of Household voted to approve the proposed acquisition of Household by HSBC Holdings plc . Shareholders of HSBC voted to approve the acquisition at the extraordinary ...

Black Hills Corporation Announces Board Resignation.

Mar 28, 2003 ... Black Hills Corporation , today announced the resignation of Adil M. Ameer from its Board of Directors. The Board of Directors has elected Steven J. Helmers as a director to serve on an interim basis. Mr. Helmers is the Company's General Counsel and Secretary. The Board of ...

Energizer Holdings, Inc. Completes Purchase Of Schick-Wilkinson Sword.

Mar 28, 2003 ... Energizer Holdings, Inc., , today announced the completion of its acquisition of the worldwide Schick-Wilkinson Sword business from Pfizer Inc for $930 million. Schick-Wilkinson Sword is the second largest manufacturer and marketer of men's and women's wet shave products in the ...

BorgWarner Receives Second Consecutive Honda Quality Performance Award.

Mar 28, 2003 ... For the second consecutive year, BorgWarner TorqTransfer Systems in Seneca, South Carolina has been honored by Honda for outstanding quality performance over the past 12 months. The facility, which supplies BorgWarner InterActive Torque Management (ITM)(TM) systems to Honda of America, was ...

Malan Realty Investors Announces Value of Net Assets in Liquidation At Year-End 2002.

Mar 28, 2003 ... Malan Realty Investors, Inc. , a self-administered real estate investment trust (REIT), today announced that net assets in liquidation decreased by $5.2 million to $26.4 million during the fourth quarter ended December, 31, 2002. As a result of the approval of a plan of complete ...

Juno Lighting, Inc. Reports First Quarter Sales and Earnings.

Mar 28, 2003 ... Juno Lighting, Inc. announced that for the first quarter ended February 28, 2003 sales increased 5% to $43,523,000, compared to first quarter of 2002 sales of $41,406,000. Net income available to common shareholders for the first quarter of 2003 was approximately $13,000 ($0.01 per ...

United Stationers Enters into New $275 Million Credit Facility, Expands Its Receivables Securitization Program and Calls for Redemption of 8-3/8% Senior Subordinated Notes.

Mar 28, 2003 ... United Stationers Inc. today announced that United Stationers Supply Co., its wholly owned subsidiary, has entered into a new senior secured credit facility, has expanded its receivables securitization program, and is calling its outstanding senior subordinated notes for redemption. ...

ConAgra Foods Corrects Misleading News Accounts.

Mar 28, 2003 ... ConAgra Foods, Inc. announced today that it is aware of the Royal Ahold NV investigation, based on news reports regarding Royal Ahold and public statements issued by Royal Ahold. ConAgra Foods is a supplier to Royal Ahold and, like all suppliers, in the ordinary course of business, ...

First SecurityFed Financial, Inc. Declares Dividend for First Quarter.

Mar 28, 2003 ... First SecurityFed Financial, Inc. (the "Company") , the holding company for 1st Security Federal Savings Bank, ("1st Security"), has announced that the Company will pay a cash dividend of $0.13 per share for the first quarter of 2003. The dividend will be payable on April 24, 2003, to ...

Canterbury Park Holding Corporation Reports 2002 Fiscal Operating Results.

Mar 28, 2003 ... Canterbury Park Holding Corporation today announced revenues and net income for its fiscal year ended December 31, 2002. The Company's net income was $2,276,595 on revenues of $41,701,314 for the year ended December 31, 2002, compared to net income of $1,816,780 on revenues of ...

ADM Joint Venture to Construct Soy Processing Facility.

Mar 28, 2003 ... Archer Daniels Midland Company announced today that it is constructing a soy processing facility in Shanhaiguan, China in partnership with Wilmar Holdings. The facility will produce ADM's exclusive Arcon(R) line of highly functional soy protein concentrates, specialty soy flour for soy ...

Art's-Way First Quarter and 3 Month Results.

Mar 28, 2003 ... Art's-Way Manufacturing Co., Inc. today released the following results for the fiscal first quarter and three months ended February 28, 2003. <Pre>(all figures in thousands of dollars except per share amounts)Quarter Ended ...

Belden to Webcast Deutsche Bank Basic Industries Conference Presentation.

Mar 28, 2003 ... Belden Inc. will make a presentation at the Deutsche Bank Basic Industries Conference in New York on April 1, 2003. C. Baker Cunningham, Chairman of the Board, President and Chief Executive Officer will speak at 11:30 a.m. Eastern time. The presentation will be webcast live, ...

Manpower Inc. to Announce 1st Quarter 2003 Earnings Results.

