latest news releases from the newsroom
Cordiant Communications Group PLC
Cordiant Communications Group plc ('Cordiant') Receives Preliminary Approaches
LONDON, May 12, 2003 (PRIMEZONE) -- Cordiant (NYSE:CDA) (LSE:CRI) announced on April 29, 2003 that it had received very preliminary approaches that could lead to an offer for the company. Since then, Cordiant has been actively evaluating a range of more detailed proposals, including possible offers for the company or involving its recapitalisation. Cordiant's Board continues to pursue discussions with various parties, which it is seeking to bring to a conclusion in the near future in the best interests of the company and its clients. However, none of the proposals currently under consideration is likely to result in an offer at the current share price.
TDC Reduces Headcount in the Domestic Business by 10%
COPENHAGEN, Denmark, May 12, 2003 (PRIMEZONE) -- TDC (NYSE:TLD) (OTHER OTC:TDCAF) has decided to initiate a 10% reduction of the domestic work-force comprising 1,650 employees in the period until end of 1st quarter 2004. The decision follows from TDC's domestic business experiencing stagnation from a weak Danish economy, fierce competition and tough regulation. This has caused decline in sales growth and production volumes, resulting in employee redundancy. Further, technological developments like web-based self-service and "do-it-yourself" installation products will continue to reduce the manning need in the domestic business.
Allied Irish Banks, p.l.c.
Allied Irish Banks, P.L.C. Purchase Of Own Shares
DUBLIN, Ireland, May 12, 2003 (PRIMEZONE) -- Allied Irish Banks, p.l.c. ("AIB") (NYSE:AIB) announces that on May 9, 2003, it purchased 910,000 of its ordinary shares, at an average price of Euro 14.25, to be held as treasury shares.
Ademi & O'Reilly, LLP
Wisconsin Law Firm Ademi & O'Reilly Announces The Filing Of A Class Action Suit Against Alliant Energy Corp. on Behalf of Investors -- LNT
MILWAUKEE, May 10, 2003 (PRIMEZONE) -- The law firm of Ademi & O'Reilly, LLP announced that it filed a class action lawsuit on April 17, 2003, on behalf of purchasers of the securities of Alliant Energy Corp. ("Alliant Energy" or the "Company") (NYSE:LNT) between January 29, 2002 to July 18, 2002, inclusive (the "Class Period"), who have been damaged thereby.
Glancy Binkow & Goldberg LLP
Glancy & Binkow LLP, Representing Shareholders of NorthWestern Corporation, Announces Update to Shareholder Lawsuit -- NOR
LOS ANGELES, May 9, 2003 (PRIMEZONE) -- Glancy & Binkow LLP -- representing shareholders of NorthWestern Corporation - announces 14 days remaining to move to be a lead plaintiff in the shareholder lawsuit. All persons and institutions who purchased securities of NorthWestern Corporation ("NorthWestern" or the "Company") (NYSE:NOR) between August 2, 2000 and December 13, 2002, inclusive (the "Class Period"), may move the Court not later than May 23, 2003, to serve as lead plaintiff, however, you must meet certain legal requirements.
Chitwood & Harley
Chitwood & Harley LLP Files Securities Class Action Lawsuit Against Pharmacia Corporation and Certain of Its Officers and Directors -- PHA
ATLANTA, May 9, 2003 (PRIMEZONE) -- Chitwood & Harley announces that it has filed a class action lawsuit in the United States District Court for the District of New Jersey, on behalf of investors who purchased or acquired the securities of Pharmacia Corporation, ("Pharmacia" or the "Company"), (NYSE:PHA), between April 17, 2000 and August 21, 2001, inclusive (the "Class Period"). The suit is brought against Pharmacia, and certain of its officers and directors. A copy of the complaint and a client certification is available on our website, www.classlaw.com. If you have questions concerning this matter or your rights, please contact Jennifer Morris at email@example.com or 1-888-873-3999 ext. 6883.
Chitwood & Harley
Chitwood & Harley: 2 Weeks Left For Lead Plaintiff Deadline In Class Action Lawsuit Against Collins & Aikman Corp., Heartland Industrial Partners, L.P. and Certain Collins & Aikman Officers and Directors -- CKC
ATLANTA, May 9, 2003 (PRIMEZONE) -- Chitwood & Harley, which filed a class action lawsuit in the United States District Court for the Eastern District of Michigan on behalf of investors who purchased or otherwise acquired securities of Collins & Aikman Corporation ("CKC" or the "Company) (NYSE:CKC), between August 7, 2001 and August 2, 2002, reminds class members that the deadline to file lead plaintiff papers for those class members wishing to serve in this capacity, is May 23, 2003. The suit is brought against Collins & Aikman Corporation, Heartland Industrial Partners, L.P., and certain of Collins & Aikman's officers and directors. A copy of the complaint is available on our website, www.classlaw.com. If you have questions about this action or your rights, please contact Jennifer Morris at firstname.lastname@example.org or 1-888-873-3999 extension 6883.
Europe Express Discounts Popular Packages - Incredible Prices! London Air & 6 Nights Hotel From $369.99 Available For Travel Now!
BOTHELL, Wash., May 9, 2003 (PRIMEZONE) -- Europe Express is offering deep, deep discounts on the most popular packages - and the travel dates range from Spring to Summer to Fall to Winter. "Those lucky enough to be able to take advantage of our $369.00 Spring Frenzy deal are saving a tremendous amount of money," commented Paul Barry, President and CEO of Europe Express. "$369.00 for airfare and 6 nights hotel is unheard of. Summer rates to London begin at $499 - also outstanding, and our Winter deal to Rome - $499.00. It is an incredible time - and I am fairly certain we will not see rates this low again. But, we are happy to be offering them now!". Space is subject to availability and these packages are available for a
limited time only.