latest news releases from the newsroom
President of Skanska USA Building to leave the company
STOCKHOLM, Sweden, Feb. 1, 2005 (PRIMEZONE) -- Mike Healy, President of the Skanska USA Building unit will leave the company immediately. Until a permanent replacement is named, Johan Karlstrom, Executive Vice President Skanska AB, will head the business unit as acting president.
Tele2 Acquires Tiscali's Danish Operations
NEW YORK and STOCKHOLM, Sweden, Feb. 1, 2005 (PRIMEZONE) -- Tele2 AB ("Tele2") (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen: TEL2A and TEL2B), the leading alternative pan-European telecommunications company, today announced that it has acquired Tiscali's Danish operations, Tiscali Denmark A/S, for MEUR 20.7 on a debt-free basis.
Vestin Group, Inc.
Vestin Group Files 8-K Relating to Anticipated Move From Nasdaq SmallCap to OTC Bulletin Board
LAS VEGAS, Jan. 31, 2005 (PRIMEZONE) -- Vestin Group Inc. (Nasdaq:VSTN) today announced that it has received notification from Nasdaq stating that the company's common shares will be delisted from The Nasdaq SmallCap Market effective at the opening of business on February 3, 2005. Nasdaq said the deslisting is based upon its staff's determination that Vestin does not meet the minimum publicly held shares required for continued inclusion in the SmallCap Market.
Toll Brothers, Inc.
Toll Brothers' Website to Broadcast Its February 8, 2005 'First Quarter 2005 Outlook' Conference Call Live
HORSHAM, Pa., Jan. 31, 2005 (PRIMEZONE) -- Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, will broadcast live on its website, www.tollbrothers.com, a conference call to discuss its preliminary results and outlook for first quarter and fiscal year 2005. The event is scheduled for 2:00 p.m. (EST) on Tuesday, February 8, 2005. It will follow announcement of the Company's first quarter 2005 preliminary results for home building revenues, contracts and backlog before the market opens on Tuesday, February 8, 2005. The call will be hosted by Robert I. Toll, Chairman and Chief Executive Officer.
FutureVest Reorganizes and Launches Venture Banking Operations
LOS ANGELES, Jan. 31, 2005 (PRIMEZONE) -- FutureVest, Inc. (Pink Sheets:FTVT), formerly operating as Diamond WorldWide, Inc., today announced that it has reorganized its operations and will immediately continue its Venture Banking and Investment activities under its new name, FutureVest, Inc. FutureVest launched operations in 1986 and in the last two years has provided a series of venture capital investment and corporate finance services to a number of promising young entrepreneurial lead ventures which now makes up its initial venture banking and investment ("VBI") portfolio:
NetMusic Entertainment Corporation
NetMusic Entertainment Seeks Listing on Major Exchange
SEATTLE, Jan. 31, 2005 (PRIMEZONE) -- NetMusic Entertainment (Pink Sheets:NTMT) is pleased to announce that it is seeking to graduate from the Pink Sheets to a listing on a major stock exchange. Currently the company is consulting with both counsel and market advisors to prepare the company for a move to either the AMEX or NASDAQ. The company is preparing all necessary documentation to satisfy the regulatory requirements necessary for the move.