latest news releases from the newsroom
Dow Jones Indexes
STOXX Ltd. to License Dow Jones EURO STOXX to BNP Paribas as Basis of Exchange-Traded Fund
ZURICH, Switzerland, Oct. 10, 2005 (PRIMEZONE) -- STOXX Limited, the leading European index provider, today announced that it has licensed its Dow Jones EURO STOXX index to BNP Paribas as the underlying index for an exchange-traded fund (ETF). The Dow Jones EURO STOXX index is the first broad Euro zone index that has been licensed as underlying for an ETF in France. The ETF that will be part of the EasyETF range managed by BNP Paribas and AXA Investment Managers will be launched on October 14, 2005 on Euronext.
HCC Insurance Holdings, Inc.
HCC Estimates Rita Loss and Comments on Earnings Outlook
HOUSTON, Oct. 10, 2005 (PRIMEZONE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) announced today that the Company estimates a gross loss of $70 million from Hurricane Rita arising primarily from onshore and offshore energy, property, marine and other specialty lines of business. This loss is estimated to be $20 million net of reinsurance including reinsurance reinstatement costs, $13 million after tax, and will reduce third quarter earnings of the Company by approximately $0.12 per diluted share.
Walt Disney Internet Group
For Families, Halloween Second Only to Christmas
NORTH HOLLYWOOD, Calif., Oct. 10, 2005 (PRIMEZONE) -- When it comes to holidays, Halloween is a family favorite ranking second only to Christmas in a recent online survey. FamilyFun.com, the premier online family resource for creative solutions, polled its users on Halloween popularity and preferences, finding that many families begin planning for the spook-fest months in advance and prefer homemade costumes.
PlateSpin Optimized For Microsoft Virtual Server
TORONTO, Oct. 9, 2005 (PRIMEZONE) -- PlateSpin(R) Ltd today announced that their patent-pending OS Portability PowerX product line is optimized for Microsoft's current and future virtualization technologies, including Microsoft Virtual Server 2005 R2, through its licensing of the Microsoft virtual hard disk (VHD) format. PlateSpin shares with Microsoft a focus on enabling self-managing dynamic systems that deliver higher business value through automation, flexible resource utilization, interoperability and knowledge-based processes. PlateSpin PowerConvert works with Microsoft Virtual Server to optimize the data center by automating migrations and accelerating server consolidation projects. Additionally, PowerConvert is ideal for ensuring business continuity through rapid infrastructure independent recovery, and easing test lab deployment and development.
SmallCap Sentinel: Speed Thrills -- Emergent Technology Revs Recreational Market
IRVINE, Calif., Oct. 10, 2005 (PRIMEZONE) -- The informational report "Analyst Notes: Technology Growth, Emerging Companies & Emerging Markets" has been made available free of charge at www.SmallCapSentinel.com and will address the rise of technology in emerging markets, drawing parallels between companies dominating these spaces and emerging companies. The report will discuss the advent of innovative technology-driven companies including leading recreational vehicle makers Fountain Powerboat Industries Inc. (AMEX:FPB), Brunswick Corporation (NYSE:BC), Marine Products Corporation (NYSE:MPX), and Harley Davidson (NYSE:HDI).