Mar 28, 2003 ... Manpower Inc. today announced that it plans to release 1st quarter 2003 earnings results before the market opens on Tuesday, April 15, 2003. Management will discuss the results the same day in a live Web cast at 7:30 a.m. CT (8:30 a.m. ET), which can be accessed on the company's Web site ...

Webcast Alert: ISCO International, Inc. Announces 2002 Investor Call.

Mar 28, 2003 ... ISCO International, Inc. announces the following Webcast: <Pre> (Photo: http://www.newscom.com/cgi-bin/prnh/20010321/CGW036LOGO )What: ISCO International 2002 Investor CallWhen: 04/04/03 @ 11:00 a.m. EasternWhere:...

News Corporation and Liberty Media Corporation Announce Potential Investment By Liberty Media in News Corporation.

Mar 28, 2003 ... News Corporation and Liberty Media Corporation today announced an agreement under which Liberty has the right, within the next six months, to acquire $500 million in News Corp. preferred limited voting ordinary ADRs, at $21.50 per ADR. If Liberty does not exercise its right, ...

America to Send Support and Thanks to U.S. Troops Overseas; Lowe's Power of Pride Salute Hits the Road, Race Track for Memorial Day Tribute.

Mar 28, 2003 ... Lowe's Home Improvement Warehouse and Team Lowe's Racing are joining forces with the United Service Organizations (USO) to carry out the 2003 Power of Pride program and implement "Operation USO Care Package." The Lowe's and USO alliance will enable individuals to support America's men and ...

The Rowe Companies Announces First Quarter Operating Results.

Mar 28, 2003 ... The Rowe Companies , a leading furniture manufacturer and retailer, today reported operating results for the first quarter ended March 2, 2003. Net shipments decreased 3.9%, to $78.4 million, compared with $81.6 million for the same period last year. Gross profit margins ...

Pillowtex Receives Waiver of Compliance from Term Loan Lenders; Michael R. Harmon Named President.

Mar 28, 2003 ... 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 March 29, 2003. The agreement ...

The Seibels Bruce Group, Inc., Announces 2002 Fourth Quarter And Year-End Profits.

Mar 28, 2003 ... The Seibels Bruce Group, Inc., (BULLETIN BOARD: SBIG) today announced financial results for the fourth quarter and year that ended December 31, 2002. For the fourth quarter of 2002 the Company posted a net profit of $805 thousand, or $0.09 per share (basic and diluted). This ...

Advocat Announces William R. Council, III Named Executive Officer.

Mar 28, 2003 ... Advocat Inc. (BULLETIN BOARD: AVCA) today announced that the Board of Directors named William R. Council, III Chief Executive Officer. Mr. Council has served as interim CEO since the retirement of Charles W. Birkett, M.D in October 2002. Prior to that time, Mr. Council served as Chief ...

Lance, Inc. Announces Conference Call at 9:00 AM (ET) on April 25, 2003.

Mar 28, 2003 ... Lance, Inc. has scheduled a conference call discussion with investors at 9:00 a.m. eastern time on Friday, April 25, 2003 to discuss first quarter financial results which are scheduled for release the previous day. Participating in the conference call will be Paul A. Stroup, III, Chairman ...

TIMCO Aviation Services, Inc.'s Goodyear Arizona Aircraft Maintenance Facility Receives FAA Class IV Repair Station Certificate.

Mar 28, 2003 ... TIMCO Aviation Services, Inc. (BULLETIN BOARD: TMAS) (TIMCO) today announced that it has received FAA Certification as a Class IV FAA Repair Station at the Company's recently acquired facility in Goodyear, Arizona (TIMCO-GYR) (Certificate # GTDR613X). TIMCO-Goodyear's Class IV Repair ...

HCA Board Declares Quarterly Dividend.

Mar 28, 2003 ... HCA today announced that the Board of Directors has declared a regular quarterly dividend of $0.02 per share, payable June 1, 2003, to shareholders of record as of May 1, 2003. All references to ...

Coca-Cola Bottling Co. Consolidated Increases Ownership in Piedmont Coca-Cola Bottling Partnership.

Mar 28, 2003 ... Coca-Cola Bottling Co. Consolidated announced today that it has completed its previously announced purchase of half of The Coca-Cola Company's remaining interest in Piedmont Coca-Cola Bottling Partnership for $53.5 million. J. Frank Harrison, III, Chairman and CEO said, "After ...

Burke Mills, Inc. (OTC Bulletin Board) of Valdese, North Carolina, Reports Operating Results for the Year Ended December 28, 2002.

