latest news releases from the newsroom
Buffalo Technology (USA), Inc.
Buffalo Technology Announces Enhanced Channel Partner Program
AUSTIN, Texas, March 15, 2004 (PRIMEZONE) -- Buffalo Technology, a global leader in the design, development and manufacturing of networking solutions for home, SOHO and SMBs, today announced an expansion of its existing channel partner program. The new program focuses on increasing its channel partner's sales and profitability. Enhanced support and programs allow partners to maximize business opportunities with Buffalo's award-winning line of wired and wireless networking solutions.
Capital Research Group, Inc
TheSUBWAY.com Announces Its Morning Stock Focus List for Monday, March 15, 2004: ELIN, CTKH, QBID, ONNN
WESTON, Fla., March 15, 2004 (PRIMEZONE) -- TheSUBWAY.com announces eLinear Inc. (OTCBB:ELIN) to its Stock Focus List. ELIN is new to TheSUBWAY.com, and has announced good news! Watch this company; it has traded higher recently, and could continue to move up in the near term! Other stocks highlighted include:
Capital Research Group, Inc
Hot Stocks To Watch for Monday, March 15, 2004: ELIN, GLBT, GTEL, TIBX
WESTON, Fla., March 15, 2004 (PRIMEZONE) -- TheSUBWAY.com names eLinear Inc. (OTCBB:ELIN) to its Stock Watch List. ELIN is new to TheSUBWAY.com, and has announced good news! Watch this company, it has traded higher on solid volume, and could continue to move in the near term! Other stocks highlighted include:
Telelogic Extends Requirements-Driven Development to Multiple Application Platforms
MALMO, Sweden and IRVINE, Calif., March 15, 2004 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced the upcoming release and integration of DOORS(R)/Analyst(TM) 1.2, TAU(R)/Architect(TM) 2.3, and TAU/Developer(TM) 2.3. Available on April 30, this will enable tighter integration of requirements into all phases of the development process, significantly increasing the chances of project success. In addition, the latest release of TAU/Developer adds model driven code generation for C++ and Java, two of the industry's most popular application development languages.
Sandvik acquires 51 % of MGS of Brazil
SANDVIKEN, Sweden, March 15, 2004 (PRIMEZONE) -- Sandvik Materials Handling (SMH), a product area whithin Sandvik Mining and Construction (SMC), has acquired 51 percent of Manuseio de Graneis Solidos S.A (MGS) from the members of the management team, who retain 49 percent of the company.
Blyth, Inc. Reports Record 4th Quarter and Full Year Sales
GREENWICH, Conn., March 15, 2004 (PRIMEZONE) -- Blyth, Inc. (NYSE:BTH), a leader in home decor and home fragrance products, reported today that fourth quarter Net Sales increased 28% to $486.4 million versus sales of $380.5 million a year earlier. Operating Profit declined 2% to $38.3 million from $39.0 million in the prior year period. Excluding the effect of certain charges in both years, described below, fourth quarter fiscal 2004 Operating Profit would have increased 48% to $61.4 million for fiscal year 2004 compared to $41.6 million for fiscal year 2003. Diluted Net Earnings Per Share for the fourth quarter were $0.45 compared to $0.50 for the same period last year. Last year's fourth quarter EPS of $0.50 included a pre-tax impairment charge of $2.6 million related to placing the Company's U.K.-based specialty retailer Wax Lyrical into receivership, which negatively impacted Earnings Per Share by $0.05. In the fourth quarter of fiscal year 2004, the Company recorded restructuring and impairment charges of $23.0 million, which was slightly below previously announced estimates. These charges resulted primarily from the rationalization and alignment of its Candles & Home Fragrance segment operations given changing marketplace and global supply chain requirements, which negatively impacted Earnings Per Share by $0.30 this year. Excluding the effect of these charges in both years, fourth quarter fiscal 2004 earnings per share would have increased 36% to $0.75 compared to $0.55 in last year's fourth quarter.