latest news releases from the newsroom
Allied Irish Banks, p.l.c.
AIB Announces Joint Venture with Aviva
DUBLIN, Ireland, Nov. 22, 2005 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) today announces that it has agreed the terms of a joint venture with Aviva plc ("Aviva") for the manufacture and distribution of life and pensions products in the Republic of Ireland (the "Transaction").
Saab and FMV Air-to-Air Test Trials with Swedish Tanker
LINKOPING, Sweden, Nov. 22, 2005 (PRIMEZONE) -- The test flights were performed over the Baltic Sea east of the Swedish coastline. The C-130 from the Swedish Air Force wing F 7 was operated from FMV Test Center and Gripen aircraft were operated from Saab. Saab's verification flight tests included a total of six sorties with test aircrafts of the latest standard of Gripen, the Gripen C single-seat and Gripen D dual-seat. The results were very successful.
Hydro Acquires EnCana's 50 Percent Interest in the Chinook Field offshore Brazil
OSLO, Norway, Nov. 22, 2005 (PRIMEZONE) -- Norsk Hydro ASA has entered into an agreement with independent Canadian oil and gas company EnCana Corporation to acquire all of the issued shares of an EnCana subsidiary for a cash consideration of 350 million U.S. dollars on a debt-free basis. The EnCana subsidiary holds a 50 percent interest in the promising Chinook discovery in the Campos basin in Brazil.
Adecco Organizes Itself for the Future
CHESEREX, Switzerland, Nov. 22, 2005 (PRIMEZONE) -- The Adecco Group, the worldwide leader in Human Resource services, announced today the appointment of Klaus J. Jacobs as Chairman and Chief Executive Officer (CEO) of Adecco Group. As Group CEO, he replaces Jerome Caille, who has resigned with immediate effect. Also with immediate effect, Jurgen Dormann, member of the Board of Directors, has been appointed Vice Chairman of the Company. Philippe Foriel-Destezet resigned as Co-Chairman of Adecco, but continues as member of the Board of Directors.
The Cooper Companies, Inc.
Cooper Companies Lowers Forward Estimates
LAKE FOREST, Calif., Nov. 21, 2005 (PRIMEZONE) -- The Cooper Companies, Inc. (NYSE:COO) today lowered revenue and earnings per share estimates for the fourth fiscal quarter of 2005 and for the full fiscal years 2005, 2006 and 2007; confirmed that it will introduce its second generation silicone hydrogel contact lenses in Europe in December and said that its Biomedics XC two-week disposable lens, a unique, more comfortable lens design using biocompatible phosphorylcholine technology that competes favorably with the two-week silicone hydrogel products, will be introduced in the United States in January, two months ahead of schedule. The company also announced that it has advanced the anticipated U.S. launch date for its silicone hydrogel toric lens from the third calendar quarter of 2007 to the first calendar quarter of 2007.