latest news releases from the newsroom
Toll Brothers, Inc.
Toll Brothers to Present at JP Morgan Annual High Yield Conference
HUNTINGDON VALLEY, Pa., Jan. 24, 2003 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will be making a presentation to the investment community at the JP Morgan Annual High Yield Conference on Monday, January 27, 2003. The slides of the presentation may be viewed by visiting www.tollbrothers.com, then clicking on the Investor Relations page, then clicking on the section titled "Power Point Presentations".
Frontec President and CEO Per Tjernberg Resigns
SOLNA, Sweden, Jan. 24, 2003 (PRIMEZONE) -- Per Tjernberg, President and CEO of Frontec (Other OTC:FRNRF), plans to leave the company in connection with this year's Annual General Meeting to accept a position at Ericsson.
Investor AB Year-End Report 2002
STOCKHOLM, Jan 24, 2003 (PRIMEZONE) -- Investor's net asset value on December 31, 2002 amounted to SEK 62,869 m. (SEK 82 per share), compared with SEK 118,284 m. on December 31, 2001 (SEK 154 per share). In the fourth quarter, Investor's net asset value increased SEK 5,955 m.
TDC to increase ownership of TDC Switzerland
COPENHAGEN, Denmark, January 24, 2003 (PRIMEZONE) -- TDC A/S (NYSE:TLD) has been notified by Dolomite Finance Limited, a minority share-owner in TDC Switzerland, that it will exercise its right to sell its 14.88% stake to TDC A/S for a total of CHF 1.147bn (DKK 5.818bn).The remaining minority shareholders in TDC Switzerland are expected to exercise their put options no later than February 22, 2003, bringing TDC's total ownership of TDC Switzerland to 100%.
Scribona: IT Market Weaker than Anticipated in Fourth Quarter
SOLNA, Sweden, Jan. 24, 2003 (PRIMEZONE) -- In the fourth quarter of 2002 Scribona experienced a weaker Nordic IT market than anticipated. Against this background, Scribona's board of directors expects the company to achieve sales of MSEK 3,600 and report operating income of around MSEK 0 for the fourth quarter of 2002.