latest news releases from the newsroom
Northrop Grumman Corp.
Northrop Grumman to Redeem $250 Million 9.375% Debentures
LOS ANGELES -- Aug. 17, 2004 -- Northrop Grumman (NYSE: NOC) today announced that it has approved the redemption on Oct. 15, 2004 of all of its subsidiary Northrop Grumman Systems Corporation's outstanding $250 million 9.375% Debentures due 2024. The redemption price will be 104.363% of the principal amount plus accrued and unpaid interest through the Oct. 15, 2004 redemption date. In accordance with the terms of the indenture under which the debentures were issued, the debentures will be redeemed in full on the redemption date.
Northrop Grumman Corp.
Northrop Grumman Board Declares Quarterly Dividends
LOS ANGELES -- Aug. 17, 2004 -- The board of directors of Northrop Grumman Corporation (NYSE: NOC) today declared a quarterly dividend of 23 cents per share on Northrop Grumman common stock, payable Sept. 11, 2004, to shareholders of record as of the close of business Aug. 30, 2004. The board also declared a dividend of $1.75 per share on the company's Series B convertible preferred stock, payable Oct. 15, 2004, to shareholders of record as of the close of business Oct. 1, 2004.
Quantech Electronics Corp.
DimiTel Ltd Supplies Quantech Subsidiary with a Comprehensive Calling Card Platform
LONDON, Aug. 17, 2004 (PRIMEZONE) -- DimiTel Ltd, a wholly owned subsidiary of Quantech Electronics Corp, announced today that it has been selected by Mango communications to supply them with a Calling Card platform. DimiTel Ltd, the experienced applications and mobile, voice billing provider, will offer the Calling Card platform as a full turn-key solution including platform and termination as a fully hosted service in Telecity UK.
Acura Pharmaceuticals Inc.
Acura Pharmaceuticals, Inc. Announces New Stock Symbol
PALATINE, Ill., Aug. 17, 2004 (PRIMEZONE) -- Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced that the Company's common stock will trade under the symbol "ACUR" effective immediately. This change coincides with the action taken on August 12, 2004 to change the name of the Company from Halsey Drug Co., Inc. to Acura Pharmaceuticals, Inc.
Atna Resources Ltd.
Atna Concludes Definitive Agreement on Pinson Gold Property
VANCOUVER, B.C., Aug. 17, 2004 (PRIMEZONE) -- Atna Resources Ltd. is pleased to announce that it has concluded a definitive agreement with Pinson Mining Company (a wholly owned subsidiary of Barrick Gold) to option the Pinson Gold property in Nevada. The Pinson property fulfils Atna's objective of acquiring an advanced exploration project with near term potential to establish a well-defined gold resource. Pinson enhances and complements Atna's growing portfolio of exploration properties in Nevada and establishes the company as a leading participant in Nevada gold exploration.
Tony Roma's Ribs Are A Hit With *NSYNC And Their Celebrity Friends
MIAMI BEACH, Fla., Aug. 17, 2004 (PRIMEZONE) -- Tony Roma's recently sponsored *NSYNC's Challenge For The Children charity event here providing their World Famous Ribs and more for celebrities and their guests. This was the sixth year for the event, with proceeds benefiting the Arnold Palmer Children's Hospital in Orlando, FL and other charities.
Port of Houston Authority
Port of Houston to Host House Subcommittee on Port Security
AUSTIN, Texas, Aug. 17, 2004 (PRIMEZONE) -- The Texas House of Representatives' Subcommittee on Port Security will visit the Port of Houston on Wednesday, August 18 to see first-hand the security measures that are in place and the recent security upgrades that have been implemented. Additionally, the Subcommittee will hold a public hearing at the Hilton Houston Hobby Airport beginning at 2:00 p.m. "Our first hearing was held at the Port of Corpus Christi, and the committee received valuable information for our report to the full Legislature. I would like to thank the Port of Houston Authority for allowing us to tour their facility and the opportunity to study other issues that will help the Committee make recommendations that may better improve the security of our ports," said Chairman Gene Seaman, House District 32. "We need to make sure we protect our citizens and economic impact that the Port has on the State and the Country."
US Family Health Plan
US Family Health Plan Releases Member Satisfaction Results and Enrollment Growth
WASHINGTON, Aug. 17, 2004 (PRIMEZONE) -- US Family Health Plan today reports 2004 national member satisfaction ratings of 85 percent and enrollment growth of over four-and-a-half percent. Results demonstrate members' view of the US Family Health Plan as a long-term TRICARE Prime option available to families of active-duty military, as well as retirees and their eligible family members across the United States.