latest news releases from the newsroom
Brodsky & Smith, LLC
Law Office of Brodsky & Smith, LLC Announces Class Action Lawsuit Against Vivendi Universal, S.A. -- V
BALA CYNWYD, Pa., July 23, 2002 (PRIMEZONE) -- Law offices of Brodsky & Smith, L.L.C. today announced that a securities class action lawsuit has been commenced on behalf of shareholders who acquired Vivendi Universal, S.A. (NYSE:V) securities between February 11, 2002 and July 3, 2002, inclusive (the Class Period).
Tasty Fries, Inc.
Tasty Fries Makes Third Installment Payment to California Food and Vending
BLUE BELL, Pa., July 23, 2002 (PRIMEZONE) -- Tasty Fries(r), Inc. (OTCBB:TFRY) today announced that it has made the third installment payment of $150,000 to California Food and Vending, Inc. (CFV) as part of the settlement made earlier this year in which Tasty Fries reacquired CFV's royalty rights for the sale of French Fry vending machines and the sale of potato product.
Andean American Mining Corp.
Andean American Mining Corp.: The Santa Rosa Project -- Additional Ground Acquired
VANCOUVER, B.C. July 23, 2002 (PRIMEZONE) -- Andean American Mining Corp. (TSX: AAG) is pleased report that the Company has staked 2,300 hectares of land adjoining the eastern edge of the Santa Rosa Property. The Santa Rosa Property is within the southern Intercordilleran Belt of the Peruvian Andes and is approximately 550 kilometres southeast of Lima. The addition of this 2,300 hectares increases the size of the Santa Rosa Property to 15,740 hectares (an increase of approximately 17% in total area - see map at Company website).
Universal Stainless & Alloy Products, Inc.
Universal Stainless Reports Second Quarter Results In Line With Revised Forecast
BRIDGEVILLE, Pa., July 23, 2002 (PRIMEZONE) -- Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) today reported net income for the second quarter ended June 30, 2002 of $777,000, or $0.12 per diluted share, on sales of $21.4 million. This compares with net income of $1.9 million, or $0.31 per diluted share, and sales of $24.2 million in the year ago second quarter.
Arete Industries, Inc.
Arete Industries, Inc. Announces Results of Annual Stockholders Meeting Held on July 2, 2002, Reverse Split and New Trading Symbol
BOULDER, Colo., July 23, 2002 (PRIMEZONE) -- Arete Industries, Inc. (OTCBB:ARET) (f/k/a OTCBB:AREE) announced today that the Company held its 2002 Annual Stockholders Meeting on July 2, 2002 and continued the vote tally through midnight, July 15, 2002. Thomas Raabe, CEO and Chairman, stated that the shareholders had overwhelmingly approved each of management's proposals including a floor proposal brought up at the meeting to amend the Company's articles and by-laws, if necessary, to conform to the new BBX Exchange listing requirements. The new board of directors held their annual meeting after the shareholders' meeting to implement these measures to move the Company forward, on an immediate basis.
Telenor: Presentation of Half Year Results
OSLO, Norway, July 23, 2002 (PRIMEZONE) -- Telenor will present their financial results for the first six months this year, second quarter included, on Friday, July 26, at 0900 hrs Norwegian time (GMT 1 hour). The presentation will be a joint press and analysts presentation in the Auditorium, Telenor Expo, Universitetsgt. 7 in Oslo.CEO Jon Fredrik Baksaas, Senior Executive Vice President and CFO Torstein Moland and Senior Executive Vice President and head of Telenor Mobile, Arve Johansen, will present the results.