latest news releases from the newsroom
Renegade Venture Corporation
Renegade Venture Announces Third Quarter 2003 Results and Continued Revenue Growth
TUCSON, Ariz., Nov. 13, 2003 (PRIMEZONE) -- Renegade Venture (NEV.) Corporation (OTCBB:RDVN) today announced its consolidated operating results for Renegade and its wholly owned subsidiary, Hamilton Aerospace Technologies, Inc., for the third quarter of 2003, in advance of its quarterly report, which it expects to file today. All commercial operations are conducted in Hamilton Aerospace, whose revenues consist primarily of revenues received for maintenance, repair, overhaul and modification (MROM) services to large commercial jet aircraft and sales of materials consumed while providing services.
Tekron, Inc. Announces Partnering of the Technology of Biovirus to Advance the Genomic Computational Analysis Platform
FT. LAUDERDALE, Fla., Nov. 13, 2003 (PRIMEZONE) -- Tekron, Inc. (OTCBB:TKRN) is proceeding to partner and negotiate licensing for the products and technology platform of Biovirus. Biovirus is using its proprietary mathematical technology platform and immunologic expertise to build a library of novel, synthetic antigens because it believes that such antigens will be the key active component(s) of future preventative and therapeutic vaccine products. Biovirus is further committed to partnering with innovative developers and marketers of pharmaceutical and diagnostic products with the goal of making its products available to patients around the world. The Company's principal offices are located in Reno, Nevada.
Lansforsakringar continues to grow in banking and insurance
STOCKHOLM, Sweden, Nov. 13, 2003 (PRIMEZONE) -- Lansforsakringar: As shown in the quarterly statistics for the third quarter of 2003 released by the Association of Swedish Insurance Companies, Lansforsakringar's market share in non-life insurance rose by 1.3 percentage points to 30.3%. The market share in life assurance measured in new sales rose by 1.4 percentage points to 10.8%. Lansforsakringar's banking operations also continue to grow. The market share in deposits increased during the period September 2002 to September 2003 from 2.5% to 2.8%.
Horizon Offshore Inc.
Horizon Offshore Reports Third Quarter Results
HOUSTON, Nov. 13, 2003 (PRIMEZONE) -- Horizon Offshore, Inc. (NASDAQ:HOFF) today reported a net loss for the quarter ended September 30, 2003 of $(0.3) million, or $(0.01) per share-diluted. This compares with net income of $1.8 million, or $0.07 per share-diluted, for the third quarter of 2002. For the third quarter of 2003, gross profit was $7.5 million, or 9.4 percent, on contract revenues of $79.8 million, compared with gross profit of $11.6 million, or 17.9 percent, on contract revenues of $65.0 million for the third quarter of 2002.
HEAD NV: Winter Sports
ROTTERDAM, The Netherlands, Nov. 13, 2003 (PRIMEZONE) -- HEAD Winter Sports continues global advanceNovember 13, 2003. Although market conditions continue to be difficult for the winter sports industry as a whole and sales volumes internationally continue to decline, HEAD has posted increases in all its product groups -- skis, bindings, boots, snowboards - in all its markets worldwide, and has continued to consolidate its market position internationally.
NCC to build road tunnel on Faeroe Islands for SEK 270 million
SOLNA, Sweden, Nov. 13, 2003 (PRIMEZONE) -- NCC has been commissioned by Nordoyatunnilin, which is owned by the Government of the Faeroe Islands, to build a road tunnel between two of the Faeroe Islands. In total, this construction assignment is worth SEK 316 million, of which NCC's share is approximately SEK 270 million.