latest news releases from the newsroom
Straumann Holding AG
Straumann Posts 26% Rise in Nine-Month Sales to CHF 314 Million
WALDENBURG, Switzerland, Oct. 21, 2004 (PRIMEZONE) -- In the first nine months of 2004, Straumann's (Other OTC:SAUHF) Group sales climbed 27% in local currencies (l.c.), or 26% in Swiss francs, to CHF 314 million. Sales growth continued to be driven by volume increases, which contributed 21% points, while price increases added one further percentage point. With the growth effect from the Biora acquisition discontinuing at the end of June, just 4% points of sales growth over nine months were acquisition related. The effect of currency translations amounted to 1% point, as the positive effect of the Euro only partially offset the negative impact of the US dollar.
Converium Holding AG
Odey Asset Management LLP acquires 5.84% in Converium registered shares (held and managed in various funds)
ZUG, Switzerland, Oct. 21, 2004 (PRIMEZONE) -- Converium Holding Ltd, Zug, has been notified pursuant to Art. 20 of the Swiss Stock Exchange Act that Odey Asset Management LLP, 12 Upper Grosvenor Street, London W1K 2ND, United Kingdom, has acquired 8,559,920 registered shares with voting rights. This corresponds to 5.84% of Converium's registered share capital. These shares are held and managed in various funds. None of these funds is holding shares in an amount, which exceeds 5% of Converium registered share capital.
The ALS Association - Orange County Chapter
Fifth Annual Walk to D'Feet ALS Scheduled For Saturday, October 23, 2004 at William R. Mason Regional Park; Sign Up Today By Visiting: support.alsaoc.org.
IRVINE, Calif., Oct. 20, 2004 (PRIMEZONE) -- The ALS Association -- Orange County Chapter -- is holding its annual Walk to D'feet ALS. The Walk benefits research and patient services for those affected by ALS, more commonly known as Lou Gehrig's disease. The Walk takes place on Saturday, October 23 at William R. Mason Regional Park in Irvine, California. This year's Grand Marshal is Marsh Fisher, co-founder of Century 21, and a representative of Safe Kids International, the presenting sponsor of the Walk.