latest news releases from the newsroom
Smedvig Reports Results for Second Quarter 2003
STAVANGER, Norway, August 6, 2003 (PRIMEZONE) -- Smedvig (NYSE:SMVa) (NYSE:SMVb) reported today consolidated operating profit for the second quarter of NOK 145 million as compared to NOK 59 million in the previous quarter. The increase primarily reflects the increased utilization of the drilling units. Operating profit for the first half year was NOK 204 million as compared to NOK 313 million for the same period in 2002.
Occidental Petroleum Corp.
Occidental's Corporate Governance Receives Top Rating
LOS ANGELES, August 6, 2003 (PRIMEZONE) -- Occidental Petroleum Corporation (NYSE:OXY) said today that GovernanceMetrics International (GMI), an independent governance agency, awarded Occidental its highest corporate governance score. Occidental was one of fifteen US and two Canadian firms, out of a total of 1,000 US and 600 non-US companies, to receive a top score of 10.0.
The O.T. Mining Corporation
The O.T. Mining Corporation Announces The Addition of Two New Members to Its Board of Directors
MONTREAL, Quebec, August 6, 2003 (PRIMEZONE) -- The O.T. Mining Corporation (Pink Sheets:OTMN), is pleased to announce that two members of the Company's highly qualified and dedicated technical team, Oliver T. Maki, P.Geo. and Dr. Mark Fedikow, PhD, P.Geo., P. Eng., have joined The O.T. Mining Corporation's Board of Directors.
DataCore Develops Dual-Mode Driver Integrating Emulex Host Bus Adapters Within SANsymphony Storage Virtualization Solution
COSTA MESA, Calif. and FT. LAUDERDALE, Fla., Aug. 6, 2003 (PRIMEZONE) -- Emulex Corporation (NYSE:ELX), the world's leading supplier of storage networking host bus adapters (HBAs), announced today that DataCore Software, a leading provider of enterprise-class, open-storage networking software, has developed a dual-mode driver solution that enables both host and target connectivity support for Emulex HBAs embedded in the DataCore SANsymphony(TM) virtualization solution. DataCore's SANsymphony software, when installed on standard Wintel Servers populated with Emulex HBAs, delivers a low-cost storage virtualization platform that offers high-performance and heterogeneous storage management. Additionally, its new dual-mode driver enables DataCore to utilize the same high performance Emulex HBAs for concurrent target and initiator connectivity within SANsymphony, drastically reducing solution cost and complexity.
Old Mutual plc
Old Mutual plc Interim results -- Presentation
LONDON, Aug. 6, 2003 (PRIMEZONE) -- Old Mutual plc ("Old Mutual") (Other OTC:ODMTF) (LSE:OML) will tomorrow, be hosting a presentation in London and in Johannesburg for investors and analysts on its interim results for the six months ended 30 June 2003.