latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman and TRW Notify Justice Department of Intent to Complete Merger
LOS ANGELES, Nov. 27, 2002 -- Northrop Grumman Corporation (NYSE:NOC) and TRW Inc. (NYSE:TRW) jointly announced today that, in accordance with their agreement with the U.S. Department of Justice, they notified the Department of their intention to complete their merger transaction on Dec. 11, 2002. Northrop Grumman reports that it believes, based on discussions with the Department of Defense, that the Defense Department has recommended to the Justice Department that the transaction proceed. The recommendation is subject to the execution of a consent decree ensuring fair and open competition with respect to certain satellite technologies.
Hammerhead and Whizbang
Philadelphia City Paper Announces a 'Juicy' New Advertising Campaign by Hammerhead and Whizbang
PHILADELPHIA, Nov. 27, 2002 (PRIMEZONE) -- Philadelphia City Paper, the alternative arts, entertainment and news weekly published by CP Communications, Inc., announces the launch of a new advertising campaign. The campaign launched the first week of October and is slated to continue throughout the remainder of the year. Created by Hammerhead and Whizbang, a new Manayunk-based creative boutique, the campaign represents the first significant branding effort for the paper in a number of years. What makes the campaign unusual is the way it targets potential new readers and advertisers. "We set out to create a campaign that said, 'intelligence is sexy,'" says Rob Linsalata, Hammerhead and Whizbang Founder and co-Creative Director. "It's recognizing that these days people can't be put into pat little categories. And City Paper readers, above all others, defy dim-witted categorization. They refuse to be put into a neat little box, and they aren't bothered in the least by their contradictions."
'Grand Slam' for Autoliv in EuroNCAP
STOCKHOLM, Sweden, Nov. 27, 2002 (PRIMEZONE) -- But it was also a success for Autoliv Inc. (NYSE:ALV) (Stockholm:ALIV), which is the only safety company that supplies all four vehicles.
Nordea Securities Reassesses Strategy and Closes Offices in London and New York
STOCKHOLM, Sweden, Nov. 27, 2002 (PRIMEZONE) -- Following a strategic reassessment it has been decided that Nordea (Other OTC:NRDAF) (Stockholm:NDA) Securities' operations in London and New York will be closed with immediate effect. The decision affects 40 employees within Equities, Research, Corporate Finance and Business Support, of whom 31 are based in London.
Abrams Hospitality Marketing
Stephanie Abrams, Travel Expert Host of Business Talk Radio Network's 'Travel With Stephanie Abrams!' Speaks with Patriarch Henry Steinway, of Steinway & Sons, at NYC's Buckingham Hotel
NEW YORK, Nov. 27, 2002 (PRIMEZONE) -- Over 300 VIPs in art, music, fashion, and travel flocked to NYC's Buckingham Hotel for the installation of portraits by celebrated artist, Arbit Blatas, at which his wife, opera singer Regina Resnik, Henry Steinway, and Stephanie Abrams, travel expert and host of the nationally syndicated radio show, "Travel With Stephanie Abrams!" on the Business Talk Radio Network, addressed the evening's theme: The Celebration of the Expression of Music Through Art. Resnik, who graciously loaned the portraits of Artur Rubinstein and cellist Mstislav Rostropovich, displayed in the hotel's lobby at 101 W. 57th Street, next to Steinway Hall and across the street from Carnegie Hall, shared her experiences and memories of her husband's relationship with famous artists and performers that he painted.
Telia and BT Create Wireless Broadband Partnership
STOCKHOLM, Sweden, Nov. 27, 2002 (PRIMEZONE) -- Telia (Other OTC:TLAAF) (Stockholm:TLIA) has signed a roaming agreement for public Wireless-LAN with BT Openzone, BT's new service providing wireless broadband access. Telia currently has roaming agreements in Italy and Aland.