latest news releases from the newsroom
Abbey Spanier Rodd & Abrams, LLP
Abbey Gardy, LLP Commenced Class Action Securities Fraud Suit Against Cosi, Inc. -- COSI
NEW YORK, April 1, 2003 (PRIMEZONE) -- Abbey Gardy, LLP commenced a Class Action lawsuit in the United States District Court for the District Court, Southern District of New York (03 CV 1053) on behalf of a class (the "Class") of all persons or entities who purchased securities of Cosi, Inc. ("Cosi" or the "Company") (Nasdaq:COSI) between November 21, 2002 and February 3, 2003, inclusive (the "Class Period"). The Complaint alleges that defendants violated Section 11 of the Securities Act of 1933 by issuing a false and misleading Registration Statement and Prospectus in connection with Cosi's initial public offering ("IPO") on November 21, 2002 of 5.5 million shares at $7 per share.
go-today.com: A Weekend in London - Air and 3 Nights Hotel From $299.00!
BOTHELL, Wash., April 1, 2003 (PRIMEZONE) -- This deal is so good -- our staff is packing their bags! An incredible, unheard of bargain! The weekend in London -- at a price that establishes an all time low during a peak season! Or, if 3 Nights is just not enough -- try our 6 Night package at an equally outstanding, astounding price! But, you better hurry -- this will not last!
Blyth, Inc. Increases Cash Dividend by 18%
GREENWICH, Conn., April 1, 2003 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home fragrance and decorative accessories, today announced that it has declared a semi-annual cash dividend of $0.13 per share on the Company's common stock for the six months ended January 31, 2003. This represents an increase of $0.02 per share, or approximately 18%, above the most recent dividend. The dividend, authorized at the April 1, 2003 Blyth Board of Directors meeting, will be payable to shareholders of record as of May 1, 2003, and will be paid on May 15, 2003.
Sales OnLine Direct
Sales OnLine Direct Reports FY '02 Results: Gross Revenues Up 31%, Gross Profit Up 80%
WORCESTER, Mass., April 1, 2003 (PRIMEZONE) -- Sales OnLine Direct (OTCBB:PAID) today announced financial results for its fourth quarter and fiscal year ended December 31, 2002. In fiscal year 2002, the Company earned $1,276,000 in gross revenues, an increase of approximately $304,000, or 31%, from the year ended December 31, 2001. The primary reason for the increase in revenues was a combination of greater sales of Company-owned product, offset by lower consignment sales.
Chitwood & Harley
Chitwood & Harley LLP Announces Filing of Class Action Lawsuit on Behalf Of Purchasers Of Securities of King Pharmaceuticals -- KG
ATLANTA, April 1, 2003 (PRIMEZONE) -- ATLANTA, April 1, 2003 (PRIMEZONE) -- Chitwood & Harley announces that it has filed a class action lawsuit in the United States District Court for the Eastern District of Tennessee, Northern Division at Greenville, on behalf of purchasers of securities of King Pharmaceuticals, Inc., ("King Pharmaceutical" or the "Company") (NYSE:KG) between February 16, 2000 and March 10, 2003 (the "Class Period"). A copy of a complaint in the action is available on our website, www.classlaw.com.
Chitwood & Harley
10 Days Left To File Lead Plaintiff Papers in Class Action Against Sawtek, Chitwood & Harley LLP Reminds Investors -- TQNT
ATLANTA, April 1, 2003 (PRIMEZONE) -- Chitwood & Harley LLP is plaintiff's counsel in a previously filed class action lawsuit pending in the United States District Court for the Middle District of Florida brought on behalf of persons who purchased Sawtek, Inc. ("SAWS") securities on the open market from January 27, 2000 through May 24, 2001 (the "Class Period"). SAWS is currently a subsidiary of TriQuint Semiconductor, Inc. (Nasdaq:TQNT). Chitwood & Harley LLP reminds investors that there are now only 10 days left within which to file lead plaintiff papers in this matter, if you are interested in doing so. The lead plaintiff deadline is April 11, 2003.
Income Opportunity Realty Investors, Inc
Income Opportunity Reports 2002 Net Income of $1.45 vs. $2.32 Net Loss in 2001; Fourth Quarter 2002 Net Loss of $.60 vs. $.18 Net Loss in Fourth Quarter 2001
DALLAS, April 1, 2003 (PRIMEZONE) -- Income Opportunity Realty Investors, Inc. (AMEX:IOT) Tuesday reported net income of $2.09 million, or $1.45 per share, on revenue of $11.02 million for the year ending December 31, 2002, as compared to a net loss of $3.46 million, or ($2.32) per share, on revenue of $10.36 million for the comparable period in 2001.