latest news releases from the newsroom
New Step in Eureko - Rabobank Co-operation
UTRECHT, Netherlands, April 27, 2005 (PRIMEZONE) -- Eureko, the parent company of Achmea, and the Rabobank Group, are broadening their current co-operation. Today, both parties announced a further step in which Interpolis, the insurance arm of the Rabobank Group, is to merge with Achmea, the Dutch insurance arm of Eureko. Rabobank's shareholding in Eureko is to increase from 5% to 37%. This transaction will result in an insurance group, which consists of a very large Dutch insurer, and with significant activities in a number of other European countries.
Scatamacchia Named President and Chief Executive Officer of Hardin's-Sysco Food Services, LLC
HOUSTON, April 27, 2005 (PRIMEZONE) -- SYSCO Corporation (NYSE:SYY), North America's largest foodservice marketer and distributor, today announced that Peter J. Scatamacchia has been named president and chief executive officer of Hardin's-Sysco Food Services, LLC, a broadline distribution subsidiary located in Memphis, Tennessee. Mr. Scatamacchia, who currently serves as president and chief executive officer of Sysco / Louisville Food Services Company, will assume his new position effective immediately. He succeeds William R. Bowden, who is retiring from the company following a 27-year career at SYSCO.
Financial Executives International
LA Chapter of Financial Executives International Announces Monthly Meeting For Members
LOS ANGELES, April 27, 2005 (PRIMEZONE) -- The Los Angeles chapter of Financial Executives International (FEI) held its monthly meeting Thursday, April 21, at the Jonathan Club in downtown Los Angeles. This month's meeting featured a presentation by distinguished speaker Lisa S. Thompson, vice president of the Strategic Pricing Group, Inc. The presentation was titled "Don't Just Set Prices, Manage Them Strategically" and addressed many pricing issues facing companies from a CFO's perspective. The key point of the discussion was that many companies erroneously believe that something is wrong with the price of their products or services simply because some customers tell them that their price is too high. Included in the presentation were several options for senior executives to use to better understand their customers' businesses and how to price their deliverables accordingly, maximizing profits.
Biotage AB: Interim Report January -- March 2005
STOCKHOLM, Sweden, April 27, 2005 (PRIMEZONE) -- Sales developed considerably slower in the first quarter than expected. However, the order intake increased compared to last year. Group sales decreased by a total of 15.0 MSEK in the first quarter 2005 compared to the same period last year. We believe that the company's strong market position has been maintained in spite of lower sales during this quarter.