latest news releases from the newsroom
Pacific Sunwear of California, Inc.
Pacific Sunwear Announces November Sales
ANAHEIM, Calif., Nov. 30, 2006 (PRIME NEWSWIRE) -- Pacific Sunwear of California, Inc. (Nasdaq:PSUN) today reported that total sales for the four weeks of fiscal November ending November 25, 2006 were $110.9 million, an increase of 3.4 percent over total sales of $107.3 million during the same period last year. Total Company same-store sales decreased 3.8 percent during the same period. By concept, PacSun same-store sales decreased 2.6 percent and demo same-store sales decreased 10.0 percent compared to the same four week period last year.
SALE OF HOLDING IN VIKING REDNINGSTJENESTE AS EXECUTED
Bilia Norway has sold its holding in Viking Redningstjeneste AS. The sale was
announced in February 2006 and was conditional on the approval of the
competition authority. Such approval was not obtained, but the transaction is
now being executed at the buyer's risk.
The capital gain on the shares amounts to SEK 7.2 M as opposed to SEK 10.8 M as
previously stated. The difference is due mainly to the fact that the sellers of
Viking Redningstjeneste are keeping a property whose value share for Bi
Beacon Events Ltd
3G World Congress Heralds 2007 as a Crucial Year for Industry Development
HONG KONG, Nov. 29, 2006 (PRIME NEWSWIRE) -- In advance of the biggest week for the telecommunications industry since the turn of the millennium, the 11th Annual 3G World Congress and Mobility Marketplace (4 - 7th December) publicly urges the industry's key players to consider carefully their contribution to the stability of the world's communications infrastructure, and encourages them to engage in debate on a macro level, as well as focusing on their own products and revenue streams.
AMERCO / U-Haul
Oxford Life Insurance Company Upgraded by A.M. Best
RENO, Nev., Nov. 29, 2006 (PRIME NEWSWIRE) -- AMERCO (Nasdaq:UHAL) announced today that its subsidiary, Oxford Life Insurance Company (Oxford Life) has been upgraded by A.M. Best, the world's oldest and most authoritative insurance rating and information source, to B++ (Very Good) from B+ (Very Good). The rating increase also applies to Oxford Life subsidiary company Christian Fidelity Life Insurance Company (Texas). The rating outlook is stable.
TOUSA to Present NYSSA 10th Annual Homebuilding Conference
HOLLYWOOD, Fla., Nov. 29, 2006 (PRIME NEWSWIRE) -- TOUSA (NYSE:TOA) announced today that it will be presenting at the New York Society of Security Analysts (NYSSA) 10th Annual Homebuilding Conference on Wednesday, December 6, 2006. The presentation by Randy L. Kotler, Chief Accounting Officer and Interim Chief Financial Officer, is scheduled to begin at 1:00 p.m. ET.
TOUSA to Present at the Bank of America 2006 Credit Conference
HOLLYWOOD, Fla., Nov. 29, 2006 (PRIME NEWSWIRE) -- TOUSA (NYSE:TOA) announced today that it will be presenting at the 2006 Bank of America Credit Conference on Tuesday, December 5, 2006. The presentation by Randy L. Kotler, Chief Accounting Officer and Interim Chief Financial Officer, is scheduled to begin at 8:25 a.m. ET.