latest news releases from the newsroom
Oneida to Consider Closure of Foodservice Distribution Center Located in Buffalo, NY
ONEIDA, N.Y., March 8, 2005 (PRIMEZONE) -- Oneida Ltd. (OTCBB:ONEI) today announced that it is considering closing its foodservice distribution center located in Buffalo, New York. This proposal comes as part of a multi-year project the Company began in 2004 to reevaluate and restructure its supply chain with the goals of improving efficiency and service levels and reducing costs. If, after further consideration and any required negotiations, the distribution center is closed, the Company would distribute its foodservice products from its existing Sherrill, New York, Miami, Florida and Chino, California distribution facilities. Should the decision be made to proceed with the closure, the facility would likely cease operation near the end of the second quarter of the Company's fiscal year ended January 2006.
Vales Consulting Group LLC
New Research Identifies Top Twenty Trends in Business Process Outsourcing
RYE, N.Y., March 8, 2005 (PRIMEZONE) -- The business process outsourcing (BPO) sector in the past several years has evolved from a high-potential, but unproven, business strategy to the center and key driver of business value for the $300 billion global outsourcing industry, according to a new analysis of global BPO trends by Vales Consulting Group. Key findings were recently published in a two-part series by the Shared Services and Business Process Outsourcing Association (SBPOA) and featured in the SBPOA's Thinking Points thought leadership channel at www.sharedxpertise.org.
The SAS Group Annual Report for 2004 Approved
STOCKHOLM, Sweden, March 8, 2005 (PRIMEZONE) -- The SAS Group's and the Parent company SAS AB's year end report for the fiscal year 2004 was approved by the SAS Board in SAS AB and was published on February 10th, 2005.
Timberline Resources Corporation
Timberline Resources Completes Fund Raising, Posts Audit
SPOKANE, Wash., March 8, 2005 (PRIMEZONE) -- Timberline Resources Corporation (Pink Sheets:TBLC) announced today that it has received net proceeds of $195,000 from existing investors who exercised warrants during a limited period in which the warrants were re-priced at $0.40 per share. Funds from the warrant re-pricing will be used for general corporate purposes.
Changes in TeliaSonera's Executive Management
STOCKHOLM, Sweden, March 8, 2005 (PRIMEZONE) -- Hakan Dahlstrom is appointed new Group Vice President of the TeliaSonera's Group unit Networks & Technology, as Lars-Gunnar Johansson, today Group Vice President of Networks & Technology, will be retiring after a highly appreciated career within the company.