latest news releases from the newsroom
China Direct Trading Corp.
China Direct Trading Corp. to Open China Mart in South Florida
BEIJING, Nov. 15, 2004 (PRIMEZONE) -- China Direct Trading Corporation (OTCBB:CHDT) announced today that it has been approved by the China Ministry of Commerce (MOFCOM) to open and manage a China Mart in Dade or Broward County (South Florida) as a permanent showroom for the wares of Chinese manufacturers. Manufacturers will come to the U.S., man their showrooms, and sell their goods at overseas pricing.
Midas Entertainment, Inc.
CityPoker.com Players Excel at Monte Carlo Millions Tournament
DAVIE, Fla., Nov. 15, 2004 (PRIMEZONE) -- Two online players from CityPoker.com won entry into the Monte Carlo Millions Poker Tournament courtesy of CityPoker.com and performed excellently against some of the world's top poker players. CityPoker.com is powered by Midas Entertainment, Inc. a publicly traded online poker software company (Pink Sheets:MDAS).
Telelogic signs $1.6 Million Deal with BAE Systems Australia Ltd.
MALMO, Sweden, Nov. 15, 2004 (PRIMEZONE) -- Telelogic (Stockholm Exchange:TLOG), the leading global provider of solutions for advanced systems and software development, today announced that BAE Systems Australia Limited has entered into an agreement with Telelogic for the provision of Telelogic tools and services. The initial period of the agreement is three years from 1 January 2005 with further options for BAE Systems to extend it to the end of 2014. The value of the agreement for the initial three year period is US$ 1.6 million.
Ahold Reaches Agreement with Carrefour on Terms of Sale of its Large Hypermarkets in Poland
ZAANDAM, The Netherlands, Nov. 15, 2004 (PRIMEZONE) -- Ahold today announced it has reached agreement on the divestment of its 13 large hypermarkets in Poland to Carrefour. The hypermarkets trade under the Hypernova banner and are located in major Polish cities. The transfer is subject to the fulfillment of certain conditions, including anti-trust approval. The closing of the transaction, the price of which was not disclosed, is expected in the first quarter of 2005.
AB Volvo announces share repurchase
GOTEBORG, Sweden, Nov. 15, 2004 (PRIMEZONE) -- Repurchase of own shares, AB Volvo has, on Friday, November 12, acquired 235,000 series B shares. The shares were traded between SEK 278.00 and 279.50 with an average price of SEK 278.81.