latest news releases from the newsroom
Enea Streamlines Operations and Increases focus on OSE
TABY, Sweden, April 28, 2004 (PRIMEZONE) -- Enea is streamlining its operations and focusing on the Company's OSE products and services. This will result in the sale of three units in Enea's Swedish consulting operations with a total of 120 employees. At the same time, some 20 employees in the Group's support functions will be given notice. The streamlining effort is aimed at creating the conditions for expansion and increased market share.
Enea Data Interim Report for the Period 1 January -- 31 March 2004
TABY, Sweden, April 28, 2004 (PRIMEZONE) -- Enea is streamlining its operations and strengthening the focus on the OSE product family, product-oriented consulting and related qualified services. Costs connected to the streamlining process are estimated to approximately SEK 40 million whereof SEK 19 million has been charged to first quarter earnings.
Sinclair Pharma PLC
Sinclair Pharma PLC Announces Product Update
GODALMING, U.K., April 28, 2004 (PRIMEZONE) -- Sinclair Pharma plc, the British pharmaceutical company developing novel patented products in niche markets, today announces that Decapinol(R), an oral rinse for the treatment and prevention of gingivitis and periodontitis, has been designated as a medical device by the US Food and Drug Administration ("FDA"). The next step is to file for registration of the device so that it can be marketed in the USA.
Levi & Korsinsky, LLP
Zimmerman, Levi & Korsinsky, LLP Files Class Action Lawsuit Against Novastar Financial -- NFI
NEWARK, N.J., April 27, 2004 (PRIMEZONE) -- A class action lawsuit was filed by Zimmerman, Levi & Korsinsky, LLP in the United States District Court for the Western District of Missouri on behalf of all purchasers of the securities of Novastar Financial Inc. ("Novastar" or the "Company") (NYSE:NFI), between October 29, 2003 and April 8, 2004, inclusive (the "Class Period").
The Pomerantz Firm Charges NovaStar Financial with Securities Fraud -- NFI
NEW YORK, April 27, 2004 (PRIMEZONE) -- Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) has filed a class action lawsuit against NovaStar Financial, Inc. ("NovaStar" or the "Company") (NYSE:NFI) and three of the Company's senior officers, on behalf of all persons or entities who purchased the securities of NovaStar during the period between October 29, 2003 through April 8, 2004, inclusive (the "Class Period"). The case was filed in the United States District Court for the Western District of Missouri (Western Division).
Nortel Networks Charged With Securities Fraud, Says The Pomerantz Firm -- NT
NEW YORK, April 27, 2004 (PRIMEZONE) -- A class action lawsuit has been filed by Pomerantz Haudek Block Grossman & Gross LLP (www.pomerantzlaw.com) in the United States District Court for the Southern District of New York, Civil Action No.: 04 CV 2572, against Nortel Networks, Inc. ("Nortel" or the "Company") (NYSE: NT) and three of the Company's senior officers, on behalf of investors who purchased the securities of Nortel during the period April 24, 2003 and March 10, 2004 (the "Class Period").
AMC American Music Corporation
CADItec International, Inc. (AMC American Music Corporation) Announces Plans for AMEX Listing
SANTA FE SPRINGS, Calif., April 27, 2004 (PRIMEZONE) -- CADItec International, Inc. (Pink Sheets:CDCI), a record company that develops, publishes and markets popular Rock, Hip Hop, Gospel and Latino Music, announced today that to further its efforts as a public company, management is preparing to file the company's application for listing its common stock on the American Stock Exchange.