latest news releases from the newsroom
Stock Commentary for the Nasdaq, Ciena, Qualcomm and Tyco from StockPickReport
SHREVEPORT, La.,, June 3, 2005 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Nasdaq 100, CIENA, QUALCOMM Incorporated, Tyco International Ltd /BER/.
Stock Ratings for Google, Nextel, Atmel, and Taiwan Semiconductor from StockPickReport
SHREVEPORT, La., June 3, 2005 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com -- the web's only non-mainstream stock rating service), rates Google, Nextel Communications Inc., Atmel Corporation and Taiwan Semiconductor Mfg Co Ltd.
QLogic Executives to Present at Bear Stearns Technology Conference
ALISO VIEJO, Calif., June 3, 2005 (PRIMEZONE) -- QLogic Corp. (Nasdaq:QLGC), the company that powers storage area networks (SANs), today announced that H.K. Desai, chairman, CEO and president, and Tony Massetti, vice president and CFO, will present at the Bear Stearns 16th Annual Technology Conference on Tuesday, June 7 at 11:30 a.m. Eastern Time in New York City. The conference will be held at the Grand Hyatt New York hotel.
Humana Trans Services Holding Corporation
Humana Trans Services Holding Corp. Sells Payroll Division Subsidiary, Returns to Profitability
HANOVER, Md., June 3, 2005 (PRIMEZONE) -- Humana Trans Services Holding Corporation (OTCBB:HTSC) (http://www.humanaservices.com), announces the sale of the payroll operations of its subsidiary Humana National Program Administrators. HTSC has sold all of its contracts and employees of Humana National Program Administrators to Tri-State Employments Services of New York City. HTSC had previously entered into an agreement with Tri-State to operate the accounts of Humana National Program Administrators, effective January 1, 2005, after management recognized that they were sustaining significant losses from the operations of the subsidiary in Kingston, Pa.
Volvo To Invest SEK 650 M in the World's Cleanest Topcoat Paintshop in Umea
GOTEBORG, Sweden, June 3, 2005 (PRIMEZONE) -- AB Volvo has decided to invest SEK 650 M in a new paintshop at its cab plant in Umea, in northern Sweden. The new paintshop will be the cleanest topcoat paintshop in the world. The investment is being made possible by a regional investment grant of SEK 45 M from the Swedish National Board for Industrial and Technical Development and an environmental grant of SEK 85 M from the EU. "It is extremely gratifying that we can now make this investment and that we will simultaneously have the opportunity to build the cleanest unit for topcoat application in the world," says Leif Johansson, President and Chief Executive Officer of Volvo.
Scania Acquires Belgian Dealership Group
SODERTALJE, Sweden, June 3, 2005 (PRIMEZONE) -- Scania has acquired the Universal Auto group of dealerships through its Belgian subsidiary. With 165 employees and 6 service workshops in the northwest of the country, the group had a turnover of approximately EUR40 million in 2004 and accounted for just over 15 percent of Scania's vehicle sales to the Belgian market.