latest news releases from the newsroom
Northrop Grumman Corp.
Photo Release -- Northrop Grumman Employees Help Identify USS Monitor Artifacts
NEWPORT NEWS, Va., Nov. 19, 2003 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) employees recently provided X-ray services to identify artifacts recovered from the wreck of the USS Monitor. Northrop Grumman's Newport News sector provided the service at the request of conservators from The Mariners' Museum to help identify a dozen small artifacts recovered from the Civil War ironclad, which sank off the coast of Cape Hatteras, N.C. in 1862 and is now protected by a national marine sanctuary managed by the National Oceanic and Atmospheric Administration (NOAA).
iBX Group, Inc.
IBX Group, Inc. Reaches Out Year-Round To Non-Profit Healthcare Organizations, Children's Charities
DEERFIELD BEACH, Fla., Nov. 19, 2003 (PRIMEZONE) -- While many companies are busy making their lists of recipients for annual year-end charitable donations, iBX Group, Inc. (OTCBB:IBXG) is wrapping up another full year of giving. The company, which develops and deploys financial, administrative and technology solutions for the healthcare industry, distinguishes itself by proactively assisting non-profit healthcare organizations, as well as those that brighten the lives of children in South Florida.
Holzer Holzer & Fistel, LLC
Notice of Filing Securities Class Action Against Friedman's Inc., Victor M. Suglia and Bradley J. Stinn -- FRM
ATLANTA, Nov. 19, 2003 (PRIMEZONE) -- The Law Firm of Holzer Holzer & Cannon, LLC announced today that it has filed a class action lawsuit in the United States District Court for the Southern District of Georgia, on behalf of persons who purchased or otherwise acquired publicly traded securities of Friedman's Inc. ("Friedman's" or the "Company") (NYSE:FRM) during the period between December 20, 2002 and November 11, 2003, inclusive (the "Class Period") against Friedman's Inc., Victor M. Suglia and Bradley J. Stinn. The class action lawsuit was assigned civil action number CV403-228. A copy of the complaint filed in this action is available from the Court, or can obtained by emailing email@example.com.
Millicom International Cellular
Millicom receives the requisite consents pursuant to its tender offer and consent solicitation for its 11% Senior Notes due 2006 and its consent solicitation for its 2% Senior convertible payable-in-kind Notes
NEW YORK, LONDON and BERTRANGE, Luxembourg, Nov. 19, 2003 (PRIMEZONE) -- Millicom International Cellular S.A. ("Millicom") (Nasdaq:MICC) announced today that it has received the requisite tenders and consents from holders of its 11% Senior Notes due 2006 (the "11% Senior Notes") to amend the indenture governing the 11% Senior Notes. On November 7, 2003, Millicom commenced a cash tender offer and consent solicitation (the "11% Senior Notes Tender Offer") relating to all of the $395,219,000 outstanding principal amount of the 11% Senior Notes. The consent date relating to the consent solicitation expired at 5:00 p.m., EST, on Tuesday, November 18, 2003 (the "Consent Date"). On or prior to the Consent Date, holders of more than a majority of the outstanding principal amount of the 11% Senior Notes had tendered their 11% Senior Notes and consented to (i) the waiver of certain possible past defaults under, and (ii) proposed amendments to, the indenture governing the 11% Senior Notes and related documents. Among other things, these amendments will eliminate certain of the indenture's restrictive covenants, amend certain other provisions contained in the indenture and shorten the optional redemption notice period of the 11% Senior Notes.