latest news releases from the newsroom
Skandia Strengthens Organisation
STOCKHOLM, Sweden, Nov. 10, 2004 (PRIMEZONE) -- Skandia Sweden is further strengthening its organisation with the appointment of Gunilla Forsmark-Karlsson as new president of SkandiaBanken, at the same time that Peter Friberg will head all of Skandia Sweden's fund business.
Quest Oil Corporation (QOIL) Corporate Update: Strategic New Direction
ARLINGTON, Texas. Nov. 10, 2004 (PRIMEZONE) -- Quest Oil Corporation (OTCBB:QOIL) is pleased to announce the appointment of Mr. Robert N. Martin to its Board of Directors. Mr. Martin has just completed a successful term as the President of Longbow Energy Corp. (TSX Venture Exchange:LBV), an Alberta based oil and gas exploration company. Mr. Martin's long professional standing as a petroleum engineer will add significantly to the corporation's ability to select high quality acquisition and prospect properties worldwide. Visit: www.questoil.com.
Skandia Financial effects through September 2004
STOCKHOLM, Sweden, Nov. 10, 2004 (PRIMEZONE) -- Skandia's result is affected by external factors such as changes in the stock market and interest rates. Future revenues, which are based on fund values, increase or decrease as a result of these factors.
Teleca expands collaboration with IPWireless by becoming a TDD Design Centre
MALMO, Sweden, Nov. 10, 2004 (PRIMEZONE) -- Teleca is expanding its collaboration with IPWireless to become, together with its partner Wireless System Integration (WSI), the world's first TDD Design Centre. Teleca will thereby also become the development services partner of IPWireless for new products based on the UMTS TDD standard. IPWireless will provide technology that will enable Teleca to develop and enhance UMTS TDD devices for customers.
AB Volvo announces share repurchase
GOTEBORG, Sweden, Nov. 10, 2004 (PRIMEZONE) -- Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Tuesday, November 9, acquired 300,000 series B shares. The shares were traded between SEK 277.00 and 279.50 with an average price of SEK 278.27.