latest news releases from the newsroom
Tele2 Board Announcement
STOCKHOLM, Sweden, March 09, 2004 (PRIMEZONE) -- It is with great sadness that Tele2 AB announces that its Board Member, Mr. Hakan Ledin, has passed away at the age of 66 years.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Tuesday, March 9, 2004: LPLHA, EBAY, SYMC, VRTS
WESTON, Fla., March 9, 2004 (PRIMEZONE) -- TheSUBWAY.com announces LocatePlus Holdings Corp. (OTCBB:LPLHA) to its Stock Focus List. LPLHA is new to TheSUBWAY.com, and we expect great things from this stock! Watch this company; it has announced great news, and we think it is due to make a move in the near term! Other stocks highlighted include:
DMT Energy, Inc.
DMT Energy Inc., Reports Acadia Well Tie-In Completed, and Preliminary Flow Rates are Significantly Higher than Expected
CALGARY, Alberta, Canada, March 9, 2004 (PRIMEZONE) -- DMT Energy, Inc. ("DMT" or the "Company") (Pink Sheets:DMTY) reports that Endless Energy Corp. ("Endless" or the "Operator") (TSX Venture Exchange:EEC), Operator of the 5-28 Acadia well, has notified DMT that the well tie-in was completed sooner than expected and that gas is now being delivered to market. Furthermore DMT reports that the company will now be cash flow positive from the sale of gas at Acadia. Endless has also advised that the orifice plate used to maintain flow and production rate will be changed to increase flow due to significantly greater than expected well head pressure. By replacing the orifice plate and increasing the flow of gas the Operator will be better able to control and stabilize the much higher than expected flow rates. Due to increased pressure the Company will re-evaluate reservoir potential which appears to be higher than initially expected.
Discovery Laboratories, Inc.
Discovery Laboratories Successfully Completes Phase 1b Asthma Clinical Trial
DOYLESTOWN, Pa., March 9, 2004 (PRIMEZONE) -- Discovery Laboratories, Inc. (Nasdaq:DSCO), a biopharmaceutical company developing its proprietary surfactant technology as Surfactant Replacement Therapies for respiratory diseases, announced the successful completion of a Phase 1b clinical trial to evaluate the tolerability and lung deposition of its humanized lung surfactant, delivered as an inhaled aerosol (development name DSC-104), to treat patients with asthma.
Several credit-rating institutes confirm Volvo credit rating and increase outlook
GOTEBORG, Sweden, March 9, 2004 (PRIMEZONE) -- A number of international credit-rating institutes during the past month have confirmed AB Volvo's credit rating. Most recently it was Moody's, which last week confirmed AB Volvo's short-term credit rating and long-term and raised the outlook. At the same time, the credit rating is recognition of the strategy of focusing on commercial vehicles that Volvo adopted since the sale of Volvo Cars.
Minera Andes, Inc.
Geophysics Received at Minera Andes' Los Azules Porphyry Copper/Gold Project, Argentina
SPOKANE, Wash., March 9, 2004 (PRIMEZONE) -- Minera Andes Inc., (TSX Venture Exchange:MAI) (OTCBB:MNEAF), is pleased to announce that a large anomaly has been identified using the MIMDAS deep penetration, high resolution induced polarization (IP) system at the Los Azules porphyry copper/gold system in San Juan province, central Argentina. The anomaly identified by the geophysics is beneath an area covered by glacial debris several hundred meters to the west of five recently completed drill holes. Several drill sites have been selected to conduct a preliminary test of the area if weather conditions allow.
Gunnebo today distributes its Swedish annual report for the 2003 financial year
STOCKHOLM, Sweden, March 9, 2004 (PRIMEZONE) -- Security group Gunnebo is distributing its Swedish annual report for the 2003 financial year today. It is being sent by post to shareholders who have indicated their wish to have it delivered and to other interested parties. The annual report can also be downloaded from Gunnebo's website at www.gunnebo.se (PDF reader required).
Prudential plc Scrip Dividend
London, UK, March 9, 2004 (PRIMEZONE) -- Prudential plc will again be offering a scrip dividend alternative in respect of the final dividend of 10.7p per ordinary share for the year ending 31 December 2003. The number of new shares each shareholder who elects to take scrip will be entitled to receive will be calculated by dividing the total cash dividend due on each holding of shares as at the record date (17 March 2004) by the reference price for each new ordinary share.