latest news releases from the newsroom
Sandvik divests Eurotungstene S.A. in France
SANDVIKEN, Sweden, August 21, 2003 (PRIMEZONE) -- Sandvik has reached an agreement with Eramet S.A., France, covering the sale of Sandvik's 49% holding in Eurotungstene Poudres S.A., France. As a result, Eramet, holding 51% of the shares in Eurotungstene Poudres S.A., will become the sole owner of the company. Eurotungstene Poudres S.A., with about 125 employees, is active in the production of cobalt- and tungsten-based powders primarily used in the diamond tools industry.
MTG Renews Distribution Contracts with TDC and Telia Stofa
STOCKHOLM, Sweden, Aug. 21, 2003 (PRIMEZONE) -- Modern Times Group MTG AB (Nasdaq:MTGNY), the international media group, today announced that it has renewed its distribution contracts with a number of leading Danish cable operators including TDC Kabel TV and Telia Stofa. MTG's channels are the most popular satellite and cable channels in Denmark and the new contracts reach over 50% of all Danish TV households.
OneSource Technologies, Inc.
OneSource Reports Second Quarter 2003 Results
SCOTTSDALE, Ariz., August 21, 2003 (PRIMEZONE) -- OneSource Technologies, Inc., (OTCBB:OSRC) reported consolidated revenues of $771 thousand for the quarter ended June 30, 2003, a 7% increase over second quarter 2002 revenues of $721 thousand. Consolidated year-to-date revenues of $1.5 million were also 7% greater than the $1.4 million reported for the first six months of 2002. The Company reported Net Losses of $84 thousand (less than $0.00 per share) and $97 thousand (less than $0.00 per share) for the quarter-ended June 30 and year-to-date 2003 respectively, compared to Net Income of $54 thousand (less than $0.00 per share) and Net Losses of $57 thousand (less than $0.00 per share) respectively for the quarter ended June 30 and year-to-date 2002.
Hansabank: Invitation to Q2 2003 Results Webcast
TALLINN, Finland, Aug. 21, 2003 (PRIMEZONE) -- Hansabank (Other OTC:HNSBF) will publish the Q2 2003 results on August 22, 2003 at 9:00 am Tallinn time (8:00 CET). The press release, interim report and presentation are published through the stock exchange information system and HUGIN-online, and are also posted on the bank's Internet home page www.hansagroup.com. We invite you to a Webcast, where we will give an overview of the most important events and developments. You will find the details below.
Lone Star Steak House & Saloon
Lone Star Steakhouse & Saloon, Inc. Third Quarter Update
WICHITA, Kan., August 21, 2003 (PRIMEZONE) -- Lone Star Steakhouse & Saloon, Inc., (Nasdaq:STAR) "Lone Star," estimates that it will earn between $2,900,000 and $3,500,000 or $.12 to $.15 per fully diluted share for its fiscal third quarter ending September 9, 2003.