Mar 28, 2003 ... During fiscal year 2002 sales for Burke Mills, Inc. (BULLETIN BOARD: BMLS) were $29.9 million compared to $37.2 million in 2001. Burke recorded a net loss of ($319,000) or ($.12) per share compared to a net income of $315,000 or $.11 per share in 2001. Although Burke's sales ...

Unifi Receives Initial Dupont Arbitration Order.

Mar 28, 2003 ... Unifi, Inc. today announced that it has received an initial order (the "Order") dated March 26, 2003 from the Arbitration Panel concerning the Company's ongoing arbitration with DuPont relating to the two companies' manufacturing alliance (the "Alliance") for the production of partially ...

U.S. Health Services Acquires Medical Care & Outcomes.

Mar 28, 2003 ... U.S. Health Services ("USHS"), a division of Standard Management Corporation , announced today the acquisition of Medical Care & Outcomes LLC. Medical Care & Outcomes provides an innovative tool for USHS to acquire real-time patient data on compliance and therapeutic outcomes following the ...

Cooper Tire & Rubber Company Revises First Quarter Expectations.

Mar 28, 2003 ... Cooper Tire & Rubber Company today revised its first quarter earnings expectations indicating that net income would likely be in the range of 17-21 cents per share. Current analyst consensus is 25 cents per share. (Photo: ...

St. Joseph Capital Corporation Announces Approval to List on Nasdaq SmallCap Market.

Mar 28, 2003 ... John Rosenthal, Chairman, President and Chief Executive Officer of St. Joseph Capital Corporation (BULLETIN BOARD: SJOE) , the holding company for St. Joseph Capital Bank, announced today that The Nasdaq Stock Market, Inc. has approved the Company's application to list its common stock on ...

Diamond Hill Investment Group, Inc. Announces Results for the Year Ended December 31, 2002.

Mar 28, 2003 ... Diamond Hill Investment Group, Inc. today reported results for the year ended December 31, 2002. Operating revenues totaled $962,093 compared to $1,161,304 for the year ended December 31, 2001. The net loss was $2,463,623, or $1.73 per share, compared to a net loss of $1,502,533, or ...

Chiquita Completes Acquisition of Atlanta AG; Peter Jung Named President of German Produce Distributor.

Mar 28, 2003 ... Chiquita Brands International, Inc. today completed its previously announced acquisition of Atlanta AG, a leading German distributor of fresh fruits and vegetables. Atlanta is the primary distributor of Chiquita products in Germany and Austria and has been the company's largest customer ...

Pioneer-Standard Announces Closing of Offer to Purchase Senior Notes.

Mar 28, 2003 ... Pioneer-Standard Electronics, Inc. today announced that its previously announced tender offer to purchase for cash any and all of its outstanding 9.5% Senior Notes, at a price of $1,047.50 per $1,000 principal amount, closed at 5 p.m. on March 25, 2003. Valid tenders have been received ...

LESCO Chosen as Preferred Supplier to Symbiot Landscape Network.

Mar 28, 2003 ... LESCO, Inc. , the leading provider of products for the professional turf care and green industry markets, today announced that it has been chosen as the preferred Purchase Power Partner (P3) to the Symbiot Landscape Network. The partnership was launched the beginning of March. ...

Ferro Schedules First Quarter 2003 Earnings Release and Conference Call.

Mar 28, 2003 ... Ferro Corporation announced today it will release first quarter 2003 earnings before the market opens on Tuesday, April 22, 2003. A conference call to discuss earnings will follow the release at 11 a.m. Eastern Time. If you wish to participate in the call, dial (877) 310-1794 ...

Media Source, Inc. Announces Fourth Quarter/Year-End Results.

Mar 28, 2003 ... Media Source, Inc. (BULLETIN BOARD: MESH) today announced net income of $691,836 ($2.14 per share) on revenues of $2,006,041 for the fourth quarter ended December 31, 2002. This compares to net income of $314,066 ($0.97 per share) on revenues of $1,692,020 for the fourth quarter ended ...

Owens-Illinois Comments on Lower 2003 Outlook.

Mar 28, 2003 ... Owens-Illinois, Inc., today announced that various factors and conditions, principally higher natural gas costs and lower North American glass shipments are having a greater than expected negative impact on the Company's 2003 performance. The Company now believes that earnings for the ...

Southwest Bancorporation of Texas, Inc. to Present at SunTrust Robinson Humphrey's 32nd Annual Institutional Conference.

Mar 28, 2003 ... Southwest Bancorporation of Texas, Inc. , the largest independent bank holding company in Houston, will make a presentation at SunTrust Robinson Humphrey's 32nd Annual Institutional Conference on Monday, April 7 at 7:45 a.m. EDT. Paul B. Murphy, CEO and president, and Randall E ....

