latest news releases from the newsroom
Carnegie's Incentive Programme
STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- Carnegie's Board of Directors has decided to propose to shareholders that an incentive programme is introduced, offered to current employees in the Carnegie Group. The programme concerns 2003 and will be offered to employees in January 2004. At the Annual General Meeting on 13 March 2003 it will be proposed that bonds amounting up to SEK 240,000 are issued with a maximum of 2,400,000 detachable warrants. The proposed issue is to be made to a wholly owned subsidiary (Carnegie Going Forward AB), which will transfer the warrants free of payment to employees in the Carnegie Group.
AvestaPolarit Distribution Invests in New Service Centre Facilities in Sheffield, U.K.
STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- AvestaPolarit Distribution, the U.K. Sales Company and Service Centre of the stainless steel maker, has announced an almost 10 million Pounds (approx. 14 million euro) investment to fund the purchase of new equipment, including both a state-of-the-art, cut-to-length and slitting line for its U.K. service centre and to relocate the current Oldbury facilities, to fully refurbished and modernised buildings on AvestaPolarit's main U.K. site in Sheffield.
Ocwen Financial Corp.
Ocwen Financial Corporation Announces Fourth Quarter and 2002 Results
WEST PALM BEACH, Fla., Feb. 6, 2003 (PRIMEZONE) -- Ocwen Financial Corporation (NYSE:OCN) today reported a net loss in the fourth quarter of 2002 of $(7.8) million or $(0.12) per share compared to a net loss of $(6.9) million or $(0.10) per share in the fourth quarter of 2001. For the year ended December 31, 2002 the Company reported a net loss of $(66.5) million or $(0.99) per share compared to a net loss of $(124.8) million or $(1.86) per share in 2001.
United Online, Inc.
United Online Reports GAAP Net Income of $4.7 Million, or $0.11 Per Share, in Fiscal Second Quarter
WESTLAKE VILLAGE, Calif., Feb. 6, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet access through its NetZero, Juno and BlueLight Internet services, today reported results for its fiscal second quarter ended December 31, 2002.
Axfood's Sales For the Month of January 2003
STOCKHOLM, Sweden, Feb. 6, 2003 (PRIMEZONE) -- Axfood (Stockholm:AXFO) today announced that for stores in Sweden owned by the Group, the increase was 13.3% for the month of January, of which same stores accounted for 4.7%. Consolidated net sales(a) (excluding VAT) for the month totaled SEK 2,699 m (2,615), a increase of 3.2% compared with the same period a year ago. Of total sales, the Swedish operations accounted for SEK 2,300 m (2,205) and Spar Finland for SEK 399 m (410).