latest news releases from the newsroom
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Pricing Of Convertible Senior Unsecured Notes
WEST PALM BEACH, Fla., July 23, 2004 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) announced today that it has entered into an agreement with the initial purchaser to sell $150 million aggregate principal amount of its 3.25% Contingent Convertible Senior Unsecured Notes Due 2024 in a previously announced private placement pursuant to Rule 144A of the Securities Act of 1933, as amended. The $150 million aggregate principal amount is an increase of $25 million from the initially announced transaction size. In addition, the Company has granted the initial purchaser of the notes an option to purchase up to an additional $25 million aggregate principal amount of notes. The offering is expected to close on or about July 28, 2004, subject to customary closing conditions.
FindProfit.com Analyzes TheStreet.com's Q2 Earnings
PRINCETON, N.J., July 23, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers detailed investment coverage and analysis of TheStreet.com's (Nasdaq:TSCM) Q2 earnings.
Allied Irish Banks, p.l.c.
AIB Board take action on foreign exchange and other issues
DUBLIN, Ireland, July 23, 2004 (PRIMEZONE) -- The Board of Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) met yesterday (22 July) to consider the progress report by the Irish Financial Services Regulatory Authority which contained results of the initial inquiries undertaken on behalf of the Financial Services Regulator and AIB by Deloitte. These inquiries into certain regulated Foreign Exchange charges were independently assured by Mr Lauri McDonnell, former Comptroller and Auditor General.
Invitation to Skanska Conference Call
STOCKHOLM, Sweden, July 23, 2004 (PRIMEZONE) -- In conjunction with the release of Skanska's (Other OTC:SKSBF) six month report of 2004 on Thursday July 29, you are invited to participate in a telephone conference call.
Skanska to Extend Hospital in North Carolina for SEK 672 M, USD 90 M
STOCKHOLM, Sweden, July 23, 2004 (PRIMEZONE) -- Skanska has been awarded the construction assignment to extend Cape Fear Valley Medical Center in Fayetteville, North Carolina. The contract is valued at SEK 672 M (USD 90 M) and is included in order bookings for the second quarter 2004. The customer is Cape Fear Valley Health System.
Fortis Financial Calendar 2005
BRUSSELS, Belgium, July 23, 2004 (PRIMEZONE) -- Fortis has set the dates for publications in 2005. Press releases and presentations will be available on the Fortis Internet site from 7:30 am. The press conferences and analyst meetings can be followed live by phone, or via our website www.fortis.com.