latest news releases from the newsroom
If Women Ruled the World -- New book has women calling the shots while the world is at war
BETHEL PARK, Pa., Nov. 12, 2002 (PRIMEZONE) -- Are women kinder and gentler than men? Do they cause less trouble, less crime? Would the world be a better place if women were in charge of everything and men were, at best, an irrelevance? "The Feminine Solution to All the World's Problems" (now available through 1stBooks Library), by Harold Cramer, is a political suspense novel exploring these questions. It is a story about some people who thought so, and what they tried to do about it.
Blyth, Inc. Affirms Third Quarter and Full Year Earnings Expectations; Increases Cash Flow Estimate
GREENWICH, Conn., Nov. 12, 2002 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH) a leader in the candles, home fragrance and giftware industry, reiterated today expectations that third quarter Earnings Per Share will be between $0.61 and $0.64 and that full fiscal year 2003 Earnings Per Share will be in excess of $2.00, prior to giving effect to the $0.10 per share impact of change in accounting principle effected by SFAS 142. Including the impact of change in accounting principle effected by SFAS 142, fiscal year 2003 Earnings Per Share are expected to be in excess of $1.90. Management's previous estimate of cash flow from operations of $110 million or higher for fiscal year 2003 has been increased to $125 million or higher due to continued improvements in working capital management. Management anticipates high single-digit sales growth for the full year, and capital expenditures will total approximately $20 million in fiscal year 2003.
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Third Quarter Results for 2002
WEST PALM BEACH, Fla., Nov. 12, 2002 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) today reported a net loss in the third quarter of 2002 of $(4.0) million or $(0.06) per share compared to a net loss of $(72.9) million or $(1.08) per share in the third quarter of 2001. For the nine months ended September 30, 2002 the Company reported a net loss of $(58.7) million or $(0.87) per share compared to a net loss of $(117.9) million or $(1.75) per share in the same period of 2001.
Stockholmsborsen: JM and Karlshamns Voted Best at Financial Reporting
STOCKHOLM, Sweden, Nov. 12, 2002 (PRIMEZONE) --Stockholmsborsen today announced that the jury in the "Best Financial Reporting in 2001" competition has awarded first prize to JM AB in the large company category and Karlshamns AB (Stockholm:KAB) in the small company category. The aim of this annual competition -- arranged by Stockholmsborsen -- is to encourage companies to improve and develop their market information.