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Hot Stocks To Watch for Wednesday, May 5, 2004: WLFI, BRCM, MU, USXP
WESTON, Fla., May 5, 2004 (PRIMEZONE) -- TheSUBWAY.com names the following stocks to its Stock Watch List: Weight Loss Forever International Inc. (OTCBB:WLFI), Broadcom Corporation (Nasdaq:BRCM), Micron Technology, Inc., (NYSE:MU), Universal Express Inc. (OTCBB:USXP).
Millennium Chemicals Postpones Conference Call and Provides Information on First Quarter Results
HUNT VALLEY, Md., May 5, 2004 (PRIMEZONE) -- Millennium Chemicals (NYSE:MCH) ("Millennium" or the "Company") announced today the postponement of its previously announced conference call on first quarter operating results and outlook scheduled for 1:00 p.m. on May 5, 2004. The postponement of the call and the issuance of first quarter operating results is necessary to provide Millennium with additional time to analyze the potential accounting ramifications in the first quarter of revised FASB Interpretation No. 46 (FIN 46), Consolidation of Variable Interest Entities, effective January 1, 2004 for variable interests acquired before February 1, 2003.
Hufvudstaden sells Schonborg 6 in Stockholm
STOCKHOLM, Sweden, May 05, 2004 (PRIMEZONE) -- Hufvudstaden has sold the company that owns the office and residential property Schonborg 6. The consideration for the shares, including the accumulated profit for January 1 to May 31, 2004, amounts to approximately SEK 168 million. The disposal will have an impact of approximately SEK 100 million on the consolidated post-tax profit for the second quarter.
GoldSpring Update: GoldSpring Requests Delisting From Berlin Bremen Stock Exchange
LONDON, May 5, 2004 (PRIMEZONE) -- GoldSpring, Inc. (OTCBB:GSPG) -- GoldSpring announced on May 3, 2004 that it had just come to the Company's attention that the Company's shares may have been listed on the Berlin-Bremen Stock Exchange without the knowledge, approval or cooperation of the Company. After further investigation, we discovered that in fact our shares had been listed absent any contact with the Company whatsoever. The Company and our securities attorneys have demanded a cease and desist in trading and the immediate delisting of our shares from their exchange. They have agreed to cooperate. We have taken this action because they have never asked for any information or contacted our Company in any regard and therefore our assumption is that someone other than our Company had an interest to have our shares traded on this exchange. We have deemed this to not be in the best interest of our Company and our shareholders.