latest news releases from the newsroom
Golar LNG: Insider Transaction
OSLO, Norway, June 20, 2003 (PRIMEZONE) -- CEO in Golar LNG Ltd. (Nasdaq:GLNG), Tor Olav Troeim, has as of 19 June renewed an existing forward contract, reported 19 December 2002, with a new obligation to buy 60,000 shares in Golar LNG. The new forward contract becomes effective as of 18 December 2003 at a price of NOK 70.34 per share. In addition to the purchased position Mr. Troeim holds an option through the employee option program to purchase 100,000 shares in Golar LNG Ltd.
The Cooper Companies, Inc.
Cooper Announces Pricing of $100 Million of Convertible Senior Debentures
LAKE FOREST, Calif., June 20, 2003 (PRIMEZONE) -- The Cooper Companies, Inc. (NYSE:COO) announced today that it has agreed to sell $100 million of 2 5/8% convertible senior debentures due 2023. The debentures will be convertible, under certain conditions, into shares of Cooper's common stock at an initial conversion price of approximately $44.40 per share. Cooper has also granted the initial purchasers a 30-day option to purchase up to an additional $15 million of debentures.
Allied Irish Banks, p.l.c.
Allied Irish Banks, p.l.c. Purchase of Own Shares
DUBLIN, Ireland, June 20, 2003 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) announces that on 19 June 2003, it purchased 1,805,000 of its ordinary shares, at an average price of 12.9678 Euro, to be held as treasury shares.
Strategic Distribution, Inc.
SDI Announces Extension of Stock Repurchase Program
BENSALEM, Pa., June 19, 2003 (PRIMEZONE) -- SDI (Strategic Distribution, Inc.) (Nasdaq:STRD), a leading provider of MRO supply chain management services, today announced that the Company's Board of Directors has authorized the extension of its 2002 stock repurchase program by approving the repurchase of up to 1,000,000 shares of Strategic Distribution Common Stock. The 2002 stock repurchase program expired June 12, 2003. The new program will begin immediately and is expected to continue for a period of one year unless further extended by the Company's Board.
Spector Roseman Kodroff & Willis, P.C.
Spector, Roseman & Kodroff, P.C. Announces the Filing of a Class Action Suit Against Guidant Corporation, Endovascular Technologies, Inc., Keith E. Brauer, Ronald W. Dollens and Jay Watkins -- GDT
PHILADELPHIA, JUNE 19, 2003 (PRIMEZONE) -- The law firm of Spector, Roseman & Kodroff, P.C. announces that a securities class action lawsuit was commenced in the United States District Court for the Southern District of Indiana on behalf of purchasers of the securities of Guidant Corporation ("Guidant" or the "Company") (NYSE:GDT) between June 23, 1999 through June 12, 2003, inclusive (the "Class Period").