latest news releases from the newsroom
Allied Irish Banks, p.l.c.
Regulators sign written agreement with AIB and Allfirst
BALTIMORE, May 16, 2002 (PRIMEZONE) -- The Federal Reserve Bank of Richmond, The Maryland Commissioner of Financial Regulation and the Central Bank of Ireland have signed a written agreement with Allied Irish Banks plc, Allfirst Financial Inc and Allfirst Bank (NYSE:AIB) (AIBPR;FMBPR) setting out the steps to be taken as a result of the Allfirst Treasury fraud disclosed last February.
Tele2 AB Annual general meeting of shareholders
STOCKHOLM, Sweden, May 16, 2002 (PRIMEZONE) -- Tele2 AB ("Tele2"), (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:TEL2A and TEL2B), the leading alternative pan-European telcommunications company, today announces that all resolutions proposed to its Annual General Meeting (AGM) of shareholders in Stockholm earlier today were duly passed.
Prevas Bioinformatics Wins Strategic Contract from Alpha Helix
STOCKHOLM, Sweden, May 16, 2002 (PRIMEZONE) -- Prevas Bioinformatics in Uppsala has won a contract to implement and evaluate algorithms for analysis of result data from Alpha Helix real time PCR instrument. The algorithms cover analysis of both quantification and melting point analysis. One bioinformatics consultant carries out the mission during a period of at least six moths.
American Physicians Service Group, Inc.
American Physicians Service Group, Inc. Reports First Quarter Earnings
AUSTIN, Texas, May 16, 2002 (PRIMEZONE) -- American Physicians Service Group, Inc. ("APS") (Nasdaq:AMPH) today announced results for the first quarter of 2002. For the three months ended March 31, 2002, revenues increased by 72% to $9,623,000 from $5,588,000 in the comparable year-ago period. Excluding one-time investment gains, revenues increased $351,000 or 6%. Net earnings of $2,602,000, or $1.07 per diluted share in the current quarter, compares to net earnings of $125,000 or $.05 per diluted share in the same quarter of 2001. Excluding one-time investment gains, net income increased 36% to $170,000 or $0.07 per diluted share.
PIMCO Hires Emerging Markets Specialist
SINGAPORE, May 16, 2002 (PRIMEZONE) -- PIMCO, one of the world's leading fixed-income asset management companies, is pleased to announce that Aaron Low has joined the firm as an emerging markets specialist and international portfolio manager.
Findexa II AS Announces an Exchange Offer for Its Outstanding Notes Guaranteed on a Senior Subordinated Basis by Findexa I AS
OSLO, Norway, May 16, 2002 (PRIMEZONE) -- Findexa II AS and Findexa I AS today announced that on May 13, 2002, they commenced an Exchange Offer to exchange the new e145,000,000 10 1/4% Senior Notes due 2011 issued by Findexa II AS and guaranteed by Findexa I AS which have been registered under the U.S. Securities Act of 1933, as amended, pursuant to a registration statement declared effective on May 8, 2002, for the outstanding e145,000,000 10 1/4% Senior Notes due 2011 issued by Findexa II AS on December 10, 2001 and guaranteed by Findexa I AS. The Exchange Offer will remain open until 5:00 p.m., New York time, on June 12, 2002.