latest news releases from the newsroom
Publication of Prospectus, KLIPPAN AB (publ)
KLIPPAN, Sweden, Dec. 02, 2005 (PRIMEZONE) -- The board of KLIPPAN AB (publ) has issued a prospectus relating to a new share issue with priority right. The prospectus is available in its entirety from the company as from 1 December 2005 at the address: KLIPPAN AB, SE-264 23 Klippan, Sweden, tel +46 (0)771-11 00 00 and from Nordea Corporate Finance H115, Hamngatan 10, SE-105 71 Stockholm, Sweden, tel +46 (0)8-614 87 80.
Boeing's new 747 Creates Work for Volvo Aero
GOTEBORG, Sweden, Dec. 2, 2005 (PRIMEZONE) -- The aircraft manufacturer Boeing has decided to invest in a new and larger version of today's Boeing 747. Volvo Aero is a partner in the only engine offered to customers of Boeing's new 747-8.
Skanska Sells Two Properties in Warsaw for SEK 805 M
STOCKHOLM, Sweden, Dec. 2, 2005 (PRIMEZONE) -- Skanska has sold two properties in the city center of Warsaw -- Atrium Plaza and Atrium Centrum. The price is SEK 805 M and the gain on the sale will amount to SEK 174 M, which is being reported in the fourth quarter. The buyer is Polonia Property Fund L.P. managed by the Irish bank AIB.
Findexa Limited -- Delisting
OSLO, Norway, Dec. 2, 2005 (PRIMEZONE) -- The shares in Findexa Limited ("Findexa") will be suspended from the Oslo Stock Exchange with effect from end of trade at Oslo Stock Exchange today following the completion of the announced Scheme of arrangement by today's sanctioning of the Royal Court of Jersey pursuant to article 125 of the Companies (Jersey) Law 1991, and subsequently de-listed next week following the Oslo Stock Exchange's formal resolution. The last day of dealings in Findexa shares on the Oslo Stock Exchange will therefore be today and no transfer in Findexa shares after end of trade at Oslo Stock Exchange today will be registered in VPS or on the Oslo Stock Exchange.
Sunwest Bank Announces New President, CEO
TUSTIN, Calif., Dec. 1, 2005 (PRIMEZONE) -- Sunwest Bank (OTCBB:SWBC) today announced that it has hired Glenn E. Gray to be its president and CEO. Gray will lead the local business bank which focuses on serving small to mid-sized companies. Additionally, Gray will serve as a member of the bank's Board of Directors.
Parker Waichman Alonso LLP
Parker & Waichman, LLP Files Motion Before the Judicial Panel on Multidistrict Litigation Requesting Consolidation of Ortho Evra Product Liability Lawsuits -- JNJ
NEW YORK, Dec. 1, 2005 (PRIMEZONE) -- Parker & Waichman, LLP (http://www.yourlawyer.com) announced that it has filed a motion before the Judicial Panel on Multidistrict Litigation requesting consolidation of pharmaceutical liability lawsuits involving the Ortho Evra transdermal birth control patch. The motion, which was filed pursuant to 28 U.S.C. No. 1407, and Rule 7.2 of the Rules of Procedure for the Judicial Panel on Multidistrict Litigation, requests the transfer of all related actions to the District of New Jersey for consolidated pre-trial proceedings. The motion was filed on behalf of Lydia M. Lilly, the plaintiff in Lydia M. Lilly v. Ortho-McNeil Pharmaceutical, Inc., et al. (Civil Action No. 2:05-cv-04313 (D. New Jersey). Ortho Evra is manufactured by Ortho McNeil, a subsidiary of Johnson & Johnson (NYSE:JNJ), which is based in New Jersey. Ortho Evra has been associated with potentially fatal side effects including strokes, pulmonary emboli, blood clots, deep vein thrombosis and heart attacks. For more information on Ortho Evra, please visit http://www.orthopatchlawsuit.com or http://www.yourlawyer.com/practice/overview.htm?topic=Ortho%20Evra%20Patch.
NorthStar Realty Finance Corp.
NorthStar Realty Finance Announces Closing on Sale of Times Square Property
NEW YORK, Dec. 1, 2005 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) announced that yesterday it closed on its sale of 1552 Broadway in New York City to The Riese Organization's Restaurant Division, National Restaurants Management Inc., for a purchase price of $48 million, or $3,970 per square foot. The four-story, 12,091 square foot building is located at the corner of Broadway and West 46th Street in the heart of Times Square. NorthStar Realty was represented by Sonnenblick-Goldman Company in this transaction.