latest news releases from the newsroom
Lars Josefsson new President of Sandvik Mining and Construction - Anders Ilstam new Executive Vice President of Sandvik AB
SANDVIKEN, Sweden, August 05, 2003 (PRIMEZONE) -- Lars Josefsson has been appointed President of the Sandvik (Other OTC:SDVKF) Mining and Construction business area and a member of Group Executive Management, effective 1 January 2004. Lars, 50, with a M.Sc. Eng. degree, is currently President of the power generation company ALSTOM Sweden, with 3,000 employees and annual sales of SEK 7,000 M. He has experience from various executive positions within ABB STAL and ABB.
TDC Earnings Release 2Q 2003
KOEBENHAVN C, Denmark, August 05, 2003 (PRIMEZONE) -- Strong second quarter for TDC (NYSE:TLD). Outlook for net income increased by 21% to DKK 2.3bn.
Credit Suisse Group
Credit Suisse Group doubles net profit in the second quarter 2003 to chf 1.3 billion and reports net profit of chf 2.0 billion for the first half 2003
ZURICH, Switzerland, August 05, 2003 (PRIMEZONE) -- Credit Suisse Group (NYSE:CSR) (Other OTC:CSGKF) today announced a net profit of CHF 1.3 billion for the second quarter of 2003 and a net profit of CHF 2.0 billion for the first half of 2003. Net profit for the second quarter of 2003 was more than double that of the first quarter of 2003. Credit Suisse First Boston achieved solid results in the second quarter of 2003, driven by strong performance in the Institutional Securities segment. At Credit Suisse Financial Services, both Private Banking and Corporate & Retail Banking increased their operating income substantially, while Winterthur's results continued to improve in the second quarter of 2003, with reduced administration costs in both insurance segments.
Tele2 reports customer intake of 1,063,000, with revenues up 21% to msek 9,225 and ebt more than tripling to msek 567
NEW YORK and STOCKHOLM, Sweden, August 05, 2003 (PRIMEZONE) -- Tele2 AB (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholm:TEL2A)(Stockholm:TEL2B), the leading alternative pan-European telecommunications company, today announced its consolidated results for the second quarter ended June 30, 2003.
Sciax Technology, Inc.
Sciax Secures Major Industrial Client
BAY CITY, Mich. and TORONTO, Aug. 4, 2003 (PRIMEZONE) -- Ugomedia Interactive Corp. (Name change to Sciax Corp. pending) (OTCBB:UGMI) has been selected as the supplier of precision optical imaging equipment by a major Canadian mining corporation.