Sabre Virtually There Web Site Offers Immediate Travel Alerts and Information; Extensive Travel Information Gives Travelers Access to Ongoing Travel Warnings, Airport Security Procedures and Essential Travel Tips.

Mar 28, 2003 ... Sabre Holdings Corporation , the leading provider of technology, distribution and marketing services for the travel industry, today announced 'Travel Alerts and Information,' a special addition to the Sabre(R) Virtually There(R) Web site (www.virtuallythere.com ). 'Travel Alerts ...

A.M. Best Assigns Pooled 'A' Rating to State National Group.

Mar 28, 2003 ... State National Companies announced that A.M. Best, the premier source of insurance company ratings and information, has assigned an 'A' (Excellent) rating to its pooled subsidiaries, State National Insurance Company (SNIC) and State National Specialty Insurance Company (SNS). ...

TNP Enterprises Reports 2002 Results.

Mar 28, 2003 ... TNP Enterprises, Inc. (TNP) today announced income applicable to common stock of $13.0 million for the year ended December 31, 2002, as compared to a loss of $7.8 million for the comparable period in 2001. TNP's two principal subsidiaries are First Choice Power, Inc. (First ...

PMC Capital, Inc. and PMC Commercial Trust Announce Merger.

Mar 28, 2003 ... PMC Commercial Trust and PMC Capital, Inc. today announced that they have entered into a definitive merger agreement under which PMC Commercial Trust ("PMC Commercial") will merge with PMC Capital, Inc. ("PMC Capital"). Under the terms of the merger agreement, PMC Capital will ...

Preferred Shares of Boots & Coots Are Converted.

Mar 28, 2003 ... Boots & Coots International Well Control, Inc. announced today that its Subordinated Lender, The Prudential Insurance Company of America ("Prudential"), has converted 83,231 shares of 97,240 total shares of Boots & Coots Series G Cumulative Convertible Preferred Stock ("Series G") into ...

Harken's International Subsidiary Commissions Canacabare Pipeline in Colombia.

Mar 28, 2003 ... Harken Energy Corporation ("Harken") announced today that its international operating subsidiary, Global Energy Development PLC (London AIM Exchange: GED) ("Global"), has commissioned the operation of its Canacabare pipeline system located in Global's Alcaravan Association Contract block ...

Access Pharmaceuticals, Inc. Announces Conference Call for Year End Financial Results.

Mar 28, 2003 ... ACCESS PHARMACEUTICALS, INC. today announced that it will report its financial results for the fourth quarter and year ended December 31, 2002 on Monday, March 31st after the market closes. A conference call to discuss the results, as well as ongoing activities, will be held on Tuesday, ...

Advantage Marketing Systems Announces Year-End Financial Results.

Mar 28, 2003 ... Advantage Marketing Systems, Inc., , today announced net sales of $22.3 million for the year ended December 31, 2002 compared to sales of $28.4 million for the year ended December 31, 2001, a 21.6 percent decrease. Net loss for 2002 was $3.2 million, or $(0.73) per common ...

Citizens, Inc. Reports 7.3% Increase in Earnings.

Mar 28, 2003 ... Citizens, Inc. , reported net income of $4.3 million or $0.14 per share for the year ended December 31, 2002, compared to net income of $4.0 million or $0.14 per share during the same period in 2001, an increase of 7.3%. Increased production of new business coupled with increased net ...

FelCor Announces Preferred Dividends for First Quarter.

Mar 28, 2003 ... FelCor Lodging Trust Incorporated , the nation's second largest hotel real estate investment trust (REIT), today announced its first quarter preferred dividends. FelCor will pay a dividend of $0.4875 per share on its $1.95 Series A Cumulative Convertible Preferred Stock and $0.5625 per ...

Noble Energy, Inc. Presents at Howard Weil's 31st Energy Conference.

Mar 28, 2003 ... Noble Energy, Inc. announced today that Charles D. Davidson, the company's Chairman, President and CEO will present at Howard Weil's 31st Energy Conference in New Orleans on Monday, March 31 at 3:15 p.m. central standard time. Copies of Mr. Davidson's presentation handouts will ...

FMC Technologies Announces Schedule Change - New Time for 1st Quarter 2003 Earnings Teleconference.

Mar 28, 2003 ... FMC Technologies, Inc. today announced the following schedule change (a new time) for its first quarter 2003 earnings teleconference: <Pre> -- 1st Quarter 2003 Earnings Release: Monday, April 28, 2003, following close of business, by PR Newswire distribution and FMC ...